BUSCO AS

Org. no. 926673033 · AURSKOG-HØLAND · Founded 2021 · 32 employees

Score · fiscal year 2024

63of 100

How to read this: the company is ahead of 75 % of companies in the Morning class Small in the same sector in 2024. What does this mean?

Rank in the Morning class Small: 8,823 of 34,889 · What are Morning company classes?
Place in the whole sector: 9,396 of 37,175 · Handel

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 78 and solidity 28 out of 100 among companies in the Morning class Small in the same sector in 2024. Methodology

Against the sector

BUSCO AS is 13 points above the median for companies in the Morning class Small in the same sector in 2024.

Median score 50 among 34,772 companies.

Against companies in the Morning class Small in the same sector in 2024: operating margin 9.4% (median 2.2%) and equity ratio 20.1% (median 38.3%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 27 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue78 MNOK4 MNOK
Operating margin 9.4% 2.2% 76 %
Profit margin 8.6% 2.0% shown, not part of the index
Return on assets 18.7% 3.7% 79 %
Equity ratio 20.1% 38.3% 35 %
Debt-to-equity 3.97 0.97 20 %
Current ratio 2.33 1.68 63 %
Revenue growth 30.8% 2.2% 82 %
Revenue per employee2.43 MNOK1.57 MNOK

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

With an index of 63, BUSCO AS does better than 75% of companies in the Morning class Small in the same sector (34,889 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • BUSCO AS
  • Median: companies in the Morning class Small in the same sector
Analysis · 2024

What the numbers say

BUSCO AS had an operating margin of 9.4% and an equity ratio of 20.1% in 2024, and ranks 9,396 of 37,175 in Handel.

From 2023 to 2024: revenue grew by 31% and the equity ratio rose from 10.4% to 20.1%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 8 MNOK and 52 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 5.2 MNOK 10.0 52 MNOK
EV/EBIT Operating profit: 7.4 MNOK
minus net debt 15.4 MNOK
8.0 43 MNOK
P/B Equity: 8.1 MNOK 1.0 8 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 2.5% 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 · 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 · 2024

What the score is made of

Profitability78 weight 30%
Solidity28 weight 25%
Liquidity63 weight 15%
Growth82 weight 15%
Consistency70 weight 15%

Durability: 57 (average over 2 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2024

Questions and answers

How profitable is BUSCO AS?

The operating margin was 9.4% in 2024, against a median of 2.2% among companies in the Morning class Small in the same sector. Return on assets was 18.7%.

How solid is BUSCO AS?

The equity ratio was 20.1% in 2024 (median 38.3%). Debt-to-equity was 3.97 (median 0.97).

What is the liquidity of BUSCO AS like?

The current ratio was 2.33 in 2024 (median 1.68).

How does BUSCO AS compare in Handel?

BUSCO AS ranks 9,396 of 37,175 in Handel for 2024. Among companies in the Morning class Small it is number 8,823 of 34,889. Revenue changed by 30.8% from the year before.

From the Central Coordinating Register

Org. no.
926673033
Legal form
AS
Sector
Handel (47.810)
Morning company class
Small
Employees
32 registered 10 October 2026
Founded
11 February 2021 5 years in operation
Share capital
0.75 MNOK
Business address
Fosserveien 275, 1963 FOSSER (AURSKOG-HØLAND)
Municipality
Aurskog-Høland rank 17–35 of 38 in KOSTRA group 7
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
Espen Husvik
Chair of the board
Pål Hansen
Board member
Espen Husvik
Board member
Erik Husvik
Auditor
ÅRNES REVISJON AS
Accountant
B-S REGNSKAP 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 27 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index516370
Rank16,4479,3964,905
Operating margin10.5%9.4%14.1%
Return on assets25.5%18.7%49.9%
Equity ratio10.4%20.1%30.7%
Current ratio2.032.331.23
Revenue growth–30.8%228.9%

Accounts

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

Key figure202320242025
Operating revenue59.5 MNOK77.9 MNOK256.2 MNOK
Operating profit6.3 MNOK7.4 MNOK36.0 MNOK
Profit before tax5.9 MNOK6.7 MNOK30.9 MNOK
Net profit4.6 MNOK5.2 MNOK24.1 MNOK
Financial expenses0.4 MNOK0.8 MNOK5.1 MNOK
Total assets24.8 MNOK40.0 MNOK72.1 MNOK
Current assets24.8 MNOK37.3 MNOK56.4 MNOK
Equity2.6 MNOK8.1 MNOK22.2 MNOK
Retained earnings2.1 MNOK7.3 MNOK21.4 MNOK
Total liabilities22.3 MNOK32.0 MNOK50.0 MNOK
Current liabilities12.3 MNOK16.0 MNOK45.8 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 6253937.

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