BITVERSE AS

Org. no. 922594368 · KINN · Founded 2019

Score · fiscal year 2023

84of 100

How to read this: the company is ahead of 96 % of small companies in the same sector in 2023. What does this mean?

Rank: 1,457 of 34,736 · Handel

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 92 and solidity 85 out of 100 among small companies in the same sector in 2023. Methodology

Against the sector

BITVERSE AS is 34 points above the median for small companies in the same sector in 2023.

Median score 50 among 32,558 companies.

Against small companies in the same sector in 2023: operating margin 36.7% (median 2.5%) and equity ratio 89.9% (median 39.1%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue1 MNOK4 MNOK
Operating margin 36.7% 2.5% 93 %
Profit margin 37.8% 2.2% shown, not part of the index
Return on assets 35.6% 4.0% 91 %
Equity ratio 89.9% 39.1% 87 %
Debt-to-equity 0.11 1.00 84 %
Current ratio 9.82 1.70 90 %
Revenue growth – 0.0% not compared

The median and “ahead of” refer to small companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 84, BITVERSE AS does better than 96% of small companies in the same sector (32,642 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • BITVERSE AS
  • Median: small companies in the same sector
Analysis · 2023

What the numbers say

BITVERSE AS had an operating margin of 36.7% and an equity ratio of 89.9% in 2023, and ranks 1,457 of 34,736 in Handel.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 1 MNOK and 3 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.3 MNOK 10.0 3 MNOK
EV/EBIT Operating profit: 0.3 MNOK
minus net debt −0.8 MNOK
8.0 3 MNOK
P/B Equity: 0.8 MNOK 1.0 1 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 · 2023

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 36.7% (median 2.5%); Equity ratio 89.9% (median 39.1%); Current ratio 9.82 (median 1.70).

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

Financial costs were 2.2% of the debt in 2023. The policy rate averaged 3.54 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.

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 −65.6%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability92 weight 30%
Solidity85 weight 25%
Liquidity90 weight 15%
Growth– no data, left out
Consistency57 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2023

Questions and answers

How profitable is BITVERSE AS?

The operating margin was 36.7% in 2023, against a median of 2.5% among small companies in the same sector. Return on assets was 35.6%.

How solid is BITVERSE AS?

The equity ratio was 89.9% in 2023 (median 39.1%). Debt-to-equity was 0.11 (median 1.00).

What is the liquidity of BITVERSE AS like?

The current ratio was 9.82 in 2023 (median 1.70).

How does BITVERSE AS compare in Handel?

BITVERSE AS ranks 1,457 of 34,736 in Handel for 2023. Among companies of the same size (small companies) it ranks 1,351 of 32,642.

From the Central Coordinating Register

Org. no.
922594368
Legal form
AS
Sector
Handel (46.322)
Size tier
small
Employees
0–4 (not registered)
Founded
25 March 2019 7 years in operation
Share capital
0.50 MNOK
Business address
c/o Emil Barmen, Gate 5 46, 6700 MÅLØY (KINN)
Municipality
Kinn rank 24–37 of 38 in KOSTRA group 7
Audit
Audit opted out from 5 April 2019
Latest accounts filed
2025
LEI
98450010E7F06C3FEW45 renews 4 July 2027

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
Emil Barmen
Chair of the board
Emil Barmen

Source: Central Coordinating Register, fetched 29 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
Index844559
Rank1,45722,43611,953
Operating margin36.7%−37.8%−6.9%
Return on assets35.6%−19.0%3.3%
Equity ratio89.9%86.4%77.8%
Current ratio9.827.254.48
Revenue growth–−45.8%85.7%

Accounts

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

Key figure202320242025
Operating revenue0.8 MNOK0.4 MNOK0.8 MNOK
Operating profit0.3 MNOK−0.2 MNOK−0.1 MNOK
Profit before tax0.3 MNOK−0.1 MNOK−0.1 MNOK
Net profit0.3 MNOK−0.1 MNOK−0.1 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.1 MNOK
Total assets0.9 MNOK0.8 MNOK0.8 MNOK
Current assets0.9 MNOK0.7 MNOK0.7 MNOK
Equity0.8 MNOK0.6 MNOK0.6 MNOK
Retained earnings0.2 MNOK0.1 MNOK0.0 MNOK
Total liabilities0.1 MNOK0.1 MNOK0.2 MNOK
Current liabilities0.1 MNOK0.1 MNOK0.2 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 4854531.

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