KINNA AS
Score · fiscal year 2025
57of 100
How to read this: the company is ahead of 63 % of small companies in the same sector in 2025. What does this mean?
Rank: 208 of 583 · Olje og gass
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 70 and solidity 70 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
KINNA AS is 8 points above the median for small companies in the same sector in 2025.
Median score 49 among 326 companies.
Against small companies in the same sector in 2025: operating margin 59.0% (median 1.7%) and equity ratio 87.1% (median 53.5%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 0 MNOK | 3 MNOK |
| Operating margin | 59.0% | 1.7% |
| Profit margin | −332.1% | 9.0% |
| Return on assets | 4.3% | 2.8% |
| Equity ratio | 87.1% | 53.5% |
| Debt-to-equity | 0.15 | 0.43 |
| Current ratio | 7.53 | 1.75 |
| Revenue growth | −64.5% | 0.7% |
The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 57, KINNA AS does better than 63% of small companies in the same sector (330 companies) in 2025.
Score 2023–2025
- KINNA AS
- Median: small companies in the same sector
KINNA AS has a score of 57 for 2025, rank 208 of 583 in the sector.
Strongest: Liquidity: percentile 76 against peers, current ratio 7.53 against a median of 1.75. Profitability: percentile 70 against peers, operating margin 59.0% against a median of 1.7%.
Weakest: Growth: percentile 9 against peers, revenue growth −64.5% against a median of 0.7%. Consistency: percentile 37 against peers.
Worth a closer look
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −332.1% (median 9.0%).
- What lies behind weak growth, and will it last?
- What lies behind weak consistency, 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
KINNA AS had an operating margin of 59.0% and an equity ratio of 87.1% in 2025, and ranks 208 of 583 in Olje og gass.
From 2024 to 2025: the operating margin rose from −208.2% to 59.0% and revenue fell by 65%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 1 MNOK and 1 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | 1 MNOK |
| P/B | 1.0 | 1 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 company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −332.1% (median 9.0%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 219.7% 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
No anomalies found in 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 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 70 | weight 30% |
|---|---|---|
| Solidity | 70 | weight 25% |
| Liquidity | 76 | weight 15% |
| Growth | 9 | weight 15% |
| Consistency | 37 | weight 15% |
Durability: 63 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is KINNA AS?
The operating margin was 59.0% in 2025, against a median of 1.7% among small companies in the same sector. Return on assets was 4.3%. The company made a loss before tax.
How solid is KINNA AS?
The equity ratio was 87.1% in 2025 (median 53.5%). Debt-to-equity was 0.15 (median 0.43).
What is the liquidity of KINNA AS like?
The current ratio was 7.53 in 2025 (median 1.75).
How does KINNA AS compare in Olje og gass?
KINNA AS ranks 208 of 583 in Olje og gass for 2025. Among companies of the same size (small companies) it ranks 123 of 330. Revenue changed by −64.5% from the year before.
From the Central Coordinating Register
- Org. no.
- 917839727
- Legal form
- AS
- Sector
- Olje og gass (09.109)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 20 September 2016 10 years in operation
- Share capital
- 0.33 MNOK
- Business address
- c/o Rune Aslak Gaasø, Hjellestadvegen 367, 5259 HJELLESTAD (BERGEN)
- Municipality
- Bergen rank 9 of 11 in KOSTRA group 12
- Audit
- Audit opted out from 26 October 2016
- 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
- Chair of the board
- Rune Aslak Gaasø
- Accountant
- STATSAUTORISERT REVISOR TOM OVE OLSEN AS
Source: Central Coordinating Register, fetched 25 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 | 80 | 51 | 57 | |
| Rank | 24 | 268 | 208 | |
| Operating margin | 17.0% | −208.2% | 59.0% | |
| Return on assets | 15.4% | −11.4% | 4.3% | |
| Equity ratio | 98.4% | 88.9% | 87.1% | |
| Current ratio | 60.32 | 8.82 | 7.53 | |
| Revenue growth | – | 15.9% | −64.5% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.2 MNOK | 0.3 MNOK | 0.1 MNOK |
| Operating profit | 0.0 MNOK | −0.6 MNOK | 0.1 MNOK |
| Profit before tax | 0.3 MNOK | −0.2 MNOK | −0.3 MNOK |
| Net profit | 0.3 MNOK | −0.3 MNOK | −0.3 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.4 MNOK |
| Total assets | 1.8 MNOK | 1.7 MNOK | 1.4 MNOK |
| Current assets | 1.8 MNOK | 1.7 MNOK | 1.3 MNOK |
| Equity | 1.8 MNOK | 1.5 MNOK | 1.2 MNOK |
| Retained earnings | 1.5 MNOK | 1.2 MNOK | 0.9 MNOK |
| Total liabilities | 0.0 MNOK | 0.2 MNOK | 0.2 MNOK |
| Current liabilities | 0.0 MNOK | 0.2 MNOK | 0.2 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6411329.
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