NITROGAS AS

Org. no. 999092829 · SOLA · Founded 2012

Score · fiscal year 2025

71of 100

How to read this: the company is ahead of 89 % of small companies in the same sector in 2025. What does this mean?

Rank: 56 of 584 · Olje og gass

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 71 and solidity 65 out of 100 among small companies in the same sector in 2025. Methodology

Against the sector

NITROGAS AS is 22 points above the median for small companies in the same sector in 2025.

Median score 49 among 310 companies.

Against small companies in the same sector in 2025: operating margin 23.5% (median 1.6%) and equity ratio 85.5% (median 53.9%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue4 MNOK3 MNOK
Operating margin 23.5% 1.6% 71 %
Profit margin 23.0% 8.7% shown, not part of the index
Return on assets 14.9% 2.9% 72 %
Equity ratio 85.5% 53.9% 68 %
Debt-to-equity 0.17 0.39 63 %
Current ratio 6.33 1.77 73 %
Revenue growth 60.3% 0.9% 88 %

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

With an index of 71, NITROGAS AS does better than 89% of small companies in the same sector (314 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • NITROGAS AS
  • Median: small companies in the same sector
Analysis · 2025

What the numbers say

NITROGAS AS had an operating margin of 23.5% and an equity ratio of 85.5% in 2025, and ranks 56 of 584 in Olje og gass.

From 2024 to 2025: revenue grew by 60% and the equity ratio fell from 94.3% to 85.5%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 6 MNOK and 12 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.7 MNOK 10.0 7 MNOK
EV/EBIT Operating profit: 1.0 MNOK
minus net debt −4.3 MNOK
8.0 12 MNOK
P/B Equity: 5.5 MNOK 1.0 6 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.

Data quality

No anomalies found in the figures.

Stress test · 2022

Scenario analysis: the sector's weakest year

We have no accounts for 2022, the sector's weakest year, for this company.

The sector's weakest year was 2022, with a median operating margin of 1.5%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability71 weight 30%
Solidity65 weight 25%
Liquidity73 weight 15%
Growth88 weight 15%
Consistency61 weight 15%

Durability: 73 (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 NITROGAS AS?

The operating margin was 23.5% in 2025, against a median of 1.6% among small companies in the same sector. Return on assets was 14.9%.

How solid is NITROGAS AS?

The equity ratio was 85.5% in 2025 (median 53.9%). Debt-to-equity was 0.17 (median 0.39).

What is the liquidity of NITROGAS AS like?

The current ratio was 6.33 in 2025 (median 1.77).

How does NITROGAS AS compare in Olje og gass?

NITROGAS AS ranks 56 of 584 in Olje og gass for 2025. Among companies of the same size (small companies) it ranks 35 of 314. Revenue changed by 60.3% from the year before.

From the Central Coordinating Register

Org. no.
999092829
Legal form
AS
Sector
Olje og gass (09.109)
Size tier
small
Employees
0–4 (not registered)
Founded
30 September 2012 14 years in operation
Share capital
0.55 MNOK
Business address
Kanalarmen 10, 4033 STAVANGER (SOLA)
Municipality
Sola rank 2 of 27 in KOSTRA group 9
Audit
Audit opted out from 16 November 2017
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
Geir Magne Høiland
Chair of the board
Tore Rygh
Board member
Hege Furland
Board member
Øyvind Næss Johannessen
Board member
June Lien
Board member
Geir Magne Høiland
Accountant
REGN10 AS

Source: Central Coordinating Register, fetched 25 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 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index806771
Rank238256
Operating margin50.8%21.3%23.5%
Return on assets45.5%11.1%14.9%
Equity ratio86.9%94.3%85.5%
Current ratio6.2120.096.33
Revenue growth–−39.3%60.3%

Accounts

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

Key figure202320242025
Operating revenue4.2 MNOK2.5 MNOK4.1 MNOK
Operating profit2.1 MNOK0.5 MNOK1.0 MNOK
Profit before tax2.2 MNOK0.5 MNOK0.9 MNOK
Net profit1.7 MNOK0.4 MNOK0.7 MNOK
Financial expenses0.1 MNOK0.1 MNOK0.0 MNOK
Total assets5.0 MNOK5.1 MNOK6.4 MNOK
Current assets3.5 MNOK3.7 MNOK5.3 MNOK
Equity4.4 MNOK4.8 MNOK5.5 MNOK
Retained earnings3.8 MNOK4.2 MNOK5.0 MNOK
Total liabilities0.7 MNOK0.3 MNOK0.9 MNOK
Current liabilities0.6 MNOK0.2 MNOK0.8 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6777964.

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