AS STETTE DATA

Org. no. 937195281 · Ålesund · Founded 1985 · 5 employees

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

58of 100

How to read this: the company is ahead of 65 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?

Rank in the Morning class Micro: 1,600 of 4,564 · What are Morning company classes?
Place in the whole sector: 2,016 of 5,845 · Revisjon, regnskap og rådgivning

Profile

Lion · Leader

High profitability, high resilience

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 51 and resilience 81 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology

Against the sector

AS STETTE DATA is 7 points above the median for companies in the Morning class Micro in the same sector in 2025.

Median score 51 among 4,562 companies.

Against companies in the Morning class Micro in the same sector in 2025: operating margin 12.4% (median 11.1%) and equity ratio 76.5% (median 42.2%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 8 November 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue5 MNOK3 MNOK
Operating margin 12.4% 11.1% 52 %
Profit margin 12.9% 11.8% shown, not part of the index
Return on assets 18.7% 18.8% 50 %
Equity ratio 76.5% 42.2% 83 %
Debt-to-equity 0.31 1.18 81 %
Current ratio 4.23 1.64 85 %
Revenue growth −5.3% 7.1% 25 %
Revenue per employee1.05 MNOK0.93 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, AS STETTE DATA does better than 65% of companies in the Morning class Micro in the same sector (4,564 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • AS STETTE DATA
  • 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.
coming – not compared
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.
coming – not compared
Net working capital to revenue
Current assets less bank deposits less current liabilities, divided by revenue. Negative: short-term debt funds the operations.
0.3% −7.3% 69 %
Cash share of current assets
How much of the short-term buffer is bank deposits and cash.
75.9% 54.7% 72 %
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.
32.5 28.6 51 %
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.
2.3% 0.4% 71 %
Long-term share of debt
Long-term debt as a share of all debt. A low share means more falls due within a year.
– 1.3% not compared

Net working capital (current assets less bank deposits less current liabilities): 0.0 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.

Receivable days and inventory are shown once older accounts have been read again from the raw data. This happens by itself, without new calls to the Brønnøysund Register Centre.

Summary analysis

AS STETTE DATA has a score of 58 for 2025, rank 2,016 of 5,845 in the sector.

Strongest: Liquidity: percentile 85 against peers, current ratio 4.23 against a median of 1.64. Solidity: percentile 82 against peers, equity ratio 76.5% against a median of 42.2%.

Weakest: Growth: percentile 36 against peers, revenue growth −5.3% against a median of 7.1%.

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

The industry or the company: what drove the result?

In 2025 the operating margin of AS STETTE DATA fell by 0.4 percentage points. Comparable companies fell by a median 0.4 points. So the company did 0.1 points weaker than the industry, for reasons of its own.

Over 2 year-to-year changes AS STETTE DATA moved the same way as comparable companies 1 times. About 22% of the changes in operating margin were common to the industry; the rest was the company's own.

The operating margin of AS STETTE DATA against comparable companies, year by year
YearThe companyComparable (median) Change, companyChange, industryThe company's own
202412.9%11.5% +3.5 percentage points −0.9 percentage points +4.4 percentage points
202512.4%11.1% −0.4 percentage points −0.4 percentage points −0.1 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 AS STETTE DATA. The figures stand side by side; we claim no cause.

Turnover index: legal and accounting activities (indeks (2021 = 100))

Turnover index: legal and accounting activities rose 4.8% in 2025; the operating margin of AS STETTE DATA fell 0.4 percentage points.

Turnover index: legal and accounting activities per year and the operating margin of AS STETTE DATA
Measure202120222023202420252026
Turnover index: legal and accounting activities, annual average100.4107.7127.0135.2141.7149.6 (so far)
Change from the year before+8.7%+7.3%+17.9%+6.4%+4.8%+5.5%
The company's operating margin––9.3%12.9%12.4%–

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

Turnover index: management consultancy (indeks (2021 = 100))

Turnover index: management consultancy rose 6.5% in 2025; the operating margin of AS STETTE DATA fell 0.4 percentage points.

