Optiwin Software AS
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 2023
87of 100
How to read this: the company is ahead of 97 % of companies in the Morning class Micro in the same sector in 2023. What does this mean?
Rank in the Morning class Micro: 136 of 4,300 · What are Morning company classes?
Place in the whole sector: 196 of 6,515 · Informasjon og kommunikasjon
Profile
Lion · Leader
High profitability, high resilience
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 79 and resilience 96 out of 100 among companies in the Morning class Micro in the same sector in 2023. Methodology
Against the sector
Optiwin Software AS is 37 points above the median for companies in the Morning class Micro in the same sector in 2023.
Median score 50 among 4,298 companies.
Against companies in the Morning class Micro in the same sector in 2023: operating margin 56.8% (median 6.0%) and equity ratio 92.0% (median 40.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 4 MNOK | 2 MNOK |
| Operating margin | 56.8% | 6.0% |
| Profit margin | 81.9% | 6.3% |
| Return on assets | 25.0% | 11.4% |
| Equity ratio | 92.0% | 40.4% |
| Debt-to-equity | 0.09 | 1.10 |
| Current ratio | 12.44 | 1.57 |
| Revenue growth | – | 0.0% |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 87, Optiwin Software AS does better than 97% of companies in the Morning class Micro in the same sector (4,300 companies) in 2023.
Score 2023–2025
- Optiwin Software AS
- Median: companies in the Morning class Micro in the same sector
Working capital and debt
| Measure | Company | Median | |
|---|---|---|---|
| Working capital | |||
| Receivable days All current receivables, including those on group companies, in days of revenue. |
14 days | 55 days | |
| 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. |
613 days | 0 days | |
| Net working capital to revenue Current assets less bank deposits less current liabilities, divided by revenue. Negative: short-term debt funds the operations. |
145.5% | −8.6% | |
| Cash share of current assets How much of the short-term buffer is bank deposits and cash. |
47.4% | 55.3% | |
| 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. |
5,611.6 | 8.1 | |
| 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. |
0.0% | 0.5% | |
| Long-term share of debt Long-term debt as a share of all debt. A low share means more falls due within a year. |
0.0% | 0.0% | |
Net working capital (current assets less bank deposits less current liabilities): 5.9 MNOK.
Of the financial costs of 0.0 MNOK, 0.0 MNOK is reported as interest costs in the accounts.
The median and the bar refer to companies in the Morning class Micro in the same sector in 2023. 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.
What the numbers say
Optiwin Software AS had an operating margin of 56.8% and an equity ratio of 92.0% in 2023, and ranks 196 of 6,515 in Informasjon og kommunikasjon.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 27 MNOK and 31 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 18.0 | 31 MNOK |
| EV/EBIT | 14.9 | 28 MNOK |
| P/B | 3.6 | 27 MNOK |
| EV/EBIT: from enterprise value to equity | NOK |
|---|---|
| Enterprise value (EV) at the listed multiple | 35 MNOK |
| Enterprise value after the size adjustment | 21 MNOK |
| Less net debt (rough figure) | −6 MNOK |
| Equity value | 28 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 4% on the cost of equity gives a value 38% lower. No separate marketability discount is applied, because the premium already allows for the company being small and unlisted.
The multiples are from the listed industry that matches the NACE code (62): Computer Services.
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
Worth a closer look
- positive
Upper quartile on profitability, solidity and liquidity. What sets this company apart from the rest of the sector?
Based on: Operating margin 56.8% (median 6.0%); Equity ratio 92.0% (median 40.4%); Current ratio 12.44 (median 1.57).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.0% 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.
See interest rates, prices and exchange rates for the sector
Data quality
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
We have no accounts for 2022, the sector's weakest year, for this company.
The sector's weakest year was 2022, with a median operating margin of 4.1%. Based on the 8 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 79 | weight 40% |
|---|---|---|
| Solidity | 96 | weight 20% |
| Liquidity | 97 | weight 5% |
| Growth | – | no data, left out |
| Consistency | 95 | weight 10% |
Three goals: profitability 40%, growth 25%, resilience 35%. Why these weights?
Index version 3. Data completeness 75%: the share of the weights that had data.
Questions and answers
How profitable is Optiwin Software AS?
The operating margin was 56.8% in 2023, against a median of 6.0% among companies in the Morning class Micro in the same sector. Return on assets was 25.0%.
How solid is Optiwin Software AS?
The equity ratio was 92.0% in 2023 (median 40.4%). Debt-to-equity was 0.09 (median 1.10).
What is the liquidity of Optiwin Software AS like?
The current ratio was 12.44 in 2023 (median 1.57).
How does Optiwin Software AS compare in Informasjon og kommunikasjon?
Optiwin Software AS ranks 196 of 6,515 in Informasjon og kommunikasjon for 2023. Among companies in the Morning class Micro it is number 136 of 4,300.
From the Central Coordinating Register
- Org. no.
- 982357233
- Legal form
- AS
- Sector
- Informasjon og kommunikasjon (62.100)
- Morning company class
- Micro
- Employees
- 0–4 (not registered) Payroll costs in the accounts: 1.5 MNOK (2023).
- Founded
- 1 August 2000 26 years in operation
- Share capital
- 1.00 MNOK
- Business address
- Gamleveien 33B, 3030 DRAMMEN
- Municipality
- Drammen rank 10 of 11 in KOSTRA group 12
- Audit
- Audit opted out from 14 October 2020
- 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
Loading roles …
Source: Central Coordinating Register, fetched 7 November 2026. Only names are shown.
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.
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?
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Is this your company? Suggest changes or add information
Figures last fetched 9 November 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 87 | 78 | 71 | |
| Rank | 196 | 292 | 735 | |
| Operating margin | 56.8% | 63.8% | 60.7% | |
| Return on assets | 25.0% | 24.9% | 22.4% | |
| Equity ratio | 92.0% | 93.6% | 93.3% | |
| Current ratio | 12.44 | 15.62 | 15.96 | |
| Revenue growth | – | 5.5% | −5.6% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 4.1 MNOK | 4.3 MNOK | 4.1 MNOK |
| Operating profit | 2.3 MNOK | 2.7 MNOK | 2.5 MNOK |
| Profit before tax | 3.3 MNOK | 4.2 MNOK | 3.7 MNOK |
| Tax expense | 0.6 MNOK | 0.7 MNOK | 0.7 MNOK |
| Net profit | 2.8 MNOK | 3.5 MNOK | 3.0 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 13.4 MNOK | 16.8 MNOK | 16.3 MNOK |
| Current assets | 13.3 MNOK | 16.8 MNOK | 15.8 MNOK |
| Equity | 12.3 MNOK | 15.8 MNOK | 15.2 MNOK |
| Retained earnings | 11.3 MNOK | 14.8 MNOK | 14.2 MNOK |
| Total liabilities | 1.1 MNOK | 1.1 MNOK | 1.1 MNOK |
| Current liabilities | 1.1 MNOK | 1.1 MNOK | 1.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 9 November 2026, accounts id 4796567.
Further
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