Serverdrift AS

Org. no. 987664215 · Ålesund · 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 3.4 MNOK Micro
Net profit · 2023 0.9 MNOK
Equity · 2023 0.7 MNOK
Founded 2004 21 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 33.2% Better than the industry Industry: 6.0%
  • Returns · return on assets 58.9% Better than the industry Industry: 11.4%
  • Solidity · equity ratio 36.1% About like the industry Industry: 40.4%
  • Liquidity · current ratio 1.56 About like 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

67of 100

How to read this: the company is ahead of 75 % of companies in the Morning class Micro in the same sector in 2023. What does this mean?

Rank in the Morning class Micro: 1,064 of 4,298 · What are Morning company classes?
Place in the whole sector: 1,499 of 6,513 · Informasjon og kommunikasjon

Profile

Cheetah · Sprinter

High profitability, lower resilience

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 85 and resilience 46 out of 100 among companies in the Morning class Micro in the same sector in 2023. Methodology

Against the sector

Serverdrift AS is 17 points above 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 33.2% (median 6.0%) and equity ratio 36.1% (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 4.2 MNOK. The operating margin is about the same: 33.7% in 2025 against 33.2% in 2023. The equity ratio is about the same: 35.1% in 2025 against 36.1% in 2023.

Score · 2025 68 about the same since 2023
Operating revenue · 2025 4.2 MNOK +23% since 2023 (better)
Net profit · 2025 1.3 MNOK +40% since 2023 (better)
Operating margin · 2025 33.7% about the same since 2023
Equity ratio · 2025 35.1% about the same since 2023
Current ratio · 2025 1.54 about the same since 2023

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 revenue3.4 MNOK3.4 MNOK4.2 MNOK
Operating profit1.1 MNOK1.0 MNOK1.4 MNOK
Net profit0.9 MNOK0.9 MNOK1.3 MNOK
Total assets2.0 MNOK1.9 MNOK2.4 MNOK
Equity0.7 MNOK0.7 MNOK0.8 MNOK
Total liabilities1.3 MNOK1.2 MNOK1.6 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.
987664215
Legal form
AS
Sector
Informasjon og kommunikasjon (63.100)
Purpose
Databehandling, konsulentvirksomhet og handel med datautstyr og annet som naturlig hører sammen med dette.
Morning company class
Micro
Employees
0–4 (not registered) Payroll costs in the accounts: 0.0 MNOK (2023).
Founded
26 December 2004 21 years in operation
Share capital
0.13 MNOK
Business address
Molovegen 3B, 6004 ÅLESUND
Municipality
Ålesund rank 2–6 of 10 in KOSTRA group 11
Audit
Audit opted out from 3 November 2011
Latest accounts filed
2025
VAT registered
Yes
Former names
Asp24 AS until 2013, Cflow Asp24 AS until 2008, Cflow Production AS until 2006
LEI
5493002CIP36NJB93M68 renews 5 February 2027
The company's business municipality, Ålesund. 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

No rules were triggered for this year.

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

Financial costs were 0.6% 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.

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

Profitability85 weight 40%
Solidity42 weight 20%
Liquidity50 weight 5%
Growth– no data, left out
Consistency53 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 revenue3 MNOK2 MNOK
Operating margin 33.2% 6.0% 81 %
Profit margin 34.2% 6.3% shown, not part of the index
Return on assets 58.9% 11.4% 88 %
Equity ratio 36.1% 40.4% 46 %
Debt-to-equity 1.77 1.10 38 %
Current ratio 1.56 1.57 50 %
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 67, Serverdrift AS does better than 75% of companies in the Morning class Micro in the same sector (4,298 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Serverdrift 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.
35 days 55 days 33 %
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.
28 days 0 days 84 %
Net working capital to revenue
Current assets less bank deposits less current liabilities, divided by revenue. Negative: short-term debt funds the operations.
−20.2% −8.6% 29 %
Cash share of current assets
How much of the short-term buffer is bank deposits and cash.
70.6% 55.3% 65 %
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.
153.0 8.1 73 %
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.
0.6% 0.5% 52 %
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 %

Net working capital (current assets less bank deposits less current liabilities): −0.7 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.

Analysis · 2023

What the numbers say

Serverdrift AS had an operating margin of 33.2% and an equity ratio of 36.1% in 2023, and ranks 1,499 of 6,513 in Informasjon og kommunikasjon.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 2 MNOK and 12 MNOK.

MethodInputMultipleListed basisEstimate
P/E Net profit: 0.9 MNOK 18.0 17 MNOK 10 MNOK
EV/EBIT Operating profit: 1.1 MNOK
less net debt −1.4 MNOK (rough figure)
14.9 18 MNOK 12 MNOK
P/B Equity: 0.7 MNOK 3.6 3 MNOK 2 MNOK
EV/EBIT: from enterprise value to equityNOK
Enterprise value (EV) at the listed multiple17 MNOK
Enterprise value after the size adjustment10 MNOK
Less net debt (rough figure)−1 MNOK
Equity value12 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 (63): 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 Serverdrift AS?

The operating margin was 33.2% in 2023, against a median of 6.0% among companies in the Morning class Micro in the same sector. Return on assets was 58.9%.

How solid is Serverdrift AS?

The equity ratio was 36.1% in 2023 (median 40.4%). Debt-to-equity was 1.77 (median 1.10).

What is the liquidity of Serverdrift AS like?

The current ratio was 1.56 in 2023 (median 1.57).

How does Serverdrift AS compare in Informasjon og kommunikasjon?

Serverdrift AS ranks 1,499 of 6,513 in Informasjon og kommunikasjon for 2023. Among companies in the Morning class Micro it is number 1,064 of 4,298.

Ownership and roles

Loading roles …

Source: Central Coordinating Register, fetched 7 November 2026. Only names are shown.

Parent company
No parent company: owned by persons

Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 30 October 2026. The parent is the one the company itself reported to GLEIF.

Shareholders (2025)

Number of shareholders
2 (one owner holds more than half)
Largest owner
50.0%
Split
companies 0% · private persons 100% · foreign 0%
Owned from the same municipality
50%
Group chain
Ultimate owner: private person

Change 2007–2025: 75% of the shares changed owner (1 new and 1 departed owners). The majority owner changed.
Departed (companies): Chile Invest AS

Holds shares in: Gjensidige Forsikring ASA (0%), Orkla ASA (0%)

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
Index676068
Rank1,4992,0861,049
Operating margin33.2%29.4%33.7%
Return on assets58.9%57.0%66.4%
Equity ratio36.1%38.7%35.1%
Current ratio1.561.631.54
Revenue growth–−0.1%23.1%

Accounts

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

Key figure202320242025
Operating revenue3.4 MNOK3.4 MNOK4.2 MNOK
Operating profit1.1 MNOK1.0 MNOK1.4 MNOK
Profit before tax1.2 MNOK1.1 MNOK1.6 MNOK
Tax expense0.3 MNOK0.2 MNOK0.3 MNOK
Net profit0.9 MNOK0.9 MNOK1.3 MNOK
Financial expenses0.0 MNOK––
Total assets2.0 MNOK1.9 MNOK2.4 MNOK
Current assets2.0 MNOK1.9 MNOK2.4 MNOK
Equity0.7 MNOK0.7 MNOK0.8 MNOK
Retained earnings0.6 MNOK0.6 MNOK0.7 MNOK
Total liabilities1.3 MNOK1.2 MNOK1.6 MNOK
Current liabilities1.3 MNOK1.2 MNOK1.6 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 9 November 2026, accounts id 4590217.