ELIS NORGE AS

Org. no. 930151246 · OSLO · Founded 1979 · 548 employees

Score · fiscal year 2025

68of 100

How to read this: the company is ahead of 85 % of companies in the Morning class Large in the same sector in 2025. What does this mean?

Rank in the Morning class Large: 9 of 55 · What are Morning company classes?
Place in the whole sector: 251 of 1,495 · Annen tjenesteyting

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 79 and solidity 98 out of 100 among companies in the Morning class Large in the same sector in 2025. Methodology

Against the sector

ELIS NORGE AS is 19 points above the median for companies in the Morning class Large in the same sector in 2025.

Median score 49 among 55 companies.

Against companies in the Morning class Large in the same sector in 2025: operating margin 10.6% (median 2.2%) and equity ratio 59.1% (median 25.7%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 31 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue902 MNOK1,238 MNOK
Operating margin 10.6% 2.2% 94 %
Profit margin 9.8% 1.9% shown, not part of the index
Return on assets 11.6% 7.8% 64 %
Equity ratio 59.1% 25.7% 98 %
Debt-to-equity 0.69 2.85 98 %
Current ratio 1.20 1.26 48 %
Revenue growth 3.9% 11.7% 30 %
Revenue per employee1.65 MNOK7.17 MNOK

The median and “ahead of” refer to companies in the Morning class Large in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 68, ELIS NORGE AS does better than 85% of companies in the Morning class Large in the same sector (55 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • ELIS NORGE AS
  • Median: companies in the Morning class Large in the same sector
Summary analysis

ELIS NORGE AS has a score of 68 for 2025, rank 251 of 1,495 in the sector.

Strongest: Solidity: percentile 98 against peers, equity ratio 59.1% against a median of 25.7%. Profitability: percentile 79 against peers, operating margin 10.6% against a median of 2.2%.

Weakest: Growth: percentile 30 against peers, revenue growth 3.9% against a median of 11.7%.

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

ELIS NORGE AS had an operating margin of 10.6% and an equity ratio of 59.1% in 2025, and ranks 251 of 1,495 in Annen tjenesteyting.

No large changes in the key figures from 2024 to 2025.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 521 MNOK and 672 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 67.2 MNOK 10.0 672 MNOK
EV/EBIT Operating profit: 95.5 MNOK
minus net debt 100.2 MNOK
8.0 664 MNOK
P/B Equity: 520.5 MNOK 1.0 521 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

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 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 −0.2%. Based on the 9 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability79 weight 30%
Solidity98 weight 25%
Liquidity48 weight 15%
Growth30 weight 15%
Consistency55 weight 15%

Durability: 76 (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 ELIS NORGE AS?

The operating margin was 10.6% in 2025, against a median of 2.2% among companies in the Morning class Large in the same sector. Return on assets was 11.6%.

How solid is ELIS NORGE AS?

The equity ratio was 59.1% in 2025 (median 25.7%). Debt-to-equity was 0.69 (median 2.85).

What is the liquidity of ELIS NORGE AS like?

The current ratio was 1.20 in 2025 (median 1.26).

How does ELIS NORGE AS compare in Annen tjenesteyting?

ELIS NORGE AS ranks 251 of 1,495 in Annen tjenesteyting for 2025. Among companies in the Morning class Large it is number 9 of 55. Revenue changed by 3.9% 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.

