STUDIO.B AS

Org. no. 930686174 · Gjøvik · 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 2.0 MNOK Micro
Net profit · 2025 0.0 MNOK
Equity · 2025 0.0 MNOK
Founded 2022 3 years in operation
Sector Annen tjenesteyting 96.210
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 1.2% Weaker than the industry Industry: 3.8%
  • Returns · return on assets 7.1% About like the industry Industry: 9.2%
  • Solidity · equity ratio 6.3% Weaker than the industry Industry: 29.0%
  • Liquidity · current ratio 0.98 Weaker than the industry Industry: 1.45
  • Growth · revenue growth 11.1% Better than the industry Industry: 4.8%

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

43of 100

How to read this: the company is ahead of 36 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?

Rank in the Morning class Micro: 3,056 of 4,744 · What are Morning company classes?
Place in the whole sector: 3,986 of 6,157 · Annen tjenesteyting

Profile

Beaver · Builder

Lower profitability, lower resilience

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 40 and resilience 22 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology

Against the sector

STUDIO.B AS is 7 points below the median for companies in the Morning class Micro in the same sector in 2025.

Median score 50 among 4,739 companies.

Against companies in the Morning class Micro in the same sector in 2025: operating margin 1.2% (median 3.8%) and equity ratio 6.3% (median 29.0%).

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

How it has gone · 2023–2025

Revenue rose by 62 % from 2023 to 2025, to 2.0 MNOK. The operating margin fell from 7.4% in 2023 to 1.2% in 2025. The equity ratio fell from 33.0% in 2023 to 6.3% in 2025.

Score · 2025 43 −19 points since 2023 (weaker)
Operating revenue · 2025 2.0 MNOK +62% since 2023 (better)
Net profit · 2025 0.0 MNOK −73% since 2023 (weaker)
Operating margin · 2025 1.2% −6.2 pp since 2023 (weaker)
Equity ratio · 2025 6.3% −26.6 pp since 2023 (weaker)
Current ratio · 2025 0.98 −0.51 since 2023 (weaker)

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 revenue1.2 MNOK1.8 MNOK2.0 MNOK
Operating profit0.1 MNOK−0.2 MNOK0.0 MNOK
Net profit0.1 MNOK−0.1 MNOK0.0 MNOK
Total assets0.4 MNOK0.3 MNOK0.3 MNOK
Equity0.1 MNOK0.0 MNOK0.0 MNOK
Total liabilities0.2 MNOK0.3 MNOK0.3 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.
930686174
Legal form
AS
Sector
Annen tjenesteyting (96.210)
Purpose
Frisering og annen skjønnhetspleie.
Morning company class
Micro
Employees
0–4 (not registered) Payroll costs in the accounts: 1.5 MNOK (2025).
Founded
6 December 2022 3 years in operation
Share capital
0.05 MNOK
Business address
Birivegen 56, 2836 BIRI (GJØVIK)
Municipality
Gjøvik rank 6–10 of 13 in KOSTRA group 10
Audit
Audit opted out from 20 January 2023
Latest accounts filed
2025
VAT registered
Yes
The company's business municipality, Gjøvik. 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

STUDIO.B AS has a score of 43 for 2025, rank 3,986 of 6,157 in the sector.

Strongest: Growth: percentile 75 against peers, revenue growth 11.1% against a median of 4.8%.

Weakest: Solidity: percentile 17 against peers, equity ratio 6.3% against a median of 29.0%. Liquidity: percentile 26 against peers, current ratio 0.98 against a median of 1.45.

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

  • watch

    The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?

    Based on: Equity ratio 6.3% (median 29.0%).

  • watch

    Consider strengthening liquidity: current liabilities are 1.0 times current assets.

    Based on: Current ratio 0.98 (median 1.45).

  • 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 −9.7% (median −9.3%); Current ratio 0.98 (median 1.45).

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

Financial costs were 0.0% 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.

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 0.6%. Based on the 9 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability40 weight 40%
Solidity17 weight 20%
Liquidity26 weight 5%
Growth75 weight 25%
Consistency29 weight 10%

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

Durability: 42 (average over 3 years)

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 revenue2 MNOK3 MNOK
Operating margin 1.2% 3.8% 36 %
Profit margin 1.2% 3.2% shown, not part of the index
Return on assets 7.1% 9.2% 44 %
Equity ratio 6.3% 29.0% 28 %
Debt-to-equity 14.75 1.50 7 %
Current ratio 0.98 1.45 26 %
Revenue growth 11.1% 4.8% 68 %

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 43, STUDIO.B AS does better than 36% of companies in the Morning class Micro in the same sector (4,744 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • STUDIO.B AS
  • Median: companies in the Morning class Micro in the same sector
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.
5 days 10 days 35 %
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.
18 days 14 days 58 %
Net working capital to revenue
Current assets less bank deposits less current liabilities, divided by revenue. Negative: short-term debt funds the operations.
−9.7% −9.3% 48 %
Cash share of current assets
How much of the short-term buffer is bank deposits and cash.
59.7% 66.2% 43 %
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.
420.2 7.3 86 %
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.
0.0% 0.5% 15 %
Long-term share of debt
Long-term debt as a share of all debt. A low share means more falls due within a year.
0.0% 17.0% 10 %

Net working capital (current assets less bank deposits less current liabilities): −0.2 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 STUDIO.B AS rose by 9.5 percentage points. Comparable companies rose by a median 0.0 points. So the company did 9.4 points better than the industry, for reasons of its own.

