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Vann, avløp og renovasjon ranking 2023

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Benchmarks · fiscal year 2023

Quartiles among the 196 ranked companies, all sizes. Half of them lie between the lower and upper quartile.

Key figureLower quartileMedianUpper quartile
Operating margin1.2%5.0%11.1%
Profit margin0.5%4.4%10.7%
Return on assets3.2%8.0%18.6%
Equity ratio19.5%38.7%54.3%
Debt-to-equity0.811.523.82
Current ratio1.071.482.01
Revenue growth4.5%26.0%55.3%

Ranked per Morning company class: Large: 17 · Micro: 34 · Small: 56 · Medium: 89. 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

01937Index 0–10: 7 companies70Index 10–20: 13 companies1310Index 20–30: 20 companies2020Index 30–40: 21 companies2130Index 40–50: 37 companies3740Index 50–60: 30 companies3050Index 60–70: 29 companies2960Index 70–80: 20 companies2070Index 80–90: 17 companies1780Index 90–100: 2 companies290100Index →

Best in each category · 2023

Operating marginWergeland Halsvik AS34.1%
Return on assetsEmballasjegjenvinning AS76.5%
Equity ratioFosen Gjenvinning AS87.6%
Current ratioNorsirk AS6.73
Revenue growthNG Nordic Norway AS55.3%

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 Sirkel Glass AS Mediumno. 1 in the class 93 14.2% 75.5% 3.23 – 220 MNOK
2 Delehuset AS Smallno. 1 in the class 92 17.9% 76.1% 4.13 – 19 MNOK
3 Bergmetall AS Microno. 1 in the class 88 59.6% 90.4% 3.98 – 4 MNOK
4 Hellik Teigen AS Largeno. 1 in the class 88 7.5% 70.1% 2.33 – 1,424 MNOK
5 Hrs Metallco AS Mediumno. 2 in the class 88 12.1% 61.2% 2.44 – 178 MNOK
6 Retura Østfold AS Mediumno. 3 in the class 88 10.9% 78.1% 3.03 – 80 MNOK
7 Noah Solutions ASsubsidiary of Noah AS Largeno. 2 in the class 87 27.4% 61.4% 1.16 – 738 MNOK
8 FANA STEIN & Gjenvinning AS Mediumno. 4 in the class 86 32.4% 56.6% 1.96 – 181 MNOK
9 Minges Anleggsservice AS Microno. 2 in the class 86 40.0% 89.3% 4.62 – 2 MNOK
10 Hermod Teigen AS Mediumno. 5 in the class 85 14.7% 72.0% 2.01 – 468 MNOK
11 Norscrap West AS Mediumno. 6 in the class 85 15.4% 82.2% 1.88 – 326 MNOK
12 Vartdal Gjenvinning AS Mediumno. 7 in the class 84 9.5% 84.9% 2.27 – 321 MNOK
13 Akershus Miljø AS Smallno. 2 in the class 84 14.5% 65.7% 3.13 – 33 MNOK
14 Fosen Gjenvinning AS Smallno. 3 in the class 84 8.5% 87.6% 3.54 – 30 MNOK
15 Norsirk AS Mediumno. 8 in the class 84 5.4% 87.3% 6.73 – 231 MNOK
16 MOHOLT TRANSPORT & Maskin AS Smallno. 4 in the class 82 26.2% 69.6% 1.71 – 18 MNOK
17 Revac AS Largeno. 3 in the class 81 11.2% 52.9% 1.78 – 508 MNOK
18 Stensli Gjenvinning AS Mediumno. 9 in the class 81 6.4% 61.5% 1.68 – 109 MNOK
19 BJARNE STENSLI & Sønner AS Microno. 3 in the class 81 2.7% 93.4% 9.16 – 6 MNOK
20 Retur Næring AS Mediumno. 10 in the class 80 9.3% 52.1% 3.12 – 52 MNOK
21 Retura Midt AS Mediumno. 11 in the class 77 9.2% 53.3% 1.62 – 116 MNOK
22 Retura Iris AS Mediumno. 12 in the class 76 5.5% 61.6% 2.11 – 74 MNOK
23 Sirkel Materialgjenvinning AS Mediumno. 13 in the class 76 16.4% 50.4% 6.23 – 77 MNOK
24 Maren Miljøservice AS Smallno. 5 in the class 76 21.5% 47.6% 3.77 – 27 MNOK
25 Returstål AS Microno. 4 in the class 75 30.3% 66.4% 2.96 – 6 MNOK
26 Ragn-Sells Autoparts AS Mediumno. 14 in the class 75 9.9% 60.2% 1.02 – 168 MNOK
27 Gretland Reno AS Smallno. 6 in the class 75 14.0% 54.4% 2.00 – 22 MNOK
28 Høytrykks-Vakta AS Smallno. 7 in the class 74 6.9% 68.9% 3.03 – 23 MNOK
29 Metallco Hallingdal AS Microno. 5 in the class 74 9.5% 87.4% 7.09 – 2 MNOK
30 Senja Avfall Miljø AS Mediumno. 15 in the class 74 6.3% 54.3% 2.77 – 87 MNOK
31 Wergeland Halsvik AS Mediumno. 16 in the class 73 34.1% 40.3% 1.53 – 212 MNOK
32 Jan Stenersen Transport AS Smallno. 8 in the class 73 13.4% 62.9% 1.78 – 27 MNOK
33 Perpetuum AS Mediumno. 17 in the class 73 20.3% 42.0% 1.78 – 305 MNOK
34 Reno-Vest Produksjon AS Mediumno. 18 in the class 72 4.8% 55.3% 3.05 – 120 MNOK
35 Metallco Bergen AS Mediumno. 19 in the class 72 24.1% 40.1% 1.52 – 68 MNOK
36 Nordren AS Largeno. 4 in the class 70 14.6% 44.1% 1.26 – 543 MNOK
37 Senja Avfall Næring AS Mediumno. 20 in the class 70 7.8% 49.8% 1.97 – 76 MNOK
38 A.O. Eide Maskinentreprenør AS Microno. 6 in the class 70 9.7% 73.7% 1.93 – 7 MNOK
39 Reno-Vest Bremnes AS Microno. 7 in the class 70 −24.9% 99.1% 66.20 – 9 MNOK
40 F F F Hage og Miljø AS Mediumno. 21 in the class 70 14.6% 46.6% 1.14 – 59 MNOK
41 Norrens AS Smallno. 9 in the class 70 4.1% 61.2% 2.61 – 23 MNOK
42 Viking Gjenvinning AS Smallno. 10 in the class 69 2.1% 68.8% 2.67 – 10 MNOK
43 Retura Shmil AS Mediumno. 22 in the class 69 3.7% 55.3% 2.08 – 56 MNOK
44 Iata Næring AS Microno. 8 in the class 69 5.2% 79.2% 4.25 – 8 MNOK
45 Batteriretur EV AS Microno. 9 in the class 69 −26.4% 96.4% 27.51 – 4 MNOK
46 Stena Recycling AS Largeno. 5 in the class 67 4.9% 57.4% 1.02 – 2,146 MNOK
47 Slamrensing AS Smallno. 11 in the class 67 24.9% 39.1% 1.62 – 35 MNOK
48 Retura NT AS Mediumno. 23 in the class 67 2.4% 49.4% 1.70 – 97 MNOK
49 Harstad Spyleservice AS Microno. 10 in the class 66 25.5% 46.1% 2.40 – 9 MNOK
50 Ruteretur AS Smallno. 12 in the class 66 −33.4% 82.0% 5.55 – 14 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.