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Bergverk og utvinning ranking 2023

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Benchmarks · fiscal year 2023

Quartiles among the 100 ranked companies, all sizes. Half of them lie between the lower and upper quartile.

Key figureLower quartileMedianUpper quartile
Operating margin−3.0%7.1%14.4%
Profit margin−5.1%6.0%12.9%
Return on assets−0.7%6.9%16.1%
Equity ratio23.7%38.9%61.4%
Debt-to-equity0.591.262.46
Current ratio1.301.872.80
Revenue growth−0.3%−0.3%−0.3%

Ranked per Morning company class: Small: 33 · Micro: 43 · Medium: 18 · Large: 6. Morning company classes by revenue: Micro 1–10 MNOK, Small 10 MNOK–50 MNOK, Medium 50 MNOK–500 MNOK, Large from 500 MNOK. Methodology

Distribution of the overall index · 2023

01019Index 0–10: 5 companies50Index 10–20: 6 companies610Index 20–30: 5 companies520Index 30–40: 17 companies1730Index 40–50: 13 companies1340Index 50–60: 19 companies1950Index 60–70: 18 companies1860Index 70–80: 11 companies1170Index 80–90: 5 companies580Index 90–100: 1 companies190100Index →

Best in each category · 2023

Operating marginTitania AS40.3%
Return on assetsRana Gruber AS43.2%
Equity ratioVeblungsnes Sandtak A/S83.7%
Current ratioStore Norske Gruvedrift AS5.44
Revenue growthA. Storhaug AS−0.3%

Among ranked companies with at least NOK 10m in revenue. Margins and equity ratios above 100 %, a current ratio above 20 and growth from a base below NOK 10m count as one-off effects and are left out.

Ranking · 2023

Morning Enterprise Index 0–100, version 2: every key figure is compared with companies in the same sector and size tier. Click a column heading to sort.

