POWER NORGE AS
Score · fiscal year 2023
37of 100
How to read this: the company is ahead of 26 % of large companies in the same sector in 2023. What does this mean?
Rank: 24,129 of 34,736 · Handel
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 33 and solidity 50 out of 100 among large companies in the same sector in 2023. Methodology
Against the sector
POWER NORGE AS is 10 points below the median for large companies in the same sector in 2023.
Median score 47 among 301 companies.
Against large companies in the same sector in 2023: operating margin 1.0% (median 2.0%) and equity ratio 31.8% (median 31.0%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 6,904 MNOK | 2,149 MNOK |
| Operating margin | 1.0% | 2.0% |
| Profit margin | 0.9% | 2.0% |
| Return on assets | 5.7% | 8.5% |
| Equity ratio | 31.8% | 31.0% |
| Debt-to-equity | 2.15 | 2.15 |
| Current ratio | 1.24 | 1.24 |
| Revenue growth | – | 2.3% |
| Revenue per employee | 3.38 MNOK | 13.74 MNOK |
The median and “ahead of” refer to large companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 37, POWER NORGE AS does better than 26% of large companies in the same sector (301 companies) in 2023.
Score 2023–2025
- POWER NORGE AS
- Median: large companies in the same sector
What the numbers say
POWER NORGE AS had an operating margin of 1.0% and an equity ratio of 31.8% in 2023, and ranks 24,129 of 34,736 in Handel.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 400 MNOK and 570 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 482 MNOK |
| EV/EBIT | 8.0 | 570 MNOK |
| P/B | 1.0 | 400 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 1.2% 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.
Data quality
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
We have no accounts for 2017, the sector's weakest year, for this company.
The sector's weakest year was 2017, with a median operating margin of −65.6%. 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 | 33 | weight 30% |
|---|---|---|
| Solidity | 50 | weight 25% |
| Liquidity | 51 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 12 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is POWER NORGE AS?
The operating margin was 1.0% in 2023, against a median of 2.0% among large companies in the same sector. Return on assets was 5.7%.
How solid is POWER NORGE AS?
The equity ratio was 31.8% in 2023 (median 31.0%). Debt-to-equity was 2.15 (median 2.15).
What is the liquidity of POWER NORGE AS like?
The current ratio was 1.24 in 2023 (median 1.24).
How does POWER NORGE AS compare in Handel?
POWER NORGE AS ranks 24,129 of 34,736 in Handel for 2023. Among companies of the same size (large companies) it ranks 224 of 301.
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.
Public contracts
- Contracts awarded since 2024
- 9
- in 7 notices (lots counted separately)
- Total awarded value since 2024
- 0.0 MNOK
- 1 contracts without a stated value are not in the total.
- Framework agreements
- 7
- Left out of the total: the value is a ceiling, not actual spend.
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 26 October 2026 | Barne-, Ungdoms- Og Familiedirektoratet | Rammeavtale for hvitevarer, brunevarer og elektriske artikler | value not stated |
| 11 September 2026 | Gjøvik Kommune | Hvitevarer, TV-er og forbrukerelektronikk/småelektronikk, rammeavtale | 0.0 MNOK |
| 30 June 2026 | DRAMMEN KOMMUNE | Hvitevarer, brunevarer og småelektriske artikler - Rammeavtale | 20.0 MNOK (framework) |
| 14 October 2025 | NORDRE FOLLO KOMMUNE | Hvitevarer og småelektrisk | 15.0 MNOK (framework) |
| 5 September 2025 | FORSVARSMATERIELL | Anskaffelse av rammeavtale lyd, bilde og hvitevarer | 220.0 MNOK (framework) |
| 3 September 2025 | Viken Vest Innkjøpssamarbeid (VVI) | (2024/6394) Nye og brukte småelektriske produkter samt hvitevarer, rammeavtale | 0.0 MNOK (framework) (3 lots) |
| 28 August 2024 | Statens vegvesen | Rammeavtale for kjøp av hvitevarer og småelektronikk | 3.5 MNOK (framework) |
| 20 February 2023 | Lørenskog kommune | Elektriske artikler: Hvitevarer, lyd & bilde og småelektrisk | 8.0 MNOK |
| 1 January 2023 | Barne-, ungdoms- og familiedirektoratet | Rammeavtale for kjøp av elektiske artikler | 30.0 MNOK (framework) |
Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.
Source: Doffin (DFØ), fetched 30 October 2026. Winners are matched on organisation number.
Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0
From the Central Coordinating Register
- Org. no.
- 977047838
- Legal form
- AS · part of a group
- Sector
- Handel (47.540)
- Size tier
- large
- Employees
- 2,043 registered 10 October 2026
- Founded
- 9 December 1996 29 years in operation
- Share capital
- 60.00 MNOK
- Business address
- Solheimveien 6, 1461 LØRENSKOG
- Municipality
- Lørenskog rank 1–10 of 13 in KOSTRA group 10
- Latest accounts filed
- 2025
- Website
- power.no
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
- Anders Nilsen
- Chair of the board
- Ronny Blomseth
- Board member
- Øyvind Flygind
- Board member
- Tone Laila Matssen
- Auditor
- KPMG 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 | 47 | 47 | |
| Rank | 24,129 | 20,737 | 21,570 | |
| Operating margin | 1.0% | 2.0% | 1.9% | |
| Return on assets | 5.7% | 10.6% | 9.9% | |
| Equity ratio | 31.8% | 27.9% | 23.3% | |
| Current ratio | 1.24 | 1.21 | 1.17 | |
| Revenue growth | – | 5.9% | 14.3% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 6,904.2 MNOK | 7,308.5 MNOK | 8,350.4 MNOK |
| Operating profit | 70.0 MNOK | 148.3 MNOK | 160.3 MNOK |
| Profit before tax | 62.3 MNOK | 144.3 MNOK | 167.1 MNOK |
| Net profit | 48.2 MNOK | 114.2 MNOK | 128.0 MNOK |
| Financial expenses | 10.0 MNOK | 7.7 MNOK | 2.8 MNOK |
| Total assets | 1,258.4 MNOK | 1,432.1 MNOK | 1,719.5 MNOK |
| Current assets | 1,062.9 MNOK | 1,250.4 MNOK | 1,542.3 MNOK |
| Equity | 399.8 MNOK | 400.0 MNOK | 400.0 MNOK |
| Retained earnings | −0.2 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total liabilities | 858.6 MNOK | 1,032.1 MNOK | 1,319.5 MNOK |
| Current liabilities | 858.6 MNOK | 1,032.1 MNOK | 1,319.5 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 5175065.
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