CARDTECH AS
Score · fiscal year 2025
74of 100
How to read this: the company is ahead of 92 % of small companies in the same sector in 2025. What does this mean?
Rank: 3,109 of 38,671 · Handel
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 93 and solidity 68 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
CARDTECH AS is 24 points above the median for small companies in the same sector in 2025.
Median score 50 among 36,111 companies.
Against small companies in the same sector in 2025: operating margin 31.9% (median 2.5%) and equity ratio 66.2% (median 38.3%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 49 MNOK | 3 MNOK |
| Operating margin | 31.9% | 2.5% |
| Profit margin | 32.7% | 2.2% |
| Return on assets | 46.8% | 4.0% |
| Equity ratio | 66.2% | 38.3% |
| Debt-to-equity | 0.51 | 0.99 |
| Current ratio | 2.87 | 1.70 |
| Revenue growth | 5.4% | 3.5% |
| Revenue per employee | 5.48 MNOK | 1.62 MNOK |
The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 74, CARDTECH AS does better than 92% of small companies in the same sector (36,580 companies) in 2025.
Score 2023–2025
- CARDTECH AS
- Median: small companies in the same sector
CARDTECH AS has a score of 74 for 2025, rank 3,109 of 38,671 in the sector.
Strongest: Profitability: percentile 93 against peers, operating margin 31.9% against a median of 2.5%. Consistency: percentile 69 against peers.
No area is clearly below its peers.
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
CARDTECH AS had an operating margin of 31.9% and an equity ratio of 66.2% in 2025, and ranks 3,109 of 38,671 in Handel.
From 2024 to 2025: the operating margin fell from 35.5% to 31.9%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 23 MNOK and 142 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 126 MNOK |
| EV/EBIT | 8.0 | 142 MNOK |
| P/B | 1.0 | 23 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
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 1.2% 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.
Data quality
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
We have no accounts for 2017, the sector's weakest year, for this company.
The sector's weakest year was 2017, with a median operating margin of −65.6%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 93 | weight 30% |
|---|---|---|
| Solidity | 68 | weight 25% |
| Liquidity | 69 | weight 15% |
| Growth | 55 | weight 15% |
| Consistency | 69 | weight 15% |
Durability: 76 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is CARDTECH AS?
The operating margin was 31.9% in 2025, against a median of 2.5% among small companies in the same sector. Return on assets was 46.8%.
How solid is CARDTECH AS?
The equity ratio was 66.2% in 2025 (median 38.3%). Debt-to-equity was 0.51 (median 0.99).
What is the liquidity of CARDTECH AS like?
The current ratio was 2.87 in 2025 (median 1.70).
How does CARDTECH AS compare in Handel?
CARDTECH AS ranks 3,109 of 38,671 in Handel for 2025. Among companies of the same size (small companies) it ranks 2,929 of 36,580. Revenue changed by 5.4% from the year before.
Public contracts
- Contracts awarded since 2024
- 0
- Total awarded value since 2024
- value not stated
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 10 January 2023 | UNIVERSITETET I BERGEN | ANSK-22-0517 Rammeavtale Adgangskort | value not stated |
| 20 July 2018 | Trondheim Renholdsverk AS | Kjøp av adgangsbrikker med logo | value not stated |
Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.
Source: Doffin (DFØ), fetched 28 October 2026. Winners are matched on organisation number.
Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0
From the Central Coordinating Register
- Org. no.
- 885128882
- Legal form
- AS
- Sector
- Handel (46.500)
- Size tier
- small
- Employees
- 9 registered 10 May 2026
- Founded
- 15 November 2002 23 years in operation
- Share capital
- 0.10 MNOK
- Business address
- Strømsveien 258, 0668 OSLO
- Municipality
- Oslo rank 106–282 of 357 in Norway
- Latest accounts filed
- 2025
- Website
- www.cardtech.no
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
- Tore Hans Doksæter
- Chair of the board
- Trond Øystein Land Råmunddal
- Board member
- Tore Hans Doksæter
- Board member
- Magnar Pettersen Sørengen
- Board member
- Kristoffer Prydz
- Auditor
- BDO AS
- Accountant
- SOLID ØKONOMI AS
Source: Central Coordinating Register, fetched 25 October 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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 84 | 72 | 74 | |
| Rank | 1,472 | 4,050 | 3,109 | |
| Operating margin | 33.3% | 35.5% | 31.9% | |
| Return on assets | 46.6% | 44.3% | 46.8% | |
| Equity ratio | 72.3% | 69.2% | 66.2% | |
| Current ratio | 3.48 | 3.08 | 2.87 | |
| Revenue growth | – | −3.2% | 5.4% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 48.3 MNOK | 46.8 MNOK | 49.3 MNOK |
| Operating profit | 16.1 MNOK | 16.6 MNOK | 15.7 MNOK |
| Profit before tax | 16.4 MNOK | 17.0 MNOK | 16.1 MNOK |
| Net profit | 12.8 MNOK | 13.3 MNOK | 12.6 MNOK |
| Financial expenses | 0.2 MNOK | 0.2 MNOK | 0.1 MNOK |
| Total assets | 35.5 MNOK | 38.9 MNOK | 34.8 MNOK |
| Current assets | 34.2 MNOK | 36.9 MNOK | 33.7 MNOK |
| Equity | 25.7 MNOK | 26.9 MNOK | 23.0 MNOK |
| Retained earnings | 25.6 MNOK | 26.8 MNOK | 22.9 MNOK |
| Total liabilities | 9.8 MNOK | 12.0 MNOK | 11.8 MNOK |
| Current liabilities | 9.8 MNOK | 12.0 MNOK | 11.8 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7164587.
Further
Similar companies
- KIG INVEST AS index 74, rank 3,106 · compare
- MATGLEDE AS index 74, rank 3,107 · compare
- CARZONE AS index 74, rank 3,108 · compare
- LANGRUTE AS index 74, rank 3,111 · compare
- SVEISENETT AS index 74, rank 3,112 · compare