Tivitysoft AS

Org. no. 984565283 · Bærum · 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

Key facts

Employees – Not registered in the Central Coordinating Register
Operating revenue · 2023 2.2 MNOK Micro
Net profit · 2023 −0.5 MNOK
Equity · 2023 −1.1 MNOK
Founded 2002 24 years in operation
Quick check · fiscal year 2023

Is the company run well?

Five key figures against companies in the Morning class Micro in the same sector. Green is better than most, amber about like the industry and red weaker than most.

  • Profitability · operating margin −15.8% Weaker than the industry Industry: 6.0%
  • Returns · return on assets −92.3% Weaker than the industry Industry: 11.4%
  • Solidity · equity ratio −313.3% Weaker than the industry Industry: 40.4%
  • Liquidity · current ratio 0.22 Weaker than the industry Industry: 1.57

The mark comes from the company's place among comparable companies (percentile): green from 60, amber from 40, red below 40. Negative equity, an operating loss and a current ratio under 1 pull it down regardless. Methodology

Score · fiscal year 2023

6of 100

How to read this: the company is ahead of 3 % of companies in the Morning class Micro in the same sector in 2023. What does this mean?

Rank in the Morning class Micro: 4,183 of 4,298 · What are Morning company classes?
Place in the whole sector: 6,371 of 6,513 · Informasjon og kommunikasjon

Profile

Beaver · Builder

Lower profitability, lower resilience

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 10 and resilience 1 out of 100 among companies in the Morning class Micro in the same sector in 2023. Methodology

Against the sector

Tivitysoft AS is 44 points below the median for companies in the Morning class Micro in the same sector in 2023.

Median score 50 among 4,296 companies.

Against companies in the Morning class Micro in the same sector in 2023: operating margin −15.8% (median 6.0%) and equity ratio −313.3% (median 40.4%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 9 November 2026Report an issue
Development

How it has gone · 2023–2025

Revenue rose by 23 % from 2023 to 2025, to 2.7 MNOK. The operating margin rose from −15.8% in 2023 to 20.2% in 2025. The equity ratio rose from −313.3% in 2023 to −120.3% in 2025.

Score · 2025 56 +50 points since 2023 (better)
Operating revenue · 2025 2.7 MNOK +23% since 2023 (better)
Net profit · 2025 0.5 MNOK from −0.5 MNOK in 2023 (better)
Operating margin · 2025 20.2% +36.1 pp since 2023 (better)
Equity ratio · 2025 −120.3% +193.0 pp since 2023 (better)
Current ratio · 2025 0.44 +0.22 since 2023 (better)

Amounts in the reporting currency. The full year-by-year table is further down under «Details». See every figure year by year

Accounts in short

Key figure202320242025
Operating revenue2.2 MNOK1.9 MNOK2.7 MNOK
Operating profit−0.3 MNOK−0.7 MNOK0.5 MNOK
Net profit−0.5 MNOK−0.8 MNOK0.5 MNOK
Total assets0.4 MNOK0.7 MNOK1.1 MNOK
Equity−1.1 MNOK−1.9 MNOK−1.4 MNOK
Total liabilities1.5 MNOK2.6 MNOK2.5 MNOK

From the Brønnøysund Register Centre, in the company's reporting currency (NOK). See every figure year by year

From the Central Coordinating Register

Org. no.
984565283
Legal form
AS
Sector
Informasjon og kommunikasjon (62.100)
Purpose
Utvikle og selge programvare, rådgivning samt deltagelse i andre virksomheter.
Morning company class
Micro
Employees
0–4 (not registered) Payroll costs in the accounts: 1.6 MNOK (2023).
Founded
1 March 2002 24 years in operation
Share capital
0.10 MNOK
Business address
v/Peter Bjökman, Lindhaugsvingen 11B, 1363 HØVIK (BÆRUM)
Municipality
Bærum rank 1 of 11 in KOSTRA group 12
Audit
Audit opted out from 27 September 2014
Latest accounts filed
2025
VAT registered
Yes
Website
www.comactivity.net
Former names
Comactivity AS until 2019
The company's business municipality, Bærum. 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

Indications · 2023

Worth a closer look

  • critical

    Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?

    Based on: Equity ratio −313.3% (median 40.4%).

  • critical

    Consider strengthening liquidity: current liabilities are 4.6 times current assets.

    Based on: Current ratio 0.22 (median 1.57).

  • critical

    The operating result does not cover the financial costs. How will the debt be serviced, and what do the lenders say?

    Based on: Interest coverage (times) −2.7 (median 8.1); Financial costs as a share of debt 8.7% (median 0.5%).

  • watch

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

    Based on: Profit margin −21.3% (median 6.3%).

  • 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 −15.8% (median 6.0%).

