GEONOR AS

Key figures 2024

Revenue

27.8 m kr

Operating profit

1.6 m kr

Operating margin

5.7 %industry median 5.7 %

Equity ratio

31.6 %industry median 33.2 %

Equity

5.4 m kr

The industry

Where the company stands among 61 companies

Among 61 companies in this industry, the top third earned 10.8 % on every krone, against 1.5 % for the weakest third. The spread is 9 percentage points.

We did not find enough companies of roughly the same size to compare within a size band, so this is the whole industry regardless of size. The median company had revenue of 192.2 m kr, against 27.8 m kr here. Read the position with that in mind.

See the full picture for wholesale of mining, construction and civil engineering machinery

How the company stands

Margin says how it went, the balance sheet says how the company stands

Two companies on the same margin can be in entirely different situations. These figures come from the balance sheet and say something about how well the company would take a bad quarter.

1.3Current ratioSound

The company covers what falls due, but without much room. How many kroner the company holds in current assets for every krone falling due within the year. Below 1 means the bills coming due are larger than what there is to pay them with.

2.2Debt to equitySound

The debt is manageable against the equity. How many kroner of debt the company carries per krone of equity. Lower is safer.

11.4Interest coverStrong

Interest is a small part of what the company earns. How many times the operating result covers the interest the company pays.

2.5 m krRetained earningsSound

The company has earned money over time, but less than was put in. How much the company has earned and kept across its whole life, beyond what the owners put in.

Public contracts

Public contracts the company has won

We find no public contracts awarded to the company since 2022. 29.5 % of companies in engroshandel med maskiner og utstyr til bergverksdrift, olje- og gassutvinning og bygge- og anleggsvirksomhet have won at least one in the same period.

Contracts come from Doffin and TED. Our collection is not complete, and TED covers only contracts above the EEA threshold, so the figures are a floor and not a full count. We say what we find, not what exists.

Contract values are reported in euro and converted to kroner at the Norges Bank rate of 10.79 (2026-09-16).

Next step

The figures say where the company stands, not why

The accounts show the result of how the company is run, but say nothing about where in the working day the time and the money disappear. That is only found by walking through the flow itself, from the job coming in to the money being on the account.