KJETIL WINDSLAND AS
Score · fiscal year 2024
24of 100
How to read this: the company is ahead of 15 % of small companies in the same sector in 2024. What does this mean?
Rank: 26,637 of 31,127 · Bygg og anlegg
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 20 and solidity 21 out of 100 among small companies in the same sector in 2024. Methodology
Against the sector
KJETIL WINDSLAND AS is 26 points below the median for small companies in the same sector in 2024.
Median score 50 among 30,031 companies.
Against small companies in the same sector in 2024: operating margin −3.2% (median 3.8%) and equity ratio 14.6% (median 36.8%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 13 MNOK | 3 MNOK |
| Operating margin | −3.2% | 3.8% |
| Profit margin | −3.3% | 3.4% |
| Return on assets | −15.6% | 5.8% |
| Equity ratio | 14.6% | 36.8% |
| Debt-to-equity | 5.83 | 1.19 |
| Current ratio | 1.17 | 1.45 |
| Revenue growth | −41.6% | 1.8% |
| Revenue per employee | 1.28 MNOK | 1.40 MNOK |
The median and “ahead of” refer to small companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 24, KJETIL WINDSLAND AS does better than 15% of small companies in the same sector (30,102 companies) in 2024.
Score 2023–2025
- KJETIL WINDSLAND AS
- Median: small companies in the same sector
What the numbers say
KJETIL WINDSLAND AS had an operating margin of −3.2% and an equity ratio of 14.6% in 2024, and ranks 26,637 of 31,127 in Bygg og anlegg.
From 2023 to 2024: went from a profit to a loss before tax and revenue fell by 42%.
This text is generated automatically from the 2024 accounts.
Three simple methods
One method gives a figure: 0 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 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
Worth a closer look
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −3.3% (median 3.4%).
- 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 −3.2% (median 3.8%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.4% of the debt in 2024. The policy rate averaged 4.50 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.
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 | 20 | weight 30% |
|---|---|---|
| Solidity | 21 | weight 25% |
| Liquidity | 38 | weight 15% |
| Growth | 12 | weight 15% |
| Consistency | 35 | weight 15% |
Durability: 35 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is KJETIL WINDSLAND AS?
The operating margin was −3.2% in 2024, against a median of 3.8% among small companies in the same sector. Return on assets was −15.6%. The company made a loss before tax.
How solid is KJETIL WINDSLAND AS?
The equity ratio was 14.6% in 2024 (median 36.8%). Debt-to-equity was 5.83 (median 1.19).
What is the liquidity of KJETIL WINDSLAND AS like?
The current ratio was 1.17 in 2024 (median 1.45).
How does KJETIL WINDSLAND AS compare in Bygg og anlegg?
KJETIL WINDSLAND AS ranks 26,637 of 31,127 in Bygg og anlegg for 2024. Among companies of the same size (small companies) it ranks 25,635 of 30,102. Revenue changed by −41.6% from the year before.
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.
Public contracts
- Contracts awarded since 2024
- 0
- Total awarded value since 2024
- value not stated
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 14 June 2021 | Birkenes kommune | Rammeavtale tømrertjenester | 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.
- 920423280
- Legal form
- AS · part of a group
- Sector
- Bygg og anlegg (41.000)
- Size tier
- small
- Employees
- 10 registered 10 July 2026
- Founded
- 19 January 2018 8 years in operation
- Share capital
- 0.10 MNOK
- Business address
- Tveide næringspark 19, 4760 BIRKELAND (BIRKENES)
- Municipality
- Birkenes rank 13–29 of 40 in KOSTRA group 1
- Latest accounts filed
- 2025
- Website
- www.kwas.no
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
- Kjetil Windsland
- Chair of the board
- Kjetil Windsland
- Auditor
- REVISJONSFIRMA ELIASSEN AS
- Accountant
- BIRKENES REGNSKAPSKONTOR 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 | 46 | 24 | 53 | |
| Rank | 16,664 | 26,637 | 14,739 | |
| Operating margin | 3.8% | −3.2% | 3.8% | |
| Return on assets | 22.4% | −15.6% | 16.8% | |
| Equity ratio | 21.2% | 14.6% | 27.6% | |
| Current ratio | 1.26 | 1.17 | 1.32 | |
| Revenue growth | – | −41.6% | 17.3% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 21.9 MNOK | 12.8 MNOK | 15.0 MNOK |
| Operating profit | 0.8 MNOK | −0.4 MNOK | 0.6 MNOK |
| Profit before tax | 0.8 MNOK | −0.4 MNOK | 0.6 MNOK |
| Net profit | 0.5 MNOK | −0.4 MNOK | 0.6 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 3.8 MNOK | 2.6 MNOK | 3.4 MNOK |
| Current assets | 3.8 MNOK | 2.6 MNOK | 3.3 MNOK |
| Equity | 0.8 MNOK | 0.4 MNOK | 0.9 MNOK |
| Retained earnings | 0.7 MNOK | 0.3 MNOK | 0.9 MNOK |
| Total liabilities | 3.0 MNOK | 2.2 MNOK | 2.5 MNOK |
| Current liabilities | 3.0 MNOK | 2.2 MNOK | 2.5 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6104367.
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