ISACHSEN ANLEGG AS
The company is in the weakest quarter of its industry
The company kept -4.8 % of every krone in 2025. The median among 53 companies in bygging av veier og motorveier was 3.6 %.
Key figures 2025
- Revenue
- 1.3 bn kr
- Operating profit
- -64.5 m kr
- Operating margin
- -4.8 %industry median 3.6 %
- Equity ratio
- 15.1 %industry median 33.0 %
- Revenue growth
- +15.5 %from the year before
- Equity
- 89.1 m kr
The industry
Where the company stands among 53 companies
Among 53 companies in this industry, the top third earned 11.5 % on every krone, against -5.6 % for the weakest third. The spread is 17 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 87.9 m kr, against 1.3 bn kr here. Read the position with that in mind.
See the full picture for construction of roads and motorways
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.
- 1.1Current 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.
- 5.6Debt to equityWorth a look
- The debt is large against the equity, so little needs to go wrong before the company depends on its bank's goodwill. How many kroner of debt the company carries per krone of equity. Lower is safer.
Public contracts
Public contracts the company has won
We find 18 public contracts awarded to the company between 2022 and 2026. Total stated value is 662 m kr.
| Year | Buyer | Value | Comes up again |
|---|---|---|---|
| 2026 | Statens vegvesen | 117.7 m kr | |
| 2026 | Vestfold fylkeskommune | not stated | |
| 2026 | Statens vegvesen | 53.6 m kr | |
| 2026 | Vestfold fylkeskommune | not stated | |
| 2025 | Statsbygg | not stated | |
| 2025 | Lier Vei, Vann og Avløp Kf | not stated | |
| 2025 | Statens vegvesen | not stated | |
| 2024 | Asker kommune · framework agreement | not stated | |
| 2024 | Oslo kommune v/ Bymiljøetaten | not stated | |
| 2024 | Bane NOR SF | not stated | |
| 2024 | Holmestrand kommune | not stated | |
| 2024 | Tinn kommune | not stated |
and 6 more
A value is stated on 6 of 18 contracts. The total covers only those.
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).
History
How it has developed
| Year | Revenue | Operating profit | Margin |
|---|---|---|---|
| 2025 | 1.3 bn kr | -64.5 m kr | -4.8 % |
| 2023 | 1.2 bn kr | 32.8 m kr | 2.8 % |
| 2022 | 1.1 bn kr | 23.6 m kr | 2.1 % |
| 2021 | 1.1 bn kr | 6.6 m kr | 0.6 % |
| 2020 | 1.5 bn kr | -47.6 m kr | -3.2 % |
| 2019 | 1.7 bn kr | -23.7 m kr | -1.4 % |
| 2018 | 1.8 bn kr | 39.6 m kr | 2.2 % |
| 2017 | 1.3 bn kr | -26.2 m kr | -1.9 % |
| 2016 | 1.5 bn kr | 12.7 m kr | 0.8 % |
| 2015 | 1.4 bn kr | 52.3 m kr | 3.8 % |
| 2014 | 982.3 m kr | 63 m kr | 6.4 % |
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.