Exsitec Clockwork AS
Score · fiscal year 2025
40of 100
How to read this: the company is ahead of 28 % of companies in the Morning class Small in the same sector in 2025. What does this mean?
Rank in the Morning class Small: 758 of 1,047 · What are Morning company classes?
Place in the whole sector: 2,258 of 3,186 · 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 73 and solidity 13 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology
Against the sector
Exsitec Clockwork AS is 10 points below the median for companies in the Morning class Small in the same sector in 2025.
Median score 50 among 1,047 companies.
Against companies in the Morning class Small in the same sector in 2025: operating margin 15.0% (median 4.9%) and equity ratio 7.4% (median 34.1%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 21 MNOK | 23 MNOK |
| Operating margin | 15.0% | 4.9% |
| Profit margin | 15.9% | 5.0% |
| Return on assets | 17.1% | 9.2% |
| Equity ratio | 7.4% | 34.1% |
| Debt-to-equity | 12.43 | 1.65 |
| Current ratio | 1.02 | 1.33 |
| Revenue growth | – | 7.8% |
| Revenue per employee | 1.92 MNOK | 1.77 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 40, Exsitec Clockwork AS does better than 28% of companies in the Morning class Small in the same sector (1,047 companies) in 2025.
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.
Exsitec Clockwork AS has a score of 40 for 2025, rank 2,258 of 3,186 in the sector.
Strongest: Profitability: percentile 73 against peers, operating margin 15.0% against a median of 4.9%.
Weakest: Solidity: percentile 13 against peers, equity ratio 7.4% against a median of 34.1%. Liquidity: percentile 26 against peers, current ratio 1.02 against a median of 1.33.
Worth a closer look
- The equity ratio is very low. Could the company absorb a bad year, and does it need more equity? Based on: equity ratio 7.4% (median 34.1%).
- What lies behind weak solidity, and will it last?
- What lies behind weak liquidity, and will it last?
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?
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 Exsitec Clockwork AS. The figures stand side by side; we claim no cause.
Service prices: information and communication (indeks (2021 = 100))
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Service prices: information and communication, annual average | 100.0 | 103.3 | 108.7 | 112.2 | 116.7 | 120.0 (so far) |
| Change from the year before | – | +3.2% | +5.3% | +3.2% | +4.0% | +2.8% |
| The company's operating margin | – | – | – | – | 15.0% | – |
Source: SSB (14335, CC BY 4.0). Source
Turnover index: information and communication (indeks (2021 = 100))
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Turnover index: information and communication, annual average | 99.6 | 111.4 | 126.4 | 128.3 | 134.2 | 141.3 (so far) |
| Change from the year before | +14.7% | +11.8% | +13.5% | +1.5% | +4.6% | +5.3% |
| The company's operating margin | – | – | – | – | 15.0% | – |
Source: SSB (13863, CC BY 4.0). Source
USD/NOK (kr)
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| USD/NOK, annual average | 8.59 | 9.61 | 10.56 | 10.75 | 10.39 | 9.54 (so far) |
| Change from the year before | −8.8% | +11.9% | +9.9% | +1.7% | −3.3% | −8.2% |
| The company's operating margin | – | – | – | – | 15.0% | – |
Source: Norges Bank (EXR, NLOD 2.0). Source
Policy rate (prosent)
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Policy rate, annual average | 0.08 | 1.32 | 3.54 | 4.50 | 4.30 | 4.17 (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 | – | – | – | – | 15.0% | – |
Source: Norges Bank (IR, NLOD 2.0). Source
Consumer price index (indeks (2025 = 100))
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Consumer price index, annual average | 84.3 | 89.2 | 94.1 | 97.0 | 100.0 | 102.9 (so far) |
| Change from the year before | +3.5% | +5.8% | +5.5% | +3.2% | +3.0% | +2.9% |
| The company's operating margin | – | – | – | – | 15.0% | – |
Source: SSB (14710, CC BY 4.0). Source
Wage index: IT services (indeks)
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Wage index: IT services, annual average | 84.9 | 87.8 | 92.3 | 97.3 | 101.5 | 105.4 (so far) |
| Change from the year before | +4.9% | +3.5% | +5.1% | +5.4% | +4.4% | +3.8% |
| The company's operating margin | – | – | – | – | 15.0% | – |
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.
What the numbers say
Exsitec Clockwork AS had an operating margin of 15.0% and an equity ratio of 7.4% in 2025, and ranks 2,258 of 3,186 in Informasjon og kommunikasjon.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 2 MNOK and 23 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 17.7 | 23 MNOK |
| EV/EBIT | 14.3 | 22 MNOK |
| P/B | 2.6 | 2 MNOK |
The listed basis is the value at listed multiples. The estimate is lowered by 51% for an unlisted company: 20% for lack of marketability and 38% for size (a small-company premium of 4% on the cost of equity).
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
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 7.4% (median 34.1%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.3% 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.
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
What the score is made of
| Profitability | 73 | weight 30% |
|---|---|---|
| Solidity | 13 | weight 25% |
| Liquidity | 26 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 35 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is Exsitec Clockwork AS?
The operating margin was 15.0% in 2025, against a median of 4.9% among companies in the Morning class Small in the same sector. Return on assets was 17.1%.
How solid is Exsitec Clockwork AS?
The equity ratio was 7.4% in 2025 (median 34.1%). Debt-to-equity was 12.43 (median 1.65).
What is the liquidity of Exsitec Clockwork AS like?
The current ratio was 1.02 in 2025 (median 1.33).
How does Exsitec Clockwork AS compare in Informasjon og kommunikasjon?
Exsitec Clockwork AS ranks 2,258 of 3,186 in Informasjon og kommunikasjon for 2025. Among companies in the Morning class Small it is number 758 of 1,047.
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
20 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.
No owner holds more than half of the shares in Amesto Group AS.
Amesto Group AS has not filed group accounts in open data, so the group has no index of its own. Each company has its own accounts.
-
Amesto Group AS
-
Exsitec Solutions Holding AS
-
Exsitec Techhouse AS
- Exsitec Clockwork AS you are here
- Exsitec Solutions AS
-
-
Org. no. 993161446
- Org. no. 825715622
-
Org. no. 936553273
- Amesto People Technology AS
-
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.
- 935147972
- Legal form
- AS · part of a group
- Sector
- Informasjon og kommunikasjon (62.200)
- Morning company class
- Small
- Employees
- 11 registered 10 September 2026
- Founded
- 25 October 2024 2 years in operation
- Share capital
- 0.10 MNOK
- Business address
- Hovfaret 17, 0275 OSLO
- Municipality
- Oslo rank 63–220 of 357 in Norway
- 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: Exsitec Techhouse AS (100%)
Ultimate owner: Amesto Group AS
- Amesto Techhouse AS · 100.0%
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.
Figures last fetched 5 November 2026.
Year by year
Trends appear once there is more than one fiscal year.
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2025 |
|---|---|
| Operating revenue | 21.1 MNOK |
| Operating profit | 3.2 MNOK |
| Profit before tax | 3.3 MNOK |
| Tax expense | 0.7 MNOK |
| Net profit | 2.6 MNOK |
| Financial expenses | 0.1 MNOK |
| Total assets | 19.9 MNOK |
| Current assets | 18.8 MNOK |
| Equity | 1.5 MNOK |
| Retained earnings | 1.0 MNOK |
| Total liabilities | 18.4 MNOK |
| Current liabilities | 18.4 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 5 November 2026, accounts id 6432227.
Further
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