ELCON AS
Score · fiscal year 2025
48of 100
How to read this: the company is ahead of 47 % of small companies in the same sector in 2025. What does this mean?
Rank: 17,427 of 32,581 · Bygg og anlegg
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 30 and solidity 71 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
ELCON AS is 2 points below the median for small companies in the same sector in 2025.
Median score 50 among 31,471 companies.
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 0 MNOK | 3 MNOK |
| Operating margin | – | 3.7% |
| Profit margin | – | 3.4% |
| Return on assets | −1.3% | 5.7% |
| Equity ratio | 63.8% | 36.5% |
| Debt-to-equity | 0.57 | 1.20 |
| Current ratio | 2.76 | 1.45 |
| Revenue growth | −100.0% | 3.0% |
The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 48, ELCON AS does better than 47% of small companies in the same sector (31,719 companies) in 2025.
Score 2023–2025
- ELCON AS
- Median: small companies in the same sector
ELCON AS has a score of 48 for 2025, rank 17,427 of 32,581 in the sector.
Strongest: Liquidity: percentile 77 against peers, current ratio 2.76 against a median of 1.45. Solidity: percentile 71 against peers, equity ratio 63.8% against a median of 36.5%.
Weakest: Growth: percentile 1 against peers, revenue growth −100.0% against a median of 3.0%. Profitability: percentile 30 against peers.
Worth a closer look
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin – (median 3.4%).
- What lies behind weak growth, 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
ELCON AS had an operating margin of – and an equity ratio of 63.8% in 2025, and ranks 17,427 of 32,581 in Bygg og anlegg.
From 2024 to 2025: went from a profit to a loss before tax and revenue fell by 100%.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 0 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 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
Worth a closer look
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin – (median 3.4%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.0% 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.
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 2.4%. 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 | 30 | weight 30% |
|---|---|---|
| Solidity | 71 | weight 25% |
| Liquidity | 77 | weight 15% |
| Growth | 1 | weight 15% |
| Consistency | 67 | weight 15% |
Durability: 64 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is ELCON AS?
The operating margin was – in 2025, against a median of 3.7% among small companies in the same sector. Return on assets was −1.3%. The company made a loss before tax.
How solid is ELCON AS?
The equity ratio was 63.8% in 2025 (median 36.5%). Debt-to-equity was 0.57 (median 1.20).
What is the liquidity of ELCON AS like?
The current ratio was 2.76 in 2025 (median 1.45).
How does ELCON AS compare in Bygg og anlegg?
ELCON AS ranks 17,427 of 32,581 in Bygg og anlegg for 2025. Among companies of the same size (small companies) it ranks 16,827 of 31,719. Revenue changed by −100.0% from the year before.
From the Central Coordinating Register
- Org. no.
- 926590510
- Legal form
- AS
- Sector
- Bygg og anlegg (43.210)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 21 January 2021 5 years in operation
- Share capital
- 0.03 MNOK
- Business address
- C/O Alf Erik Sandøy, Smievegen 49, 6037 EIDSNES (SULA)
- Municipality
- Sula rank 18 of 40 in KOSTRA group 1
- Audit
- Audit opted out from 15 February 2021
- 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
- Alf Erik Hellandsvik Lunden Sandøy
- Chair of the board
- Alf Erik Hellandsvik Lunden Sandøy
- Board member
- Robert Fiksdal Søviknes
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 27 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 75 | 69 | 48 | |
| Rank | 3,328 | 4,878 | 17,427 | |
| Operating margin | 33.1% | 70.2% | – | |
| Return on assets | 69.9% | 26.5% | −1.3% | |
| Equity ratio | 53.6% | 64.0% | 63.8% | |
| Current ratio | 2.08 | 2.76 | 2.76 | |
| Revenue growth | – | −76.6% | −100.0% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.4 MNOK | 0.1 MNOK | 0.0 MNOK |
| Operating profit | 0.1 MNOK | 0.1 MNOK | 0.0 MNOK |
| Profit before tax | 0.1 MNOK | 0.1 MNOK | 0.0 MNOK |
| Net profit | 0.1 MNOK | 0.1 MNOK | 0.0 MNOK |
| Financial expenses | – | 0.0 MNOK | 0.0 MNOK |
| Total assets | 0.2 MNOK | 0.2 MNOK | 0.2 MNOK |
| Current assets | 0.2 MNOK | 0.2 MNOK | 0.2 MNOK |
| Equity | 0.1 MNOK | 0.2 MNOK | 0.2 MNOK |
| Retained earnings | 0.1 MNOK | 0.1 MNOK | 0.1 MNOK |
| Total liabilities | 0.1 MNOK | 0.1 MNOK | 0.1 MNOK |
| Current liabilities | 0.1 MNOK | 0.1 MNOK | 0.1 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 7153641.
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