Neptus AS

Org. no. 912334465 · Asker · Founded 1988

Score · fiscal year 2025

79of 100

How to read this: the company is ahead of 96 % of companies in the Morning class Small in the same sector in 2025. What does this mean?

Rank in the Morning class Small: 279 of 7,414 · What are Morning company classes?
Place in the whole sector: 975 of 22,952 · Handel

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 83 and solidity 87 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology

Against the sector

Neptus AS is 28 points above the median for companies in the Morning class Small in the same sector in 2025.

Median score 51 among 7,414 companies.

Against companies in the Morning class Small in the same sector in 2025: operating margin 8.7% (median 3.4%) and equity ratio 71.1% (median 36.3%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue30 MNOK20 MNOK
Operating margin 8.7% 3.4% 78 %
Profit margin 8.3% 3.0% shown, not part of the index
Return on assets 32.4% 10.0% 88 %
Equity ratio 71.1% 36.3% 87 %
Debt-to-equity 0.41 1.51 86 %
Current ratio 3.43 1.73 83 %
Revenue growth 6.2% 5.7% 52 %

The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 79, Neptus AS does better than 96% of companies in the Morning class Small in the same sector (7,414 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Neptus AS
  • Median: companies in the Morning class Small in the same sector
Summary analysis

Neptus AS has a score of 79 for 2025, rank 975 of 22,952 in the sector.

Strongest: Solidity: percentile 87 against peers, equity ratio 71.1% against a median of 36.3%. Profitability: percentile 83 against peers, operating margin 8.7% against a median of 3.4%.

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

Analysis · 2025

What the numbers say

Neptus AS had an operating margin of 8.7% and an equity ratio of 71.1% in 2025, and ranks 975 of 22,952 in Handel.

From 2024 to 2025: the equity ratio rose from 55.6% to 71.1% and the operating margin fell from 10.9% to 8.7%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 6 MNOK and 22 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 1.8 MNOK 10.0 18 MNOK
EV/EBIT Operating profit: 2.6 MNOK
minus net debt −0.8 MNOK
8.0 22 MNOK
P/B Equity: 5.8 MNOK 1.0 6 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 · 2025

Worth a closer look

  • positive

    Upper quartile on profitability, solidity and liquidity. What sets this company apart from the rest of the sector?

    Based on: Operating margin 8.7% (median 3.4%); Equity ratio 71.1% (median 36.3%); Current ratio 3.43 (median 1.73).

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

Financial costs were 8.5% 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.

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 1.5%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability83 weight 30%
Solidity87 weight 25%
Liquidity83 weight 15%
Growth52 weight 15%
Consistency79 weight 15%

Durability: 77 (average over 3 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is Neptus AS?

The operating margin was 8.7% in 2025, against a median of 3.4% among companies in the Morning class Small in the same sector. Return on assets was 32.4%.

How solid is Neptus AS?

The equity ratio was 71.1% in 2025 (median 36.3%). Debt-to-equity was 0.41 (median 1.51).

What is the liquidity of Neptus AS like?

The current ratio was 3.43 in 2025 (median 1.73).

How does Neptus AS compare in Handel?

Neptus AS ranks 975 of 22,952 in Handel for 2025. Among companies in the Morning class Small it is number 279 of 7,414. Revenue changed by 6.2% from the year before.

From the Central Coordinating Register

Org. no.
912334465
Legal form
AS
Sector
Handel (46.640)
Morning company class
Small
Employees
0–4 (not registered)
Founded
19 May 1988 38 years in operation
Share capital
0.10 MNOK
Business address
Vekstveien 1, 3474 ÅROS (ASKER)
Municipality
Asker rank 2 of 11 in KOSTRA group 12
Latest accounts filed
2025
Website
www.neptus.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
Lars Ryde
Chair of the board
Morten Sindre Lillehagen
Board member
Jarle Hansen
Board member
Einar Schultz
Deputy member
Linn Gaustadnes Hansen
Auditor
REVISORDAMENE AVD. Rosenholm AS
Accountant
Økonomisenteret Asker 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.

Report an issue

Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index836879
Rank1,4523,823975
Operating margin11.0%10.9%8.7%
Return on assets35.6%31.4%32.4%
Equity ratio61.6%55.6%71.1%
Current ratio2.602.233.43
Revenue growth–0.1%6.2%

Accounts

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

Key figure202320242025
Operating revenue28.1 MNOK28.1 MNOK29.9 MNOK
Operating profit3.1 MNOK3.1 MNOK2.6 MNOK
Profit before tax3.0 MNOK3.0 MNOK2.5 MNOK
Net profit2.3 MNOK2.3 MNOK1.8 MNOK
Financial expenses0.2 MNOK0.2 MNOK0.2 MNOK
Total assets9.1 MNOK10.0 MNOK8.2 MNOK
Current assets9.1 MNOK9.9 MNOK8.1 MNOK
Equity5.6 MNOK5.5 MNOK5.8 MNOK
Retained earnings5.5 MNOK5.4 MNOK5.7 MNOK
Total liabilities3.5 MNOK4.4 MNOK2.4 MNOK
Current liabilities3.5 MNOK4.4 MNOK2.4 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6662690.