TECHPRO AS

Org. no. 921091443 · LILLESTRØM · Founded 2018

Score · fiscal year 2025

48of 100

How to read this: the company is ahead of 46 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?

Rank in the Morning class Micro: 6,124 of 11,397 · What are Morning company classes?
Place in the whole sector: 12,421 of 23,065 · Handel

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 98 and solidity 0 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology

Against the sector

TECHPRO AS is 2 points below the median for companies in the Morning class Micro in the same sector in 2025.

Median score 50 among 11,394 companies.

Against companies in the Morning class Micro in the same sector in 2025: operating margin 45.6% (median 2.6%) and equity ratio −6.2% (median 33.8%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue4 MNOK4 MNOK
Operating margin 45.6% 2.6% 96 %
Profit margin 44.3% 2.2% shown, not part of the index
Return on assets 271.1% 6.2% 100 %
Equity ratio −6.2% 33.8% 17 %
Debt-to-equity – 1.23 not compared
Current ratio 0.93 1.75 18 %
Revenue growth 240.2% 4.0% 95 %

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 48, TECHPRO AS does better than 46% of companies in the Morning class Micro in the same sector (11,397 companies) in 2025.

Over time

Score 2023–2025

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

TECHPRO AS has a score of 48 for 2025, rank 12,421 of 23,065 in the sector.

Strongest: Profitability: percentile 98 against peers, operating margin 45.6% against a median of 2.6%. Growth: percentile 95 against peers, revenue growth 240.2% against a median of 4.0%.

Weakest: Solidity: percentile 0 against peers, equity ratio −6.2% against a median of 33.8%. Consistency: percentile 13 against peers.

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

TECHPRO AS had an operating margin of 45.6% and an equity ratio of −6.2% in 2025, and ranks 12,421 of 23,065 in Handel.

From 2024 to 2025: the operating margin rose from −132.2% to 45.6% and revenue grew by 240%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 15 MNOK and 18 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 1.8 MNOK 10.0 18 MNOK
EV/EBIT Operating profit: 1.9 MNOK
minus net debt −0.1 MNOK
8.0 15 MNOK
P/B Equity: 0.0 MNOK 1.0 not meaningful

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

  • critical

    Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?

    Based on: Equity ratio −6.2% (median 33.8%).

  • watch

    Consider strengthening liquidity: current liabilities are 1.1 times current assets.

    Based on: Current ratio 0.93 (median 1.75).

  • 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 240.2% (median 4.0%); Current ratio 0.93 (median 1.75).

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

Financial costs were 9.8% 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.

Data quality

  • critical Negative equity
Stress test · 2022

Scenario analysis: the sector's weakest year

We have no accounts for 2022, the sector's weakest year, for this company.

The sector's weakest year was 2022, with a median operating margin of 1.5%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability98 weight 30%
Solidity0 weight 25%
Liquidity18 weight 15%
Growth95 weight 15%
Consistency13 weight 15%

Durability: 33 (average over 2 years)

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

2025

Questions and answers

How profitable is TECHPRO AS?

The operating margin was 45.6% in 2025, against a median of 2.6% among companies in the Morning class Micro in the same sector. Return on assets was 271.1%.

How solid is TECHPRO AS?

The equity ratio was −6.2% in 2025 (median 33.8%). Equity is negative, so liabilities exceed assets.

What is the liquidity of TECHPRO AS like?

The current ratio was 0.93 in 2025 (median 1.75). Current assets did not cover current liabilities.

How does TECHPRO AS compare in Handel?

TECHPRO AS ranks 12,421 of 23,065 in Handel for 2025. Among companies in the Morning class Micro it is number 6,124 of 11,397. Revenue changed by 240.2% from the year before.

From the Central Coordinating Register

Org. no.
921091443
Legal form
AS
Sector
Handel (46.640)
Morning company class
Micro
Employees
0–4 (not registered)
Founded
23 May 2018 8 years in operation
Share capital
0.06 MNOK
Business address
c/o Delta Co-Work, Storgata 7, 2000 LILLESTRØM
Municipality
Lillestrøm rank 7 of 11 in KOSTRA group 12
Audit
Audit opted out from 23 December 2025
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

Chief executive
Jørgen Bjørnstad Dannevig
Chair of the board
Kaare Bakken
Board member
Jørgen Bjørnstad Dannevig
Board member
Egil Bretvik
Accountant
RESPIRARE ACCOUNTING AS

Source: Central Coordinating Register, fetched 29 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 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index–1748
Rank–20,83612,421
Operating margin−1,739.3%−132.2%45.6%
Return on assets−90.5%−197.6%271.1%
Equity ratio90.1%−70.0%−6.2%
Current ratio9.620.590.93
Revenue growth–1,915.4%240.2%

Accounts

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

Key figure202320242025
Operating revenue0.1 MNOK1.2 MNOK4.1 MNOK
Operating profit−1.0 MNOK−1.6 MNOK1.9 MNOK
Profit before tax−1.0 MNOK−1.6 MNOK1.8 MNOK
Net profit−0.8 MNOK−1.6 MNOK1.8 MNOK
Financial expenses–0.0 MNOK0.1 MNOK
Total assets1.1 MNOK0.8 MNOK0.7 MNOK
Current assets1.0 MNOK0.8 MNOK0.7 MNOK
Equity1.0 MNOK−0.6 MNOK0.0 MNOK
Retained earnings–−0.6 MNOK−0.1 MNOK
Total liabilities0.1 MNOK1.4 MNOK0.7 MNOK
Current liabilities0.1 MNOK1.4 MNOK0.7 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6490741.

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