MIFO AS
Score · fiscal year 2025
47of 100
How to read this: the company is ahead of 43 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 12,424 of 22,115 · Bygg og anlegg
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 47 and solidity 53 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
MIFO AS is 2 points below the median for medium-sized companies in the same sector in 2025.
Median score 49 among 479 companies.
Against medium-sized companies in the same sector in 2025: operating margin 2.0% (median 4.2%) and equity ratio 34.7% (median 33.1%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 114 MNOK | 170 MNOK |
| Operating margin | 2.0% | 4.2% |
| Profit margin | 8.3% | 4.5% |
| Return on assets | 13.6% | 10.0% |
| Equity ratio | 34.7% | 33.1% |
| Debt-to-equity | 1.88 | 2.01 |
| Current ratio | 1.81 | 1.37 |
| Revenue growth | −10.0% | 7.5% |
| Revenue per employee | 1.41 MNOK | 3.31 MNOK |
The median and “ahead of” refer to medium-sized companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 47, MIFO AS does better than 43% of medium-sized companies in the same sector (483 companies) in 2025.
Score 2023–2025
- MIFO AS
- Median: medium-sized companies in the same sector
What the numbers say
MIFO AS had an operating margin of 2.0% and an equity ratio of 34.7% in 2025, and ranks 12,424 of 22,115 in Bygg og anlegg.
From 2024 to 2025: the operating margin rose from −1.8% to 2.0% and revenue fell by 10%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 30 MNOK and 83 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 83 MNOK |
| EV/EBIT | 8.0 | debt above value |
| P/B | 1.0 | 30 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.
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 2.1%. 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 | 47 | weight 30% |
|---|---|---|
| Solidity | 53 | weight 25% |
| Liquidity | 75 | weight 15% |
| Growth | 20 | weight 15% |
| Consistency | 37 | weight 15% |
Durability: 47 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is MIFO AS?
The operating margin was 2.0% in 2025, against a median of 4.2% among medium-sized companies in the same sector. Return on assets was 13.6%.
How solid is MIFO AS?
The equity ratio was 34.7% in 2025 (median 33.1%). Debt-to-equity was 1.88 (median 2.01).
What is the liquidity of MIFO AS like?
The current ratio was 1.81 in 2025 (median 1.37).
How does MIFO AS compare in Bygg og anlegg?
MIFO AS ranks 12,424 of 22,115 in Bygg og anlegg for 2025. Among companies of the same size (medium-sized companies) it ranks 274 of 483. Revenue changed by −10.0% from the year before.
Group accounts · 2025
51 of 100
Rank 182 of 352 groups with group accounts. Groups are ranked only against each other, not against single companies.
| Key figure | The group | The company alone (2025) |
|---|---|---|
| Operating margin | 4.3% | 2.0% |
| Return on assets | 9.8% | 13.6% |
| Equity ratio | 30.5% | 34.7% |
| Current ratio | 1.89 | 1.81 |
| Revenue growth | 6.1% | −10.0% |
Group index in earlier years: 2023: 46 (255 of 459), 2024: 51 (188 of 371).
Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.
Source: Brønnøysund Register Centre, group accounts 2025 (open data, NLOD 2.0).
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 851450912
- Legal form
- AS
- Sector
- Bygg og anlegg (43.210)
- Size tier
- medium
- Employees
- 81 registered 10 October 2026
- Founded
- 28 March 1989 37 years in operation
- Share capital
- 1.05 MNOK
- Business address
- Verftsgata 8, 6416 MOLDE
- Municipality
- Molde rank 2–10 of 13 in KOSTRA group 10
- 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
- Daniel Moen
- Chair of the board
- Jan Petter Storetvedt
- Board member
- Odd Ivar Moen
- Board member
- Atle Reinset Angvik
- Board member
- Heidi Anita Nilsen
- 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 | 54 | 40 | 47 | |
| Rank | 8,466 | 14,661 | 12,424 | |
| Operating margin | −4.8% | −1.8% | 2.0% | |
| Return on assets | −5.3% | 1.8% | 13.6% | |
| Equity ratio | 47.0% | 30.8% | 34.7% | |
| Current ratio | 1.58 | 1.68 | 1.81 | |
| Revenue growth | – | 3.2% | −10.0% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 123.0 MNOK | 126.9 MNOK | 114.2 MNOK |
| Operating profit | −5.9 MNOK | −2.3 MNOK | 2.3 MNOK |
| Profit before tax | −3.3 MNOK | 0.4 MNOK | 9.4 MNOK |
| Net profit | −2.3 MNOK | 0.3 MNOK | 8.3 MNOK |
| Financial expenses | 0.0 MNOK | 1.0 MNOK | 2.5 MNOK |
| Total assets | 61.1 MNOK | 81.3 MNOK | 87.7 MNOK |
| Current assets | 49.5 MNOK | 33.3 MNOK | 41.3 MNOK |
| Equity | 28.7 MNOK | 25.0 MNOK | 30.4 MNOK |
| Retained earnings | 27.7 MNOK | 24.2 MNOK | 29.7 MNOK |
| Total liabilities | 32.4 MNOK | 56.3 MNOK | 57.3 MNOK |
| Current liabilities | 31.4 MNOK | 19.9 MNOK | 22.8 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6700640.
Further
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