2Tal Elektro AS

Org. no. 985233632 · Lærdal · Founded 2002 · 12 employees

Score · fiscal year 2023

69of 100

How to read this: the company is ahead of 78 % of companies in the Morning class Small in the same sector in 2023. What does this mean?

Rank in the Morning class Small: 1,115 of 5,108 · What are Morning company classes?
Place in the whole sector: 4,056 of 18,347 · Bygg og anlegg

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 55 and solidity 77 out of 100 among companies in the Morning class Small in the same sector in 2023. Methodology

Against the sector

2Tal Elektro AS is 18 points above the median for companies in the Morning class Small in the same sector in 2023.

Median score 51 among 5,108 companies.

Against companies in the Morning class Small in the same sector in 2023: operating margin 5.4% (median 5.0%) and equity ratio 52.3% (median 34.1%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 29 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue28 MNOK19 MNOK
Operating margin 5.4% 5.0% 52 %
Profit margin 5.2% 4.7% shown, not part of the index
Return on assets 14.2% 11.6% 57 %
Equity ratio 52.3% 34.1% 78 %
Debt-to-equity 0.91 1.80 76 %
Current ratio 2.04 1.46 77 %
Revenue growth – 3.3% not compared
Revenue per employee2.31 MNOK1.66 MNOK

The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 69, 2Tal Elektro AS does better than 78% of companies in the Morning class Small in the same sector (5,108 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • 2Tal Elektro AS
  • Median: companies in the Morning class Small in the same sector
Analysis · 2023

What the numbers say

2Tal Elektro AS had an operating margin of 5.4% and an equity ratio of 52.3% in 2023, and ranks 4,056 of 18,347 in Bygg og anlegg.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 6 MNOK and 14 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 1.0 MNOK 10.0 10 MNOK
EV/EBIT Operating profit: 1.5 MNOK
minus net debt −2.4 MNOK
8.0 14 MNOK
P/B Equity: 5.6 MNOK 1.0 6 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

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 1.9% 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 · 2021

Scenario analysis: the sector's weakest year

We have no accounts for 2021, the sector's weakest year, for this company.

The sector's weakest year was 2021, with a median operating margin of 1.8%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability55 weight 30%
Solidity77 weight 25%
Liquidity77 weight 15%
Growth– no data, left out
Consistency76 weight 15%

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

2023

Questions and answers

How profitable is 2Tal Elektro AS?

The operating margin was 5.4% in 2023, against a median of 5.0% among companies in the Morning class Small in the same sector. Return on assets was 14.2%.

How solid is 2Tal Elektro AS?

The equity ratio was 52.3% in 2023 (median 34.1%). Debt-to-equity was 0.91 (median 1.80).

What is the liquidity of 2Tal Elektro AS like?

The current ratio was 2.04 in 2023 (median 1.46).

How does 2Tal Elektro AS compare in Bygg og anlegg?

2Tal Elektro AS ranks 4,056 of 18,347 in Bygg og anlegg for 2023. Among companies in the Morning class Small it is number 1,115 of 5,108.

From the Central Coordinating Register

Org. no.
985233632
Legal form
AS
Sector
Bygg og anlegg (43.210)
Morning company class
Small
Employees
12 registered 10 October 2026
Founded
13 December 2002 23 years in operation
Share capital
0.51 MNOK
Business address
Hansegardsvegen 1, 6887 LÆRDAL
Municipality
Lærdal rank 1 of 33 in KOSTRA group 5
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
Steinar Bjørkum
Chair of the board
Agnar Holen
Board member
Daniel Molde
Board member
Steinar Bjørkum
Auditor
Cedra Norge AS
Accountant
Økonomiservice 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.

Report an issue

Figures last fetched 29 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index695351
Rank4,0568,7739,693
Operating margin5.4%5.1%1.4%
Return on assets14.2%10.3%2.8%
Equity ratio52.3%47.1%53.1%
Current ratio2.041.832.04
Revenue growth–−15.4%−13.8%

Accounts

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

Key figure202320242025
Operating revenue27.7 MNOK23.4 MNOK20.2 MNOK
Operating profit1.5 MNOK1.2 MNOK0.3 MNOK
Profit before tax1.4 MNOK1.2 MNOK0.2 MNOK
Net profit1.0 MNOK0.9 MNOK0.1 MNOK
Financial expenses0.1 MNOK0.1 MNOK0.1 MNOK
Total assets10.7 MNOK11.8 MNOK10.7 MNOK
Current assets10.4 MNOK11.4 MNOK10.3 MNOK
Equity5.6 MNOK5.6 MNOK5.7 MNOK
Retained earnings4.9 MNOK4.9 MNOK5.0 MNOK
Total liabilities5.1 MNOK6.2 MNOK5.0 MNOK
Current liabilities5.1 MNOK6.2 MNOK5.0 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 5364987.