Bunor AS

Org. no. 924926937 · Grimstad · Founded 2020 · 17 employees

Score · fiscal year 2023

38of 100

How to read this: the company is ahead of 31 % of companies in the Morning class Small in the same sector in 2023. What does this mean?

Rank in the Morning class Small: 3,548 of 5,108 · What are Morning company classes?
Place in the whole sector: 12,497 of 18,347 · Bygg og anlegg

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 38 and solidity 33 out of 100 among companies in the Morning class Small in the same sector in 2023. Methodology

Against the sector

Bunor AS is 13 points below the median for companies in the Morning class Small in the same sector in 2023.

Median score 51 among 5,108 companies.

Against companies in the Morning class Small in the same sector in 2023: operating margin 1.7% (median 5.0%) and equity ratio 24.7% (median 34.1%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue28 MNOK19 MNOK
Operating margin 1.7% 5.0% 30 %
Profit margin 1.7% 4.7% shown, not part of the index
Return on assets 10.2% 11.6% 46 %
Equity ratio 24.7% 34.1% 35 %
Debt-to-equity 3.06 1.80 31 %
Current ratio 1.33 1.46 40 %
Revenue growth – 3.3% not compared
Revenue per employee1.62 MNOK1.66 MNOK

The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 38, Bunor AS does better than 31% of companies in the Morning class Small in the same sector (5,108 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Bunor AS
  • Median: companies in the Morning class Small in the same sector
Analysis · 2023

What the numbers say

Bunor AS had an operating margin of 1.7% and an equity ratio of 24.7% in 2023, and ranks 12,497 of 18,347 in Bygg og anlegg.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 1 MNOK and 4 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.4 MNOK 10.0 4 MNOK
EV/EBIT Operating profit: 0.5 MNOK
minus net debt −0.1 MNOK
8.0 4 MNOK
P/B Equity: 1.2 MNOK 1.0 1 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 · 2023

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 0.2% of the debt in 2023. The policy rate averaged 3.54 % 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 · 2023

What the score is made of

Profitability38 weight 30%
Solidity33 weight 25%
Liquidity40 weight 15%
Growth– no data, left out
Consistency44 weight 15%

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

2023

Questions and answers

How profitable is Bunor AS?

The operating margin was 1.7% in 2023, against a median of 5.0% among companies in the Morning class Small in the same sector. Return on assets was 10.2%.

How solid is Bunor AS?

The equity ratio was 24.7% in 2023 (median 34.1%). Debt-to-equity was 3.06 (median 1.80).

What is the liquidity of Bunor AS like?

The current ratio was 1.33 in 2023 (median 1.46).

How does Bunor AS compare in Bygg og anlegg?

Bunor AS ranks 12,497 of 18,347 in Bygg og anlegg for 2023. Among companies in the Morning class Small it is number 3,548 of 5,108.

From the Central Coordinating Register

Org. no.
924926937
Legal form
AS
Sector
Bygg og anlegg (41.000)
Morning company class
Small
Employees
17 registered 10 October 2026
Founded
1 April 2020 6 years in operation
Share capital
0.03 MNOK
Business address
Reddal 131, 4886 GRIMSTAD
Municipality
Grimstad rank 7–18 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

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.

Report an issue

Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index382236
Rank12,49717,15715,060
Operating margin1.7%2.4%2.3%
Return on assets10.2%5.0%9.1%
Equity ratio24.7%9.7%0.4%
Current ratio1.331.111.02
Revenue growth–−28.1%65.7%

Accounts

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

Key figure202320242025
Operating revenue27.6 MNOK19.8 MNOK32.8 MNOK
Operating profit0.5 MNOK0.5 MNOK0.7 MNOK
Profit before tax0.5 MNOK0.3 MNOK0.5 MNOK
Net profit0.4 MNOK0.2 MNOK0.4 MNOK
Financial expenses0.0 MNOK0.2 MNOK0.3 MNOK
Total assets4.8 MNOK10.1 MNOK8.4 MNOK
Current assets4.8 MNOK10.1 MNOK8.4 MNOK
Equity1.2 MNOK1.0 MNOK0.0 MNOK
Retained earnings1.2 MNOK1.0 MNOK0.0 MNOK
Total liabilities3.6 MNOK9.1 MNOK8.4 MNOK
Current liabilities3.6 MNOK9.1 MNOK8.3 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5157457.