Safety Computing AS

Org. no. 992508191 · Oslo · Founded 2008 · 11 employees

Score · fiscal year 2024

44of 100

How to read this: the company is ahead of 35 % of companies in the Morning class Small in the same sector in 2024. What does this mean?

Rank in the Morning class Small: 682 of 1,053 · What are Morning company classes?
Place in the whole sector: 2,061 of 3,254 · Informasjon og kommunikasjon

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 25 and solidity 82 out of 100 among companies in the Morning class Small in the same sector in 2024. Methodology

Against the sector

Safety Computing AS is 6 points below the median for companies in the Morning class Small in the same sector in 2024.

Median score 50 among 1,053 companies.

Against companies in the Morning class Small in the same sector in 2024: operating margin −1.8% (median 4.5%) and equity ratio 63.9% (median 34.2%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 5 November 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue19 MNOK22 MNOK
Operating margin −1.8% 4.5% 28 %
Profit margin −1.9% 4.4% shown, not part of the index
Return on assets −6.8% 9.0% 22 %
Equity ratio 63.9% 34.2% 83 %
Debt-to-equity 0.57 1.68 81 %
Current ratio 0.96 1.33 24 %
Revenue growth 4.2% 7.8% 41 %
Revenue per employee1.72 MNOK1.73 MNOK

The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 44, Safety Computing AS does better than 35% of companies in the Morning class Small in the same sector (1,053 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Safety Computing AS
  • Median: companies in the Morning class Small in the same sector
Analysis · 2024

What the numbers say

Safety Computing AS had an operating margin of −1.8% and an equity ratio of 63.9% in 2024, and ranks 2,061 of 3,254 in Informasjon og kommunikasjon.

From 2023 to 2024: the equity ratio rose from 58.7% to 63.9%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

One method gives a figure: 4 MNOK.

MethodInputMultipleListed basisEstimate
P/E Net profit (mean 2023–2024): −0.2 MNOK 17.7 – not meaningful
EV/EBIT Operating profit (mean 2023–2024): −0.2 MNOK 14.3 – not meaningful
P/B Equity: 3.1 MNOK 2.6 8 MNOK 4 MNOK

The listed basis is the value at listed multiples. The estimate is lowered by 51% for an unlisted company: 20% for lack of marketability and 38% for size (a small-company premium of 4% on the cost of equity).

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 · 2024

Worth a closer look

  • watch

    Consider strengthening liquidity: current liabilities are 1.0 times current assets.

    Based on: Current ratio 0.96 (median 1.33).

  • watch

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

    Based on: Profit margin −1.9% (median 4.4%).

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

Financial costs were 1.0% 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

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 · 2024

What the score is made of

Profitability25 weight 30%
Solidity82 weight 25%
Liquidity24 weight 15%
Growth41 weight 15%
Consistency43 weight 15%

Durability: 46 (average over 2 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2024

Questions and answers

How profitable is Safety Computing AS?

The operating margin was −1.8% in 2024, against a median of 4.5% among companies in the Morning class Small in the same sector. Return on assets was −6.8%. The company made a loss before tax.

How solid is Safety Computing AS?

The equity ratio was 63.9% in 2024 (median 34.2%). Debt-to-equity was 0.57 (median 1.68).

What is the liquidity of Safety Computing AS like?

The current ratio was 0.96 in 2024 (median 1.33). Current assets did not cover current liabilities.

How does Safety Computing AS compare in Informasjon og kommunikasjon?

Safety Computing AS ranks 2,061 of 3,254 in Informasjon og kommunikasjon for 2024. Among companies in the Morning class Small it is number 682 of 1,053. Revenue changed by 4.2% from the year before.

Group structure · 2025

2 companies in the group according to the shareholder register for 2025. A company counts as a subsidiary when a Norwegian company owns more than half of its shares.

Private persons own 100% of the shares in Rudi Baumgarten Net AS. Persons are not shown by name.

Rudi Baumgarten Net AS has not filed group accounts in open data, so the group has no index of its own. Each company has its own accounts.

  • Rudi Baumgarten Net AS not in our data
    • Safety Computing AS you are here 90% owned · operating · index 51 · number 1546 of 3294 in Informasjon og kommunikasjon

Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.

Source: the Norwegian Tax Administration's shareholder register 2025 (majority owner with more than 50 % of the shares). Voting agreements and ownership through other countries are not included.

From the Central Coordinating Register

Org. no.
992508191
Legal form
AS
Sector
Informasjon og kommunikasjon (63.100)
Morning company class
Small
Employees
11 registered 10 May 2026
Founded
31 March 2008 18 years in operation
Share capital
2.50 MNOK
Business address
Østensjøveien 14A, 0661 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 3 November 2026. Only names are shown.

Shareholders (2025)

Number of shareholders
2 (one owner holds more than half)
Largest owner
90.1%
Split
companies 90% · private persons 10% · foreign 0%
Owned from the same municipality
90%
Group chain
Owned by: Rudi Baumgarten Net AS (90%)
Ultimate owner: private person

The company is new in the shareholder register in 2025.

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

Figures last fetched 5 November 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index484451
Rank1,6222,0611,546
Operating margin−0.7%−1.8%2.1%
Return on assets−2.1%−6.8%7.7%
Equity ratio58.7%63.9%57.6%
Current ratio1.220.961.06
Revenue growth–4.2%8.7%

Accounts

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

Key figure202320242025
Operating revenue18.2 MNOK18.9 MNOK20.6 MNOK
Operating profit−0.1 MNOK−0.3 MNOK0.4 MNOK
Profit before tax−0.2 MNOK−0.4 MNOK0.4 MNOK
Tax expense0.0 MNOK−0.1 MNOK0.1 MNOK
Net profit−0.1 MNOK−0.3 MNOK0.3 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets5.8 MNOK4.9 MNOK5.6 MNOK
Current assets2.4 MNOK1.3 MNOK2.2 MNOK
Equity3.4 MNOK3.1 MNOK3.2 MNOK
Retained earnings0.9 MNOK0.6 MNOK0.7 MNOK
Total liabilities2.4 MNOK1.8 MNOK2.4 MNOK
Current liabilities1.9 MNOK1.3 MNOK2.1 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 5 November 2026, accounts id 6235965.