Rank Company Class Index Operating margin Equity ratio Current ratio Revenue growth Revenue
1 Sundland Torv og Jord AS Smallno. 1 in the class 91 15.5% 76.4% 4.30 – 14 MNOK
2 Lundhs AS Mediumno. 1 in the class 90 10.4% 78.9% 2.83 – 432 MNOK
3 Frosta Torv AS Microno. 1 in the class 89 13.7% 91.1% 10.39 – 1 MNOK
4 Larvik Granite AS Mediumno. 2 in the class 84 16.3% 74.3% 1.86 – 52 MNOK
5 Finnmark Sand AS Smallno. 2 in the class 83 9.8% 77.1% 3.13 – 40 MNOK
6 Bio Sparkjøp AS Microno. 2 in the class 81 72.4% 89.1% 0.60 – 1 MNOK
7 Dalset Eid AS Microno. 3 in the class 79 18.5% 75.8% 2.36 – 1 MNOK
8 Lidalen Grustak A/Ssubsidiary of Lidalen AS Smallno. 3 in the class 78 12.6% 72.1% 2.17 – 22 MNOK
9 Gudbrandsdal Pukk AS Smallno. 4 in the class 76 36.9% 52.0% 2.00 – 12 MNOK
10 Rudsbygd Steinbrudd AS Microno. 4 in the class 76 29.4% 74.5% 1.82 – 8 MNOK
11 Gaular Pukk og Sand AS Microno. 5 in the class 75 15.6% 66.5% 10.18 – 5 MNOK
12 Arctic Drilling AS Smallno. 5 in the class 75 19.1% 60.3% 1.70 – 29 MNOK
13 NOROCK & CO AS Smallno. 6 in the class 74 12.6% 77.5% 1.37 – 38 MNOK
14 Forsand Sandkompani AS Mediumno. 3 in the class 73 14.2% 52.3% 1.66 – 94 MNOK
15 Veblungsnes Sandtak A/S Smallno. 7 in the class 71 −6.2% 83.7% 5.43 – 11 MNOK
16 Egersund Granite AS Smallno. 8 in the class 71 28.7% 47.1% 1.94 – 40 MNOK
17 Hellviksplitt AS Microno. 6 in the class 70 67.4% 56.3% 2.44 – 5 MNOK
18 Molde Pukkverk AS Smallno. 9 in the class 69 20.5% 42.9% 2.77 – 25 MNOK
19 Gabbro Nor AS Mediumno. 4 in the class 68 9.8% 45.9% 1.79 – 178 MNOK
20 ALF VENNATRØ & Sønn AS Microno. 7 in the class 67 −44.4% 83.9% 10.94 – 2 MNOK
21 Georg Tveit AS Smallno. 10 in the class 67 14.4% 44.2% 3.38 – 24 MNOK
22 Rana Gruber AS Large 67 39.6% 50.0% 1.17 – 1,932 MNOK
23 AGDER STEIN & Grunnarbeid AS Smallno. 11 in the class 67 2.0% 66.9% 3.08 – 14 MNOK
24 Kronos Norge AS Microno. 8 in the class 67 58.8% 63.0% 1.43 – 4 MNOK
25 Staven Grus AS Mediumno. 5 in the class 66 9.1% 36.4% 2.13 – 95 MNOK
26 Frustøl Pukkverk AS Smallno. 12 in the class 66 5.3% 57.5% 2.01 – 14 MNOK
27 Flisa Steinindustri AS Microno. 9 in the class 65 8.0% 64.9% 3.48 – 6 MNOK
28 Jådårpukk AS Microno. 10 in the class 65 −8.5% 87.2% 5.71 – 1 MNOK
29 Franzefoss Minerals AS Large 64 9.7% 63.1% 1.58 – 641 MNOK
30 Elden Pukk og Maskin AS Microno. 11 in the class 62 17.7% 58.0% 1.93 – 7 MNOK
31 Bernt Roligheten AS Microno. 12 in the class 62 −92.8% 88.7% 4.59 – 2 MNOK
32 ML Pukk AS Microno. 13 in the class 62 4.6% 67.2% 8.56 – 3 MNOK
33 Bergquist Pukk AS Smallno. 13 in the class 62 8.4% 36.5% 3.69 – 17 MNOK
34 Ramlo Sandtak AS Mediumno. 6 in the class 61 5.8% 38.2% 1.87 – 254 MNOK
35 Bremanger Quarry AS Large 61 15.6% 53.2% 1.07 – 658 MNOK
36 Himberg Quarry AS Microno. 14 in the class 60 14.4% 61.0% 1.82 – 2 MNOK
37 Steinli Grus AS Microno. 15 in the class 60 −1.0% 75.2% 3.99 – 9 MNOK
38 Titania AS Large 59 40.3% 35.5% 1.21 – 1,618 MNOK
39 Edelsplitt AS Microno. 16 in the class 59 51.2% 56.8% 3.30 – 9 MNOK
40 Bøeprosjekt AS Microno. 17 in the class 59 57.2% 44.5% 1.12 – 2 MNOK
41 Vega Grus AS Microno. 18 in the class 58 −1.9% 73.8% 2.56 – 2 MNOK
42 Gudbrandsdal Steinindustri AS Smallno. 14 in the class 57 −2.0% 62.7% 2.64 – 34 MNOK
43 Galåen Grus AS Microno. 19 in the class 56 8.6% 43.3% 8.02 – 3 MNOK
44 Snarum Pukkverk AS Smallno. 15 in the class 55 14.1% 38.9% 1.59 – 15 MNOK
45 Nor Aggregates AS Smallno. 16 in the class 55 3.4% 54.2% 1.87 – 12 MNOK
46 Bjørkåsen Pukk AS Microno. 20 in the class 54 19.6% 39.4% 3.12 – 1 MNOK
47 Skøien Pukkverk AS Smallno. 17 in the class 53 15.4% 24.3% 1.53 – 16 MNOK
48 OS Tipp og Jordsortering AS Microno. 21 in the class 52 −73.1% 75.5% 2.62 – 1 MNOK
49 Hardanger Sand AS Microno. 22 in the class 52 −6.5% 84.4% 4.18 – 2 MNOK
50 RB Invest AS Microno. 23 in the class 52 17.6% 60.9% 1.32 – 9 MNOK

Bankrupt or being wound up

These companies are left out of the ranking.

About the figures

  • Only limited companies (AS and ASA) are included. Sole proprietorships are normally not required to file annual accounts and are therefore missing.
  • The Brønnøysund Register Centre only checks that accounts are filed, not their content. Suspicious figures are flagged on the company page, not hidden.
  • Figures are company accounts, not group accounts. Holding companies can be marked in admin and then do not count in sector averages.