TECHSTEP NORWAY AS
Score · fiscal year 2023
20of 100
How to read this: the company is ahead of 8 % of medium-sized companies in the same sector in 2023. What does this mean?
Rank: 30,154 of 34,736 · Handel
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 8 and solidity 53 out of 100 among medium-sized companies in the same sector in 2023. Methodology
Against the sector
TECHSTEP NORWAY AS is 29 points below the median for medium-sized companies in the same sector in 2023.
Median score 49 among 1,875 companies.
Against medium-sized companies in the same sector in 2023: operating margin −2.1% (median 3.2%) and equity ratio 34.9% (median 32.2%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 647 MNOK | 177 MNOK |
| Operating margin | −2.1% | 3.2% |
| Profit margin | −2.8% | 3.1% |
| Return on assets | −2.6% | 11.4% |
| Equity ratio | 34.9% | 32.2% |
| Debt-to-equity | 1.87 | 2.06 |
| Current ratio | 0.85 | 1.39 |
| Revenue growth | – | 4.2% |
| Revenue per employee | 7.70 MNOK | 6.27 MNOK |
The median and “ahead of” refer to medium-sized companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 20, TECHSTEP NORWAY AS does better than 8% of medium-sized companies in the same sector (1,875 companies) in 2023.
Score 2023–2025
- TECHSTEP NORWAY AS
- Median: medium-sized companies in the same sector
What the numbers say
TECHSTEP NORWAY AS had an operating margin of −2.1% and an equity ratio of 34.9% in 2023, and ranks 30,154 of 34,736 in Handel.
This text is generated automatically from the 2023 accounts.
Three simple methods
One method gives a figure: 122 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 122 MNOK |
A mechanical estimate from public accounts, not advice. Mechanical estimate from public accounts with fixed multiples. Not a valuation and not advice to buy or sell. The multiples are provisional default values and must be adjusted per sector before the figures are used for anything. See the calculation
Worth a closer look
- watch
Consider strengthening liquidity: current liabilities are 1.2 times current assets.
Based on: Current ratio 0.85 (median 1.39).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −2.8% (median 3.1%).
- watch
The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin −2.1% (median 3.2%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 4.0% 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.
Data quality
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
We have no accounts for 2017, the sector's weakest year, for this company.
The sector's weakest year was 2017, with a median operating margin of −65.6%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 8 | weight 30% |
|---|---|---|
| Solidity | 53 | weight 25% |
| Liquidity | 7 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 1 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is TECHSTEP NORWAY AS?
The operating margin was −2.1% in 2023, against a median of 3.2% among medium-sized companies in the same sector. Return on assets was −2.6%. The company made a loss before tax.
How solid is TECHSTEP NORWAY AS?
The equity ratio was 34.9% in 2023 (median 32.2%). Debt-to-equity was 1.87 (median 2.06).
What is the liquidity of TECHSTEP NORWAY AS like?
The current ratio was 0.85 in 2023 (median 1.39). Current assets did not cover current liabilities.
How does TECHSTEP NORWAY AS compare in Handel?
TECHSTEP NORWAY AS ranks 30,154 of 34,736 in Handel for 2023. Among companies of the same size (medium-sized companies) it ranks 1,729 of 1,875.
Public contracts
- Contracts awarded since 2024
- 9
- in 7 notices (lots counted separately)
- Total awarded value since 2024
- 14.0 MNOK
- Framework agreements
- 8
- Left out of the total: the value is a ceiling, not actual spend.
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 23 September 2026 | Midt-telemark Kommune | Rammeavtale for kjøp av mobiltelefoner og tilleggsutstyr for åtte kommuner i Telemark | 11.7 MNOK (framework) |
| 27 June 2025 | Oslo kommune v/ Utviklings- og kompetanseetaten | Anskaffelse av mobiltelefoner med tilbehør | 500.0 MNOK (framework) |
| 1 November 2024 | Lillestrøm Kommune | Rammeavtale for kjøp av mobiltelefoner | value not stated (3 lots) |
| 26 August 2024 | Stiftelsen Tradebroker | Mobiltelefoner, nettbrett, tilleggsutstyr og relaterte tjenester | value not stated |
| 14 August 2024 | VOIS - Vestfold Offentlige Innkjøpssamarbeid | VOIS - Mobiltelefoner og mobiltilbehør - Kontraktstildeling | value not stated |
| 16 February 2024 | Vygruppen AS | Konsernavtale mobiltelefoner og tilleggsutstyr | 14.0 MNOK |
| 3 January 2024 | Øvre Romerike Innkjøpssamarbeid | Mobiltelefoner og tilleggsutstyr | value not stated |
| 30 October 2023 | Vygruppen AS | Kjøp av mobiltelefoner og nettbrett til kjørende personell | 20.0 MNOK (framework) |
| 28 June 2023 | Oslo kommune v/ Utviklings- og kompetanseetaten | Anskaffelse av mobiltelefoner | 480.0 MNOK (framework) |
| 29 June 2022 | Statens innkjøpssenter v/DFØ | Statlig fellesavtale for mobile enheter | 1,200.0 MNOK (framework) |
Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.
Source: Doffin (DFØ), fetched 28 October 2026. Winners are matched on organisation number.
Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0
From the Central Coordinating Register
- Org. no.
- 977189888
- Legal form
- AS
- Sector
- Handel (46.500)
- Size tier
- medium
- Employees
- 84 registered 10 October 2026
- Founded
- 16 December 1996 29 years in operation
- Share capital
- 1.38 MNOK
- Business address
- Brynsalléen 4, 0667 OSLO
- Municipality
- Oslo rank 63–221 of 357 in Norway
- Latest accounts filed
- 2025
- Website
- www.techstep.no
- LEI
- 894500WB3UE8EHKZNU31 renews 9 May 2027
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
- Chief executive
- Morten Lindrup Meier
- Chair of the board
- Morten Lindrup Meier
- Board member
- Håvard Haukdal
- Auditor
- PRICEWATERHOUSECOOPERS AS
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
Owners and shareholdings will appear here once the shareholder data extract is in place.
Coming · not built yet
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 28 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 20 | 35 | 22 | |
| Rank | 30,154 | 27,660 | 33,785 | |
| Operating margin | −2.1% | 0.6% | −3.5% | |
| Return on assets | −2.6% | 2.0% | −7.9% | |
| Equity ratio | 34.9% | 43.8% | 38.0% | |
| Current ratio | 0.85 | 0.95 | 0.72 | |
| Revenue growth | – | 4.2% | −11.7% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 647.1 MNOK | 674.5 MNOK | 595.6 MNOK |
| Operating profit | −13.6 MNOK | 3.8 MNOK | −20.8 MNOK |
| Profit before tax | −18.1 MNOK | 4.3 MNOK | −20.4 MNOK |
| Net profit | −13.8 MNOK | 4.0 MNOK | −21.7 MNOK |
| Financial expenses | 9.1 MNOK | 1.3 MNOK | 0.8 MNOK |
| Total assets | 350.2 MNOK | 281.6 MNOK | 249.4 MNOK |
| Current assets | 189.2 MNOK | 143.2 MNOK | 108.7 MNOK |
| Equity | 122.2 MNOK | 123.3 MNOK | 94.9 MNOK |
| Retained earnings | −340.0 MNOK | −345.6 MNOK | −367.3 MNOK |
| Total liabilities | 228.0 MNOK | 158.3 MNOK | 154.5 MNOK |
| Current liabilities | 221.6 MNOK | 151.5 MNOK | 151.7 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 5407111.
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