NOR BAKERI AS
Accounts for 2025 are missing. The deadline was 31 July 2026. The Brønnøysund Register Centre does not publish when accounts arrived, only the latest year filed.
Score · fiscal year 2024
58of 100
How to read this: the company is ahead of 64 % of companies in the Morning class Small in the same sector in 2024. What does this mean?
Rank in the Morning class Small: 179 of 496 · What are Morning company classes?
Place in the whole sector: 699 of 2,018 · Industri
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 63 and solidity 53 out of 100 among companies in the Morning class Small in the same sector in 2024. Methodology
Against the sector
NOR BAKERI AS is 6 points above the median for companies in the Morning class Small in the same sector in 2024.
Median score 52 among 496 companies.
Against companies in the Morning class Small in the same sector in 2024: operating margin 5.0% (median 4.7%) and equity ratio 46.0% (median 43.0%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 41 MNOK | 20 MNOK |
| Operating margin | 5.0% | 4.7% |
| Profit margin | 5.1% | 4.5% |
| Return on assets | 20.0% | 10.0% |
| Equity ratio | 46.0% | 43.0% |
| Debt-to-equity | 1.17 | 1.23 |
| Current ratio | 1.65 | 1.76 |
| Revenue growth | 12.7% | 4.8% |
| Revenue per employee | 1.34 MNOK | 1.65 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 58, NOR BAKERI AS does better than 64% of companies in the Morning class Small in the same sector (496 companies) in 2024.
Score 2022–2024
- NOR BAKERI AS
- Median: companies in the Morning class Small in the same sector
NOR BAKERI AS has a score of 58 for 2024, rank 699 of 2,018 in the sector.
Strongest: Growth: percentile 66 against peers, revenue growth 12.7% against a median of 4.8%. Profitability: percentile 63 against peers, operating margin 5.0% against a median of 4.7%.
No area is clearly below its peers.
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
NOR BAKERI AS had an operating margin of 5.0% and an equity ratio of 46.0% in 2024, and ranks 699 of 2,018 in Industri.
From 2023 to 2024: went from a loss to a profit before tax and the operating margin rose from −3.2% to 5.0%.
NOR BAKERI AS did better than the sector in 2022, the sector's weakest year.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 5 MNOK and 20 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 17 MNOK |
| EV/EBIT | 8.0 | 20 MNOK |
| P/B | 1.0 | 5 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.
Financial costs were 0.3% 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.
Scenario analysis: the sector's weakest year
The operating margin was 2.5% in 2022 (sector median −3.3%), and the equity ratio 46.9%. In the other years the operating margin averaged 0.9%.
The sector's weakest year was 2022, with a median operating margin of −3.3%. 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 | 63 | weight 30% |
|---|---|---|
| Solidity | 53 | weight 25% |
| Liquidity | 44 | weight 15% |
| Growth | 66 | weight 15% |
| Consistency | 62 | weight 15% |
Durability: 59 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is NOR BAKERI AS?
The operating margin was 5.0% in 2024, against a median of 4.7% among companies in the Morning class Small in the same sector. Return on assets was 20.0%.
How solid is NOR BAKERI AS?
The equity ratio was 46.0% in 2024 (median 43.0%). Debt-to-equity was 1.17 (median 1.23).
What is the liquidity of NOR BAKERI AS like?
The current ratio was 1.65 in 2024 (median 1.76).
How does NOR BAKERI AS compare in Industri?
NOR BAKERI AS ranks 699 of 2,018 in Industri for 2024. Among companies in the Morning class Small it is number 179 of 496. Revenue changed by 12.7% from the year before.
From the Central Coordinating Register
- Org. no.
- 912660788
- Legal form
- AS
- Sector
- Industri (10.710)
- Morning company class
- Small
- Employees
- 31 registered 10 October 2026
- Founded
- 24 October 2013 13 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Økern torgvei 1, 0580 OSLO
- Municipality
- Oslo rank 63–220 of 357 in Norway
- Latest accounts filed
- 2024
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
- Burak Yildiz
- Chair of the board
- Burak Yildiz
- Board member
- Sarboland Sadiq
- Board member
- Asmat Mazhar
- Auditor
- MPR REVISJON AS
- Accountant
- HOVDEN CONSULT AS
Source: Central Coordinating Register, fetched 31 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 30 October 2026.
Year by year · 2022–2024
| Key figure | 2022 | 2023 | 2024 | Trend |
|---|---|---|---|---|
| Index | 86 | 34 | 58 | |
| Rank | 2 | 1,440 | 699 | |
| Operating margin | 2.5% | −3.2% | 5.0% | |
| Return on assets | 8.6% | −12.4% | 20.0% | |
| Equity ratio | 46.9% | 40.2% | 46.0% | |
| Current ratio | 1.70 | 1.35 | 1.65 | |
| Revenue growth | – | 5.6% | 12.7% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2022 | 2023 | 2024 |
|---|---|---|---|
| Operating revenue | 34.8 MNOK | 36.7 MNOK | 41.4 MNOK |
| Operating profit | 0.9 MNOK | −1.2 MNOK | 2.1 MNOK |
| Profit before tax | 0.9 MNOK | −1.2 MNOK | 2.1 MNOK |
| Net profit | 0.6 MNOK | −1.2 MNOK | 1.7 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 10.2 MNOK | 9.1 MNOK | 10.7 MNOK |
| Current assets | 8.0 MNOK | 7.3 MNOK | 9.5 MNOK |
| Equity | 4.8 MNOK | 3.7 MNOK | 4.9 MNOK |
| Retained earnings | 4.8 MNOK | 3.6 MNOK | 4.9 MNOK |
| Total liabilities | 5.4 MNOK | 5.4 MNOK | 5.8 MNOK |
| Current liabilities | 4.7 MNOK | 5.4 MNOK | 5.8 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 6326453.
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