CIRCLE K NORGE AS
Score · fiscal year 2025
44of 100
How to read this: the company is ahead of 32 % of large companies in the same sector in 2025. What does this mean?
Rank: 15,012 of 24,332 · Handel
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 49 and solidity 79 out of 100 among large companies in the same sector in 2025. Methodology
Against the sector
CIRCLE K NORGE AS is 6 points below the median for large companies in the same sector in 2025.
Median score 50 among 166 companies.
Against large companies in the same sector in 2025: operating margin 2.3% (median 1.9%) and equity ratio 59.3% (median 34.8%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 14,013 MNOK | 2,020 MNOK |
| Operating margin | 2.3% | 1.9% |
| Profit margin | 2.2% | 2.0% |
| Return on assets | 5.5% | 6.8% |
| Equity ratio | 59.3% | 34.8% |
| Debt-to-equity | 0.69 | 1.82 |
| Current ratio | 0.91 | 1.26 |
| Revenue growth | −18.2% | 6.2% |
| Revenue per employee | 62.56 MNOK | 22.32 MNOK |
The median and “ahead of” refer to large companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 44, CIRCLE K NORGE AS does better than 32% of large companies in the same sector (166 companies) in 2025.
Score 2023–2025
- CIRCLE K NORGE AS
- Median: large companies in the same sector
What the numbers say
CIRCLE K NORGE AS had an operating margin of 2.3% and an equity ratio of 59.3% in 2025, and ranks 15,012 of 24,332 in Handel.
From 2024 to 2025: went from a loss to a profit before tax and the equity ratio rose from 27.7% to 59.3%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 2,180 MNOK and 3,626 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 2,180 MNOK |
| EV/EBIT | 8.0 | 2,190 MNOK |
| P/B | 1.0 | 3,626 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
- watch
Consider strengthening liquidity: current liabilities are 1.1 times current assets.
Based on: Current ratio 0.91 (median 1.26).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
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 | 49 | weight 30% |
|---|---|---|
| Solidity | 79 | weight 25% |
| Liquidity | 15 | weight 15% |
| Growth | 7 | weight 15% |
| Consistency | 38 | weight 15% |
Durability: 29 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is CIRCLE K NORGE AS?
The operating margin was 2.3% in 2025, against a median of 1.9% among large companies in the same sector. Return on assets was 5.5%.
How solid is CIRCLE K NORGE AS?
The equity ratio was 59.3% in 2025 (median 34.8%). Debt-to-equity was 0.69 (median 1.82).
What is the liquidity of CIRCLE K NORGE AS like?
The current ratio was 0.91 in 2025 (median 1.26). Current assets did not cover current liabilities.
How does CIRCLE K NORGE AS compare in Handel?
CIRCLE K NORGE AS ranks 15,012 of 24,332 in Handel for 2025. Among companies of the same size (large companies) it ranks 113 of 166. Revenue changed by −18.2% 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
- 29
- in 20 notices (lots counted separately)
- Total awarded value since 2024
- value not stated
- 27 contracts without a stated value are not in the total.
- Framework agreements
- 2
- Left out of the total: the value is a ceiling, not actual spend.
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 21 September 2026 | Sunnfjord kommune | Ny konkurranse drivstoff, fyringsolje, smøremidler og annet, rammeavtale | 24.0 MNOK (framework) |
| 31 August 2026 | KRISTIANSAND KOMMUNE | Rammeavtale - Drivstoff og fyringsolje i bulk (2. utlysning) | 4.9 MNOK (framework) |
| 13 August 2026 | Simas Iks | Leveranse av Avgiftsfri diesel, Avgiftspliktig diesel og AdBlue | value not stated (2 lots) |
| 4 February 2026 | Tromsø kommune | Rammeavtale på drivstoff | value not stated (4 lots) |
| 19 January 2026 | Moss kommune | Drivstoff fra pumpe, elbillading og bilvask | value not stated |
| 22 August 2025 | KRISTIANSAND KOMMUNE | Kontraktstildeling - Rammeavtale - Drivstoff fra pumpe (Hovedanbud) | value not stated (2 lots) |
| 11 July 2025 | Politiets fellestjenester | Drivstoff til kjøretøy og lading av elbil | value not stated |
| 24 June 2025 | Politiets fellestjenester | Lading elbil | value not stated |
| 3 June 2025 | Politiets fellestjenester | Leveranse av drivstoff til egne anlegg | value not stated |
| 6 May 2025 | Innherred Anskaffelser | Rammeavtale Drivstoff og AdBlue | value not stated (3 lots) |
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.
- 914766451
- Legal form
- AS · part of a group
- Sector
- Handel (46.810)
- Size tier
- large
- Employees
- 224 registered 10 October 2026
- Founded
- 20 May 1920 106 years in operation
- Share capital
- 315.30 MNOK
- Business address
- Schweigaards gate 16A, 0191 OSLO
- Municipality
- Oslo rank 23–283 of 357 in Norway
- Latest accounts filed
- 2025
- Website
- www.circlek.no
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
- Chief executive
- Christian Louis Granly
- Chair of the board
- Håkon Stiksrud
- Board member
- Elin Bøe
- Board member
- Sverre Rosén
- Board member
- Marian Oolmets
- Board member
- Roger Halvorsen Stenbråten
- Board member
- Helene Børtnes
- Board member
- Jørn Vidar Slydal
- Deputy member
- Camilla René Jensen
- Deputy member
- Line Brennesvik
- Deputy member
- Håvard Morten Johansen
- Deputy member
- Lene Merete Foldvik
- Deputy member
- Gry Drageseth
- Auditor
- PRICEWATERHOUSECOOPERS AS
Source: Central Coordinating Register, fetched 25 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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 22 | 20 | 44 | |
| Rank | 17,957 | 20,876 | 15,012 | |
| Operating margin | 0.2% | −0.1% | 2.3% | |
| Return on assets | 0.7% | 0.1% | 5.5% | |
| Equity ratio | 27.6% | 27.7% | 59.3% | |
| Current ratio | 0.61 | 0.56 | 0.91 | |
| Revenue growth | – | −10.8% | −18.2% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 19,208.0 MNOK | 17,138.0 MNOK | 14,013.0 MNOK |
| Operating profit | 30.0 MNOK | −19.0 MNOK | 317.0 MNOK |
| Profit before tax | −12.0 MNOK | −62.0 MNOK | 303.0 MNOK |
| Net profit | −27.0 MNOK | −68.0 MNOK | 218.0 MNOK |
| Financial expenses | 59.0 MNOK | 66.0 MNOK | 33.0 MNOK |
| Total assets | 6,873.0 MNOK | 6,402.0 MNOK | 6,115.0 MNOK |
| Current assets | 2,451.0 MNOK | 2,167.0 MNOK | 1,938.0 MNOK |
| Equity | 1,895.0 MNOK | 1,771.0 MNOK | 3,626.0 MNOK |
| Retained earnings | −2,053.0 MNOK | −2,177.0 MNOK | −1,969.0 MNOK |
| Total liabilities | 4,978.0 MNOK | 4,631.0 MNOK | 2,489.0 MNOK |
| Current liabilities | 4,017.0 MNOK | 3,876.0 MNOK | 2,140.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6327937.
Further
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