Turnover index: management consultancy per year and the operating margin of AS STETTE DATA
Measure202120222023202420252026
Turnover index: management consultancy, annual average99.4104.0114.9116.0123.6128.7 (so far)
Change from the year before+17.3%+4.6%+10.5%+1.0%+6.5%+4.1%
The company's operating margin––9.3%12.9%12.4%–

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

Service prices: legal and accounting (indeks (2021 = 100))

Service prices: legal and accounting rose 4.9% in 2025; the operating margin of AS STETTE DATA fell 0.4 percentage points.

Service prices: legal and accounting per year and the operating margin of AS STETTE DATA
Measure202120222023202420252026
Service prices: legal and accounting, annual average100.0104.8111.8117.4123.2127.0 (so far)
Change from the year before+3.4%+4.8%+6.7%+5.0%+4.9%+3.1%
The company's operating margin––9.3%12.9%12.4%–

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

Consumer price index (indeks (2025 = 100))

Consumer price index rose 3.0% in 2025; the operating margin of AS STETTE DATA fell 0.4 percentage points.

Consumer price index per year and the operating margin of AS STETTE DATA
Measure202120222023202420252026
Consumer price index, annual average84.389.294.197.0100.0102.9 (so far)
Change from the year before+3.5%+5.8%+5.5%+3.2%+3.0%+2.9%
The company's operating margin––9.3%12.9%12.4%–

Source: SSB (14710, CC BY 4.0). Source

Policy rate (prosent)

Policy rate fell 0.20 percentage points in 2025; the operating margin of AS STETTE DATA fell 0.4 percentage points.

Policy rate per year and the operating margin of AS STETTE DATA
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––9.3%12.9%12.4%–

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

Wage index: legal and accounting (indeks)

Wage index: legal and accounting rose 5.4% in 2025; the operating margin of AS STETTE DATA fell 0.4 percentage points.

Wage index: legal and accounting per year and the operating margin of AS STETTE DATA
Measure202120222023202420252026
Wage index: legal and accounting, annual average86.289.893.999.1104.4108.4 (so far)
Change from the year before+5.1%+4.3%+4.5%+5.6%+5.4%+3.8%
The company's operating margin––9.3%12.9%12.4%–

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

AS STETTE DATA had an operating margin of 12.4% and an equity ratio of 76.5% in 2025, and ranks 2,016 of 5,845 in Revisjon, regnskap og rådgivning.

From 2024 to 2025: the equity ratio rose from 68.4% to 76.5%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 7 MNOK and 9 MNOK.

MethodInputMultipleListed basisEstimate
P/E Net profit (mean 2023–2025): 0.5 MNOK 22.4 11 MNOK 7 MNOK
EV/EBIT Operating profit (mean 2023–2025): 0.6 MNOK
less net debt −2.8 MNOK (rough figure)
17.4 14 MNOK 9 MNOK
P/B Equity: 2.9 MNOK 4.1 12 MNOK 7 MNOK
EV/EBIT: from enterprise value to equityNOK
Enterprise value (EV) at the listed multiple11 MNOK
Enterprise value after the size adjustment7 MNOK
Less net debt (rough figure)−3 MNOK
Equity value9 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 −43% 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: Business & Consumer Services.

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

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 2.3% 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.

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 5.4%. Based on the 9 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability51 weight 40%
Solidity82 weight 20%
Liquidity85 weight 5%
Growth36 weight 25%
Consistency76 weight 10%

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

Durability: 58 (average over 3 years)

Index version 3. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is AS STETTE DATA?

The operating margin was 12.4% in 2025, against a median of 11.1% among companies in the Morning class Micro in the same sector. Return on assets was 18.7%.

How solid is AS STETTE DATA?

The equity ratio was 76.5% in 2025 (median 42.2%). Debt-to-equity was 0.31 (median 1.18).

What is the liquidity of AS STETTE DATA like?

The current ratio was 4.23 in 2025 (median 1.64).

How does AS STETTE DATA compare in Revisjon, regnskap og rådgivning?

