Mbl AS

Org. no. 881657422 · Lillesand · Founded 2000 · 13 employees

Score · fiscal year 2023

50of 100

How to read this: the company is ahead of 49 % of companies in the Morning class Medium in the same sector in 2023. What does this mean?

Rank in the Morning class Medium: 1,661 of 3,281 · What are Morning company classes?
Place in the whole sector: 10,655 of 21,088 · Handel

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 38 and solidity 82 out of 100 among companies in the Morning class Medium in the same sector in 2023. Methodology

Against the sector

Mbl AS is at the median for companies in the Morning class Medium in the same sector in 2023.

Median score 50 among 3,281 companies.

Against companies in the Morning class Medium in the same sector in 2023: operating margin 2.6% (median 2.9%) and equity ratio 54.6% (median 29.5%).

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 revenue69 MNOK91 MNOK
Operating margin 2.6% 2.9% 48 %
Profit margin −1.1% 2.7% shown, not part of the index
Return on assets 5.4% 11.6% 28 %
Equity ratio 54.6% 29.5% 82 %
Debt-to-equity 0.83 2.32 81 %
Current ratio 1.75 1.39 68 %
Revenue growth – 5.2% not compared
Revenue per employee5.31 MNOK4.75 MNOK

The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 50, Mbl AS does better than 49% of companies in the Morning class Medium in the same sector (3,281 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Mbl AS
  • Median: companies in the Morning class Medium in the same sector
Analysis · 2023

What the numbers say

Mbl AS had an operating margin of 2.6% and an equity ratio of 54.6% in 2023, and ranks 10,655 of 21,088 in Handel.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 18 MNOK and 38 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −0.8 MNOK 10.0 not meaningful
EV/EBIT Operating profit: 1.8 MNOK
minus net debt −3.2 MNOK
8.0 18 MNOK
P/B Equity: 38.3 MNOK 1.0 38 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

  • watch

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin −1.1% (median 2.7%).

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

Financial costs were 14.5% 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

Profitability38 weight 30%
Solidity82 weight 25%
Liquidity68 weight 15%
Growth– no data, left out
Consistency1 weight 15%

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

2023

Questions and answers

How profitable is Mbl AS?

The operating margin was 2.6% in 2023, against a median of 2.9% among companies in the Morning class Medium in the same sector. Return on assets was 5.4%. The company made a loss before tax.

How solid is Mbl AS?

The equity ratio was 54.6% in 2023 (median 29.5%). Debt-to-equity was 0.83 (median 2.32).

What is the liquidity of Mbl AS like?

The current ratio was 1.75 in 2023 (median 1.39).

How does Mbl AS compare in Handel?

Mbl AS ranks 10,655 of 21,088 in Handel for 2023. Among companies in the Morning class Medium it is number 1,661 of 3,281.

From the Central Coordinating Register

Org. no.
881657422
Legal form
AS
Sector
Handel (46.640)
Morning company class
Medium
Employees
13 registered 10 October 2026
Founded
14 January 2000 26 years in operation
Share capital
69.27 MNOK
Business address
Brekkestø 33, 4780 BREKKESTØ (LILLESAND)
Municipality
Lillesand rank 3–17 of 38 in KOSTRA group 7
Latest accounts filed
2025
Website
mbl.as

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
Svend Mauritzen
Chair of the board
Svend Mauritzen
Board member
Tom Åge Bjerke
Board member
Katrin Mauritzen
Auditor
Viken Revisjon og Regnskap AS
Accountant
Økonomitorget 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
Index505359
Rank10,6559,9907,606
Operating margin2.6%8.2%6.6%
Return on assets5.4%−8.5%11.3%
Equity ratio54.6%56.7%58.4%
Current ratio1.752.082.10
Revenue growth–−0.9%−0.9%

Accounts

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

Key figure202320242025
Operating revenue69.0 MNOK68.3 MNOK67.7 MNOK
Operating profit1.8 MNOK5.6 MNOK4.5 MNOK
Profit before tax−0.8 MNOK−6.7 MNOK5.0 MNOK
Net profit−0.8 MNOK−6.7 MNOK5.0 MNOK
Financial expenses4.6 MNOK1.9 MNOK2.1 MNOK
Total assets70.1 MNOK55.7 MNOK62.6 MNOK
Current assets55.8 MNOK50.2 MNOK54.7 MNOK
Equity38.3 MNOK31.6 MNOK36.6 MNOK
Retained earnings−31.0 MNOK−37.7 MNOK−32.7 MNOK
Total liabilities31.9 MNOK24.1 MNOK26.1 MNOK
Current liabilities31.9 MNOK24.1 MNOK26.1 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5214659.

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