MK ILLUMINATION AS

Org. no. 991633413 · Oslo · Founded 2007 · 7 employees

Score · fiscal year 2025

76of 100

How to read this: the company is ahead of 94 % of companies in the Morning class Small in the same sector in 2025. What does this mean?

Rank in the Morning class Small: 470 of 7,421 · What are Morning company classes?
Place in the whole sector: 1,519 of 23,059 · Handel

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 78 and solidity 84 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology

Against the sector

MK ILLUMINATION AS is 25 points above the median for companies in the Morning class Small in the same sector in 2025.

Median score 51 among 7,421 companies.

Against companies in the Morning class Small in the same sector in 2025: operating margin 7.5% (median 3.4%) and equity ratio 68.6% (median 36.3%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 29 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue39 MNOK20 MNOK
Operating margin 7.5% 3.4% 74 %
Profit margin 7.5% 3.0% shown, not part of the index
Return on assets 25.0% 10.0% 81 %
Equity ratio 68.6% 36.3% 85 %
Debt-to-equity 0.46 1.52 84 %
Current ratio 3.18 1.73 81 %
Revenue growth 4.6% 5.7% 46 %
Revenue per employee5.61 MNOK2.08 MNOK

The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 76, MK ILLUMINATION AS does better than 94% of companies in the Morning class Small in the same sector (7,421 companies) in 2025.

Over time

Score 2024–2026

CompanyMedian0255075100202420252026
  • MK ILLUMINATION AS
  • Median: companies in the Morning class Small in the same sector
Summary analysis

MK ILLUMINATION AS has a score of 76 for 2025, rank 1,519 of 23,059 in the sector.

Strongest: Solidity: percentile 84 against peers, equity ratio 68.6% against a median of 36.3%. Consistency: percentile 83 against peers.

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

Analysis · 2025

What the numbers say

MK ILLUMINATION AS had an operating margin of 7.5% and an equity ratio of 68.6% in 2025, and ranks 1,519 of 23,059 in Handel.

From 2024 to 2025: the equity ratio rose from 57.3% to 68.6% and the operating margin rose from 4.1% to 7.5%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 9 MNOK and 28 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 2.3 MNOK 10.0 23 MNOK
EV/EBIT Operating profit: 2.9 MNOK
minus net debt −4.7 MNOK
8.0 28 MNOK
P/B Equity: 8.6 MNOK 1.0 9 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 · 2025

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 4.9% 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.

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 · 2025

What the score is made of

Profitability78 weight 30%
Solidity84 weight 25%
Liquidity81 weight 15%
Growth46 weight 15%
Consistency83 weight 15%

Durability: 72 (average over 2 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is MK ILLUMINATION AS?

The operating margin was 7.5% in 2025, against a median of 3.4% among companies in the Morning class Small in the same sector. Return on assets was 25.0%.

How solid is MK ILLUMINATION AS?

The equity ratio was 68.6% in 2025 (median 36.3%). Debt-to-equity was 0.46 (median 1.52).

What is the liquidity of MK ILLUMINATION AS like?

The current ratio was 3.18 in 2025 (median 1.73).

How does MK ILLUMINATION AS compare in Handel?

MK ILLUMINATION AS ranks 1,519 of 23,059 in Handel for 2025. Among companies in the Morning class Small it is number 470 of 7,421. Revenue changed by 4.6% from the year before.

From the Central Coordinating Register

Org. no.
991633413
Legal form
AS
Sector
Handel (46.470)
Morning company class
Small
Employees
7 registered 10 April 2026
Founded
26 July 2007 19 years in operation
Share capital
0.50 MNOK
Business address
Grenseveien 91, 0663 OSLO
Municipality
Oslo rank 63–220 of 357 in Norway
Latest accounts filed
2026
Website
www.mk-illumination.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
Lise-Lotte Christina Anderses Saetre
Chair of the board
Klaus Mark
Board member
Øyvind Saetre
Board member
Lise-Lotte Christina Anderses Saetre
Board member
Karl Johan Nicklas Johansson
Auditor
REVISORKONSULT AS
Accountant
LAENG BEDRIFTSERVICE 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 · 2024–2026

Key figure202420252026Trend
Index687665
Rank4,1381,51942
Operating margin4.1%7.5%3.3%
Return on assets11.4%25.0%12.0%
Equity ratio57.3%68.6%62.6%
Current ratio2.343.182.53
Revenue growth–4.6%0.5%

Accounts

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

Key figure202420252026
Operating revenue37.6 MNOK39.3 MNOK39.5 MNOK
Operating profit1.6 MNOK2.9 MNOK1.3 MNOK
Profit before tax1.3 MNOK2.9 MNOK1.3 MNOK
Net profit1.0 MNOK2.3 MNOK1.0 MNOK
Financial expenses0.4 MNOK0.2 MNOK0.2 MNOK
Total assets14.5 MNOK12.5 MNOK12.1 MNOK
Current assets14.3 MNOK12.4 MNOK11.5 MNOK
Equity8.3 MNOK8.6 MNOK7.6 MNOK
Retained earnings7.8 MNOK8.1 MNOK7.1 MNOK
Total liabilities6.2 MNOK3.9 MNOK4.5 MNOK
Current liabilities6.1 MNOK3.9 MNOK4.5 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 6318025.