LARS ELNES RØRLEGGERFORRETNING AS

Org. no. 992979003 · HOLMESTRAND · Founded 2008

Score · fiscal year 2025

81of 100

How to read this: the company is ahead of 97 % of companies in the Morning class Small in the same sector in 2025. What does this mean?

Rank in the Morning class Small: 160 of 5,567 · What are Morning company classes?
Place in the whole sector: 644 of 20,439 · Bygg og anlegg

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 81 and solidity 91 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology

Against the sector

LARS ELNES RØRLEGGERFORRETNING AS is 30 points above the median for companies in the Morning class Small in the same sector in 2025.

Median score 51 among 5,567 companies.

Against companies in the Morning class Small in the same sector in 2025: operating margin 13.7% (median 4.5%) and equity ratio 69.3% (median 34.2%).

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 revenue11 MNOK19 MNOK
Operating margin 13.7% 4.5% 87 %
Profit margin 14.0% 4.3% shown, not part of the index
Return on assets 21.7% 11.0% 75 %
Equity ratio 69.3% 34.2% 92 %
Debt-to-equity 0.44 1.72 91 %
Current ratio 2.38 1.48 83 %
Revenue growth 15.6% 6.0% 65 %

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 81, LARS ELNES RØRLEGGERFORRETNING AS does better than 97% of companies in the Morning class Small in the same sector (5,567 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • LARS ELNES RØRLEGGERFORRETNING AS
  • Median: companies in the Morning class Small in the same sector
Summary analysis

LARS ELNES RØRLEGGERFORRETNING AS has a score of 81 for 2025, rank 644 of 20,439 in the sector.

Strongest: Solidity: percentile 91 against peers, equity ratio 69.3% against a median of 34.2%. Liquidity: percentile 83 against peers, current ratio 2.38 against a median of 1.48.

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

LARS ELNES RØRLEGGERFORRETNING AS had an operating margin of 13.7% and an equity ratio of 69.3% in 2025, and ranks 644 of 20,439 in Bygg og anlegg.

From 2024 to 2025: the operating margin rose from 9.5% to 13.7% and revenue grew by 16%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 5 MNOK and 13 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 1.2 MNOK 10.0 12 MNOK
EV/EBIT Operating profit: 1.5 MNOK
minus net debt −1.4 MNOK
8.0 13 MNOK
P/B Equity: 4.8 MNOK 1.0 5 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

  • positive

    Upper quartile on profitability, solidity and liquidity. What sets this company apart from the rest of the sector?

    Based on: Operating margin 13.7% (median 4.5%); Equity ratio 69.3% (median 34.2%); Current ratio 2.38 (median 1.48).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 0.1% 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.

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 · 2025

What the score is made of

Profitability81 weight 30%
Solidity91 weight 25%
Liquidity83 weight 15%
Growth65 weight 15%
Consistency75 weight 15%

Durability: 78 (average over 3 years)

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

2025

Questions and answers

How profitable is LARS ELNES RØRLEGGERFORRETNING AS?

The operating margin was 13.7% in 2025, against a median of 4.5% among companies in the Morning class Small in the same sector. Return on assets was 21.7%.

How solid is LARS ELNES RØRLEGGERFORRETNING AS?

The equity ratio was 69.3% in 2025 (median 34.2%). Debt-to-equity was 0.44 (median 1.72).

What is the liquidity of LARS ELNES RØRLEGGERFORRETNING AS like?

The current ratio was 2.38 in 2025 (median 1.48).

How does LARS ELNES RØRLEGGERFORRETNING AS compare in Bygg og anlegg?

LARS ELNES RØRLEGGERFORRETNING AS ranks 644 of 20,439 in Bygg og anlegg for 2025. Among companies in the Morning class Small it is number 160 of 5,567. Revenue changed by 15.6% from the year before.

From the Central Coordinating Register

Org. no.
992979003
Legal form
AS
Sector
Bygg og anlegg (43.221)
Morning company class
Small
Employees
0–4 (not registered)
Founded
1 June 2008 18 years in operation
Share capital
0.10 MNOK
Business address
Kattholmveien 38, 3090 HOF (HOLMESTRAND)
Municipality
Holmestrand rank 7–14 of 27 in KOSTRA group 9
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
Lars Elnes
Chair of the board
Lars Elnes
Deputy member
Anita Oord Elnes
Auditor
RE REVISJON AS
Accountant
SAGA REGNSKAP OG RÅDGIVNING 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
Index846981
Rank1,0203,095644
Operating margin14.6%9.5%13.7%
Return on assets28.3%16.9%21.7%
Equity ratio61.3%70.8%69.3%
Current ratio1.802.362.38
Revenue growth–−14.7%15.6%

Accounts

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

Key figure202320242025
Operating revenue10.8 MNOK9.2 MNOK10.7 MNOK
Operating profit1.6 MNOK0.9 MNOK1.5 MNOK
Profit before tax1.7 MNOK1.0 MNOK1.5 MNOK
Net profit1.3 MNOK0.8 MNOK1.2 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets5.9 MNOK5.8 MNOK6.9 MNOK
Current assets4.1 MNOK3.9 MNOK5.0 MNOK
Equity3.6 MNOK4.1 MNOK4.8 MNOK
Retained earnings3.5 MNOK4.0 MNOK4.7 MNOK
Total liabilities2.3 MNOK1.7 MNOK2.1 MNOK
Current liabilities2.3 MNOK1.7 MNOK2.1 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 6683118.