ARQDESIGN NORGE AS

Org. no. 922718032 · LILLESTRØM · Founded 2019

Score · fiscal year 2023

39of 100

How to read this: the company is ahead of 33 % of small companies in the same sector in 2023. What does this mean?

Rank: 23,331 of 34,740 · Handel

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 61 and solidity 17 out of 100 among small companies in the same sector in 2023. Methodology

Against the sector

ARQDESIGN NORGE AS is 11 points below the median for small companies in the same sector in 2023.

Median score 50 among 32,562 companies.

Against small companies in the same sector in 2023: operating margin 2.8% (median 2.5%) and equity ratio 8.8% (median 39.1%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue16 MNOK4 MNOK
Operating margin 2.8% 2.5% 51 %
Profit margin 2.0% 2.2% shown, not part of the index
Return on assets 13.3% 4.0% 71 %
Equity ratio 8.8% 39.1% 24 %
Debt-to-equity 10.40 1.00 9 %
Current ratio 1.15 1.70 31 %
Revenue growth – 0.0% not compared

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

With an index of 39, ARQDESIGN NORGE AS does better than 33% of small companies in the same sector (32,646 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • ARQDESIGN NORGE AS
  • Median: small companies in the same sector
Analysis · 2023

What the numbers say

ARQDESIGN NORGE AS had an operating margin of 2.8% and an equity ratio of 8.8% in 2023, and ranks 23,331 of 34,740 in Handel.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 0 MNOK and 3 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.3 MNOK 10.0 3 MNOK
EV/EBIT Operating profit: 0.4 MNOK
minus net debt 0.3 MNOK
8.0 3 MNOK
P/B Equity: 0.3 MNOK 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

Indications · 2023

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 8.8% (median 39.1%).

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

Financial costs were 4.1% 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.

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 −65.6%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability61 weight 30%
Solidity17 weight 25%
Liquidity31 weight 15%
Growth– no data, left out
Consistency41 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2023

Questions and answers

How profitable is ARQDESIGN NORGE AS?

The operating margin was 2.8% in 2023, against a median of 2.5% among small companies in the same sector. Return on assets was 13.3%.

How solid is ARQDESIGN NORGE AS?

The equity ratio was 8.8% in 2023 (median 39.1%). Debt-to-equity was 10.40 (median 1.00).

What is the liquidity of ARQDESIGN NORGE AS like?

The current ratio was 1.15 in 2023 (median 1.70).

How does ARQDESIGN NORGE AS compare in Handel?

ARQDESIGN NORGE AS ranks 23,331 of 34,740 in Handel for 2023. Among companies of the same size (small companies) it ranks 21,858 of 32,646.

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.

From the Central Coordinating Register

Org. no.
922718032
Legal form
AS · part of a group
Sector
Handel (46.830)
Size tier
small
Employees
0–4 (not registered)
Founded
28 March 2019 7 years in operation
Share capital
0.03 MNOK
Business address
Industriveien 21, 2020 SKEDSMOKORSET (LILLESTRØM)
Municipality
Lillestrøm rank 4–9 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
Johannes Runningen
Chair of the board
Finn Atle Haldorsen
Board member
Rune Birkeland
Auditor
KPMG 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.

Report an issue

Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index397343
Rank23,3313,62524,595
Operating margin2.8%10.2%−0.8%
Return on assets13.3%49.9%−2.6%
Equity ratio8.8%43.2%42.6%
Current ratio1.152.182.12
Revenue growth–76.7%−16.5%

Accounts

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

Key figure202320242025
Operating revenue16.0 MNOK28.3 MNOK23.6 MNOK
Operating profit0.4 MNOK2.9 MNOK−0.2 MNOK
Profit before tax0.3 MNOK2.9 MNOK−0.2 MNOK
Net profit0.3 MNOK2.2 MNOK−0.1 MNOK
Financial expenses0.1 MNOK0.1 MNOK0.0 MNOK
Total assets3.4 MNOK5.9 MNOK5.6 MNOK
Current assets3.1 MNOK5.7 MNOK5.5 MNOK
Equity0.3 MNOK2.5 MNOK2.4 MNOK
Retained earnings0.3 MNOK2.5 MNOK2.4 MNOK
Total liabilities3.1 MNOK3.3 MNOK3.2 MNOK
Current liabilities2.7 MNOK2.6 MNOK2.6 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 4917753.

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