Berek AS
Score · fiscal year 2025
72of 100
How to read this: the company is ahead of 91 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?
Rank in the Morning class Micro: 20 of 207 · What are Morning company classes?
Place in the whole sector: 39 of 392 · Finans og forsikring
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 59 and solidity 85 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology
Against the sector
Berek AS is 21 points above the median for companies in the Morning class Micro in the same sector in 2025.
Median score 51 among 207 companies.
Against companies in the Morning class Micro in the same sector in 2025: operating margin 96.8% (median 82.0%) and equity ratio 99.5% (median 91.8%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 9 MNOK | 2 MNOK |
| Operating margin | 96.8% | 82.0% |
| Profit margin | 96.9% | 82.6% |
| Return on assets | 10.8% | 13.8% |
| Equity ratio | 99.5% | 91.8% |
| Debt-to-equity | 0.01 | 0.08 |
| Current ratio | 127.96 | 9.52 |
| Revenue growth | 323.7% | 7.6% |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 72, Berek AS does better than 91% of companies in the Morning class Micro in the same sector (207 companies) in 2025.
Score 2023–2025
- Berek AS
- Median: companies in the Morning class Micro in the same sector
Berek AS has a score of 72 for 2025, rank 39 of 392 in the sector.
Strongest: Growth: percentile 88 against peers, revenue growth 323.7% against a median of 7.6%. Solidity: percentile 85 against peers, equity ratio 99.5% against a median of 91.8%.
No area is clearly below its peers.
Worth a closer look
- The change in operating margin in 2025 was 8.2 percentage points better than for comparable companies: the company +9.8, the industry +1.5 points. That is the company's own, not something that hit the whole industry.
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
The industry or the company: what drove the result?
In 2025 the operating margin of Berek AS rose by 9.8 percentage points. Comparable companies rose by a median 1.5 points. So the company did 8.2 points better than the industry, for reasons of its own.
Over 2 year-to-year changes Berek AS moved the same way as comparable companies 1 times. About 29% of the changes in operating margin were common to the industry; the rest was the company's own.
| Year | The company | Comparable (median) | Change, company | Change, industry | The company's own |
|---|---|---|---|---|---|
| 2024 | 87.0% | 80.5% | −6.5 percentage points | +7.8 percentage points | −14.4 percentage points |
| 2025 | 96.8% | 82.0% | +9.8 percentage points | +1.5 percentage points | +8.2 percentage points |
Comparable companies are those in the same industry and Morning company class. Their change shows what hit the whole industry, the sector drivers below included. The rest is the company's own: contracts, costs, one-off items or operations. The share is approximate, and we claim no cause.
The company and its sector's drivers
Prices, rate and currency that shape the sector's year, year by year beside the operating margin of Berek AS. The figures stand side by side; we claim no cause.
Policy rate (prosent)
Policy rate fell 0.20 percentage points in 2025; the operating margin of Berek AS rose 9.8 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Policy rate, annual average | 0.08 | 1.32 | 3.54 | 4.50 | 4.30 | 4.17 (so far) |
| Change from the year before | −0.28 percentage points | +1.24 percentage points | +2.22 percentage points | +0.96 percentage points | −0.20 percentage points | −0.12 percentage points |
| The company's operating margin | – | – | 93.5% | 87.0% | 96.8% | – |
Source: Norges Bank (IR, NLOD 2.0). Source
Consumer price index (indeks (2025 = 100))
Consumer price index rose 3.0% in 2025; the operating margin of Berek AS rose 9.8 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Consumer price index, annual average | 84.3 | 89.2 | 94.1 | 97.0 | 100.0 | 102.9 (so far) |
| Change from the year before | +3.5% | +5.8% | +5.5% | +3.2% | +3.0% | +2.9% |
| The company's operating margin | – | – | 93.5% | 87.0% | 96.8% | – |
Source: SSB (14710, CC BY 4.0). Source
Wage index: financial services (indeks)
Wage index: financial services rose 4.6% in 2025; the operating margin of Berek AS rose 9.8 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Wage index: financial services, annual average | 87.1 | 90.4 | 94.2 | 98.9 | 103.5 | 107.3 (so far) |
| Change from the year before | +2.9% | +3.8% | +4.1% | +5.0% | +4.6% | +3.7% |
| The company's operating margin | – | – | 93.5% | 87.0% | 96.8% | – |
Source: SSB (12314, CC BY 4.0). Source
We show the drivers and the margin side by side and claim no cause. Sensitivity per company is not computed until we have at least 10 years of accounts per company: with three years such figures are false precision.
