Recto AS

Org. no. 918138625 · Kristiansand · Founded 2016

Score · fiscal year 2023

32of 100

How to read this: the company is ahead of 24 % of companies in the Morning class Small in the same sector in 2023. What does this mean?

Rank in the Morning class Small: 5,141 of 6,803 · What are Morning company classes?
Place in the whole sector: 15,843 of 21,088 · Handel

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 76 and solidity 5 out of 100 among companies in the Morning class Small in the same sector in 2023. Methodology

Against the sector

Recto AS is 18 points below the median for companies in the Morning class Small in the same sector in 2023.

Median score 50 among 6,803 companies.

Against companies in the Morning class Small in the same sector in 2023: operating margin 6.0% (median 3.2%) and equity ratio 1.1% (median 36.1%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue12 MNOK20 MNOK
Operating margin 6.0% 3.2% 68 %
Profit margin 5.7% 2.9% shown, not part of the index
Return on assets 25.2% 9.3% 83 %
Equity ratio 1.1% 36.1% 8 %
Debt-to-equity 87.45 1.55 1 %
Current ratio 0.91 1.71 7 %
Revenue growth – 4.2% not compared

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

With an index of 32, Recto AS does better than 24% of companies in the Morning class Small in the same sector (6,803 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Recto AS
  • Median: companies in the Morning class Small in the same sector
Analysis · 2023

What the numbers say

Recto AS had an operating margin of 6.0% and an equity ratio of 1.1% in 2023, and ranks 15,843 of 21,088 in Handel.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 0 MNOK and 7 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.5 MNOK 10.0 5 MNOK
EV/EBIT Operating profit: 0.7 MNOK
minus net debt −1.6 MNOK
8.0 7 MNOK
P/B Equity: 0.0 MNOK 1.0 0 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 · 2023

Worth a closer look

  • watch

    The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?

    Based on: Equity ratio 1.1% (median 36.1%).

  • watch

    Consider strengthening liquidity: current liabilities are 1.1 times current assets.

    Based on: Current ratio 0.91 (median 1.71).

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

Financial costs were 2.4% 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

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 1.5%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability76 weight 30%
Solidity5 weight 25%
Liquidity7 weight 15%
Growth– no data, left out
Consistency15 weight 15%

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

2023

Questions and answers

How profitable is Recto AS?

The operating margin was 6.0% in 2023, against a median of 3.2% among companies in the Morning class Small in the same sector. Return on assets was 25.2%.

How solid is Recto AS?

The equity ratio was 1.1% in 2023 (median 36.1%). Debt-to-equity was 87.45 (median 1.55).

What is the liquidity of Recto AS like?

The current ratio was 0.91 in 2023 (median 1.71). Current assets did not cover current liabilities.

How does Recto AS compare in Handel?

Recto AS ranks 15,843 of 21,088 in Handel for 2023. Among companies in the Morning class Small it is number 5,141 of 6,803.

From the Central Coordinating Register

Org. no.
918138625
Legal form
AS
Sector
Handel (46.830)
Morning company class
Small
Employees
0–4 (not registered)
Founded
2 November 2016 10 years in operation
Share capital
0.03 MNOK
Business address
Kongsgård alle 62, 4632 KRISTIANSAND S
Municipality
Kristiansand rank 2–6 of 11 in KOSTRA group 12
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 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
Index324144
Rank15,84314,74614,135
Operating margin6.0%10.8%10.1%
Return on assets25.2%54.9%54.4%
Equity ratio1.1%1.7%2.0%
Current ratio0.910.820.82
Revenue growth–−18.4%−4.9%

Accounts

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

Key figure202320242025
Operating revenue11.7 MNOK9.6 MNOK9.1 MNOK
Operating profit0.7 MNOK1.0 MNOK0.9 MNOK
Profit before tax0.7 MNOK1.0 MNOK0.9 MNOK
Net profit0.5 MNOK0.8 MNOK0.7 MNOK
Financial expenses0.1 MNOK0.0 MNOK0.0 MNOK
Total assets2.9 MNOK1.9 MNOK1.7 MNOK
Current assets2.6 MNOK1.5 MNOK1.4 MNOK
Equity0.0 MNOK0.0 MNOK0.0 MNOK
Retained earnings0.0 MNOK0.0 MNOK0.0 MNOK
Total liabilities2.9 MNOK1.9 MNOK1.7 MNOK
Current liabilities2.9 MNOK1.9 MNOK1.7 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 4661597.