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Teknisk tjenesteyting og forskning ranking 2025

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Benchmarks · fiscal year 2025

Quartiles among the 2,888 ranked companies, all sizes. Half of them lie between the lower and upper quartile.

Key figureLower quartileMedianUpper quartile
Operating margin−1.3%5.3%15.7%
Profit margin−1.3%5.2%16.3%
Return on assets−0.1%11.2%26.9%
Equity ratio15.4%38.1%61.6%
Debt-to-equity0.541.353.36
Current ratio1.071.522.55
Revenue growth−8.6%6.5%24.8%

Ranked per Morning company class: Micro: 1,796 · Medium: 431 · Small: 600 · Large: 62. Morning company classes by revenue: Micro 1–10 MNOK, Small 10 MNOK–50 MNOK, Medium 50 MNOK–500 MNOK, Large from 500 MNOK. Methodology

Distribution of the overall index · 2025

0312623Index 0–10: 60 companies600Index 10–20: 151 companies15110Index 20–30: 261 companies26120Index 30–40: 390 companies39030Index 40–50: 557 companies55740Index 50–60: 623 companies62350Index 60–70: 446 companies44660Index 70–80: 292 companies29270Index 80–90: 101 companies10180Index 90–100: 7 companies790100Index →

Best in each category · 2025

Operating marginArne Skogheim AS94.1%
Return on assetsSaunders Arkitektur AS91.2%
Equity ratioOdl AS99.0%
Current ratioSN Power AS16.18
Revenue growthAbl Group Norway AS3,921.1%

Among ranked companies with at least NOK 10m in revenue. Margins and equity ratios above 100 %, a current ratio above 20 and growth from a base below NOK 10m count as one-off effects and are left out.

Ranking · 2025

Morning Enterprise Index 0–100, version 2: every key figure is compared with companies in the same sector and size tier. Click a column heading to sort.

