MOTOR FORUM AS

Org. no. 936999247 · LILLESTRØM · Founded 1985 · 35 employees

Score · fiscal year 2024

18of 100

How to read this: the company is ahead of 4 % of medium-sized companies in the same sector in 2024. What does this mean?

Rank: 33,863 of 37,180 · Handel

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 3 and solidity 36 out of 100 among medium-sized companies in the same sector in 2024. Methodology

Against the sector

MOTOR FORUM AS is 32 points below the median for medium-sized companies in the same sector in 2024.

Median score 50 among 2,059 companies.

Against medium-sized companies in the same sector in 2024: operating margin −5.5% (median 3.2%) and equity ratio 25.0% (median 32.6%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 28 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue157 MNOK171 MNOK
Operating margin −5.5% 3.2% 4 %
Profit margin −6.4% 3.1% shown, not part of the index
Return on assets −19.5% 11.1% 2 %
Equity ratio 25.0% 32.6% 36 %
Debt-to-equity 3.00 2.01 35 %
Current ratio 1.02 1.38 17 %
Revenue growth −7.2% 5.2% 16 %
Revenue per employee4.48 MNOK6.29 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 18, MOTOR FORUM AS does better than 4% of medium-sized companies in the same sector (2,059 companies) in 2024.

Over time

Score 2023–2025

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

What the numbers say

MOTOR FORUM AS had an operating margin of −5.5% and an equity ratio of 25.0% in 2024, and ranks 33,863 of 37,180 in Handel.

No large changes in the key figures from 2023 to 2024.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

One method gives a figure: 11 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −7.9 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −8.6 MNOK 8.0 not meaningful
P/B Equity: 10.9 MNOK 1.0 11 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

  • watch

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin −6.4% (median 3.1%).

  • watch

    The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?

    Based on: Operating margin −5.5% (median 3.2%).

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

Financial costs were 4.9% 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 · 2017

Scenario analysis: the sector's weakest year

We have no accounts for 2017, the sector's weakest year, for this company.

The sector's weakest year was 2017, with a median operating margin of −65.6%. 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

Profitability3 weight 30%
Solidity36 weight 25%
Liquidity17 weight 15%
Growth16 weight 15%
Consistency19 weight 15%

Durability: 18 (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 MOTOR FORUM AS?

The operating margin was −5.5% in 2024, against a median of 3.2% among medium-sized companies in the same sector. Return on assets was −19.5%. The company made a loss before tax.

How solid is MOTOR FORUM AS?

The equity ratio was 25.0% in 2024 (median 32.6%). Debt-to-equity was 3.00 (median 2.01).

What is the liquidity of MOTOR FORUM AS like?

The current ratio was 1.02 in 2024 (median 1.38).

How does MOTOR FORUM AS compare in Handel?

MOTOR FORUM AS ranks 33,863 of 37,180 in Handel for 2024. Among companies of the same size (medium-sized companies) it ranks 1,984 of 2,059. Revenue changed by −7.2% 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.
936999247
Legal form
AS · part of a group
Sector
Handel (47.810)
Size tier
medium
Employees
35 registered 10 October 2026
Founded
27 June 1985 41 years in operation
Share capital
2.00 MNOK
Business address
Jogstadveien 19, 2007 KJELLER (LILLESTRØM)
Municipality
Lillestrøm rank 4–9 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
Eirik Nilsen
Chair of the board
Lena Louise Bakke Musæus
Board member
Christian Rafn Schmidt
Board member
Paul Petter Nyhus-Jenssen
Auditor
CEDRA NORGE AS

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 28 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index181828
Rank30,64733,86331,774
Operating margin−6.5%−5.5%−3.3%
Return on assets−16.0%−19.5%−7.1%
Equity ratio25.0%25.0%24.0%
Current ratio1.151.021.14
Revenue growth–−7.2%13.4%

Accounts

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

Key figure202320242025
Operating revenue169.0 MNOK156.8 MNOK177.8 MNOK
Operating profit−11.0 MNOK−8.6 MNOK−5.9 MNOK
Profit before tax−13.0 MNOK−10.1 MNOK−7.9 MNOK
Net profit−10.2 MNOK−7.9 MNOK−6.2 MNOK
Financial expenses2.1 MNOK1.6 MNOK2.1 MNOK
Total assets68.5 MNOK43.6 MNOK82.1 MNOK
Current assets57.4 MNOK32.2 MNOK70.1 MNOK
Equity17.1 MNOK10.9 MNOK19.8 MNOK
Retained earnings−0.8 MNOK−8.6 MNOK−14.8 MNOK
Total liabilities51.4 MNOK32.7 MNOK62.4 MNOK
Current liabilities50.1 MNOK31.7 MNOK61.2 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 5979359.

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