Current Technology AS

Org. no. 933158314 · Sandnes · Founded 2024

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

34of 100

How to read this: the company is ahead of 22 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?

Rank in the Morning class Micro: 5,796 of 7,473 · What are Morning company classes?
Place in the whole sector: 7,877 of 10,060 · Teknisk tjenesteyting og forskning

Profile

Beaver · Builder

Lower profitability, lower resilience

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 26 and resilience 22 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology

Against the sector

Current Technology AS is 17 points below the median for companies in the Morning class Micro in the same sector in 2025.

Median score 51 among 7,469 companies.

Against companies in the Morning class Micro in the same sector in 2025: operating margin 0.0% (median 7.8%) and equity ratio 3.1% (median 43.1%).

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

How it has gone · 2024–2025

Revenue rose by 35 % from 2024 to 2025, to 3.7 MNOK. The operating margin is about the same: 0.0% in 2025 against 0.1% in 2024. The equity ratio is about the same: 3.1% in 2025 against 3.2% in 2024.

Score · 2025 34 +14 points since 2024 (better)
Operating revenue · 2025 3.7 MNOK +35% since 2024 (better)
Net profit · 2025 0.0 MNOK −99% since 2024 (weaker)
Operating margin · 2025 0.0% about the same since 2024
Equity ratio · 2025 3.1% about the same since 2024
Current ratio · 2025 1.03 about the same since 2024

Amounts in the reporting currency. The full year-by-year table is further down under «Details». See every figure year by year

Summary analysis

Current Technology AS has a score of 34 for 2025, rank 7,877 of 10,060 in the sector.

Strongest: Growth: percentile 63 against peers, revenue growth 34.8% against a median of 6.9%.

Weakest: Solidity: percentile 9 against peers, equity ratio 3.1% against a median of 43.1%. Liquidity: percentile 21 against peers, current ratio 1.03 against a median of 1.71.

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

  • watch

    The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?

    Based on: Equity ratio 3.1% (median 43.1%).

  • 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 34.8% (median 6.9%); Current ratio 1.03 (median 1.71).

  • 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 −22.6% (median −7.1%); Current ratio 1.03 (median 1.71).

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

Financial costs were 0.0% 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 · 2021

Scenario analysis: the sector's weakest year

We have no accounts for 2021, the sector's weakest year, for this company.

The sector's weakest year was 2021, with a median operating margin of −0.2%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability26 weight 40%
Solidity9 weight 20%
Liquidity21 weight 5%
Growth63 weight 25%
Consistency48 weight 10%

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

Durability: 27 (average over 2 years)

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 revenue4 MNOK2 MNOK
Operating margin 0.0% 7.8% 27 %
Profit margin 0.0% 7.8% shown, not part of the index
Return on assets 0.0% 14.1% 25 %
Equity ratio 3.1% 43.1% 15 %
Debt-to-equity 31.37 1.04 3 %
Current ratio 1.03 1.71 21 %
Revenue growth 34.8% 6.9% 75 %

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 34, Current Technology AS does better than 22% of companies in the Morning class Micro in the same sector (7,473 companies) in 2025.

Over time

Score 2024–2025

CompanyMedian025507510020242025
  • Current Technology AS
  • Median: companies in the Morning class Micro 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.
15 days 44 days 20 %
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 66 %
Net working capital to revenue
Current assets less bank deposits less current liabilities, divided by revenue. Negative: short-term debt funds the operations.
−22.6% −7.1% 19 %
Cash share of current assets
How much of the short-term buffer is bank deposits and cash.
85.3% 57.8% 81 %
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.
– 14.8 not compared
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.
0.0% 0.6% 4 %
Long-term share of debt
Long-term debt as a share of all debt. A low share means more falls due within a year.
– 2.3% not compared

Net working capital (current assets less bank deposits less current liabilities): −0.8 MNOK.

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 Current Technology AS fell by 0.1 percentage points. Comparable companies fell by a median 0.2 points. So the company did 0.2 points better than the industry, for reasons of its own.

The operating margin of Current Technology AS against comparable companies, year by year
YearThe companyComparable (median) Change, companyChange, industryThe company's own
20250.0%7.8% −0.1 percentage points −0.2 percentage points +0.2 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 Current Technology AS. The figures stand side by side; we claim no cause.

