K.ELIASSEN AS

Org. no. 922585393 · ASKØY · Founded 2019 · 14 employees

Score · fiscal year 2025

25of 100

How to read this: the company is ahead of 14 % of companies in the Morning class Small in the same sector in 2025. What does this mean?

Rank in the Morning class Small: 16,856 of 19,515 · What are Morning company classes?
Place in the whole sector: 17,705 of 20,440 · Bygg og anlegg

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 24 and solidity 14 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology

Against the sector

K.ELIASSEN AS is 25 points below the median for companies in the Morning class Small in the same sector in 2025.

Median score 50 among 19,508 companies.

Against companies in the Morning class Small in the same sector in 2025: operating margin −0.8% (median 3.9%) and equity ratio 7.7% (median 33.3%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue13 MNOK5 MNOK
Operating margin −0.8% 3.9% 25 %
Profit margin −1.3% 3.5% shown, not part of the index
Return on assets −1.9% 9.0% 23 %
Equity ratio 7.7% 33.3% 21 %
Debt-to-equity 12.04 1.56 7 %
Current ratio 0.82 1.44 16 %
Revenue growth 11.5% 6.1% 57 %
Revenue per employee0.94 MNOK1.48 MNOK

The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 25, K.ELIASSEN AS does better than 14% of companies in the Morning class Small in the same sector (19,515 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • K.ELIASSEN AS
  • Median: companies in the Morning class Small in the same sector
Summary analysis

K.ELIASSEN AS has a score of 25 for 2025, rank 17,705 of 20,440 in the sector.

Strongest: Growth: percentile 57 against peers, revenue growth 11.5% against a median of 6.1%.

Weakest: Solidity: percentile 14 against peers, equity ratio 7.7% against a median of 33.3%. Liquidity: percentile 16 against peers, current ratio 0.82 against a median of 1.44.

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

K.ELIASSEN AS had an operating margin of −0.8% and an equity ratio of 7.7% in 2025, and ranks 17,705 of 20,440 in Bygg og anlegg.

From 2024 to 2025: revenue grew by 11%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

One method gives a figure: 0 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: 0.4 MNOK 1.0 0 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 · 2025

Worth a closer look

  • watch

    The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?

    Based on: Equity ratio 7.7% (median 33.3%).

  • watch

    Consider strengthening liquidity: current liabilities are 1.2 times current assets.

    Based on: Current ratio 0.82 (median 1.44).

  • watch

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

    Based on: Profit margin −1.3% (median 3.5%).

  • 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 −0.8% (median 3.9%).

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

Financial costs were 1.7% of the debt in 2025. The policy rate averaged 4.30 % 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 · 2021

Scenario analysis: the sector's weakest year

We have no accounts for 2021, the sector's weakest year, for this company.

The sector's weakest year was 2021, with a median operating margin of 1.8%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability24 weight 30%
Solidity14 weight 25%
Liquidity16 weight 15%
Growth57 weight 15%
Consistency23 weight 15%

Durability: 36 (average over 3 years)

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

2025

Questions and answers

How profitable is K.ELIASSEN AS?

The operating margin was −0.8% in 2025, against a median of 3.9% among companies in the Morning class Small in the same sector. Return on assets was −1.9%. The company made a loss before tax.

How solid is K.ELIASSEN AS?

The equity ratio was 7.7% in 2025 (median 33.3%). Debt-to-equity was 12.04 (median 1.56).

What is the liquidity of K.ELIASSEN AS like?

The current ratio was 0.82 in 2025 (median 1.44). Current assets did not cover current liabilities.

How does K.ELIASSEN AS compare in Bygg og anlegg?

K.ELIASSEN AS ranks 17,705 of 20,440 in Bygg og anlegg for 2025. Among companies in the Morning class Small it is number 16,856 of 19,515. Revenue changed by 11.5% from the year before.

From the Central Coordinating Register

Org. no.
922585393
Legal form
AS
Sector
Bygg og anlegg (43.330)
Morning company class
Small
Employees
14 registered 10 August 2026
Founded
9 March 2019 7 years in operation
Share capital
0.03 MNOK
Business address
Kvithovdvegen 80A, 5304 HETLEVIK (ASKØY)
Municipality
Askøy rank 12–25 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
Sebastian Soleng Eliassen
Chair of the board
Kenneth Eliassen
Auditor
SKUDAL REVISJON & 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
Index533025
Rank8,59015,84817,705
Operating margin16.7%−1.2%−0.8%
Return on assets51.7%−3.9%−1.9%
Equity ratio22.2%11.0%7.7%
Current ratio1.020.890.82
Revenue growth–52.3%11.5%

Accounts

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

Key figure202320242025
Operating revenue7.7 MNOK11.8 MNOK13.1 MNOK
Operating profit1.3 MNOK−0.1 MNOK−0.1 MNOK
Profit before tax1.2 MNOK−0.2 MNOK−0.2 MNOK
Net profit1.1 MNOK−0.2 MNOK−0.1 MNOK
Financial expenses0.1 MNOK0.1 MNOK0.1 MNOK
Total assets2.5 MNOK3.7 MNOK4.7 MNOK
Current assets2.0 MNOK2.4 MNOK3.3 MNOK
Equity0.6 MNOK0.4 MNOK0.4 MNOK
Retained earnings0.5 MNOK0.4 MNOK0.3 MNOK
Total liabilities2.0 MNOK3.3 MNOK4.4 MNOK
Current liabilities2.0 MNOK2.7 MNOK4.0 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7237546.

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