ELICOM AS

Org. no. 894109602 · VOSS · Founded 2009

Score · fiscal year 2024

79of 100

How to read this: the company is ahead of 96 % of small companies in the same sector in 2024. What does this mean?

Rank: 1,567 of 37,175 · Handel

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 92 and solidity 63 out of 100 among small companies in the same sector in 2024. Methodology

Against the sector

ELICOM AS is 29 points above the median for small companies in the same sector in 2024.

Median score 50 among 34,772 companies.

Against small companies in the same sector in 2024: operating margin 24.5% (median 2.2%) and equity ratio 60.1% (median 38.3%).

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 revenue9 MNOK4 MNOK
Operating margin 24.5% 2.2% 90 %
Profit margin 24.4% 2.0% shown, not part of the index
Return on assets 44.7% 3.7% 94 %
Equity ratio 60.1% 38.3% 67 %
Debt-to-equity 0.66 0.97 59 %
Current ratio 2.32 1.68 63 %
Revenue growth 126.6% 2.2% 93 %

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 79, ELICOM AS does better than 96% of small companies in the same sector (34,889 companies) in 2024.

Over time

Score 2023–2025

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

What the numbers say

ELICOM AS had an operating margin of 24.5% and an equity ratio of 60.1% in 2024, and ranks 1,567 of 37,175 in Handel.

From 2023 to 2024: revenue grew by 127% and the operating margin rose from 6.9% to 24.5%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 3 MNOK and 19 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 1.7 MNOK 10.0 17 MNOK
EV/EBIT Operating profit: 2.2 MNOK
minus net debt −1.7 MNOK
8.0 19 MNOK
P/B Equity: 3.0 MNOK 1.0 3 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 0.6% 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 · 2017

Scenario analysis: the sector's weakest year

We have no accounts for 2017, the sector's weakest year, for this company.

The sector's weakest year was 2017, with a median operating margin of −65.6%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability92 weight 30%
Solidity63 weight 25%
Liquidity63 weight 15%
Growth93 weight 15%
Consistency83 weight 15%

Durability: 66 (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 ELICOM AS?

The operating margin was 24.5% in 2024, against a median of 2.2% among small companies in the same sector. Return on assets was 44.7%.

How solid is ELICOM AS?

The equity ratio was 60.1% in 2024 (median 38.3%). Debt-to-equity was 0.66 (median 0.97).

What is the liquidity of ELICOM AS like?

The current ratio was 2.32 in 2024 (median 1.68).

How does ELICOM AS compare in Handel?

ELICOM AS ranks 1,567 of 37,175 in Handel for 2024. Among companies of the same size (small companies) it ranks 1,474 of 34,889. Revenue changed by 126.6% from the year before.

From the Central Coordinating Register

Org. no.
894109602
Legal form
AS
Sector
Handel (47.540)
Size tier
small
Employees
0–4 (not registered)
Founded
30 April 2009 17 years in operation
Share capital
0.10 MNOK
Business address
Regimentsvegen 215, 5705 VOSS
Municipality
Voss rank 1–16 of 38 in KOSTRA group 7
Audit
Audit opted out from 10 September 2026
Latest accounts filed
2025
Website
sorvice1.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
Gunnar Tveit
Chair of the board
Gunnar Tveit
Accountant
ØKONOMIKONTORET VOSS 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
Index527965
Rank15,8831,5677,983
Operating margin6.9%24.5%11.4%
Return on assets7.6%44.7%13.5%
Equity ratio34.3%60.1%74.9%
Current ratio1.382.323.77
Revenue growth–126.6%−45.4%

Accounts

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

Key figure202320242025
Operating revenue4.0 MNOK9.1 MNOK4.9 MNOK
Operating profit0.3 MNOK2.2 MNOK0.6 MNOK
Profit before tax0.2 MNOK2.2 MNOK0.6 MNOK
Net profit0.2 MNOK1.7 MNOK0.5 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets3.7 MNOK5.0 MNOK4.6 MNOK
Current assets3.0 MNOK4.6 MNOK4.4 MNOK
Equity1.3 MNOK3.0 MNOK3.5 MNOK
Retained earnings1.2 MNOK2.9 MNOK3.4 MNOK
Total liabilities2.4 MNOK2.0 MNOK1.2 MNOK
Current liabilities2.2 MNOK2.0 MNOK1.2 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5709637.