MEDIA SYSTEM AS
Score · fiscal year 2024
68of 100
How to read this: the company is ahead of 82 % of companies in the Morning class Micro in the same sector in 2024. What does this mean?
Rank in the Morning class Micro: 2,043 of 11,149 · What are Morning company classes?
Place in the whole sector: 4,112 of 22,333 · Handel
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 84 and solidity 71 out of 100 among companies in the Morning class Micro in the same sector in 2024. Methodology
Against the sector
MEDIA SYSTEM AS is 18 points above the median for companies in the Morning class Micro in the same sector in 2024.
Median score 50 among 11,142 companies.
Against companies in the Morning class Micro in the same sector in 2024: operating margin 15.2% (median 2.3%) and equity ratio 60.6% (median 35.1%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 9 MNOK | 4 MNOK |
| Operating margin | 15.2% | 2.3% |
| Profit margin | 14.4% | 1.9% |
| Return on assets | 23.7% | 5.6% |
| Equity ratio | 60.6% | 35.1% |
| Debt-to-equity | 0.65 | 1.22 |
| Current ratio | 0.87 | 1.76 |
| Revenue growth | 20.7% | 2.8% |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 68, MEDIA SYSTEM AS does better than 82% of companies in the Morning class Micro in the same sector (11,149 companies) in 2024.
Score 2023–2025
- MEDIA SYSTEM AS
- Median: companies in the Morning class Micro in the same sector
What the numbers say
MEDIA SYSTEM AS had an operating margin of 15.2% and an equity ratio of 60.6% in 2024, and ranks 4,112 of 22,333 in Handel.
From 2023 to 2024: revenue grew by 21% and the operating margin rose from 12.1% to 15.2%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 4 MNOK and 12 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 10 MNOK |
| EV/EBIT | 8.0 | 12 MNOK |
| P/B | 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
Worth a closer look
- watch
Consider strengthening liquidity: current liabilities are 1.1 times current assets.
Based on: Current ratio 0.87 (median 1.76).
- watch
Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?
Based on: Revenue growth 20.7% (median 2.8%); Current ratio 0.87 (median 1.76).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 6.4% 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.
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 | 84 | weight 30% |
|---|---|---|
| Solidity | 71 | weight 25% |
| Liquidity | 16 | weight 15% |
| Growth | 76 | weight 15% |
| Consistency | 73 | weight 15% |
Durability: 68 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is MEDIA SYSTEM AS?
The operating margin was 15.2% in 2024, against a median of 2.3% among companies in the Morning class Micro in the same sector. Return on assets was 23.7%.
How solid is MEDIA SYSTEM AS?
The equity ratio was 60.6% in 2024 (median 35.1%). Debt-to-equity was 0.65 (median 1.22).
What is the liquidity of MEDIA SYSTEM AS like?
The current ratio was 0.87 in 2024 (median 1.76). Current assets did not cover current liabilities.
How does MEDIA SYSTEM AS compare in Handel?
MEDIA SYSTEM AS ranks 4,112 of 22,333 in Handel for 2024. Among companies in the Morning class Micro it is number 2,043 of 11,149. Revenue changed by 20.7% from the year before.
From the Central Coordinating Register
- Org. no.
- 968464515
- Legal form
- AS
- Sector
- Handel (46.500)
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 23 December 1993 32 years in operation
- Share capital
- 0.23 MNOK
- Business address
- Elveveien 52, 3262 LARVIK
- Municipality
- Larvik rank 4 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
- Jan Åge Andresen
- Chair of the board
- Jan Åge Andresen
- Deputy member
- Siv Walderhaug Andresen
- Auditor
- REVISJONSFIRMAET SCHUMACHER & HAMMER AS
- Accountant
- AKETO 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 | 68 | 68 | 76 | |
| Rank | 4,890 | 4,112 | 1,507 | |
| Operating margin | 12.1% | 15.2% | 13.3% | |
| Return on assets | 19.2% | 23.7% | 22.4% | |
| Equity ratio | 56.7% | 60.6% | 73.0% | |
| Current ratio | 1.48 | 0.87 | 1.49 | |
| Revenue growth | – | 20.7% | 15.5% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 7.6 MNOK | 9.2 MNOK | 10.6 MNOK |
| Operating profit | 0.9 MNOK | 1.4 MNOK | 1.4 MNOK |
| Profit before tax | 0.8 MNOK | 1.3 MNOK | 1.2 MNOK |
| Net profit | 0.6 MNOK | 1.0 MNOK | 0.9 MNOK |
| Financial expenses | 0.1 MNOK | 0.2 MNOK | 0.2 MNOK |
| Total assets | 4.8 MNOK | 6.2 MNOK | 6.3 MNOK |
| Current assets | 2.2 MNOK | 1.9 MNOK | 2.1 MNOK |
| Equity | 2.7 MNOK | 3.8 MNOK | 4.6 MNOK |
| Retained earnings | 2.5 MNOK | 3.5 MNOK | 4.4 MNOK |
| Total liabilities | 2.1 MNOK | 2.5 MNOK | 1.7 MNOK |
| Current liabilities | 1.5 MNOK | 2.1 MNOK | 1.4 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 6191015.
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