Smartoptics AS
Score · fiscal year 2025
50of 100
How to read this: the company is ahead of 51 % of companies in the Morning class Large in the same sector in 2025. What does this mean?
Rank in the Morning class Large: 264 of 541 · What are Morning company classes?
Place in the whole sector: 11,521 of 22,949 · Handel
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 80 and solidity 10 out of 100 among companies in the Morning class Large in the same sector in 2025. Methodology
Against the sector
Smartoptics AS is at 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 11.3% (median 2.5%) and equity ratio 7.4% (median 30.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 639 MNOK | 1,119 MNOK |
| Operating margin | 11.3% | 2.5% |
| Profit margin | 3.5% | 2.5% |
| Return on assets | 13.9% | 10.2% |
| Equity ratio | 7.4% | 30.9% |
| Debt-to-equity | 12.52 | 2.23 |
| Current ratio | 1.94 | 1.30 |
| Revenue growth | 7.2% | 6.9% |
| Revenue per employee | 79.92 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 50, Smartoptics AS does better than 51% of companies in the Morning class Large in the same sector (541 companies) in 2025.
Score 2023–2025
- Smartoptics AS
- Median: companies in the Morning class Large in the same sector
Smartoptics AS has a score of 50 for 2025, rank 11,521 of 22,949 in the sector.
Strongest: Liquidity: percentile 84 against peers, current ratio 1.94 against a median of 1.30. Profitability: percentile 80 against peers, operating margin 11.3% against a median of 2.5%.
Weakest: Solidity: percentile 10 against peers, equity ratio 7.4% against a median of 30.9%. Consistency: percentile 23 against peers.
Worth a closer look
- The equity ratio is very low. Could the company absorb a bad year, and does it need more equity? Based on: equity ratio 7.4% (median 30.9%).
- What lies behind weak solidity, and will it last?
- What lies behind weak consistency, 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
Smartoptics AS had an operating margin of 11.3% and an equity ratio of 7.4% in 2025, and ranks 11,521 of 22,949 in Handel.
From 2024 to 2025: the operating margin rose from 3.2% to 11.3% and the equity ratio fell from 13.0% to 7.4%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 45 MNOK and 307 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 175 MNOK |
| EV/EBIT | 8.0 | 307 MNOK |
| P/B | 1.0 | 45 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
- watch
The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?
Based on: Equity ratio 7.4% (median 30.9%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 11.0% 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
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 | 80 | weight 30% |
|---|---|---|
| Solidity | 10 | weight 25% |
| Liquidity | 84 | weight 15% |
| Growth | 51 | weight 15% |
| Consistency | 23 | weight 15% |
Durability: 55 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Smartoptics AS?
The operating margin was 11.3% in 2025, against a median of 2.5% among companies in the Morning class Large in the same sector. Return on assets was 13.9%.
How solid is Smartoptics AS?
The equity ratio was 7.4% in 2025 (median 30.9%). Debt-to-equity was 12.52 (median 2.23).
What is the liquidity of Smartoptics AS like?
The current ratio was 1.94 in 2025 (median 1.30).
How does Smartoptics AS compare in Handel?
Smartoptics AS ranks 11,521 of 22,949 in Handel for 2025. Among companies in the Morning class Large it is number 264 of 541. Revenue changed by 7.2% from the year before.
From the Central Coordinating Register
- Org. no.
- 987438266
- Legal form
- AS
- Sector
- Handel (46.500)
- Morning company class
- Large
- Employees
- 8 registered 10 October 2026
- Founded
- 24 September 2004 22 years in operation
- Share capital
- 0.97 MNOK
- Business address
- Akersgata 32, 0180 OSLO
- Municipality
- Oslo rank 63–220 of 357 in Norway
- Latest accounts filed
- 2025
- Website
- www.smartoptics.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
Loading roles …
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 29 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 68 | 48 | 50 | |
| Rank | 4,823 | 12,052 | 11,521 | |
| Operating margin | 14.8% | 3.2% | 11.3% | |
| Return on assets | 36.9% | 19.0% | 13.9% | |
| Equity ratio | 20.3% | 13.0% | 7.4% | |
| Current ratio | 3.84 | 3.39 | 1.94 | |
| Revenue growth | – | −3.7% | 7.2% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 619.9 MNOK | 596.7 MNOK | 639.4 MNOK |
| Operating profit | 92.0 MNOK | 19.2 MNOK | 72.5 MNOK |
| Profit before tax | 91.5 MNOK | 48.5 MNOK | 22.1 MNOK |
| Net profit | 72.3 MNOK | 38.6 MNOK | 17.5 MNOK |
| Financial expenses | 66.5 MNOK | 42.1 MNOK | 61.9 MNOK |
| Total assets | 428.6 MNOK | 477.0 MNOK | 605.9 MNOK |
| Current assets | 398.7 MNOK | 435.2 MNOK | 556.4 MNOK |
| Equity | 87.2 MNOK | 62.2 MNOK | 44.8 MNOK |
| Retained earnings | 64.1 MNOK | 39.1 MNOK | 21.7 MNOK |
| Total liabilities | 341.4 MNOK | 414.8 MNOK | 561.1 MNOK |
| Current liabilities | 103.8 MNOK | 128.2 MNOK | 287.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 7089357.
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