BORSERVICE AS

Org. no. 921634226 · MIDT-TELEMARK · Founded 2018

Score · fiscal year 2025

64of 100

How to read this: the company is ahead of 78 % of small companies in the same sector in 2025. What does this mean?

Rank: 8,446 of 38,670 · Handel

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 93 and solidity 28 out of 100 among small companies in the same sector in 2025. Methodology

Against the sector

BORSERVICE AS is 14 points above the median for small companies in the same sector in 2025.

Median score 50 among 36,110 companies.

Against small companies in the same sector in 2025: operating margin 35.1% (median 2.5%) and equity ratio 20.0% (median 38.3%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue1 MNOK3 MNOK
Operating margin 35.1% 2.5% 93 %
Profit margin – 2.2% shown, not part of the index
Return on assets – 4.0% not compared
Equity ratio 20.0% 38.3% 36 %
Debt-to-equity 4.01 0.99 21 %
Current ratio 1.25 1.70 36 %
Revenue growth 2,219.9% 3.5% 99 %

The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 64, BORSERVICE AS does better than 78% of small companies in the same sector (36,579 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • BORSERVICE AS
  • Median: small companies in the same sector
Summary analysis

BORSERVICE AS has a score of 64 for 2025, rank 8,446 of 38,670 in the sector.

Strongest: Growth: percentile 99 against peers, revenue growth 2,219.9% against a median of 3.5%. Profitability: percentile 93 against peers, operating margin 35.1% against a median of 2.5%.

Weakest: Solidity: percentile 28 against peers, equity ratio 20.0% against a median of 38.3%. Liquidity: percentile 36 against peers, current ratio 1.25 against a median of 1.70.

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

BORSERVICE AS had an operating margin of 35.1% and an equity ratio of 20.0% in 2025, and ranks 8,446 of 38,670 in Handel.

From 2024 to 2025: revenue grew by 2,220% and the operating margin rose from 27.3% to 35.1%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 0 MNOK and 5 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.4 MNOK 10.0 4 MNOK
EV/EBIT Operating profit: 0.5 MNOK
minus net debt −0.7 MNOK
8.0 5 MNOK
P/B Equity: 0.4 MNOK 1.0 0 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 · 2025

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.

Data quality

No anomalies found in the figures.

Stress test · 2017

Scenario analysis: the sector's weakest year

We have no accounts for 2017, the sector's weakest year, for this company.

The sector's weakest year was 2017, with a median operating margin of −65.6%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability93 weight 30%
Solidity28 weight 25%
Liquidity36 weight 15%
Growth99 weight 15%
Consistency60 weight 15%

Durability: 43 (average over 3 years)

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

2025

Questions and answers

How profitable is BORSERVICE AS?

The operating margin was 35.1% in 2025, against a median of 2.5% among small companies in the same sector. Return on assets was –.

How solid is BORSERVICE AS?

The equity ratio was 20.0% in 2025 (median 38.3%). Debt-to-equity was 4.01 (median 0.99).

What is the liquidity of BORSERVICE AS like?

The current ratio was 1.25 in 2025 (median 1.70).

How does BORSERVICE AS compare in Handel?

BORSERVICE AS ranks 8,446 of 38,670 in Handel for 2025. Among companies of the same size (small companies) it ranks 7,937 of 36,579. Revenue changed by 2,219.9% from the year before.

From the Central Coordinating Register

Org. no.
921634226
Legal form
AS
Sector
Handel (46.640)
Size tier
small
Employees
0–4 (not registered)
Founded
28 September 2018 8 years in operation
Share capital
0.03 MNOK
Business address
Furutoppen 3, 3801 BØ I TELEMARK (MIDT-TELEMARK)
Municipality
Midt-Telemark rank 29–38 of 38 in KOSTRA group 7
Audit
Audit opted out from 30 October 2018
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

Chief executive
Stian Borgersen
Chair of the board
Stian Borgersen
Accountant
AIDER 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.

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index174964
Rank30,85619,5708,446
Operating margin–27.3%35.1%
Return on assets−11.2%12.0%–
Equity ratio0.9%12.7%20.0%
Current ratio1.011.151.25
Revenue growth––2,219.9%

Accounts

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

Key figure202320242025
Operating revenue–0.1 MNOK1.4 MNOK
Operating profit0.0 MNOK0.0 MNOK0.5 MNOK
Profit before tax0.0 MNOK0.0 MNOK–
Net profit0.0 MNOK0.0 MNOK0.4 MNOK
Financial expenses0.0 MNOK0.0 MNOK–
Total assets0.1 MNOK0.1 MNOK2.1 MNOK
Current assets0.1 MNOK0.1 MNOK2.1 MNOK
Equity0.0 MNOK0.0 MNOK0.4 MNOK
Retained earnings0.0 MNOK0.0 MNOK0.4 MNOK
Total liabilities0.1 MNOK0.1 MNOK1.6 MNOK
Current liabilities0.1 MNOK0.1 MNOK1.6 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6512897.