Viiral AS
Score · fiscal year 2025
38of 100
How to read this: the company is ahead of 28 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?
Rank in the Morning class Micro: 1,434 of 1,989 · What are Morning company classes?
Place in the whole sector: 2,911 of 3,920 · Teknisk tjenesteyting og forskning
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 75 and solidity 23 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology
Against the sector
Viiral AS is 12 points below the median for companies in the Morning class Micro in the same sector in 2025.
Median score 50 among 1,988 companies.
Against companies in the Morning class Micro in the same sector in 2025: operating margin 43.4% (median 5.1%) and equity ratio 17.1% (median 41.7%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 1 MNOK | 3 MNOK |
| Operating margin | 43.4% | 5.1% |
| Profit margin | 37.8% | 4.9% |
| Return on assets | 13.9% | 10.2% |
| Equity ratio | 17.1% | 41.7% |
| Debt-to-equity | 4.83 | 1.10 |
| Current ratio | 0.04 | 1.68 |
| Revenue growth | – | 5.2% |
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 38, Viiral AS does better than 28% of companies in the Morning class Micro in the same sector (1,989 companies) in 2025.
Score over time
Score over time needs at least two fiscal years with a score. It will appear when next year's figures are fetched or history is imported.
Viiral AS has a score of 38 for 2025, rank 2,911 of 3,920 in the sector.
Strongest: Profitability: percentile 75 against peers, operating margin 43.4% against a median of 5.1%.
Weakest: Liquidity: percentile 0 against peers, current ratio 0.04 against a median of 1.68. Solidity: percentile 23 against peers, equity ratio 17.1% against a median of 41.7%.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 25.5 times current assets. Based on: current ratio 0.04 (median 1.68).
- What lies behind weak solidity, and will it last?
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?
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 Viiral AS. The figures stand side by side; we claim no cause.
Turnover index: architectural and engineering activities (indeks (2021 = 100))
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Turnover index: architectural and engineering activities, annual average | 99.0 | 108.8 | 127.9 | 146.4 | 158.3 | 155.2 (so far) |
| Change from the year before | +9.8% | +9.9% | +17.5% | +14.5% | +8.1% | −1.9% |
| The company's operating margin | – | – | – | – | 43.4% | – |
Source: SSB (13863, CC BY 4.0). Source
Turnover index: advertising and market research (indeks (2021 = 100))
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Turnover index: advertising and market research, annual average | 99.4 | 113.5 | 108.3 | 106.9 | 110.7 | 126.1 (so far) |
| Change from the year before | +35.1% | +14.2% | −4.6% | −1.3% | +3.6% | +13.9% |
| The company's operating margin | – | – | – | – | 43.4% | – |
Source: SSB (13863, CC BY 4.0). Source
Turnover index: other professional and technical activities (indeks (2021 = 100))
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Turnover index: other professional and technical activities, annual average | 98.3 | 121.6 | 139.4 | 131.0 | 139.1 | 158.0 (so far) |
| Change from the year before | +29.9% | +23.7% | +14.6% | −6.0% | +6.2% | +13.6% |
| The company's operating margin | – | – | – | – | 43.4% | – |
Source: SSB (13863, CC BY 4.0). Source
Service prices: architects and engineering (indeks (2021 = 100))
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Service prices: architects and engineering, annual average | 100.0 | 103.6 | 107.5 | 111.2 | 114.7 | 119.4 (so far) |
| Change from the year before | +1.2% | +3.5% | +3.8% | +3.4% | +3.2% | +4.2% |
| The company's operating margin | – | – | – | – | 43.4% | – |
Source: SSB (14335, CC BY 4.0). Source
Oil price (export price of crude oil) (kr per fat)
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Oil price (export price of crude oil), annual average | 609 | 979 | 877 | 859 | 708 | 881 (so far) |
| Change from the year before | +61.1% | +60.8% | −10.5% | −2.0% | −17.6% | +24.5% |
| The company's operating margin | – | – | – | – | 43.4% | – |
Source: SSB (08799, CC BY 4.0). Source
Policy rate (prosent)
| 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 | – | – | – | – | 43.4% | – |
Source: Norges Bank (IR, NLOD 2.0). Source
EUR/NOK (kr)
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| EUR/NOK, annual average | 10.16 | 10.10 | 11.42 | 11.62 | 11.72 | 11.04 (so far) |
| Change from the year before | −5.2% | −0.6% | +13.1% | +1.8% | +0.8% | −5.8% |
| The company's operating margin | – | – | – | – | 43.4% | – |
Source: Norges Bank (EXR, NLOD 2.0). Source
Wage index: architects and engineering (indeks)
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Wage index: architects and engineering, annual average | 90.5 | 90.9 | 96.0 | 100.9 | 105.6 | 109.2 (so far) |
| Change from the year before | +7.4% | +0.5% | +5.6% | +5.2% | +4.7% | +3.4% |
| The company's operating margin | – | – | – | – | 43.4% | – |
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
Viiral AS had an operating margin of 43.4% and an equity ratio of 17.1% in 2025, and ranks 2,911 of 3,920 in Teknisk tjenesteyting og forskning.
