Bir AS
Score · fiscal year 2025
45of 100
How to read this: the company is ahead of 41 % of companies in the Morning class Large in the same sector in 2025. What does this mean?
Rank in the Morning class Large: 11 of 18 · What are Morning company classes?
Place in the whole sector: 103 of 160 · Vann, avløp og renovasjon
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 56 and solidity 24 out of 100 among companies in the Morning class Large in the same sector in 2025. Methodology
Against the sector
Bir AS is 3 points below the median for companies in the Morning class Large in the same sector in 2025.
Median score 48 among 18 companies.
Against companies in the Morning class Large in the same sector in 2025: operating margin 10.9% (median 3.4%) and equity ratio 15.8% (median 28.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 897 MNOK | 1,092 MNOK |
| Operating margin | 10.9% | 3.4% |
| Profit margin | 4.6% | 5.3% |
| Return on assets | 4.7% | 10.2% |
| Equity ratio | 15.8% | 28.4% |
| Debt-to-equity | 5.32 | 2.52 |
| Current ratio | 1.89 | 0.98 |
| Revenue growth | −4.6% | 4.8% |
| Revenue per employee | 16.61 MNOK | 5.78 MNOK |
The median and “ahead of” refer to companies in the Morning class Large in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 45, Bir AS does better than 41% of companies in the Morning class Large in the same sector (18 companies) in 2025.
Score 2023–2025
- Bir AS
- Median: companies in the Morning class Large in the same sector
Bir AS has a score of 45 for 2025, rank 103 of 160 in the sector.
Strongest: Liquidity: percentile 88 against peers, current ratio 1.89 against a median of 0.98.
Weakest: Growth: percentile 6 against peers, revenue growth −4.6% against a median of 4.8%. Solidity: percentile 24 against peers, equity ratio 15.8% against a median of 28.4%.
Worth a closer look
- What lies behind weak growth, and will it last?
- What lies behind weak solidity, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
Bir AS had an operating margin of 10.9% and an equity ratio of 15.8% in 2025, and ranks 103 of 160 in Vann, avløp og renovasjon.
No large changes in the key figures from 2024 to 2025.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 362 MNOK and 572 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 362 MNOK |
| EV/EBIT | 8.0 | debt above value |
| P/B | 1.0 | 572 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
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 4.2% 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.
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 1.1%. Based on the 4 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 56 | weight 30% |
|---|---|---|
| Solidity | 24 | weight 25% |
| Liquidity | 88 | weight 15% |
| Growth | 6 | weight 15% |
| Consistency | 52 | weight 15% |
Durability: 46 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Bir AS?
The operating margin was 10.9% in 2025, against a median of 3.4% among companies in the Morning class Large in the same sector. Return on assets was 4.7%.
How solid is Bir AS?
The equity ratio was 15.8% in 2025 (median 28.4%). Debt-to-equity was 5.32 (median 2.52).
What is the liquidity of Bir AS like?
The current ratio was 1.89 in 2025 (median 0.98).
How does Bir AS compare in Vann, avløp og renovasjon?
Bir AS ranks 103 of 160 in Vann, avløp og renovasjon for 2025. Among companies in the Morning class Large it is number 11 of 18. Revenue changed by −4.6% from the year before.
From the Central Coordinating Register
- Org. no.
- 983495400
- Legal form
- AS
- Sector
- Vann, avløp og renovasjon (38.110)
- Morning company class
- Large
- Employees
- 54 registered 10 September 2026
- Founded
- 26 June 2001 25 years in operation
- Share capital
- 50.67 MNOK
- Business address
- Lungegårdskaien 42, 5015 BERGEN
- Municipality
- Bergen rank 8 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
- LEI
- 5493005Z47V2L6OLOE94 renews 7 May 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
Loading roles …
Source: Central Coordinating Register, fetched 31 October 2026. Only names are shown.
- Parent company
- No parent company: owned by persons
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 30 October 2026. The parent is the one the company itself reported to GLEIF.
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 2 November 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 34 | 59 | 45 | |
| Rank | 115 | 50 | 103 | |
| Operating margin | 6.7% | 10.2% | 10.9% | |
| Return on assets | 4.0% | 4.7% | 4.7% | |
| Equity ratio | 11.7% | 16.3% | 15.8% | |
| Current ratio | 1.47 | 2.59 | 1.89 | |
| Revenue growth | – | 34.6% | −4.6% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 698.6 MNOK | 940.0 MNOK | 896.8 MNOK |
| Operating profit | 46.6 MNOK | 96.0 MNOK | 97.4 MNOK |
| Profit before tax | 20.5 MNOK | 33.3 MNOK | 41.4 MNOK |
| Net profit | 22.5 MNOK | 28.5 MNOK | 36.2 MNOK |
| Financial expenses | 111.9 MNOK | 130.5 MNOK | 127.5 MNOK |
| Total assets | 3,280.8 MNOK | 3,489.4 MNOK | 3,613.2 MNOK |
| Current assets | 455.7 MNOK | 462.1 MNOK | 542.3 MNOK |
| Equity | 384.9 MNOK | 568.0 MNOK | 572.1 MNOK |
| Retained earnings | 316.2 MNOK | 499.2 MNOK | 503.4 MNOK |
| Total liabilities | 2,895.9 MNOK | 2,921.5 MNOK | 3,041.0 MNOK |
| Current liabilities | 310.0 MNOK | 178.3 MNOK | 286.7 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 2 November 2026, accounts id 7212166.
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