BUMA AS

Org. no. 919565187 · RÆLINGEN · Founded 2017 · 47 employees

Score · fiscal year 2023

49of 100

How to read this: the company is ahead of 46 % of companies in the Morning class Small in the same sector in 2023. What does this mean?

Rank in the Morning class Small: 2,772 of 5,114 · What are Morning company classes?
Place in the whole sector: 9,733 of 18,403 · Bygg og anlegg

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 74 and solidity 36 out of 100 among companies in the Morning class Small in the same sector in 2023. Methodology

Against the sector

BUMA AS is 2 points below the median for companies in the Morning class Small in the same sector in 2023.

Median score 51 among 5,114 companies.

Against companies in the Morning class Small in the same sector in 2023: operating margin 7.3% (median 5.0%) and equity ratio 26.9% (median 34.1%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue25 MNOK19 MNOK
Operating margin 7.3% 5.0% 63 %
Profit margin 7.4% 4.7% shown, not part of the index
Return on assets 28.5% 11.6% 85 %
Equity ratio 26.9% 34.1% 38 %
Debt-to-equity 2.71 1.80 35 %
Current ratio 1.11 1.46 22 %
Revenue growth – 3.3% not compared
Revenue per employee0.53 MNOK1.66 MNOK

The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 49, BUMA AS does better than 46% of companies in the Morning class Small in the same sector (5,114 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • BUMA AS
  • Median: companies in the Morning class Small in the same sector
Analysis · 2023

What the numbers say

BUMA AS had an operating margin of 7.3% and an equity ratio of 26.9% in 2023, and ranks 9,733 of 18,403 in Bygg og anlegg.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 2 MNOK and 19 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 1.4 MNOK 10.0 14 MNOK
EV/EBIT Operating profit: 1.8 MNOK
minus net debt −4.0 MNOK
8.0 19 MNOK
P/B Equity: 1.8 MNOK 1.0 2 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 · 2023

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 0.5% of the debt in 2023. The policy rate averaged 3.54 % 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 · 2023

What the score is made of

Profitability74 weight 30%
Solidity36 weight 25%
Liquidity22 weight 15%
Growth– no data, left out
Consistency44 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2023

Questions and answers

How profitable is BUMA AS?

The operating margin was 7.3% in 2023, against a median of 5.0% among companies in the Morning class Small in the same sector. Return on assets was 28.5%.

How solid is BUMA AS?

The equity ratio was 26.9% in 2023 (median 34.1%). Debt-to-equity was 2.71 (median 1.80).

What is the liquidity of BUMA AS like?

The current ratio was 1.11 in 2023 (median 1.46).

How does BUMA AS compare in Bygg og anlegg?

BUMA AS ranks 9,733 of 18,403 in Bygg og anlegg for 2023. Among companies in the Morning class Small it is number 2,772 of 5,114.

From the Central Coordinating Register

Org. no.
919565187
Legal form
AS
Sector
Bygg og anlegg (43.340)
Morning company class
Small
Employees
47 registered 10 October 2026
Founded
2 August 2017 9 years in operation
Share capital
0.15 MNOK
Business address
Hammarsvegen 50, 2008 FJERDINGBY (RÆLINGEN)
Municipality
Rælingen rank 7–37 of 38 in KOSTRA group 7
Latest accounts filed
2025
Website
buma.no

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
Rafal Jan Kawula
Chair of the board
Rafal Jan Kawula
Board member
Marcin Piotr Hanusiak
Board member
Katarzyna Danuta Kawula
Board member
Anna Malgorzata Hanusiak
Auditor
INSIGNIS AS
Accountant
NOVUM ØKONOMI AS
Accountant
MTA GROUP 2 AS

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.

Report an issue

Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index493972
Rank9,73313,7512,450
Operating margin7.3%1.3%10.3%
Return on assets28.5%5.0%35.0%
Equity ratio26.9%23.3%41.3%
Current ratio1.111.181.64
Revenue growth–24.1%39.7%

Accounts

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

Key figure202320242025
Operating revenue24.9 MNOK30.9 MNOK43.1 MNOK
Operating profit1.8 MNOK0.4 MNOK4.5 MNOK
Profit before tax1.8 MNOK0.4 MNOK4.5 MNOK
Net profit1.4 MNOK0.3 MNOK3.3 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.1 MNOK
Total assets6.5 MNOK9.0 MNOK13.1 MNOK
Current assets5.3 MNOK8.1 MNOK12.6 MNOK
Equity1.8 MNOK2.1 MNOK5.4 MNOK
Retained earnings1.6 MNOK1.9 MNOK5.3 MNOK
Total liabilities4.8 MNOK6.9 MNOK7.7 MNOK
Current liabilities4.8 MNOK6.9 MNOK7.7 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5209203.