Developit AS
Score · fiscal year 2023
77of 100
How to read this: the company is ahead of 86 % of companies in the Morning class Micro in the same sector in 2023. What does this mean?
Rank in the Morning class Micro: 157 of 1,131 · What are Morning company classes?
Place in the whole sector: 220 of 1,832 · Informasjon og kommunikasjon
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 50 and solidity 88 out of 100 among companies in the Morning class Micro in the same sector in 2023. Methodology
Against the sector
Developit AS is 29 points above the median for companies in the Morning class Micro in the same sector in 2023.
Median score 48 among 1,131 companies.
Against companies in the Morning class Micro in the same sector in 2023: operating margin 5.3% (median 5.2%) and equity ratio 83.6% (median 40.3%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 2 MNOK | 3 MNOK |
| Operating margin | 5.3% | 5.2% |
| Profit margin | 22.3% | 5.2% |
| Return on assets | 10.3% | 10.0% |
| Equity ratio | 83.6% | 40.3% |
| Debt-to-equity | 0.20 | 1.13 |
| Current ratio | 9.89 | 1.54 |
| Revenue growth | – | 4.6% |
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 77, Developit AS does better than 86% of companies in the Morning class Micro in the same sector (1,131 companies) in 2023.
Score 2023–2025
- Developit AS
- Median: companies in the Morning class Micro in the same sector
What the numbers say
Developit AS had an operating margin of 5.3% and an equity ratio of 83.6% in 2023, and ranks 220 of 1,832 in Informasjon og kommunikasjon.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 3 MNOK and 5 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 5 MNOK |
| EV/EBIT | 8.0 | 3 MNOK |
| P/B | 1.0 | 5 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 4.2% 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.
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 4.4%. Based on the 8 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 50 | weight 30% |
|---|---|---|
| Solidity | 88 | weight 25% |
| Liquidity | 96 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 93 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is Developit AS?
The operating margin was 5.3% in 2023, against a median of 5.2% among companies in the Morning class Micro in the same sector. Return on assets was 10.3%.
How solid is Developit AS?
The equity ratio was 83.6% in 2023 (median 40.3%). Debt-to-equity was 0.20 (median 1.13).
What is the liquidity of Developit AS like?
The current ratio was 9.89 in 2023 (median 1.54).
How does Developit AS compare in Informasjon og kommunikasjon?
Developit AS ranks 220 of 1,832 in Informasjon og kommunikasjon for 2023. Among companies in the Morning class Micro it is number 157 of 1,131.
From the Central Coordinating Register
- Org. no.
- 913655486
- Legal form
- AS
- Sector
- Informasjon og kommunikasjon (62.200)
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 11 May 2014 12 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Anders Tvedts gate 8, 4307 SANDNES
- Municipality
- Sandnes rank 4 of 11 in KOSTRA group 12
- Audit
- Audit opted out from 19 May 2014
- Latest accounts filed
- 2025
- LEI
- 549300UN7H4Z565Z5H29 renews 9 March 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
Roles have not been fetched yet.
- 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.
Figures last fetched 30 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 77 | 81 | 72 | |
| Rank | 220 | 67 | 208 | |
| Operating margin | 5.3% | 35.6% | 20.4% | |
| Return on assets | 10.3% | 24.0% | 13.5% | |
| Equity ratio | 83.6% | 89.5% | 92.3% | |
| Current ratio | 9.89 | 11.26 | 12.14 | |
| Revenue growth | – | 11.7% | −3.4% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 2.3 MNOK | 2.6 MNOK | 2.5 MNOK |
| Operating profit | 0.1 MNOK | 0.9 MNOK | 0.5 MNOK |
| Profit before tax | 0.5 MNOK | 1.5 MNOK | 0.9 MNOK |
| Net profit | 0.5 MNOK | 1.4 MNOK | 0.8 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.1 MNOK |
| Total assets | 5.4 MNOK | 6.6 MNOK | 7.2 MNOK |
| Current assets | 4.8 MNOK | 6.1 MNOK | 6.5 MNOK |
| Equity | 4.5 MNOK | 5.9 MNOK | 6.7 MNOK |
| Retained earnings | 4.5 MNOK | 5.8 MNOK | 6.6 MNOK |
| Total liabilities | 0.9 MNOK | 0.7 MNOK | 0.6 MNOK |
| Current liabilities | 0.5 MNOK | 0.5 MNOK | 0.5 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 4984611.
Further
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