Techsafe AS
Score · fiscal year 2024
93of 100
How to read this: the company is ahead of 100 % of companies in the Morning class Micro in the same sector in 2024. What does this mean?
Rank in the Morning class Micro: 3 of 1,789 · What are Morning company classes?
Place in the whole sector: 5 of 2,572 · Teknisk tjenesteyting og forskning
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 95 and solidity 98 out of 100 among companies in the Morning class Micro in the same sector in 2024. Methodology
Against the sector
Techsafe AS is 43 points above the median for companies in the Morning class Micro in the same sector in 2024.
Median score 50 among 1,789 companies.
Against companies in the Morning class Micro in the same sector in 2024: operating margin 81.2% (median 7.1%) and equity ratio 95.6% (median 44.1%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 2 MNOK | 3 MNOK |
| Operating margin | 81.2% | 7.1% |
| Profit margin | 80.8% | 6.8% |
| Return on assets | 58.4% | 13.4% |
| Equity ratio | 95.6% | 44.1% |
| Debt-to-equity | 0.05 | 1.01 |
| Current ratio | 22.69 | 1.68 |
| Revenue growth | 44.0% | 5.1% |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 93, Techsafe AS does better than 100% of companies in the Morning class Micro in the same sector (1,789 companies) in 2024.
Score 2023–2025
- Techsafe AS
- Median: companies in the Morning class Micro in the same sector
What the numbers say
Techsafe AS had an operating margin of 81.2% and an equity ratio of 95.6% in 2024, and ranks 5 of 2,572 in Teknisk tjenesteyting og forskning.
From 2023 to 2024: revenue grew by 44% and the equity ratio rose from 83.9% to 95.6%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 3 MNOK and 14 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 13 MNOK |
| EV/EBIT | 8.0 | 14 MNOK |
| P/B | 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
Worth a closer look
- positive
Upper quartile on profitability, solidity and liquidity. What sets this company apart from the rest of the sector?
Based on: Operating margin 81.2% (median 7.1%); Equity ratio 95.6% (median 44.1%); Current ratio 22.69 (median 1.68).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 6.3% 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.
Scenario analysis: the sector's weakest year
We have no accounts for 2021, the sector's weakest year, for this company.
The sector's weakest year was 2021, with a median operating margin of −0.2%. 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 | 95 | weight 30% |
|---|---|---|
| Solidity | 98 | weight 25% |
| Liquidity | 99 | weight 15% |
| Growth | 83 | weight 15% |
| Consistency | 84 | weight 15% |
Durability: 92 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Techsafe AS?
The operating margin was 81.2% in 2024, against a median of 7.1% among companies in the Morning class Micro in the same sector. Return on assets was 58.4%.
How solid is Techsafe AS?
The equity ratio was 95.6% in 2024 (median 44.1%). Debt-to-equity was 0.05 (median 1.01).
What is the liquidity of Techsafe AS like?
The current ratio was 22.69 in 2024 (median 1.68).
How does Techsafe AS compare in Teknisk tjenesteyting og forskning?
Techsafe AS ranks 5 of 2,572 in Teknisk tjenesteyting og forskning for 2024. Among companies in the Morning class Micro it is number 3 of 1,789. Revenue changed by 44.0% from the year before.
From the Central Coordinating Register
- Org. no.
- 826044632
- Legal form
- AS
- Sector
- Teknisk tjenesteyting og forskning (71.129)
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 1 October 2020 6 years in operation
- Share capital
- 0.03 MNOK
- Business address
- c/o Aventech, Andøyveien 27, 4623 KRISTIANSAND S
- Municipality
- Kristiansand rank 2–6 of 11 in KOSTRA group 12
- Audit
- Audit opted out from 26 November 2020
- 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 1 November 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.
Figures last fetched 30 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 91 | 93 | – | |
| Rank | 45 | 5 | – | |
| Operating margin | 83.6% | 81.2% | −983.7% | |
| Return on assets | 38.4% | 58.4% | −130.2% | |
| Equity ratio | 83.9% | 95.6% | 49.0% | |
| Current ratio | 6.21 | 22.69 | 1.96 | |
| Revenue growth | – | 44.0% | −90.2% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 1.4 MNOK | 2.1 MNOK | 0.2 MNOK |
| Operating profit | 1.2 MNOK | 1.7 MNOK | −2.0 MNOK |
| Profit before tax | 1.2 MNOK | 1.7 MNOK | −2.0 MNOK |
| Net profit | 0.9 MNOK | 1.3 MNOK | −2.0 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 3.1 MNOK | 2.9 MNOK | 1.5 MNOK |
| Current assets | 3.1 MNOK | 2.9 MNOK | 1.5 MNOK |
| Equity | 2.6 MNOK | 2.7 MNOK | 0.7 MNOK |
| Retained earnings | 2.6 MNOK | 2.7 MNOK | 0.7 MNOK |
| Total liabilities | 0.5 MNOK | 0.1 MNOK | 0.8 MNOK |
| Current liabilities | 0.5 MNOK | 0.1 MNOK | 0.8 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 6316485.
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