Martin Bruusgaard AS

Org. no. 971236272 · Bærum · Founded 1994 · 33 employees

Score · fiscal year 2024

63of 100

How to read this: the company is ahead of 74 % of companies in the Morning class Medium in the same sector in 2024. What does this mean?

Rank in the Morning class Medium: 927 of 3,519 · What are Morning company classes?
Place in the whole sector: 5,958 of 22,237 · Handel

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 95 and solidity 50 out of 100 among companies in the Morning class Medium in the same sector in 2024. Methodology

Against the sector

Martin Bruusgaard AS is 13 points above the median for companies in the Morning class Medium in the same sector in 2024.

Median score 50 among 3,519 companies.

Against companies in the Morning class Medium in the same sector in 2024: operating margin 17.6% (median 2.9%) and equity ratio 30.7% (median 30.2%).

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 revenue125 MNOK92 MNOK
Operating margin 17.6% 2.9% 96 %
Profit margin 19.8% 2.7% shown, not part of the index
Return on assets 36.5% 11.8% 93 %
Equity ratio 30.7% 30.2% 51 %
Debt-to-equity 2.25 2.23 50 %
Current ratio 1.36 1.40 48 %
Revenue growth 4.7% 5.1% 48 %
Revenue per employee3.78 MNOK4.92 MNOK

The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 63, Martin Bruusgaard AS does better than 74% of companies in the Morning class Medium in the same sector (3,519 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Martin Bruusgaard AS
  • Median: companies in the Morning class Medium in the same sector
Analysis · 2024

What the numbers say

Martin Bruusgaard AS had an operating margin of 17.6% and an equity ratio of 30.7% in 2024, and ranks 5,958 of 22,237 in Handel.

From 2023 to 2024: the operating margin rose from 14.6% to 17.6%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 24 MNOK and 193 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 19.3 MNOK 10.0 193 MNOK
EV/EBIT Operating profit: 21.9 MNOK
minus net debt −1.3 MNOK
8.0 176 MNOK
P/B Equity: 23.8 MNOK 1.0 24 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 6.5% 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

Profitability95 weight 30%
Solidity50 weight 25%
Liquidity48 weight 15%
Growth48 weight 15%
Consistency49 weight 15%

Durability: 67 (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 Martin Bruusgaard AS?

The operating margin was 17.6% in 2024, against a median of 2.9% among companies in the Morning class Medium in the same sector. Return on assets was 36.5%.

How solid is Martin Bruusgaard AS?

The equity ratio was 30.7% in 2024 (median 30.2%). Debt-to-equity was 2.25 (median 2.23).

What is the liquidity of Martin Bruusgaard AS like?

The current ratio was 1.36 in 2024 (median 1.40).

How does Martin Bruusgaard AS compare in Handel?

Martin Bruusgaard AS ranks 5,958 of 22,237 in Handel for 2024. Among companies in the Morning class Medium it is number 927 of 3,519. Revenue changed by 4.7% from the year before.

From the Central Coordinating Register

Org. no.
971236272
Legal form
AS
Sector
Handel (46.640)
Morning company class
Medium
Employees
33 registered 10 September 2026
Founded
15 November 1994 31 years in operation
Share capital
0.17 MNOK
Business address
Eyvind Lyches vei 19A, 1338 SANDVIKA (BÆRUM)
Municipality
Bærum rank 1 of 11 in KOSTRA group 12
Latest accounts filed
2025
Website
www.bruusgaard.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

Loading roles …

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 28 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index726364
Rank3,6905,9585,356
Operating margin14.6%17.6%19.3%
Return on assets36.1%36.5%41.0%
Equity ratio35.1%30.7%26.8%
Current ratio1.451.361.24
Revenue growth–4.7%24.0%

Accounts

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

Key figure202320242025
Operating revenue119.2 MNOK124.7 MNOK154.7 MNOK
Operating profit17.5 MNOK21.9 MNOK29.8 MNOK
Profit before tax21.3 MNOK24.7 MNOK31.0 MNOK
Net profit16.6 MNOK19.3 MNOK24.2 MNOK
Financial expenses3.0 MNOK3.5 MNOK5.4 MNOK
Total assets67.2 MNOK77.4 MNOK88.8 MNOK
Current assets63.2 MNOK73.1 MNOK80.9 MNOK
Equity23.6 MNOK23.8 MNOK23.8 MNOK
Retained earnings23.3 MNOK23.5 MNOK23.5 MNOK
Total liabilities43.6 MNOK53.6 MNOK65.0 MNOK
Current liabilities43.6 MNOK53.6 MNOK65.0 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 5455329.

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