ÅDNEGARD AS

Org. no. 998562635 · ÅL · Founded 2012

Score · fiscal year 2025

68of 100

How to read this: the company is ahead of 84 % of small companies in the same sector in 2025. What does this mean?

Rank: 5,245 of 32,582 · Bygg og anlegg

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 90 and solidity 48 out of 100 among small companies in the same sector in 2025. Methodology

Against the sector

ÅDNEGARD AS is 18 points above the median for small companies in the same sector in 2025.

Median score 50 among 31,472 companies.

Against small companies in the same sector in 2025: operating margin 34.9% (median 3.7%) and equity ratio 39.4% (median 36.5%).

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 revenue1 MNOK3 MNOK
Operating margin 34.9% 3.7% 93 %
Profit margin 35.1% 3.4% shown, not part of the index
Return on assets 33.0% 5.7% 87 %
Equity ratio 39.4% 36.5% 53 %
Debt-to-equity 1.54 1.20 43 %
Current ratio 1.65 1.45 57 %
Revenue growth 50.8% 3.0% 83 %

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 68, ÅDNEGARD AS does better than 84% of small companies in the same sector (31,720 companies) in 2025.

Over time

Score 2023–2025

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

ÅDNEGARD AS has a score of 68 for 2025, rank 5,245 of 32,582 in the sector.

Strongest: Profitability: percentile 90 against peers, operating margin 34.9% against a median of 3.7%. Growth: percentile 83 against peers, revenue growth 50.8% against a median of 3.0%.

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

ÅDNEGARD AS had an operating margin of 34.9% and an equity ratio of 39.4% in 2025, and ranks 5,245 of 32,582 in Bygg og anlegg.

From 2024 to 2025: the operating margin rose from 6.6% to 34.9% and revenue grew by 51%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 1 MNOK and 4 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.4 MNOK 10.0 4 MNOK
EV/EBIT Operating profit: 0.5 MNOK
minus net debt −0.1 MNOK
8.0 4 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 0.1% 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 · 2022

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 2.5%. 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

Profitability90 weight 30%
Solidity48 weight 25%
Liquidity57 weight 15%
Growth83 weight 15%
Consistency55 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 ÅDNEGARD AS?

The operating margin was 34.9% in 2025, against a median of 3.7% among small companies in the same sector. Return on assets was 33.0%.

How solid is ÅDNEGARD AS?

The equity ratio was 39.4% in 2025 (median 36.5%). Debt-to-equity was 1.54 (median 1.20).

What is the liquidity of ÅDNEGARD AS like?

The current ratio was 1.65 in 2025 (median 1.45).

How does ÅDNEGARD AS compare in Bygg og anlegg?

ÅDNEGARD AS ranks 5,245 of 32,582 in Bygg og anlegg for 2025. Among companies of the same size (small companies) it ranks 5,100 of 31,720. Revenue changed by 50.8% from the year before.

From the Central Coordinating Register

Org. no.
998562635
Legal form
AS
Sector
Bygg og anlegg (41.000)
Size tier
small
Employees
0–4 (not registered)
Founded
17 April 2012 14 years in operation
Share capital
0.03 MNOK
Business address
Nordbygdvegen 2072, 3570 ÅL
Municipality
Ål rank 2 of 33 in KOSTRA group 5
Audit
Audit opted out from 12 December 2019
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

Chief executive
Einar Ådnegard
Chair of the board
Einar Ådnegard
Deputy member
Siv Kari Klefstad
Accountant
HALLINGDAL ØKONOMISERVICE 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
Index164568
Rank25,93919,0445,245
Operating margin−26.4%6.6%34.9%
Return on assets−22.2%7.5%33.0%
Equity ratio6.5%14.9%39.4%
Current ratio0.681.171.65
Revenue growth–7.8%50.8%

Accounts

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

Key figure202320242025
Operating revenue0.8 MNOK0.9 MNOK1.3 MNOK
Operating profit−0.2 MNOK0.1 MNOK0.5 MNOK
Profit before tax−0.2 MNOK0.1 MNOK0.5 MNOK
Net profit−0.2 MNOK0.1 MNOK0.4 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets1.0 MNOK0.8 MNOK1.4 MNOK
Current assets0.6 MNOK0.8 MNOK1.4 MNOK
Equity0.1 MNOK0.1 MNOK0.6 MNOK
Retained earnings0.0 MNOK0.1 MNOK0.5 MNOK
Total liabilities0.9 MNOK0.7 MNOK0.9 MNOK
Current liabilities0.9 MNOK0.7 MNOK0.9 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 6442641.

Similar companies