ZONE SECURITY AS
Score · fiscal year 2025
44of 100
How to read this: the company is ahead of 36 % of companies in the Morning class Medium in the same sector in 2025. What does this mean?
Rank in the Morning class Medium: 160 of 250 · What are Morning company classes?
Place in the whole sector: 1,004 of 1,636 · Forretningsmessig tjenesteyting
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 47 and solidity 0 out of 100 among companies in the Morning class Medium in the same sector in 2025. Methodology
Against the sector
ZONE SECURITY AS is 6 points below the median for companies in the Morning class Medium in the same sector in 2025.
Median score 50 among 250 companies.
Against companies in the Morning class Medium in the same sector in 2025: operating margin 3.3% (median 4.4%) and equity ratio −11.2% (median 19.8%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 75 MNOK | 126 MNOK |
| Operating margin | 3.3% | 4.4% |
| Profit margin | 2.9% | 4.4% |
| Return on assets | 12.4% | 10.7% |
| Equity ratio | −11.2% | 19.8% |
| Debt-to-equity | – | 3.84 |
| Current ratio | 1.22 | 1.12 |
| Revenue growth | 30.9% | 9.0% |
| Revenue per employee | 0.52 MNOK | 0.91 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 44, ZONE SECURITY AS does better than 36% of companies in the Morning class Medium in the same sector (250 companies) in 2025.
Score 2023–2025
- ZONE SECURITY AS
- Median: companies in the Morning class Medium in the same sector
ZONE SECURITY AS has a score of 44 for 2025, rank 1,004 of 1,636 in the sector.
Strongest: Growth: percentile 77 against peers, revenue growth 30.9% against a median of 9.0%. Consistency: percentile 62 against peers.
Weakest: Solidity: percentile 0 against peers, equity ratio −11.2% against a median of 19.8%.
Worth a closer look
- Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern? Based on: equity ratio −11.2% (median 19.8%).
- What lies behind weak solidity, 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
ZONE SECURITY AS had an operating margin of 3.3% and an equity ratio of −11.2% in 2025, and ranks 1,004 of 1,636 in Forretningsmessig tjenesteyting.
From 2024 to 2025: the equity ratio rose from −29.1% to −11.2% and revenue grew by 31%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 22 MNOK and 25 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 22 MNOK |
| EV/EBIT | 8.0 | 25 MNOK |
| P/B | 1.0 | not meaningful |
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
Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?
Based on: Equity ratio −11.2% (median 19.8%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 1.6% 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
- critical Negative equity
Scenario analysis: the sector's weakest year
We have no accounts for 2026, the sector's weakest year, for this company.
The sector's weakest year was 2026, with a median operating margin of −14.5%. Based on the 9 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 47 | weight 30% |
|---|---|---|
| Solidity | 0 | weight 25% |
| Liquidity | 61 | weight 15% |
| Growth | 77 | weight 15% |
| Consistency | 62 | weight 15% |
Durability: 34 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is ZONE SECURITY AS?
The operating margin was 3.3% in 2025, against a median of 4.4% among companies in the Morning class Medium in the same sector. Return on assets was 12.4%.
How solid is ZONE SECURITY AS?
The equity ratio was −11.2% in 2025 (median 19.8%). Equity is negative, so liabilities exceed assets.
What is the liquidity of ZONE SECURITY AS like?
The current ratio was 1.22 in 2025 (median 1.12).
How does ZONE SECURITY AS compare in Forretningsmessig tjenesteyting?
ZONE SECURITY AS ranks 1,004 of 1,636 in Forretningsmessig tjenesteyting for 2025. Among companies in the Morning class Medium it is number 160 of 250. Revenue changed by 30.9% from the year before.
Public contracts
- Contracts awarded since 2024
- 2
- Total awarded value since 2024
- 22.5 MNOK
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 24 February 2026 | Oslo kommune v/ Velferdsetaten | DPS - Kjøp av vektertjenester til Velferdsetaten v/Storbytjenesteavdelingen | 22.5 MNOK |
| 22 May 2025 | Oslo kommune v/ Konsernenheten | Vektertjenester Russens Oslomesterskap 26-28.5.25 | 0.0 MNOK |
| 22 August 2022 | Oslo kommune Konsernenheten | VEL - Vektertjenester til Prindsen mottakssenter | value not stated |
| 10 November 2021 | Oslo kommune Konsernenheten | VEL - Anskaffelse av vektertjeneste i Storgata og tilgrensende gater | value not stated |
| 6 August 2019 | Oslo kommune | Vektertjeneste Tannlegevakten | value not stated |
| 8 May 2019 | Oslo kommune v/Utdanningsetaten | UDE - Kjøp av vektertjenester ved privatisteksamen | value not stated |
| 25 January 2019 | Ski kommune | Vektertjenester for Follo LMS | value not stated |
Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.
Source: Doffin (DFØ), fetched 28 October 2026. Winners are matched on organisation number.
Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0
From the Central Coordinating Register
- Org. no.
- 913936744
- Legal form
- AS
- Sector
- Forretningsmessig tjenesteyting (80.010)
- Morning company class
- Medium
- Employees
- 146 registered 10 October 2026
- Founded
- 26 June 2014 12 years in operation
- Share capital
- 2.12 MNOK
- Business address
- John Strandruds vei 16, 1360 FORNEBU (BÆRUM)
- Municipality
- Bærum rank 1 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
- Website
- zonesecurity.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
- Waheed Ahmed
- Chair of the board
- Didrik Johannes Vigsnæs
- Board member
- Waheed Ahmed
- Auditor
- CROWE PARTNER REVISJON AS
- Accountant
- ECIT VEIBY AKONTO 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 | 28 | 31 | 44 | |
| Rank | 1,307 | 1,360 | 1,004 | |
| Operating margin | 2.5% | 1.5% | 3.3% | |
| Return on assets | 8.5% | 5.7% | 12.4% | |
| Equity ratio | −32.1% | −29.1% | −11.2% | |
| Current ratio | 1.27 | 1.08 | 1.22 | |
| Revenue growth | – | 10.8% | 30.9% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 51.9 MNOK | 57.5 MNOK | 75.2 MNOK |
| Operating profit | 1.3 MNOK | 0.9 MNOK | 2.5 MNOK |
| Profit before tax | 0.8 MNOK | 0.3 MNOK | 2.2 MNOK |
| Net profit | 0.8 MNOK | 0.3 MNOK | 2.2 MNOK |
| Financial expenses | 0.5 MNOK | 0.5 MNOK | 0.4 MNOK |
| Total assets | 15.0 MNOK | 15.3 MNOK | 20.4 MNOK |
| Current assets | 14.8 MNOK | 15.2 MNOK | 20.3 MNOK |
| Equity | −4.8 MNOK | −4.5 MNOK | −2.3 MNOK |
| Retained earnings | −22.6 MNOK | −22.2 MNOK | −20.0 MNOK |
| Total liabilities | 19.8 MNOK | 19.8 MNOK | 22.7 MNOK |
| Current liabilities | 11.7 MNOK | 14.1 MNOK | 16.7 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 6377177.
Further
Similar companies
- SIXSIDES AS index 45, rank 988 · compare
- RENEX SERVICEPARTNER AS index 45, rank 990 · compare
- CAERA AS index 45, rank 995 · compare
- RTC CONSULTANCY AS index 45, rank 997 · compare
- ECURA CARE AS index 44, rank 1,010 · compare