Lindab A/S

Org. no. 929805925 · OSLO · Founded 1980 · 108 employees

Score · fiscal year 2024

66of 100

How to read this: the company is ahead of 79 % of companies in the Morning class Large in the same sector in 2024. What does this mean?

Rank in the Morning class Large: 105 of 499 · What are Morning company classes?
Place in the whole sector: 4,755 of 22,346 · Handel

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 72 and solidity 81 out of 100 among companies in the Morning class Large in the same sector in 2024. Methodology

Against the sector

Lindab A/S is 16 points above the median for companies in the Morning class Large in the same sector in 2024.

Median score 50 among 499 companies.

Against companies in the Morning class Large in the same sector in 2024: operating margin 4.7% (median 2.5%) and equity ratio 50.3% (median 28.8%).

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 revenue605 MNOK1,161 MNOK
Operating margin 4.7% 2.5% 72 %
Profit margin 6.2% 2.6% shown, not part of the index
Return on assets 16.2% 10.1% 71 %
Equity ratio 50.3% 28.8% 81 %
Debt-to-equity 0.99 2.43 81 %
Current ratio 1.51 1.26 68 %
Revenue growth −11.2% 4.6% 11 %
Revenue per employee5.61 MNOK11.19 MNOK

The median and “ahead of” refer to companies in the Morning class Large in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 66, Lindab A/S does better than 79% of companies in the Morning class Large in the same sector (499 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Lindab A/S
  • Median: companies in the Morning class Large in the same sector
Analysis · 2024

What the numbers say

Lindab A/S had an operating margin of 4.7% and an equity ratio of 50.3% in 2024, and ranks 4,755 of 22,346 in Handel.

From 2023 to 2024: the equity ratio rose from 39.3% to 50.3% and revenue fell by 11%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 132 MNOK and 315 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 31.5 MNOK 10.0 315 MNOK
EV/EBIT Operating profit: 28.4 MNOK
minus net debt 17.2 MNOK
8.0 210 MNOK
P/B Equity: 131.9 MNOK 1.0 132 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.

Financial costs were 3.8% of the debt in 2024. The policy rate averaged 4.50 % 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.

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 · 2024

What the score is made of

Profitability72 weight 30%
Solidity81 weight 25%
Liquidity68 weight 15%
Growth11 weight 15%
Consistency81 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 Lindab A/S?

The operating margin was 4.7% in 2024, against a median of 2.5% among companies in the Morning class Large in the same sector. Return on assets was 16.2%.

How solid is Lindab A/S?

The equity ratio was 50.3% in 2024 (median 28.8%). Debt-to-equity was 0.99 (median 2.43).

What is the liquidity of Lindab A/S like?

The current ratio was 1.51 in 2024 (median 1.26).

How does Lindab A/S compare in Handel?

Lindab A/S ranks 4,755 of 22,346 in Handel for 2024. Among companies in the Morning class Large it is number 105 of 499. Revenue changed by −11.2% from the year before.

Group accounts

The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.

Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.

We do not show the group structure, because open data does not say who owns whom.

From the Central Coordinating Register

Org. no.
929805925
Legal form
AS · part of a group
Sector
Handel (46.840)
Morning company class
Large
Employees
108 registered 10 October 2026
Founded
9 April 1980 46 years in operation
Share capital
6.00 MNOK
Business address
Stålfjæra 10, 0975 OSLO
Municipality
Oslo rank 63–221 of 357 in Norway
Latest accounts filed
2025
Website
www.lindab.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
Erik Iversen
Chair of the board
Ola Henrik Goesta Ranstam
Board member
Anette Nedrud
Board member
Hilde Catrin Andersen O'doherty
Board member
Kent Bo Joakim Lönnberg
Board member
Sven Johan Lars Ynner
Deputy member
Tone Kristoffersen
Auditor
CEDRA NORGE AS
Accountant
AS SOLREGN

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
Index686665
Rank4,7384,7555,184
Operating margin4.6%4.7%3.8%
Return on assets16.1%16.2%14.7%
Equity ratio39.3%50.3%48.5%
Current ratio1.291.511.51
Revenue growth–−11.2%1.1%

Accounts

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

Key figure202320242025
Operating revenue681.9 MNOK605.4 MNOK612.1 MNOK
Operating profit31.6 MNOK28.4 MNOK23.2 MNOK
Profit before tax39.1 MNOK37.4 MNOK37.7 MNOK
Net profit33.4 MNOK31.5 MNOK32.9 MNOK
Financial expenses10.5 MNOK5.0 MNOK5.0 MNOK
Total assets307.9 MNOK262.2 MNOK290.5 MNOK
Current assets205.8 MNOK155.7 MNOK185.3 MNOK
Equity120.9 MNOK131.9 MNOK140.8 MNOK
Retained earnings111.3 MNOK122.3 MNOK131.2 MNOK
Total liabilities187.0 MNOK130.4 MNOK149.6 MNOK
Current liabilities160.0 MNOK103.4 MNOK122.6 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 6264259.