Forretningsmessig tjenesteyting
FollowDownload sector report (PDF)40 companies ranked against comparable companies in four Morning company classes. Fiscal year 2022. Source: Brønnøysund Register Centre. Methodology
Ranking · 2022 · Morning class Micro
| # | Company | Score | Change |
|---|---|---|---|
| 1 | Fabrikken Arrangementer AS | 90 | – |
| 2 | Alfa Drift AS | 86 | – |
| 3 | Exclusive Travel Experiences AS | 85 | – |
| 4 | Bodø Liftutleie AS | 76 | – |
| 5 | Forretningsnettverket Bni AS | 70 | – |
| 6 | Svc AS | 69 | – |
| 7 | Røskeland Maskin AS | 68 | – |
| 8 | MD Personal AS | 66 | – |
| 9 | Hage og Anlegg Vestby AS | 56 | – |
| 10 | Otvenge Holding AS | 55 | – |
| 11 | Meløy Adventure AS | 52 | – |
| 12 | Nilsens Vakttjenester AS | 51 | – |
| 13 | Htb Eiendomservice AS | 40 | – |
| 14 | Boogietime AS | 35 | – |
| 15 | Off-Pitch AS | 27 | – |
| 16 | Finnsnes Senter AS | 27 | – |
| 17 | JØRGEN W. Cappelen AS | 24 | – |
| 18 | ROMERIKE ALARM & Sikkerhet AS | 20 | −15 |
| 19 | Unicorn Hospitality Group AS | 16 | – |
| 20 | Rimfrost Technologies AS | 13 | – |
| 21 | MINI-MASKIN & Utleie AS | 4 | – |
The rank is the rank in the class. A class with fewer than ten companies is compared with the whole sector. Full ranking · Press mode
Biggest moves · Morning class Micro
- ROMERIKE ALARM & Sikkerhet AS−15
From 2021 to 2022: the equity ratio fell from −57.3% to −172.8% and went from a profit to a loss before tax.
Top lists in the sector · 2022 · Morning class Micro
The five largest companies account for 21% of the sector's revenue. Combined profit before tax for the 21 ranked companies: 2 MNOK.
Size
The largest by revenue and employees, and who earns the most per employee.
Highest revenue
- JØRGEN W. Cappelen AS 10 MNOK
- Bodø Liftutleie AS 8 MNOK
- Nilsens Vakttjenester AS 8 MNOK
- Exclusive Travel Experiences AS 8 MNOK
- Fabrikken Arrangementer AS 6 MNOK
Operating revenue.
Most employees
- Nilsens Vakttjenester AS 59
- Unicorn Hospitality Group AS 29
- Boogietime AS 15
- Røskeland Maskin AS 10
- Meløy Adventure AS 9
Employees according to the Central Coordinating Register.
Highest revenue per employee
- Bodø Liftutleie AS 1.7 MNOK
- Off-Pitch AS 0.7 MNOK
- Htb Eiendomservice AS 0.6 MNOK
- Meløy Adventure AS 0.4 MNOK
- Boogietime AS 0.3 MNOK
Only companies with at least 5 employees.
Profit and balance
Who earns the most, who loses the most, and who has the strongest balance sheet.
Highest operating margin
- Otvenge Holding AS 89.5%
- Svc AS 57.4%
- Alfa Drift AS 18.0%
- Fabrikken Arrangementer AS 17.6%
- Røskeland Maskin AS 15.2%
Operating result divided by operating revenue.
Largest profit
- Svc AS 1 MNOK
- Exclusive Travel Experiences AS 1 MNOK
- Fabrikken Arrangementer AS 1 MNOK
- Otvenge Holding AS 1 MNOK
- Alfa Drift AS 1 MNOK
Profit before tax.
Largest loss
- Off-Pitch AS −1 MNOK
- MINI-MASKIN & Utleie AS −1 MNOK
- Rimfrost Technologies AS −1 MNOK
- JØRGEN W. Cappelen AS 0 MNOK
- Finnsnes Senter AS 0 MNOK
Profit before tax, the largest negative.
