GLAMITEC NORGE AS

Org. no. 998213495 · LILLEHAMMER · Founded 2012

Score · fiscal year 2025

60of 100

How to read this: the company is ahead of 71 % of small companies in the same sector in 2025. What does this mean?

Rank: 11,492 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 81 and solidity 31 out of 100 among small companies in the same sector in 2025. Methodology

Against the sector

GLAMITEC NORGE AS is 10 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 7.6% (median 2.5%) and equity ratio 22.4% (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 revenue12 MNOK3 MNOK
Operating margin 7.6% 2.5% 71 %
Profit margin 6.9% 2.2% shown, not part of the index
Return on assets 36.9% 4.0% 91 %
Equity ratio 22.4% 38.3% 38 %
Debt-to-equity 3.45 0.99 23 %
Current ratio 1.41 1.70 42 %
Revenue growth 18.3% 3.5% 74 %

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 60, GLAMITEC NORGE AS does better than 71% of small companies in the same sector (36,579 companies) in 2025.

Over time

Score 2023–2025

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

GLAMITEC NORGE AS has a score of 60 for 2025, rank 11,492 of 38,670 in the sector.

Strongest: Profitability: percentile 81 against peers, operating margin 7.6% against a median of 2.5%. Growth: percentile 74 against peers, revenue growth 18.3% against a median of 3.5%.

Weakest: Solidity: percentile 31 against peers, equity ratio 22.4% against a median of 38.3%.

Worth a closer look

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

GLAMITEC NORGE AS had an operating margin of 7.6% and an equity ratio of 22.4% in 2025, and ranks 11,492 of 38,670 in Handel.

From 2024 to 2025: the equity ratio rose from −5.4% to 22.4% and the operating margin rose from 1.7% to 7.6%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 1 MNOK and 7 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.7 MNOK 10.0 7 MNOK
EV/EBIT Operating profit: 0.9 MNOK
minus net debt 0.2 MNOK
8.0 7 MNOK
P/B Equity: 0.6 MNOK 1.0 1 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 4.5% 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

Profitability81 weight 30%
Solidity31 weight 25%
Liquidity42 weight 15%
Growth74 weight 15%
Consistency71 weight 15%

Durability: 43 (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 GLAMITEC NORGE AS?

The operating margin was 7.6% in 2025, against a median of 2.5% among small companies in the same sector. Return on assets was 36.9%.

How solid is GLAMITEC NORGE AS?

The equity ratio was 22.4% in 2025 (median 38.3%). Debt-to-equity was 3.45 (median 0.99).

What is the liquidity of GLAMITEC NORGE AS like?

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

How does GLAMITEC NORGE AS compare in Handel?

GLAMITEC NORGE AS ranks 11,492 of 38,670 in Handel for 2025. Among companies of the same size (small companies) it ranks 10,778 of 36,579. Revenue changed by 18.3% from the year before.

From the Central Coordinating Register

Org. no.
998213495
Legal form
AS
Sector
Handel (46.490)
Size tier
small
Employees
0–4 (not registered)
Founded
12 March 2012 14 years in operation
Share capital
0.40 MNOK
Business address
Gudbrandsdalsvegen 188, 2619 LILLEHAMMER
Municipality
Lillehammer rank 3–14 of 27 in KOSTRA group 9
Latest accounts filed
2025
Website
www.glamitec.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
Morten Rognhaugen
Chair of the board
Lars Hanstad
Board member
Morten Rognhaugen
Auditor
VALENTOR REVISJON AS
Accountant
ADMENTO 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
Index254460
Rank28,60423,14611,492
Operating margin4.6%1.7%7.6%
Return on assets6.4%10.6%36.9%
Equity ratio−22.2%−5.4%22.4%
Current ratio0.650.831.41
Revenue growth–669.1%18.3%

Accounts

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

Key figure202320242025
Operating revenue1.3 MNOK10.2 MNOK12.1 MNOK
Operating profit0.1 MNOK0.2 MNOK0.9 MNOK
Profit before tax0.0 MNOK0.2 MNOK0.8 MNOK
Net profit0.0 MNOK0.1 MNOK0.7 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.1 MNOK
Total assets0.9 MNOK1.7 MNOK2.5 MNOK
Current assets0.8 MNOK1.5 MNOK1.7 MNOK
Equity−0.2 MNOK−0.1 MNOK0.6 MNOK
Retained earnings−0.6 MNOK−0.5 MNOK0.2 MNOK
Total liabilities1.2 MNOK1.8 MNOK2.0 MNOK
Current liabilities1.2 MNOK1.8 MNOK1.2 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 6974316.

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