From 2024 to 2025: went from a loss to a profit before tax and the equity ratio rose from 4.7% to 17.1%.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 1 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 18.6 | not meaningful |
| EV/EBIT | 15.9 | not meaningful |
| P/B | 3.2 | 1 MNOK |
The listed basis is the value at listed multiples. The estimate is lowered by 51% for an unlisted company: 20% for lack of marketability and 38% for size (a small-company premium of 4% 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
Consider strengthening liquidity: current liabilities are 25.5 times current assets.
Based on: Current ratio 0.04 (median 1.68).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 2.2% 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 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 | 75 | weight 30% |
|---|---|---|
| Solidity | 23 | weight 25% |
| Liquidity | 0 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 27 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is Viiral AS?
The operating margin was 43.4% in 2025, against a median of 5.1% among companies in the Morning class Micro in the same sector. Return on assets was 13.9%.
How solid is Viiral AS?
The equity ratio was 17.1% in 2025 (median 41.7%). Debt-to-equity was 4.83 (median 1.10).
What is the liquidity of Viiral AS like?
The current ratio was 0.04 in 2025 (median 1.68). Current assets did not cover current liabilities.
How does Viiral AS compare in Teknisk tjenesteyting og forskning?
Viiral AS ranks 2,911 of 3,920 in Teknisk tjenesteyting og forskning for 2025. Among companies in the Morning class Micro it is number 1,434 of 1,989.
From the Central Coordinating Register
- Org. no.
- 916538367
- Legal form
- AS
- Sector
- Teknisk tjenesteyting og forskning (72.100)
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 22 December 2015 10 years in operation
- Share capital
- 0.07 MNOK
- Business address
- c/o Sparebank 1 Regnskapshuset SMN, St Olavs plass 1, 6002 ÅLESUND
- Municipality
- Ålesund rank 2–6 of 10 in KOSTRA group 11
- Audit
- Audit opted out from 19 October 2024
- 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
- 40
- Largest owner
- 44.4% · top three 59.9%
- Split
- companies 87% · private persons 13% · foreign 2%
- Owned from the same municipality
- 78%
- Owners over 60
- 87% of the shares held by persons (median age 62)
- Life Capitol AS · 44.4%
- Bjn Holding AS · 7.1%
- Bfk Holding AS · 6.0%
- Cavima Invest AS · 5.2%
- Våge Industri AS · 4.6%
- Stette Invest AS · 3.4%
- Eng AS · 3.3%
- Stayer Consult AS · 3.1%
- Mimer Medical AB (Sweden) · 1.1%
- Sobona AS · 1.1%
- 15 private persons · 13.5%
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 | – | – | 38 | |
| Rank | – | – | 2,911 | |
| Operating margin | – | – | 43.4% | |
| Return on assets | −34.7% | −24.1% | 13.9% | |
| Equity ratio | 28.5% | 4.7% | 17.1% | |
| Current ratio | 0.18 | 0.10 | 0.04 | |
| Revenue growth | – | – | – |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | – | 0.0 MNOK | 1.2 MNOK |
| Operating profit | −1.5 MNOK | −1.0 MNOK | 0.5 MNOK |
| Profit before tax | −1.5 MNOK | −1.0 MNOK | 0.5 MNOK |
| Tax expense | 0.0 MNOK | – | – |
| Net profit | −1.5 MNOK | −1.0 MNOK | 0.5 MNOK |
| Financial expenses | 0.0 MNOK | 0.1 MNOK | 0.1 MNOK |
| Total assets | 4.3 MNOK | 4.1 MNOK | 3.8 MNOK |
| Current assets | 0.6 MNOK | 0.3 MNOK | 0.0 MNOK |
| Equity | 1.2 MNOK | 0.2 MNOK | 0.7 MNOK |
| Retained earnings | – | 0.0 MNOK | 0.5 MNOK |
| Total liabilities | 3.1 MNOK | 3.9 MNOK | 3.2 MNOK |
| Current liabilities | 3.1 MNOK | 3.3 MNOK | 1.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 31 October 2026, accounts id 6770662.
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