GEXSYS AS
Score · fiscal year 2023
89of 100
How to read this: the company is ahead of 98 % of companies in the Morning class Small in the same sector in 2023. What does this mean?
Rank in the Morning class Small: 144 of 6,814 · What are Morning company classes?
Place in the whole sector: 484 of 21,216 · Handel
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 91 and solidity 89 out of 100 among companies in the Morning class Small in the same sector in 2023. Methodology
Against the sector
GEXSYS AS is 39 points above the median for companies in the Morning class Small in the same sector in 2023.
Median score 50 among 6,814 companies.
Against companies in the Morning class Small in the same sector in 2023: operating margin 19.5% (median 3.2%) and equity ratio 72.0% (median 36.2%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 29 MNOK | 20 MNOK |
| Operating margin | 19.5% | 3.2% |
| Profit margin | 19.5% | 2.9% |
| Return on assets | 29.0% | 9.3% |
| Equity ratio | 72.0% | 36.2% |
| Debt-to-equity | 0.39 | 1.55 |
| Current ratio | 3.46 | 1.71 |
| Revenue growth | – | 4.2% |
| Revenue per employee | 1.97 MNOK | 2.03 MNOK |
The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 89, GEXSYS AS does better than 98% of companies in the Morning class Small in the same sector (6,814 companies) in 2023.
Score 2023–2025
- GEXSYS AS
- Median: companies in the Morning class Small in the same sector
What the numbers say
GEXSYS AS had an operating margin of 19.5% and an equity ratio of 72.0% in 2023, and ranks 484 of 21,216 in Handel.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 14 MNOK and 51 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 45 MNOK |
| EV/EBIT | 8.0 | 51 MNOK |
| P/B | 1.0 | 14 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
- positive
Upper quartile on profitability, solidity and liquidity. What sets this company apart from the rest of the sector?
Based on: Operating margin 19.5% (median 3.2%); Equity ratio 72.0% (median 36.2%); Current ratio 3.46 (median 1.71).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.8% of the debt in 2023. The policy rate averaged 3.54 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.
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 | 91 | weight 30% |
|---|---|---|
| Solidity | 89 | weight 25% |
| Liquidity | 86 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 90 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is GEXSYS AS?
The operating margin was 19.5% in 2023, against a median of 3.2% among companies in the Morning class Small in the same sector. Return on assets was 29.0%.
How solid is GEXSYS AS?
The equity ratio was 72.0% in 2023 (median 36.2%). Debt-to-equity was 0.39 (median 1.55).
What is the liquidity of GEXSYS AS like?
The current ratio was 3.46 in 2023 (median 1.71).
How does GEXSYS AS compare in Handel?
GEXSYS AS ranks 484 of 21,216 in Handel for 2023. Among companies in the Morning class Small it is number 144 of 6,814.
From the Central Coordinating Register
- Org. no.
- 990446342
- Legal form
- AS
- Sector
- Handel (46.500)
- Morning company class
- Small
- Employees
- 15 registered 10 June 2026
- Founded
- 24 October 2006 20 years in operation
- Share capital
- 0.88 MNOK
- Business address
- Røynebergsletta 27, 4033 STAVANGER (SOLA)
- Municipality
- Sola rank 2 of 27 in KOSTRA group 9
- Latest accounts filed
- 2025
- Website
- www.gexsys.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
- Egil Solgård
- Chair of the board
- Morten Bøgild
- Board member
- Egil Solgård
- Board member
- Aleksander Myklebust
- Board member
- André Johansen
- Auditor
- KALLESTEN REVISJON OG REGNSKAP AS
- Accountant
- ENORA AS
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 | 89 | 85 | 86 | |
| Rank | 484 | 381 | 222 | |
| Operating margin | 19.5% | 18.8% | 16.3% | |
| Return on assets | 29.0% | 27.3% | 24.5% | |
| Equity ratio | 72.0% | 73.0% | 76.6% | |
| Current ratio | 3.46 | 3.59 | 4.21 | |
| Revenue growth | – | 17.3% | 27.7% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 29.5 MNOK | 34.6 MNOK | 44.2 MNOK |
| Operating profit | 5.8 MNOK | 6.5 MNOK | 7.2 MNOK |
| Profit before tax | 5.7 MNOK | 6.5 MNOK | 7.3 MNOK |
| Net profit | 4.5 MNOK | 5.1 MNOK | 5.7 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.1 MNOK |
| Total assets | 20.0 MNOK | 23.9 MNOK | 30.2 MNOK |
| Current assets | 18.8 MNOK | 22.9 MNOK | 29.6 MNOK |
| Equity | 14.4 MNOK | 17.4 MNOK | 23.1 MNOK |
| Retained earnings | 13.5 MNOK | 16.7 MNOK | 22.4 MNOK |
| Total liabilities | 5.6 MNOK | 6.5 MNOK | 7.1 MNOK |
| Current liabilities | 5.4 MNOK | 6.4 MNOK | 7.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 5398893.
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