MATHISEN AS

Org. no. 951648736 · RINGSAKER · Founded 1989 · 40 employees

Score · fiscal year 2023

62of 100

How to read this: the company is ahead of 70 % of small companies in the same sector in 2023. What does this mean?

Rank: 8,798 of 28,994 · Bygg og anlegg

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 55 and solidity 61 out of 100 among small companies in the same sector in 2023. Methodology

Against the sector

MATHISEN AS is 12 points above the median for small companies in the same sector in 2023.

Median score 50 among 27,966 companies.

Against small companies in the same sector in 2023: operating margin 3.8% (median 4.1%) and equity ratio 52.1% (median 36.8%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 28 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue85 MNOK3 MNOK
Operating margin 3.8% 4.1% 49 %
Profit margin 3.8% 3.8% shown, not part of the index
Return on assets 11.1% 5.9% 61 %
Equity ratio 52.1% 36.8% 65 %
Debt-to-equity 0.92 1.24 58 %
Current ratio 1.87 1.44 64 %
Revenue growth – 2.6% not compared
Revenue per employee2.14 MNOK1.38 MNOK

The median and “ahead of” refer to small companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 62, MATHISEN AS does better than 70% of small companies in the same sector (28,016 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • MATHISEN AS
  • Median: small companies in the same sector
Analysis · 2023

What the numbers say

MATHISEN AS had an operating margin of 3.8% and an equity ratio of 52.1% in 2023, and ranks 8,798 of 28,994 in Bygg og anlegg.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 15 MNOK and 31 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 2.5 MNOK 10.0 25 MNOK
EV/EBIT Operating profit: 3.3 MNOK
minus net debt −5.0 MNOK
8.0 31 MNOK
P/B Equity: 15.4 MNOK 1.0 15 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 · 2023

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 2023. The policy rate averaged 3.54 % 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.

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 2.5%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability55 weight 30%
Solidity61 weight 25%
Liquidity64 weight 15%
Growth– no data, left out
Consistency76 weight 15%

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

2023

Questions and answers

How profitable is MATHISEN AS?

The operating margin was 3.8% in 2023, against a median of 4.1% among small companies in the same sector. Return on assets was 11.1%.

How solid is MATHISEN AS?

The equity ratio was 52.1% in 2023 (median 36.8%). Debt-to-equity was 0.92 (median 1.24).

What is the liquidity of MATHISEN AS like?

The current ratio was 1.87 in 2023 (median 1.44).

How does MATHISEN AS compare in Bygg og anlegg?

MATHISEN AS ranks 8,798 of 28,994 in Bygg og anlegg for 2023. Among companies of the same size (small companies) it ranks 8,502 of 28,016.

Group accounts

The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.

Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.

We do not show the group structure, because open data does not say who owns whom.

Public contracts

Contracts awarded since 2024
1
Total awarded value since 2024
value not stated
1 contracts without a stated value are not in the total.
DateBuyerNotice ValueCPV
31 October 2024 Sirkula IKS Tjenesteavtale for vintervedlikehold value not stated 90000000
18 December 2023 Politiets fellestjenester Perimetersikring Hamar 1.7 MNOK (framework) 45342000

Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.

Source: Doffin (DFØ), fetched 27 October 2026. Winners are matched on organisation number.

Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0

From the Central Coordinating Register

Org. no.
951648736
Legal form
AS · part of a group
Sector
Bygg og anlegg (43.120)
Size tier
small
Employees
40 registered 10 July 2026
Founded
24 April 1989 37 years in operation
Share capital
0.41 MNOK
Business address
Jemtlandsvegen 9, 2383 BRUMUNDDAL (RINGSAKER)
Municipality
Ringsaker rank 6–12 of 13 in KOSTRA group 10
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
Øystein Mathisen
Chair of the board
Stein Midtmoen
Board member
Jan Morten Johansen
Board member
Vebjørn Høisveen Evensen
Board member
Øystein Mathisen
Auditor
FRAM 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.

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Figures last fetched 28 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index626060
Rank8,7989,4839,582
Operating margin3.8%3.2%1.1%
Return on assets11.1%9.4%4.0%
Equity ratio52.1%57.7%53.4%
Current ratio1.871.961.84
Revenue growth–−2.9%42.5%

Accounts

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

Key figure202320242025
Operating revenue85.5 MNOK83.0 MNOK118.3 MNOK
Operating profit3.3 MNOK2.6 MNOK1.3 MNOK
Profit before tax3.2 MNOK2.8 MNOK1.4 MNOK
Net profit2.5 MNOK2.2 MNOK1.1 MNOK
Financial expenses0.1 MNOK0.0 MNOK0.0 MNOK
Total assets29.5 MNOK30.5 MNOK34.9 MNOK
Current assets26.0 MNOK24.5 MNOK28.7 MNOK
Equity15.4 MNOK17.6 MNOK18.6 MNOK
Retained earnings15.0 MNOK17.2 MNOK3.2 MNOK
Total liabilities14.1 MNOK12.9 MNOK16.2 MNOK
Current liabilities13.9 MNOK12.5 MNOK15.6 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 4880451.