Elite Bil AS
Score · fiscal year 2024
75of 100
How to read this: the company is ahead of 91 % of companies in the Morning class Medium in the same sector in 2024. What does this mean?
Rank in the Morning class Medium: 318 of 3,512 · What are Morning company classes?
Place in the whole sector: 1,953 of 22,205 · Handel
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 73 and solidity 76 out of 100 among companies in the Morning class Medium in the same sector in 2024. Methodology
Against the sector
Elite Bil AS is 25 points above the median for companies in the Morning class Medium in the same sector in 2024.
Median score 50 among 3,512 companies.
Against companies in the Morning class Medium in the same sector in 2024: operating margin 4.1% (median 2.9%) and equity ratio 50.0% (median 30.2%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 77 MNOK | 92 MNOK |
| Operating margin | 4.1% | 2.9% |
| Profit margin | 3.6% | 2.7% |
| Return on assets | 25.0% | 11.9% |
| Equity ratio | 50.0% | 30.2% |
| Debt-to-equity | 1.00 | 2.23 |
| Current ratio | 1.59 | 1.40 |
| Revenue growth | 24.7% | 5.1% |
| Revenue per employee | 6.43 MNOK | 4.92 MNOK |
The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 75, Elite Bil AS does better than 91% of companies in the Morning class Medium in the same sector (3,512 companies) in 2024.
Score 2023–2025
- Elite Bil AS
- Median: companies in the Morning class Medium in the same sector
What the numbers say
Elite Bil AS had an operating margin of 4.1% and an equity ratio of 50.0% in 2024, and ranks 1,953 of 22,205 in Handel.
From 2023 to 2024: the equity ratio rose from 33.2% to 50.0% and revenue grew by 25%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 7 MNOK and 20 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 21.2 | 16 MNOK |
| EV/EBIT | 16.6 | 20 MNOK |
| P/B | 2.2 | 7 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.
Financial costs were 6.9% of the debt in 2024. The policy rate averaged 4.50 % 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 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
What the score is made of
| Profitability | 73 | weight 30% |
|---|---|---|
| Solidity | 76 | weight 25% |
| Liquidity | 61 | weight 15% |
| Growth | 85 | weight 15% |
| Consistency | 80 | weight 15% |
Durability: 64 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Elite Bil AS?
The operating margin was 4.1% in 2024, against a median of 2.9% among companies in the Morning class Medium in the same sector. Return on assets was 25.0%.
How solid is Elite Bil AS?
The equity ratio was 50.0% in 2024 (median 30.2%). Debt-to-equity was 1.00 (median 2.23).
What is the liquidity of Elite Bil AS like?
The current ratio was 1.59 in 2024 (median 1.40).
How does Elite Bil AS compare in Handel?
Elite Bil AS ranks 1,953 of 22,205 in Handel for 2024. Among companies in the Morning class Medium it is number 318 of 3,512. Revenue changed by 24.7% from the year before.
From the Central Coordinating Register
- Org. no.
- 991977031
- Legal form
- AS
- Sector
- Handel (47.810)
- Morning company class
- Medium
- Employees
- 12 registered 10 September 2026
- Founded
- 10 November 2007 18 years in operation
- Share capital
- 0.10 MNOK
- Business address
- Storgata 79, 2830 RAUFOSS (VESTRE TOTEN)
- Municipality
- Vestre Toten rank 28–38 of 38 in KOSTRA group 7
- 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
- 1 (one owner)
- Largest owner
- 100.0%
- Split
- companies 100% · private persons 0% · foreign 0%
- Owned from the same municipality
- 100%
- Group chain
-
Owned by: Elite Bil Eiendom AS (100%)
Ultimate owner: private person
- Elite Bil Eiendom AS · 100.0%
Change 2007–2025:
100% of the shares changed owner (1 new and 4 departed owners). The majority owner changed.
New owners (companies): Elite Bil Eiendom AS
Holds shares in: Autogruppen Norge AS (1%)
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 29 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 54 | 75 | 71 | |
| Rank | 9,101 | 1,953 | 2,704 | |
| Operating margin | 2.7% | 4.1% | 3.4% | |
| Return on assets | 13.0% | 25.0% | 19.5% | |
| Equity ratio | 33.2% | 50.0% | 57.2% | |
| Current ratio | 1.34 | 1.59 | 1.86 | |
| Revenue growth | – | 24.7% | 8.9% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 61.9 MNOK | 77.2 MNOK | 84.0 MNOK |
| Operating profit | 1.7 MNOK | 3.2 MNOK | 2.9 MNOK |
| Profit before tax | 1.2 MNOK | 2.8 MNOK | 2.7 MNOK |
| Tax expense | 0.3 MNOK | 0.6 MNOK | 0.6 MNOK |
| Net profit | 0.9 MNOK | 2.2 MNOK | 2.1 MNOK |
| Financial expenses | 0.5 MNOK | 0.4 MNOK | 0.2 MNOK |
| Total assets | 12.9 MNOK | 12.9 MNOK | 15.0 MNOK |
| Current assets | 11.0 MNOK | 10.3 MNOK | 11.9 MNOK |
| Equity | 4.3 MNOK | 6.5 MNOK | 8.6 MNOK |
| Retained earnings | 4.1 MNOK | 6.2 MNOK | 8.3 MNOK |
| Total liabilities | 8.6 MNOK | 6.5 MNOK | 6.4 MNOK |
| Current liabilities | 8.2 MNOK | 6.5 MNOK | 6.4 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 5505411.
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