ELITE KULDE AS
Score · fiscal year 2025
61of 100
How to read this: the company is ahead of 73 % of small companies in the same sector in 2025. What does this mean?
Rank: 6,412 of 23,313 · 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 88 and solidity 41 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
ELITE KULDE AS is 11 points above the median for small companies in the same sector in 2025.
Median score 50 among 22,750 companies.
Against small companies in the same sector in 2025: operating margin 18.5% (median 3.6%) and equity ratio 29.7% (median 32.5%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 9 MNOK | 2 MNOK |
| Operating margin | 18.5% | 3.6% |
| Profit margin | 18.2% | 3.2% |
| Return on assets | 45.5% | 5.4% |
| Equity ratio | 29.7% | 32.5% |
| Debt-to-equity | 2.37 | 1.34 |
| Current ratio | 1.53 | 1.35 |
| Revenue growth | 5.4% | 5.1% |
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 61, ELITE KULDE AS does better than 73% of small companies in the same sector (22,965 companies) in 2025.
Score 2023–2025
- ELITE KULDE AS
- Median: small companies in the same sector
What the numbers say
ELITE KULDE AS had an operating margin of 18.5% and an equity ratio of 29.7% in 2025, and ranks 6,412 of 23,313 in Bygg og anlegg.
From 2024 to 2025: the equity ratio rose from 13.3% to 29.7% and the operating margin rose from 15.4% to 18.5%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 1 MNOK and 15 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 12 MNOK |
| EV/EBIT | 8.0 | 15 MNOK |
| P/B | 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
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.
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
What the score is made of
| Profitability | 88 | weight 30% |
|---|---|---|
| Solidity | 41 | weight 25% |
| Liquidity | 57 | weight 15% |
| Growth | 50 | weight 15% |
| Consistency | 58 | weight 15% |
Durability: 42 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is ELITE KULDE AS?
The operating margin was 18.5% in 2025, against a median of 3.6% among small companies in the same sector. Return on assets was 45.5%.
How solid is ELITE KULDE AS?
The equity ratio was 29.7% in 2025 (median 32.5%). Debt-to-equity was 2.37 (median 1.34).
What is the liquidity of ELITE KULDE AS like?
The current ratio was 1.53 in 2025 (median 1.35).
How does ELITE KULDE AS compare in Bygg og anlegg?
ELITE KULDE AS ranks 6,412 of 23,313 in Bygg og anlegg for 2025. Among companies of the same size (small companies) it ranks 6,282 of 22,965. Revenue changed by 5.4% from the year before.
From the Central Coordinating Register
- Org. no.
- 922551308
- Legal form
- AS
- Sector
- Bygg og anlegg (43.222)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 7 March 2019 7 years in operation
- Share capital
- 0.15 MNOK
- Business address
- Karoline Eggens vei 8, 2016 FROGNER (LILLESTRØM)
- Municipality
- Lillestrøm rank 5–10 of 11 in KOSTRA group 12
- 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
- Glenn Rune Hauger
- Chair of the board
- Kenneth Bakke Bræin
- Board member
- Eirik Magnussen
- Board member
- Glenn Rune Hauger
- Board member
- Robert Reierskog
- Board member
- Jon Arild Ilebakke
- Auditor
- VEKST REVISJON AS
- Accountant
- AS SOLREGN
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 | 13 | 52 | 61 | |
| Rank | 17,799 | 10,036 | 6,412 | |
| Operating margin | −8.5% | 15.4% | 18.5% | |
| Return on assets | −31.8% | 49.3% | 45.5% | |
| Equity ratio | −12.9% | 13.3% | 29.7% | |
| Current ratio | 0.87 | 1.28 | 1.53 | |
| Revenue growth | – | −11.3% | 5.4% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 9.2 MNOK | 8.1 MNOK | 8.6 MNOK |
| Operating profit | −0.8 MNOK | 1.3 MNOK | 1.6 MNOK |
| Profit before tax | −1.0 MNOK | 1.2 MNOK | 1.6 MNOK |
| Net profit | −1.0 MNOK | 1.2 MNOK | 1.2 MNOK |
| Financial expenses | 0.2 MNOK | 0.1 MNOK | 0.1 MNOK |
| Total assets | 2.5 MNOK | 2.6 MNOK | 3.5 MNOK |
| Current assets | 1.7 MNOK | 2.0 MNOK | 3.1 MNOK |
| Equity | −0.3 MNOK | 0.3 MNOK | 1.0 MNOK |
| Retained earnings | −0.5 MNOK | 0.2 MNOK | 0.9 MNOK |
| Total liabilities | 2.8 MNOK | 2.2 MNOK | 2.5 MNOK |
| Current liabilities | 1.9 MNOK | 1.5 MNOK | 2.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7173377.
Further
Similar companies
- WOGN HOLDING AS index 61, rank 6,410
- NODDELAND MASKIN AS index 61, rank 6,411
- STEINAR ENGEBRETSEN AS index 61, rank 6,413
- BØE MASKIN AS index 61, rank 6,414
- PH HOLDING AS index 61, rank 6,415