SOLØR ELEKTRO AS

Org. no. 886997922 · ÅSNES · Founded 2004 · 7 employees

Score · fiscal year 2024

57of 100

How to read this: the company is ahead of 64 % of small companies in the same sector in 2024. What does this mean?

Rank: 11,113 of 31,119 · Bygg og anlegg

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 81 and solidity 41 out of 100 among small companies in the same sector in 2024. Methodology

Against the sector

SOLØR ELEKTRO AS is 7 points above the median for small companies in the same sector in 2024.

Median score 50 among 30,023 companies.

Against small companies in the same sector in 2024: operating margin 13.5% (median 3.8%) and equity ratio 32.9% (median 36.8%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue15 MNOK3 MNOK
Operating margin 13.5% 3.8% 78 %
Profit margin 13.6% 3.4% shown, not part of the index
Return on assets 28.5% 5.8% 84 %
Equity ratio 32.9% 36.8% 46 %
Debt-to-equity 2.04 1.19 35 %
Current ratio 1.49 1.45 51 %
Revenue growth −2.3% 1.8% 44 %
Revenue per employee2.14 MNOK1.40 MNOK

The median and “ahead of” refer to small companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 57, SOLØR ELEKTRO AS does better than 64% of small companies in the same sector (30,094 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • SOLØR ELEKTRO AS
  • Median: small companies in the same sector
Analysis · 2024

What the numbers say

SOLØR ELEKTRO AS had an operating margin of 13.5% and an equity ratio of 32.9% in 2024, and ranks 11,113 of 31,119 in Bygg og anlegg.

From 2023 to 2024: the operating margin rose from 9.2% to 13.5%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 2 MNOK and 20 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 1.6 MNOK 10.0 16 MNOK
EV/EBIT Operating profit: 2.0 MNOK
minus net debt −3.4 MNOK
8.0 20 MNOK
P/B Equity: 2.4 MNOK 1.0 2 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 · 2024

Worth a closer look

No rules were triggered for this year.

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

Financial costs were 0.2% of the debt in 2024. The policy rate averaged 4.50 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.

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 2.4%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability81 weight 30%
Solidity41 weight 25%
Liquidity51 weight 15%
Growth44 weight 15%
Consistency57 weight 15%

Durability: 58 (average over 2 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2024

Questions and answers

How profitable is SOLØR ELEKTRO AS?

The operating margin was 13.5% in 2024, against a median of 3.8% among small companies in the same sector. Return on assets was 28.5%.

How solid is SOLØR ELEKTRO AS?

The equity ratio was 32.9% in 2024 (median 36.8%). Debt-to-equity was 2.04 (median 1.19).

What is the liquidity of SOLØR ELEKTRO AS like?

The current ratio was 1.49 in 2024 (median 1.45).

How does SOLØR ELEKTRO AS compare in Bygg og anlegg?

SOLØR ELEKTRO AS ranks 11,113 of 31,119 in Bygg og anlegg for 2024. Among companies of the same size (small companies) it ranks 10,733 of 30,094. Revenue changed by −2.3% from the year before.

From the Central Coordinating Register

Org. no.
886997922
Legal form
AS
Sector
Bygg og anlegg (43.210)
Size tier
small
Employees
7 registered 10 October 2026
Founded
3 June 2004 22 years in operation
Share capital
0.20 MNOK
Business address
Kaffegata 30, 2270 FLISA (ÅSNES)
Municipality
Åsnes rank 40 of 40 in KOSTRA group 1
Latest accounts filed
2025

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
Vidar Toverud
Chair of the board
Bjørn Sebusæter
Board member
Vidar Toverud
Board member
Jan Ove Sjølie
Auditor
FRAM REVISJON AS
Accountant
AB ØKONOMI 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
Index595762
Rank10,29011,1138,344
Operating margin9.2%13.5%7.3%
Return on assets22.6%28.5%16.6%
Equity ratio35.9%32.9%51.1%
Current ratio1.561.492.04
Revenue growth–−2.3%−6.9%

Accounts

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

Key figure202320242025
Operating revenue15.3 MNOK15.0 MNOK14.0 MNOK
Operating profit1.4 MNOK2.0 MNOK1.0 MNOK
Profit before tax1.4 MNOK2.0 MNOK1.0 MNOK
Net profit1.1 MNOK1.6 MNOK0.8 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets6.3 MNOK7.2 MNOK6.2 MNOK
Current assets6.3 MNOK7.2 MNOK6.2 MNOK
Equity2.3 MNOK2.4 MNOK3.2 MNOK
Retained earnings2.1 MNOK2.2 MNOK2.9 MNOK
Total liabilities4.0 MNOK4.8 MNOK3.0 MNOK
Current liabilities4.0 MNOK4.8 MNOK3.0 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6125559.

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