Mambo AS

Org. no. 990658307 · Oslo · Founded 2006

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

71of 100

How to read this: the company is ahead of 88 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?

Rank in the Morning class Micro: 92 of 790 · What are Morning company classes?
Place in the whole sector: 153 of 1,323 · Finans og forsikring

Profile

Lion · Leader

High profitability, high resilience

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 75 and resilience 73 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology

Against the sector

Mambo AS is 20 points above the median for companies in the Morning class Micro in the same sector in 2025.

Median score 51 among 790 companies.

Against companies in the Morning class Micro in the same sector in 2025: operating margin 98.4% (median 80.9%) and equity ratio 98.7% (median 90.5%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 10 November 2026Report an issue
Development

How it has gone · 2023–2025

Revenue rose by 8 % from 2023 to 2025, to 2.5 MNOK. The operating margin rose from 95.9% in 2023 to 98.4% in 2025. The equity ratio is about the same: 98.7% in 2025 against 98.9% in 2023.

Score · 2025 71 −3 points since 2023 (weaker)
Operating revenue · 2025 2.5 MNOK +8% since 2023 (better)
Net profit · 2025 2.6 MNOK +13% since 2023 (better)
Operating margin · 2025 98.4% +2.6 pp since 2023 (better)
Equity ratio · 2025 98.7% about the same since 2023
Current ratio · 2025 76.82 −11.15 since 2023 (weaker)

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

Summary analysis

Mambo AS has a score of 71 for 2025, rank 153 of 1,323 in the sector.

Strongest: Liquidity: percentile 80 against peers, current ratio 76.82 against a median of 8.20. Solidity: percentile 77 against peers, equity ratio 98.7% against a median of 90.5%.

No area is clearly below its peers.

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

Indications · 2025

Worth a closer look

  • positive

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

    Based on: Operating margin 98.4% (median 80.9%); Equity ratio 98.7% (median 90.5%); Current ratio 76.82 (median 8.20).

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

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 −13.5%. Based on the 7 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability75 weight 40%
Solidity77 weight 20%
Liquidity80 weight 5%
Growth61 weight 25%
Consistency63 weight 10%

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

Durability: 68 (average over 3 years)

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

Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue3 MNOK3 MNOK
Operating margin 98.4% 80.9% 88 %
Profit margin 101.1% 82.2% shown, not part of the index
Return on assets 15.7% 11.5% 61 %
Equity ratio 98.7% 90.5% 77 %
Debt-to-equity 0.01 0.10 77 %
Current ratio 76.82 8.20 80 %
Revenue growth 39.4% 9.8% 65 %

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 71, Mambo AS does better than 88% of companies in the Morning class Micro in the same sector (790 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Mambo 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.
– 40 days not compared
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.
– 10 days not compared
Net working capital to revenue
Current assets less bank deposits less current liabilities, divided by revenue. Negative: short-term debt funds the operations.
602.2% 156.4% 70 %
Cash share of current assets
How much of the short-term buffer is bank deposits and cash.
5.1% 15.2% 34 %
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.
– 30.5 not compared
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.
– 2.4% not compared
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% 27.3% 4 %

Net working capital (current assets less bank deposits less current liabilities): 15.3 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.

The industry or the company: what drove the result?

In 2025 the operating margin of Mambo AS rose by 1.3 percentage points. Comparable companies rose by a median 1.1 points. So the company did 0.2 points better than the industry, for reasons of its own.

Over 2 year-to-year changes Mambo AS moved the same way as comparable companies 2 times. About 57% of the changes in operating margin were common to the industry; the rest was the company's own.

The operating margin of Mambo AS against comparable companies, year by year
YearThe companyComparable (median) Change, companyChange, industryThe company's own
202497.1%79.8% +1.3 percentage points +7.4 percentage points −6.2 percentage points
202598.4%80.9% +1.3 percentage points +1.1 percentage points +0.2 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 Mambo AS. The figures stand side by side; we claim no cause.

Policy rate (prosent)

Policy rate fell 0.20 percentage points in 2025; the operating margin of Mambo AS rose 1.3 percentage points.

Policy rate per year and the operating margin of Mambo 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––95.9%97.1%98.4%–

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 Mambo AS rose 1.3 percentage points.

Consumer price index per year and the operating margin of Mambo 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––95.9%97.1%98.4%–

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

Wage index: financial services (indeks)

Wage index: financial services rose 4.6% in 2025; the operating margin of Mambo AS rose 1.3 percentage points.

Wage index: financial services per year and the operating margin of Mambo AS
Measure202120222023202420252026
Wage index: financial services, annual average87.190.494.298.9103.5107.3 (so far)
Change from the year before+2.9%+3.8%+4.1%+5.0%+4.6%+3.7%
The company's operating margin––95.9%97.1%98.4%–

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

Mambo AS had an operating margin of 98.4% and an equity ratio of 98.7% in 2025, and ranks 153 of 1,323 in Finans og forsikring.

