Compose Software AS
Score · fiscal year 2024
37of 100
How to read this: the company is ahead of 25 % of companies in the Morning class Small in the same sector in 2024. What does this mean?
Rank in the Morning class Small: 343 of 456 · What are Morning company classes?
Place in the whole sector: 1,834 of 2,471 · Teknisk tjenesteyting og forskning
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 20 and solidity 26 out of 100 among companies in the Morning class Small in the same sector in 2024. Methodology
Against the sector
Compose Software AS is 14 points below the median for companies in the Morning class Small in the same sector in 2024.
Median score 51 among 456 companies.
Against companies in the Morning class Small in the same sector in 2024: operating margin −2.5% (median 4.3%) and equity ratio 17.6% (median 31.3%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 22 MNOK | 19 MNOK |
| Operating margin | −2.5% | 4.3% |
| Profit margin | −4.1% | 4.7% |
| Return on assets | −3.5% | 10.0% |
| Equity ratio | 17.6% | 31.3% |
| Debt-to-equity | 4.69 | 2.02 |
| Current ratio | 1.47 | 1.35 |
| Revenue growth | 64.3% | 10.4% |
| Revenue per employee | 1.48 MNOK | 1.72 MNOK |
The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 37, Compose Software AS does better than 25% of companies in the Morning class Small in the same sector (456 companies) in 2024.
Score 2023–2025
- Compose Software AS
- Median: companies in the Morning class Small in the same sector
What the numbers say
Compose Software AS had an operating margin of −2.5% and an equity ratio of 17.6% in 2024, and ranks 1,834 of 2,471 in Teknisk tjenesteyting og forskning.
From 2023 to 2024: revenue grew by 64% and the operating margin rose from −9.4% to −2.5%.
This text is generated automatically from the 2024 accounts.
Three simple methods
One method gives a figure: 2 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 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
Worth a closer look
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −4.1% (median 4.7%).
- watch
The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin −2.5% (median 4.3%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 4.8% of the debt in 2024. The policy rate averaged 4.50 % 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 2021, the sector's weakest year, for this company.
The sector's weakest year was 2021, with a median operating margin of −0.2%. 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 | 20 | weight 30% |
|---|---|---|
| Solidity | 26 | weight 25% |
| Liquidity | 58 | weight 15% |
| Growth | 87 | weight 15% |
| Consistency | 16 | weight 15% |
Durability: 34 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Compose Software AS?
The operating margin was −2.5% in 2024, against a median of 4.3% among companies in the Morning class Small in the same sector. Return on assets was −3.5%. The company made a loss before tax.
How solid is Compose Software AS?
The equity ratio was 17.6% in 2024 (median 31.3%). Debt-to-equity was 4.69 (median 2.02).
What is the liquidity of Compose Software AS like?
The current ratio was 1.47 in 2024 (median 1.35).
How does Compose Software AS compare in Teknisk tjenesteyting og forskning?
Compose Software AS ranks 1,834 of 2,471 in Teknisk tjenesteyting og forskning for 2024. Among companies in the Morning class Small it is number 343 of 456. Revenue changed by 64.3% from the year before.
Public contracts
- Contracts awarded since 2024
- 1
- Total awarded value since 2024
- value not stated
- 1 contracts without a stated value are not in the total.
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 2 December 2024 | Oslo kommune v/ Byrådsavdeling for finans | Digitalt varslingssystem til Oslo kommune | value not stated |
| 12 December 2023 | Oslo kommune v/ Utviklings- og kompetanseetaten | 23/68 - Anskaffelse av løsning tilknyttet SKOK | 5.5 MNOK |
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.
- 916158378
- Legal form
- AS
- Sector
- Teknisk tjenesteyting og forskning (71.129)
- Morning company class
- Small
- Employees
- 15 registered 10 May 2026
- Founded
- 10 September 2015 11 years in operation
- Share capital
- 0.04 MNOK
- Business address
- Møllergata 12, 0179 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
- Chief executive
- Frode Preber Ettesvoll
- Chair of the board
- Carl Michael Oscarsson Haglind
- Board member
- Frode Preber Ettesvoll
- Auditor
- Knudsen Revisjonsbyrå AS
- Accountant
- Aureus Accounting AS
Source: Central Coordinating Register, fetched 1 November 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 31 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 32 | 37 | 37 | |
| Rank | 1,869 | 1,834 | 1,860 | |
| Operating margin | −9.4% | −2.5% | 0.5% | |
| Return on assets | −12.2% | −3.5% | 2.7% | |
| Equity ratio | 24.5% | 17.6% | 16.6% | |
| Current ratio | 2.36 | 1.47 | 1.31 | |
| Revenue growth | – | 64.3% | 35.4% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 13.5 MNOK | 22.2 MNOK | 30.1 MNOK |
| Operating profit | −1.3 MNOK | −0.6 MNOK | 0.1 MNOK |
| Profit before tax | −1.5 MNOK | −0.9 MNOK | 0.0 MNOK |
| Net profit | −0.8 MNOK | −0.2 MNOK | 0.0 MNOK |
| Financial expenses | 0.3 MNOK | 0.5 MNOK | 0.4 MNOK |
| Total assets | 9.8 MNOK | 12.2 MNOK | 12.8 MNOK |
| Current assets | 5.4 MNOK | 7.5 MNOK | 8.4 MNOK |
| Equity | 2.4 MNOK | 2.1 MNOK | 2.1 MNOK |
| Retained earnings | −1.1 MNOK | −1.4 MNOK | −1.4 MNOK |
| Total liabilities | 7.4 MNOK | 10.1 MNOK | 10.7 MNOK |
| Current liabilities | 2.3 MNOK | 5.1 MNOK | 6.4 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 31 October 2026, accounts id 5879433.
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