Baremark AS
Score · fiscal year 2025
43of 100
How to read this: the company is ahead of 37 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?
Rank in the Morning class Micro: 1,246 of 1,989 · What are Morning company classes?
Place in the whole sector: 2,543 of 3,920 · Teknisk tjenesteyting og forskning
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 48 and solidity 19 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology
Against the sector
Baremark AS is 7 points below the median for companies in the Morning class Micro in the same sector in 2025.
Median score 50 among 1,988 companies.
Against companies in the Morning class Micro in the same sector in 2025: operating margin 6.5% (median 5.1%) and equity ratio 13.3% (median 41.7%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 1 MNOK | 3 MNOK |
| Operating margin | 6.5% | 5.1% |
| Profit margin | 6.3% | 4.9% |
| Return on assets | 6.2% | 10.2% |
| Equity ratio | 13.3% | 41.7% |
| Debt-to-equity | 6.51 | 1.10 |
| Current ratio | 0.53 | 1.68 |
| Revenue growth | 89.8% | 5.2% |
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 43, Baremark AS does better than 37% of companies in the Morning class Micro in the same sector (1,989 companies) in 2025.
Score over time
Score over time needs at least two fiscal years with a score. It will appear when next year's figures are fetched or history is imported.
Baremark AS has a score of 43 for 2025, rank 2,543 of 3,920 in the sector.
Strongest: Growth: percentile 91 against peers, revenue growth 89.8% against a median of 5.2%.
Weakest: Liquidity: percentile 9 against peers, current ratio 0.53 against a median of 1.68. Solidity: percentile 19 against peers, equity ratio 13.3% against a median of 41.7%.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 1.9 times current assets. Based on: current ratio 0.53 (median 1.68).
- Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have? Based on: revenue growth 89.8% (median 5.2%); current ratio 0.53 (median 1.68).
- 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
Baremark AS had an operating margin of 6.5% and an equity ratio of 13.3% in 2025, and ranks 2,543 of 3,920 in Teknisk tjenesteyting og forskning.
From 2024 to 2025: revenue grew by 90% and the operating margin fell from 16.1% to 6.5%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 0 MNOK and 1 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 1 MNOK |
| EV/EBIT | 8.0 | 1 MNOK |
| P/B | 1.0 | 0 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
Worth a closer look
- watch
Consider strengthening liquidity: current liabilities are 1.9 times current assets.
Based on: Current ratio 0.53 (median 1.68).
- watch
Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?
Based on: Revenue growth 89.8% (median 5.2%); Current ratio 0.53 (median 1.68).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.2% 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.
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 −0.2%. Based on the 8 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 48 | weight 30% |
|---|---|---|
| Solidity | 19 | weight 25% |
| Liquidity | 9 | weight 15% |
| Growth | 91 | weight 15% |
| Consistency | 59 | weight 15% |
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Baremark AS?
The operating margin was 6.5% in 2025, against a median of 5.1% among companies in the Morning class Micro in the same sector. Return on assets was 6.2%.
How solid is Baremark AS?
The equity ratio was 13.3% in 2025 (median 41.7%). Debt-to-equity was 6.51 (median 1.10).
What is the liquidity of Baremark AS like?
The current ratio was 0.53 in 2025 (median 1.68). Current assets did not cover current liabilities.
How does Baremark AS compare in Teknisk tjenesteyting og forskning?
Baremark AS ranks 2,543 of 3,920 in Teknisk tjenesteyting og forskning for 2025. Among companies in the Morning class Micro it is number 1,246 of 1,989. Revenue changed by 89.8% 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.
- 831308192
- Legal form
- AS · part of a group
- Sector
- Teknisk tjenesteyting og forskning (74.110)
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 10 May 2023 3 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Tangevegen 1, 6885 ÅRDALSTANGEN
- Municipality
- Årdal rank 7–16 of 18 in KOSTRA group 2
- Audit
- Audit opted out from 3 June 2023
- 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 1 November 2026. Only names are shown.
Shareholders (2025)
- Number of shareholders
- 4
- Largest owner
- 39.0% · top three 94.5%
- Split
- companies 95% · private persons 5% · foreign 0%
- Owned from the same municipality
- 0%
- Kaleidoscope Nordic AS · 39.0%
- Ralston Bau AS · 35.5%
- Bioregion Institute AS · 20.0%
- 1 private persons · 5.5%
The company is new in the shareholder register in 2025.
Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.
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 30 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | – | – | 43 | |
| Rank | – | – | 2,543 | |
| Operating margin | 2.4% | 16.1% | 6.5% | |
| Return on assets | 1.9% | 23.5% | 6.2% | |
| Equity ratio | 5.7% | 24.8% | 13.3% | |
| Current ratio | 1.06 | 0.91 | 0.53 | |
| Revenue growth | – | 25.6% | 89.8% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.5 MNOK | 0.6 MNOK | 1.2 MNOK |
| Operating profit | 0.0 MNOK | 0.1 MNOK | 0.1 MNOK |
| Profit before tax | 0.0 MNOK | 0.1 MNOK | 0.1 MNOK |
| Tax expense | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Net profit | 0.0 MNOK | 0.1 MNOK | 0.1 MNOK |
| Financial expenses | – | 0.0 MNOK | 0.0 MNOK |
| Total assets | 0.6 MNOK | 0.4 MNOK | 1.3 MNOK |
| Current assets | 0.6 MNOK | 0.3 MNOK | 0.6 MNOK |
| Equity | 0.0 MNOK | 0.1 MNOK | 0.2 MNOK |
| Retained earnings | 0.0 MNOK | 0.1 MNOK | 0.1 MNOK |
| Total liabilities | 0.6 MNOK | 0.3 MNOK | 1.1 MNOK |
| Current liabilities | 0.6 MNOK | 0.3 MNOK | 1.1 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 6981558.
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