ZAPPA AS

Org. no. 924554630 · TROMSØ · Founded 2019 · 6 employees

Score · fiscal year 2025

46of 100

How to read this: the company is ahead of 42 % of small companies in the same sector in 2025. What does this mean?

Rank: 22,731 of 38,670 · Handel

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 21 and solidity 61 out of 100 among small companies in the same sector in 2025. Methodology

Against the sector

ZAPPA AS is 4 points below the median for small companies in the same sector in 2025.

Median score 50 among 36,110 companies.

Against small companies in the same sector in 2025: operating margin −10.3% (median 2.5%) and equity ratio 58.4% (median 38.3%).

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 revenue5 MNOK3 MNOK
Operating margin −10.3% 2.5% 18 %
Profit margin −10.7% 2.2% shown, not part of the index
Return on assets −8.5% 4.0% 23 %
Equity ratio 58.4% 38.3% 65 %
Debt-to-equity 0.71 0.99 58 %
Current ratio 4.07 1.70 78 %
Revenue growth 5.9% 3.5% 56 %
Revenue per employee0.80 MNOK1.62 MNOK

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

With an index of 46, ZAPPA AS does better than 42% of small companies in the same sector (36,579 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • ZAPPA AS
  • Median: small companies in the same sector
Summary analysis

ZAPPA AS has a score of 46 for 2025, rank 22,731 of 38,670 in the sector.

Strongest: Liquidity: percentile 78 against peers, current ratio 4.07 against a median of 1.70. Solidity: percentile 61 against peers, equity ratio 58.4% against a median of 38.3%.

Weakest: Profitability: percentile 21 against peers, operating margin −10.3% against a median of 2.5%. Consistency: percentile 27 against peers.

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

ZAPPA AS had an operating margin of −10.3% and an equity ratio of 58.4% in 2025, and ranks 22,731 of 38,670 in Handel.

From 2024 to 2025: the equity ratio fell from 68.0% to 58.4%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

One method gives a figure: 3 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −0.8 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −0.5 MNOK 8.0 not meaningful
P/B Equity: 3.4 MNOK 1.0 3 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 −10.7% (median 2.2%).

  • 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 −10.3% (median 2.5%).

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

Financial costs were 0.8% 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 · 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 · 2025

What the score is made of

Profitability21 weight 30%
Solidity61 weight 25%
Liquidity78 weight 15%
Growth56 weight 15%
Consistency27 weight 15%

Durability: 47 (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 ZAPPA AS?

The operating margin was −10.3% in 2025, against a median of 2.5% among small companies in the same sector. Return on assets was −8.5%. The company made a loss before tax.

How solid is ZAPPA AS?

The equity ratio was 58.4% in 2025 (median 38.3%). Debt-to-equity was 0.71 (median 0.99).

What is the liquidity of ZAPPA AS like?

The current ratio was 4.07 in 2025 (median 1.70).

How does ZAPPA AS compare in Handel?

ZAPPA AS ranks 22,731 of 38,670 in Handel for 2025. Among companies of the same size (small companies) it ranks 21,221 of 36,579. Revenue changed by 5.9% from the year before.

From the Central Coordinating Register

Org. no.
924554630
Legal form
AS
Sector
Handel (47.710)
Size tier
small
Employees
6 registered 10 October 2026
Founded
11 December 2019 6 years in operation
Share capital
0.06 MNOK
Business address
Fredrik Langes gate 16, 9008 TROMSØ
Municipality
Tromsø rank 9 of 11 in KOSTRA group 12
Audit
Audit opted out from 6 February 2020
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
Mona Renate Jensen
Chair of the board
Mona Renate Jensen
Board member
Bjørnar Karsten Albertsen
Board member
Kim Fredrik Albertsen

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
Index504446
Rank17,02822,78722,731
Operating margin−2.7%−9.7%−10.3%
Return on assets−2.1%−7.2%−8.5%
Equity ratio76.0%68.0%58.4%
Current ratio4.284.724.07
Revenue growth–−3.2%5.9%

Accounts

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

Key figure202320242025
Operating revenue4.7 MNOK4.5 MNOK4.8 MNOK
Operating profit−0.1 MNOK−0.4 MNOK−0.5 MNOK
Profit before tax−0.2 MNOK−0.5 MNOK−0.5 MNOK
Net profit−0.1 MNOK−0.4 MNOK−0.8 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets5.9 MNOK6.1 MNOK5.8 MNOK
Current assets2.2 MNOK2.4 MNOK2.2 MNOK
Equity4.5 MNOK4.2 MNOK3.4 MNOK
Retained earnings−0.8 MNOK−1.2 MNOK−1.9 MNOK
Total liabilities1.4 MNOK2.0 MNOK2.4 MNOK
Current liabilities0.5 MNOK0.5 MNOK0.5 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6702026.

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