BUYSEC AS

Org. no. 971199954 · Drammen · Founded 1994 · 10 employees

Score · fiscal year 2024

66of 100

How to read this: the company is ahead of 79 % of companies in the Morning class Small in the same sector in 2024. What does this mean?

Rank in the Morning class Small: 1,511 of 7,172 · What are Morning company classes?
Place in the whole sector: 4,656 of 22,333 · Handel

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 78 and solidity 77 out of 100 among companies in the Morning class Small in the same sector in 2024. Methodology

Against the sector

BUYSEC AS is 15 points above the median for companies in the Morning class Small in the same sector in 2024.

Median score 51 among 7,172 companies.

Against companies in the Morning class Small in the same sector in 2024: operating margin 8.8% (median 3.0%) and equity ratio 61.1% (median 36.4%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 28 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue35 MNOK20 MNOK
Operating margin 8.8% 3.0% 80 %
Profit margin 8.6% 2.7% shown, not part of the index
Return on assets 19.9% 8.9% 75 %
Equity ratio 61.1% 36.4% 78 %
Debt-to-equity 0.64 1.53 77 %
Current ratio 2.57 1.71 73 %
Revenue growth −24.3% 3.8% 5 %
Revenue per employee3.46 MNOK2.05 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 66, BUYSEC AS does better than 79% of companies in the Morning class Small in the same sector (7,172 companies) in 2024.

Over time

Score 2023–2025

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

What the numbers say

BUYSEC AS had an operating margin of 8.8% and an equity ratio of 61.1% in 2024, and ranks 4,656 of 22,333 in Handel.

From 2023 to 2024: revenue fell by 24% and the equity ratio rose from 53.1% to 61.1%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 10 MNOK and 29 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 2.3 MNOK 10.0 23 MNOK
EV/EBIT Operating profit: 3.1 MNOK
minus net debt −4.1 MNOK
8.0 29 MNOK
P/B Equity: 10.2 MNOK 1.0 10 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 5.3% 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 1.5%. 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%
Solidity77 weight 25%
Liquidity73 weight 15%
Growth5 weight 15%
Consistency77 weight 15%

Durability: 71 (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 BUYSEC AS?

The operating margin was 8.8% in 2024, against a median of 3.0% among companies in the Morning class Small in the same sector. Return on assets was 19.9%.

How solid is BUYSEC AS?

The equity ratio was 61.1% in 2024 (median 36.4%). Debt-to-equity was 0.64 (median 1.53).

What is the liquidity of BUYSEC AS like?

The current ratio was 2.57 in 2024 (median 1.71).

How does BUYSEC AS compare in Handel?

BUYSEC AS ranks 4,656 of 22,333 in Handel for 2024. Among companies in the Morning class Small it is number 1,511 of 7,172. Revenue changed by −24.3% from the year before.

Group accounts

The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.

Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.

We do not show the group structure, because open data does not say who owns whom.

Public contracts

Contracts awarded since 2024
1
Total awarded value since 2024
value not stated
Framework agreements
1
Left out of the total: the value is a ceiling, not actual spend.
DateBuyerNotice ValueCPV
8 October 2026 SYKEHUSINNKJØP HF ID-kort for adgang og pålogging til helseforetakene i Helse Vest 19.0 MNOK (framework) 30100000
26 September 2023 AVINOR AS Avinor AS - T-191456 - Anskaffelse - ID-kort, utstyr og rekvisita 9.8 MNOK 22000000
15 July 2020 Viken fylkeskommune Anskaffelse av Produksjonsutstyr for ID kort 1.7 MNOK 22000000

Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.

Source: Doffin (DFØ), fetched 27 October 2026. Winners are matched on organisation number.

Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0

From the Central Coordinating Register

Org. no.
971199954
Legal form
AS · part of a group
Sector
Handel (46.500)
Morning company class
Small
Employees
10 registered 10 October 2026
Founded
24 October 1994 32 years in operation
Share capital
0.30 MNOK
Business address
Strandveien 7, 3050 MJØNDALEN (DRAMMEN)
Municipality
Drammen rank 10 of 11 in KOSTRA group 12
Latest accounts filed
2025
Website
www.buysec.no

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
Odd-Arild Johansen
Chair of the board
Andreas Setting
Board member
Svanhild Benedicte Grimstad
Board member
Odd-Arild Johansen
Board member
Thomas Norman Sann
Auditor
UNIC 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.

Report an issue

Figures last fetched 28 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index766661
Rank2,8154,6566,538
Operating margin11.8%8.8%4.1%
Return on assets30.5%19.9%9.8%
Equity ratio53.1%61.1%68.6%
Current ratio2.132.573.19
Revenue growth–−24.3%−11.5%

Accounts

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

Key figure202320242025
Operating revenue45.8 MNOK34.6 MNOK30.6 MNOK
Operating profit5.4 MNOK3.1 MNOK1.3 MNOK
Profit before tax5.1 MNOK3.0 MNOK1.3 MNOK
Net profit3.9 MNOK2.3 MNOK1.0 MNOK
Financial expenses0.6 MNOK0.3 MNOK0.2 MNOK
Total assets18.4 MNOK16.7 MNOK15.2 MNOK
Current assets18.4 MNOK16.7 MNOK15.2 MNOK
Equity9.8 MNOK10.2 MNOK10.4 MNOK
Retained earnings9.5 MNOK9.9 MNOK10.1 MNOK
Total liabilities8.6 MNOK6.5 MNOK4.8 MNOK
Current liabilities8.6 MNOK6.5 MNOK4.8 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 5678461.

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