Kyoto Group AS
Score · fiscal year 2025
22of 100
How to read this: the company is ahead of 9 % of companies in the Morning class Small in the same sector in 2025. What does this mean?
Rank in the Morning class Small: 6,745 of 7,416 · What are Morning company classes?
Place in the whole sector: 20,641 of 22,940 · Handel
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 1 and solidity 76 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology
Against the sector
Kyoto Group AS is 29 points below the median for companies in the Morning class Small in the same sector in 2025.
Median score 51 among 7,416 companies.
Against companies in the Morning class Small in the same sector in 2025: operating margin −710.1% (median 3.4%) and equity ratio 60.6% (median 36.3%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 14 MNOK | 20 MNOK |
| Operating margin | −710.1% | 3.4% |
| Profit margin | −714.0% | 3.0% |
| Return on assets | −48.6% | 10.0% |
| Equity ratio | 60.6% | 36.3% |
| Debt-to-equity | 0.65 | 1.51 |
| Current ratio | 0.97 | 1.73 |
| Revenue growth | −73.7% | 5.7% |
| Revenue per employee | 0.91 MNOK | 2.08 MNOK |
The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 22, Kyoto Group AS does better than 9% of companies in the Morning class Small in the same sector (7,416 companies) in 2025.
Score 2023–2025
- Kyoto Group AS
- Median: companies in the Morning class Small in the same sector
Kyoto Group AS has a score of 22 for 2025, rank 20,641 of 22,940 in the sector.
Strongest: Solidity: percentile 76 against peers, equity ratio 60.6% against a median of 36.3%.
Weakest: Growth: percentile 0 against peers, revenue growth −73.7% against a median of 5.7%. Profitability: percentile 1 against peers, operating margin −710.1% against a median of 3.4%.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 1.0 times current assets. Based on: current ratio 0.97 (median 1.73).
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −714.0% (median 3.0%).
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin −710.1% (median 3.4%).
- What lies behind weak growth, 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
Kyoto Group AS had an operating margin of −710.1% and an equity ratio of 60.6% in 2025, and ranks 20,641 of 22,940 in Handel.
From 2024 to 2025: the operating margin fell from −471.4% to −710.1% and revenue fell by 74%.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 134 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 21.2 | not meaningful |
| EV/EBIT | 16.6 | not meaningful |
| P/B | 2.2 | 134 MNOK |
The listed basis is the value at listed multiples. The estimate is lowered by 46% for an unlisted company: 20% for lack of marketability and 32% for size (a small-company premium of 3% on the cost of equity).
A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. See the calculation
Worth a closer look
- watch
Consider strengthening liquidity: current liabilities are 1.0 times current assets.
Based on: Current ratio 0.97 (median 1.73).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −714.0% (median 3.0%).
- 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 −710.1% (median 3.4%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 10.8% 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
- watch Extreme margin: check the figures
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 1.5%. 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 | 1 | weight 30% |
|---|---|---|
| Solidity | 76 | weight 25% |
| Liquidity | 12 | weight 15% |
| Growth | 0 | weight 15% |
| Consistency | 6 | weight 15% |
Durability: 36 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Kyoto Group AS?
The operating margin was −710.1% in 2025, against a median of 3.4% among companies in the Morning class Small in the same sector. Return on assets was −48.6%. The company made a loss before tax.
How solid is Kyoto Group AS?
The equity ratio was 60.6% in 2025 (median 36.3%). Debt-to-equity was 0.65 (median 1.51).
What is the liquidity of Kyoto Group AS like?
The current ratio was 0.97 in 2025 (median 1.73). Current assets did not cover current liabilities.
How does Kyoto Group AS compare in Handel?
Kyoto Group AS ranks 20,641 of 22,940 in Handel for 2025. Among companies in the Morning class Small it is number 6,745 of 7,416. Revenue changed by −73.7% from the year before.
Group accounts · 2025
20 of 100
Rank 458 of 493 groups in Handel. Groups are ranked only against other groups in the same sector, never against single companies.
