Stacq AS

Org. no. 932575442 · Oslo · Founded 2023 · 19 employees

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

38of 100

How to read this: the company is ahead of 25 % of companies in the Morning class Small in the same sector in 2025. What does this mean?

Rank in the Morning class Small: 1,150 of 1,531 · What are Morning company classes?
Place in the whole sector: 5,389 of 7,315 · Informasjon og kommunikasjon

Profile

Beaver · Builder

Lower profitability, lower resilience

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 34 and resilience 30 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology

Against the sector

Stacq AS is 13 points below the median for companies in the Morning class Small in the same sector in 2025.

Median score 51 among 1,530 companies.

Against companies in the Morning class Small in the same sector in 2025: operating margin 1.1% (median 5.3%) and equity ratio 13.6% (median 34.6%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 5 November 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue22 MNOK20 MNOK
Operating margin 1.1% 5.3% 33 %
Profit margin 1.1% 5.5% shown, not part of the index
Return on assets 3.7% 9.9% 34 %
Equity ratio 13.6% 34.6% 24 %
Debt-to-equity 6.35 1.61 18 %
Current ratio 1.14 1.34 36 %
Revenue growth 62.6% 7.7% 90 %
Revenue per employee1.18 MNOK1.93 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 38, Stacq AS does better than 25% of companies in the Morning class Small in the same sector (1,531 companies) in 2025.

Over time

Score 2024–2025

CompanyMedian025507510020242025
  • Stacq AS
  • Median: companies in the Morning class Small 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.
78 days 73 days 53 %
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.
– 0 days not compared
Net working capital to revenue
Current assets less bank deposits less current liabilities, divided by revenue. Negative: short-term debt funds the operations.
−4.1% −7.8% 60 %
Cash share of current assets
How much of the short-term buffer is bank deposits and cash.
26.4% 43.2% 35 %
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.
25.9 8.0 62 %
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.
0.2% 1.2% 22 %
Long-term share of debt
Long-term debt as a share of all debt. A low share means more falls due within a year.
– 13.9% not compared

Net working capital (current assets less bank deposits less current liabilities): −0.9 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 Small 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.

Summary analysis

Stacq AS has a score of 38 for 2025, rank 5,389 of 7,315 in the sector.

Strongest: Growth: percentile 57 against peers, revenue growth 62.6% against a median of 7.7%.

Weakest: Solidity: percentile 21 against peers, equity ratio 13.6% against a median of 34.6%. Profitability: percentile 34 against peers, operating margin 1.1% against a median of 5.3%.

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

The industry or the company: what drove the result?

In 2025 the operating margin of Stacq AS fell by 5.3 percentage points. Comparable companies rose by a median 0.3 points. So the company did 5.6 points weaker than the industry, for reasons of its own.

The operating margin of Stacq AS against comparable companies, year by year
YearThe companyComparable (median) Change, companyChange, industryThe company's own
20251.1%5.3% −5.3 percentage points +0.3 percentage points −5.6 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 Stacq AS. The figures stand side by side; we claim no cause.

Service prices: information and communication (indeks (2021 = 100))

Service prices: information and communication rose 4.0% in 2025; the operating margin of Stacq AS fell 5.3 percentage points.

Service prices: information and communication per year and the operating margin of Stacq AS
Measure202120222023202420252026
Service prices: information and communication, annual average100.0103.3108.7112.2116.7120.0 (so far)
Change from the year before–+3.2%+5.3%+3.2%+4.0%+2.8%
The company's operating margin–––6.4%1.1%–

Source: SSB (14335, CC BY 4.0). Source

Turnover index: information and communication (indeks (2021 = 100))

Turnover index: information and communication rose 4.6% in 2025; the operating margin of Stacq AS fell 5.3 percentage points.

Turnover index: information and communication per year and the operating margin of Stacq AS
Measure202120222023202420252026
Turnover index: information and communication, annual average99.6111.4126.4128.3134.2141.3 (so far)
Change from the year before+14.7%+11.8%+13.5%+1.5%+4.6%+5.3%
The company's operating margin–––6.4%1.1%–

Source: SSB (13863, CC BY 4.0). Source

USD/NOK (kr)

USD/NOK fell 3.3% in 2025; the operating margin of Stacq AS fell 5.3 percentage points.

USD/NOK per year and the operating margin of Stacq AS
Measure202120222023202420252026
USD/NOK, annual average8.599.6110.5610.7510.399.54 (so far)
Change from the year before−8.8%+11.9%+9.9%+1.7%−3.3%−8.2%
The company's operating margin–––6.4%1.1%–

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

Policy rate (prosent)

Policy rate fell 0.20 percentage points in 2025; the operating margin of Stacq AS fell 5.3 percentage points.

Policy rate per year and the operating margin of Stacq 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–––6.4%1.1%–

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

Consumer price index (indeks (2025 = 100))

Consumer price index rose 3.0% in 2025; the operating margin of Stacq AS fell 5.3 percentage points.

Consumer price index per year and the operating margin of Stacq 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–––6.4%1.1%–

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

Wage index: IT services (indeks)

Wage index: IT services rose 4.4% in 2025; the operating margin of Stacq AS fell 5.3 percentage points.

Wage index: IT services per year and the operating margin of Stacq AS
Measure202120222023202420252026
Wage index: IT services, annual average84.987.892.397.3101.5105.4 (so far)
Change from the year before+4.9%+3.5%+5.1%+5.4%+4.4%+3.8%
The company's operating margin–––6.4%1.1%–

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

Stacq AS had an operating margin of 1.1% and an equity ratio of 13.6% in 2025, and ranks 5,389 of 7,315 in Informasjon og kommunikasjon.

