Simien AS

Org. no. 924293462 · Bærum · Founded 2019 · 12 employees

Score · fiscal year 2023

48of 100

How to read this: the company is ahead of 46 % of companies in the Morning class Small in the same sector in 2023. What does this mean?

Rank in the Morning class Small: 651 of 1,214 · What are Morning company classes?
Place in the whole sector: 1,959 of 3,757 · Teknisk tjenesteyting og forskning

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 25 and solidity 93 out of 100 among companies in the Morning class Small in the same sector in 2023. Methodology

Against the sector

Simien AS is 2 points below the median for companies in the Morning class Small in the same sector in 2023.

Median score 50 among 1,214 companies.

Against companies in the Morning class Small in the same sector in 2023: operating margin 0.3% (median 5.0%) and equity ratio 68.3% (median 34.4%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 5 November 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue16 MNOK20 MNOK
Operating margin 0.3% 5.0% 27 %
Profit margin −0.3% 4.9% shown, not part of the index
Return on assets 0.5% 12.5% 23 %
Equity ratio 68.3% 34.4% 93 %
Debt-to-equity 0.46 1.77 92 %
Current ratio 1.44 1.42 52 %
Revenue growth – 15.8% not compared
Revenue per employee1.31 MNOK1.44 MNOK

The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 48, Simien AS does better than 46% of companies in the Morning class Small in the same sector (1,214 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Simien AS
  • Median: companies in the Morning class Small in the same sector
Analysis · 2023

What the numbers say

Simien AS had an operating margin of 0.3% and an equity ratio of 68.3% in 2023, and ranks 1,959 of 3,757 in Teknisk tjenesteyting og forskning.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 3 MNOK and 28 MNOK.

MethodInputMultipleListed basisEstimate
P/E Net profit: 0.4 MNOK 18.6 7 MNOK 3 MNOK
EV/EBIT Operating profit: 0.0 MNOK
minus net debt −5.5 MNOK
15.9 6 MNOK 3 MNOK
P/B Equity: 17.7 MNOK 3.2 57 MNOK 28 MNOK

The listed basis is the value at listed multiples. The estimate is lowered by 51% for an unlisted company: 20% for lack of marketability and 38% for size (a small-company premium of 4% on the cost of equity).

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

Indications · 2023

Worth a closer look

  • watch

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin −0.3% (median 4.9%).

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

Financial costs were 2.0% of the debt in 2023. The policy rate averaged 3.54 % 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 · 2021

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 8 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability25 weight 30%
Solidity93 weight 25%
Liquidity52 weight 15%
Growth– no data, left out
Consistency18 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2023

Questions and answers

How profitable is Simien AS?

The operating margin was 0.3% in 2023, against a median of 5.0% among companies in the Morning class Small in the same sector. Return on assets was 0.5%. The company made a loss before tax.

How solid is Simien AS?

The equity ratio was 68.3% in 2023 (median 34.4%). Debt-to-equity was 0.46 (median 1.77).

What is the liquidity of Simien AS like?

The current ratio was 1.44 in 2023 (median 1.42).

How does Simien AS compare in Teknisk tjenesteyting og forskning?

Simien AS ranks 1,959 of 3,757 in Teknisk tjenesteyting og forskning for 2023. Among companies in the Morning class Small it is number 651 of 1,214.

From the Central Coordinating Register

Org. no.
924293462
Legal form
AS
Sector
Teknisk tjenesteyting og forskning (71.129)
Morning company class
Small
Employees
12 registered 10 August 2026
Founded
25 November 2019 6 years in operation
Share capital
0.08 MNOK
Business address
Lysaker torg 2, 1366 LYSAKER (BÆRUM)
Municipality
Bærum rank 1 of 11 in KOSTRA group 12
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

Loading roles …

Source: Central Coordinating Register, fetched 1 November 2026. Only names are shown.

Shareholders (2025)

Number of shareholders
6
Largest owner
34.0% · top three 76.6%
Split
companies 100% · private persons 0% · foreign 0%
Owned from the same municipality
31%

The company is new in the shareholder register in 2025.

Holds shares in: Smarttune AS (33%)

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.

Report an issue

Figures last fetched 5 November 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index482843
Rank1,9593,2852,569
Operating margin0.3%−25.0%1.2%
Return on assets0.5%−12.2%1.0%
Equity ratio68.3%51.1%50.9%
Current ratio1.440.450.74
Revenue growth–−0.2%36.1%

Accounts

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

Key figure202320242025
Operating revenue15.7 MNOK15.7 MNOK21.3 MNOK
Operating profit0.0 MNOK−3.9 MNOK0.3 MNOK
Profit before tax0.0 MNOK−3.8 MNOK0.0 MNOK
Tax expense−0.4 MNOK−0.8 MNOK−0.4 MNOK
Net profit0.4 MNOK−2.9 MNOK0.4 MNOK
Financial expenses0.2 MNOK0.1 MNOK0.4 MNOK
Total assets26.0 MNOK30.2 MNOK39.2 MNOK
Current assets10.4 MNOK4.5 MNOK10.6 MNOK
Equity17.7 MNOK15.4 MNOK20.0 MNOK
Retained earnings0.4 MNOK–0.4 MNOK
Total liabilities8.2 MNOK14.7 MNOK19.2 MNOK
Current liabilities7.2 MNOK9.9 MNOK14.4 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 5 November 2026, accounts id 5115749.