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MULTIRØR AS

Org. no. 815308522 · BÆRUM · Founded 2015

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Score · fiscal year 2023

8of 100

How to read this: the company is ahead of 5 % of small companies in the same sector in 2023. What does this mean?

Rank: 27,565 of 28,994 · Bygg og anlegg

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 9 and solidity 0 out of 100 among small companies in the same sector in 2023. Methodology

Against the sector

MULTIRØR AS is 42 points below the median for small companies in the same sector in 2023.

Median score 50 among 27,966 companies.

Against small companies in the same sector in 2023: operating margin −16.4% (median 4.1%) and equity ratio −43.7% (median 36.8%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue2 MNOK3 MNOK
Operating margin −16.4% 4.1% 11 %
Profit margin −18.0% 3.8% shown, not part of the index
Return on assets −48.9% 5.9% 7 %
Equity ratio −43.7% 36.8% 8 %
Debt-to-equity – 1.24 not compared
Current ratio 0.64 1.44 16 %
Revenue growth – 2.6% not compared

The median and “ahead of” refer to small companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 8, MULTIRØR AS does better than 5% of small companies in the same sector (28,016 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • MULTIRØR AS
  • Median: small companies in the same sector
Analysis · 2023

What the numbers say

MULTIRØR AS had an operating margin of −16.4% and an equity ratio of −43.7% in 2023, and ranks 27,565 of 28,994 in Bygg og anlegg.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

MethodInputMultipleEstimate
P/E Net profit: −0.4 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −0.4 MNOK 8.0 not meaningful
P/B Equity: −0.3 MNOK 1.0 not meaningful

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 · 2023

Worth a closer look

  • critical

    Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?

    Based on: Equity ratio −43.7% (median 36.8%).

  • watch

    Consider strengthening liquidity: current liabilities are 1.6 times current assets.

    Based on: Current ratio 0.64 (median 1.44).

  • watch

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin −18.0% (median 3.8%).

  • watch

    The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?

    Based on: Operating margin −16.4% (median 4.1%).

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

Financial costs were 4.0% of the debt in 2023. The policy rate averaged 3.54 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.

Data quality

  • critical Negative equity
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 2.5%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability9 weight 30%
Solidity0 weight 25%
Liquidity16 weight 15%
Growth– no data, left out
Consistency11 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2023

Questions and answers

How profitable is MULTIRØR AS?

The operating margin was −16.4% in 2023, against a median of 4.1% among small companies in the same sector. Return on assets was −48.9%. The company made a loss before tax.

How solid is MULTIRØR AS?

The equity ratio was −43.7% in 2023 (median 36.8%). Equity is negative, so liabilities exceed assets.

What is the liquidity of MULTIRØR AS like?

The current ratio was 0.64 in 2023 (median 1.44). Current assets did not cover current liabilities.

How does MULTIRØR AS compare in Bygg og anlegg?

MULTIRØR AS ranks 27,565 of 28,994 in Bygg og anlegg for 2023. Among companies of the same size (small companies) it ranks 26,562 of 28,016.

From the Central Coordinating Register

Org. no.
815308522
Legal form
AS
Sector
Bygg og anlegg (43.221)
Size tier
small
Employees
0–4 (not registered)
Founded
15 April 2015 11 years in operation
Share capital
0.03 MNOK
Business address
Bruksveien 52, 1367 SNARØYA (BÆRUM)
Municipality
Bærum rank 1–5 of 11 in KOSTRA group 12
Audit
Audit opted out from 27 April 2015
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
Stian Ingier Bråthen
Chair of the board
Stian Ingier Bråthen
Accountant
HASLESTAD REGNSKAP 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 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index81814
Rank27,56528,26330,483
Operating margin−16.4%−0.1%−9.1%
Return on assets−48.9%0.6%−43.2%
Equity ratio−43.7%−65.8%−162.6%
Current ratio0.640.550.09
Revenue growth–−21.1%2.8%

Accounts

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

Key figure202320242025
Operating revenue2.2 MNOK1.7 MNOK1.8 MNOK
Operating profit−0.4 MNOK0.0 MNOK−0.2 MNOK
Profit before tax−0.4 MNOK−0.1 MNOK−0.2 MNOK
Net profit−0.4 MNOK−0.1 MNOK−0.2 MNOK
Financial expenses0.0 MNOK0.1 MNOK0.1 MNOK
Total assets0.7 MNOK0.6 MNOK0.4 MNOK
Current assets0.2 MNOK0.1 MNOK0.0 MNOK
Equity−0.3 MNOK−0.4 MNOK−0.6 MNOK
Retained earnings−0.3 MNOK−0.4 MNOK−0.6 MNOK
Total liabilities1.0 MNOK1.0 MNOK0.9 MNOK
Current liabilities0.3 MNOK0.3 MNOK0.4 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 4841267.

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