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Vann, avløp og renovasjon ranking 2025

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Benchmarks · fiscal year 2025

Quartiles among the 160 ranked companies, all sizes. Half of them lie between the lower and upper quartile.

Key figureLower quartileMedianUpper quartile
Operating margin0.1%5.4%11.7%
Profit margin−0.6%3.8%10.8%
Return on assets2.0%6.1%15.2%
Equity ratio16.4%32.0%54.1%
Debt-to-equity0.791.854.23
Current ratio1.011.412.06
Revenue growth−2.0%4.1%13.9%

Ranked per Morning company class: Large: 18 · Small: 38 · Medium: 67 · Micro: 37. 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

02142Index 0–10: 2 companies20Index 10–20: 4 companies410Index 20–30: 15 companies1520Index 30–40: 24 companies2430Index 40–50: 30 companies3040Index 50–60: 42 companies4250Index 60–70: 27 companies2760Index 70–80: 11 companies1170Index 80–90: 5 companies580Index 90–100: 0 companies90100Index →

Best in each category · 2025

Operating marginHeggvin Alun AS31.9%
Return on assetsEmballasjegjenvinning AS68.2%
Equity ratioFosen Gjenvinning AS91.9%
Current ratioFosen Gjenvinning AS7.06
Revenue growthRagn-Sells Autoparts AS85.8%

