Instefjord Asfalt AS

Org. no. 989537229 · Sogndal · Founded 2006 · 11 employees

Score · fiscal year 2024

59of 100

How to read this: the company is ahead of 67 % of companies in the Morning class Small in the same sector in 2024. What does this mean?

Rank in the Morning class Small: 1,769 of 5,342 · What are Morning company classes?
Place in the whole sector: 6,524 of 19,395 · Bygg og anlegg

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 38 and solidity 73 out of 100 among companies in the Morning class Small in the same sector in 2024. Methodology

Against the sector

Instefjord Asfalt AS is 8 points above the median for companies in the Morning class Small in the same sector in 2024.

Median score 51 among 5,342 companies.

Against companies in the Morning class Small in the same sector in 2024: operating margin 3.5% (median 4.7%) and equity ratio 51.0% (median 34.8%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 29 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue23 MNOK19 MNOK
Operating margin 3.5% 4.7% 42 %
Profit margin 3.1% 4.4% shown, not part of the index
Return on assets 5.6% 11.0% 33 %
Equity ratio 51.0% 34.8% 74 %
Debt-to-equity 0.96 1.72 72 %
Current ratio 2.60 1.49 87 %
Revenue growth 19.5% 4.0% 72 %
Revenue per employee2.12 MNOK1.67 MNOK

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

With an index of 59, Instefjord Asfalt AS does better than 67% of companies in the Morning class Small in the same sector (5,342 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Instefjord Asfalt AS
  • Median: companies in the Morning class Small in the same sector
Analysis · 2024

What the numbers say

Instefjord Asfalt AS had an operating margin of 3.5% and an equity ratio of 51.0% in 2024, and ranks 6,524 of 19,395 in Bygg og anlegg.

From 2023 to 2024: went from a loss to a profit before tax and the operating margin rose from −8.2% to 3.5%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 7 MNOK and 8 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.7 MNOK 10.0 7 MNOK
EV/EBIT Operating profit: 0.8 MNOK
minus net debt −1.7 MNOK
8.0 8 MNOK
P/B Equity: 8.1 MNOK 1.0 8 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

No rules were triggered for this year.

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

Financial costs were 2.2% 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 · 2021

Scenario analysis: the sector's weakest year

We have no accounts for 2021, the sector's weakest year, for this company.

The sector's weakest year was 2021, with a median operating margin of 1.8%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability38 weight 30%
Solidity73 weight 25%
Liquidity87 weight 15%
Growth72 weight 15%
Consistency36 weight 15%

Durability: 58 (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 Instefjord Asfalt AS?

The operating margin was 3.5% in 2024, against a median of 4.7% among companies in the Morning class Small in the same sector. Return on assets was 5.6%.

How solid is Instefjord Asfalt AS?

The equity ratio was 51.0% in 2024 (median 34.8%). Debt-to-equity was 0.96 (median 1.72).

What is the liquidity of Instefjord Asfalt AS like?

The current ratio was 2.60 in 2024 (median 1.49).

How does Instefjord Asfalt AS compare in Bygg og anlegg?

Instefjord Asfalt AS ranks 6,524 of 19,395 in Bygg og anlegg for 2024. Among companies in the Morning class Small it is number 1,769 of 5,342. Revenue changed by 19.5% from the year before.

From the Central Coordinating Register

Org. no.
989537229
Legal form
AS
Sector
Bygg og anlegg (42.110)
Morning company class
Small
Employees
11 registered 10 October 2026
Founded
25 February 2006 20 years in operation
Share capital
0.65 MNOK
Business address
Lundevegen 30, 6863 LEIKANGER (SOGNDAL)
Municipality
Sogndal rank 1 of 13 in KOSTRA group 8
Latest accounts filed
2025

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.

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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 29 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index575961
Rank7,3096,5245,876
Operating margin−8.2%3.5%6.8%
Return on assets−12.7%5.6%9.6%
Equity ratio62.4%51.0%51.0%
Current ratio2.012.602.32
Revenue growth–19.5%10.8%

Accounts

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

Key figure202320242025
Operating revenue19.5 MNOK23.3 MNOK25.8 MNOK
Operating profit−1.6 MNOK0.8 MNOK1.7 MNOK
Profit before tax−1.5 MNOK0.7 MNOK1.5 MNOK
Net profit−1.5 MNOK0.7 MNOK1.2 MNOK
Financial expenses0.0 MNOK0.2 MNOK0.2 MNOK
Total assets11.9 MNOK15.9 MNOK18.3 MNOK
Current assets9.0 MNOK10.1 MNOK13.8 MNOK
Equity7.4 MNOK8.1 MNOK9.3 MNOK
Retained earnings6.7 MNOK7.5 MNOK8.7 MNOK
Total liabilities4.5 MNOK7.8 MNOK8.9 MNOK
Current liabilities4.5 MNOK3.9 MNOK5.9 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 6297131.