Wright Holding AS

Org. no. 976843401 · Oslo · Founded 1996 · 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

69of 100

How to read this: the company is ahead of 83 % of companies in the Morning class Small in the same sector in 2025. What does this mean?

Rank in the Morning class Small: 177 of 1,064 · What are Morning company classes?
Place in the whole sector: 531 of 3,245 · Undervisning

Profile

Lion · Leader

High profitability, high resilience

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 72 and resilience 61 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology

Against the sector

Wright Holding AS is 18 points above the median for companies in the Morning class Small in the same sector in 2025.

Median score 51 among 1,064 companies.

Against companies in the Morning class Small in the same sector in 2025: operating margin 68.9% (median 3.3%) and equity ratio 35.0% (median 22.6%).

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 revenue29 MNOK18 MNOK
Operating margin 68.9% 3.3% 100 %
Profit margin 31.3% 2.9% shown, not part of the index
Return on assets 6.3% 8.2% 44 %
Equity ratio 35.0% 22.6% 65 %
Debt-to-equity 1.85 2.46 59 %
Current ratio 5.57 1.19 98 %
Revenue growth 11.6% 5.6% 76 %
Revenue per employee5.72 MNOK0.71 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 69, Wright Holding AS does better than 83% of companies in the Morning class Small in the same sector (1,064 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Wright Holding AS
  • Median: companies in the Morning class Small 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.
375 days 26 days 99 %
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.
1 days 0 days 91 %
Net working capital to revenue
Current assets less bank deposits less current liabilities, divided by revenue. Negative: short-term debt funds the operations.
74.7% −9.2% 100 %
Cash share of current assets
How much of the short-term buffer is bank deposits and cash.
34.1% 53.9% 41 %
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.
1.6 4.2 37 %
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.
5.6% 0.5% 94 %
Long-term share of debt
Long-term debt as a share of all debt. A low share means more falls due within a year.
– 4.9% not compared

Net working capital (current assets less bank deposits less current liabilities): 21.4 MNOK.

Of the financial costs of 12.2 MNOK, 12.2 MNOK is reported as interest costs in the accounts.

The median and the bar refer to companies in the Morning class Small 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.

Summary analysis

Wright Holding AS has a score of 69 for 2025, rank 531 of 3,245 in the sector.

Strongest: Liquidity: percentile 98 against peers, current ratio 5.57 against a median of 1.19. Growth: percentile 75 against peers, revenue growth 11.6% against a median of 5.6%.

Weakest: Consistency: percentile 39 against peers.

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 Wright Holding AS rose by 4.3 percentage points. Comparable companies rose by a median 1.2 points. So the company did 3.1 points better than the industry, for reasons of its own.

Over 2 year-to-year changes Wright Holding AS moved the same way as comparable companies 1 times. About 4% of the changes in operating margin were common to the industry; the rest was the company's own.

The operating margin of Wright Holding AS against comparable companies, year by year
YearThe companyComparable (median) Change, companyChange, industryThe company's own
202464.6%2.1% +34.5 percentage points −0.5 percentage points +34.9 percentage points
202568.9%3.3% +4.3 percentage points +1.2 percentage points +3.1 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 Wright Holding AS. The figures stand side by side; we claim no cause.

Consumer price index (indeks (2025 = 100))

Consumer price index rose 3.0% in 2025; the operating margin of Wright Holding AS rose 4.3 percentage points.

Consumer price index per year and the operating margin of Wright Holding AS
Measure202120222023202420252026
Consumer price index, annual average84.389.294.197.0100.0103.0 (so far)
Change from the year before+3.5%+5.8%+5.5%+3.2%+3.0%+3.0%
The company's operating margin––30.1%64.6%68.9%–

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

Policy rate (prosent)

Policy rate fell 0.20 percentage points in 2025; the operating margin of Wright Holding AS rose 4.3 percentage points.

Policy rate per year and the operating margin of Wright Holding 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––30.1%64.6%68.9%–

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

Wage index: education (indeks)

Wage index: education rose 4.7% in 2025; the operating margin of Wright Holding AS rose 4.3 percentage points.

