Meretes Quilteloft AS

Org. no. 918711554 · Lillestrøm · Founded 2017

Score · fiscal year 2023

68of 100

How to read this: the company is ahead of 77 % of companies in the Morning class Micro in the same sector in 2023. What does this mean?

Rank in the Morning class Micro: 2,452 of 10,548 · What are Morning company classes?
Place in the whole sector: 4,965 of 21,088 · Handel

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 25 and solidity 90 out of 100 among companies in the Morning class Micro in the same sector in 2023. Methodology

Against the sector

Meretes Quilteloft AS is 18 points above the median for companies in the Morning class Micro in the same sector in 2023.

Median score 50 among 10,539 companies.

Against companies in the Morning class Micro in the same sector in 2023: operating margin −2.9% (median 2.6%) and equity ratio 80.7% (median 35.5%).

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 revenue4 MNOK4 MNOK
Operating margin −2.9% 2.6% 25 %
Profit margin −3.3% 2.0% shown, not part of the index
Return on assets −5.0% 5.7% 25 %
Equity ratio 80.7% 35.5% 91 %
Debt-to-equity 0.24 1.26 90 %
Current ratio 4.98 1.79 88 %
Revenue growth – 6.7% not compared

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

With an index of 68, Meretes Quilteloft AS does better than 77% of companies in the Morning class Micro in the same sector (10,548 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Meretes Quilteloft AS
  • Median: companies in the Morning class Micro in the same sector
Analysis · 2023

What the numbers say

Meretes Quilteloft AS had an operating margin of −2.9% and an equity ratio of 80.7% in 2023, and ranks 4,965 of 21,088 in Handel.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

One method gives a figure: 2 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −0.1 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −0.1 MNOK 8.0 not meaningful
P/B Equity: 1.7 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 · 2023

Worth a closer look

  • watch

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin −3.3% (median 2.0%).

  • watch

    The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?

    Based on: Operating margin −2.9% (median 2.6%).

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

Financial costs were 7.0% 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.

See interest rates, prices and exchange rates for the sector

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 1.5%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability25 weight 30%
Solidity90 weight 25%
Liquidity88 weight 15%
Growth– no data, left out
Consistency95 weight 15%

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

2023

Questions and answers

How profitable is Meretes Quilteloft AS?

The operating margin was −2.9% in 2023, against a median of 2.6% among companies in the Morning class Micro in the same sector. Return on assets was −5.0%. The company made a loss before tax.

How solid is Meretes Quilteloft AS?

The equity ratio was 80.7% in 2023 (median 35.5%). Debt-to-equity was 0.24 (median 1.26).

What is the liquidity of Meretes Quilteloft AS like?

The current ratio was 4.98 in 2023 (median 1.79).

How does Meretes Quilteloft AS compare in Handel?

Meretes Quilteloft AS ranks 4,965 of 21,088 in Handel for 2023. Among companies in the Morning class Micro it is number 2,452 of 10,548.

From the Central Coordinating Register

Org. no.
918711554
Legal form
AS
Sector
Handel (47.510)
Morning company class
Micro
Employees
0–4 (not registered)
Founded
28 February 2017 9 years in operation
Share capital
0.03 MNOK
Business address
Børkeveien 12A, 2016 FROGNER (LILLESTRØM)
Municipality
Lillestrøm rank 7 of 11 in KOSTRA group 12
Audit
Audit opted out from 11 April 2017
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

Loading roles …

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
Index686363
Rank4,9655,6255,734
Operating margin−2.9%4.7%10.0%
Return on assets−5.0%7.5%11.3%
Equity ratio80.7%77.4%64.0%
Current ratio4.984.402.77
Revenue growth–−11.6%−1.0%

Accounts

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

Key figure202320242025
Operating revenue4.1 MNOK3.6 MNOK3.6 MNOK
Operating profit−0.1 MNOK0.2 MNOK0.4 MNOK
Profit before tax−0.1 MNOK0.2 MNOK0.4 MNOK
Net profit−0.1 MNOK0.1 MNOK0.3 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets2.1 MNOK2.4 MNOK3.4 MNOK
Current assets2.1 MNOK2.4 MNOK3.4 MNOK
Equity1.7 MNOK1.9 MNOK2.2 MNOK
Retained earnings1.7 MNOK1.8 MNOK2.1 MNOK
Total liabilities0.4 MNOK0.5 MNOK1.2 MNOK
Current liabilities0.4 MNOK0.5 MNOK1.2 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5082737.