JAGTECH AS
Score · fiscal year 2024
84of 100
How to read this: the company is ahead of 98 % of small companies in the same sector in 2024. What does this mean?
Rank: 678 of 37,180 · Handel
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 96 and solidity 76 out of 100 among small companies in the same sector in 2024. Methodology
Against the sector
JAGTECH AS is 34 points above the median for small companies in the same sector in 2024.
Median score 50 among 34,777 companies.
Against small companies in the same sector in 2024: operating margin 49.0% (median 2.2%) and equity ratio 77.1% (median 38.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 44 MNOK | 4 MNOK |
| Operating margin | 49.0% | 2.2% |
| Profit margin | 49.2% | 2.0% |
| Return on assets | 61.1% | 3.7% |
| Equity ratio | 77.1% | 38.4% |
| Debt-to-equity | 0.30 | 0.97 |
| Current ratio | 2.35 | 1.68 |
| Revenue growth | 206.3% | 2.2% |
| Revenue per employee | 6.26 MNOK | 1.57 MNOK |
The median and “ahead of” refer to small companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 84, JAGTECH AS does better than 98% of small companies in the same sector (34,894 companies) in 2024.
Score 2023–2025
- JAGTECH AS
- Median: small companies in the same sector
What the numbers say
JAGTECH AS had an operating margin of 49.0% and an equity ratio of 77.1% in 2024, and ranks 678 of 37,180 in Handel.
From 2023 to 2024: revenue grew by 206% and the operating margin rose from 23.7% to 49.0%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 27 MNOK and 184 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 184 MNOK |
| EV/EBIT | 8.0 | 174 MNOK |
| P/B | 1.0 | 27 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
Worth a closer look
No rules were triggered for this year.
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.0% of the debt in 2024. The policy rate averaged 4.50 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.
Data quality
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
We have no accounts for 2017, the sector's weakest year, for this company.
The sector's weakest year was 2017, with a median operating margin of −65.6%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 96 | weight 30% |
|---|---|---|
| Solidity | 76 | weight 25% |
| Liquidity | 63 | weight 15% |
| Growth | 95 | weight 15% |
| Consistency | 85 | weight 15% |
Durability: 70 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is JAGTECH AS?
The operating margin was 49.0% in 2024, against a median of 2.2% among small companies in the same sector. Return on assets was 61.1%.
How solid is JAGTECH AS?
The equity ratio was 77.1% in 2024 (median 38.4%). Debt-to-equity was 0.30 (median 0.97).
What is the liquidity of JAGTECH AS like?
The current ratio was 2.35 in 2024 (median 1.68).
How does JAGTECH AS compare in Handel?
JAGTECH AS ranks 678 of 37,180 in Handel for 2024. Among companies of the same size (small companies) it ranks 630 of 34,894. Revenue changed by 206.3% from the year before.
Group accounts
The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.
Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 921962711
- Legal form
- AS · part of a group
- Sector
- Handel (46.640)
- Size tier
- small
- Employees
- 7 registered 10 May 2026
- Founded
- 3 December 2018 7 years in operation
- Share capital
- 0.13 MNOK
- Business address
- Grønørveien 19, 7300 ORKANGER (ORKLAND)
- Municipality
- Orkland rank 21–36 of 38 in KOSTRA group 7
- Latest accounts filed
- 2025
- Website
- www.jagtech.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
- Chief executive
- Jan Egil Pallin
- Chair of the board
- David Lysne
- Board member
- Bjørn Margido Wiggen
- Board member
- Geir Olav Ånesbug
- Deputy member
- Per Kirkaune
- Deputy member
- Ingvar Katmo
- Auditor
- ERNST & YOUNG AS
- Accountant
- TRONDHEIM REGNSKAPSKONTOR 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?
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 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 55 | 84 | 67 | |
| Rank | 14,244 | 678 | 6,815 | |
| Operating margin | 23.7% | 49.0% | 47.1% | |
| Return on assets | 15.6% | 61.1% | 33.6% | |
| Equity ratio | 43.8% | 77.1% | 68.2% | |
| Current ratio | 0.87 | 2.35 | 1.90 | |
| Revenue growth | – | 206.3% | −14.2% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 14.3 MNOK | 43.8 MNOK | 37.6 MNOK |
| Operating profit | 3.4 MNOK | 21.5 MNOK | 17.7 MNOK |
| Profit before tax | 3.2 MNOK | 21.6 MNOK | 16.9 MNOK |
| Net profit | 3.2 MNOK | 18.4 MNOK | 13.2 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 20.2 MNOK | 35.3 MNOK | 50.4 MNOK |
| Current assets | 9.8 MNOK | 18.8 MNOK | 30.4 MNOK |
| Equity | 8.9 MNOK | 27.2 MNOK | 34.4 MNOK |
| Retained earnings | 3.2 MNOK | 21.5 MNOK | 28.7 MNOK |
| Total liabilities | 11.4 MNOK | 8.1 MNOK | 16.0 MNOK |
| Current liabilities | 11.4 MNOK | 8.0 MNOK | 16.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5583343.
Further
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