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 2024

80of 100

How to read this: the company is ahead of 95 % of companies in the Morning class Small in the same sector in 2024. What does this mean?

Rank in the Morning class Small: 65 of 1,327 · What are Morning company classes?
Place in the whole sector: 171 of 3,493 · Undervisning

Profile

Lion · Leader

High profitability, high resilience

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 75 and resilience 72 out of 100 among companies in the Morning class Small in the same sector in 2024. Methodology

Against the sector

Wright Holding AS is 29 points above the median for companies in the Morning class Small in the same sector in 2024.

Median score 51 among 1,327 companies.

Against companies in the Morning class Small in the same sector in 2024: operating margin 64.6% (median 2.1%) and equity ratio 36.4% (median 15.3%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 8 November 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue26 MNOK18 MNOK
Operating margin 64.6% 2.1% 100 %
Profit margin 11.2% 1.8% shown, not part of the index
Return on assets 5.7% 5.5% 51 %
Equity ratio 36.4% 15.3% 74 %
Debt-to-equity 1.75 3.65 70 %
Current ratio 12.49 1.08 100 %
Revenue growth 105.1% 6.1% 99 %
Revenue per employee5.13 MNOK0.66 MNOK

The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 80, Wright Holding AS does better than 95% of companies in the Morning class Small in the same sector (1,327 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Wright Holding AS
  • Median: companies in the Morning class Small in the same sector
Working capital and debt · 2024

Working capital and debt

Working capital and debt · 2024
MeasureCompanyMedianHigher than
Working capital
Receivable days
All current receivables, including those on group companies, in days of revenue.
182 days 35 days 97 %
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.
0 days 0 days 92 %
Net working capital to revenue
Current assets less bank deposits less current liabilities, divided by revenue. Negative: short-term debt funds the operations.
42.8% −8.0% 99 %
Cash share of current assets
How much of the short-term buffer is bank deposits and cash.
43.1% 26.7% 58 %
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.
1.1 2.3 40 %
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.
7.5% 0.4% 99 %
Long-term share of debt
Long-term debt as a share of all debt. A low share means more falls due within a year.
99.1% 0.4% 100 %

Net working capital (current assets less bank deposits less current liabilities): 11.0 MNOK.

Of the financial costs of 15.5 MNOK, 15.5 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 2024. 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.

Analysis · 2024

What the numbers say

Wright Holding AS had an operating margin of 64.6% and an equity ratio of 36.4% in 2024, and ranks 171 of 3,493 in Undervisning.

From 2023 to 2024: the operating margin rose from 30.1% to 64.6% and revenue grew by 105%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

One method gives a figure: 145 MNOK.

MethodInputMultipleListed basisEstimate
P/E Net profit (mean 2023–2024): −3.7 MNOK 14.8 – not meaningful
EV/EBIT Operating profit (mean 2023–2024): 10.2 MNOK
less net debt 194.9 MNOK (rough figure)
12.2 – debt above value
P/B Equity: 118.0 MNOK 1.8 212 MNOK 145 MNOK
EV/EBIT: from enterprise value to equityNOK
Enterprise value (EV) at the listed multiple124 MNOK
Enterprise value after the size adjustment84 MNOK
Less net debt (rough figure)195 MNOK
Equity valuedebt above value

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 231% 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 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 · 2024

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 182 days (median 35 days).

  • watch

    The operating result covers the financial costs less than one and a half times. How much higher interest or a weaker year can the company take?

    Based on: Interest coverage (times) 1.1 (median 2.3); Financial costs as a share of debt 7.5% (median 0.4%).

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

Financial costs were 7.5% of the debt in 2024. The policy rate averaged 4.50 % 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 · 2024

What the score is made of

Profitability75 weight 40%
Solidity72 weight 20%
Liquidity100 weight 5%
Growth99 weight 25%
Consistency58 weight 10%

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

Durability: 76 (average over 2 years)

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

2024

Questions and answers

How profitable is Wright Holding AS?

The operating margin was 64.6% in 2024, against a median of 2.1% among companies in the Morning class Small in the same sector. Return on assets was 5.7%.

How solid is Wright Holding AS?

The equity ratio was 36.4% in 2024 (median 15.3%). Debt-to-equity was 1.75 (median 3.65).

What is the liquidity of Wright Holding AS like?

The current ratio was 12.49 in 2024 (median 1.08).

How does Wright Holding AS compare in Undervisning?

Wright Holding AS ranks 171 of 3,493 in Undervisning for 2024. Among companies in the Morning class Small it is number 65 of 1,327. Revenue changed by 105.1% from the year before.

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 (2024)
Operating margin4.7% –
Return on assets4.0% –
Equity ratio24.1% –
Current ratio0.60 –
Revenue growth6.4% –

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 6299655.