AARVIKGRUPPEN AS

Org. no. 923553045 · BJØRNAFJORDEN · Founded 2019

Score · fiscal year 2024

59of 100

How to read this: the company is ahead of 67 % of small companies in the same sector in 2024. What does this mean?

Rank: 10,267 of 31,119 · 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 62 and solidity 42 out of 100 among small companies in the same sector in 2024. Methodology

Against the sector

AARVIKGRUPPEN AS is 9 points above the median for small companies in the same sector in 2024.

Median score 50 among 30,023 companies.

Against small companies in the same sector in 2024: operating margin 11.2% (median 3.8%) and equity ratio 34.5% (median 36.8%).

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 revenue5 MNOK3 MNOK
Operating margin 11.2% 3.8% 74 %
Profit margin 56.7% 3.4% shown, not part of the index
Return on assets 5.6% 5.8% 49 %
Equity ratio 34.5% 36.8% 48 %
Debt-to-equity 1.89 1.19 37 %
Current ratio 5.19 1.45 88 %
Revenue growth – 1.8% not compared

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

With an index of 59, AARVIKGRUPPEN AS does better than 67% of small companies in the same sector (30,094 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • AARVIKGRUPPEN AS
  • Median: small companies in the same sector
Analysis · 2024

What the numbers say

AARVIKGRUPPEN AS had an operating margin of 11.2% and an equity ratio of 34.5% in 2024, and ranks 10,267 of 31,119 in Bygg og anlegg.

No large changes in the key figures from 2023 to 2024.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 23 MNOK and 30 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 2.3 MNOK 10.0 23 MNOK
EV/EBIT Operating profit: 0.6 MNOK
minus net debt 55.6 MNOK
8.0 debt above value
P/B Equity: 30.1 MNOK 1.0 30 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

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 3.6% 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.

Data quality

No anomalies found in the figures.

Stress test · 2022

Scenario analysis: the sector's weakest year

We have no accounts for 2022, the sector's weakest year, for this company.

The sector's weakest year was 2022, with a median operating margin of 2.4%. 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

Profitability62 weight 30%
Solidity42 weight 25%
Liquidity88 weight 15%
Growth– no data, left out
Consistency50 weight 15%

Durability: 54 (average over 2 years)

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

2024

Questions and answers

How profitable is AARVIKGRUPPEN AS?

The operating margin was 11.2% in 2024, against a median of 3.8% among small companies in the same sector. Return on assets was 5.6%.

How solid is AARVIKGRUPPEN AS?

The equity ratio was 34.5% in 2024 (median 36.8%). Debt-to-equity was 1.89 (median 1.19).

What is the liquidity of AARVIKGRUPPEN AS like?

The current ratio was 5.19 in 2024 (median 1.45).

How does AARVIKGRUPPEN AS compare in Bygg og anlegg?

AARVIKGRUPPEN AS ranks 10,267 of 31,119 in Bygg og anlegg for 2024. Among companies of the same size (small companies) it ranks 9,927 of 30,094.

Group accounts · 2025

44 of 100

Rank 750 of 1210 groups with group accounts. Groups are ranked only against each other, not against single companies.

Key figures in the group accounts against the company's own accounts
Key figureThe groupThe company alone (2024)
Operating margin4.0% –
Return on assets7.0% –
Equity ratio19.4% –
Current ratio2.08 –
Revenue growth20.4% –

Group index in earlier years: 2023: 22 (1385 of 1541), 2024: 46 (719 of 1235).

Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.

Source: Brønnøysund Register Centre, group accounts 2025 (open data, NLOD 2.0).

We do not show the group structure, because open data does not say who owns whom.

From the Central Coordinating Register

Org. no.
923553045
Legal form
AS
Sector
Bygg og anlegg (41.000)
Size tier
small
Employees
0–4 (not registered)
Founded
11 September 2019 7 years in operation
Share capital
0.20 MNOK
Business address
Industrivegen 51, 5210 OS (BJØRNAFJORDEN)
Municipality
Bjørnafjorden rank 1 of 27 in KOSTRA group 9
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
Vegard Tvedten Borgen
Chair of the board
Sindre Søndenå Andersen
Board member
Bjarte Aarvik
Board member
Kjell Bjarne Aarvik
Board member
Kjetil Aarvik
Board member
Gunnar Utskot
Auditor
BERGEN REVISJON 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
Index505938
Rank14,68310,26723,231
Operating margin–11.2%−5.0%
Return on assets3.1%5.6%3.9%
Equity ratio36.0%34.5%34.5%
Current ratio19.905.190.00
Revenue growth––13.2%

Accounts

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

Key figure202320242025
Operating revenue–4.9 MNOK5.6 MNOK
Operating profit−0.1 MNOK0.6 MNOK−0.3 MNOK
Profit before tax0.6 MNOK2.8 MNOK0.7 MNOK
Net profit0.5 MNOK2.3 MNOK0.5 MNOK
Financial expenses1.8 MNOK2.0 MNOK2.8 MNOK
Total assets77.2 MNOK87.2 MNOK88.9 MNOK
Current assets1.9 MNOK5.4 MNOK0.0 MNOK
Equity27.8 MNOK30.1 MNOK30.7 MNOK
Retained earnings0.5 MNOK2.8 MNOK3.3 MNOK
Total liabilities49.5 MNOK57.1 MNOK58.2 MNOK
Current liabilities0.1 MNOK1.0 MNOK1.0 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6305395.

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