Dynaplan AS

Org. no. 986751459 · Oslo · Founded 2004

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 2025

65of 100

How to read this: the company is ahead of 78 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?

Rank in the Morning class Micro: 1,063 of 4,817 · What are Morning company classes?
Place in the whole sector: 1,524 of 7,315 · Informasjon og kommunikasjon

Profile

Lion · Leader

High profitability, high resilience

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 71 and resilience 88 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology

Against the sector

Dynaplan AS is 14 points above the median for companies in the Morning class Micro in the same sector in 2025.

Median score 51 among 4,811 companies.

Against companies in the Morning class Micro in the same sector in 2025: operating margin 48.9% (median 6.6%) and equity ratio 90.6% (median 39.5%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 9 November 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue7 MNOK3 MNOK
Operating margin 48.9% 6.6% 90 %
Profit margin 40.1% 6.8% shown, not part of the index
Return on assets 13.8% 13.1% 51 %
Equity ratio 90.6% 39.5% 94 %
Debt-to-equity 0.10 1.07 93 %
Current ratio 10.41 1.54 95 %
Revenue growth −34.6% 6.5% 7 %

The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 65, Dynaplan AS does better than 78% of companies in the Morning class Micro in the same sector (4,817 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Dynaplan AS
  • Median: companies in the Morning class Micro in the same sector
Working capital and debt · 2025

Working capital and debt

Working capital and debt · 2025
MeasureCompanyMedianHigher than
Working capital
Receivable days
All current receivables, including those on group companies, in days of revenue.
125 days 46 days 82 %
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.
0.0% −9.3% 70 %
Cash share of current assets
How much of the short-term buffer is bank deposits and cash.
90.4% 56.5% 85 %
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.
4.8 9.0 45 %
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.
29.9% 0.8% 96 %
Long-term share of debt
Long-term debt as a share of all debt. A low share means more falls due within a year.
– 0.3% not compared

Net working capital (current assets less bank deposits less current liabilities): 0.0 MNOK.

The median and the bar refer to companies in the Morning class Micro in the same sector in 2025. 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.

Summary analysis

Dynaplan AS has a score of 65 for 2025, rank 1,524 of 7,315 in the sector.

Strongest: Liquidity: percentile 95 against peers, current ratio 10.41 against a median of 1.54. Solidity: percentile 94 against peers, equity ratio 90.6% against a median of 39.5%.

Weakest: Growth: percentile 22 against peers, revenue growth −34.6% against a median of 6.5%.

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

The industry or the company: what drove the result?

In 2025 the operating margin of Dynaplan AS fell by 3.9 percentage points. Comparable companies rose by a median 1.6 points. So the company did 5.4 points weaker than the industry, for reasons of its own.

Over 2 year-to-year changes Dynaplan AS moved the same way as comparable companies 0 times. About 6% of the changes in operating margin were common to the industry; the rest was the company's own.

The operating margin of Dynaplan AS against comparable companies, year by year
YearThe companyComparable (median) Change, companyChange, industryThe company's own
202452.8%5.0% +32.8 percentage points −1.0 percentage points +33.8 percentage points
202548.9%6.6% −3.9 percentage points +1.6 percentage points −5.4 percentage points

Comparable companies are those in the same industry and Morning company class. Their change shows what hit the whole industry, the sector drivers below included. The rest is the company's own: contracts, costs, one-off items or operations. The share is approximate, and we claim no cause.

The company and its sector's drivers

Prices, rate and currency that shape the sector's year, year by year beside the operating margin of Dynaplan AS. The figures stand side by side; we claim no cause.

Service prices: information and communication (indeks (2021 = 100))

Service prices: information and communication rose 4.0% in 2025; the operating margin of Dynaplan AS fell 3.9 percentage points.

Service prices: information and communication per year and the operating margin of Dynaplan AS
Measure202120222023202420252026
Service prices: information and communication, annual average100.0103.3108.7112.2116.7120.0 (so far)
Change from the year before–+3.2%+5.3%+3.2%+4.0%+2.8%
The company's operating margin––20.0%52.8%48.9%–

Source: SSB (14335, CC BY 4.0). Source

Turnover index: information and communication (indeks (2021 = 100))

Turnover index: information and communication rose 4.6% in 2025; the operating margin of Dynaplan AS fell 3.9 percentage points.

