Elektro AS
Score · fiscal year 2024
55of 100
How to read this: the company is ahead of 59 % of companies in the Morning class Small in the same sector in 2024. What does this mean?
Rank in the Morning class Small: 2,193 of 5,341 · What are Morning company classes?
Place in the whole sector: 7,940 of 19,384 · Bygg og anlegg
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 33 and solidity 79 out of 100 among companies in the Morning class Small in the same sector in 2024. Methodology
Against the sector
Elektro AS is 4 points above the median for companies in the Morning class Small in the same sector in 2024.
Median score 51 among 5,341 companies.
Against companies in the Morning class Small in the same sector in 2024: operating margin 2.6% (median 4.7%) and equity ratio 55.6% (median 34.8%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 28 MNOK | 19 MNOK |
| Operating margin | 2.6% | 4.7% |
| Profit margin | 2.9% | 4.4% |
| Return on assets | 4.6% | 11.0% |
| Equity ratio | 55.6% | 34.8% |
| Debt-to-equity | 0.80 | 1.72 |
| Current ratio | 2.05 | 1.49 |
| Revenue growth | −12.6% | 4.1% |
| Revenue per employee | 1.05 MNOK | 1.67 MNOK |
The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 55, Elektro AS does better than 59% of companies in the Morning class Small in the same sector (5,341 companies) in 2024.
Score 2023–2025
- Elektro AS
- Median: companies in the Morning class Small in the same sector
What the numbers say
Elektro AS had an operating margin of 2.6% and an equity ratio of 55.6% in 2024, and ranks 7,940 of 19,384 in Bygg og anlegg.
From 2023 to 2024: the operating margin fell from 10.7% to 2.6% and revenue fell by 13%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 8 MNOK and 14 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 16.9 | 13 MNOK |
| EV/EBIT | 12.7 | 14 MNOK |
| P/B | 1.6 | 8 MNOK |
The listed basis is the value at listed multiples. The estimate is lowered by 51% for an unlisted company: 20% for lack of marketability and 38% for size (a small-company premium of 4% on the cost of equity).
A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. 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.
Financial costs were 0.5% 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 | 33 | weight 30% |
|---|---|---|
| Solidity | 79 | weight 25% |
| Liquidity | 76 | weight 15% |
| Growth | 22 | weight 15% |
| Consistency | 70 | weight 15% |
Durability: 66 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Elektro AS?
The operating margin was 2.6% in 2024, against a median of 4.7% among companies in the Morning class Small in the same sector. Return on assets was 4.6%.
How solid is Elektro AS?
The equity ratio was 55.6% in 2024 (median 34.8%). Debt-to-equity was 0.80 (median 1.72).
What is the liquidity of Elektro AS like?
The current ratio was 2.05 in 2024 (median 1.49).
How does Elektro AS compare in Bygg og anlegg?
Elektro AS ranks 7,940 of 19,384 in Bygg og anlegg for 2024. Among companies in the Morning class Small it is number 2,193 of 5,341. Revenue changed by −12.6% from the year before.
From the Central Coordinating Register
- Org. no.
- 925215996
- Legal form
- AS
- Sector
- Bygg og anlegg (43.210)
- Morning company class
- Small
- Employees
- 27 registered 10 September 2026
- Founded
- 3 July 1973 53 years in operation
- Share capital
- 0.05 MNOK
- Business address
- Skeiveien 49, 6650 SURNADAL
- Municipality
- Surnadal rank 7–29 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
Loading roles …
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
Shareholders (2025)
- Number of shareholders
- 1 (one owner)
- Largest owner
- 100.0%
- Split
- companies 100% · private persons 0% · foreign 0%
- Owned from the same municipality
- 100%
- Group chain
-
Owned by: Fiske Holding AS (100%)
Ultimate owner: Fiske Holding AS
- Fiske Holding AS · 100.0%
Change 2007–2025:
100% of the shares changed owner (1 new and 1 departed owners). The majority owner changed.
New owners (companies): Fiske Holding AS
Holds shares in: Midtnorsk Opplæring AS (0%)
Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.
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 | 76 | 55 | 62 | |
| Rank | 2,416 | 7,940 | 5,500 | |
| Operating margin | 10.7% | 2.6% | 3.3% | |
| Return on assets | 18.4% | 4.6% | 6.3% | |
| Equity ratio | 52.6% | 55.6% | 58.2% | |
| Current ratio | 1.91 | 2.05 | 2.17 | |
| Revenue growth | – | −12.6% | 8.0% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 32.5 MNOK | 28.4 MNOK | 30.7 MNOK |
| Operating profit | 3.5 MNOK | 0.7 MNOK | 1.0 MNOK |
| Profit before tax | 3.6 MNOK | 0.8 MNOK | 1.2 MNOK |
| Tax expense | 1.0 MNOK | 0.2 MNOK | 0.2 MNOK |
| Net profit | 2.6 MNOK | 0.6 MNOK | 0.9 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 19.5 MNOK | 18.8 MNOK | 18.9 MNOK |
| Current assets | 17.6 MNOK | 17.1 MNOK | 17.2 MNOK |
| Equity | 10.2 MNOK | 10.5 MNOK | 11.0 MNOK |
| Retained earnings | 10.2 MNOK | 10.4 MNOK | 11.0 MNOK |
| Total liabilities | 9.2 MNOK | 8.4 MNOK | 7.9 MNOK |
| Current liabilities | 9.2 MNOK | 8.4 MNOK | 7.9 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6187775.
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