Pro-Flex AS

Org. no. 998780292 · Bergen · Founded 2012 · 46 employees

Score · fiscal year 2024

54of 100

How to read this: the company is ahead of 58 % of companies in the Morning class Medium in the same sector in 2024. What does this mean?

Rank in the Morning class Medium: 1,479 of 3,519 · What are Morning company classes?
Place in the whole sector: 9,472 of 22,237 · Handel

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 74 and solidity 49 out of 100 among companies in the Morning class Medium in the same sector in 2024. Methodology

Against the sector

Pro-Flex AS is 4 points above the median for companies in the Morning class Medium in the same sector in 2024.

Median score 50 among 3,519 companies.

Against companies in the Morning class Medium in the same sector in 2024: operating margin 8.8% (median 2.9%) and equity ratio 30.0% (median 30.2%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 29 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue138 MNOK92 MNOK
Operating margin 8.8% 2.9% 85 %
Profit margin 7.5% 2.7% shown, not part of the index
Return on assets 16.2% 11.8% 64 %
Equity ratio 30.0% 30.2% 50 %
Debt-to-equity 2.33 2.23 48 %
Current ratio 1.28 1.40 41 %
Revenue growth 4.6% 5.1% 48 %
Revenue per employee2.99 MNOK4.92 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 54, Pro-Flex AS does better than 58% of companies in the Morning class Medium in the same sector (3,519 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Pro-Flex AS
  • Median: companies in the Morning class Medium in the same sector
Analysis · 2024

What the numbers say

Pro-Flex AS had an operating margin of 8.8% and an equity ratio of 30.0% in 2024, and ranks 9,472 of 22,237 in Handel.

No large changes in the key figures from 2023 to 2024.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 23 MNOK and 98 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 8.0 MNOK 10.0 80 MNOK
EV/EBIT Operating profit: 12.1 MNOK
minus net debt −0.9 MNOK
8.0 98 MNOK
P/B Equity: 23.1 MNOK 1.0 23 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 · 2024

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 4.1% 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.

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 · 2024

What the score is made of

Profitability74 weight 30%
Solidity49 weight 25%
Liquidity41 weight 15%
Growth48 weight 15%
Consistency42 weight 15%

Durability: 52 (average over 2 years)

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

2024

Questions and answers

How profitable is Pro-Flex AS?

The operating margin was 8.8% in 2024, against a median of 2.9% among companies in the Morning class Medium in the same sector. Return on assets was 16.2%.

How solid is Pro-Flex AS?

The equity ratio was 30.0% in 2024 (median 30.2%). Debt-to-equity was 2.33 (median 2.23).

What is the liquidity of Pro-Flex AS like?

The current ratio was 1.28 in 2024 (median 1.40).

How does Pro-Flex AS compare in Handel?

Pro-Flex AS ranks 9,472 of 22,237 in Handel for 2024. Among companies in the Morning class Medium it is number 1,479 of 3,519. Revenue changed by 4.6% from the year before.

From the Central Coordinating Register

Org. no.
998780292
Legal form
AS
Sector
Handel (46.640)
Morning company class
Medium
Employees
46 registered 10 September 2026
Founded
4 July 2012 14 years in operation
Share capital
3.03 MNOK
Business address
Janaflaten 39, 5179 GODVIK (BERGEN)
Municipality
Bergen rank 8 of 11 in KOSTRA group 12
Latest accounts filed
2025
Website
www.pro-flex.no
LEI
8945005YSFC7KAUP9V79 renews 6 June 2027

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
Evelyn Høy Erlandsen
Chair of the board
Patrik Rolf Herman Österlund
Board member
Håkan Magnus Gustavson
Board member
Evelyn Høy Erlandsen
Board member
Per Ivar Søfteland
Board member
Silje Marie Kalsaas
Auditor
KPMG AS

Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.

Parent company
Indutrade Aktiebolag (Sweden)

Foreign-owned according to GLEIF.

Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 31 October 2026. The parent is the one the company itself reported to GLEIF.

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
Index505444
Rank10,5049,47214,327
Operating margin7.7%8.8%4.7%
Return on assets15.3%16.2%10.2%
Equity ratio30.0%30.0%30.1%
Current ratio1.251.281.27
Revenue growth–4.6%−3.3%

Accounts

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

Key figure202320242025
Operating revenue131.6 MNOK137.7 MNOK133.2 MNOK
Operating profit10.2 MNOK12.1 MNOK6.3 MNOK
Profit before tax7.6 MNOK10.3 MNOK4.8 MNOK
Net profit6.0 MNOK8.0 MNOK3.7 MNOK
Financial expenses2.9 MNOK2.2 MNOK1.8 MNOK
Total assets69.2 MNOK76.9 MNOK65.3 MNOK
Current assets60.3 MNOK69.2 MNOK57.9 MNOK
Equity20.8 MNOK23.1 MNOK19.6 MNOK
Retained earnings3.7 MNOK6.0 MNOK2.5 MNOK
Total liabilities48.4 MNOK53.8 MNOK45.7 MNOK
Current liabilities48.4 MNOK53.8 MNOK45.7 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 5757651.