MUSICSTREAM AS

Org. no. 933022404 · NORDRE FOLLO · Founded 2024

Score · fiscal year 2025

65of 100

How to read this: the company is ahead of 79 % of small companies in the same sector in 2025. What does this mean?

Rank: 8,181 of 38,669 · Handel

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 83 and solidity 14 out of 100 among small companies in the same sector in 2025. Methodology

Against the sector

MUSICSTREAM AS is 15 points above the median for small companies in the same sector in 2025.

Median score 50 among 36,109 companies.

Against small companies in the same sector in 2025: operating margin 17.7% (median 2.5%) and equity ratio 4.4% (median 38.3%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 27 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue1 MNOK3 MNOK
Operating margin 17.7% 2.5% 86 %
Profit margin 14.9% 2.2% shown, not part of the index
Return on assets 20.6% 4.0% 80 %
Equity ratio 4.4% 38.3% 24 %
Debt-to-equity 21.55 0.99 5 %
Current ratio 6.60 1.70 86 %
Revenue growth 634.6% 3.5% 98 %

The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 65, MUSICSTREAM AS does better than 79% of small companies in the same sector (36,578 companies) in 2025.

Over time

Score 2024–2025

CompanyMedian025507510020242025
  • MUSICSTREAM AS
  • Median: small companies in the same sector
Summary analysis

MUSICSTREAM AS has a score of 65 for 2025, rank 8,181 of 38,669 in the sector.

Strongest: Growth: percentile 98 against peers, revenue growth 634.6% against a median of 3.5%. Liquidity: percentile 86 against peers, current ratio 6.60 against a median of 1.70.

Weakest: Solidity: percentile 14 against peers, equity ratio 4.4% against a median of 38.3%.

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

Analysis · 2025

What the numbers say

MUSICSTREAM AS had an operating margin of 17.7% and an equity ratio of 4.4% in 2025, and ranks 8,181 of 38,669 in Handel.

From 2024 to 2025: the operating margin rose from −110.0% to 17.7% and revenue grew by 635%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 0 MNOK and 1 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.1 MNOK 10.0 1 MNOK
EV/EBIT Operating profit: 0.1 MNOK
minus net debt −0.4 MNOK
8.0 1 MNOK
P/B Equity: 0.0 MNOK 1.0 0 MNOK

A mechanical estimate from public accounts, not advice. Mechanical estimate from public accounts with fixed multiples. Not a valuation and not advice to buy or sell. The multiples are provisional default values and must be adjusted per sector before the figures are used for anything. See the calculation

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 4.4% (median 38.3%).

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

Financial costs were 3.5% 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.

Data quality

No anomalies found in the figures.

Stress test · 2017

Scenario analysis: the sector's weakest year

We have no accounts for 2017, the sector's weakest year, for this company.

The sector's weakest year was 2017, with a median operating margin of −65.6%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability83 weight 30%
Solidity14 weight 25%
Liquidity86 weight 15%
Growth98 weight 15%
Consistency57 weight 15%

Durability: 42 (average over 2 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is MUSICSTREAM AS?

The operating margin was 17.7% in 2025, against a median of 2.5% among small companies in the same sector. Return on assets was 20.6%.

How solid is MUSICSTREAM AS?

The equity ratio was 4.4% in 2025 (median 38.3%). Debt-to-equity was 21.55 (median 0.99).

What is the liquidity of MUSICSTREAM AS like?

The current ratio was 6.60 in 2025 (median 1.70).

How does MUSICSTREAM AS compare in Handel?

MUSICSTREAM AS ranks 8,181 of 38,669 in Handel for 2025. Among companies of the same size (small companies) it ranks 7,690 of 36,578. Revenue changed by 634.6% from the year before.

From the Central Coordinating Register

Org. no.
933022404
Legal form
AS
Sector
Handel (46.430)
Size tier
small
Employees
0–4 (not registered)
Founded
16 January 2024 2 years in operation
Share capital
0.03 MNOK
Business address
Kongeveien 47, 1412 SOFIEMYR (NORDRE FOLLO)
Municipality
Nordre Follo rank 1 of 10 in KOSTRA group 11
Audit
Audit opted out from 20 February 2024
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

Chair of the board
Paal André Skaret
Accountant
DIGITALL AS

Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.

Owners and shareholdings will appear here once the shareholder data extract is in place.

Coming · not built yet

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

Figures last fetched 27 October 2026.

Details

Year by year · 2024–2025

Key figure20242025Trend
Index2065
Rank33,1958,181
Operating margin−110.0%17.7%
Return on assets−69.2%20.6%
Equity ratio−51.1%4.4%
Current ratio6.706.60
Revenue growth–634.6%

Accounts

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

Key figure20242025
Operating revenue0.1 MNOK0.5 MNOK
Operating profit−0.1 MNOK0.1 MNOK
Profit before tax−0.1 MNOK0.1 MNOK
Net profit−0.1 MNOK0.1 MNOK
Financial expenses0.0 MNOK0.0 MNOK
Total assets0.1 MNOK0.5 MNOK
Current assets0.1 MNOK0.5 MNOK
Equity−0.1 MNOK0.0 MNOK
Retained earnings−0.1 MNOK0.0 MNOK
Total liabilities0.2 MNOK0.4 MNOK
Current liabilities0.0 MNOK0.1 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 6362759.

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