M.H FLISLEGGER AS
Score · fiscal year 2025
64of 100
How to read this: the company is ahead of 76 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?
Rank in the Morning class Micro: 3,122 of 12,950 · What are Morning company classes?
Place in the whole sector: 4,869 of 20,428 · Bygg og anlegg
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 94 and solidity 55 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology
Against the sector
M.H FLISLEGGER AS is 14 points above the median for companies in the Morning class Micro in the same sector in 2025.
Median score 50 among 12,943 companies.
Against companies in the Morning class Micro in the same sector in 2025: operating margin 22.1% (median 3.5%) and equity ratio 41.8% (median 33.1%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 2 MNOK | 3 MNOK |
| Operating margin | 22.1% | 3.5% |
| Profit margin | 22.0% | 3.0% |
| Return on assets | 70.8% | 7.8% |
| Equity ratio | 41.8% | 33.1% |
| Debt-to-equity | 1.39 | 1.41 |
| Current ratio | 0.14 | 1.42 |
| Revenue growth | 100.8% | 6.1% |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 64, M.H FLISLEGGER AS does better than 76% of companies in the Morning class Micro in the same sector (12,950 companies) in 2025.
Score over time
Score over time needs at least two fiscal years with a score. It will appear when next year's figures are fetched or history is imported.
M.H FLISLEGGER AS has a score of 64 for 2025, rank 4,869 of 20,428 in the sector.
Strongest: Profitability: percentile 94 against peers, operating margin 22.1% against a median of 3.5%. Growth: percentile 90 against peers, revenue growth 100.8% against a median of 6.1%.
Weakest: Liquidity: percentile 2 against peers, current ratio 0.14 against a median of 1.42.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 7.3 times current assets. Based on: current ratio 0.14 (median 1.42).
- Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have? Based on: revenue growth 100.8% (median 6.1%); current ratio 0.14 (median 1.42).
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
M.H FLISLEGGER AS had an operating margin of 22.1% and an equity ratio of 41.8% in 2025, and ranks 4,869 of 20,428 in Bygg og anlegg.
From 2024 to 2025: the equity ratio rose from −118.8% to 41.8% and revenue grew by 101%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 0 MNOK and 3 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 3 MNOK |
| EV/EBIT | 8.0 | 3 MNOK |
| 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
- critical
Consider strengthening liquidity: current liabilities are 7.3 times current assets.
Based on: Current ratio 0.14 (median 1.42).
- 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 100.8% (median 6.1%); Current ratio 0.14 (median 1.42).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.5% 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.
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
What the score is made of
| Profitability | 94 | weight 30% |
|---|---|---|
| Solidity | 55 | weight 25% |
| Liquidity | 2 | weight 15% |
| Growth | 90 | weight 15% |
| Consistency | 55 | weight 15% |
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is M.H FLISLEGGER AS?
The operating margin was 22.1% in 2025, against a median of 3.5% among companies in the Morning class Micro in the same sector. Return on assets was 70.8%.
How solid is M.H FLISLEGGER AS?
The equity ratio was 41.8% in 2025 (median 33.1%). Debt-to-equity was 1.39 (median 1.41).
What is the liquidity of M.H FLISLEGGER AS like?
The current ratio was 0.14 in 2025 (median 1.42). Current assets did not cover current liabilities.
How does M.H FLISLEGGER AS compare in Bygg og anlegg?
M.H FLISLEGGER AS ranks 4,869 of 20,428 in Bygg og anlegg for 2025. Among companies in the Morning class Micro it is number 3,122 of 12,950. Revenue changed by 100.8% from the year before.
From the Central Coordinating Register
- Org. no.
- 928867560
- Legal form
- AS
- Sector
- Bygg og anlegg (43.330)
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 4 January 2022 4 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Algarheimsvegen 117, 2056 ALGARHEIM (ULLENSAKER)
- Municipality
- Ullensaker rank 4–12 of 13 in KOSTRA group 10
- Audit
- Audit opted out from 3 March 2022
- 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
- Mahmoud Hassan Hajali
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 | – | – | 64 | |
| Rank | – | – | 4,869 | |
| Operating margin | −20.3% | 8.3% | 22.1% | |
| Return on assets | −121.3% | 91.8% | 70.8% | |
| Equity ratio | −121.8% | −118.8% | 41.8% | |
| Current ratio | 0.37 | 0.36 | 0.14 | |
| Revenue growth | – | 6.5% | 100.8% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.9 MNOK | 0.9 MNOK | 1.8 MNOK |
| Operating profit | −0.2 MNOK | 0.1 MNOK | 0.4 MNOK |
| Profit before tax | −0.2 MNOK | 0.1 MNOK | 0.4 MNOK |
| Net profit | −0.2 MNOK | 0.1 MNOK | 0.3 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 0.1 MNOK | 0.1 MNOK | 0.6 MNOK |
| Current assets | 0.1 MNOK | 0.1 MNOK | 0.0 MNOK |
| Equity | −0.2 MNOK | −0.1 MNOK | 0.2 MNOK |
| Retained earnings | −0.2 MNOK | −0.1 MNOK | 0.2 MNOK |
| Total liabilities | 0.3 MNOK | 0.2 MNOK | 0.3 MNOK |
| Current liabilities | 0.3 MNOK | 0.2 MNOK | 0.3 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 6414475.
Further
Similar companies
- FB BYGG HOLDING AS index 64, rank 4,864 · compare
- UNIRØR AS index 64, rank 4,866 · compare
- HEGNA MASKINSERVICE AS index 64, rank 4,867 · compare
- MURSYSTEMER AS index 64, rank 4,870 · compare
- MARIUS MALER SERVICE AS index 64, rank 4,871 · compare