BK Oncode AS
Not financial advice. The index, rank, signals and advice are rule-based indications from the latest filed annual accounts. They are not a credit rating, an assessment of management or a recommendation to buy, sell or do business with the company. Read more
Key facts
Is the company run well?
Five key figures against companies in the Morning class Small in the same sector. Green is better than most, amber about like the industry and red weaker than most.
- Profitability · operating margin −10.4% Weaker than the industry Industry: 5.0%
- Returns · return on assets −17.6% Weaker than the industry Industry: 9.7%
- Solidity · equity ratio −16.7% Weaker than the industry Industry: 34.2%
- Liquidity · current ratio 0.95 Weaker than the industry Industry: 1.34
- Growth · revenue growth 137.0% Better than the industry Industry: 7.8%
The mark comes from the company's place among comparable companies (percentile): green from 60, amber from 40, red below 40. Negative equity, an operating loss and a current ratio under 1 pull it down regardless. Methodology
Score · fiscal year 2024
22of 100
How to read this: the company is ahead of 6 % of companies in the Morning class Small in the same sector in 2024. What does this mean?
Rank in the Morning class Small: 1,379 of 1,472 · What are Morning company classes?
Place in the whole sector: 6,430 of 6,994 · Informasjon og kommunikasjon
Profile
Beaver · Builder
Lower profitability, lower resilience
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 14 and resilience 6 out of 100 among companies in the Morning class Small in the same sector in 2024. Methodology
Against the sector
BK Oncode AS is 29 points below the median for companies in the Morning class Small in the same sector in 2024.
Median score 51 among 1,472 companies.
Against companies in the Morning class Small in the same sector in 2024: operating margin −10.4% (median 5.0%) and equity ratio −16.7% (median 34.2%).
How it has gone · 2023–2025
Revenue rose by 152 % from 2023 to 2025, to 10.8 MNOK. The operating margin rose from −1.9% in 2023 to 4.8% in 2025. The equity ratio fell from 31.1% in 2023 to −12.4% in 2025.
Amounts in the reporting currency. The full year-by-year table is further down under «Details». See every figure year by year
Accounts in short
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 4.3 MNOK | 10.2 MNOK | 10.8 MNOK |
| Operating profit | −0.1 MNOK | −1.1 MNOK | 0.5 MNOK |
| Net profit | −0.1 MNOK | −1.5 MNOK | 0.2 MNOK |
| Total assets | 1.6 MNOK | 6.0 MNOK | 6.8 MNOK |
| Equity | 0.5 MNOK | −1.0 MNOK | −0.8 MNOK |
| Total liabilities | 1.1 MNOK | 7.0 MNOK | 7.6 MNOK |
From the Brønnøysund Register Centre, in the company's reporting currency (NOK). See every figure year by year
From the Central Coordinating Register
- Org. no.
- 918887520
- Legal form
- AS
- Sector
- Informasjon og kommunikasjon (62.100)
- Purpose
- Produksjon av nettsidersider, nettbutikker, grafisk materiell, utviklings/programmerings tjenester og databaseløsninger, salg av datautstyr og programvare og virksomhet som står i sammenheng med dette.
- Morning company class
- Small
- Employees
- 7 registered 10 October 2026
- Founded
- 20 March 2017 9 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Grilstadvegen 2M, 7060 CHARLOTTENLUND (TRONDHEIM)
- Municipality
- Trondheim rank 3 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
- VAT registered
- Yes
- Former names
- BK Aktiweb AS until 2023, Aktiweb AS until 2023
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
Worth a closer look
- critical
Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?
Based on: Equity ratio −16.7% (median 34.2%).
- critical
The operating result does not cover the financial costs. How will the debt be serviced, and what do the lenders say?
Based on: Interest coverage (times) −3.0 (median 7.9); Financial costs as a share of debt 5.0% (median 1.0%).
- watch
Consider strengthening liquidity: current liabilities are 1.1 times current assets.
Based on: Current ratio 0.95 (median 1.34).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −13.7% (median 5.1%).
- watch
The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin −10.4% (median 5.0%).
- 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 137.0% (median 7.8%); Current ratio 0.95 (median 1.34).
- watch
Current liabilities exceed current assets other than bank deposits, and the current ratio is weak. Is it customer prepayments and supplier credit that fund the operations, or short-term loans that must be renewed?
Based on: Net working capital to revenue −10.7% (median −8.8%); Current ratio 0.95 (median 1.34).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 5.0% 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
- critical Negative equity
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 4.1%. Based on the 8 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 14 | weight 40% |
|---|---|---|
| Solidity | 0 | weight 20% |
| Liquidity | 22 | weight 5% |
| Growth | 56 | weight 25% |
| Consistency | 9 | weight 10% |
Three goals: profitability 40%, growth 25%, resilience 35%. Why these weights?
Durability: 28 (average over 2 years)
Index version 3. Data completeness 100%: the share of the weights that had data.
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 10 MNOK | 20 MNOK |
| Operating margin | −10.4% | 5.0% |
| Profit margin | −13.7% | 5.1% |
| Return on assets | −17.6% | 9.7% |
| Equity ratio | −16.7% | 34.2% |
| Debt-to-equity | – | 1.64 |
| Current ratio | 0.95 | 1.34 |
| Revenue growth | 137.0% | 7.8% |
| Revenue per employee | 1.45 MNOK | 1.88 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 22, BK Oncode AS does better than 6% of companies in the Morning class Small in the same sector (1,472 companies) in 2024.
