LEDPROJ AS

Org. no. 926999958 · FREDRIKSTAD · Founded 2021

Score · fiscal year 2025

69of 100

How to read this: the company is ahead of 84 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?

Rank in the Morning class Micro: 1,806 of 11,397 · What are Morning company classes?
Place in the whole sector: 3,618 of 23,065 · Handel

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 97 and solidity 50 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology

Against the sector

LEDPROJ AS is 19 points above the median for companies in the Morning class Micro in the same sector in 2025.

Median score 50 among 11,394 companies.

Against companies in the Morning class Micro in the same sector in 2025: operating margin 39.6% (median 2.6%) and equity ratio 39.7% (median 33.8%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 27 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue2 MNOK4 MNOK
Operating margin 39.6% 2.6% 95 %
Profit margin 40.6% 2.2% shown, not part of the index
Return on assets 88.7% 6.2% 99 %
Equity ratio 39.7% 33.8% 55 %
Debt-to-equity 1.52 1.23 44 %
Current ratio 1.66 1.75 48 %
Revenue growth 46.6% 4.0% 86 %

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

With an index of 69, LEDPROJ AS does better than 84% of companies in the Morning class Micro in the same sector (11,397 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • LEDPROJ AS
  • Median: companies in the Morning class Micro in the same sector
Summary analysis

LEDPROJ AS has a score of 69 for 2025, rank 3,618 of 23,065 in the sector.

Strongest: Profitability: percentile 97 against peers, operating margin 39.6% against a median of 2.6%. Growth: percentile 86 against peers, revenue growth 46.6% against a median of 4.0%.

No area is clearly below its peers.

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

LEDPROJ AS had an operating margin of 39.6% and an equity ratio of 39.7% in 2025, and ranks 3,618 of 23,065 in Handel.

From 2024 to 2025: the equity ratio rose from −130.9% to 39.7% and the operating margin rose from −4.6% to 39.6%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 0 MNOK and 8 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.8 MNOK 10.0 8 MNOK
EV/EBIT Operating profit: 0.8 MNOK
minus net debt −0.3 MNOK
8.0 7 MNOK
P/B Equity: 0.4 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 · 2025

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.

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 1.5%. 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

Profitability97 weight 30%
Solidity50 weight 25%
Liquidity48 weight 15%
Growth86 weight 15%
Consistency49 weight 15%

Durability: 29 (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 LEDPROJ AS?

The operating margin was 39.6% in 2025, against a median of 2.6% among companies in the Morning class Micro in the same sector. Return on assets was 88.7%.

How solid is LEDPROJ AS?

The equity ratio was 39.7% in 2025 (median 33.8%). Debt-to-equity was 1.52 (median 1.23).

What is the liquidity of LEDPROJ AS like?

The current ratio was 1.66 in 2025 (median 1.75).

How does LEDPROJ AS compare in Handel?

LEDPROJ AS ranks 3,618 of 23,065 in Handel for 2025. Among companies in the Morning class Micro it is number 1,806 of 11,397. Revenue changed by 46.6% from the year before.

From the Central Coordinating Register

Org. no.
926999958
Legal form
AS
Sector
Handel (46.430)
Morning company class
Micro
Employees
0–4 (not registered)
Founded
30 March 2021 5 years in operation
Share capital
0.03 MNOK
Business address
Enghaugsgata 13A, 1607 FREDRIKSTAD
Municipality
Fredrikstad rank 11 of 11 in KOSTRA group 12
Audit
Audit opted out from 6 May 2021
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
Thierry Jean Marie Yvon Ollivier
Chair of the board
Ingar Sundholm
Deputy member
Anastasia Ollivier
Accountant
HYSTAD-NILSEN RÅD & BOKFØRING 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.

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Figures last fetched 27 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index71169
Rank20,43421,6493,618
Operating margin−6.2%−4.6%39.6%
Return on assets−18.9%−16.5%88.7%
Equity ratio−100.1%−130.9%39.7%
Current ratio0.500.431.66
Revenue growth–−7.5%46.6%

Accounts

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

Key figure202320242025
Operating revenue1.4 MNOK1.3 MNOK2.0 MNOK
Operating profit−0.1 MNOK−0.1 MNOK0.8 MNOK
Profit before tax−0.1 MNOK−0.1 MNOK0.8 MNOK
Net profit−0.1 MNOK−0.1 MNOK0.8 MNOK
Financial expenses0.0 MNOK––
Total assets0.4 MNOK0.3 MNOK0.9 MNOK
Current assets0.4 MNOK0.3 MNOK0.9 MNOK
Equity−0.4 MNOK−0.4 MNOK0.4 MNOK
Retained earnings−0.4 MNOK−0.5 MNOK0.3 MNOK
Total liabilities0.8 MNOK0.8 MNOK0.5 MNOK
Current liabilities0.8 MNOK0.8 MNOK0.5 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 7200667.

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