Kanalveien 52 B AS
Score · fiscal year 2025
82of 100
How to read this: the company is ahead of 98 % of companies in the Morning class Small in the same sector in 2025. What does this mean?
Rank in the Morning class Small: 25 of 1,599 · What are Morning company classes?
Place in the whole sector: 161 of 7,839 · Eiendom
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 85 and solidity 98 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology
Against the sector
Kanalveien 52 B AS is 32 points above the median for companies in the Morning class Small in the same sector in 2025.
Median score 50 among 1,599 companies.
Against companies in the Morning class Small in the same sector in 2025: operating margin 90.7% (median 23.1%) and equity ratio 96.6% (median 28.1%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 19 MNOK | 18 MNOK |
| Operating margin | 90.7% | 23.1% |
| Profit margin | 123.1% | 14.4% |
| Return on assets | 18.1% | 8.3% |
| Equity ratio | 96.6% | 28.1% |
| Debt-to-equity | 0.04 | 2.32 |
| Current ratio | 25.64 | 1.28 |
| Revenue growth | 1.9% | 4.4% |
The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 82, Kanalveien 52 B AS does better than 98% of companies in the Morning class Small in the same sector (1,599 companies) in 2025.
Score 2023–2025
- Kanalveien 52 B AS
- Median: companies in the Morning class Small in the same sector
Kanalveien 52 B AS has a score of 82 for 2025, rank 161 of 7,839 in the sector.
Strongest: Solidity: percentile 98 against peers, equity ratio 96.6% against a median of 28.1%. Liquidity: percentile 96 against peers, current ratio 25.64 against a median of 1.28.
Weakest: Growth: percentile 35 against peers, revenue growth 1.9% against a median of 4.4%.
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
Kanalveien 52 B AS had an operating margin of 90.7% and an equity ratio of 96.6% in 2025, and ranks 161 of 7,839 in Eiendom.
No large changes in the key figures from 2024 to 2025.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 60 MNOK and 213 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.6 | 99 MNOK |
| EV/EBIT | 22.6 | 213 MNOK |
| P/B | 0.9 | 60 MNOK |
The listed basis is the value at listed multiples. The estimate is lowered by 46% for an unlisted company: 20% for lack of marketability and 32% for size (a small-company premium of 3% 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
- positive
Upper quartile on profitability, solidity and liquidity. What sets this company apart from the rest of the sector?
Based on: Operating margin 90.7% (median 23.1%); Equity ratio 96.6% (median 28.1%); Current ratio 25.64 (median 1.28).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.2% 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 23.4%. 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 | 98 | weight 25% |
| Liquidity | 96 | weight 15% |
| Growth | 35 | weight 15% |
| Consistency | 81 | weight 15% |
Durability: 85 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Kanalveien 52 B AS?
The operating margin was 90.7% in 2025, against a median of 23.1% among companies in the Morning class Small in the same sector. Return on assets was 18.1%.
How solid is Kanalveien 52 B AS?
The equity ratio was 96.6% in 2025 (median 28.1%). Debt-to-equity was 0.04 (median 2.32).
What is the liquidity of Kanalveien 52 B AS like?
The current ratio was 25.64 in 2025 (median 1.28).
How does Kanalveien 52 B AS compare in Eiendom?
Kanalveien 52 B AS ranks 161 of 7,839 in Eiendom for 2025. Among companies in the Morning class Small it is number 25 of 1,599. Revenue changed by 1.9% 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.
From the Central Coordinating Register
- Org. no.
- 889660902
- Legal form
- AS · part of a group
- Sector
- Eiendom (68.200)
- Morning company class
- Small
- Employees
- 0–4 (not registered)
- Founded
- 21 March 2006 20 years in operation
- Share capital
- 2.10 MNOK
- Business address
- Bergen rådhus, BFIE - Eierskap konsern, Rådhusgaten 10, 5014 BERGEN
- Municipality
- Bergen rank 8 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 2 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%
- Group chain
- Ultimate owner: BERGEN KOMMUNE
- BERGEN KOMMUNE · 100.0%
Change 2007–2025:
100% of the shares changed owner (1 new and 1 departed owners). The majority owner changed.
New owners (companies): BERGEN KOMMUNE
Departed (companies): Posten Bring 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 30 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 95 | 79 | 82 | |
| Rank | 26 | 246 | 161 | |
| Operating margin | 91.5% | 90.8% | 90.7% | |
| Return on assets | 20.9% | 20.6% | 18.1% | |
| Equity ratio | 95.9% | 96.1% | 96.6% | |
| Current ratio | 20.20 | 22.30 | 25.64 | |
| Revenue growth | – | −4.9% | 1.9% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 19.3 MNOK | 18.4 MNOK | 18.7 MNOK |
| Operating profit | 17.7 MNOK | 16.7 MNOK | 17.0 MNOK |
| Profit before tax | 18.9 MNOK | 22.3 MNOK | 23.1 MNOK |
| Tax expense | 4.2 MNOK | 4.6 MNOK | 3.9 MNOK |
| Net profit | 14.7 MNOK | 17.7 MNOK | 19.2 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 90.2 MNOK | 108.3 MNOK | 127.7 MNOK |
| Current assets | 74.7 MNOK | 93.3 MNOK | 112.4 MNOK |
| Equity | 86.5 MNOK | 104.2 MNOK | 123.3 MNOK |
| Retained earnings | 76.4 MNOK | 94.1 MNOK | 113.2 MNOK |
| Total liabilities | 3.7 MNOK | 4.2 MNOK | 4.4 MNOK |
| Current liabilities | 3.7 MNOK | 4.2 MNOK | 4.4 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 6798680.
Further
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