Volt Power Analytics 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
Score · fiscal year 2025
64of 100
How to read this: the company is ahead of 82 % of companies in the Morning class Small in the same sector in 2025. What does this mean?
Rank in the Morning class Small: 167 of 942 · What are Morning company classes?
Place in the whole sector: 667 of 3,401 · Revisjon, regnskap og rådgivning
Profile
Cheetah · Sprinter
High profitability, lower resilience
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 74 and resilience 30 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology
Against the sector
Volt Power Analytics AS is 13 points above the median for companies in the Morning class Small in the same sector in 2025.
Median score 51 among 942 companies.
Against companies in the Morning class Small in the same sector in 2025: operating margin 18.4% (median 9.7%) and equity ratio 14.1% (median 26.2%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 11 MNOK | 18 MNOK |
| Operating margin | 18.4% | 9.7% |
| Profit margin | 18.2% | 10.3% |
| Return on assets | 40.3% | 23.8% |
| Equity ratio | 14.1% | 26.2% |
| Debt-to-equity | 6.09 | 2.66 |
| Current ratio | 1.14 | 1.29 |
| Revenue growth | 108.6% | 8.3% |
| Revenue per employee | 1.21 MNOK | 1.59 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 64, Volt Power Analytics AS does better than 82% of companies in the Morning class Small in the same sector (942 companies) in 2025.
Score 2023–2025
- Volt Power Analytics AS
- Median: companies in the Morning class Small in the same sector
Volt Power Analytics AS has a score of 64 for 2025, rank 667 of 3,401 in the sector.
Strongest: Growth: percentile 97 against peers, revenue growth 108.6% against a median of 8.3%. Profitability: percentile 74 against peers, operating margin 18.4% against a median of 9.7%.
Weakest: Consistency: percentile 26 against peers. Solidity: percentile 30 against peers, equity ratio 14.1% against a median of 26.2%.
Worth a closer look
- Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have? Based on: revenue growth 108.6% (median 8.3%); current ratio 1.14 (median 1.29).
- What lies behind weak consistency, and will it last?
- What lies behind weak solidity, and will it last?
- The change in operating margin in 2025 was 55.4 percentage points better than for comparable companies: the company +55.6, the industry +0.3 points. That is the company's own, not something that hit the whole industry.
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
The industry or the company: what drove the result?
In 2025 the operating margin of Volt Power Analytics AS rose by 55.6 percentage points. Comparable companies rose by a median 0.3 points. So the company did 55.4 points better than the industry, for reasons of its own.
Over 2 year-to-year changes Volt Power Analytics AS moved the same way as comparable companies 2 times. About 1% of the changes in operating margin were common to the industry; the rest was the company's own.
| Year | The company | Comparable (median) | Change, company | Change, industry | The company's own |
|---|---|---|---|---|---|
| 2024 | −37.2% | 9.5% | −30.7 percentage points | −0.3 percentage points | −30.4 percentage points |
| 2025 | 18.4% | 9.7% | +55.6 percentage points | +0.3 percentage points | +55.4 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 Volt Power Analytics AS. The figures stand side by side; we claim no cause.
