BLU ELECTRO AS
Score · fiscal year 2025
29of 100
How to read this: the company is ahead of 12 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 26,577 of 32,582 · 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 17 and solidity 7 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
BLU ELECTRO AS is 21 points below the median for medium-sized companies in the same sector in 2025.
Median score 50 among 1,024 companies.
Against medium-sized companies in the same sector in 2025: operating margin 0.4% (median 4.6%) and equity ratio 10.3% (median 31.2%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 299 MNOK | 176 MNOK |
| Operating margin | 0.4% | 4.6% |
| Profit margin | – | 4.6% |
| Return on assets | – | 10.7% |
| Equity ratio | 10.3% | 31.2% |
| Debt-to-equity | 8.73 | 2.19 |
| Current ratio | 1.10 | 1.36 |
| Revenue growth | 26.8% | 6.6% |
| Revenue per employee | 1.36 MNOK | 3.09 MNOK |
The median and “ahead of” refer to medium-sized companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 29, BLU ELECTRO AS does better than 12% of medium-sized companies in the same sector (1,030 companies) in 2025.
Score 2023–2025
- BLU ELECTRO AS
- Median: medium-sized companies in the same sector
BLU ELECTRO AS has a score of 29 for 2025, rank 26,577 of 32,582 in the sector.
Strongest: Growth: percentile 75 against peers, revenue growth 26.8% against a median of 6.6%.
Weakest: Solidity: percentile 7 against peers, equity ratio 10.3% against a median of 31.2%. Profitability: percentile 17 against peers, operating margin 0.4% against a median of 4.6%.
Worth a closer look
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin 0.4% (median 4.6%).
- Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have? Based on: revenue growth 26.8% (median 6.6%); current ratio 1.10 (median 1.36).
- What lies behind weak solidity, and will it last?
- What lies behind weak profitability, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
BLU ELECTRO AS had an operating margin of 0.4% and an equity ratio of 10.3% in 2025, and ranks 26,577 of 32,582 in Bygg og anlegg.
From 2024 to 2025: revenue grew by 27% and the operating margin fell from 2.9% to 0.4%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 8 MNOK and 18 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 8 MNOK |
| EV/EBIT | 8.0 | 18 MNOK |
| P/B | 1.0 | 10 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
Worth a closer look
- 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 0.4% (median 4.6%).
- 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 26.8% (median 6.6%); Current ratio 1.10 (median 1.36).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
No anomalies found in the figures.
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 2.5%. 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 | 17 | weight 30% |
|---|---|---|
| Solidity | 7 | weight 25% |
| Liquidity | 22 | weight 15% |
| Growth | 75 | weight 15% |
| Consistency | 51 | weight 15% |
Durability: 28 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is BLU ELECTRO AS?
The operating margin was 0.4% in 2025, against a median of 4.6% among medium-sized companies in the same sector. Return on assets was –.
How solid is BLU ELECTRO AS?
The equity ratio was 10.3% in 2025 (median 31.2%). Debt-to-equity was 8.73 (median 2.19).
What is the liquidity of BLU ELECTRO AS like?
The current ratio was 1.10 in 2025 (median 1.36).
How does BLU ELECTRO AS compare in Bygg og anlegg?
BLU ELECTRO AS ranks 26,577 of 32,582 in Bygg og anlegg for 2025. Among companies of the same size (medium-sized companies) it ranks 902 of 1,030. Revenue changed by 26.8% from the year before.
From the Central Coordinating Register
- Org. no.
- 925323276
- Legal form
- AS
- Sector
- Bygg og anlegg (43.210)
- Size tier
- medium
- Employees
- 219 registered 10 October 2026
- Founded
- 17 June 2020 6 years in operation
- Share capital
- 4.08 MNOK
- Business address
- Forusbeen 78, 4033 STAVANGER
- Municipality
- Stavanger rank 5–9 of 11 in KOSTRA group 12
- 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
- Terje Egeland
- Chair of the board
- Terje Egeland
- Board member
- Kjetil Gunnar Sinnes
- Board member
- Håvard Larsen
- Board member
- Siri Olstad
- Board member
- Christina Linnebo Moi
- Auditor
- ERNST & YOUNG AS
- Accountant
- DATAPLAN ALPHA 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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 19 | 36 | 29 | |
| Rank | 25,301 | 22,883 | 26,577 | |
| Operating margin | 1.8% | 2.9% | 0.4% | |
| Return on assets | 5.9% | 9.7% | – | |
| Equity ratio | 11.5% | 12.3% | 10.3% | |
| Current ratio | 1.04 | 1.11 | 1.10 | |
| Revenue growth | – | 36.2% | 26.8% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 172.9 MNOK | 235.4 MNOK | 298.5 MNOK |
| Operating profit | 3.1 MNOK | 6.8 MNOK | 1.2 MNOK |
| Profit before tax | 2.9 MNOK | 6.6 MNOK | – |
| Net profit | 2.4 MNOK | 6.0 MNOK | 0.8 MNOK |
| Financial expenses | 0.2 MNOK | 0.3 MNOK | – |
| Total assets | 52.5 MNOK | 71.0 MNOK | 92.6 MNOK |
| Current assets | 48.4 MNOK | 69.2 MNOK | 88.8 MNOK |
| Equity | 6.0 MNOK | 8.7 MNOK | 9.5 MNOK |
| Retained earnings | 1.2 MNOK | 3.8 MNOK | 4.6 MNOK |
| Total liabilities | 46.5 MNOK | 62.3 MNOK | 83.1 MNOK |
| Current liabilities | 46.4 MNOK | 62.1 MNOK | 80.8 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7149879.
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