Protech AS

Org. no. 974385538 · Drammen · Founded 1995

Score · fiscal year 2024

84of 100

How to read this: the company is ahead of 98 % of companies in the Morning class Small in the same sector in 2024. What does this mean?

Rank in the Morning class Small: 133 of 7,172 · What are Morning company classes?
Place in the whole sector: 448 of 22,333 · Handel

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 88 and solidity 79 out of 100 among companies in the Morning class Small in the same sector in 2024. Methodology

Against the sector

Protech AS is 33 points above the median for companies in the Morning class Small in the same sector in 2024.

Median score 51 among 7,172 companies.

Against companies in the Morning class Small in the same sector in 2024: operating margin 10.5% (median 3.0%) and equity ratio 63.0% (median 36.4%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 28 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue15 MNOK20 MNOK
Operating margin 10.5% 3.0% 85 %
Profit margin 11.9% 2.7% shown, not part of the index
Return on assets 33.6% 8.9% 91 %
Equity ratio 63.0% 36.4% 80 %
Debt-to-equity 0.59 1.53 79 %
Current ratio 2.70 1.71 75 %
Revenue growth 42.4% 3.8% 91 %

The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 84, Protech AS does better than 98% of companies in the Morning class Small in the same sector (7,172 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Protech AS
  • Median: companies in the Morning class Small in the same sector
Analysis · 2024

What the numbers say

Protech AS had an operating margin of 10.5% and an equity ratio of 63.0% in 2024, and ranks 448 of 22,333 in Handel.

From 2023 to 2024: the equity ratio rose from 28.6% to 63.0% and revenue grew by 42%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 4 MNOK and 17 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 1.4 MNOK 10.0 14 MNOK
EV/EBIT Operating profit: 1.6 MNOK
minus net debt −4.0 MNOK
8.0 17 MNOK
P/B Equity: 3.8 MNOK 1.0 4 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 · 2024

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 10.5% (median 3.0%); Equity ratio 63.0% (median 36.4%); Current ratio 2.70 (median 1.71).

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

Financial costs were 11.4% of the debt in 2024. The policy rate averaged 4.50 % 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 · 2024

What the score is made of

Profitability88 weight 30%
Solidity79 weight 25%
Liquidity75 weight 15%
Growth91 weight 15%
Consistency84 weight 15%

Durability: 65 (average over 2 years)

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

2024

Questions and answers

How profitable is Protech AS?

The operating margin was 10.5% in 2024, against a median of 3.0% among companies in the Morning class Small in the same sector. Return on assets was 33.6%.

How solid is Protech AS?

The equity ratio was 63.0% in 2024 (median 36.4%). Debt-to-equity was 0.59 (median 1.53).

What is the liquidity of Protech AS like?

The current ratio was 2.70 in 2024 (median 1.71).

How does Protech AS compare in Handel?

Protech AS ranks 448 of 22,333 in Handel for 2024. Among companies in the Morning class Small it is number 133 of 7,172. Revenue changed by 42.4% from the year before.

From the Central Coordinating Register

Org. no.
974385538
Legal form
AS
Sector
Handel (46.640)
Morning company class
Small
Employees
0–4 (not registered)
Founded
24 March 1995 31 years in operation
Share capital
0.10 MNOK
Business address
Rosenkrantzgata 75, 3018 DRAMMEN
Municipality
Drammen rank 10 of 11 in KOSTRA group 12
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
Heidi Engsmyr Nilsen
Chair of the board
Runar Olaf Engsmyr Nilsen
Board member
Heidi Engsmyr Nilsen
Board member
Anne-Lene Nilsen
Auditor
Sigma Revisjon Drammen 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
Index468477
Rank11,9234481,259
Operating margin3.5%10.5%13.8%
Return on assets11.8%33.6%28.5%
Equity ratio28.6%63.0%60.4%
Current ratio1.402.702.52
Revenue growth–42.4%16.5%

Accounts

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

Key figure202320242025
Operating revenue10.5 MNOK14.9 MNOK17.4 MNOK
Operating profit0.4 MNOK1.6 MNOK2.4 MNOK
Profit before tax0.5 MNOK1.8 MNOK2.6 MNOK
Net profit0.5 MNOK1.4 MNOK2.0 MNOK
Financial expenses0.5 MNOK0.3 MNOK0.1 MNOK
Total assets8.3 MNOK6.0 MNOK9.7 MNOK
Current assets8.3 MNOK6.0 MNOK9.7 MNOK
Equity2.4 MNOK3.8 MNOK5.8 MNOK
Retained earnings2.3 MNOK3.7 MNOK5.7 MNOK
Total liabilities5.9 MNOK2.2 MNOK3.8 MNOK
Current liabilities5.9 MNOK2.2 MNOK3.8 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 5637485.

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