Spectre Alliance AS

Org. no. 912799328 · Lillestrøm · Founded 2013 · 30 employees

Score · fiscal year 2025

49of 100

How to read this: the company is ahead of 38 % of companies in the Morning class Medium in the same sector in 2025. What does this mean?

Rank in the Morning class Medium: 31 of 49 · What are Morning company classes?
Place in the whole sector: 407 of 762 · Kultur og fritid

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 53 and solidity 14 out of 100 among companies in the Morning class Medium in the same sector in 2025. Methodology

Against the sector

Spectre Alliance AS is 5 points below the median for companies in the Morning class Medium in the same sector in 2025.

Median score 54 among 49 companies.

Against companies in the Morning class Medium in the same sector in 2025: operating margin 2.0% (median 4.3%) and equity ratio 9.0% (median 30.1%).

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 revenue114 MNOK126 MNOK
Operating margin 2.0% 4.3% 38 %
Profit margin 2.0% 4.4% shown, not part of the index
Return on assets 14.1% 8.7% 68 %
Equity ratio 9.0% 30.1% 17 %
Debt-to-equity 10.12 2.12 11 %
Current ratio 1.12 1.00 62 %
Revenue growth 49.1% 5.8% 91 %
Revenue per employee3.80 MNOK1.06 MNOK

The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 49, Spectre Alliance AS does better than 38% of companies in the Morning class Medium in the same sector (49 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Spectre Alliance AS
  • Median: companies in the Morning class Medium in the same sector
Summary analysis

Spectre Alliance AS has a score of 49 for 2025, rank 407 of 762 in the sector.

Strongest: Growth: percentile 91 against peers, revenue growth 49.1% against a median of 5.8%. Liquidity: percentile 62 against peers, current ratio 1.12 against a median of 1.00.

Weakest: Solidity: percentile 14 against peers, equity ratio 9.0% against a median of 30.1%.

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

Spectre Alliance AS had an operating margin of 2.0% and an equity ratio of 9.0% in 2025, and ranks 407 of 762 in Kultur og fritid.

From 2024 to 2025: went from a loss to a profit before tax and revenue grew by 49%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 2 MNOK and 22 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 1.8 MNOK 10.0 18 MNOK
EV/EBIT Operating profit: 2.3 MNOK
minus net debt −3.4 MNOK
8.0 22 MNOK
P/B Equity: 1.6 MNOK 1.0 2 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

  • watch

    The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?

    Based on: Equity ratio 9.0% (median 30.1%).

  • watch

    Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?

    Based on: Revenue growth 49.1% (median 5.8%); Current ratio 1.12 (median 1.00).

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.

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 −14.2%. Based on the 7 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability53 weight 30%
Solidity14 weight 25%
Liquidity62 weight 15%
Growth91 weight 15%
Consistency44 weight 15%

Durability: 46 (average over 3 years)

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

2025

Questions and answers

How profitable is Spectre Alliance AS?

The operating margin was 2.0% in 2025, against a median of 4.3% among companies in the Morning class Medium in the same sector. Return on assets was 14.1%.

How solid is Spectre Alliance AS?

The equity ratio was 9.0% in 2025 (median 30.1%). Debt-to-equity was 10.12 (median 2.12).

What is the liquidity of Spectre Alliance AS like?

The current ratio was 1.12 in 2025 (median 1.00).

How does Spectre Alliance AS compare in Kultur og fritid?

Spectre Alliance AS ranks 407 of 762 in Kultur og fritid for 2025. Among companies in the Morning class Medium it is number 31 of 49. Revenue changed by 49.1% from the year before.

Public contracts

Contracts awarded since 2024
4
in 1 notices (lots counted separately)
Total awarded value since 2024
value not stated
4 contracts without a stated value are not in the total.
DateBuyerNotice ValueCPV
11 November 2024 Sarpsborg kommune Lysmikser til Sarpsborg Scene value not stated (4 lots) 31500000

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 27 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.
912799328
Legal form
AS
Sector
Kultur og fritid (90.390)
Morning company class
Medium
Employees
30 registered 10 October 2026
Founded
15 November 2013 12 years in operation
Share capital
0.30 MNOK
Business address
Trykkeriveien 1, 1900 FETSUND (LILLESTRØM)
Municipality
Lillestrøm rank 7 of 11 in KOSTRA group 12
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

Chief executive
Jimmy Vika
Chair of the board
Morten Helgaland
Board member
Jannicke Haugen
Board member
Terje Storm Hvam
Deputy member
Arne Skraastad
Auditor
FH Revisjon AS
Accountant
Nib Økonomi AS

Source: Central Coordinating Register, fetched 31 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.

Report an issue

Figures last fetched 30 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index573249
Rank278622407
Operating margin2.1%−0.5%2.0%
Return on assets11.7%−1.3%14.1%
Equity ratio24.0%21.1%9.0%
Current ratio1.391.311.12
Revenue growth–−19.8%49.1%

Accounts

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

Key figure202320242025
Operating revenue95.3 MNOK76.4 MNOK113.9 MNOK
Operating profit2.0 MNOK−0.4 MNOK2.3 MNOK
Profit before tax1.8 MNOK−0.3 MNOK2.3 MNOK
Net profit1.4 MNOK−0.2 MNOK1.8 MNOK
Financial expenses0.2 MNOK0.1 MNOK0.2 MNOK
Total assets17.3 MNOK18.6 MNOK17.5 MNOK
Current assets17.0 MNOK18.3 MNOK17.3 MNOK
Equity4.2 MNOK3.9 MNOK1.6 MNOK
Retained earnings4.1 MNOK3.6 MNOK1.3 MNOK
Total liabilities13.2 MNOK14.7 MNOK15.9 MNOK
Current liabilities12.2 MNOK14.0 MNOK15.5 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 7170623.