Bartec AS

Org. no. 980932834 · Sandnes · Founded 1999 · 73 employees

Score · fiscal year 2025

67of 100

How to read this: the company is ahead of 81 % of companies in the Morning class Medium in the same sector in 2025. What does this mean?

Rank in the Morning class Medium: 148 of 776 · What are Morning company classes?
Place in the whole sector: 420 of 2,393 · Industri

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 81 and solidity 59 out of 100 among companies in the Morning class Medium in the same sector in 2025. Methodology

Against the sector

Bartec AS is 16 points above the median for companies in the Morning class Medium in the same sector in 2025.

Median score 51 among 776 companies.

Against companies in the Morning class Medium in the same sector in 2025: operating margin 9.8% (median 4.6%) and equity ratio 43.4% (median 37.9%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 2 November 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue332 MNOK164 MNOK
Operating margin 9.8% 4.6% 77 %
Profit margin 9.6% 4.3% shown, not part of the index
Return on assets 24.7% 9.6% 85 %
Equity ratio 43.4% 37.9% 60 %
Debt-to-equity 1.30 1.56 59 %
Current ratio 1.63 1.51 57 %
Revenue growth 19.4% 6.9% 76 %
Revenue per employee4.55 MNOK2.67 MNOK

The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 67, Bartec AS does better than 81% of companies in the Morning class Medium in the same sector (776 companies) in 2025.

Over time

Score 2024–2026

CompanyMedian0255075100202420252026
  • Bartec AS
  • Median: companies in the Morning class Medium in the same sector
Summary analysis

Bartec AS has a score of 67 for 2025, rank 420 of 2,393 in the sector.

Strongest: Profitability: percentile 81 against peers, operating margin 9.8% against a median of 4.6%. Growth: percentile 76 against peers, revenue growth 19.4% against a median of 6.9%.

No area is clearly below its peers.

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

Bartec AS had an operating margin of 9.8% and an equity ratio of 43.4% in 2025, and ranks 420 of 2,393 in Industri.

From 2024 to 2025: the equity ratio rose from 30.5% to 43.4% and the operating margin fell from 14.8% to 9.8%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 65 MNOK and 280 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 28.0 MNOK 10.0 280 MNOK
EV/EBIT Operating profit: 32.4 MNOK
minus net debt −8.6 MNOK
8.0 268 MNOK
P/B Equity: 65.3 MNOK 1.0 65 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

No rules were triggered for this year.

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

Financial costs were 6.0% 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.

See interest rates, prices and exchange rates for the sector

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 −0.8%. 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

Profitability81 weight 30%
Solidity59 weight 25%
Liquidity57 weight 15%
Growth76 weight 15%
Consistency56 weight 15%

Durability: 59 (average over 2 years)

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

2025

Questions and answers

How profitable is Bartec AS?

The operating margin was 9.8% in 2025, against a median of 4.6% among companies in the Morning class Medium in the same sector. Return on assets was 24.7%.

How solid is Bartec AS?

The equity ratio was 43.4% in 2025 (median 37.9%). Debt-to-equity was 1.30 (median 1.56).

What is the liquidity of Bartec AS like?

The current ratio was 1.63 in 2025 (median 1.51).

How does Bartec AS compare in Industri?

Bartec AS ranks 420 of 2,393 in Industri for 2025. Among companies in the Morning class Medium it is number 148 of 776. Revenue changed by 19.4% from the year before.

From the Central Coordinating Register

Org. no.
980932834
Legal form
AS
Sector
Industri (27.900)
Morning company class
Medium
Employees
73 registered 10 October 2026
Founded
15 June 1999 27 years in operation
Share capital
31.25 MNOK
Business address
Vestre Svanholmen 24, 4313 SANDNES
Municipality
Sandnes rank 4 of 11 in KOSTRA group 12
Latest accounts filed
2026
Website
www.bartec-technor.no

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 2 November 2026.

Details

Year by year · 2024–2026

Key figure202420252026Trend
Index506761
Rank1,2044206
Operating margin14.8%9.8%6.2%
Return on assets42.6%24.7%17.4%
Equity ratio30.5%43.4%53.9%
Current ratio1.301.631.99
Revenue growth–19.4%9.1%

Accounts

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

Key figure202420252026
Operating revenue278.3 MNOK332.4 MNOK362.5 MNOK
Operating profit41.3 MNOK32.4 MNOK22.3 MNOK
Profit before tax41.2 MNOK32.0 MNOK18.7 MNOK
Net profit38.9 MNOK28.0 MNOK17.6 MNOK
Financial expenses10.9 MNOK5.1 MNOK8.0 MNOK
Total assets122.4 MNOK150.5 MNOK153.8 MNOK
Current assets110.8 MNOK138.5 MNOK140.9 MNOK
Equity37.3 MNOK65.3 MNOK82.9 MNOK
Retained earnings−142.4 MNOK−114.4 MNOK−96.8 MNOK
Total liabilities85.0 MNOK85.1 MNOK70.8 MNOK
Current liabilities85.0 MNOK85.1 MNOK70.8 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 2 November 2026, accounts id 6109569.