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 F F F Hage og Miljø AS Mediumno. 1 in the class 86 10.3% 54.0% 1.60 74.0% 148 MNOK
2 Noah Solutions ASsubsidiary of Noah AS Largeno. 1 in the class 85 17.3% 73.3% 2.59 11.2% 919 MNOK
3 Vartdal Gjenvinning AS Mediumno. 2 in the class 83 8.1% 86.0% 2.06 21.2% 370 MNOK
4 Fosen Gjenvinning AS Smallno. 1 in the class 82 18.5% 91.9% 7.06 −2.9% 34 MNOK
5 Metallco Bergen AS Mediumno. 3 in the class 80 22.6% 40.1% 1.55 13.2% 88 MNOK
6 BJARNE STENSLI & Sønner AS Microno. 1 in the class 79 14.7% 93.0% 11.00 1.9% 6 MNOK
7 Nordren AS Largeno. 2 in the class 78 12.9% 51.9% 1.79 8.8% 641 MNOK
8 Batteriretur EV AS Microno. 2 in the class 77 25.5% 92.3% 13.06 44.2% 6 MNOK
9 Slamrensing AS Smallno. 2 in the class 77 27.2% 59.8% 2.39 17.9% 34 MNOK
10 Risør Tvedestrand Regionens Avfallsselskap Rta AS Mediumno. 4 in the class 75 5.8% 51.8% 3.91 5.3% 71 MNOK
11 A.O. Eide Maskinentreprenør AS Microno. 3 in the class 74 17.6% 77.6% 2.88 5.7% 7 MNOK
12 Hardanger Sand og Kompost AS Microno. 4 in the class 73 27.7% 48.2% 2.41 10.5% 7 MNOK
13 Hermod Teigen AS Mediumno. 5 in the class 73 18.2% 58.6% 1.56 −1.6% 404 MNOK
14 Hellik Teigen AS Largeno. 3 in the class 72 7.3% 76.0% 2.25 −3.7% 1,388 MNOK
15 Perpetuum AS Mediumno. 6 in the class 71 12.8% 45.4% 1.68 1.6% 297 MNOK
16 Ivar Nikoma AS Smallno. 3 in the class 71 6.1% 70.9% 3.40 21.2% 32 MNOK
17 Delehuset AS Smallno. 4 in the class 69 16.5% 58.1% 2.34 14.4% 28 MNOK
18 Orkdal Gjenvinning AS Smallno. 5 in the class 69 19.1% 54.0% 2.13 1.2% 16 MNOK
19 Minges Anleggsservice AS Microno. 5 in the class 69 12.3% 98.1% 30.60 −50.7% 2 MNOK
20 Bts Rørfornying AS Microno. 6 in the class 68 9.1% 63.8% 3.09 5.9% 6 MNOK
21 Eden Aquatech AS Microno. 7 in the class 68 10.0% 54.5% 2.20 105.7% 1 MNOK
22 Metallco Kabel AS Mediumno. 7 in the class 68 6.7% 40.0% 1.19 10.7% 335 MNOK
23 Heggvin Alun AS Mediumno. 8 in the class 67 31.9% 9.3% 1.68 61.0% 104 MNOK
24 Iata Næring AS Microno. 8 in the class 67 −0.2% 94.8% 17.30 0.1% 8 MNOK
25 Batterigjenvinning AS Smallno. 6 in the class 67 10.4% 78.1% 1.94 8.5% 20 MNOK
26 Jan Stenersen Transport AS Smallno. 7 in the class 67 7.5% 75.9% 3.02 −2.2% 29 MNOK
27 Arctic Waste Management AS Smallno. 8 in the class 67 6.3% 71.9% 3.52 −1.4% 23 MNOK
28 Revac AS Largeno. 4 in the class 67 14.3% 25.3% 1.19 21.2% 728 MNOK
29 Hrs Miljø AS Mediumno. 9 in the class 67 5.9% 56.0% 2.81 −9.9% 160 MNOK
30 Attvin Produksjon AS Mediumno. 10 in the class 66 6.5% 35.4% 1.78 0.2% 251 MNOK
31 Remiks Næring AS Mediumno. 11 in the class 66 8.7% 45.4% 1.14 1.3% 237 MNOK
32 Ibka Norge AS Mediumno. 12 in the class 66 8.7% 44.2% 1.41 10.2% 193 MNOK
33 G-Miljø AS Mediumno. 13 in the class 65 13.6% 20.2% 1.51 19.9% 145 MNOK
34 Stensli Gjenvinning AS Mediumno. 14 in the class 65 5.3% 49.2% 1.41 −7.7% 104 MNOK
35 MOHOLT TRANSPORT & Maskin AS Smallno. 9 in the class 64 16.6% 73.1% 2.55 −3.4% 15 MNOK
36 Rir Næring AS Smallno. 10 in the class 64 8.2% 62.8% 2.40 −0.8% 44 MNOK
37 Safeclean AS Mediumno. 15 in the class 64 4.0% 40.7% 1.86 11.2% 100 MNOK
38 Harstad Spyleservice AS Microno. 9 in the class 64 10.6% 61.3% 1.44 9.0% 10 MNOK
39 Origo Skibotn AS Smallno. 11 in the class 63 14.2% 41.2% 2.28 28.8% 31 MNOK
40 Serwent Jtr Gruppen AS Mediumno. 16 in the class 62 7.5% 39.7% 1.79 −1.7% 93 MNOK
41 Funder Renovasjon AS Smallno. 12 in the class 62 9.2% 65.6% 2.06 0.1% 19 MNOK
42 Sjølvik VA AS Microno. 10 in the class 61 5.2% 83.6% 6.61 35.6% 1 MNOK
43 Rogaland Miljøsanering AS Mediumno. 17 in the class 60 14.4% 16.1% 1.16 63.1% 51 MNOK
44 Sunnmøre Transport AS Mediumno. 18 in the class 60 0.4% 45.5% 1.51 8.8% 98 MNOK
45 Maren Miljøservice AS Smallno. 13 in the class 59 25.6% 27.2% 2.67 0.2% 30 MNOK
46 Ruteretur AS Smallno. 14 in the class 59 −18.3% 82.9% 5.86 4.6% 16 MNOK
47 Fjellregionen Interkommunale Avfallsselskap AS Mediumno. 19 in the class 59 7.0% 25.1% 1.30 6.0% 118 MNOK
48 Maren AS Microno. 11 in the class 58 10.8% 31.9% 1.69 45.7% 5 MNOK
49 Arnkværn Miljø og Renovasjon AS Mediumno. 20 in the class 58 20.7% 24.8% 1.47 −16.3% 91 MNOK
50 Gretland Reno AS Smallno. 15 in the class 58 12.3% 34.9% 1.68 29.8% 35 MNOK

Bankrupt or being wound up

These companies are left out of the ranking.

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.