ELEFUN AS

Org. no. 915885578 · GRIMSTAD · Founded 2015 · 47 employees

Score · fiscal year 2025

78of 100

How to read this: the company is ahead of 96 % of medium-sized companies in the same sector in 2025. What does this mean?

Rank: 1,394 of 30,442 · Handel

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 89 and solidity 73 out of 100 among medium-sized companies in the same sector in 2025. Methodology

Against the sector

ELEFUN AS is 28 points above the median for medium-sized companies in the same sector in 2025.

Median score 50 among 1,664 companies.

Against medium-sized companies in the same sector in 2025: operating margin 12.0% (median 3.1%) and equity ratio 50.7% (median 32.6%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue256 MNOK176 MNOK
Operating margin 12.0% 3.1% 92 %
Profit margin 11.7% 3.1% shown, not part of the index
Return on assets 26.5% 11.3% 86 %
Equity ratio 50.7% 32.6% 73 %
Debt-to-equity 0.97 2.02 73 %
Current ratio 2.23 1.38 79 %
Revenue growth 37.9% 6.7% 89 %
Revenue per employee5.45 MNOK6.44 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 78, ELEFUN AS does better than 96% of medium-sized companies in the same sector (1,668 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • ELEFUN AS
  • Median: medium-sized companies in the same sector
Summary analysis

ELEFUN AS has a score of 78 for 2025, rank 1,394 of 30,442 in the sector.

Strongest: Profitability: percentile 89 against peers, operating margin 12.0% against a median of 3.1%. Growth: percentile 89 against peers, revenue growth 37.9% against a median of 6.7%.

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

Analysis · 2025

What the numbers say

ELEFUN AS had an operating margin of 12.0% and an equity ratio of 50.7% in 2025, and ranks 1,394 of 30,442 in Handel.

From 2024 to 2025: revenue grew by 38% and the equity ratio fell from 60.7% to 50.7%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 58 MNOK and 256 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 23.3 MNOK 10.0 233 MNOK
EV/EBIT Operating profit: 30.8 MNOK
minus net debt −9.8 MNOK
8.0 256 MNOK
P/B Equity: 57.6 MNOK 1.0 58 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

Indications · 2025

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.

Stress test · 2017

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 −134.9%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability89 weight 30%
Solidity73 weight 25%
Liquidity79 weight 15%
Growth89 weight 15%
Consistency51 weight 15%

Durability: 78 (average over 3 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is ELEFUN AS?

The operating margin was 12.0% in 2025, against a median of 3.1% among medium-sized companies in the same sector. Return on assets was 26.5%.

How solid is ELEFUN AS?

The equity ratio was 50.7% in 2025 (median 32.6%). Debt-to-equity was 0.97 (median 2.02).

What is the liquidity of ELEFUN AS like?

The current ratio was 2.23 in 2025 (median 1.38).

How does ELEFUN AS compare in Handel?

ELEFUN AS ranks 1,394 of 30,442 in Handel for 2025. Among companies of the same size (medium-sized companies) it ranks 62 of 1,668. Revenue changed by 37.9% from the year before.

Public contracts

Contracts awarded since 2024
2
in 1 notices (lots counted separately)
Total awarded value since 2024
value not stated
2 contracts without a stated value are not in the total.
DateBuyerNotice ValueCPV
19 November 2025 Politiets fellestjenester Dronesystemer value not stated (2 lots) 35200000

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 27 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.
915885578
Legal form
AS
Sector
Handel (47.780)
Size tier
medium
Employees
47 registered 10 October 2026
Founded
27 August 2015 11 years in operation
Share capital
0.03 MNOK
Business address
Morholt 9, 4887 GRIMSTAD
Municipality
Grimstad rank 9–19 of 27 in KOSTRA group 9
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
Roger Mo
Chair of the board
Roger Mo
Board member
Knut Jørgen Myre
Board member
Øyvind Teodor Nebdal
Board member
Jon Peder Saxe
Board member
Eirin Myre
Board member
Annikken Lea Mo
Board member
Siri Anette Håkedal
Board member
Mari Mathiassen Saxe
Auditor
BDO AS
Accountant
VIEW GROUP 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.

Report an issue

Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index867178
Rank7443,3601,394
Operating margin9.7%8.5%12.0%
Return on assets23.7%19.0%26.5%
Equity ratio63.4%60.7%50.7%
Current ratio2.642.462.23
Revenue growth–1.6%37.9%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure202320242025
Operating revenue182.7 MNOK185.7 MNOK256.1 MNOK
Operating profit17.7 MNOK15.8 MNOK30.8 MNOK
Profit before tax17.6 MNOK15.2 MNOK29.9 MNOK
Net profit13.7 MNOK11.9 MNOK23.3 MNOK
Financial expenses0.1 MNOK0.2 MNOK0.2 MNOK
Total assets74.8 MNOK81.1 MNOK113.4 MNOK
Current assets72.3 MNOK78.5 MNOK111.1 MNOK
Equity47.4 MNOK49.2 MNOK57.6 MNOK
Retained earnings47.3 MNOK49.2 MNOK57.5 MNOK
Total liabilities27.4 MNOK31.9 MNOK55.9 MNOK
Current liabilities27.4 MNOK31.9 MNOK49.8 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6801300.

Similar companies