SULDAL ELVERK AS
Score · fiscal year 2023
88of 100
How to read this: the company is ahead of 99 % of small companies in the same sector in 2023. What does this mean?
Rank: 15 of 1,405 · Kraft og energi
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 85 and solidity 89 out of 100 among small companies in the same sector in 2023. Methodology
Against the sector
SULDAL ELVERK AS is 39 points above the median for small companies in the same sector in 2023.
Median score 49 among 1,151 companies.
Against small companies in the same sector in 2023: operating margin 76.0% (median 21.3%) and equity ratio 97.0% (median 38.5%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 10 MNOK | 3 MNOK |
| Operating margin | 76.0% | 21.3% |
| Profit margin | 89.9% | 16.3% |
| Return on assets | 8.9% | 3.1% |
| Equity ratio | 97.0% | 38.5% |
| Debt-to-equity | 0.03 | 1.02 |
| Current ratio | 6.59 | 1.65 |
| Revenue growth | – | – |
The median and “ahead of” refer to small companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 88, SULDAL ELVERK AS does better than 99% of small companies in the same sector (1,156 companies) in 2023.
Score 2023–2025
- SULDAL ELVERK AS
- Median: small companies in the same sector
What the numbers say
SULDAL ELVERK AS had an operating margin of 76.0% and an equity ratio of 97.0% in 2023, and ranks 15 of 1,405 in Kraft og energi.
SULDAL ELVERK AS did better than the sector in 2025, the sector's weakest year.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 70 MNOK and 96 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 70 MNOK |
| EV/EBIT | 8.0 | 78 MNOK |
| P/B | 1.0 | 96 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
- positive
Upper quartile on profitability, solidity and liquidity. What sets this company apart from the rest of the sector?
Based on: Operating margin 76.0% (median 21.3%); Equity ratio 97.0% (median 38.5%); Current ratio 6.59 (median 1.65).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.2% of the debt in 2023. The policy rate averaged 3.54 % 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.
Scenario analysis: the sector's weakest year
The operating margin was 62.3% in 2025 (sector median 12.6%), and the equity ratio 79.3%. In the other years the operating margin averaged 70.5%.
The sector's weakest year was 2025, with a median operating margin of 12.6%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 85 | weight 30% |
|---|---|---|
| Solidity | 89 | weight 25% |
| Liquidity | 84 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 99 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is SULDAL ELVERK AS?
The operating margin was 76.0% in 2023, against a median of 21.3% among small companies in the same sector. Return on assets was 8.9%.
How solid is SULDAL ELVERK AS?
The equity ratio was 97.0% in 2023 (median 38.5%). Debt-to-equity was 0.03 (median 1.02).
What is the liquidity of SULDAL ELVERK AS like?
The current ratio was 6.59 in 2023 (median 1.65).
How does SULDAL ELVERK AS compare in Kraft og energi?
SULDAL ELVERK AS ranks 15 of 1,405 in Kraft og energi for 2023. Among companies of the same size (small companies) it ranks 10 of 1,156.
From the Central Coordinating Register
- Org. no.
- 921996829
- Legal form
- AS
- Sector
- Kraft og energi (35.121)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 14 December 2018 7 years in operation
- Share capital
- 0.37 MNOK
- Business address
- Lønningsåsen 2, 5417 STORD
- Municipality
- Stord rank 7–28 of 38 in KOSTRA group 7
- 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
- Hege Myhre Willemsen Økland
- Chair of the board
- Kjetil Harestad
- Deputy member
- John Martin Mjånes
- Auditor
- CEDRA NORGE 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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 88 | 78 | 67 | |
| Rank | 15 | 27 | 208 | |
| Operating margin | 76.0% | 64.9% | 62.3% | |
| Return on assets | 8.9% | 6.1% | 5.8% | |
| Equity ratio | 97.0% | 96.8% | 79.3% | |
| Current ratio | 6.59 | 5.26 | 0.95 | |
| Revenue growth | – | −6.3% | 9.5% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 9.8 MNOK | 9.2 MNOK | 10.0 MNOK |
| Operating profit | 7.4 MNOK | 6.0 MNOK | 6.3 MNOK |
| Profit before tax | 8.8 MNOK | 6.3 MNOK | 6.3 MNOK |
| Net profit | 7.0 MNOK | 5.0 MNOK | 4.9 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | – |
| Total assets | 98.5 MNOK | 103.9 MNOK | 107.8 MNOK |
| Current assets | 19.6 MNOK | 17.3 MNOK | 21.2 MNOK |
| Equity | 95.6 MNOK | 100.6 MNOK | 85.5 MNOK |
| Retained earnings | 95.2 MNOK | 100.2 MNOK | 85.1 MNOK |
| Total liabilities | 3.0 MNOK | 3.3 MNOK | 22.3 MNOK |
| Current liabilities | 3.0 MNOK | 3.3 MNOK | 22.3 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 4825489.
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