SELTOR AS
Score · fiscal year 2025
34of 100
How to read this: the company is ahead of 19 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 15,818 of 20,440 · Bygg og anlegg
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 23 and solidity 21 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
SELTOR AS is 16 points below the median for medium-sized companies in the same sector in 2025.
Median score 50 among 870 companies.
Against medium-sized companies in the same sector in 2025: operating margin 0.9% (median 4.6%) and equity ratio 18.5% (median 28.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 949 MNOK | 178 MNOK |
| Operating margin | 0.9% | 4.6% |
| Profit margin | 1.5% | 4.6% |
| Return on assets | 4.9% | 11.5% |
| Equity ratio | 18.5% | 28.9% |
| Debt-to-equity | 4.40 | 2.44 |
| Current ratio | 1.17 | 1.35 |
| Revenue growth | 20.4% | 6.6% |
| Revenue per employee | 9.30 MNOK | 3.09 MNOK |
The median and “ahead of” refer to medium-sized companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 34, SELTOR AS does better than 19% of medium-sized companies in the same sector (871 companies) in 2025.
Score 2023–2025
- SELTOR AS
- Median: medium-sized companies in the same sector
SELTOR AS has a score of 34 for 2025, rank 15,818 of 20,440 in the sector.
Strongest: Growth: percentile 70 against peers, revenue growth 20.4% against a median of 6.6%.
Weakest: Solidity: percentile 21 against peers, equity ratio 18.5% against a median of 28.9%. Profitability: percentile 23 against peers, operating margin 0.9% against a median of 4.6%.
Worth a closer look
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin 0.9% (median 4.6%).
- Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have? Based on: revenue growth 20.4% (median 6.6%); current ratio 1.17 (median 1.35).
- What lies behind weak solidity, and will it last?
- 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
SELTOR AS had an operating margin of 0.9% and an equity ratio of 18.5% in 2025, and ranks 15,818 of 20,440 in Bygg og anlegg.
From 2024 to 2025: revenue grew by 20%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 53 MNOK and 108 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 108 MNOK |
| EV/EBIT | 8.0 | missing |
| P/B | 1.0 | 53 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
The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin 0.9% (median 4.6%).
- watch
Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?
Based on: Revenue growth 20.4% (median 6.6%); Current ratio 1.17 (median 1.35).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
We have no accounts for 2021, the sector's weakest year, for this company.
The sector's weakest year was 2021, with a median operating margin of 1.8%. 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 | 23 | weight 30% |
|---|---|---|
| Solidity | 21 | weight 25% |
| Liquidity | 26 | weight 15% |
| Growth | 70 | weight 15% |
| Consistency | 50 | weight 15% |
Durability: 25 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is SELTOR AS?
The operating margin was 0.9% in 2025, against a median of 4.6% among medium-sized companies in the same sector. Return on assets was 4.9%.
How solid is SELTOR AS?
The equity ratio was 18.5% in 2025 (median 28.9%). Debt-to-equity was 4.40 (median 2.44).
What is the liquidity of SELTOR AS like?
The current ratio was 1.17 in 2025 (median 1.35).
How does SELTOR AS compare in Bygg og anlegg?
SELTOR AS ranks 15,818 of 20,440 in Bygg og anlegg for 2025. Among companies of the same size (medium-sized companies) it ranks 709 of 871. Revenue changed by 20.4% from the year before.
Group accounts
The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.
Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.
We do not show the group structure, because open data does not say who owns whom.
Public contracts
- Contracts awarded since 2024
- 2
- Total awarded value since 2024
- 110.4 MNOK
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 20 October 2026 | Telemark fylkeskommune | Skogmo Vgs - Riving og ombygging av arealer | 5.4 MNOK |
| 17 June 2025 | Renovasjonsselskapet for Drammensregionen (RfD) | Oppføring av Drifts- og logistikkbygg og Lagerbygg - Totalentreprise | 105.0 MNOK |
| 18 June 2019 | Buskerud fylkeskommune | Drammen vgs. ombygging for elevtallsøkning | value not stated |
| 12 July 2018 | GKI Grenlandskommunenes Innkjøpsenhet | Håndverkertjenester - Tømrer - 09.04.2018 - 09.04.2022 | 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.
- 915617344
- Legal form
- AS · part of a group
- Sector
- Bygg og anlegg (41.000)
- Size tier
- medium
- Employees
- 102 registered 10 September 2026
- Founded
- 31 December 1971 54 years in operation
- Share capital
- 0.61 MNOK
- Business address
- Dokkvegen 8, 3920 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
- Roger Nygård
- Chair of the board
- Stian Råmunddal
- Board member
- Dan Gunnar Råmunddal
- Board member
- Martin Mehlum Hasle
- Board member
- Kim Andre Furunes
- Deputy member
- Morten Ebbesberg
- Deputy member
- Roald Sannes Hauge
- Auditor
- CEDRA NORGE 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 | 19 | 22 | 34 | |
| Rank | 16,227 | 17,340 | 15,818 | |
| Operating margin | −1.0% | 0.1% | 0.9% | |
| Return on assets | −2.5% | 1.3% | 4.9% | |
| Equity ratio | 10.5% | 20.2% | 18.5% | |
| Current ratio | 1.11 | 1.20 | 1.17 | |
| Revenue growth | – | −40.6% | 20.4% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 1,326.7 MNOK | 787.7 MNOK | 948.6 MNOK |
| Operating profit | −13.2 MNOK | 1.1 MNOK | 8.8 MNOK |
| Profit before tax | −11.0 MNOK | 2.7 MNOK | 14.1 MNOK |
| Net profit | −8.7 MNOK | 2.0 MNOK | 10.8 MNOK |
| Financial expenses | 0.4 MNOK | 0.4 MNOK | – |
| Total assets | 423.2 MNOK | 229.8 MNOK | 287.7 MNOK |
| Current assets | 412.4 MNOK | 212.1 MNOK | 264.2 MNOK |
| Equity | 44.4 MNOK | 46.4 MNOK | 53.3 MNOK |
| Retained earnings | 15.9 MNOK | 14.3 MNOK | 21.1 MNOK |
| Total liabilities | 378.7 MNOK | 183.4 MNOK | 234.4 MNOK |
| Current liabilities | 371.9 MNOK | 177.1 MNOK | 225.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6872090.
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