LUCERNA AS
Score · fiscal year 2025
67of 100
How to read this: the company is ahead of 88 % of companies in the Morning class Medium in the same sector in 2025. What does this mean?
Rank in the Morning class Medium: 24 of 193 · What are Morning company classes?
Place in the whole sector: 123 of 878 · Kraft og energi
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 57 and solidity 85 out of 100 among companies in the Morning class Medium in the same sector in 2025. Methodology
Against the sector
LUCERNA AS is 18 points above the median for companies in the Morning class Medium in the same sector in 2025.
Median score 49 among 193 companies.
Against companies in the Morning class Medium in the same sector in 2025: operating margin 21.6% (median 13.3%) and equity ratio 68.1% (median 43.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 130 MNOK | 131 MNOK |
| Operating margin | 21.6% | 13.3% |
| Profit margin | 19.2% | 12.8% |
| Return on assets | 6.2% | 6.1% |
| Equity ratio | 68.1% | 43.4% |
| Debt-to-equity | 0.47 | 1.28 |
| Current ratio | 3.79 | 1.15 |
| Revenue growth | 2.7% | 5.6% |
| Revenue per employee | 3.18 MNOK | 4.95 MNOK |
The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 67, LUCERNA AS does better than 88% of companies in the Morning class Medium in the same sector (193 companies) in 2025.
Score 2023–2025
- LUCERNA AS
- Median: companies in the Morning class Medium in the same sector
LUCERNA AS has a score of 67 for 2025, rank 123 of 878 in the sector.
Strongest: Liquidity: percentile 92 against peers, current ratio 3.79 against a median of 1.15. Solidity: percentile 85 against peers, equity ratio 68.1% against a median of 43.4%.
No area is clearly below its peers.
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
LUCERNA AS had an operating margin of 21.6% and an equity ratio of 68.1% in 2025, and ranks 123 of 878 in Kraft og energi.
From 2024 to 2025: the operating margin rose from 9.2% to 21.6% and the equity ratio fell from 74.7% to 68.1%.
LUCERNA AS did better than the sector in 2025, the sector's weakest year.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 96 MNOK and 325 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 196 MNOK |
| EV/EBIT | 8.0 | 96 MNOK |
| P/B | 1.0 | 325 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 3.0% 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.
Scenario analysis: the sector's weakest year
The operating margin was 21.6% in 2025 (sector median 15.7%), and the equity ratio 68.1%. In the other years the operating margin averaged 15.1%.
The sector's weakest year was 2025, with a median operating margin of 15.7%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 57 | weight 30% |
|---|---|---|
| Solidity | 85 | weight 25% |
| Liquidity | 92 | weight 15% |
| Growth | 43 | weight 15% |
| Consistency | 56 | weight 15% |
Durability: 68 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is LUCERNA AS?
The operating margin was 21.6% in 2025, against a median of 13.3% among companies in the Morning class Medium in the same sector. Return on assets was 6.2%.
How solid is LUCERNA AS?
The equity ratio was 68.1% in 2025 (median 43.4%). Debt-to-equity was 0.47 (median 1.28).
What is the liquidity of LUCERNA AS like?
The current ratio was 3.79 in 2025 (median 1.15).
How does LUCERNA AS compare in Kraft og energi?
LUCERNA AS ranks 123 of 878 in Kraft og energi for 2025. Among companies in the Morning class Medium it is number 24 of 193. Revenue changed by 2.7% 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.
- 982897327
- Legal form
- AS · part of a group
- Sector
- Kraft og energi (35.140)
- Morning company class
- Medium
- Employees
- 41 registered 10 October 2026
- Founded
- 9 January 2001 25 years in operation
- Share capital
- 50.00 MNOK
- Business address
- Rossmollgata 50, 9601 HAMMERFEST
- Municipality
- Hammerfest rank 4–13 of 13 in KOSTRA group 8
- Latest accounts filed
- 2025
- Website
- www.lucerna.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
- Gudrun Botnen Rollefsen
- Chair of the board
- Håvard Hargaut-Jensen
- Board member
- Erik Arnesen
- Board member
- Raymond Robertsen
- Board member
- Jan Tore Kvalnes
- Board member
- Heidi Pevik
- Board member
- Susanne Hansen
- Board member
- Silje Merethe Holmgren
- Board member
- Karianne Eriksen
- Deputy member
- Tarjei Jensen Bech
- Deputy member
- Katrine Markussen
- Deputy member
- Rune Mikalsen
- Deputy member
- Lars Adler Hustad
- Deputy member
- Stian Hjellnes Zachariassen
- Deputy member
- Jonas Sjøvold Andersen
- Deputy member
- Kjetil Kvamme
- Deputy member
- Elin Mølmann Holmgren
- Deputy member
- Martine Arnesen Langseth
- Auditor
- PRICEWATERHOUSECOOPERS AS
- Accountant
- AIDER 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 | 72 | 67 | 67 | |
| Rank | 109 | 104 | 123 | |
| Operating margin | 21.0% | 9.2% | 21.6% | |
| Return on assets | 5.8% | 3.1% | 6.2% | |
| Equity ratio | 73.4% | 74.7% | 68.1% | |
| Current ratio | 1.83 | 1.80 | 3.79 | |
| Revenue growth | – | 20.3% | 2.7% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 105.6 MNOK | 127.0 MNOK | 130.4 MNOK |
| Operating profit | 22.1 MNOK | 11.7 MNOK | 28.1 MNOK |
| Profit before tax | 20.4 MNOK | 9.3 MNOK | 25.1 MNOK |
| Net profit | 15.9 MNOK | 7.2 MNOK | 19.6 MNOK |
| Financial expenses | 3.0 MNOK | 3.6 MNOK | 4.6 MNOK |
| Total assets | 406.5 MNOK | 409.1 MNOK | 477.3 MNOK |
| Current assets | 56.1 MNOK | 43.1 MNOK | 85.6 MNOK |
| Equity | 298.5 MNOK | 305.7 MNOK | 325.3 MNOK |
| Retained earnings | 178.6 MNOK | 185.8 MNOK | 205.4 MNOK |
| Total liabilities | 108.0 MNOK | 103.4 MNOK | 152.1 MNOK |
| Current liabilities | 30.7 MNOK | 24.0 MNOK | 22.6 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 7031774.
Further
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