LINJA AS
Score · fiscal year 2025
61of 100
How to read this: the company is ahead of 78 % of large companies in the same sector in 2025. What does this mean?
Rank: 237 of 865 · Kraft og energi
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 66 and solidity 49 out of 100 among large companies in the same sector in 2025. Methodology
Against the sector
LINJA AS is 13 points above the median for large companies in the same sector in 2025.
Median score 48 among 42 companies.
Against large companies in the same sector in 2025: operating margin 38.3% (median 20.8%) and equity ratio 35.4% (median 35.7%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 1,982 MNOK | 2,359 MNOK |
| Operating margin | 38.3% | 20.8% |
| Profit margin | 29.9% | 18.0% |
| Return on assets | 10.4% | 7.8% |
| Equity ratio | 35.4% | 35.7% |
| Debt-to-equity | 1.82 | 1.80 |
| Current ratio | 1.44 | 1.06 |
| Revenue growth | 21.1% | 9.7% |
| Revenue per employee | 7.13 MNOK | 29.91 MNOK |
The median and “ahead of” refer to large companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 61, LINJA AS does better than 78% of large companies in the same sector (42 companies) in 2025.
Score 2023–2025
- LINJA AS
- Median: large companies in the same sector
LINJA AS has a score of 61 for 2025, rank 237 of 865 in the sector.
Strongest: Liquidity: percentile 78 against peers, current ratio 1.44 against a median of 1.06. Growth: percentile 73 against peers, revenue growth 21.1% against a median of 9.7%.
No area is clearly below its peers.
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
LINJA AS had an operating margin of 38.3% and an equity ratio of 35.4% in 2025, and ranks 237 of 865 in Kraft og energi.
From 2024 to 2025: the operating margin rose from 25.2% to 38.3% and revenue grew by 21%.
LINJA AS did better than the sector in 2025, the sector's weakest year.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 1,873 MNOK and 4,579 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 4,579 MNOK |
| EV/EBIT | 8.0 | 1,873 MNOK |
| P/B | 1.0 | 2,706 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 4.1% 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
The operating margin was 38.3% in 2025 (sector median 16.0%), and the equity ratio 35.4%. In the other years the operating margin averaged 28.6%.
The sector's weakest year was 2025, with a median operating margin of 16.0%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 66 | weight 30% |
|---|---|---|
| Solidity | 49 | weight 25% |
| Liquidity | 78 | weight 15% |
| Growth | 73 | weight 15% |
| Consistency | 41 | weight 15% |
Durability: 57 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is LINJA AS?
The operating margin was 38.3% in 2025, against a median of 20.8% among large companies in the same sector. Return on assets was 10.4%.
How solid is LINJA AS?
The equity ratio was 35.4% in 2025 (median 35.7%). Debt-to-equity was 1.82 (median 1.80).
What is the liquidity of LINJA AS like?
The current ratio was 1.44 in 2025 (median 1.06).
How does LINJA AS compare in Kraft og energi?
LINJA AS ranks 237 of 865 in Kraft og energi for 2025. Among companies of the same size (large companies) it ranks 10 of 42. Revenue changed by 21.1% from the year before.
From the Central Coordinating Register
- Org. no.
- 912631532
- Legal form
- AS
- Sector
- Kraft og energi (35.140)
- Size tier
- large
- Employees
- 278 registered 10 October 2026
- Founded
- 2 October 2013 13 years in operation
- Share capital
- 680.32 MNOK
- Business address
- Industrivegen 6, 6080 GURSKØY (HERØY)
- Municipality
- Herøy (Møre og Romsdal) rank 5–23 of 40 in KOSTRA group 1
- Latest accounts filed
- 2025
- LEI
- 894500GWNHY2IOXX1460 renews 25 August 2027
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
- Helge Robert Midtbø
- Chair of the board
- Erik Espeset
- Board member
- Hildegunn Naas-Bibow
- Board member
- Majken Margrethe Smith
- Board member
- Kjell Asle Bakkebø
- Board member
- Olav Osvoll
- Board member
- Frode Verpeide
- Board member
- Knut Arild Flatjord
- Board member
- Amalie Helén Justsen Alvestad
- Board member
- Tone Sundklakk
- Board member
- Kine Berild Norheim
- Deputy member
- Terje Søvikhagen
- Deputy member
- Nina Melle Scharning
- Deputy member
- Erling Åsmund Kleppestrand
- Deputy member
- Bjørn Steinagard
- Deputy member
- Anne Eikås Ramsdal
- Deputy member
- Margrethe Beate Mjellem
- Deputy member
- Marius Liseth Aske
- Deputy member
- Liz Furnes Skodje
- Deputy member
- Atle Ivar Roti Alsaker
- Deputy member
- Vanessa Cristal Salvador Hjorteset
- Deputy member
- Martin Holvik
- Auditor
- TELL NORGE AS
Source: Central Coordinating Register, fetched 29 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 | 57 | 53 | 61 | |
| Rank | 292 | 375 | 237 | |
| Operating margin | 32.0% | 25.2% | 38.3% | |
| Return on assets | 6.5% | 6.0% | 10.4% | |
| Equity ratio | 34.0% | 32.0% | 35.4% | |
| Current ratio | 1.76 | 1.53 | 1.44 | |
| Revenue growth | – | 31.4% | 21.1% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 1,246.2 MNOK | 1,637.1 MNOK | 1,982.2 MNOK |
| Operating profit | 399.2 MNOK | 412.3 MNOK | 758.4 MNOK |
| Profit before tax | 276.4 MNOK | 231.8 MNOK | 592.1 MNOK |
| Net profit | 209.7 MNOK | 177.9 MNOK | 457.9 MNOK |
| Financial expenses | 136.6 MNOK | 196.9 MNOK | 203.6 MNOK |
| Total assets | 6,334.7 MNOK | 7,203.0 MNOK | 7,639.9 MNOK |
| Current assets | 643.9 MNOK | 642.3 MNOK | 745.1 MNOK |
| Equity | 2,153.9 MNOK | 2,301.8 MNOK | 2,706.0 MNOK |
| Retained earnings | 572.5 MNOK | 720.4 MNOK | 1,124.6 MNOK |
| Total liabilities | 4,180.8 MNOK | 4,901.3 MNOK | 4,933.9 MNOK |
| Current liabilities | 364.8 MNOK | 420.6 MNOK | 517.2 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7008622.
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