Einar Selseth AS
Score · fiscal year 2024
58of 100
How to read this: the company is ahead of 63 % of companies in the Morning class Micro in the same sector in 2024. What does this mean?
Rank in the Morning class Micro: 226 of 612 · What are Morning company classes?
Place in the whole sector: 452 of 1,225 · Transport og lagring
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 24 and solidity 90 out of 100 among companies in the Morning class Micro in the same sector in 2024. Methodology
Against the sector
Einar Selseth AS is 7 points above the median for companies in the Morning class Micro in the same sector in 2024.
Median score 51 among 610 companies.
Against companies in the Morning class Micro in the same sector in 2024: operating margin −3.7% (median 5.0%) and equity ratio 82.9% (median 34.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 3 MNOK | 3 MNOK |
| Operating margin | −3.7% | 5.0% |
| Profit margin | −1.3% | 4.6% |
| Return on assets | −0.4% | 9.6% |
| Equity ratio | 82.9% | 34.9% |
| Debt-to-equity | 0.21 | 1.33 |
| Current ratio | 5.43 | 1.54 |
| Revenue growth | −0.6% | 3.7% |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 58, Einar Selseth AS does better than 63% of companies in the Morning class Micro in the same sector (612 companies) in 2024.
Score 2023–2025
- Einar Selseth AS
- Median: companies in the Morning class Micro in the same sector
What the numbers say
Einar Selseth AS had an operating margin of −3.7% and an equity ratio of 82.9% in 2024, and ranks 452 of 1,225 in Transport og lagring.
From 2023 to 2024: went from a profit to a loss before tax and the operating margin fell from 13.9% to −3.7%.
This text is generated automatically from the 2024 accounts.
Three simple methods
One method gives a figure: 4 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 4 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
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −1.3% (median 4.6%).
- watch
The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin −3.7% (median 5.0%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 2.4% 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 2026, the sector's weakest year, for this company.
The sector's weakest year was 2026, with a median operating margin of 0.2%. Based on the 8 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 24 | weight 30% |
|---|---|---|
| Solidity | 90 | weight 25% |
| Liquidity | 91 | weight 15% |
| Growth | 40 | weight 15% |
| Consistency | 55 | weight 15% |
Durability: 70 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Einar Selseth AS?
The operating margin was −3.7% in 2024, against a median of 5.0% among companies in the Morning class Micro in the same sector. Return on assets was −0.4%. The company made a loss before tax.
How solid is Einar Selseth AS?
The equity ratio was 82.9% in 2024 (median 34.9%). Debt-to-equity was 0.21 (median 1.33).
What is the liquidity of Einar Selseth AS like?
The current ratio was 5.43 in 2024 (median 1.54).
How does Einar Selseth AS compare in Transport og lagring?
Einar Selseth AS ranks 452 of 1,225 in Transport og lagring for 2024. Among companies in the Morning class Micro it is number 226 of 612. Revenue changed by −0.6% from the year before.
From the Central Coordinating Register
- Org. no.
- 911967650
- Legal form
- AS
- Sector
- Transport og lagring (49.410)
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 10 May 2013 13 years in operation
- Share capital
- 0.30 MNOK
- Business address
- Sørsivegen 106, 7820 SPILLUM (NAMSOS)
- Municipality
- Namsos rank 4–11 of 13 in KOSTRA group 8
- Audit
- Audit opted out from 22 May 2013
- 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
- Einar Selseth
- Chair of the board
- Einar Selseth
- Deputy member
- Per Ivar Jønvik
- Accountant
- Skistad Regnskap AS
Source: Central Coordinating Register, fetched 2 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.
Figures last fetched 30 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 82 | 58 | 63 | |
| Rank | 95 | 452 | 310 | |
| Operating margin | 13.9% | −3.7% | 4.9% | |
| Return on assets | 9.8% | −0.4% | 5.3% | |
| Equity ratio | 83.7% | 82.9% | 76.4% | |
| Current ratio | 6.12 | 5.43 | 3.70 | |
| Revenue growth | – | −0.6% | 2.1% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 2.8 MNOK | 2.8 MNOK | 2.9 MNOK |
| Operating profit | 0.4 MNOK | −0.1 MNOK | 0.1 MNOK |
| Profit before tax | 0.4 MNOK | 0.0 MNOK | 0.2 MNOK |
| Net profit | 0.3 MNOK | 0.0 MNOK | 0.2 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 4.5 MNOK | 4.4 MNOK | 4.3 MNOK |
| Current assets | 3.0 MNOK | 3.0 MNOK | 3.2 MNOK |
| Equity | 3.8 MNOK | 3.6 MNOK | 3.3 MNOK |
| Retained earnings | 3.5 MNOK | 3.3 MNOK | 3.0 MNOK |
| Total liabilities | 0.7 MNOK | 0.8 MNOK | 1.0 MNOK |
| Current liabilities | 0.5 MNOK | 0.6 MNOK | 0.9 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 5503315.
Further
Similar companies
- Argu Transporttjenester AS index 58, rank 446 · compare
- Voss Helikopter AS index 58, rank 447 · compare
- Norsk Grense-Klarering AS index 58, rank 449 · compare
- Løren Garasjelag AS index 57, rank 454 · compare
- TRONDHEIM GRUS & Betong AS index 57, rank 455 · compare