Skin Fuel Empire Horisont AS

Org. no. 916177542 · Bergen · Founded 2015

Accounts for 2025 are missing. The deadline was 31 July 2026. The Brønnøysund Register Centre does not publish when accounts arrived, only the latest year filed.

Score · fiscal year 2024

34of 100

How to read this: the company is ahead of 24 % of companies in the Morning class Micro in the same sector in 2024. What does this mean?

Rank in the Morning class Micro: 856 of 1,132 · What are Morning company classes?
Place in the whole sector: 1,241 of 1,591 · Annen tjenesteyting

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 71 and solidity 0 out of 100 among companies in the Morning class Micro in the same sector in 2024. Methodology

Against the sector

Skin Fuel Empire Horisont AS is 16 points below the median for companies in the Morning class Micro in the same sector in 2024.

Median score 50 among 1,132 companies.

Against companies in the Morning class Micro in the same sector in 2024: operating margin 4.5% (median 3.1%) and equity ratio −85.1% (median 32.6%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 31 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue2 MNOK3 MNOK
Operating margin 4.5% 3.1% 58 %
Profit margin 4.5% 2.6% shown, not part of the index
Return on assets 29.3% 8.6% 85 %
Equity ratio −85.1% 32.6% 8 %
Debt-to-equity – 1.38 not compared
Current ratio 0.44 1.43 8 %
Revenue growth −5.4% 3.8% 22 %

The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 34, Skin Fuel Empire Horisont AS does better than 24% of companies in the Morning class Micro in the same sector (1,132 companies) in 2024.

Over time

Score 2022–2024

CompanyMedian0255075100202220232024The shaded year is the sector's weakest year, used by the stress test.
  • Skin Fuel Empire Horisont AS
  • Median: companies in the Morning class Micro in the same sector
Summary analysis

Skin Fuel Empire Horisont AS has a score of 34 for 2024, rank 1,241 of 1,591 in the sector.

Strongest: Profitability: percentile 71 against peers, operating margin 4.5% against a median of 3.1%.

Weakest: Solidity: percentile 0 against peers, equity ratio −85.1% against a median of 32.6%. Liquidity: percentile 8 against peers, current ratio 0.44 against a median of 1.43.

Worth a closer look

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 · 2024

What the numbers say

Skin Fuel Empire Horisont AS had an operating margin of 4.5% and an equity ratio of −85.1% in 2024, and ranks 1,241 of 1,591 in Annen tjenesteyting.

From 2023 to 2024: the equity ratio rose from −141.6% to −85.1% and went from a loss to a profit before tax.

Skin Fuel Empire Horisont AS did about the same as the sector in 2022, the sector's weakest year.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 1 MNOK and 1 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.1 MNOK 10.0 1 MNOK
EV/EBIT Operating profit: 0.1 MNOK
minus net debt −0.3 MNOK
8.0 1 MNOK
P/B Equity: −0.3 MNOK 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

Indications · 2024

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 −85.1% (median 32.6%).

  • critical

    Consider strengthening liquidity: current liabilities are 2.3 times current assets.

    Based on: Current ratio 0.44 (median 1.43).

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

Financial costs were 0.0% of the debt in 2024. The policy rate averaged 4.50 % 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
Stress test · 2022

Scenario analysis: the sector's weakest year

The operating margin was −0.2% in 2022 (sector median −0.2%), and the equity ratio −162.5%. The company had a loss before tax that year. In the other years the operating margin averaged 1.8%.

The sector's weakest year was 2022, with a median operating margin of −0.2%. Based on the 9 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability71 weight 30%
Solidity0 weight 25%
Liquidity8 weight 15%
Growth22 weight 15%
Consistency52 weight 15%

Durability: 29 (average over 3 years)

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

2024

Questions and answers

How profitable is Skin Fuel Empire Horisont AS?

The operating margin was 4.5% in 2024, against a median of 3.1% among companies in the Morning class Micro in the same sector. Return on assets was 29.3%.

How solid is Skin Fuel Empire Horisont AS?

The equity ratio was −85.1% in 2024 (median 32.6%). Equity is negative, so liabilities exceed assets.

What is the liquidity of Skin Fuel Empire Horisont AS like?

The current ratio was 0.44 in 2024 (median 1.43). Current assets did not cover current liabilities.

How does Skin Fuel Empire Horisont AS compare in Annen tjenesteyting?

Skin Fuel Empire Horisont AS ranks 1,241 of 1,591 in Annen tjenesteyting for 2024. Among companies in the Morning class Micro it is number 856 of 1,132. Revenue changed by −5.4% from the year before.

From the Central Coordinating Register

Org. no.
916177542
Legal form
AS
Sector
Annen tjenesteyting (96.990)
Morning company class
Micro
Employees
0–4 (not registered)
Founded
17 September 2015 11 years in operation
Share capital
0.03 MNOK
Business address
Myrdalsvegen 2, 5130 NYBORG (BERGEN)
Municipality
Bergen rank 8 of 11 in KOSTRA group 12
Audit
Audit opted out from 10 November 2015
Latest accounts filed
2024
Website
www.skinfuelempire.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

Loading roles …

Source: Central Coordinating Register, fetched 2 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?

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Figures last fetched 31 October 2026.

Details

Year by year · 2022–2024

Key figure202220232024Trend
Index272634
Rank141,2521,241
Operating margin−0.2%−0.9%4.5%
Return on assets−1.5%−8.2%29.3%
Equity ratio−162.5%−141.6%−85.1%
Current ratio0.340.340.44
Revenue growth–15.1%−5.4%

Accounts

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

Key figure202220232024
Operating revenue2.1 MNOK2.5 MNOK2.3 MNOK
Operating profit0.0 MNOK0.0 MNOK0.1 MNOK
Profit before tax0.0 MNOK0.0 MNOK0.1 MNOK
Net profit0.0 MNOK0.0 MNOK0.1 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets0.2 MNOK0.3 MNOK0.4 MNOK
Current assets0.2 MNOK0.2 MNOK0.3 MNOK
Equity−0.4 MNOK−0.4 MNOK−0.3 MNOK
Retained earnings−0.4 MNOK−0.4 MNOK−0.3 MNOK
Total liabilities0.6 MNOK0.7 MNOK0.7 MNOK
Current liabilities0.6 MNOK0.7 MNOK0.7 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 31 October 2026, accounts id 5522025.