MAGEL AS
Score · fiscal year 2025
36of 100
How to read this: the company is ahead of 20 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 28,533 of 38,671 · Handel
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 11 and solidity 88 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
MAGEL AS is 13 points below the median for medium-sized companies in the same sector in 2025.
Median score 49 among 2,198 companies.
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 0 MNOK | 173 MNOK |
| Operating margin | – | 3.2% |
| Profit margin | – | 3.2% |
| Return on assets | −0.1% | 11.6% |
| Equity ratio | 72.0% | 32.6% |
| Debt-to-equity | 0.39 | 2.03 |
| Current ratio | 0.82 | 1.38 |
| Revenue growth | −100.0% | 6.8% |
The median and “ahead of” refer to medium-sized companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 36, MAGEL AS does better than 20% of medium-sized companies in the same sector (2,203 companies) in 2025.
Score 2023–2025
- MAGEL AS
- Median: medium-sized companies in the same sector
MAGEL AS has a score of 36 for 2025, rank 28,533 of 38,671 in the sector.
Strongest: Solidity: percentile 88 against peers, equity ratio 72.0% against a median of 32.6%. Consistency: percentile 63 against peers.
Weakest: Growth: percentile 0 against peers, revenue growth −100.0% against a median of 6.8%. Liquidity: percentile 7 against peers, current ratio 0.82 against a median of 1.38.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 1.2 times current assets. Based on: current ratio 0.82 (median 1.38).
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin – (median 3.2%).
- What lies behind weak growth, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
MAGEL AS had an operating margin of – and an equity ratio of 72.0% in 2025, and ranks 28,533 of 38,671 in Handel.
From 2024 to 2025: went from a profit to a loss before tax and revenue fell by 100%.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 74 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 74 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
- watch
Consider strengthening liquidity: current liabilities are 1.2 times current assets.
Based on: Current ratio 0.82 (median 1.38).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin – (median 3.2%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 6.2% 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.
Data quality
- watch No revenue but large assets
Scenario analysis: the sector's weakest year
We have no accounts for 2017, the sector's weakest year, for this company.
The sector's weakest year was 2017, with a median operating margin of −65.6%. 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 | 11 | weight 30% |
|---|---|---|
| Solidity | 88 | weight 25% |
| Liquidity | 7 | weight 15% |
| Growth | 0 | weight 15% |
| Consistency | 63 | weight 15% |
Durability: 46 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is MAGEL AS?
The operating margin was – in 2025, against a median of 3.2% among medium-sized companies in the same sector. Return on assets was −0.1%. The company made a loss before tax.
How solid is MAGEL AS?
The equity ratio was 72.0% in 2025 (median 32.6%). Debt-to-equity was 0.39 (median 2.03).
What is the liquidity of MAGEL AS like?
The current ratio was 0.82 in 2025 (median 1.38). Current assets did not cover current liabilities.
How does MAGEL AS compare in Handel?
MAGEL AS ranks 28,533 of 38,671 in Handel for 2025. Among companies of the same size (medium-sized companies) it ranks 1,755 of 2,203. Revenue changed by −100.0% from the year before.
Group accounts · 2025
21 of 100
Rank 914 of 975 groups with group accounts. Groups are ranked only against each other, not against single companies.
| Key figure | The group | The company alone (2025) |
|---|---|---|
| Operating margin | 1.1% | – |
| Return on assets | 9.5% | −0.1% |
| Equity ratio | 9.0% | 72.0% |
| Current ratio | 0.74 | 0.82 |
| Revenue growth | −24.5% | −100.0% |
Group index in earlier years: 2023: 26 (1009 of 1176), 2024: 33 (806 of 994).
Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.
Source: Brønnøysund Register Centre, group accounts 2025 (open data, NLOD 2.0).
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 982567882
- Legal form
- AS
- Sector
- Handel (46.322)
- Size tier
- medium
- Employees
- 0–4 (not registered)
- Founded
- 16 June 2000 26 years in operation
- Share capital
- 0.12 MNOK
- Business address
- c/o Sekkingstad AS, Skaganeset, 5382 SKOGSVÅG (ØYGARDEN)
- Municipality
- Øygarden rank 1–5 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
- Bård Sekkingstad
- Chair of the board
- Bård Sekkingstad
- Auditor
- KPMG AS
Source: Central Coordinating Register, fetched 25 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 | 50 | 50 | 36 | |
| Rank | 17,031 | 18,587 | 28,533 | |
| Operating margin | – | −128.6% | – | |
| Return on assets | 4.0% | 9.8% | −0.1% | |
| Equity ratio | 66.2% | 74.3% | 72.0% | |
| Current ratio | 0.67 | 0.38 | 0.82 | |
| Revenue growth | – | – | −100.0% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | – | 0.0 MNOK | 0.0 MNOK |
| Operating profit | −0.2 MNOK | 0.0 MNOK | −0.2 MNOK |
| Profit before tax | 3.3 MNOK | 8.7 MNOK | −1.9 MNOK |
| Net profit | 3.3 MNOK | 8.7 MNOK | −1.9 MNOK |
| Financial expenses | 0.8 MNOK | 1.3 MNOK | 1.8 MNOK |
| Total assets | 101.8 MNOK | 101.9 MNOK | 102.5 MNOK |
| Current assets | 1.9 MNOK | 1.4 MNOK | 2.1 MNOK |
| Equity | 67.4 MNOK | 75.7 MNOK | 73.8 MNOK |
| Retained earnings | 67.3 MNOK | 75.6 MNOK | 73.7 MNOK |
| Total liabilities | 34.4 MNOK | 26.2 MNOK | 28.7 MNOK |
| Current liabilities | 2.9 MNOK | 3.6 MNOK | 2.5 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 7193959.
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