Elvebakken Rør AS
Score · fiscal year 2023
83of 100
How to read this: the company is ahead of 93 % of companies in the Morning class Micro in the same sector in 2023. What does this mean?
Rank in the Morning class Micro: 806 of 11,402 · What are Morning company classes?
Place in the whole sector: 1,247 of 18,324 · Bygg og anlegg
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 75 and solidity 85 out of 100 among companies in the Morning class Micro in the same sector in 2023. Methodology
Against the sector
Elvebakken Rør AS is 33 points above the median for companies in the Morning class Micro in the same sector in 2023.
Median score 50 among 11,399 companies.
Against companies in the Morning class Micro in the same sector in 2023: operating margin 13.4% (median 4.0%) and equity ratio 70.6% (median 34.0%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 5 MNOK | 3 MNOK |
| Operating margin | 13.4% | 4.0% |
| Profit margin | 13.5% | 3.3% |
| Return on assets | 18.5% | 7.9% |
| Equity ratio | 70.6% | 34.0% |
| Debt-to-equity | 0.42 | 1.46 |
| Current ratio | 3.37 | 1.42 |
| Revenue growth | – | 6.4% |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 83, Elvebakken Rør AS does better than 93% of companies in the Morning class Micro in the same sector (11,402 companies) in 2023.
Score 2023–2025
- Elvebakken Rør AS
- Median: companies in the Morning class Micro in the same sector
What the numbers say
Elvebakken Rør AS had an operating margin of 13.4% and an equity ratio of 70.6% in 2023, and ranks 1,247 of 18,324 in Bygg og anlegg.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 2 MNOK and 4 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 16.9 | 4 MNOK |
| EV/EBIT | 12.7 | 4 MNOK |
| P/B | 1.6 | 2 MNOK |
The listed basis is the value at listed multiples. The estimate is lowered by 51% for an unlisted company: 20% for lack of marketability and 38% for size (a small-company premium of 4% on the cost of equity).
A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. See the calculation
Worth a closer look
- positive
Upper quartile on profitability, solidity and liquidity. What sets this company apart from the rest of the sector?
Based on: Operating margin 13.4% (median 4.0%); Equity ratio 70.6% (median 34.0%); Current ratio 3.37 (median 1.42).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 1.0% 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.
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
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
What the score is made of
| Profitability | 75 | weight 30% |
|---|---|---|
| Solidity | 85 | weight 25% |
| Liquidity | 88 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 89 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is Elvebakken Rør AS?
The operating margin was 13.4% in 2023, against a median of 4.0% among companies in the Morning class Micro in the same sector. Return on assets was 18.5%.
How solid is Elvebakken Rør AS?
The equity ratio was 70.6% in 2023 (median 34.0%). Debt-to-equity was 0.42 (median 1.46).
What is the liquidity of Elvebakken Rør AS like?
The current ratio was 3.37 in 2023 (median 1.42).
How does Elvebakken Rør AS compare in Bygg og anlegg?
Elvebakken Rør AS ranks 1,247 of 18,324 in Bygg og anlegg for 2023. Among companies in the Morning class Micro it is number 806 of 11,402.
From the Central Coordinating Register
- Org. no.
- 996552888
- Legal form
- AS
- Sector
- Bygg og anlegg (43.221)
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 21 December 2010 15 years in operation
- Share capital
- 0.10 MNOK
- Business address
- Aronnesveien 46, 9514 ALTA
- Municipality
- Alta rank 5–23 of 27 in KOSTRA group 9
- Audit
- Audit opted out from 3 December 2013
- Latest accounts filed
- 2025
- LEI
- 254900V2SDMPLBHPZX76 renews 16 October 2027
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.
- Parent company
- No parent company: owned by persons
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 29 October 2026. The parent is the one the company itself reported to GLEIF.
Shareholders (2025)
- Number of shareholders
- 1 (one owner)
- Largest owner
- 100.0%
- Split
- companies 0% · private persons 100% · foreign 0%
- Owned from the same municipality
- 100%
- Group chain
- Ultimate owner: private person
The company is new in the shareholder register in 2025.
Holds shares in: Grieg Seafood ASA (0%), Equinor ASA (0%), T-N Holding AS (50%), Kongshus Invest AS (17%)
Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.
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 29 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 83 | 74 | 67 | |
| Rank | 1,247 | 1,803 | 3,646 | |
| Operating margin | 13.4% | 16.5% | 17.8% | |
| Return on assets | 18.5% | 18.4% | 13.7% | |
| Equity ratio | 70.6% | 72.1% | 52.2% | |
| Current ratio | 3.37 | 3.47 | 2.03 | |
| Revenue growth | – | −5.8% | 7.3% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 4.7 MNOK | 4.4 MNOK | 4.8 MNOK |
| Operating profit | 0.6 MNOK | 0.7 MNOK | 0.8 MNOK |
| Profit before tax | 0.6 MNOK | 0.8 MNOK | 0.8 MNOK |
| Tax expense | 0.1 MNOK | 0.2 MNOK | 0.2 MNOK |
| Net profit | 0.5 MNOK | 0.6 MNOK | 0.6 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.1 MNOK |
| Total assets | 3.5 MNOK | 4.2 MNOK | 7.1 MNOK |
| Current assets | 3.4 MNOK | 4.1 MNOK | 6.8 MNOK |
| Equity | 2.5 MNOK | 3.1 MNOK | 3.7 MNOK |
| Retained earnings | 2.4 MNOK | 3.0 MNOK | 3.6 MNOK |
| Total liabilities | 1.0 MNOK | 1.2 MNOK | 3.4 MNOK |
| Current liabilities | 1.0 MNOK | 1.2 MNOK | 3.4 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 4777983.
Further
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