Ebit Solution AS
Not financial advice. The index, rank, signals and advice are rule-based indications from the latest filed annual accounts. They are not a credit rating, an assessment of management or a recommendation to buy, sell or do business with the company. Read more
Score · fiscal year 2025
44of 100
How to read this: the company is ahead of 34 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?
Rank in the Morning class Micro: 518 of 790 · What are Morning company classes?
Place in the whole sector: 850 of 1,323 · Finans og forsikring
Profile
Cheetah · Sprinter
High profitability, lower resilience
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 58 and resilience 22 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology
Against the sector
Ebit Solution AS is 7 points below the median for companies in the Morning class Micro in the same sector in 2025.
Median score 51 among 790 companies.
Against companies in the Morning class Micro in the same sector in 2025: operating margin 24.6% (median 80.9%) and equity ratio 35.7% (median 90.5%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 2 MNOK | 3 MNOK |
| Operating margin | 24.6% | 80.9% |
| Profit margin | 24.8% | 82.2% |
| Return on assets | 38.5% | 11.5% |
| Equity ratio | 35.7% | 90.5% |
| Debt-to-equity | 1.80 | 0.10 |
| Current ratio | 1.50 | 8.20 |
| Revenue growth | 142.9% | 9.8% |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 44, Ebit Solution AS does better than 34% of companies in the Morning class Micro in the same sector (790 companies) in 2025.
Score 2023–2025
- Ebit Solution AS
- Median: companies in the Morning class Micro in the same sector
Working capital and debt
| Measure | Company | Median | |
|---|---|---|---|
| Working capital | |||
| Receivable days All current receivables, including those on group companies, in days of revenue. |
229 days | 40 days | |
| Inventory and other current assets, days Current assets other than receivables and bank deposits, that is inventory and short-term investments, in days of revenue. |
0 days | 10 days | |
| Net working capital to revenue Current assets less bank deposits less current liabilities, divided by revenue. Negative: short-term debt funds the operations. |
20.8% | 156.4% | |
| Cash share of current assets How much of the short-term buffer is bank deposits and cash. |
0.0% | 15.2% | |
| Debt and interest burden | |||
| Interest coverage (times) Operating result divided by all financial costs. Below 1: operations do not cover the cost of the debt. |
92.2 | 30.5 | |
| Financial costs as a share of debt All financial costs (interest, currency losses and other) divided by all debt, interest-free debt included. Not an interest rate. |
0.6% | 2.4% | |
| Long-term share of debt Long-term debt as a share of all debt. A low share means more falls due within a year. |
– | 27.3% | |
Net working capital (current assets less bank deposits less current liabilities): 0.3 MNOK.
The median and the bar refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of the group with a lower figure: higher is not always better, long receivable days tie up capital, for example. These figures do not count in the score.
Ebit Solution AS has a score of 44 for 2025, rank 850 of 1,323 in the sector.
Strongest: Profitability: percentile 58 against peers, operating margin 24.6% against a median of 80.9%.
Weakest: Solidity: percentile 14 against peers, equity ratio 35.7% against a median of 90.5%. Liquidity: percentile 18 against peers, current ratio 1.50 against a median of 8.20.
Worth a closer look
- Receivables equal far more days of revenue than at comparable companies. Do customers pay late, or are these loans to companies in the same group? Based on: receivable days 229 days (median 40 days).
- What lies behind weak solidity, and will it last?
- What lies behind weak liquidity, and will it last?
- The change in operating margin in 2025 was 5.6 percentage points weaker than for comparable companies: the company −4.5, the industry +1.1 points. That is the company's own, not something that hit the whole industry.
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
The industry or the company: what drove the result?
In 2025 the operating margin of Ebit Solution AS fell by 4.5 percentage points. Comparable companies rose by a median 1.1 points. So the company did 5.6 points weaker than the industry, for reasons of its own.
Over 2 year-to-year changes Ebit Solution AS moved the same way as comparable companies 1 times. About 47% of the changes in operating margin were common to the industry; the rest was the company's own.
| Year | The company | Comparable (median) | Change, company | Change, industry | The company's own |
|---|---|---|---|---|---|
| 2024 | 29.1% | 79.8% | +11.6 percentage points | +7.4 percentage points | +4.1 percentage points |
| 2025 | 24.6% | 80.9% | −4.5 percentage points | +1.1 percentage points | −5.6 percentage points |
Comparable companies are those in the same industry and Morning company class. Their change shows what hit the whole industry, the sector drivers below included. The rest is the company's own: contracts, costs, one-off items or operations. The share is approximate, and we claim no cause.
The company and its sector's drivers
Prices, rate and currency that shape the sector's year, year by year beside the operating margin of Ebit Solution AS. The figures stand side by side; we claim no cause.
