Gitberry AS
Score · fiscal year 2025
Not enough data: Revenue not reported
Based on the annual accounts for 2025
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 0 MNOK | 18 MNOK |
| Operating margin | – | 5.1% |
| Profit margin | – | 5.3% |
| Return on assets | −3.1% | 10.0% |
| Equity ratio | −33.7% | 33.4% |
| Debt-to-equity | – | 1.67 |
| Current ratio | 0.07 | 1.29 |
| Revenue growth | −100.0% | 7.2% |
The median and “ahead of” refer to companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
Score 2023–2025
- Gitberry AS
- Median: companies in the same sector
The industry or the company: what drove the result?
In 2024 the operating margin of Gitberry AS rose by 31.7 percentage points. Comparable companies fell by a median 0.2 points. So the company did 31.9 points better than the industry, for reasons of its own.
| Year | The company | Comparable (median) | Change, company | Change, industry | The company's own |
|---|---|---|---|---|---|
| 2024 | 31.1% | 6.0% | +31.7 percentage points | −0.2 percentage points | +31.9 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 Gitberry AS. The figures stand side by side; we claim no cause.
Service prices: information and communication (indeks (2021 = 100))
Service prices: information and communication rose 3.2% in 2024; the operating margin of Gitberry AS rose 31.7 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Service prices: information and communication, annual average | 100.0 | 103.3 | 108.7 | 112.2 | 116.7 | 120.0 (so far) |
| Change from the year before | – | +3.2% | +5.3% | +3.2% | +4.0% | +2.8% |
| The company's operating margin | – | – | −0.7% | 31.1% | – | – |
Source: SSB (14335, CC BY 4.0). Source
Turnover index: information and communication (indeks (2021 = 100))
Turnover index: information and communication rose 1.5% in 2024; the operating margin of Gitberry AS rose 31.7 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Turnover index: information and communication, annual average | 99.6 | 111.4 | 126.4 | 128.3 | 134.2 | 141.3 (so far) |
| Change from the year before | +14.7% | +11.8% | +13.5% | +1.5% | +4.6% | +5.3% |
| The company's operating margin | – | – | −0.7% | 31.1% | – | – |
Source: SSB (13863, CC BY 4.0). Source
USD/NOK (kr)
USD/NOK rose 1.7% in 2024; the operating margin of Gitberry AS rose 31.7 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| USD/NOK, annual average | 8.59 | 9.61 | 10.56 | 10.75 | 10.39 | 9.54 (so far) |
| Change from the year before | −8.8% | +11.9% | +9.9% | +1.7% | −3.3% | −8.2% |
| The company's operating margin | – | – | −0.7% | 31.1% | – | – |
Source: Norges Bank (EXR, NLOD 2.0). Source
Policy rate (prosent)
Policy rate rose 0.96 percentage points in 2024; the operating margin of Gitberry AS rose 31.7 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 | – | – | −0.7% | 31.1% | – | – |
Source: Norges Bank (IR, NLOD 2.0). Source
Consumer price index (indeks (2025 = 100))
Consumer price index rose 3.2% in 2024; the operating margin of Gitberry AS rose 31.7 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Consumer price index, annual average | 84.3 | 89.2 | 94.1 | 97.0 | 100.0 | 102.9 (so far) |
| Change from the year before | +3.5% | +5.8% | +5.5% | +3.2% | +3.0% | +2.9% |
| The company's operating margin | – | – | −0.7% | 31.1% | – | – |
Source: SSB (14710, CC BY 4.0). Source
Wage index: IT services (indeks)
Wage index: IT services rose 5.4% in 2024; the operating margin of Gitberry AS rose 31.7 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Wage index: IT services, annual average | 84.9 | 87.8 | 92.3 | 97.3 | 101.5 | 105.4 (so far) |
| Change from the year before | +4.9% | +3.5% | +5.1% | +5.4% | +4.4% | +3.8% |
| The company's operating margin | – | – | −0.7% | 31.1% | – | – |
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
Gitberry AS had an equity ratio of −33.7% in 2025. The company is not ranked: revenue not reported.
