Elkonor AS
Score · fiscal year 2025
39of 100
How to read this: the company is ahead of 23 % of companies in the Morning class Medium in the same sector in 2025. What does this mean?
Rank in the Morning class Medium: 141 of 182 · What are Morning company classes?
Place in the whole sector: 1,695 of 2,286 · Revisjon, regnskap og rådgivning
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 15 and solidity 40 out of 100 among companies in the Morning class Medium in the same sector in 2025. Methodology
Against the sector
Elkonor AS is 10 points below the median for companies in the Morning class Medium in the same sector in 2025.
Median score 49 among 182 companies.
Against companies in the Morning class Medium in the same sector in 2025: operating margin 0.4% (median 10.2%) and equity ratio 18.8% (median 27.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 95 MNOK | 80 MNOK |
| Operating margin | 0.4% | 10.2% |
| Profit margin | 1.5% | 10.4% |
| Return on assets | 1.8% | 24.8% |
| Equity ratio | 18.8% | 27.9% |
| Debt-to-equity | 4.32 | 2.57 |
| Current ratio | 1.23 | 1.15 |
| Revenue growth | 4.9% | 7.5% |
| Revenue per employee | 10.59 MNOK | 2.15 MNOK |
The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 39, Elkonor AS does better than 23% of companies in the Morning class Medium in the same sector (182 companies) in 2025.
Score 2023–2025
- Elkonor AS
- Median: companies in the Morning class Medium in the same sector
Elkonor AS has a score of 39 for 2025, rank 1,695 of 2,286 in the sector.
Strongest: Consistency: percentile 71 against peers.
Weakest: Profitability: percentile 15 against peers, operating margin 0.4% against a median of 10.2%. Growth: percentile 39 against peers, revenue growth 4.9% against a median of 7.5%.
Worth a closer look
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin 0.4% (median 10.2%).
- What lies behind weak profitability, and will it last?
- What lies behind weak growth, and will it last?
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
Elkonor AS had an operating margin of 0.4% and an equity ratio of 18.8% in 2025, and ranks 1,695 of 2,286 in Revisjon, regnskap og rådgivning.
No large changes in the key figures from 2024 to 2025.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 12 MNOK and 32 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 22.4 | 12 MNOK |
| EV/EBIT | 17.4 | 32 MNOK |
| P/B | 4.1 | 30 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
- 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 0.4% (median 10.2%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.0% of the debt in 2025. The policy rate averaged 4.30 % 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 2026, the sector's weakest year, for this company.
The sector's weakest year was 2026, with a median operating margin of 5.4%. Based on the 7 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 15 | weight 30% |
|---|---|---|
| Solidity | 40 | weight 25% |
| Liquidity | 55 | weight 15% |
| Growth | 39 | weight 15% |
| Consistency | 71 | weight 15% |
Durability: 36 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Elkonor AS?
The operating margin was 0.4% in 2025, against a median of 10.2% among companies in the Morning class Medium in the same sector. Return on assets was 1.8%.
How solid is Elkonor AS?
The equity ratio was 18.8% in 2025 (median 27.9%). Debt-to-equity was 4.32 (median 2.57).
What is the liquidity of Elkonor AS like?
The current ratio was 1.23 in 2025 (median 1.15).
How does Elkonor AS compare in Revisjon, regnskap og rådgivning?
Elkonor AS ranks 1,695 of 2,286 in Revisjon, regnskap og rådgivning for 2025. Among companies in the Morning class Medium it is number 141 of 182. Revenue changed by 4.9% from the year before.
From the Central Coordinating Register
- Org. no.
- 984058527
- Legal form
- AS
- Sector
- Revisjon, regnskap og rådgivning (70.200)
- Morning company class
- Medium
- Employees
- 9 registered 10 September 2026
- Founded
- 5 November 2001 25 years in operation
- Share capital
- 1.96 MNOK
- Business address
- Sandstuveien 70, 0680 OSLO
- Municipality
- Oslo rank 63–220 of 357 in Norway
- Latest accounts filed
- 2025
- Website
- www.elkonor.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
Loading roles …
Source: Central Coordinating Register, fetched 1 November 2026. Only names are shown.
Shareholders (2025)
- Number of shareholders
- 182
- Largest owner
- 7.7% · top three 8.7%
- Split
- companies 99% · private persons 1% · foreign 0%
- Owned from the same municipality
- 15%
- Elkonor AS · 7.7%
- ELEKTRO 12:24 AS · 0.5%
- Ren Røros El-Service AS · 0.5%
- Persson Elektro AS · 0.5%
- A Skare AS · 0.5%
- Askøy-Bergen Elektro AS · 0.5%
- Myhre Elektro AS · 0.5%
- Hisøy Elektro AS · 0.5%
- Kvassheim Elektriske AS · 0.5%
- Stokkeland Elektro AS · 0.5%
- 2 private persons · 1.0%
Change 2007–2025:
79% of the shares changed owner (147 new and 43 departed owners).
New owners (companies): 3Elektro AS, A Skare AS, Active Elektro AS, Adr Elektro AS, AF Elkraft AS
Departed (companies): Acta Elektro AS, Arne Byberg AS, ARNEBERG & Lund Elektro AS, At-Engenes Elektro AS, Averøy Elpro AS
Holds shares in: Elkonor AS (8%)
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 6 November 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 36 | 34 | 39 | |
| Rank | 1,647 | 1,846 | 1,695 | |
| Operating margin | 0.8% | 1.3% | 0.4% | |
| Return on assets | 2.2% | 2.7% | 1.8% | |
| Equity ratio | 18.0% | 19.3% | 18.8% | |
| Current ratio | 1.19 | 1.24 | 1.23 | |
| Revenue growth | – | −36.2% | 4.9% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 142.4 MNOK | 90.9 MNOK | 95.4 MNOK |
| Operating profit | 1.1 MNOK | 1.2 MNOK | 0.4 MNOK |
| Profit before tax | 1.5 MNOK | 1.9 MNOK | 1.4 MNOK |
| Tax expense | 0.5 MNOK | 0.6 MNOK | 0.5 MNOK |
| Net profit | 1.0 MNOK | 1.3 MNOK | 0.9 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 69.8 MNOK | 71.7 MNOK | 78.2 MNOK |
| Current assets | 67.9 MNOK | 71.6 MNOK | 78.2 MNOK |
| Equity | 12.6 MNOK | 13.8 MNOK | 14.7 MNOK |
| Retained earnings | 10.7 MNOK | 12.0 MNOK | 12.9 MNOK |
| Total liabilities | 57.2 MNOK | 57.9 MNOK | 63.5 MNOK |
| Current liabilities | 57.2 MNOK | 57.9 MNOK | 63.5 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 6 November 2026, accounts id 7125257.
Further
Similar companies
- Sparebank 1 Regnskapshuset Nord-Norge AS index 39, rank 1,683 · compare
- ERNST & Young Compliance Services AS index 39, rank 1,689 · compare
- Habberstad AS index 39, rank 1,693 · compare
- Erga Revisjon AS index 39, rank 1,694 · compare
- Optio Incentives AS index 39, rank 1,704 · compare