LEDBELYSNING AS

Org. no. 813593092 · SANDNES · Founded 2014

Score · fiscal year 2023

83of 100

How to read this: the company is ahead of 94 % of companies in the Morning class Micro in the same sector in 2023. What does this mean?

Rank in the Morning class Micro: 688 of 10,647 · What are Morning company classes?
Place in the whole sector: 1,404 of 21,201 · Handel

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 92 and solidity 80 out of 100 among companies in the Morning class Micro in the same sector in 2023. Methodology

Against the sector

LEDBELYSNING AS is 33 points above the median for companies in the Morning class Micro in the same sector in 2023.

Median score 50 among 10,638 companies.

Against companies in the Morning class Micro in the same sector in 2023: operating margin 35.4% (median 2.6%) and equity ratio 69.1% (median 35.8%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue1 MNOK4 MNOK
Operating margin 35.4% 2.6% 95 %
Profit margin 34.8% 2.1% shown, not part of the index
Return on assets 32.3% 5.8% 89 %
Equity ratio 69.1% 35.8% 82 %
Debt-to-equity 0.45 1.24 78 %
Current ratio 3.19 1.79 76 %
Revenue growth – 6.5% not compared

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, LEDBELYSNING AS does better than 94% of companies in the Morning class Micro in the same sector (10,647 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • LEDBELYSNING AS
  • Median: companies in the Morning class Micro in the same sector
Analysis · 2023

What the numbers say

LEDBELYSNING AS had an operating margin of 35.4% and an equity ratio of 69.1% in 2023, and ranks 1,404 of 21,201 in Handel.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 1 MNOK and 4 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.4 MNOK 10.0 4 MNOK
EV/EBIT Operating profit: 0.5 MNOK
minus net debt −0.2 MNOK
8.0 4 MNOK
P/B Equity: 1.1 MNOK 1.0 1 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

Indications · 2023

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 35.4% (median 2.6%); Equity ratio 69.1% (median 35.8%); Current ratio 3.19 (median 1.79).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 2.2% 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.

Stress test · 2022

Scenario analysis: the sector's weakest year

We have no accounts for 2022, the sector's weakest year, for this company.

The sector's weakest year was 2022, with a median operating margin of 1.5%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability92 weight 30%
Solidity80 weight 25%
Liquidity76 weight 15%
Growth– no data, left out
Consistency77 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2023

Questions and answers

How profitable is LEDBELYSNING AS?

The operating margin was 35.4% in 2023, against a median of 2.6% among companies in the Morning class Micro in the same sector. Return on assets was 32.3%.

How solid is LEDBELYSNING AS?

The equity ratio was 69.1% in 2023 (median 35.8%). Debt-to-equity was 0.45 (median 1.24).

What is the liquidity of LEDBELYSNING AS like?

The current ratio was 3.19 in 2023 (median 1.79).

How does LEDBELYSNING AS compare in Handel?

LEDBELYSNING AS ranks 1,404 of 21,201 in Handel for 2023. Among companies in the Morning class Micro it is number 688 of 10,647.

From the Central Coordinating Register

Org. no.
813593092
Legal form
AS
Sector
Handel (47.552)
Morning company class
Micro
Employees
0–4 (not registered)
Founded
10 March 2014 12 years in operation
Share capital
0.06 MNOK
Business address
Maudlandsveien 30, 4311 HOMMERSÅK (SANDNES)
Municipality
Sandnes rank 4 of 11 in KOSTRA group 12
Audit
Audit opted out from 9 May 2014
Latest accounts filed
2025
Website
www.ledbelysning.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
Tor Åge Risdal
Chair of the board
Folke Andre Hermansen
Board member
Tor Åge Risdal
Accountant
PRO-SJEKT REGNSKAP 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.

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index8357–
Rank1,4048,032–
Operating margin35.4%0.5%−65.0%
Return on assets32.3%0.5%−56.3%
Equity ratio69.1%74.3%61.0%
Current ratio3.193.892.54
Revenue growth–−21.0%−28.6%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure202320242025
Operating revenue1.4 MNOK1.1 MNOK0.8 MNOK
Operating profit0.5 MNOK0.0 MNOK−0.5 MNOK
Profit before tax0.5 MNOK0.0 MNOK−0.5 MNOK
Net profit0.4 MNOK0.0 MNOK−0.5 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets1.6 MNOK1.5 MNOK0.9 MNOK
Current assets1.5 MNOK1.4 MNOK0.9 MNOK
Equity1.1 MNOK1.1 MNOK0.6 MNOK
Retained earnings0.8 MNOK0.8 MNOK0.3 MNOK
Total liabilities0.5 MNOK0.4 MNOK0.4 MNOK
Current liabilities0.5 MNOK0.4 MNOK0.4 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 4796137.

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