Spz Bilskade AS

Org. no. 930634530 · Askøy · Founded 2022 · 9 employees

Not financial advice. The index, rank, signals and advice are rule-based indications from the latest filed annual accounts. They are not a credit rating, an assessment of management or a recommendation to buy, sell or do business with the company. Read more

Score · fiscal year 2024

71of 100

How to read this: the company is ahead of 88 % of companies in the Morning class Small in the same sector in 2024. What does this mean?

Rank in the Morning class Small: 118 of 964 · What are Morning company classes?
Place in the whole sector: 484 of 3,811 · Annen tjenesteyting

Profile

Cheetah · Sprinter

High profitability, lower resilience

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 80 and resilience 39 out of 100 among companies in the Morning class Small in the same sector in 2024. Methodology

Against the sector

Spz Bilskade AS is 19 points above the median for companies in the Morning class Small in the same sector in 2024.

Median score 52 among 964 companies.

Against companies in the Morning class Small in the same sector in 2024: operating margin 9.8% (median 6.0%) and equity ratio 24.8% (median 32.7%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 6 November 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue12 MNOK16 MNOK
Operating margin 9.8% 6.0% 71 %
Profit margin 9.6% 5.7% shown, not part of the index
Return on assets 40.1% 15.5% 90 %
Equity ratio 24.8% 32.7% 37 %
Debt-to-equity 3.04 1.85 32 %
Current ratio 1.17 1.43 33 %
Revenue growth 514.3% 8.1% 100 %
Revenue per employee1.33 MNOK1.53 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 71, Spz Bilskade AS does better than 88% of companies in the Morning class Small in the same sector (964 companies) in 2024.

Over time

Score 2023–2025

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

What the numbers say

Spz Bilskade AS had an operating margin of 9.8% and an equity ratio of 24.8% in 2024, and ranks 484 of 3,811 in Annen tjenesteyting.

From 2023 to 2024: revenue grew by 514% and the operating margin rose from −21.8% to 9.8%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 1 MNOK and 4 MNOK.

MethodInputMultipleListed basisEstimate
P/E Net profit (mean 2023–2024): 0.3 MNOK 19.2 5 MNOK 3 MNOK
EV/EBIT Operating profit (mean 2023–2024): 0.4 MNOK
less net debt −0.7 MNOK (rough figure)
15.1 6 MNOK 4 MNOK
P/B Equity: 0.7 MNOK 2.4 2 MNOK 1 MNOK
EV/EBIT: from enterprise value to equityNOK
Enterprise value (EV) at the listed multiple6 MNOK
Enterprise value after the size adjustment3 MNOK
Less net debt (rough figure)−1 MNOK
Equity value4 MNOK

Net debt is a rough figure: long-term liabilities minus cash. The accounts do not split interest-bearing debt from other liabilities, and short-term borrowings are not included. The size adjustment applies to the enterprise value, not to the debt.

The listed basis is the value at listed multiples. The estimate is lowered for size: a small-company premium of 4% on the cost of equity gives a value 38% lower. No separate marketability discount is applied, because the premium already allows for the company being small and unlisted.

The NACE code has no listed industry of its own in the table, so the multiples are the sector median: Total Market (without financials).

Not financial advice. The value range is a rough model estimate from listed-company multiples, not a valuation, a price target or a price offer. The actual value may differ greatly. Read more

A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. See the calculation

Indications · 2024

Worth a closer look

  • watch

    Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?

    Based on: Revenue growth 514.3% (median 8.1%); Current ratio 1.17 (median 1.43).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 1.0% 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.

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 0.1%. Based on the 9 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability80 weight 40%
Solidity35 weight 20%
Liquidity33 weight 5%
Growth99 weight 25%
Consistency52 weight 10%

Three goals: profitability 40%, growth 25%, resilience 35%. Why these weights?

Durability: 38 (average over 2 years)

Index version 3. Data completeness 100%: the share of the weights that had data.

2024

Questions and answers

How profitable is Spz Bilskade AS?

The operating margin was 9.8% in 2024, against a median of 6.0% among companies in the Morning class Small in the same sector. Return on assets was 40.1%.

How solid is Spz Bilskade AS?

The equity ratio was 24.8% in 2024 (median 32.7%). Debt-to-equity was 3.04 (median 1.85).

What is the liquidity of Spz Bilskade AS like?

The current ratio was 1.17 in 2024 (median 1.43).

How does Spz Bilskade AS compare in Annen tjenesteyting?

Spz Bilskade AS ranks 484 of 3,811 in Annen tjenesteyting for 2024. Among companies in the Morning class Small it is number 118 of 964. Revenue changed by 514.3% from the year before.

From the Central Coordinating Register

Org. no.
930634530
Legal form
AS
Sector
Annen tjenesteyting (95.310)
Morning company class
Small
Employees
9 registered 10 September 2026
Founded
21 November 2022 3 years in operation
Share capital
0.20 MNOK
Business address
Ravnangervegen 187A, 5308 KLEPPESTØ (ASKØY)
Municipality
Askøy rank 12–25 of 27 in KOSTRA group 9
Latest accounts filed
2025
The company's business municipality, Askøy. The map shows the municipality, not the address. Map source: Kartverket (CC BY 4.0).

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 1 November 2026. Only names are shown.

Shareholders (2025)

Number of shareholders
3
Largest owner
42.5%
Split
companies 85% · private persons 15% · foreign 0%
Owned from the same municipality
74%

The company is new in the shareholder register in 2025.

Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.

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 6 November 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index67148
Rank3,5514842,143
Operating margin−21.8%9.8%8.3%
Return on assets−29.4%40.1%29.2%
Equity ratio−19.8%24.8%12.2%
Current ratio0.801.171.01
Revenue growth–514.3%11.7%

Accounts

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

Key figure202320242025
Operating revenue1.9 MNOK12.0 MNOK13.4 MNOK
Operating profit−0.4 MNOK1.2 MNOK1.1 MNOK
Profit before tax−0.5 MNOK1.2 MNOK1.1 MNOK
Tax expense0.0 MNOK0.1 MNOK0.2 MNOK
Net profit−0.5 MNOK1.0 MNOK0.8 MNOK
Financial expenses0.1 MNOK0.0 MNOK0.0 MNOK
Total assets1.4 MNOK2.9 MNOK3.8 MNOK
Current assets1.4 MNOK2.6 MNOK3.0 MNOK
Equity−0.3 MNOK0.7 MNOK0.5 MNOK
Retained earnings−0.5 MNOK0.5 MNOK0.3 MNOK
Total liabilities1.7 MNOK2.2 MNOK3.3 MNOK
Current liabilities1.7 MNOK2.2 MNOK3.0 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 6 November 2026, accounts id 5459213.