PROPELL.AI AS

Org. no. 925390186 · Bærum · Founded 2020

Score · fiscal year 2023

23of 100

How to read this: the company is ahead of 14 % of companies in the Morning class Small in the same sector in 2023. What does this mean?

Rank in the Morning class Small: 5,828 of 6,803 · What are Morning company classes?
Place in the whole sector: 17,893 of 21,088 · Handel

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 40 and solidity 0 out of 100 among companies in the Morning class Small in the same sector in 2023. Methodology

Against the sector

PROPELL.AI AS is 27 points below the median for companies in the Morning class Small in the same sector in 2023.

Median score 50 among 6,803 companies.

Against companies in the Morning class Small in the same sector in 2023: operating margin 2.6% (median 3.2%) and equity ratio −63.6% (median 36.1%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue31 MNOK20 MNOK
Operating margin 2.6% 3.2% 45 %
Profit margin 2.0% 2.9% shown, not part of the index
Return on assets 4.6% 9.3% 35 %
Equity ratio −63.6% 36.1% 1 %
Debt-to-equity – 1.55 not compared
Current ratio 1.72 1.71 50 %
Revenue growth – 4.2% not compared

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 23, PROPELL.AI AS does better than 14% of companies in the Morning class Small in the same sector (6,803 companies) in 2023.

Over time

Score 2023–2025

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

What the numbers say

PROPELL.AI AS had an operating margin of 2.6% and an equity ratio of −63.6% in 2023, and ranks 17,893 of 21,088 in Handel.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

One method gives a figure: 6 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.6 MNOK 10.0 6 MNOK
EV/EBIT Operating profit: 0.8 MNOK
minus net debt 23.7 MNOK
8.0 debt above value
P/B Equity: −13.2 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 · 2023

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 −63.6% (median 36.1%).

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

Financial costs were 0.9% 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

  • 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 · 2023

What the score is made of

Profitability40 weight 30%
Solidity0 weight 25%
Liquidity50 weight 15%
Growth– no data, left out
Consistency2 weight 15%

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

2023

Questions and answers

How profitable is PROPELL.AI AS?

The operating margin was 2.6% in 2023, against a median of 3.2% among companies in the Morning class Small in the same sector. Return on assets was 4.6%.

How solid is PROPELL.AI AS?

The equity ratio was −63.6% in 2023 (median 36.1%). Equity is negative, so liabilities exceed assets.

What is the liquidity of PROPELL.AI AS like?

The current ratio was 1.72 in 2023 (median 1.71).

How does PROPELL.AI AS compare in Handel?

PROPELL.AI AS ranks 17,893 of 21,088 in Handel for 2023. Among companies in the Morning class Small it is number 5,828 of 6,803.

From the Central Coordinating Register

Org. no.
925390186
Legal form
AS
Sector
Handel (46.500)
Morning company class
Small
Employees
0–4 (not registered)
Founded
3 July 2020 6 years in operation
Share capital
0.03 MNOK
Business address
Rolfsbuktveien 4D, 1364 FORNEBU (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 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.

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index232028
Rank17,89320,21919,321
Operating margin2.6%−7.4%0.9%
Return on assets4.6%−21.9%5.5%
Equity ratio−63.6%−161.5%−213.9%
Current ratio1.725.024.08
Revenue growth–−6.8%−6.0%

Accounts

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

Key figure202320242025
Operating revenue31.1 MNOK29.0 MNOK27.2 MNOK
Operating profit0.8 MNOK−2.2 MNOK0.2 MNOK
Profit before tax0.6 MNOK−2.1 MNOK0.3 MNOK
Net profit0.6 MNOK−2.1 MNOK0.3 MNOK
Financial expenses0.3 MNOK0.1 MNOK0.1 MNOK
Total assets20.7 MNOK9.5 MNOK7.0 MNOK
Current assets16.5 MNOK5.2 MNOK3.2 MNOK
Equity−13.2 MNOK−15.3 MNOK−15.1 MNOK
Retained earnings−13.2 MNOK−15.4 MNOK−15.1 MNOK
Total liabilities33.9 MNOK24.8 MNOK22.1 MNOK
Current liabilities9.6 MNOK1.0 MNOK0.8 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5218157.