Pendulum AS

Org. no. 917716293 · Tromsø · Founded 2016

Score · fiscal year 2025

55of 100

How to read this: the company is ahead of 61 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?

Rank in the Morning class Micro: 584 of 1,498 · What are Morning company classes?
Place in the whole sector: 805 of 2,037 · Helse og omsorg

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 79 and solidity 36 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology

Against the sector

Pendulum AS is 5 points above the median for companies in the Morning class Micro in the same sector in 2025.

Median score 50 among 1,494 companies.

Against companies in the Morning class Micro in the same sector in 2025: operating margin 23.2% (median 7.8%) and equity ratio 34.4% (median 46.1%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 31 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue9 MNOK3 MNOK
Operating margin 23.2% 7.8% 73 %
Profit margin 22.4% 7.8% shown, not part of the index
Return on assets 49.2% 16.9% 85 %
Equity ratio 34.4% 46.1% 40 %
Debt-to-equity 1.91 0.93 32 %
Current ratio 0.56 1.58 8 %
Revenue growth 22.9% 3.2% 88 %

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 55, Pendulum AS does better than 61% of companies in the Morning class Micro in the same sector (1,498 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Pendulum AS
  • Median: companies in the Morning class Micro in the same sector
Summary analysis

Pendulum AS has a score of 55 for 2025, rank 805 of 2,037 in the sector.

Strongest: Growth: percentile 88 against peers, revenue growth 22.9% against a median of 3.2%. Profitability: percentile 79 against peers, operating margin 23.2% against a median of 7.8%.

Weakest: Liquidity: percentile 8 against peers, current ratio 0.56 against a median of 1.58. Solidity: percentile 36 against peers, equity ratio 34.4% against a median of 46.1%.

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

Pendulum AS had an operating margin of 23.2% and an equity ratio of 34.4% in 2025, and ranks 805 of 2,037 in Helse og omsorg.

From 2024 to 2025: the equity ratio rose from 2.6% to 34.4% and the operating margin fell from 34.0% to 23.2%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 2 MNOK and 19 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 1.6 MNOK 10.0 16 MNOK
EV/EBIT Operating profit: 2.2 MNOK
minus net debt −1.1 MNOK
8.0 19 MNOK
P/B Equity: 1.8 MNOK 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

Indications · 2025

Worth a closer look

  • watch

    Consider strengthening liquidity: current liabilities are 1.8 times current assets.

    Based on: Current ratio 0.56 (median 1.58).

  • watch

    Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?

    Based on: Revenue growth 22.9% (median 3.2%); Current ratio 0.56 (median 1.58).

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

Financial costs were 12.2% 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.

Stress test · 2026

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 −10.4%. Based on the 6 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability79 weight 30%
Solidity36 weight 25%
Liquidity8 weight 15%
Growth88 weight 15%
Consistency52 weight 15%

Durability: 49 (average over 3 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is Pendulum AS?

The operating margin was 23.2% in 2025, against a median of 7.8% among companies in the Morning class Micro in the same sector. Return on assets was 49.2%.

How solid is Pendulum AS?

The equity ratio was 34.4% in 2025 (median 46.1%). Debt-to-equity was 1.91 (median 0.93).

What is the liquidity of Pendulum AS like?

The current ratio was 0.56 in 2025 (median 1.58). Current assets did not cover current liabilities.

How does Pendulum AS compare in Helse og omsorg?

Pendulum AS ranks 805 of 2,037 in Helse og omsorg for 2025. Among companies in the Morning class Micro it is number 584 of 1,498. Revenue changed by 22.9% from the year before.

From the Central Coordinating Register

Org. no.
917716293
Legal form
AS
Sector
Helse og omsorg (86.221)
Morning company class
Micro
Employees
0–4 (not registered)
Founded
23 June 2016 10 years in operation
Share capital
0.03 MNOK
Business address
Hochlinvegen 6, 9016 TROMSØ
Municipality
Tromsø rank 9 of 11 in KOSTRA group 12
Latest accounts filed
2025
LEI
254900ZCZWWM790YY804 not renewed (lapsed)

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 3 November 2026. Only names are shown.

Parent company
No parent company: owned by persons

Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 30 October 2026. The parent is the one the company itself reported to GLEIF.

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.

Report an issue

Figures last fetched 31 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index563855
Rank7891,485805
Operating margin38.0%34.0%23.2%
Return on assets65.1%57.4%49.2%
Equity ratio30.6%2.6%34.4%
Current ratio1.310.680.56
Revenue growth–−2.1%22.9%

Accounts

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

Key figure202320242025
Operating revenue7.8 MNOK7.7 MNOK9.4 MNOK
Operating profit3.0 MNOK2.6 MNOK2.2 MNOK
Profit before tax2.0 MNOK2.7 MNOK2.1 MNOK
Net profit1.4 MNOK2.1 MNOK1.6 MNOK
Financial expenses1.1 MNOK0.1 MNOK0.4 MNOK
Total assets4.8 MNOK4.9 MNOK5.1 MNOK
Current assets2.4 MNOK2.4 MNOK1.3 MNOK
Equity1.5 MNOK0.1 MNOK1.8 MNOK
Retained earnings1.5 MNOK0.1 MNOK1.7 MNOK
Total liabilities3.4 MNOK4.8 MNOK3.4 MNOK
Current liabilities1.8 MNOK3.6 MNOK2.4 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 31 October 2026, accounts id 6763496.