Pacertool AS
Not financial advice. The index, rank, signals and advice are rule-based indications from the latest filed annual accounts. They are not a credit rating, an assessment of management or a recommendation to buy, sell or do business with the company. Read more
Key facts
Is the company run well?
Five key figures against companies in the same sector. Green is better than most, amber about like the industry and red weaker than most.
- Returns · return on assets −276.9% Weaker than the industry Industry: 13.8%
- Solidity · equity ratio −69.6% Weaker than the industry Industry: 39.8%
- Liquidity · current ratio 21.04 Better than the industry Industry: 1.60
The mark comes from the company's place among comparable companies (percentile): green from 60, amber from 40, red below 40. Negative equity, an operating loss and a current ratio under 1 pull it down regardless. Methodology
Score · fiscal year 2025
Not enough data: Revenue not reported
Based on the annual accounts for 2025
How it has gone · 2023–2025
Revenue fell by 99 % from 2023 to 2024, to 0.1 MNOK. The operating margin fell from −253.8% in 2023 to −8,027.7% in 2024. The equity ratio fell from −17.9% in 2023 to −69.6% in 2025.
Amounts in the reporting currency. The full year-by-year table is further down under «Details». See every figure year by year
Accounts in short
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 12.6 MNOK | 0.1 MNOK | – |
| Operating profit | −31.9 MNOK | −6.0 MNOK | −2.0 MNOK |
| Net profit | −34.1 MNOK | −6.4 MNOK | −2.1 MNOK |
| Total assets | 9.6 MNOK | 1.1 MNOK | 0.7 MNOK |
| Equity | −1.7 MNOK | −0.6 MNOK | −0.5 MNOK |
| Total liabilities | 11.3 MNOK | 1.7 MNOK | 1.2 MNOK |
From the Brønnøysund Register Centre, in the company's reporting currency (NOK). See every figure year by year
From the Central Coordinating Register
- Org. no.
- 923190201
- Legal form
- AS
- Sector
- Teknisk tjenesteyting og forskning (71.129)
- Purpose
- Å utvikle, markedsføre og selge medisinsk teknologi.
- Employees
- 0–4 (not registered) Payroll costs in the accounts: 0.0 MNOK (2025).
- Founded
- 22 July 2019 7 years in operation
- Share capital
- 2.51 MNOK
- Business address
- Gaustadalléen 21, 0349 OSLO
- Municipality
- Oslo rank 63–220 of 357 in Norway
- Audit
- Audit opted out from 21 November 2025
- Latest accounts filed
- 2025
- VAT registered
- Yes
- Website
- www.pacertool.com
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
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 −69.6% (median 39.8%).
- critical
The operating result does not cover the financial costs. How will the debt be serviced, and what do the lenders say?
Based on: Interest coverage (times) −13.5 (median 13.7); Financial costs as a share of debt 12.2% (median 0.7%).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin – (median 6.9%).
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
- watch Revenue not reported
- critical Negative equity
Scenario analysis: the sector's weakest year
We have no accounts for 2021, the sector's weakest year, for this company.
The sector's weakest year was 2021, with a median operating margin of −0.2%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating margin | – | 6.9% |
| Profit margin | – | 6.9% |
| Return on assets | −276.9% | 13.8% |
| Equity ratio | −69.6% | 39.8% |
| Debt-to-equity | – | 1.23 |
| Current ratio | 21.04 | 1.60 |
| Revenue growth | – | 7.5% |
The median and “ahead of” refer to companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
Score over time
Score over time needs at least two fiscal years with a score. It will appear when next year's figures are fetched or history is imported.
Working capital and debt
| Measure | Company | Median | |
|---|---|---|---|
| Working capital | |||
| Receivable days All current receivables, including those on group companies, in days of revenue. |
– | 51 days | |
| Inventory and other current assets, days Current assets other than receivables and bank deposits, that is inventory and short-term investments, in days of revenue. |
– | 0 days | |
| Net working capital to revenue Current assets less bank deposits less current liabilities, divided by revenue. Negative: short-term debt funds the operations. |
– | −6.2% | |
| Cash share of current assets How much of the short-term buffer is bank deposits and cash. |
96.8% | 51.6% | |
| Debt and interest burden | |||
| Interest coverage (times) Operating result divided by all financial costs. Below 1: operations do not cover the cost of the debt. |
−13.5 | 13.7 | |
| Financial costs as a share of debt All financial costs (interest, currency losses and other) divided by all debt, interest-free debt included. Not an interest rate. |
12.2% | 0.7% | |
| Long-term share of debt Long-term debt as a share of all debt. A low share means more falls due within a year. |
97.2% | 4.6% | |
The operating result is negative, so the interest coverage is negative: operations cover none of the financial costs.
Net working capital (current assets less bank deposits less current liabilities): 0.0 MNOK.
Of the financial costs of 0.1 MNOK, 0.1 MNOK is reported as interest costs in the accounts.
The median and the bar refer to companies in the same sector in 2025. The bar shows the share of the group with a lower figure: higher is not always better, long receivable days tie up capital, for example. These figures do not count in the score.
