ELLINGARD AS

Org. no. 971155949 · OSLO · Founded 1994 · 146 employees

Score · fiscal year 2023

49of 100

How to read this: the company is ahead of 48 % of medium-sized companies in the same sector in 2023. What does this mean?

Rank: 15,297 of 28,987 · Bygg og anlegg

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 81 and solidity 31 out of 100 among medium-sized companies in the same sector in 2023. Methodology

Against the sector

ELLINGARD AS is 1 points below the median for medium-sized companies in the same sector in 2023.

Median score 50 among 950 companies.

Against medium-sized companies in the same sector in 2023: operating margin 9.3% (median 4.6%) and equity ratio 21.8% (median 28.9%).

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 revenue152 MNOK178 MNOK
Operating margin 9.3% 4.6% 82 %
Profit margin 9.6% 4.6% shown, not part of the index
Return on assets 20.2% 10.2% 80 %
Equity ratio 21.8% 28.9% 32 %
Debt-to-equity 3.59 2.38 30 %
Current ratio 1.33 1.33 50 %
Revenue growth – 24.8% not compared
Revenue per employee1.04 MNOK2.99 MNOK

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

With an index of 49, ELLINGARD AS does better than 48% of medium-sized companies in the same sector (950 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • ELLINGARD AS
  • Median: medium-sized companies in the same sector
Analysis · 2023

What the numbers say

ELLINGARD AS had an operating margin of 9.3% and an equity ratio of 21.8% in 2023, and ranks 15,297 of 28,987 in Bygg og anlegg.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 16 MNOK and 114 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 11.4 MNOK 10.0 114 MNOK
EV/EBIT Operating profit: 14.2 MNOK
minus net debt 4.0 MNOK
8.0 110 MNOK
P/B Equity: 16.4 MNOK 1.0 16 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 0.8% 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 2.4%. 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

Profitability81 weight 30%
Solidity31 weight 25%
Liquidity50 weight 15%
Growth– no data, left out
Consistency13 weight 15%

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

2023

Questions and answers

How profitable is ELLINGARD AS?

The operating margin was 9.3% in 2023, against a median of 4.6% among medium-sized companies in the same sector. Return on assets was 20.2%.

How solid is ELLINGARD AS?

The equity ratio was 21.8% in 2023 (median 28.9%). Debt-to-equity was 3.59 (median 2.38).

What is the liquidity of ELLINGARD AS like?

The current ratio was 1.33 in 2023 (median 1.33).

How does ELLINGARD AS compare in Bygg og anlegg?

ELLINGARD AS ranks 15,297 of 28,987 in Bygg og anlegg for 2023. Among companies of the same size (medium-sized companies) it ranks 490 of 950.

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
14 October 2024 Oslo kommune v/ Boligbygg Oslo KF Totalentreprise for rehabilitering av våtrom- Trondheimsveien 403-405 value not stated 45211300

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.
971155949
Legal form
AS
Sector
Bygg og anlegg (43.990)
Size tier
medium
Employees
146 registered 10 October 2026
Founded
3 October 1994 32 years in operation
Share capital
0.63 MNOK
Business address
Standardveien 1, 0581 OSLO
Municipality
Oslo rank 63–221 of 357 in Norway
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
Pål Smith
Chair of the board
Lars-Petter Rinnan
Auditor
SLM REVISJON AS
Accountant
ABACUS RATIO 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.

Report an issue

Figures last fetched 28 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index494451
Rank15,29719,62215,758
Operating margin9.3%1.4%4.4%
Return on assets20.2%9.2%12.1%
Equity ratio21.8%21.7%26.7%
Current ratio1.331.301.50
Revenue growth–65.9%13.2%

Accounts

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

Key figure202320242025
Operating revenue152.4 MNOK252.8 MNOK286.2 MNOK
Operating profit14.2 MNOK3.6 MNOK12.5 MNOK
Profit before tax14.7 MNOK3.8 MNOK12.7 MNOK
Net profit11.4 MNOK2.9 MNOK9.8 MNOK
Financial expenses0.5 MNOK5.2 MNOK0.7 MNOK
Total assets75.1 MNOK98.2 MNOK110.7 MNOK
Current assets68.4 MNOK82.1 MNOK100.3 MNOK
Equity16.4 MNOK21.3 MNOK29.5 MNOK
Retained earnings1.8 MNOK4.2 MNOK12.5 MNOK
Total liabilities58.7 MNOK76.9 MNOK81.2 MNOK
Current liabilities51.4 MNOK63.2 MNOK66.9 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 4857099.

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