Meltek AS

Org. no. 923930892 · Oslo · Founded 2019 · 6 employees

Score · fiscal year 2024

34of 100

How to read this: the company is ahead of 24 % of companies in the Morning class Micro in the same sector in 2024. What does this mean?

Rank in the Morning class Micro: 9,263 of 12,256 · What are Morning company classes?
Place in the whole sector: 14,999 of 19,473 · 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 43 and solidity 0 out of 100 among companies in the Morning class Micro in the same sector in 2024. Methodology

Against the sector

Meltek AS is 16 points below the median for companies in the Morning class Micro in the same sector in 2024.

Median score 50 among 12,247 companies.

Against companies in the Morning class Micro in the same sector in 2024: operating margin 2.0% (median 3.7%) and equity ratio −0.9% (median 33.5%).

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 revenue7 MNOK3 MNOK
Operating margin 2.0% 3.7% 42 %
Profit margin 0.1% 3.1% shown, not part of the index
Return on assets 5.5% 8.0% 44 %
Equity ratio −0.9% 33.5% 17 %
Debt-to-equity – 1.42 not compared
Current ratio 1.12 1.42 35 %
Revenue growth 26.9% 4.1% 71 %
Revenue per employee1.13 MNOK0.84 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 34, Meltek AS does better than 24% of companies in the Morning class Micro in the same sector (12,256 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Meltek AS
  • Median: companies in the Morning class Micro in the same sector
Analysis · 2024

What the numbers say

Meltek AS had an operating margin of 2.0% and an equity ratio of −0.9% in 2024, and ranks 14,999 of 19,473 in Bygg og anlegg.

From 2023 to 2024: went from a loss to a profit before tax and revenue grew by 27%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 0 MNOK and 0 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.0 MNOK 10.0 0 MNOK
EV/EBIT Operating profit: 0.1 MNOK
minus net debt 0.8 MNOK
8.0 0 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 −0.9% (median 33.5%).

  • 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 26.9% (median 4.1%); Current ratio 1.12 (median 1.42).

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

Financial costs were 5.3% 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

  • critical Negative equity
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 · 2024

What the score is made of

Profitability43 weight 30%
Solidity0 weight 25%
Liquidity35 weight 15%
Growth71 weight 15%
Consistency34 weight 15%

Durability: 26 (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 Meltek AS?

The operating margin was 2.0% in 2024, against a median of 3.7% among companies in the Morning class Micro in the same sector. Return on assets was 5.5%.

How solid is Meltek AS?

The equity ratio was −0.9% in 2024 (median 33.5%). Equity is negative, so liabilities exceed assets.

What is the liquidity of Meltek AS like?

The current ratio was 1.12 in 2024 (median 1.42).

How does Meltek AS compare in Bygg og anlegg?

Meltek AS ranks 14,999 of 19,473 in Bygg og anlegg for 2024. Among companies in the Morning class Micro it is number 9,263 of 12,256. Revenue changed by 26.9% from the year before.

From the Central Coordinating Register

Org. no.
923930892
Legal form
AS
Sector
Bygg og anlegg (43.210)
Morning company class
Micro
Employees
6 registered 10 September 2026
Founded
7 November 2019 6 years in operation
Share capital
0.03 MNOK
Business address
Enebakkveien 302, 1188 OSLO
Municipality
Oslo rank 63–220 of 357 in Norway
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

Chair of the board
Tobias Melleberg
Auditor
Bhl AS
Accountant
Progressum 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
Index173425
Rank16,35614,99917,745
Operating margin−1.3%2.0%−0.9%
Return on assets−2.0%5.5%−2.6%
Equity ratio−0.9%−0.9%−7.1%
Current ratio1.011.120.95
Revenue growth–26.9%49.9%

Accounts

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

Key figure202320242025
Operating revenue5.3 MNOK6.8 MNOK10.2 MNOK
Operating profit−0.1 MNOK0.1 MNOK−0.1 MNOK
Profit before tax−0.1 MNOK0.0 MNOK−0.2 MNOK
Net profit−0.1 MNOK0.0 MNOK−0.2 MNOK
Financial expenses0.1 MNOK0.1 MNOK0.1 MNOK
Total assets2.9 MNOK2.6 MNOK3.5 MNOK
Current assets1.0 MNOK1.2 MNOK1.7 MNOK
Equity0.0 MNOK0.0 MNOK−0.2 MNOK
Retained earnings−0.2 MNOK−0.2 MNOK−0.4 MNOK
Total liabilities3.0 MNOK2.6 MNOK3.8 MNOK
Current liabilities1.0 MNOK1.1 MNOK1.7 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6146675.