Score 2023–2025
- BK Oncode AS
- Median: companies in the Morning class Small in the same sector
Working capital and debt
| Measure | Company | Median | |
|---|---|---|---|
| Working capital | |||
| Receivable days All current receivables, including those on group companies, in days of revenue. |
40 days | 72 days | |
| Inventory and other current assets, days Current assets other than receivables and bank deposits, that is inventory and short-term investments, in days of revenue. |
0 days | 0 days | |
| Net working capital to revenue Current assets less bank deposits less current liabilities, divided by revenue. Negative: short-term debt funds the operations. |
−10.7% | −8.8% | |
| Cash share of current assets How much of the short-term buffer is bank deposits and cash. |
46.4% | 41.9% | |
| Debt and interest burden | |||
| Interest coverage (times) Operating result divided by all financial costs. Below 1: operations do not cover the cost of the debt. |
−3.0 | 7.9 | |
| Financial costs as a share of debt All financial costs (interest, currency losses and other) divided by all debt, interest-free debt included. Not an interest rate. |
5.0% | 1.0% | |
| Long-term share of debt Long-term debt as a share of all debt. A low share means more falls due within a year. |
68.3% | 0.0% | |
The operating result is negative, so the interest coverage is negative: operations cover none of the financial costs.
Net working capital (current assets less bank deposits less current liabilities): −1.1 MNOK.
Of the financial costs of 0.3 MNOK, 0.3 MNOK is reported as interest costs in the accounts.
The median and the bar refer to companies in the Morning class Small in the same sector in 2024. The bar shows the share of the group with a lower figure: higher is not always better, long receivable days tie up capital, for example. These figures do not count in the score.
What the numbers say
BK Oncode AS had an operating margin of −10.4% and an equity ratio of −16.7% in 2024, and ranks 6,430 of 6,994 in Informasjon og kommunikasjon.
From 2023 to 2024: revenue grew by 137% and the equity ratio fell from 31.1% to −16.7%.
This text is generated automatically from the 2024 accounts.
Three simple methods
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 18.0 | not meaningful |
| EV/EBIT | 14.9 | not meaningful |
| P/B | 3.6 | not meaningful |
The multiples are from the listed industry that matches the NACE code (62): Computer Services.
Not financial advice. The value range is a rough model estimate from listed-company multiples, not a valuation, a price target or a price offer. The actual value may differ greatly. Read more
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
Questions and answers
How profitable is BK Oncode AS?
The operating margin was −10.4% in 2024, against a median of 5.0% among companies in the Morning class Small in the same sector. Return on assets was −17.6%. The company made a loss before tax.
How solid is BK Oncode AS?
The equity ratio was −16.7% in 2024 (median 34.2%). Equity is negative, so liabilities exceed assets.
What is the liquidity of BK Oncode AS like?
The current ratio was 0.95 in 2024 (median 1.34). Current assets did not cover current liabilities.
How does BK Oncode AS compare in Informasjon og kommunikasjon?
BK Oncode AS ranks 6,430 of 6,994 in Informasjon og kommunikasjon for 2024. Among companies in the Morning class Small it is number 1,379 of 1,472. Revenue changed by 137.0% from the year before.
Ownership and roles
Loading roles …
Source: Central Coordinating Register, fetched 1 November 2026. Only names are shown.
Shareholders (2025)
- Number of shareholders
- 2
- Largest owner
- 50.0%
- Split
- companies 100% · private persons 0% · foreign 0%
- Owned from the same municipality
- 0%
- Emperorhill Holding AS · 50.0%
- BK Holding AS · 50.0%
The company is new in the shareholder register in 2025.
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.
Is this your company? Suggest changes or add information
Figures last fetched 7 November 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 34 | 22 | 38 | |
| Rank | 4,850 | 6,430 | 5,416 | |
| Operating margin | −1.9% | −10.4% | 4.8% | |
| Return on assets | −5.1% | −17.6% | 7.7% | |
| Equity ratio | 31.1% | −16.7% | −12.4% | |
| Current ratio | 1.37 | 0.95 | 0.87 | |
| Revenue growth | – | 137.0% | 6.5% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 4.3 MNOK | 10.2 MNOK | 10.8 MNOK |
| Operating profit | −0.1 MNOK | −1.1 MNOK | 0.5 MNOK |
| Profit before tax | −0.1 MNOK | −1.4 MNOK | 0.2 MNOK |
| Tax expense | 0.0 MNOK | 0.1 MNOK | 0.0 MNOK |
| Net profit | −0.1 MNOK | −1.5 MNOK | 0.2 MNOK |
| Financial expenses | 0.0 MNOK | 0.3 MNOK | 0.4 MNOK |
| Total assets | 1.6 MNOK | 6.0 MNOK | 6.8 MNOK |
| Current assets | 1.5 MNOK | 2.1 MNOK | 3.4 MNOK |
| Equity | 0.5 MNOK | −1.0 MNOK | −0.8 MNOK |
| Retained earnings | 0.5 MNOK | −1.0 MNOK | −0.9 MNOK |
| Total liabilities | 1.1 MNOK | 7.0 MNOK | 7.6 MNOK |
| Current liabilities | 1.1 MNOK | 2.2 MNOK | 3.9 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 7 November 2026, accounts id 5642053.
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News and announcements
- 1 September 2026 Ny forretningsadresse (opens in a new tab) Source: Brønnøysundregistrene
From official sources: the Brønnøysund Register Centre, Oslo Børs NewsWeb and public agencies. We show the title, date and a link to the source. The link to a company, sector or municipality is automatic and may be wrong. Report a wrong link