E LUND MASKIN AS
Score · fiscal year 2025
64of 100
How to read this: the company is ahead of 77 % of companies in the Morning class Small in the same sector in 2025. What does this mean?
Rank in the Morning class Small: 8,255 of 36,579 · What are Morning company classes?
Place in the whole sector: 8,794 of 38,670 · Handel
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 67 and solidity 55 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology
Against the sector
E LUND MASKIN AS is 14 points above the median for companies in the Morning class Small in the same sector in 2025.
Median score 50 among 36,110 companies.
Against companies in the Morning class Small in the same sector in 2025: operating margin 5.4% (median 2.5%) and equity ratio 50.5% (median 38.3%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 52 MNOK | 3 MNOK |
| Operating margin | 5.4% | 2.5% |
| Profit margin | 5.0% | 2.2% |
| Return on assets | 13.9% | 4.0% |
| Equity ratio | 50.5% | 38.3% |
| Debt-to-equity | 0.98 | 0.99 |
| Current ratio | 2.18 | 1.70 |
| Revenue growth | 8.8% | 3.5% |
| Revenue per employee | 3.75 MNOK | 1.62 MNOK |
The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 64, E LUND MASKIN AS does better than 77% of companies in the Morning class Small in the same sector (36,579 companies) in 2025.
Score 2023–2025
- E LUND MASKIN AS
- Median: companies in the Morning class Small in the same sector
E LUND MASKIN AS has a score of 64 for 2025, rank 8,794 of 38,670 in the sector.
Strongest: Consistency: percentile 76 against peers. Profitability: percentile 67 against peers, operating margin 5.4% against a median of 2.5%.
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
E LUND MASKIN AS had an operating margin of 5.4% and an equity ratio of 50.5% in 2025, and ranks 8,794 of 38,670 in Handel.
From 2024 to 2025: the equity ratio fell from 57.8% to 50.5%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 11 MNOK and 22 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 20 MNOK |
| EV/EBIT | 8.0 | 22 MNOK |
| P/B | 1.0 | 11 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 3.3% 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 2017, the sector's weakest year, for this company.
The sector's weakest year was 2017, with a median operating margin of −65.6%. 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 | 67 | weight 30% |
|---|---|---|
| Solidity | 55 | weight 25% |
| Liquidity | 60 | weight 15% |
| Growth | 62 | weight 15% |
| Consistency | 76 | weight 15% |
Durability: 63 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is E LUND MASKIN AS?
The operating margin was 5.4% in 2025, against a median of 2.5% among companies in the Morning class Small in the same sector. Return on assets was 13.9%.
How solid is E LUND MASKIN AS?
The equity ratio was 50.5% in 2025 (median 38.3%). Debt-to-equity was 0.98 (median 0.99).
What is the liquidity of E LUND MASKIN AS like?
The current ratio was 2.18 in 2025 (median 1.70).
How does E LUND MASKIN AS compare in Handel?
E LUND MASKIN AS ranks 8,794 of 38,670 in Handel for 2025. Among companies in the Morning class Small it is number 8,255 of 36,579. Revenue changed by 8.8% from the year before.
Public contracts
- Contracts awarded since 2024
- 2
- Total awarded value since 2024
- value not stated
- Framework agreements
- 2
- Left out of the total: the value is a ceiling, not actual spend.
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 1 September 2025 | UNIVERSITETET I BERGEN | ANSK-24-0247 Rammeavtale verktøy mm | 3.0 MNOK (framework) |
| 22 April 2025 | BIR AS | Kjøp av proff verktøy, bildeler og bilrekvisita | value not stated |
| 10 June 2020 | UNIVERSITETET I BERGEN | ANSK-0076-19 Rammeavtale verktøy | 1.6 MNOK |
| 22 September 2017 | Hordaland fylkeskommune | Tildeling - Rammeavtale på kjøp av handhalden verktøy | value not stated |
Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.
Source: Doffin (DFØ), fetched 28 October 2026. Winners are matched on organisation number.
Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0
From the Central Coordinating Register
- Org. no.
- 914007178
- Legal form
- AS
- Sector
- Handel (46.620)
- Morning company class
- Small
- Employees
- 14 registered 10 July 2026
- Founded
- 1 January 1879 147 years in operation
- Share capital
- 2.00 MNOK
- Business address
- Midtunhaugen 17, 5224 NESTTUN (BERGEN)
- Municipality
- Bergen rank 8 of 11 in KOSTRA group 12
- 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
- Nina Rasmussen
- Chair of the board
- Arne Broder Lund
- Board member
- Vidar Broder Lund
- Board member
- Odd Korsnes
- Board member
- Nina Skare Lund Morkestrand
- Auditor
- BERGEN REVISJON 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 | 60 | 66 | 64 | |
| Rank | 11,402 | 7,248 | 8,794 | |
| Operating margin | 4.7% | 4.8% | 5.4% | |
| Return on assets | 11.3% | 13.5% | 13.9% | |
| Equity ratio | 49.0% | 57.8% | 50.5% | |
| Current ratio | 1.96 | 2.79 | 2.18 | |
| Revenue growth | – | 5.3% | 8.8% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 45.7 MNOK | 48.2 MNOK | 52.4 MNOK |
| Operating profit | 2.2 MNOK | 2.3 MNOK | 2.8 MNOK |
| Profit before tax | 1.8 MNOK | 2.2 MNOK | 2.6 MNOK |
| Net profit | 1.4 MNOK | 1.7 MNOK | 2.0 MNOK |
| Financial expenses | 0.5 MNOK | 0.3 MNOK | 0.3 MNOK |
| Total assets | 20.5 MNOK | 18.6 MNOK | 21.4 MNOK |
| Current assets | 18.1 MNOK | 16.9 MNOK | 20.1 MNOK |
| Equity | 10.1 MNOK | 10.8 MNOK | 10.8 MNOK |
| Retained earnings | 8.1 MNOK | 8.8 MNOK | 8.8 MNOK |
| Total liabilities | 10.5 MNOK | 7.9 MNOK | 10.6 MNOK |
| Current liabilities | 9.3 MNOK | 6.1 MNOK | 9.2 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6546581.
Further
Similar companies
- OPPBYGDA HANDEL AS index 64, rank 8,791 · compare
- FOSSEN FRILUFT AS index 64, rank 8,792 · compare
- HOLE AGENTUR & IMPORT AS index 64, rank 8,793 · compare
- DOXA SOUND AS index 64, rank 8,795 · compare
- M-DISTRIBUSJON AS index 64, rank 8,797 · compare