Rittal AS

Org. no. 938044775 · Nordre Follo · Founded 1985 · 15 employees

Score · fiscal year 2023

53of 100

How to read this: the company is ahead of 55 % of companies in the Morning class Medium in the same sector in 2023. What does this mean?

Rank in the Morning class Medium: 1,481 of 3,281 · What are Morning company classes?
Place in the whole sector: 9,516 of 21,088 · Handel

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 90 and solidity 41 out of 100 among companies in the Morning class Medium in the same sector in 2023. Methodology

Against the sector

Rittal AS is 3 points above the median for companies in the Morning class Medium in the same sector in 2023.

Median score 50 among 3,281 companies.

Against companies in the Morning class Medium in the same sector in 2023: operating margin 7.8% (median 2.9%) and equity ratio 24.8% (median 29.5%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 28 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue190 MNOK91 MNOK
Operating margin 7.8% 2.9% 82 %
Profit margin 10.0% 2.7% shown, not part of the index
Return on assets 49.3% 11.6% 98 %
Equity ratio 24.8% 29.5% 42 %
Debt-to-equity 3.03 2.32 41 %
Current ratio 1.32 1.39 45 %
Revenue growth – 5.2% not compared
Revenue per employee12.69 MNOK4.75 MNOK

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

With an index of 53, Rittal AS does better than 55% of companies in the Morning class Medium in the same sector (3,281 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Rittal AS
  • Median: companies in the Morning class Medium in the same sector
Analysis · 2023

What the numbers say

Rittal AS had an operating margin of 7.8% and an equity ratio of 24.8% in 2023, and ranks 9,516 of 21,088 in Handel.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 11 MNOK and 149 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 14.9 MNOK 10.0 149 MNOK
EV/EBIT Operating profit: 14.9 MNOK
minus net debt −13.6 MNOK
8.0 133 MNOK
P/B Equity: 11.1 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 · 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 8.6% 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.

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 1.5%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability90 weight 30%
Solidity41 weight 25%
Liquidity45 weight 15%
Growth– no data, left out
Consistency7 weight 15%

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

2023

Questions and answers

How profitable is Rittal AS?

The operating margin was 7.8% in 2023, against a median of 2.9% among companies in the Morning class Medium in the same sector. Return on assets was 49.3%.

How solid is Rittal AS?

The equity ratio was 24.8% in 2023 (median 29.5%). Debt-to-equity was 3.03 (median 2.32).

What is the liquidity of Rittal AS like?

The current ratio was 1.32 in 2023 (median 1.39).

How does Rittal AS compare in Handel?

Rittal AS ranks 9,516 of 21,088 in Handel for 2023. Among companies in the Morning class Medium it is number 1,481 of 3,281.

From the Central Coordinating Register

Org. no.
938044775
Legal form
AS
Sector
Handel (46.640)
Morning company class
Medium
Employees
15 registered 10 September 2026
Founded
8 October 1985 41 years in operation
Share capital
11.08 MNOK
Business address
Tinghusveien 32, 1423 SKI (NORDRE FOLLO)
Municipality
Nordre Follo rank 1 of 10 in KOSTRA group 11
Latest accounts filed
2025
Website
www.rittal.no
LEI
529900FWLY2GSRSGNL84 renews 4 September 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

Loading roles …

Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.

Parent company
No known owner

Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 29 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 28 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index536054
Rank9,5167,0169,990
Operating margin7.8%12.2%8.1%
Return on assets49.3%55.4%45.3%
Equity ratio24.8%19.4%27.0%
Current ratio1.321.241.37
Revenue growth–24.0%−13.2%

Accounts

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

Key figure202320242025
Operating revenue190.4 MNOK236.1 MNOK205.1 MNOK
Operating profit14.9 MNOK28.8 MNOK16.7 MNOK
Profit before tax19.1 MNOK32.4 MNOK17.0 MNOK
Net profit14.9 MNOK25.3 MNOK13.3 MNOK
Financial expenses2.9 MNOK−0.8 MNOK1.6 MNOK
Total assets44.7 MNOK57.0 MNOK41.0 MNOK
Current assets44.2 MNOK56.9 MNOK41.0 MNOK
Equity11.1 MNOK11.1 MNOK11.1 MNOK
Retained earnings0.0 MNOK––
Total liabilities33.6 MNOK45.9 MNOK30.0 MNOK
Current liabilities33.6 MNOK45.9 MNOK29.9 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 4919029.