Kulp AS

Org. no. 913337433 · Suldal · Founded 2014 · 13 employees

Score · fiscal year 2025

78of 100

How to read this: the company is ahead of 93 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?

Rank in the Morning class Micro: 107 of 1,537 · What are Morning company classes?
Place in the whole sector: 202 of 3,346 · Overnatting og servering

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 76 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology

Against the sector

Kulp AS is 29 points above the median for companies in the Morning class Micro in the same sector in 2025.

Median score 49 among 1,533 companies.

Against companies in the Morning class Micro in the same sector in 2025: operating margin 10.1% (median 1.9%) and equity ratio 52.5% (median 17.2%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 30 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue9 MNOK5 MNOK
Operating margin 10.1% 1.9% 78 %
Profit margin 10.8% 1.4% shown, not part of the index
Return on assets 40.2% 5.9% 88 %
Equity ratio 52.5% 17.2% 80 %
Debt-to-equity 0.91 1.89 71 %
Current ratio 2.00 1.06 80 %
Revenue growth 12.0% 4.8% 68 %
Revenue per employee0.68 MNOK0.39 MNOK

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

With an index of 78, Kulp AS does better than 93% of companies in the Morning class Micro in the same sector (1,537 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Kulp AS
  • Median: companies in the Morning class Micro in the same sector
Summary analysis

Kulp AS has a score of 78 for 2025, rank 202 of 3,346 in the sector.

Strongest: Profitability: percentile 83 against peers, operating margin 10.1% against a median of 1.9%. Liquidity: percentile 80 against peers, current ratio 2.00 against a median of 1.06.

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

Kulp AS had an operating margin of 10.1% and an equity ratio of 52.5% in 2025, and ranks 202 of 3,346 in Overnatting og servering.

From 2024 to 2025: the equity ratio rose from 43.5% to 52.5% and revenue grew by 12%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 1 MNOK and 8 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.8 MNOK 10.0 8 MNOK
EV/EBIT Operating profit: 0.9 MNOK
minus net debt −1.3 MNOK
8.0 8 MNOK
P/B Equity: 1.3 MNOK 1.0 1 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 10.1% (median 1.9%); Equity ratio 52.5% (median 17.2%); Current ratio 2.00 (median 1.06).

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

Financial costs were 0.8% 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 1.2%. Based on the 9 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%
Solidity76 weight 25%
Liquidity80 weight 15%
Growth68 weight 15%
Consistency78 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 Kulp AS?

The operating margin was 10.1% in 2025, against a median of 1.9% among companies in the Morning class Micro in the same sector. Return on assets was 40.2%.

How solid is Kulp AS?

The equity ratio was 52.5% in 2025 (median 17.2%). Debt-to-equity was 0.91 (median 1.89).

What is the liquidity of Kulp AS like?

The current ratio was 2.00 in 2025 (median 1.06).

How does Kulp AS compare in Overnatting og servering?

Kulp AS ranks 202 of 3,346 in Overnatting og servering for 2025. Among companies in the Morning class Micro it is number 107 of 1,537. Revenue changed by 12.0% from the year before.

From the Central Coordinating Register

Org. no.
913337433
Legal form
AS
Sector
Overnatting og servering (56.110)
Morning company class
Micro
Employees
13 registered 10 July 2026
Founded
17 February 2014 12 years in operation
Share capital
0.03 MNOK
Business address
Sandsvegen 134, 4230 SAND (SULDAL)
Municipality
Suldal rank 2–7 of 8 in KOSTRA group 17
Latest accounts filed
2025
Website
www.kulp.as

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

Loading roles …

Source: Central Coordinating Register, fetched 1 November 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.

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Figures last fetched 30 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index807378
Rank267350202
Operating margin7.7%11.2%10.1%
Return on assets34.1%48.1%40.2%
Equity ratio50.3%43.5%52.5%
Current ratio1.741.612.00
Revenue growth–9.9%12.0%

Accounts

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

Key figure202320242025
Operating revenue7.2 MNOK7.9 MNOK8.9 MNOK
Operating profit0.6 MNOK0.9 MNOK0.9 MNOK
Profit before tax0.6 MNOK0.9 MNOK1.0 MNOK
Net profit0.4 MNOK0.7 MNOK0.8 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets1.6 MNOK1.9 MNOK2.4 MNOK
Current assets1.4 MNOK1.7 MNOK2.3 MNOK
Equity0.8 MNOK0.8 MNOK1.3 MNOK
Retained earnings0.8 MNOK0.8 MNOK1.2 MNOK
Total liabilities0.8 MNOK1.1 MNOK1.1 MNOK
Current liabilities0.8 MNOK1.1 MNOK1.1 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 6705692.