CONBELT AS

Org. no. 992398914 · STRANDA · Founded 2008

Score · fiscal year 2025

62of 100

How to read this: the company is ahead of 74 % of small companies in the same sector in 2025. What does this mean?

Rank: 10,161 of 38,670 · Handel

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 72 and solidity 43 out of 100 among small companies in the same sector in 2025. Methodology

Against the sector

CONBELT AS is 12 points above the median for small companies in the same sector in 2025.

Median score 50 among 36,110 companies.

Against small companies in the same sector in 2025: operating margin 7.9% (median 2.5%) and equity ratio 36.4% (median 38.3%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 29 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue8 MNOK3 MNOK
Operating margin 7.9% 2.5% 72 %
Profit margin 6.7% 2.2% shown, not part of the index
Return on assets 14.6% 4.0% 72 %
Equity ratio 36.4% 38.3% 49 %
Debt-to-equity 1.74 0.99 37 %
Current ratio 1.41 1.70 42 %
Revenue growth 88.5% 3.5% 91 %

The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 62, CONBELT AS does better than 74% of small companies in the same sector (36,579 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • CONBELT AS
  • Median: small companies in the same sector
Summary analysis

CONBELT AS has a score of 62 for 2025, rank 10,161 of 38,670 in the sector.

Strongest: Growth: percentile 91 against peers, revenue growth 88.5% against a median of 3.5%. Profitability: percentile 72 against peers, operating margin 7.9% against a median of 2.5%.

No area is clearly below its peers.

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

CONBELT AS had an operating margin of 7.9% and an equity ratio of 36.4% in 2025, and ranks 10,161 of 38,670 in Handel.

From 2024 to 2025: revenue grew by 89% and the operating margin fell from 12.3% to 7.9%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 2 MNOK and 5 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.4 MNOK 10.0 4 MNOK
EV/EBIT Operating profit: 0.6 MNOK
minus net debt 0.0 MNOK
8.0 5 MNOK
P/B Equity: 1.6 MNOK 1.0 2 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 · 2025

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 3.7% 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.

Data quality

No anomalies found in the figures.

Stress test · 2017

Scenario analysis: the sector's weakest year

We have no accounts for 2017, the sector's weakest year, for this company.

The sector's weakest year was 2017, with a median operating margin of −65.6%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability72 weight 30%
Solidity43 weight 25%
Liquidity42 weight 15%
Growth91 weight 15%
Consistency63 weight 15%

Durability: 55 (average over 3 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is CONBELT AS?

The operating margin was 7.9% in 2025, against a median of 2.5% among small companies in the same sector. Return on assets was 14.6%.

How solid is CONBELT AS?

The equity ratio was 36.4% in 2025 (median 38.3%). Debt-to-equity was 1.74 (median 0.99).

What is the liquidity of CONBELT AS like?

The current ratio was 1.41 in 2025 (median 1.70).

How does CONBELT AS compare in Handel?

CONBELT AS ranks 10,161 of 38,670 in Handel for 2025. Among companies of the same size (small companies) it ranks 9,533 of 36,579. Revenue changed by 88.5% from the year before.

From the Central Coordinating Register

Org. no.
992398914
Legal form
AS
Sector
Handel (46.640)
Size tier
small
Employees
0–4 (not registered)
Founded
21 February 2008 18 years in operation
Share capital
0.20 MNOK
Business address
Strandvegen 88, 6200 STRANDA
Municipality
Stranda rank 10–29 of 40 in KOSTRA group 1
Latest accounts filed
2025
Website
www.conbelt.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
Ove Roar Frøysa
Chair of the board
Ove Roar Frøysa
Deputy member
Ruth Olave Nygård Frøysa
Auditor
REVISOR KLOKK AS
Accountant
ØKORÅD FJORD 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?

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Figures last fetched 29 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index475762
Rank19,05013,69710,161
Operating margin3.1%12.3%7.9%
Return on assets4.5%12.5%14.6%
Equity ratio34.8%27.7%36.4%
Current ratio1.271.261.41
Revenue growth–25.5%88.5%

Accounts

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

Key figure202320242025
Operating revenue3.5 MNOK4.3 MNOK8.2 MNOK
Operating profit0.1 MNOK0.5 MNOK0.6 MNOK
Profit before tax0.0 MNOK0.4 MNOK0.6 MNOK
Net profit0.0 MNOK0.4 MNOK0.4 MNOK
Financial expenses0.1 MNOK0.1 MNOK0.1 MNOK
Total assets2.5 MNOK4.4 MNOK4.5 MNOK
Current assets1.9 MNOK3.9 MNOK4.0 MNOK
Equity0.9 MNOK1.2 MNOK1.6 MNOK
Retained earnings0.7 MNOK1.0 MNOK1.4 MNOK
Total liabilities1.6 MNOK3.2 MNOK2.9 MNOK
Current liabilities1.5 MNOK3.1 MNOK2.8 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 7085284.

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