Cernova Trading AS
Score · fiscal year 2025
38of 100
How to read this: the company is ahead of 26 % of companies in the Morning class Medium in the same sector in 2025. What does this mean?
Rank in the Morning class Medium: 2,734 of 3,711 · What are Morning company classes?
Place in the whole sector: 16,438 of 22,952 · Handel
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 40 and solidity 13 out of 100 among companies in the Morning class Medium in the same sector in 2025. Methodology
Against the sector
Cernova Trading AS is 12 points below the median for companies in the Morning class Medium in the same sector in 2025.
Median score 50 among 3,711 companies.
Against companies in the Morning class Medium in the same sector in 2025: operating margin 2.5% (median 3.0%) and equity ratio 11.3% (median 30.0%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 231 MNOK | 93 MNOK |
| Operating margin | 2.5% | 3.0% |
| Profit margin | 2.0% | 2.8% |
| Return on assets | 7.2% | 11.6% |
| Equity ratio | 11.3% | 30.0% |
| Debt-to-equity | 7.84 | 2.24 |
| Current ratio | 1.13 | 1.39 |
| Revenue growth | 21.5% | 6.1% |
The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 38, Cernova Trading AS does better than 26% of companies in the Morning class Medium in the same sector (3,711 companies) in 2025.
Score 2023–2025
- Cernova Trading AS
- Median: companies in the Morning class Medium in the same sector
Cernova Trading AS has a score of 38 for 2025, rank 16,438 of 22,952 in the sector.
Strongest: Growth: percentile 80 against peers, revenue growth 21.5% against a median of 6.1%.
Weakest: Solidity: percentile 13 against peers, equity ratio 11.3% against a median of 30.0%. Liquidity: percentile 26 against peers, current ratio 1.13 against a median of 1.39.
Worth a closer look
- Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have? Based on: revenue growth 21.5% (median 6.1%); current ratio 1.13 (median 1.39).
- 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
Cernova Trading AS had an operating margin of 2.5% and an equity ratio of 11.3% in 2025, and ranks 16,438 of 22,952 in Handel.
From 2024 to 2025: revenue grew by 21% and the equity ratio fell from 17.1% to 11.3%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 9 MNOK and 35 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 35 MNOK |
| EV/EBIT | 8.0 | missing |
| P/B | 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
Worth a closer look
- 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 21.5% (median 6.1%); Current ratio 1.13 (median 1.39).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 1.8% 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 2022, the sector's weakest year, for this company.
The sector's weakest year was 2022, with a median operating margin of 1.5%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 40 | weight 30% |
|---|---|---|
| Solidity | 13 | weight 25% |
| Liquidity | 26 | weight 15% |
| Growth | 80 | weight 15% |
| Consistency | 48 | weight 15% |
Durability: 34 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Cernova Trading AS?
The operating margin was 2.5% in 2025, against a median of 3.0% among companies in the Morning class Medium in the same sector. Return on assets was 7.2%.
How solid is Cernova Trading AS?
The equity ratio was 11.3% in 2025 (median 30.0%). Debt-to-equity was 7.84 (median 2.24).
What is the liquidity of Cernova Trading AS like?
The current ratio was 1.13 in 2025 (median 1.39).
How does Cernova Trading AS compare in Handel?
Cernova Trading AS ranks 16,438 of 22,952 in Handel for 2025. Among companies in the Morning class Medium it is number 2,734 of 3,711. Revenue changed by 21.5% from the year before.
From the Central Coordinating Register
- Org. no.
- 912589455
- Legal form
- AS
- Sector
- Handel (46.900)
- Morning company class
- Medium
- Employees
- 0–4 (not registered)
- Founded
- 6 September 2013 13 years in operation
- Share capital
- 0.50 MNOK
- Business address
- C. Sundts gate 17, 5004 BERGEN
- Municipality
- Bergen rank 8 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
- LEI
- 549300HAHSZQVZ7ZBZ22 renews 8 November 2026
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.
- Parent company
- Felleskjøpet Agri SA (Norway)
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 29 October 2026. The parent is the one the company itself reported to GLEIF.
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 | 26 | 37 | 38 | |
| Rank | 17,309 | 16,338 | 16,438 | |
| Operating margin | 1.8% | 2.6% | 2.5% | |
| Return on assets | 5.4% | 9.1% | 7.2% | |
| Equity ratio | 14.9% | 17.1% | 11.3% | |
| Current ratio | 1.18 | 1.21 | 1.13 | |
| Revenue growth | – | 0.5% | 21.5% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 189.1 MNOK | 190.0 MNOK | 230.9 MNOK |
| Operating profit | 3.3 MNOK | 4.9 MNOK | 5.8 MNOK |
| Profit before tax | 2.4 MNOK | 3.4 MNOK | 4.5 MNOK |
| Net profit | 1.9 MNOK | 2.7 MNOK | 3.5 MNOK |
| Financial expenses | 0.9 MNOK | 1.4 MNOK | 1.3 MNOK |
| Total assets | 60.9 MNOK | 53.4 MNOK | 80.7 MNOK |
| Current assets | 60.9 MNOK | 53.4 MNOK | 80.7 MNOK |
| Equity | 9.1 MNOK | 9.1 MNOK | 9.1 MNOK |
| Retained earnings | 5.3 MNOK | 5.3 MNOK | 5.3 MNOK |
| Total liabilities | 51.8 MNOK | 44.2 MNOK | 71.6 MNOK |
| Current liabilities | 51.8 MNOK | 44.2 MNOK | 71.6 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7108491.
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