Wage index: education per year and the operating margin of Wright Holding AS
Measure202120222023202420252026
Wage index: education, annual average88.691.896.8101.8106.7110.5 (so far)
Change from the year before+1.9%+3.6%+5.5%+5.2%+4.7%+3.6%
The company's operating margin––30.1%64.6%68.9%–

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

Wright Holding AS had an operating margin of 68.9% and an equity ratio of 35.0% in 2025, and ranks 531 of 3,245 in Undervisning.

From 2024 to 2025: the operating margin rose from 64.6% to 68.9% and revenue grew by 12%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 126 MNOK and 145 MNOK.

MethodInputMultipleListed basisEstimate
P/E Net profit (mean 2023–2025): −1.6 MNOK 14.8 – not meaningful
EV/EBIT Operating profit (mean 2023–2025): 13.4 MNOK
less net debt −15.2 MNOK (rough figure)
12.2 178 MNOK 126 MNOK
P/B Equity: 118.5 MNOK 1.8 213 MNOK 145 MNOK
EV/EBIT: from enterprise value to equityNOK
Enterprise value (EV) at the listed multiple163 MNOK
Enterprise value after the size adjustment111 MNOK
Less net debt (rough figure)−15 MNOK
Equity value126 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.

The listed basis is the value at listed multiples. The estimate is lowered for size: a small-company premium of 3% on the cost of equity gives a value 32% 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: Education.

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

  • watch

    Receivables equal far more days of revenue than at comparable companies. Do customers pay late, or are these loans to companies in the same group?

    Based on: Receivable days 375 days (median 26 days).

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

Financial costs were 5.6% 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 −5.7%. 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

Profitability72 weight 40%
Solidity62 weight 20%
Liquidity98 weight 5%
Growth75 weight 25%
Consistency39 weight 10%

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

Durability: 74 (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 Wright Holding AS?

The operating margin was 68.9% in 2025, against a median of 3.3% among companies in the Morning class Small in the same sector. Return on assets was 6.3%.

How solid is Wright Holding AS?

The equity ratio was 35.0% in 2025 (median 22.6%). Debt-to-equity was 1.85 (median 2.46).

What is the liquidity of Wright Holding AS like?

The current ratio was 5.57 in 2025 (median 1.19).

How does Wright Holding AS compare in Undervisning?

Wright Holding AS ranks 531 of 3,245 in Undervisning for 2025. Among companies in the Morning class Small it is number 177 of 1,064. Revenue changed by 11.6% 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.

Tungbilskolen AS: 37 / 39Halaas Trafikkskole AS: 76 / 32Gerds Trafikkskole AS: 56 / 45Wright Holding AS: 72 / 61Metro Trafikkskole AS: 88 / 43SVEIN SVENDSEN & Sønn Trafikkskole AS: 68 / 61Agder Storbilskole AS: 93 / 76Olavs Trafikkskole AS: 75 / 26Agere Trafikkskole AS: 65 / 6500252550507575100100Resilience, percentile against peers →↑ Profitability, percentile against peers

CompanyProfileOperating revenueOperating marginScore
Tungbilskolen AS Beaver 32 MNOK 2.0% 43
Halaas Trafikkskole AS Cheetah 30 MNOK 8.6% 58
Gerds Trafikkskole AS Cheetah 29 MNOK 4.5% 56
Wright Holding AS (this company) Lion 29 MNOK 68.9% 69
Metro Trafikkskole AS Cheetah 28 MNOK 12.9% 73
SVEIN SVENDSEN & Sønn Trafikkskole AS Lion 27 MNOK 7.0% 53
Agder Storbilskole AS Lion 26 MNOK 20.5% 76
Olavs Trafikkskole AS Cheetah 24 MNOK 8.7% 54
Agere Trafikkskole AS Lion 24 MNOK 6.2% 57

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

Group accounts · 2025

59 of 100

Rank 3 of 9 groups in Undervisning. Groups are ranked only against other groups in the same sector, never against single companies.

