Bjerke Travbane AS

Org. no. 931689029 · Oslo · Founded 2023 · 108 employees

Score · fiscal year 2024

43of 100

How to read this: the company is ahead of 35 % of companies in the Morning class Small in the same sector in 2024. What does this mean?

Rank in the Morning class Small: 178 of 273 · What are Morning company classes?
Place in the whole sector: 637 of 1,028 · Kultur og fritid

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 12 and solidity 54 out of 100 among companies in the Morning class Small in the same sector in 2024. Methodology

Against the sector

Bjerke Travbane AS is 7 points below the median for companies in the Morning class Small in the same sector in 2024.

Median score 50 among 273 companies.

Against companies in the Morning class Small in the same sector in 2024: operating margin −4.5% (median 3.6%) and equity ratio 38.3% (median 31.0%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 31 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue40 MNOK18 MNOK
Operating margin −4.5% 3.6% 15 %
Profit margin −4.5% 3.2% shown, not part of the index
Return on assets −22.6% 7.0% 8 %
Equity ratio 38.3% 31.0% 57 %
Debt-to-equity 1.61 1.64 50 %
Current ratio 1.52 1.25 65 %
Revenue growth 192.2% 7.2% 99 %
Revenue per employee0.37 MNOK0.53 MNOK

The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 43, Bjerke Travbane AS does better than 35% of companies in the Morning class Small in the same sector (273 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Bjerke Travbane AS
  • Median: companies in the Morning class Small in the same sector
Analysis · 2024

What the numbers say

Bjerke Travbane AS had an operating margin of −4.5% and an equity ratio of 38.3% in 2024, and ranks 637 of 1,028 in Kultur og fritid.

From 2023 to 2024: revenue grew by 192% and the equity ratio fell from 53.5% to 38.3%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

One method gives a figure: 3 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −1.4 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −1.8 MNOK 8.0 not meaningful
P/B Equity: 3.0 MNOK 1.0 3 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 · 2024

Worth a closer look

  • watch

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin −4.5% (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 −4.5% (median 3.6%).

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

Financial costs were 0.1% of the debt in 2024. The policy rate averaged 4.50 % 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.

Stress test · 2026

Scenario analysis: the sector's weakest year

We have no accounts for 2026, the sector's weakest year, for this company.

The sector's weakest year was 2026, with a median operating margin of −5.4%. Based on the 7 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability12 weight 30%
Solidity54 weight 25%
Liquidity65 weight 15%
Growth99 weight 15%
Consistency12 weight 15%

Durability: 44 (average over 2 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2024

Questions and answers

How profitable is Bjerke Travbane AS?

The operating margin was −4.5% in 2024, against a median of 3.6% among companies in the Morning class Small in the same sector. Return on assets was −22.6%. The company made a loss before tax.

How solid is Bjerke Travbane AS?

The equity ratio was 38.3% in 2024 (median 31.0%). Debt-to-equity was 1.61 (median 1.64).

What is the liquidity of Bjerke Travbane AS like?

The current ratio was 1.52 in 2024 (median 1.25).

How does Bjerke Travbane AS compare in Kultur og fritid?

Bjerke Travbane AS ranks 637 of 1,028 in Kultur og fritid for 2024. Among companies in the Morning class Small it is number 178 of 273. Revenue changed by 192.2% from the year before.

From the Central Coordinating Register

Org. no.
931689029
Legal form
AS
Sector
Kultur og fritid (93.110)
Morning company class
Small
Employees
108 registered 10 September 2026
Founded
7 July 2023 3 years in operation
Share capital
0.10 MNOK
Business address
Refstadveien 27, 0589 OSLO
Municipality
Oslo rank 63–220 of 357 in Norway
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

Loading roles …

Source: Central Coordinating Register, fetched 31 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 31 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index454338
Rank573637740
Operating margin−4.0%−4.5%0.2%
Return on assets−9.6%−22.6%1.2%
Equity ratio53.5%38.3%35.7%
Current ratio2.111.521.24
Revenue growth–192.2%−0.7%

Accounts

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

Key figure202320242025
Operating revenue13.6 MNOK39.8 MNOK39.5 MNOK
Operating profit−0.5 MNOK−1.8 MNOK0.1 MNOK
Profit before tax−0.6 MNOK−1.8 MNOK0.1 MNOK
Net profit−0.4 MNOK−1.4 MNOK0.1 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets5.7 MNOK8.0 MNOK8.7 MNOK
Current assets5.6 MNOK7.4 MNOK7.0 MNOK
Equity3.1 MNOK3.0 MNOK3.1 MNOK
Retained earnings−0.4 MNOK−1.8 MNOK−1.8 MNOK
Total liabilities2.7 MNOK4.9 MNOK5.6 MNOK
Current liabilities2.7 MNOK4.9 MNOK5.6 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 31 October 2026, accounts id 6187439.