MJM AS
Score · fiscal year 2024
28of 100
How to read this: the company is ahead of 16 % of small companies in the same sector in 2024. What does this mean?
Rank: 16,346 of 19,490 · Bygg og anlegg
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 45 and solidity 0 out of 100 among small companies in the same sector in 2024. Methodology
Against the sector
MJM AS is 23 points below the median for small companies in the same sector in 2024.
Median score 51 among 18,569 companies.
Against small companies in the same sector in 2024: operating margin 1.3% (median 4.1%) and equity ratio −259.9% (median 33.8%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 3 MNOK | 5 MNOK |
| Operating margin | 1.3% | 4.1% |
| Profit margin | 0.2% | 3.6% |
| Return on assets | 12.0% | 9.3% |
| Equity ratio | −259.9% | 33.8% |
| Debt-to-equity | – | 1.56 |
| Current ratio | 0.26 | 1.45 |
| Revenue growth | 34.5% | 4.2% |
| Revenue per employee | 0.42 MNOK | 1.43 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 28, MJM AS does better than 16% of small companies in the same sector (18,578 companies) in 2024.
Score 2023–2025
- MJM AS
- Median: small companies in the same sector
What the numbers say
MJM AS had an operating margin of 1.3% and an equity ratio of −259.9% in 2024, and ranks 16,346 of 19,490 in Bygg og anlegg.
From 2023 to 2024: went from a loss to a profit before tax and the equity ratio fell from −228.8% to −259.9%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 0 MNOK and 0 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 0 MNOK |
| EV/EBIT | 8.0 | 0 MNOK |
| P/B | 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
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 −259.9% (median 33.8%).
- critical
Consider strengthening liquidity: current liabilities are 3.9 times current assets.
Based on: Current ratio 0.26 (median 1.45).
- 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 34.5% (median 4.2%); Current ratio 0.26 (median 1.45).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 2.8% 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.
Data quality
- critical Negative equity
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
What the score is made of
| Profitability | 45 | weight 30% |
|---|---|---|
| Solidity | 0 | weight 25% |
| Liquidity | 3 | weight 15% |
| Growth | 78 | weight 15% |
| Consistency | 13 | weight 15% |
Durability: 17 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is MJM AS?
The operating margin was 1.3% in 2024, against a median of 4.1% among small companies in the same sector. Return on assets was 12.0%.
How solid is MJM AS?
The equity ratio was −259.9% in 2024 (median 33.8%). Equity is negative, so liabilities exceed assets.
What is the liquidity of MJM AS like?
The current ratio was 0.26 in 2024 (median 1.45). Current assets did not cover current liabilities.
How does MJM AS compare in Bygg og anlegg?
MJM AS ranks 16,346 of 19,490 in Bygg og anlegg for 2024. Among companies of the same size (small companies) it ranks 15,534 of 18,578. Revenue changed by 34.5% from the year before.
From the Central Coordinating Register
- Org. no.
- 922736375
- Legal form
- AS
- Sector
- Bygg og anlegg (41.000)
- Size tier
- small
- Employees
- 6 registered 12 May 2025
- Founded
- 28 March 2019 7 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Selbos vei 1B, 3430 SPIKKESTAD (ASKER)
- Municipality
- Asker rank 2 of 11 in KOSTRA group 12
- Audit
- Audit opted out from 10 May 2019
- 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
- Laila Horelika
- Chair of the board
- Mareks Horeliks
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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 5 | 28 | 37 | |
| Rank | 17,788 | 16,346 | 15,116 | |
| Operating margin | −3.8% | 1.3% | 5.8% | |
| Return on assets | −18.7% | 12.0% | 88.3% | |
| Equity ratio | −228.8% | −259.9% | −335.8% | |
| Current ratio | 0.26 | 0.26 | 0.22 | |
| Revenue growth | – | 34.5% | 12.0% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 1.9 MNOK | 2.5 MNOK | 2.8 MNOK |
| Operating profit | −0.1 MNOK | 0.0 MNOK | 0.2 MNOK |
| Profit before tax | −0.1 MNOK | 0.0 MNOK | 0.2 MNOK |
| Net profit | −0.1 MNOK | 0.0 MNOK | 0.2 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 0.4 MNOK | 0.3 MNOK | 0.2 MNOK |
| Current assets | 0.3 MNOK | 0.3 MNOK | 0.2 MNOK |
| Equity | −0.8 MNOK | −0.8 MNOK | −0.6 MNOK |
| Retained earnings | −0.8 MNOK | −0.8 MNOK | −0.7 MNOK |
| Total liabilities | 1.2 MNOK | 1.1 MNOK | 0.8 MNOK |
| Current liabilities | 1.1 MNOK | 1.1 MNOK | 0.8 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6261719.
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