AS STETTE DATA ranks 2,016 of 5,845 in Revisjon, regnskap og rådgivning for 2025. Among companies in the Morning class Micro it is number 1,600 of 4,564. Revenue changed by −5.3% 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.

Stene Regnskap AS: 49 / 41Elto Regnskap AS: 26 / 66Knif AS: 26 / 69Pensum Business Services AS: 71 / 49Maks Regnskap AS: 51 / 66Toni Economi AS: 37 / 56AS STETTE DATA: 51 / 81Skagerak Økonomipartner AS: 35 / 46Økonomiglimt AS: 44 / 2500252550507575100100Resilience, percentile against peers →↑ Profitability, percentile against peers

CompanyProfileOperating revenueOperating marginScore
Stene Regnskap AS Beaver 5 MNOK 7.0% 49
Elto Regnskap AS Elephant 5 MNOK 1.6% 42
Knif AS Elephant 5 MNOK −143.7% 42
Pensum Business Services AS Cheetah 5 MNOK 20.1% 60
Maks Regnskap AS Lion 5 MNOK 14.5% 53
Toni Economi AS Elephant 5 MNOK 4.7% 46
AS STETTE DATA (this company) Lion 5 MNOK 12.4% 58
Skagerak Økonomipartner AS Beaver 5 MNOK 4.4% 42
Økonomiglimt AS Beaver 5 MNOK 7.3% 34

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

Group structure · 2025

2 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 Jon Stette AS. Persons are not shown by name.

Jon Stette 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
Revisjon, regnskap og rådgivning (1 company) 1 of 2 companies in the tree have accounts with us. Sectors are sorted by the companies' own revenue, which includes sales between the group's companies.
Employees in Norway
5 in all. Ålesund 5 Registered employees in the Central Coordinating Register, by the municipality of the business address. Employees may work elsewhere.
  • Jon Stette AS not in our data
    • AS Stette Data you are here 67% owned · operating · index 58 · number 2016 of 5845 in Revisjon, regnskap og rådgivning

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.
937195281
Legal form
AS
Sector
Revisjon, regnskap og rådgivning (69.202)
Morning company class
Micro
Employees
5 registered 10 September 2026
Founded
1 January 1985 41 years in operation
Share capital
0.15 MNOK
Business address
Skodjevegen 353A, 6260 SKODJE (ÅLESUND)
Municipality
Ålesund rank 2–6 of 10 in KOSTRA group 11
Latest accounts filed
2025
Website
www.stettedata.no
The company's business municipality, Ålesund. 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 1 November 2026. Only names are shown.

Shareholders (2025)

Number of shareholders
2 (one owner holds more than half)
Largest owner
66.7%
Split
companies 67% · private persons 33% · foreign 0%
Owned from the same municipality
100%
Group chain
Owned by: Jon Stette AS (67%)
Ultimate owner: private person

Change 2007–2025: 33% of the shares changed owner (1 new and 0 departed owners).

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

Is this your company? Suggest changes or add information

Figures last fetched 8 November 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index595858
Rank1,7531,8302,016
Operating margin9.3%12.9%12.4%
Return on assets13.4%17.4%18.7%
Equity ratio70.3%68.4%76.5%
Current ratio3.353.164.23
Revenue growth–5.5%−5.3%

Accounts

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

Key figure202320242025
Operating revenue5.2 MNOK5.5 MNOK5.2 MNOK
Operating profit0.5 MNOK0.7 MNOK0.6 MNOK
Profit before tax0.5 MNOK0.7 MNOK0.7 MNOK
Tax expense0.1 MNOK0.2 MNOK0.1 MNOK
Net profit0.4 MNOK0.5 MNOK0.5 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets3.7 MNOK4.1 MNOK3.7 MNOK
Current assets3.6 MNOK4.1 MNOK3.7 MNOK
Equity2.6 MNOK2.8 MNOK2.9 MNOK
Retained earnings2.4 MNOK2.7 MNOK2.7 MNOK
Total liabilities1.1 MNOK1.3 MNOK0.9 MNOK
Current liabilities1.1 MNOK1.3 MNOK0.9 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 8 November 2026, accounts id 6541429.