BOYESEN & MUNTHE AS

Org. no. 975374564 · OSLO · Founded 1995 · 17 employees

Score · fiscal year 2025

64of 100

How to read this: the company is ahead of 78 % of small companies in the same sector in 2025. What does this mean?

Rank: 8,651 of 38,670 · Handel

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 64 and solidity 70 out of 100 among small companies in the same sector in 2025. Methodology

Against the sector

BOYESEN & MUNTHE AS is 14 points above the median for small companies in the same sector in 2025.

Median score 50 among 36,110 companies.

Against small companies in the same sector in 2025: operating margin 5.3% (median 2.5%) and equity ratio 68.6% (median 38.3%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 28 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue62 MNOK3 MNOK
Operating margin 5.3% 2.5% 63 %
Profit margin 5.7% 2.2% shown, not part of the index
Return on assets 10.0% 4.0% 64 %
Equity ratio 68.6% 38.3% 72 %
Debt-to-equity 0.46 0.99 67 %
Current ratio 2.77 1.70 68 %
Revenue growth −0.5% 3.5% 40 %
Revenue per employee3.67 MNOK1.62 MNOK

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 64, BOYESEN & MUNTHE AS does better than 78% of small companies in the same sector (36,579 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • BOYESEN & MUNTHE AS
  • Median: small companies in the same sector
Summary analysis

BOYESEN & MUNTHE AS has a score of 64 for 2025, rank 8,651 of 38,670 in the sector.

Strongest: Consistency: percentile 75 against peers. Solidity: percentile 70 against peers, equity ratio 68.6% against a median of 38.3%.

Weakest: Growth: percentile 40 against peers, revenue growth −0.5% against a median of 3.5%.

Worth a closer look

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

BOYESEN & MUNTHE AS had an operating margin of 5.3% and an equity ratio of 68.6% in 2025, and ranks 8,651 of 38,670 in Handel.

From 2024 to 2025: the equity ratio rose from 59.9% to 68.6%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 27 MNOK and 27 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 2.7 MNOK 10.0 27 MNOK
EV/EBIT Operating profit: 3.3 MNOK
minus net debt −0.5 MNOK
8.0 27 MNOK
P/B Equity: 26.8 MNOK 1.0 27 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 2.9% 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 · 2017

Scenario analysis: the sector's weakest year

We have no accounts for 2017, the sector's weakest year, for this company.

The sector's weakest year was 2017, with a median operating margin of −65.6%. 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

Profitability64 weight 30%
Solidity70 weight 25%
Liquidity68 weight 15%
Growth40 weight 15%
Consistency75 weight 15%

Durability: 64 (average over 3 years)

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

2025

Questions and answers

How profitable is BOYESEN & MUNTHE AS?

The operating margin was 5.3% in 2025, against a median of 2.5% among small companies in the same sector. Return on assets was 10.0%.

How solid is BOYESEN & MUNTHE AS?

The equity ratio was 68.6% in 2025 (median 38.3%). Debt-to-equity was 0.46 (median 0.99).

What is the liquidity of BOYESEN & MUNTHE AS like?

The current ratio was 2.77 in 2025 (median 1.70).

How does BOYESEN & MUNTHE AS compare in Handel?

BOYESEN & MUNTHE AS ranks 8,651 of 38,670 in Handel for 2025. Among companies of the same size (small companies) it ranks 8,128 of 36,579. Revenue changed by −0.5% from the year before.

From the Central Coordinating Register

Org. no.
975374564
Legal form
AS
Sector
Handel (46.840)
Size tier
small
Employees
17 registered 10 January 2026
Founded
1 September 1995 31 years in operation
Share capital
0.90 MNOK
Business address
Tvetenveien 152, 0671 OSLO
Municipality
Oslo rank 63–221 of 357 in Norway
Latest accounts filed
2025
Website
www.boyesen-munthe.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
Thorleif Lerbrekk
Chair of the board
Thorleif Lerbrekk
Board member
Britt Lerbrekk
Auditor
REVISIONSBUREAUET AS
Accountant
SPAREBANK 1 FORRETNINGSPARTNER ØSTLANDET 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?

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Figures last fetched 28 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index695864
Rank6,45112,3718,651
Operating margin12.0%4.0%5.3%
Return on assets19.0%6.2%10.0%
Equity ratio55.7%59.9%68.6%
Current ratio2.052.222.77
Revenue growth–−6.1%−0.5%

Accounts

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

Key figure202320242025
Operating revenue66.8 MNOK62.7 MNOK62.4 MNOK
Operating profit8.0 MNOK2.5 MNOK3.3 MNOK
Profit before tax6.9 MNOK2.0 MNOK3.5 MNOK
Net profit5.4 MNOK1.7 MNOK2.7 MNOK
Financial expenses1.5 MNOK0.6 MNOK0.4 MNOK
Total assets44.0 MNOK42.1 MNOK39.1 MNOK
Current assets40.0 MNOK37.4 MNOK33.9 MNOK
Equity24.5 MNOK25.2 MNOK26.8 MNOK
Retained earnings23.6 MNOK24.3 MNOK25.9 MNOK
Total liabilities19.5 MNOK16.9 MNOK12.3 MNOK
Current liabilities19.5 MNOK16.9 MNOK12.3 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 6799806.

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