Volda Campus Arena AS

Org. no. 918027513 · Volda · Founded 2016 · 8 employees

Score · fiscal year 2023

43of 100

How to read this: the company is ahead of 39 % of companies in the Morning class Micro in the same sector in 2023. What does this mean?

Rank in the Morning class Micro: 388 of 639 · What are Morning company classes?
Place in the whole sector: 608 of 978 · Kultur og fritid

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 68 and solidity 0 out of 100 among companies in the Morning class Micro in the same sector in 2023. Methodology

Against the sector

Volda Campus Arena AS is 6 points below the median for companies in the Morning class Micro in the same sector in 2023.

Median score 49 among 639 companies.

Against companies in the Morning class Micro in the same sector in 2023: operating margin 35.1% (median 3.6%) and equity ratio −0.6% (median 32.0%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 31 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue10 MNOK3 MNOK
Operating margin 35.1% 3.6% 92 %
Profit margin −0.5% 2.4% shown, not part of the index
Return on assets 3.6% 6.5% 44 %
Equity ratio −0.6% 32.0% 20 %
Debt-to-equity – 1.16 not compared
Current ratio 2.62 1.41 75 %
Revenue growth – 3.9% not compared
Revenue per employee1.19 MNOK0.26 MNOK

The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 43, Volda Campus Arena AS does better than 39% of companies in the Morning class Micro in the same sector (639 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Volda Campus Arena AS
  • Median: companies in the Morning class Micro in the same sector
Analysis · 2023

What the numbers say

Volda Campus Arena AS had an operating margin of 35.1% and an equity ratio of −0.6% in 2023, and ranks 608 of 978 in Kultur og fritid.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

MethodInputMultipleEstimate
P/E Net profit: 0.0 MNOK 10.0 not meaningful
EV/EBIT Operating profit: 3.4 MNOK
minus net debt 90.8 MNOK
8.0 debt above value
P/B Equity: −0.6 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 · 2023

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 −0.6% (median 32.0%).

  • watch

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin −0.5% (median 2.4%).

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

Financial costs were 3.6% of the debt in 2023. The policy rate averaged 3.54 % 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 · 2026

Scenario analysis: the sector's weakest year

We have no accounts for 2026, the sector's weakest year, for this company.

The sector's weakest year was 2026, with a median operating margin of −5.4%. Based on the 7 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability68 weight 30%
Solidity0 weight 25%
Liquidity75 weight 15%
Growth– no data, left out
Consistency34 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2023

Questions and answers

How profitable is Volda Campus Arena AS?

The operating margin was 35.1% in 2023, against a median of 3.6% among companies in the Morning class Micro in the same sector. Return on assets was 3.6%. The company made a loss before tax.

How solid is Volda Campus Arena AS?

The equity ratio was −0.6% in 2023 (median 32.0%). Equity is negative, so liabilities exceed assets.

What is the liquidity of Volda Campus Arena AS like?

The current ratio was 2.62 in 2023 (median 1.41).

How does Volda Campus Arena AS compare in Kultur og fritid?

Volda Campus Arena AS ranks 608 of 978 in Kultur og fritid for 2023. Among companies in the Morning class Micro it is number 388 of 639.

From the Central Coordinating Register

Org. no.
918027513
Legal form
AS
Sector
Kultur og fritid (93.110)
Morning company class
Micro
Employees
8 registered 10 September 2026
Founded
28 September 2016 10 years in operation
Share capital
0.03 MNOK
Business address
Joplassvegen 1A, 6103 VOLDA
Municipality
Volda rank 20–36 of 38 in KOSTRA group 7
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

Loading roles …

Source: Central Coordinating Register, fetched 1 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?

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 31 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index434641
Rank608593685
Operating margin35.1%36.7%34.5%
Return on assets3.6%4.2%3.9%
Equity ratio−0.6%−0.5%−0.3%
Current ratio2.622.431.50
Revenue growth–6.3%−0.3%

Accounts

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

Key figure202320242025
Operating revenue9.6 MNOK10.2 MNOK10.1 MNOK
Operating profit3.4 MNOK3.7 MNOK3.5 MNOK
Profit before tax0.0 MNOK0.1 MNOK0.2 MNOK
Net profit0.0 MNOK0.1 MNOK0.2 MNOK
Financial expenses3.4 MNOK3.8 MNOK3.4 MNOK
Total assets94.4 MNOK92.1 MNOK91.9 MNOK
Current assets3.7 MNOK3.6 MNOK5.6 MNOK
Equity−0.6 MNOK−0.5 MNOK−0.3 MNOK
Retained earnings−0.8 MNOK−0.7 MNOK−0.5 MNOK
Total liabilities95.0 MNOK92.6 MNOK92.2 MNOK
Current liabilities1.4 MNOK1.5 MNOK3.8 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 31 October 2026, accounts id 5165129.