CIRCLE K NORGE AS
The company is in the top quarter of its industry
The company kept 2.3 % of every krone in 2024. The median among 32 companies in engroshandel med drivstoff, brensel og beslektede produkter was 1.1 %.
Key figures 2024
- Revenue
- 14 bn kr
- Operating profit
- 317 m kr
- Operating margin
- 2.3 %industry median 1.1 %
- Equity ratio
- 59.3 %industry median 26.2 %
- Revenue growth
- -27.0 %from the year before
- Equity
- 3.6 bn kr
The industry
Where the company stands among 32 companies
Among 32 companies in this industry, the top third earned 5.4 % on every krone, against 0.1 % for the weakest third. The spread is 5 percentage points.
We did not find enough companies of roughly the same size to compare within a size band, so this is the whole industry regardless of size. The median company had revenue of 461.1 m kr, against 14 bn kr here. Read the position with that in mind.
See the full picture for wholesale of solid, liquid and gaseous fuels and related products
How the company stands
Margin says how it went, the balance sheet says how the company stands
Two companies on the same margin can be in entirely different situations. These figures come from the balance sheet and say something about how well the company would take a bad quarter.
- 0.9Current ratioWorth a look
- What the company owes within the year is larger than what it holds to pay it. This is the most common reason otherwise healthy companies get into trouble. How many kroner the company holds in current assets for every krone falling due within the year. Below 1 means the bills coming due are larger than what there is to pay them with.
- 0.7Debt to equityStrong
- The company is financed mainly with its own money. How many kroner of debt the company carries per krone of equity. Lower is safer.
- 9.6Interest coverStrong
- Interest is a small part of what the company earns. How many times the operating result covers the interest the company pays.
- -2 bn krRetained earningsWorth a look
- On balance the company has consumed more than it has earned. The paid-in capital has funded operations. How much the company has earned and kept across its whole life, beyond what the owners put in.
Public contracts
Public contracts the company has won
We find 26 public contracts awarded to the company between 2022 and 2026. Total stated value is 201.1 m kr.
| Year | Buyer | Value | Comes up again |
|---|---|---|---|
| 2026 | Kristiansand Kommune · framework agreement | 4.6 m kr | |
| 2026 | Simas Iks · framework agreement | 14.1 m kr | |
| 2026 | Tromsø kommune · framework agreement | not stated | |
| 2026 | Voss kommune · framework agreement | not stated | |
| 2026 | Moss kommune · framework agreement | not stated | |
| 2025 | Kristiansand Kommune · framework agreement | not stated | |
| 2025 | Politiets fellestjenester · framework agreement | not stated | |
| 2025 | Politiets fellestjenester · framework agreement | not stated | |
| 2025 | Politiets fellestjenester · framework agreement | not stated | |
| 2025 | Innherred Anskaffelser | not stated | |
| 2025 | Øvre Romerike Innkjøpssamarbeid | not stated | |
| 2025 | Bir AS · framework agreement | 93.8 m kr |
and 14 more
A value is stated on 8 of 26 contracts. The total covers only those.
Contracts come from Doffin and TED. Our collection is not complete, and TED covers only contracts above the EEA threshold, so the figures are a floor and not a full count. We say what we find, not what exists.
Contract values are reported in euro and converted to kroner at the Norges Bank rate of 10.79 (2026-09-16).
History
How it has developed
| Year | Revenue | Operating profit | Margin |
|---|---|---|---|
| 2024 | 14 bn kr | 317 m kr | 2.3 % |
| 2023 | 19.2 bn kr | 30 m kr | 0.2 % |
| 2022 | 13.7 bn kr | 250 m kr | 1.8 % |
| 2021 | 9.5 bn kr | 661 m kr | 6.9 % |
| 2020 | 11.3 bn kr | 576 m kr | 5.1 % |
| 2019 | 12.7 bn kr | 541 m kr | 4.3 % |
| 2018 | 11.8 bn kr | 696 m kr | 5.9 % |
| 2017 | 12.5 bn kr | 922 m kr | 7.4 % |
| 2016 | 12.1 bn kr | 1.1 bn kr | 9.0 % |
| 2015 | 15.8 bn kr | 1 bn kr | 6.5 % |
Next step
The figures say where the company stands, not why
The accounts show the result of how the company is run, but say nothing about where in the working day the time and the money disappear. That is only found by walking through the flow itself, from the job coming in to the money being on the account.