2GEN AS
Score · fiscal year 2025
Not enough data: Not enough data (profitability or solidity missing)
Based on the annual accounts for 2025
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 1 MNOK | 3 MNOK |
| Operating margin | 66.2% | 2.2% |
| Profit margin | 62.2% | 1.9% |
| Return on assets | – | 3.7% |
| Equity ratio | – | 32.4% |
| Debt-to-equity | – | 1.09 |
| Current ratio | −0.40 | 1.58 |
| Revenue growth | −16.3% | 3.2% |
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.
Score over time
Score over time needs at least two fiscal years with a score. It will appear when next year's figures are fetched or history is imported.
What the numbers say
2GEN AS had an equity ratio of – in 2025. The company is not ranked: not enough data (profitability or solidity missing).
From 2024 to 2025: the operating margin rose from −52.7% to 66.2% and went from a loss to a profit before tax.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 4 MNOK and 5 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 5 MNOK |
| EV/EBIT | 8.0 | 4 MNOK |
| P/B | 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
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 – (median 32.4%).
- critical
Consider strengthening liquidity: current assets do not cover current liabilities.
Based on: Current ratio −0.40 (median 1.58).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
- critical Negative equity
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 0.7%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
Questions and answers
How profitable is 2GEN AS?
The operating margin was 66.2% in 2025, against a median of 2.2% among small companies in the same sector. Return on assets was –.
What is the liquidity of 2GEN AS like?
The current ratio was −0.40 in 2025 (median 1.58). Current assets did not cover current liabilities.
From the Central Coordinating Register
- Org. no.
- 928745058
- Legal form
- AS
- Sector
- Handel (46.900)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 1 January 2022 4 years in operation
- Share capital
- 0.03 MNOK
- Business address
- c/o Refik Mahmuljin, Valhallveien 5E, 0196 OSLO
- Municipality
- Oslo rank 211 of 357 nationally
- Audit
- Audit opted out from 24 February 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
- Elizabeth Berger Grimstad
- Chair of the board
- Refik Mahmuljin
- Board member
- Alen Dulas Tupkovic
- Board member
- Elizabeth Berger Grimstad
- Board member
- Daniel Angammana Finnebråten
- Accountant
- ACS FINANS 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 27 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 38 | – | – | |
| Rank | 12,691 | – | – | |
| Operating margin | 14.7% | −52.7% | 66.2% | |
| Return on assets | 70.2% | – | – | |
| Equity ratio | −42.6% | – | – | |
| Current ratio | 0.70 | −0.91 | −0.40 | |
| Revenue growth | – | −10.5% | −16.3% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 1.1 MNOK | 0.9 MNOK | 0.8 MNOK |
| Operating profit | 0.2 MNOK | −0.5 MNOK | 0.5 MNOK |
| Profit before tax | 0.1 MNOK | −0.5 MNOK | 0.5 MNOK |
| Net profit | 0.1 MNOK | −0.5 MNOK | 0.5 MNOK |
| Financial expenses | 0.1 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 0.2 MNOK | −0.3 MNOK | 0.0 MNOK |
| Current assets | 0.2 MNOK | −0.3 MNOK | 0.0 MNOK |
| Equity | −0.1 MNOK | −0.6 MNOK | −0.1 MNOK |
| Retained earnings | −0.1 MNOK | −0.7 MNOK | −0.2 MNOK |
| Total liabilities | 0.3 MNOK | 0.3 MNOK | 0.1 MNOK |
| Current liabilities | 0.3 MNOK | 0.3 MNOK | 0.1 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 6686112.