PERFORM AS

Org. no. 820198212 · RINGERIKE · Founded 2017

Score · fiscal year 2023

39of 100

How to read this: the company is ahead of 33 % of small companies in the same sector in 2023. What does this mean?

Rank: 23,314 of 34,736 · Handel

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 13 and solidity 62 out of 100 among small companies in the same sector in 2023. Methodology

Against the sector

PERFORM AS is 11 points below the median for small companies in the same sector in 2023.

Median score 50 among 32,558 companies.

Against small companies in the same sector in 2023: operating margin −30.2% (median 2.5%) and equity ratio 58.3% (median 39.1%).

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 revenue0 MNOK4 MNOK
Operating margin −30.2% 2.5% 10 %
Profit margin −37.4% 2.2% shown, not part of the index
Return on assets −14.3% 4.0% 17 %
Equity ratio 58.3% 39.1% 65 %
Debt-to-equity 0.71 1.00 58 %
Current ratio 0.73 1.70 16 %
Revenue growth – 0.0% 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 39, PERFORM AS does better than 33% of small companies in the same sector (32,642 companies) in 2023.

Over time

Score 2023–2025

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

What the numbers say

PERFORM AS had an operating margin of −30.2% and an equity ratio of 58.3% in 2023, and ranks 23,314 of 34,736 in Handel.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

One method gives a figure: 0 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −0.1 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −0.1 MNOK 8.0 not meaningful
P/B Equity: 0.3 MNOK 1.0 0 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 · 2023

Worth a closer look

  • watch

    Consider strengthening liquidity: current liabilities are 1.4 times current assets.

    Based on: Current ratio 0.73 (median 1.70).

  • watch

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

    Based on: Profit margin −37.4% (median 2.2%).

  • 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 −30.2% (median 2.5%).

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

Financial costs were 8.5% 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

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 · 2023

What the score is made of

Profitability13 weight 30%
Solidity62 weight 25%
Liquidity16 weight 15%
Growth– no data, left out
Consistency77 weight 15%

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

2023

Questions and answers

How profitable is PERFORM AS?

The operating margin was −30.2% in 2023, against a median of 2.5% among small companies in the same sector. Return on assets was −14.3%. The company made a loss before tax.

How solid is PERFORM AS?

The equity ratio was 58.3% in 2023 (median 39.1%). Debt-to-equity was 0.71 (median 1.00).

What is the liquidity of PERFORM AS like?

The current ratio was 0.73 in 2023 (median 1.70). Current assets did not cover current liabilities.

How does PERFORM AS compare in Handel?

PERFORM AS ranks 23,314 of 34,736 in Handel for 2023. Among companies of the same size (small companies) it ranks 21,843 of 32,642.

From the Central Coordinating Register

Org. no.
820198212
Legal form
AS
Sector
Handel (47.810)
Size tier
small
Employees
0–4 (not registered)
Founded
27 November 2017 8 years in operation
Share capital
0.03 MNOK
Business address
Hensmoveien 26, 3516 HØNEFOSS (RINGERIKE)
Municipality
Ringerike rank 6–11 of 13 in KOSTRA group 10
Audit
Audit opted out from 5 January 2018
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
Svenn Roger Odden
Chair of the board
Svenn Roger Odden

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.

Report an issue

Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index395878
Rank23,31412,8271,778
Operating margin−30.2%6.2%10.4%
Return on assets−14.3%6.0%26.3%
Equity ratio58.3%56.9%77.6%
Current ratio0.730.713.77
Revenue growth–109.3%347.5%

Accounts

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

Key figure202320242025
Operating revenue0.3 MNOK0.5 MNOK2.4 MNOK
Operating profit−0.1 MNOK0.0 MNOK0.2 MNOK
Profit before tax−0.1 MNOK0.0 MNOK0.2 MNOK
Net profit−0.1 MNOK0.0 MNOK0.2 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets0.5 MNOK0.5 MNOK0.9 MNOK
Current assets0.1 MNOK0.1 MNOK0.5 MNOK
Equity0.3 MNOK0.3 MNOK0.7 MNOK
Retained earnings0.3 MNOK0.3 MNOK0.5 MNOK
Total liabilities0.2 MNOK0.2 MNOK0.2 MNOK
Current liabilities0.1 MNOK0.2 MNOK0.1 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5272299.

Similar companies