ELEKTROINNOVASJON AS

Org. no. 916561660 · OSLO · Founded 2016

Score · fiscal year 2023

56of 100

How to read this: the company is ahead of 61 % of small companies in the same sector in 2023. What does this mean?

Rank: 11,417 of 28,987 · Bygg og anlegg

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 84 and solidity 32 out of 100 among small companies in the same sector in 2023. Methodology

Against the sector

ELEKTROINNOVASJON AS is 6 points above the median for small companies in the same sector in 2023.

Median score 50 among 27,959 companies.

Against small companies in the same sector in 2023: operating margin 16.0% (median 4.1%) and equity ratio 25.1% (median 36.8%).

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 revenue7 MNOK3 MNOK
Operating margin 16.0% 4.1% 81 %
Profit margin 15.7% 3.8% shown, not part of the index
Return on assets 33.3% 5.9% 87 %
Equity ratio 25.1% 36.8% 38 %
Debt-to-equity 2.98 1.24 26 %
Current ratio 1.37 1.44 47 %
Revenue growth – 2.5% not compared

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

With an index of 56, ELEKTROINNOVASJON AS does better than 61% of small companies in the same sector (28,009 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • ELEKTROINNOVASJON AS
  • Median: small companies in the same sector
Analysis · 2023

What the numbers say

ELEKTROINNOVASJON AS had an operating margin of 16.0% and an equity ratio of 25.1% in 2023, and ranks 11,417 of 28,987 in Bygg og anlegg.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 1 MNOK and 10 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.9 MNOK 10.0 9 MNOK
EV/EBIT Operating profit: 1.1 MNOK
minus net debt −1.4 MNOK
8.0 10 MNOK
P/B Equity: 0.9 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 · 2023

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 1.1% 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.

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 · 2023

What the score is made of

Profitability84 weight 30%
Solidity32 weight 25%
Liquidity47 weight 15%
Growth– no data, left out
Consistency51 weight 15%

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

2023

Questions and answers

How profitable is ELEKTROINNOVASJON AS?

The operating margin was 16.0% in 2023, against a median of 4.1% among small companies in the same sector. Return on assets was 33.3%.

How solid is ELEKTROINNOVASJON AS?

The equity ratio was 25.1% in 2023 (median 36.8%). Debt-to-equity was 2.98 (median 1.24).

What is the liquidity of ELEKTROINNOVASJON AS like?

The current ratio was 1.37 in 2023 (median 1.44).

How does ELEKTROINNOVASJON AS compare in Bygg og anlegg?

ELEKTROINNOVASJON AS ranks 11,417 of 28,987 in Bygg og anlegg for 2023. Among companies of the same size (small companies) it ranks 11,031 of 28,009.

From the Central Coordinating Register

Org. no.
916561660
Legal form
AS
Sector
Bygg og anlegg (43.210)
Size tier
small
Employees
0–4 (not registered)
Founded
4 January 2016 10 years in operation
Share capital
0.03 MNOK
Business address
Kværnerveien 3, 0192 OSLO
Municipality
Oslo rank 63–221 of 357 in Norway
Latest accounts filed
2025
Website
www.elinnovasjon.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
Stian Østvik
Chair of the board
Bjørn Egil Knutsen
Board member
Stian Østvik
Board member
Kristian Hoyer Holte
Auditor
NORDSTRAND REVISJON AS
Accountant
RAFO REGNSKAP OG RÅDGIVNING 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
Index565661
Rank11,41712,1779,098
Operating margin16.0%8.1%13.8%
Return on assets33.3%20.7%33.0%
Equity ratio25.1%31.7%28.5%
Current ratio1.371.421.34
Revenue growth–−0.3%20.3%

Accounts

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

Key figure202320242025
Operating revenue7.1 MNOK7.1 MNOK8.5 MNOK
Operating profit1.1 MNOK0.6 MNOK1.2 MNOK
Profit before tax1.1 MNOK0.6 MNOK1.2 MNOK
Net profit0.9 MNOK0.4 MNOK0.9 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets3.4 MNOK2.9 MNOK3.6 MNOK
Current assets3.2 MNOK2.7 MNOK3.5 MNOK
Equity0.9 MNOK0.9 MNOK1.0 MNOK
Retained earnings0.8 MNOK0.9 MNOK1.0 MNOK
Total liabilities2.6 MNOK2.0 MNOK2.6 MNOK
Current liabilities2.3 MNOK1.9 MNOK2.6 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 4927437.