Eld365 AS
Not financial advice. The index, rank, signals and advice are rule-based indications from the latest filed annual accounts. They are not a credit rating, an assessment of management or a recommendation to buy, sell or do business with the company. Read more
Score · fiscal year 2024
61of 100
How to read this: the company is ahead of 71 % of companies in the Morning class Micro in the same sector in 2024. What does this mean?
Rank in the Morning class Micro: 623 of 2,140 · What are Morning company classes?
Place in the whole sector: 1,148 of 4,239 · Informasjon og kommunikasjon
Profile
Elephant · Steward
Lower profitability, high resilience
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 46 and resilience 60 out of 100 among companies in the Morning class Micro in the same sector in 2024. Methodology
Against the sector
Eld365 AS is 11 points above the median for companies in the Morning class Micro in the same sector in 2024.
Median score 50 among 2,140 companies.
Against companies in the Morning class Micro in the same sector in 2024: operating margin 2.3% (median 4.1%) and equity ratio 54.0% (median 39.0%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 5 MNOK | 3 MNOK |
| Operating margin | 2.3% | 4.1% |
| Profit margin | 2.3% | 4.0% |
| Return on assets | 5.3% | 7.9% |
| Equity ratio | 54.0% | 39.0% |
| Debt-to-equity | 0.85 | 1.12 |
| Current ratio | 2.17 | 1.52 |
| Revenue growth | 862.3% | 7.5% |
| Revenue per employee | 0.97 MNOK | 0.71 MNOK |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 61, Eld365 AS does better than 71% of companies in the Morning class Micro in the same sector (2,140 companies) in 2024.
Score 2023–2025
- Eld365 AS
- Median: companies in the Morning class Micro in the same sector
What the numbers say
Eld365 AS had an operating margin of 2.3% and an equity ratio of 54.0% in 2024, and ranks 1,148 of 4,239 in Informasjon og kommunikasjon.
From 2023 to 2024: revenue grew by 862% and went from a loss to a profit before tax.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 0 MNOK and 3 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 18.0 | 0 MNOK |
| EV/EBIT | 14.9 | 1 MNOK |
| P/B | 3.6 | 3 MNOK |
| EV/EBIT: from enterprise value to equity | NOK |
|---|---|
| Enterprise value (EV) at the listed multiple | 1 MNOK |
| Enterprise value after the size adjustment | 0 MNOK |
| Less net debt (rough figure) | −1 MNOK |
| Equity value | 1 MNOK |
Net debt is a rough figure: long-term liabilities minus cash. The accounts do not split interest-bearing debt from other liabilities, and short-term borrowings are not included. The size adjustment applies to the enterprise value, not to the debt. Net debt is −368% of the enterprise value after the size adjustment, so the equity value from EV/EBIT is sensitive to errors in the debt figure.
The listed basis is the value at listed multiples. The estimate is lowered for size: a small-company premium of 4% on the cost of equity gives a value 38% lower. No separate marketability discount is applied, because the premium already allows for the company being small and unlisted.
The multiples are from the listed industry that matches the NACE code (62): Computer Services.
Not financial advice. The value range is a rough model estimate from listed-company multiples, not a valuation, a price target or a price offer. The actual value may differ greatly. Read more
A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. See the calculation
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 0.1% 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.
See interest rates, prices and exchange rates for the sector
Data quality
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
We have no accounts for 2026, the sector's weakest year, for this company.
The sector's weakest year was 2026, with a median operating margin of 4.1%. Based on the 8 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 46 | weight 40% |
|---|---|---|
| Solidity | 60 | weight 20% |
| Liquidity | 67 | weight 5% |
| Growth | 87 | weight 25% |
| Consistency | 56 | weight 10% |
Three goals: profitability 40%, growth 25%, resilience 35%. Why these weights?
Index version 3. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Eld365 AS?
The operating margin was 2.3% in 2024, against a median of 4.1% among companies in the Morning class Micro in the same sector. Return on assets was 5.3%.
How solid is Eld365 AS?
The equity ratio was 54.0% in 2024 (median 39.0%). Debt-to-equity was 0.85 (median 1.12).
What is the liquidity of Eld365 AS like?
The current ratio was 2.17 in 2024 (median 1.52).
How does Eld365 AS compare in Informasjon og kommunikasjon?
Eld365 AS ranks 1,148 of 4,239 in Informasjon og kommunikasjon for 2024. Among companies in the Morning class Micro it is number 623 of 2,140. Revenue changed by 862.3% from the year before.
From the Central Coordinating Register
- Org. no.
- 920755984
- Legal form
- AS
- Sector
- Informasjon og kommunikasjon (62.100)
- Morning company class
- Micro
- Employees
- 5 registered 10 July 2025
- Founded
- 5 April 2018 8 years in operation
- Share capital
- 0.07 MNOK
- Business address
- Langelandsvegen 35, 6010 ÅLESUND
- Municipality
- Ålesund rank 2–6 of 10 in KOSTRA group 11
- Audit
- Audit opted out from 19 April 2018
- 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 1 November 2026. Only names are shown.
Shareholders (2025)
- Number of shareholders
- 4
- Largest owner
- 50.0% · top three 87.5%
- Split
- companies 100% · private persons 0% · foreign 0%
- Owned from the same municipality
- 100%
- Byggforvaltning Norge AS · 50.0%
- Råk AS · 18.8%
- Ronny Hamre Invest AS · 18.8%
- Hlaup AS · 12.5%
The company is new in the shareholder register in 2025.
Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.
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.
Is this your company? Suggest changes or add information
Figures last fetched 8 November 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | – | 61 | 28 | |
| Rank | – | 1,148 | 3,758 | |
| Operating margin | −9.1% | 2.3% | −12.3% | |
| Return on assets | −15.9% | 5.3% | −47.9% | |
| Equity ratio | 15.7% | 54.0% | 15.8% | |
| Current ratio | 2.18 | 2.17 | 1.19 | |
| Revenue growth | – | 862.3% | 44.3% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.5 MNOK | 4.8 MNOK | 7.0 MNOK |
| Operating profit | 0.0 MNOK | 0.1 MNOK | −0.9 MNOK |
| Profit before tax | 0.0 MNOK | 0.1 MNOK | −0.9 MNOK |
| Tax expense | – | 0.0 MNOK | 0.0 MNOK |
| Net profit | 0.0 MNOK | 0.1 MNOK | −0.9 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 0.3 MNOK | 2.1 MNOK | 1.8 MNOK |
| Current assets | 0.3 MNOK | 2.1 MNOK | 1.8 MNOK |
| Equity | 0.0 MNOK | 1.1 MNOK | 0.3 MNOK |
| Retained earnings | 0.0 MNOK | 0.1 MNOK | −0.8 MNOK |
| Total liabilities | 0.2 MNOK | 1.0 MNOK | 1.5 MNOK |
| Current liabilities | 0.1 MNOK | 1.0 MNOK | 1.5 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 8 November 2026, accounts id 5541517.
Further
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