Most solid
- Fabrikken Arrangementer AS 65.3%
- Bodø Liftutleie AS 54.3%
- Exclusive Travel Experiences AS 53.8%
- Alfa Drift AS 50.6%
- Forretningsnettverket Bni AS 45.1%
Equity ratio: equity divided by total assets.
Growth and movement
Who grows and falls the most in revenue, and who has climbed or fallen the most on the index since the year before.
Fastest growth
No company meets the requirement this year.
Revenue growth from the year before, only from at least NOK 10 million in revenue.
Largest revenue decline
No company meets the requirement this year.
Revenue decline from the year before, only from at least NOK 10 million in revenue.
Biggest climbers
Requires an index for two financial years.
Change in index points from the year before.
Biggest fallers
- ROMERIKE ALARM & Sikkerhet AS −15.3 points
Change in index points from the year before.
The lists cover ranked companies in the class: operating companies with at least NOK 1m in revenue, without holding companies and excluded ones. Size lists (revenue, profit, employees) count each group once. Source: Brønnøysund Register Centre. Amounts in other currencies are converted at Norges Bank's rates.
Positions in the sector · 2022 · Morning class Micro
Each company is placed by profitability and solidity, measured as a place from 0 to 100 against the others in the same sector and Morning company class. The bubble shows revenue. Hover over or tap a bubble for the figures, filter by profile or search for a company.
Bubble size shows relative revenue, not exact figures. Dashed lines show where the 1 companies that moved most stood in 2021 (small ring).
- ROMERIKE ALARM & Sikkerhet AS profitability 50 → 12, solidity 0 → 0
Lion · LeaderHigh profitability, high solidity
Cheetah · SprinterHigh profitability, lower solidity
Elephant · StewardLower profitability, high solidity
Beaver · BuilderLower profitability, lower solidity
Show the positions as a list
| Company | Profile | Profitability | Solidity |
|---|---|---|---|
| Fabrikken Arrangementer AS | Lion | 92 | 100 |
| Svc AS | Lion | 90 | 73 |
| Exclusive Travel Experiences AS | Lion | 85 | 89 |
| Alfa Drift AS | Lion | 82 | 84 |
| Røskeland Maskin AS | Lion | 80 | 67 |
| MD Personal AS | Lion | 78 | 62 |
| Otvenge Holding AS | Cheetah | 75 | 40 |
| Meløy Adventure AS | Lion | 70 | 56 |
| Hage og Anlegg Vestby AS | Lion | 60 | 51 |
| Bodø Liftutleie AS | Lion | 55 | 95 |
| Forretningsnettverket Bni AS | Lion | 50 | 78 |
| Finnsnes Senter AS | Beaver | 48 | 18 |
| Boogietime AS | Beaver | 42 | 24 |
| Htb Eiendomservice AS | Beaver | 38 | 35 |
| Nilsens Vakttjenester AS | Beaver | 30 | 46 |
| Unicorn Hospitality Group AS | Beaver | 25 | 0 |
| JØRGEN W. Cappelen AS | Beaver | 18 | 13 |
| Rimfrost Technologies AS | Beaver | 15 | 8 |
| ROMERIKE ALARM & Sikkerhet AS | Beaver | 12 | 0 |
| Off-Pitch AS | Beaver | 2 | 29 |
| MINI-MASKIN & Utleie AS | Beaver | 2 | 0 |
Summary · fiscal year 2022 · Morning class Micro
The sector's median operating margin is 5.3%. 19 of 59 companies have negative equity. The median equity ratio is 29.0%.
All figures are for fiscal year 2022. Ranked: 21 operating companies. Holding companies, excluded companies and companies without enough data are shown but not ranked. How to read the index
Climbers and fallers · Morning class Micro
Change in rank from 2021 to 2022, for 1 companies ranked in both years.
Climbers
None.
Fallers
- 17ROMERIKE ALARM & Sikkerhet ASfrom rank 1 to 1820
Awards · 2022 · Morning class Micro
Needs attention · 2022 · Morning class Micro
46 companies show at least one warning sign. Showing the 15 most important.
