MMH AS

Org. no. 912629597 · Modum · Founded 2013

Score · fiscal year 2025

50of 100

How to read this: the company is ahead of 50 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?

Rank in the Morning class Micro: 6,498 of 12,950 · What are Morning company classes?
Place in the whole sector: 10,370 of 20,428 · Bygg og anlegg

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 74 and solidity 34 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology

Against the sector

MMH AS is at the median for companies in the Morning class Micro in the same sector in 2025.

Median score 50 among 12,943 companies.

Against companies in the Morning class Micro in the same sector in 2025: operating margin 29.7% (median 3.5%) and equity ratio 24.2% (median 33.1%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue3 MNOK3 MNOK
Operating margin 29.7% 3.5% 94 %
Profit margin 15.7% 3.0% shown, not part of the index
Return on assets 9.8% 7.8% 55 %
Equity ratio 24.2% 33.1% 41 %
Debt-to-equity 3.13 1.41 27 %
Current ratio 1.46 1.42 52 %
Revenue growth −15.4% 6.1% 23 %

The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 50, MMH AS does better than 50% of companies in the Morning class Micro in the same sector (12,950 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • MMH AS
  • Median: companies in the Morning class Micro in the same sector
Summary analysis

MMH AS has a score of 50 for 2025, rank 10,370 of 20,428 in the sector.

Strongest: Profitability: percentile 74 against peers, operating margin 29.7% against a median of 3.5%.

Weakest: Growth: percentile 23 against peers, revenue growth −15.4% against a median of 6.1%. Solidity: percentile 34 against peers, equity ratio 24.2% against a median of 33.1%.

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

MMH AS had an operating margin of 29.7% and an equity ratio of 24.2% in 2025, and ranks 10,370 of 20,428 in Bygg og anlegg.

From 2024 to 2025: the operating margin rose from 18.4% to 29.7% and revenue fell by 15%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 1 MNOK and 3 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.3 MNOK 10.0 3 MNOK
EV/EBIT Operating profit: 0.8 MNOK
minus net debt 5.3 MNOK
8.0 1 MNOK
P/B Equity: 1.9 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 · 2025

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 6.1% of the debt in 2025. The policy rate averaged 4.30 % 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 · 2021

Scenario analysis: the sector's weakest year

We have no accounts for 2021, the sector's weakest year, for this company.

The sector's weakest year was 2021, with a median operating margin of 1.8%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability74 weight 30%
Solidity34 weight 25%
Liquidity52 weight 15%
Growth23 weight 15%
Consistency52 weight 15%

Durability: 48 (average over 3 years)

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

2025

Questions and answers

How profitable is MMH AS?

The operating margin was 29.7% in 2025, against a median of 3.5% among companies in the Morning class Micro in the same sector. Return on assets was 9.8%.

How solid is MMH AS?

The equity ratio was 24.2% in 2025 (median 33.1%). Debt-to-equity was 3.13 (median 1.41).

What is the liquidity of MMH AS like?

The current ratio was 1.46 in 2025 (median 1.42).

How does MMH AS compare in Bygg og anlegg?

MMH AS ranks 10,370 of 20,428 in Bygg og anlegg for 2025. Among companies in the Morning class Micro it is number 6,498 of 12,950. Revenue changed by −15.4% from the year before.

From the Central Coordinating Register

Org. no.
912629597
Legal form
AS
Sector
Bygg og anlegg (43.340)
Morning company class
Micro
Employees
0–4 (not registered)
Founded
15 October 2013 13 years in operation
Share capital
0.03 MNOK
Business address
Solsikkeveien 13, 3370 VIKERSUND (MODUM)
Municipality
Modum rank 12–25 of 38 in KOSTRA group 7
Audit
Audit opted out from 24 October 2013
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
Tommy Andfossen
Chair of the board
Tommy Andfossen
Deputy member
Gro Tajet Skretteberg
Accountant
MODUM REGNSKAPSKONTOR 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.

Report an issue

Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index484750
Rank10,04311,12110,370
Operating margin9.2%18.4%29.7%
Return on assets5.9%7.8%9.8%
Equity ratio25.0%22.0%24.2%
Current ratio1.491.351.46
Revenue growth–−16.1%−15.4%

Accounts

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

Key figure202320242025
Operating revenue3.7 MNOK3.1 MNOK2.6 MNOK
Operating profit0.3 MNOK0.6 MNOK0.8 MNOK
Profit before tax0.1 MNOK0.2 MNOK0.4 MNOK
Net profit0.1 MNOK0.2 MNOK0.3 MNOK
Financial expenses0.2 MNOK0.4 MNOK0.4 MNOK
Total assets5.7 MNOK7.2 MNOK7.8 MNOK
Current assets0.7 MNOK0.5 MNOK0.5 MNOK
Equity1.4 MNOK1.6 MNOK1.9 MNOK
Retained earnings1.4 MNOK1.6 MNOK1.9 MNOK
Total liabilities4.3 MNOK5.6 MNOK5.9 MNOK
Current liabilities0.5 MNOK0.4 MNOK0.3 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6645829.