BIVROEST AS
Score · fiscal year 2025
45of 100
How to read this: the company is ahead of 39 % of small companies in the same sector in 2025. What does this mean?
Rank: 1,224 of 2,035 · Sjøfart
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 82 and solidity 12 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
BIVROEST AS is 5 points below the median for small companies in the same sector in 2025.
Median score 50 among 1,469 companies.
Against small companies in the same sector in 2025: operating margin 50.3% (median 8.4%) and equity ratio 2.2% (median 51.1%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 3 MNOK | 5 MNOK |
| Operating margin | 50.3% | 8.4% |
| Profit margin | 43.8% | 9.2% |
| Return on assets | 15.8% | 3.4% |
| Equity ratio | 2.2% | 51.1% |
| Debt-to-equity | 44.58 | 0.67 |
| Current ratio | 0.76 | 1.77 |
| Revenue growth | – | 1.2% |
The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 45, BIVROEST AS does better than 39% of small companies in the same sector (1,476 companies) in 2025.
Score over time
Score over time needs at least two fiscal years with a score. It will appear when next year's figures are fetched or history is imported.
BIVROEST AS has a score of 45 for 2025, rank 1,224 of 2,035 in the sector.
Strongest: Profitability: percentile 82 against peers, operating margin 50.3% against a median of 8.4%.
Weakest: Solidity: percentile 12 against peers, equity ratio 2.2% against a median of 51.1%. Liquidity: percentile 27 against peers, current ratio 0.76 against a median of 1.77.
Worth a closer look
- The equity ratio is very low. Could the company absorb a bad year, and does it need more equity? Based on: equity ratio 2.2% (median 51.1%).
- Consider strengthening liquidity: current liabilities are 1.3 times current assets. Based on: current ratio 0.76 (median 1.77).
- What lies behind weak solidity, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
BIVROEST AS had an operating margin of 50.3% and an equity ratio of 2.2% in 2025, and ranks 1,224 of 2,035 in Sjøfart.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 0 MNOK and 11 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 9 MNOK |
| EV/EBIT | 8.0 | 11 MNOK |
| P/B | 1.0 | 0 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
Worth a closer look
- watch
The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?
Based on: Equity ratio 2.2% (median 51.1%).
- watch
Consider strengthening liquidity: current liabilities are 1.3 times current assets.
Based on: Current ratio 0.76 (median 1.77).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 2.1% 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.
Scenario analysis: the sector's weakest year
We have no accounts for 2026, the sector's weakest year, for this company.
The sector's weakest year was 2026, with a median operating margin of 6.1%. Based on the 7 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 82 | weight 30% |
|---|---|---|
| Solidity | 12 | weight 25% |
| Liquidity | 27 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 44 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is BIVROEST AS?
The operating margin was 50.3% in 2025, against a median of 8.4% among small companies in the same sector. Return on assets was 15.8%.
How solid is BIVROEST AS?
The equity ratio was 2.2% in 2025 (median 51.1%). Debt-to-equity was 44.58 (median 0.67).
What is the liquidity of BIVROEST AS like?
The current ratio was 0.76 in 2025 (median 1.77). Current assets did not cover current liabilities.
How does BIVROEST AS compare in Sjøfart?
BIVROEST AS ranks 1,224 of 2,035 in Sjøfart for 2025. Among companies of the same size (small companies) it ranks 896 of 1,476.
From the Central Coordinating Register
- Org. no.
- 936288707
- Legal form
- AS
- Sector
- Sjøfart (50.201)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 28 August 2025 1 years in operation
- Share capital
- 0.06 MNOK
- Business address
- Solvornvegen 314, 6879 SOLVORN (LUSTER)
- Municipality
- Luster rank 3 of 33 in KOSTRA group 5
- 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
- Per Magne Sviggum
- Chair of the board
- Grete Bugge
- Board member
- Roger Brattebø
- Auditor
- BDO AS
- Accountant
- PARATA 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.
Figures last fetched 28 October 2026.
Year by year
Trends appear once there is more than one fiscal year.
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2025 |
|---|---|
| Operating revenue | 2.6 MNOK |
| Operating profit | 1.3 MNOK |
| Profit before tax | 1.1 MNOK |
| Net profit | 0.9 MNOK |
| Financial expenses | 0.2 MNOK |
| Total assets | 8.3 MNOK |
| Current assets | 4.8 MNOK |
| Equity | 0.2 MNOK |
| Retained earnings | 0.2 MNOK |
| Total liabilities | 8.1 MNOK |
| Current liabilities | 6.4 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 7009368.
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