K LUND AS

Org. no. 917810346 · TRONDHEIM · Founded 1964 · 152 employees

Score · fiscal year 2025

61of 100

How to read this: the company is ahead of 75 % of medium-sized companies in the same sector in 2025. What does this mean?

Rank: 8,860 of 32,581 · Bygg og anlegg

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 35 and solidity 87 out of 100 among medium-sized companies in the same sector in 2025. Methodology

Against the sector

K LUND AS is 11 points above the median for medium-sized companies in the same sector in 2025.

Median score 50 among 1,024 companies.

Against medium-sized companies in the same sector in 2025: operating margin 2.5% (median 4.6%) and equity ratio 60.3% (median 31.2%).

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 revenue238 MNOK176 MNOK
Operating margin 2.5% 4.6% 33 %
Profit margin 4.2% 4.6% shown, not part of the index
Return on assets 7.4% 10.7% 37 %
Equity ratio 60.3% 31.2% 87 %
Debt-to-equity 0.66 2.19 87 %
Current ratio 2.66 1.36 91 %
Revenue growth −0.9% 6.6% 35 %
Revenue per employee1.56 MNOK3.09 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 61, K LUND AS does better than 75% of medium-sized companies in the same sector (1,030 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • K LUND AS
  • Median: medium-sized companies in the same sector
Summary analysis

K LUND AS has a score of 61 for 2025, rank 8,860 of 32,581 in the sector.

Strongest: Liquidity: percentile 91 against peers, current ratio 2.66 against a median of 1.36. Solidity: percentile 87 against peers, equity ratio 60.3% against a median of 31.2%.

Weakest: Profitability: percentile 35 against peers, operating margin 2.5% against a median of 4.6%. Growth: percentile 35 against peers, revenue growth −0.9% against a median of 6.6%.

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

K LUND AS had an operating margin of 2.5% and an equity ratio of 60.3% in 2025, and ranks 8,860 of 32,581 in Bygg og anlegg.

From 2024 to 2025: the operating margin fell from 6.2% to 2.5%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 62 MNOK and 87 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 8.2 MNOK 10.0 82 MNOK
EV/EBIT Operating profit: 6.0 MNOK
minus net debt −14.3 MNOK
8.0 62 MNOK
P/B Equity: 87.1 MNOK 1.0 87 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

Indications · 2025

Worth a closer look

No rules were triggered for this year.

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

Financial costs were 1.2% 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.

Data quality

No anomalies found in 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 2.4%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability35 weight 30%
Solidity87 weight 25%
Liquidity91 weight 15%
Growth35 weight 15%
Consistency68 weight 15%

Durability: 72 (average over 3 years)

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

2025

Questions and answers

How profitable is K LUND AS?

The operating margin was 2.5% in 2025, against a median of 4.6% among medium-sized companies in the same sector. Return on assets was 7.4%.

How solid is K LUND AS?

The equity ratio was 60.3% in 2025 (median 31.2%). Debt-to-equity was 0.66 (median 2.19).

What is the liquidity of K LUND AS like?

The current ratio was 2.66 in 2025 (median 1.36).

How does K LUND AS compare in Bygg og anlegg?

K LUND AS ranks 8,860 of 32,581 in Bygg og anlegg for 2025. Among companies of the same size (medium-sized companies) it ranks 258 of 1,030. Revenue changed by −0.9% from the year before.

Group accounts · 2025

54 of 100

Rank 555 of 1326 groups with group accounts. Groups are ranked only against each other, not against single companies.

Operating revenue, group
399 MNOK
Operating profit, group
6 MNOK
Profit before tax, group
9 MNOK
Total assets, group
192 MNOK
Equity, group
100 MNOK
Key figures in the group accounts against the company's own accounts
Key figureThe groupThe company alone (2025)
Operating margin1.6% 2.5%
Return on assets5.1% 7.4%
Equity ratio52.1% 60.3%
Current ratio2.34 2.66
Revenue growth1.5% −0.9%

Group index in earlier years: 2023: 64 (458 of 1716), 2024: 67 (248 of 1371).

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).

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
1
Total awarded value since 2024
value not stated
1 contracts without a stated value are not in the total.
DateBuyerNotice ValueCPV
3 July 2024 NTNU NTNU Kjemiblokk 5: Rørtekniske arbeider value not stated 45210000
24 August 2022 NTNU Utskifting rørledninger 5.8 MNOK 45000000
10 February 2022 NTNU Rammeavtale Rørleggertjenester - Rørtekniske arbeider 60.0 MNOK 76400000

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 27 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.
917810346
Legal form
AS · part of a group
Sector
Bygg og anlegg (43.221)
Size tier
medium
Employees
152 registered 10 October 2026
Founded
11 December 1964 61 years in operation
Share capital
2.00 MNOK
Business address
Tempevegen 15, 7031 TRONDHEIM
Municipality
Trondheim rank 3 of 11 in KOSTRA group 12
Latest accounts filed
2025
LEI
549300RECRLQDTLVW749 renews 12 October 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

Chief executive
Torkild Korsnes
Chair of the board
Svein Olav Munkeby
Board member
Kristin Harneshaug Rød
Board member
Hanne Rygg
Board member
Morten Korsnes
Board member
Tore Granbo
Board member
Therese Bjørstad Karlsen
Board member
Lasse Antonsen
Board member
Jan Willy Adsen Kristiansen
Board member
Andreas Haugrønning Dahl
Deputy member
Robert Røstad
Deputy member
Stein Georg Thobroe Kulvik
Auditor
DELOITTE 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.

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index847261
Rank1,3533,5268,860
Operating margin8.2%6.2%2.5%
Return on assets16.0%17.2%7.4%
Equity ratio55.1%60.8%60.3%
Current ratio2.182.642.66
Revenue growth–−0.5%−0.9%

Accounts

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

Key figure202320242025
Operating revenue241.2 MNOK240.1 MNOK237.9 MNOK
Operating profit19.9 MNOK15.0 MNOK6.0 MNOK
Profit before tax21.4 MNOK17.1 MNOK10.1 MNOK
Net profit16.6 MNOK13.5 MNOK8.2 MNOK
Financial expenses2.6 MNOK7.5 MNOK0.7 MNOK
Total assets149.4 MNOK142.8 MNOK144.3 MNOK
Current assets122.9 MNOK115.6 MNOK115.2 MNOK
Equity82.4 MNOK86.9 MNOK87.1 MNOK
Retained earnings79.4 MNOK–84.1 MNOK
Total liabilities67.0 MNOK55.9 MNOK57.3 MNOK
Current liabilities56.4 MNOK43.8 MNOK43.3 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6700788.