LINEA AS

Org. no. 917424799 · VEFSN · Founded 2016 · 205 employees

Score · fiscal year 2024

51of 100

How to read this: the company is ahead of 52 % of medium-sized companies in the same sector in 2024. What does this mean?

Rank: 484 of 1,020 · Kraft og energi

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 50 and solidity 42 out of 100 among medium-sized companies in the same sector in 2024. Methodology

Against the sector

LINEA AS is 1 points above the median for medium-sized companies in the same sector in 2024.

Median score 50 among 142 companies.

Against medium-sized companies in the same sector in 2024: operating margin 17.3% (median 15.5%) and equity ratio 37.7% (median 42.8%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue744 MNOK206 MNOK
Operating margin 17.3% 15.5% 55 %
Profit margin 9.1% 13.8% shown, not part of the index
Return on assets 5.3% 5.7% 45 %
Equity ratio 37.7% 42.8% 43 %
Debt-to-equity 1.65 1.22 40 %
Current ratio 0.86 1.16 34 %
Revenue growth 9.1% −2.1% 72 %
Revenue per employee3.63 MNOK6.37 MNOK

The median and “ahead of” refer to medium-sized companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 51, LINEA AS does better than 52% of medium-sized companies in the same sector (142 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • LINEA AS
  • Median: medium-sized companies in the same sector
Analysis · 2024

What the numbers say

LINEA AS had an operating margin of 17.3% and an equity ratio of 37.7% in 2024, and ranks 484 of 1,020 in Kraft og energi.

From 2023 to 2024: the operating margin fell from 22.8% to 17.3%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 523 MNOK and 950 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 52.3 MNOK 10.0 523 MNOK
EV/EBIT Operating profit: 128.3 MNOK
minus net debt 1,246.8 MNOK
8.0 debt above value
P/B Equity: 950.0 MNOK 1.0 950 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 · 2024

Worth a closer look

  • watch

    Consider strengthening liquidity: current liabilities are 1.2 times current assets.

    Based on: Current ratio 0.86 (median 1.16).

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 · 2022

Scenario analysis: the sector's weakest year

We have no accounts for 2022, the sector's weakest year, for this company.

The sector's weakest year was 2022, with a median operating margin of 0.3%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability50 weight 30%
Solidity42 weight 25%
Liquidity34 weight 15%
Growth72 weight 15%
Consistency64 weight 15%

Durability: 50 (average over 2 years)

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

2024

Questions and answers

How profitable is LINEA AS?

The operating margin was 17.3% in 2024, against a median of 15.5% among medium-sized companies in the same sector. Return on assets was 5.3%.

How solid is LINEA AS?

The equity ratio was 37.7% in 2024 (median 42.8%). Debt-to-equity was 1.65 (median 1.22).

What is the liquidity of LINEA AS like?

The current ratio was 0.86 in 2024 (median 1.16). Current assets did not cover current liabilities.

How does LINEA AS compare in Kraft og energi?

LINEA AS ranks 484 of 1,020 in Kraft og energi for 2024. Among companies of the same size (medium-sized companies) it ranks 68 of 142. Revenue changed by 9.1% from the year before.

From the Central Coordinating Register

Org. no.
917424799
Legal form
AS
Sector
Kraft og energi (35.140)
Size tier
medium
Employees
205 registered 10 October 2026
Founded
27 May 2016 10 years in operation
Share capital
50.00 MNOK
Business address
Industrivegen 7, 8657 MOSJØEN (VEFSN)
Municipality
Vefsn rank 9–13 of 13 in KOSTRA group 8
Latest accounts filed
2025
Website
www.helgelandkraftnett.no

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
Steinar Johansen Benum
Chair of the board
Eivind Mikalsen
Board member
Kristine Alstad Nicolaisen
Board member
Grete Håkonsen Coldevin
Board member
Bjørn Ove Wetjen
Board member
Stig-Johnny Thomassen
Deputy member
Ståle André Larsen
Deputy member
Bjørn Peder Fauske
Deputy member
Thor-Kristian Johansen
Deputy member
Svein Krutnes
Auditor
ERNST & YOUNG 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.

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index495133
Rank477484870
Operating margin22.8%17.3%6.0%
Return on assets6.8%5.3%1.8%
Equity ratio37.3%37.7%33.1%
Current ratio1.010.860.66
Revenue growth–9.1%1.2%

Accounts

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

Key figure202320242025
Operating revenue681.3 MNOK743.6 MNOK752.4 MNOK
Operating profit155.3 MNOK128.3 MNOK45.2 MNOK
Profit before tax104.8 MNOK67.7 MNOK−20.4 MNOK
Net profit81.8 MNOK52.3 MNOK−16.1 MNOK
Financial expenses54.5 MNOK64.8 MNOK72.2 MNOK
Total assets2,349.9 MNOK2,518.2 MNOK2,824.3 MNOK
Current assets249.1 MNOK219.6 MNOK268.1 MNOK
Equity876.6 MNOK950.0 MNOK933.9 MNOK
Retained earnings373.9 MNOK447.2 MNOK431.1 MNOK
Total liabilities1,473.3 MNOK1,568.2 MNOK1,890.4 MNOK
Current liabilities247.7 MNOK256.5 MNOK408.0 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6027001.