Tungsten Automation Norway AS

Org. no. 882796302 · Oslo · Founded 2000

Score · fiscal year 2023

53of 100

How to read this: the company is ahead of 57 % of companies in the Morning class Micro in the same sector in 2023. What does this mean?

Rank in the Morning class Micro: 493 of 1,142 · What are Morning company classes?
Place in the whole sector: 951 of 2,238 · Informasjon og kommunikasjon

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 51 and solidity 35 out of 100 among companies in the Morning class Micro in the same sector in 2023. Methodology

Against the sector

Tungsten Automation Norway AS is 6 points above the median for companies in the Morning class Micro in the same sector in 2023.

Median score 47 among 1,142 companies.

Against companies in the Morning class Micro in the same sector in 2023: operating margin 13.2% (median 4.9%) and equity ratio 27.9% (median 40.3%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 30 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue5 MNOK3 MNOK
Operating margin 13.2% 4.9% 65 %
Profit margin −10.6% 4.9% shown, not part of the index
Return on assets 2.3% 9.7% 38 %
Equity ratio 27.9% 40.3% 39 %
Debt-to-equity 2.59 1.13 31 %
Current ratio 4.72 1.54 87 %
Revenue growth – 4.6% not compared

The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 53, Tungsten Automation Norway AS does better than 57% of companies in the Morning class Micro in the same sector (1,142 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Tungsten Automation Norway AS
  • Median: companies in the Morning class Micro in the same sector
Analysis · 2023

What the numbers say

Tungsten Automation Norway AS had an operating margin of 13.2% and an equity ratio of 27.9% in 2023, and ranks 951 of 2,238 in Informasjon og kommunikasjon.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

One method gives a figure: 13 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −0.4 MNOK 10.0 not meaningful
EV/EBIT Operating profit: 0.7 MNOK
minus net debt 21.6 MNOK
8.0 debt above value
P/B Equity: 12.6 MNOK 1.0 13 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 · 2023

Worth a closer look

  • watch

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin −10.6% (median 4.9%).

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

Financial costs were 4.7% of the debt in 2023. The policy rate averaged 3.54 % 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 · 2023

What the score is made of

Profitability51 weight 30%
Solidity35 weight 25%
Liquidity87 weight 15%
Growth– no data, left out
Consistency51 weight 15%

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

2023

Questions and answers

How profitable is Tungsten Automation Norway AS?

The operating margin was 13.2% in 2023, against a median of 4.9% among companies in the Morning class Micro in the same sector. Return on assets was 2.3%. The company made a loss before tax.

How solid is Tungsten Automation Norway AS?

The equity ratio was 27.9% in 2023 (median 40.3%). Debt-to-equity was 2.59 (median 1.13).

What is the liquidity of Tungsten Automation Norway AS like?

The current ratio was 4.72 in 2023 (median 1.54).

How does Tungsten Automation Norway AS compare in Informasjon og kommunikasjon?

Tungsten Automation Norway AS ranks 951 of 2,238 in Informasjon og kommunikasjon for 2023. Among companies in the Morning class Micro it is number 493 of 1,142.

From the Central Coordinating Register

Org. no.
882796302
Legal form
AS
Sector
Informasjon og kommunikasjon (58.290)
Morning company class
Micro
Employees
0–4 (not registered)
Founded
13 December 2000 25 years in operation
Share capital
1.00 MNOK
Business address
c/o Mazars Revisjon AS, Fridtjof Nansens vei 19, 0369 OSLO
Municipality
Oslo rank 63–220 of 357 in Norway
Latest accounts filed
2025
LEI
549300UKGGT3V14H7B24 not renewed (lapsed)

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 2 November 2026. Only names are shown.

Parent company
LEXMARK INTERNATIONAL, INC. (USA)

Foreign-owned according to GLEIF.

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.

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Figures last fetched 30 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index534457
Rank9511,479773
Operating margin13.2%17.4%14.1%
Return on assets2.3%2.0%2.2%
Equity ratio27.9%26.5%28.7%
Current ratio4.724.384.60
Revenue growth–−30.8%32.2%

Accounts

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

Key figure202320242025
Operating revenue4.9 MNOK3.4 MNOK4.5 MNOK
Operating profit0.7 MNOK0.6 MNOK0.6 MNOK
Profit before tax−0.5 MNOK0.2 MNOK0.5 MNOK
Net profit−0.4 MNOK0.2 MNOK0.4 MNOK
Financial expenses1.5 MNOK0.7 MNOK0.5 MNOK
Total assets45.3 MNOK48.3 MNOK45.9 MNOK
Current assets44.9 MNOK47.9 MNOK45.6 MNOK
Equity12.6 MNOK12.8 MNOK13.2 MNOK
Retained earnings11.6 MNOK11.8 MNOK12.2 MNOK
Total liabilities32.7 MNOK35.5 MNOK32.7 MNOK
Current liabilities9.5 MNOK10.9 MNOK9.9 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 5439571.