Turnover index: architectural and engineering activities (indeks (2021 = 100))

Turnover index: architectural and engineering activities rose 8.1% in 2025; the operating margin of Current Technology AS fell 0.1 percentage points.

Turnover index: architectural and engineering activities per year and the operating margin of Current Technology AS
Measure202120222023202420252026
Turnover index: architectural and engineering activities, annual average99.0108.8127.9146.4158.3155.2 (so far)
Change from the year before+9.8%+9.9%+17.5%+14.5%+8.1%−1.9%
The company's operating margin–––0.1%0.0%–

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

Turnover index: advertising and market research (indeks (2021 = 100))

Turnover index: advertising and market research rose 3.6% in 2025; the operating margin of Current Technology AS fell 0.1 percentage points.

Turnover index: advertising and market research per year and the operating margin of Current Technology AS
Measure202120222023202420252026
Turnover index: advertising and market research, annual average99.4113.5108.3106.9110.7126.1 (so far)
Change from the year before+35.1%+14.2%−4.6%−1.3%+3.6%+13.9%
The company's operating margin–––0.1%0.0%–

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

Turnover index: other professional and technical activities (indeks (2021 = 100))

Turnover index: other professional and technical activities rose 6.2% in 2025; the operating margin of Current Technology AS fell 0.1 percentage points.

Turnover index: other professional and technical activities per year and the operating margin of Current Technology AS
Measure202120222023202420252026
Turnover index: other professional and technical activities, annual average98.3121.6139.4131.0139.1158.0 (so far)
Change from the year before+29.9%+23.7%+14.6%−6.0%+6.2%+13.6%
The company's operating margin–––0.1%0.0%–

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

Service prices: architects and engineering (indeks (2021 = 100))

Service prices: architects and engineering rose 3.2% in 2025; the operating margin of Current Technology AS fell 0.1 percentage points.

Service prices: architects and engineering per year and the operating margin of Current Technology AS
Measure202120222023202420252026
Service prices: architects and engineering, annual average100.0103.6107.5111.2114.7119.4 (so far)
Change from the year before+1.2%+3.5%+3.8%+3.4%+3.2%+4.2%
The company's operating margin–––0.1%0.0%–

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

Oil price (export price of crude oil) (kr per fat)

Oil price (export price of crude oil) fell 17.6% in 2025; the operating margin of Current Technology AS fell 0.1 percentage points.

Oil price (export price of crude oil) per year and the operating margin of Current Technology AS
Measure202120222023202420252026
Oil price (export price of crude oil), annual average609979877859708881 (so far)
Change from the year before+61.1%+60.8%−10.5%−2.0%−17.6%+24.5%
The company's operating margin–––0.1%0.0%–

Source: SSB (08799, CC BY 4.0). Source

Policy rate (prosent)

Policy rate fell 0.20 percentage points in 2025; the operating margin of Current Technology AS fell 0.1 percentage points.

Policy rate per year and the operating margin of Current Technology 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–––0.1%0.0%–

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

EUR/NOK (kr)

EUR/NOK rose 0.8% in 2025; the operating margin of Current Technology AS fell 0.1 percentage points.

EUR/NOK per year and the operating margin of Current Technology AS
Measure202120222023202420252026
EUR/NOK, annual average10.1610.1011.4211.6211.7211.04 (so far)
Change from the year before−5.2%−0.6%+13.1%+1.8%+0.8%−5.8%
The company's operating margin–––0.1%0.0%–

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

Wage index: architects and engineering (indeks)

Wage index: architects and engineering rose 4.7% in 2025; the operating margin of Current Technology AS fell 0.1 percentage points.

Wage index: architects and engineering per year and the operating margin of Current Technology AS
Measure202120222023202420252026
Wage index: architects and engineering, annual average90.590.996.0100.9105.6109.2 (so far)
Change from the year before+7.4%+0.5%+5.6%+5.2%+4.7%+3.4%
The company's operating margin–––0.1%0.0%–

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

Current Technology AS had an operating margin of 0.0% and an equity ratio of 3.1% in 2025, and ranks 7,877 of 10,060 in Teknisk tjenesteyting og forskning.

From 2024 to 2025: revenue grew by 35%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 0 MNOK and 1 MNOK.