Operating revenue, group
481 MNOK
Operating profit, group
23 MNOK
Profit before tax, group
6 MNOK
Total assets, group
632 MNOK
Equity, group
152 MNOK
Key figures in the group accounts against the company's own accounts
Key figureThe groupThe company alone (2025)
Operating margin4.7% 68.9%
Return on assets4.0% 6.3%
Equity ratio24.1% 35.0%
Current ratio0.60 5.57
Revenue growth6.4% 11.6%

Group index in earlier years: 2023: 57 (5 of 12), 2024: 52 (4 of 11).

Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.

Source: Brønnøysund Register Centre, group accounts 2025 (open data, NLOD 2.0).

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

17 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 Wright Holding AS. Persons are not shown by name.

Group accounts. Wright Holding AS for 2025: index 59 of 100, number 3 of 9 groups.

The group in figures

Sectors
Undervisning (7 companies), Eiendom (7 companies), Informasjon og kommunikasjon (1 company), Overnatting og servering (1 company), Forretningsmessig tjenesteyting (1 company) 17 of 17 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
355 in all. Oslo 282, Trondheim 41, Sandnes 12, Skien 11, Melhus 9 Registered employees in the Central Coordinating Register, by the municipality of the business address. Employees may work elsewhere.
Negative equity
2 companies: Infinity Drift AS, Wright Corner Pub AS
Loss
2 companies: Infinity Drift AS, Kjøretøy og Maskin Utleie AS
Changed 2024–2025
1 company joined the group: Melhus Trafikkskole 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.

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.
976843401
Legal form
AS · part of a group
Sector
Undervisning (85.531)
Morning company class
Small
Employees
5 registered 10 June 2026
Founded
1 October 1996 30 years in operation
Share capital
0.10 MNOK
Business address
Sørengkaia 70, 0194 OSLO
Municipality
Oslo rank 63–220 of 357 in Norway
Latest accounts filed
2025
LEI
549300VSHDWYP5HO6W02 not renewed (lapsed)
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.

Parent company
No parent company: owned by persons

Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 30 October 2026. The parent is the one the company itself reported to GLEIF.

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

Change 2007–2025: no material change in the owners.

Majority owner of: Wright's Eiendom AS (100%), Wright Corner Pub AS (100%), Sørengkaia 70 AS (100%), Sørengkaia AS (100%), Wright Apartments AS (100%), Garver Ytterborgsvei 96 AS (100%), Hafjell Lodge AS (100%), Lodgehyttene AS (100%)

The portfolio: 10 of the companies it owns shares in have accounts with us, 9 of them as majority owner. The average index is 55. 1 have negative equity and 1 made a loss in the latest year.

Holds shares in: Wright Group Holding AS (96%), Topcamp Holding AS (1%), Wright's Eiendom AS (100%), Garver Ytterborgsvei 96 AS (100%), Hafjell Lodge AS (100%), Lodgehyttene AS (100%), Wright Corner Pub AS (100%), Sørengkaia 70 AS (100%)

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 8 November 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index738069
Rank558171531
Operating margin30.1%64.6%68.9%
Return on assets1.6%5.7%6.3%
Equity ratio35.4%36.4%35.0%
Current ratio19.5512.495.57
Revenue growth–105.1%11.6%

Accounts

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

Key figure202320242025
Operating revenue12.5 MNOK25.7 MNOK28.6 MNOK
Operating profit3.8 MNOK16.6 MNOK19.7 MNOK
Profit before tax−4.7 MNOK2.9 MNOK9.0 MNOK
Tax expense0.3 MNOK5.1 MNOK6.4 MNOK
Net profit−5.0 MNOK−2.3 MNOK2.5 MNOK
Financial expenses10.3 MNOK15.5 MNOK12.2 MNOK
Total assets345.5 MNOK324.3 MNOK338.2 MNOK
Current assets41.2 MNOK22.4 MNOK44.6 MNOK
Equity122.3 MNOK118.0 MNOK118.5 MNOK
Retained earnings122.2 MNOK117.9 MNOK118.4 MNOK
Total liabilities223.2 MNOK206.3 MNOK219.7 MNOK
Current liabilities2.1 MNOK1.8 MNOK8.0 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 8 November 2026, accounts id 7194555.