Ildfast AS
Score · fiscal year 2025
73of 100
How to read this: the company is ahead of 90 % of companies in the Morning class Medium in the same sector in 2025. What does this mean?
Rank in the Morning class Medium: 80 of 775 · What are Morning company classes?
Place in the whole sector: 249 of 2,392 · Industri
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 72 and solidity 77 out of 100 among companies in the Morning class Medium in the same sector in 2025. Methodology
Against the sector
Ildfast AS is 22 points above the median for companies in the Morning class Medium in the same sector in 2025.
Median score 51 among 775 companies.
Against companies in the Morning class Medium in the same sector in 2025: operating margin 6.0% (median 4.6%) and equity ratio 55.3% (median 37.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 132 MNOK | 164 MNOK |
| Operating margin | 6.0% | 4.6% |
| Profit margin | 5.7% | 4.4% |
| Return on assets | 23.7% | 9.6% |
| Equity ratio | 55.3% | 37.9% |
| Debt-to-equity | 0.81 | 1.56 |
| Current ratio | 1.99 | 1.51 |
| Revenue growth | 8.4% | 6.9% |
| Revenue per employee | 1.61 MNOK | 2.67 MNOK |
The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 73, Ildfast AS does better than 90% of companies in the Morning class Medium in the same sector (775 companies) in 2025.
Score 2023–2025
- Ildfast AS
- Median: companies in the Morning class Medium in the same sector
Ildfast AS has a score of 73 for 2025, rank 249 of 2,392 in the sector.
Strongest: Consistency: percentile 85 against peers. Solidity: percentile 77 against peers, equity ratio 55.3% against a median of 37.9%.
No area is clearly below its peers.
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
Ildfast AS had an operating margin of 6.0% and an equity ratio of 55.3% in 2025, and ranks 249 of 2,392 in Industri.
From 2024 to 2025: the equity ratio rose from 48.7% to 55.3%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 20 MNOK and 66 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 58 MNOK |
| EV/EBIT | 8.0 | 66 MNOK |
| P/B | 1.0 | 20 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
No rules were triggered for this year.
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 7.5% 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 −0.8%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 72 | weight 30% |
|---|---|---|
| Solidity | 77 | weight 25% |
| Liquidity | 72 | weight 15% |
| Growth | 55 | weight 15% |
| Consistency | 85 | weight 15% |
Durability: 64 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Ildfast AS?
The operating margin was 6.0% in 2025, against a median of 4.6% among companies in the Morning class Medium in the same sector. Return on assets was 23.7%.
How solid is Ildfast AS?
The equity ratio was 55.3% in 2025 (median 37.9%). Debt-to-equity was 0.81 (median 1.56).
What is the liquidity of Ildfast AS like?
The current ratio was 1.99 in 2025 (median 1.51).
How does Ildfast AS compare in Industri?
Ildfast AS ranks 249 of 2,392 in Industri for 2025. Among companies in the Morning class Medium it is number 80 of 775. Revenue changed by 8.4% from the year before.
From the Central Coordinating Register
- Org. no.
- 912024172
- Legal form
- AS
- Sector
- Industri (33.200)
- Morning company class
- Medium
- Employees
- 82 registered 10 October 2026
- Founded
- 24 May 2013 13 years in operation
- Share capital
- 0.10 MNOK
- Business address
- Verpetveien 33, 1543 VESTBY
- Municipality
- Vestby rank 4 of 38 in KOSTRA group 7
- 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
- Marius Østlie
- Chair of the board
- Dag Are Strisland
- Board member
- Marius Østlie
- Board member
- Laila Oskarsen Solberg
- Board member
- Liv Anne Drangsland Holst
- Board member
- Anders Peter Weiss
- Deputy member
- Tomasz Sawicki
- Auditor
- Lst Revisjon 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 | 52 | 66 | 73 | |
| Rank | 1,080 | 475 | 249 | |
| Operating margin | 4.3% | 5.1% | 6.0% | |
| Return on assets | 16.8% | 26.6% | 23.7% | |
| Equity ratio | 34.0% | 48.7% | 55.3% | |
| Current ratio | 1.33 | 1.63 | 1.99 | |
| Revenue growth | – | 5.2% | 8.4% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 115.7 MNOK | 121.8 MNOK | 132.0 MNOK |
| Operating profit | 5.0 MNOK | 6.3 MNOK | 7.9 MNOK |
| Profit before tax | 3.9 MNOK | 5.4 MNOK | 7.5 MNOK |
| Net profit | 3.0 MNOK | 4.2 MNOK | 5.8 MNOK |
| Financial expenses | 1.2 MNOK | 2.6 MNOK | 1.2 MNOK |
| Total assets | 30.4 MNOK | 29.9 MNOK | 36.8 MNOK |
| Current assets | 26.0 MNOK | 24.8 MNOK | 32.7 MNOK |
| Equity | 10.3 MNOK | 14.5 MNOK | 20.4 MNOK |
| Retained earnings | 10.2 MNOK | 14.4 MNOK | 20.3 MNOK |
| Total liabilities | 20.1 MNOK | 15.4 MNOK | 16.4 MNOK |
| Current liabilities | 19.5 MNOK | 15.2 MNOK | 16.4 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 7127293.
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