Modhus AS
Accounts for 2025 are missing. The deadline was 31 July 2026. The Brønnøysund Register Centre does not publish when accounts arrived, only the latest year filed.
Score · fiscal year 2024
32of 100
How to read this: the company is ahead of 22 % of companies in the Morning class Micro in the same sector in 2024. What does this mean?
Rank in the Morning class Micro: 9,451 of 12,192 · What are Morning company classes?
Place in the whole sector: 15,336 of 19,395 · Bygg og anlegg
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 18 and solidity 16 out of 100 among companies in the Morning class Micro in the same sector in 2024. Methodology
Against the sector
Modhus AS is 18 points below the median for companies in the Morning class Micro in the same sector in 2024.
Median score 50 among 12,183 companies.
Against companies in the Morning class Micro in the same sector in 2024: operating margin −4.3% (median 3.7%) and equity ratio 7.5% (median 33.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 1 MNOK | 3 MNOK |
| Operating margin | −4.3% | 3.7% |
| Profit margin | −4.3% | 3.0% |
| Return on assets | −13.4% | 8.0% |
| Equity ratio | 7.5% | 33.4% |
| Debt-to-equity | 12.26 | 1.42 |
| Current ratio | 56.00 | 1.42 |
| Revenue growth | −24.3% | 4.1% |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 32, Modhus AS does better than 22% of companies in the Morning class Micro in the same sector (12,192 companies) in 2024.
Score 2022–2024
- Modhus AS
- Median: companies in the Morning class Micro in the same sector
Modhus AS has a score of 32 for 2024, rank 15,336 of 19,395 in the sector.
Strongest: Liquidity: percentile 100 against peers, current ratio 56.00 against a median of 1.42.
Weakest: Solidity: percentile 16 against peers, equity ratio 7.5% against a median of 33.4%. Growth: percentile 17 against peers, revenue growth −24.3% against a median of 4.1%.
Worth a closer look
- The equity ratio is very low. Could the company absorb a bad year, and does it need more equity? Based on: equity ratio 7.5% (median 33.4%).
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −4.3% (median 3.0%).
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin −4.3% (median 3.7%).
- What lies behind weak solidity, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
Modhus AS had an operating margin of −4.3% and an equity ratio of 7.5% in 2024, and ranks 15,336 of 19,395 in Bygg og anlegg.
From 2023 to 2024: the equity ratio rose from −42.6% to 7.5% and the operating margin rose from −11.6% to −4.3%.
This text is generated automatically from the 2024 accounts.
Three simple methods
One method gives a figure: 0 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 0 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
The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?
Based on: Equity ratio 7.5% (median 33.4%).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −4.3% (median 3.0%).
- 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 −4.3% (median 3.7%).
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.
Scenario analysis: the sector's weakest year
We have no accounts for 2021, the sector's weakest year, for this company.
The sector's weakest year was 2021, with a median operating margin of 1.8%. 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 | 18 | weight 30% |
|---|---|---|
| Solidity | 16 | weight 25% |
| Liquidity | 100 | weight 15% |
| Growth | 17 | weight 15% |
| Consistency | 36 | weight 15% |
Durability: 31 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Modhus AS?
The operating margin was −4.3% in 2024, against a median of 3.7% among companies in the Morning class Micro in the same sector. Return on assets was −13.4%. The company made a loss before tax.
How solid is Modhus AS?
The equity ratio was 7.5% in 2024 (median 33.4%). Debt-to-equity was 12.26 (median 1.42).
What is the liquidity of Modhus AS like?
The current ratio was 56.00 in 2024 (median 1.42).
How does Modhus AS compare in Bygg og anlegg?
Modhus AS ranks 15,336 of 19,395 in Bygg og anlegg for 2024. Among companies in the Morning class Micro it is number 9,451 of 12,192. Revenue changed by −24.3% from the year before.
From the Central Coordinating Register
- Org. no.
- 924599839
- Legal form
- AS
- Sector
- Bygg og anlegg (41.000)
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 6 January 2020 6 years in operation
- Share capital
- 0.03 MNOK
- Business address
- C/O Robert Inge Nævdal, Kalfarveien 112, 5022 BERGEN
- Municipality
- Bergen rank 8 of 11 in KOSTRA group 12
- Audit
- Audit opted out from 17 February 2020
- Latest accounts filed
- 2024
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
Loading roles …
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 · 2022–2024
| Key figure | 2022 | 2023 | 2024 | Trend |
|---|---|---|---|---|
| Index | 52 | 8 | 32 | |
| Rank | 129 | 17,382 | 15,336 | |
| Operating margin | 1.3% | −11.6% | −4.3% | |
| Return on assets | 8.4% | −91.6% | −13.4% | |
| Equity ratio | 12.5% | −42.6% | 7.5% | |
| Current ratio | 1.38 | 0.70 | 56.00 | |
| Revenue growth | – | −44.1% | −24.3% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2022 | 2023 | 2024 |
|---|---|---|---|
| Operating revenue | 2.4 MNOK | 1.3 MNOK | 1.0 MNOK |
| Operating profit | 0.0 MNOK | −0.2 MNOK | 0.0 MNOK |
| Profit before tax | 0.0 MNOK | −0.2 MNOK | 0.0 MNOK |
| Net profit | 0.0 MNOK | −0.2 MNOK | 0.0 MNOK |
| Financial expenses | – | – | 0.0 MNOK |
| Total assets | 0.4 MNOK | 0.2 MNOK | 0.3 MNOK |
| Current assets | 0.4 MNOK | 0.2 MNOK | 0.1 MNOK |
| Equity | 0.0 MNOK | −0.1 MNOK | 0.0 MNOK |
| Retained earnings | 0.0 MNOK | −0.1 MNOK | 0.0 MNOK |
| Total liabilities | 0.3 MNOK | 0.2 MNOK | 0.3 MNOK |
| Current liabilities | 0.3 MNOK | 0.2 MNOK | 0.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6274489.
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