I3 Element AS

Org. no. 982128714 · Vang · Founded 2000 · 13 employees

Score · fiscal year 2025

22of 100

How to read this: the company is ahead of 9 % of companies in the Morning class Small in the same sector in 2025. What does this mean?

Rank in the Morning class Small: 5,036 of 5,557 · What are Morning company classes?
Place in the whole sector: 18,134 of 20,339 · Bygg og anlegg

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 17 and solidity 4 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology

Against the sector

I3 Element AS is 29 points below the median for companies in the Morning class Small in the same sector in 2025.

Median score 51 among 5,557 companies.

Against companies in the Morning class Small in the same sector in 2025: operating margin −1.3% (median 4.5%) and equity ratio 0.9% (median 34.1%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 28 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue23 MNOK19 MNOK
Operating margin −1.3% 4.5% 17 %
Profit margin −4.1% 4.2% shown, not part of the index
Return on assets −1.8% 10.9% 17 %
Equity ratio 0.9% 34.1% 8 %
Debt-to-equity 112.35 1.72 1 %
Current ratio 0.99 1.48 15 %
Revenue growth 27.6% 6.0% 77 %
Revenue per employee1.81 MNOK1.70 MNOK

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

With an index of 22, I3 Element AS does better than 9% of companies in the Morning class Small in the same sector (5,557 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • I3 Element AS
  • Median: companies in the Morning class Small in the same sector
Summary analysis

I3 Element AS has a score of 22 for 2025, rank 18,134 of 20,339 in the sector.

Strongest: Growth: percentile 77 against peers, revenue growth 27.6% against a median of 6.0%.

Weakest: Solidity: percentile 4 against peers, equity ratio 0.9% against a median of 34.1%. Consistency: percentile 15 against peers.

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

I3 Element AS had an operating margin of −1.3% and an equity ratio of 0.9% in 2025, and ranks 18,134 of 20,339 in Bygg og anlegg.

From 2024 to 2025: the operating margin rose from −7.4% to −1.3% and revenue grew by 28%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

One method gives a figure: 0 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −1.0 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −0.3 MNOK 8.0 not meaningful
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

  • watch

    The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?

    Based on: Equity ratio 0.9% (median 34.1%).

  • watch

    Consider strengthening liquidity: current liabilities are 1.0 times current assets.

    Based on: Current ratio 0.99 (median 1.48).

  • watch

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin −4.1% (median 4.2%).

  • watch

    The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?

    Based on: Operating margin −1.3% (median 4.5%).

  • watch

    Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?

    Based on: Revenue growth 27.6% (median 6.0%); Current ratio 0.99 (median 1.48).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 4.7% 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 · 2021

Scenario analysis: the sector's weakest year

We have no accounts for 2021, the sector's weakest year, for this company.

The sector's weakest year was 2021, with a median operating margin of 1.8%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability17 weight 30%
Solidity4 weight 25%
Liquidity15 weight 15%
Growth77 weight 15%
Consistency15 weight 15%

Durability: 19 (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 I3 Element AS?

The operating margin was −1.3% in 2025, against a median of 4.5% among companies in the Morning class Small in the same sector. Return on assets was −1.8%. The company made a loss before tax.

How solid is I3 Element AS?

The equity ratio was 0.9% in 2025 (median 34.1%). Debt-to-equity was 112.35 (median 1.72).

What is the liquidity of I3 Element AS like?

The current ratio was 0.99 in 2025 (median 1.48). Current assets did not cover current liabilities.

How does I3 Element AS compare in Bygg og anlegg?

I3 Element AS ranks 18,134 of 20,339 in Bygg og anlegg for 2025. Among companies in the Morning class Small it is number 5,036 of 5,557. Revenue changed by 27.6% from the year before.

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.

From the Central Coordinating Register

Org. no.
982128714
Legal form
AS · part of a group
Sector
Bygg og anlegg (41.000)
Morning company class
Small
Employees
13 registered 10 June 2026
Founded
26 April 2000 26 years in operation
Share capital
4.70 MNOK
Business address
Tyinvegen 3831, 2973 RYFOSS (VANG)
Municipality
Vang rank 2–12 of 36 in KOSTRA group 15
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

Loading roles …

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
Index241022
Rank15,35618,83818,134
Operating margin4.1%−7.4%−1.3%
Return on assets5.9%−7.9%−1.8%
Equity ratio17.1%6.5%0.9%
Current ratio1.031.020.99
Revenue growth–−27.3%27.6%

Accounts

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

Key figure202320242025
Operating revenue25.3 MNOK18.4 MNOK23.5 MNOK
Operating profit1.0 MNOK−1.4 MNOK−0.3 MNOK
Profit before tax0.5 MNOK−2.0 MNOK−1.0 MNOK
Net profit0.5 MNOK−2.0 MNOK−1.0 MNOK
Financial expenses0.6 MNOK0.6 MNOK0.7 MNOK
Total assets17.8 MNOK16.9 MNOK15.0 MNOK
Current assets4.4 MNOK4.6 MNOK3.8 MNOK
Equity3.1 MNOK1.1 MNOK0.1 MNOK
Retained earnings−3.1 MNOK−5.1 MNOK−6.1 MNOK
Total liabilities14.8 MNOK15.8 MNOK14.9 MNOK
Current liabilities4.3 MNOK4.5 MNOK3.8 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 6884392.