Select Service Partner AS
Score · fiscal year 2025
27of 100
How to read this: the company is ahead of 7 % of companies in the Morning class Large in the same sector in 2025. What does this mean?
Rank in the Morning class Large: 15 of 16 · What are Morning company classes?
Place in the whole sector: 1,984 of 2,407 · Overnatting og servering
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 47 and solidity 7 out of 100 among companies in the Morning class Large in the same sector in 2025. Methodology
Against the sector
Select Service Partner AS is 19 points below the median for companies in the Morning class Large in the same sector in 2025.
Median score 46 among 16 companies.
Against companies in the Morning class Large in the same sector in 2025: operating margin 3.8% (median 4.7%) and equity ratio 4.1% (median 27.5%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 2,154 MNOK | 767 MNOK |
| Operating margin | 3.8% | 4.7% |
| Profit margin | 3.1% | 6.4% |
| Return on assets | 13.3% | 13.5% |
| Equity ratio | 4.1% | 27.5% |
| Debt-to-equity | 23.36 | 2.64 |
| Current ratio | 0.47 | 0.86 |
| Revenue growth | 4.3% | 5.0% |
| Revenue per employee | 0.95 MNOK | 1.35 MNOK |
The median and “ahead of” refer to companies in the Morning class Large in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 27, Select Service Partner AS does better than 7% of companies in the Morning class Large in the same sector (16 companies) in 2025.
Score 2023–2025
- Select Service Partner AS
- Median: companies in the Morning class Large in the same sector
Select Service Partner AS has a score of 27 for 2025, rank 1,984 of 2,407 in the sector.
Strongest: Profitability: percentile 47 against peers, operating margin 3.8% against a median of 4.7%.
Weakest: Solidity: percentile 7 against peers, equity ratio 4.1% against a median of 27.5%. Liquidity: percentile 13 against peers, current ratio 0.47 against a median of 0.86.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 2.1 times current assets. Based on: current ratio 0.47 (median 0.86).
- The equity ratio is very low. Could the company absorb a bad year, and does it need more equity? Based on: equity ratio 4.1% (median 27.5%).
- What lies behind weak solidity, 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
Select Service Partner AS had an operating margin of 3.8% and an equity ratio of 4.1% in 2025, and ranks 1,984 of 2,407 in Overnatting og servering.
From 2024 to 2025: went from a loss to a profit before tax and the operating margin rose from 0.3% to 3.8%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 27 MNOK and 664 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 471 MNOK |
| EV/EBIT | 8.0 | 664 MNOK |
| P/B | 1.0 | 27 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
- critical
Consider strengthening liquidity: current liabilities are 2.1 times current assets.
Based on: Current ratio 0.47 (median 0.86).
- watch
The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?
Based on: Equity ratio 4.1% (median 27.5%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 3.1% 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
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 1.3%. Based on the 9 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 47 | weight 30% |
|---|---|---|
| Solidity | 7 | weight 25% |
| Liquidity | 13 | weight 15% |
| Growth | 40 | weight 15% |
| Consistency | 24 | weight 15% |
Durability: 23 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Select Service Partner AS?
The operating margin was 3.8% in 2025, against a median of 4.7% among companies in the Morning class Large in the same sector. Return on assets was 13.3%.
How solid is Select Service Partner AS?
The equity ratio was 4.1% in 2025 (median 27.5%). Debt-to-equity was 23.36 (median 2.64).
What is the liquidity of Select Service Partner AS like?
The current ratio was 0.47 in 2025 (median 0.86). Current assets did not cover current liabilities.
How does Select Service Partner AS compare in Overnatting og servering?
Select Service Partner AS ranks 1,984 of 2,407 in Overnatting og servering for 2025. Among companies in the Morning class Large it is number 15 of 16. Revenue changed by 4.3% from the year before.
Group accounts
The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.
Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.
We do not show the group structure, because open data does not say who owns whom.
Public contracts
- Contracts awarded since 2024
- 4
- Total awarded value since 2024
- 12.0 MNOK
- 3 contracts without a stated value are not in the total.
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 21 November 2024 | Avinor AS | Stavanger lufthavn: Leie av areal for utøvelse av forretningsvirksomhet innenfor servering | value not stated |
| 21 November 2024 | Avinor AS | Bodø lufthavn: Leie av areal for utøvelse av forretningsvirksomhet innenfor servering og kiosk | value not stated |
| 20 November 2024 | Avinor AS | Oslo lufthavn: Leie av areal for utøvelse av forretningsvirksomhet innenfor servering | value not stated |
| 12 April 2024 | Vygruppen AS | Serveringstjenester i tog - drift og vedlikehold av automater | 12.0 MNOK |
| 23 May 2018 | Avinor AS | 186854 - Bodø lufthavn - Bemanning og drift av Avinors Travel value butikk | value not stated |
Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.
Source: Doffin (DFØ), fetched 28 October 2026. Winners are matched on organisation number.
Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0
From the Central Coordinating Register
- Org. no.
- 837657652
- Legal form
- AS · part of a group
- Sector
- Overnatting og servering (56.110)
- Morning company class
- Large
- Employees
- 2,269 registered 10 October 2026
- Founded
- 1 October 1985 41 years in operation
- Share capital
- 0.90 MNOK
- Business address
- Henrik Ibsens veg 4, 2060 GARDERMOEN (ULLENSAKER)
- Municipality
- Ullensaker rank 4–12 of 13 in KOSTRA group 10
- Latest accounts filed
- 2025
- Website
- www.ssp.no
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 Lund
- Chair of the board
- Satya Christophe Henri Joseph Menard
- Board member
- Morten Solberg Nilsen
- Board member
- Aleksander Knutsen
- Board member
- Christer Martinsen
- Board member
- Elena Katariina Heiska
- Deputy member
- Kjersti Lund Berg
- Deputy member
- Caroline Totland
- Deputy member
- Anita Ingegerd Malmkvist
- Deputy member
- Tonje Gulbrandsen
- Auditor
- Grant Thornton Norway AS
- Accountant
- Tmf Norway AS
Source: Central Coordinating Register, fetched 31 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.
Figures last fetched 30 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 27 | 14 | 27 | |
| Rank | 1,767 | 2,226 | 1,984 | |
| Operating margin | 4.1% | 0.3% | 3.8% | |
| Return on assets | 12.6% | 1.0% | 13.3% | |
| Equity ratio | 12.1% | 6.7% | 4.1% | |
| Current ratio | 0.58 | 0.55 | 0.47 | |
| Revenue growth | – | 4.8% | 4.3% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 1,971.8 MNOK | 2,066.1 MNOK | 2,154.5 MNOK |
| Operating profit | 80.1 MNOK | 5.3 MNOK | 82.6 MNOK |
| Profit before tax | 74.1 MNOK | −10.5 MNOK | 67.4 MNOK |
| Net profit | 52.9 MNOK | −13.3 MNOK | 47.1 MNOK |
| Financial expenses | 7.9 MNOK | 17.2 MNOK | 19.3 MNOK |
| Total assets | 651.4 MNOK | 669.8 MNOK | 651.8 MNOK |
| Current assets | 332.1 MNOK | 344.3 MNOK | 294.7 MNOK |
| Equity | 78.5 MNOK | 44.9 MNOK | 26.8 MNOK |
| Retained earnings | −49.7 MNOK | −83.3 MNOK | −101.4 MNOK |
| Total liabilities | 572.9 MNOK | 625.0 MNOK | 625.0 MNOK |
| Current liabilities | 572.9 MNOK | 625.0 MNOK | 625.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 7031294.
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