Kyoto Group AS

Org. no. 917001790 · Oslo · Founded 2016 · 15 employees

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%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue14 MNOK20 MNOK
Operating margin −710.1% 3.4% 0 %
Profit margin −714.0% 3.0% shown, not part of the index
Return on assets −48.6% 10.0% 1 %
Equity ratio 60.6% 36.3% 77 %
Debt-to-equity 0.65 1.51 75 %
Current ratio 0.97 1.73 12 %
Revenue growth −73.7% 5.7% 0 %
Revenue per employee0.91 MNOK2.08 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.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Kyoto Group AS
  • Median: companies in the Morning class Small in the same sector
Summary analysis

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

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 · 2025

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.

Estimated value · 2025

Three simple methods

One method gives a figure: 134 MNOK.

MethodInputMultipleListed basisEstimate
P/E Net profit (mean 2023–2025): −142.9 MNOK 21.2 – not meaningful
EV/EBIT Operating profit (mean 2023–2025): −144.0 MNOK 16.6 – not meaningful
P/B Equity: 111.5 MNOK 2.2 245 MNOK 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

Indications · 2025

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
Stress test · 2022

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

Components · 2025

What the score is made of

Profitability1 weight 30%
Solidity76 weight 25%
Liquidity12 weight 15%
Growth0 weight 15%
Consistency6 weight 15%

Durability: 36 (average over 2 years)

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

2025

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 figures in the group accounts against the company's own accounts
Key figureThe groupThe company alone (2025)
Operating margin−700.6% −710.1%
Return on assets−44.1% −48.6%
Equity ratio56.2% 60.6%
Current ratio0.91 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.

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.

Report an issue

Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index–5022
Rank–11,20420,641
Operating margin−16,333.8%−471.4%−710.1%
Return on assets−55.7%−70.8%−48.6%
Equity ratio79.6%63.0%60.6%
Current ratio0.712.320.97
Revenue growth–9,102.6%−73.7%

Accounts

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

Key figure202320242025
Operating revenue0.6 MNOK51.7 MNOK13.6 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 MNOK0.0 MNOK
Net profit−90.6 MNOK−240.9 MNOK−97.2 MNOK
Financial expenses2.3 MNOK7.3 MNOK7.9 MNOK
Total assets158.6 MNOK329.7 MNOK184.0 MNOK
Current assets20.3 MNOK225.6 MNOK47.6 MNOK
Equity126.3 MNOK207.7 MNOK111.5 MNOK
Retained earnings–––
Total liabilities32.4 MNOK122.0 MNOK72.5 MNOK
Current liabilities28.8 MNOK97.1 MNOK49.0 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7086490.

Similar companies