Chd Visual Effects AS

Org. no. 932691620 · Vefsn · Founded 2023

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

74of 100

How to read this: the company is ahead of 92 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?

Rank in the Morning class Micro: 371 of 4,817 · What are Morning company classes?
Place in the whole sector: 518 of 7,315 · Informasjon og kommunikasjon

Profile

Lion · Leader

High profitability, high resilience

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 84 and resilience 54 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology

Against the sector

Chd Visual Effects AS is 23 points above the median for companies in the Morning class Micro in the same sector in 2025.

Median score 51 among 4,811 companies.

Against companies in the Morning class Micro in the same sector in 2025: operating margin 20.5% (median 6.6%) and equity ratio 49.5% (median 39.5%).

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

How it has gone · 2023–2025

Revenue rose by 5,029 % from 2023 to 2025, to 2.2 MNOK. The operating margin fell from 28.9% in 2023 to 20.5% in 2025. The equity ratio fell from 96.0% in 2023 to 49.5% in 2025.

Score · 2025 74
Operating revenue · 2025 2.2 MNOK +5,029% since 2023 (better)
Net profit · 2025 0.4 MNOK +3,243% since 2023 (better)
Operating margin · 2025 20.5% −8.5 pp since 2023 (weaker)
Equity ratio · 2025 49.5% −46.5 pp since 2023 (weaker)
Current ratio · 2025 1.86 −22.97 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

Summary analysis

Chd Visual Effects AS has a score of 74 for 2025, rank 518 of 7,315 in the sector.

Strongest: Growth: percentile 87 against peers, revenue growth 315.3% against a median of 6.5%. Profitability: percentile 84 against peers, operating margin 20.5% against a median of 6.6%.

No area is clearly below its peers.

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

No rules were triggered for this year.

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

Financial costs were 2.5% 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

Profitability84 weight 40%
Solidity54 weight 20%
Liquidity59 weight 5%
Growth87 weight 25%
Consistency50 weight 10%

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

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 20.5% 6.6% 71 %
Profit margin 20.7% 6.8% shown, not part of the index
Return on assets 85.2% 13.1% 96 %
Equity ratio 49.5% 39.5% 58 %
Debt-to-equity 1.02 1.07 51 %
Current ratio 1.86 1.54 59 %
Revenue growth 315.3% 6.5% 94 %

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 74, Chd Visual Effects AS does better than 92% of companies in the Morning class Micro in the same sector (4,817 companies) in 2025.

Over time

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.

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.
0 days 46 days 2 %
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 0 days 34 %
Net working capital to revenue
Current assets less bank deposits less current liabilities, divided by revenue. Negative: short-term debt funds the operations.
−12.4% −9.3% 43 %
Cash share of current assets
How much of the short-term buffer is bank deposits and cash.
100.0% 56.5% 98 %
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.
66.5 9.0 67 %
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.
2.5% 0.8% 67 %
Long-term share of debt
Long-term debt as a share of all debt. A low share means more falls due within a year.
0.6% 0.3% 54 %

Net working capital (current assets less bank deposits less current liabilities): −0.3 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 Chd Visual Effects AS rose by 13.5 percentage points. Comparable companies rose by a median 0.1 points. So the company did 13.4 points better than the industry, for reasons of its own.

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

The operating margin of Chd Visual Effects AS against comparable companies, year by year
YearThe companyComparable (median) Change, companyChange, industryThe company's own
20246.9%6.5% −22.0 percentage points +0.5 percentage points −22.5 percentage points
202520.5%6.6% +13.5 percentage points +0.1 percentage points +13.4 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 Chd Visual Effects 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 Chd Visual Effects AS rose 13.5 percentage points.

Service prices: information and communication per year and the operating margin of Chd Visual Effects 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––28.9%6.9%20.5%–

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 Chd Visual Effects AS rose 13.5 percentage points.

Turnover index: information and communication per year and the operating margin of Chd Visual Effects 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––28.9%6.9%20.5%–

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

USD/NOK (kr)

USD/NOK fell 3.3% in 2025; the operating margin of Chd Visual Effects AS rose 13.5 percentage points.

USD/NOK per year and the operating margin of Chd Visual Effects 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––28.9%6.9%20.5%–

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

Policy rate (prosent)

Policy rate fell 0.20 percentage points in 2025; the operating margin of Chd Visual Effects AS rose 13.5 percentage points.

Policy rate per year and the operating margin of Chd Visual Effects 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––28.9%6.9%20.5%–

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 Chd Visual Effects AS rose 13.5 percentage points.

Consumer price index per year and the operating margin of Chd Visual Effects 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––28.9%6.9%20.5%–

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 Chd Visual Effects AS rose 13.5 percentage points.

Wage index: IT services per year and the operating margin of Chd Visual Effects 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––28.9%6.9%20.5%–

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

Chd Visual Effects AS had an operating margin of 20.5% and an equity ratio of 49.5% in 2025, and ranks 518 of 7,315 in Informasjon og kommunikasjon.

From 2024 to 2025: revenue grew by 315% and the operating margin rose from 6.9% to 20.5%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 0 MNOK and 2 MNOK.

