Modum Bygg AS

Org. no. 957242588 · Modum · Founded 1990 · 11 employees

Score · fiscal year 2024

62of 100

How to read this: the company is ahead of 72 % of companies in the Morning class Small in the same sector in 2024. What does this mean?

Rank in the Morning class Small: 2,002 of 7,161 · What are Morning company classes?
Place in the whole sector: 6,081 of 22,237 · Handel

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 36 and solidity 83 out of 100 among companies in the Morning class Small in the same sector in 2024. Methodology

Against the sector

Modum Bygg AS is 11 points above the median for companies in the Morning class Small in the same sector in 2024.

Median score 51 among 7,161 companies.

Against companies in the Morning class Small in the same sector in 2024: operating margin 1.4% (median 3.0%) and equity ratio 65.8% (median 36.3%).

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 revenue19 MNOK20 MNOK
Operating margin 1.4% 3.0% 37 %
Profit margin 1.3% 2.7% shown, not part of the index
Return on assets 4.5% 8.9% 35 %
Equity ratio 65.8% 36.3% 83 %
Debt-to-equity 0.52 1.53 82 %
Current ratio 2.84 1.71 77 %
Revenue growth 3.6% 3.8% 49 %
Revenue per employee1.75 MNOK2.05 MNOK

The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 62, Modum Bygg AS does better than 72% of companies in the Morning class Small in the same sector (7,161 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Modum Bygg AS
  • Median: companies in the Morning class Small in the same sector
Analysis · 2024

What the numbers say

Modum Bygg AS had an operating margin of 1.4% and an equity ratio of 65.8% in 2024, and ranks 6,081 of 22,237 in Handel.

From 2023 to 2024: the operating margin fell from 7.3% to 1.4% and the equity ratio rose from 56.8% to 65.8%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 2 MNOK and 4 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.2 MNOK 10.0 2 MNOK
EV/EBIT Operating profit: 0.3 MNOK
minus net debt −0.9 MNOK
8.0 3 MNOK
P/B Equity: 3.9 MNOK 1.0 4 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

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 1.3% 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.

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 · 2024

What the score is made of

Profitability36 weight 30%
Solidity83 weight 25%
Liquidity77 weight 15%
Growth49 weight 15%
Consistency79 weight 15%

Durability: 68 (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 Modum Bygg AS?

The operating margin was 1.4% in 2024, against a median of 3.0% among companies in the Morning class Small in the same sector. Return on assets was 4.5%.

How solid is Modum Bygg AS?

The equity ratio was 65.8% in 2024 (median 36.3%). Debt-to-equity was 0.52 (median 1.53).

What is the liquidity of Modum Bygg AS like?

The current ratio was 2.84 in 2024 (median 1.71).

How does Modum Bygg AS compare in Handel?

Modum Bygg AS ranks 6,081 of 22,237 in Handel for 2024. Among companies in the Morning class Small it is number 2,002 of 7,161. Revenue changed by 3.6% from the year before.

From the Central Coordinating Register

Org. no.
957242588
Legal form
AS
Sector
Handel (47.520)
Morning company class
Small
Employees
11 registered 10 September 2026
Founded
27 February 1990 36 years in operation
Share capital
0.15 MNOK
Business address
Vikersundgata 38, 3370 VIKERSUND (MODUM)
Municipality
Modum rank 12–25 of 38 in KOSTRA group 7
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
Helge Kvaase
Chair of the board
Stine-Marie Juelsen
Board member
Helge Kvaase
Board member
Sondre Garås
Board member
Janne Marie Hovde Garås
Auditor
GYLLSTRØM & Johansen AS
Accountant
Azets Insight 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
Index746260
Rank3,3086,0817,040
Operating margin7.3%1.4%5.0%
Return on assets20.6%4.5%13.9%
Equity ratio56.8%65.8%57.3%
Current ratio2.242.842.30
Revenue growth–3.6%−0.6%

Accounts

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

Key figure202320242025
Operating revenue18.6 MNOK19.3 MNOK19.2 MNOK
Operating profit1.4 MNOK0.3 MNOK1.0 MNOK
Profit before tax1.3 MNOK0.2 MNOK0.9 MNOK
Net profit1.0 MNOK0.2 MNOK0.7 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets6.6 MNOK6.0 MNOK6.9 MNOK
Current assets6.3 MNOK5.8 MNOK6.8 MNOK
Equity3.8 MNOK3.9 MNOK4.0 MNOK
Retained earnings3.6 MNOK3.8 MNOK3.8 MNOK
Total liabilities2.9 MNOK2.0 MNOK3.0 MNOK
Current liabilities2.8 MNOK2.0 MNOK3.0 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 5538315.