Pearl Norge AS

Org. no. 918777474 · Bærum · Founded 2017 · 113 employees

Score · fiscal year 2025

47of 100

How to read this: the company is ahead of 43 % of companies in the Morning class Medium in the same sector in 2025. What does this mean?

Rank in the Morning class Medium: 337 of 592 · What are Morning company classes?
Place in the whole sector: 1,311 of 2,301 · Informasjon og kommunikasjon

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 62 and solidity 23 out of 100 among companies in the Morning class Medium in the same sector in 2025. Methodology

Against the sector

Pearl Norge AS is 2 points below the median for companies in the Morning class Medium in the same sector in 2025.

Median score 49 among 592 companies.

Against companies in the Morning class Medium in the same sector in 2025: operating margin 9.4% (median 6.1%) and equity ratio 13.7% (median 30.2%).

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 revenue488 MNOK116 MNOK
Operating margin 9.4% 6.1% 63 %
Profit margin 9.8% 6.6% shown, not part of the index
Return on assets 17.1% 11.8% 62 %
Equity ratio 13.7% 30.2% 24 %
Debt-to-equity 6.32 2.27 22 %
Current ratio 0.80 1.17 17 %
Revenue growth 21.1% 7.2% 79 %
Revenue per employee4.32 MNOK2.54 MNOK

The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 47, Pearl Norge AS does better than 43% of companies in the Morning class Medium in the same sector (592 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Pearl Norge AS
  • Median: companies in the Morning class Medium in the same sector
Summary analysis

Pearl Norge AS has a score of 47 for 2025, rank 1,311 of 2,301 in the sector.

Strongest: Growth: percentile 79 against peers, revenue growth 21.1% against a median of 7.2%. Profitability: percentile 62 against peers, operating margin 9.4% against a median of 6.1%.

Weakest: Liquidity: percentile 17 against peers, current ratio 0.80 against a median of 1.17. Solidity: percentile 23 against peers, equity ratio 13.7% against a median of 30.2%.

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

Pearl Norge AS had an operating margin of 9.4% and an equity ratio of 13.7% in 2025, and ranks 1,311 of 2,301 in Informasjon og kommunikasjon.

From 2024 to 2025: revenue grew by 21% and the equity ratio fell from 18.9% to 13.7%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 39 MNOK and 438 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 37.3 MNOK 10.0 373 MNOK
EV/EBIT Operating profit: 45.7 MNOK
minus net debt −72.3 MNOK
8.0 438 MNOK
P/B Equity: 38.7 MNOK 1.0 39 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 1.2 times current assets.

    Based on: Current ratio 0.80 (median 1.17).

  • 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 21.1% (median 7.2%); Current ratio 0.80 (median 1.17).

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

Financial costs were 0.3% 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 4.0%. Based on the 8 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability62 weight 30%
Solidity23 weight 25%
Liquidity17 weight 15%
Growth79 weight 15%
Consistency56 weight 15%

Durability: 50 (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 Pearl Norge AS?

The operating margin was 9.4% in 2025, against a median of 6.1% among companies in the Morning class Medium in the same sector. Return on assets was 17.1%.

How solid is Pearl Norge AS?

The equity ratio was 13.7% in 2025 (median 30.2%). Debt-to-equity was 6.32 (median 2.27).

What is the liquidity of Pearl Norge AS like?

The current ratio was 0.80 in 2025 (median 1.17). Current assets did not cover current liabilities.

How does Pearl Norge AS compare in Informasjon og kommunikasjon?

Pearl Norge AS ranks 1,311 of 2,301 in Informasjon og kommunikasjon for 2025. Among companies in the Morning class Medium it is number 337 of 592. Revenue changed by 21.1% from the year before.

From the Central Coordinating Register

Org. no.
918777474
Legal form
AS
Sector
Informasjon og kommunikasjon (62.100)
Morning company class
Medium
Employees
113 registered 10 June 2026
Founded
14 March 2017 9 years in operation
Share capital
0.03 MNOK
Business address
Lysaker torg 45, 1366 LYSAKER (BÆRUM)
Municipality
Bærum rank 1 of 11 in KOSTRA group 12
Latest accounts filed
2025
Website
www.pearlgroup.no

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 31 October 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?

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Figures last fetched 31 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index544947
Rank9041,2371,311
Operating margin11.5%11.4%9.4%
Return on assets28.0%25.9%17.1%
Equity ratio23.4%18.9%13.7%
Current ratio1.000.930.80
Revenue growth–5.7%21.1%

Accounts

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

Key figure202320242025
Operating revenue381.7 MNOK403.4 MNOK488.3 MNOK
Operating profit44.0 MNOK45.8 MNOK45.7 MNOK
Profit before tax46.2 MNOK52.4 MNOK47.8 MNOK
Net profit36.0 MNOK40.8 MNOK37.3 MNOK
Financial expenses1.0 MNOK1.1 MNOK0.6 MNOK
Total assets168.8 MNOK206.2 MNOK282.9 MNOK
Current assets129.3 MNOK155.0 MNOK196.6 MNOK
Equity39.4 MNOK38.9 MNOK38.7 MNOK
Retained earnings39.4 MNOK38.9 MNOK38.6 MNOK
Total liabilities129.3 MNOK167.3 MNOK244.2 MNOK
Current liabilities129.3 MNOK167.3 MNOK244.2 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 31 October 2026, accounts id 7183107.