AZETS INSIGHT AS
The company is above the middle of its industry
The company kept 10.7 % of every krone in 2024. The median among 1,622 companies in regnskapsføring og bokføring was 8.7 %.
Key figures 2024
- Revenue
- 1.6 bn kr
- Operating profit
- 167.8 m kr
- Operating margin
- 10.7 %industry median 8.7 %
- Equity ratio
- 9.5 %industry median 19.7 %
- Equity
- 53.4 m kr
The industry
Where the company stands among 1,622 companies
Among 1,622 companies in this industry, the top third earned 22.2 % on every krone, against 0.6 % for the weakest third. The spread is 22 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 4.7 m kr, against 1.6 bn kr here. Read the position with that in mind.
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.
- 1.0Current 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.
- 9.5Debt 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.
- 53.0Interest coverStrong
- Interest is a small part of what the company earns. How many times the operating result covers the interest the company pays.
- -51.4 m krRetained earningsWorth a look
- On balance the company has consumed more than it has earned. The paid-in capital has funded operations. 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 8 public contracts awarded to the company between 2022 and 2025. Total stated value is 14.1 m kr.
| Year | Buyer | Value | Comes up again |
|---|---|---|---|
| 2025 | Høgskolen i Østfold | not stated | |
| 2025 | Ruter AS | 14.1 m kr | |
| 2025 | Norges Handelshøyskole | not stated | |
| 2024 | Sykehusbygg HF | not stated | |
| 2024 | Lier kommune | not stated | |
| 2024 | Nye Veier | not stated | |
| 2022 | Ringerike Boligstiftelse | 1 kr | |
| 2022 | Stavanger Konserthus Iks | 1 kr |
A value is stated on 3 of 8 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).
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.