BOXNOR AS

Org. no. 926403443 · OSLO · Founded 2021

Score · fiscal year 2025

61of 100

How to read this: the company is ahead of 70 % of companies in the Morning class Small in the same sector in 2025. What does this mean?

Rank in the Morning class Small: 2,201 of 7,421 · What are Morning company classes?
Place in the whole sector: 6,720 of 23,059 · 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 30 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology

Against the sector

BOXNOR AS is 10 points above the median for companies in the Morning class Small in the same sector in 2025.

Median score 51 among 7,421 companies.

Against companies in the Morning class Small in the same sector in 2025: operating margin 13.5% (median 3.4%) and equity ratio 21.8% (median 36.3%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 27 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue23 MNOK20 MNOK
Operating margin 13.5% 3.4% 90 %
Profit margin 13.4% 3.0% shown, not part of the index
Return on assets 51.4% 10.0% 97 %
Equity ratio 21.8% 36.3% 33 %
Debt-to-equity 3.58 1.52 28 %
Current ratio 1.28 1.73 30 %
Revenue growth 45.1% 5.7% 90 %

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

With an index of 61, BOXNOR AS does better than 70% of companies in the Morning class Small in the same sector (7,421 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • BOXNOR AS
  • Median: companies in the Morning class Small in the same sector
Summary analysis

BOXNOR AS has a score of 61 for 2025, rank 6,720 of 23,059 in the sector.

Strongest: Profitability: percentile 93 against peers, operating margin 13.5% against a median of 3.4%. Growth: percentile 90 against peers, revenue growth 45.1% against a median of 5.7%.

Weakest: Liquidity: percentile 30 against peers, current ratio 1.28 against a median of 1.73. Solidity: percentile 30 against peers, equity ratio 21.8% against a median of 36.3%.

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

BOXNOR AS had an operating margin of 13.5% and an equity ratio of 21.8% in 2025, and ranks 6,720 of 23,059 in Handel.

From 2024 to 2025: revenue grew by 45% and the operating margin rose from 4.8% to 13.5%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 1 MNOK and 28 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 2.4 MNOK 10.0 24 MNOK
EV/EBIT Operating profit: 3.1 MNOK
minus net debt −3.3 MNOK
8.0 28 MNOK
P/B Equity: 1.3 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 · 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.

Financial costs were 2.0% of the debt in 2025. The policy rate averaged 4.30 % 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 · 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 1.5%. 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%
Solidity30 weight 25%
Liquidity30 weight 15%
Growth90 weight 15%
Consistency48 weight 15%

Durability: 53 (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 BOXNOR AS?

The operating margin was 13.5% in 2025, against a median of 3.4% among companies in the Morning class Small in the same sector. Return on assets was 51.4%.

How solid is BOXNOR AS?

The equity ratio was 21.8% in 2025 (median 36.3%). Debt-to-equity was 3.58 (median 1.52).

What is the liquidity of BOXNOR AS like?

The current ratio was 1.28 in 2025 (median 1.73).

How does BOXNOR AS compare in Handel?

BOXNOR AS ranks 6,720 of 23,059 in Handel for 2025. Among companies in the Morning class Small it is number 2,201 of 7,421. Revenue changed by 45.1% from the year before.

From the Central Coordinating Register

Org. no.
926403443
Legal form
AS
Sector
Handel (46.640)
Morning company class
Small
Employees
0–4 (not registered)
Founded
26 January 2021 5 years in operation
Share capital
0.10 MNOK
Business address
Karihaugveien 89, 1086 OSLO
Municipality
Oslo rank 63–220 of 357 in Norway
Latest accounts filed
2025
Website
www.boxnor.no

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
Zekir Kamburce
Chair of the board
Zekir Kamburce
Deputy member
Albiona Kamburce
Auditor
ICI 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.

Report an issue

Figures last fetched 27 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index396061
Rank13,8517,0836,720
Operating margin3.5%4.8%13.5%
Return on assets16.5%23.9%51.4%
Equity ratio18.7%30.1%21.8%
Current ratio1.231.431.28
Revenue growth–20.7%45.1%

Accounts

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

Key figure202320242025
Operating revenue12.9 MNOK15.5 MNOK22.6 MNOK
Operating profit0.5 MNOK0.7 MNOK3.1 MNOK
Profit before tax0.4 MNOK0.7 MNOK3.0 MNOK
Net profit0.3 MNOK0.5 MNOK2.4 MNOK
Financial expenses0.1 MNOK0.1 MNOK0.1 MNOK
Total assets2.9 MNOK3.3 MNOK6.1 MNOK
Current assets2.9 MNOK3.3 MNOK6.1 MNOK
Equity0.5 MNOK1.0 MNOK1.3 MNOK
Retained earnings0.4 MNOK0.9 MNOK1.2 MNOK
Total liabilities2.4 MNOK2.3 MNOK4.8 MNOK
Current liabilities2.4 MNOK2.3 MNOK4.8 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 6764852.