NARVIK EL AS

Org. no. 920408133 · NARVIK · Founded 2018 · 21 employees

Score · fiscal year 2025

53of 100

How to read this: the company is ahead of 57 % of small companies in the same sector in 2025. What does this mean?

Rank: 9,593 of 22,115 · Bygg og anlegg

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 83 and solidity 22 out of 100 among small companies in the same sector in 2025. Methodology

Against the sector

NARVIK EL AS is 3 points above the median for small companies in the same sector in 2025.

Median score 50 among 21,572 companies.

Against small companies in the same sector in 2025: operating margin 13.4% (median 3.4%) and equity ratio 12.0% (median 31.7%).

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 revenue30 MNOK2 MNOK
Operating margin 13.4% 3.4% 79 %
Profit margin 13.7% 3.0% shown, not part of the index
Return on assets 36.5% 5.5% 88 %
Equity ratio 12.0% 31.7% 31 %
Debt-to-equity 7.31 1.36 13 %
Current ratio 1.11 1.34 39 %
Revenue growth 2.5% 5.1% 47 %
Revenue per employee1.42 MNOK1.36 MNOK

The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 53, NARVIK EL AS does better than 57% of small companies in the same sector (21,742 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • NARVIK EL AS
  • Median: small companies in the same sector
Analysis · 2025

What the numbers say

NARVIK EL AS had an operating margin of 13.4% and an equity ratio of 12.0% in 2025, and ranks 9,593 of 22,115 in Bygg og anlegg.

From 2024 to 2025: the operating margin rose from 7.3% to 13.4%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 1 MNOK and 35 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 3.2 MNOK 10.0 32 MNOK
EV/EBIT Operating profit: 4.0 MNOK
minus net debt −3.0 MNOK
8.0 35 MNOK
P/B Equity: 1.4 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 · 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 · 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 2.1%. 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

Profitability83 weight 30%
Solidity22 weight 25%
Liquidity39 weight 15%
Growth47 weight 15%
Consistency66 weight 15%

Durability: 49 (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 NARVIK EL AS?

The operating margin was 13.4% in 2025, against a median of 3.4% among small companies in the same sector. Return on assets was 36.5%.

How solid is NARVIK EL AS?

The equity ratio was 12.0% in 2025 (median 31.7%). Debt-to-equity was 7.31 (median 1.36).

What is the liquidity of NARVIK EL AS like?

The current ratio was 1.11 in 2025 (median 1.34).

How does NARVIK EL AS compare in Bygg og anlegg?

NARVIK EL AS ranks 9,593 of 22,115 in Bygg og anlegg for 2025. Among companies of the same size (small companies) it ranks 9,378 of 21,742. Revenue changed by 2.5% from the year before.

From the Central Coordinating Register

Org. no.
920408133
Legal form
AS
Sector
Bygg og anlegg (43.210)
Size tier
small
Employees
21 registered 10 September 2026
Founded
31 January 2018 8 years in operation
Share capital
0.10 MNOK
Business address
Frydenlundgata 4, 8516 NARVIK
Municipality
Narvik rank 12–24 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
Geir Flåten
Chair of the board
Vidar Green Pedersen
Board member
Robert Jack Arntzen
Board member
Geir Flåten
Auditor
HÅLOGALAND REVISJON AS
Accountant
ØKORÅD NARVIK 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
Index464953
Rank10,93811,3699,593
Operating margin12.1%7.3%13.4%
Return on assets27.6%26.4%36.5%
Equity ratio8.7%10.0%12.0%
Current ratio1.101.091.11
Revenue growth–5.8%2.5%

Accounts

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

Key figure202320242025
Operating revenue27.4 MNOK29.0 MNOK29.7 MNOK
Operating profit3.3 MNOK2.1 MNOK4.0 MNOK
Profit before tax3.3 MNOK2.1 MNOK4.1 MNOK
Net profit2.5 MNOK1.6 MNOK3.2 MNOK
Financial expenses0.1 MNOK0.1 MNOK0.1 MNOK
Total assets12.2 MNOK8.3 MNOK11.4 MNOK
Current assets10.3 MNOK6.4 MNOK9.9 MNOK
Equity1.1 MNOK0.8 MNOK1.4 MNOK
Retained earnings1.0 MNOK0.7 MNOK1.3 MNOK
Total liabilities11.1 MNOK7.5 MNOK10.1 MNOK
Current liabilities9.3 MNOK5.9 MNOK8.9 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6591541.

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