AS ABEL

Org. no. 821589282 · Bergen · Founded 2018

Score · fiscal year 2025

78of 100

How to read this: the company is ahead of 96 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?

Rank in the Morning class Micro: 204 of 5,733 · What are Morning company classes?
Place in the whole sector: 245 of 7,245 · Eiendom

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 85 and solidity 97 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology

Against the sector

AS ABEL is 29 points above the median for companies in the Morning class Micro in the same sector in 2025.

Median score 49 among 5,732 companies.

Against companies in the Morning class Micro in the same sector in 2025: operating margin 82.1% (median 47.9%) and equity ratio 96.7% (median 27.6%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 30 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue2 MNOK2 MNOK
Operating margin 82.1% 47.9% 92 %
Profit margin 93.7% 24.1% shown, not part of the index
Return on assets 16.5% 7.8% 79 %
Equity ratio 96.7% 27.6% 97 %
Debt-to-equity 0.03 2.17 97 %
Current ratio 11.59 1.42 89 %
Revenue growth 0.0% 3.0% 30 %

The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 78, AS ABEL does better than 96% of companies in the Morning class Micro in the same sector (5,733 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • AS ABEL
  • Median: companies in the Morning class Micro in the same sector
Summary analysis

AS ABEL has a score of 78 for 2025, rank 245 of 7,245 in the sector.

Strongest: Solidity: percentile 97 against peers, equity ratio 96.7% against a median of 27.6%. Liquidity: percentile 89 against peers, current ratio 11.59 against a median of 1.42.

Weakest: Growth: percentile 30 against peers, revenue growth 0.0% against a median of 3.0%.

Worth a closer look

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

AS ABEL had an operating margin of 82.1% and an equity ratio of 96.7% in 2025, and ranks 245 of 7,245 in Eiendom.

No large changes in the key figures from 2024 to 2025.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 10 MNOK and 16 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 1.3 MNOK 10.0 13 MNOK
EV/EBIT Operating profit: 1.5 MNOK
minus net debt −4.0 MNOK
8.0 16 MNOK
P/B Equity: 10.0 MNOK 1.0 10 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

  • positive

    Upper quartile on profitability, solidity and liquidity. What sets this company apart from the rest of the sector?

    Based on: Operating margin 82.1% (median 47.9%); Equity ratio 96.7% (median 27.6%); Current ratio 11.59 (median 1.42).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 0.6% 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.

See interest rates, prices and exchange rates for the sector

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 31.0%. Based on the 9 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability85 weight 30%
Solidity97 weight 25%
Liquidity89 weight 15%
Growth30 weight 15%
Consistency67 weight 15%

Durability: 82 (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 AS ABEL?

The operating margin was 82.1% in 2025, against a median of 47.9% among companies in the Morning class Micro in the same sector. Return on assets was 16.5%.

How solid is AS ABEL?

The equity ratio was 96.7% in 2025 (median 27.6%). Debt-to-equity was 0.03 (median 2.17).

What is the liquidity of AS ABEL like?

The current ratio was 11.59 in 2025 (median 1.42).

How does AS ABEL compare in Eiendom?

AS ABEL ranks 245 of 7,245 in Eiendom for 2025. Among companies in the Morning class Micro it is number 204 of 5,733. Revenue changed by 0.0% from the year before.

From the Central Coordinating Register

Org. no.
821589282
Legal form
AS
Sector
Eiendom (68.200)
Morning company class
Micro
Employees
0–4 (not registered)
Founded
28 September 2018 8 years in operation
Share capital
0.03 MNOK
Business address
Forskjønnelsen 9, 5022 BERGEN
Municipality
Bergen rank 8 of 11 in KOSTRA group 12
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
Arne Broder Lund
Chair of the board
Arne Broder Lund
Deputy member
Georg Skare Lund
Auditor
Bergen Revisjon AS

Source: Central Coordinating Register, fetched 1 November 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 30 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index917978
Rank73228245
Operating margin68.6%83.3%82.1%
Return on assets18.3%18.7%16.5%
Equity ratio96.4%96.2%96.7%
Current ratio10.2110.6411.59
Revenue growth–0.0%0.0%

Accounts

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

Key figure202320242025
Operating revenue1.8 MNOK1.8 MNOK1.8 MNOK
Operating profit1.2 MNOK1.5 MNOK1.5 MNOK
Profit before tax1.4 MNOK1.7 MNOK1.7 MNOK
Net profit1.1 MNOK1.3 MNOK1.3 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets7.6 MNOK9.0 MNOK10.3 MNOK
Current assets2.8 MNOK3.6 MNOK4.0 MNOK
Equity7.3 MNOK8.6 MNOK10.0 MNOK
Retained earnings7.3 MNOK8.6 MNOK10.0 MNOK
Total liabilities0.3 MNOK0.3 MNOK0.3 MNOK
Current liabilities0.3 MNOK0.3 MNOK0.3 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 6809514.