Gitberry AS
Score · fiscal year 2024
34of 100
How to read this: the company is ahead of 17 % of companies in the Morning class Medium in the same sector in 2024. What does this mean?
Rank in the Morning class Medium: 586 of 704 · What are Morning company classes?
Place in the whole sector: 2,531 of 3,151 · Informasjon og kommunikasjon
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 98 and solidity 0 out of 100 among companies in the Morning class Medium in the same sector in 2024. Methodology
Against the sector
Gitberry AS is 17 points below the median for companies in the Morning class Medium in the same sector in 2024.
Median score 51 among 704 companies.
Against companies in the Morning class Medium in the same sector in 2024: operating margin 31.1% (median 5.9%) and equity ratio −4.1% (median 29.2%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 95 MNOK | 105 MNOK |
| Operating margin | 31.1% | 5.9% |
| Profit margin | 34.4% | 6.7% |
| Return on assets | 111.4% | 11.6% |
| Equity ratio | −4.1% | 29.2% |
| Debt-to-equity | – | 2.30 |
| Current ratio | 0.01 | 1.17 |
| Revenue growth | −58.3% | 7.1% |
The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 34, Gitberry AS does better than 17% of companies in the Morning class Medium in the same sector (704 companies) in 2024.
Score 2023–2025
- Gitberry AS
- Median: companies in the Morning class Medium in the same sector
What the numbers say
Gitberry AS had an operating margin of 31.1% and an equity ratio of −4.1% in 2024, and ranks 2,531 of 3,151 in Informasjon og kommunikasjon.
From 2023 to 2024: the operating margin rose from −0.7% to 31.1% and went from a loss to a profit before tax.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 110 MNOK and 111 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 17.7 | 111 MNOK |
| EV/EBIT | 14.3 | 110 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 −4.1% (median 29.2%).
- critical
Consider strengthening liquidity: current liabilities are 98.0 times current assets.
Based on: Current ratio 0.01 (median 1.17).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 4.4% 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
- 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
What the score is made of
| Profitability | 98 | weight 30% |
|---|---|---|
| Solidity | 0 | weight 25% |
| Liquidity | 0 | weight 15% |
| Growth | 0 | weight 15% |
| Consistency | 28 | weight 15% |
Durability: 24 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Gitberry AS?
The operating margin was 31.1% in 2024, against a median of 5.9% among companies in the Morning class Medium in the same sector. Return on assets was 111.4%.
How solid is Gitberry AS?
The equity ratio was −4.1% in 2024 (median 29.2%). Equity is negative, so liabilities exceed assets.
What is the liquidity of Gitberry AS like?
The current ratio was 0.01 in 2024 (median 1.17). Current assets did not cover current liabilities.
How does Gitberry AS compare in Informasjon og kommunikasjon?
Gitberry AS ranks 2,531 of 3,151 in Informasjon og kommunikasjon for 2024. Among companies in the Morning class Medium it is number 586 of 704. Revenue changed by −58.3% from the year before.
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)
- Morning company class
- Medium
- 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 | 2,852 | 2,531 | – | |
| 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 6325217.
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