NEXT SYSTEMS AS
Score · fiscal year 2025
68of 100
How to read this: the company is ahead of 85 % of small companies in the same sector in 2025. What does this mean?
Rank: 5,921 of 38,670 · Handel
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 82 and solidity 51 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
NEXT SYSTEMS AS is 18 points above the median for small companies in the same sector in 2025.
Median score 50 among 36,110 companies.
Against small companies in the same sector in 2025: operating margin 11.0% (median 2.5%) and equity ratio 45.6% (median 38.3%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 31 MNOK | 3 MNOK |
| Operating margin | 11.0% | 2.5% |
| Profit margin | 10.9% | 2.2% |
| Return on assets | 27.5% | 4.0% |
| Equity ratio | 45.6% | 38.3% |
| Debt-to-equity | 1.19 | 0.99 |
| Current ratio | 1.87 | 1.70 |
| Revenue growth | 17.6% | 3.5% |
| Revenue per employee | 2.37 MNOK | 1.62 MNOK |
The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 68, NEXT SYSTEMS AS does better than 85% of small companies in the same sector (36,579 companies) in 2025.
Score 2023–2025
- NEXT SYSTEMS AS
- Median: small companies in the same sector
NEXT SYSTEMS AS has a score of 68 for 2025, rank 5,921 of 38,670 in the sector.
Strongest: Profitability: percentile 82 against peers, operating margin 11.0% against a median of 2.5%. Consistency: percentile 79 against peers.
No area is clearly below its peers.
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
NEXT SYSTEMS AS had an operating margin of 11.0% and an equity ratio of 45.6% in 2025, and ranks 5,921 of 38,670 in Handel.
From 2024 to 2025: revenue grew by 18% and the equity ratio fell from 51.8% to 45.6%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 6 MNOK and 27 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 26 MNOK |
| EV/EBIT | 8.0 | 27 MNOK |
| P/B | 1.0 | 6 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
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 0.6% 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.
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 | 82 | weight 30% |
|---|---|---|
| Solidity | 51 | weight 25% |
| Liquidity | 54 | weight 15% |
| Growth | 73 | weight 15% |
| Consistency | 79 | weight 15% |
Durability: 65 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is NEXT SYSTEMS AS?
The operating margin was 11.0% in 2025, against a median of 2.5% among small companies in the same sector. Return on assets was 27.5%.
How solid is NEXT SYSTEMS AS?
The equity ratio was 45.6% in 2025 (median 38.3%). Debt-to-equity was 1.19 (median 0.99).
What is the liquidity of NEXT SYSTEMS AS like?
The current ratio was 1.87 in 2025 (median 1.70).
How does NEXT SYSTEMS AS compare in Handel?
NEXT SYSTEMS AS ranks 5,921 of 38,670 in Handel for 2025. Among companies of the same size (small companies) it ranks 5,578 of 36,579. Revenue changed by 17.6% from the year before.
From the Central Coordinating Register
- Org. no.
- 977293197
- Legal form
- AS
- Sector
- Handel (46.500)
- Size tier
- small
- Employees
- 13 registered 10 October 2026
- Founded
- 20 February 1997 29 years in operation
- Share capital
- 0.30 MNOK
- Business address
- Luramyrveien 65, 4313 SANDNES
- Municipality
- Sandnes rank 4 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
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
- Hans Jelsa
- Chair of the board
- Arild Taarland
- Board member
- Hans Jelsa
- Board member
- Dimitar Georgiev Georgiev
- Auditor
- BDO AS
- Accountant
- LIGO REGNSKAP 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 | 53 | 73 | 68 | |
| Rank | 15,687 | 3,613 | 5,921 | |
| Operating margin | 9.5% | 12.7% | 11.0% | |
| Return on assets | 42.8% | 30.8% | 27.5% | |
| Equity ratio | 21.2% | 51.8% | 45.6% | |
| Current ratio | 1.25 | 2.05 | 1.87 | |
| Revenue growth | – | 37.1% | 17.6% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 19.1 MNOK | 26.2 MNOK | 30.8 MNOK |
| Operating profit | 1.8 MNOK | 3.3 MNOK | 3.4 MNOK |
| Profit before tax | 1.9 MNOK | 3.3 MNOK | 3.4 MNOK |
| Net profit | 1.4 MNOK | 2.7 MNOK | 2.6 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 4.4 MNOK | 10.9 MNOK | 12.4 MNOK |
| Current assets | 4.3 MNOK | 10.8 MNOK | 12.0 MNOK |
| Equity | 0.9 MNOK | 5.6 MNOK | 5.7 MNOK |
| Retained earnings | 0.6 MNOK | 4.3 MNOK | 4.3 MNOK |
| Total liabilities | 3.5 MNOK | 5.3 MNOK | 6.7 MNOK |
| Current liabilities | 3.5 MNOK | 5.3 MNOK | 6.4 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 6367919.
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