Akershus Miljøkraft AS
Score · fiscal year 2025
63of 100
How to read this: the company is ahead of 75 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?
Rank in the Morning class Micro: 112 of 438 · What are Morning company classes?
Place in the whole sector: 197 of 884 · Kraft og energi
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 50 and solidity 69 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology
Against the sector
Akershus Miljøkraft AS is 13 points above the median for companies in the Morning class Micro in the same sector in 2025.
Median score 50 among 438 companies.
Against companies in the Morning class Micro in the same sector in 2025: operating margin 9.9% (median 17.2%) and equity ratio 59.9% (median 38.0%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 1 MNOK | 3 MNOK |
| Operating margin | 9.9% | 17.2% |
| Profit margin | 19.2% | 2.3% |
| Return on assets | 5.0% | 3.8% |
| Equity ratio | 59.9% | 38.0% |
| Debt-to-equity | 0.59 | 1.41 |
| Current ratio | 2.58 | 1.98 |
| Revenue growth | 40.5% | 1.9% |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 63, Akershus Miljøkraft AS does better than 75% of companies in the Morning class Micro in the same sector (438 companies) in 2025.
Score 2023–2025
- Akershus Miljøkraft AS
- Median: companies in the Morning class Micro in the same sector
Akershus Miljøkraft AS has a score of 63 for 2025, rank 197 of 884 in the sector.
Strongest: Growth: percentile 85 against peers, revenue growth 40.5% against a median of 1.9%. Solidity: percentile 69 against peers, equity ratio 59.9% against a median of 38.0%.
No area is clearly below its peers.
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
Akershus Miljøkraft AS had an operating margin of 9.9% and an equity ratio of 59.9% in 2025, and ranks 197 of 884 in Kraft og energi.
From 2024 to 2025: the operating margin rose from 1.7% to 9.9% and revenue grew by 40%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 2 MNOK and 4 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 14.0 | 3 MNOK |
| EV/EBIT | 13.3 | 4 MNOK |
| P/B | 1.5 | 2 MNOK |
The listed basis is the value at listed multiples. The estimate is lowered by 51% for an unlisted company: 20% for lack of marketability and 38% for size (a small-company premium of 4% on the cost of equity).
A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. 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.
See interest rates, prices and exchange rates for the sector
Data quality
- watch Balance sheet does not balance (assets ≠ equity + liabilities)
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 3.3%. 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 | 50 | weight 30% |
|---|---|---|
| Solidity | 69 | weight 25% |
| Liquidity | 61 | weight 15% |
| Growth | 85 | weight 15% |
| Consistency | 58 | weight 15% |
Durability: 71 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Akershus Miljøkraft AS?
The operating margin was 9.9% in 2025, against a median of 17.2% among companies in the Morning class Micro in the same sector. Return on assets was 5.0%.
How solid is Akershus Miljøkraft AS?
The equity ratio was 59.9% in 2025 (median 38.0%). Debt-to-equity was 0.59 (median 1.41).
What is the liquidity of Akershus Miljøkraft AS like?
The current ratio was 2.58 in 2025 (median 1.98).
How does Akershus Miljøkraft AS compare in Kraft og energi?
Akershus Miljøkraft AS ranks 197 of 884 in Kraft og energi for 2025. Among companies in the Morning class Micro it is number 112 of 438. Revenue changed by 40.5% from the year before.
From the Central Coordinating Register
- Org. no.
- 982910013
- Legal form
- AS
- Sector
- Kraft og energi (35.121)
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 21 December 2000 25 years in operation
- Share capital
- 0.10 MNOK
- Business address
- Nannestadvegen 214, 2030 NANNESTAD
- Municipality
- Nannestad rank 17–38 of 38 in KOSTRA group 7
- Audit
- Audit opted out from 30 March 2017
- 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
Loading roles …
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
Shareholders (2025)
- Number of shareholders
- 3
- Largest owner
- 45.0%
- Split
- companies 38% · private persons 62% · foreign 0%
- Owned from the same municipality
- 38%
- Felleskraft AS · 38.0%
- 2 private persons · 62.0%
Change 2007–2025:
50% of the shares changed owner (1 new and 1 departed owners).
New owners (companies): Felleskraft AS
Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.
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 | 78 | – | 63 | |
| Rank | 61 | – | 197 | |
| Operating margin | 62.9% | 1.7% | 9.9% | |
| Return on assets | 26.0% | 3.1% | 5.0% | |
| Equity ratio | 58.8% | 79.2% | 59.9% | |
| Current ratio | 2.14 | 4.27 | 2.58 | |
| Revenue growth | – | −46.6% | 40.5% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 1.6 MNOK | 0.8 MNOK | 1.2 MNOK |
| Operating profit | 1.0 MNOK | 0.0 MNOK | 0.1 MNOK |
| Profit before tax | 1.1 MNOK | 0.1 MNOK | 0.2 MNOK |
| Tax expense | 0.2 MNOK | 0.0 MNOK | 0.0 MNOK |
| Net profit | 0.8 MNOK | 0.1 MNOK | 0.2 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | – |
| Total assets | 4.1 MNOK | 3.9 MNOK | 4.6 MNOK |
| Current assets | 3.6 MNOK | 3.5 MNOK | 4.1 MNOK |
| Equity | 2.4 MNOK | 3.1 MNOK | 2.7 MNOK |
| Retained earnings | 2.3 MNOK | 3.0 MNOK | 2.6 MNOK |
| Total liabilities | 1.7 MNOK | 0.8 MNOK | 1.6 MNOK |
| Current liabilities | 1.7 MNOK | 0.8 MNOK | 1.6 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 7176095.
Further
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