Constellation Cold Logistics Norway AS
Score · fiscal year 2025
29of 100
How to read this: the company is ahead of 13 % of companies in the Morning class Medium in the same sector in 2025. What does this mean?
Rank in the Morning class Medium: 506 of 581 · What are Morning company classes?
Place in the whole sector: 2,158 of 2,587 · Transport og lagring
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 84 and solidity 0 out of 100 among companies in the Morning class Medium in the same sector in 2025. Methodology
Against the sector
Constellation Cold Logistics Norway AS is 21 points below the median for companies in the Morning class Medium in the same sector in 2025.
Median score 50 among 581 companies.
Against companies in the Morning class Medium in the same sector in 2025: operating margin 8.7% (median 3.7%) and equity ratio −13.6% (median 29.0%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 104 MNOK | 98 MNOK |
| Operating margin | 8.7% | 3.7% |
| Profit margin | 8.3% | 3.5% |
| Return on assets | 25.2% | 9.8% |
| Equity ratio | −13.6% | 29.0% |
| Debt-to-equity | – | 2.35 |
| Current ratio | 0.40 | 1.31 |
| Revenue growth | −5.5% | 7.8% |
| Revenue per employee | 3.16 MNOK | 2.45 MNOK |
The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 29, Constellation Cold Logistics Norway AS does better than 13% of companies in the Morning class Medium in the same sector (581 companies) in 2025.
Score 2023–2025
- Constellation Cold Logistics Norway AS
- Median: companies in the Morning class Medium in the same sector
Constellation Cold Logistics Norway AS has a score of 29 for 2025, rank 2,158 of 2,587 in the sector.
Strongest: Profitability: percentile 84 against peers, operating margin 8.7% against a median of 3.7%.
Weakest: Solidity: percentile 0 against peers, equity ratio −13.6% against a median of 29.0%. Liquidity: percentile 1 against peers, current ratio 0.40 against a median of 1.31.
Worth a closer look
- Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern? Based on: equity ratio −13.6% (median 29.0%).
- Consider strengthening liquidity: current liabilities are 2.5 times current assets. Based on: current ratio 0.40 (median 1.31).
- 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
Constellation Cold Logistics Norway AS had an operating margin of 8.7% and an equity ratio of −13.6% in 2025, and ranks 2,158 of 2,587 in Transport og lagring.
From 2024 to 2025: went from a loss to a profit before tax and the operating margin rose from −9.5% to 8.7%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 67 MNOK and 73 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 67 MNOK |
| EV/EBIT | 8.0 | 73 MNOK |
| P/B | 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
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 −13.6% (median 29.0%).
- critical
Consider strengthening liquidity: current liabilities are 2.5 times current assets.
Based on: Current ratio 0.40 (median 1.31).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 1.0% 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
- critical Negative equity
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 2.9%. Based on the 8 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 84 | weight 30% |
|---|---|---|
| Solidity | 0 | weight 25% |
| Liquidity | 1 | weight 15% |
| Growth | 12 | weight 15% |
| Consistency | 15 | weight 15% |
Durability: 21 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Constellation Cold Logistics Norway AS?
The operating margin was 8.7% in 2025, against a median of 3.7% among companies in the Morning class Medium in the same sector. Return on assets was 25.2%.
How solid is Constellation Cold Logistics Norway AS?
The equity ratio was −13.6% in 2025 (median 29.0%). Equity is negative, so liabilities exceed assets.
What is the liquidity of Constellation Cold Logistics Norway AS like?
The current ratio was 0.40 in 2025 (median 1.31). Current assets did not cover current liabilities.
How does Constellation Cold Logistics Norway AS compare in Transport og lagring?
Constellation Cold Logistics Norway AS ranks 2,158 of 2,587 in Transport og lagring for 2025. Among companies in the Morning class Medium it is number 506 of 581. Revenue changed by −5.5% from the year before.
From the Central Coordinating Register
- Org. no.
- 986182837
- Legal form
- AS
- Sector
- Transport og lagring (52.100)
- Morning company class
- Medium
- Employees
- 33 registered 10 October 2026
- Founded
- 13 October 2003 23 years in operation
- Share capital
- 0.25 MNOK
- Business address
- Borg Havnevei 12, 1630 GAMLE FREDRIKSTAD
- Municipality
- Fredrikstad rank 11 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
- Website
- www.glacio.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
Loading roles …
Source: Central Coordinating Register, fetched 31 October 2026. Only names are shown.
Shareholders (2025)
- Number of shareholders
- 1 (one owner)
- Largest owner
- 50.0%
- Split
- companies 50% · private persons 0% · foreign 0%
- Owned from the same municipality
- 100%
- Constellation Holding Norway AS · 100.0%
Change 2007–2025:
50% of the shares changed owner (1 new and 18 departed owners).
New owners (companies): Constellation Holding Norway AS
Departed (companies): Aurang Consulting AS, Constellation Transport Norway AS, Esk AS, Ohk AS, Pam Eiendom og Investering AS
Majority owner of: Constellation Cold Logistics Tønsberg AS (100%)
Holds shares in: Constellation Cold Logistics Tønsberg AS (100%)
The owners' shares do not add up to the company's total number of shares in the source.
Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.
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 4 November 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 27 | 7 | 29 | |
| Rank | 1,943 | 2,483 | 2,158 | |
| Operating margin | 6.5% | −9.5% | 8.7% | |
| Return on assets | 18.7% | −28.7% | 25.2% | |
| Equity ratio | −9.1% | −32.1% | −13.6% | |
| Current ratio | 0.64 | 0.50 | 0.40 | |
| Revenue growth | – | 1.1% | −5.5% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 109.2 MNOK | 110.4 MNOK | 104.4 MNOK |
| Operating profit | 7.1 MNOK | −10.5 MNOK | 9.0 MNOK |
| Profit before tax | 6.8 MNOK | −10.4 MNOK | 8.6 MNOK |
| Tax expense | 1.5 MNOK | −2.3 MNOK | 1.9 MNOK |
| Net profit | 5.3 MNOK | −8.1 MNOK | 6.7 MNOK |
| Financial expenses | 0.2 MNOK | 0.1 MNOK | 0.4 MNOK |
| Total assets | 37.6 MNOK | 36.1 MNOK | 35.8 MNOK |
| Current assets | 25.8 MNOK | 23.9 MNOK | 16.2 MNOK |
| Equity | −3.4 MNOK | −11.6 MNOK | −4.9 MNOK |
| Retained earnings | −3.7 MNOK | −11.8 MNOK | −5.1 MNOK |
| Total liabilities | 41.0 MNOK | 47.6 MNOK | 40.7 MNOK |
| Current liabilities | 40.4 MNOK | 47.6 MNOK | 40.5 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 4 November 2026, accounts id 7088314.
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