TECHSTIAN AS

Org. no. 882353052 · BÆRUM · Founded 2000

Score · fiscal year 2024

89of 100

How to read this: the company is ahead of 99 % of companies in the Morning class Micro in the same sector in 2024. What does this mean?

Rank in the Morning class Micro: 72 of 11,149 · What are Morning company classes?
Place in the whole sector: 129 of 22,333 · Handel

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 87 and solidity 99 out of 100 among companies in the Morning class Micro in the same sector in 2024. Methodology

Against the sector

TECHSTIAN AS is 39 points above the median for companies in the Morning class Micro in the same sector in 2024.

Median score 50 among 11,142 companies.

Against companies in the Morning class Micro in the same sector in 2024: operating margin 46.9% (median 2.3%) and equity ratio 96.9% (median 35.1%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue2 MNOK4 MNOK
Operating margin 46.9% 2.3% 96 %
Profit margin 57.2% 1.9% shown, not part of the index
Return on assets 18.7% 5.6% 77 %
Equity ratio 96.9% 35.1% 99 %
Debt-to-equity 0.03 1.22 99 %
Current ratio 27.83 1.76 99 %
Revenue growth 16.0% 2.8% 72 %

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 89, TECHSTIAN AS does better than 99% of companies in the Morning class Micro in the same sector (11,149 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • TECHSTIAN AS
  • Median: companies in the Morning class Micro in the same sector
Analysis · 2024

What the numbers say

TECHSTIAN AS had an operating margin of 46.9% and an equity ratio of 96.9% in 2024, and ranks 129 of 22,333 in Handel.

From 2023 to 2024: the operating margin rose from 39.5% to 46.9% and revenue grew by 16%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 7 MNOK and 15 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 1.1 MNOK 10.0 11 MNOK
EV/EBIT Operating profit: 1.1 MNOK
minus net debt −5.7 MNOK
8.0 15 MNOK
P/B Equity: 7.2 MNOK 1.0 7 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

  • positive

    Upper quartile on profitability, solidity and liquidity. What sets this company apart from the rest of the sector?

    Based on: Operating margin 46.9% (median 2.3%); Equity ratio 96.9% (median 35.1%); Current ratio 27.83 (median 1.76).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 2.0% 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 · 2022

Scenario analysis: the sector's weakest year

We have no accounts for 2022, the sector's weakest year, for this company.

The sector's weakest year was 2022, with a median operating margin of 1.5%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability87 weight 30%
Solidity99 weight 25%
Liquidity99 weight 15%
Growth72 weight 15%
Consistency82 weight 15%

Durability: 90 (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 TECHSTIAN AS?

The operating margin was 46.9% in 2024, against a median of 2.3% among companies in the Morning class Micro in the same sector. Return on assets was 18.7%.

How solid is TECHSTIAN AS?

The equity ratio was 96.9% in 2024 (median 35.1%). Debt-to-equity was 0.03 (median 1.22).

What is the liquidity of TECHSTIAN AS like?

The current ratio was 27.83 in 2024 (median 1.76).

How does TECHSTIAN AS compare in Handel?

TECHSTIAN AS ranks 129 of 22,333 in Handel for 2024. Among companies in the Morning class Micro it is number 72 of 11,149. Revenue changed by 16.0% from the year before.

From the Central Coordinating Register

Org. no.
882353052
Legal form
AS
Sector
Handel (46.900)
Morning company class
Micro
Employees
0–4 (not registered)
Founded
6 July 2000 26 years in operation
Share capital
0.10 MNOK
Business address
Langoddveien 113, 1367 SNARØYA (BÆRUM)
Municipality
Bærum rank 1 of 11 in KOSTRA group 12
Audit
Audit opted out from 23 December 2016
Latest accounts filed
2025
LEI
984500B0BE99D7D80E29 renews 8 April 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

Chief executive
Raymond John Evans
Chair of the board
Raymond John Evans
Deputy member
Heidi Ann Gunnestad Evans
Accountant
4SIGHT AS

Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.

Parent company
No known owner

Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 31 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 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index928977
Rank2901291,276
Operating margin39.5%46.9%40.1%
Return on assets14.7%18.7%12.7%
Equity ratio90.8%96.9%93.3%
Current ratio8.4927.8314.41
Revenue growth–16.0%−10.3%

Accounts

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

Key figure202320242025
Operating revenue2.1 MNOK2.4 MNOK2.2 MNOK
Operating profit0.8 MNOK1.1 MNOK0.9 MNOK
Profit before tax1.0 MNOK1.4 MNOK1.1 MNOK
Net profit0.8 MNOK1.1 MNOK0.9 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets6.8 MNOK7.5 MNOK8.6 MNOK
Current assets5.3 MNOK6.5 MNOK8.3 MNOK
Equity6.1 MNOK7.2 MNOK8.0 MNOK
Retained earnings6.0 MNOK7.1 MNOK7.9 MNOK
Total liabilities0.6 MNOK0.2 MNOK0.6 MNOK
Current liabilities0.6 MNOK0.2 MNOK0.6 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5801431.