IOSOLUTIONS AS

Org. no. 981464818 · BJØRNAFJORDEN · Founded 2000

Score · fiscal year 2024

28of 100

How to read this: the company is ahead of 13 % of small companies in the same sector in 2024. What does this mean?

Rank: 286 of 324 · Olje og gass

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 43 and solidity 0 out of 100 among small companies in the same sector in 2024. Methodology

Against the sector

IOSOLUTIONS AS is 22 points below the median for small companies in the same sector in 2024.

Median score 50 among 136 companies.

Against small companies in the same sector in 2024: operating margin 1.3% (median 6.2%) and equity ratio −493.9% (median 39.0%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue4 MNOK18 MNOK
Operating margin 1.3% 6.2% 39 %
Profit margin −0.8% 6.5% shown, not part of the index
Return on assets 10.5% 11.6% 46 %
Equity ratio −493.9% 39.0% 1 %
Debt-to-equity – 0.92 not compared
Current ratio 0.37 1.48 7 %
Revenue growth 57.9% 6.6% 85 %

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

With an index of 28, IOSOLUTIONS AS does better than 13% of small companies in the same sector (136 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • IOSOLUTIONS AS
  • Median: small companies in the same sector
Analysis · 2024

What the numbers say

IOSOLUTIONS AS had an operating margin of 1.3% and an equity ratio of −493.9% in 2024, and ranks 286 of 324 in Olje og gass.

From 2023 to 2024: the equity ratio fell from −256.7% to −493.9% and went from a profit to a loss before tax.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

MethodInputMultipleEstimate
P/E Net profit: 0.0 MNOK 10.0 not meaningful
EV/EBIT Operating profit: 0.1 MNOK
minus net debt 1.6 MNOK
8.0 debt above value
P/B Equity: −2.4 MNOK 1.0 not meaningful

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

  • critical

    Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?

    Based on: Equity ratio −493.9% (median 39.0%).

  • critical

    Consider strengthening liquidity: current liabilities are 2.7 times current assets.

    Based on: Current ratio 0.37 (median 1.48).

  • watch

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin −0.8% (median 6.5%).

  • watch

    Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?

    Based on: Revenue growth 57.9% (median 6.6%); Current ratio 0.37 (median 1.48).

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

Financial costs were 2.9% 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

  • critical Negative equity
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 1.6%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability43 weight 30%
Solidity0 weight 25%
Liquidity7 weight 15%
Growth85 weight 15%
Consistency11 weight 15%

Durability: 27 (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 IOSOLUTIONS AS?

The operating margin was 1.3% in 2024, against a median of 6.2% among small companies in the same sector. Return on assets was 10.5%. The company made a loss before tax.

How solid is IOSOLUTIONS AS?

The equity ratio was −493.9% in 2024 (median 39.0%). Equity is negative, so liabilities exceed assets.

What is the liquidity of IOSOLUTIONS AS like?

The current ratio was 0.37 in 2024 (median 1.48). Current assets did not cover current liabilities.

How does IOSOLUTIONS AS compare in Olje og gass?

IOSOLUTIONS AS ranks 286 of 324 in Olje og gass for 2024. Among companies of the same size (small companies) it ranks 118 of 136. Revenue changed by 57.9% from the year before.

From the Central Coordinating Register

Org. no.
981464818
Legal form
AS
Sector
Olje og gass (09.109)
Size tier
small
Employees
0–4 (not registered)
Founded
8 January 2000 26 years in operation
Share capital
0.10 MNOK
Business address
Lepsøyneset 162, 5216 LEPSØY (BJØRNAFJORDEN)
Municipality
Bjørnafjorden rank 1 of 27 in KOSTRA group 9
Audit
Audit opted out from 15 December 2015
Latest accounts filed
2025
Website
www.iosolutions.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
Pål Hjertholm
Chair of the board
Pål Hjertholm
Deputy member
Marit Kalstad Hjertholm
Accountant
JÆREN REGNSKAP 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.

Report an issue

Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index262814
Rank276286312
Operating margin9.1%1.3%−6.0%
Return on assets25.4%10.5%−64.2%
Equity ratio−256.7%−493.9%−730.8%
Current ratio0.690.370.22
Revenue growth–57.9%−2.5%

Accounts

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

Key figure202320242025
Operating revenue2.6 MNOK4.1 MNOK4.0 MNOK
Operating profit0.2 MNOK0.1 MNOK−0.2 MNOK
Profit before tax0.2 MNOK0.0 MNOK−0.3 MNOK
Net profit0.2 MNOK0.0 MNOK−0.3 MNOK
Financial expenses0.1 MNOK0.1 MNOK0.1 MNOK
Total assets0.9 MNOK0.5 MNOK0.4 MNOK
Current assets0.9 MNOK0.5 MNOK0.3 MNOK
Equity−2.4 MNOK−2.4 MNOK−2.7 MNOK
Retained earnings−2.5 MNOK−2.5 MNOK−2.8 MNOK
Total liabilities3.3 MNOK2.9 MNOK3.1 MNOK
Current liabilities1.3 MNOK1.2 MNOK1.5 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6165461.