Bitpro AS
Score · fiscal year 2025
33of 100
How to read this: the company is ahead of 15 % of companies in the Morning class Medium in the same sector in 2025. What does this mean?
Rank in the Morning class Medium: 601 of 710 · What are Morning company classes?
Place in the whole sector: 2,405 of 2,930 · Informasjon og kommunikasjon
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 24 and solidity 60 out of 100 among companies in the Morning class Medium in the same sector in 2025. Methodology
Against the sector
Bitpro AS is 17 points below the median for companies in the Morning class Medium in the same sector in 2025.
Median score 50 among 710 companies.
Against companies in the Morning class Medium in the same sector in 2025: operating margin 0.6% (median 6.0%) and equity ratio 36.4% (median 30.1%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 261 MNOK | 109 MNOK |
| Operating margin | 0.6% | 6.0% |
| Profit margin | 0.1% | 6.7% |
| Return on assets | 1.5% | 11.9% |
| Equity ratio | 36.4% | 30.1% |
| Debt-to-equity | 1.75 | 2.26 |
| Current ratio | 0.97 | 1.15 |
| Revenue growth | 0.2% | 7.2% |
| Revenue per employee | 4.58 MNOK | 2.92 MNOK |
The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 33, Bitpro AS does better than 15% of companies in the Morning class Medium in the same sector (710 companies) in 2025.
Score 2023–2025
- Bitpro AS
- Median: companies in the Morning class Medium in the same sector
Bitpro AS has a score of 33 for 2025, rank 2,405 of 2,930 in the sector.
Strongest: Solidity: percentile 60 against peers, equity ratio 36.4% against a median of 30.1%.
Weakest: Consistency: percentile 20 against peers. Profitability: percentile 24 against peers, operating margin 0.6% against a median of 6.0%.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 1.0 times current assets. Based on: current ratio 0.97 (median 1.15).
- What lies behind weak consistency, and will it last?
- What lies behind weak profitability, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
Bitpro AS had an operating margin of 0.6% and an equity ratio of 36.4% in 2025, and ranks 2,405 of 2,930 in Informasjon og kommunikasjon.
From 2024 to 2025: the operating margin rose from −24.1% to 0.6% and went from a loss to a profit before tax.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 24 MNOK and 44 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | 24 MNOK |
| P/B | 1.0 | 44 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
Worth a closer look
- watch
Consider strengthening liquidity: current liabilities are 1.0 times current assets.
Based on: Current ratio 0.97 (median 1.15).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 2.0% 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
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
We have no accounts for 2026, the sector's weakest year, for this company.
The sector's weakest year was 2026, with a median operating margin of 4.1%. Based on the 8 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 24 | weight 30% |
|---|---|---|
| Solidity | 60 | weight 25% |
| Liquidity | 27 | weight 15% |
| Growth | 26 | weight 15% |
| Consistency | 20 | weight 15% |
Durability: 27 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Bitpro AS?
The operating margin was 0.6% in 2025, against a median of 6.0% among companies in the Morning class Medium in the same sector. Return on assets was 1.5%.
How solid is Bitpro AS?
The equity ratio was 36.4% in 2025 (median 30.1%). Debt-to-equity was 1.75 (median 2.26).
What is the liquidity of Bitpro AS like?
The current ratio was 0.97 in 2025 (median 1.15). Current assets did not cover current liabilities.
How does Bitpro AS compare in Informasjon og kommunikasjon?
Bitpro AS ranks 2,405 of 2,930 in Informasjon og kommunikasjon for 2025. Among companies in the Morning class Medium it is number 601 of 710. Revenue changed by 0.2% from the year before.
From the Central Coordinating Register
- Org. no.
- 986643583
- Legal form
- AS
- Sector
- Informasjon og kommunikasjon (61.100)
- Morning company class
- Medium
- Employees
- 57 registered 10 July 2026
- Founded
- 1 March 2004 22 years in operation
- Share capital
- 0.60 MNOK
- Business address
- Østre Strandgate 80, 4608 KRISTIANSAND S
- Municipality
- Kristiansand rank 2–6 of 11 in KOSTRA group 12
- 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
Loading roles …
Source: Central Coordinating Register, fetched 3 November 2026. Only names are shown.
Shareholders (2025)
- Number of shareholders
- 28 (one owner holds more than half)
- Largest owner
- 72.1% · top three 86.6%
- Split
- companies 90% · private persons 10% · foreign 0%
- Owned from the same municipality
- 12%
- Owners over 60
- 64% of the shares held by persons (median age 60)
- Group chain
-
Owned by: Fiber Norge AS (72%)
Ultimate owner: private person
- Fiber Norge AS · 72.1%
- Fundamentum AS · 9.9%
- Jbb-Invest AS · 4.5%
- EL Advisor AS · 1.5%
- Advira Consulting AS · 0.6%
- Jondal Invest AS · 0.4%
- Aadnevik Invest AS · 0.4%
- Ocean Cloud AS · 0.3%
- Møllergaten 32 Eiendom AS · 0.2%
- Single Sign-On AS · 0.2%
- 17 private persons · 9.7%
Change 2007–2025:
99% of the shares changed owner (26 new and 7 departed owners). The majority owner changed.
New owners (companies): Aadnevik Invest AS, Advira Consulting AS, EL Advisor AS, Fiber Norge AS, Fundamentum AS
Departed (companies): Change and Development Norway AS
Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.
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.
Figures last fetched 2 November 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 26 | 23 | 33 | |
| Rank | 2,380 | 2,640 | 2,405 | |
| Operating margin | −19.1% | −24.1% | 0.6% | |
| Return on assets | −27.4% | −45.6% | 1.5% | |
| Equity ratio | 40.2% | 33.4% | 36.4% | |
| Current ratio | 0.92 | 0.68 | 0.97 | |
| Revenue growth | – | −1.9% | 0.2% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 265.8 MNOK | 260.8 MNOK | 261.3 MNOK |
| Operating profit | −50.7 MNOK | −62.8 MNOK | 1.6 MNOK |
| Profit before tax | −52.3 MNOK | −64.5 MNOK | 0.3 MNOK |
| Tax expense | – | – | – |
| Net profit | −44.6 MNOK | −54.2 MNOK | −1.9 MNOK |
| Financial expenses | 2.0 MNOK | 1.9 MNOK | 1.5 MNOK |
| Total assets | 183.5 MNOK | 137.3 MNOK | 121.0 MNOK |
| Current assets | 54.8 MNOK | 50.2 MNOK | 65.2 MNOK |
| Equity | 73.8 MNOK | 45.9 MNOK | 44.0 MNOK |
| Retained earnings | −153.1 MNOK | – | −1.9 MNOK |
| Total liabilities | 109.7 MNOK | 91.4 MNOK | 77.0 MNOK |
| Current liabilities | 59.8 MNOK | 73.6 MNOK | 67.3 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 2 November 2026, accounts id 6607007.
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