Bilfinger Norway AS
Score · fiscal year 2025
59of 100
How to read this: the company is ahead of 70 % of companies in the Morning class Large in the same sector in 2025. What does this mean?
Rank in the Morning class Large: 95 of 312 · What are Morning company classes?
Place in the whole sector: 787 of 2,451 · Industri
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 51 and solidity 71 out of 100 among companies in the Morning class Large in the same sector in 2025. Methodology
Against the sector
Bilfinger Norway AS is 10 points above the median for companies in the Morning class Large in the same sector in 2025.
Median score 49 among 312 companies.
Against companies in the Morning class Large in the same sector in 2025: operating margin 6.4% (median 6.3%) and equity ratio 50.2% (median 33.3%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 2,122 MNOK | 1,147 MNOK |
| Operating margin | 6.4% | 6.3% |
| Profit margin | 6.8% | 6.5% |
| Return on assets | 12.6% | 11.5% |
| Equity ratio | 50.2% | 33.3% |
| Debt-to-equity | 0.99 | 1.94 |
| Current ratio | 1.99 | 1.31 |
| Revenue growth | −6.1% | 7.2% |
| Revenue per employee | 1.71 MNOK | 6.01 MNOK |
The median and “ahead of” refer to companies in the Morning class Large in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 59, Bilfinger Norway AS does better than 70% of companies in the Morning class Large in the same sector (312 companies) in 2025.
Score 2023–2025
- Bilfinger Norway AS
- Median: companies in the Morning class Large in the same sector
Bilfinger Norway AS has a score of 59 for 2025, rank 787 of 2,451 in the sector.
Strongest: Liquidity: percentile 81 against peers, current ratio 1.99 against a median of 1.31. Consistency: percentile 79 against peers.
Weakest: Growth: percentile 14 against peers, revenue growth −6.1% against a median of 7.2%.
Worth a closer look
- What lies behind weak growth, 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
Bilfinger Norway AS had an operating margin of 6.4% and an equity ratio of 50.2% in 2025, and ranks 787 of 2,451 in Industri.
From 2024 to 2025: the equity ratio rose from 43.6% to 50.2%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 615 MNOK and 1,118 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 1,118 MNOK |
| EV/EBIT | 8.0 | 943 MNOK |
| P/B | 1.0 | 615 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
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 1.7% 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 2022, the sector's weakest year, for this company.
The sector's weakest year was 2022, with a median operating margin of −0.8%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 51 | weight 30% |
|---|---|---|
| Solidity | 71 | weight 25% |
| Liquidity | 81 | weight 15% |
| Growth | 14 | weight 15% |
| Consistency | 79 | weight 15% |
Durability: 61 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Bilfinger Norway AS?
The operating margin was 6.4% in 2025, against a median of 6.3% among companies in the Morning class Large in the same sector. Return on assets was 12.6%.
How solid is Bilfinger Norway AS?
The equity ratio was 50.2% in 2025 (median 33.3%). Debt-to-equity was 0.99 (median 1.94).
What is the liquidity of Bilfinger Norway AS like?
The current ratio was 1.99 in 2025 (median 1.31).
How does Bilfinger Norway AS compare in Industri?
Bilfinger Norway AS ranks 787 of 2,451 in Industri for 2025. Among companies in the Morning class Large it is number 95 of 312. Revenue changed by −6.1% from the year before.
Group accounts
The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.
Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.
We do not show the group structure, because open data does not say who owns whom.
Public contracts
- Contracts awarded since 2024
- 2
- Total awarded value since 2024
- value not stated
- Framework agreements
- 2
- Left out of the total: the value is a ceiling, not actual spend.
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 17 February 2026 | STATSBYGG | 2025/5598 Rammeavtale for fallsikring ved eiendommer i Statsbyggs område Vest | 14.0 MNOK (framework) |
| 1 February 2024 | Returkraft AS | Kontraktstildeling - Bistand mekanisk arbeid | value not stated |
| 26 October 2018 | Porsgrunn Kommune, Eiendomsforvaltningen | Totalentreprise for bytte av vinduer | 0.4 MNOK |
| 26 April 2018 | GKI Grenlandskommunenes Innkjøpsenhet | Håndverkertjenester - Tømrer - 09.04.2018 - 09.04.2022 | 39.0 MNOK |
Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.
Source: Doffin (DFØ), fetched 28 October 2026. Winners are matched on organisation number.
Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0
From the Central Coordinating Register
- Org. no.
- 988996564
- Legal form
- AS · part of a group
- Sector
- Industri (33.120)
- Morning company class
- Large
- Employees
- 1,241 registered 10 October 2026
- Founded
- 28 November 2005 20 years in operation
- Share capital
- 80.00 MNOK
- Business address
- Hydrovegen 55, 3936 PORSGRUNN
- Municipality
- Porsgrunn rank 5–12 of 13 in KOSTRA group 10
- Latest accounts filed
- 2025
- Website
- www.bilfinger.com
- LEI
- 529900WBAYZ9YBF85V47 not renewed (lapsed)
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 31 October 2026. Only names are shown.
- Parent company
- Bilfinger SE (Germany)
Foreign-owned according to GLEIF.
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 30 October 2026. The parent is the one the company itself reported to GLEIF.
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.
Figures last fetched 31 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 62 | 62 | 59 | |
| Rank | 749 | 657 | 787 | |
| Operating margin | 5.9% | 5.9% | 6.4% | |
| Return on assets | 12.9% | 14.0% | 12.6% | |
| Equity ratio | 41.6% | 43.6% | 50.2% | |
| Current ratio | 1.64 | 1.66 | 1.99 | |
| Revenue growth | – | 7.0% | −6.1% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 2,111.9 MNOK | 2,258.8 MNOK | 2,122.0 MNOK |
| Operating profit | 124.8 MNOK | 132.8 MNOK | 134.9 MNOK |
| Profit before tax | 124.8 MNOK | 143.7 MNOK | 143.6 MNOK |
| Net profit | 114.6 MNOK | 133.1 MNOK | 111.8 MNOK |
| Financial expenses | 9.7 MNOK | 8.2 MNOK | 10.7 MNOK |
| Total assets | 1,042.2 MNOK | 1,083.3 MNOK | 1,226.6 MNOK |
| Current assets | 786.0 MNOK | 805.7 MNOK | 944.7 MNOK |
| Equity | 433.2 MNOK | 472.2 MNOK | 615.5 MNOK |
| Retained earnings | 303.9 MNOK | 342.3 MNOK | 443.5 MNOK |
| Total liabilities | 608.9 MNOK | 611.1 MNOK | 611.2 MNOK |
| Current liabilities | 479.1 MNOK | 484.8 MNOK | 475.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 31 October 2026, accounts id 7185863.
Further
Similar companies
- Indra Navia AS index 60, rank 764 · compare
- Roxar Flow Measurement AS index 59, rank 773 · compare
- Neuver Maritime AS index 59, rank 774 · compare
- Eureka Pumps AS index 59, rank 776 · compare
- Ølen Betong AS index 59, rank 784 · compare