CORDA AS
Score · fiscal year 2025
43of 100
How to read this: the company is ahead of 36 % of small companies in the same sector in 2025. What does this mean?
Rank: 21,028 of 32,580 · 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 39 and solidity 61 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
CORDA AS is 7 points below the median for small companies in the same sector in 2025.
Median score 50 among 31,470 companies.
Against small companies in the same sector in 2025: operating margin −4,497.1% (median 3.7%) and equity ratio 51.6% (median 36.5%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 0 MNOK | 3 MNOK |
| Operating margin | −4,497.1% | 3.7% |
| Profit margin | 106,010.7% | 3.4% |
| Return on assets | 22.6% | 5.7% |
| Equity ratio | 51.6% | 36.5% |
| Debt-to-equity | 0.94 | 1.20 |
| Current ratio | 0.43 | 1.45 |
| Revenue growth | – | 3.0% |
| Revenue per employee | 0.02 MNOK | 1.46 MNOK |
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 43, CORDA AS does better than 36% of small companies in the same sector (31,718 companies) in 2025.
Score 2023–2025
- CORDA AS
- Median: small companies in the same sector
CORDA AS has a score of 43 for 2025, rank 21,028 of 32,580 in the sector.
Strongest: Solidity: percentile 61 against peers, equity ratio 51.6% against a median of 36.5%.
Weakest: Liquidity: percentile 12 against peers, current ratio 0.43 against a median of 1.45. Profitability: percentile 39 against peers, operating margin −4,497.1% against a median of 3.7%.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 2.3 times current assets. Based on: current ratio 0.43 (median 1.45).
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin −4,497.1% (median 3.7%).
- What lies behind weak profitability, 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
CORDA AS had an operating margin of −4,497.1% and an equity ratio of 51.6% in 2025, and ranks 21,028 of 32,580 in Bygg og anlegg.
From 2024 to 2025: the equity ratio fell from 62.8% to 51.6%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 228 MNOK and 965 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 965 MNOK |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 228 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
- critical
Consider strengthening liquidity: current liabilities are 2.3 times current assets.
Based on: Current ratio 0.43 (median 1.45).
- 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 −4,497.1% (median 3.7%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.5% 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
- 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 2.4%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 39 | weight 30% |
|---|---|---|
| Solidity | 61 | weight 25% |
| Liquidity | 12 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 51 | weight 15% |
Durability: 56 (average over 3 years)
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is CORDA AS?
The operating margin was −4,497.1% in 2025, against a median of 3.7% among small companies in the same sector. Return on assets was 22.6%.
How solid is CORDA AS?
The equity ratio was 51.6% in 2025 (median 36.5%). Debt-to-equity was 0.94 (median 1.20).
What is the liquidity of CORDA AS like?
The current ratio was 0.43 in 2025 (median 1.45). Current assets did not cover current liabilities.
How does CORDA AS compare in Bygg og anlegg?
CORDA AS ranks 21,028 of 32,580 in Bygg og anlegg for 2025. Among companies of the same size (small companies) it ranks 20,290 of 31,718.
Group accounts
The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.
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.
From the Central Coordinating Register
- Org. no.
- 918032037
- Legal form
- AS · part of a group
- Sector
- Bygg og anlegg (43.330)
- Size tier
- small
- Employees
- 5 registered 10 September 2026
- Founded
- 11 October 2016 10 years in operation
- Share capital
- 6.45 MNOK
- Business address
- Bygg 9A, Brobekkveien 80, 0582 OSLO
- Municipality
- Oslo rank 63–221 of 357 in Norway
- Latest accounts filed
- 2025
- LEI
- 254900RLY2X2W76HR349 not renewed (lapsed)
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
- Nicolay Henrik Knudtzon
- Chair of the board
- Nicolay Henrik Knudtzon
- Board member
- Cathrin Adolfsen
- Board member
- Odd Inge Olsen
- Auditor
- BDO AS
- Accountant
- ECIT SERVICES AS
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
- Parent company
- No known owner
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 29 October 2026. The parent is the one the company itself reported to GLEIF.
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 | 70 | 56 | 43 | |
| Rank | 5,251 | 11,976 | 21,028 | |
| Operating margin | – | – | −4,497.1% | |
| Return on assets | 18.2% | 13.4% | 22.6% | |
| Equity ratio | 71.8% | 62.8% | 51.6% | |
| Current ratio | 0.68 | 0.75 | 0.43 | |
| Revenue growth | – | – | – |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | – | – | 0.1 MNOK |
| Operating profit | −2.2 MNOK | −2.7 MNOK | −4.2 MNOK |
| Profit before tax | 46.9 MNOK | 48.2 MNOK | 98.6 MNOK |
| Net profit | 45.1 MNOK | 46.6 MNOK | 96.5 MNOK |
| Financial expenses | 0.2 MNOK | 0.2 MNOK | 1.2 MNOK |
| Total assets | 259.6 MNOK | 361.1 MNOK | 441.9 MNOK |
| Current assets | 50.1 MNOK | 100.8 MNOK | 79.2 MNOK |
| Equity | 186.3 MNOK | 226.8 MNOK | 228.2 MNOK |
| Retained earnings | 99.2 MNOK | 89.7 MNOK | 91.1 MNOK |
| Total liabilities | 73.3 MNOK | 134.3 MNOK | 213.7 MNOK |
| Current liabilities | 73.3 MNOK | 134.3 MNOK | 182.9 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7163415.
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