BUSTINGAN SUPPORT AS
Score · fiscal year 2025
51of 100
How to read this: the company is ahead of 53 % of small companies in the same sector in 2025. What does this mean?
Rank: 1,958 of 4,157 · Sjømat
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 81 and solidity 0 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
BUSTINGAN SUPPORT AS is 1 points above the median for small companies in the same sector in 2025.
Median score 50 among 3,606 companies.
Against small companies in the same sector in 2025: operating margin 49.0% (median 9.9%) and equity ratio −18.7% (median 36.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 2 MNOK | 2 MNOK |
| Operating margin | 49.0% | 9.9% |
| Profit margin | 45.3% | 6.6% |
| Return on assets | 9.5% | 3.1% |
| Equity ratio | −18.7% | 36.4% |
| Debt-to-equity | – | 1.03 |
| Current ratio | 2.72 | 1.66 |
| Revenue growth | 41.0% | 13.5% |
The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 51, BUSTINGAN SUPPORT AS does better than 53% of small companies in the same sector (3,638 companies) in 2025.
Score 2023–2025
- BUSTINGAN SUPPORT AS
- Median: small companies in the same sector
BUSTINGAN SUPPORT AS has a score of 51 for 2025, rank 1,958 of 4,157 in the sector.
Strongest: Profitability: percentile 81 against peers, operating margin 49.0% against a median of 9.9%. Growth: percentile 70 against peers, revenue growth 41.0% against a median of 13.5%.
Weakest: Solidity: percentile 0 against peers, equity ratio −18.7% against a median of 36.4%.
Worth a closer look
- Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern? Based on: equity ratio −18.7% (median 36.4%).
- What lies behind weak solidity, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
BUSTINGAN SUPPORT AS had an operating margin of 49.0% and an equity ratio of −18.7% in 2025, and ranks 1,958 of 4,157 in Sjømat.
From 2024 to 2025: the operating margin rose from −13.3% to 49.0% and went from a loss to a profit before tax.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 10 MNOK and 10 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 10 MNOK |
| EV/EBIT | 8.0 | 10 MNOK |
| P/B | 1.0 | not meaningful |
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
Worth a closer look
- critical
Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?
Based on: Equity ratio −18.7% (median 36.4%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
- critical Negative equity
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 −5.0%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 81 | weight 30% |
|---|---|---|
| Solidity | 0 | weight 25% |
| Liquidity | 65 | weight 15% |
| Growth | 70 | weight 15% |
| Consistency | 44 | weight 15% |
Durability: 33 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is BUSTINGAN SUPPORT AS?
The operating margin was 49.0% in 2025, against a median of 9.9% among small companies in the same sector. Return on assets was 9.5%.
How solid is BUSTINGAN SUPPORT AS?
The equity ratio was −18.7% in 2025 (median 36.4%). Equity is negative, so liabilities exceed assets.
What is the liquidity of BUSTINGAN SUPPORT AS like?
The current ratio was 2.72 in 2025 (median 1.66).
How does BUSTINGAN SUPPORT AS compare in Sjømat?
BUSTINGAN SUPPORT AS ranks 1,958 of 4,157 in Sjømat for 2025. Among companies of the same size (small companies) it ranks 1,700 of 3,638. Revenue changed by 41.0% from the year before.
Group accounts
The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.
Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 825061142
- Legal form
- AS · part of a group
- Sector
- Sjømat (03.110)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 4 May 2020 6 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Vika 1, 8373 BALLSTAD (VESTVÅGØY)
- Municipality
- Vestvågøy rank 3–11 of 13 in KOSTRA group 8
- Audit
- Audit opted out from 16 November 2024
- 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
- Daniel Hoseth Myklebust
- Chair of the board
- Kurt Roger Myklebust
- Board member
- Daniel Hoseth Myklebust
- Accountant
- VESTVÅGØY REGNSKAP AS
Source: Central Coordinating Register, fetched 25 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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 21 | 27 | 51 | |
| Rank | 3,247 | 3,327 | 1,958 | |
| Operating margin | 10.3% | −13.3% | 49.0% | |
| Return on assets | 2.4% | −2.6% | 9.5% | |
| Equity ratio | −37.9% | −42.9% | −18.7% | |
| Current ratio | 0.04 | 1.55 | 2.72 | |
| Revenue growth | – | −8.0% | 41.0% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 1.8 MNOK | 1.6 MNOK | 2.3 MNOK |
| Operating profit | 0.2 MNOK | −0.2 MNOK | 1.1 MNOK |
| Profit before tax | −0.2 MNOK | −0.2 MNOK | 1.0 MNOK |
| Net profit | −0.2 MNOK | −0.2 MNOK | 1.0 MNOK |
| Financial expenses | 0.4 MNOK | 0.0 MNOK | 0.1 MNOK |
| Total assets | 8.2 MNOK | 7.7 MNOK | 12.2 MNOK |
| Current assets | 0.4 MNOK | 0.3 MNOK | 0.6 MNOK |
| Equity | −3.1 MNOK | −3.3 MNOK | −2.3 MNOK |
| Retained earnings | −3.1 MNOK | −3.3 MNOK | −2.3 MNOK |
| Total liabilities | 11.3 MNOK | 11.1 MNOK | 14.5 MNOK |
| Current liabilities | 11.3 MNOK | 0.2 MNOK | 0.2 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6880616.
Further
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