ELSE DESIGN AS

Org. no. 925418943 · LARVIK · Founded 2020

Score · fiscal year 2025

54of 100

How to read this: the company is ahead of 57 % of small companies in the same sector in 2025. What does this mean?

Rank: 16,672 of 38,670 · Handel

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 70 and solidity 21 out of 100 among small companies in the same sector in 2025. Methodology

Against the sector

ELSE DESIGN AS is 4 points above the median for small companies in the same sector in 2025.

Median score 50 among 36,110 companies.

Against small companies in the same sector in 2025: operating margin 20.4% (median 2.5%) and equity ratio 12.1% (median 38.3%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue0 MNOK3 MNOK
Operating margin 20.4% 2.5% 88 %
Profit margin 20.4% 2.2% shown, not part of the index
Return on assets 4.8% 4.0% 52 %
Equity ratio 12.1% 38.3% 29 %
Debt-to-equity 7.29 0.99 12 %
Current ratio 53.79 1.70 96 %
Revenue growth 0.2% 3.5% 42 %

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 54, ELSE DESIGN AS does better than 57% of small companies in the same sector (36,579 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • ELSE DESIGN AS
  • Median: small companies in the same sector
Summary analysis

ELSE DESIGN AS has a score of 54 for 2025, rank 16,672 of 38,670 in the sector.

Strongest: Liquidity: percentile 96 against peers, current ratio 53.79 against a median of 1.70. Profitability: percentile 70 against peers, operating margin 20.4% against a median of 2.5%.

Weakest: Solidity: percentile 21 against peers, equity ratio 12.1% against a median of 38.3%.

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

ELSE DESIGN AS had an operating margin of 20.4% and an equity ratio of 12.1% in 2025, and ranks 16,672 of 38,670 in Handel.

From 2024 to 2025: the operating margin rose from −10.9% to 20.4% and went from a loss to a profit before tax.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 0 MNOK and 0 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.0 MNOK 10.0 0 MNOK
EV/EBIT Operating profit: 0.0 MNOK
minus net debt 0.6 MNOK
8.0 debt above value
P/B Equity: 0.1 MNOK 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

Indications · 2025

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.

Stress test · 2017

Scenario analysis: the sector's weakest year

We have no accounts for 2017, the sector's weakest year, for this company.

The sector's weakest year was 2017, with a median operating margin of −65.6%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability70 weight 30%
Solidity21 weight 25%
Liquidity96 weight 15%
Growth42 weight 15%
Consistency45 weight 15%

Durability: 45 (average over 3 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is ELSE DESIGN AS?

The operating margin was 20.4% in 2025, against a median of 2.5% among small companies in the same sector. Return on assets was 4.8%.

How solid is ELSE DESIGN AS?

The equity ratio was 12.1% in 2025 (median 38.3%). Debt-to-equity was 7.29 (median 0.99).

What is the liquidity of ELSE DESIGN AS like?

The current ratio was 53.79 in 2025 (median 1.70).

How does ELSE DESIGN AS compare in Handel?

ELSE DESIGN AS ranks 16,672 of 38,670 in Handel for 2025. Among companies of the same size (small companies) it ranks 15,637 of 36,579. Revenue changed by 0.2% from the year before.

From the Central Coordinating Register

Org. no.
925418943
Legal form
AS
Sector
Handel (47.551)
Size tier
small
Employees
0–4 (not registered)
Founded
15 July 2020 6 years in operation
Share capital
0.03 MNOK
Business address
Elveveien 33, 3262 LARVIK
Municipality
Larvik rank 4 of 10 in KOSTRA group 11
Audit
Audit opted out from 3 August 2020
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
Siv Therese Gran
Chair of the board
Siv Therese Gran
Accountant
BAUTA REGNSKAP 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.

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index473454
Rank19,20728,13216,672
Operating margin3.6%−10.9%20.4%
Return on assets1.1%−2.6%4.8%
Equity ratio10.1%7.7%12.1%
Current ratio83.61121.1253.79
Revenue growth–−22.8%0.2%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure202320242025
Operating revenue0.2 MNOK0.2 MNOK0.2 MNOK
Operating profit0.0 MNOK0.0 MNOK0.0 MNOK
Profit before tax0.0 MNOK0.0 MNOK0.0 MNOK
Net profit0.0 MNOK0.0 MNOK0.0 MNOK
Financial expenses0.0 MNOK0.0 MNOK–
Total assets0.8 MNOK0.8 MNOK0.8 MNOK
Current assets0.8 MNOK0.8 MNOK0.8 MNOK
Equity0.1 MNOK0.1 MNOK0.1 MNOK
Retained earnings0.1 MNOK0.0 MNOK0.1 MNOK
Total liabilities0.7 MNOK0.7 MNOK0.7 MNOK
Current liabilities0.0 MNOK0.0 MNOK0.0 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6521453.

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