RUSTAD BYGG AS

Org. no. 929343085 · HORTEN · Founded 2022 · 17 employees

Score · fiscal year 2024

61of 100

How to read this: the company is ahead of 72 % of small companies in the same sector in 2024. What does this mean?

Rank: 8,831 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 70 and solidity 43 out of 100 among small companies in the same sector in 2024. Methodology

Against the sector

RUSTAD BYGG AS is 11 points above 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 5.9% (median 3.8%) and equity ratio 34.8% (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 revenue8 MNOK3 MNOK
Operating margin 5.9% 3.8% 58 %
Profit margin 5.7% 3.4% shown, not part of the index
Return on assets 25.8% 5.8% 82 %
Equity ratio 34.8% 36.8% 48 %
Debt-to-equity 1.87 1.19 37 %
Current ratio 1.17 1.45 38 %
Revenue growth 51.9% 1.8% 85 %
Revenue per employee0.45 MNOK1.40 MNOK

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 61, RUSTAD BYGG AS does better than 72% of small companies in the same sector (30,095 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • RUSTAD BYGG AS
  • Median: small companies in the same sector
Analysis · 2024

What the numbers say

RUSTAD BYGG AS had an operating margin of 5.9% and an equity ratio of 34.8% in 2024, and ranks 8,831 of 31,120 in Bygg og anlegg.

From 2023 to 2024: revenue grew by 52% and the equity ratio rose from 21.6% to 34.8%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 1 MNOK and 5 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.3 MNOK 10.0 3 MNOK
EV/EBIT Operating profit: 0.5 MNOK
minus net debt −1.0 MNOK
8.0 5 MNOK
P/B Equity: 0.6 MNOK 1.0 1 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 · 2024

Worth a closer look

  • watch

    Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?

    Based on: Revenue growth 51.9% (median 1.8%); Current ratio 1.17 (median 1.45).

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

Financial costs were 1.3% 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

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 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

Profitability70 weight 30%
Solidity43 weight 25%
Liquidity38 weight 15%
Growth85 weight 15%
Consistency74 weight 15%

Durability: 51 (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 RUSTAD BYGG AS?

The operating margin was 5.9% in 2024, against a median of 3.8% among small companies in the same sector. Return on assets was 25.8%.

How solid is RUSTAD BYGG AS?

The equity ratio was 34.8% in 2024 (median 36.8%). Debt-to-equity was 1.87 (median 1.19).

What is the liquidity of RUSTAD BYGG AS like?

The current ratio was 1.17 in 2024 (median 1.45).

How does RUSTAD BYGG AS compare in Bygg og anlegg?

RUSTAD BYGG AS ranks 8,831 of 31,120 in Bygg og anlegg for 2024. Among companies of the same size (small companies) it ranks 8,544 of 30,095. Revenue changed by 51.9% from the year before.

From the Central Coordinating Register

Org. no.
929343085
Legal form
AS
Sector
Bygg og anlegg (43.340)
Size tier
small
Employees
17 registered 10 October 2026
Founded
10 May 2022 4 years in operation
Share capital
0.03 MNOK
Business address
Rustadgata 36, 3187 HORTEN
Municipality
Horten rank 20–27 of 27 in KOSTRA group 9
Latest accounts filed
2025
Website
www.rustadbygg.no

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
Bernt Ove Finsveen
Chair of the board
Bernt Ove Finsveen
Auditor
BDT VIKEN 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.

Report an issue

Figures last fetched 27 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index416160
Rank18,5168,8319,549
Operating margin4.5%5.9%4.3%
Return on assets18.2%25.8%18.9%
Equity ratio21.6%34.8%30.3%
Current ratio0.751.171.31
Revenue growth–51.9%119.3%

Accounts

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

Key figure202320242025
Operating revenue5.0 MNOK7.6 MNOK16.7 MNOK
Operating profit0.2 MNOK0.5 MNOK0.7 MNOK
Profit before tax0.2 MNOK0.4 MNOK0.7 MNOK
Net profit0.2 MNOK0.3 MNOK0.6 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets1.2 MNOK1.7 MNOK3.8 MNOK
Current assets0.7 MNOK1.3 MNOK3.5 MNOK
Equity0.3 MNOK0.6 MNOK1.2 MNOK
Retained earnings0.2 MNOK0.6 MNOK1.1 MNOK
Total liabilities1.0 MNOK1.1 MNOK2.7 MNOK
Current liabilities1.0 MNOK1.1 MNOK2.7 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 5553877.

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