CONCEDO AS
Score · fiscal year 2025
22of 100
How to read this: the company is ahead of 3 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 529 of 584 · Olje og gass
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 5 and solidity 7 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
CONCEDO AS is 29 points below the median for medium-sized companies in the same sector in 2025.
Median score 51 among 132 companies.
Against medium-sized companies in the same sector in 2025: operating margin −30.7% (median 6.3%) and equity ratio 2.3% (median 43.2%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 416 MNOK | 229 MNOK |
| Operating margin | −30.7% | 6.3% |
| Profit margin | −41.8% | 6.0% |
| Return on assets | −10.0% | 9.3% |
| Equity ratio | 2.3% | 43.2% |
| Debt-to-equity | 42.46 | 1.17 |
| Current ratio | 0.64 | 1.32 |
| Revenue growth | 7,517.9% | 4.8% |
| Revenue per employee | 21.91 MNOK | 3.89 MNOK |
The median and “ahead of” refer to medium-sized companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 22, CONCEDO AS does better than 3% of medium-sized companies in the same sector (132 companies) in 2025.
Score 2023–2025
- CONCEDO AS
- Median: medium-sized companies in the same sector
What the numbers say
CONCEDO AS had an operating margin of −30.7% and an equity ratio of 2.3% in 2025, and ranks 529 of 584 in Olje og gass.
From 2024 to 2025: the operating margin rose from −2,739.8% to −30.7% and revenue grew by 7,518%.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 28 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 28 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 2.3% (median 43.2%).
- watch
Consider strengthening liquidity: current liabilities are 1.6 times current assets.
Based on: Current ratio 0.64 (median 1.32).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −41.8% (median 6.0%).
- 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 −30.7% (median 6.3%).
- 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 7,517.9% (median 4.8%); Current ratio 0.64 (median 1.32).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
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 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 5 | weight 30% |
|---|---|---|
| Solidity | 7 | weight 25% |
| Liquidity | 15 | weight 15% |
| Growth | 100 | weight 15% |
| Consistency | 8 | weight 15% |
Durability: 26 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is CONCEDO AS?
The operating margin was −30.7% in 2025, against a median of 6.3% among medium-sized companies in the same sector. Return on assets was −10.0%. The company made a loss before tax.
How solid is CONCEDO AS?
The equity ratio was 2.3% in 2025 (median 43.2%). Debt-to-equity was 42.46 (median 1.17).
What is the liquidity of CONCEDO AS like?
The current ratio was 0.64 in 2025 (median 1.32). Current assets did not cover current liabilities.
How does CONCEDO AS compare in Olje og gass?
CONCEDO AS ranks 529 of 584 in Olje og gass for 2025. Among companies of the same size (medium-sized companies) it ranks 128 of 132. Revenue changed by 7,517.9% from the year before.
From the Central Coordinating Register
- Org. no.
- 988217867
- Legal form
- AS · part of a group
- Sector
- Olje og gass (06.100)
- Size tier
- medium
- Employees
- 19 registered 10 August 2026
- Founded
- 1 April 2005 21 years in operation
- Share capital
- 15.65 MNOK
- Business address
- c/o Torvgården, Torvveien 1, 1383 ASKER
- Municipality
- Asker rank 2 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
- Website
- www.concedo.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
- Geir Lunde
- Chair of the board
- Torstein Sanness
- Board member
- Jonas Ulrik Rydell
- Auditor
- DELOITTE AS
- Accountant
- ADMENTO 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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 30 | 25 | 22 | |
| Rank | 453 | 513 | 529 | |
| Operating margin | – | −2,739.8% | −30.7% | |
| Return on assets | −66.7% | −15.1% | −10.0% | |
| Equity ratio | 38.6% | 19.3% | 2.3% | |
| Current ratio | 1.59 | 3.12 | 0.64 | |
| Revenue growth | – | – | 7,517.9% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | – | 5.5 MNOK | 416.2 MNOK |
| Operating profit | −389.8 MNOK | −149.7 MNOK | −127.6 MNOK |
| Profit before tax | −392.8 MNOK | −160.0 MNOK | −174.0 MNOK |
| Net profit | −88.4 MNOK | −40.9 MNOK | −148.8 MNOK |
| Financial expenses | 16.4 MNOK | 22.2 MNOK | 51.8 MNOK |
| Total assets | 564.1 MNOK | 915.5 MNOK | 1,226.3 MNOK |
| Current assets | 450.6 MNOK | 362.6 MNOK | 433.3 MNOK |
| Equity | 218.0 MNOK | 177.0 MNOK | 28.2 MNOK |
| Retained earnings | −13.0 MNOK | −54.0 MNOK | −202.8 MNOK |
| Total liabilities | 346.1 MNOK | 738.5 MNOK | 1,198.0 MNOK |
| Current liabilities | 283.0 MNOK | 116.4 MNOK | 672.4 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6884148.
Further
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