Volve Technologies 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 2024
Not enough data: Not enough data (below minimum revenue)
Based on the annual accounts for 2024
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 1 MNOK | 3 MNOK |
| Operating margin | −159.4% | 4.1% |
| Profit margin | −159.7% | 4.0% |
| Return on assets | −63.0% | 7.9% |
| Equity ratio | 72.3% | 39.0% |
| Debt-to-equity | 0.38 | 1.12 |
| Current ratio | 2.75 | 1.52 |
| Revenue growth | – | 7.5% |
| Revenue per employee | 0.09 MNOK | 0.71 MNOK |
The median and “ahead of” refer to companies in the same sector in 2024. 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 72.3% in 2024. The company is not ranked: not enough data (below minimum revenue).
From 2023 to 2024: the equity ratio rose from −346.8% to 72.3%.
This text is generated automatically from the 2024 accounts.
Three simple methods
One method gives a figure: 4 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 18.0 | not meaningful |
| EV/EBIT | 14.9 | not meaningful |
| P/B | 3.6 | 4 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 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
Worth a closer look
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −159.7% (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 −159.4% (median 4.1%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 1.2% 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
- watch Extreme margin: check 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 4.1%. 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 −159.4% in 2024, against a median of 4.1% among companies in the same sector. Return on assets was −63.0%. The company made a loss before tax.
How solid is Volve Technologies AS?
The equity ratio was 72.3% in 2024 (median 39.0%). Debt-to-equity was 0.38 (median 1.12).
What is the liquidity of Volve Technologies AS like?
The current ratio was 2.75 in 2024 (median 1.52).
From the Central Coordinating Register
- Org. no.
- 931997335
- Legal form
- AS
- Sector
- Informasjon og kommunikasjon (62.100)
- Morning company class
- Micro
- 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 | – | – | 56 | |
| Rank | – | – | 1,622 | |
| 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 5946007.