PIRANEMA PRODUCTION AS

Org. no. 985973245 · TRONDHEIM · Founded 2003

Score · fiscal year 2024

40of 100

How to read this: the company is ahead of 31 % of small companies in the same sector in 2024. What does this mean?

Rank: 404 of 586 · Olje og gass

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 4 and solidity 59 out of 100 among small companies in the same sector in 2024. Methodology

Against the sector

PIRANEMA PRODUCTION AS is 10 points below the median for small companies in the same sector in 2024.

Median score 50 among 324 companies.

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 margin – 4.2% not compared
Profit margin – 10.1% shown, not part of the index
Return on assets −363.8% 3.4% 4 %
Equity ratio 76.1% 52.4% 64 %
Debt-to-equity 0.31 0.41 54 %
Current ratio 4.18 1.74 69 %
Revenue growth – 3.4% not compared

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 40, PIRANEMA PRODUCTION AS does better than 31% of small companies in the same sector (325 companies) in 2024.

Over time

Score 2023–2025

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

What the numbers say

PIRANEMA PRODUCTION AS had an operating margin of – and an equity ratio of 76.1% in 2024, and ranks 404 of 586 in Olje og gass.

From 2023 to 2024: the equity ratio rose from 9.2% to 76.1% 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

One method gives a figure: 7 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −33.1 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −31.1 MNOK 8.0 not meaningful
P/B Equity: 6.9 MNOK 1.0 7 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 company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin – (median 10.1%).

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

Data quality

  • watch Revenue not reported
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 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability4 weight 30%
Solidity59 weight 25%
Liquidity69 weight 15%
Growth– no data, left out
Consistency52 weight 15%

Durability: 40 (average over 2 years)

Index version 2. Data completeness 85%: the share of the weights that had data.

2024

Questions and answers

How profitable is PIRANEMA PRODUCTION AS?

The operating margin was – in 2024, against a median of 4.2% among small companies in the same sector. Return on assets was −363.8%. The company made a loss before tax.

How solid is PIRANEMA PRODUCTION AS?

The equity ratio was 76.1% in 2024 (median 52.4%). Debt-to-equity was 0.31 (median 0.41).

What is the liquidity of PIRANEMA PRODUCTION AS like?

The current ratio was 4.18 in 2024 (median 1.74).

How does PIRANEMA PRODUCTION AS compare in Olje og gass?

PIRANEMA PRODUCTION AS ranks 404 of 586 in Olje og gass for 2024. Among companies of the same size (small companies) it ranks 223 of 325.

Group accounts

The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.

Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.

We do not show the group structure, because open data does not say who owns whom.

From the Central Coordinating Register

Org. no.
985973245
Legal form
AS · part of a group
Sector
Olje og gass (09.109)
Size tier
small
Employees
0–4 (not registered)
Founded
30 July 2003 23 years in operation
Share capital
40.00 MNOK
Business address
Brattørkaia 17A, 7010 TRONDHEIM
Municipality
Trondheim rank 3–7 of 11 in KOSTRA group 12
Latest accounts filed
2025
Website
www.alterainfra.com

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
Martin Spencer King
Chair of the board
Christopher Allan Brett
Board member
Martin Spencer King
Board member
Anette Øwre-Johnsen
Auditor
ERNST & YOUNG 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.

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index41407
Rank363404566
Operating margin12.4%––
Return on assets4.9%−363.8%−389.6%
Equity ratio9.2%76.1%−274.0%
Current ratio1.104.180.27
Revenue growth–––

Accounts

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

Key figure202320242025
Operating revenue45.7 MNOK––
Operating profit5.7 MNOK−31.1 MNOK−25.0 MNOK
Profit before tax21.4 MNOK−33.1 MNOK−23.3 MNOK
Net profit21.4 MNOK−33.1 MNOK−23.3 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets435.8 MNOK9.1 MNOK6.0 MNOK
Current assets435.8 MNOK9.1 MNOK6.0 MNOK
Equity40.0 MNOK6.9 MNOK−16.4 MNOK
Retained earnings–−33.1 MNOK−56.4 MNOK
Total liabilities395.8 MNOK2.2 MNOK22.4 MNOK
Current liabilities395.8 MNOK2.2 MNOK22.4 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6078461.