Spz Bilskade AS
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%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 12 MNOK | 16 MNOK |
| Operating margin | 9.8% | 6.0% |
| Profit margin | 9.6% | 5.7% |
| Return on assets | 40.1% | 15.5% |
| Equity ratio | 24.8% | 32.7% |
| Debt-to-equity | 3.04 | 1.85 |
| Current ratio | 1.17 | 1.43 |
| Revenue growth | 514.3% | 8.1% |
| Revenue per employee | 1.33 MNOK | 1.53 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.
Score 2023–2025
- Spz Bilskade AS
- Median: companies in the Morning class Small in the same sector
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.
Three simple methods
The methods give between 1 MNOK and 4 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 19.2 | 3 MNOK |
| EV/EBIT | 15.1 | 4 MNOK |
| P/B | 2.4 | 1 MNOK |
| EV/EBIT: from enterprise value to equity | NOK |
|---|---|
| Enterprise value (EV) at the listed multiple | 6 MNOK |
| Enterprise value after the size adjustment | 3 MNOK |
| Less net debt (rough figure) | −1 MNOK |
| Equity value | 4 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
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.
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
What the score is made of
| Profitability | 80 | weight 40% |
|---|---|---|
| Solidity | 35 | weight 20% |
| Liquidity | 33 | weight 5% |
| Growth | 99 | weight 25% |
| Consistency | 52 | 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.
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
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%
- Kimbre Invest AS · 42.5%
- BR Spz Holding AS · 42.5%
- 1 private persons · 15.0%
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?
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Is this your company? Suggest changes or add information
Figures last fetched 6 November 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 6 | 71 | 48 | |
| Rank | 3,551 | 484 | 2,143 | |
| 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 ratio | 0.80 | 1.17 | 1.01 | |
| Revenue growth | – | 514.3% | 11.7% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 1.9 MNOK | 12.0 MNOK | 13.4 MNOK |
| Operating profit | −0.4 MNOK | 1.2 MNOK | 1.1 MNOK |
| Profit before tax | −0.5 MNOK | 1.2 MNOK | 1.1 MNOK |
| Tax expense | 0.0 MNOK | 0.1 MNOK | 0.2 MNOK |
| Net profit | −0.5 MNOK | 1.0 MNOK | 0.8 MNOK |
| Financial expenses | 0.1 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 1.4 MNOK | 2.9 MNOK | 3.8 MNOK |
| Current assets | 1.4 MNOK | 2.6 MNOK | 3.0 MNOK |
| Equity | −0.3 MNOK | 0.7 MNOK | 0.5 MNOK |
| Retained earnings | −0.5 MNOK | 0.5 MNOK | 0.3 MNOK |
| Total liabilities | 1.7 MNOK | 2.2 MNOK | 3.3 MNOK |
| Current liabilities | 1.7 MNOK | 2.2 MNOK | 3.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 6 November 2026, accounts id 5459213.
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