MORELLER AS

Org. no. 934140885 · Bergen · Founded 2024 · 5 employees

Score · fiscal year 2025

65of 100

How to read this: the company is ahead of 79 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?

Rank in the Morning class Micro: 2,408 of 11,388 · What are Morning company classes?
Place in the whole sector: 4,880 of 23,059 · Handel

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 88 and solidity 50 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology

Against the sector

MORELLER AS is 15 points above the median for companies in the Morning class Micro in the same sector in 2025.

Median score 50 among 11,385 companies.

Against companies in the Morning class Micro in the same sector in 2025: operating margin 11.3% (median 2.6%) and equity ratio 40.6% (median 33.8%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 27 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue4 MNOK4 MNOK
Operating margin 11.3% 2.6% 79 %
Profit margin 11.3% 2.2% shown, not part of the index
Return on assets 62.8% 6.2% 97 %
Equity ratio 40.6% 33.8% 56 %
Debt-to-equity 1.46 1.23 45 %
Current ratio 1.55 1.75 44 %
Revenue growth – 4.0% not compared
Revenue per employee0.81 MNOK0.76 MNOK

The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 65, MORELLER AS does better than 79% of companies in the Morning class Micro in the same sector (11,388 companies) in 2025.

Over time

Score over time

Score over time needs at least two fiscal years with a score. It will appear when next year's figures are fetched or history is imported.

Summary analysis

MORELLER AS has a score of 65 for 2025, rank 4,880 of 23,059 in the sector.

Strongest: Profitability: percentile 88 against peers, operating margin 11.3% against a median of 2.6%. Consistency: percentile 66 against peers.

No area is clearly below its peers.

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

MORELLER AS had an operating margin of 11.3% and an equity ratio of 40.6% in 2025, and ranks 4,880 of 23,059 in Handel.

From 2024 to 2025: the equity ratio rose from −23.8% to 40.6% 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 4 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.4 MNOK 10.0 4 MNOK
EV/EBIT Operating profit: 0.5 MNOK
minus net debt −0.2 MNOK
8.0 4 MNOK
P/B Equity: 0.3 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.

Financial costs were 0.3% of the debt in 2025. The policy rate averaged 4.30 % 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.

Stress test · 2022

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 1.5%. 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

Profitability88 weight 30%
Solidity50 weight 25%
Liquidity44 weight 15%
Growth– no data, left out
Consistency66 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2025

Questions and answers

How profitable is MORELLER AS?

The operating margin was 11.3% in 2025, against a median of 2.6% among companies in the Morning class Micro in the same sector. Return on assets was 62.8%.

How solid is MORELLER AS?

The equity ratio was 40.6% in 2025 (median 33.8%). Debt-to-equity was 1.46 (median 1.23).

What is the liquidity of MORELLER AS like?

The current ratio was 1.55 in 2025 (median 1.75).

How does MORELLER AS compare in Handel?

MORELLER AS ranks 4,880 of 23,059 in Handel for 2025. Among companies in the Morning class Micro it is number 2,408 of 11,388.

From the Central Coordinating Register

Org. no.
934140885
Legal form
AS
Sector
Handel (47.110)
Morning company class
Micro
Employees
5 registered 10 October 2026
Founded
28 August 2024 2 years in operation
Share capital
0.03 MNOK
Business address
Nygårdsgaten 6, 5015 BERGEN
Municipality
Bergen rank 8 of 11 in KOSTRA group 12
Audit
Audit opted out from 20 September 2024
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
Mohmad Jihad Miqdad
Chair of the board
Mohmad Jihad Miqdad
Accountant
REGNSKAPSKILDEN 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 27 October 2026.

Details

Year by year · 2024–2025

Key figure20242025Trend
Index–65
Rank–4,880
Operating margin–11.3%
Return on assets−30.7%62.8%
Equity ratio−23.8%40.6%
Current ratio0.811.55
Revenue growth––

Accounts

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

Key figure20242025
Operating revenue–4.0 MNOK
Operating profit−0.1 MNOK0.5 MNOK
Profit before tax−0.1 MNOK0.5 MNOK
Net profit−0.1 MNOK0.4 MNOK
Financial expenses–0.0 MNOK
Total assets0.4 MNOK0.7 MNOK
Current assets0.4 MNOK0.7 MNOK
Equity−0.1 MNOK0.3 MNOK
Retained earnings−0.1 MNOK0.3 MNOK
Total liabilities0.4 MNOK0.4 MNOK
Current liabilities0.4 MNOK0.4 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 6985970.

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