BUNOR AS

Org. no. 924926937 · GRIMSTAD · Founded 2020 · 17 employees

Score · fiscal year 2025

43of 100

How to read this: the company is ahead of 37 % of small companies in the same sector in 2025. What does this mean?

Rank: 20,586 of 32,581 · Bygg og anlegg

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 50 and solidity 9 out of 100 among small companies in the same sector in 2025. Methodology

Against the sector

BUNOR AS is 7 points below the median for small companies in the same sector in 2025.

Median score 50 among 31,471 companies.

Against small companies in the same sector in 2025: operating margin 2.3% (median 3.7%) and equity ratio 0.4% (median 36.5%).

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 revenue33 MNOK3 MNOK
Operating margin 2.3% 3.7% 44 %
Profit margin 1.4% 3.4% shown, not part of the index
Return on assets 9.1% 5.7% 57 %
Equity ratio 0.4% 36.5% 18 %
Debt-to-equity 239.83 1.20 0 %
Current ratio 1.02 1.45 30 %
Revenue growth 65.7% 3.0% 86 %
Revenue per employee1.93 MNOK1.46 MNOK

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 43, BUNOR AS does better than 37% of small companies in the same sector (31,719 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • BUNOR AS
  • Median: small companies in the same sector
Summary analysis

BUNOR AS has a score of 43 for 2025, rank 20,586 of 32,581 in the sector.

Strongest: Growth: percentile 86 against peers, revenue growth 65.7% against a median of 3.0%.

Weakest: Solidity: percentile 9 against peers, equity ratio 0.4% against a median of 36.5%. Liquidity: percentile 30 against peers, current ratio 1.02 against a median of 1.45.

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

BUNOR AS had an operating margin of 2.3% and an equity ratio of 0.4% in 2025, and ranks 20,586 of 32,581 in Bygg og anlegg.

From 2024 to 2025: revenue grew by 66% and the equity ratio fell from 9.7% to 0.4%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 0 MNOK and 6 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.4 MNOK 10.0 4 MNOK
EV/EBIT Operating profit: 0.7 MNOK
minus net debt −0.3 MNOK
8.0 6 MNOK
P/B Equity: 0.0 MNOK 1.0 0 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 equity ratio is very low. Could the company absorb a bad year, and does it need more equity?

    Based on: Equity ratio 0.4% (median 36.5%).

  • watch

    Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?

    Based on: Revenue growth 65.7% (median 3.0%); Current ratio 1.02 (median 1.45).

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

Financial costs were 3.6% 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.

Data quality

No anomalies found in the figures.

Stress test · 2022

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 2.4%. 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

Profitability50 weight 30%
Solidity9 weight 25%
Liquidity30 weight 15%
Growth86 weight 15%
Consistency57 weight 15%

Durability: 40 (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 BUNOR AS?

The operating margin was 2.3% in 2025, against a median of 3.7% among small companies in the same sector. Return on assets was 9.1%.

How solid is BUNOR AS?

The equity ratio was 0.4% in 2025 (median 36.5%). Debt-to-equity was 239.83 (median 1.20).

What is the liquidity of BUNOR AS like?

The current ratio was 1.02 in 2025 (median 1.45).

How does BUNOR AS compare in Bygg og anlegg?

BUNOR AS ranks 20,586 of 32,581 in Bygg og anlegg for 2025. Among companies of the same size (small companies) it ranks 19,864 of 31,719. Revenue changed by 65.7% from the year before.

From the Central Coordinating Register

Org. no.
924926937
Legal form
AS
Sector
Bygg og anlegg (41.000)
Size tier
small
Employees
17 registered 10 October 2026
Founded
1 April 2020 6 years in operation
Share capital
0.03 MNOK
Business address
Reddal 131, 4886 GRIMSTAD
Municipality
Grimstad rank 7–18 of 27 in KOSTRA group 9
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
Øyvind Sønderland
Chair of the board
Øyvind Sønderland
Board member
Maria Anita Sønderland
Auditor
BDO AS
Accountant
MERKANT AS
Accountant
VIEW GROUP AS

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
Index433343
Rank17,73224,22720,586
Operating margin1.7%2.4%2.3%
Return on assets10.2%5.0%9.1%
Equity ratio24.7%9.7%0.4%
Current ratio1.331.111.02
Revenue growth–−28.1%65.7%

Accounts

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

Key figure202320242025
Operating revenue27.6 MNOK19.8 MNOK32.8 MNOK
Operating profit0.5 MNOK0.5 MNOK0.7 MNOK
Profit before tax0.5 MNOK0.3 MNOK0.5 MNOK
Net profit0.4 MNOK0.2 MNOK0.4 MNOK
Financial expenses0.0 MNOK0.2 MNOK0.3 MNOK
Total assets4.8 MNOK10.1 MNOK8.4 MNOK
Current assets4.8 MNOK10.1 MNOK8.4 MNOK
Equity1.2 MNOK1.0 MNOK0.0 MNOK
Retained earnings1.2 MNOK1.0 MNOK0.0 MNOK
Total liabilities3.6 MNOK9.1 MNOK8.4 MNOK
Current liabilities3.6 MNOK9.1 MNOK8.3 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6900528.

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