RUSTAD ENERGI AS
Score · fiscal year 2024
41of 100
How to read this: the company is ahead of 35 % of small companies in the same sector in 2024. What does this mean?
Rank: 674 of 1,020 · Kraft og energi
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 65 and solidity 9 out of 100 among small companies in the same sector in 2024. Methodology
Against the sector
RUSTAD ENERGI AS is 9 points below the median for small companies in the same sector in 2024.
Median score 50 among 825 companies.
Against small companies in the same sector in 2024: operating margin 24.4% (median 6.7%) and equity ratio 0.4% (median 36.7%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 1 MNOK | 3 MNOK |
| Operating margin | 24.4% | 6.7% |
| Profit margin | −50.1% | 3.1% |
| Return on assets | 2.5% | 0.2% |
| Equity ratio | 0.4% | 36.7% |
| Debt-to-equity | 228.43 | 0.96 |
| Current ratio | 0.07 | 1.57 |
| Revenue growth | 52.9% | −6.7% |
The median and “ahead of” refer to small companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 41, RUSTAD ENERGI AS does better than 35% of small companies in the same sector (827 companies) in 2024.
Score 2023–2025
- RUSTAD ENERGI AS
- Median: small companies in the same sector
What the numbers say
RUSTAD ENERGI AS had an operating margin of 24.4% and an equity ratio of 0.4% in 2024, and ranks 674 of 1,020 in Kraft og energi.
From 2023 to 2024: the operating margin rose from −32.5% to 24.4% and revenue grew by 53%.
This text is generated automatically from the 2024 accounts.
Three simple methods
One method gives a figure: 0 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | debt above value |
| P/B | 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
Worth a closer look
- critical
Consider strengthening liquidity: current liabilities are 15.1 times current assets.
Based on: Current ratio 0.07 (median 1.57).
- watch
The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?
Based on: Equity ratio 0.4% (median 36.7%).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −50.1% (median 3.1%).
- watch
Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?
Based on: Revenue growth 52.9% (median −6.7%); Current ratio 0.07 (median 1.57).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
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 0.3%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 65 | weight 30% |
|---|---|---|
| Solidity | 9 | weight 25% |
| Liquidity | 8 | weight 15% |
| Growth | 87 | weight 15% |
| Consistency | 32 | weight 15% |
Durability: 33 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is RUSTAD ENERGI AS?
The operating margin was 24.4% in 2024, against a median of 6.7% among small companies in the same sector. Return on assets was 2.5%. The company made a loss before tax.
How solid is RUSTAD ENERGI AS?
The equity ratio was 0.4% in 2024 (median 36.7%). Debt-to-equity was 228.43 (median 0.96).
What is the liquidity of RUSTAD ENERGI AS like?
The current ratio was 0.07 in 2024 (median 1.57). Current assets did not cover current liabilities.
How does RUSTAD ENERGI AS compare in Kraft og energi?
RUSTAD ENERGI AS ranks 674 of 1,020 in Kraft og energi for 2024. Among companies of the same size (small companies) it ranks 542 of 827. Revenue changed by 52.9% from the year before.
From the Central Coordinating Register
- Org. no.
- 891671172
- Legal form
- AS
- Sector
- Kraft og energi (35.121)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 20 August 2007 19 years in operation
- Share capital
- 0.10 MNOK
- Business address
- 7898 LIMINGEN (RØYRVIK)
- Municipality
- Raarvihke rank 4–8 of 8 in KOSTRA group 16
- Audit
- Audit opted out from 15 December 2011
- 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
- Einar Sofienlund
- Chair of the board
- Einar Sofienlund
- Board member
- Per Arne Rustad
- Board member
- Anne Kari Helene Rustad
- Accountant
- SPAREBANK 1 REGNSKAPSHUSET SMN 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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 25 | 41 | 14 | |
| Rank | 804 | 674 | 1,037 | |
| Operating margin | −32.5% | 24.4% | −82.9% | |
| Return on assets | −2.1% | 2.5% | −2.6% | |
| Equity ratio | 4.3% | 0.4% | −9.0% | |
| Current ratio | 0.18 | 0.07 | 0.19 | |
| Revenue growth | – | 52.9% | −69.8% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.4 MNOK | 0.6 MNOK | 0.2 MNOK |
| Operating profit | −0.1 MNOK | 0.2 MNOK | −0.2 MNOK |
| Profit before tax | −0.6 MNOK | −0.3 MNOK | −0.6 MNOK |
| Net profit | −0.5 MNOK | −0.2 MNOK | −0.6 MNOK |
| Financial expenses | 0.5 MNOK | 0.5 MNOK | 0.5 MNOK |
| Total assets | 6.2 MNOK | 6.1 MNOK | 6.0 MNOK |
| Current assets | 0.1 MNOK | 0.0 MNOK | 0.1 MNOK |
| Equity | 0.3 MNOK | 0.0 MNOK | −0.5 MNOK |
| Retained earnings | 0.2 MNOK | −0.1 MNOK | −0.6 MNOK |
| Total liabilities | 6.0 MNOK | 6.0 MNOK | 6.6 MNOK |
| Current liabilities | 0.4 MNOK | 0.5 MNOK | 0.8 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6271449.
Further
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