Preco AS
Score · fiscal year 2025
63of 100
How to read this: the company is ahead of 81 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?
Rank in the Morning class Micro: 50 of 255 · What are Morning company classes?
Place in the whole sector: 203 of 1,006 · Sjøfart
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 44 and solidity 97 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology
Against the sector
Preco AS is 14 points above the median for companies in the Morning class Micro in the same sector in 2025.
Median score 49 among 255 companies.
Against companies in the Morning class Micro in the same sector in 2025: operating margin −135.0% (median 7.3%) and equity ratio 99.2% (median 42.5%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 3 MNOK | 3 MNOK |
| Operating margin | −135.0% | 7.3% |
| Profit margin | 1,812.4% | 8.1% |
| Return on assets | 29.5% | 7.3% |
| Equity ratio | 99.2% | 42.5% |
| Debt-to-equity | 0.01 | 0.80 |
| Current ratio | 98.73 | 1.89 |
| Revenue growth | −27.6% | 4.8% |
| Revenue per employee | 0.50 MNOK | 0.57 MNOK |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 63, Preco AS does better than 81% of companies in the Morning class Micro in the same sector (255 companies) in 2025.
Score 2023–2025
- Preco AS
- Median: companies in the Morning class Micro in the same sector
Preco AS has a score of 63 for 2025, rank 203 of 1,006 in the sector.
Strongest: Liquidity: percentile 98 against peers, current ratio 98.73 against a median of 1.89. Solidity: percentile 97 against peers, equity ratio 99.2% against a median of 42.5%.
Weakest: Growth: percentile 11 against peers, revenue growth −27.6% against a median of 4.8%.
Worth a closer look
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin −135.0% (median 7.3%).
- What lies behind weak growth, 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
Preco AS had an operating margin of −135.0% and an equity ratio of 99.2% in 2025, and ranks 203 of 1,006 in Sjøfart.
From 2024 to 2025: the operating margin fell from −66.4% to −135.0% and revenue fell by 28%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 223 MNOK and 533 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 533 MNOK |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 223 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 operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin −135.0% (median 7.3%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 676.3% 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
- watch Extreme margin: check the figures
Scenario analysis: the sector's weakest year
We have no accounts for 2026, the sector's weakest year, for this company.
The sector's weakest year was 2026, with a median operating margin of 6.1%. Based on the 7 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 44 | weight 30% |
|---|---|---|
| Solidity | 97 | weight 25% |
| Liquidity | 98 | weight 15% |
| Growth | 11 | weight 15% |
| Consistency | 62 | weight 15% |
Durability: 72 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Preco AS?
The operating margin was −135.0% in 2025, against a median of 7.3% among companies in the Morning class Micro in the same sector. Return on assets was 29.5%.
How solid is Preco AS?
The equity ratio was 99.2% in 2025 (median 42.5%). Debt-to-equity was 0.01 (median 0.80).
What is the liquidity of Preco AS like?
The current ratio was 98.73 in 2025 (median 1.89).
How does Preco AS compare in Sjøfart?
Preco AS ranks 203 of 1,006 in Sjøfart for 2025. Among companies in the Morning class Micro it is number 50 of 255. Revenue changed by −27.6% from the year before.
Group accounts · 2025
45 of 100
Rank 45 of 73 groups in the Morning class Large in Sjøfart. Groups are ranked only against other groups in the same sector and class, never against single companies.
- Operating revenue, group
- 909 MNOK
- Operating profit, group
- −69 MNOK
- Profit before tax, group
- −58 MNOK
- Total assets, group
- 750 MNOK
- Equity, group
- 559 MNOK
| Key figure | The group | The company alone (2025) |
|---|---|---|
| Operating margin | −7.6% | −135.0% |
| Return on assets | −4.9% | 29.5% |
| Equity ratio | 74.6% | 99.2% |
| Current ratio | 2.75 | 98.73 |
| Revenue growth | −15.8% | −27.6% |
Group index in earlier years: 2023: 67 (20 of 65), 2024: 48 (41 of 69).
Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.
Source: Brønnøysund Register Centre, group accounts 2025 (open data, NLOD 2.0).
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 952022326
- Legal form
- AS
- Sector
- Sjøfart (50.109)
- Morning company class
- Micro
- Employees
- 6 registered 10 May 2026
- Founded
- 6 March 1989 37 years in operation
- Share capital
- 0.80 MNOK
- Business address
- Tveterveien 23, 1344 HASLUM (BÆRUM)
- Municipality
- Bærum rank 1 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
- LEI
- 25490084HFH5Y6M8AQ39 renews 2 March 2027
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.
- Parent company
- No parent company: owned by persons
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 29 October 2026. The parent is the one the company itself reported to GLEIF.
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 | 78 | 74 | 63 | |
| Rank | 76 | 75 | 203 | |
| Operating margin | −141.7% | −66.4% | −135.0% | |
| Return on assets | 47.2% | 24.9% | 29.5% | |
| Equity ratio | 97.2% | 97.7% | 99.2% | |
| Current ratio | 22.16 | 31.29 | 98.73 | |
| Revenue growth | – | 39.2% | −27.6% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 3.0 MNOK | 4.1 MNOK | 3.0 MNOK |
| Operating profit | −4.2 MNOK | −2.8 MNOK | −4.0 MNOK |
| Profit before tax | 15.5 MNOK | 27.8 MNOK | 54.3 MNOK |
| Net profit | 15.0 MNOK | 26.7 MNOK | 53.3 MNOK |
| Financial expenses | 65.2 MNOK | 18.7 MNOK | 11.8 MNOK |
| Total assets | 170.9 MNOK | 187.1 MNOK | 224.4 MNOK |
| Current assets | 104.8 MNOK | 132.8 MNOK | 172.1 MNOK |
| Equity | 166.2 MNOK | 182.9 MNOK | 222.7 MNOK |
| Retained earnings | 162.4 MNOK | 179.1 MNOK | 218.9 MNOK |
| Total liabilities | 4.7 MNOK | 4.2 MNOK | 1.7 MNOK |
| Current liabilities | 4.7 MNOK | 4.2 MNOK | 1.7 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 7162015.
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