Exnor AS

Org. no. 985882398 · Malvik · Founded 2003

Score · fiscal year 2023

50of 100

How to read this: the company is ahead of 50 % of companies in the Morning class Small in the same sector in 2023. What does this mean?

Rank in the Morning class Small: 3,388 of 6,814 · What are Morning company classes?
Place in the whole sector: 10,467 of 21,201 · Handel

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 88 and solidity 26 out of 100 among companies in the Morning class Small in the same sector in 2023. Methodology

Against the sector

Exnor AS is at the median for companies in the Morning class Small in the same sector in 2023.

Median score 50 among 6,814 companies.

Against companies in the Morning class Small in the same sector in 2023: operating margin 12.7% (median 3.2%) and equity ratio 19.7% (median 36.2%).

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 revenue19 MNOK20 MNOK
Operating margin 12.7% 3.2% 89 %
Profit margin 11.6% 2.9% shown, not part of the index
Return on assets 29.4% 9.3% 88 %
Equity ratio 19.7% 36.2% 29 %
Debt-to-equity 4.07 1.55 23 %
Current ratio 1.24 1.71 27 %
Revenue growth – 4.2% not compared

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 50, Exnor AS does better than 50% of companies in the Morning class Small in the same sector (6,814 companies) in 2023.

Over time

Score 2023–2025

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

What the numbers say

Exnor AS had an operating margin of 12.7% and an equity ratio of 19.7% in 2023, and ranks 10,467 of 21,201 in Handel.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 2 MNOK and 22 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 1.8 MNOK 10.0 18 MNOK
EV/EBIT Operating profit: 2.5 MNOK
minus net debt −2.6 MNOK
8.0 22 MNOK
P/B Equity: 1.7 MNOK 1.0 2 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 3.7% 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 · 2022

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 1.5%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability88 weight 30%
Solidity26 weight 25%
Liquidity27 weight 15%
Growth– no data, left out
Consistency39 weight 15%

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

2023

Questions and answers

How profitable is Exnor AS?

The operating margin was 12.7% in 2023, against a median of 3.2% among companies in the Morning class Small in the same sector. Return on assets was 29.4%.

How solid is Exnor AS?

The equity ratio was 19.7% in 2023 (median 36.2%). Debt-to-equity was 4.07 (median 1.55).

What is the liquidity of Exnor AS like?

The current ratio was 1.24 in 2023 (median 1.71).

How does Exnor AS compare in Handel?

Exnor AS ranks 10,467 of 21,201 in Handel for 2023. Among companies in the Morning class Small it is number 3,388 of 6,814.

From the Central Coordinating Register

Org. no.
985882398
Legal form
AS
Sector
Handel (46.640)
Morning company class
Small
Employees
0–4 (not registered)
Founded
30 June 2003 23 years in operation
Share capital
0.10 MNOK
Business address
Leikvegen 7, 7550 HOMMELVIK (MALVIK)
Municipality
Malvik rank 13–22 of 38 in KOSTRA group 7
Latest accounts filed
2025
Website
www.exnor.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
Ole Marius Stenheim Øyen
Chair of the board
Jan Atle Øyen
Board member
Ole Marius Stenheim Øyen
Auditor
MAGNAR GRENDAL
Accountant
Din Regnskapslos 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.

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Figures last fetched 29 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index505763
Rank10,4678,0556,022
Operating margin12.7%13.4%10.4%
Return on assets29.4%45.5%28.6%
Equity ratio19.7%27.9%28.7%
Current ratio1.241.291.35
Revenue growth–−0.3%26.6%

Accounts

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

Key figure202320242025
Operating revenue19.4 MNOK19.4 MNOK24.5 MNOK
Operating profit2.5 MNOK2.6 MNOK2.5 MNOK
Profit before tax2.3 MNOK2.5 MNOK2.5 MNOK
Net profit1.8 MNOK2.0 MNOK2.0 MNOK
Financial expenses0.3 MNOK0.2 MNOK0.1 MNOK
Total assets8.5 MNOK5.9 MNOK9.1 MNOK
Current assets8.5 MNOK5.5 MNOK8.7 MNOK
Equity1.7 MNOK1.6 MNOK2.6 MNOK
Retained earnings1.6 MNOK1.5 MNOK2.5 MNOK
Total liabilities6.9 MNOK4.3 MNOK6.5 MNOK
Current liabilities6.8 MNOK4.2 MNOK6.4 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 4979675.

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