Møbelringen Fredrikstad AS
Score · fiscal year 2024
52of 100
How to read this: the company is ahead of 53 % of companies in the Morning class Small in the same sector in 2024. What does this mean?
Rank in the Morning class Small: 3,370 of 7,157 · What are Morning company classes?
Place in the whole sector: 10,270 of 22,226 · Handel
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 83 and solidity 32 out of 100 among companies in the Morning class Small in the same sector in 2024. Methodology
Against the sector
Møbelringen Fredrikstad AS is 1 points above the median for companies in the Morning class Small in the same sector in 2024.
Median score 51 among 7,157 companies.
Against companies in the Morning class Small in the same sector in 2024: operating margin 10.4% (median 3.1%) and equity ratio 22.7% (median 36.3%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 45 MNOK | 20 MNOK |
| Operating margin | 10.4% | 3.1% |
| Profit margin | 10.8% | 2.7% |
| Return on assets | 24.1% | 8.9% |
| Equity ratio | 22.7% | 36.3% |
| Debt-to-equity | 3.41 | 1.53 |
| Current ratio | 1.25 | 1.71 |
| Revenue growth | 5.2% | 3.9% |
| Revenue per employee | 4.53 MNOK | 2.05 MNOK |
The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 52, Møbelringen Fredrikstad AS does better than 53% of companies in the Morning class Small in the same sector (7,157 companies) in 2024.
Score 2023–2025
- Møbelringen Fredrikstad AS
- Median: companies in the Morning class Small in the same sector
What the numbers say
Møbelringen Fredrikstad AS had an operating margin of 10.4% and an equity ratio of 22.7% in 2024, and ranks 10,270 of 22,226 in Handel.
From 2023 to 2024: the operating margin rose from 6.5% to 10.4% and the equity ratio fell from 28.8% to 22.7%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 5 MNOK and 39 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 39 MNOK |
| EV/EBIT | 8.0 | 38 MNOK |
| P/B | 1.0 | 5 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 1.2% of the debt in 2024. The policy rate averaged 4.50 % 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.
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 1.5%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 83 | weight 30% |
|---|---|---|
| Solidity | 32 | weight 25% |
| Liquidity | 29 | weight 15% |
| Growth | 55 | weight 15% |
| Consistency | 45 | weight 15% |
Durability: 52 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Møbelringen Fredrikstad AS?
The operating margin was 10.4% in 2024, against a median of 3.1% among companies in the Morning class Small in the same sector. Return on assets was 24.1%.
How solid is Møbelringen Fredrikstad AS?
The equity ratio was 22.7% in 2024 (median 36.3%). Debt-to-equity was 3.41 (median 1.53).
What is the liquidity of Møbelringen Fredrikstad AS like?
The current ratio was 1.25 in 2024 (median 1.71).
How does Møbelringen Fredrikstad AS compare in Handel?
Møbelringen Fredrikstad AS ranks 10,270 of 22,226 in Handel for 2024. Among companies in the Morning class Small it is number 3,370 of 7,157. Revenue changed by 5.2% 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.
- 910734008
- Legal form
- AS · part of a group
- Sector
- Handel (47.551)
- Morning company class
- Small
- Employees
- 10 registered 10 September 2026
- Founded
- 28 December 1959 66 years in operation
- Share capital
- 0.10 MNOK
- Business address
- Dikeveien 41/43, 1661 ROLVSØY (FREDRIKSTAD)
- Municipality
- Fredrikstad rank 11 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
- LEI
- 8945008A8QYBK7P9WY91 not renewed (lapsed)
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
Loading roles …
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
- Parent company
- Grit Invest AS (Norway)
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 31 October 2026. The parent is the one the company itself reported to GLEIF.
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 | 52 | 52 | |
| Rank | 10,107 | 10,270 | 10,639 | |
| Operating margin | 6.5% | 10.4% | 10.4% | |
| Return on assets | 18.1% | 24.1% | 23.9% | |
| Equity ratio | 28.8% | 22.7% | 21.0% | |
| Current ratio | 1.35 | 1.25 | 1.18 | |
| Revenue growth | – | 5.2% | 10.3% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 43.1 MNOK | 45.3 MNOK | 50.0 MNOK |
| Operating profit | 2.8 MNOK | 4.7 MNOK | 5.2 MNOK |
| Profit before tax | 3.0 MNOK | 4.9 MNOK | 5.4 MNOK |
| Net profit | 2.4 MNOK | 3.9 MNOK | 4.3 MNOK |
| Financial expenses | 0.4 MNOK | 0.2 MNOK | 0.2 MNOK |
| Total assets | 18.7 MNOK | 21.1 MNOK | 23.4 MNOK |
| Current assets | 17.5 MNOK | 20.1 MNOK | 21.1 MNOK |
| Equity | 5.4 MNOK | 4.8 MNOK | 4.9 MNOK |
| Retained earnings | 5.3 MNOK | 4.7 MNOK | 4.8 MNOK |
| Total liabilities | 13.3 MNOK | 16.3 MNOK | 18.5 MNOK |
| Current liabilities | 13.0 MNOK | 16.1 MNOK | 18.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6107007.
Further
Similar companies
- Mocom AS index 52, rank 10,263 · compare
- Andresen Ur-Optikk AS index 52, rank 10,267 · compare
- Møbelringen Studio Skøyen AS index 52, rank 10,269 · compare
- Sten Design AS index 52, rank 10,278 · compare
- Nor Cosmetics AS index 52, rank 10,281 · compare