From 2024 to 2025: went from a profit to a loss before tax and revenue fell by 100%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 73 MNOK and 73 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 17.7 | 73 MNOK |
| EV/EBIT | 14.3 | 73 MNOK |
| P/B | 2.6 | not meaningful |
The listed basis is the value at listed multiples. The estimate is lowered by 46% for an unlisted company: 20% for lack of marketability and 32% for size (a small-company premium of 3% on the cost of equity).
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
- critical
Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?
Based on: Equity ratio −33.7% (median 33.4%).
- critical
Consider strengthening liquidity: current liabilities are 15.0 times current assets.
Based on: Current ratio 0.07 (median 1.29).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin – (median 5.3%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.0% 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
- critical Negative equity
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 4.1%. Based on the 8 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
Questions and answers
How profitable is Gitberry AS?
The operating margin was – in 2025, against a median of 5.1% among companies in the same sector. Return on assets was −3.1%. The company made a loss before tax.
How solid is Gitberry AS?
The equity ratio was −33.7% in 2025 (median 33.4%). Equity is negative, so liabilities exceed assets.
What is the liquidity of Gitberry AS like?
The current ratio was 0.07 in 2025 (median 1.29). Current assets did not cover current liabilities.
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 Efem Group AS. Persons are not shown by name.
Efem Group AS has not filed group accounts in open data, so the group has no index of its own. Each company has its own accounts.
-
Efem Group AS
- Gitberry AS you are here
- Folieteknikk AS
- Frigoteknikk AS
- Tunnl Invest AS
- Utleiexpressen 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.
- 916522576
- Legal form
- AS
- Sector
- Informasjon og kommunikasjon (62.200)
- Employees
- 0–4 (not registered)
- Founded
- 10 December 2015 10 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Strømsveien 322, 1081 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
- 1 (one owner)
- Largest owner
- 100.0%
- Split
- companies 100% · private persons 0% · foreign 0%
- Owned from the same municipality
- 100%
- Group chain
-
Owned by: Efem Group AS (100%)
Ultimate owner: private person
The owner: the majority owner Efem Group AS (holds 100%) made a loss in 2024. A weak parent can affect the subsidiary through group contributions, loans and guarantees. It is an indication to watch, not an assessment of the company.
- Efem Group AS · 100.0%
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.
Figures last fetched 31 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 14 | 34 | – | |
| Rank | 2,802 | 2,488 | – | |
| Operating margin | −0.7% | 31.1% | – | |
| Return on assets | 8.9% | 111.4% | −3.1% | |
| Equity ratio | −4.3% | −4.1% | −33.7% | |
| Current ratio | 0.42 | 0.01 | 0.07 | |
| Revenue growth | – | −58.3% | −100.0% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 229.0 MNOK | 95.5 MNOK | 0.0 MNOK |
| Operating profit | −1.6 MNOK | 29.6 MNOK | −0.1 MNOK |
| Profit before tax | −2.4 MNOK | 32.8 MNOK | −0.1 MNOK |
| Tax expense | 0.2 MNOK | 7.2 MNOK | 0.0 MNOK |
| Net profit | −2.6 MNOK | 25.6 MNOK | −0.1 MNOK |
| Financial expenses | 6.9 MNOK | 1.4 MNOK | 0.0 MNOK |
| Total assets | 50.5 MNOK | 30.7 MNOK | 4.1 MNOK |
| Current assets | 22.0 MNOK | 0.3 MNOK | 0.3 MNOK |
| Equity | −2.2 MNOK | −1.2 MNOK | −1.4 MNOK |
| Retained earnings | −2.2 MNOK | −1.3 MNOK | −1.4 MNOK |
| Total liabilities | 52.6 MNOK | 32.0 MNOK | 5.4 MNOK |
| Current liabilities | 52.6 MNOK | 32.0 MNOK | 5.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 31 October 2026, accounts id 7231482.