KAARE MORTENSEN AS
Score · fiscal year 2025
57of 100
How to read this: the company is ahead of 66 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 11,718 of 32,580 · Bygg og anlegg
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 52 and solidity 77 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
KAARE MORTENSEN AS is 7 points above the median for medium-sized companies in the same sector in 2025.
Median score 50 among 1,024 companies.
Against medium-sized companies in the same sector in 2025: operating margin 5.6% (median 4.6%) and equity ratio 47.0% (median 31.2%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 144 MNOK | 176 MNOK |
| Operating margin | 5.6% | 4.6% |
| Profit margin | 4.6% | 4.6% |
| Return on assets | 9.1% | 10.7% |
| Equity ratio | 47.0% | 31.2% |
| Debt-to-equity | 1.13 | 2.19 |
| Current ratio | 2.19 | 1.36 |
| Revenue growth | −21.1% | 6.6% |
| Revenue per employee | 2.99 MNOK | 3.09 MNOK |
The median and “ahead of” refer to medium-sized companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 57, KAARE MORTENSEN AS does better than 66% of medium-sized companies in the same sector (1,030 companies) in 2025.
Score 2023–2025
- KAARE MORTENSEN AS
- Median: medium-sized companies in the same sector
KAARE MORTENSEN AS has a score of 57 for 2025, rank 11,718 of 32,580 in the sector.
Strongest: Liquidity: percentile 87 against peers, current ratio 2.19 against a median of 1.36. Solidity: percentile 77 against peers, equity ratio 47.0% against a median of 31.2%.
Weakest: Growth: percentile 10 against peers, revenue growth −21.1% against a median of 6.6%.
Worth a closer look
- 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
KAARE MORTENSEN AS had an operating margin of 5.6% and an equity ratio of 47.0% in 2025, and ranks 11,718 of 32,580 in Bygg og anlegg.
From 2024 to 2025: went from a loss to a profit before tax and the operating margin rose from 0.2% to 5.6%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 42 MNOK and 76 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 52 MNOK |
| EV/EBIT | 8.0 | 76 MNOK |
| P/B | 1.0 | 42 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
No rules were triggered for this year.
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 3.1% 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.
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 2.4%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 52 | weight 30% |
|---|---|---|
| Solidity | 77 | weight 25% |
| Liquidity | 87 | weight 15% |
| Growth | 10 | weight 15% |
| Consistency | 52 | weight 15% |
Durability: 57 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is KAARE MORTENSEN AS?
The operating margin was 5.6% in 2025, against a median of 4.6% among medium-sized companies in the same sector. Return on assets was 9.1%.
How solid is KAARE MORTENSEN AS?
The equity ratio was 47.0% in 2025 (median 31.2%). Debt-to-equity was 1.13 (median 2.19).
What is the liquidity of KAARE MORTENSEN AS like?
The current ratio was 2.19 in 2025 (median 1.36).
How does KAARE MORTENSEN AS compare in Bygg og anlegg?
KAARE MORTENSEN AS ranks 11,718 of 32,580 in Bygg og anlegg for 2025. Among companies of the same size (medium-sized companies) it ranks 348 of 1,030. Revenue changed by −21.1% from the year before.
From the Central Coordinating Register
- Org. no.
- 956813301
- Legal form
- AS
- Sector
- Bygg og anlegg (43.120)
- Size tier
- medium
- Employees
- 48 registered 10 October 2026
- Founded
- 1 March 1990 36 years in operation
- Share capital
- 0.20 MNOK
- Business address
- Urdaveien 11, 3274 LARVIK
- Municipality
- Larvik rank 4 of 10 in KOSTRA group 11
- Latest accounts filed
- 2025
- Website
- www.kaaremortensenvestfold.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
- Chief executive
- Ingfrid Svendsen
- Chair of the board
- Cato Werner Nguyen Mortensen
- Board member
- Monica Mortensen
- Auditor
- BDO 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 | 69 | 47 | 57 | |
| Rank | 5,787 | 17,827 | 11,718 | |
| Operating margin | 4.1% | 0.2% | 5.6% | |
| Return on assets | 8.7% | 0.4% | 9.1% | |
| Equity ratio | 46.4% | 43.3% | 47.0% | |
| Current ratio | 1.62 | 1.72 | 2.19 | |
| Revenue growth | – | 0.2% | −21.1% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 181.6 MNOK | 182.0 MNOK | 143.5 MNOK |
| Operating profit | 7.5 MNOK | 0.3 MNOK | 8.1 MNOK |
| Profit before tax | 6.9 MNOK | −0.8 MNOK | 6.7 MNOK |
| Net profit | 5.4 MNOK | −0.6 MNOK | 5.2 MNOK |
| Financial expenses | 0.6 MNOK | 1.2 MNOK | 1.4 MNOK |
| Total assets | 86.2 MNOK | 91.0 MNOK | 88.4 MNOK |
| Current assets | 54.0 MNOK | 59.1 MNOK | 59.9 MNOK |
| Equity | 40.0 MNOK | 39.4 MNOK | 41.5 MNOK |
| Retained earnings | 39.8 MNOK | 39.2 MNOK | 41.3 MNOK |
| Total liabilities | 46.2 MNOK | 51.6 MNOK | 46.8 MNOK |
| Current liabilities | 33.2 MNOK | 34.5 MNOK | 27.3 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 6643519.
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