Devity AS
Score · fiscal year 2025
67of 100
How to read this: the company is ahead of 85 % of companies in the Morning class Small in the same sector in 2025. What does this mean?
Rank in the Morning class Small: 132 of 904 · What are Morning company classes?
Place in the whole sector: 481 of 2,930 · Informasjon og kommunikasjon
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 72 and solidity 87 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology
Against the sector
Devity AS is 17 points above the median for companies in the Morning class Small in the same sector in 2025.
Median score 50 among 904 companies.
Against companies in the Morning class Small in the same sector in 2025: operating margin 7.5% (median 4.5%) and equity ratio 69.6% (median 34.0%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 22 MNOK | 24 MNOK |
| Operating margin | 7.5% | 4.5% |
| Profit margin | 16.9% | 4.8% |
| Return on assets | 30.1% | 8.6% |
| Equity ratio | 69.6% | 34.0% |
| Debt-to-equity | 0.44 | 1.67 |
| Current ratio | 2.97 | 1.32 |
| Revenue growth | −21.2% | 8.0% |
| Revenue per employee | 1.66 MNOK | 1.72 MNOK |
The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 67, Devity AS does better than 85% of companies in the Morning class Small in the same sector (904 companies) in 2025.
Score 2023–2025
- Devity AS
- Median: companies in the Morning class Small in the same sector
Devity AS has a score of 67 for 2025, rank 481 of 2,930 in the sector.
Strongest: Liquidity: percentile 89 against peers, current ratio 2.97 against a median of 1.32. Solidity: percentile 87 against peers, equity ratio 69.6% against a median of 34.0%.
Weakest: Growth: percentile 6 against peers, revenue growth −21.2% against a median of 8.0%.
Worth a closer look
- What lies behind weak growth, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
Devity AS had an operating margin of 7.5% and an equity ratio of 69.6% in 2025, and ranks 481 of 2,930 in Informasjon og kommunikasjon.
From 2024 to 2025: the operating margin fell from 20.0% to 7.5% and revenue fell by 21%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 9 MNOK and 33 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 33 MNOK |
| EV/EBIT | 8.0 | 17 MNOK |
| P/B | 1.0 | 9 MNOK |
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
Worth a closer look
No rules were triggered for this year.
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 3.2% 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
No anomalies found in the figures.
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 4.0%. 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 | 72 | weight 30% |
|---|---|---|
| Solidity | 87 | weight 25% |
| Liquidity | 89 | weight 15% |
| Growth | 6 | weight 15% |
| Consistency | 64 | weight 15% |
Durability: 61 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Devity AS?
The operating margin was 7.5% in 2025, against a median of 4.5% among companies in the Morning class Small in the same sector. Return on assets was 30.1%.
How solid is Devity AS?
The equity ratio was 69.6% in 2025 (median 34.0%). Debt-to-equity was 0.44 (median 1.67).
What is the liquidity of Devity AS like?
The current ratio was 2.97 in 2025 (median 1.32).
How does Devity AS compare in Informasjon og kommunikasjon?
Devity AS ranks 481 of 2,930 in Informasjon og kommunikasjon for 2025. Among companies in the Morning class Small it is number 132 of 904. Revenue changed by −21.2% from the year before.
From the Central Coordinating Register
- Org. no.
- 929162226
- Legal form
- AS
- Sector
- Informasjon og kommunikasjon (62.200)
- Morning company class
- Small
- Employees
- 13 registered 10 April 2026
- Founded
- 13 April 2022 4 years in operation
- Share capital
- 0.93 MNOK
- Business address
- Grenseveien 19, 4313 SANDNES
- Municipality
- Sandnes rank 4 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
- LEI
- 636700F4FYG7B82EYE81 not renewed (lapsed)
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.
- Parent company
- Huddlestock Fintech AS (Norway)
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 31 October 2026. The parent is the one the company itself reported to GLEIF.
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.
Figures last fetched 5 November 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 33 | 83 | 67 | |
| Rank | 2,177 | 50 | 481 | |
| Operating margin | −4.2% | 20.0% | 7.5% | |
| Return on assets | −0.9% | 59.5% | 30.1% | |
| Equity ratio | 25.8% | 64.7% | 69.6% | |
| Current ratio | 1.11 | 2.66 | 2.97 | |
| Revenue growth | – | 22.6% | −21.2% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 22.4 MNOK | 27.4 MNOK | 21.6 MNOK |
| Operating profit | −0.9 MNOK | 5.5 MNOK | 1.6 MNOK |
| Profit before tax | −0.4 MNOK | 6.1 MNOK | 3.7 MNOK |
| Net profit | −0.6 MNOK | 4.9 MNOK | 3.3 MNOK |
| Financial expenses | 0.3 MNOK | 0.3 MNOK | 0.1 MNOK |
| Total assets | 8.0 MNOK | 10.8 MNOK | 12.5 MNOK |
| Current assets | 6.6 MNOK | 10.1 MNOK | 11.3 MNOK |
| Equity | 2.1 MNOK | 7.0 MNOK | 8.7 MNOK |
| Retained earnings | 1.1 MNOK | 6.0 MNOK | 7.8 MNOK |
| Total liabilities | 5.9 MNOK | 3.8 MNOK | 3.8 MNOK |
| Current liabilities | 5.9 MNOK | 3.8 MNOK | 3.8 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 5 November 2026, accounts id 6945322.
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