Green Power Computing AS

Org. no. 926705423 · Oslo · 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

Employees – Not registered in the Central Coordinating Register
Operating revenue · 2025 2.6 MNOK Micro
Net profit · 2025 −1.3 MNOK
Equity · 2025 −2.9 MNOK
Founded 2021 5 years in operation
Quick check · fiscal year 2025

Is the company run well?

Five key figures against companies in the Morning class Micro in the same sector. Green is better than most, amber about like the industry and red weaker than most.

  • Profitability · operating margin −51.9% Weaker than the industry Industry: 6.6%
  • Returns · return on assets −10.7% Weaker than the industry Industry: 13.1%
  • Solidity · equity ratio −23.6% Weaker than the industry Industry: 39.5%
  • Liquidity · current ratio 0.73 Weaker than the industry Industry: 1.54
  • Growth · revenue growth 4,200.4% Better than the industry Industry: 6.5%

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

35of 100

How to read this: the company is ahead of 23 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?

Rank in the Morning class Micro: 3,726 of 4,818 · What are Morning company classes?
Place in the whole sector: 5,743 of 7,318 · Informasjon og kommunikasjon

Profile

Beaver · Builder

Lower profitability, lower resilience

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 13 and resilience 14 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology

Against the sector

Green Power Computing AS is 16 points below the median for companies in the Morning class Micro in the same sector in 2025.

Median score 51 among 4,812 companies.

Against companies in the Morning class Micro in the same sector in 2025: operating margin −51.9% (median 6.6%) and equity ratio −23.6% (median 39.5%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 9 November 2026Report an issue
Development

How it has gone · 2023–2025

Revenue rose by 4,200 % from 2024 to 2025, to 2.6 MNOK. The operating margin rose from −2,289.0% in 2024 to −51.9% in 2025. The equity ratio rose from −2,688.7% in 2023 to −23.6% in 2025.

Score · 2025 35
Operating revenue · 2025 2.6 MNOK +4,200% since 2024 (better)
Net profit · 2025 −1.3 MNOK from −0.1 MNOK in 2023 (weaker)
Operating margin · 2025 −51.9% +2,237.0 pp since 2024 (better)
Equity ratio · 2025 −23.6% +2,665.1 pp since 2023 (better)
Current ratio · 2025 0.73 +0.69 since 2023 (better)

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 figure202320242025
Operating revenue–0.1 MNOK2.6 MNOK
Operating profit−0.1 MNOK−1.4 MNOK−1.3 MNOK
Net profit−0.1 MNOK−1.4 MNOK−1.3 MNOK
Total assets0.0 MNOK0.1 MNOK12.5 MNOK
Equity−0.2 MNOK−1.6 MNOK−2.9 MNOK
Total liabilities0.2 MNOK1.7 MNOK15.4 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.
926705423
Legal form
AS
Sector
Informasjon og kommunikasjon (63.100)
Purpose
Drive med databehandling, datalagring og tilknyttede tjenester.
Morning company class
Micro
Employees
0–4 (not registered)
Founded
10 February 2021 5 years in operation
Share capital
0.03 MNOK
Business address
Henrik Ibsens gate 90, 0255 OSLO
Municipality
Oslo rank 63–220 of 357 in Norway
Audit
Audit opted out from 2 March 2021
Latest accounts filed
2025
VAT registered
Yes
Former names
Shelf Trondheim 3-20 AS until 2022
The company's business municipality, Oslo. The map shows the municipality, not the address. Map source: Kartverket (CC BY 4.0).

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

Summary analysis

Green Power Computing AS has a score of 35 for 2025, rank 5,743 of 7,318 in the sector.

Strongest: Growth: percentile 99 against peers, revenue growth 4,200.4% against a median of 6.5%.

Weakest: Solidity: percentile 0 against peers, equity ratio −23.6% against a median of 39.5%. Profitability: percentile 13 against peers, operating margin −51.9% against a median of 6.6%.

