SORTIMO AS

Org. no. 920530222 · LILLESTRØM · Founded 2017 · 16 employees

Score · fiscal year 2024

15of 100

How to read this: the company is ahead of 5 % of companies in the Morning class Small in the same sector in 2024. What does this mean?

Rank in the Morning class Small: 6,830 of 7,172 · What are Morning company classes?
Place in the whole sector: 21,237 of 22,333 · Handel

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 4 and solidity 13 out of 100 among companies in the Morning class Small in the same sector in 2024. Methodology

Against the sector

SORTIMO AS is 36 points below the median for companies in the Morning class Small in the same sector in 2024.

Median score 51 among 7,172 companies.

Against companies in the Morning class Small in the same sector in 2024: operating margin −9.2% (median 3.0%) and equity ratio 7.4% (median 36.4%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue45 MNOK20 MNOK
Operating margin −9.2% 3.0% 5 %
Profit margin −10.4% 2.7% shown, not part of the index
Return on assets −29.5% 8.9% 3 %
Equity ratio 7.4% 36.4% 16 %
Debt-to-equity 12.51 1.53 9 %
Current ratio 1.08 1.71 18 %
Revenue growth −19.8% 3.8% 7 %
Revenue per employee2.83 MNOK2.05 MNOK

The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 15, SORTIMO AS does better than 5% of companies in the Morning class Small in the same sector (7,172 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • SORTIMO AS
  • Median: companies in the Morning class Small in the same sector
Analysis · 2024

What the numbers say

SORTIMO AS had an operating margin of −9.2% and an equity ratio of 7.4% in 2024, and ranks 21,237 of 22,333 in Handel.

From 2023 to 2024: the equity ratio rose from −49.3% to 7.4% and revenue fell by 20%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

One method gives a figure: 1 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −4.7 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −4.2 MNOK 8.0 not meaningful
P/B Equity: 1.0 MNOK 1.0 1 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 · 2024

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 7.4% (median 36.4%).

  • watch

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

    Based on: Profit margin −10.4% (median 2.7%).

  • 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 −9.2% (median 3.0%).

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

Financial costs were 6.5% 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.

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 · 2024

What the score is made of

Profitability4 weight 30%
Solidity13 weight 25%
Liquidity18 weight 15%
Growth7 weight 15%
Consistency44 weight 15%

Durability: 8 (average over 2 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2024

Questions and answers

How profitable is SORTIMO AS?

The operating margin was −9.2% in 2024, against a median of 3.0% among companies in the Morning class Small in the same sector. Return on assets was −29.5%. The company made a loss before tax.

How solid is SORTIMO AS?

The equity ratio was 7.4% in 2024 (median 36.4%). Debt-to-equity was 12.51 (median 1.53).

What is the liquidity of SORTIMO AS like?

The current ratio was 1.08 in 2024 (median 1.71).

How does SORTIMO AS compare in Handel?

SORTIMO AS ranks 21,237 of 22,333 in Handel for 2024. Among companies in the Morning class Small it is number 6,830 of 7,172. Revenue changed by −19.8% from the year before.

From the Central Coordinating Register

Org. no.
920530222
Legal form
AS
Sector
Handel (46.640)
Morning company class
Small
Employees
16 registered 10 October 2026
Founded
14 December 2017 8 years in operation
Share capital
0.20 MNOK
Business address
Trondheimsveien 62, 2019 SKEDSMOKORSET (LILLESTRØM)
Municipality
Lillestrøm rank 7 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

Chief executive
Kim André Gaarder
Chair of the board
Wolfgang Zimmer
Board member
Thomas Unger
Board member
Matthias Ferdinand Klupsch
Auditor
BDO AS

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.

Report an issue

Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index11522
Rank21,13421,23720,790
Operating margin−6.1%−9.2%0.6%
Return on assets−15.1%−29.5%1.8%
Equity ratio−49.3%7.4%6.4%
Current ratio0.671.081.05
Revenue growth–−19.8%−7.8%

Accounts

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

Key figure202320242025
Operating revenue56.4 MNOK45.2 MNOK41.7 MNOK
Operating profit−3.4 MNOK−4.2 MNOK0.2 MNOK
Profit before tax−4.0 MNOK−4.7 MNOK0.1 MNOK
Net profit−4.0 MNOK−4.7 MNOK0.1 MNOK
Financial expenses1.1 MNOK0.8 MNOK0.2 MNOK
Total assets19.5 MNOK13.2 MNOK16.9 MNOK
Current assets19.3 MNOK13.2 MNOK16.6 MNOK
Equity−9.6 MNOK1.0 MNOK1.1 MNOK
Retained earnings−9.8 MNOK0.8 MNOK0.9 MNOK
Total liabilities29.1 MNOK12.3 MNOK15.9 MNOK
Current liabilities29.1 MNOK12.3 MNOK15.9 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6192359.

Similar companies