EM2 SYSTEMER AS
Score · fiscal year 2024
56of 100
How to read this: the company is ahead of 61 % of small companies in the same sector in 2024. What does this mean?
Rank: 12,085 of 31,127 · 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 73 and solidity 24 out of 100 among small companies in the same sector in 2024. Methodology
Against the sector
EM2 SYSTEMER AS is 6 points above the median for small companies in the same sector in 2024.
Median score 50 among 30,031 companies.
Against small companies in the same sector in 2024: operating margin 11.7% (median 3.8%) and equity ratio 17.7% (median 36.8%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 10 MNOK | 3 MNOK |
| Operating margin | 11.7% | 3.8% |
| Profit margin | 10.4% | 3.4% |
| Return on assets | 17.4% | 5.8% |
| Equity ratio | 17.7% | 36.8% |
| Debt-to-equity | 4.64 | 1.19 |
| Current ratio | 1.12 | 1.45 |
| Revenue growth | 69.1% | 1.8% |
| Revenue per employee | 0.77 MNOK | 1.40 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 56, EM2 SYSTEMER AS does better than 61% of small companies in the same sector (30,102 companies) in 2024.
Score 2023–2025
- EM2 SYSTEMER AS
- Median: small companies in the same sector
What the numbers say
EM2 SYSTEMER AS had an operating margin of 11.7% and an equity ratio of 17.7% in 2024, and ranks 12,085 of 31,127 in Bygg og anlegg.
From 2023 to 2024: revenue grew by 69% and the operating margin rose from 6.3% to 11.7%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 1 MNOK and 8 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 8 MNOK |
| EV/EBIT | 8.0 | 7 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
- watch
Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?
Based on: Revenue growth 69.1% (median 1.8%); Current ratio 1.12 (median 1.45).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 2.7% 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.
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 2.5%. 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 | 73 | weight 30% |
|---|---|---|
| Solidity | 24 | weight 25% |
| Liquidity | 35 | weight 15% |
| Growth | 88 | weight 15% |
| Consistency | 62 | weight 15% |
Durability: 49 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is EM2 SYSTEMER AS?
The operating margin was 11.7% in 2024, against a median of 3.8% among small companies in the same sector. Return on assets was 17.4%.
How solid is EM2 SYSTEMER AS?
The equity ratio was 17.7% in 2024 (median 36.8%). Debt-to-equity was 4.64 (median 1.19).
What is the liquidity of EM2 SYSTEMER AS like?
The current ratio was 1.12 in 2024 (median 1.45).
How does EM2 SYSTEMER AS compare in Bygg og anlegg?
EM2 SYSTEMER AS ranks 12,085 of 31,127 in Bygg og anlegg for 2024. Among companies of the same size (small companies) it ranks 11,674 of 30,102. Revenue changed by 69.1% from the year before.
From the Central Coordinating Register
- Org. no.
- 923130861
- Legal form
- AS
- Sector
- Bygg og anlegg (41.000)
- Size tier
- small
- Employees
- 13 registered 10 August 2026
- Founded
- 1 July 2019 7 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Kongevegen 90, 2730 LUNNER
- Municipality
- Lunner rank 16–27 of 40 in KOSTRA group 1
- 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
- Edvardas Selvenis
- Chair of the board
- Martynas Sarva
- Board member
- Edvardas Selvenis
- Board member
- Dangyra Selvene
- Auditor
- ABC REVISJON 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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 42 | 56 | 46 | |
| Rank | 18,398 | 12,085 | 19,072 | |
| Operating margin | 6.3% | 11.7% | 5.3% | |
| Return on assets | 13.2% | 17.4% | 8.0% | |
| Equity ratio | 14.0% | 17.7% | 21.6% | |
| Current ratio | 1.25 | 1.12 | 1.33 | |
| Revenue growth | – | 69.1% | −8.8% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 5.9 MNOK | 10.0 MNOK | 9.1 MNOK |
| Operating profit | 0.4 MNOK | 1.2 MNOK | 0.5 MNOK |
| Profit before tax | 0.3 MNOK | 1.0 MNOK | 0.2 MNOK |
| Net profit | 0.2 MNOK | 0.8 MNOK | 0.2 MNOK |
| Financial expenses | 0.1 MNOK | 0.2 MNOK | 0.3 MNOK |
| Total assets | 2.8 MNOK | 6.8 MNOK | 6.4 MNOK |
| Current assets | 1.4 MNOK | 2.3 MNOK | 2.1 MNOK |
| Equity | 0.4 MNOK | 1.2 MNOK | 1.4 MNOK |
| Retained earnings | 0.4 MNOK | 1.2 MNOK | 1.3 MNOK |
| Total liabilities | 2.4 MNOK | 5.6 MNOK | 5.0 MNOK |
| Current liabilities | 1.1 MNOK | 2.1 MNOK | 1.6 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5937131.
Further
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