Certego AS
Score · fiscal year 2025
48of 100
How to read this: the company is ahead of 46 % of companies in the Morning class Large in the same sector in 2025. What does this mean?
Rank in the Morning class Large: 295 of 541 · What are Morning company classes?
Place in the whole sector: 12,498 of 22,952 · Handel
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 67 and solidity 28 out of 100 among companies in the Morning class Large in the same sector in 2025. Methodology
Against the sector
Certego AS is 2 points below the median for companies in the Morning class Large in the same sector in 2025.
Median score 50 among 541 companies.
Against companies in the Morning class Large in the same sector in 2025: operating margin 5.3% (median 2.5%) and equity ratio 19.2% (median 30.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 662 MNOK | 1,119 MNOK |
| Operating margin | 5.3% | 2.5% |
| Profit margin | 4.8% | 2.5% |
| Return on assets | 10.9% | 10.2% |
| Equity ratio | 19.2% | 30.9% |
| Debt-to-equity | 4.20 | 2.23 |
| Current ratio | 1.73 | 1.30 |
| Revenue growth | −2.1% | 6.9% |
| Revenue per employee | 2.17 MNOK | 12.49 MNOK |
The median and “ahead of” refer to companies in the Morning class Large in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 48, Certego AS does better than 46% of companies in the Morning class Large in the same sector (541 companies) in 2025.
Score 2023–2025
- Certego AS
- Median: companies in the Morning class Large in the same sector
Certego AS has a score of 48 for 2025, rank 12,498 of 22,952 in the sector.
Strongest: Liquidity: percentile 77 against peers, current ratio 1.73 against a median of 1.30. Profitability: percentile 67 against peers, operating margin 5.3% against a median of 2.5%.
Weakest: Growth: percentile 19 against peers, revenue growth −2.1% against a median of 6.9%. Solidity: percentile 28 against peers, equity ratio 19.2% against a median of 30.9%.
Worth a closer look
- What lies behind weak growth, and will it last?
- What lies behind weak solidity, 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
Certego AS had an operating margin of 5.3% and an equity ratio of 19.2% in 2025, and ranks 12,498 of 22,952 in Handel.
No large changes in the key figures from 2024 to 2025.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 69 MNOK and 249 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 249 MNOK |
| EV/EBIT | 8.0 | 182 MNOK |
| P/B | 1.0 | 69 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 2.4% 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
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 1.5%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 67 | weight 30% |
|---|---|---|
| Solidity | 28 | weight 25% |
| Liquidity | 77 | weight 15% |
| Growth | 19 | weight 15% |
| Consistency | 44 | weight 15% |
Durability: 50 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Certego AS?
The operating margin was 5.3% in 2025, against a median of 2.5% among companies in the Morning class Large in the same sector. Return on assets was 10.9%.
How solid is Certego AS?
The equity ratio was 19.2% in 2025 (median 30.9%). Debt-to-equity was 4.20 (median 2.23).
What is the liquidity of Certego AS like?
The current ratio was 1.73 in 2025 (median 1.30).
How does Certego AS compare in Handel?
Certego AS ranks 12,498 of 22,952 in Handel for 2025. Among companies in the Morning class Large it is number 295 of 541. Revenue changed by −2.1% from the year before.
Public contracts
- Contracts awarded since 2024
- 16
- in 14 notices (lots counted separately)
- Total awarded value since 2024
- 4.4 MNOK
- 2 contracts without a stated value are not in the total.
- Framework agreements
- 13
- Left out of the total: the value is a ceiling, not actual spend.
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.
- 977023637
- Legal form
- AS
- Sector
- Handel (46.840)
- Morning company class
- Large
- Employees
- 305 registered 10 September 2026
- Founded
- 2 December 1996 29 years in operation
- Share capital
- 0.50 MNOK
- Business address
- Fabrikkgaten 5, 5059 BERGEN
- Municipality
- Bergen rank 8 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
- Website
- www.certego.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
- Espen Sørgen
- Chair of the board
- Karl Jonas Granath
- Board member
- Espen Vegsund Lie
- Board member
- Tonje Heggem Helstad
- Board member
- Vaida Moreno
- Board member
- Espen Sørgen
- Deputy member
- Robert Alexander Karlman
- Deputy member
- Ann-Iren Myklebust Holmgren
- Auditor
- ERNST & Young AS
- Accountant
- Azets Insight 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 | 50 | 53 | 48 | |
| Rank | 10,557 | 10,033 | 12,498 | |
| Operating margin | 4.3% | 6.1% | 5.3% | |
| Return on assets | 9.3% | 13.2% | 10.9% | |
| Equity ratio | 19.9% | 18.3% | 19.2% | |
| Current ratio | 2.32 | 1.96 | 1.73 | |
| Revenue growth | – | 2.1% | −2.1% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 662.5 MNOK | 676.4 MNOK | 662.0 MNOK |
| Operating profit | 28.6 MNOK | 41.6 MNOK | 35.2 MNOK |
| Profit before tax | 22.2 MNOK | 38.4 MNOK | 31.9 MNOK |
| Net profit | 17.2 MNOK | 29.9 MNOK | 24.9 MNOK |
| Financial expenses | 7.8 MNOK | 7.5 MNOK | 7.0 MNOK |
| Total assets | 321.9 MNOK | 348.4 MNOK | 357.2 MNOK |
| Current assets | 310.3 MNOK | 335.6 MNOK | 312.2 MNOK |
| Equity | 63.9 MNOK | 63.8 MNOK | 68.7 MNOK |
| Retained earnings | 15.0 MNOK | 14.9 MNOK | 19.7 MNOK |
| Total liabilities | 258.0 MNOK | 284.5 MNOK | 288.5 MNOK |
| Current liabilities | 133.9 MNOK | 171.1 MNOK | 179.9 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 6951962.
Further
Similar companies
- Knapphus Energi AS index 48, rank 12,437 · compare
- Asko Øst AS index 48, rank 12,458 · compare
- NG Meny Sør AS index 48, rank 12,517 · compare
- NG Meny Østfold AS index 48, rank 12,531 · compare
- Norsk Medisinaldepot AS index 48, rank 12,566 · compare