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Indications · 2025

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 −23.6% (median 39.5%).

  • watch

    Consider strengthening liquidity: current liabilities are 1.4 times current assets.

    Based on: Current ratio 0.73 (median 1.54).

  • watch

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

    Based on: Profit margin −52.1% (median 6.8%).

  • watch

    The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?

    Based on: Operating margin −51.9% (median 6.6%).

  • watch

    Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?

    Based on: Revenue growth 4,200.4% (median 6.5%); Current ratio 0.73 (median 1.54).

  • watch

    Receivables equal far more days of revenue than at comparable companies. Do customers pay late, or are these loans to companies in the same group?

    Based on: Receivable days 1,517 days (median 46 days).

  • watch

    Current liabilities exceed current assets other than bank deposits, and the current ratio is weak. Is it customer prepayments and supplier credit that fund the operations, or short-term loans that must be renewed?

    Based on: Net working capital to revenue −173.4% (median −9.3%); Current ratio 0.73 (median 1.54).

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

Financial costs were 0.1% 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

  • critical Negative equity
Stress test · 2026

Scenario analysis: the sector's weakest year

We have no accounts for 2026, the sector's weakest year, for this company.

The sector's weakest year was 2026, with a median operating margin of 4.1%. Based on the 8 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability13 weight 40%
Solidity0 weight 20%
Liquidity14 weight 5%
Growth99 weight 25%
Consistency41 weight 10%

Three goals: profitability 40%, growth 25%, resilience 35%. Why these weights?

Index version 3. Data completeness 100%: the share of the weights that had data.

Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue3 MNOK3 MNOK
Operating margin −51.9% 6.6% 7 %
Profit margin −52.1% 6.8% shown, not part of the index
Return on assets −10.7% 13.1% 19 %
Equity ratio −23.6% 39.5% 10 %
Debt-to-equity – 1.07 not compared
Current ratio 0.73 1.54 14 %
Revenue growth 4,200.4% 6.5% 99 %

The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 35, Green Power Computing AS does better than 23% of companies in the Morning class Micro in the same sector (4,818 companies) in 2025.

Over time

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 · 2025

Working capital and debt

Working capital and debt · 2025
MeasureCompanyMedianHigher than
Working capital
Receivable days
All current receivables, including those on group companies, in days of revenue.
1,517 days 46 days 99 %
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.
27 days 0 days 83 %
Net working capital to revenue
Current assets less bank deposits less current liabilities, divided by revenue. Negative: short-term debt funds the operations.
−173.4% −9.3% 2 %
Cash share of current assets
How much of the short-term buffer is bank deposits and cash.
2.9% 56.5% 5 %
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.
−137.6 9.1 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.
0.1% 0.8% 20 %
Long-term share of debt
Long-term debt as a share of all debt. A low share means more falls due within a year.
– 0.3% not compared

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): −4.5 MNOK.

Of the financial costs of 0.0 MNOK, 0.0 MNOK is reported as interest costs in the accounts.

The median and the bar refer to companies in the Morning class Micro 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.

The industry or the company: what drove the result?

In 2025 the operating margin of Green Power Computing AS rose by 2,237.0 percentage points. Comparable companies rose by a median 0.1 points. So the company did 2,236.9 points better than the industry, for reasons of its own.

The operating margin of Green Power Computing AS against comparable companies, year by year
YearThe companyComparable (median) Change, companyChange, industryThe company's own
2025−51.9%6.6% +2,237.0 percentage points +0.1 percentage points +2,236.9 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 Green Power Computing AS. The figures stand side by side; we claim no cause.

Service prices: information and communication (indeks (2021 = 100))

Service prices: information and communication rose 4.0% in 2025; the operating margin of Green Power Computing AS rose 2,237.0 percentage points.

