PANCOM AS
Score · fiscal year 2025
37of 100
How to read this: the company is ahead of 29 % of small companies in the same sector in 2025. What does this mean?
Rank: 28,161 of 38,670 · Handel
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 24 and solidity 71 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
PANCOM AS is 13 points below the median for small companies in the same sector in 2025.
Median score 50 among 36,110 companies.
Against small companies in the same sector in 2025: operating margin −170.3% (median 2.5%) and equity ratio 70.3% (median 38.3%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 5 MNOK | 3 MNOK |
| Operating margin | −170.3% | 2.5% |
| Profit margin | −518.4% | 2.2% |
| Return on assets | 1.3% | 4.0% |
| Equity ratio | 70.3% | 38.3% |
| Debt-to-equity | 0.42 | 0.99 |
| Current ratio | 0.52 | 1.70 |
| Revenue growth | −10.1% | 3.5% |
The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 37, PANCOM AS does better than 29% of small companies in the same sector (36,579 companies) in 2025.
Score 2023–2025
- PANCOM AS
- Median: small companies in the same sector
PANCOM AS has a score of 37 for 2025, rank 28,161 of 38,670 in the sector.
Strongest: Solidity: percentile 71 against peers, equity ratio 70.3% against a median of 38.3%.
Weakest: Liquidity: percentile 13 against peers, current ratio 0.52 against a median of 1.70. Profitability: percentile 24 against peers, operating margin −170.3% against a median of 2.5%.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 1.9 times current assets. Based on: current ratio 0.52 (median 1.70).
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −518.4% (median 2.2%).
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin −170.3% (median 2.5%).
- What lies behind weak profitability, 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
PANCOM AS had an operating margin of −170.3% and an equity ratio of 70.3% in 2025, and ranks 28,161 of 38,670 in Handel.
From 2024 to 2025: the operating margin fell from −166.3% to −170.3% and revenue fell by 10%.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 290 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 290 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
- watch
Consider strengthening liquidity: current liabilities are 1.9 times current assets.
Based on: Current ratio 0.52 (median 1.70).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −518.4% (median 2.2%).
- watch
The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin −170.3% (median 2.5%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 24.3% 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.
Data quality
- watch Extreme margin: check the figures
Scenario analysis: the sector's weakest year
We have no accounts for 2017, the sector's weakest year, for this company.
The sector's weakest year was 2017, with a median operating margin of −65.6%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 24 | weight 30% |
|---|---|---|
| Solidity | 71 | weight 25% |
| Liquidity | 13 | weight 15% |
| Growth | 25 | weight 15% |
| Consistency | 41 | weight 15% |
Durability: 40 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is PANCOM AS?
The operating margin was −170.3% in 2025, against a median of 2.5% among small companies in the same sector. Return on assets was 1.3%. The company made a loss before tax.
How solid is PANCOM AS?
The equity ratio was 70.3% in 2025 (median 38.3%). Debt-to-equity was 0.42 (median 0.99).
What is the liquidity of PANCOM AS like?
The current ratio was 0.52 in 2025 (median 1.70). Current assets did not cover current liabilities.
How does PANCOM AS compare in Handel?
PANCOM AS ranks 28,161 of 38,670 in Handel for 2025. Among companies of the same size (small companies) it ranks 26,148 of 36,579. Revenue changed by −10.1% from the year before.
Group accounts · 2025
14 of 100
Rank 1263 of 1300 groups with group accounts. Groups are ranked only against each other, not against single companies.
- Operating revenue, group
- 278 MNOK
- Operating profit, group
- −28 MNOK
- Profit before tax, group
- −55 MNOK
- Total assets, group
- 1,127 MNOK
- Equity, group
- 135 MNOK
| Key figure | The group | The company alone (2025) |
|---|---|---|
| Operating margin | −10.0% | −170.3% |
| Return on assets | −2.4% | 1.3% |
| Equity ratio | 12.0% | 70.3% |
| Current ratio | 1.40 | 0.52 |
| Revenue growth | −20.0% | −10.1% |
Group index in earlier years: 2023: 35 (1241 of 1687), 2024: 19 (1272 of 1345).
Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.
Source: Brønnøysund Register Centre, group accounts 2025 (open data, NLOD 2.0).
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 913644573
- Legal form
- AS
- Sector
- Handel (46.900)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 1 April 2014 12 years in operation
- Share capital
- 3.72 MNOK
- Business address
- Skomværgata 7, 3921 PORSGRUNN
- Municipality
- Porsgrunn rank 5–12 of 13 in KOSTRA group 10
- 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
- Frederic Kristoffersen
- Chair of the board
- Arve Andersson
- Board member
- Frederic Kristoffersen
- Board member
- Stian Hvalen Brekke
- Board member
- Fred-Arne Gade
- Board member
- Anne Lise Meyer
- Board member
- Øystein Bårvåg Grini
- Auditor
- CEDRA NORGE AS
- Accountant
- AIDER 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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 44 | 39 | 37 | |
| Rank | 20,782 | 26,043 | 28,161 | |
| Operating margin | −106.5% | −166.3% | −170.3% | |
| Return on assets | 6.6% | 0.8% | 1.3% | |
| Equity ratio | 65.4% | 75.3% | 70.3% | |
| Current ratio | 0.54 | 0.65 | 0.52 | |
| Revenue growth | – | −38.6% | −10.1% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 8.5 MNOK | 5.2 MNOK | 4.7 MNOK |
| Operating profit | −9.0 MNOK | −8.7 MNOK | −8.0 MNOK |
| Profit before tax | 16.4 MNOK | −9.8 MNOK | −24.2 MNOK |
| Net profit | 17.2 MNOK | −8.9 MNOK | −23.7 MNOK |
| Financial expenses | 8.9 MNOK | 12.7 MNOK | 29.8 MNOK |
| Total assets | 386.3 MNOK | 376.7 MNOK | 412.6 MNOK |
| Current assets | 58.4 MNOK | 47.2 MNOK | 53.4 MNOK |
| Equity | 252.7 MNOK | 283.8 MNOK | 290.1 MNOK |
| Retained earnings | 124.5 MNOK | 115.6 MNOK | 91.8 MNOK |
| Total liabilities | 133.5 MNOK | 92.9 MNOK | 122.6 MNOK |
| Current liabilities | 108.2 MNOK | 72.5 MNOK | 102.4 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7111389.
Further
Similar companies
- TR HOLDING AS index 37, rank 28,156 · compare
- FLYVEFISKENS EFTF. AS index 37, rank 28,157 · compare
- BO BEDRE AS index 37, rank 28,158 · compare
- LUONG DAHLBERG VALUE TEAM LDVT AS index 37, rank 28,159 · compare
- SKROGSTAD HOLDING 2 AS index 37, rank 28,160 · compare