PRIMARY SOLUTIONS AS
Score · fiscal year 2024
74of 100
How to read this: the company is ahead of 94 % of small companies in the same sector in 2024. What does this mean?
Rank: 33 of 586 · Olje og gass
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 91 and solidity 49 out of 100 among small companies in the same sector in 2024. Methodology
Against the sector
PRIMARY SOLUTIONS AS is 24 points above the median for small companies in the same sector in 2024.
Median score 50 among 324 companies.
Against small companies in the same sector in 2024: operating margin 38.7% (median 4.2%) and equity ratio 59.4% (median 52.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 1 MNOK | 3 MNOK |
| Operating margin | 38.7% | 4.2% |
| Profit margin | 38.5% | 10.1% |
| Return on assets | 177.8% | 3.4% |
| Equity ratio | 59.4% | 52.4% |
| Debt-to-equity | 0.68 | 0.41 |
| Current ratio | 2.47 | 1.74 |
| Revenue growth | 1,462.2% | 3.4% |
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 74, PRIMARY SOLUTIONS AS does better than 94% of small companies in the same sector (325 companies) in 2024.
Score 2023–2025
- PRIMARY SOLUTIONS AS
- Median: small companies in the same sector
What the numbers say
PRIMARY SOLUTIONS AS had an operating margin of 38.7% and an equity ratio of 59.4% in 2024, and ranks 33 of 586 in Olje og gass.
From 2023 to 2024: the operating margin rose from −339.5% to 38.7% and revenue grew by 1,462%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 0 MNOK and 4 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 4 MNOK |
| EV/EBIT | 8.0 | 3 MNOK |
| P/B | 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
Worth a closer look
No rules were triggered for this year.
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 2.1% of the debt in 2024. The policy rate averaged 4.50 % 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.
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 1.5%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 91 | weight 30% |
|---|---|---|
| Solidity | 49 | weight 25% |
| Liquidity | 60 | weight 15% |
| Growth | 99 | weight 15% |
| Consistency | 71 | weight 15% |
Durability: 40 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is PRIMARY SOLUTIONS AS?
The operating margin was 38.7% in 2024, against a median of 4.2% among small companies in the same sector. Return on assets was 177.8%.
How solid is PRIMARY SOLUTIONS AS?
The equity ratio was 59.4% in 2024 (median 52.4%). Debt-to-equity was 0.68 (median 0.41).
What is the liquidity of PRIMARY SOLUTIONS AS like?
The current ratio was 2.47 in 2024 (median 1.74).
How does PRIMARY SOLUTIONS AS compare in Olje og gass?
PRIMARY SOLUTIONS AS ranks 33 of 586 in Olje og gass for 2024. Among companies of the same size (small companies) it ranks 20 of 325. Revenue changed by 1,462.2% from the year before.
From the Central Coordinating Register
- Org. no.
- 925777803
- Legal form
- AS
- Sector
- Olje og gass (09.109)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 25 September 2020 6 years in operation
- Share capital
- 0.03 MNOK
- Business address
- c/o Mitchel Ohlin, Steingata 81C, 4024 STAVANGER
- Municipality
- Stavanger rank 5–9 of 11 in KOSTRA group 12
- Audit
- Audit opted out from 12 October 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
- Mitchel André Ohlin
- Chair of the board
- Mitchel André Ohlin
- Accountant
- TALLHUSET 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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 6 | 74 | 20 | |
| Rank | 549 | 33 | 537 | |
| Operating margin | −339.5% | 38.7% | −19.7% | |
| Return on assets | −265.7% | 177.8% | −492.8% | |
| Equity ratio | −312.7% | 59.4% | −191.5% | |
| Current ratio | 0.12 | 2.47 | 0.34 | |
| Revenue growth | – | 1,462.2% | 4.0% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.1 MNOK | 0.9 MNOK | 1.0 MNOK |
| Operating profit | −0.2 MNOK | 0.4 MNOK | −0.2 MNOK |
| Profit before tax | −0.2 MNOK | 0.4 MNOK | −0.2 MNOK |
| Net profit | −0.2 MNOK | 0.4 MNOK | −0.2 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 0.1 MNOK | 0.2 MNOK | 0.0 MNOK |
| Current assets | 0.0 MNOK | 0.2 MNOK | 0.0 MNOK |
| Equity | −0.2 MNOK | 0.1 MNOK | −0.1 MNOK |
| Retained earnings | −0.3 MNOK | 0.1 MNOK | −0.1 MNOK |
| Total liabilities | 0.3 MNOK | 0.1 MNOK | 0.1 MNOK |
| Current liabilities | 0.3 MNOK | 0.1 MNOK | 0.1 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5707141.
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