MOTONOR AS

Org. no. 926949144 · NARVIK · Founded 2021 · 7 employees

Score · fiscal year 2025

22of 100

How to read this: the company is ahead of 9 % of companies in the Morning class Small in the same sector in 2025. What does this mean?

Rank in the Morning class Small: 6,748 of 7,421 · What are Morning company classes?
Place in the whole sector: 20,748 of 23,059 · Handel

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 4 and solidity 13 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology

Against the sector

MOTONOR AS is 29 points below the median for companies in the Morning class Small in the same sector in 2025.

Median score 51 among 7,421 companies.

Against companies in the Morning class Small in the same sector in 2025: operating margin −8.1% (median 3.4%) and equity ratio 7.5% (median 36.3%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 27 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue10 MNOK20 MNOK
Operating margin −8.1% 3.4% 5 %
Profit margin −10.3% 3.0% shown, not part of the index
Return on assets −23.6% 10.0% 4 %
Equity ratio 7.5% 36.3% 16 %
Debt-to-equity 12.35 1.52 9 %
Current ratio 1.00 1.73 13 %
Revenue growth 37.9% 5.7% 88 %
Revenue per employee1.46 MNOK2.08 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 22, MOTONOR AS does better than 9% of companies in the Morning class Small in the same sector (7,421 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • MOTONOR AS
  • Median: companies in the Morning class Small in the same sector
Summary analysis

MOTONOR AS has a score of 22 for 2025, rank 20,748 of 23,059 in the sector.

Strongest: Growth: percentile 88 against peers, revenue growth 37.9% against a median of 5.7%.

Weakest: Profitability: percentile 4 against peers, operating margin −8.1% against a median of 3.4%. Liquidity: percentile 13 against peers, current ratio 1.00 against a median of 1.73.

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

MOTONOR AS had an operating margin of −8.1% and an equity ratio of 7.5% in 2025, and ranks 20,748 of 23,059 in Handel.

From 2024 to 2025: went from a profit to a loss before tax and the operating margin fell from 3.7% to −8.1%.

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: −1.0 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −0.8 MNOK 8.0 not meaningful
P/B Equity: 0.3 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 7.5% (median 36.3%).

  • watch

    Consider strengthening liquidity: current liabilities are 1.0 times current assets.

    Based on: Current ratio 1.00 (median 1.73).

  • watch

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

    Based on: Profit margin −10.3% (median 3.0%).

  • 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 −8.1% (median 3.4%).

  • 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 37.9% (median 5.7%); Current ratio 1.00 (median 1.73).

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

Financial costs were 6.8% 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.

See interest rates, prices and exchange rates for the sector

Data quality

No anomalies found in the figures.

Stress test · 2022

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 1.5%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability4 weight 30%
Solidity13 weight 25%
Liquidity13 weight 15%
Growth88 weight 15%
Consistency15 weight 15%

Durability: 39 (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 MOTONOR AS?

The operating margin was −8.1% in 2025, against a median of 3.4% among companies in the Morning class Small in the same sector. Return on assets was −23.6%. The company made a loss before tax.

How solid is MOTONOR AS?

The equity ratio was 7.5% in 2025 (median 36.3%). Debt-to-equity was 12.35 (median 1.52).

What is the liquidity of MOTONOR AS like?

The current ratio was 1.00 in 2025 (median 1.73). Current assets did not cover current liabilities.

How does MOTONOR AS compare in Handel?

MOTONOR AS ranks 20,748 of 23,059 in Handel for 2025. Among companies in the Morning class Small it is number 6,748 of 7,421. Revenue changed by 37.9% from the year before.

From the Central Coordinating Register

Org. no.
926949144
Legal form
AS
Sector
Handel (47.830)
Morning company class
Small
Employees
7 registered 10 April 2026
Founded
21 March 2021 5 years in operation
Share capital
1.28 MNOK
Business address
Sjøveien 39, 8517 NARVIK
Municipality
Narvik rank 16–25 of 27 in KOSTRA group 9
Latest accounts filed
2025
Website
motonor.no

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
Scott Johan Ulriksen
Chair of the board
Richard Ulriksen
Board member
Scott Johan Ulriksen
Auditor
HÅLOGALAND REVISJON AS
Accountant
WI REGNSKAP OG REVISJON 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 27 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index534222
Rank9,59114,45420,748
Operating margin4.1%3.7%−8.1%
Return on assets8.5%9.3%−23.6%
Equity ratio52.7%2.1%7.5%
Current ratio2.060.991.00
Revenue growth–56.7%37.9%

Accounts

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

Key figure202320242025
Operating revenue4.7 MNOK7.4 MNOK10.2 MNOK
Operating profit0.2 MNOK0.3 MNOK−0.8 MNOK
Profit before tax0.2 MNOK0.1 MNOK−1.1 MNOK
Net profit0.1 MNOK0.1 MNOK−1.0 MNOK
Financial expenses0.0 MNOK0.1 MNOK0.2 MNOK
Total assets2.3 MNOK3.0 MNOK3.5 MNOK
Current assets2.2 MNOK2.8 MNOK3.2 MNOK
Equity1.2 MNOK0.1 MNOK0.3 MNOK
Retained earnings−0.1 MNOK0.0 MNOK−1.0 MNOK
Total liabilities1.1 MNOK2.9 MNOK3.3 MNOK
Current liabilities1.1 MNOK2.8 MNOK3.3 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 7194635.

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