Midt Energi AS
Score · fiscal year 2024
49of 100
How to read this: the company is ahead of 43 % of companies in the Morning class Medium in the same sector in 2024. What does this mean?
Rank in the Morning class Medium: 110 of 193 · What are Morning company classes?
Place in the whole sector: 462 of 837 · Kraft og energi
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 11 and solidity 93 out of 100 among companies in the Morning class Medium in the same sector in 2024. Methodology
Against the sector
Midt Energi AS is 2 points below the median for companies in the Morning class Medium in the same sector in 2024.
Median score 51 among 193 companies.
Against companies in the Morning class Medium in the same sector in 2024: operating margin −10.2% (median 14.1%) and equity ratio 80.4% (median 43.5%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 70 MNOK | 126 MNOK |
| Operating margin | −10.2% | 14.1% |
| Profit margin | −6.0% | 11.5% |
| Return on assets | −3.0% | 5.9% |
| Equity ratio | 80.4% | 43.5% |
| Debt-to-equity | 0.24 | 1.27 |
| Current ratio | 1.71 | 1.16 |
| Revenue growth | −23.3% | −5.5% |
| Revenue per employee | 6.99 MNOK | 4.87 MNOK |
The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 49, Midt Energi AS does better than 43% of companies in the Morning class Medium in the same sector (193 companies) in 2024.
Score 2023–2025
- Midt Energi AS
- Median: companies in the Morning class Medium in the same sector
What the numbers say
Midt Energi AS had an operating margin of −10.2% and an equity ratio of 80.4% in 2024, and ranks 462 of 837 in Kraft og energi.
From 2023 to 2024: the operating margin fell from −2.5% to −10.2% and revenue fell by 23%.
Midt Energi AS did weaker than the sector in 2025, the sector's weakest year.
This text is generated automatically from the 2024 accounts.
Three simple methods
One method gives a figure: 93 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 93 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
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −6.0% (median 11.5%).
- 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 −10.2% (median 14.1%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 3.4% 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
The operating margin was −13.5% in 2025 (sector median 16.1%), and the equity ratio 79.9%. The company had a loss before tax that year. In the other years the operating margin averaged −6.4%.
The sector's weakest year was 2025, with a median operating margin of 16.1%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 11 | weight 30% |
|---|---|---|
| Solidity | 93 | weight 25% |
| Liquidity | 67 | weight 15% |
| Growth | 24 | weight 15% |
| Consistency | 58 | weight 15% |
Durability: 57 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Midt Energi AS?
The operating margin was −10.2% in 2024, against a median of 14.1% among companies in the Morning class Medium in the same sector. Return on assets was −3.0%. The company made a loss before tax.
How solid is Midt Energi AS?
The equity ratio was 80.4% in 2024 (median 43.5%). Debt-to-equity was 0.24 (median 1.27).
What is the liquidity of Midt Energi AS like?
The current ratio was 1.71 in 2024 (median 1.16).
How does Midt Energi AS compare in Kraft og energi?
Midt Energi AS ranks 462 of 837 in Kraft og energi for 2024. Among companies in the Morning class Medium it is number 110 of 193. Revenue changed by −23.3% from the year before.
Group accounts · 2024
53 of 100
Rank 27 of 63 groups in the Morning class Medium in Kraft og energi. Groups are ranked only against other groups in the same sector and class, never against single companies.
- Operating revenue, group
- 100 MNOK
- Operating profit, group
- −6 MNOK
- Profit before tax, group
- −5 MNOK
- Total assets, group
- 115 MNOK
- Equity, group
- 94 MNOK
| Key figure | The group | The company alone (2024) |
|---|---|---|
| Operating margin | −5.6% | −10.2% |
| Return on assets | −4.1% | −3.0% |
| Equity ratio | 81.7% | 80.4% |
| Current ratio | 2.25 | 1.71 |
| Revenue growth | −17.0% | −23.3% |
Group index in earlier years: 2023: 66 (8 of 64).
Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.
Source: Brønnøysund Register Centre, group accounts 2024 (open data, NLOD 2.0).
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 977205719
- Legal form
- AS
- Sector
- Kraft og energi (35.121)
- Morning company class
- Medium
- Employees
- 10 registered 10 July 2026
- Founded
- 16 December 1996 29 years in operation
- Share capital
- 3.73 MNOK
- Business address
- Kirkvollveien 1, 7290 STØREN (MIDTRE GAULDAL)
- Municipality
- Midtre Gauldal rank 15–34 of 40 in KOSTRA group 1
- Latest accounts filed
- 2025
- Website
- www.midtenergi.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
- Ragnhild Gurine Åsrønning
- Chair of the board
- Snorre Glørstad
- Board member
- Lana Krehic
- Board member
- Øystein Digre
- Board member
- Harald Moen
- Board member
- Lillian Strand
- Deputy member
- Bård Olav Vagnild
- Deputy member
- Linn Bøhle
- Deputy member
- Kari Anne Aas
- Auditor
- E.K. Revisjon 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 | 64 | 49 | 45 | |
| Rank | 190 | 462 | 523 | |
| Operating margin | −2.5% | −10.2% | −13.5% | |
| Return on assets | −0.3% | −3.0% | −7.0% | |
| Equity ratio | 77.2% | 80.4% | 79.9% | |
| Current ratio | 1.68 | 1.71 | 1.31 | |
| Revenue growth | – | −23.3% | −12.1% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 91.0 MNOK | 69.9 MNOK | 61.4 MNOK |
| Operating profit | −2.3 MNOK | −7.1 MNOK | −8.3 MNOK |
| Profit before tax | −1.1 MNOK | −4.2 MNOK | −7.6 MNOK |
| Net profit | −0.9 MNOK | −2.9 MNOK | −11.7 MNOK |
| Financial expenses | 0.7 MNOK | 0.8 MNOK | 0.7 MNOK |
| Total assets | 126.2 MNOK | 115.0 MNOK | 98.7 MNOK |
| Current assets | 37.3 MNOK | 30.1 MNOK | 21.8 MNOK |
| Equity | 97.5 MNOK | 92.5 MNOK | 78.8 MNOK |
| Retained earnings | 91.0 MNOK | 86.1 MNOK | 72.4 MNOK |
| Total liabilities | 28.7 MNOK | 22.5 MNOK | 19.9 MNOK |
| Current liabilities | 22.2 MNOK | 17.6 MNOK | 16.6 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 6291393.
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