SJOAREN ELEKTRO AS

Org. no. 930618209 · VINDAFJORD · Founded 2022 · 6 employees

Score · fiscal year 2023

37of 100

How to read this: the company is ahead of 30 % of small companies in the same sector in 2023. What does this mean?

Rank: 20,394 of 28,994 · Bygg og anlegg

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 48 and solidity 17 out of 100 among small companies in the same sector in 2023. Methodology

Against the sector

SJOAREN ELEKTRO AS is 13 points below the median for small companies in the same sector in 2023.

Median score 50 among 27,966 companies.

Against small companies in the same sector in 2023: operating margin 2.5% (median 4.1%) and equity ratio 10.5% (median 36.8%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 27 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue4 MNOK3 MNOK
Operating margin 2.5% 4.1% 43 %
Profit margin 1.4% 3.8% shown, not part of the index
Return on assets 7.7% 5.9% 54 %
Equity ratio 10.5% 36.8% 24 %
Debt-to-equity 8.56 1.24 10 %
Current ratio 1.50 1.44 52 %
Revenue growth – 2.6% not compared
Revenue per employee0.66 MNOK1.38 MNOK

The median and “ahead of” refer to small companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 37, SJOAREN ELEKTRO AS does better than 30% of small companies in the same sector (28,016 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • SJOAREN ELEKTRO AS
  • Median: small companies in the same sector
Analysis · 2023

What the numbers say

SJOAREN ELEKTRO AS had an operating margin of 2.5% and an equity ratio of 10.5% in 2023, and ranks 20,394 of 28,994 in Bygg og anlegg.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 0 MNOK and 0 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.0 MNOK 10.0 0 MNOK
EV/EBIT Operating profit: 0.1 MNOK
minus net debt 0.5 MNOK
8.0 0 MNOK
P/B Equity: 0.1 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 · 2023

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 4.0% of the debt in 2023. The policy rate averaged 3.54 % 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 2.5%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability48 weight 30%
Solidity17 weight 25%
Liquidity52 weight 15%
Growth– no data, left out
Consistency30 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2023

Questions and answers

How profitable is SJOAREN ELEKTRO AS?

The operating margin was 2.5% in 2023, against a median of 4.1% among small companies in the same sector. Return on assets was 7.7%.

How solid is SJOAREN ELEKTRO AS?

The equity ratio was 10.5% in 2023 (median 36.8%). Debt-to-equity was 8.56 (median 1.24).

What is the liquidity of SJOAREN ELEKTRO AS like?

The current ratio was 1.50 in 2023 (median 1.44).

How does SJOAREN ELEKTRO AS compare in Bygg og anlegg?

SJOAREN ELEKTRO AS ranks 20,394 of 28,994 in Bygg og anlegg for 2023. Among companies of the same size (small companies) it ranks 19,641 of 28,016.

From the Central Coordinating Register

Org. no.
930618209
Legal form
AS
Sector
Bygg og anlegg (43.210)
Size tier
small
Employees
6 registered 10 August 2026
Founded
20 December 2022 3 years in operation
Share capital
0.10 MNOK
Business address
Sjoargata 59, 5580 ØLEN (VINDAFJORD)
Municipality
Vindafjord rank 1 of 40 in KOSTRA group 1
Audit
Audit opted out from 10 January 2023
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
Håvard Risøy Vestbø
Chair of the board
Håvard Risøy Vestbø
Accountant
5-PLUSS AS

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
Index376833
Rank20,3945,24625,174
Operating margin2.5%14.8%−8.3%
Return on assets7.7%34.9%−21.5%
Equity ratio10.5%31.8%25.2%
Current ratio1.502.121.98
Revenue growth–29.2%−26.6%

Accounts

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

Key figure202320242025
Operating revenue4.0 MNOK5.1 MNOK3.8 MNOK
Operating profit0.1 MNOK0.8 MNOK−0.3 MNOK
Profit before tax0.1 MNOK0.7 MNOK−0.3 MNOK
Net profit0.0 MNOK0.6 MNOK−0.3 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets1.3 MNOK2.2 MNOK1.4 MNOK
Current assets0.9 MNOK1.9 MNOK1.2 MNOK
Equity0.1 MNOK0.7 MNOK0.4 MNOK
Retained earnings0.0 MNOK0.6 MNOK0.3 MNOK
Total liabilities1.2 MNOK1.5 MNOK1.1 MNOK
Current liabilities0.6 MNOK0.9 MNOK0.6 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 4573307.

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