Plug Bergen AS

Org. no. 921567502 · Bergen · Founded 2018

Score · fiscal year 2024

59of 100

How to read this: the company is ahead of 66 % of companies in the Morning class Medium in the same sector in 2024. What does this mean?

Rank in the Morning class Medium: 581 of 1,723 · What are Morning company classes?
Place in the whole sector: 6,587 of 19,404 · Bygg og anlegg

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 87 and solidity 46 out of 100 among companies in the Morning class Medium in the same sector in 2024. Methodology

Against the sector

Plug Bergen AS is 8 points above the median for companies in the Morning class Medium in the same sector in 2024.

Median score 51 among 1,723 companies.

Against companies in the Morning class Medium in the same sector in 2024: operating margin 51.1% (median 4.6%) and equity ratio 28.7% (median 30.1%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue89 MNOK90 MNOK
Operating margin 51.1% 4.6% 99 %
Profit margin 44.0% 4.6% shown, not part of the index
Return on assets 20.5% 11.8% 74 %
Equity ratio 28.7% 30.1% 46 %
Debt-to-equity 2.49 2.28 45 %
Current ratio 1.14 1.39 23 %
Revenue growth 25.1% 5.7% 77 %

The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 59, Plug Bergen AS does better than 66% of companies in the Morning class Medium in the same sector (1,723 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Plug Bergen AS
  • Median: companies in the Morning class Medium in the same sector
Analysis · 2024

What the numbers say

Plug Bergen AS had an operating margin of 51.1% and an equity ratio of 28.7% in 2024, and ranks 6,587 of 19,404 in Bygg og anlegg.

From 2023 to 2024: the operating margin rose from 44.3% to 51.1% and revenue grew by 25%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 66 MNOK and 304 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 30.4 MNOK 10.0 304 MNOK
EV/EBIT Operating profit: 45.4 MNOK
minus net debt 77.5 MNOK
8.0 285 MNOK
P/B Equity: 65.7 MNOK 1.0 66 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 · 2024

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 25.1% (median 5.7%); Current ratio 1.14 (median 1.39).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 4.8% 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.

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 · 2024

What the score is made of

Profitability87 weight 30%
Solidity46 weight 25%
Liquidity23 weight 15%
Growth77 weight 15%
Consistency42 weight 15%

Durability: 60 (average over 2 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2024

Questions and answers

How profitable is Plug Bergen AS?

The operating margin was 51.1% in 2024, against a median of 4.6% among companies in the Morning class Medium in the same sector. Return on assets was 20.5%.

How solid is Plug Bergen AS?

The equity ratio was 28.7% in 2024 (median 30.1%). Debt-to-equity was 2.49 (median 2.28).

What is the liquidity of Plug Bergen AS like?

The current ratio was 1.14 in 2024 (median 1.39).

How does Plug Bergen AS compare in Bygg og anlegg?

Plug Bergen AS ranks 6,587 of 19,404 in Bygg og anlegg for 2024. Among companies in the Morning class Medium it is number 581 of 1,723. Revenue changed by 25.1% from the year before.

From the Central Coordinating Register

Org. no.
921567502
Legal form
AS
Sector
Bygg og anlegg (43.210)
Morning company class
Medium
Employees
0–4 (not registered)
Founded
9 November 2018 7 years in operation
Share capital
50.00 MNOK
Business address
Solheimsgaten 5, 5058 BERGEN
Municipality
Bergen rank 8 of 11 in KOSTRA group 12
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 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.

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index625955
Rank6,0776,5878,125
Operating margin44.3%51.1%47.8%
Return on assets15.2%20.5%21.4%
Equity ratio28.5%28.7%30.6%
Current ratio2.491.141.03
Revenue growth–25.1%7.0%

Accounts

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

Key figure202320242025
Operating revenue71.0 MNOK88.8 MNOK95.0 MNOK
Operating profit31.5 MNOK45.4 MNOK45.4 MNOK
Profit before tax24.6 MNOK39.0 MNOK40.0 MNOK
Net profit19.2 MNOK30.4 MNOK31.2 MNOK
Financial expenses7.7 MNOK7.9 MNOK6.7 MNOK
Total assets212.0 MNOK229.2 MNOK218.4 MNOK
Current assets45.4 MNOK52.3 MNOK50.7 MNOK
Equity60.3 MNOK65.7 MNOK66.9 MNOK
Retained earnings10.3 MNOK15.7 MNOK16.9 MNOK
Total liabilities151.7 MNOK163.5 MNOK151.5 MNOK
Current liabilities18.2 MNOK46.0 MNOK49.4 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6057653.