Service prices: information and communication per year and the operating margin of Green Power Computing AS
Measure202120222023202420252026
Service prices: information and communication, annual average100.0103.3108.7112.2116.7120.0 (so far)
Change from the year before–+3.2%+5.3%+3.2%+4.0%+2.8%
The company's operating margin–––−2,289.0%−51.9%–

Source: SSB (14335, CC BY 4.0). Source

Turnover index: information and communication (indeks (2021 = 100))

Turnover index: information and communication rose 4.6% in 2025; the operating margin of Green Power Computing AS rose 2,237.0 percentage points.

Turnover index: information and communication per year and the operating margin of Green Power Computing AS
Measure202120222023202420252026
Turnover index: information and communication, annual average99.6111.4126.4128.3134.2141.3 (so far)
Change from the year before+14.7%+11.8%+13.5%+1.5%+4.6%+5.3%
The company's operating margin–––−2,289.0%−51.9%–

Source: SSB (13863, CC BY 4.0). Source

USD/NOK (kr)

USD/NOK fell 3.3% in 2025; the operating margin of Green Power Computing AS rose 2,237.0 percentage points.

USD/NOK per year and the operating margin of Green Power Computing AS
Measure202120222023202420252026
USD/NOK, annual average8.599.6110.5610.7510.399.54 (so far)
Change from the year before−8.8%+11.9%+9.9%+1.7%−3.3%−8.2%
The company's operating margin–––−2,289.0%−51.9%–

Source: Norges Bank (EXR, NLOD 2.0). Source

Policy rate (prosent)

Policy rate fell 0.20 percentage points in 2025; the operating margin of Green Power Computing AS rose 2,237.0 percentage points.

Policy rate per year and the operating margin of Green Power Computing AS
Measure202120222023202420252026
Policy rate, annual average0.081.323.544.504.304.17 (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–––−2,289.0%−51.9%–

Source: Norges Bank (IR, NLOD 2.0). Source

Consumer price index (indeks (2025 = 100))

Consumer price index rose 3.0% in 2025; the operating margin of Green Power Computing AS rose 2,237.0 percentage points.

Consumer price index per year and the operating margin of Green Power Computing AS
Measure202120222023202420252026
Consumer price index, annual average84.389.294.197.0100.0103.0 (so far)
Change from the year before+3.5%+5.8%+5.5%+3.2%+3.0%+3.0%
The company's operating margin–––−2,289.0%−51.9%–

Source: SSB (14710, CC BY 4.0). Source

Wage index: IT services (indeks)

Wage index: IT services rose 4.4% in 2025; the operating margin of Green Power Computing AS rose 2,237.0 percentage points.

Wage index: IT services per year and the operating margin of Green Power Computing AS
Measure202120222023202420252026
Wage index: IT services, annual average84.987.892.397.3101.5105.4 (so far)
Change from the year before+4.9%+3.5%+5.1%+5.4%+4.4%+3.8%
The company's operating margin–––−2,289.0%−51.9%–

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.

Analysis · 2025

What the numbers say

Green Power Computing AS had an operating margin of −51.9% and an equity ratio of −23.6% in 2025, and ranks 5,743 of 7,318 in Informasjon og kommunikasjon.

From 2024 to 2025: the operating margin rose from −2,289.0% to −51.9% and the equity ratio rose from −2,237.2% to −23.6%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

MethodInputMultipleListed basisEstimate
P/E Net profit (mean 2023–2025): −0.9 MNOK 18.0 – not meaningful
EV/EBIT Operating profit (mean 2023–2025): −0.9 MNOK 14.9 – not meaningful
P/B Equity: −2.9 MNOK 3.6 – not meaningful

The multiples are from the listed industry that matches the NACE code (63): Computer Services.

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

2025

Questions and answers

How profitable is Green Power Computing AS?

The operating margin was −51.9% in 2025, against a median of 6.6% among companies in the Morning class Micro in the same sector. Return on assets was −10.7%. The company made a loss before tax.

