BØRSET BYGG AS
Score · fiscal year 2025
6of 100
How to read this: the company is ahead of 3 % of small companies in the same sector in 2025. What does this mean?
Rank: 22,802 of 23,305 · Bygg og anlegg
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 2 and solidity 0 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
BØRSET BYGG AS is 44 points below the median for small companies in the same sector in 2025.
Median score 50 among 22,742 companies.
Against small companies in the same sector in 2025: operating margin −163.8% (median 3.6%) and equity ratio −26.1% (median 32.5%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 0 MNOK | 2 MNOK |
| Operating margin | −163.8% | 3.6% |
| Profit margin | −169.0% | 3.2% |
| Return on assets | −267.8% | 5.4% |
| Equity ratio | −26.1% | 32.5% |
| Debt-to-equity | – | 1.34 |
| Current ratio | 0.27 | 1.35 |
| Revenue growth | −92.4% | 5.1% |
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 6, BØRSET BYGG AS does better than 3% of small companies in the same sector (22,957 companies) in 2025.
Score 2023–2025
- BØRSET BYGG AS
- Median: small companies in the same sector
What the numbers say
BØRSET BYGG AS had an operating margin of −163.8% and an equity ratio of −26.1% in 2025, and ranks 22,802 of 23,305 in Bygg og anlegg.
From 2024 to 2025: the operating margin fell from 8.4% to −163.8% and the equity ratio fell from 44.5% to −26.1%.
This text is generated automatically from the 2025 accounts.
Three simple methods
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | not meaningful |
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
- critical
Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?
Based on: Equity ratio −26.1% (median 32.5%).
- critical
Consider strengthening liquidity: current liabilities are 3.7 times current assets.
Based on: Current ratio 0.27 (median 1.35).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −169.0% (median 3.2%).
- 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 −163.8% (median 3.6%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
- watch Extreme margin: check the figures
- critical Negative equity
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 2.1%. 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 | 2 | weight 30% |
|---|---|---|
| Solidity | 0 | weight 25% |
| Liquidity | 9 | weight 15% |
| Growth | 3 | weight 15% |
| Consistency | 20 | weight 15% |
Durability: 44 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is BØRSET BYGG AS?
The operating margin was −163.8% in 2025, against a median of 3.6% among small companies in the same sector. Return on assets was −267.8%. The company made a loss before tax.
How solid is BØRSET BYGG AS?
The equity ratio was −26.1% in 2025 (median 32.5%). Equity is negative, so liabilities exceed assets.
What is the liquidity of BØRSET BYGG AS like?
The current ratio was 0.27 in 2025 (median 1.35). Current assets did not cover current liabilities.
How does BØRSET BYGG AS compare in Bygg og anlegg?
BØRSET BYGG AS ranks 22,802 of 23,305 in Bygg og anlegg for 2025. Among companies of the same size (small companies) it ranks 22,239 of 22,957. Revenue changed by −92.4% from the year before.
From the Central Coordinating Register
- Org. no.
- 921417098
- Legal form
- AS
- Sector
- Bygg og anlegg (41.000)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 9 August 2018 8 years in operation
- Share capital
- 0.10 MNOK
- Business address
- Rindalslina 1834, 6658 RINDALSSKOGEN
- Municipality
- Rindal rank 6–30 of 39 in KOSTRA group 4
- Audit
- Audit opted out from 18 September 2018
- 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
- Chief executive
- Ingar Børset
- Chair of the board
- Ingar Børset
- Board member
- Stian Halgunset
- Accountant
- STATERA ØKONOMI 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 | 57 | 70 | 6 | |
| Rank | 7,735 | 3,175 | 22,802 | |
| Operating margin | 5.0% | 8.4% | −163.8% | |
| Return on assets | 18.7% | 32.3% | −267.8% | |
| Equity ratio | 34.4% | 44.5% | −26.1% | |
| Current ratio | 1.80 | 1.68 | 0.27 | |
| Revenue growth | – | 66.5% | −92.4% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 2.4 MNOK | 4.0 MNOK | 0.3 MNOK |
| Operating profit | 0.1 MNOK | 0.3 MNOK | −0.5 MNOK |
| Profit before tax | 0.1 MNOK | 0.3 MNOK | −0.5 MNOK |
| Net profit | 0.1 MNOK | 0.2 MNOK | −0.5 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 0.7 MNOK | 1.1 MNOK | 0.2 MNOK |
| Current assets | 0.4 MNOK | 0.8 MNOK | 0.0 MNOK |
| Equity | 0.2 MNOK | 0.5 MNOK | 0.0 MNOK |
| Retained earnings | 0.1 MNOK | 0.4 MNOK | −0.1 MNOK |
| Total liabilities | 0.4 MNOK | 0.6 MNOK | 0.2 MNOK |
| Current liabilities | 0.2 MNOK | 0.5 MNOK | 0.1 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6939684.
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