Sb1 Markets AS

Org. no. 992999101 · Oslo · Founded 2008 · 205 employees

Score · fiscal year 2025

37of 100

How to read this: the company is ahead of 16 % of companies in the Morning class Large in the same sector in 2025. What does this mean?

Rank in the Morning class Large: 22 of 26 · What are Morning company classes?
Place in the whole sector: 287 of 371 · Finans og forsikring

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 18 and solidity 64 out of 100 among companies in the Morning class Large in the same sector in 2025. Methodology

Against the sector

Sb1 Markets AS is 9 points below the median for companies in the Morning class Large in the same sector in 2025.

Median score 46 among 26 companies.

Against companies in the Morning class Large in the same sector in 2025: operating margin 15.8% (median 24.1%) and equity ratio 52.9% (median 38.1%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 31 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue1,184 MNOK1,059 MNOK
Operating margin 15.8% 24.1% 24 %
Profit margin 19.6% 26.4% shown, not part of the index
Return on assets 7.4% 23.1% 12 %
Equity ratio 52.9% 38.1% 64 %
Debt-to-equity 0.89 1.63 64 %
Current ratio 1.60 1.64 48 %
Revenue growth 0.6% 14.4% 12 %
Revenue per employee5.77 MNOK11.50 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 37, Sb1 Markets AS does better than 16% of companies in the Morning class Large in the same sector (26 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Sb1 Markets AS
  • Median: companies in the Morning class Large in the same sector
Summary analysis

Sb1 Markets AS has a score of 37 for 2025, rank 287 of 371 in the sector.

Strongest: Solidity: percentile 64 against peers, equity ratio 52.9% against a median of 38.1%.

Weakest: Growth: percentile 12 against peers, revenue growth 0.6% against a median of 14.4%. Profitability: percentile 18 against peers, operating margin 15.8% against a median of 24.1%.

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

Sb1 Markets AS had an operating margin of 15.8% and an equity ratio of 52.9% in 2025, and ranks 287 of 371 in Finans og forsikring.

From 2024 to 2025: the operating margin fell from 20.4% to 15.8% and the equity ratio fell from 62.8% to 52.9%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 1,443 MNOK and 2,132 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 213.2 MNOK 10.0 2,132 MNOK
EV/EBIT Operating profit: 186.7 MNOK
minus net debt 51.2 MNOK
8.0 1,443 MNOK
P/B Equity: 2,022.0 MNOK 1.0 2,022 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

  • watch

    The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?

    Based on: Operating margin 15.8% (median 24.1%).

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.

See interest rates, prices and exchange rates for the sector

Data quality

No anomalies found in the figures.

Stress test · 2026

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 −13.5%. Based on the 6 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability18 weight 30%
Solidity64 weight 25%
Liquidity48 weight 15%
Growth12 weight 15%
Consistency46 weight 15%

Durability: 48 (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 Sb1 Markets AS?

The operating margin was 15.8% in 2025, against a median of 24.1% among companies in the Morning class Large in the same sector. Return on assets was 7.4%.

How solid is Sb1 Markets AS?

The equity ratio was 52.9% in 2025 (median 38.1%). Debt-to-equity was 0.89 (median 1.63).

What is the liquidity of Sb1 Markets AS like?

The current ratio was 1.60 in 2025 (median 1.64).

How does Sb1 Markets AS compare in Finans og forsikring?

Sb1 Markets AS ranks 287 of 371 in Finans og forsikring for 2025. Among companies in the Morning class Large it is number 22 of 26. Revenue changed by 0.6% from the year before.

From the Central Coordinating Register

Org. no.
992999101
Legal form
AS
Sector
Finans og forsikring (66.120)
Morning company class
Large
Employees
205 registered 10 October 2026
Founded
16 June 2008 18 years in operation
Share capital
1,003.23 MNOK
Business address
Olav Vs gate 5, 0161 OSLO
Municipality
Oslo rank 63–220 of 357 in Norway
Latest accounts filed
2025
LEI
5967007LIEEXZX5AEG57 renews 15 November 2027

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
SPAREBANK 1 SMN (Norway)

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.

Report an issue

Figures last fetched 31 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index515637
Rank145124287
Operating margin19.8%20.4%15.8%
Return on assets7.9%9.8%7.4%
Equity ratio62.1%62.8%52.9%
Current ratio1.891.981.60
Revenue growth–36.1%0.6%

Accounts

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

Key figure202320242025
Operating revenue864.2 MNOK1,176.3 MNOK1,183.7 MNOK
Operating profit170.9 MNOK239.7 MNOK186.7 MNOK
Profit before tax184.9 MNOK268.5 MNOK231.7 MNOK
Net profit154.0 MNOK224.4 MNOK213.2 MNOK
Financial expenses46.5 MNOK27.8 MNOK51.7 MNOK
Total assets2,930.8 MNOK3,009.3 MNOK3,825.6 MNOK
Current assets1,859.2 MNOK1,990.0 MNOK2,718.8 MNOK
Equity1,820.5 MNOK1,890.9 MNOK2,022.0 MNOK
Retained earnings154.0 MNOK324.4 MNOK283.2 MNOK
Total liabilities1,110.3 MNOK1,118.4 MNOK1,803.6 MNOK
Current liabilities985.9 MNOK1,005.8 MNOK1,702.3 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 31 October 2026, accounts id 6492223.