From 2024 to 2025: revenue grew by 63% and the operating margin fell from 6.4% to 1.1%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 2 MNOK and 7 MNOK.

MethodInputMultipleListed basisEstimate
P/E Net profit (mean 2024–2025): 0.4 MNOK 18.0 8 MNOK 5 MNOK
EV/EBIT Operating profit (mean 2024–2025): 0.6 MNOK
less net debt −1.7 MNOK (rough figure)
14.9 10 MNOK 7 MNOK
P/B Equity: 0.9 MNOK 3.6 3 MNOK 2 MNOK
EV/EBIT: from enterprise value to equityNOK
Enterprise value (EV) at the listed multiple8 MNOK
Enterprise value after the size adjustment5 MNOK
Less net debt (rough figure)−2 MNOK
Equity value7 MNOK

Net debt is a rough figure: long-term liabilities minus cash. The accounts do not split interest-bearing debt from other liabilities, and short-term borrowings are not included. The size adjustment applies to the enterprise value, not to the debt. Net debt is −33% of the enterprise value after the size adjustment, so the equity value from EV/EBIT is sensitive to errors in the debt figure.

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

Indications · 2025

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 62.6% (median 7.7%); Current ratio 1.14 (median 1.34).

  • 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 −4.1% (median −7.8%); Current ratio 1.14 (median 1.34).

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

Financial costs were 0.2% 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.

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 4.1%. Based on the 8 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability34 weight 40%
Solidity21 weight 20%
Liquidity36 weight 5%
Growth57 weight 25%
Consistency45 weight 10%

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

Durability: 46 (average over 2 years)

Index version 3. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is Stacq AS?

The operating margin was 1.1% in 2025, against a median of 5.3% among companies in the Morning class Small in the same sector. Return on assets was 3.7%.

How solid is Stacq AS?

The equity ratio was 13.6% in 2025 (median 34.6%). Debt-to-equity was 6.35 (median 1.61).

What is the liquidity of Stacq AS like?

The current ratio was 1.14 in 2025 (median 1.34).

How does Stacq AS compare in Informasjon og kommunikasjon?

Stacq AS ranks 5,389 of 7,315 in Informasjon og kommunikasjon for 2025. Among companies in the Morning class Small it is number 1,150 of 1,531. Revenue changed by 62.6% 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.

Nomvec AS: 40 / 81Datamind AS: 66 / 34Arktekk AS: 63 / 58V-Hosting AS: 55 / 32Stacq AS: 34 / 30Hult IT AS: 33 / 31Kanan AS: 37 / 29Validér AS: 30 / 84Scoville Consulting AS: 57 / 3700252550507575100100Resilience, percentile against peers →↑ Profitability, percentile against peers

CompanyProfileOperating revenueOperating marginScore
Nomvec AS · same municipality Elephant 23 MNOK 1.7% 52
Datamind AS Cheetah 23 MNOK 5.7% 51
Arktekk AS · same municipality Lion 22 MNOK 8.5% 49
V-Hosting AS · same municipality Cheetah 22 MNOK 7.4% 45
Stacq AS (this company) Beaver 22 MNOK 1.1% 38
Hult IT AS Beaver 22 MNOK 0.5% 34
Kanan AS Beaver 22 MNOK 1.5% 39
Validér AS Elephant 22 MNOK 0.4% 52
Scoville Consulting AS · same municipality Cheetah 22 MNOK 5.0% 53

The selection is the closest in revenue within the same industry code. When you order, you can swap competitors. Order competitor analysis

From the Central Coordinating Register

Org. no.
932575442
Legal form
AS
Sector
Informasjon og kommunikasjon (62.200)
Morning company class
Small
Employees
19 registered 10 September 2026
Founded
12 November 2023 2 years in operation
Share capital
0.03 MNOK
Business address
Øvre Slottsgate 27, 0157 OSLO
Municipality
Oslo rank 63–220 of 357 in Norway
Latest accounts filed
2025
The company's business municipality, Oslo. 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

Ownership and roles

Loading roles …

Source: Central Coordinating Register, fetched 1 November 2026. Only names are shown.

Shareholders (2025)

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

The company is new in the shareholder register in 2025.

Holds shares in: Runagain AS (0%)

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.

Report an issue

Is this your company? Suggest changes or add information

Figures last fetched 5 November 2026.

Details

Year by year · 2024–2025

Key figure20242025Trend
Index5338
Rank3,1455,389
Operating margin6.4%1.1%
Return on assets25.9%3.7%
Equity ratio21.6%13.6%
Current ratio1.241.14
Revenue growth–62.6%

Accounts

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

Key figure20242025
Operating revenue13.8 MNOK22.4 MNOK
Operating profit0.9 MNOK0.2 MNOK
Profit before tax0.9 MNOK0.2 MNOK
Tax expense0.2 MNOK0.1 MNOK
Net profit0.7 MNOK0.2 MNOK
Financial expenses0.0 MNOK0.0 MNOK
Total assets3.4 MNOK6.6 MNOK
Current assets3.3 MNOK6.5 MNOK
Equity0.7 MNOK0.9 MNOK
Retained earnings0.7 MNOK0.9 MNOK
Total liabilities2.7 MNOK5.7 MNOK
Current liabilities2.7 MNOK5.7 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 5 November 2026, accounts id 7026312.