BIRGER MIETINEN AS
Score · fiscal year 2024
66of 100
How to read this: the company is ahead of 80 % of small companies in the same sector in 2024. What does this mean?
Rank: 4,637 of 22,842 · Bygg og anlegg
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 70 and solidity 68 out of 100 among small companies in the same sector in 2024. Methodology
Against the sector
BIRGER MIETINEN AS is 16 points above the median for small companies in the same sector in 2024.
Median score 50 among 22,180 companies.
Against small companies in the same sector in 2024: operating margin 8.9% (median 3.8%) and equity ratio 57.1% (median 33.7%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 50 MNOK | 2 MNOK |
| Operating margin | 8.9% | 3.8% |
| Profit margin | 8.3% | 3.3% |
| Return on assets | 18.2% | 5.5% |
| Equity ratio | 57.1% | 33.7% |
| Debt-to-equity | 0.75 | 1.29 |
| Current ratio | 3.12 | 1.37 |
| Revenue growth | −5.9% | 3.7% |
| Revenue per employee | 1.63 MNOK | 1.30 MNOK |
The median and “ahead of” refer to small companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 66, BIRGER MIETINEN AS does better than 80% of small companies in the same sector (22,243 companies) in 2024.
Score 2023–2025
- BIRGER MIETINEN AS
- Median: small companies in the same sector
What the numbers say
BIRGER MIETINEN AS had an operating margin of 8.9% and an equity ratio of 57.1% in 2024, and ranks 4,637 of 22,842 in Bygg og anlegg.
From 2023 to 2024: went from a loss to a profit before tax and the operating margin rose from −3.0% to 8.9%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 14 MNOK and 42 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 35 MNOK |
| EV/EBIT | 8.0 | 42 MNOK |
| P/B | 1.0 | 14 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
No rules were triggered for this year.
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
No anomalies found in the figures.
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 2.1%. 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 | 70 | weight 30% |
|---|---|---|
| Solidity | 68 | weight 25% |
| Liquidity | 82 | weight 15% |
| Growth | 38 | weight 15% |
| Consistency | 66 | weight 15% |
Durability: 60 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is BIRGER MIETINEN AS?
The operating margin was 8.9% in 2024, against a median of 3.8% among small companies in the same sector. Return on assets was 18.2%.
How solid is BIRGER MIETINEN AS?
The equity ratio was 57.1% in 2024 (median 33.7%). Debt-to-equity was 0.75 (median 1.29).
What is the liquidity of BIRGER MIETINEN AS like?
The current ratio was 3.12 in 2024 (median 1.37).
How does BIRGER MIETINEN AS compare in Bygg og anlegg?
BIRGER MIETINEN AS ranks 4,637 of 22,842 in Bygg og anlegg for 2024. Among companies of the same size (small companies) it ranks 4,523 of 22,243. Revenue changed by −5.9% from the year before.
Public contracts
- Contracts awarded since 2024
- 1
- Total awarded value since 2024
- value not stated
- 1 contracts without a stated value are not in the total.
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 7 May 2024 | Norconsult Norge AS | Ny vannledning Saarela | value not stated |
Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.
Source: Doffin (DFØ), fetched 27 October 2026. Winners are matched on organisation number.
Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0
From the Central Coordinating Register
- Org. no.
- 891289162
- Legal form
- AS
- Sector
- Bygg og anlegg (41.000)
- Size tier
- small
- Employees
- 31 registered 10 September 2026
- Founded
- 23 April 2007 19 years in operation
- Share capital
- 0.27 MNOK
- Business address
- Hermann Dahls gate 5, 9801 VADSØ
- Municipality
- Vadsø rank 2–7 of 9 in KOSTRA group 3
- 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
- Geir Olav Næss
- Chair of the board
- Birger Alfred Mietinen
- Deputy member
- Reidun Eriksen Mietinen
- Auditor
- DEGERSTRØMS REVISJON 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 | 53 | 66 | 62 | |
| Rank | 9,310 | 4,637 | 6,253 | |
| Operating margin | −3.0% | 8.9% | 6.3% | |
| Return on assets | −6.9% | 18.2% | 10.5% | |
| Equity ratio | 49.2% | 57.1% | 60.4% | |
| Current ratio | 2.38 | 3.12 | 3.28 | |
| Revenue growth | – | −5.9% | −13.4% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 53.6 MNOK | 50.4 MNOK | 43.6 MNOK |
| Operating profit | −1.6 MNOK | 4.5 MNOK | 2.8 MNOK |
| Profit before tax | −1.9 MNOK | 4.2 MNOK | 2.4 MNOK |
| Net profit | −1.8 MNOK | 3.5 MNOK | 1.9 MNOK |
| Financial expenses | 0.3 MNOK | 0.3 MNOK | 0.3 MNOK |
| Total assets | 22.9 MNOK | 24.8 MNOK | 26.6 MNOK |
| Current assets | 15.0 MNOK | 17.4 MNOK | 19.0 MNOK |
| Equity | 11.3 MNOK | 14.2 MNOK | 16.0 MNOK |
| Retained earnings | 11.0 MNOK | 13.9 MNOK | 15.8 MNOK |
| Total liabilities | 11.6 MNOK | 10.6 MNOK | 10.5 MNOK |
| Current liabilities | 6.3 MNOK | 5.6 MNOK | 5.8 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5967595.
Further
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