  • watch

    Current liabilities exceed current assets other than bank deposits, and the current ratio is weak. Is it customer prepayments and supplier credit that fund the operations, or short-term loans that must be renewed?

    Based on: Net working capital to revenue −54.0% (median −8.6%); Current ratio 0.22 (median 1.57).

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

Financial costs were 8.7% 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

  • critical Negative equity
Stress test · 2026

Scenario analysis: the sector's weakest year

We have no accounts for 2026, the sector's weakest year, for this company.

The sector's weakest year was 2026, 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

Components · 2023

What the score is made of

Profitability10 weight 40%
Solidity0 weight 20%
Liquidity4 weight 5%
Growth– no data, left out
Consistency3 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.

Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue2 MNOK2 MNOK
Operating margin −15.8% 6.0% 15 %
Profit margin −21.3% 6.3% shown, not part of the index
Return on assets −92.3% 11.4% 4 %
Equity ratio −313.3% 40.4% 1 %
Debt-to-equity – 1.10 not compared
Current ratio 0.22 1.57 4 %
Revenue growth – 0.0% not compared

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 6, Tivitysoft AS does better than 3% of companies in the Morning class Micro in the same sector (4,298 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Tivitysoft AS
  • Median: companies in the Morning class Micro in the same sector
Working capital and debt · 2023

Working capital and debt

Working capital and debt · 2023
MeasureCompanyMedianHigher than
Working capital
Receivable days
All current receivables, including those on group companies, in days of revenue.
54 days 55 days 49 %
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.
0 days 0 days 34 %
Net working capital to revenue
Current assets less bank deposits less current liabilities, divided by revenue. Negative: short-term debt funds the operations.
−54.0% −8.6% 9 %
Cash share of current assets
How much of the short-term buffer is bank deposits and cash.
1.2% 55.3% 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.
−2.7 8.1 29 %
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.
8.7% 0.5% 91 %
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% 30 %

The operating result is negative, so the interest coverage is negative: operations cover none of the financial costs.

Net working capital (current assets less bank deposits less current liabilities): −1.2 MNOK.

Of the financial costs of 0.1 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.

Analysis · 2023

What the numbers say

Tivitysoft AS had an operating margin of −15.8% and an equity ratio of −313.3% in 2023, and ranks 6,371 of 6,513 in Informasjon og kommunikasjon.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

MethodInputMultipleListed basisEstimate
P/E Net profit: −0.5 MNOK 18.0 – not meaningful
EV/EBIT Operating profit: −0.3 MNOK 14.9 – not meaningful
P/B Equity: −1.1 MNOK 3.6 – not meaningful

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

2023

Questions and answers

How profitable is Tivitysoft AS?

The operating margin was −15.8% in 2023, against a median of 6.0% among companies in the Morning class Micro in the same sector. Return on assets was −92.3%. The company made a loss before tax.

How solid is Tivitysoft AS?

The equity ratio was −313.3% in 2023 (median 40.4%). Equity is negative, so liabilities exceed assets.

What is the liquidity of Tivitysoft AS like?

The current ratio was 0.22 in 2023 (median 1.57). Current assets did not cover current liabilities.

How does Tivitysoft AS compare in Informasjon og kommunikasjon?

Tivitysoft AS ranks 6,371 of 6,513 in Informasjon og kommunikasjon for 2023. Among companies in the Morning class Micro it is number 4,183 of 4,298.

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: 100% of the shares changed owner (1 new and 1 departed owners). The majority owner changed.
Departed (companies): Comactivityconsulting AB

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.

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Figures last fetched 9 November 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index61056
Rank6,3716,8702,780
Operating margin−15.8%−38.4%20.2%
Return on assets−92.3%−102.1%49.6%
Equity ratio−313.3%−274.5%−120.3%
Current ratio0.220.250.44
Revenue growth–−16.1%46.5%

Accounts

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

Key figure202320242025
Operating revenue2.2 MNOK1.9 MNOK2.7 MNOK
Operating profit−0.3 MNOK−0.7 MNOK0.5 MNOK
Profit before tax−0.5 MNOK−0.8 MNOK0.5 MNOK
Tax expense–––
Net profit−0.5 MNOK−0.8 MNOK0.5 MNOK
Financial expenses0.1 MNOK0.0 MNOK0.0 MNOK
Total assets0.4 MNOK0.7 MNOK1.1 MNOK
Current assets0.3 MNOK0.7 MNOK1.1 MNOK
Equity−1.1 MNOK−1.9 MNOK−1.4 MNOK
Retained earnings−1.2 MNOK−2.0 MNOK−1.5 MNOK
Total liabilities1.5 MNOK2.6 MNOK2.5 MNOK
Current liabilities1.5 MNOK2.6 MNOK2.5 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 9 November 2026, accounts id 5293555.