Public contracts

Contracts awarded since 2024
10
Total awarded value since 2024
2.7 MNOK
3 contracts without a stated value are not in the total.
Framework agreements
4
Left out of the total: the value is a ceiling, not actual spend.
DateBuyerNotice ValueCPV
1 October 2026 Bergen kommune - Innkjøp konsern IK-EØS 024-2026 Leie og vask av løse gulvmatter til Bergen kommune og samarbeidsparter 18.8 MNOK (framework) 39530000
30 June 2026 Vestland fylkeskommune Tjenesteavtale for regelmessig oppfølging av hygieneløsninger 0.7 MNOK 85000000
1 May 2026 Innherred Renovasjon IKS Renhold / renholdstjenester, matter og hygieneartikler IR IKS 2.0 MNOK 90900000
10 October 2025 Bergen kommune - Innkjøp konsern IK-EØS 012-2025 Rammeavtale for leie og vask av uniformer til helsepersonell, Bergen kommune og samarbeidsparter 110.0 MNOK (framework) 19260000
10 July 2025 UNIVERSITETET I BERGEN ANSK-25-0499 Løpende tjenesteavtale Vaskeri- og tøytjenester IKO 0.0 MNOK 98312000
2 April 2025 BIR AS Kjøp av vaskeritjenester value not stated 98311000
3 March 2025 Bergen kommune IK-EØS 051-2023 Leie og vask av uniformer - hjemmebaserte tjenester mfl. i Bergen kommune 40.0 MNOK (framework) 18130000
10 December 2024 Nittedal Kommune Rammeavtale på leie, vask og levering av arbeidstøy og lintøy value not stated 18100000
3 December 2024 Vestland fylkeskommune Vaskeritenester for tannhelse value not stated 18100000
12 September 2024 Vy Tog AS Vaskeritjenester av flerbrukstepper til Bergensbanen value not stated 98000000

Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.

Source: Doffin (DFØ), fetched 28 October 2026. Winners are matched on organisation number.

Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0

From the Central Coordinating Register

Org. no.
930151246
Legal form
AS · part of a group
Sector
Annen tjenesteyting (96.100)
Morning company class
Large
Employees
548 registered 10 October 2026
Founded
13 November 1979 46 years in operation
Share capital
51.51 MNOK
Business address
Kværnerbyen, Smeltedigelen 1, 0195 OSLO
Municipality
Oslo rank 63–220 of 357 in Norway
Latest accounts filed
2025
Website
www.no.elis.com
LEI
549300YN6LUFMZWSKN08 renews 10 October 2027

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
Frank Erik Mengel
Chair of the board
Charlotta Brännström Ericsson
Board member
Preben Fossan
Board member
Kristine Krokeide Andersen
Board member
May Klefsåsvold Høgseth
Board member
Frank Erik Mengel
Deputy member
Kim Erlend Løvslett
Deputy member
Martin Fosshaug Christiansen
Auditor
PRICEWATERHOUSECOOPERS AS

Source: Central Coordinating Register, fetched 31 October 2026. Only names are shown.

Parent company
ELIS UK LIMITED (United Kingdom)
Ultimate parent
ELIS (France)

Foreign-owned according to GLEIF.

Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 30 October 2026. The parent is the one the company itself reported to GLEIF.

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 31 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index897168
Rank48184251
Operating margin13.4%11.8%10.6%
Return on assets15.9%12.8%11.6%
Equity ratio60.5%57.0%59.1%
Current ratio1.361.111.20
Revenue growth–5.8%3.9%

Accounts

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

Key figure202320242025
Operating revenue820.3 MNOK867.6 MNOK901.9 MNOK
Operating profit110.2 MNOK101.9 MNOK95.5 MNOK
Profit before tax120.9 MNOK99.5 MNOK88.0 MNOK
Net profit93.2 MNOK76.2 MNOK67.2 MNOK
Financial expenses6.5 MNOK10.5 MNOK13.8 MNOK
Total assets800.5 MNOK862.7 MNOK880.8 MNOK
Current assets326.2 MNOK276.1 MNOK279.9 MNOK
Equity484.5 MNOK491.4 MNOK520.5 MNOK
Retained earnings428.6 MNOK429.8 MNOK457.0 MNOK
Total liabilities316.0 MNOK371.4 MNOK360.3 MNOK
Current liabilities239.4 MNOK248.5 MNOK233.0 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 31 October 2026, accounts id 7100099.