Alpha Software AS
Score · fiscal year 2025
65of 100
How to read this: the company is ahead of 77 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?
Rank in the Morning class Micro: 246 of 1,074 · What are Morning company classes?
Place in the whole sector: 386 of 1,855 · Informasjon og kommunikasjon
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 73 and solidity 61 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology
Against the sector
Alpha Software AS is 16 points above the median for companies in the Morning class Micro in the same sector in 2025.
Median score 49 among 1,072 companies.
Against companies in the Morning class Micro in the same sector in 2025: operating margin 41.1% (median 6.0%) and equity ratio 58.8% (median 39.3%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 4 MNOK | 3 MNOK |
| Operating margin | 41.1% | 6.0% |
| Profit margin | 32.1% | 5.6% |
| Return on assets | 18.7% | 11.7% |
| Equity ratio | 58.8% | 39.3% |
| Debt-to-equity | 0.70 | 1.01 |
| Current ratio | 38.89 | 1.56 |
| Revenue growth | −6.4% | 4.8% |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 65, Alpha Software AS does better than 77% of companies in the Morning class Micro in the same sector (1,074 companies) in 2025.
Score 2023–2025
- Alpha Software AS
- Median: companies in the Morning class Micro in the same sector
Alpha Software AS has a score of 65 for 2025, rank 386 of 1,855 in the sector.
Strongest: Liquidity: percentile 99 against peers, current ratio 38.89 against a median of 1.56. Profitability: percentile 73 against peers, operating margin 41.1% against a median of 6.0%.
Weakest: Growth: percentile 29 against peers, revenue growth −6.4% against a median of 4.8%.
Worth a closer look
- What lies behind weak growth, 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
Alpha Software AS had an operating margin of 41.1% and an equity ratio of 58.8% in 2025, and ranks 386 of 1,855 in Informasjon og kommunikasjon.
From 2024 to 2025: the equity ratio fell from 86.5% to 58.8% and the operating margin fell from 47.3% to 41.1%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 5 MNOK and 11 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 11 MNOK |
| EV/EBIT | 8.0 | 9 MNOK |
| P/B | 1.0 | 5 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 10.3% 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 2026, the sector's weakest year, for this company.
The sector's weakest year was 2026, with a median operating margin of 4.4%. 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 | 73 | weight 30% |
|---|---|---|
| Solidity | 61 | weight 25% |
| Liquidity | 99 | weight 15% |
| Growth | 29 | weight 15% |
| Consistency | 55 | weight 15% |
Durability: 78 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Alpha Software AS?
The operating margin was 41.1% in 2025, against a median of 6.0% among companies in the Morning class Micro in the same sector. Return on assets was 18.7%.
How solid is Alpha Software AS?
The equity ratio was 58.8% in 2025 (median 39.3%). Debt-to-equity was 0.70 (median 1.01).
What is the liquidity of Alpha Software AS like?
The current ratio was 38.89 in 2025 (median 1.56).
How does Alpha Software AS compare in Informasjon og kommunikasjon?
Alpha Software AS ranks 386 of 1,855 in Informasjon og kommunikasjon for 2025. Among companies in the Morning class Micro it is number 246 of 1,074. Revenue changed by −6.4% from the year before.
From the Central Coordinating Register
- Org. no.
- 829610132
- Legal form
- AS
- Sector
- Informasjon og kommunikasjon (62.100)
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 19 July 2022 4 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Tranebærvegen 24, 7712 STEINKJER
- Municipality
- Steinkjer rank 27 of 27 in KOSTRA group 9
- Audit
- Audit opted out from 6 August 2022
- 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
- Chief executive
- Johan Torås Halseth
- Chair of the board
- Johan Torås Halseth
- Board member
- Lars Helbostad
- Board member
- Christina Vekseth
- Accountant
- Economy AS
- Accountant
- Admento AS
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 | 89 | 81 | 65 | |
| Rank | 57 | 61 | 386 | |
| Operating margin | 61.6% | 47.3% | 41.1% | |
| Return on assets | 81.5% | 44.2% | 18.7% | |
| Equity ratio | 77.1% | 86.5% | 58.8% | |
| Current ratio | 4.38 | 7.38 | 38.89 | |
| Revenue growth | – | 3.8% | −6.4% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 3.9 MNOK | 4.1 MNOK | 3.8 MNOK |
| Operating profit | 2.4 MNOK | 1.9 MNOK | 1.6 MNOK |
| Profit before tax | 2.4 MNOK | 1.9 MNOK | 1.2 MNOK |
| Net profit | 1.9 MNOK | 1.5 MNOK | 1.1 MNOK |
| Financial expenses | 0.1 MNOK | 0.0 MNOK | 0.4 MNOK |
| Total assets | 3.0 MNOK | 4.5 MNOK | 8.5 MNOK |
| Current assets | 3.0 MNOK | 4.5 MNOK | 8.5 MNOK |
| Equity | 2.3 MNOK | 3.9 MNOK | 5.0 MNOK |
| Retained earnings | 2.3 MNOK | 3.8 MNOK | 5.0 MNOK |
| Total liabilities | 0.7 MNOK | 0.6 MNOK | 3.5 MNOK |
| Current liabilities | 0.7 MNOK | 0.6 MNOK | 0.2 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 6609747.
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