KAMELEON SOLUTIONS AS

Org. no. 981403398 · ASKER · Founded 1999 · 59 employees

Score · fiscal year 2024

63of 100

How to read this: the company is ahead of 77 % of medium-sized companies in the same sector in 2024. What does this mean?

Rank: 9,051 of 37,175 · Handel

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 65 and solidity 58 out of 100 among medium-sized companies in the same sector in 2024. Methodology

Against the sector

KAMELEON SOLUTIONS AS is 13 points above the median for medium-sized companies in the same sector in 2024.

Median score 50 among 2,059 companies.

Against medium-sized companies in the same sector in 2024: operating margin 5.8% (median 3.2%) and equity ratio 38.3% (median 32.6%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 28 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue111 MNOK171 MNOK
Operating margin 5.8% 3.2% 72 %
Profit margin 5.2% 3.1% shown, not part of the index
Return on assets 13.7% 11.1% 58 %
Equity ratio 38.3% 32.6% 58 %
Debt-to-equity 1.61 2.01 57 %
Current ratio 1.41 1.38 52 %
Revenue growth 22.0% 5.2% 83 %
Revenue per employee1.89 MNOK6.29 MNOK

The median and “ahead of” refer to medium-sized companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 63, KAMELEON SOLUTIONS AS does better than 77% of medium-sized companies in the same sector (2,059 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • KAMELEON SOLUTIONS AS
  • Median: medium-sized companies in the same sector
Analysis · 2024

What the numbers say

KAMELEON SOLUTIONS AS had an operating margin of 5.8% and an equity ratio of 38.3% in 2024, and ranks 9,051 of 37,175 in Handel.

From 2023 to 2024: revenue grew by 22% and the operating margin rose from 2.1% to 5.8%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 18 MNOK and 49 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 4.5 MNOK 10.0 45 MNOK
EV/EBIT Operating profit: 6.4 MNOK
minus net debt 2.2 MNOK
8.0 49 MNOK
P/B Equity: 18.5 MNOK 1.0 18 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

Indications · 2024

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 2.7% 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.

Data quality

No anomalies found in the figures.

Stress test · 2017

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

Components · 2024

What the score is made of

Profitability65 weight 30%
Solidity58 weight 25%
Liquidity52 weight 15%
Growth83 weight 15%
Consistency60 weight 15%

Durability: 56 (average over 2 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2024

Questions and answers

How profitable is KAMELEON SOLUTIONS AS?

The operating margin was 5.8% in 2024, against a median of 3.2% among medium-sized companies in the same sector. Return on assets was 13.7%.

How solid is KAMELEON SOLUTIONS AS?

The equity ratio was 38.3% in 2024 (median 32.6%). Debt-to-equity was 1.61 (median 2.01).

What is the liquidity of KAMELEON SOLUTIONS AS like?

The current ratio was 1.41 in 2024 (median 1.38).

How does KAMELEON SOLUTIONS AS compare in Handel?

KAMELEON SOLUTIONS AS ranks 9,051 of 37,175 in Handel for 2024. Among companies of the same size (medium-sized companies) it ranks 477 of 2,059. Revenue changed by 22.0% from the year before.

From the Central Coordinating Register

Org. no.
981403398
Legal form
AS
Sector
Handel (46.640)
Size tier
medium
Employees
59 registered 10 October 2026
Founded
17 December 1999 26 years in operation
Share capital
0.20 MNOK
Business address
Johan Follestads vei 27, 3474 ÅROS (ASKER)
Municipality
Asker rank 2 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
Trond Olav Eek
Chair of the board
Stig Ebert Nilssen
Board member
Petter Grunnan
Auditor
BDO AS
Accountant
AIDER AS
Accountant
ELVEGRUPPEN 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.

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Figures last fetched 28 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index506355
Rank17,4929,05115,171
Operating margin2.1%5.8%8.4%
Return on assets6.0%13.7%10.1%
Equity ratio37.6%38.3%28.9%
Current ratio1.571.411.66
Revenue growth–22.0%12.1%

Accounts

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

Key figure202320242025
Operating revenue91.3 MNOK111.3 MNOK124.8 MNOK
Operating profit1.9 MNOK6.4 MNOK10.5 MNOK
Profit before tax1.8 MNOK5.8 MNOK7.5 MNOK
Net profit1.7 MNOK4.5 MNOK6.6 MNOK
Financial expenses0.5 MNOK0.8 MNOK3.3 MNOK
Total assets37.9 MNOK48.2 MNOK106.5 MNOK
Current assets29.1 MNOK33.8 MNOK37.5 MNOK
Equity14.3 MNOK18.5 MNOK30.8 MNOK
Retained earnings11.2 MNOK14.5 MNOK26.9 MNOK
Total liabilities23.6 MNOK29.7 MNOK75.6 MNOK
Current liabilities18.6 MNOK23.9 MNOK22.6 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 5880531.

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