Bugge AS

Org. no. 910904019 · Trondheim · Founded 1967 · 23 employees

Score · fiscal year 2024

73of 100

How to read this: the company is ahead of 89 % of companies in the Morning class Small in the same sector in 2024. What does this mean?

Rank in the Morning class Small: 576 of 5,342 · What are Morning company classes?
Place in the whole sector: 2,122 of 19,395 · 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 94 and solidity 76 out of 100 among companies in the Morning class Small in the same sector in 2024. Methodology

Against the sector

Bugge AS is 22 points above the median for companies in the Morning class Small in the same sector in 2024.

Median score 51 among 5,342 companies.

Against companies in the Morning class Small in the same sector in 2024: operating margin 19.5% (median 4.7%) and equity ratio 53.0% (median 34.8%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue30 MNOK19 MNOK
Operating margin 19.5% 4.7% 95 %
Profit margin 20.3% 4.4% shown, not part of the index
Return on assets 36.1% 11.0% 92 %
Equity ratio 53.0% 34.8% 77 %
Debt-to-equity 0.89 1.72 75 %
Current ratio 2.03 1.49 76 %
Revenue growth −12.8% 4.0% 21 %
Revenue per employee1.31 MNOK1.67 MNOK

The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 73, Bugge AS does better than 89% of companies in the Morning class Small in the same sector (5,342 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Bugge AS
  • Median: companies in the Morning class Small in the same sector
Analysis · 2024

What the numbers say

Bugge AS had an operating margin of 19.5% and an equity ratio of 53.0% in 2024, and ranks 2,122 of 19,395 in Bygg og anlegg.

From 2023 to 2024: the operating margin rose from 11.0% to 19.5% and the equity ratio rose from 43.9% to 53.0%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 9 MNOK and 60 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 4.8 MNOK 10.0 48 MNOK
EV/EBIT Operating profit: 5.9 MNOK
minus net debt −12.4 MNOK
8.0 60 MNOK
P/B Equity: 9.0 MNOK 1.0 9 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 · 2024

Worth a closer look

  • positive

    Upper quartile on profitability, solidity and liquidity. What sets this company apart from the rest of the sector?

    Based on: Operating margin 19.5% (median 4.7%); Equity ratio 53.0% (median 34.8%); Current ratio 2.03 (median 1.49).

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

Financial costs were 0.0% of the debt in 2024. The policy rate averaged 4.50 % 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 · 2021

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 1.8%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability94 weight 30%
Solidity76 weight 25%
Liquidity76 weight 15%
Growth21 weight 15%
Consistency75 weight 15%

Durability: 72 (average over 2 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2024

Questions and answers

How profitable is Bugge AS?

The operating margin was 19.5% in 2024, against a median of 4.7% among companies in the Morning class Small in the same sector. Return on assets was 36.1%.

How solid is Bugge AS?

The equity ratio was 53.0% in 2024 (median 34.8%). Debt-to-equity was 0.89 (median 1.72).

What is the liquidity of Bugge AS like?

The current ratio was 2.03 in 2024 (median 1.49).

How does Bugge AS compare in Bygg og anlegg?

Bugge AS ranks 2,122 of 19,395 in Bygg og anlegg for 2024. Among companies in the Morning class Small it is number 576 of 5,342. Revenue changed by −12.8% from the year before.

Public contracts

Contracts awarded since 2024
1
Total awarded value since 2024
value not stated
Framework agreements
1
Left out of the total: the value is a ceiling, not actual spend.
DateBuyerNotice ValueCPV
8 January 2026 NTNU Murerarbeider RA 35.0 MNOK (framework) 45262500
11 February 2022 NTNU Murerarbeider 20.0 MNOK 45262500

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.
910904019
Legal form
AS
Sector
Bygg og anlegg (41.000)
Morning company class
Small
Employees
23 registered 10 October 2026
Founded
18 October 1967 59 years in operation
Share capital
0.37 MNOK
Business address
Ingvald Ystgaards veg 7B, 7047 TRONDHEIM
Municipality
Trondheim rank 3 of 11 in KOSTRA group 12
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
Index707371
Rank3,6442,1222,554
Operating margin11.0%19.5%11.9%
Return on assets24.6%36.1%31.0%
Equity ratio43.9%53.0%53.2%
Current ratio1.682.032.06
Revenue growth–−12.8%−2.1%

Accounts

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

Key figure202320242025
Operating revenue34.6 MNOK30.2 MNOK29.6 MNOK
Operating profit3.8 MNOK5.9 MNOK3.5 MNOK
Profit before tax3.9 MNOK6.1 MNOK5.4 MNOK
Net profit3.0 MNOK4.8 MNOK4.5 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets15.7 MNOK17.0 MNOK17.5 MNOK
Current assets14.8 MNOK16.2 MNOK16.9 MNOK
Equity6.9 MNOK9.0 MNOK9.3 MNOK
Retained earnings6.5 MNOK8.6 MNOK9.0 MNOK
Total liabilities8.8 MNOK8.0 MNOK8.2 MNOK
Current liabilities8.8 MNOK8.0 MNOK8.2 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5853281.