BDO AS

Org. no. 993606650 · Oslo · Founded 2009 · 1,286 employees

Score · fiscal year 2025

86of 100

How to read this: the company is ahead of 100 % of companies in the Morning class Large in the same sector in 2025. What does this mean?

Rank in the Morning class Large: 1 of 23 · What are Morning company classes?
Place in the whole sector: 12 of 1,548 · Revisjon, regnskap og rådgivning

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 86 and solidity 95 out of 100 among companies in the Morning class Large in the same sector in 2025. Methodology

Against the sector

BDO AS is 35 points above the median for companies in the Morning class Large in the same sector in 2025.

Median score 51 among 23 companies.

Against companies in the Morning class Large in the same sector in 2025: operating margin 43.2% (median 28.6%) and equity ratio 64.4% (median 14.9%).

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 revenue5,158 MNOK846 MNOK
Operating margin 43.2% 28.6% 73 %
Profit margin 43.4% 12.5% shown, not part of the index
Return on assets 119.5% 69.0% 100 %
Equity ratio 64.4% 14.9% 95 %
Debt-to-equity 0.55 5.71 95 %
Current ratio 2.56 1.11 95 %
Revenue growth 55.8% 6.9% 100 %
Revenue per employee4.01 MNOK3.63 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 86, BDO AS does better than 100% of companies in the Morning class Large in the same sector (23 companies) in 2025.

Over time

Score 2023–2025

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

BDO AS has a score of 86 for 2025, rank 12 of 1,548 in the sector.

Strongest: Growth: percentile 100 against peers, revenue growth 55.8% against a median of 6.9%. Solidity: percentile 95 against peers, equity ratio 64.4% against a median of 14.9%.

No area is clearly below its peers.

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

BDO AS had an operating margin of 43.2% and an equity ratio of 64.4% in 2025, and ranks 12 of 1,548 in Revisjon, regnskap og rådgivning.

From 2024 to 2025: the operating margin rose from 10.4% to 43.2% and the equity ratio rose from 30.8% to 64.4%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 1,207 MNOK and 22,320 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 2,232.0 MNOK 10.0 22,320 MNOK
EV/EBIT Operating profit: 2,227.0 MNOK
minus net debt −1,157.9 MNOK
8.0 18,974 MNOK
P/B Equity: 1,206.7 MNOK 1.0 1,207 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

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 0.7% 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.

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 5.4%. Based on the 7 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability86 weight 30%
Solidity95 weight 25%
Liquidity95 weight 15%
Growth100 weight 15%
Consistency47 weight 15%

Durability: 60 (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 BDO AS?

The operating margin was 43.2% in 2025, against a median of 28.6% among companies in the Morning class Large in the same sector. Return on assets was 119.5%.

How solid is BDO AS?

The equity ratio was 64.4% in 2025 (median 14.9%). Debt-to-equity was 0.55 (median 5.71).

What is the liquidity of BDO AS like?

The current ratio was 2.56 in 2025 (median 1.11).

How does BDO AS compare in Revisjon, regnskap og rådgivning?

BDO AS ranks 12 of 1,548 in Revisjon, regnskap og rådgivning for 2025. Among companies in the Morning class Large it is number 1 of 23. Revenue changed by 55.8% from the year before.

Public contracts

Contracts awarded since 2024
36
in 33 notices (lots counted separately)
Total awarded value since 2024
10.2 MNOK
8 contracts without a stated value are not in the total.
Framework agreements
22
Left out of the total: the value is a ceiling, not actual spend.
DateBuyerNotice ValueCPV
25 September 2026 Direktoratet for samfunnssikkerhet og beredskap (DSB) Rammeavtale for økonomisk bistand og rådgivningstjenester 15.0 MNOK (framework) 79400000
7 September 2026 Statens vegvesen Rammeavtale for kjøp av konsulenttjenester innen organisasjons- og lederutvikling 0.0 MNOK (framework) 79400000
22 June 2026 Nofima AS Revisjonstjenester 3.5 MNOK 79212100
15 June 2026 Energidepartementet Anskaffelse av ekstern bistand innen økonomiområdet til Energidepartementet 1.5 MNOK 72000000
29 May 2026 Skatteetaten 20260004 Rammeavtale internrevisjonstjenester 10.0 MNOK (framework) 79200000
13 May 2026 DRAMMEN KOMMUNE Bistand til internkontroll - rammeavtale 4.5 MNOK (framework) 79200000
5 May 2026 Norsk Helsenett SF Rammeavtale revisjonstjenester for eksternt finansierte prosjekter - FHI 3.0 MNOK (framework) 79200000
5 March 2026 Oslo kommune v/ Byrådsavdeling for finans Rammeavtale om HMS-revisjoner 2.8 MNOK (framework) 79212200
9 February 2026 Registerenheten i Brønnøysund Dynamisk innkjøpsordning - Internrevisjon 0.1 MNOK 79212200
5 February 2026 Norsk nukleær dekommisjonering (NND) Rammeavtale prosjektsikkerhetsleder 100.0 MNOK (framework) 71300000

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 30 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.
993606650
Legal form
AS
Sector
Revisjon, regnskap og rådgivning (69.201)
Morning company class
Large
Employees
1,286 registered 10 October 2026
Founded
5 January 2009 17 years in operation
Share capital
1.55 MNOK
Business address
Bygdøy allé 2, 0257 OSLO
Municipality
Oslo rank 63–220 of 357 in Norway
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 31 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.

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Figures last fetched 31 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index484686
Rank78691312
Operating margin9.9%10.4%43.2%
Return on assets34.3%36.4%119.5%
Equity ratio31.9%30.8%64.4%
Current ratio1.091.062.56
Revenue growth–7.9%55.8%

Accounts

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

Key figure202320242025
Operating revenue3,069.0 MNOK3,310.1 MNOK5,157.6 MNOK
Operating profit304.3 MNOK344.8 MNOK2,227.0 MNOK
Profit before tax306.2 MNOK348.1 MNOK2,236.9 MNOK
Net profit305.5 MNOK347.3 MNOK2,232.0 MNOK
Financial expenses3.5 MNOK1.6 MNOK4.4 MNOK
Total assets903.4 MNOK960.7 MNOK1,875.3 MNOK
Current assets651.7 MNOK698.9 MNOK1,698.9 MNOK
Equity287.9 MNOK295.8 MNOK1,206.7 MNOK
Retained earnings16.1 MNOK18.2 MNOK0.8 MNOK
Total liabilities615.5 MNOK664.9 MNOK668.5 MNOK
Current liabilities598.8 MNOK657.0 MNOK663.2 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 31 October 2026, accounts id 6993372.