Bergverk og utvinning ranking 2025
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Benchmarks · fiscal year 2025
Quartiles among the 118 ranked companies, all sizes. Half of them lie between the lower and upper quartile.
| Key figure | Lower quartile | Median | Upper quartile |
|---|---|---|---|
| Operating margin | −0.7% | 6.4% | 14.1% |
| Profit margin | −2.6% | 4.3% | 14.3% |
| Return on assets | 0.2% | 8.1% | 15.1% |
| Equity ratio | 23.8% | 40.2% | 57.8% |
| Debt-to-equity | 0.57 | 1.40 | 2.40 |
| Current ratio | 1.18 | 1.81 | 3.38 |
| Revenue growth | −8.0% | 5.8% | 26.9% |
Ranked per Morning company class: Micro: 45 · Small: 35 · Medium: 33 · Large: 5. Morning company classes by revenue: Micro 1–10 MNOK, Small 10 MNOK–50 MNOK, Medium 50 MNOK–500 MNOK, Large from 500 MNOK. Methodology
Distribution of the overall index · 2025
Best in each category · 2025
Among ranked companies with at least NOK 10m in revenue. Margins and equity ratios above 100 %, a current ratio above 20 and growth from a base below NOK 10m count as one-off effects and are left out.
Ranking · 2025
Morning Enterprise Index 0–100, version 2: every key figure is compared with companies in the same sector and size tier. Click a column heading to sort.
| Rank | Company | Class | Index | Operating margin | Equity ratio | Current ratio | Revenue growth | Revenue |
|---|---|---|---|---|---|---|---|---|
| 1 | Arctic Salt AS | Microno. 1 in the class | 88 | 38.8% | 89.6% | 13.85 | 43.8% | 3 MNOK |
| 2 | Rekefjord Stone AS | Mediumno. 1 in the class | 84 | 12.5% | 78.8% | 2.73 | 13.5% | 362 MNOK |
| 3 | Bio Sparkjøp AS | Microno. 2 in the class | 83 | 71.3% | 92.3% | 5.46 | 11.4% | 1 MNOK |
| 4 | Kronos Norge AS | Microno. 3 in the class | 81 | 60.0% | 93.7% | 4.83 | 0.0% | 4 MNOK |
| 5 | Hellviksplitt AS | Microno. 4 in the class | 79 | 69.3% | 78.4% | 8.68 | −25.6% | 5 MNOK |
| 6 | OS Tipp og Jordsortering AS | Microno. 5 in the class | 79 | 37.8% | 76.9% | 5.05 | 110.2% | 2 MNOK |
| 7 | Lidalen Grustak A/Ssubsidiary of Lidalen AS | Smallno. 1 in the class | 77 | 13.4% | 84.9% | 5.44 | −15.7% | 17 MNOK |
| 8 | Finnmark Sand AS | Smallno. 2 in the class | 76 | 4.6% | 85.4% | 5.74 | 12.3% | 38 MNOK |
| 9 | Sydvaranger Eiendom AS | Microno. 6 in the class | 74 | 75.0% | 78.0% | 3.01 | 91.8% | 2 MNOK |
| 10 | NOROCK & CO AS | Mediumno. 2 in the class | 74 | 11.1% | 64.7% | 1.14 | 221.1% | 101 MNOK |
| 11 | Egersund Granite AS | Smallno. 3 in the class | 73 | 22.2% | 56.2% | 2.42 | −9.9% | 32 MNOK |
| 12 | Rudsbygd Steinbrudd AS | Microno. 7 in the class | 73 | 15.8% | 91.9% | 3.17 | 35.1% | 8 MNOK |
| 13 | Georg Tveit AS | Smallno. 4 in the class | 72 | 38.4% | 48.9% | 3.64 | 8.3% | 30 MNOK |
| 14 | Sundland Torv og Jord AS | Smallno. 5 in the class | 72 | 6.4% | 73.6% | 3.68 | −6.2% | 13 MNOK |
| 15 | Visnes Kalk AS | Mediumno. 3 in the class | 70 | 17.7% | 49.7% | 0.96 | 44.0% | 149 MNOK |
| 16 | Frosta Torv AS | Microno. 8 in the class | 69 | 15.5% | 71.0% | 3.45 | 143.5% | 1 MNOK |
| 17 | Franzefoss Minerals AS | Large | 69 | 11.8% | 63.5% | 2.57 | 6.6% | 792 MNOK |
| 18 | LANGØIEN GRUS & Transport AS | Smallno. 6 in the class | 69 | 12.5% | 41.8% | 1.52 | 35.0% | 40 MNOK |
| 19 | Staven Grus AS | Mediumno. 4 in the class | 68 | 9.2% | 41.3% | 2.04 | 47.0% | 128 MNOK |
| 20 | Edelsplitt AS | Microno. 9 in the class | 68 | 48.2% | 72.1% | 10.79 | −6.1% | 9 MNOK |
| 21 | TT Pukk AS | Mediumno. 5 in the class | 68 | 7.4% | 49.1% | 4.70 | 2.3% | 82 MNOK |
| 22 | Gudvangen Stein AS | Mediumno. 6 in the class | 67 | 20.7% | 40.8% | 1.44 | 516.0% | 87 MNOK |
| 23 | Arro Stein AS | Microno. 10 in the class | 65 | 14.7% | 69.2% | 2.55 | 152.1% | 1 MNOK |
