EINAR RØNNING AS

Org. no. 971002115 · Trondheim · Founded 1994

Score · fiscal year 2023

48of 100

How to read this: the company is ahead of 48 % of companies in the Morning class Micro in the same sector in 2023. What does this mean?

Rank in the Morning class Micro: 5,564 of 10,647 · What are Morning company classes?
Place in the whole sector: 11,088 of 21,201 · Handel

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 19 and solidity 66 out of 100 among companies in the Morning class Micro in the same sector in 2023. Methodology

Against the sector

EINAR RØNNING AS is 2 points below 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 −3.2% (median 2.6%) and equity ratio 56.1% (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 revenue9 MNOK4 MNOK
Operating margin −3.2% 2.6% 24 %
Profit margin −3.2% 2.1% shown, not part of the index
Return on assets −16.6% 5.8% 14 %
Equity ratio 56.1% 35.8% 69 %
Debt-to-equity 0.78 1.24 63 %
Current ratio 3.28 1.79 77 %
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 48, EINAR RØNNING AS does better than 48% of companies in the Morning class Micro in the same sector (10,647 companies) in 2023.

Over time

Score 2023–2025

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

What the numbers say

EINAR RØNNING AS had an operating margin of −3.2% and an equity ratio of 56.1% in 2023, and ranks 11,088 of 21,201 in Handel.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

One method gives a figure: 1 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −0.3 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −0.3 MNOK 8.0 not meaningful
P/B Equity: 1.0 MNOK 1.0 1 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

  • watch

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin −3.2% (median 2.1%).

  • watch

    The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?

    Based on: Operating margin −3.2% (median 2.6%).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 0.2% 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

Profitability19 weight 30%
Solidity66 weight 25%
Liquidity77 weight 15%
Growth– no data, left out
Consistency48 weight 15%

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

2023

Questions and answers

How profitable is EINAR RØNNING AS?

The operating margin was −3.2% in 2023, against a median of 2.6% among companies in the Morning class Micro in the same sector. Return on assets was −16.6%. The company made a loss before tax.

How solid is EINAR RØNNING AS?

The equity ratio was 56.1% in 2023 (median 35.8%). Debt-to-equity was 0.78 (median 1.24).

What is the liquidity of EINAR RØNNING AS like?

The current ratio was 3.28 in 2023 (median 1.79).

How does EINAR RØNNING AS compare in Handel?

EINAR RØNNING AS ranks 11,088 of 21,201 in Handel for 2023. Among companies in the Morning class Micro it is number 5,564 of 10,647.

From the Central Coordinating Register

Org. no.
971002115
Legal form
AS
Sector
Handel (47.559)
Morning company class
Micro
Employees
0–4 (not registered)
Founded
5 January 1994 32 years in operation
Share capital
0.60 MNOK
Business address
Haakon VII's gate 13, 7041 TRONDHEIM
Municipality
Trondheim rank 3 of 11 in KOSTRA group 12
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
Ingvild Høiseth
Chair of the board
Espen Brandslet
Board member
Ingvild Høiseth
Auditor
BDO AS
Accountant
NAVARHAUGEN KONSULENTTJENESTER 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?

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Figures last fetched 28 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index482555
Rank11,08819,4359,592
Operating margin−3.2%−7.6%5.0%
Return on assets−16.6%−28.5%17.1%
Equity ratio56.1%14.0%26.9%
Current ratio3.282.182.69
Revenue growth–−5.6%13.7%

Accounts

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

Key figure202320242025
Operating revenue9.0 MNOK8.5 MNOK9.7 MNOK
Operating profit−0.3 MNOK−0.6 MNOK0.5 MNOK
Profit before tax−0.3 MNOK−0.6 MNOK0.5 MNOK
Net profit−0.3 MNOK−0.6 MNOK0.4 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets1.7 MNOK2.3 MNOK2.8 MNOK
Current assets1.7 MNOK2.3 MNOK2.5 MNOK
Equity1.0 MNOK0.3 MNOK0.8 MNOK
Retained earnings0.4 MNOK−0.3 MNOK0.2 MNOK
Total liabilities0.8 MNOK2.0 MNOK2.1 MNOK
Current liabilities0.5 MNOK1.0 MNOK0.9 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 4596417.

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