EXCEPTION AS
Score · fiscal year 2025
74of 100
How to read this: the company is ahead of 91 % of companies in the Morning class Small in the same sector in 2025. What does this mean?
Rank in the Morning class Small: 639 of 7,421 · What are Morning company classes?
Place in the whole sector: 2,017 of 23,059 · Handel
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 80 and solidity 83 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology
Against the sector
EXCEPTION AS is 23 points above the median for companies in the Morning class Small in the same sector in 2025.
Median score 51 among 7,421 companies.
Against companies in the Morning class Small in the same sector in 2025: operating margin 8.1% (median 3.4%) and equity ratio 67.1% (median 36.3%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 11 MNOK | 20 MNOK |
| Operating margin | 8.1% | 3.4% |
| Profit margin | 8.4% | 3.0% |
| Return on assets | 26.4% | 10.0% |
| Equity ratio | 67.1% | 36.3% |
| Debt-to-equity | 0.49 | 1.52 |
| Current ratio | 2.90 | 1.73 |
| Revenue growth | 2.7% | 5.7% |
| Revenue per employee | 1.19 MNOK | 2.08 MNOK |
The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 74, EXCEPTION AS does better than 91% of companies in the Morning class Small in the same sector (7,421 companies) in 2025.
Score 2023–2025
- EXCEPTION AS
- Median: companies in the Morning class Small in the same sector
EXCEPTION AS has a score of 74 for 2025, rank 2,017 of 23,059 in the sector.
Strongest: Solidity: percentile 83 against peers, equity ratio 67.1% against a median of 36.3%. Profitability: percentile 80 against peers, operating margin 8.1% against a median of 3.4%.
No area is clearly below its peers.
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
EXCEPTION AS had an operating margin of 8.1% and an equity ratio of 67.1% in 2025, and ranks 2,017 of 23,059 in Handel.
No large changes in the key figures from 2024 to 2025.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 2 MNOK and 8 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 7 MNOK |
| EV/EBIT | 8.0 | 8 MNOK |
| P/B | 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
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 8.1% (median 3.4%); Equity ratio 67.1% (median 36.3%); Current ratio 2.90 (median 1.73).
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.
See interest rates, prices and exchange rates for the sector
Data quality
No anomalies found in the figures.
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 1.5%. 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 | 80 | weight 30% |
|---|---|---|
| Solidity | 83 | weight 25% |
| Liquidity | 78 | weight 15% |
| Growth | 40 | weight 15% |
| Consistency | 79 | weight 15% |
Durability: 73 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is EXCEPTION AS?
The operating margin was 8.1% in 2025, against a median of 3.4% among companies in the Morning class Small in the same sector. Return on assets was 26.4%.
How solid is EXCEPTION AS?
The equity ratio was 67.1% in 2025 (median 36.3%). Debt-to-equity was 0.49 (median 1.52).
What is the liquidity of EXCEPTION AS like?
The current ratio was 2.90 in 2025 (median 1.73).
How does EXCEPTION AS compare in Handel?
EXCEPTION AS ranks 2,017 of 23,059 in Handel for 2025. Among companies in the Morning class Small it is number 639 of 7,421. Revenue changed by 2.7% from the year before.
From the Central Coordinating Register
- Org. no.
- 942580851
- Legal form
- AS
- Sector
- Handel (47.710)
- Morning company class
- Small
- Employees
- 9 registered 10 October 2026
- Founded
- 26 February 1987 39 years in operation
- Share capital
- 0.10 MNOK
- Business address
- Gate 1, 6701 MÅLØY (KINN)
- Municipality
- Kinn rank 24–37 of 38 in KOSTRA group 7
- 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
- Susanne Santiago Ruiz
- Chair of the board
- Susanne Santiago Ruiz
- Auditor
- BDO AS
- Accountant
- AZETS INSIGHT 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 28 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 74 | 71 | 74 | |
| Rank | 3,356 | 3,118 | 2,017 | |
| Operating margin | 6.4% | 7.6% | 8.1% | |
| Return on assets | 17.8% | 23.7% | 26.4% | |
| Equity ratio | 59.3% | 62.9% | 67.1% | |
| Current ratio | 2.29 | 2.54 | 2.90 | |
| Revenue growth | – | −0.6% | 2.7% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 10.5 MNOK | 10.4 MNOK | 10.7 MNOK |
| Operating profit | 0.7 MNOK | 0.8 MNOK | 0.9 MNOK |
| Profit before tax | 0.7 MNOK | 0.8 MNOK | 0.9 MNOK |
| Net profit | 0.5 MNOK | 0.6 MNOK | 0.7 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 3.8 MNOK | 3.5 MNOK | 3.4 MNOK |
| Current assets | 3.5 MNOK | 3.2 MNOK | 3.2 MNOK |
| Equity | 2.2 MNOK | 2.2 MNOK | 2.3 MNOK |
| Retained earnings | 2.1 MNOK | 2.1 MNOK | 2.2 MNOK |
| Total liabilities | 1.5 MNOK | 1.3 MNOK | 1.1 MNOK |
| Current liabilities | 1.5 MNOK | 1.3 MNOK | 1.1 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 7007836.
Further
Similar companies
- SPIRO SERVICE AS index 74, rank 2,014 · compare
- DYNAMIC CLEANING TECHNOLOGY AS index 74, rank 2,015 · compare
- OLAUSSEN AS index 74, rank 2,016 · compare
- TILHENGERSPESIALISTEN AS index 74, rank 2,018 · compare
- MODELL K9 EQUIPMENT AS index 74, rank 2,021 · compare