Turnover index: legal and accounting activities (indeks (2021 = 100))
Turnover index: legal and accounting activities rose 4.8% in 2025; the operating margin of Volt Power Analytics AS rose 55.6 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Turnover index: legal and accounting activities, annual average | 100.4 | 107.7 | 127.0 | 135.2 | 141.7 | 149.6 (so far) |
| Change from the year before | +8.7% | +7.3% | +17.9% | +6.4% | +4.8% | +5.5% |
| The company's operating margin | – | – | −6.6% | −37.2% | 18.4% | – |
Source: SSB (13863, CC BY 4.0). Source
Turnover index: management consultancy (indeks (2021 = 100))
Turnover index: management consultancy rose 6.5% in 2025; the operating margin of Volt Power Analytics AS rose 55.6 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Turnover index: management consultancy, annual average | 99.4 | 104.0 | 114.9 | 116.0 | 123.6 | 128.7 (so far) |
| Change from the year before | +17.3% | +4.6% | +10.5% | +1.0% | +6.5% | +4.1% |
| The company's operating margin | – | – | −6.6% | −37.2% | 18.4% | – |
Source: SSB (13863, CC BY 4.0). Source
Service prices: legal and accounting (indeks (2021 = 100))
Service prices: legal and accounting rose 4.9% in 2025; the operating margin of Volt Power Analytics AS rose 55.6 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Service prices: legal and accounting, annual average | 100.0 | 104.8 | 111.8 | 117.4 | 123.2 | 127.0 (so far) |
| Change from the year before | +3.4% | +4.8% | +6.7% | +5.0% | +4.9% | +3.1% |
| The company's operating margin | – | – | −6.6% | −37.2% | 18.4% | – |
Source: SSB (14335, CC BY 4.0). Source
Consumer price index (indeks (2025 = 100))
Consumer price index rose 3.0% in 2025; the operating margin of Volt Power Analytics AS rose 55.6 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Consumer price index, annual average | 84.3 | 89.2 | 94.1 | 97.0 | 100.0 | 102.9 (so far) |
| Change from the year before | +3.5% | +5.8% | +5.5% | +3.2% | +3.0% | +2.9% |
| The company's operating margin | – | – | −6.6% | −37.2% | 18.4% | – |
Source: SSB (14710, CC BY 4.0). Source
Policy rate (prosent)
Policy rate fell 0.20 percentage points in 2025; the operating margin of Volt Power Analytics AS rose 55.6 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Policy rate, annual average | 0.08 | 1.32 | 3.54 | 4.50 | 4.30 | 4.17 (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 | – | – | −6.6% | −37.2% | 18.4% | – |
Source: Norges Bank (IR, NLOD 2.0). Source
Wage index: legal and accounting (indeks)
Wage index: legal and accounting rose 5.4% in 2025; the operating margin of Volt Power Analytics AS rose 55.6 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Wage index: legal and accounting, annual average | 86.2 | 89.8 | 93.9 | 99.1 | 104.4 | 108.4 (so far) |
| Change from the year before | +5.1% | +4.3% | +4.5% | +5.6% | +5.4% | +3.8% |
| The company's operating margin | – | – | −6.6% | −37.2% | 18.4% | – |
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.
What the numbers say
Volt Power Analytics AS had an operating margin of 18.4% and an equity ratio of 14.1% in 2025, and ranks 667 of 3,401 in Revisjon, regnskap og rådgivning.
From 2024 to 2025: the operating margin rose from −37.2% to 18.4% and the equity ratio rose from −52.9% to 14.1%.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 2 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 22.4 | not meaningful |
| EV/EBIT | 17.4 | not meaningful |
| P/B | 4.1 | 2 MNOK |
The listed basis is the value at listed multiples. The estimate is lowered for size: a small-company premium of 4% on the cost of equity gives a value 38% lower. No separate marketability discount is applied, because the premium already allows for the company being small and unlisted.
The NACE code has no listed industry of its own in the table, so the multiples are the sector median: Business & Consumer 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
Worth a closer look
- 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 108.6% (median 8.3%); Current ratio 1.14 (median 1.29).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 1.9% 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 5.4%. Based on the 7 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 74 | weight 40% |
|---|---|---|
| Solidity | 30 | weight 20% |
| Liquidity | 35 | weight 5% |
| Growth | 97 | weight 25% |
| Consistency | 26 | weight 10% |
Three goals: profitability 40%, growth 25%, resilience 35%. Why these weights?
Durability: 28 (average over 3 years)
Index version 3. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Volt Power Analytics AS?
The operating margin was 18.4% in 2025, against a median of 9.7% among companies in the Morning class Small in the same sector. Return on assets was 40.3%.
How solid is Volt Power Analytics AS?
The equity ratio was 14.1% in 2025 (median 26.2%). Debt-to-equity was 6.09 (median 2.66).
What is the liquidity of Volt Power Analytics AS like?
The current ratio was 1.14 in 2025 (median 1.29).
How does Volt Power Analytics AS compare in Revisjon, regnskap og rådgivning?
Volt Power Analytics AS ranks 667 of 3,401 in Revisjon, regnskap og rådgivning for 2025. Among companies in the Morning class Small it is number 167 of 942. Revenue changed by 108.6% from the year before.