Returns, debt against earnings and quality
The accounts for 2025 lack the figures needed.
The industry or the company: what drove the result?
In 2024 the operating margin of Pacertool AS fell by 7,773.9 percentage points. Comparable companies rose by a median 2.5 points. So the company did 7,776.5 points weaker than the industry, for reasons of its own.
| Year | The company | Comparable (median) | Change, company | Change, industry | The company's own |
|---|---|---|---|---|---|
| 2024 | −8,027.7% | 8.0% | −7,773.9 percentage points | +2.5 percentage points | −7,776.5 percentage points |
Comparable companies are those in the same industry and Morning company class. Their change shows what hit the whole industry, the sector drivers below included. The rest is the company's own: contracts, costs, one-off items or operations. The share is approximate, and we claim no cause.
The company and its sector's drivers
Prices, rate and currency that shape the sector's year, year by year beside the operating margin of Pacertool AS. The figures stand side by side; we claim no cause.
Turnover index: architectural and engineering activities (indeks (2021 = 100))
Turnover index: architectural and engineering activities rose 14.5% in 2024; the operating margin of Pacertool AS fell 7,773.9 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Turnover index: architectural and engineering activities, annual average | 99.0 | 108.8 | 127.9 | 146.4 | 158.3 | 155.2 (so far) |
| Change from the year before | +9.8% | +9.9% | +17.5% | +14.5% | +8.1% | −1.9% |
| The company's operating margin | – | – | −253.8% | −8,027.7% | – | – |
Source: SSB (13863, CC BY 4.0). Source
Turnover index: advertising and market research (indeks (2021 = 100))
Turnover index: advertising and market research fell 1.3% in 2024; the operating margin of Pacertool AS fell 7,773.9 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Turnover index: advertising and market research, annual average | 99.4 | 113.5 | 108.3 | 106.9 | 110.7 | 126.1 (so far) |
| Change from the year before | +35.1% | +14.2% | −4.6% | −1.3% | +3.6% | +13.9% |
| The company's operating margin | – | – | −253.8% | −8,027.7% | – | – |
Source: SSB (13863, CC BY 4.0). Source
Turnover index: other professional and technical activities (indeks (2021 = 100))
Turnover index: other professional and technical activities fell 6.0% in 2024; the operating margin of Pacertool AS fell 7,773.9 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Turnover index: other professional and technical activities, annual average | 98.3 | 121.6 | 139.4 | 131.0 | 139.1 | 158.0 (so far) |
| Change from the year before | +29.9% | +23.7% | +14.6% | −6.0% | +6.2% | +13.6% |
| The company's operating margin | – | – | −253.8% | −8,027.7% | – | – |
Source: SSB (13863, CC BY 4.0). Source
Service prices: architects and engineering (indeks (2021 = 100))
Service prices: architects and engineering rose 3.4% in 2024; the operating margin of Pacertool AS fell 7,773.9 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Service prices: architects and engineering, annual average | 100.0 | 103.6 | 107.5 | 111.2 | 114.7 | 119.4 (so far) |
| Change from the year before | +1.2% | +3.5% | +3.8% | +3.4% | +3.2% | +4.2% |
| The company's operating margin | – | – | −253.8% | −8,027.7% | – | – |
Source: SSB (14335, CC BY 4.0). Source
Oil price (export price of crude oil) (kr per fat)
Oil price (export price of crude oil) fell 2.0% in 2024; the operating margin of Pacertool AS fell 7,773.9 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Oil price (export price of crude oil), annual average | 609 | 979 | 877 | 859 | 708 | 881 (so far) |
| Change from the year before | +61.1% | +60.8% | −10.5% | −2.0% | −17.6% | +24.5% |
| The company's operating margin | – | – | −253.8% | −8,027.7% | – | – |
Source: SSB (08799, CC BY 4.0). Source
Policy rate (prosent)
Policy rate rose 0.96 percentage points in 2024; the operating margin of Pacertool AS fell 7,773.9 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Policy rate, annual average | 0.08 | 1.32 | 3.54 | 4.50 | 4.30 | 4.17 (so far) |
| Change from the year before | −0.28 percentage points | +1.24 percentage points | +2.22 percentage points | +0.96 percentage points | −0.20 percentage points | −0.12 percentage points |
| The company's operating margin | – | – | −253.8% | −8,027.7% | – | – |
Source: Norges Bank (IR, NLOD 2.0). Source
EUR/NOK (kr)
EUR/NOK rose 1.8% in 2024; the operating margin of Pacertool AS fell 7,773.9 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| EUR/NOK, annual average | 10.16 | 10.10 | 11.42 | 11.62 | 11.72 | 11.04 (so far) |
| Change from the year before | −5.2% | −0.6% | +13.1% | +1.8% | +0.8% | −5.8% |
| The company's operating margin | – | – | −253.8% | −8,027.7% | – | – |
Source: Norges Bank (EXR, NLOD 2.0). Source
Wage index: architects and engineering (indeks)
Wage index: architects and engineering rose 5.2% in 2024; the operating margin of Pacertool AS fell 7,773.9 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Wage index: architects and engineering, annual average | 90.5 | 90.9 | 96.0 | 100.9 | 105.6 | 109.2 (so far) |
| Change from the year before | +7.4% | +0.5% | +5.6% | +5.2% | +4.7% | +3.4% |
| The company's operating margin | – | – | −253.8% | −8,027.7% | – | – |
Source: SSB (12314, CC BY 4.0). Source
We show the drivers and the margin side by side and claim no cause. Sensitivity per company is not computed until we have at least 10 years of accounts per company: with three years such figures are false precision.
