Workman AS
Accounts for 2025 are missing. The deadline was 31 July 2026. The Brønnøysund Register Centre does not publish when accounts arrived, only the latest year filed.
Score · fiscal year 2024
29of 100
How to read this: the company is ahead of 15 % of companies in the Morning class Medium in the same sector in 2024. What does this mean?
Rank in the Morning class Medium: 1,470 of 1,723 · What are Morning company classes?
Place in the whole sector: 16,015 of 19,404 · Bygg og anlegg
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 13 and solidity 32 out of 100 among companies in the Morning class Medium in the same sector in 2024. Methodology
Against the sector
Workman AS is 22 points below the median for companies in the Morning class Medium in the same sector in 2024.
Median score 51 among 1,723 companies.
Against companies in the Morning class Medium in the same sector in 2024: operating margin −0.3% (median 4.6%) and equity ratio 23.2% (median 30.1%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 63 MNOK | 90 MNOK |
| Operating margin | −0.3% | 4.6% |
| Profit margin | −0.4% | 4.6% |
| Return on assets | −0.9% | 11.8% |
| Equity ratio | 23.2% | 30.1% |
| Debt-to-equity | 3.31 | 2.28 |
| Current ratio | 1.37 | 1.39 |
| Revenue growth | −20.1% | 5.7% |
| Revenue per employee | 0.87 MNOK | 2.48 MNOK |
The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 29, Workman AS does better than 15% of companies in the Morning class Medium in the same sector (1,723 companies) in 2024.
Score 2022–2024
- Workman AS
- Median: companies in the Morning class Medium in the same sector
Workman AS has a score of 29 for 2024, rank 16,015 of 19,404 in the sector.
Strongest: Consistency: percentile 55 against peers.
Weakest: Growth: percentile 12 against peers, revenue growth −20.1% against a median of 5.7%. Profitability: percentile 13 against peers, operating margin −0.3% against a median of 4.6%.
Worth a closer look
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −0.4% (median 4.6%).
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin −0.3% (median 4.6%).
- What lies behind weak growth, and will it last?
- What lies behind weak profitability, 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
Workman AS had an operating margin of −0.3% and an equity ratio of 23.2% in 2024, and ranks 16,015 of 19,404 in Bygg og anlegg.
From 2023 to 2024: went from a profit to a loss before tax and revenue fell by 20%.
This text is generated automatically from the 2024 accounts.
Three simple methods
One method gives a figure: 4 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 4 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 company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −0.4% (median 4.6%).
- 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 −0.3% (median 4.6%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.7% 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.
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
What the score is made of
| Profitability | 13 | weight 30% |
|---|---|---|
| Solidity | 32 | weight 25% |
| Liquidity | 48 | weight 15% |
| Growth | 12 | weight 15% |
| Consistency | 55 | weight 15% |
Durability: 35 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Workman AS?
The operating margin was −0.3% in 2024, against a median of 4.6% among companies in the Morning class Medium in the same sector. Return on assets was −0.9%. The company made a loss before tax.
How solid is Workman AS?
The equity ratio was 23.2% in 2024 (median 30.1%). Debt-to-equity was 3.31 (median 2.28).
What is the liquidity of Workman AS like?
The current ratio was 1.37 in 2024 (median 1.39).
How does Workman AS compare in Bygg og anlegg?
Workman AS ranks 16,015 of 19,404 in Bygg og anlegg for 2024. Among companies in the Morning class Medium it is number 1,470 of 1,723. Revenue changed by −20.1% from the year before.
From the Central Coordinating Register
- Org. no.
- 997306503
- Legal form
- AS
- Sector
- Bygg og anlegg (41.000)
- Morning company class
- Medium
- Employees
- 72 registered 10 October 2026
- Founded
- 8 September 2011 15 years in operation
- Share capital
- 0.03 MNOK
- Business address
- v/ Collektivet AS, Construction City, Standardveien 1, 0581 OSLO
- Municipality
- Oslo rank 63–220 of 357 in Norway
- Latest accounts filed
- 2024
- Website
- www.wman.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
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 · 2022–2024
| Key figure | 2022 | 2023 | 2024 | Trend |
|---|---|---|---|---|
| Index | 36 | 41 | 29 | |
| Rank | 199 | 11,783 | 16,015 | |
| Operating margin | 0.5% | 3.2% | −0.3% | |
| Return on assets | 2.1% | 13.2% | −0.9% | |
| Equity ratio | 13.3% | 23.2% | 23.2% | |
| Current ratio | 0.97 | 1.15 | 1.37 | |
| Revenue growth | – | −5.5% | −20.1% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2022 | 2023 | 2024 |
|---|---|---|---|
| Operating revenue | 83.2 MNOK | 78.6 MNOK | 62.8 MNOK |
| Operating profit | 0.4 MNOK | 2.6 MNOK | −0.2 MNOK |
| Profit before tax | 0.4 MNOK | 2.5 MNOK | −0.3 MNOK |
| Net profit | 0.4 MNOK | 1.7 MNOK | −0.2 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.1 MNOK |
| Total assets | 21.0 MNOK | 19.4 MNOK | 18.4 MNOK |
| Current assets | 17.6 MNOK | 17.1 MNOK | 16.7 MNOK |
| Equity | 2.8 MNOK | 4.5 MNOK | 4.3 MNOK |
| Retained earnings | 2.8 MNOK | 4.5 MNOK | 4.2 MNOK |
| Total liabilities | 18.2 MNOK | 14.9 MNOK | 14.1 MNOK |
| Current liabilities | 18.2 MNOK | 14.9 MNOK | 12.1 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 6288717.
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