SØBSTAD AS

Org. no. 921231849 · TRONDHEIM · Founded 1965 · 208 employees

Score · fiscal year 2025

21of 100

How to read this: the company is ahead of 6 % of medium-sized companies in the same sector in 2025. What does this mean?

Rank: 28,923 of 32,582 · Bygg og anlegg

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 11 and solidity 22 out of 100 among medium-sized companies in the same sector in 2025. Methodology

Against the sector

SØBSTAD AS is 29 points below the median for medium-sized companies in the same sector in 2025.

Median score 50 among 1,024 companies.

Against medium-sized companies in the same sector in 2025: operating margin −1.2% (median 4.6%) and equity ratio 20.0% (median 31.2%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue533 MNOK176 MNOK
Operating margin −1.2% 4.6% 12 %
Profit margin −2.5% 4.6% shown, not part of the index
Return on assets −1.6% 10.7% 10 %
Equity ratio 20.0% 31.2% 23 %
Debt-to-equity 4.00 2.19 22 %
Current ratio 1.18 1.36 29 %
Revenue growth −20.9% 6.6% 10 %
Revenue per employee2.56 MNOK3.09 MNOK

The median and “ahead of” refer to medium-sized companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 21, SØBSTAD AS does better than 6% of medium-sized companies in the same sector (1,030 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • SØBSTAD AS
  • Median: medium-sized companies in the same sector
Summary analysis

SØBSTAD AS has a score of 21 for 2025, rank 28,923 of 32,582 in the sector.

Strongest: Consistency: percentile 39 against peers.

Weakest: Growth: percentile 10 against peers, revenue growth −20.9% against a median of 6.6%. Profitability: percentile 11 against peers, operating margin −1.2% against a median of 4.6%.

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

SØBSTAD AS had an operating margin of −1.2% and an equity ratio of 20.0% in 2025, and ranks 28,923 of 32,582 in Bygg og anlegg.

From 2024 to 2025: went from a profit to a loss before tax and revenue fell by 21%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

One method gives a figure: 64 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −10.3 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −6.3 MNOK 8.0 not meaningful
P/B Equity: 64.3 MNOK 1.0 64 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 · 2025

Worth a closer look

  • watch

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

    Based on: Profit margin −2.5% (median 4.6%).

  • 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 −1.2% (median 4.6%).

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

Financial costs were 3.2% of the debt in 2025. The policy rate averaged 4.30 % 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.

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 2.5%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability11 weight 30%
Solidity22 weight 25%
Liquidity29 weight 15%
Growth10 weight 15%
Consistency39 weight 15%

Durability: 33 (average over 3 years)

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

2025

Questions and answers

How profitable is SØBSTAD AS?

The operating margin was −1.2% in 2025, against a median of 4.6% among medium-sized companies in the same sector. Return on assets was −1.6%. The company made a loss before tax.

How solid is SØBSTAD AS?

The equity ratio was 20.0% in 2025 (median 31.2%). Debt-to-equity was 4.00 (median 2.19).

What is the liquidity of SØBSTAD AS like?

The current ratio was 1.18 in 2025 (median 1.36).

How does SØBSTAD AS compare in Bygg og anlegg?

SØBSTAD AS ranks 28,923 of 32,582 in Bygg og anlegg for 2025. Among companies of the same size (medium-sized companies) it ranks 972 of 1,030. Revenue changed by −20.9% 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
6
Total awarded value since 2024
435.0 MNOK
1 contracts without a stated value are not in the total.
Framework agreements
1
Left out of the total: the value is a ceiling, not actual spend.
DateBuyerNotice ValueCPV
18 September 2026 Trondheim kommune Endring av kontrakt, Totalentreprise - 330123/430129 Fredlybekken nedre del etappe 4 Sluppen - styrt boring 35.0 MNOK 45000000
11 August 2026 Trondheim kommune Brundalsforbindelsen - K1 Vegarbeider 307.7 MNOK 45220000
6 July 2026 Trondheim kommune Kontraktstildeling - 260737 Vollabakken veg og VA 59.0 MNOK 45233300
25 March 2026 STATSBYGG K671 Utførelsesentreprise - rekkefølgekrav Paul Fjermstads veg 33.3 MNOK 45000000
24 February 2026 NTNU Graving, grunnarbeider og utgravinger 90.0 MNOK (framework) 45232450
19 November 2024 STATSBYGG 1148706 NTNU Campussamling (NCS) - P0, infrastruktur og landskap Entreprise K K200 P0, infrastruktur og landskap Fase 1 value not stated 45000000
5 July 2019 Asplan Viak AS Asfaltering Klæbu kommune value not stated 45233100
1 June 2019 Kirkelig Fellesråd i Trondheim Parallelle rammeavtaler håndverker - entreprenør og vaktmestertjenester 2019-2023 value not stated 45000000
22 March 2018 Trondheim kommune, Kommunalteknikk Rammeavtale entreprise MetroBuss value not stated 45000000
25 August 2017 Trondheim kommune Tiller Øst - totalentreprise 2 bruer value not stated 45000000

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 28 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.
921231849
Legal form
AS · part of a group
Sector
Bygg og anlegg (43.990)
Size tier
medium
Employees
208 registered 10 October 2026
Founded
2 July 1965 61 years in operation
Share capital
0.50 MNOK
Business address
Sandmovegen 22, 7093 TILLER (TRONDHEIM)
Municipality
Trondheim rank 3–7 of 11 in KOSTRA group 12
Latest accounts filed
2025
Website
www.sobstad.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
Leif Søbstad
Chair of the board
Dag Søbstad
Board member
Leif Søbstad
Board member
Kristian Søbstad
Board member
Mette Dyrdahl
Board member
Bente Bjørgum By
Deputy member
Steinar Søbstad
Auditor
ERNST & YOUNG 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
Index393821
Rank19,39922,29328,923
Operating margin2.7%2.3%−1.2%
Return on assets5.6%4.8%−1.6%
Equity ratio22.8%21.9%20.0%
Current ratio1.291.281.18
Revenue growth–8.5%−20.9%

Accounts

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

Key figure202320242025
Operating revenue621.2 MNOK674.2 MNOK533.1 MNOK
Operating profit16.6 MNOK15.6 MNOK−6.3 MNOK
Profit before tax13.6 MNOK10.1 MNOK−13.2 MNOK
Net profit10.6 MNOK7.9 MNOK−10.3 MNOK
Financial expenses3.6 MNOK5.6 MNOK8.2 MNOK
Total assets307.2 MNOK330.8 MNOK321.2 MNOK
Current assets236.3 MNOK248.2 MNOK229.7 MNOK
Equity69.9 MNOK72.3 MNOK64.3 MNOK
Retained earnings68.9 MNOK71.2 MNOK61.0 MNOK
Total liabilities237.2 MNOK258.5 MNOK256.9 MNOK
Current liabilities182.5 MNOK194.2 MNOK194.9 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6982454.

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