From 2024 to 2025: revenue grew by 39%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 12 MNOK and 17 MNOK.

MethodInputMultipleListed basisEstimate
P/E Net profit (mean 2023–2025): 2.2 MNOK 12.3 27 MNOK 17 MNOK
EV/EBIT Operating profit: 2.2 MNOK – – not used in the sector
P/B Equity: 16.1 MNOK 1.2 19 MNOK 12 MNOK

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 NACE code has no listed industry of its own in the table, so the multiples are the sector median: Bank (Money Center), Banks (Regional), Insurance (General), Investments & Asset Management, Financial Svcs. (Non-bank & Insurance).

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

2025

Questions and answers

How profitable is Mambo AS?

The operating margin was 98.4% in 2025, against a median of 80.9% among companies in the Morning class Micro in the same sector. Return on assets was 15.7%.

How solid is Mambo AS?

The equity ratio was 98.7% in 2025 (median 90.5%). Debt-to-equity was 0.01 (median 0.10).

What is the liquidity of Mambo AS like?

The current ratio was 76.82 in 2025 (median 8.20).

How does Mambo AS compare in Finans og forsikring?

Mambo AS ranks 153 of 1,323 in Finans og forsikring for 2025. Among companies in the Morning class Micro it is number 92 of 790. Revenue changed by 39.4% 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.

Mha Holding AS: 49 / 74Stay Sick AS: 73 / 79Erik Sandboe Holding AS: 93 / 84Nama Investment Partners AS: 37 / 74Mambo AS: 75 / 73Gsl Invest AS: 59 / 45Livi Invest AS: 68 / 58Brakstad Invest AS: 64 / 44AS DRAUPNER: 35 / 3700252550507575100100Resilience, percentile against peers →↑ Profitability, percentile against peers

CompanyProfileOperating revenueOperating marginScore
Mha Holding AS Elephant 3 MNOK 88.2% 49
Stay Sick AS Lion 3 MNOK 93.3% 60
Erik Sandboe Holding AS Lion 3 MNOK 99.6% 78
Nama Investment Partners AS · same municipality Elephant 3 MNOK 82.5% 56
Mambo AS (this company) Lion 3 MNOK 98.4% 71
Gsl Invest AS Cheetah 3 MNOK 97.1% 45
Livi Invest AS Lion 3 MNOK 93.4% 64
Brakstad Invest AS Cheetah 3 MNOK 91.2% 65
AS DRAUPNER · same municipality Beaver 3 MNOK 79.4% 50

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.
990658307
Legal form
AS
Sector
Finans og forsikring (64.323)
Purpose
Investere i verdipapirer og leie ut artistisk personell.
Morning company class
Micro
Employees
0–4 (not registered)
Founded
18 November 2006 19 years in operation
Share capital
2.45 MNOK
Business address
c/o Petter Woxen, Middelthuns gate 19, 0368 OSLO
Municipality
Oslo rank 63–220 of 357 in Norway
Audit
Audit opted out from 18 September 2012
Latest accounts filed
2025
VAT registered
No
LEI
549300YLPH6I5P20Z240 renews 17 December 2027
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 8 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
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: no material change in the owners.

The portfolio: 10 of the companies it owns shares in have accounts with us, 0 of them as majority owner. The average index is 44. 0 have negative equity and 2 made a loss in the latest year.

Holds shares in: Bouvet ASA (0%), Pioneer Property Group ASA (0%), Vistin Pharma ASA (0%), Veidekke ASA (0%), Vår Energi ASA (0%), Stainless Tankers ASA (0%), Pareto Bank ASA (0%), Klaveness Combination Carriers 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 10 November 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index736071
Rank164350153
Operating margin95.9%97.1%98.4%
Return on assets18.7%12.9%15.7%
Equity ratio98.9%98.8%98.7%
Current ratio87.9785.0376.82
Revenue growth–−22.6%39.4%

Accounts

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

Key figure202320242025
Operating revenue2.4 MNOK1.8 MNOK2.5 MNOK
Operating profit2.3 MNOK1.8 MNOK2.5 MNOK
Profit before tax2.3 MNOK1.8 MNOK2.6 MNOK
Tax expense–––
Net profit2.3 MNOK1.8 MNOK2.6 MNOK
Financial expenses0.0 MNOK––
Total assets12.2 MNOK13.9 MNOK16.3 MNOK
Current assets12.2 MNOK13.9 MNOK16.3 MNOK
Equity12.1 MNOK13.8 MNOK16.1 MNOK
Retained earnings9.7 MNOK11.3 MNOK13.7 MNOK
Total liabilities0.1 MNOK0.2 MNOK0.2 MNOK
Current liabilities0.1 MNOK0.2 MNOK0.2 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 10 November 2026, accounts id 6419335.