Definit 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
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 −3.1% Weaker than the industry Industry: 6.5%
- Returns · return on assets −12.4% Weaker than the industry Industry: 12.0%
- Solidity · equity ratio 36.4% About like the industry Industry: 40.0%
- Liquidity · current ratio 1.54 About like the industry Industry: 1.55
- Growth · revenue growth −32.7% Weaker than the industry Industry: 8.0%
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 2024
29of 100
How to read this: the company is ahead of 17 % of companies in the Morning class Micro in the same sector in 2024. What does this mean?
Rank in the Morning class Micro: 3,831 of 4,589 · What are Morning company classes?
Place in the whole sector: 5,924 of 6,995 · Informasjon og kommunikasjon
Profile
Beaver · Builder
Lower profitability, lower resilience
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 22 and resilience 41 out of 100 among companies in the Morning class Micro in the same sector in 2024. Methodology
Against the sector
Definit AS is 22 points below the median for companies in the Morning class Micro in the same sector in 2024.
Median score 51 among 4,588 companies.
Against companies in the Morning class Micro in the same sector in 2024: operating margin −3.1% (median 6.5%) and equity ratio 36.4% (median 40.0%).
How it has gone · 2023–2025
Revenue fell by 55 % from 2023 to 2025, to 2.4 MNOK. The operating margin fell from −0.8% in 2023 to −12.3% in 2025. The equity ratio fell from 39.7% in 2023 to 14.4% in 2025.
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 figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 5.4 MNOK | 3.6 MNOK | 2.4 MNOK |
| Operating profit | 0.0 MNOK | −0.1 MNOK | −0.3 MNOK |
| Net profit | 0.0 MNOK | −0.1 MNOK | −0.3 MNOK |
| Total assets | 1.1 MNOK | 0.9 MNOK | 0.2 MNOK |
| Equity | 0.4 MNOK | 0.3 MNOK | 0.0 MNOK |
| Total liabilities | 0.7 MNOK | 0.6 MNOK | 0.2 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.
- 993134783
- Legal form
- AS
- Sector
- Informasjon og kommunikasjon (62.100)
- Purpose
- Utvikling av dataprogrammer, salg av IT-løsninger, konsulentbistand og datautstyr. Selskapet vil også investere i aksjer og andeler i andre selskaper samt drive med kjøp, salg og drift av fast eiendom.
- Morning company class
- Micro
- Employees
- 0–4 (not registered) Payroll costs in the accounts: 2.5 MNOK (2024).
- Founded
- 10 September 2008 18 years in operation
- Share capital
- 0.10 MNOK
- Business address
- c/o Frode Kronstad, Frekadalsvegen 42, 5306 ERDAL (ASKØY)
- Municipality
- Askøy rank 12–25 of 27 in KOSTRA group 9
- Audit
- Audit opted out from 11 February 2026
- Latest accounts filed
- 2025
- VAT registered
- Yes
- Website
- definit.no
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
Worth a closer look
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −3.1% (median 6.7%).
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.
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
What the score is made of
| Profitability | 22 | weight 40% |
|---|---|---|
| Solidity | 42 | weight 20% |
| Liquidity | 50 | weight 5% |
| Growth | 25 | weight 25% |
| Consistency | 34 | weight 10% |
Three goals: profitability 40%, growth 25%, resilience 35%. Why these weights?
Durability: 34 (average over 2 years)
Index version 3. Data completeness 100%: the share of the weights that had data.
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 4 MNOK | 3 MNOK |
| Operating margin | −3.1% | 6.5% |
| Profit margin | −3.1% | 6.7% |
| Return on assets | −12.4% | 12.0% |
| Equity ratio | 36.4% | 40.0% |
| Debt-to-equity | 1.75 | 1.09 |
| Current ratio | 1.54 | 1.55 |
| Revenue growth | −32.7% | 8.0% |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 29, Definit AS does better than 17% of companies in the Morning class Micro in the same sector (4,589 companies) in 2024.
Score 2023–2025
- Definit AS
- Median: companies in the Morning class Micro in the same sector
Working capital and debt
| Measure | Company | Median | |
|---|---|---|---|
| Working capital | |||
| Receivable days All current receivables, including those on group companies, in days of revenue. |
33 days | 49 days | |
| 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. |
12 days | 0 days | |
| Net working capital to revenue Current assets less bank deposits less current liabilities, divided by revenue. Negative: short-term debt funds the operations. |
−3.5% | −9.2% | |
| Cash share of current assets How much of the short-term buffer is bank deposits and cash. |
49.5% | 55.5% | |
| 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. |
– | 9.5 | |
| 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. |
– | 0.7% | |
| 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% | |
Net working capital (current assets less bank deposits less current liabilities): −0.1 MNOK.
