Wingtech AS

Org. no. 921668341 · Hitra · Founded 2018 · 25 employees

Accounts for 2025 are missing. The deadline was 31 July 2026. The Brønnøysund Register Centre does not publish when accounts arrived, only the latest year filed.

Score · fiscal year 2023

49of 100

How to read this: the company is ahead of 50 % of companies in the Morning class Small in the same sector in 2023. What does this mean?

Rank in the Morning class Small: 352 of 709 · What are Morning company classes?
Place in the whole sector: 1,411 of 2,850 · Industri

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 26 and solidity 81 out of 100 among companies in the Morning class Small in the same sector in 2023. Methodology

Against the sector

Wingtech AS is at the median for companies in the Morning class Small in the same sector in 2023.

Median score 49 among 709 companies.

Against companies in the Morning class Small in the same sector in 2023: operating margin 0.1% (median 3.8%) and equity ratio 63.8% (median 37.2%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 4 November 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue42 MNOK24 MNOK
Operating margin 0.1% 3.8% 28 %
Profit margin −0.6% 3.4% shown, not part of the index
Return on assets 0.3% 8.1% 24 %
Equity ratio 63.8% 37.2% 82 %
Debt-to-equity 0.57 1.53 81 %
Current ratio 1.99 1.59 68 %
Revenue growth −16.5% 4.4% 0 %
Revenue per employee1.69 MNOK1.31 MNOK

The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 49, Wingtech AS does better than 50% of companies in the Morning class Small in the same sector (709 companies) in 2023.

Over time

Score 2022–2024

CompanyMedian0255075100202220232024The shaded year is the sector's weakest year, used by the stress test.
  • Wingtech AS
  • Median: companies in the Morning class Small in the same sector
Analysis · 2023

What the numbers say

Wingtech AS had an operating margin of 0.1% and an equity ratio of 63.8% in 2023, and ranks 1,411 of 2,850 in Industri.

From 2022 to 2023: went from a profit to a loss before tax and the operating margin fell from 4.5% to 0.1%.

Wingtech AS did better than the sector in 2022, the sector's weakest year.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 1 MNOK and 24 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −0.2 MNOK 10.0 not meaningful
EV/EBIT Operating profit: 0.1 MNOK
minus net debt −0.2 MNOK
8.0 1 MNOK
P/B Equity: 24.3 MNOK 1.0 24 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 · 2023

Worth a closer look

  • watch

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

    Based on: Profit margin −0.6% (median 3.4%).

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

Financial costs were 2.8% of the debt in 2023. The policy rate averaged 3.54 % 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

The operating margin was 4.5% in 2022 (sector median 0.0%), and the equity ratio 60.8%. In the other years the operating margin averaged 0.0%.

The sector's weakest year was 2022, with a median operating margin of 0.0%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability26 weight 30%
Solidity81 weight 25%
Liquidity68 weight 15%
Growth0 weight 15%
Consistency76 weight 15%

Durability: 67 (average over 2 years)

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

2023

Questions and answers

How profitable is Wingtech AS?

The operating margin was 0.1% in 2023, against a median of 3.8% among companies in the Morning class Small in the same sector. Return on assets was 0.3%. The company made a loss before tax.

How solid is Wingtech AS?

The equity ratio was 63.8% in 2023 (median 37.2%). Debt-to-equity was 0.57 (median 1.53).

What is the liquidity of Wingtech AS like?

The current ratio was 1.99 in 2023 (median 1.59).

How does Wingtech AS compare in Industri?

Wingtech AS ranks 1,411 of 2,850 in Industri for 2023. Among companies in the Morning class Small it is number 352 of 709. Revenue changed by −16.5% from the year before.

From the Central Coordinating Register

Org. no.
921668341
Legal form
AS
Sector
Industri (26.510)
Morning company class
Small
Employees
25 registered 10 August 2026
Founded
23 October 2018 8 years in operation
Share capital
0.03 MNOK
Business address
Vingvågen 25, 7255 SUNDLANDET (HITRA)
Municipality
Hitra rank 2–9 of 9 in KOSTRA group 3
Latest accounts filed
2024

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

Loading roles …

Source: Central Coordinating Register, fetched 31 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 4 November 2026.

Details

Year by year · 2022–2024

Key figure202220232024Trend
Index844949
Rank31,4111,572
Operating margin4.5%0.1%−0.1%
Return on assets5.8%0.3%0.2%
Equity ratio60.8%63.8%55.6%
Current ratio2.401.991.11
Revenue growth–−16.5%15.3%

Accounts

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

Key figure202220232024
Operating revenue50.7 MNOK42.3 MNOK48.8 MNOK
Operating profit2.3 MNOK0.1 MNOK0.0 MNOK
Profit before tax2.2 MNOK−0.3 MNOK−0.1 MNOK
Net profit1.7 MNOK−0.2 MNOK0.4 MNOK
Financial expenses0.1 MNOK0.4 MNOK0.2 MNOK
Total assets39.0 MNOK38.1 MNOK44.6 MNOK
Current assets36.7 MNOK27.4 MNOK22.0 MNOK
Equity23.7 MNOK24.3 MNOK24.8 MNOK
Retained earnings23.7 MNOK24.3 MNOK24.8 MNOK
Total liabilities15.3 MNOK13.8 MNOK19.8 MNOK
Current liabilities15.3 MNOK13.8 MNOK19.8 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 4 November 2026, accounts id 5117283.