Komplett ASA (KOMPL.OL) Stock Analysis & Winston Score
Komplett ASA is a Norwegian online retailer that sells electronics and technology products directly to consumers and businesses. Its product range includes computers, components, gaming gear, smartphones, and home appliances. The company operates primarily in the Nordic countries — Norway, Sweden, and Denmark — and is one of the largest e-commerce electronics retailers in the region. Komplett makes money by selling products online at a markup, though its 7% gross margin reflects the thin-margin nature of electronics retail. The business faces intense competition from global platforms like Amazon and local rivals, which puts constant pressure on pricing and profitability. The company's current negative operating and return-on-capital figures suggest it is spending more than it earns, and the key challenge ahead is whether it can cut costs and grow sales volumes enough to reach sustainable profitability in a highly competitive, price-sensitive market.
Winston Score: 24/100 — Weak
Weak fundamentals across most pillars.
- Quality: Weak (3/30)
- Growth: Mixed (5/20)
- Cash Flow: Weak (1/10)
- Stability: Mixed (4/10)
- Valuation: Data not available (0/10)
- Ownership: Good (10/15)