What the numbers say
Pacertool AS had an equity ratio of −69.6% in 2025. The company is not ranked: revenue not reported.
From 2024 to 2025: the equity ratio fell from −61.3% to −69.6%.
This text is generated automatically from the 2025 accounts.
Three simple methods
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 14.9 | not meaningful |
| EV/EBIT | 14.3 | not meaningful |
| P/B | 2.3 | not meaningful |
The multiples are from the listed industry that matches the NACE code (71.1): Engineering/Construction.
Not financial advice. The value range is a rough model estimate from listed-company multiples, not a valuation, a price target or a price offer. The actual value may differ greatly. Read more
A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. See the calculation
Figures you will not find in any register
We calculated these figures ourselves from the accounts and registers we have read. The company has not reported them and the Brønnøysund Register Centre does not publish them. They are indications and are not part of the index. How we calculate
- Equity paid out or paid in
- Equity moved as the result implied in 2025.
Calculated as retained earnings at the start of the year + net result − retained earnings at the end of the year. What remains is dividends and group contributions, plus transfers to other items and corrections of earlier years. It is not a dividend figure. - Owners and leadership aged 60 or older
- One sign that a generation change may be coming.
- 9% of the shares held by persons are held by people aged 60 or older.
- The chair is 60 or older.
- 1 of 2 on the board are 60 or older.
Not financial advice. The index, rank, signals and advice are rule-based indications from the latest filed annual accounts. They are not a credit rating, an assessment of management or a recommendation to buy, sell or do business with the company. Read more
Questions and answers
How profitable is Pacertool AS?
The operating margin was – in 2025, against a median of 6.9% among companies in the same sector. Return on assets was −276.9%. The company made a loss before tax.
How solid is Pacertool AS?
The equity ratio was −69.6% in 2025 (median 39.8%). Equity is negative, so liabilities exceed assets.
What is the liquidity of Pacertool AS like?
The current ratio was 21.04 in 2025 (median 1.60).
Ownership and roles
Loading roles …
Source: Central Coordinating Register, fetched 3 November 2026. Only names are shown.
Shareholders (2025)
- Number of shareholders
- 17
- Largest owner
- 12.1% · top three 35.2%
- Split
- companies 39% · private persons 11% · foreign 1%
- Owners over 60
- 9% of the shares held by persons (median age 53)
- Portia AS · 24.1%
- P53 Invest AS · 23.3%
- Sarsia Seed Fond II AS · 22.9%
- OSLO UNIVERSITETSSYKEHUS HF · 2.1%
- Farvatn Venture AS · 1.5%
- Glitner Eiendom AS · 1.5%
- Aleap AS · 1.2%
- Amundstad Invest AS · 0.8%
- Velliveien 25 AS · 0.7%
- Porvenir AS · 0.6%
- 6 private persons · 10.5%
The company is new in the shareholder register in 2025.
The owners' shares do not add up to the company's total number of shares in the source.
Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.
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.
Is this your company? Suggest changes or add information
Figures last fetched 9 November 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 6 | – | – | |
| Rank | 8,768 | – | – | |
| Operating margin | −253.8% | −8,027.7% | – | |
| Return on assets | −329.3% | −560.9% | −276.9% | |
| Equity ratio | −17.9% | −61.3% | −69.6% | |
| Current ratio | 1.79 | 1.55 | 21.04 | |
| Revenue growth | – | −99.4% | – |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 12.6 MNOK | 0.1 MNOK | – |
| Operating profit | −31.9 MNOK | −6.0 MNOK | −2.0 MNOK |
| Profit before tax | −34.1 MNOK | −6.4 MNOK | −2.1 MNOK |
| Tax expense | – | 0.0 MNOK | 0.0 MNOK |
| Net profit | −34.1 MNOK | −6.4 MNOK | −2.1 MNOK |
| Financial expenses | 2.5 MNOK | 0.4 MNOK | 0.1 MNOK |
| Total assets | 9.6 MNOK | 1.1 MNOK | 0.7 MNOK |
| Current assets | 9.4 MNOK | 1.1 MNOK | 0.7 MNOK |
| Equity | −1.7 MNOK | −0.6 MNOK | −0.5 MNOK |
| Retained earnings | −1.8 MNOK | −0.8 MNOK | −2.9 MNOK |
| Total liabilities | 11.3 MNOK | 1.7 MNOK | 1.2 MNOK |
| Current liabilities | 5.2 MNOK | 0.7 MNOK | 0.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 9 November 2026, accounts id 6846616.