The median and the bar refer to companies in the Morning class Micro in the same sector in 2024. 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.
What the numbers say
Definit AS had an operating margin of −3.1% and an equity ratio of 36.4% in 2024, and ranks 5,924 of 6,995 in Informasjon og kommunikasjon.
From 2023 to 2024: revenue fell by 33% and the operating margin fell from −0.8% to −3.1%.
This text is generated automatically from the 2024 accounts.
Three simple methods
One method gives a figure: 1 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 18.0 | not meaningful |
| EV/EBIT | 14.9 | not meaningful |
| P/B | 3.6 | 1 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 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
Questions and answers
How profitable is Definit AS?
The operating margin was −3.1% in 2024, against a median of 6.5% among companies in the Morning class Micro in the same sector. Return on assets was −12.4%. The company made a loss before tax.
How solid is Definit AS?
The equity ratio was 36.4% in 2024 (median 40.0%). Debt-to-equity was 1.75 (median 1.09).
What is the liquidity of Definit AS like?
The current ratio was 1.54 in 2024 (median 1.55).
How does Definit AS compare in Informasjon og kommunikasjon?
Definit AS ranks 5,924 of 6,995 in Informasjon og kommunikasjon for 2024. Among companies in the Morning class Micro it is number 3,831 of 4,589. Revenue changed by −32.7% from the year before.
Ownership and roles
Loading roles …
Source: Central Coordinating Register, fetched 8 November 2026. Only names are shown.
Shareholders (2025)
- Number of shareholders
- 2 (one owner holds more than half)
- Largest owner
- 51.0%
- Split
- companies 51% · private persons 49% · foreign 0%
- Owned from the same municipality
- 100%
- Group chain
-
Owned by: Definit AS (51%)
Ultimate owner: Definit AS(circular ownership chain)
The owner: the majority owner Definit AS (holds 51%) made a loss in 2025. A weak parent can affect the subsidiary through group contributions, loans and guarantees. It is an indication to watch, not an assessment of the company.
- Definit AS · 51.0%
- 1 private persons · 49.0%
The company is new in the shareholder register in 2025.
Majority owner of: Definit AS (51%)
Holds shares in: Definit AS (51%)
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.
Is this your company? Suggest changes or add information
Figures last fetched 10 November 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 39 | 29 | 17 | |
| Rank | 4,386 | 5,924 | 7,003 | |
| Operating margin | −0.8% | −3.1% | −12.3% | |
| Return on assets | −0.9% | −12.4% | −142.6% | |
| Equity ratio | 39.7% | 36.4% | 14.4% | |
| Current ratio | 1.62 | 1.54 | 1.16 | |
| Revenue growth | – | −32.7% | −33.3% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 5.4 MNOK | 3.6 MNOK | 2.4 MNOK |
| Operating profit | 0.0 MNOK | −0.1 MNOK | −0.3 MNOK |
| Profit before tax | 0.0 MNOK | −0.1 MNOK | −0.3 MNOK |
| Tax expense | – | – | – |
| Net profit | 0.0 MNOK | −0.1 MNOK | −0.3 MNOK |
| Financial expenses | 0.0 MNOK | – | 0.0 MNOK |
| Total assets | 1.1 MNOK | 0.9 MNOK | 0.2 MNOK |
| Current assets | 1.1 MNOK | 0.9 MNOK | 0.2 MNOK |
| Equity | 0.4 MNOK | 0.3 MNOK | 0.0 MNOK |
| Retained earnings | 0.4 MNOK | 0.3 MNOK | −0.1 MNOK |
| Total liabilities | 0.7 MNOK | 0.6 MNOK | 0.2 MNOK |
| Current liabilities | 0.7 MNOK | 0.6 MNOK | 0.2 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 10 November 2026, accounts id 5948089.
Further
Similar companies
- Arko AS index 29, rank 5,921 · compare
- Inyheter AS index 29, rank 5,922 · compare
- Abel Technologies AS index 29, rank 5,923 · compare
- Aurora Borealis Multimedia AS index 29, rank 5,925 · compare
- Transit Media AS index 29, rank 5,926 · compare