MK Tech AS

Org. no. 920256759 · Tingvoll · Founded 2018 · 5 employees

Score · fiscal year 2024

Not enough data: Not enough data (below minimum revenue)

Based on the annual accounts for 2024

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 revenue0 MNOK4 MNOK
Operating margin −7.9% 2.3% not compared
Profit margin 33.2% 1.8% shown, not part of the index
Return on assets 6.9% 5.5% not compared
Equity ratio 71.3% 34.8% not compared
Debt-to-equity 0.40 1.23 not compared
Current ratio 2.17 1.76 not compared
Revenue growth −47.3% 2.8% not compared
Revenue per employee0.06 MNOK0.74 MNOK

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

Over time

Score over time

Score over time needs at least two fiscal years with a score. It will appear when next year's figures are fetched or history is imported.

Analysis · 2024

What the numbers say

MK Tech AS had an equity ratio of 71.3% in 2024. The company is not ranked: not enough data (below minimum revenue).

From 2023 to 2024: revenue fell by 47% and the equity ratio fell from 92.0% to 71.3%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 1 MNOK and 1 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.1 MNOK 10.0 1 MNOK
EV/EBIT Operating profit: 0.0 MNOK 8.0 not meaningful
P/B Equity: 1.1 MNOK 1.0 1 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

    The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?

    Based on: Operating margin −7.9% (median 2.3%).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 0.1% 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.

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 1.5%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

2024

Questions and answers

How profitable is MK Tech AS?

The operating margin was −7.9% in 2024, against a median of 2.3% among companies in the same sector. Return on assets was 6.9%.

How solid is MK Tech AS?

The equity ratio was 71.3% in 2024 (median 34.8%). Debt-to-equity was 0.40 (median 1.23).

What is the liquidity of MK Tech AS like?

The current ratio was 2.17 in 2024 (median 1.76).

From the Central Coordinating Register

Org. no.
920256759
Legal form
AS
Sector
Handel (46.640)
Morning company class
Micro
Employees
5 registered 10 December 2025
Founded
3 January 2018 8 years in operation
Share capital
0.03 MNOK
Business address
Meisingsetvegen 440, 6628 MEISINGSET (TINGVOLL)
Municipality
Tingvoll rank 8–22 of 33 in KOSTRA group 5
Audit
Audit opted out from 18 January 2018
Latest accounts filed
2025
LEI
636700LGPL4T5994GM11 renews 4 March 2027

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
Morten Heggelund
Chair of the board
Morten Heggelund
Board member
Marius Heggelund
Board member
Mona Beate Korsnes Heggelund
Board member
Mathias Heggelund
Accountant
Ekspert Regnskap AS

Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.

Parent company
No parent company: owned by persons

Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 31 October 2026. The parent is the one the company itself reported to GLEIF.

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
Index––86
Rank––193
Operating margin−8.2%−7.9%13.8%
Return on assets8.7%6.9%30.5%
Equity ratio92.0%71.3%89.0%
Current ratio7.702.174.98
Revenue growth–−47.3%1,299.6%

Accounts

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

Key figure202320242025
Operating revenue0.6 MNOK0.3 MNOK4.4 MNOK
Operating profit0.0 MNOK0.0 MNOK0.6 MNOK
Profit before tax0.1 MNOK0.1 MNOK0.6 MNOK
Net profit0.1 MNOK0.1 MNOK0.4 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.1 MNOK
Total assets1.7 MNOK1.5 MNOK2.0 MNOK
Current assets1.0 MNOK0.9 MNOK1.1 MNOK
Equity1.6 MNOK1.1 MNOK1.8 MNOK
Retained earnings1.6 MNOK1.0 MNOK1.8 MNOK
Total liabilities0.1 MNOK0.4 MNOK0.2 MNOK
Current liabilities0.1 MNOK0.4 MNOK0.2 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5796619.