Kalstad Maskin AS
Score · fiscal year 2025
69of 100
How to read this: the company is ahead of 80 % of companies in the Morning class Small in the same sector in 2025. What does this mean?
Rank in the Morning class Small: 27 of 129 · What are Morning company classes?
Place in the whole sector: 72 of 406 · Jordbruk og skogbruk
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 68 and solidity 86 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology
Against the sector
Kalstad Maskin AS is 17 points above the median for companies in the Morning class Small in the same sector in 2025.
Median score 52 among 129 companies.
Against companies in the Morning class Small in the same sector in 2025: operating margin 19.3% (median 6.8%) and equity ratio 78.1% (median 44.7%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 14 MNOK | 18 MNOK |
| Operating margin | 19.3% | 6.8% |
| Profit margin | 17.4% | 5.8% |
| Return on assets | 14.4% | 11.9% |
| Equity ratio | 78.1% | 44.7% |
| Debt-to-equity | 0.28 | 1.18 |
| Current ratio | 2.90 | 1.56 |
| Revenue growth | 1.9% | 10.0% |
| Revenue per employee | 2.28 MNOK | 1.25 MNOK |
The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 69, Kalstad Maskin AS does better than 80% of companies in the Morning class Small in the same sector (129 companies) in 2025.
Score 2023–2025
- Kalstad Maskin AS
- Median: companies in the Morning class Small in the same sector
Kalstad Maskin AS has a score of 69 for 2025, rank 72 of 406 in the sector.
Strongest: Solidity: percentile 86 against peers, equity ratio 78.1% against a median of 44.7%. Liquidity: percentile 78 against peers, current ratio 2.90 against a median of 1.56.
Weakest: Growth: percentile 30 against peers, revenue growth 1.9% against a median of 10.0%.
Worth a closer look
- What lies behind weak growth, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
Kalstad Maskin AS had an operating margin of 19.3% and an equity ratio of 78.1% in 2025, and ranks 72 of 406 in Jordbruk og skogbruk.
From 2024 to 2025: the equity ratio rose from 54.7% to 78.1%.
Kalstad Maskin AS did better than the sector in 2023, the sector's weakest year.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 15 MNOK and 21 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 19 MNOK |
| EV/EBIT | 8.0 | 21 MNOK |
| P/B | 1.0 | 15 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
Worth a closer look
- positive
Upper quartile on profitability, solidity and liquidity. What sets this company apart from the rest of the sector?
Based on: Operating margin 19.3% (median 6.8%); Equity ratio 78.1% (median 44.7%); Current ratio 2.90 (median 1.56).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 8.3% 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.
See interest rates, prices and exchange rates for the sector
Data quality
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
The operating margin was 31.8% in 2023 (sector median 5.8%), and the equity ratio 59.2%. In the other years the operating margin averaged 20.0%.
The sector's weakest year was 2023, with a median operating margin of 5.8%. Based on the 7 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 68 | weight 30% |
|---|---|---|
| Solidity | 86 | weight 25% |
| Liquidity | 78 | weight 15% |
| Growth | 30 | weight 15% |
| Consistency | 70 | weight 15% |
Durability: 69 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Kalstad Maskin AS?
The operating margin was 19.3% in 2025, against a median of 6.8% among companies in the Morning class Small in the same sector. Return on assets was 14.4%.
How solid is Kalstad Maskin AS?
The equity ratio was 78.1% in 2025 (median 44.7%). Debt-to-equity was 0.28 (median 1.18).
What is the liquidity of Kalstad Maskin AS like?
The current ratio was 2.90 in 2025 (median 1.56).
How does Kalstad Maskin AS compare in Jordbruk og skogbruk?
Kalstad Maskin AS ranks 72 of 406 in Jordbruk og skogbruk for 2025. Among companies in the Morning class Small it is number 27 of 129. Revenue changed by 1.9% from the year before.
From the Central Coordinating Register
- Org. no.
- 812604112
- Legal form
- AS
- Sector
- Jordbruk og skogbruk (02.400)
- Morning company class
- Small
- Employees
- 6 registered 10 May 2026
- Founded
- 11 September 2013 13 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Vestringsvegen 352, 2653 VESTRE GAUSDAL
- Municipality
- Gausdal rank 25–40 of 40 in KOSTRA group 1
- 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
Loading roles …
Source: Central Coordinating Register, fetched 1 November 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.
Figures last fetched 29 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 80 | 60 | 69 | |
| Rank | 36 | 122 | 72 | |
| Operating margin | 31.8% | 20.6% | 19.3% | |
| Return on assets | 21.6% | 12.2% | 14.4% | |
| Equity ratio | 59.2% | 54.7% | 78.1% | |
| Current ratio | 2.48 | 3.63 | 2.90 | |
| Revenue growth | – | 1.5% | 1.9% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 13.2 MNOK | 13.4 MNOK | 13.7 MNOK |
| Operating profit | 4.2 MNOK | 2.8 MNOK | 2.6 MNOK |
| Profit before tax | 3.9 MNOK | 2.5 MNOK | 2.4 MNOK |
| Net profit | 3.1 MNOK | 2.0 MNOK | 1.9 MNOK |
| Financial expenses | 0.3 MNOK | 0.3 MNOK | 0.3 MNOK |
| Total assets | 19.7 MNOK | 23.7 MNOK | 18.9 MNOK |
| Current assets | 7.1 MNOK | 7.1 MNOK | 4.4 MNOK |
| Equity | 11.7 MNOK | 12.9 MNOK | 14.8 MNOK |
| Retained earnings | 11.6 MNOK | 12.9 MNOK | 14.8 MNOK |
| Total liabilities | 8.0 MNOK | 10.7 MNOK | 4.1 MNOK |
| Current liabilities | 2.9 MNOK | 2.0 MNOK | 1.5 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 6954670.
Further
Similar companies
- Haukali Gard AS index 69, rank 63 · compare
- Mili Skogservice AS index 69, rank 65 · compare
- Bakke Gård AS index 69, rank 69 · compare
- Røsholt Bruun AS index 69, rank 71 · compare
- Fruktgården AS index 68, rank 73 · compare