KARS NENSET AS

Org. no. 998064996 · SKIEN · Founded 2012 · 19 employees

Score · fiscal year 2025

68of 100

How to read this: the company is ahead of 86 % of medium-sized companies in the same sector in 2025. What does this mean?

Rank: 6,205 of 38,670 · Handel

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 45 and solidity 87 out of 100 among medium-sized companies in the same sector in 2025. Methodology

Against the sector

KARS NENSET AS is 19 points above the median for medium-sized companies in the same sector in 2025.

Median score 49 among 2,198 companies.

Against medium-sized companies in the same sector in 2025: operating margin 3.2% (median 3.2%) and equity ratio 68.2% (median 32.6%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 29 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue206 MNOK173 MNOK
Operating margin 3.2% 3.2% 50 %
Profit margin 3.9% 3.2% shown, not part of the index
Return on assets 8.8% 11.6% 39 %
Equity ratio 68.2% 32.6% 87 %
Debt-to-equity 0.47 2.03 87 %
Current ratio 1.91 1.38 73 %
Revenue growth 26.2% 6.8% 83 %
Revenue per employee10.84 MNOK6.45 MNOK

The median and “ahead of” refer to medium-sized companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 68, KARS NENSET AS does better than 86% of medium-sized companies in the same sector (2,203 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • KARS NENSET AS
  • Median: medium-sized companies in the same sector
Summary analysis

KARS NENSET AS has a score of 68 for 2025, rank 6,205 of 38,670 in the sector.

Strongest: Solidity: percentile 87 against peers, equity ratio 68.2% against a median of 32.6%. Growth: percentile 83 against peers, revenue growth 26.2% against a median of 6.8%.

No area is clearly below its peers.

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

KARS NENSET AS had an operating margin of 3.2% and an equity ratio of 68.2% in 2025, and ranks 6,205 of 38,670 in Handel.

From 2024 to 2025: revenue grew by 26% and the equity ratio fell from 78.1% to 68.2%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 55 MNOK and 66 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 6.3 MNOK 10.0 63 MNOK
EV/EBIT Operating profit: 6.5 MNOK
minus net debt −3.1 MNOK
8.0 55 MNOK
P/B Equity: 65.9 MNOK 1.0 66 MNOK

A mechanical estimate from public accounts, not advice. Mechanical estimate from public accounts with fixed multiples. Not a valuation and not advice to buy or sell. The multiples are provisional default values and must be adjusted per sector before the figures are used for anything. See the calculation

Indications · 2025

Worth a closer look

No rules were triggered for this year.

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 1.3% of the debt in 2025. The policy rate averaged 4.30 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.

Data quality

No anomalies found in the figures.

Stress test · 2017

Scenario analysis: the sector's weakest year

We have no accounts for 2017, the sector's weakest year, for this company.

The sector's weakest year was 2017, with a median operating margin of −65.6%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability45 weight 30%
Solidity87 weight 25%
Liquidity73 weight 15%
Growth83 weight 15%
Consistency62 weight 15%

Durability: 67 (average over 3 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is KARS NENSET AS?

The operating margin was 3.2% in 2025, against a median of 3.2% among medium-sized companies in the same sector. Return on assets was 8.8%.

How solid is KARS NENSET AS?

The equity ratio was 68.2% in 2025 (median 32.6%). Debt-to-equity was 0.47 (median 2.03).

What is the liquidity of KARS NENSET AS like?

The current ratio was 1.91 in 2025 (median 1.38).

How does KARS NENSET AS compare in Handel?

KARS NENSET AS ranks 6,205 of 38,670 in Handel for 2025. Among companies of the same size (medium-sized companies) it ranks 316 of 2,203. Revenue changed by 26.2% from the year before.

From the Central Coordinating Register

Org. no.
998064996
Legal form
AS
Sector
Handel (47.810)
Size tier
medium
Employees
19 registered 10 September 2026
Founded
1 January 2012 14 years in operation
Share capital
0.03 MNOK
Business address
Porsgrunnsvegen 192, 3735 SKIEN
Municipality
Skien rank 9 of 10 in KOSTRA group 11
Latest accounts filed
2025

Source: Central Coordinating Register, Brønnøysund Register Centre. The employee count is reported by the company and may be older than the accounts. See the company at the Brønnøysund Register Centre

Ownership and roles

Chief executive
Rémy Anderssen
Chair of the board
Ali Hassan Khaled
Board member
Houssain Hassan Khaled
Board member
Mohyedin Hassan Khaled
Auditor
REVISJONSSELSKAPET AS
Accountant
ENORA AS

Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.

Owners and shareholdings will appear here once the shareholder data extract is in place.

Coming · not built yet

Error in the data?

Do you see an error in the figures or in how the company is mapped (sector, holding, group)? Let us know. Corrections require documentation.

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Figures last fetched 29 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index706268
Rank5,9319,8426,205
Operating margin2.1%3.3%3.2%
Return on assets6.4%8.7%8.8%
Equity ratio78.7%78.1%68.2%
Current ratio2.502.481.91
Revenue growth–−5.6%26.2%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure202320242025
Operating revenue172.8 MNOK163.1 MNOK205.9 MNOK
Operating profit3.6 MNOK5.4 MNOK6.5 MNOK
Profit before tax4.7 MNOK6.9 MNOK8.1 MNOK
Net profit3.6 MNOK5.4 MNOK6.3 MNOK
Financial expenses0.8 MNOK0.4 MNOK0.4 MNOK
Total assets85.4 MNOK84.4 MNOK96.6 MNOK
Current assets45.3 MNOK45.5 MNOK57.3 MNOK
Equity67.2 MNOK65.9 MNOK65.9 MNOK
Retained earnings67.2 MNOK65.9 MNOK65.9 MNOK
Total liabilities18.2 MNOK18.5 MNOK30.7 MNOK
Current liabilities18.2 MNOK18.4 MNOK30.1 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 7243516.