Vivende Encode AS

Org. no. 829827042 · Oslo · Founded 2022 · 11 employees

Score · fiscal year 2025

49of 100

How to read this: the company is ahead of 48 % of companies in the Morning class Small in the same sector in 2025. What does this mean?

Rank in the Morning class Small: 531 of 1,022 · What are Morning company classes?
Place in the whole sector: 1,605 of 3,132 · Informasjon og kommunikasjon

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 42 and solidity 36 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology

Against the sector

Vivende Encode AS is 1 points below the median for companies in the Morning class Small in the same sector in 2025.

Median score 50 among 1,022 companies.

Against companies in the Morning class Small in the same sector in 2025: operating margin 2.3% (median 4.9%) and equity ratio 26.4% (median 34.1%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 30 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue17 MNOK23 MNOK
Operating margin 2.3% 4.9% 41 %
Profit margin 2.7% 5.0% shown, not part of the index
Return on assets 6.4% 9.2% 44 %
Equity ratio 26.4% 34.1% 39 %
Debt-to-equity 2.79 1.67 34 %
Current ratio 1.34 1.32 51 %
Revenue growth 24.0% 7.8% 76 %
Revenue per employee1.58 MNOK1.76 MNOK

The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 49, Vivende Encode AS does better than 48% of companies in the Morning class Small in the same sector (1,022 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Vivende Encode AS
  • Median: companies in the Morning class Small in the same sector
Summary analysis

Vivende Encode AS has a score of 49 for 2025, rank 1,605 of 3,132 in the sector.

Strongest: Growth: percentile 76 against peers, revenue growth 24.0% against a median of 7.8%.

Weakest: Solidity: percentile 36 against peers, equity ratio 26.4% against a median of 34.1%.

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

Vivende Encode AS had an operating margin of 2.3% and an equity ratio of 26.4% in 2025, and ranks 1,605 of 3,132 in Informasjon og kommunikasjon.

From 2024 to 2025: revenue grew by 24%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 2 MNOK and 7 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.4 MNOK 10.0 4 MNOK
EV/EBIT Operating profit: 0.4 MNOK
minus net debt −3.8 MNOK
8.0 7 MNOK
P/B Equity: 1.9 MNOK 1.0 2 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

Indications · 2025

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 0.0% 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.

Stress test · 2026

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 4.1%. Based on the 8 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability42 weight 30%
Solidity36 weight 25%
Liquidity51 weight 15%
Growth76 weight 15%
Consistency58 weight 15%

Durability: 48 (average over 3 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is Vivende Encode AS?

The operating margin was 2.3% in 2025, against a median of 4.9% among companies in the Morning class Small in the same sector. Return on assets was 6.4%.

How solid is Vivende Encode AS?

The equity ratio was 26.4% in 2025 (median 34.1%). Debt-to-equity was 2.79 (median 1.67).

What is the liquidity of Vivende Encode AS like?

The current ratio was 1.34 in 2025 (median 1.32).

How does Vivende Encode AS compare in Informasjon og kommunikasjon?

Vivende Encode AS ranks 1,605 of 3,132 in Informasjon og kommunikasjon for 2025. Among companies in the Morning class Small it is number 531 of 1,022. Revenue changed by 24.0% from the year before.

From the Central Coordinating Register

Org. no.
829827042
Legal form
AS
Sector
Informasjon og kommunikasjon (62.200)
Morning company class
Small
Employees
11 registered 10 October 2026
Founded
25 August 2022 4 years in operation
Share capital
0.12 MNOK
Business address
C/O MESH Youngstoget, Møllergata 8, 0179 OSLO
Municipality
Oslo rank 63–220 of 357 in Norway
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.

Shareholders (2025)

Number of shareholders
10
Largest owner
39.6% · top three 67.8%
Split
companies 41% · private persons 59% · foreign 7%
Owned from the same municipality
90%
Owners over 60
0% of the shares held by persons (median age 33)
  • Ansatteid AS · 39.6%
  • Konstant Holding AS · 1.2%
  • 8 private persons · 59.2%

The company is new in the shareholder register in 2025.

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.

Report an issue

Figures last fetched 30 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index484849
Rank1,5341,7511,605
Operating margin5.2%2.9%2.3%
Return on assets12.4%7.2%6.4%
Equity ratio32.0%28.8%26.4%
Current ratio1.461.391.34
Revenue growth–12.6%24.0%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure202320242025
Operating revenue12.4 MNOK14.0 MNOK17.4 MNOK
Operating profit0.7 MNOK0.4 MNOK0.4 MNOK
Profit before tax0.7 MNOK0.5 MNOK0.5 MNOK
Tax expense0.1 MNOK0.1 MNOK0.1 MNOK
Net profit0.5 MNOK0.3 MNOK0.4 MNOK
Financial expenses–0.0 MNOK0.0 MNOK
Total assets5.4 MNOK6.5 MNOK7.3 MNOK
Current assets5.4 MNOK6.4 MNOK7.2 MNOK
Equity1.7 MNOK1.9 MNOK1.9 MNOK
Retained earnings0.3 MNOK0.4 MNOK0.5 MNOK
Total liabilities3.7 MNOK4.6 MNOK5.4 MNOK
Current liabilities3.7 MNOK4.6 MNOK5.4 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 6965952.