Rank Company Class Index Operating margin Equity ratio Current ratio Revenue growth Revenue
1 SAX MEDIA & Design AS Microno. 1 in the class 94 55.7% 98.9% 91.60 302.7% 2 MNOK
2 Inflowcontrol AS Largeno. 1 in the class 92 46.8% 68.0% 3.09 287.7% 501 MNOK
3 More Valves AS Smallno. 1 in the class 92 76.1% 77.3% 4.41 68.3% 10 MNOK
4 Bravo Tolk AS Microno. 2 in the class 91 43.0% 330.2% – 171.3% 2 MNOK
5 Universal Marine AS Microno. 3 in the class 91 84.8% 92.1% 12.68 48.0% 1 MNOK
6 Devico AS Mediumno. 1 in the class 91 46.5% 88.3% 4.49 31.8% 316 MNOK
7 Affiliate Marketing Drift AS Smallno. 2 in the class 90 43.3% 80.2% 4.96 65.7% 25 MNOK
8 Geo-58 AS Microno. 4 in the class 90 98.6% 87.2% 7.80 92.8% 2 MNOK
9 Violet AS Microno. 5 in the class 89 97.2% 115.2% 8.89 2,627.2% 2 MNOK
10 Løkeberg Diversity AS Microno. 6 in the class 89 21.3% 101.5% – 180.2% 2 MNOK
11 Nobox AS Microno. 7 in the class 89 92.4% 86.6% 4.99 20.7% 2 MNOK
12 European Mud Company AS Smallno. 3 in the class 88 41.8% 91.9% 8.32 52.8% 30 MNOK
13 Sciencons AS Microno. 8 in the class 88 74.1% 98.8% 99.56 – 5 MNOK
14 Belcan AS Microno. 9 in the class 88 89.8% 84.2% 5.33 36.3% 2 MNOK
15 SN Power AS Smallno. 4 in the class 88 6.4% 98.6% 16.18 457.1% 29 MNOK
16 Haawal Engineering AS Smallno. 5 in the class 87 35.6% 81.3% 5.29 257.9% 37 MNOK
17 Eider AS Smallno. 6 in the class 87 25.5% 69.2% 2.69 202.2% 43 MNOK
18 JS Subsea Consulting AS Microno. 10 in the class 87 48.6% 83.5% 6.04 31.1% 3 MNOK
19 Interiørrådet AS Microno. 11 in the class 86 32.5% 77.6% 4.47 – 1 MNOK
20 Torsjon AS Smallno. 7 in the class 86 32.0% 84.1% 5.92 44.8% 11 MNOK
21 Kvamme 1936 AS Mediumno. 2 in the class 86 17.8% 77.4% 4.31 10.9% 85 MNOK
22 Freetrailer Norge AS Smallno. 8 in the class 86 20.9% 70.3% 3.22 53.0% 34 MNOK
23 Aquagos AS Smallno. 9 in the class 85 37.5% 76.6% 2.05 33.0% 23 MNOK
24 VA - PROSJEKT & Anlegg AS Microno. 12 in the class 85 29.9% 92.3% 14.19 116.7% 2 MNOK
25 Ysadesign AS Mediumno. 3 in the class 85 16.6% 62.6% 2.44 39.8% 58 MNOK
26 Christiansen Språktjenester AS Microno. 13 in the class 85 67.3% 92.0% 12.44 4.7% 1 MNOK
27 Voith Hydro AS Largeno. 2 in the class 85 12.5% 41.8% 1.98 27.0% 594 MNOK
28 Sigvald Hystad AS Microno. 14 in the class 85 46.6% 86.9% 7.62 277.3% 1 MNOK
29 Multiplan AS Smallno. 10 in the class 85 12.4% 72.3% 12.37 137.7% 20 MNOK
30 Bilben Taksering AS Microno. 15 in the class 85 40.6% 85.8% 7.01 15.4% 3 MNOK
31 Fly-In AS Microno. 16 in the class 85 79.3% 83.2% 4.27 92,493.8% 3 MNOK
32 Von Der Lippe Interiør AS Smallno. 11 in the class 85 20.4% 80.3% 5.06 39.6% 29 MNOK
33 Singularity Engineering AS Microno. 17 in the class 85 50.5% 80.3% 4.25 – 2 MNOK
34 Ramp Invest AS Microno. 18 in the class 85 89.1% 93.1% 14.45 58.7% 8 MNOK
35 Kjell Tokvam AS Microno. 19 in the class 84 74.9% 94.7% 18.90 12.3% 5 MNOK
36 Robotix AS Microno. 20 in the class 84 23.9% 91.5% 11.64 90.6% 1 MNOK
37 Medina Consulting AS Microno. 21 in the class 84 51.5% 84.7% 6.55 23.8% 3 MNOK
38 Emdal Bygg Asker AS Microno. 22 in the class 84 34.3% 89.4% 8.65 99.5% 2 MNOK
39 Martek AS Microno. 23 in the class 84 39.3% 85.9% 6.12 87.2% 2 MNOK
40 Frøishagen Consulting AS Microno. 24 in the class 84 51.3% 78.5% 4.23 164.3% 5 MNOK
41 Skorpa Subsea AS Microno. 25 in the class 84 55.4% 91.6% 11.80 17.6% 4 MNOK
42 Rogtek AS Microno. 26 in the class 84 83.9% 85.7% 7.01 8.3% 3 MNOK
43 KB Øst AS Smallno. 12 in the class 84 23.5% 75.2% 3.83 42.7% 13 MNOK
44 Tinden Prosjektledelse AS Microno. 27 in the class 83 50.3% 93.9% 14.41 6.2% 2 MNOK
45 Voe AS Microno. 28 in the class 83 66.3% 75.5% 3.92 88.5% 7 MNOK
46 Arcadia Research AS Microno. 29 in the class 83 50.8% 86.0% 6.93 35.6% 2 MNOK
47 Havet AS Smallno. 13 in the class 83 53.8% 92.6% 12.58 6.4% 19 MNOK
48 Progreen AS Smallno. 14 in the class 83 30.1% 83.1% 4.37 56.4% 20 MNOK
49 Arrano AS Microno. 30 in the class 83 60.7% 89.3% 9.32 10.7% 1 MNOK
50 BU Event AS Smallno. 15 in the class 83 14.1% 67.4% 3.07 361.2% 11 MNOK

Bankrupt or being wound up

These companies are left out of the ranking.

Showing 50 of 944. See all bankruptcies and liquidations

About the figures

  • Only limited companies (AS and ASA) are included. Sole proprietorships are normally not required to file annual accounts and are therefore missing.
  • The Brønnøysund Register Centre only checks that accounts are filed, not their content. Suspicious figures are flagged on the company page, not hidden.
  • Figures are company accounts, not group accounts. Holding companies can be marked in admin and then do not count in sector averages.