Katode AS

Org. no. 928542610 · Lillestrøm · Founded 2021 · 5 employees

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

Score · fiscal year 2024

20of 100

How to read this: the company is ahead of 8 % of companies in the Morning class Micro in the same sector in 2024. What does this mean?

Rank in the Morning class Micro: 1,968 of 2,140 · What are Morning company classes?
Place in the whole sector: 3,965 of 4,239 · Informasjon og kommunikasjon

Profile

Beaver · Builder

Lower profitability, lower resilience

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 16 and resilience 7 out of 100 among companies in the Morning class Micro in the same sector in 2024. Methodology

Against the sector

Katode AS is 30 points below the median for companies in the Morning class Micro in the same sector in 2024.

Median score 50 among 2,140 companies.

Against companies in the Morning class Micro in the same sector in 2024: operating margin −10.6% (median 4.1%) and equity ratio −13.3% (median 39.0%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 8 November 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue2 MNOK3 MNOK
Operating margin −10.6% 4.1% 22 %
Profit margin −10.6% 4.0% shown, not part of the index
Return on assets −50.5% 7.9% 10 %
Equity ratio −13.3% 39.0% 12 %
Debt-to-equity – 1.12 not compared
Current ratio 0.88 1.52 21 %
Revenue growth 20.3% 7.5% 64 %
Revenue per employee0.40 MNOK0.71 MNOK

The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 20, Katode AS does better than 8% of companies in the Morning class Micro in the same sector (2,140 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Katode AS
  • Median: companies in the Morning class Micro in the same sector
Analysis · 2024

What the numbers say

Katode AS had an operating margin of −10.6% and an equity ratio of −13.3% in 2024, and ranks 3,965 of 4,239 in Informasjon og kommunikasjon.

From 2023 to 2024: the equity ratio fell from 36.9% to −13.3% and the operating margin fell from −0.4% to −10.6%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

MethodInputMultipleListed basisEstimate
P/E Net profit (mean 2023–2024): −0.1 MNOK 18.0 – not meaningful
EV/EBIT Operating profit (mean 2023–2024): −0.1 MNOK 14.9 – not meaningful
P/B Equity: −0.1 MNOK 3.6 – not meaningful

The multiples are from the listed industry that matches the NACE code (62): 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

Indications · 2024

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 −13.3% (median 39.0%).

  • watch

    Consider strengthening liquidity: current liabilities are 1.1 times current assets.

    Based on: Current ratio 0.88 (median 1.52).

  • watch

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

    Based on: Profit margin −10.6% (median 4.0%).

  • 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 −10.6% (median 4.1%).

  • 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 20.3% (median 7.5%); Current ratio 0.88 (median 1.52).

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

Financial costs were 0.5% of the debt in 2024. The policy rate averaged 4.50 % 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 · 2024

What the score is made of

Profitability16 weight 40%
Solidity0 weight 20%
Liquidity21 weight 5%
Growth44 weight 25%
Consistency13 weight 10%

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

Durability: 30 (average over 2 years)

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

2024

Questions and answers

How profitable is Katode AS?

The operating margin was −10.6% in 2024, against a median of 4.1% among companies in the Morning class Micro in the same sector. Return on assets was −50.5%. The company made a loss before tax.

How solid is Katode AS?

The equity ratio was −13.3% in 2024 (median 39.0%). Equity is negative, so liabilities exceed assets.

What is the liquidity of Katode AS like?

The current ratio was 0.88 in 2024 (median 1.52). Current assets did not cover current liabilities.

How does Katode AS compare in Informasjon og kommunikasjon?

Katode AS ranks 3,965 of 4,239 in Informasjon og kommunikasjon for 2024. Among companies in the Morning class Micro it is number 1,968 of 2,140. Revenue changed by 20.3% from the year before.

From the Central Coordinating Register

Org. no.
928542610
Legal form
AS
Sector
Informasjon og kommunikasjon (62.100)
Morning company class
Micro
Employees
5 registered 10 May 2026
Founded
17 December 2021 4 years in operation
Share capital
0.03 MNOK
Business address
Fetveien 2242, 1910 ENEBAKKNESET (LILLESTRØM)
Municipality
Lillestrøm rank 7 of 11 in KOSTRA group 12
Audit
Audit opted out from 17 January 2022
Latest accounts filed
2025
The company's business municipality, Lillestrøm. 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

Ownership and roles

Loading roles …

Source: Central Coordinating Register, fetched 1 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
0%
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 8 November 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index412046
Rank2,6553,9652,549
Operating margin−0.4%−10.6%2.4%
Return on assets−1.1%−50.5%11.5%
Equity ratio36.9%−13.3%2.4%
Current ratio1.580.881.02
Revenue growth–20.3%52.3%

Accounts

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

Key figure202320242025
Operating revenue1.7 MNOK2.0 MNOK3.0 MNOK
Operating profit0.0 MNOK−0.2 MNOK0.1 MNOK
Profit before tax0.0 MNOK−0.2 MNOK0.1 MNOK
Tax expense0.0 MNOK0.0 MNOK0.0 MNOK
Net profit0.0 MNOK−0.2 MNOK0.1 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets0.4 MNOK0.4 MNOK0.7 MNOK
Current assets0.4 MNOK0.4 MNOK0.7 MNOK
Equity0.2 MNOK−0.1 MNOK0.0 MNOK
Retained earnings0.1 MNOK−0.1 MNOK0.0 MNOK
Total liabilities0.3 MNOK0.5 MNOK0.6 MNOK
Current liabilities0.3 MNOK0.5 MNOK0.6 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 8 November 2026, accounts id 5981835.