Wings Travel Management AS

Org. no. 916594925 · Sandnes · Founded 2016 · 17 employees

Score · fiscal year 2023

37of 100

How to read this: the company is ahead of 29 % of companies in the Morning class Small in the same sector in 2023. What does this mean?

Rank in the Morning class Small: 429 of 605 · What are Morning company classes?
Place in the whole sector: 1,433 of 2,090 · Forretningsmessig tjenesteyting

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 56 and solidity 8 out of 100 among companies in the Morning class Small in the same sector in 2023. Methodology

Against the sector

Wings Travel Management AS is 12 points below the median for companies in the Morning class Small in the same sector in 2023.

Median score 49 among 605 companies.

Against companies in the Morning class Small in the same sector in 2023: operating margin 7.8% (median 4.4%) and equity ratio 1.1% (median 22.7%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 31 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue12 MNOK21 MNOK
Operating margin 7.8% 4.4% 67 %
Profit margin 7.0% 4.2% shown, not part of the index
Return on assets 9.0% 11.1% 45 %
Equity ratio 1.1% 22.7% 12 %
Debt-to-equity 86.56 2.99 3 %
Current ratio 1.36 1.19 64 %
Revenue growth – −1.0% not compared
Revenue per employee0.72 MNOK0.65 MNOK

The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 37, Wings Travel Management AS does better than 29% of companies in the Morning class Small in the same sector (605 companies) in 2023.

Over time

Score 2023–2026

CompanyMedian02550751002023202420252026The shaded year is the sector's weakest year, used by the stress test.
  • Wings Travel Management AS
  • Median: companies in the Morning class Small in the same sector
Analysis · 2023

What the numbers say

Wings Travel Management AS had an operating margin of 7.8% and an equity ratio of 1.1% in 2023, and ranks 1,433 of 2,090 in Forretningsmessig tjenesteyting.

Wings Travel Management AS did better than the sector in 2026, the sector's weakest year.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 0 MNOK and 9 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.9 MNOK 10.0 9 MNOK
EV/EBIT Operating profit: 1.0 MNOK
minus net debt 1.2 MNOK
8.0 7 MNOK
P/B Equity: 0.1 MNOK 1.0 0 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

Indications · 2023

Worth a closer look

  • watch

    The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?

    Based on: Equity ratio 1.1% (median 22.7%).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 1.2% of the debt in 2023. The policy rate averaged 3.54 % 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.

Stress test · 2026

Scenario analysis: the sector's weakest year

The operating margin was 21.7% in 2026 (sector median −3.2%), and the equity ratio 33.4%. In the other years the operating margin averaged 9.0%.

The sector's weakest year was 2026, with a median operating margin of −3.2%. Based on the 9 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability56 weight 30%
Solidity8 weight 25%
Liquidity64 weight 15%
Growth– no data, left out
Consistency22 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2023

Questions and answers

How profitable is Wings Travel Management AS?

The operating margin was 7.8% in 2023, against a median of 4.4% among companies in the Morning class Small in the same sector. Return on assets was 9.0%.

How solid is Wings Travel Management AS?

The equity ratio was 1.1% in 2023 (median 22.7%). Debt-to-equity was 86.56 (median 2.99).

What is the liquidity of Wings Travel Management AS like?

The current ratio was 1.36 in 2023 (median 1.19).

How does Wings Travel Management AS compare in Forretningsmessig tjenesteyting?

Wings Travel Management AS ranks 1,433 of 2,090 in Forretningsmessig tjenesteyting for 2023. Among companies in the Morning class Small it is number 429 of 605.

From the Central Coordinating Register

Org. no.
916594925
Legal form
AS
Sector
Forretningsmessig tjenesteyting (79.110)
Morning company class
Small
Employees
17 registered 10 October 2026
Founded
14 January 2016 10 years in operation
Share capital
0.05 MNOK
Business address
Koppholen 6, 4313 SANDNES
Municipality
Sandnes rank 4 of 11 in KOSTRA group 12
Latest accounts filed
2026

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 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.

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Figures last fetched 31 October 2026.

Details

Year by year · 2023–2026

Key figure2023202420252026Trend
Index37526177
Rank1,4339786211
Operating margin7.8%10.0%9.2%21.7%
Return on assets9.0%11.2%11.9%27.8%
Equity ratio1.1%9.7%16.4%33.4%
Current ratio1.361.421.311.39
Revenue growth–9.5%29.7%32.5%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure2023202420252026
Operating revenue12.3 MNOK13.5 MNOK17.5 MNOK23.2 MNOK
Operating profit1.0 MNOK1.3 MNOK1.6 MNOK5.0 MNOK
Profit before tax0.9 MNOK1.0 MNOK1.1 MNOK5.4 MNOK
Net profit0.9 MNOK1.0 MNOK1.1 MNOK4.3 MNOK
Financial expenses0.1 MNOK0.3 MNOK0.6 MNOK0.0 MNOK
Total assets11.2 MNOK12.0 MNOK13.6 MNOK19.7 MNOK
Current assets10.6 MNOK10.4 MNOK9.8 MNOK16.3 MNOK
Equity0.1 MNOK1.2 MNOK2.2 MNOK6.6 MNOK
Retained earnings0.1 MNOK1.1 MNOK2.2 MNOK6.5 MNOK
Total liabilities11.1 MNOK10.8 MNOK11.4 MNOK13.1 MNOK
Current liabilities7.8 MNOK7.4 MNOK7.5 MNOK11.7 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 31 October 2026, accounts id 4566263.