AARS INVEST AS
Score · fiscal year 2025
35of 100
How to read this: the company is ahead of 25 % of small companies in the same sector in 2025. What does this mean?
Rank: 24,723 of 32,582 · Bygg og anlegg
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 21 and solidity 69 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
AARS INVEST AS is 15 points below the median for small companies in the same sector in 2025.
Median score 50 among 31,472 companies.
Against small companies in the same sector in 2025: operating margin −10,419.0% (median 3.7%) and equity ratio 61.7% (median 36.5%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 0 MNOK | 3 MNOK |
| Operating margin | −10,419.0% | 3.7% |
| Profit margin | −32,875.9% | 3.4% |
| Return on assets | 2.3% | 5.7% |
| Equity ratio | 61.7% | 36.5% |
| Debt-to-equity | 0.62 | 1.20 |
| Current ratio | 0.18 | 1.45 |
| Revenue growth | 6.7% | 3.0% |
The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 35, AARS INVEST AS does better than 25% of small companies in the same sector (31,720 companies) in 2025.
Score 2023–2025
- AARS INVEST AS
- Median: small companies in the same sector
AARS INVEST AS has a score of 35 for 2025, rank 24,723 of 32,582 in the sector.
Strongest: Solidity: percentile 69 against peers, equity ratio 61.7% against a median of 36.5%.
Weakest: Liquidity: percentile 7 against peers, current ratio 0.18 against a median of 1.45. Consistency: percentile 12 against peers.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 5.5 times current assets. Based on: current ratio 0.18 (median 1.45).
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −32,875.9% (median 3.4%).
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin −10,419.0% (median 3.7%).
- What lies behind weak consistency, 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
AARS INVEST AS had an operating margin of −10,419.0% and an equity ratio of 61.7% in 2025, and ranks 24,723 of 32,582 in Bygg og anlegg.
From 2024 to 2025: the operating margin rose from −24,642.8% to −10,419.0% and the equity ratio fell from 75.2% to 61.7%.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 1,241 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 1,241 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
- critical
Consider strengthening liquidity: current liabilities are 5.5 times current assets.
Based on: Current ratio 0.18 (median 1.45).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −32,875.9% (median 3.4%).
- 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 −10,419.0% (median 3.7%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 24.6% 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
- watch Extreme margin: check 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 2.5%. 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 | 21 | weight 30% |
|---|---|---|
| Solidity | 69 | weight 25% |
| Liquidity | 7 | weight 15% |
| Growth | 55 | weight 15% |
| Consistency | 12 | weight 15% |
Durability: 46 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is AARS INVEST AS?
The operating margin was −10,419.0% in 2025, against a median of 3.7% among small companies in the same sector. Return on assets was 2.3%. The company made a loss before tax.
How solid is AARS INVEST AS?
The equity ratio was 61.7% in 2025 (median 36.5%). Debt-to-equity was 0.62 (median 1.20).
What is the liquidity of AARS INVEST AS like?
The current ratio was 0.18 in 2025 (median 1.45). Current assets did not cover current liabilities.
How does AARS INVEST AS compare in Bygg og anlegg?
AARS INVEST AS ranks 24,723 of 32,582 in Bygg og anlegg for 2025. Among companies of the same size (small companies) it ranks 23,817 of 31,720. Revenue changed by 6.7% from the year before.
From the Central Coordinating Register
- Org. no.
- 974412063
- Legal form
- AS
- Sector
- Bygg og anlegg (43.210)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 5 April 1995 31 years in operation
- Share capital
- 0.80 MNOK
- Business address
- Bygdøy allé 4, 0257 OSLO
- Municipality
- Oslo rank 106–282 of 357 in Norway
- 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
- Morten Christensen
- Chair of the board
- Øyvind Schage Førde
- Board member
- Jon Morten Møller
- Board member
- Harald Møller
- Auditor
- PRICEWATERHOUSECOOPERS AS
Source: Central Coordinating Register, fetched 25 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 | 55 | 47 | 35 | |
| Rank | 11,947 | 17,862 | 24,723 | |
| Operating margin | −11,873.0% | −24,642.8% | −10,419.0% | |
| Return on assets | 6.3% | −5.0% | 2.3% | |
| Equity ratio | 85.1% | 75.2% | 61.7% | |
| Current ratio | 6.73 | 4.02 | 0.18 | |
| Revenue growth | – | 2.4% | 6.7% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.4 MNOK | 0.4 MNOK | 0.4 MNOK |
| Operating profit | −47.3 MNOK | −100.7 MNOK | −45.4 MNOK |
| Profit before tax | −26.5 MNOK | −176.8 MNOK | −143.2 MNOK |
| Net profit | −21.0 MNOK | −168.1 MNOK | −129.4 MNOK |
| Financial expenses | 134.6 MNOK | 89.4 MNOK | 189.4 MNOK |
| Total assets | 1,713.2 MNOK | 1,757.4 MNOK | 2,010.6 MNOK |
| Current assets | 1,706.4 MNOK | 1,750.6 MNOK | 140.0 MNOK |
| Equity | 1,458.2 MNOK | 1,321.0 MNOK | 1,240.8 MNOK |
| Retained earnings | 24.7 MNOK | −143.4 MNOK | −272.8 MNOK |
| Total liabilities | 255.0 MNOK | 436.4 MNOK | 769.9 MNOK |
| Current liabilities | 253.6 MNOK | 435.1 MNOK | 764.3 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 7113743.
Further
Similar companies
- MIDTSKOGEN HOLDING AS index 35, rank 24,721 · compare
- MALER KJETIL ELIASSEN AS index 35, rank 24,722 · compare
- P.E. GAARUD AS index 35, rank 24,724 · compare
- MARIUS WAALE AS index 35, rank 24,725 · compare
- SOLÅS ENTREPRENØRER AS index 35, rank 24,726 · compare