SUTTLE HOLDING AS

Org. no. 921197748 · HOLMESTRAND · Founded 2018

Score · fiscal year 2024

83of 100

How to read this: the company is ahead of 98 % of small companies in the same sector in 2024. What does this mean?

Rank: 671 of 28,783 · Handel

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 88 and solidity 84 out of 100 among small companies in the same sector in 2024. Methodology

Against the sector

SUTTLE HOLDING AS is 33 points above the median for small companies in the same sector in 2024.

Median score 50 among 26,966 companies.

Against small companies in the same sector in 2024: operating margin 17.1% (median 2.1%) and equity ratio 88.8% (median 35.5%).

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 revenue80 MNOK3 MNOK
Operating margin 17.1% 2.1% 86 %
Profit margin 17.5% 1.8% shown, not part of the index
Return on assets 31.6% 2.9% 89 %
Equity ratio 88.8% 35.5% 86 %
Debt-to-equity 0.13 1.03 83 %
Current ratio 7.17 1.62 88 %
Revenue growth 17.8% 2.6% 73 %

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 83, SUTTLE HOLDING AS does better than 98% of small companies in the same sector (27,072 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • SUTTLE HOLDING AS
  • Median: small companies in the same sector
Analysis · 2024

What the numbers say

SUTTLE HOLDING AS had an operating margin of 17.1% and an equity ratio of 88.8% in 2024, and ranks 671 of 28,783 in Handel.

From 2023 to 2024: revenue grew by 18%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 39 MNOK and 117 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 10.8 MNOK 10.0 108 MNOK
EV/EBIT Operating profit: 13.6 MNOK
minus net debt −7.9 MNOK
8.0 117 MNOK
P/B Equity: 39.0 MNOK 1.0 39 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

  • positive

    Upper quartile on profitability, solidity and liquidity. What sets this company apart from the rest of the sector?

    Based on: Operating margin 17.1% (median 2.1%); Equity ratio 88.8% (median 35.5%); Current ratio 7.17 (median 1.62).

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

Data quality

No anomalies found in the figures.

Stress test · 2017

Scenario analysis: the sector's weakest year

We have no accounts for 2017, the sector's weakest year, for this company.

The sector's weakest year was 2017, with a median operating margin of −134.9%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability88 weight 30%
Solidity84 weight 25%
Liquidity88 weight 15%
Growth73 weight 15%
Consistency73 weight 15%

Durability: 86 (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 SUTTLE HOLDING AS?

The operating margin was 17.1% in 2024, against a median of 2.1% among small companies in the same sector. Return on assets was 31.6%.

How solid is SUTTLE HOLDING AS?

The equity ratio was 88.8% in 2024 (median 35.5%). Debt-to-equity was 0.13 (median 1.03).

What is the liquidity of SUTTLE HOLDING AS like?

The current ratio was 7.17 in 2024 (median 1.62).

How does SUTTLE HOLDING AS compare in Handel?

SUTTLE HOLDING AS ranks 671 of 28,783 in Handel for 2024. Among companies of the same size (small companies) it ranks 636 of 27,072. Revenue changed by 17.8% from the year before.

From the Central Coordinating Register

Org. no.
921197748
Legal form
AS
Sector
Handel (47.810)
Size tier
small
Employees
0–4 (not registered)
Founded
12 July 2018 8 years in operation
Share capital
0.10 MNOK
Business address
Fossveien 22, 3089 HOLMESTRAND
Municipality
Holmestrand rank 6–13 of 27 in KOSTRA group 9
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
Carl Christian Suttle
Chair of the board
Carl Christian Suttle
Deputy member
Russell Douglas Suttle
Auditor
AS REVISION
Accountant
MEMOACCOUNTING 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.

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index898387
Rank418671268
Operating margin15.5%17.1%11.0%
Return on assets33.8%31.6%24.1%
Equity ratio89.5%88.8%92.8%
Current ratio7.337.1711.72
Revenue growth–17.8%41.9%

Accounts

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

Key figure202320242025
Operating revenue67.6 MNOK79.6 MNOK113.0 MNOK
Operating profit10.5 MNOK13.6 MNOK12.4 MNOK
Profit before tax10.6 MNOK13.9 MNOK12.7 MNOK
Net profit8.2 MNOK10.8 MNOK9.9 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets31.5 MNOK43.9 MNOK52.7 MNOK
Current assets24.3 MNOK35.3 MNOK44.4 MNOK
Equity28.2 MNOK39.0 MNOK48.9 MNOK
Retained earnings28.1 MNOK38.9 MNOK48.8 MNOK
Total liabilities3.3 MNOK4.9 MNOK3.8 MNOK
Current liabilities3.3 MNOK4.9 MNOK3.8 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6791388.