- Operating revenue, group
- 1 MEUR
- ≈ 14 MNOK at Norges Bank's rate for the period
- Operating profit, group
- −8 MEUR
- ≈ −95 MNOK at Norges Bank's rate for the period
- Profit before tax, group
- −8 MEUR
- ≈ −96 MNOK at Norges Bank's rate for the period
- Total assets, group
- 18 MEUR
- ≈ 210 MNOK at Norges Bank's rate for the period
- Equity, group
- 10 MEUR
- ≈ 118 MNOK at Norges Bank's rate for the period
The group accounts are in EUR. Amounts are shown in EUR, with NOK below. Ratios are computed in EUR.
| Key figure | The group | The company alone (2025) |
|---|---|---|
| Operating margin | −700.6% | −710.1% |
| Return on assets | −44.1% | −48.6% |
| Equity ratio | 56.2% | 60.6% |
| Current ratio | 0.91 | 0.97 |
| Revenue growth | −74.0% | −73.7% |
Group index in earlier years: 2023: 35 (491 of 682), 2024: 46 (170 of 275).
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.
- 917001790
- Legal form
- AS
- Sector
- Handel (46.640)
- Morning company class
- Small
- Employees
- 15 registered 10 September 2026
- Founded
- 28 March 2016 10 years in operation
- Share capital
- 1.19 MNOK
- Business address
- Askekroken 11, 0277 OSLO
- Municipality
- Oslo rank 63–220 of 357 in Norway
- Latest accounts filed
- 2025
- Website
- www.kyotogroup.no
- LEI
- 5493001NVOBG2GEJGV87 renews 6 February 2027
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 31 October 2026. Only names are shown.
- Parent company
- No parent company: owned by persons
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 29 October 2026. The parent is the one the company itself reported to GLEIF.
Shareholders (2025)
- Number of shareholders
- 2 (one owner holds more than half)
- Largest owner
- 99.7%
- Split
- companies 100% · private persons 0% · foreign 0%
- Owned from the same municipality
- 100%
- Group chain
-
Owned by: GF i Kiln Holdco AS (100%)
Ultimate owner: GLENTRA FUND I K/S
The owner: the majority owner GF i Kiln Holdco AS (holds 100%) made a loss in 2025. A weak parent can affect the subsidiary through group contributions, loans and guarantees. It is an indication to watch, not an assessment of the company.
- GF i Kiln Holdco AS · 99.7%
- 1 private persons · 0.3%
The company is new in the shareholder register in 2025.
Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.
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 | – | 50 | 22 | |
| Rank | – | 11,204 | 20,641 | |
| Operating margin | −16,333.8% | −471.4% | −710.1% | |
| Return on assets | −55.7% | −70.8% | −48.6% | |
| Equity ratio | 79.6% | 63.0% | 60.6% | |
| Current ratio | 0.71 | 2.32 | 0.97 | |
| Revenue growth | – | 9,102.6% | −73.7% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.6 MNOK | 51.7 MNOK | 13.6 MNOK |
| Operating profit | −91.7 MNOK | −243.7 MNOK | −96.7 MNOK |
| Profit before tax | −90.6 MNOK | −240.9 MNOK | −97.2 MNOK |
| Tax expense | – | 0.0 MNOK | 0.0 MNOK |
| Net profit | −90.6 MNOK | −240.9 MNOK | −97.2 MNOK |
| Financial expenses | 2.3 MNOK | 7.3 MNOK | 7.9 MNOK |
| Total assets | 158.6 MNOK | 329.7 MNOK | 184.0 MNOK |
| Current assets | 20.3 MNOK | 225.6 MNOK | 47.6 MNOK |
| Equity | 126.3 MNOK | 207.7 MNOK | 111.5 MNOK |
| Retained earnings | – | – | – |
| Total liabilities | 32.4 MNOK | 122.0 MNOK | 72.5 MNOK |
| Current liabilities | 28.8 MNOK | 97.1 MNOK | 49.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7086490.
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