Volve Technologies AS
Score · fiscal year 2023
Not enough data: Revenue not reported
Based on the annual accounts for 2023
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating margin | – | 4.6% |
| Profit margin | – | 4.9% |
| Return on assets | −429.9% | 8.8% |
| Equity ratio | −346.8% | 34.7% |
| Debt-to-equity | – | 1.61 |
| Current ratio | 20.63 | 1.33 |
| Revenue growth | – | 10.4% |
The median and “ahead of” refer to companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
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.
What the numbers say
Volve Technologies AS had an equity ratio of −346.8% in 2023. The company is not ranked: revenue not reported.
This text is generated automatically from the 2023 accounts.
Three simple methods
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 17.7 | not meaningful |
| EV/EBIT | 14.3 | not meaningful |
| P/B | 2.6 | not meaningful |
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
- critical
Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?
Based on: Equity ratio −346.8% (median 34.7%).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin – (median 4.9%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
See interest rates, prices and exchange rates for the sector
Data quality
- watch Revenue not reported
- critical Negative equity
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
Questions and answers
How profitable is Volve Technologies AS?
The operating margin was – in 2023, against a median of 4.6% among companies in the same sector. Return on assets was −429.9%. The company made a loss before tax.
How solid is Volve Technologies AS?
The equity ratio was −346.8% in 2023 (median 34.7%). Equity is negative, so liabilities exceed assets.
What is the liquidity of Volve Technologies AS like?
The current ratio was 20.63 in 2023 (median 1.33).
From the Central Coordinating Register
- Org. no.
- 931997335
- Legal form
- AS
- Sector
- Informasjon og kommunikasjon (62.100)
- Employees
- 10 registered 10 October 2026
- Founded
- 2 August 2023 3 years in operation
- Share capital
- 0.06 MNOK
- Business address
- c/o Herman Bjørn Smith, Holgerslystveien 10J, 0280 OSLO
- Municipality
- Oslo rank 63–220 of 357 in Norway
- Audit
- Audit opted out from 31 August 2023
- 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
- 9
- Largest owner
- 42.7% · top three 89.8%
- Split
- companies 96% · private persons 4% · foreign 0%
- Owned from the same municipality
- 90%
- Owners over 60
- 72% of the shares held by persons (median age 70)
- On Y VA AS · 42.7%
- Ais Invest AS · 36.2%
- Ajd Invest AS · 11.0%
- Technorocks AS · 3.0%
- Ymir Labs AS · 2.0%
- Cvh Holding AS · 1.0%
- 3 private persons · 4.2%
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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Is this your company? Suggest changes or add information
Figures last fetched 5 November 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | – | – | 60 | |
| Rank | – | – | 878 | |
| Operating margin | – | −159.4% | −30.9% | |
| Return on assets | −429.9% | −63.0% | −16.2% | |
| Equity ratio | −346.8% | 72.3% | 81.4% | |
| Current ratio | 20.63 | 2.75 | 5.44 | |
| Revenue growth | – | – | 515.3% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | – | 0.9 MNOK | 5.3 MNOK |
| Operating profit | −0.1 MNOK | −1.4 MNOK | −1.7 MNOK |
| Profit before tax | −0.1 MNOK | −1.4 MNOK | −1.5 MNOK |
| Tax expense | – | – | – |
| Net profit | −0.1 MNOK | −1.4 MNOK | −1.5 MNOK |
| Financial expenses | – | 0.0 MNOK | 0.0 MNOK |
| Total assets | 0.0 MNOK | 2.2 MNOK | 9.3 MNOK |
| Current assets | 0.0 MNOK | 1.3 MNOK | 8.7 MNOK |
| Equity | −0.1 MNOK | 1.6 MNOK | 7.6 MNOK |
| Retained earnings | −0.1 MNOK | −1.5 MNOK | −3.1 MNOK |
| Total liabilities | 0.1 MNOK | 0.6 MNOK | 1.7 MNOK |
| Current liabilities | 0.0 MNOK | 0.5 MNOK | 1.6 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 5 November 2026, accounts id 4723919.