Børter E Verk AS

Org. no. 831755032 · Enebakk · Founded 2023

Score · fiscal year 2023

53of 100

How to read this: the company is ahead of 56 % of companies in the Morning class Micro in the same sector in 2023. What does this mean?

Rank in the Morning class Micro: 179 of 408 · What are Morning company classes?
Place in the whole sector: 350 of 823 · Kraft og energi

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 7 and solidity 83 out of 100 among companies in the Morning class Micro in the same sector in 2023. Methodology

Against the sector

Børter E Verk AS is 2 points above the median for companies in the Morning class Micro in the same sector in 2023.

Median score 51 among 408 companies.

Against companies in the Morning class Micro in the same sector in 2023: operating margin −31.6% (median 27.9%) and equity ratio 70.1% (median 34.5%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue4 MNOK3 MNOK
Operating margin −31.6% 27.9% 13 %
Profit margin −30.9% 18.6% shown, not part of the index
Return on assets −25.0% 6.1% 2 %
Equity ratio 70.1% 34.5% 84 %
Debt-to-equity 0.43 1.69 82 %
Current ratio 2.25 1.93 58 %
Revenue growth – – not compared

The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 53, Børter E Verk AS does better than 56% of companies in the Morning class Micro in the same sector (408 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025The shaded year is the sector's weakest year, used by the stress test.
  • Børter E Verk AS
  • Median: companies in the Morning class Micro in the same sector
Analysis · 2023

What the numbers say

Børter E Verk AS had an operating margin of −31.6% and an equity ratio of 70.1% in 2023, and ranks 350 of 823 in Kraft og energi.

Børter E Verk AS did about the same as the sector in 2025, the sector's weakest year.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

One method gives a figure: 3 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −1.1 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −1.1 MNOK 8.0 not meaningful
P/B Equity: 3.1 MNOK 1.0 3 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 · 2023

Worth a closer look

  • watch

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin −30.9% (median 18.6%).

  • watch

    The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?

    Based on: Operating margin −31.6% (median 27.9%).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 1.0% of the debt in 2023. The policy rate averaged 3.54 % 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 · 2025

Scenario analysis: the sector's weakest year

The operating margin was 5.8% in 2025 (sector median 16.1%), and the equity ratio 82.4%. In the other years the operating margin averaged −17.4%.

The sector's weakest year was 2025, with a median operating margin of 16.1%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability7 weight 30%
Solidity83 weight 25%
Liquidity58 weight 15%
Growth– no data, left out
Consistency92 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2023

Questions and answers

How profitable is Børter E Verk AS?

The operating margin was −31.6% in 2023, against a median of 27.9% among companies in the Morning class Micro in the same sector. Return on assets was −25.0%. The company made a loss before tax.

How solid is Børter E Verk AS?

The equity ratio was 70.1% in 2023 (median 34.5%). Debt-to-equity was 0.43 (median 1.69).

What is the liquidity of Børter E Verk AS like?

The current ratio was 2.25 in 2023 (median 1.93).

How does Børter E Verk AS compare in Kraft og energi?

Børter E Verk AS ranks 350 of 823 in Kraft og energi for 2023. Among companies in the Morning class Micro it is number 179 of 408.

From the Central Coordinating Register

Org. no.
831755032
Legal form
AS
Sector
Kraft og energi (35.121)
Morning company class
Micro
Employees
0–4 (not registered)
Founded
30 June 2023 3 years in operation
Share capital
0.03 MNOK
Business address
Børterveien 56, 1912 ENEBAKK
Municipality
Enebakk rank 6 of 38 in KOSTRA group 7
Audit
Audit opted out from 26 July 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 29 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.

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index535265
Rank350401159
Operating margin−31.6%−3.2%5.8%
Return on assets−25.0%−1.5%5.6%
Equity ratio70.1%77.9%82.4%
Current ratio2.253.104.15
Revenue growth–−18.1%0.9%

Accounts

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

Key figure202320242025
Operating revenue3.6 MNOK3.0 MNOK3.0 MNOK
Operating profit−1.1 MNOK−0.1 MNOK0.2 MNOK
Profit before tax−1.1 MNOK−0.1 MNOK0.2 MNOK
Net profit−1.1 MNOK−0.1 MNOK0.2 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets4.4 MNOK3.8 MNOK3.9 MNOK
Current assets3.0 MNOK2.6 MNOK2.8 MNOK
Equity3.1 MNOK3.0 MNOK3.2 MNOK
Retained earnings3.1 MNOK2.9 MNOK3.1 MNOK
Total liabilities1.3 MNOK0.8 MNOK0.7 MNOK
Current liabilities1.3 MNOK0.8 MNOK0.7 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 4865543.