Turnover index: information and communication per year and the operating margin of Dynaplan AS
Measure202120222023202420252026
Turnover index: information and communication, annual average99.6111.4126.4128.3134.2141.3 (so far)
Change from the year before+14.7%+11.8%+13.5%+1.5%+4.6%+5.3%
The company's operating margin––20.0%52.8%48.9%–

Source: SSB (13863, CC BY 4.0). Source

USD/NOK (kr)

USD/NOK fell 3.3% in 2025; the operating margin of Dynaplan AS fell 3.9 percentage points.

USD/NOK per year and the operating margin of Dynaplan AS
Measure202120222023202420252026
USD/NOK, annual average8.599.6110.5610.7510.399.54 (so far)
Change from the year before−8.8%+11.9%+9.9%+1.7%−3.3%−8.2%
The company's operating margin––20.0%52.8%48.9%–

Source: Norges Bank (EXR, NLOD 2.0). Source

Policy rate (prosent)

Policy rate fell 0.20 percentage points in 2025; the operating margin of Dynaplan AS fell 3.9 percentage points.

Policy rate per year and the operating margin of Dynaplan AS
Measure202120222023202420252026
Policy rate, annual average0.081.323.544.504.304.17 (so far)
Change from the year before−0.28 percentage points+1.24 percentage points+2.22 percentage points+0.96 percentage points−0.20 percentage points−0.12 percentage points
The company's operating margin––20.0%52.8%48.9%–

Source: Norges Bank (IR, NLOD 2.0). Source

Consumer price index (indeks (2025 = 100))

Consumer price index rose 3.0% in 2025; the operating margin of Dynaplan AS fell 3.9 percentage points.

Consumer price index per year and the operating margin of Dynaplan AS
Measure202120222023202420252026
Consumer price index, annual average84.389.294.197.0100.0103.0 (so far)
Change from the year before+3.5%+5.8%+5.5%+3.2%+3.0%+3.0%
The company's operating margin––20.0%52.8%48.9%–

Source: SSB (14710, CC BY 4.0). Source

Wage index: IT services (indeks)

Wage index: IT services rose 4.4% in 2025; the operating margin of Dynaplan AS fell 3.9 percentage points.

Wage index: IT services per year and the operating margin of Dynaplan AS
Measure202120222023202420252026
Wage index: IT services, annual average84.987.892.397.3101.5105.4 (so far)
Change from the year before+4.9%+3.5%+5.1%+5.4%+4.4%+3.8%
The company's operating margin––20.0%52.8%48.9%–

Source: SSB (12314, CC BY 4.0). Source

We show the drivers and the margin side by side and claim no cause. Sensitivity per company is not computed until we have at least 10 years of accounts per company: with three years such figures are false precision.

Analysis · 2025

What the numbers say

Dynaplan AS had an operating margin of 48.9% and an equity ratio of 90.6% in 2025, and ranks 1,524 of 7,315 in Informasjon og kommunikasjon.

From 2024 to 2025: revenue fell by 35% and the operating margin fell from 52.8% to 48.9%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 21 MNOK and 52 MNOK.

MethodInputMultipleListed basisEstimate
P/E Net profit (mean 2023–2025): 3.4 MNOK 17.4 60 MNOK 37 MNOK
EV/EBIT Operating profit (mean 2023–2025): 3.7 MNOK
less net debt −23.8 MNOK (rough figure)
12.4 70 MNOK 52 MNOK
P/B Equity: 24.5 MNOK 1.4 34 MNOK 21 MNOK
EV/EBIT: from enterprise value to equityNOK
Enterprise value (EV) at the listed multiple46 MNOK
Enterprise value after the size adjustment29 MNOK
Less net debt (rough figure)−24 MNOK
Equity value52 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. Net debt is −84% of the enterprise value after the size adjustment, so the equity value from EV/EBIT is sensitive to errors in the debt figure.

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 (58): Publishing & Newspapers.

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

Indications · 2025

Worth a closer look

  • watch

    Receivables equal far more days of revenue than at comparable companies. Do customers pay late, or are these loans to companies in the same group?

    Based on: Receivable days 125 days (median 46 days).

  • positive

    Upper quartile on profitability, solidity and liquidity. What sets this company apart from the rest of the sector?

    Based on: Operating margin 48.9% (median 6.6%); Equity ratio 90.6% (median 39.5%); Current ratio 10.41 (median 1.54).

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

Financial costs were 29.9% of the debt in 2025. The policy rate averaged 4.30 % 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.

Stress test · 2022

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

Components · 2025

What the score is made of

Profitability71 weight 40%
Solidity94 weight 20%
Liquidity95 weight 5%
Growth22 weight 25%
Consistency72 weight 10%

Three goals: profitability 40%, growth 25%, resilience 35%. Why these weights?

