BEERENBERG SERVICES AS
Score · fiscal year 2023
47of 100
How to read this: the company is ahead of 46 % of large companies in the same sector in 2023. What does this mean?
Rank: 312 of 565 · Olje og gass
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 42 and solidity 47 out of 100 among large companies in the same sector in 2023. Methodology
Against the sector
BEERENBERG SERVICES AS is 3 points below the median for large companies in the same sector in 2023.
Median score 50 among 88 companies.
Against large companies in the same sector in 2023: operating margin 5.9% (median 14.7%) and equity ratio 29.4% (median 30.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 2,136 MNOK | 2,591 MNOK |
| Operating margin | 5.9% | 14.7% |
| Profit margin | 5.5% | 14.1% |
| Return on assets | 15.1% | 14.5% |
| Equity ratio | 29.4% | 30.9% |
| Debt-to-equity | 2.40 | 2.12 |
| Current ratio | 0.94 | 1.08 |
| Revenue growth | – | 12.6% |
| Revenue per employee | 1.41 MNOK | 4.15 MNOK |
The median and “ahead of” refer to large companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 47, BEERENBERG SERVICES AS does better than 46% of large companies in the same sector (88 companies) in 2023.
Score 2023–2025
- BEERENBERG SERVICES AS
- Median: large companies in the same sector
What the numbers say
BEERENBERG SERVICES AS had an operating margin of 5.9% and an equity ratio of 29.4% in 2023, and ranks 312 of 565 in Olje og gass.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 271 MNOK and 955 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 869 MNOK |
| EV/EBIT | 8.0 | 955 MNOK |
| P/B | 1.0 | 271 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 0.94 (median 1.08).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 3.4% 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.
See interest rates, prices and exchange rates for the sector
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 1.5%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 42 | weight 30% |
|---|---|---|
| Solidity | 47 | weight 25% |
| Liquidity | 24 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 80 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is BEERENBERG SERVICES AS?
The operating margin was 5.9% in 2023, against a median of 14.7% among large companies in the same sector. Return on assets was 15.1%.
How solid is BEERENBERG SERVICES AS?
The equity ratio was 29.4% in 2023 (median 30.9%). Debt-to-equity was 2.40 (median 2.12).
What is the liquidity of BEERENBERG SERVICES AS like?
The current ratio was 0.94 in 2023 (median 1.08). Current assets did not cover current liabilities.
How does BEERENBERG SERVICES AS compare in Olje og gass?
BEERENBERG SERVICES AS ranks 312 of 565 in Olje og gass for 2023. Among companies of the same size (large companies) it ranks 48 of 88.
Public contracts
- Contracts awarded since 2024
- 3
- Total awarded value since 2024
- value not stated
- Framework agreements
- 3
- Left out of the total: the value is a ceiling, not actual spend.
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 16 September 2026 | Statsbygg | 2026/3411 Rammeavtale for isolering av tekniske rørføringer på Østlandet | 5.0 MNOK (framework) |
| 4 May 2026 | Anskaffelser i Akershus, Buskerud og Østfold KO | Bruvedlikehold entrepriser - Østfold fylkeskommune - rammeavtaler | 160.0 MNOK (framework) |
| 4 March 2026 | Anskaffelser i Akershus, Buskerud og Østfold KO | Bruvedlikehold entrepriser - Akershus fylkeskommune - rammeavtaler | 160.0 MNOK (framework) |
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 27 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.
- 926146459
- Legal form
- AS
- Sector
- Olje og gass (09.109)
- Size tier
- large
- Employees
- 1,519 registered 10 October 2026
- Founded
- 21 June 1979 47 years in operation
- Share capital
- 20.20 MNOK
- Business address
- Kokstaddalen 33, 5257 KOKSTAD (BERGEN)
- Municipality
- Bergen rank 9 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
- Website
- www.beerenberg.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
- Arild Apelthun
- Chair of the board
- Padraig Martin Somers
- Board member
- Finn Kydland
- Board member
- Andre Simonsen
- Board member
- Arild Apelthun
- Board member
- Tove Grüner Becker-Kristiansen
- Deputy member
- Tore Kjell Jørgensen
- Deputy member
- Ann Kristin Midtun
- Deputy member
- Richard Tollefsen
- Deputy member
- Stian Wahlquist
- Deputy member
- Rod Esteban Villegas
- Deputy member
- Kjetil Namdal
- 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 | 47 | 45 | 37 | |
| Rank | 312 | 341 | 417 | |
| Operating margin | 5.9% | 5.8% | 7.2% | |
| Return on assets | 15.1% | 14.7% | 11.2% | |
| Equity ratio | 29.4% | 22.1% | 20.4% | |
| Current ratio | 0.94 | 0.89 | 0.89 | |
| Revenue growth | – | 27.4% | −26.1% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 2,135.6 MNOK | 2,720.6 MNOK | 2,011.3 MNOK |
| Operating profit | 124.9 MNOK | 158.2 MNOK | 145.8 MNOK |
| Profit before tax | 117.1 MNOK | 168.8 MNOK | 135.6 MNOK |
| Net profit | 86.9 MNOK | 132.1 MNOK | 105.6 MNOK |
| Financial expenses | 22.3 MNOK | 9.2 MNOK | 15.5 MNOK |
| Total assets | 922.7 MNOK | 1,211.5 MNOK | 1,347.3 MNOK |
| Current assets | 511.2 MNOK | 730.4 MNOK | 854.1 MNOK |
| Equity | 271.1 MNOK | 267.2 MNOK | 274.7 MNOK |
| Retained earnings | 242.9 MNOK | 239.1 MNOK | 246.5 MNOK |
| Total liabilities | 651.6 MNOK | 944.3 MNOK | 1,072.6 MNOK |
| Current liabilities | 546.2 MNOK | 819.3 MNOK | 954.3 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 4936521.
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