What the numbers say
Berek AS had an operating margin of 96.8% and an equity ratio of 99.5% in 2025, and ranks 39 of 392 in Finans og forsikring.
From 2024 to 2025: revenue grew by 324% and the operating margin rose from 87.0% to 96.8%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 30 MNOK and 48 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 12.3 | 30 MNOK |
| EV/EBIT | – | not used in the sector |
| P/B | 1.2 | 48 MNOK |
The listed basis is the value at listed multiples. The estimate is lowered by 51% for an unlisted company: 20% for lack of marketability and 38% for size (a small-company premium of 4% on the cost of equity).
A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. See the calculation
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 96.8% (median 82.0%); Equity ratio 99.5% (median 91.8%); Current ratio 127.96 (median 9.52).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
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 2026, the sector's weakest year, for this company.
The sector's weakest year was 2026, with a median operating margin of −13.5%. Based on the 6 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 59 | weight 30% |
|---|---|---|
| Solidity | 85 | weight 25% |
| Liquidity | 83 | weight 15% |
| Growth | 88 | weight 15% |
| Consistency | 50 | weight 15% |
Durability: 66 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Berek AS?
The operating margin was 96.8% in 2025, against a median of 82.0% among companies in the Morning class Micro in the same sector. Return on assets was 10.8%.
How solid is Berek AS?
The equity ratio was 99.5% in 2025 (median 91.8%). Debt-to-equity was 0.01 (median 0.08).
What is the liquidity of Berek AS like?
The current ratio was 127.96 in 2025 (median 9.52).
How does Berek AS compare in Finans og forsikring?
Berek AS ranks 39 of 392 in Finans og forsikring for 2025. Among companies in the Morning class Micro it is number 20 of 207. Revenue changed by 323.7% from the year before.
From the Central Coordinating Register
- Org. no.
- 917959536
- Legal form
- AS
- Sector
- Finans og forsikring (64.323)
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 25 August 2016 10 years in operation
- Share capital
- 4.72 MNOK
- Business address
- c/o Merete og Frode Strand-Nielsen, Trostefaret 2A, 0786 OSLO
- Municipality
- Oslo rank 63–220 of 357 in Norway
- 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 3 November 2026. Only names are shown.
Shareholders (2025)
- Number of shareholders
- 1 (one owner)
- Largest owner
- 33.3%
- Split
- companies 0% · private persons 33% · foreign 0%
The company is new in the shareholder register in 2025.
Holds shares in: Blue River Invest AS (3%)
The owners' shares do not add up to the company's total number of shares in the source.
Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.
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 31 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 69 | 57 | 72 | |
| Rank | 66 | 124 | 39 | |
| Operating margin | 93.5% | 87.0% | 96.8% | |
| Return on assets | 5.9% | 2.6% | 10.8% | |
| Equity ratio | 99.9% | 99.9% | 99.5% | |
| Current ratio | 711.01 | 703.90 | 127.96 | |
| Revenue growth | – | −52.2% | 323.7% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 4.5 MNOK | 2.2 MNOK | 9.2 MNOK |
| Operating profit | 4.2 MNOK | 1.9 MNOK | 8.9 MNOK |
| Profit before tax | 4.2 MNOK | 1.9 MNOK | 8.9 MNOK |
| Tax expense | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Net profit | 4.2 MNOK | 1.9 MNOK | 8.9 MNOK |
| Financial expenses | – | – | – |
| Total assets | 71.3 MNOK | 73.2 MNOK | 82.0 MNOK |
| Current assets | 43.6 MNOK | 45.5 MNOK | 54.3 MNOK |
| Equity | 71.2 MNOK | 73.1 MNOK | 81.6 MNOK |
| Retained earnings | 29.0 MNOK | 30.9 MNOK | 39.4 MNOK |
| Total liabilities | 0.1 MNOK | 0.1 MNOK | 0.4 MNOK |
| Current liabilities | 0.1 MNOK | 0.1 MNOK | 0.4 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 31 October 2026, accounts id 7025594.
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