How solid is Green Power Computing AS?

The equity ratio was −23.6% in 2025 (median 39.5%). Equity is negative, so liabilities exceed assets.

What is the liquidity of Green Power Computing AS like?

The current ratio was 0.73 in 2025 (median 1.54). Current assets did not cover current liabilities.

How does Green Power Computing AS compare in Informasjon og kommunikasjon?

Green Power Computing AS ranks 5,743 of 7,318 in Informasjon og kommunikasjon for 2025. Among companies in the Morning class Micro it is number 3,726 of 4,818. Revenue changed by 4,200.4% from the year before.

2025

Competitors

The 8 closest competitors in the same line of business, placed in the same matrix as the sector page: profitability up, resilience to the right. These are the companies the competitor analysis and the strategy report compare with.

Psit Software AS: 74 / 72Global Tech Norway AS: 17 / 14Airport Innovation AS: 73 / 37Urban Logistikk AS: 41 / 15Serverdrift AS: 86 / 50Compute Insight AS: 67 / 65W-Tek Hosting AS: 35 / 34Green Power Computing AS: 13 / 14Ecofjord AS: 23 / 2400252550507575100100Resilience, percentile against peers →↑ Profitability, percentile against peers

CompanyProfileOperating revenueOperating marginScore
Psit Software AS Lion 6 MNOK 24.3% 69
Global Tech Norway AS · same municipality Beaver 5 MNOK −17.5% 14
Airport Innovation AS · same municipality Cheetah 5 MNOK 22.1% 52
Urban Logistikk AS Beaver 4 MNOK 3.9% 43
Serverdrift AS Cheetah 4 MNOK 33.7% 68
Compute Insight AS Lion 4 MNOK 18.1% 66
W-Tek Hosting AS Beaver 3 MNOK 1.1% 38
Green Power Computing AS (this company) Beaver 3 MNOK −51.9% 35
Ecofjord AS Beaver 3 MNOK −6.6% 28

The selection is the closest in revenue within the same industry code. When you order, you can swap competitors. Order competitor analysis

Ownership and roles

Loading roles …

Source: Central Coordinating Register, fetched 4 November 2026. Only names are shown.

Shareholders (2025)

Number of shareholders
1 (one owner)
Largest owner
100.0%
Split
companies 0% · private persons 100% · foreign 0%
Owned from the same municipality
100%
Group chain
Ultimate owner: private person

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?

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Figures last fetched 9 November 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index––35
Rank––5,743
Operating margin–−2,289.0%−51.9%
Return on assets−1,038.6%−1,932.6%−10.7%
Equity ratio−2,688.7%−2,237.2%−23.6%
Current ratio0.040.040.73
Revenue growth––4,200.4%

Accounts

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

Key figure202320242025
Operating revenue–0.1 MNOK2.6 MNOK
Operating profit−0.1 MNOK−1.4 MNOK−1.3 MNOK
Profit before tax−0.1 MNOK−1.4 MNOK−1.3 MNOK
Tax expense0.0 MNOK––
Net profit−0.1 MNOK−1.4 MNOK−1.3 MNOK
Financial expenses–0.0 MNOK0.0 MNOK
Total assets0.0 MNOK0.1 MNOK12.5 MNOK
Current assets0.0 MNOK0.1 MNOK11.2 MNOK
Equity−0.2 MNOK−1.6 MNOK−2.9 MNOK
Retained earnings−0.2 MNOK−1.6 MNOK−3.0 MNOK
Total liabilities0.2 MNOK1.7 MNOK15.4 MNOK
Current liabilities0.2 MNOK1.7 MNOK15.4 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 9 November 2026, accounts id 6771748.

News and announcements

From official sources: the Brønnøysund Register Centre, Oslo Børs NewsWeb and public agencies. We show the title, date and a link to the source. The link to a company, sector or municipality is automatic and may be wrong. Report a wrong link