SYSTEM NORGE HOLDING AS
Score · fiscal year 2025
48of 100
How to read this: the company is ahead of 45 % of small companies in the same sector in 2025. What does this mean?
Rank: 21,339 of 38,671 · Handel
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 17 and solidity 97 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
SYSTEM NORGE HOLDING AS is 2 points below the median for small companies in the same sector in 2025.
Median score 50 among 36,111 companies.
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating margin | – | 2.5% |
| Profit margin | – | 2.2% |
| Return on assets | −16.9% | 4.0% |
| Equity ratio | 100.0% | 38.3% |
| Debt-to-equity | – | 0.99 |
| Current ratio | – | 1.70 |
| Revenue growth | – | 3.5% |
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 48, SYSTEM NORGE HOLDING AS does better than 45% of small companies in the same sector (36,580 companies) in 2025.
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.
SYSTEM NORGE HOLDING AS has a score of 48 for 2025, rank 21,339 of 38,671 in the sector.
Strongest: Solidity: percentile 97 against peers, equity ratio 100.0% against a median of 38.3%.
Weakest: Profitability: percentile 17 against peers. Consistency: percentile 25 against peers.
Worth a closer look
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin – (median 2.2%).
- What lies behind weak profitability, and will it last?
- What lies behind weak consistency, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
SYSTEM NORGE HOLDING AS had an operating margin of – and an equity ratio of 100.0% in 2025, and ranks 21,339 of 38,671 in Handel.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 0 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 0 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
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin – (median 2.2%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
- watch Revenue not reported
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 | 17 | weight 30% |
|---|---|---|
| Solidity | 97 | weight 25% |
| Liquidity | – | no data, left out |
| Growth | – | no data, left out |
| Consistency | 25 | weight 15% |
Index version 2. Data completeness 70%: the share of the weights that had data.
Questions and answers
How profitable is SYSTEM NORGE HOLDING AS?
The operating margin was – in 2025, against a median of 2.5% among small companies in the same sector. Return on assets was −16.9%. The company made a loss before tax.
How solid is SYSTEM NORGE HOLDING AS?
The equity ratio was 100.0% in 2025 (median 38.3%).
How does SYSTEM NORGE HOLDING AS compare in Handel?
SYSTEM NORGE HOLDING AS ranks 21,339 of 38,671 in Handel for 2025. Among companies of the same size (small companies) it ranks 19,953 of 36,580.
Group accounts
The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.
Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 936016413
- Legal form
- AS · part of a group
- Sector
- Handel (46.500)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 8 August 2025 1 years in operation
- Share capital
- 0.05 MNOK
- Business address
- Fantoftvegen 38, 5072 BERGEN
- Municipality
- Bergen rank 9 of 11 in KOSTRA group 12
- 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
- Chair of the board
- Aleksander Siraj Steffensen
- Auditor
- REVISJON VEST AS
- Accountant
- VIEW GROUP 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 28 October 2026.
Year by year
Trends appear once there is more than one fiscal year.
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2025 |
|---|---|
| Operating revenue | – |
| Operating profit | 0.0 MNOK |
| Profit before tax | 0.0 MNOK |
| Net profit | 0.0 MNOK |
| Financial expenses | – |
| Total assets | 0.0 MNOK |
| Current assets | 0.0 MNOK |
| Equity | 0.0 MNOK |
| Retained earnings | 0.0 MNOK |
| Total liabilities | – |
| Current liabilities | – |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 7145609.
Further
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