WITRE AS
Score · fiscal year 2023
78of 100
How to read this: the company is ahead of 90 % of medium-sized companies in the same sector in 2023. What does this mean?
Rank: 3,049 of 34,736 · Handel
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 65 and solidity 81 out of 100 among medium-sized companies in the same sector in 2023. Methodology
Against the sector
WITRE AS is 29 points above the median for medium-sized companies in the same sector in 2023.
Median score 49 among 1,875 companies.
Against medium-sized companies in the same sector in 2023: operating margin 6.1% (median 3.2%) and equity ratio 61.6% (median 32.2%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 110 MNOK | 177 MNOK |
| Operating margin | 6.1% | 3.2% |
| Profit margin | 5.9% | 3.1% |
| Return on assets | 12.7% | 11.4% |
| Equity ratio | 61.6% | 32.2% |
| Debt-to-equity | 0.62 | 2.06 |
| Current ratio | 2.58 | 1.39 |
| Revenue growth | – | 4.2% |
| Revenue per employee | 22.02 MNOK | 6.27 MNOK |
The median and “ahead of” refer to medium-sized companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 78, WITRE AS does better than 90% of medium-sized companies in the same sector (1,875 companies) in 2023.
Score 2023–2025
- WITRE AS
- Median: medium-sized companies in the same sector
What the numbers say
WITRE AS had an operating margin of 6.1% and an equity ratio of 61.6% in 2023, and ranks 3,049 of 34,736 in Handel.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 34 MNOK and 89 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 51 MNOK |
| EV/EBIT | 8.0 | 89 MNOK |
| P/B | 1.0 | 34 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
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 2.1% of the debt in 2023. The policy rate averaged 3.54 % 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.
Scenario analysis: the sector's weakest year
We have no accounts for 2017, the sector's weakest year, for this company.
The sector's weakest year was 2017, with a median operating margin of −65.6%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 65 | weight 30% |
|---|---|---|
| Solidity | 81 | weight 25% |
| Liquidity | 85 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 90 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is WITRE AS?
The operating margin was 6.1% in 2023, against a median of 3.2% among medium-sized companies in the same sector. Return on assets was 12.7%.
How solid is WITRE AS?
The equity ratio was 61.6% in 2023 (median 32.2%). Debt-to-equity was 0.62 (median 2.06).
What is the liquidity of WITRE AS like?
The current ratio was 2.58 in 2023 (median 1.39).
How does WITRE AS compare in Handel?
WITRE AS ranks 3,049 of 34,736 in Handel for 2023. Among companies of the same size (medium-sized companies) it ranks 189 of 1,875.
Public contracts
- Contracts awarded since 2024
- 0
- Total awarded value since 2024
- value not stated
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 9 March 2021 | Politiets fellestjenester | Rammeavtale for kjøp av diverse komponenter og forbruksmateriell | 20.0 MNOK (framework) |
Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.
Source: Doffin (DFØ), fetched 27 October 2026. Winners are matched on organisation number.
Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0
From the Central Coordinating Register
- Org. no.
- 933249352
- Legal form
- AS
- Sector
- Handel (46.640)
- Size tier
- medium
- Employees
- 5 registered 10 September 2026
- Founded
- 2 January 1983 43 years in operation
- Share capital
- 1.00 MNOK
- Business address
- Langbrygga 9, 1767 HALDEN
- Municipality
- Halden rank 13 of 13 in KOSTRA group 10
- 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
- Espen Olav Sætre
- Chair of the board
- Pierre-Olivier Brial
- Board member
- Lars Wictor Walde Karjalainen
- Deputy member
- Espen Olav Sætre
- Auditor
- KPMG AS
- Accountant
- SPAREBANK 1 FORRETNINGSPARTNER ØSTLANDET 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.
Figures last fetched 27 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 78 | 71 | 72 | |
| Rank | 3,049 | 4,258 | 4,091 | |
| Operating margin | 6.1% | 5.0% | 5.1% | |
| Return on assets | 12.7% | 13.2% | 13.5% | |
| Equity ratio | 61.6% | 71.1% | 72.7% | |
| Current ratio | 2.58 | 3.43 | 3.65 | |
| Revenue growth | – | 1.5% | 2.3% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 110.1 MNOK | 111.8 MNOK | 114.4 MNOK |
| Operating profit | 6.7 MNOK | 5.6 MNOK | 5.8 MNOK |
| Profit before tax | 6.5 MNOK | 6.2 MNOK | 6.2 MNOK |
| Net profit | 5.1 MNOK | 4.8 MNOK | 4.8 MNOK |
| Financial expenses | 0.4 MNOK | 1.0 MNOK | 1.9 MNOK |
| Total assets | 54.8 MNOK | 54.2 MNOK | 59.6 MNOK |
| Current assets | 54.3 MNOK | 53.8 MNOK | 59.4 MNOK |
| Equity | 33.7 MNOK | 38.5 MNOK | 43.3 MNOK |
| Retained earnings | 32.7 MNOK | 37.5 MNOK | 42.3 MNOK |
| Total liabilities | 21.1 MNOK | 15.7 MNOK | 16.3 MNOK |
| Current liabilities | 21.1 MNOK | 15.7 MNOK | 16.3 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 4645013.
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