Policy rate (prosent)
Policy rate fell 0.20 percentage points in 2025; the operating margin of Ebit Solution AS fell 4.5 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Policy rate, annual average | 0.08 | 1.32 | 3.54 | 4.50 | 4.30 | 4.17 (so far) |
| Change from the year before | −0.28 percentage points | +1.24 percentage points | +2.22 percentage points | +0.96 percentage points | −0.20 percentage points | −0.12 percentage points |
| The company's operating margin | – | – | 17.5% | 29.1% | 24.6% | – |
Source: Norges Bank (IR, NLOD 2.0). Source
Consumer price index (indeks (2025 = 100))
Consumer price index rose 3.0% in 2025; the operating margin of Ebit Solution AS fell 4.5 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Consumer price index, annual average | 84.3 | 89.2 | 94.1 | 97.0 | 100.0 | 103.0 (so far) |
| Change from the year before | +3.5% | +5.8% | +5.5% | +3.2% | +3.0% | +3.0% |
| The company's operating margin | – | – | 17.5% | 29.1% | 24.6% | – |
Source: SSB (14710, CC BY 4.0). Source
Wage index: financial services (indeks)
Wage index: financial services rose 4.6% in 2025; the operating margin of Ebit Solution AS fell 4.5 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Wage index: financial services, annual average | 87.1 | 90.4 | 94.2 | 98.9 | 103.5 | 107.3 (so far) |
| Change from the year before | +2.9% | +3.8% | +4.1% | +5.0% | +4.6% | +3.7% |
| The company's operating margin | – | – | 17.5% | 29.1% | 24.6% | – |
Source: SSB (12314, CC BY 4.0). Source
We show the drivers and the margin side by side and claim no cause. Sensitivity per company is not computed until we have at least 10 years of accounts per company: with three years such figures are false precision.
What the numbers say
Ebit Solution AS had an operating margin of 24.6% and an equity ratio of 35.7% in 2025, and ranks 850 of 1,323 in Finans og forsikring.
From 2024 to 2025: revenue grew by 143% and the equity ratio rose from 13.9% to 35.7%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 0 MNOK and 3 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 12.3 | 3 MNOK |
| EV/EBIT | – | not used in the sector |
| P/B | 1.2 | 0 MNOK |
The listed basis is the value at listed multiples. The estimate is lowered for size: a small-company premium of 4% on the cost of equity gives a value 38% lower. No separate marketability discount is applied, because the premium already allows for the company being small and unlisted.
The NACE code has no listed industry of its own in the table, so the multiples are the sector median: Bank (Money Center), Banks (Regional), Insurance (General), Investments & Asset Management, Financial Svcs. (Non-bank & Insurance).
Not financial advice. The value range is a rough model estimate from listed-company multiples, not a valuation, a price target or a price offer. The actual value may differ greatly. Read more
A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. See the calculation
Worth a closer look
- watch
Receivables equal far more days of revenue than at comparable companies. Do customers pay late, or are these loans to companies in the same group?
Based on: Receivable days 229 days (median 40 days).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.6% 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.
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 −13.5%. Based on the 7 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 58 | weight 40% |
|---|---|---|
| Solidity | 14 | weight 20% |
| Liquidity | 18 | weight 5% |
| Growth | 53 | weight 25% |
| Consistency | 39 | weight 10% |
Three goals: profitability 40%, growth 25%, resilience 35%. Why these weights?
Durability: 49 (average over 2 years)
Index version 3. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Ebit Solution AS?
The operating margin was 24.6% in 2025, against a median of 80.9% among companies in the Morning class Micro in the same sector. Return on assets was 38.5%.
How solid is Ebit Solution AS?
The equity ratio was 35.7% in 2025 (median 90.5%). Debt-to-equity was 1.80 (median 0.10).
What is the liquidity of Ebit Solution AS like?
The current ratio was 1.50 in 2025 (median 8.20).
How does Ebit Solution AS compare in Finans og forsikring?
Ebit Solution AS ranks 850 of 1,323 in Finans og forsikring for 2025. Among companies in the Morning class Micro it is number 518 of 790. Revenue changed by 142.9% from the year before.
Competitors
The 8 closest competitors in the same line of business, placed in the same matrix as the sector page: profitability up, resilience to the right. These are the companies the competitor analysis and the strategy report compare with.