Durability: 72 (average over 3 years)

Index version 3. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is Dynaplan AS?

The operating margin was 48.9% in 2025, against a median of 6.6% among companies in the Morning class Micro in the same sector. Return on assets was 13.8%.

How solid is Dynaplan AS?

The equity ratio was 90.6% in 2025 (median 39.5%). Debt-to-equity was 0.10 (median 1.07).

What is the liquidity of Dynaplan AS like?

The current ratio was 10.41 in 2025 (median 1.54).

How does Dynaplan AS compare in Informasjon og kommunikasjon?

Dynaplan AS ranks 1,524 of 7,315 in Informasjon og kommunikasjon for 2025. Among companies in the Morning class Micro it is number 1,063 of 4,817. Revenue changed by −34.6% from the year before.

2025

Competitors

The 8 closest competitors in the same line of business, placed in the same matrix as the sector page: profitability up, resilience to the right. These are the companies the competitor analysis and the strategy report compare with.

Grassfish Norway AS: 31 / 88Zerosubnet AS: 46 / 71Deem AS: 90 / 42Bass AS: 25 / 64Rasterex Software AS: 51 / 40Flexi Soft AS: 21 / 28Dynaplan AS: 71 / 88Clue Norge AS: 77 / 56Systempartner International AS: 40 / 3700252550507575100100Resilience, percentile against peers →↑ Profitability, percentile against peers

CompanyProfileOperating revenueOperating marginScore
Grassfish Norway AS · same municipality Elephant 8 MNOK −3.6% 49
Zerosubnet AS Elephant 8 MNOK 5.2% 47
Deem AS Cheetah 8 MNOK 45.1% 64
Bass AS Elephant 8 MNOK −17.2% 49
Rasterex Software AS · same municipality Cheetah 8 MNOK 6.7% 45
Flexi Soft AS Beaver 7 MNOK −4.4% 31
Dynaplan AS (this company) Lion 7 MNOK 48.9% 65
Clue Norge AS · same municipality Lion 7 MNOK 48.7% 60
Systempartner International AS · same municipality Beaver 7 MNOK 2.1% 43

The selection is the closest in revenue within the same industry code. When you order, you can swap competitors. Order competitor analysis

From the Central Coordinating Register

Org. no.
986751459
Legal form
AS
Sector
Informasjon og kommunikasjon (58.290)
Morning company class
Micro
Employees
0–4 (not registered)
Founded
1 February 2004 22 years in operation
Share capital
0.12 MNOK
Business address
c/o CSC (Norway) AS, Bryggegata 6, 0250 OSLO
Municipality
Oslo rank 63–220 of 357 in Norway
Latest accounts filed
2025
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
1 (one owner)
Largest owner
100.0%
Split
companies 100% · private persons 0% · foreign 100%
Group chain
Ultimate owner: Orgvue Holdings LIMITED
  • Orgvue Holdings LIMITED (United Kingdom) · 100.0%

Change 2007–2025: 75% of the shares changed owner (1 new and 6 departed owners). The majority owner changed. Foreign owners now hold more than half.
New owners (companies): Orgvue Holdings LIMITED

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.

Report an issue

Is this your company? Suggest changes or add information

Figures last fetched 9 November 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index618965
Rank2,046281,524
Operating margin20.0%52.8%48.9%
Return on assets7.2%28.6%13.8%
Equity ratio61.8%86.1%90.6%
Current ratio1.273.6510.41
Revenue growth–38.7%−34.6%

Accounts

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

Key figure202320242025
Operating revenue8.1 MNOK11.3 MNOK7.4 MNOK
Operating profit1.6 MNOK6.0 MNOK3.6 MNOK
Profit before tax1.8 MNOK7.4 MNOK3.0 MNOK
Tax expense−0.4 MNOK1.6 MNOK0.6 MNOK
Net profit2.2 MNOK5.7 MNOK2.3 MNOK
Financial expenses–0.0 MNOK0.8 MNOK
Total assets25.6 MNOK25.7 MNOK27.0 MNOK
Current assets12.4 MNOK13.1 MNOK26.4 MNOK
Equity15.8 MNOK22.1 MNOK24.5 MNOK
Retained earnings15.3 MNOK21.6 MNOK23.9 MNOK
Total liabilities9.8 MNOK3.6 MNOK2.5 MNOK
Current liabilities9.8 MNOK3.6 MNOK2.5 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 9 November 2026, accounts id 6534279.