ELEKTRO OFOTEN AS
Score · fiscal year 2025
51of 100
How to read this: the company is ahead of 51 % of small companies in the same sector in 2025. What does this mean?
Rank: 15,947 of 32,582 · Bygg og anlegg
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 46 and solidity 35 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
ELEKTRO OFOTEN AS is 1 points above the median for small companies in the same sector in 2025.
Median score 50 among 31,472 companies.
Against small companies in the same sector in 2025: operating margin 1.8% (median 3.7%) and equity ratio 27.4% (median 36.5%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 32 MNOK | 3 MNOK |
| Operating margin | 1.8% | 3.7% |
| Profit margin | 2.2% | 3.4% |
| Return on assets | 6.2% | 5.7% |
| Equity ratio | 27.4% | 36.5% |
| Debt-to-equity | 2.65 | 1.20 |
| Current ratio | 1.38 | 1.45 |
| Revenue growth | 28.6% | 3.0% |
| Revenue per employee | 1.62 MNOK | 1.46 MNOK |
The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 51, ELEKTRO OFOTEN AS does better than 51% of small companies in the same sector (31,720 companies) in 2025.
Score 2023–2025
- ELEKTRO OFOTEN AS
- Median: small companies in the same sector
ELEKTRO OFOTEN AS has a score of 51 for 2025, rank 15,947 of 32,582 in the sector.
Strongest: Growth: percentile 74 against peers, revenue growth 28.6% against a median of 3.0%. Consistency: percentile 66 against peers.
Weakest: Solidity: percentile 35 against peers, equity ratio 27.4% against a median of 36.5%.
Worth a closer look
- What lies behind weak solidity, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
ELEKTRO OFOTEN AS had an operating margin of 1.8% and an equity ratio of 27.4% in 2025, and ranks 15,947 of 32,582 in Bygg og anlegg.
From 2024 to 2025: revenue grew by 29% and the operating margin fell from 6.1% to 1.8%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 3 MNOK and 10 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 5 MNOK |
| EV/EBIT | 8.0 | 10 MNOK |
| P/B | 1.0 | 3 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
Worth a closer look
No rules were triggered for this year.
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.4% 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.
Data quality
No anomalies found in the figures.
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 2.5%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 46 | weight 30% |
|---|---|---|
| Solidity | 35 | weight 25% |
| Liquidity | 47 | weight 15% |
| Growth | 74 | weight 15% |
| Consistency | 66 | weight 15% |
Durability: 53 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is ELEKTRO OFOTEN AS?
The operating margin was 1.8% in 2025, against a median of 3.7% among small companies in the same sector. Return on assets was 6.2%.
How solid is ELEKTRO OFOTEN AS?
The equity ratio was 27.4% in 2025 (median 36.5%). Debt-to-equity was 2.65 (median 1.20).
What is the liquidity of ELEKTRO OFOTEN AS like?
The current ratio was 1.38 in 2025 (median 1.45).
How does ELEKTRO OFOTEN AS compare in Bygg og anlegg?
ELEKTRO OFOTEN AS ranks 15,947 of 32,582 in Bygg og anlegg for 2025. Among companies of the same size (small companies) it ranks 15,413 of 31,720. Revenue changed by 28.6% from the year before.
Group accounts
The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.
Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 827826332
- Legal form
- AS · part of a group
- Sector
- Bygg og anlegg (43.210)
- Size tier
- small
- Employees
- 20 registered 10 September 2026
- Founded
- 26 August 2021 5 years in operation
- Share capital
- 0.50 MNOK
- Business address
- Teknologiveien 12, 8517 NARVIK
- Municipality
- Narvik rank 15–25 of 27 in KOSTRA group 9
- 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
- Vegard Jakobsen
- Chair of the board
- Einar Jørgensen
- Board member
- David Karl Oscar Framvik
- Board member
- Andreas Sandness Melby
- Deputy member
- Arne Magnussen
- Auditor
- CEDRA NORGE AS
Source: Central Coordinating Register, fetched 25 October 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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 51 | 58 | 51 | |
| Rank | 14,183 | 10,439 | 15,947 | |
| Operating margin | 7.7% | 6.1% | 1.8% | |
| Return on assets | 25.3% | 18.2% | 6.2% | |
| Equity ratio | 27.1% | 30.8% | 27.4% | |
| Current ratio | 1.29 | 1.40 | 1.38 | |
| Revenue growth | – | 41.0% | 28.6% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 17.9 MNOK | 25.2 MNOK | 32.4 MNOK |
| Operating profit | 1.4 MNOK | 1.5 MNOK | 0.6 MNOK |
| Profit before tax | 1.4 MNOK | 1.6 MNOK | 0.7 MNOK |
| Net profit | 1.1 MNOK | 1.2 MNOK | 0.5 MNOK |
| Financial expenses | 0.1 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 5.6 MNOK | 8.9 MNOK | 12.1 MNOK |
| Current assets | 5.3 MNOK | 8.7 MNOK | 12.0 MNOK |
| Equity | 1.5 MNOK | 2.8 MNOK | 3.3 MNOK |
| Retained earnings | 1.0 MNOK | 2.3 MNOK | 2.8 MNOK |
| Total liabilities | 4.1 MNOK | 6.2 MNOK | 8.8 MNOK |
| Current liabilities | 4.1 MNOK | 6.2 MNOK | 8.7 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6730000.
Further
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