NORGEODESI AS

Org. no. 971052201 · BÆRUM · Founded 1994 · 18 employees

Score · fiscal year 2025

57of 100

How to read this: the company is ahead of 67 % of medium-sized companies in the same sector in 2025. What does this mean?

Rank: 13,582 of 38,670 · Handel

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 92 and solidity 31 out of 100 among medium-sized companies in the same sector in 2025. Methodology

Against the sector

NORGEODESI AS is 8 points above the median for medium-sized companies in the same sector in 2025.

Median score 49 among 2,198 companies.

Against medium-sized companies in the same sector in 2025: operating margin 15.4% (median 3.2%) and equity ratio 22.8% (median 32.6%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 28 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue105 MNOK173 MNOK
Operating margin 15.4% 3.2% 95 %
Profit margin 16.2% 3.2% shown, not part of the index
Return on assets 31.8% 11.6% 90 %
Equity ratio 22.8% 32.6% 32 %
Debt-to-equity 3.39 2.03 31 %
Current ratio 1.28 1.38 41 %
Revenue growth 2.9% 6.8% 35 %
Revenue per employee5.81 MNOK6.45 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, NORGEODESI AS does better than 67% of medium-sized companies in the same sector (2,203 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • NORGEODESI AS
  • Median: medium-sized companies in the same sector
Summary analysis

NORGEODESI AS has a score of 57 for 2025, rank 13,582 of 38,670 in the sector.

Strongest: Profitability: percentile 92 against peers, operating margin 15.4% against a median of 3.2%. Consistency: percentile 69 against peers.

Weakest: Solidity: percentile 31 against peers, equity ratio 22.8% against a median of 32.6%. Growth: percentile 35 against peers, revenue growth 2.9% against a median of 6.8%.

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

NORGEODESI AS had an operating margin of 15.4% and an equity ratio of 22.8% in 2025, and ranks 13,582 of 38,670 in Handel.

From 2024 to 2025: the equity ratio rose from 17.0% to 22.8%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 13 MNOK and 132 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 13.2 MNOK 10.0 132 MNOK
EV/EBIT Operating profit: 16.1 MNOK
minus net debt −0.9 MNOK
8.0 130 MNOK
P/B Equity: 12.5 MNOK 1.0 13 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 · 2025

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 1.3% 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.

Data quality

No anomalies found in the figures.

Stress test · 2017

Scenario analysis: the sector's weakest year

We have no accounts for 2017, the sector's weakest year, for this company.

The sector's weakest year was 2017, with a median operating margin of −65.6%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability92 weight 30%
Solidity31 weight 25%
Liquidity41 weight 15%
Growth35 weight 15%
Consistency69 weight 15%

Durability: 54 (average over 3 years)

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

2025

Questions and answers

How profitable is NORGEODESI AS?

The operating margin was 15.4% in 2025, against a median of 3.2% among medium-sized companies in the same sector. Return on assets was 31.8%.

How solid is NORGEODESI AS?

The equity ratio was 22.8% in 2025 (median 32.6%). Debt-to-equity was 3.39 (median 2.03).

What is the liquidity of NORGEODESI AS like?

The current ratio was 1.28 in 2025 (median 1.38).

How does NORGEODESI AS compare in Handel?

NORGEODESI AS ranks 13,582 of 38,670 in Handel for 2025. Among companies of the same size (medium-sized companies) it ranks 727 of 2,203. Revenue changed by 2.9% from the year before.

Group accounts

The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.

Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.

We do not show the group structure, because open data does not say who owns whom.

Public contracts

Contracts awarded since 2024
3
Total awarded value since 2024
value not stated
1 contracts without a stated value are not in the total.
Framework agreements
2
Left out of the total: the value is a ceiling, not actual spend.
DateBuyerNotice ValueCPV
16 March 2026 Vestland fylkeskommune Anskaffing av landmålingsutstyr 10.0 MNOK (framework) 38200000
27 November 2024 Statens vegvesen Rammeavtale for kjøp av løsning/utstyr/metoder for tilstandsregistrering på-og langs veg value not stated 45233100
13 May 2024 Øygarden kommune Kontraktstildeling - Kjøp av oppmålingsutstyr value not stated 38296000
12 December 2022 Statens vegvesen Anskaffelse av rammeavtale for GNSS-instrumenter, laserskannere, totalstasjoner, nivellerer, GNSS/GIS løsninger mm. 37.5 MNOK (framework) 38200000
14 July 2018 Statens vegvesen Etatsrammeavtale GNSS-instrumenter, laserskannere, totalstasjoner, nivellerer, GNSS/GIS løsninger mm. value not stated 38296000
10 July 2017 Domstoladministrasjonen Rammeavtale - GNSS-utstyr value not stated 38112000

Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.

Source: Doffin (DFØ), fetched 28 October 2026. Winners are matched on organisation number.

Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0

From the Central Coordinating Register

Org. no.
971052201
Legal form
AS · part of a group
Sector
Handel (46.630)
Size tier
medium
Employees
18 registered 10 October 2026
Founded
15 June 1994 32 years in operation
Share capital
0.10 MNOK
Business address
Ringeriksveien 157, 1339 VØYENENGA (BÆRUM)
Municipality
Bærum rank 1 of 11 in KOSTRA group 12
Latest accounts filed
2025
Website
www.norgeodesi.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
Joh Einar Solhaug
Chair of the board
Erik Sverker Lindberg
Board member
Joh Einar Solhaug
Auditor
BHL 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.

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Figures last fetched 28 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index515557
Rank16,80615,11313,582
Operating margin14.8%14.7%15.4%
Return on assets34.0%32.2%31.8%
Equity ratio14.9%17.0%22.8%
Current ratio1.151.171.28
Revenue growth–6.5%2.9%

Accounts

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

Key figure202320242025
Operating revenue95.3 MNOK101.6 MNOK104.5 MNOK
Operating profit14.1 MNOK14.9 MNOK16.1 MNOK
Profit before tax13.4 MNOK15.4 MNOK16.9 MNOK
Net profit10.5 MNOK12.0 MNOK13.2 MNOK
Financial expenses2.0 MNOK1.2 MNOK0.6 MNOK
Total assets45.5 MNOK51.6 MNOK55.1 MNOK
Current assets44.5 MNOK50.2 MNOK54.2 MNOK
Equity6.8 MNOK8.8 MNOK12.5 MNOK
Retained earnings6.4 MNOK8.4 MNOK12.1 MNOK
Total liabilities38.7 MNOK42.8 MNOK42.5 MNOK
Current liabilities38.7 MNOK42.8 MNOK42.5 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 6477783.

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