ELEFUN HOLDING AS

Org. no. 915885632 · GRIMSTAD · Founded 2015

Score · fiscal year 2024

51of 100

How to read this: the company is ahead of 51 % of small companies in the same sector in 2024. What does this mean?

Rank: 18,176 of 37,175 · Handel

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 99 and solidity 20 out of 100 among small companies in the same sector in 2024. Methodology

Against the sector

ELEFUN HOLDING AS is 1 points above the median for small companies in the same sector in 2024.

Median score 50 among 34,772 companies.

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 margin – 2.2% not compared
Profit margin – 2.0% shown, not part of the index
Return on assets 84.0% 3.7% 99 %
Equity ratio 12.1% 38.3% 29 %
Debt-to-equity 7.30 0.97 12 %
Current ratio 0.05 1.68 4 %
Revenue growth – 2.2% not compared

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 51, ELEFUN HOLDING AS does better than 51% of small companies in the same sector (34,889 companies) in 2024.

Over time

Score 2023–2025

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

What the numbers say

ELEFUN HOLDING AS had an operating margin of – and an equity ratio of 12.1% in 2024, and ranks 18,176 of 37,175 in Handel.

No large changes in the key figures from 2023 to 2024.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 1 MNOK and 96 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 9.6 MNOK 10.0 96 MNOK
EV/EBIT Operating profit: −0.1 MNOK 8.0 not meaningful
P/B Equity: 1.4 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 · 2024

Worth a closer look

  • critical

    Consider strengthening liquidity: current liabilities are 18.4 times current assets.

    Based on: Current ratio 0.05 (median 1.68).

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

Financial costs were 0.0% 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

  • watch Revenue not reported
  • watch No revenue but large assets
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

Profitability99 weight 30%
Solidity20 weight 25%
Liquidity4 weight 15%
Growth– no data, left out
Consistency53 weight 15%

Durability: 51 (average over 2 years)

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

2024

Questions and answers

How profitable is ELEFUN HOLDING AS?

The operating margin was – in 2024, against a median of 2.2% among small companies in the same sector. Return on assets was 84.0%.

How solid is ELEFUN HOLDING AS?

The equity ratio was 12.1% in 2024 (median 38.3%). Debt-to-equity was 7.30 (median 0.97).

What is the liquidity of ELEFUN HOLDING AS like?

The current ratio was 0.05 in 2024 (median 1.68). Current assets did not cover current liabilities.

How does ELEFUN HOLDING AS compare in Handel?

ELEFUN HOLDING AS ranks 18,176 of 37,175 in Handel for 2024. Among companies of the same size (small companies) it ranks 17,040 of 34,889.

Group accounts · 2025

72 of 100

Rank 142 of 1300 groups with group accounts. Groups are ranked only against each other, not against single companies.

Operating revenue, group
262 MNOK
Operating profit, group
33 MNOK
Profit before tax, group
31 MNOK
Total assets, group
151 MNOK
Equity, group
67 MNOK
Key figures in the group accounts against the company's own accounts
Key figureThe groupThe company alone (2024)
Operating margin12.7% –
Return on assets22.4% –
Equity ratio44.3% –
Current ratio2.01 –
Revenue growth37.2% –

Group index in earlier years: 2023: 75 (241 of 1687), 2024: 68 (230 of 1345).

Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.

Source: Brønnøysund Register Centre, group accounts 2025 (open data, NLOD 2.0).

We do not show the group structure, because open data does not say who owns whom.

From the Central Coordinating Register

Org. no.
915885632
Legal form
AS
Sector
Handel (47.780)
Size tier
small
Employees
0–4 (not registered)
Founded
27 August 2015 11 years in operation
Share capital
0.03 MNOK
Business address
Morholt 9, 4887 GRIMSTAD
Municipality
Grimstad rank 7–18 of 27 in KOSTRA group 9
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

Chair of the board
Roger Mo
Board member
Jon Peder Saxe
Board member
Knut Jørgen Myre
Board member
Øyvind Teodor Nebdal
Auditor
BDO AS
Accountant
VIEW GROUP 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
Index515152
Rank16,81218,17618,087
Operating margin–––
Return on assets84.0%84.0%75.0%
Equity ratio15.8%12.1%6.8%
Current ratio0.040.050.82
Revenue growth–––

Accounts

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

Key figure202320242025
Operating revenue–––
Operating profit0.0 MNOK−0.1 MNOK−0.1 MNOK
Profit before tax9.6 MNOK9.6 MNOK14.3 MNOK
Net profit9.6 MNOK9.6 MNOK14.3 MNOK
Financial expenses–0.0 MNOK–
Total assets11.4 MNOK11.4 MNOK19.1 MNOK
Current assets0.4 MNOK0.5 MNOK14.7 MNOK
Equity1.8 MNOK1.4 MNOK1.3 MNOK
Retained earnings1.8 MNOK1.3 MNOK1.3 MNOK
Total liabilities9.6 MNOK10.0 MNOK17.8 MNOK
Current liabilities9.6 MNOK10.0 MNOK17.8 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6064917.

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