Motiontech AS
Score · fiscal year 2023
46of 100
How to read this: the company is ahead of 46 % of companies in the Morning class Micro in the same sector in 2023. What does this mean?
Rank in the Morning class Micro: 1,185 of 2,185 · What are Morning company classes?
Place in the whole sector: 2,211 of 3,995 · Teknisk tjenesteyting og forskning
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 97 and solidity 11 out of 100 among companies in the Morning class Micro in the same sector in 2023. Methodology
Against the sector
Motiontech AS is 3 points below the median for companies in the Morning class Micro in the same sector in 2023.
Median score 49 among 2,184 companies.
Against companies in the Morning class Micro in the same sector in 2023: operating margin 58.7% (median 5.7%) and equity ratio 4.6% (median 39.6%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 7 MNOK | 3 MNOK |
| Operating margin | 58.7% | 5.7% |
| Profit margin | 60.3% | 5.5% |
| Return on assets | 85.3% | 11.1% |
| Equity ratio | 4.6% | 39.6% |
| Debt-to-equity | 20.57 | 1.21 |
| Current ratio | 1.05 | 1.57 |
| Revenue growth | – | 0.3% |
| Revenue per employee | 1.06 MNOK | 0.70 MNOK |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 46, Motiontech AS does better than 46% of companies in the Morning class Micro in the same sector (2,185 companies) in 2023.
Score 2023–2025
- Motiontech AS
- Median: companies in the Morning class Micro in the same sector
What the numbers say
Motiontech AS had an operating margin of 58.7% and an equity ratio of 4.6% in 2023, and ranks 2,211 of 3,995 in Teknisk tjenesteyting og forskning.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 0 MNOK and 37 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 18.6 | 32 MNOK |
| EV/EBIT | 15.9 | 37 MNOK |
| P/B | 3.2 | 0 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
Worth a closer look
- watch
The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?
Based on: Equity ratio 4.6% (median 39.6%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.7% 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.
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
What the score is made of
| Profitability | 97 | weight 30% |
|---|---|---|
| Solidity | 11 | weight 25% |
| Liquidity | 23 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 27 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is Motiontech AS?
The operating margin was 58.7% in 2023, against a median of 5.7% among companies in the Morning class Micro in the same sector. Return on assets was 85.3%.
How solid is Motiontech AS?
The equity ratio was 4.6% in 2023 (median 39.6%). Debt-to-equity was 20.57 (median 1.21).
What is the liquidity of Motiontech AS like?
The current ratio was 1.05 in 2023 (median 1.57).
How does Motiontech AS compare in Teknisk tjenesteyting og forskning?
Motiontech AS ranks 2,211 of 3,995 in Teknisk tjenesteyting og forskning for 2023. Among companies in the Morning class Micro it is number 1,185 of 2,185.
Group structure · 2025
157 companies in the group according to the shareholder register for 2025. A company counts as a subsidiary when a Norwegian company owns more than half of its shares.
No owner holds more than half of the shares in Snowball Software Group AS.
Snowball Software Group AS has not filed group accounts in open data, so the group has no index of its own. Each company has its own accounts.
-
Snowball Software Group AS
-
SH Int AS
-
Saas Holding AS
- Motiontech AS you are here
- Baze Technology AS
- Norbits AS
- Fdvhuset AS
- Roqc Data Management AS
- Unisoft AS
- Marketplace AS
-
Nytt Foretak AS
- 24 Vaskeri AS
- Org. no. 834028352
- Org. no. 835705242
- Org. no. 926091174
- Org. no. 928339769
- Org. no. 934052293
- Org. no. 934835638
- Org. no. 934835689
- Org. no. 934835719
- Org. no. 934835735
- Org. no. 935039169
- Org. no. 935112915
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- Org. no. 935813603
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- and 110 more companies
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- and 6 more companies
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-
-
The tree shows up to 4 levels below the top. Large groups have more companies than shown.
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.
Source: the Norwegian Tax Administration's shareholder register 2025 (majority owner with more than 50 % of the shares). Voting agreements and ownership through other countries are not included.
From the Central Coordinating Register
- Org. no.
- 925378666
- Legal form
- AS
- Sector
- Teknisk tjenesteyting og forskning (71.129)
- Morning company class
- Micro
- Employees
- 7 registered 10 July 2026
- Founded
- 13 July 2020 6 years in operation
- Share capital
- 0.03 MNOK
- Business address
- c/o Eivind Klevmoen Døvik, Formannsgata 15, 4810 EYDEHAVN (ARENDAL)
- Municipality
- Arendal rank 5–10 of 10 in KOSTRA group 11
- Latest accounts filed
- 2025
- Website
- www.motiontech.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 1 November 2026. Only names are shown.
Shareholders (2025)
- Number of shareholders
- 2 (one owner holds more than half)
- Largest owner
- 80.0%
- Split
- companies 100% · private persons 0% · foreign 0%
- Owned from the same municipality
- 0%
- Group chain
-
Owned by: Saas Holding AS (80%)
Ultimate owner: Snowball Software Group AS
- Saas Holding AS · 80.0%
- Tørdal Holding AS · 20.0%
The company is new in the shareholder register in 2025.
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.
Figures last fetched 7 November 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 46 | 83 | 83 | |
| Rank | 2,211 | 85 | 81 | |
| Operating margin | 58.7% | 60.2% | 51.1% | |
| Return on assets | 85.3% | 87.4% | 91.5% | |
| Equity ratio | 4.6% | 71.3% | 70.2% | |
| Current ratio | 1.05 | 3.49 | 3.35 | |
| Revenue growth | – | 12.3% | 18.6% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 7.5 MNOK | 8.4 MNOK | 9.9 MNOK |
| Operating profit | 4.4 MNOK | 5.0 MNOK | 5.1 MNOK |
| Profit before tax | 4.5 MNOK | 5.2 MNOK | 5.0 MNOK |
| Tax expense | 1.0 MNOK | 1.1 MNOK | 1.1 MNOK |
| Net profit | 3.5 MNOK | 4.0 MNOK | 3.9 MNOK |
| Financial expenses | 0.0 MNOK | 0.1 MNOK | 0.2 MNOK |
| Total assets | 5.3 MNOK | 6.0 MNOK | 5.7 MNOK |
| Current assets | 5.3 MNOK | 6.0 MNOK | 5.7 MNOK |
| Equity | 0.2 MNOK | 4.3 MNOK | 4.0 MNOK |
| Retained earnings | 0.2 MNOK | 4.2 MNOK | 4.0 MNOK |
| Total liabilities | 5.1 MNOK | 1.7 MNOK | 1.7 MNOK |
| Current liabilities | 5.1 MNOK | 1.7 MNOK | 1.7 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 7 November 2026, accounts id 4740965.
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