Lindset Entreprenør AS

Org. no. 998477883 · Vestnes · Founded 2012 · 20 employees

Score · fiscal year 2025

79of 100

How to read this: the company is ahead of 96 % of companies in the Morning class Small in the same sector in 2025. What does this mean?

Rank in the Morning class Small: 228 of 5,567 · What are Morning company classes?
Place in the whole sector: 870 of 20,428 · Bygg og anlegg

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 85 and solidity 89 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology

Against the sector

Lindset Entreprenør AS is 28 points above the median for companies in the Morning class Small in the same sector in 2025.

Median score 51 among 5,567 companies.

Against companies in the Morning class Small in the same sector in 2025: operating margin 15.5% (median 4.5%) and equity ratio 66.9% (median 34.2%).

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 revenue42 MNOK19 MNOK
Operating margin 15.5% 4.5% 90 %
Profit margin 15.5% 4.3% shown, not part of the index
Return on assets 24.5% 11.0% 79 %
Equity ratio 66.9% 34.2% 90 %
Debt-to-equity 0.50 1.72 89 %
Current ratio 2.00 1.48 74 %
Revenue growth 23.8% 6.0% 74 %
Revenue per employee2.11 MNOK1.70 MNOK

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

With an index of 79, Lindset Entreprenør AS does better than 96% of companies in the Morning class Small in the same sector (5,567 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Lindset Entreprenør AS
  • Median: companies in the Morning class Small in the same sector
Summary analysis

Lindset Entreprenør AS has a score of 79 for 2025, rank 870 of 20,428 in the sector.

Strongest: Solidity: percentile 89 against peers, equity ratio 66.9% against a median of 34.2%. Profitability: percentile 85 against peers, operating margin 15.5% against a median of 4.5%.

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

Lindset Entreprenør AS had an operating margin of 15.5% and an equity ratio of 66.9% in 2025, and ranks 870 of 20,428 in Bygg og anlegg.

From 2024 to 2025: the operating margin rose from 2.6% to 15.5% and revenue grew by 24%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 18 MNOK and 61 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 5.1 MNOK 10.0 51 MNOK
EV/EBIT Operating profit: 6.6 MNOK
minus net debt −8.1 MNOK
8.0 61 MNOK
P/B Equity: 17.9 MNOK 1.0 18 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 0.0% 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.

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 · 2025

What the score is made of

Profitability85 weight 30%
Solidity89 weight 25%
Liquidity74 weight 15%
Growth74 weight 15%
Consistency59 weight 15%

Durability: 65 (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 Lindset Entreprenør AS?

The operating margin was 15.5% in 2025, against a median of 4.5% among companies in the Morning class Small in the same sector. Return on assets was 24.5%.

How solid is Lindset Entreprenør AS?

The equity ratio was 66.9% in 2025 (median 34.2%). Debt-to-equity was 0.50 (median 1.72).

What is the liquidity of Lindset Entreprenør AS like?

The current ratio was 2.00 in 2025 (median 1.48).

How does Lindset Entreprenør AS compare in Bygg og anlegg?

Lindset Entreprenør AS ranks 870 of 20,428 in Bygg og anlegg for 2025. Among companies in the Morning class Small it is number 228 of 5,567. Revenue changed by 23.8% from the year before.

Public contracts

Contracts awarded since 2024
1
Total awarded value since 2024
value not stated
Framework agreements
1
Left out of the total: the value is a ceiling, not actual spend.
DateBuyerNotice ValueCPV
21 December 2024 Ålesund kommune Anskaffelse - Maskinentreprenør og fagarbeidere, 2024 215.0 MNOK (framework) 43000000
15 October 2020 Ålesund kommune Anskaffelse - Graving og massetransport, 2020. Ålesund kommune region ytre value not stated 45000000

Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.

Source: Doffin (DFØ), fetched 27 October 2026. Winners are matched on organisation number.

Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0

From the Central Coordinating Register

Org. no.
998477883
Legal form
AS
Sector
Bygg og anlegg (43.120)
Morning company class
Small
Employees
20 registered 10 October 2026
Founded
25 May 2012 14 years in operation
Share capital
1.00 MNOK
Business address
Neremsvegen 107, 6391 TRESFJORD (VESTNES)
Municipality
Vestnes rank 11–29 of 39 in KOSTRA group 4
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

Chair of the board
Knut Steinar Lindset
Deputy member
Aleksander Lindset
Auditor
BDO AS
Accountant
V-Økonomi 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.

Report an issue

Figures last fetched 29 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index615479
Rank6,2138,372870
Operating margin2.7%2.6%15.5%
Return on assets4.7%4.2%24.5%
Equity ratio60.9%60.9%66.9%
Current ratio1.691.622.00
Revenue growth–−4.5%23.8%

Accounts

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

Key figure202320242025
Operating revenue35.7 MNOK34.1 MNOK42.2 MNOK
Operating profit0.9 MNOK0.9 MNOK6.6 MNOK
Profit before tax0.9 MNOK0.9 MNOK6.6 MNOK
Net profit0.7 MNOK0.7 MNOK5.1 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets20.0 MNOK21.0 MNOK26.8 MNOK
Current assets13.2 MNOK13.3 MNOK17.7 MNOK
Equity12.2 MNOK12.8 MNOK17.9 MNOK
Retained earnings8.8 MNOK9.4 MNOK14.5 MNOK
Total liabilities7.8 MNOK8.2 MNOK8.9 MNOK
Current liabilities7.8 MNOK8.2 MNOK8.9 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 6673368.