Brødrene Alseth A/S
Score · fiscal year 2023
77of 100
How to read this: the company is ahead of 89 % of medium-sized companies in the same sector in 2023. What does this mean?
Rank: 2,975 of 28,994 · Bygg og anlegg
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 90 and solidity 64 out of 100 among medium-sized companies in the same sector in 2023. Methodology
Against the sector
Brødrene Alseth A/S is 27 points above the median for medium-sized companies in the same sector in 2023.
Median score 50 among 950 companies.
Against medium-sized companies in the same sector in 2023: operating margin 12.8% (median 4.6%) and equity ratio 35.5% (median 28.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 171 MNOK | 178 MNOK |
| Operating margin | 12.8% | 4.6% |
| Profit margin | 12.9% | 4.6% |
| Return on assets | 26.5% | 10.2% |
| Equity ratio | 35.5% | 28.9% |
| Debt-to-equity | 1.81 | 2.38 |
| Current ratio | 1.66 | 1.33 |
| Revenue growth | – | 24.8% |
| Revenue per employee | 3.41 MNOK | 2.99 MNOK |
The median and “ahead of” refer to medium-sized companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 77, Brødrene Alseth A/S does better than 89% of medium-sized companies in the same sector (950 companies) in 2023.
Score 2023–2025
- Brødrene Alseth A/S
- Median: medium-sized companies in the same sector
What the numbers say
Brødrene Alseth A/S had an operating margin of 12.8% and an equity ratio of 35.5% in 2023, and ranks 2,975 of 28,994 in Bygg og anlegg.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 30 MNOK and 201 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 171 MNOK |
| EV/EBIT | 8.0 | 201 MNOK |
| P/B | 1.0 | 30 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
No rules were triggered for this year.
Indications based on the latest annual accounts from open data. Not investment or financial advice.
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 2.5%. 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 | 90 | weight 30% |
|---|---|---|
| Solidity | 64 | weight 25% |
| Liquidity | 75 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 70 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is Brødrene Alseth A/S?
The operating margin was 12.8% in 2023, against a median of 4.6% among medium-sized companies in the same sector. Return on assets was 26.5%.
How solid is Brødrene Alseth A/S?
The equity ratio was 35.5% in 2023 (median 28.9%). Debt-to-equity was 1.81 (median 2.38).
What is the liquidity of Brødrene Alseth A/S like?
The current ratio was 1.66 in 2023 (median 1.33).
How does Brødrene Alseth A/S compare in Bygg og anlegg?
Brødrene Alseth A/S ranks 2,975 of 28,994 in Bygg og anlegg for 2023. Among companies of the same size (medium-sized companies) it ranks 107 of 950.
Public contracts
- Contracts awarded since 2024
- 1
- Total awarded value since 2024
- 0.0 MNOK
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 28 November 2025 | Tinn kommune | Sanering Ingolfsland-området (T6), entreprise 5 | 0.0 MNOK |
| 23 March 2020 | Kongsberg Kommune | Lafteråsen Høydebasseng E01, Grunn, Veg- og VA arbeider | value not stated |
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.
- 919908254
- Legal form
- AS
- Sector
- Bygg og anlegg (43.120)
- Size tier
- medium
- Employees
- 50 registered 10 September 2026
- Founded
- 2 January 1980 46 years in operation
- Share capital
- 1.50 MNOK
- Business address
- Atråvegen 568, 3656 ATRÅ (TINN)
- Municipality
- Tinn rank 12–21 of 28 in KOSTRA group 6
- 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
- Chief executive
- Asbjørn Alseth
- Chair of the board
- Johannes Alseth
- Board member
- Asbjørn Alseth
- Board member
- Birgit Alseth
- Board member
- Torbjørn Brekka
- Board member
- Liv Marit Alseth
- Auditor
- REVISORTEAM TINN OG VEST-TELEMARK 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 | 77 | 61 | 69 | |
| Rank | 2,975 | 9,057 | 4,834 | |
| Operating margin | 12.8% | 8.1% | 8.3% | |
| Return on assets | 26.5% | 14.4% | 14.7% | |
| Equity ratio | 35.5% | 36.3% | 44.9% | |
| Current ratio | 1.66 | 1.97 | 1.87 | |
| Revenue growth | – | −11.9% | 6.0% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 170.7 MNOK | 150.4 MNOK | 159.4 MNOK |
| Operating profit | 21.8 MNOK | 12.2 MNOK | 13.2 MNOK |
| Profit before tax | 22.0 MNOK | 12.2 MNOK | 13.1 MNOK |
| Net profit | 17.1 MNOK | 9.5 MNOK | 10.2 MNOK |
| Financial expenses | 0.6 MNOK | 1.0 MNOK | 1.1 MNOK |
| Total assets | 85.1 MNOK | 91.5 MNOK | 96.6 MNOK |
| Current assets | 66.7 MNOK | 59.9 MNOK | 50.8 MNOK |
| Equity | 30.3 MNOK | 33.2 MNOK | 43.4 MNOK |
| Retained earnings | 24.5 MNOK | 27.5 MNOK | 37.7 MNOK |
| Total liabilities | 54.9 MNOK | 58.2 MNOK | 53.2 MNOK |
| Current liabilities | 40.3 MNOK | 30.4 MNOK | 27.2 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 4610569.
Further
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