Shift Security AS

Org. no. 933831922 · Asker · Founded 2024 · 10 employees

Score · fiscal year 2025

58of 100

How to read this: the company is ahead of 68 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?

Rank in the Morning class Micro: 381 of 1,181 · What are Morning company classes?
Place in the whole sector: 930 of 2,930 · Informasjon og kommunikasjon

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 52 and solidity 47 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology

Against the sector

Shift Security AS is 9 points above the median for companies in the Morning class Micro in the same sector in 2025.

Median score 49 among 1,179 companies.

Against companies in the Morning class Micro in the same sector in 2025: operating margin 3.4% (median 4.5%) and equity ratio 40.1% (median 38.0%).

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 revenue7 MNOK3 MNOK
Operating margin 3.4% 4.5% 46 %
Profit margin 2.5% 4.4% shown, not part of the index
Return on assets 15.0% 9.9% 58 %
Equity ratio 40.1% 38.0% 52 %
Debt-to-equity 1.49 1.05 42 %
Current ratio 1.67 1.52 54 %
Revenue growth 390.5% 5.5% 96 %
Revenue per employee0.74 MNOK0.58 MNOK

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 58, Shift Security AS does better than 68% of companies in the Morning class Micro in the same sector (1,181 companies) in 2025.

Over time

Score 2024–2025

CompanyMedian025507510020242025
  • Shift Security AS
  • Median: companies in the Morning class Micro in the same sector
Summary analysis

Shift Security AS has a score of 58 for 2025, rank 930 of 2,930 in the sector.

Strongest: Growth: percentile 96 against peers, revenue growth 390.5% against a median of 5.5%.

No area is clearly below its peers.

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

Shift Security AS had an operating margin of 3.4% and an equity ratio of 40.1% in 2025, and ranks 930 of 2,930 in Informasjon og kommunikasjon.

From 2024 to 2025: revenue grew by 390% and the operating margin fell from 10.6% to 3.4%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 1 MNOK and 2 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.2 MNOK 10.0 2 MNOK
EV/EBIT Operating profit: 0.3 MNOK
minus net debt −0.4 MNOK
8.0 2 MNOK
P/B Equity: 0.7 MNOK 1.0 1 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

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 7.7% 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 · 2026

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

Components · 2025

What the score is made of

Profitability52 weight 30%
Solidity47 weight 25%
Liquidity54 weight 15%
Growth96 weight 15%
Consistency53 weight 15%

Durability: 55 (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 Shift Security AS?

The operating margin was 3.4% in 2025, against a median of 4.5% among companies in the Morning class Micro in the same sector. Return on assets was 15.0%.

How solid is Shift Security AS?

The equity ratio was 40.1% in 2025 (median 38.0%). Debt-to-equity was 1.49 (median 1.05).

What is the liquidity of Shift Security AS like?

The current ratio was 1.67 in 2025 (median 1.52).

How does Shift Security AS compare in Informasjon og kommunikasjon?

Shift Security AS ranks 930 of 2,930 in Informasjon og kommunikasjon for 2025. Among companies in the Morning class Micro it is number 381 of 1,181. Revenue changed by 390.5% from the year before.

From the Central Coordinating Register

Org. no.
933831922
Legal form
AS
Sector
Informasjon og kommunikasjon (62.200)
Morning company class
Micro
Employees
10 registered 10 August 2026
Founded
6 June 2024 2 years in operation
Share capital
0.40 MNOK
Business address
Storsandveien 36, 3475 SÆTRE (ASKER)
Municipality
Asker rank 2 of 11 in KOSTRA group 12
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
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: Shift Holding AS (100%)
Ultimate owner: Holmsen Holding AS

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

Figures last fetched 5 November 2026.

Details

Year by year · 2024–2025

Key figure20242025Trend
Index5358
Rank1,280930
Operating margin10.6%3.4%
Return on assets13.7%15.0%
Equity ratio43.6%40.1%
Current ratio1.771.67
Revenue growth–390.5%

Accounts

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

Key figure20242025
Operating revenue1.5 MNOK7.4 MNOK
Operating profit0.2 MNOK0.3 MNOK
Profit before tax0.2 MNOK0.2 MNOK
Tax expense––
Net profit0.1 MNOK0.2 MNOK
Financial expenses0.0 MNOK0.1 MNOK
Total assets1.2 MNOK1.8 MNOK
Current assets1.2 MNOK1.8 MNOK
Equity0.5 MNOK0.7 MNOK
Retained earnings0.1 MNOK0.3 MNOK
Total liabilities0.7 MNOK1.0 MNOK
Current liabilities0.7 MNOK1.0 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 5 November 2026, accounts id 6616551.