MB Eiendom AS

Org. no. 950383585 · Ålesund · Founded 1988

Score · fiscal year 2023

72of 100

How to read this: the company is ahead of 83 % of companies in the Morning class Micro in the same sector in 2023. What does this mean?

Rank in the Morning class Micro: 1,847 of 10,647 · What are Morning company classes?
Place in the whole sector: 3,755 of 21,201 · Handel

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 78 and solidity 71 out of 100 among companies in the Morning class Micro in the same sector in 2023. Methodology

Against the sector

MB Eiendom AS is 22 points above the median for companies in the Morning class Micro in the same sector in 2023.

Median score 50 among 10,638 companies.

Against companies in the Morning class Micro in the same sector in 2023: operating margin 21.8% (median 2.6%) and equity ratio 60.4% (median 35.8%).

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 revenue1 MNOK4 MNOK
Operating margin 21.8% 2.6% 90 %
Profit margin 77.2% 2.1% shown, not part of the index
Return on assets 12.1% 5.8% 66 %
Equity ratio 60.4% 35.8% 74 %
Debt-to-equity 0.66 1.24 68 %
Current ratio 1.94 1.79 54 %
Revenue growth – 6.5% not compared

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

With an index of 72, MB Eiendom AS does better than 83% of companies in the Morning class Micro in the same sector (10,647 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • MB Eiendom AS
  • Median: companies in the Morning class Micro in the same sector
Analysis · 2023

What the numbers say

MB Eiendom AS had an operating margin of 21.8% and an equity ratio of 60.4% in 2023, and ranks 3,755 of 21,201 in Handel.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 6 MNOK and 10 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 1.0 MNOK 10.0 10 MNOK
EV/EBIT Operating profit: 0.3 MNOK
minus net debt 3.4 MNOK
8.0 debt above value
P/B Equity: 6.4 MNOK 1.0 6 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 6.8% 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

Profitability78 weight 30%
Solidity71 weight 25%
Liquidity54 weight 15%
Growth– no data, left out
Consistency81 weight 15%

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

2023

Questions and answers

How profitable is MB Eiendom AS?

The operating margin was 21.8% in 2023, against a median of 2.6% among companies in the Morning class Micro in the same sector. Return on assets was 12.1%.

How solid is MB Eiendom AS?

The equity ratio was 60.4% in 2023 (median 35.8%). Debt-to-equity was 0.66 (median 1.24).

What is the liquidity of MB Eiendom AS like?

The current ratio was 1.94 in 2023 (median 1.79).

How does MB Eiendom AS compare in Handel?

MB Eiendom AS ranks 3,755 of 21,201 in Handel for 2023. Among companies in the Morning class Micro it is number 1,847 of 10,647.

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.
950383585
Legal form
AS · part of a group
Sector
Handel (47.820)
Morning company class
Micro
Employees
0–4 (not registered)
Founded
16 December 1988 37 years in operation
Share capital
0.12 MNOK
Business address
6240 ØRSKOG (ÅLESUND)
Municipality
Ålesund rank 2–6 of 10 in KOSTRA group 11
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

Chair of the board
Godtfried Gjørtz Giske
Board member
Geir-Kåre Myren
Deputy member
Oddny Torill Myren
Auditor
Contabile AS
Accountant
Økonomiservice 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.

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Figures last fetched 28 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index727336
Rank3,7552,43217,313
Operating margin21.8%27.1%−28.8%
Return on assets12.1%23.3%−1.3%
Equity ratio60.4%63.8%55.5%
Current ratio1.942.220.43
Revenue growth–4.3%3.5%

Accounts

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

Key figure202320242025
Operating revenue1.3 MNOK1.4 MNOK1.4 MNOK
Operating profit0.3 MNOK0.4 MNOK−0.4 MNOK
Profit before tax1.0 MNOK2.1 MNOK−0.4 MNOK
Net profit1.0 MNOK2.1 MNOK−0.3 MNOK
Financial expenses0.3 MNOK0.3 MNOK0.2 MNOK
Total assets10.6 MNOK10.2 MNOK11.1 MNOK
Current assets0.6 MNOK0.6 MNOK0.9 MNOK
Equity6.4 MNOK6.5 MNOK6.2 MNOK
Retained earnings6.2 MNOK6.2 MNOK5.9 MNOK
Total liabilities4.2 MNOK3.7 MNOK5.0 MNOK
Current liabilities0.3 MNOK0.3 MNOK2.1 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 4837385.

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