MK ANLEGG AS

Org. no. 921192584 · KVITESEID · Founded 2018

Score · fiscal year 2024

39of 100

How to read this: the company is ahead of 31 % of small companies in the same sector in 2024. What does this mean?

Rank: 16,774 of 24,304 · Bygg og anlegg

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 89 and solidity 0 out of 100 among small companies in the same sector in 2024. Methodology

Against the sector

MK ANLEGG AS is 11 points below the median for small companies in the same sector in 2024.

Median score 50 among 23,528 companies.

Against small companies in the same sector in 2024: operating margin 16.9% (median 3.8%) and equity ratio −7.3% (median 34.4%).

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 revenue1 MNOK2 MNOK
Operating margin 16.9% 3.8% 83 %
Profit margin 14.5% 3.3% shown, not part of the index
Return on assets 55.3% 5.6% 95 %
Equity ratio −7.3% 34.4% 15 %
Debt-to-equity – 1.27 not compared
Current ratio 0.87 1.40 25 %
Revenue growth −52.1% 3.0% 9 %

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 39, MK ANLEGG AS does better than 31% of small companies in the same sector (23,593 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • MK ANLEGG AS
  • Median: small companies in the same sector
Analysis · 2024

What the numbers say

MK ANLEGG AS had an operating margin of 16.9% and an equity ratio of −7.3% in 2024, and ranks 16,774 of 24,304 in Bygg og anlegg.

From 2023 to 2024: the operating margin rose from −10.1% to 16.9% and went from a loss to a profit before tax.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 2 MNOK and 2 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.2 MNOK 10.0 2 MNOK
EV/EBIT Operating profit: 0.2 MNOK
minus net debt 0.2 MNOK
8.0 2 MNOK
P/B Equity: 0.0 MNOK 1.0 not meaningful

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

    Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?

    Based on: Equity ratio −7.3% (median 34.4%).

  • watch

    Consider strengthening liquidity: current liabilities are 1.1 times current assets.

    Based on: Current ratio 0.87 (median 1.40).

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

Data quality

  • critical Negative equity
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 2.1%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability89 weight 30%
Solidity0 weight 25%
Liquidity25 weight 15%
Growth9 weight 15%
Consistency51 weight 15%

Durability: 24 (average over 2 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2024

Questions and answers

How profitable is MK ANLEGG AS?

The operating margin was 16.9% in 2024, against a median of 3.8% among small companies in the same sector. Return on assets was 55.3%.

How solid is MK ANLEGG AS?

The equity ratio was −7.3% in 2024 (median 34.4%). Equity is negative, so liabilities exceed assets.

What is the liquidity of MK ANLEGG AS like?

The current ratio was 0.87 in 2024 (median 1.40). Current assets did not cover current liabilities.

How does MK ANLEGG AS compare in Bygg og anlegg?

MK ANLEGG AS ranks 16,774 of 24,304 in Bygg og anlegg for 2024. Among companies of the same size (small companies) it ranks 16,207 of 23,593. Revenue changed by −52.1% from the year before.

From the Central Coordinating Register

Org. no.
921192584
Legal form
AS
Sector
Bygg og anlegg (43.120)
Size tier
small
Employees
0–4 (not registered)
Founded
19 June 2018 8 years in operation
Share capital
0.03 MNOK
Business address
C/O Thomas Kvålen Olsen, Hellebruvegen 9, 3850 KVITESEID
Municipality
Kviteseid rank 9–24 of 39 in KOSTRA group 4
Audit
Audit opted out from 25 July 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

Chief executive
Martin Kvålen Olsen
Chair of the board
Martin Kvålen Olsen
Deputy member
Dag Håvard Kvålen
Accountant
VINJE REKNESKAPSKONTOR 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.

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index83972
Rank21,04616,7743,012
Operating margin−10.1%16.9%17.3%
Return on assets−53.5%55.3%57.5%
Equity ratio−42.2%−7.3%42.7%
Current ratio0.410.872.79
Revenue growth–−52.1%27.0%

Accounts

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

Key figure202320242025
Operating revenue2.9 MNOK1.4 MNOK1.8 MNOK
Operating profit−0.3 MNOK0.2 MNOK0.3 MNOK
Profit before tax−0.4 MNOK0.2 MNOK0.3 MNOK
Net profit−0.4 MNOK0.2 MNOK0.3 MNOK
Financial expenses0.1 MNOK0.0 MNOK0.0 MNOK
Total assets0.6 MNOK0.4 MNOK0.5 MNOK
Current assets0.2 MNOK0.3 MNOK0.4 MNOK
Equity−0.2 MNOK0.0 MNOK0.2 MNOK
Retained earnings−0.3 MNOK−0.1 MNOK0.2 MNOK
Total liabilities0.8 MNOK0.5 MNOK0.3 MNOK
Current liabilities0.6 MNOK0.3 MNOK0.2 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5717861.