Pascal Technologies AS
Score · fiscal year 2024
38of 100
How to read this: the company is ahead of 29 % of companies in the Morning class Micro in the same sector in 2024. What does this mean?
Rank in the Morning class Micro: 1,540 of 2,165 · What are Morning company classes?
Place in the whole sector: 3,006 of 4,104 · Teknisk tjenesteyting og forskning
Profile
Elephant · Steward
Lower profitability, high resilience
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 2 and resilience 63 out of 100 among companies in the Morning class Micro in the same sector in 2024. Methodology
Against the sector
Pascal Technologies AS is 12 points below the median for companies in the Morning class Micro in the same sector in 2024.
Median score 50 among 2,165 companies.
Against companies in the Morning class Micro in the same sector in 2024: operating margin −995.6% (median 5.8%) and equity ratio 83.1% (median 41.5%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 3 MNOK | 3 MNOK |
| Operating margin | −995.6% | 5.8% |
| Profit margin | −962.6% | 5.6% |
| Return on assets | −62.4% | 11.5% |
| Equity ratio | 83.1% | 41.5% |
| Debt-to-equity | 0.20 | 1.10 |
| Current ratio | 2.35 | 1.61 |
| Revenue growth | −17.4% | 5.6% |
| Revenue per employee | 0.17 MNOK | 0.73 MNOK |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 38, Pascal Technologies AS does better than 29% of companies in the Morning class Micro in the same sector (2,165 companies) in 2024.
Score 2023–2025
- Pascal Technologies AS
- Median: companies in the Morning class Micro in the same sector
What the numbers say
Pascal Technologies AS had an operating margin of −995.6% and an equity ratio of 83.1% in 2024, and ranks 3,006 of 4,104 in Teknisk tjenesteyting og forskning.
From 2023 to 2024: the operating margin fell from −539.7% to −995.6% and the equity ratio fell from 94.7% to 83.1%.
This text is generated automatically from the 2024 accounts.
Three simple methods
One method gives a figure: 91 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 18.6 | not meaningful |
| EV/EBIT | 15.9 | not meaningful |
| P/B | 3.2 | 91 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
Worth a closer look
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −962.6% (median 5.6%).
- 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 −995.6% (median 5.8%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 2.0% 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.
See interest rates, prices and exchange rates for the sector
Data quality
- watch Extreme margin: check the figures
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
What the score is made of
| Profitability | 2 | weight 30% |
|---|---|---|
| Solidity | 89 | weight 25% |
| Liquidity | 68 | weight 15% |
| Growth | 17 | weight 15% |
| Consistency | 15 | weight 15% |
Three goals: profitability 30%, growth 15%, resilience 55%. Why these weights?
Durability: 44 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Pascal Technologies AS?
The operating margin was −995.6% in 2024, against a median of 5.8% among companies in the Morning class Micro in the same sector. Return on assets was −62.4%. The company made a loss before tax.
How solid is Pascal Technologies AS?
The equity ratio was 83.1% in 2024 (median 41.5%). Debt-to-equity was 0.20 (median 1.10).
What is the liquidity of Pascal Technologies AS like?
The current ratio was 2.35 in 2024 (median 1.61).
How does Pascal Technologies AS compare in Teknisk tjenesteyting og forskning?
Pascal Technologies AS ranks 3,006 of 4,104 in Teknisk tjenesteyting og forskning for 2024. Among companies in the Morning class Micro it is number 1,540 of 2,165. Revenue changed by −17.4% from the year before.
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
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)
- X Boss AS · 24.2%
- Ocean Zero LLC (USA) · 21.0%
- Momentum II AS · 16.8%
- Gts Invest AS · 11.6%
- Gross Management AS · 6.8%
- Cofounder Iii AS · 4.3%
- Garcia LLC (USA) · 2.2%
- Cfr Holding AS · 2.1%
- Mare Invest AS · 2.0%
- Conifer AS · 1.7%
- 4 private persons · 0.4%
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?
Do you see an error in the figures or in how the company is mapped (sector, holding, group)? Let us know. Corrections require documentation.
Is this your company? Suggest changes or add information
Figures last fetched 5 November 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 50 | 38 | 37 | |
| Rank | 1,951 | 3,006 | 3,140 | |
| Operating margin | −539.7% | −995.6% | −1,188.9% | |
| Return on assets | −25.5% | −62.4% | −80.6% | |
| Equity ratio | 94.7% | 83.1% | 87.4% | |
| Current ratio | 11.36 | 2.35 | 2.04 | |
| Revenue growth | – | −17.4% | −21.3% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 4.0 MNOK | 3.3 MNOK | 2.6 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 expense | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Net profit | −19.7 MNOK | −31.5 MNOK | −30.6 MNOK |
| Financial expenses | 0.1 MNOK | 0.2 MNOK | 0.3 MNOK |
| Total assets | 77.2 MNOK | 50.1 MNOK | 37.5 MNOK |
| Current assets | 46.5 MNOK | 19.9 MNOK | 9.7 MNOK |
| Equity | 73.1 MNOK | 41.7 MNOK | 32.8 MNOK |
| Retained earnings | −19.3 MNOK | – | – |
| Total liabilities | 4.1 MNOK | 8.5 MNOK | 4.7 MNOK |
| Current liabilities | 4.1 MNOK | 8.5 MNOK | 4.7 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 5 November 2026, accounts id 6124657.
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