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.
| Company | Profile | Operating revenue | Operating margin | Score |
|---|---|---|---|---|
| Ennova AS |  Beaver |
11 MNOK | 6.9% | 49 |
| Essentia AS |  Elephant |
11 MNOK | 5.5% | 49 |
| FM Invest AS |  Lion |
11 MNOK | 60.0% | 81 |
| Kramkar AS | Lion |
11 MNOK | 18.3% | 67 |
| Sentrum Næringshage AS | Elephant |
11 MNOK | 1.4% | 39 |
| Init4u Consulting AS | Elephant |
11 MNOK | 11.1% | 50 |
| Volt Power Analytics AS (this company) |  Cheetah |
11 MNOK | 18.4% | 64 |
| Sør-Varanger Utvikling AS | Beaver |
11 MNOK | −0.5% | 15 |
| Nfr Group Norway AS | Lion |
11 MNOK | 26.6% | 87 |
The selection is the closest in revenue within the same industry code. When you order, you can swap competitors. Order competitor analysis
Group structure · 2025
2 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.
Private persons own 100% of the shares in Bogaard Invest AS. Persons are not shown by name.
Bogaard Invest AS has not filed group accounts in open data, so the group has no index of its own. Each company has its own accounts.
The group in figures
- Sectors
- Revisjon, regnskap og rådgivning (1 company) 1 of 2 companies in the tree have accounts with us. Sectors are sorted by the companies' own revenue, which includes sales between the group's companies.
- Employees in Norway
- 9 in all. Arendal 9 Registered employees in the Central Coordinating Register, by the municipality of the business address. Employees may work elsewhere.
-
Bogaard Invest AS
- Volt Power Analytics AS you are here
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.
- 930107964
- Legal form
- AS
- Sector
- Revisjon, regnskap og rådgivning (70.200)
- Morning company class
- Small
- Employees
- 9 registered 10 September 2026
- Founded
- 22 September 2022 4 years in operation
- Share capital
- 0.22 MNOK
- Business address
- Torvet 10, 4836 ARENDAL
- Municipality
- Arendal rank 5–10 of 10 in KOSTRA group 11
- 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 1 November 2026. Only names are shown.
Shareholders (2025)
- Number of shareholders
- 3 (one owner holds more than half)
- Largest owner
- 55.5%
- Split
- companies 100% · private persons 0% · foreign 0%
- Owned from the same municipality
- 100%
- Group chain
-
Owned by: Bogaard Invest AS (56%)
Ultimate owner: private person
The owner: the majority owner Bogaard Invest AS (holds 56%) had negative equity in 2025. made a loss in 2025. A weak parent can affect the subsidiary through group contributions, loans and guarantees. It is an indication to watch, not an assessment of the company.
- Bogaard Invest AS · 55.5%
- Bogaard Consulting AS · 35.1%
- Olav Botnen Invest AS · 9.4%
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.
Is this your company? Suggest changes or add information
Figures last fetched 6 November 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 7 | 13 | 64 | |
| Rank | 3,183 | 3,238 | 667 | |
| Operating margin | −6.6% | −37.2% | 18.4% | |
| Return on assets | −17.7% | −65.3% | 40.3% | |
| Equity ratio | −1.4% | −52.9% | 14.1% | |
| Current ratio | 0.98 | 0.76 | 1.14 | |
| Revenue growth | – | 45.7% | 108.6% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 3.6 MNOK | 5.2 MNOK | 10.9 MNOK |
| Operating profit | −0.2 MNOK | −1.9 MNOK | 2.0 MNOK |
| Profit before tax | −0.2 MNOK | −1.9 MNOK | 2.0 MNOK |
| Tax expense | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Net profit | −0.2 MNOK | −1.9 MNOK | 2.0 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.1 MNOK |
| Total assets | 1.3 MNOK | 2.9 MNOK | 5.1 MNOK |
| Current assets | 1.3 MNOK | 2.9 MNOK | 5.0 MNOK |
| Equity | 0.0 MNOK | −1.6 MNOK | 0.7 MNOK |
| Retained earnings | −0.2 MNOK | −2.1 MNOK | −0.2 MNOK |
| Total liabilities | 1.3 MNOK | 4.5 MNOK | 4.4 MNOK |
| Current liabilities | 1.3 MNOK | 3.8 MNOK | 4.4 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 6 November 2026, accounts id 6427345.
Further
Similar companies
- ADVOKATFIRMAET LÆRUM, LIER, STENDE & Berven AS index 65, rank 659 · compare
- Norske Mat Tradisjoner AS index 65, rank 661 · compare
- Brisq AS index 64, rank 669 · compare
- Sne Regnskap AS index 64, rank 674 · compare
- Vsk Regnskap AS index 64, rank 676 · compare