Pascal Technologies AS

Org. no. 984262612 · Oslo · Founded 2002 · 19 employees

Score · fiscal year 2023

50of 100

How to read this: the company is ahead of 52 % of companies in the Morning class Micro in the same sector in 2023. What does this mean?

Rank in the Morning class Micro: 1,048 of 2,185 · What are Morning company classes?
Place in the whole sector: 1,951 of 3,995 · Teknisk tjenesteyting og forskning

Profile

Elephant · Steward

Lower profitability, high resilience

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 6 and resilience 74 out of 100 among companies in the Morning class Micro in the same sector in 2023. Methodology

Against the sector

Pascal Technologies AS is 1 points above the median for companies in the Morning class Micro in the same sector in 2023.

Median score 49 among 2,184 companies.

Against companies in the Morning class Micro in the same sector in 2023: operating margin −539.7% (median 5.7%) and equity ratio 94.7% (median 39.6%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 5 November 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue4 MNOK3 MNOK
Operating margin −539.7% 5.7% 1 %
Profit margin −498.3% 5.5% shown, not part of the index
Return on assets −25.5% 11.1% 11 %
Equity ratio 94.7% 39.6% 98 %
Debt-to-equity 0.06 1.21 98 %
Current ratio 11.36 1.57 97 %
Revenue growth – 0.3% not compared
Revenue per employee0.21 MNOK0.70 MNOK

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 50, Pascal Technologies AS does better than 52% of companies in the Morning class Micro in the same sector (2,185 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Pascal Technologies AS
  • Median: companies in the Morning class Micro in the same sector
Analysis · 2023

What the numbers say

Pascal Technologies AS had an operating margin of −539.7% and an equity ratio of 94.7% in 2023, and ranks 1,951 of 3,995 in Teknisk tjenesteyting og forskning.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

One method gives a figure: 159 MNOK.

MethodInputMultipleListed basisEstimate
P/E Net profit: −19.7 MNOK 18.6 – not meaningful
EV/EBIT Operating profit: −21.4 MNOK 15.9 – not meaningful
P/B Equity: 73.1 MNOK 3.2 234 MNOK 159 MNOK

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: Engineering/Construction, Business & Consumer Services.

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 · 2023

Worth a closer look

  • watch

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin −498.3% (median 5.5%).

  • 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 −539.7% (median 5.7%).

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

Financial costs were 1.5% 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

  • watch Extreme margin: check 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 −0.2%. Based on the 8 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability6 weight 30%
Solidity98 weight 25%
Liquidity97 weight 15%
Growth– no data, left out
Consistency11 weight 15%

Three goals: profitability 30%, growth 15%, resilience 55%. Why these weights?

Index version 2. Data completeness 85%: the share of the weights that had data.

2023

Questions and answers

How profitable is Pascal Technologies AS?

The operating margin was −539.7% in 2023, against a median of 5.7% among companies in the Morning class Micro in the same sector. Return on assets was −25.5%. The company made a loss before tax.

How solid is Pascal Technologies AS?

The equity ratio was 94.7% in 2023 (median 39.6%). Debt-to-equity was 0.06 (median 1.21).

What is the liquidity of Pascal Technologies AS like?

The current ratio was 11.36 in 2023 (median 1.57).

How does Pascal Technologies AS compare in Teknisk tjenesteyting og forskning?

Pascal Technologies AS ranks 1,951 of 3,995 in Teknisk tjenesteyting og forskning for 2023. Among companies in the Morning class Micro it is number 1,048 of 2,185.

From the Central Coordinating Register

Org. no.
984262612
Legal form
AS
Sector
Teknisk tjenesteyting og forskning (72.100)
Morning company class
Micro
Employees
19 registered 10 October 2026
Founded
25 February 2002 24 years in operation
Share capital
5.30 MNOK
Business address
Karenslyst allé 2, 0278 OSLO
Municipality
Oslo rank 63–220 of 357 in Norway
Latest accounts filed
2025
Website
pascaltech.com
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 7 November 2026. Only names are shown.

Shareholders (2025)

Number of shareholders
29
Largest owner
12.1% · top three 31.0%
Split
companies 50% · private persons 0% · foreign 12%
Owners over 60
72% of the shares held by persons (median age 66)

Change 2007–2025: 75% of the shares changed owner (29 new and 8 departed owners).
New owners (companies): Afshd Holding AS, Cfr Holding AS, Cofounder Iii AS, Conifer AS, Frøiland Invest AS
Departed (companies): HANDELSBANKEN, Kaldnes AS, Norsea Link AS, Trans Nor AS

The owners' shares do not add up to the company's total number of shares in the source.

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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Figures last fetched 5 November 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index503837
Rank1,9513,0063,140
Operating margin−539.7%−995.6%−1,188.9%
Return on assets−25.5%−62.4%−80.6%
Equity ratio94.7%83.1%87.4%
Current ratio11.362.352.04
Revenue growth–−17.4%−21.3%

Accounts

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

Key figure202320242025
Operating revenue4.0 MNOK3.3 MNOK2.6 MNOK
Operating profit−21.4 MNOK−32.6 MNOK−30.6 MNOK
Profit before tax−19.7 MNOK−31.5 MNOK−30.6 MNOK
Tax expense0.0 MNOK0.0 MNOK0.0 MNOK
Net profit−19.7 MNOK−31.5 MNOK−30.6 MNOK
Financial expenses0.1 MNOK0.2 MNOK0.3 MNOK
Total assets77.2 MNOK50.1 MNOK37.5 MNOK
Current assets46.5 MNOK19.9 MNOK9.7 MNOK
Equity73.1 MNOK41.7 MNOK32.8 MNOK
Retained earnings−19.3 MNOK––
Total liabilities4.1 MNOK8.5 MNOK4.7 MNOK
Current liabilities4.1 MNOK8.5 MNOK4.7 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 5 November 2026, accounts id 5134435.