CVS AS

Org. no. 979448775 · BÆRUM · Founded 1997

Score · fiscal year 2025

59of 100

How to read this: the company is ahead of 66 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?

Rank in the Morning class Micro: 4,339 of 12,950 · What are Morning company classes?
Place in the whole sector: 6,796 of 20,428 · Bygg og anlegg

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 88 and solidity 0 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology

Against the sector

CVS AS is 9 points above the median for companies in the Morning class Micro in the same sector in 2025.

Median score 50 among 12,943 companies.

Against companies in the Morning class Micro in the same sector in 2025: operating margin 14.0% (median 3.5%) and equity ratio −72.7% (median 33.1%).

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 revenue3 MNOK3 MNOK
Operating margin 14.0% 3.5% 81 %
Profit margin 13.9% 3.0% shown, not part of the index
Return on assets 54.3% 7.8% 95 %
Equity ratio −72.7% 33.1% 6 %
Debt-to-equity – 1.41 not compared
Current ratio 2.15 1.42 73 %
Revenue growth 205.0% 6.1% 94 %

The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 59, CVS AS does better than 66% of companies in the Morning class Micro in the same sector (12,950 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • CVS AS
  • Median: companies in the Morning class Micro in the same sector
Summary analysis

CVS AS has a score of 59 for 2025, rank 6,796 of 20,428 in the sector.

Strongest: Growth: percentile 94 against peers, revenue growth 205.0% against a median of 6.1%. Profitability: percentile 88 against peers, operating margin 14.0% against a median of 3.5%.

Weakest: Solidity: percentile 0 against peers, equity ratio −72.7% against a median of 33.1%.

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

CVS AS had an operating margin of 14.0% and an equity ratio of −72.7% in 2025, and ranks 6,796 of 20,428 in Bygg og anlegg.

From 2024 to 2025: the equity ratio rose from −1,617.6% to −72.7% and revenue grew by 205%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 4 MNOK and 5 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.5 MNOK 10.0 5 MNOK
EV/EBIT Operating profit: 0.5 MNOK
minus net debt −0.3 MNOK
8.0 4 MNOK
P/B Equity: −0.6 MNOK 1.0 not meaningful

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

  • critical

    Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?

    Based on: Equity ratio −72.7% (median 33.1%).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 0.3% 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.

See interest rates, prices and exchange rates for the sector

Data quality

  • critical Negative equity
Stress test · 2021

Scenario analysis: the sector's weakest year

We have no accounts for 2021, the sector's weakest year, for this company.

The sector's weakest year was 2021, with a median operating margin of 1.8%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability88 weight 30%
Solidity0 weight 25%
Liquidity73 weight 15%
Growth94 weight 15%
Consistency48 weight 15%

Durability: 63 (average over 2 years)

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

2025

Questions and answers

How profitable is CVS AS?

The operating margin was 14.0% in 2025, against a median of 3.5% among companies in the Morning class Micro in the same sector. Return on assets was 54.3%.

How solid is CVS AS?

The equity ratio was −72.7% in 2025 (median 33.1%). Equity is negative, so liabilities exceed assets.

What is the liquidity of CVS AS like?

The current ratio was 2.15 in 2025 (median 1.42).

How does CVS AS compare in Bygg og anlegg?

CVS AS ranks 6,796 of 20,428 in Bygg og anlegg for 2025. Among companies in the Morning class Micro it is number 4,339 of 12,950. Revenue changed by 205.0% from the year before.

From the Central Coordinating Register

Org. no.
979448775
Legal form
AS
Sector
Bygg og anlegg (43.221)
Morning company class
Micro
Employees
0–4 (not registered)
Founded
1 December 1997 28 years in operation
Share capital
0.10 MNOK
Business address
Gamle Ringeriksvei 56A, 1357 BEKKESTUA (BÆRUM)
Municipality
Bærum rank 1 of 11 in KOSTRA group 12
Audit
Audit opted out from 3 December 2012
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
Ola Bjørn Bakke
Chair of the board
Ola Bjørn Bakke
Deputy member
Rolf Christian Selmer
Accountant
ADVICE ACCOUNTING 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
Index–6759
Rank–3,7026,796
Operating margin6.3%48.4%14.0%
Return on assets8.7%151.4%54.3%
Equity ratio−16,864.7%−1,617.6%−72.7%
Current ratio1.725.192.15
Revenue growth–2,053.0%205.0%

Accounts

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

Key figure202320242025
Operating revenue0.1 MNOK1.1 MNOK3.3 MNOK
Operating profit0.0 MNOK0.5 MNOK0.5 MNOK
Profit before tax0.0 MNOK0.5 MNOK0.5 MNOK
Net profit0.0 MNOK0.5 MNOK0.5 MNOK
Financial expenses–0.0 MNOK0.0 MNOK
Total assets0.0 MNOK0.3 MNOK0.8 MNOK
Current assets0.0 MNOK0.3 MNOK0.8 MNOK
Equity−6.1 MNOK−5.6 MNOK−0.6 MNOK
Retained earnings−6.2 MNOK−5.7 MNOK−5.2 MNOK
Total liabilities6.1 MNOK5.9 MNOK1.5 MNOK
Current liabilities0.0 MNOK0.1 MNOK0.4 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 6867348.