Swerock AS

Org. no. 983065309 · Verdal · Founded 2001 · 34 employees

Score · fiscal year 2024

17of 100

How to read this: the company is ahead of 3 % of companies in the Morning class Medium in the same sector in 2024. What does this mean?

Rank in the Morning class Medium: 29 of 30 · What are Morning company classes?
Place in the whole sector: 111 of 117 · Bergverk og utvinning

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 14 and solidity 7 out of 100 among companies in the Morning class Medium in the same sector in 2024. Methodology

Against the sector

Swerock AS is 35 points below the median for companies in the Morning class Medium in the same sector in 2024.

Median score 52 among 30 companies.

Against companies in the Morning class Medium in the same sector in 2024: operating margin −1.2% (median 4.8%) and equity ratio 5.1% (median 28.2%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 4 November 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue318 MNOK124 MNOK
Operating margin −1.2% 4.8% 17 %
Profit margin −4.9% 3.9% shown, not part of the index
Return on assets −1.3% 6.7% 10 %
Equity ratio 5.1% 28.2% 10 %
Debt-to-equity 18.69 2.42 4 %
Current ratio 1.37 1.88 34 %
Revenue growth −4.8% 5.4% 31 %
Revenue per employee9.35 MNOK3.36 MNOK

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

With an index of 17, Swerock AS does better than 3% of companies in the Morning class Medium in the same sector (30 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Swerock AS
  • Median: companies in the Morning class Medium in the same sector
Analysis · 2024

What the numbers say

Swerock AS had an operating margin of −1.2% and an equity ratio of 5.1% in 2024, and ranks 111 of 117 in Bergverk og utvinning.

From 2023 to 2024: the equity ratio fell from 11.2% to 5.1%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

One method gives a figure: 14 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −15.7 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −3.8 MNOK 8.0 not meaningful
P/B Equity: 13.7 MNOK 1.0 14 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

  • watch

    The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?

    Based on: Equity ratio 5.1% (median 28.2%).

  • watch

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

    Based on: Profit margin −4.9% (median 3.9%).

  • 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 −1.2% (median 4.8%).

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

Financial costs were 4.8% 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 0.1%. Based on the 4 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability14 weight 30%
Solidity7 weight 25%
Liquidity34 weight 15%
Growth31 weight 15%
Consistency11 weight 15%

Durability: 20 (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 Swerock AS?

The operating margin was −1.2% in 2024, against a median of 4.8% among companies in the Morning class Medium in the same sector. Return on assets was −1.3%. The company made a loss before tax.

How solid is Swerock AS?

The equity ratio was 5.1% in 2024 (median 28.2%). Debt-to-equity was 18.69 (median 2.42).

What is the liquidity of Swerock AS like?

The current ratio was 1.37 in 2024 (median 1.88).

How does Swerock AS compare in Bergverk og utvinning?

Swerock AS ranks 111 of 117 in Bergverk og utvinning for 2024. Among companies in the Morning class Medium it is number 29 of 30. Revenue changed by −4.8% from the year before.

Public contracts

Contracts awarded since 2024
1
Total awarded value since 2024
value not stated
Framework agreements
1
Left out of the total: the value is a ceiling, not actual spend.
DateBuyerNotice ValueCPV
4 April 2024 Bane NOR SF Rammeavtale ballastpukk value not stated 14000000
13 June 2023 Tromsø kommune Pukk og grus 20.0 MNOK 14000000
28 April 2020 Vestfold og Telemark fylkeskommune Asfaltarbeider for Vestfold og Telemark fylkeskommune 2020-01 22.0 MNOK 45233222
1 March 2019 Statens vegvesen Asfaltkontrakter i Region vest 2019 - runde 1 21.3 MNOK 45233222
29 August 2018 Vaksdal Kommune Asfaltarbeider 1.3 MNOK 45233222
10 May 2017 Statens vegvesen Region nord Harstadpakken Parsell: Fv.6 Hagebyvegen, delprosjekt F1 value not stated 45000000

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.
983065309
Legal form
AS
Sector
Bergverk og utvinning (08.120)
Morning company class
Medium
Employees
34 registered 10 October 2026
Founded
13 February 2001 25 years in operation
Share capital
9.00 MNOK
Business address
Venusvegen 21, 7652 VERDAL
Municipality
Verdal rank 19–30 of 38 in KOSTRA group 7
Latest accounts filed
2025
Website
www.peabasfalt.no
LEI
529900LMX1QKF7XGQA66 not renewed (lapsed)

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

Loading roles …

Source: Central Coordinating Register, fetched 31 October 2026. Only names are shown.

Parent company
YIT Oyj (Finland)

Foreign-owned according to GLEIF.

Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 30 October 2026. The parent is the one the company itself reported to GLEIF.

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 4 November 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index221753
Rank10211158
Operating margin−1.1%−1.2%5.5%
Return on assets−1.1%−1.3%8.6%
Equity ratio11.2%5.1%44.3%
Current ratio1.751.373.13
Revenue growth–−4.8%0.7%

Accounts

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

Key figure202320242025
Operating revenue333.9 MNOK318.0 MNOK320.3 MNOK
Operating profit−3.7 MNOK−3.8 MNOK17.5 MNOK
Profit before tax−13.6 MNOK−15.7 MNOK8.1 MNOK
Net profit−47.0 MNOK−15.7 MNOK8.1 MNOK
Financial expenses10.7 MNOK12.2 MNOK11.6 MNOK
Total assets262.9 MNOK269.5 MNOK230.0 MNOK
Current assets151.9 MNOK154.8 MNOK138.1 MNOK
Equity29.3 MNOK13.7 MNOK101.8 MNOK
Retained earnings––1.3 MNOK
Total liabilities233.5 MNOK255.8 MNOK128.1 MNOK
Current liabilities86.5 MNOK112.6 MNOK44.1 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 4 November 2026, accounts id 5733441.