NORBYGG AS

Org. no. 923728902 · SARPSBORG · Founded 1979 · 21 employees

Score · fiscal year 2025

40of 100

How to read this: the company is ahead of 30 % of medium-sized companies in the same sector in 2025. What does this mean?

Rank: 15,178 of 22,713 · Bygg og anlegg

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 46 and solidity 40 out of 100 among medium-sized companies in the same sector in 2025. Methodology

Against the sector

NORBYGG AS is 9 points below the median for medium-sized companies in the same sector in 2025.

Median score 49 among 486 companies.

Against medium-sized companies in the same sector in 2025: operating margin 3.0% (median 4.3%) and equity ratio 27.4% (median 33.2%).

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 revenue321 MNOK170 MNOK
Operating margin 3.0% 4.3% 40 %
Profit margin 3.2% 4.5% shown, not part of the index
Return on assets 10.5% 10.0% 52 %
Equity ratio 27.4% 33.2% 40 %
Debt-to-equity 2.65 2.00 40 %
Current ratio 1.26 1.37 38 %
Revenue growth −24.7% 7.7% 9 %
Revenue per employee15.31 MNOK3.29 MNOK

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 40, NORBYGG AS does better than 30% of medium-sized companies in the same sector (491 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • NORBYGG AS
  • Median: medium-sized companies in the same sector
Analysis · 2025

What the numbers say

NORBYGG AS had an operating margin of 3.0% and an equity ratio of 27.4% in 2025, and ranks 15,178 of 22,713 in Bygg og anlegg.

From 2024 to 2025: revenue fell by 25% and the operating margin fell from 5.8% to 3.0%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 27 MNOK and 80 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 8.0 MNOK 10.0 80 MNOK
EV/EBIT Operating profit: 9.6 MNOK
minus net debt −1.0 MNOK
8.0 78 MNOK
P/B Equity: 27.4 MNOK 1.0 27 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 · 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 2.1%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability46 weight 30%
Solidity40 weight 25%
Liquidity38 weight 15%
Growth9 weight 15%
Consistency64 weight 15%

Durability: 50 (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 NORBYGG AS?

The operating margin was 3.0% in 2025, against a median of 4.3% among medium-sized companies in the same sector. Return on assets was 10.5%.

How solid is NORBYGG AS?

The equity ratio was 27.4% in 2025 (median 33.2%). Debt-to-equity was 2.65 (median 2.00).

What is the liquidity of NORBYGG AS like?

The current ratio was 1.26 in 2025 (median 1.37).

How does NORBYGG AS compare in Bygg og anlegg?

NORBYGG AS ranks 15,178 of 22,713 in Bygg og anlegg for 2025. Among companies of the same size (medium-sized companies) it ranks 344 of 491. Revenue changed by −24.7% from the year before.

From the Central Coordinating Register

Org. no.
923728902
Legal form
AS
Sector
Bygg og anlegg (41.000)
Size tier
medium
Employees
21 registered 10 September 2026
Founded
6 July 1979 47 years in operation
Share capital
0.06 MNOK
Business address
Bjørnstadmyra 12, 1712 GRÅLUM (SARPSBORG)
Municipality
Sarpsborg rank 10 of 10 in KOSTRA group 11
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
Martin Hunsrød
Chair of the board
Atle Solum
Board member
Per Johan Hasselgård
Board member
Kristoffer Gundersen
Board member
Hanne Gundersen
Board member
Evy Jakobsen
Deputy member
Per Aimar Gundersen
Auditor
RE-VISJON AS
Accountant
AZETS INSIGHT 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
Index446640
Rank11,4824,46615,178
Operating margin7.9%5.8%3.0%
Return on assets16.3%27.9%10.5%
Equity ratio20.2%29.7%27.4%
Current ratio1.121.301.26
Revenue growth–65.0%−24.7%

Accounts

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

Key figure202320242025
Operating revenue258.6 MNOK426.6 MNOK321.4 MNOK
Operating profit20.5 MNOK24.7 MNOK9.6 MNOK
Profit before tax21.1 MNOK28.0 MNOK10.3 MNOK
Net profit16.5 MNOK22.2 MNOK8.0 MNOK
Financial expenses0.3 MNOK0.1 MNOK0.1 MNOK
Total assets130.9 MNOK100.5 MNOK100.2 MNOK
Current assets116.6 MNOK91.7 MNOK88.7 MNOK
Equity26.4 MNOK29.9 MNOK27.4 MNOK
Retained earnings10.8 MNOK26.0 MNOK23.5 MNOK
Total liabilities104.5 MNOK70.6 MNOK72.8 MNOK
Current liabilities104.5 MNOK70.5 MNOK70.6 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6692798.

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