Over 2 year-to-year changes STUDIO.B AS moved the same way as comparable companies 0 times. About 1% of the changes in operating margin were common to the industry; the rest was the company's own.

The operating margin of STUDIO.B AS against comparable companies, year by year
YearThe companyComparable (median) Change, companyChange, industryThe company's own
2024−8.3%3.7% −15.7 percentage points −0.2 percentage points −15.5 percentage points
20251.2%3.8% +9.5 percentage points +0.0 percentage points +9.4 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 STUDIO.B AS. The figures stand side by side; we claim no cause.

Consumer price index (indeks (2025 = 100))

Consumer price index rose 3.0% in 2025; the operating margin of STUDIO.B AS rose 9.5 percentage points.

Consumer price index per year and the operating margin of STUDIO.B 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––7.4%−8.3%1.2%–

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

Policy rate (prosent)

Policy rate fell 0.20 percentage points in 2025; the operating margin of STUDIO.B AS rose 9.5 percentage points.

Policy rate per year and the operating margin of STUDIO.B 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––7.4%−8.3%1.2%–

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

Wage index: other personal services (indeks)

Wage index: other personal services rose 4.9% in 2025; the operating margin of STUDIO.B AS rose 9.5 percentage points.

Wage index: other personal services per year and the operating margin of STUDIO.B AS
Measure202120222023202420252026
Wage index: other personal services, annual average89.093.298.3103.2108.3111.9 (so far)
Change from the year before+4.1%+4.8%+5.4%+5.0%+4.9%+3.3%
The company's operating margin––7.4%−8.3%1.2%–

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

STUDIO.B AS had an operating margin of 1.2% and an equity ratio of 6.3% in 2025, and ranks 3,986 of 6,157 in Annen tjenesteyting.

From 2024 to 2025: went from a loss to a profit before tax and the operating margin rose from −8.3% to 1.2%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

One method gives a figure: 0 MNOK.

MethodInputMultipleListed basisEstimate
P/E Net profit (mean 2023–2025): 0.0 MNOK 19.2 – not meaningful
EV/EBIT Operating profit (mean 2023–2025): 0.0 MNOK 15.1 – not meaningful
P/B Equity: 0.0 MNOK 2.4 0 MNOK 0 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: Total Market (without financials).

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 STUDIO.B AS?

The operating margin was 1.2% in 2025, against a median of 3.8% among companies in the Morning class Micro in the same sector. Return on assets was 7.1%.

How solid is STUDIO.B AS?

The equity ratio was 6.3% in 2025 (median 29.0%). Debt-to-equity was 14.75 (median 1.50).

What is the liquidity of STUDIO.B AS like?

The current ratio was 0.98 in 2025 (median 1.45). Current assets did not cover current liabilities.

How does STUDIO.B AS compare in Annen tjenesteyting?

STUDIO.B AS ranks 3,986 of 6,157 in Annen tjenesteyting for 2025. Among companies in the Morning class Micro it is number 3,056 of 4,744. Revenue changed by 11.1% 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.

Studio Ophelia AS: 35 / 34Chezz Frisørene AS: 29 / 72APT. 13 AS: 9 / 43Sinsen Hårdesign AS: 58 / 84Exe of Hell AS: 81 / 56Grønt Eple AS: 54 / 71Bounji AS: 71 / 64STUDIO.B AS: 40 / 22MIA HUD & Velvære AS: 22 / 3800252550507575100100Resilience, percentile against peers →↑ Profitability, percentile against peers

CompanyProfileOperating revenueOperating marginScore
Studio Ophelia AS Beaver 2 MNOK 1.0% 37
Chezz Frisørene AS Elephant 2 MNOK 0.0% 44
APT. 13 AS Beaver 2 MNOK −7.5% 29
Sinsen Hårdesign AS Lion 2 MNOK 6.8% 67
Exe of Hell AS Lion 2 MNOK 18.5% 71
Grønt Eple AS Lion 2 MNOK 5.8% 50
Bounji AS Lion 2 MNOK 11.6% 60
STUDIO.B AS (this company) Beaver 2 MNOK 1.2% 43
MIA HUD & Velvære AS Beaver 2 MNOK −1.5% 34

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 5 November 2026. Only names are shown.

Shareholders (2025)

Number of shareholders
2
Largest owner
50.0%
Split
companies 0% · private persons 100% · foreign 0%
Owned from the same municipality
100%

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.

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Figures last fetched 9 November 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index612143
Rank1,6985,2893,986
Operating margin7.4%−8.3%1.2%
Return on assets25.1%−44.6%7.1%
Equity ratio33.0%0.8%6.3%
Current ratio1.490.910.98
Revenue growth–45.4%11.1%

Accounts

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

Key figure202320242025
Operating revenue1.2 MNOK1.8 MNOK2.0 MNOK
Operating profit0.1 MNOK−0.2 MNOK0.0 MNOK
Profit before tax0.1 MNOK−0.2 MNOK0.0 MNOK
Tax expense0.0 MNOK0.0 MNOK0.0 MNOK
Net profit0.1 MNOK−0.1 MNOK0.0 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets0.4 MNOK0.3 MNOK0.3 MNOK
Current assets0.4 MNOK0.3 MNOK0.3 MNOK
Equity0.1 MNOK0.0 MNOK0.0 MNOK
Retained earnings0.1 MNOK0.0 MNOK0.0 MNOK
Total liabilities0.2 MNOK0.3 MNOK0.3 MNOK
Current liabilities0.2 MNOK0.3 MNOK0.3 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 9 November 2026, accounts id 6412917.