BILN AS

Org. no. 933902080 · BERGEN · Founded 2024

Score · fiscal year 2025

76of 100

How to read this: the company is ahead of 93 % of companies in the Morning class Medium in the same sector in 2025. What does this mean?

Rank in the Morning class Medium: 246 of 3,712 · What are Morning company classes?
Place in the whole sector: 1,573 of 23,065 · Handel

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 58 and solidity 81 out of 100 among companies in the Morning class Medium in the same sector in 2025. Methodology

Against the sector

BILN AS is 26 points above the median for companies in the Morning class Medium in the same sector in 2025.

Median score 50 among 3,712 companies.

Against companies in the Morning class Medium in the same sector in 2025: operating margin 1.5% (median 3.0%) and equity ratio 54.6% (median 30.0%).

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 revenue97 MNOK93 MNOK
Operating margin 1.5% 3.0% 33 %
Profit margin 1.5% 2.8% shown, not part of the index
Return on assets 24.9% 11.6% 82 %
Equity ratio 54.6% 30.0% 81 %
Debt-to-equity 0.83 2.24 81 %
Current ratio 2.20 1.39 79 %
Revenue growth 295.9% 6.1% 99 %

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

With an index of 76, BILN AS does better than 93% of companies in the Morning class Medium in the same sector (3,712 companies) in 2025.

Over time

Score 2024–2025

CompanyMedian025507510020242025
  • BILN AS
  • Median: companies in the Morning class Medium in the same sector
Summary analysis

BILN AS has a score of 76 for 2025, rank 1,573 of 23,065 in the sector.

Strongest: Growth: percentile 99 against peers, revenue growth 295.9% against a median of 6.1%. Solidity: percentile 81 against peers, equity ratio 54.6% against a median of 30.0%.

No area is clearly below its peers.

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

BILN AS had an operating margin of 1.5% and an equity ratio of 54.6% in 2025, and ranks 1,573 of 23,065 in Handel.

From 2024 to 2025: revenue grew by 296% and the operating margin fell from 5.9% to 1.5%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 3 MNOK and 13 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 1.1 MNOK 10.0 11 MNOK
EV/EBIT Operating profit: 1.5 MNOK
minus net debt −1.3 MNOK
8.0 13 MNOK
P/B Equity: 3.3 MNOK 1.0 3 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 0.4% 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.

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

Profitability58 weight 30%
Solidity81 weight 25%
Liquidity79 weight 15%
Growth99 weight 15%
Consistency77 weight 15%

Durability: 69 (average over 2 years)

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

2025

Questions and answers

How profitable is BILN AS?

The operating margin was 1.5% in 2025, against a median of 3.0% among companies in the Morning class Medium in the same sector. Return on assets was 24.9%.

How solid is BILN AS?

The equity ratio was 54.6% in 2025 (median 30.0%). Debt-to-equity was 0.83 (median 2.24).

What is the liquidity of BILN AS like?

The current ratio was 2.20 in 2025 (median 1.39).

How does BILN AS compare in Handel?

BILN AS ranks 1,573 of 23,065 in Handel for 2025. Among companies in the Morning class Medium it is number 246 of 3,712. Revenue changed by 295.9% from the year before.

From the Central Coordinating Register

Org. no.
933902080
Legal form
AS
Sector
Handel (47.810)
Morning company class
Medium
Employees
0–4 (not registered)
Founded
10 July 2024 2 years in operation
Share capital
1.00 MNOK
Business address
Kokstaddalen 6, 5257 KOKSTAD (BERGEN)
Municipality
Bergen rank 8 of 11 in KOSTRA group 12
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
Philip Haarvei
Chair of the board
Sondre Vikøyr
Board member
Philip Haarvei
Board member
Stian Øvergaard Aarvik
Auditor
ULTIMA 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.

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Figures last fetched 27 October 2026.

Details

Year by year · 2024–2025

Key figure20242025Trend
Index6376
Rank5,9281,573
Operating margin5.9%1.5%
Return on assets30.6%24.9%
Equity ratio45.1%54.6%
Current ratio1.812.20
Revenue growth–295.9%

Accounts

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

Key figure20242025
Operating revenue24.4 MNOK96.5 MNOK
Operating profit1.4 MNOK1.5 MNOK
Profit before tax1.4 MNOK1.5 MNOK
Net profit1.1 MNOK1.1 MNOK
Financial expenses0.0 MNOK0.0 MNOK
Total assets4.7 MNOK6.0 MNOK
Current assets4.7 MNOK6.0 MNOK
Equity2.1 MNOK3.3 MNOK
Retained earnings1.1 MNOK2.3 MNOK
Total liabilities2.6 MNOK2.7 MNOK
Current liabilities2.6 MNOK2.7 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 6931244.

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