ELCON BROKER AS
Score · fiscal year 2024
58of 100
How to read this: the company is ahead of 65 % of companies in the Morning class Small in the same sector in 2024. What does this mean?
Rank in the Morning class Small: 2,527 of 7,172 · What are Morning company classes?
Place in the whole sector: 7,722 of 22,346 · Handel
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 93 and solidity 52 out of 100 among companies in the Morning class Small in the same sector in 2024. Methodology
Against the sector
ELCON BROKER AS is 7 points above the median for companies in the Morning class Small in the same sector in 2024.
Median score 51 among 7,172 companies.
Against companies in the Morning class Small in the same sector in 2024: operating margin 19.1% (median 3.0%) and equity ratio 39.5% (median 36.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 16 MNOK | 20 MNOK |
| Operating margin | 19.1% | 3.0% |
| Profit margin | 18.9% | 2.7% |
| Return on assets | 32.0% | 8.9% |
| Equity ratio | 39.5% | 36.4% |
| Debt-to-equity | 1.53 | 1.53 |
| Current ratio | 1.43 | 1.71 |
| Revenue growth | −9.3% | 3.8% |
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 58, ELCON BROKER AS does better than 65% of companies in the Morning class Small in the same sector (7,172 companies) in 2024.
Score 2023–2025
- ELCON BROKER AS
- Median: companies in the Morning class Small in the same sector
What the numbers say
ELCON BROKER AS had an operating margin of 19.1% and an equity ratio of 39.5% in 2024, and ranks 7,722 of 22,346 in Handel.
From 2023 to 2024: the operating margin rose from 12.0% to 19.1%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 4 MNOK and 29 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 24 MNOK |
| EV/EBIT | 8.0 | 29 MNOK |
| P/B | 1.0 | 4 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
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 1.3% 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.
Data quality
No anomalies found in the figures.
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
What the score is made of
| Profitability | 93 | weight 30% |
|---|---|---|
| Solidity | 52 | weight 25% |
| Liquidity | 38 | weight 15% |
| Growth | 17 | weight 15% |
| Consistency | 61 | weight 15% |
Durability: 59 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is ELCON BROKER AS?
The operating margin was 19.1% in 2024, against a median of 3.0% among companies in the Morning class Small in the same sector. Return on assets was 32.0%.
How solid is ELCON BROKER AS?
The equity ratio was 39.5% in 2024 (median 36.4%). Debt-to-equity was 1.53 (median 1.53).
What is the liquidity of ELCON BROKER AS like?
The current ratio was 1.43 in 2024 (median 1.71).
How does ELCON BROKER AS compare in Handel?
ELCON BROKER AS ranks 7,722 of 22,346 in Handel for 2024. Among companies in the Morning class Small it is number 2,527 of 7,172. Revenue changed by −9.3% from the year before.
From the Central Coordinating Register
- Org. no.
- 967926140
- Legal form
- AS
- Sector
- Handel (46.900)
- Morning company class
- Small
- Employees
- 0–4 (not registered)
- Founded
- 31 August 1993 33 years in operation
- Share capital
- 0.25 MNOK
- Business address
- Våleveien 25, 3083 HOLMESTRAND
- Municipality
- Holmestrand rank 7–14 of 27 in KOSTRA group 9
- Latest accounts filed
- 2025
- Website
- www.elcon-broker.no
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
- Robert Frøland Bolin
- Chair of the board
- Bjørn Bolin
- Board member
- Robert Frøland Bolin
- Deputy member
- Nils Petter Steen
- Auditor
- BDO AS
- Accountant
- ADMENTO 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.
Figures last fetched 28 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 60 | 58 | 76 | |
| Rank | 7,422 | 7,722 | 1,542 | |
| Operating margin | 12.0% | 19.1% | 24.4% | |
| Return on assets | 17.0% | 32.0% | 65.1% | |
| Equity ratio | 38.1% | 39.5% | 47.7% | |
| Current ratio | 1.40 | 1.43 | 2.02 | |
| Revenue growth | – | −9.3% | 44.7% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 17.9 MNOK | 16.2 MNOK | 23.4 MNOK |
| Operating profit | 2.2 MNOK | 3.1 MNOK | 5.7 MNOK |
| Profit before tax | 2.0 MNOK | 3.1 MNOK | 5.6 MNOK |
| Net profit | 1.6 MNOK | 2.4 MNOK | 4.4 MNOK |
| Financial expenses | 0.2 MNOK | 0.1 MNOK | 0.2 MNOK |
| Total assets | 13.0 MNOK | 9.8 MNOK | 8.9 MNOK |
| Current assets | 11.1 MNOK | 8.3 MNOK | 7.7 MNOK |
| Equity | 5.0 MNOK | 3.9 MNOK | 4.3 MNOK |
| Retained earnings | 4.7 MNOK | 3.6 MNOK | 4.0 MNOK |
| Total liabilities | 8.1 MNOK | 5.9 MNOK | 4.7 MNOK |
| Current liabilities | 7.9 MNOK | 5.8 MNOK | 3.8 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 5881031.
Further
Similar companies
- GOLD INVEST AS index 58, rank 7,708 · compare
- VARMEPARTNER AS index 58, rank 7,710 · compare
- SMÅ SPOR AS index 58, rank 7,714 · compare
- SIV HELEEN ANDERSEN AS index 58, rank 7,720 · compare
- HS RETAIL AS index 58, rank 7,726 · compare