REFLEX BARCOM AS

Org. no. 972412783 · LØRENSKOG · Founded 1994 · 12 employees

Score · fiscal year 2024

62of 100

How to read this: the company is ahead of 72 % of companies in the Morning class Small in the same sector in 2024. What does this mean?

Rank in the Morning class Small: 2,041 of 7,172 · What are Morning company classes?
Place in the whole sector: 6,210 of 22,333 · Handel

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 39 and solidity 75 out of 100 among companies in the Morning class Small in the same sector in 2024. Methodology

Against the sector

REFLEX BARCOM AS is 11 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 1.3% (median 3.0%) and equity ratio 59.0% (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 revenue41 MNOK20 MNOK
Operating margin 1.3% 3.0% 35 %
Profit margin 2.2% 2.7% shown, not part of the index
Return on assets 6.5% 8.9% 42 %
Equity ratio 59.0% 36.4% 76 %
Debt-to-equity 0.69 1.53 74 %
Current ratio 2.34 1.71 68 %
Revenue growth – 3.8% not compared
Revenue per employee3.41 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 62, REFLEX BARCOM AS does better than 72% of companies in the Morning class Small in the same sector (7,172 companies) in 2024.

Over time

Score 2024–2025

CompanyMedian025507510020242025
  • REFLEX BARCOM AS
  • Median: companies in the Morning class Small in the same sector
Analysis · 2024

What the numbers say

REFLEX BARCOM AS had an operating margin of 1.3% and an equity ratio of 59.0% in 2024, and ranks 6,210 of 22,333 in Handel.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 6 MNOK and 14 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.6 MNOK 10.0 6 MNOK
EV/EBIT Operating profit: 0.5 MNOK
minus net debt −9.7 MNOK
8.0 14 MNOK
P/B Equity: 9.1 MNOK 1.0 9 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 1.4% 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

Profitability39 weight 30%
Solidity75 weight 25%
Liquidity68 weight 15%
Growth– no data, left out
Consistency81 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2024

Questions and answers

How profitable is REFLEX BARCOM AS?

The operating margin was 1.3% in 2024, against a median of 3.0% among companies in the Morning class Small in the same sector. Return on assets was 6.5%.

How solid is REFLEX BARCOM AS?

The equity ratio was 59.0% in 2024 (median 36.4%). Debt-to-equity was 0.69 (median 1.53).

What is the liquidity of REFLEX BARCOM AS like?

The current ratio was 2.34 in 2024 (median 1.71).

How does REFLEX BARCOM AS compare in Handel?

REFLEX BARCOM AS ranks 6,210 of 22,333 in Handel for 2024. Among companies in the Morning class Small it is number 2,041 of 7,172.

From the Central Coordinating Register

Org. no.
972412783
Legal form
AS
Sector
Handel (46.640)
Morning company class
Small
Employees
12 registered 10 June 2026
Founded
18 October 1994 32 years in operation
Share capital
0.42 MNOK
Business address
Industriveien 6, 1461 LØRENSKOG
Municipality
Lørenskog rank 1–10 of 13 in KOSTRA group 10
Latest accounts filed
2025
Website
www.barcom.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
Lars Ravndal Ørbeck
Chair of the board
Lars Ravndal Ørbeck
Board member
Terje Gulbrandsen
Board member
Nigel John Wilson
Auditor
FORVIS MAZARS AS
Accountant
ECONPARTNER 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 28 October 2026.

Details

Year by year · 2024–2025

Key figure20242025Trend
Index6239
Rank6,21016,225
Operating margin1.3%−2.6%
Return on assets6.5%−2.9%
Equity ratio59.0%56.5%
Current ratio2.342.15
Revenue growth–−22.7%

Accounts

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

Key figure20242025
Operating revenue40.9 MNOK31.6 MNOK
Operating profit0.5 MNOK−0.8 MNOK
Profit before tax0.9 MNOK−0.4 MNOK
Net profit0.6 MNOK−0.4 MNOK
Financial expenses0.1 MNOK0.0 MNOK
Total assets15.4 MNOK14.5 MNOK
Current assets14.8 MNOK13.5 MNOK
Equity9.1 MNOK8.2 MNOK
Retained earnings8.7 MNOK7.7 MNOK
Total liabilities6.3 MNOK6.3 MNOK
Current liabilities6.3 MNOK6.3 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 5119739.

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