MethodInputMultipleListed basisEstimate
P/E Net profit (mean 2023–2025): 0.1 MNOK 17.7 2 MNOK 1 MNOK
EV/EBIT Operating profit (mean 2023–2025): 0.2 MNOK
less net debt −0.5 MNOK (rough figure)
14.3 3 MNOK 2 MNOK
P/B Equity: 0.3 MNOK 2.6 1 MNOK 0 MNOK
EV/EBIT: from enterprise value to equityNOK
Enterprise value (EV) at the listed multiple2 MNOK
Enterprise value after the size adjustment1 MNOK
Less net debt (rough figure)−1 MNOK
Equity value2 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 −34% 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 NACE code has no listed industry of its own in the table, so the multiples are the sector median: Software (System & Application), Computer Services, Telecom. Services, Publishing & Newspapers.

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 Chd Visual Effects AS?

The operating margin was 20.5% in 2025, against a median of 6.6% among companies in the Morning class Micro in the same sector. Return on assets was 85.2%.

How solid is Chd Visual Effects AS?

The equity ratio was 49.5% in 2025 (median 39.5%). Debt-to-equity was 1.02 (median 1.07).

What is the liquidity of Chd Visual Effects AS like?

The current ratio was 1.86 in 2025 (median 1.54).

How does Chd Visual Effects AS compare in Informasjon og kommunikasjon?

Chd Visual Effects AS ranks 518 of 7,315 in Informasjon og kommunikasjon for 2025. Among companies in the Morning class Micro it is number 371 of 4,817. Revenue changed by 315.3% 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.

Einar Studios AS: 85 / 72A Normal Studios AS: 51 / 34Bekkstudio AS: 57 / 47Ftf AS: 79 / 71Chd Visual Effects AS: 84 / 54Teiglands AS: 96 / 20TV Bergen AS: 92 / 18Cocolors AS: 55 / 72Isak Dreyer AS: 88 / 7600252550507575100100Resilience, percentile against peers →↑ Profitability, percentile against peers

CompanyProfileOperating revenueOperating marginScore
Einar Studios AS Lion 3 MNOK 45.6% 74
A Normal Studios AS Cheetah 3 MNOK 4.9% 43
Bekkstudio AS Cheetah 2 MNOK 5.5% 54
Ftf AS Lion 2 MNOK 13.6% 69
Chd Visual Effects AS (this company) Lion 2 MNOK 20.5% 74
Teiglands AS Cheetah 2 MNOK 58.9% 60
TV Bergen AS Cheetah 2 MNOK 50.7% 66
Cocolors AS Lion 2 MNOK 10.4% 52
Isak Dreyer AS Lion 2 MNOK 53.8% 81

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

Group accounts

The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.

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.

Group structure · 2025

3 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 Chd Holding AS. Persons are not shown by name.

Chd Holding 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
Informasjon og kommunikasjon (3 companies) 3 of 3 companies in the tree have accounts with us. Sectors are sorted by the companies' own revenue, which includes sales between the group's companies.
Loss
1 company: Kjøpeselge AS
Changed 2024–2025
2 companies joined the group: Chd Visual Effects AS, Kjøpeselge AS.

A subsidiary with negative equity or a loss may be backed by the group, for example with group contributions or guarantees. It is an indication of what is worth asking about, not an assessment.

  • Chd Holding AS holding company · Informasjon og kommunikasjon
    • Chd Visual Effects AS you are here 100% owned · operating · index 74 · number 518 of 7315 in Informasjon og kommunikasjon
    • Kjøpeselge AS 70% owned · operating · Informasjon og kommunikasjon

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.
932691620
Legal form
AS · part of a group
Sector
Informasjon og kommunikasjon (59.120)
Purpose
Etterarbeid knyttet til prod. av film, video og fjernsynsprogrammer. Filmproduksjon. Fotograf. Industridesign, produktdesign. Grafisk design.
Morning company class
Micro
Employees
0–4 (not registered) Payroll costs in the accounts: 0.9 MNOK (2025).
Founded
12 November 2023 2 years in operation
Share capital
0.03 MNOK
Business address
Dr.Frostads gate 53, 8661 MOSJØEN (VEFSN)
Municipality
Vefsn rank 9–13 of 13 in KOSTRA group 8
Audit
Audit opted out from 16 December 2023
Latest accounts filed
2025
VAT registered
Yes
Former names
Chd Holding AS until 2024
The company's business municipality, Vefsn. 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 5 November 2026. Only names are shown.

Shareholders (2025)

Number of shareholders
1 (one owner)
Largest owner
100.0%
Split
companies 100% · private persons 0% · foreign 0%
Owned from the same municipality
100%
Group chain
Owned by: Chd Holding AS (100%)
Ultimate owner: private person

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.

Report an issue

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Figures last fetched 9 November 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index––74
Rank––518
Operating margin28.9%6.9%20.5%
Return on assets34.5%28.4%85.2%
Equity ratio96.0%46.7%49.5%
Current ratio24.831.121.86
Revenue growth–1,135.0%315.3%

Accounts

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

Key figure202320242025
Operating revenue0.0 MNOK0.5 MNOK2.2 MNOK
Operating profit0.0 MNOK0.0 MNOK0.5 MNOK
Profit before tax0.0 MNOK0.0 MNOK0.5 MNOK
Tax expense0.0 MNOK0.0 MNOK0.1 MNOK
Net profit0.0 MNOK0.0 MNOK0.4 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets0.0 MNOK0.1 MNOK0.6 MNOK
Current assets0.0 MNOK0.1 MNOK0.5 MNOK
Equity0.0 MNOK0.1 MNOK0.3 MNOK
Retained earnings0.0 MNOK0.0 MNOK0.2 MNOK
Total liabilities0.0 MNOK0.1 MNOK0.3 MNOK
Current liabilities0.0 MNOK0.1 MNOK0.3 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 9 November 2026, accounts id 6354851.