Each bubble is a company: this company and its closest competitors in the same line of business and size, the same ones the competitor analysis uses. Placement is 0–100 against the whole sector and Morning company class: further right is more robust, higher up is more profitable. Bubble size is revenue. The light bubble and arrow show where the company stood the year before. Pick a profile to see fewer at a time.
| Company | Profile | Operating revenue | Operating margin | Score |
|---|---|---|---|---|
| Bergsgård Invest AS |  Cheetah |
2 MNOK | 81.2% | 60 |
| Lucky AS · same municipality |  Beaver |
2 MNOK | 91.5% | 36 |
| Vestmo Invest AS |  Lion |
2 MNOK | 98.4% | 59 |
| Tronstad Invest AS |  Elephant |
2 MNOK | 71.7% | 35 |
| Sutterud Invest AS | Lion |
2 MNOK | 85.2% | 50 |
| Ebit Solution AS (this company) | Cheetah |
2 MNOK | 24.6% | 44 |
| Trul AS · same municipality | Cheetah |
2 MNOK | 77.8% | 56 |
| Kai Øveraasen Holding AS | Lion |
2 MNOK | 89.6% | 61 |
| Alexandra Invest AS | Lion |
2 MNOK | 90.3% | 73 |
The selection is the closest in revenue within the same industry code. When you order, you can swap competitors. Order competitor analysis
Group structure · 2025
6 companies in the group according to the shareholder register for 2025. A company counts as a subsidiary when a Norwegian company owns more than half of its shares.
Private persons own 100% of the shares in Runicon Holding AS. Persons are not shown by name.
Runicon Holding AS has not filed group accounts in open data, so the group has no index of its own. Each company has its own accounts.
The group in figures
- Sectors
- Informasjon og kommunikasjon (5 companies), Finans og forsikring (1 company) 6 of 6 companies in the tree have accounts with us. Sectors are sorted by the companies' own revenue, which includes sales between the group's companies.
- Negative equity
- 2 companies: Virtual Assistants AS, Ebit Product AS
- Loss
- 2 companies: Virtual Assistants AS, Ebit Product AS
- Changed 2024–2025
- 1 company joined the group: Ebit Solution AS.
A subsidiary with negative equity or a loss may be backed by the group, for example with group contributions or guarantees. It is an indication of what is worth asking about, not an assessment.
-
Runicon Holding AS
-
Ebit Group AS
- Ebit Solution AS you are here
- Ebit Consulting AS
-
Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.
Source: the Norwegian Tax Administration's shareholder register 2025 (majority owner with more than 50 % of the shares). Voting agreements and ownership through other countries are not included.
From the Central Coordinating Register
- Org. no.
- 915804624
- Legal form
- AS
- Sector
- Finans og forsikring (64.323)
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 5 August 2015 11 years in operation
- Share capital
- 0.06 MNOK
- Business address
- Fridtjof Nansens plass 4, 0160 OSLO
- Municipality
- Oslo rank 63–220 of 357 in Norway
- 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
Loading roles …
Source: Central Coordinating Register, fetched 2 November 2026. Only names are shown.
Shareholders (2025)
- Number of shareholders
- 2 (one owner holds more than half)
- Largest owner
- 66.7%
- Split
- companies 100% · private persons 0% · foreign 0%
- Owned from the same municipality
- 67%
- Group chain
-
Owned by: Ebit Group AS (67%)
Ultimate owner: private person
- Ebit Group AS · 66.7%
- Tomcat Consulting and Investment AS · 33.3%
The company is new in the shareholder register in 2025.
Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.
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.
Is this your company? Suggest changes or add information
Figures last fetched 31 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 55 | – | 44 | |
| Rank | 507 | – | 850 | |
| Operating margin | 17.5% | 29.1% | 24.6% | |
| Return on assets | 279.5% | 46.2% | 38.5% | |
| Equity ratio | 82.0% | 13.9% | 35.7% | |
| Current ratio | 4.80 | 1.06 | 1.50 | |
| Revenue growth | – | −45.2% | 142.9% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 1.2 MNOK | 0.6 MNOK | 1.5 MNOK |
| Operating profit | 0.2 MNOK | 0.2 MNOK | 0.4 MNOK |
| Profit before tax | 0.8 MNOK | 0.2 MNOK | 0.4 MNOK |
| Tax expense | 0.1 MNOK | 0.0 MNOK | 0.1 MNOK |
| Net profit | 0.7 MNOK | 0.2 MNOK | 0.3 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 0.3 MNOK | 0.4 MNOK | 1.0 MNOK |
| Current assets | 0.2 MNOK | 0.4 MNOK | 1.0 MNOK |
| Equity | 0.2 MNOK | 0.1 MNOK | 0.4 MNOK |
| Retained earnings | 0.2 MNOK | – | 0.3 MNOK |
| Total liabilities | 0.1 MNOK | 0.4 MNOK | 0.6 MNOK |
| Current liabilities | 0.1 MNOK | 0.4 MNOK | 0.6 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 31 October 2026, accounts id 7088730.
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