SOLID BAD AS

Org. no. 928601242 · TØNSBERG · Founded 2021

Score · fiscal year 2024

35of 100

How to read this: the company is ahead of 25 % of small companies in the same sector in 2024. What does this mean?

Rank: 23,458 of 31,120 · Bygg og anlegg

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 93 and solidity 0 out of 100 among small companies in the same sector in 2024. Methodology

Against the sector

SOLID BAD AS is 15 points below the median for small companies in the same sector in 2024.

Median score 50 among 30,024 companies.

Against small companies in the same sector in 2024: operating margin 20.8% (median 3.8%) and equity ratio −167.5% (median 36.8%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 27 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue1 MNOK3 MNOK
Operating margin 20.8% 3.8% 86 %
Profit margin 19.1% 3.4% shown, not part of the index
Return on assets 114.7% 5.8% 99 %
Equity ratio −167.5% 36.8% 4 %
Debt-to-equity – 1.19 not compared
Current ratio 0.37 1.45 11 %
Revenue growth −61.9% 1.8% 6 %

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 35, SOLID BAD AS does better than 25% of small companies in the same sector (30,095 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • SOLID BAD AS
  • Median: small companies in the same sector
Analysis · 2024

What the numbers say

SOLID BAD AS had an operating margin of 20.8% and an equity ratio of −167.5% in 2024, and ranks 23,458 of 31,120 in Bygg og anlegg.

From 2023 to 2024: the equity ratio fell from −91.4% to −167.5% and the operating margin rose from 2.8% to 20.8%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 1 MNOK and 1 MNOK.

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

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 · 2024

Worth a closer look

  • critical

    Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?

    Based on: Equity ratio −167.5% (median 36.8%).

  • critical

    Consider strengthening liquidity: current liabilities are 2.7 times current assets.

    Based on: Current ratio 0.37 (median 1.45).

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

Financial costs were 3.6% 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.

Data quality

  • critical Negative equity
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 2.4%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability93 weight 30%
Solidity0 weight 25%
Liquidity11 weight 15%
Growth6 weight 15%
Consistency29 weight 15%

Durability: 28 (average over 2 years)

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

2024

Questions and answers

How profitable is SOLID BAD AS?

The operating margin was 20.8% in 2024, against a median of 3.8% among small companies in the same sector. Return on assets was 114.7%.

How solid is SOLID BAD AS?

The equity ratio was −167.5% in 2024 (median 36.8%). Equity is negative, so liabilities exceed assets.

What is the liquidity of SOLID BAD AS like?

The current ratio was 0.37 in 2024 (median 1.45). Current assets did not cover current liabilities.

How does SOLID BAD AS compare in Bygg og anlegg?

SOLID BAD AS ranks 23,458 of 31,120 in Bygg og anlegg for 2024. Among companies of the same size (small companies) it ranks 22,582 of 30,095. Revenue changed by −61.9% from the year before.

From the Central Coordinating Register

Org. no.
928601242
Legal form
AS
Sector
Bygg og anlegg (43.222)
Size tier
small
Employees
0–4 (not registered)
Founded
1 December 2021 4 years in operation
Share capital
0.03 MNOK
Business address
Olav Digres vei 69, 3170 SEM (TØNSBERG)
Municipality
Tønsberg rank 2 of 10 in KOSTRA group 11
Audit
Audit opted out from 24 January 2022
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
Jaroslaw Jedrzejewski
Chair of the board
Beata Malgorzata Jedrzejewska

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
Index223547
Rank24,66623,45818,759
Operating margin2.8%20.8%12.9%
Return on assets15.0%114.7%202.0%
Equity ratio−91.4%−167.5%−115.6%
Current ratio0.160.370.46
Revenue growth–−61.9%53.2%

Accounts

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

Key figure202320242025
Operating revenue1.8 MNOK0.7 MNOK1.0 MNOK
Operating profit0.0 MNOK0.1 MNOK0.1 MNOK
Profit before tax0.1 MNOK0.1 MNOK0.1 MNOK
Net profit0.1 MNOK0.1 MNOK0.1 MNOK
Financial expenses0.0 MNOK0.0 MNOK–
Total assets0.4 MNOK0.1 MNOK0.1 MNOK
Current assets0.1 MNOK0.1 MNOK0.1 MNOK
Equity−0.3 MNOK−0.2 MNOK−0.1 MNOK
Retained earnings−0.4 MNOK−0.2 MNOK−0.1 MNOK
Total liabilities0.7 MNOK0.3 MNOK0.1 MNOK
Current liabilities0.7 MNOK0.3 MNOK0.1 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 6203169.

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