RIDER IN BALANCE AS

Org. no. 915545823 · GRUE · Founded 2015

Score · fiscal year 2025

50of 100

How to read this: the company is ahead of 50 % of small companies in the same sector in 2025. What does this mean?

Rank: 15,507 of 30,442 · Handel

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 10 and solidity 75 out of 100 among small companies in the same sector in 2025. Methodology

Against the sector

RIDER IN BALANCE AS is at the median for small companies in the same sector in 2025.

Median score 50 among 28,491 companies.

Against small companies in the same sector in 2025: operating margin −71.1% (median 2.2%) and equity ratio 75.1% (median 35.1%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue4 MNOK3 MNOK
Operating margin −71.1% 2.2% 7 %
Profit margin −67.5% 2.0% shown, not part of the index
Return on assets −33.3% 3.2% 13 %
Equity ratio 75.1% 35.1% 78 %
Debt-to-equity 0.33 1.05 73 %
Current ratio 2.49 1.64 66 %
Revenue growth 55.2% 3.8% 86 %

The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 50, RIDER IN BALANCE AS does better than 50% of small companies in the same sector (28,889 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • RIDER IN BALANCE AS
  • Median: small companies in the same sector
Summary analysis

RIDER IN BALANCE AS has a score of 50 for 2025, rank 15,507 of 30,442 in the sector.

Strongest: Growth: percentile 86 against peers, revenue growth 55.2% against a median of 3.8%. Solidity: percentile 75 against peers, equity ratio 75.1% against a median of 35.1%.

Weakest: Profitability: percentile 10 against peers, operating margin −71.1% against a median of 2.2%. Consistency: percentile 32 against peers.

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

RIDER IN BALANCE AS had an operating margin of −71.1% and an equity ratio of 75.1% in 2025, and ranks 15,507 of 30,442 in Handel.

From 2024 to 2025: revenue grew by 55% and the equity ratio fell from 93.9% to 75.1%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

One method gives a figure: 6 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −2.6 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −2.7 MNOK 8.0 not meaningful
P/B Equity: 5.7 MNOK 1.0 6 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 company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin −67.5% (median 2.0%).

  • 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 −71.1% (median 2.2%).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Data quality

No anomalies found in the figures.

Stress test · 2017

Scenario analysis: the sector's weakest year

We have no accounts for 2017, the sector's weakest year, for this company.

The sector's weakest year was 2017, with a median operating margin of −134.9%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability10 weight 30%
Solidity75 weight 25%
Liquidity66 weight 15%
Growth86 weight 15%
Consistency32 weight 15%

Durability: 46 (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 RIDER IN BALANCE AS?

The operating margin was −71.1% in 2025, against a median of 2.2% among small companies in the same sector. Return on assets was −33.3%. The company made a loss before tax.

How solid is RIDER IN BALANCE AS?

The equity ratio was 75.1% in 2025 (median 35.1%). Debt-to-equity was 0.33 (median 1.05).

What is the liquidity of RIDER IN BALANCE AS like?

The current ratio was 2.49 in 2025 (median 1.64).

How does RIDER IN BALANCE AS compare in Handel?

RIDER IN BALANCE AS ranks 15,507 of 30,442 in Handel for 2025. Among companies of the same size (small companies) it ranks 14,528 of 28,889. Revenue changed by 55.2% from the year before.

From the Central Coordinating Register

Org. no.
915545823
Legal form
AS
Sector
Handel (47.631)
Size tier
small
Employees
0–4 (not registered)
Founded
1 May 2015 11 years in operation
Share capital
0.04 MNOK
Business address
Kalneset Gård, Røgdestranda 399, 2256 GRUE FINNSKOG
Municipality
Grue rank 39 of 40 in KOSTRA group 1
Latest accounts filed
2025
Website
www.riderinbalance.com

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
Maria Terese Kulblik Engell
Chair of the board
Lars Lund-Roland
Board member
Maria Terese Kulblik Engell
Board member
Andreas Engell
Board member
Alison Clare Sundset
Auditor
CROWE PARTNER REVISJON AS
Accountant
SPAREBANK 1 FORRETNINGSPARTNER ØSTLANDET 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.

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index414950
Rank16,86215,18215,507
Operating margin−9.8%−67.4%−71.1%
Return on assets−9.7%−18.7%−33.3%
Equity ratio43.9%93.9%75.1%
Current ratio9.5713.602.49
Revenue growth–−21.5%55.2%

Accounts

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

Key figure202320242025
Operating revenue3.1 MNOK2.4 MNOK3.8 MNOK
Operating profit−0.3 MNOK−1.6 MNOK−2.7 MNOK
Profit before tax−0.4 MNOK−1.8 MNOK−2.6 MNOK
Net profit−0.4 MNOK−1.8 MNOK−2.6 MNOK
Financial expenses0.1 MNOK0.1 MNOK0.0 MNOK
Total assets3.1 MNOK8.8 MNOK7.6 MNOK
Current assets1.5 MNOK7.4 MNOK4.7 MNOK
Equity1.3 MNOK8.3 MNOK5.7 MNOK
Retained earnings−1.2 MNOK−3.0 MNOK−5.5 MNOK
Total liabilities1.7 MNOK0.5 MNOK1.9 MNOK
Current liabilities0.2 MNOK0.5 MNOK1.9 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7032362.

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