BORLAUG & Brosvik Transport AS
Score · fiscal year 2025
48of 100
How to read this: the company is ahead of 47 % of companies in the Morning class Medium in the same sector in 2025. What does this mean?
Rank in the Morning class Medium: 311 of 581 · What are Morning company classes?
Place in the whole sector: 1,383 of 2,587 · Transport og lagring
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 78 and solidity 15 out of 100 among companies in the Morning class Medium in the same sector in 2025. Methodology
Against the sector
BORLAUG & Brosvik Transport AS is 2 points below the median for companies in the Morning class Medium in the same sector in 2025.
Median score 50 among 581 companies.
Against companies in the Morning class Medium in the same sector in 2025: operating margin 14.3% (median 3.7%) and equity ratio 9.2% (median 29.0%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 308 MNOK | 98 MNOK |
| Operating margin | 14.3% | 3.7% |
| Profit margin | 12.7% | 3.5% |
| Return on assets | 14.7% | 9.8% |
| Equity ratio | 9.2% | 29.0% |
| Debt-to-equity | 9.81 | 2.35 |
| Current ratio | 1.09 | 1.31 |
| Revenue growth | 17.4% | 7.8% |
| Revenue per employee | 2.90 MNOK | 2.45 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 48, BORLAUG & Brosvik Transport AS does better than 47% of companies in the Morning class Medium in the same sector (581 companies) in 2025.
Score 2023–2025
- BORLAUG & Brosvik Transport AS
- Median: companies in the Morning class Medium in the same sector
BORLAUG & Brosvik Transport AS has a score of 48 for 2025, rank 1,383 of 2,587 in the sector.
Strongest: Profitability: percentile 78 against peers, operating margin 14.3% against a median of 3.7%. Growth: percentile 76 against peers, revenue growth 17.4% against a median of 7.8%.
Weakest: Solidity: percentile 15 against peers, equity ratio 9.2% against a median of 29.0%. Liquidity: percentile 31 against peers, current ratio 1.09 against a median of 1.31.
Worth a closer look
- The equity ratio is very low. Could the company absorb a bad year, and does it need more equity? Based on: equity ratio 9.2% (median 29.0%).
- What lies behind weak solidity, and will it last?
- What lies behind weak liquidity, 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
BORLAUG & Brosvik Transport AS had an operating margin of 14.3% and an equity ratio of 9.2% in 2025, and ranks 1,383 of 2,587 in Transport og lagring.
From 2024 to 2025: revenue grew by 17% and the operating margin rose from 11.3% to 14.3%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 29 MNOK and 187 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 15.1 | 182 MNOK |
| EV/EBIT | 16.7 | 187 MNOK |
| P/B | 1.8 | 29 MNOK |
The listed basis is the value at listed multiples. The estimate is lowered by 46% for an unlisted company: 20% for lack of marketability and 32% for size (a small-company premium of 3% on the cost of equity).
A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. See the calculation
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 9.2% (median 29.0%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 2.7% 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 2.9%. Based on the 8 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 78 | weight 30% |
|---|---|---|
| Solidity | 15 | weight 25% |
| Liquidity | 31 | weight 15% |
| Growth | 76 | weight 15% |
| Consistency | 34 | weight 15% |
Durability: 59 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is BORLAUG & Brosvik Transport AS?
The operating margin was 14.3% in 2025, against a median of 3.7% among companies in the Morning class Medium in the same sector. Return on assets was 14.7%.
How solid is BORLAUG & Brosvik Transport AS?
The equity ratio was 9.2% in 2025 (median 29.0%). Debt-to-equity was 9.81 (median 2.35).
What is the liquidity of BORLAUG & Brosvik Transport AS like?
The current ratio was 1.09 in 2025 (median 1.31).
How does BORLAUG & Brosvik Transport AS compare in Transport og lagring?
BORLAUG & Brosvik Transport AS ranks 1,383 of 2,587 in Transport og lagring for 2025. Among companies in the Morning class Medium it is number 311 of 581. Revenue changed by 17.4% from the year before.
Group accounts · 2025
34 of 100
Rank 21 of 27 groups in the Morning class Medium in Transport og lagring. Groups are ranked only against other groups in the same sector and class, never against single companies.
- Operating revenue, group
- 308 MNOK
- Operating profit, group
- 44 MNOK
- Profit before tax, group
- 39 MNOK
- Total assets, group
- 326 MNOK
- Equity, group
- 29 MNOK
| Key figure | The group | The company alone (2025) |
|---|---|---|
| Operating margin | 14.3% | 14.3% |
| Return on assets | 14.4% | 14.7% |
| Equity ratio | 9.0% | 9.2% |
| Current ratio | 1.10 | 1.09 |
| Revenue growth | – | 17.4% |
Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.
Source: Brønnøysund Register Centre, group accounts 2025 (open data, NLOD 2.0).
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 984361203
- Legal form
- AS
- Sector
- Transport og lagring (49.410)
- Morning company class
- Medium
- Employees
- 106 registered 10 October 2026
- Founded
- 19 March 2002 24 years in operation
- Share capital
- 0.25 MNOK
- Business address
- Rosslandsvegen 394, 5918 FREKHAUG (ALVER)
- Municipality
- Alver rank 13–24 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
Loading roles …
Source: Central Coordinating Register, fetched 31 October 2026. Only names are shown.
Shareholders (2025)
- Number of shareholders
- 4
- Largest owner
- 39.3% · top three 88.2%
- Split
- companies 46% · private persons 54% · foreign 0%
- Owned from the same municipality
- 66%
- Bring Cargo AS · 34.0%
- Borlaug AS · 11.8%
- 2 private persons · 54.2%
Change 2007–2025:
65% of the shares changed owner (2 new and 1 departed owners). The majority owner changed.
New owners (companies): Borlaug AS, Bring Cargo AS
Majority owner of: Lerum Frakt AS (100%)
Holds shares in: Lerum Frakt AS (100%)
Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.
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 1 November 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 80 | 49 | 48 | |
| Rank | 237 | 1,326 | 1,383 | |
| Operating margin | 8.2% | 11.3% | 14.3% | |
| Return on assets | 33.3% | 15.1% | 14.7% | |
| Equity ratio | 40.4% | 11.5% | 9.2% | |
| Current ratio | 1.88 | 1.17 | 1.09 | |
| Revenue growth | – | 10.8% | 17.4% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 236.4 MNOK | 262.0 MNOK | 307.6 MNOK |
| Operating profit | 19.5 MNOK | 29.7 MNOK | 44.1 MNOK |
| Profit before tax | 20.2 MNOK | 25.9 MNOK | 39.0 MNOK |
| Tax expense | 4.4 MNOK | 5.7 MNOK | 8.6 MNOK |
| Net profit | 15.8 MNOK | 20.3 MNOK | 30.4 MNOK |
| Financial expenses | 0.5 MNOK | 5.6 MNOK | 7.8 MNOK |
| Total assets | 62.2 MNOK | 209.4 MNOK | 318.0 MNOK |
| Current assets | 51.8 MNOK | 68.6 MNOK | 92.1 MNOK |
| Equity | 25.1 MNOK | 24.0 MNOK | 29.4 MNOK |
| Retained earnings | 24.9 MNOK | 23.8 MNOK | 29.2 MNOK |
| Total liabilities | 37.1 MNOK | 185.3 MNOK | 288.6 MNOK |
| Current liabilities | 27.5 MNOK | 58.4 MNOK | 84.6 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 1 November 2026, accounts id 7105427.
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