Sunnmøre Maskinservice AS
Score · fiscal year 2024
27of 100
How to read this: the company is ahead of 15 % of companies in the Morning class Small in the same sector in 2024. What does this mean?
Rank in the Morning class Small: 101 of 119 · What are Morning company classes?
Place in the whole sector: 330 of 392 · Jordbruk og skogbruk
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 4 and solidity 52 out of 100 among companies in the Morning class Small in the same sector in 2024. Methodology
Against the sector
Sunnmøre Maskinservice AS is 23 points below the median for companies in the Morning class Small in the same sector in 2024.
Median score 50 among 119 companies.
Against companies in the Morning class Small in the same sector in 2024: operating margin −6.1% (median 7.9%) and equity ratio 50.6% (median 48.3%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 20 MNOK | 21 MNOK |
| Operating margin | −6.1% | 7.9% |
| Profit margin | −7.4% | 7.1% |
| Return on assets | −10.6% | 11.9% |
| Equity ratio | 50.6% | 48.3% |
| Debt-to-equity | 0.98 | 1.03 |
| Current ratio | 1.17 | 1.62 |
| Revenue growth | −2.5% | 6.1% |
| Revenue per employee | 2.81 MNOK | 1.29 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 27, Sunnmøre Maskinservice AS does better than 15% of companies in the Morning class Small in the same sector (119 companies) in 2024.
Score 2023–2025
- Sunnmøre Maskinservice AS
- Median: companies in the Morning class Small in the same sector
What the numbers say
Sunnmøre Maskinservice AS had an operating margin of −6.1% and an equity ratio of 50.6% in 2024, and ranks 330 of 392 in Jordbruk og skogbruk.
From 2023 to 2024: the operating margin fell from 20.6% to −6.1% and went from a profit to a loss before tax.
Sunnmøre Maskinservice AS did better than the sector in 2023, the sector's weakest year.
This text is generated automatically from the 2024 accounts.
Three simple methods
One method gives a figure: 6 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 6 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 −7.4% (median 7.1%).
- 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 −6.1% (median 7.9%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 4.7% 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
The operating margin was 20.6% in 2023 (sector median 5.8%), and the equity ratio 48.5%. In the other years the operating margin averaged −11.5%.
The sector's weakest year was 2023, with a median operating margin of 5.8%. Based on the 7 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 4 | weight 30% |
|---|---|---|
| Solidity | 52 | weight 25% |
| Liquidity | 26 | weight 15% |
| Growth | 20 | weight 15% |
| Consistency | 42 | weight 15% |
Durability: 47 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Sunnmøre Maskinservice AS?
The operating margin was −6.1% in 2024, against a median of 7.9% among companies in the Morning class Small in the same sector. Return on assets was −10.6%. The company made a loss before tax.
How solid is Sunnmøre Maskinservice AS?
The equity ratio was 50.6% in 2024 (median 48.3%). Debt-to-equity was 0.98 (median 1.03).
What is the liquidity of Sunnmøre Maskinservice AS like?
The current ratio was 1.17 in 2024 (median 1.62).
How does Sunnmøre Maskinservice AS compare in Jordbruk og skogbruk?
Sunnmøre Maskinservice AS ranks 330 of 392 in Jordbruk og skogbruk for 2024. Among companies in the Morning class Small it is number 101 of 119. Revenue changed by −2.5% from the year before.
Public contracts
- Contracts awarded since 2024
- 4
- Total awarded value since 2024
- value not stated
- 1 contracts without a stated value are not in the total.
- Framework agreements
- 3
- Left out of the total: the value is a ceiling, not actual spend.
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 12 November 2024 | Haram kommune | Kunngjøring av kontraktstildeling - Rode 3 | value not stated |
| 5 August 2024 | Ålesund kommune | Anskaffelse - Vintervedlikehold, 2024 | value not stated |
| 2 July 2024 | Haram kommune | Kunngjøring av kontraktstildeling - Rode 9 | value not stated |
| 19 June 2024 | Haram kommune | Kunngjøring av kontraktstildeling - Rode 7 | value not stated |
| 16 March 2022 | Sula kommune | Innhenting av tilbod på skogrydding og skoghogst | 3.0 MNOK |
| 2 October 2018 | Sula kommune | Anbod - rammeavtale vintervedlikehald | 1.0 MNOK |
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.
- 916064640
- Legal form
- AS
- Sector
- Jordbruk og skogbruk (01.610)
- Morning company class
- Small
- Employees
- 7 registered 10 August 2026
- Founded
- 2 October 2015 11 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Bjørkereitvegen 51, 6240 ØRSKOG (ÅLESUND)
- Municipality
- Ålesund rank 2–6 of 10 in KOSTRA group 11
- 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
Loading roles …
Source: Central Coordinating Register, fetched 1 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 31 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 67 | 27 | 18 | |
| Rank | 89 | 330 | 383 | |
| Operating margin | 20.6% | −6.1% | −16.9% | |
| Return on assets | 29.5% | −10.6% | −22.0% | |
| Equity ratio | 48.5% | 50.6% | 39.1% | |
| Current ratio | 1.30 | 1.17 | 0.99 | |
| Revenue growth | – | −2.5% | −40.5% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 20.2 MNOK | 19.7 MNOK | 11.7 MNOK |
| Operating profit | 4.2 MNOK | −1.2 MNOK | −2.0 MNOK |
| Profit before tax | 4.0 MNOK | −1.5 MNOK | −2.3 MNOK |
| Net profit | 3.1 MNOK | −1.1 MNOK | −2.2 MNOK |
| Financial expenses | 0.1 MNOK | 0.3 MNOK | 0.3 MNOK |
| Total assets | 14.1 MNOK | 11.2 MNOK | 9.0 MNOK |
| Current assets | 8.8 MNOK | 6.4 MNOK | 5.4 MNOK |
| Equity | 6.8 MNOK | 5.7 MNOK | 3.5 MNOK |
| Retained earnings | 6.8 MNOK | 5.7 MNOK | 3.5 MNOK |
| Total liabilities | 7.2 MNOK | 5.6 MNOK | 5.5 MNOK |
| Current liabilities | 6.8 MNOK | 5.4 MNOK | 5.5 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 31 October 2026, accounts id 6282613.
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