DNB Asset Management AS

Org. no. 880109162 · Oslo · Founded 1998 · 148 employees

Score · fiscal year 2024

56of 100

How to read this: the company is ahead of 79 % of companies in the Morning class Large in the same sector in 2024. What does this mean?

Rank in the Morning class Large: 6 of 25 · What are Morning company classes?
Place in the whole sector: 119 of 344 · Finans og forsikring

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 81 and solidity 33 out of 100 among companies in the Morning class Large in the same sector in 2024. Methodology

Against the sector

DNB Asset Management AS is 6 points above the median for companies in the Morning class Large in the same sector in 2024.

Median score 50 among 25 companies.

Against companies in the Morning class Large in the same sector in 2024: operating margin 50.7% (median 21.3%) and equity ratio 31.3% (median 41.5%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 30 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue2,782 MNOK954 MNOK
Operating margin 50.7% 21.3% 79 %
Profit margin 53.7% 25.6% shown, not part of the index
Return on assets 50.1% 16.1% 83 %
Equity ratio 31.3% 41.5% 33 %
Debt-to-equity 2.19 1.41 33 %
Current ratio 1.58 1.60 46 %
Revenue growth 23.3% 20.4% 58 %
Revenue per employee18.80 MNOK10.25 MNOK

The median and “ahead of” refer to companies in the Morning class Large in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 56, DNB Asset Management AS does better than 79% of companies in the Morning class Large in the same sector (25 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • DNB Asset Management AS
  • Median: companies in the Morning class Large in the same sector
Analysis · 2024

What the numbers say

DNB Asset Management AS had an operating margin of 50.7% and an equity ratio of 31.3% in 2024, and ranks 119 of 344 in Finans og forsikring.

From 2023 to 2024: revenue grew by 23%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 942 MNOK and 13,212 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 1,121.2 MNOK 10.0 11,212 MNOK
EV/EBIT Operating profit: 1,409.9 MNOK
minus net debt −1,933.6 MNOK
8.0 13,212 MNOK
P/B Equity: 942.1 MNOK 1.0 942 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 · 2024

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 0.6% 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.

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 −13.5%. Based on the 6 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability81 weight 30%
Solidity33 weight 25%
Liquidity46 weight 15%
Growth58 weight 15%
Consistency54 weight 15%

Durability: 59 (average over 2 years)

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

2024

Questions and answers

How profitable is DNB Asset Management AS?

The operating margin was 50.7% in 2024, against a median of 21.3% among companies in the Morning class Large in the same sector. Return on assets was 50.1%.

How solid is DNB Asset Management AS?

The equity ratio was 31.3% in 2024 (median 41.5%). Debt-to-equity was 2.19 (median 1.41).

What is the liquidity of DNB Asset Management AS like?

The current ratio was 1.58 in 2024 (median 1.60).

How does DNB Asset Management AS compare in Finans og forsikring?

DNB Asset Management AS ranks 119 of 344 in Finans og forsikring for 2024. Among companies in the Morning class Large it is number 6 of 25. Revenue changed by 23.3% from the year before.

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.
880109162
Legal form
AS · part of a group
Sector
Finans og forsikring (66.300)
Morning company class
Large
Employees
148 registered 10 October 2026
Founded
25 August 1998 28 years in operation
Share capital
109.68 MNOK
Business address
Bygg M-12, Dronning Eufemias gate 30, 0191 OSLO
Municipality
Oslo rank 63–220 of 357 in Norway
Latest accounts filed
2025
LEI
549300MX4M35DP7FZQ31 renews 18 June 2027

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 31 October 2026. Only names are shown.

Parent company
Parent does not consolidate the company

Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 30 October 2026. The parent is the one the company itself reported to GLEIF.

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 · 2023–2025

Key figure202320242025Trend
Index615667
Rank9311966
Operating margin50.5%50.7%51.4%
Return on assets46.7%50.1%50.3%
Equity ratio31.5%31.3%39.4%
Current ratio1.611.581.82
Revenue growth–23.3%14.3%

Accounts

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

Key figure202320242025
Operating revenue2,256.7 MNOK2,782.5 MNOK3,180.5 MNOK
Operating profit1,140.3 MNOK1,409.9 MNOK1,635.3 MNOK
Profit before tax1,197.8 MNOK1,494.2 MNOK1,737.6 MNOK
Net profit900.1 MNOK1,121.2 MNOK1,297.0 MNOK
Financial expenses13.8 MNOK12.0 MNOK10.9 MNOK
Total assets2,595.0 MNOK3,007.7 MNOK3,475.8 MNOK
Current assets2,403.2 MNOK2,809.2 MNOK3,276.3 MNOK
Equity816.6 MNOK942.1 MNOK1,369.6 MNOK
Retained earnings496.1 MNOK621.6 MNOK1,049.1 MNOK
Total liabilities1,778.5 MNOK2,065.6 MNOK2,106.2 MNOK
Current liabilities1,493.2 MNOK1,773.3 MNOK1,801.6 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 6126979.