ISTAND AS

Org. no. 932206048 · SUNNFJORD · Founded 2023 · 9 employees

Score · fiscal year 2025

65of 100

How to read this: the company is ahead of 80 % of small companies in the same sector in 2025. What does this mean?

Rank: 6,706 of 32,582 · Bygg og anlegg

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 79 and solidity 63 out of 100 among small companies in the same sector in 2025. Methodology

Against the sector

ISTAND AS is 15 points above the median for small companies in the same sector in 2025.

Median score 50 among 31,472 companies.

Against small companies in the same sector in 2025: operating margin 11.5% (median 3.7%) and equity ratio 53.9% (median 36.5%).

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 revenue10 MNOK3 MNOK
Operating margin 11.5% 3.7% 74 %
Profit margin 11.6% 3.4% shown, not part of the index
Return on assets 29.1% 5.7% 84 %
Equity ratio 53.9% 36.5% 66 %
Debt-to-equity 0.86 1.20 59 %
Current ratio 1.97 1.45 65 %
Revenue growth −16.3% 3.0% 27 %
Revenue per employee1.11 MNOK1.46 MNOK

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.

With an index of 65, ISTAND AS does better than 80% of small companies in the same sector (31,720 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • ISTAND AS
  • Median: small companies in the same sector
Summary analysis

ISTAND AS has a score of 65 for 2025, rank 6,706 of 32,582 in the sector.

Strongest: Consistency: percentile 80 against peers. Profitability: percentile 79 against peers, operating margin 11.5% against a median of 3.7%.

Weakest: Growth: percentile 27 against peers, revenue growth −16.3% against a median of 3.0%.

Worth a closer look

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

ISTAND AS had an operating margin of 11.5% and an equity ratio of 53.9% in 2025, and ranks 6,706 of 32,582 in Bygg og anlegg.

From 2024 to 2025: the equity ratio rose from 17.5% to 53.9% and the operating margin rose from 4.6% to 11.5%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 2 MNOK and 11 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 1.1 MNOK 10.0 11 MNOK
EV/EBIT Operating profit: 1.1 MNOK
minus net debt −1.2 MNOK
8.0 10 MNOK
P/B Equity: 2.1 MNOK 1.0 2 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.

Financial costs were 0.1% of the debt in 2025. The policy rate averaged 4.30 % 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 2.5%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability79 weight 30%
Solidity63 weight 25%
Liquidity65 weight 15%
Growth27 weight 15%
Consistency80 weight 15%

Durability: 52 (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 ISTAND AS?

The operating margin was 11.5% in 2025, against a median of 3.7% among small companies in the same sector. Return on assets was 29.1%.

How solid is ISTAND AS?

The equity ratio was 53.9% in 2025 (median 36.5%). Debt-to-equity was 0.86 (median 1.20).

What is the liquidity of ISTAND AS like?

The current ratio was 1.97 in 2025 (median 1.45).

How does ISTAND AS compare in Bygg og anlegg?

ISTAND AS ranks 6,706 of 32,582 in Bygg og anlegg for 2025. Among companies of the same size (small companies) it ranks 6,501 of 31,720. Revenue changed by −16.3% from the year before.

From the Central Coordinating Register

Org. no.
932206048
Legal form
AS
Sector
Bygg og anlegg (41.000)
Size tier
small
Employees
9 registered 10 October 2026
Founded
3 August 2023 3 years in operation
Share capital
0.03 MNOK
Business address
Vikavegen 1, 6843 SKEI I JØLSTER (SUNNFJORD)
Municipality
Sunnfjord rank 5 of 27 in KOSTRA group 9
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
Anders Kristian Sægrov
Chair of the board
Anders Kristian Sægrov
Auditor
ARGO REVISJON AS
Accountant
REKNESKAP FJORDANE 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.

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Figures last fetched 27 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index494365
Rank15,33820,1476,706
Operating margin11.7%4.6%11.5%
Return on assets23.8%8.9%29.1%
Equity ratio19.4%17.5%53.9%
Current ratio1.111.101.97
Revenue growth–−0.8%−16.3%

Accounts

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

Key figure202320242025
Operating revenue12.0 MNOK11.9 MNOK10.0 MNOK
Operating profit1.4 MNOK0.5 MNOK1.1 MNOK
Profit before tax1.4 MNOK0.5 MNOK1.2 MNOK
Net profit1.1 MNOK0.1 MNOK1.1 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets5.9 MNOK6.1 MNOK4.0 MNOK
Current assets5.3 MNOK5.6 MNOK3.6 MNOK
Equity1.1 MNOK1.1 MNOK2.1 MNOK
Retained earnings1.1 MNOK1.0 MNOK2.1 MNOK
Total liabilities4.8 MNOK5.1 MNOK1.8 MNOK
Current liabilities4.8 MNOK5.1 MNOK1.8 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 7099081.

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