Zero AS

Org. no. 950318651 · Vadsø · Founded 1988 · 51 employees

Score · fiscal year 2023

88of 100

How to read this: the company is ahead of 97 % of companies in the Morning class Small in the same sector in 2023. What does this mean?

Rank in the Morning class Small: 209 of 6,798 · What are Morning company classes?
Place in the whole sector: 650 of 21,073 · Handel

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 85 and solidity 92 out of 100 among companies in the Morning class Small in the same sector in 2023. Methodology

Against the sector

Zero AS is 38 points above the median for companies in the Morning class Small in the same sector in 2023.

Median score 50 among 6,798 companies.

Against companies in the Morning class Small in the same sector in 2023: operating margin 13.8% (median 3.2%) and equity ratio 76.5% (median 36.1%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 28 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue41 MNOK20 MNOK
Operating margin 13.8% 3.2% 91 %
Profit margin 14.9% 2.9% shown, not part of the index
Return on assets 22.8% 9.3% 80 %
Equity ratio 76.5% 36.1% 93 %
Debt-to-equity 0.31 1.55 92 %
Current ratio 2.81 1.71 78 %
Revenue growth – 5.0% not compared
Revenue per employee0.81 MNOK2.03 MNOK

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

With an index of 88, Zero AS does better than 97% of companies in the Morning class Small in the same sector (6,798 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Zero AS
  • Median: companies in the Morning class Small in the same sector
Analysis · 2023

What the numbers say

Zero AS had an operating margin of 13.8% and an equity ratio of 76.5% in 2023, and ranks 650 of 21,073 in Handel.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 21 MNOK and 55 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 4.9 MNOK 10.0 49 MNOK
EV/EBIT Operating profit: 5.7 MNOK
minus net debt −9.3 MNOK
8.0 55 MNOK
P/B Equity: 20.6 MNOK 1.0 21 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 13.8% (median 3.2%); Equity ratio 76.5% (median 36.1%); Current ratio 2.81 (median 1.71).

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

Financial costs were 0.0% 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

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

Components · 2023

What the score is made of

Profitability85 weight 30%
Solidity92 weight 25%
Liquidity78 weight 15%
Growth– no data, left out
Consistency95 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2023

Questions and answers

How profitable is Zero AS?

The operating margin was 13.8% in 2023, against a median of 3.2% among companies in the Morning class Small in the same sector. Return on assets was 22.8%.

How solid is Zero AS?

The equity ratio was 76.5% in 2023 (median 36.1%). Debt-to-equity was 0.31 (median 1.55).

What is the liquidity of Zero AS like?

The current ratio was 2.81 in 2023 (median 1.71).

How does Zero AS compare in Handel?

Zero AS ranks 650 of 21,073 in Handel for 2023. Among companies in the Morning class Small it is number 209 of 6,798.

From the Central Coordinating Register

Org. no.
950318651
Legal form
AS
Sector
Handel (47.710)
Morning company class
Small
Employees
51 registered 10 October 2026
Founded
20 April 1988 38 years in operation
Share capital
0.10 MNOK
Business address
Rådhusgata 4, 9800 VADSØ
Municipality
Vadsø rank 2–8 of 9 in KOSTRA group 3
Latest accounts filed
2025
Website
www.zerostores.no

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 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.

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Figures last fetched 28 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index887973
Rank6501,0332,256
Operating margin13.8%9.9%9.3%
Return on assets22.8%18.0%14.7%
Equity ratio76.5%78.5%76.2%
Current ratio2.813.022.87
Revenue growth–8.3%5.3%

Accounts

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

Key figure202320242025
Operating revenue41.3 MNOK44.8 MNOK47.2 MNOK
Operating profit5.7 MNOK4.4 MNOK4.4 MNOK
Profit before tax6.2 MNOK5.5 MNOK5.0 MNOK
Net profit4.9 MNOK4.5 MNOK4.0 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets27.0 MNOK30.7 MNOK34.0 MNOK
Current assets17.8 MNOK20.0 MNOK23.1 MNOK
Equity20.6 MNOK24.1 MNOK25.9 MNOK
Retained earnings20.5 MNOK24.0 MNOK25.8 MNOK
Total liabilities6.3 MNOK6.6 MNOK8.1 MNOK
Current liabilities6.3 MNOK6.6 MNOK8.1 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 4960713.