MØRE SVEISESENTER AS
Score · fiscal year 2023
37of 100
How to read this: the company is ahead of 31 % of companies in the Morning class Small in the same sector in 2023. What does this mean?
Rank in the Morning class Small: 4,722 of 6,814 · What are Morning company classes?
Place in the whole sector: 14,629 of 21,201 · Handel
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 24 out of 100 among companies in the Morning class Small in the same sector in 2023. Methodology
Against the sector
MØRE SVEISESENTER AS is 13 points below the median for companies in the Morning class Small in the same sector in 2023.
Median score 50 among 6,814 companies.
Against companies in the Morning class Small in the same sector in 2023: operating margin 3.3% (median 3.2%) and equity ratio 18.5% (median 36.2%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 22 MNOK | 20 MNOK |
| Operating margin | 3.3% | 3.2% |
| Profit margin | 1.6% | 2.9% |
| Return on assets | 7.8% | 9.3% |
| Equity ratio | 18.5% | 36.2% |
| Debt-to-equity | 4.40 | 1.55 |
| Current ratio | 1.37 | 1.71 |
| Revenue growth | – | 4.2% |
The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 37, MØRE SVEISESENTER AS does better than 31% of companies in the Morning class Small in the same sector (6,814 companies) in 2023.
Score 2023–2025
- MØRE SVEISESENTER AS
- Median: companies in the Morning class Small in the same sector
What the numbers say
MØRE SVEISESENTER AS had an operating margin of 3.3% and an equity ratio of 18.5% in 2023, and ranks 14,629 of 21,201 in Handel.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 2 MNOK and 5 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 3 MNOK |
| EV/EBIT | 8.0 | 5 MNOK |
| P/B | 1.0 | 2 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
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 5.0% 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.
See interest rates, prices and exchange rates for the sector
Data quality
No anomalies found in the figures.
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
What the score is made of
| Profitability | 48 | weight 30% |
|---|---|---|
| Solidity | 24 | weight 25% |
| Liquidity | 35 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 38 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is MØRE SVEISESENTER AS?
The operating margin was 3.3% in 2023, against a median of 3.2% among companies in the Morning class Small in the same sector. Return on assets was 7.8%.
How solid is MØRE SVEISESENTER AS?
The equity ratio was 18.5% in 2023 (median 36.2%). Debt-to-equity was 4.40 (median 1.55).
What is the liquidity of MØRE SVEISESENTER AS like?
The current ratio was 1.37 in 2023 (median 1.71).
How does MØRE SVEISESENTER AS compare in Handel?
MØRE SVEISESENTER AS ranks 14,629 of 21,201 in Handel for 2023. Among companies in the Morning class Small it is number 4,722 of 6,814.
From the Central Coordinating Register
- Org. no.
- 964375089
- Legal form
- AS
- Sector
- Handel (46.640)
- Morning company class
- Small
- Employees
- 0–4 (not registered)
- Founded
- 1 January 1992 34 years in operation
- Share capital
- 0.10 MNOK
- Business address
- Myrabakken Næringssenter, 6010 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
- Chief executive
- Claus Fredrik Urke
- Chair of the board
- Claus Fredrik Urke
- Deputy member
- Marianne Urke
- Auditor
- REVISOR NORDSTRAND 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.
Figures last fetched 28 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 37 | 46 | 44 | |
| Rank | 14,629 | 12,944 | 14,172 | |
| Operating margin | 3.3% | 6.5% | 7.0% | |
| Return on assets | 7.8% | 14.9% | 14.7% | |
| Equity ratio | 18.5% | 16.0% | 16.5% | |
| Current ratio | 1.37 | 1.35 | 1.34 | |
| Revenue growth | – | 4.2% | 1.6% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 22.2 MNOK | 23.1 MNOK | 23.5 MNOK |
| Operating profit | 0.7 MNOK | 1.5 MNOK | 1.6 MNOK |
| Profit before tax | 0.4 MNOK | 1.1 MNOK | 1.3 MNOK |
| Net profit | 0.3 MNOK | 0.8 MNOK | 1.0 MNOK |
| Financial expenses | 0.4 MNOK | 0.4 MNOK | 0.4 MNOK |
| Total assets | 9.7 MNOK | 10.3 MNOK | 11.3 MNOK |
| Current assets | 9.5 MNOK | 9.1 MNOK | 10.8 MNOK |
| Equity | 1.8 MNOK | 1.6 MNOK | 1.9 MNOK |
| Retained earnings | 1.7 MNOK | 1.5 MNOK | 1.8 MNOK |
| Total liabilities | 7.9 MNOK | 8.6 MNOK | 9.5 MNOK |
| Current liabilities | 7.0 MNOK | 6.7 MNOK | 8.1 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 5145615.
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