| 24 | Arctic Drilling AS | Smallno. 7 in the class | 65 | 5.0% | 57.1% | 1.57 | 58.2% | 28 MNOK |
| 25 | Titania AS | Large | 65 | 41.6% | 55.5% | 1.51 | −21.0% | 1,446 MNOK |
| 26 | Larvik Granite AS | Mediumno. 7 in the class | 64 | −0.1% | 72.8% | 1.99 | 10.8% | 105 MNOK |
| 27 | Vega Grus AS | Microno. 11 in the class | 63 | 28.9% | 77.0% | 2.49 | 8.9% | 2 MNOK |
| 28 | Pæska Skiferproduksjon AS | Microno. 12 in the class | 63 | 16.9% | 65.7% | 1.93 | 18.6% | 2 MNOK |
| 29 | Oppdal Sten AS | Smallno. 8 in the class | 63 | 12.8% | 37.1% | 2.52 | 2.1% | 44 MNOK |
| 30 | Gaular Pukk og Sand AS | Microno. 13 in the class | 62 | 20.0% | 71.0% | 4.74 | −35.1% | 5 MNOK |
| 31 | ML Pukk AS | Microno. 14 in the class | 61 | −1.5% | 76.5% | 6.12 | 18.2% | 4 MNOK |
| 32 | Galåen Grus AS | Microno. 15 in the class | 61 | 1.2% | 75.6% | 6.75 | −2.2% | 2 MNOK |
| 33 | Frustøl Pukkverk AS | Smallno. 9 in the class | 61 | 2.1% | 57.9% | 1.80 | 7.6% | 14 MNOK |
| 34 | Forsand Sandkompani AS | Mediumno. 8 in the class | 60 | 6.7% | 55.9% | 2.04 | 0.8% | 109 MNOK |
| 35 | Naturstenskompaniet Norge AS | Mediumno. 9 in the class | 60 | 5.9% | 33.8% | 3.76 | 29.0% | 89 MNOK |
| 36 | Bernt Roligheten AS | Microno. 16 in the class | 60 | −50.5% | 95.6% | 5.61 | 50.7% | 2 MNOK |
| 37 | Nor Aggregates AS | Smallno. 10 in the class | 60 | 9.6% | 39.9% | 1.50 | 10.0% | 21 MNOK |
| 38 | Folefalla Massetak AS | Microno. 17 in the class | 59 | 19.1% | 41.8% | 1.85 | 12.2% | 5 MNOK |
| 39 | Gudbrandsdal Steinindustri AS | Smallno. 11 in the class | 59 | −0.6% | 72.6% | 8.14 | −19.3% | 25 MNOK |
| 40 | Rana Gruber AS | Large | 59 | 20.7% | 56.8% | 1.06 | −5.9% | 1,566 MNOK |
| 41 | Molde Pukkverk AS | Smallno. 12 in the class | 58 | 6.7% | 49.1% | 3.50 | −3.3% | 18 MNOK |
| 42 | Himberg Quarry AS | Microno. 18 in the class | 58 | 5.3% | 78.5% | 4.17 | −37.0% | 1 MNOK |
| 43 | Steinli Grus AS | Microno. 19 in the class | 58 | 11.9% | 72.6% | 3.57 | −3.6% | 9 MNOK |
| 44 | John Myrvang AS | Mediumno. 10 in the class | 57 | 14.1% | 29.7% | 5.32 | −6.8% | 115 MNOK |
| 45 | Lundhs AS | Mediumno. 11 in the class | 57 | 0.0% | 78.7% | 4.20 | −7.2% | 407 MNOK |
| 46 | Gabbro Nor AS | Mediumno. 12 in the class | 56 | 6.3% | 48.6% | 2.11 | −16.6% | 162 MNOK |
| 47 | RB Invest AS | Smallno. 13 in the class | 56 | 14.0% | 35.2% | 0.64 | 65.1% | 27 MNOK |
| 48 | Brandt Aga Knuseservice AS | Microno. 20 in the class | 55 | 9.0% | 38.7% | 1.66 | 29.3% | 8 MNOK |
| 49 | Hamar Pukk og Grus AS | Mediumno. 13 in the class | 55 | 5.8% | 30.3% | 1.52 | 22.3% | 108 MNOK |
| 50 | Gunnar Holth Grusforretning AS | Mediumno. 14 in the class | 54 | 7.1% | 38.2% | 1.08 | 11.9% | 456 MNOK |
Bankrupt or being wound up
These companies are left out of the ranking.
- being wound up Aco Pukk AS · last accounts 2025
- under compulsory liquidation or dissolution Ascent Graphite AS · last accounts 2025
- bankrupt B&G Stein AS · last accounts 2024
- being wound up Brickstep AS · last accounts 2025
- bankrupt Hauglandskogen Transport AS · last accounts 2024
- bankrupt MR. Pukk Øst AS · last accounts 2024
- being wound up MØLLENG MASKIN & Pukk AS · last accounts 2025
- status.deleted Norsk Uteservice AS · last accounts 2024
- being wound up Ordalen AS · last accounts 2025
About the figures
- Only limited companies (AS and ASA) are included. Sole proprietorships are normally not required to file annual accounts and are therefore missing.
- The Brønnøysund Register Centre only checks that accounts are filed, not their content. Suspicious figures are flagged on the company page, not hidden.
- Figures are company accounts, not group accounts. Holding companies can be marked in admin and then do not count in sector averages.