Biteco AS
Score · fiscal year 2023
72of 100
How to read this: the company is ahead of 82 % of companies in the Morning class Micro in the same sector in 2023. What does this mean?
Rank in the Morning class Micro: 279 of 1,516 · What are Morning company classes?
Place in the whole sector: 536 of 2,985 · Forretningsmessig tjenesteyting
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 85 and solidity 61 out of 100 among companies in the Morning class Micro in the same sector in 2023. Methodology
Against the sector
Biteco AS is 23 points above the median for companies in the Morning class Micro in the same sector in 2023.
Median score 49 among 1,514 companies.
Against companies in the Morning class Micro in the same sector in 2023: operating margin 22.6% (median 3.5%) and equity ratio 43.2% (median 27.5%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 7 MNOK | 3 MNOK |
| Operating margin | 22.6% | 3.5% |
| Profit margin | 22.8% | 3.0% |
| Return on assets | 31.2% | 8.1% |
| Equity ratio | 43.2% | 27.5% |
| Debt-to-equity | 1.31 | 1.65 |
| Current ratio | 1.65 | 1.26 |
| Revenue growth | – | 14.0% |
| Revenue per employee | 0.98 MNOK | 0.36 MNOK |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 72, Biteco AS does better than 82% of companies in the Morning class Micro in the same sector (1,516 companies) in 2023.
Score 2023–2025
- Biteco AS
- Median: companies in the Morning class Micro in the same sector
What the numbers say
Biteco AS had an operating margin of 22.6% and an equity ratio of 43.2% in 2023, and ranks 536 of 2,985 in Forretningsmessig tjenesteyting.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 3 MNOK and 13 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 17.3 | 10 MNOK |
| EV/EBIT | 14.1 | 13 MNOK |
| P/B | 2.7 | 3 MNOK |
The listed basis is the value at listed multiples. The estimate is lowered by 51% for an unlisted company: 20% for lack of marketability and 38% for size (a small-company premium of 4% on the cost of equity).
A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. 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 0.1% of the debt in 2023. The policy rate averaged 3.54 % 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 0.3%. Based on the 9 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 85 | weight 30% |
|---|---|---|
| Solidity | 61 | weight 25% |
| Liquidity | 65 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 72 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is Biteco AS?
The operating margin was 22.6% in 2023, against a median of 3.5% among companies in the Morning class Micro in the same sector. Return on assets was 31.2%.
How solid is Biteco AS?
The equity ratio was 43.2% in 2023 (median 27.5%). Debt-to-equity was 1.31 (median 1.65).
What is the liquidity of Biteco AS like?
The current ratio was 1.65 in 2023 (median 1.26).
How does Biteco AS compare in Forretningsmessig tjenesteyting?
Biteco AS ranks 536 of 2,985 in Forretningsmessig tjenesteyting for 2023. Among companies in the Morning class Micro it is number 279 of 1,516.
Group structure · 2025
4 companies in the group according to the shareholder register for 2025. A company counts as a subsidiary when a Norwegian company owns more than half of its shares.
Private persons own 100% of the shares in Presno Holding AS. Persons are not shown by name.
Presno Holding AS has not filed group accounts in open data, so the group has no index of its own. Each company has its own accounts.
The group in figures
- Sectors
- Bygg og anlegg (1 company), Forretningsmessig tjenesteyting (2 companies), Eiendom (1 company) 4 of 4 companies in the tree have accounts with us. Sectors are sorted by the companies' own revenue, which includes sales between the group's companies.
- Employees in Norway
- 15 in all. Skjåk 15 Registered employees in the Central Coordinating Register, by the municipality of the business address. Employees may work elsewhere.
- Loss
- 2 companies: Biteko AS, Biteko Bygg AS
A subsidiary with negative equity or a loss may be backed by the group, for example with group contributions or guarantees. It is an indication of what is worth asking about, not an assessment.
-
Presno Holding AS
- Biteco AS you are here
- Biteko AS
- Biteko Bygg AS
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.
Source: the Norwegian Tax Administration's shareholder register 2025 (majority owner with more than 50 % of the shares). Voting agreements and ownership through other countries are not included.
From the Central Coordinating Register
- Org. no.
- 992999861
- Legal form
- AS
- Sector
- Forretningsmessig tjenesteyting (81.100)
- Morning company class
- Micro
- Employees
- 7 registered 10 September 2026
- Founded
- 1 July 2008 18 years in operation
- Share capital
- 0.10 MNOK
- Business address
- Industrivegen 82, 2690 SKJÅK
- Municipality
- Skjåk rank 8–21 of 33 in KOSTRA group 5
- Audit
- Audit opted out from 3 November 2011
- 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 1 November 2026. Only names are shown.
Shareholders (2025)
- Number of shareholders
- 1 (one owner)
- Largest owner
- 100.0%
- Split
- companies 100% · private persons 0% · foreign 0%
- Owned from the same municipality
- 100%
- Group chain
-
Owned by: Presno Holding AS (100%)
Ultimate owner: private person
- Presno Holding AS · 100.0%
The company is new in the shareholder register in 2025.
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 7 November 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 72 | 72 | 78 | |
| Rank | 536 | 391 | 165 | |
| Operating margin | 22.6% | 42.1% | 29.7% | |
| Return on assets | 31.2% | 33.2% | 25.2% | |
| Equity ratio | 43.2% | 55.6% | 79.3% | |
| Current ratio | 1.65 | 2.19 | 4.71 | |
| Revenue growth | – | −18.2% | −3.4% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 6.9 MNOK | 5.6 MNOK | 5.4 MNOK |
| Operating profit | 1.6 MNOK | 2.4 MNOK | 1.6 MNOK |
| Profit before tax | 1.6 MNOK | 2.4 MNOK | 1.7 MNOK |
| Tax expense | 0.4 MNOK | 0.5 MNOK | 0.4 MNOK |
| Net profit | 1.2 MNOK | 1.8 MNOK | 1.3 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 5.0 MNOK | 7.2 MNOK | 6.7 MNOK |
| Current assets | 4.7 MNOK | 7.0 MNOK | 6.5 MNOK |
| Equity | 2.2 MNOK | 4.0 MNOK | 5.3 MNOK |
| Retained earnings | 2.1 MNOK | 3.9 MNOK | 5.2 MNOK |
| Total liabilities | 2.9 MNOK | 3.2 MNOK | 1.4 MNOK |
| Current liabilities | 2.9 MNOK | 3.2 MNOK | 1.4 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 7 November 2026, accounts id 5149505.
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