Promet AS

Org. no. 936031110 · Sola · Founded 1984 · 38 employees

Accounts for 2025 are missing. The deadline was 31 July 2026. The Brønnøysund Register Centre does not publish when accounts arrived, only the latest year filed.

Score · fiscal year 2023

91of 100

How to read this: the company is ahead of 99 % of companies in the Morning class Medium in the same sector in 2023. What does this mean?

Rank in the Morning class Medium: 15 of 1,044 · What are Morning company classes?
Place in the whole sector: 46 of 2,850 · Industri

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 97 and solidity 85 out of 100 among companies in the Morning class Medium in the same sector in 2023. Methodology

Against the sector

Promet AS is 41 points above the median for companies in the Morning class Medium in the same sector in 2023.

Median score 50 among 1,044 companies.

Against companies in the Morning class Medium in the same sector in 2023: operating margin 34.7% (median 5.2%) and equity ratio 61.3% (median 37.3%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 4 November 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue141 MNOK129 MNOK
Operating margin 34.7% 5.2% 99 %
Profit margin 34.2% 4.8% shown, not part of the index
Return on assets 38.4% 11.2% 95 %
Equity ratio 61.3% 37.3% 85 %
Debt-to-equity 0.63 1.66 84 %
Current ratio 2.91 1.52 90 %
Revenue growth 72.5% 12.2% 88 %
Revenue per employee3.71 MNOK2.53 MNOK

The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 91, Promet AS does better than 99% of companies in the Morning class Medium in the same sector (1,044 companies) in 2023.

Over time

Score 2022–2024

CompanyMedian0255075100202220232024The shaded year is the sector's weakest year, used by the stress test.
  • Promet AS
  • Median: companies in the Morning class Medium in the same sector
Analysis · 2023

What the numbers say

Promet AS had an operating margin of 34.7% and an equity ratio of 61.3% in 2023, and ranks 46 of 2,850 in Industri.

From 2022 to 2023: the operating margin rose from 15.7% to 34.7% and revenue grew by 72%.

Promet AS did better than the sector in 2022, the sector's weakest year.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 80 MNOK and 415 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 37.5 MNOK 10.0 375 MNOK
EV/EBIT Operating profit: 48.9 MNOK
minus net debt −23.7 MNOK
8.0 415 MNOK
P/B Equity: 80.1 MNOK 1.0 80 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 · 2023

Worth a closer look

  • positive

    Upper quartile on profitability, solidity and liquidity. What sets this company apart from the rest of the sector?

    Based on: Operating margin 34.7% (median 5.2%); Equity ratio 61.3% (median 37.3%); Current ratio 2.91 (median 1.52).

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

Financial costs were 4.0% 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.

See interest rates, prices and exchange rates for the sector

Data quality

No anomalies found in the figures.

Stress test · 2022

Scenario analysis: the sector's weakest year

The operating margin was 15.7% in 2022 (sector median 0.0%), and the equity ratio 60.3%. In the other years the operating margin averaged 31.3%.

The sector's weakest year was 2022, with a median operating margin of 0.0%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability97 weight 30%
Solidity85 weight 25%
Liquidity90 weight 15%
Growth88 weight 15%
Consistency91 weight 15%

Durability: 91 (average over 2 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2023

Questions and answers

How profitable is Promet AS?

The operating margin was 34.7% in 2023, against a median of 5.2% among companies in the Morning class Medium in the same sector. Return on assets was 38.4%.

How solid is Promet AS?

The equity ratio was 61.3% in 2023 (median 37.3%). Debt-to-equity was 0.63 (median 1.66).

What is the liquidity of Promet AS like?

The current ratio was 2.91 in 2023 (median 1.52).

How does Promet AS compare in Industri?

Promet AS ranks 46 of 2,850 in Industri for 2023. Among companies in the Morning class Medium it is number 15 of 1,044. Revenue changed by 72.5% from the year before.

From the Central Coordinating Register

Org. no.
936031110
Legal form
AS
Sector
Industri (25.530)
Morning company class
Medium
Employees
38 registered 10 October 2026
Founded
17 December 1984 41 years in operation
Share capital
1.65 MNOK
Business address
Risavika Havnering 109, 4056 TANANGER (SOLA)
Municipality
Sola rank 2 of 27 in KOSTRA group 9
Latest accounts filed
2024

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

Loading roles …

Source: Central Coordinating Register, fetched 31 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?

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Figures last fetched 4 November 2026.

Details

Year by year · 2022–2024

Key figure202220232024Trend
Index919174
Rank246251
Operating margin15.7%34.7%27.8%
Return on assets18.7%38.4%29.8%
Equity ratio60.3%61.3%66.6%
Current ratio3.292.913.42
Revenue growth–72.5%−11.3%

Accounts

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

Key figure202220232024
Operating revenue81.7 MNOK140.9 MNOK125.0 MNOK
Operating profit12.8 MNOK48.9 MNOK34.8 MNOK
Profit before tax12.0 MNOK48.1 MNOK35.5 MNOK
Net profit9.3 MNOK37.5 MNOK27.7 MNOK
Financial expenses1.2 MNOK2.0 MNOK1.5 MNOK
Total assets70.5 MNOK130.5 MNOK124.3 MNOK
Current assets49.1 MNOK91.6 MNOK86.3 MNOK
Equity42.5 MNOK80.1 MNOK82.7 MNOK
Retained earnings39.4 MNOK77.0 MNOK39.6 MNOK
Total liabilities28.0 MNOK50.5 MNOK41.6 MNOK
Current liabilities14.9 MNOK31.5 MNOK25.3 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 4 November 2026, accounts id 4654221.

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