ELTERA SKAGERRAK AS

Org. no. 918672567 · PORSGRUNN · Founded 2017 · 45 employees

Score · fiscal year 2024

48of 100

How to read this: the company is ahead of 45 % of small companies in the same sector in 2024. What does this mean?

Rank: 17,032 of 31,119 · Bygg og anlegg

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 75 and solidity 27 out of 100 among small companies in the same sector in 2024. Methodology

Against the sector

ELTERA SKAGERRAK AS is 2 points below the median for small companies in the same sector in 2024.

Median score 50 among 30,023 companies.

Against small companies in the same sector in 2024: operating margin 9.9% (median 3.8%) and equity ratio 20.2% (median 36.8%).

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 revenue83 MNOK3 MNOK
Operating margin 9.9% 3.8% 71 %
Profit margin 10.9% 3.4% shown, not part of the index
Return on assets 24.0% 5.8% 80 %
Equity ratio 20.2% 36.8% 34 %
Debt-to-equity 3.95 1.19 20 %
Current ratio 1.30 1.45 43 %
Revenue growth −10.5% 1.8% 34 %
Revenue per employee1.84 MNOK1.40 MNOK

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

With an index of 48, ELTERA SKAGERRAK AS does better than 45% of small companies in the same sector (30,094 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • ELTERA SKAGERRAK AS
  • Median: small companies in the same sector
Analysis · 2024

What the numbers say

ELTERA SKAGERRAK AS had an operating margin of 9.9% and an equity ratio of 20.2% in 2024, and ranks 17,032 of 31,119 in Bygg og anlegg.

From 2023 to 2024: the equity ratio fell from 36.3% to 20.2% and revenue fell by 10%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 8 MNOK and 71 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 7.1 MNOK 10.0 71 MNOK
EV/EBIT Operating profit: 8.2 MNOK
minus net debt 1.2 MNOK
8.0 65 MNOK
P/B Equity: 7.6 MNOK 1.0 8 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

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 0.0% 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.

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 2.4%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability75 weight 30%
Solidity27 weight 25%
Liquidity43 weight 15%
Growth34 weight 15%
Consistency48 weight 15%

Durability: 54 (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 ELTERA SKAGERRAK AS?

The operating margin was 9.9% in 2024, against a median of 3.8% among small companies in the same sector. Return on assets was 24.0%.

How solid is ELTERA SKAGERRAK AS?

The equity ratio was 20.2% in 2024 (median 36.8%). Debt-to-equity was 3.95 (median 1.19).

What is the liquidity of ELTERA SKAGERRAK AS like?

The current ratio was 1.30 in 2024 (median 1.45).

How does ELTERA SKAGERRAK AS compare in Bygg og anlegg?

ELTERA SKAGERRAK AS ranks 17,032 of 31,119 in Bygg og anlegg for 2024. Among companies of the same size (small companies) it ranks 16,431 of 30,094. Revenue changed by −10.5% from the year before.

Public contracts

Contracts awarded since 2024
6
in 1 notices (lots counted separately)
Total awarded value since 2024
value not stated
Framework agreements
6
Left out of the total: the value is a ceiling, not actual spend.
DateBuyerNotice ValueCPV
1 October 2024 GKI Grenlandskommunenes Innkjøpsenhet Elektroarbeider sterkstrøm med tilhørende materiell - rammeavtale value not stated (6 lots) 45315000

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.
918672567
Legal form
AS
Sector
Bygg og anlegg (43.210)
Size tier
small
Employees
45 registered 10 October 2026
Founded
2 January 2017 9 years in operation
Share capital
0.05 MNOK
Business address
Vipevegen 51F, 3917 PORSGRUNN
Municipality
Porsgrunn rank 5–12 of 13 in KOSTRA group 10
Latest accounts filed
2025
Website
www.eltera.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
Freddy Aleksander Fredriksen
Chair of the board
Thorleif Haug
Board member
Harald Georg Løvstad
Auditor
BDO 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.

Report an issue

Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index614852
Rank9,39217,03215,232
Operating margin9.8%9.9%9.1%
Return on assets25.7%24.0%22.8%
Equity ratio36.3%20.2%15.0%
Current ratio1.601.301.14
Revenue growth–−10.5%14.9%

Accounts

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

Key figure202320242025
Operating revenue92.4 MNOK82.7 MNOK95.0 MNOK
Operating profit9.0 MNOK8.2 MNOK8.6 MNOK
Profit before tax9.5 MNOK9.0 MNOK9.3 MNOK
Net profit7.4 MNOK7.1 MNOK7.2 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets37.2 MNOK37.7 MNOK40.7 MNOK
Current assets37.1 MNOK37.5 MNOK38.7 MNOK
Equity13.5 MNOK7.6 MNOK6.1 MNOK
Retained earnings13.4 MNOK7.6 MNOK6.1 MNOK
Total liabilities23.7 MNOK30.1 MNOK34.6 MNOK
Current liabilities23.1 MNOK28.9 MNOK34.1 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5979067.