BILGÅRDEN AS

Org. no. 921779992 · RINGERIKE · Founded 2018

Score · fiscal year 2025

21of 100

How to read this: the company is ahead of 5 % of medium-sized companies in the same sector in 2025. What does this mean?

Rank: 34,062 of 38,671 · Handel

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 18 and solidity 11 out of 100 among medium-sized companies in the same sector in 2025. Methodology

Against the sector

BILGÅRDEN AS is 28 points below the median for medium-sized companies in the same sector in 2025.

Median score 49 among 2,198 companies.

Against medium-sized companies in the same sector in 2025: operating margin 0.4% (median 3.2%) and equity ratio 11.0% (median 32.6%).

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 revenue105 MNOK173 MNOK
Operating margin 0.4% 3.2% 16 %
Profit margin −0.3% 3.2% shown, not part of the index
Return on assets 2.8% 11.6% 19 %
Equity ratio 11.0% 32.6% 12 %
Debt-to-equity 8.07 2.03 10 %
Current ratio 1.11 1.38 26 %
Revenue growth 1.5% 6.8% 30 %

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

With an index of 21, BILGÅRDEN AS does better than 5% of medium-sized companies in the same sector (2,203 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • BILGÅRDEN AS
  • Median: medium-sized companies in the same sector
Summary analysis

BILGÅRDEN AS has a score of 21 for 2025, rank 34,062 of 38,671 in the sector.

Strongest: Growth: percentile 30 against peers, revenue growth 1.5% against a median of 6.8%.

Weakest: Solidity: percentile 11 against peers, equity ratio 11.0% against a median of 32.6%. Profitability: percentile 18 against peers, operating margin 0.4% against a median of 3.2%.

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

BILGÅRDEN AS had an operating margin of 0.4% and an equity ratio of 11.0% in 2025, and ranks 34,062 of 38,671 in Handel.

From 2024 to 2025: went from a profit to a loss before tax.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 2 MNOK and 3 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −0.2 MNOK 10.0 not meaningful
EV/EBIT Operating profit: 0.4 MNOK
minus net debt 0.2 MNOK
8.0 3 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 · 2025

Worth a closer look

  • watch

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin −0.3% (median 3.2%).

  • 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 0.4% (median 3.2%).

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

Profitability18 weight 30%
Solidity11 weight 25%
Liquidity26 weight 15%
Growth30 weight 15%
Consistency30 weight 15%

Durability: 30 (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 BILGÅRDEN AS?

The operating margin was 0.4% in 2025, against a median of 3.2% among medium-sized companies in the same sector. Return on assets was 2.8%. The company made a loss before tax.

How solid is BILGÅRDEN AS?

The equity ratio was 11.0% in 2025 (median 32.6%). Debt-to-equity was 8.07 (median 2.03).

What is the liquidity of BILGÅRDEN AS like?

The current ratio was 1.11 in 2025 (median 1.38).

How does BILGÅRDEN AS compare in Handel?

BILGÅRDEN AS ranks 34,062 of 38,671 in Handel for 2025. Among companies of the same size (medium-sized companies) it ranks 2,102 of 2,203. Revenue changed by 1.5% from the year before.

From the Central Coordinating Register

Org. no.
921779992
Legal form
AS
Sector
Handel (47.810)
Size tier
medium
Employees
0–4 (not registered)
Founded
8 November 2018 7 years in operation
Share capital
2.00 MNOK
Business address
Dronning Åstas gate 16, 3511 HØNEFOSS (RINGERIKE)
Municipality
Ringerike rank 5–12 of 13 in KOSTRA group 10
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
Sander Nordeng
Chair of the board
Morten Pettersen
Board member
Herman Eugen Røhrt
Auditor
HVERVEN REVISJON AS
Accountant
HETOR REGNSKAPSSERVICE AS
Accountant
SPAREBANK 1 ØKONOMIHUSET AS

Source: Central Coordinating Register, fetched 25 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
Index304121
Rank27,32325,07334,062
Operating margin0.3%2.4%0.4%
Return on assets1.3%15.4%2.8%
Equity ratio10.7%12.4%11.0%
Current ratio1.091.111.11
Revenue growth–38.3%1.5%

Accounts

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

Key figure202320242025
Operating revenue74.7 MNOK103.3 MNOK104.8 MNOK
Operating profit0.2 MNOK2.5 MNOK0.4 MNOK
Profit before tax−0.2 MNOK1.7 MNOK−0.3 MNOK
Net profit−0.2 MNOK1.3 MNOK−0.2 MNOK
Financial expenses0.5 MNOK0.8 MNOK0.7 MNOK
Total assets17.1 MNOK16.1 MNOK16.3 MNOK
Current assets14.7 MNOK13.6 MNOK15.6 MNOK
Equity1.8 MNOK2.0 MNOK1.8 MNOK
Retained earnings−0.2 MNOK0.0 MNOK−0.2 MNOK
Total liabilities15.2 MNOK14.1 MNOK14.5 MNOK
Current liabilities13.5 MNOK12.2 MNOK14.0 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6985496.