Team Data System AS

Org. no. 975950476 · Oslo · Founded 1995 · 8 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 2023

48of 100

How to read this: the company is ahead of 46 % of companies in the Morning class Micro in the same sector in 2023. What does this mean?

Rank in the Morning class Micro: 2,017 of 3,752 · What are Morning company classes?
Place in the whole sector: 3,209 of 5,888 · Informasjon og kommunikasjon

Profile

Elephant · Steward

Lower profitability, high resilience

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 34 and resilience 64 out of 100 among companies in the Morning class Micro in the same sector in 2023. Methodology

Against the sector

Team Data System AS is 2 points below the median for companies in the Morning class Micro in the same sector in 2023.

Median score 50 among 3,750 companies.

Against companies in the Morning class Micro in the same sector in 2023: operating margin 0.8% (median 5.9%) and equity ratio 82.3% (median 39.6%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 6 November 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue8 MNOK2 MNOK
Operating margin 0.8% 5.9% 36 %
Profit margin 0.5% 6.1% shown, not part of the index
Return on assets 0.7% 11.1% 32 %
Equity ratio 82.3% 39.6% 90 %
Debt-to-equity 0.21 1.13 88 %
Current ratio 1.15 1.56 32 %
Revenue growth – 0.0% not compared
Revenue per employee1.06 MNOK0.69 MNOK

The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 48, Team Data System AS does better than 46% of companies in the Morning class Micro in the same sector (3,752 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Team Data System AS
  • Median: companies in the Morning class Micro in the same sector
Working capital and debt · 2023

Working capital and debt

Working capital and debt · 2023
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.
−6.6% −8.9% 55 %
Cash share of current assets
How much of the short-term buffer is bank deposits and cash.
48.6% 56.2% 43 %
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.
2.3 7.9 42 %
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.
1.6% 0.5% 66 %
Long-term share of debt
Long-term debt as a share of all debt. A low share means more falls due within a year.
25.9% 0.0% 82 %

Net working capital (current assets less bank deposits less current liabilities): −0.6 MNOK.

The median and the bar refer to companies in the Morning class Micro in the same sector in 2023. 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.

Analysis · 2023

What the numbers say

Team Data System AS had an operating margin of 0.8% and an equity ratio of 82.3% in 2023, and ranks 3,209 of 5,888 in Informasjon og kommunikasjon.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 1 MNOK and 19 MNOK.

MethodInputMultipleListed basisEstimate
P/E Net profit: 0.1 MNOK 18.0 2 MNOK 1 MNOK
EV/EBIT Operating profit: 0.1 MNOK
less net debt −0.3 MNOK (rough figure)
14.9 1 MNOK 1 MNOK
P/B Equity: 8.6 MNOK 3.6 31 MNOK 19 MNOK
EV/EBIT: from enterprise value to equityNOK
Enterprise value (EV) at the listed multiple1 MNOK
Enterprise value after the size adjustment1 MNOK
Less net debt (rough figure)0 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 −44% 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 (62): Computer 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 · 2023

Worth a closer look

  • 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 −6.6% (median −8.9%); Current ratio 1.15 (median 1.56).

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

Financial costs were 1.6% of the debt in 2023. The policy rate averaged 3.54 % 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 · 2022

Scenario analysis: the sector's weakest year

We have no accounts for 2022, the sector's weakest year, for this company.

The sector's weakest year was 2022, with a median operating margin of 4.6%. Based on the 8 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability34 weight 40%
Solidity89 weight 20%
Liquidity32 weight 5%
Growth– no data, left out
Consistency29 weight 10%

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

Index version 3. Data completeness 75%: the share of the weights that had data.

2023

Questions and answers

How profitable is Team Data System AS?

The operating margin was 0.8% in 2023, against a median of 5.9% among companies in the Morning class Micro in the same sector. Return on assets was 0.7%.

How solid is Team Data System AS?

The equity ratio was 82.3% in 2023 (median 39.6%). Debt-to-equity was 0.21 (median 1.13).

What is the liquidity of Team Data System AS like?

The current ratio was 1.15 in 2023 (median 1.56).

How does Team Data System AS compare in Informasjon og kommunikasjon?

Team Data System AS ranks 3,209 of 5,888 in Informasjon og kommunikasjon for 2023. Among companies in the Morning class Micro it is number 2,017 of 3,752.

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.

No owner holds more than half of the shares in Eivind Dahl AS.

Eivind Dahl 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
Informasjon og kommunikasjon (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
8 in all. Oslo 8 Registered employees in the Central Coordinating Register, by the municipality of the business address. Employees may work elsewhere.
Loss
1 company: Team Data System AS

A subsidiary with negative equity or a loss may be backed by the group, for example with group contributions or guarantees. It is an indication of what is worth asking about, not an assessment.

  • Eivind Dahl AS not in our data
    • Team Data System AS you are here 80% owned · operating · index 39 · number 4849 of 6719 in Informasjon og kommunikasjon

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.
975950476
Legal form
AS
Sector
Informasjon og kommunikasjon (62.200)
Morning company class
Micro
Employees
8 registered 10 October 2026
Founded
1 October 1995 31 years in operation
Share capital
5.78 MNOK
Business address
Olav Vs gate 1, 0161 OSLO
Municipality
Oslo rank 63–220 of 357 in Norway
Latest accounts filed
2025
The company's business municipality, Oslo. 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
3 (one owner holds more than half)
Largest owner
80.0%
Split
companies 80% · private persons 20% · foreign 0%
Owned from the same municipality
0%
Group chain
Owned by: Eivind Dahl AS (80%)
Ultimate owner: Eivind Dahl AS

Change 2007–2025: 85% of the shares changed owner (2 new and 1 departed owners). The majority owner changed.
New owners (companies): Eivind Dahl AS

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 6 November 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index485739
Rank3,2092,3124,849
Operating margin0.8%2.3%−6.9%
Return on assets0.7%2.3%−6.3%
Equity ratio82.3%83.3%86.7%
Current ratio1.151.431.18
Revenue growth–24.6%−14.1%

Accounts

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

Key figure202320242025
Operating revenue8.5 MNOK10.6 MNOK9.1 MNOK
Operating profit0.1 MNOK0.2 MNOK−0.6 MNOK
Profit before tax0.0 MNOK0.2 MNOK−0.6 MNOK
Tax expense−0.1 MNOK0.0 MNOK−0.1 MNOK
Net profit0.1 MNOK0.2 MNOK−0.5 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets10.5 MNOK10.6 MNOK9.6 MNOK
Current assets1.6 MNOK2.2 MNOK1.5 MNOK
Equity8.6 MNOK8.8 MNOK8.3 MNOK
Retained earnings0.1 MNOK0.3 MNOK−0.2 MNOK
Total liabilities1.9 MNOK1.8 MNOK1.3 MNOK
Current liabilities1.4 MNOK1.5 MNOK1.3 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 6 November 2026, accounts id 4694717.