Devspace Group AS

Org. no. 834260042 · Oslo · Founded 2024

Score · fiscal year 2025

55of 100

How to read this: the company is ahead of 61 % of companies in the Morning class Small in the same sector in 2025. What does this mean?

Rank in the Morning class Small: 197 of 499 · What are Morning company classes?
Place in the whole sector: 897 of 2,321 · Informasjon og kommunikasjon

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 79 and solidity 29 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology

Against the sector

Devspace Group AS is 4 points above the median for companies in the Morning class Small in the same sector in 2025.

Median score 51 among 499 companies.

Against companies in the Morning class Small in the same sector in 2025: operating margin 9.0% (median 4.3%) and equity ratio 21.4% (median 33.4%).

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 revenue20 MNOK23 MNOK
Operating margin 9.0% 4.3% 68 %
Profit margin 8.2% 4.4% shown, not part of the index
Return on assets 42.2% 7.8% 91 %
Equity ratio 21.4% 33.4% 32 %
Debt-to-equity 3.68 1.64 25 %
Current ratio 1.81 1.30 73 %
Revenue growth – 8.1% not compared

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 55, Devspace Group AS does better than 61% of companies in the Morning class Small in the same sector (499 companies) in 2025.

Over time

Score over time

Score over time needs at least two fiscal years with a score. It will appear when next year's figures are fetched or history is imported.

Summary analysis

Devspace Group AS has a score of 55 for 2025, rank 897 of 2,321 in the sector.

Strongest: Profitability: percentile 79 against peers, operating margin 9.0% against a median of 4.3%. Liquidity: percentile 73 against peers, current ratio 1.81 against a median of 1.30.

Weakest: Solidity: percentile 29 against peers, equity ratio 21.4% against a median of 33.4%. Consistency: percentile 31 against peers.

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

Devspace Group AS had an operating margin of 9.0% and an equity ratio of 21.4% in 2025, and ranks 897 of 2,321 in Informasjon og kommunikasjon.

From 2024 to 2025: the equity ratio fell from 87.4% to 21.4% and went from a loss to a profit before tax.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 1 MNOK and 15 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 1.3 MNOK 10.0 13 MNOK
EV/EBIT Operating profit: 1.8 MNOK
minus net debt −0.8 MNOK
8.0 15 MNOK
P/B Equity: 0.9 MNOK 1.0 1 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 6.3% 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.

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 4.0%. 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

Profitability79 weight 30%
Solidity29 weight 25%
Liquidity73 weight 15%
Growth– no data, left out
Consistency31 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2025

Questions and answers

How profitable is Devspace Group AS?

The operating margin was 9.0% in 2025, against a median of 4.3% among companies in the Morning class Small in the same sector. Return on assets was 42.2%.

How solid is Devspace Group AS?

The equity ratio was 21.4% in 2025 (median 33.4%). Debt-to-equity was 3.68 (median 1.64).

What is the liquidity of Devspace Group AS like?

The current ratio was 1.81 in 2025 (median 1.30).

How does Devspace Group AS compare in Informasjon og kommunikasjon?

Devspace Group AS ranks 897 of 2,321 in Informasjon og kommunikasjon for 2025. Among companies in the Morning class Small it is number 197 of 499.

Group accounts

The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.

Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.

We do not show the group structure, because open data does not say who owns whom.

From the Central Coordinating Register

Org. no.
834260042
Legal form
AS · part of a group
Sector
Informasjon og kommunikasjon (62.200)
Morning company class
Small
Employees
0–4 (not registered)
Founded
2 July 2024 2 years in operation
Share capital
0.10 MNOK
Business address
Bogstadveien 27B, 0355 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.

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.

Report an issue

Figures last fetched 30 October 2026.

Details

Year by year · 2024–2025

Key figure20242025Trend
Index–55
Rank–897
Operating margin–9.0%
Return on assets−25.0%42.2%
Equity ratio87.4%21.4%
Current ratio7.931.81
Revenue growth––

Accounts

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

Key figure20242025
Operating revenue–19.9 MNOK
Operating profit0.0 MNOK1.8 MNOK
Profit before tax0.0 MNOK1.6 MNOK
Net profit0.0 MNOK1.3 MNOK
Financial expenses–0.2 MNOK
Total assets0.1 MNOK4.4 MNOK
Current assets0.1 MNOK4.4 MNOK
Equity0.1 MNOK0.9 MNOK
Retained earnings0.0 MNOK0.8 MNOK
Total liabilities0.0 MNOK3.5 MNOK
Current liabilities0.0 MNOK2.4 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 6500329.