Maxrør AS

Org. no. 997265696 · Bergen · Founded 2011

Score · fiscal year 2025

69of 100

How to read this: the company is ahead of 83 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?

Rank in the Morning class Micro: 2,158 of 12,873 · What are Morning company classes?
Place in the whole sector: 3,296 of 20,339 · 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 71 and solidity 70 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology

Against the sector

Maxrør AS is 19 points above the median for companies in the Morning class Micro in the same sector in 2025.

Median score 50 among 12,866 companies.

Against companies in the Morning class Micro in the same sector in 2025: operating margin 9.9% (median 3.5%) and equity ratio 54.6% (median 32.8%).

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 revenue5 MNOK3 MNOK
Operating margin 9.9% 3.5% 73 %
Profit margin 10.7% 3.0% shown, not part of the index
Return on assets 17.5% 7.8% 69 %
Equity ratio 54.6% 32.8% 73 %
Debt-to-equity 0.83 1.43 67 %
Current ratio 2.07 1.41 71 %
Revenue growth 14.9% 6.1% 60 %

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

With an index of 69, Maxrør AS does better than 83% of companies in the Morning class Micro in the same sector (12,873 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Maxrør AS
  • Median: companies in the Morning class Micro in the same sector
Summary analysis

Maxrør AS has a score of 69 for 2025, rank 3,296 of 20,339 in the sector.

Strongest: Liquidity: percentile 71 against peers, current ratio 2.07 against a median of 1.41. Profitability: percentile 71 against peers, operating margin 9.9% against a median of 3.5%.

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

Maxrør AS had an operating margin of 9.9% and an equity ratio of 54.6% in 2025, and ranks 3,296 of 20,339 in Bygg og anlegg.

From 2024 to 2025: the equity ratio fell from 63.2% to 54.6% and revenue grew by 15%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 2 MNOK and 6 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.4 MNOK 10.0 4 MNOK
EV/EBIT Operating profit: 0.5 MNOK
minus net debt −2.4 MNOK
8.0 6 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 · 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 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.

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 · 2025

What the score is made of

Profitability71 weight 30%
Solidity70 weight 25%
Liquidity71 weight 15%
Growth60 weight 15%
Consistency67 weight 15%

Durability: 69 (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 Maxrør AS?

The operating margin was 9.9% in 2025, against a median of 3.5% among companies in the Morning class Micro in the same sector. Return on assets was 17.5%.

How solid is Maxrør AS?

The equity ratio was 54.6% in 2025 (median 32.8%). Debt-to-equity was 0.83 (median 1.43).

What is the liquidity of Maxrør AS like?

The current ratio was 2.07 in 2025 (median 1.41).

How does Maxrør AS compare in Bygg og anlegg?

Maxrør AS ranks 3,296 of 20,339 in Bygg og anlegg for 2025. Among companies in the Morning class Micro it is number 2,158 of 12,873. Revenue changed by 14.9% from the year before.

From the Central Coordinating Register

Org. no.
997265696
Legal form
AS
Sector
Bygg og anlegg (43.221)
Morning company class
Micro
Employees
0–4 (not registered)
Founded
10 August 2011 15 years in operation
Share capital
0.10 MNOK
Business address
Myrdalskogen 71, 5117 ULSET (BERGEN)
Municipality
Bergen rank 8 of 11 in KOSTRA group 12
Audit
Audit opted out from 25 August 2011
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.

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
Index706969
Rank3,7223,0613,296
Operating margin4.2%9.2%9.9%
Return on assets6.8%15.0%17.5%
Equity ratio66.3%63.2%54.6%
Current ratio2.462.402.07
Revenue growth–8.3%14.9%

Accounts

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

Key figure202320242025
Operating revenue4.1 MNOK4.4 MNOK5.1 MNOK
Operating profit0.2 MNOK0.4 MNOK0.5 MNOK
Profit before tax0.2 MNOK0.4 MNOK0.5 MNOK
Net profit0.2 MNOK0.3 MNOK0.4 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets2.9 MNOK3.0 MNOK3.1 MNOK
Current assets2.3 MNOK2.6 MNOK2.9 MNOK
Equity1.9 MNOK1.9 MNOK1.7 MNOK
Retained earnings1.8 MNOK1.8 MNOK1.6 MNOK
Total liabilities1.0 MNOK1.1 MNOK1.4 MNOK
Current liabilities1.0 MNOK1.1 MNOK1.4 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 6363141.