LARS BJØLSETH AS
Score · fiscal year 2024
43of 100
How to read this: the company is ahead of 37 % of small companies in the same sector in 2024. What does this mean?
Rank: 17,716 of 28,141 · Handel
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 43 and solidity 21 out of 100 among small companies in the same sector in 2024. Methodology
Against the sector
LARS BJØLSETH AS is 7 points below the median for small companies in the same sector in 2024.
Median score 50 among 26,395 companies.
Against small companies in the same sector in 2024: operating margin 0.1% (median 2.0%) and equity ratio 10.8% (median 35.0%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 84 MNOK | 3 MNOK |
| Operating margin | 0.1% | 2.0% |
| Profit margin | 0.1% | 1.7% |
| Return on assets | 1.6% | 2.9% |
| Equity ratio | 10.8% | 35.0% |
| Debt-to-equity | 8.25 | 1.04 |
| Current ratio | 1.08 | 1.61 |
| Revenue growth | 22.5% | 2.6% |
| Revenue per employee | 4.44 MNOK | 1.54 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 43, LARS BJØLSETH AS does better than 37% of small companies in the same sector (26,500 companies) in 2024.
Score 2023–2025
- LARS BJØLSETH AS
- Median: small companies in the same sector
What the numbers say
LARS BJØLSETH AS had an operating margin of 0.1% and an equity ratio of 10.8% in 2024, and ranks 17,716 of 28,141 in Handel.
From 2023 to 2024: revenue grew by 23%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 1 MNOK and 3 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 1 MNOK |
| EV/EBIT | 8.0 | 3 MNOK |
| P/B | 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
Worth a closer look
- watch
Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?
Based on: Revenue growth 22.5% (median 2.6%); Current ratio 1.08 (median 1.61).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
No anomalies found in the figures.
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 −134.9%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 43 | weight 30% |
|---|---|---|
| Solidity | 21 | weight 25% |
| Liquidity | 30 | weight 15% |
| Growth | 76 | weight 15% |
| Consistency | 61 | weight 15% |
Durability: 39 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is LARS BJØLSETH AS?
The operating margin was 0.1% in 2024, against a median of 2.0% among small companies in the same sector. Return on assets was 1.6%.
How solid is LARS BJØLSETH AS?
The equity ratio was 10.8% in 2024 (median 35.0%). Debt-to-equity was 8.25 (median 1.04).
What is the liquidity of LARS BJØLSETH AS like?
The current ratio was 1.08 in 2024 (median 1.61).
How does LARS BJØLSETH AS compare in Handel?
LARS BJØLSETH AS ranks 17,716 of 28,141 in Handel for 2024. Among companies of the same size (small companies) it ranks 16,608 of 26,500. Revenue changed by 22.5% from the year before.
From the Central Coordinating Register
- Org. no.
- 917018243
- Legal form
- AS
- Sector
- Handel (47.110)
- Size tier
- small
- Employees
- 19 registered 10 October 2026
- Founded
- 18 February 2016 10 years in operation
- Share capital
- 0.50 MNOK
- Business address
- Søbakkvegen 115, 2409 ELVERUM
- Municipality
- Elverum rank 25 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
- Chief executive
- Lars Bjølseth
- Chair of the board
- Lars Bjølseth
- Auditor
- PRICEWATERHOUSECOOPERS AS
- Accountant
- REMA 1000 NORGE AS
Source: Central Coordinating Register, fetched 25 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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 34 | 43 | 49 | |
| Rank | 18,857 | 17,716 | 15,397 | |
| Operating margin | 0.5% | 0.1% | 1.0% | |
| Return on assets | 4.6% | 1.6% | 11.1% | |
| Equity ratio | 9.6% | 10.8% | 18.1% | |
| Current ratio | 1.09 | 1.08 | 1.10 | |
| Revenue growth | – | 22.5% | 9.8% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 68.9 MNOK | 84.4 MNOK | 92.7 MNOK |
| Operating profit | 0.3 MNOK | 0.1 MNOK | 1.0 MNOK |
| Profit before tax | 0.3 MNOK | 0.1 MNOK | 1.0 MNOK |
| Net profit | 0.3 MNOK | 0.1 MNOK | 0.8 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 8.1 MNOK | 8.1 MNOK | 9.2 MNOK |
| Current assets | 8.0 MNOK | 7.7 MNOK | 8.3 MNOK |
| Equity | 0.8 MNOK | 0.9 MNOK | 1.7 MNOK |
| Retained earnings | 0.3 MNOK | 0.4 MNOK | 1.2 MNOK |
| Total liabilities | 7.3 MNOK | 7.2 MNOK | 7.5 MNOK |
| Current liabilities | 7.3 MNOK | 7.2 MNOK | 7.5 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5532923.
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