MethodInputMultipleListed basisEstimate
P/E Net profit (mean 2024–2025): 0.0 MNOK 14.9 0 MNOK 0 MNOK
EV/EBIT Operating profit (mean 2024–2025): 0.0 MNOK
less net debt −0.9 MNOK (rough figure)
14.3 1 MNOK 1 MNOK
P/B Equity: 0.0 MNOK 2.3 0 MNOK 0 MNOK
EV/EBIT: from enterprise value to equityNOK
Enterprise value (EV) at the listed multiple0 MNOK
Enterprise value after the size adjustment0 MNOK
Less net debt (rough figure)−1 MNOK
Equity value1 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 −13,310% 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 (71.1): Engineering/Construction.

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 Current Technology AS?

The operating margin was 0.0% in 2025, against a median of 7.8% among companies in the Morning class Micro in the same sector. Return on assets was 0.0%.

How solid is Current Technology AS?

The equity ratio was 3.1% in 2025 (median 43.1%). Debt-to-equity was 31.37 (median 1.04).

What is the liquidity of Current Technology AS like?

The current ratio was 1.03 in 2025 (median 1.71).

How does Current Technology AS compare in Teknisk tjenesteyting og forskning?

Current Technology AS ranks 7,877 of 10,060 in Teknisk tjenesteyting og forskning for 2025. Among companies in the Morning class Micro it is number 5,796 of 7,473. Revenue changed by 34.8% 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.

Carjam Consulting AS: 97 / 72Wind Naval Architects AS: 68 / 41Subsea Tjenester AS: 64 / 64Ruud Sertifisering AS: 54 / 58Lundtech AS: 76 / 73Current Technology AS: 26 / 22Best Solutions AS: 51 / 79SO Gjersdal AS: 25 / 73Brady Subsea Consulting AS: 87 / 4300252550507575100100Resilience, percentile against peers →↑ Profitability, percentile against peers

CompanyProfileOperating revenueOperating marginScore
Carjam Consulting AS Lion 4 MNOK 66.6% 81
Wind Naval Architects AS Cheetah 4 MNOK 13.6% 55
Subsea Tjenester AS Lion 4 MNOK 12.1% 60
Ruud Sertifisering AS Lion 4 MNOK 11.5% 52
Lundtech AS Lion 4 MNOK 47.0% 76
Current Technology AS (this company) Beaver 4 MNOK 0.0% 34
Best Solutions AS Lion 4 MNOK 8.7% 53
SO Gjersdal AS Elephant 4 MNOK −0.7% 41
Brady Subsea Consulting AS Cheetah 4 MNOK 38.8% 63

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.
933158314
Legal form
AS
Sector
Teknisk tjenesteyting og forskning (71.129)
Purpose
Tilby ingeniørtjenester, herunder, men ikke begrenset til, utvikling, design, evaluering, testing, kvalitetssikring og rådgivning på tekniske prosjekter og systemer.
Morning company class
Micro
Employees
0–4 (not registered) Payroll costs in the accounts: 3.1 MNOK (2025).
Founded
6 March 2024 2 years in operation
Share capital
0.03 MNOK
Business address
Olinehagen 1, 4306 SANDNES
Municipality
Sandnes rank 4 of 11 in KOSTRA group 12
Audit
Audit opted out from 12 March 2024
Latest accounts filed
2025
VAT registered
Yes
The company's business municipality, Sandnes. 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 0% · private persons 100% · foreign 0%
Owned from the same municipality
100%
Group chain
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.

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Figures last fetched 9 November 2026.

Details

Year by year · 2024–2025

Key figure20242025Trend
Index2034
Rank8,7967,877
Operating margin0.1%0.0%
Return on assets0.2%0.0%
Equity ratio3.2%3.1%
Current ratio1.031.03
Revenue growth–34.8%

Accounts

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

Key figure20242025
Operating revenue2.7 MNOK3.7 MNOK
Operating profit0.0 MNOK0.0 MNOK
Profit before tax0.0 MNOK0.0 MNOK
Tax expense0.0 MNOK0.0 MNOK
Net profit0.0 MNOK0.0 MNOK
Financial expenses0.0 MNOK0.0 MNOK
Total assets1.0 MNOK1.0 MNOK
Current assets1.0 MNOK1.0 MNOK
Equity0.0 MNOK0.0 MNOK
Retained earnings0.0 MNOK0.0 MNOK
Total liabilities0.9 MNOK1.0 MNOK
Current liabilities0.9 MNOK1.0 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 9 November 2026, accounts id 6346439.