ELEMENTFASADE AS

Org. no. 928173704 · FREDRIKSTAD · Founded 2021 · 77 employees

Score · fiscal year 2024

51of 100

How to read this: the company is ahead of 51 % of medium-sized companies in the same sector in 2024. What does this mean?

Rank: 11,662 of 24,304 · Bygg og anlegg

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 71 and solidity 42 out of 100 among medium-sized companies in the same sector in 2024. Methodology

Against the sector

ELEMENTFASADE AS is at the median for medium-sized companies in the same sector in 2024.

Median score 51 among 719 companies.

Against medium-sized companies in the same sector in 2024: operating margin 7.9% (median 4.6%) and equity ratio 27.3% (median 30.6%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 27 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue135 MNOK169 MNOK
Operating margin 7.9% 4.6% 72 %
Profit margin 7.6% 4.8% shown, not part of the index
Return on assets 16.9% 10.7% 70 %
Equity ratio 27.3% 30.6% 43 %
Debt-to-equity 2.66 2.24 42 %
Current ratio 1.54 1.34 65 %
Revenue growth −14.0% 5.5% 17 %
Revenue per employee1.76 MNOK2.99 MNOK

The median and “ahead of” refer to medium-sized companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 51, ELEMENTFASADE AS does better than 51% of medium-sized companies in the same sector (719 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • ELEMENTFASADE AS
  • Median: medium-sized companies in the same sector
Analysis · 2024

What the numbers say

ELEMENTFASADE AS had an operating margin of 7.9% and an equity ratio of 27.3% in 2024, and ranks 11,662 of 24,304 in Bygg og anlegg.

From 2023 to 2024: the operating margin fell from 17.8% to 7.9% and the equity ratio fell from 35.9% to 27.3%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 18 MNOK and 80 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 8.0 MNOK 10.0 80 MNOK
EV/EBIT Operating profit: 10.6 MNOK
minus net debt 9.5 MNOK
8.0 76 MNOK
P/B Equity: 17.5 MNOK 1.0 18 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 · 2024

Worth a closer look

No rules were triggered for this year.

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

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 2.1%. 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

Profitability71 weight 30%
Solidity42 weight 25%
Liquidity65 weight 15%
Growth17 weight 15%
Consistency46 weight 15%

Durability: 67 (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 ELEMENTFASADE AS?

The operating margin was 7.9% in 2024, against a median of 4.6% among medium-sized companies in the same sector. Return on assets was 16.9%.

How solid is ELEMENTFASADE AS?

The equity ratio was 27.3% in 2024 (median 30.6%). Debt-to-equity was 2.66 (median 2.24).

What is the liquidity of ELEMENTFASADE AS like?

The current ratio was 1.54 in 2024 (median 1.34).

How does ELEMENTFASADE AS compare in Bygg og anlegg?

ELEMENTFASADE AS ranks 11,662 of 24,304 in Bygg og anlegg for 2024. Among companies of the same size (medium-sized companies) it ranks 350 of 719. Revenue changed by −14.0% from the year before.

From the Central Coordinating Register

Org. no.
928173704
Legal form
AS
Sector
Bygg og anlegg (43.350)
Size tier
medium
Employees
77 registered 10 October 2026
Founded
3 November 2021 4 years in operation
Share capital
0.53 MNOK
Business address
Tomteveien 31A, 1618 FREDRIKSTAD
Municipality
Fredrikstad rank 11 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
Kent Arild Martinsen
Chair of the board
Kent Arild Martinsen
Auditor
AS REVISION

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.

Report an issue

Figures last fetched 27 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index825158
Rank1,28911,6628,531
Operating margin17.8%7.9%10.4%
Return on assets51.1%16.9%21.5%
Equity ratio35.9%27.3%32.0%
Current ratio1.871.541.08
Revenue growth–−14.0%27.1%

Accounts

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

Key figure202320242025
Operating revenue157.1 MNOK135.2 MNOK171.7 MNOK
Operating profit27.9 MNOK10.6 MNOK17.9 MNOK
Profit before tax27.8 MNOK10.3 MNOK17.3 MNOK
Net profit21.6 MNOK8.0 MNOK13.5 MNOK
Financial expenses0.2 MNOK0.6 MNOK0.8 MNOK
Total assets54.8 MNOK64.2 MNOK83.8 MNOK
Current assets44.6 MNOK53.4 MNOK39.6 MNOK
Equity19.7 MNOK17.5 MNOK26.8 MNOK
Retained earnings18.7 MNOK16.5 MNOK25.8 MNOK
Total liabilities35.1 MNOK46.7 MNOK57.0 MNOK
Current liabilities23.8 MNOK34.8 MNOK36.8 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 6109337.