- criticalRydd og Vask ASNegative equity · Current ratio below 1 (0.58) · Loss before tax
- criticalAS BØE & LEPSØYNegative equity · Current ratio below 1 (0.41) · Loss before tax
- criticalUnicorn Hospitality Group ASNegative equity · Current ratio below 1 (0.66) · Loss before tax
- criticalHui Drift ASNegative equity · Current ratio below 1 (0.73) · Loss before tax
- criticalMINI-MASKIN & Utleie ASNegative equity · Current ratio below 1 (0.27) · Loss before tax
- criticalLillehammer Byggservice ASNegative equity · Current ratio below 1 (0.24) · Loss before tax
- criticalROMERIKE ALARM & Sikkerhet ASNegative equity · Current ratio below 1 (0.32) · Loss before tax
- criticalBemanning1 ASNegative equity · Current ratio below 1 (0.29) · Loss before tax
- criticalFarmand ASNegative equity · Current ratio below 1 (0.31) · Loss before tax
- criticalEKKO+ ASNegative equity · Current ratio below 1 (0.28)
- criticalBergen Vedlikehold og Renhold ASNegative equity · Current ratio below 1 (0.53)
- criticalKube Energy ASNegative equity · Loss before tax
- criticalValentin Industries Holding ASNegative equity · Loss before tax
- criticalTekstgården ASNegative equity · Current ratio below 1 (0.16)
- criticalAlvøen Båtutleie ASNegative equity · Current ratio below 1 (0.18)
Sector map · 2022 · Morning class Micro
Profitability against solidity for the ranked companies. Size shows revenue. Coral triangle: negative equity. Click to open the company. Outliers are placed on the edge.
Show the map's figures as a table
| Company | Operating margin | Equity ratio | Revenue |
|---|---|---|---|
| Fabrikken Arrangementer AS | 17.6% | 65.3% | 6 MNOK |
| Alfa Drift AS | 18.0% | 50.6% | 5 MNOK |
| Exclusive Travel Experiences AS | 14.8% | 53.8% | 8 MNOK |
| Bodø Liftutleie AS | 5.3% | 54.3% | 8 MNOK |
| Forretningsnettverket Bni AS | 4.2% | 45.1% | 5 MNOK |
| Svc AS | 57.4% | 41.3% | 3 MNOK |
| Røskeland Maskin AS | 15.2% | 37.5% | 3 MNOK |
| MD Personal AS | 6.9% | 35.3% | 1 MNOK |
| Hage og Anlegg Vestby AS | 5.8% | 32.0% | 5 MNOK |
| Otvenge Holding AS | 89.5% | 18.1% | 2 MNOK |
| Meløy Adventure AS | 14.4% | 32.4% | 4 MNOK |
| Nilsens Vakttjenester AS | 0.4% | 29.0% | 8 MNOK |
| Htb Eiendomservice AS | 0.5% | 16.4% | 3 MNOK |
| Boogietime AS | 1.2% | 11.8% | 5 MNOK |
| Off-Pitch AS | −39.3% | 13.3% | 4 MNOK |
| Finnsnes Senter AS | 6.7% | 7.5% | 5 MNOK |
| JØRGEN W. Cappelen AS | −4.8% | 5.4% | 10 MNOK |
| ROMERIKE ALARM & Sikkerhet AS | −16.1% | −172.8% | 3 MNOK |
| Unicorn Hospitality Group AS | −1.7% | −4.0% | 6 MNOK |
| Rimfrost Technologies AS | −28.3% | 0.3% | 3 MNOK |
| MINI-MASKIN & Utleie AS | −40.0% | −101.6% | 3 MNOK |
Holding and investment companies · 2022
3 companies in the sector are holding or investment companies. They are kept out of the ranking above, since revenue, margins and growth say little about a company that lives from ownership. They are ranked on their own here: 2 have at least 10 MNOK in assets and are listed.
| Rank | Company | Score | Equity ratio | Return on assets | Current ratio | Total assets |
|---|---|---|---|---|---|---|
| 1 | Anleggsgartner SB Holding AS | 60 | 94.5% | 1.0% | 10.10 | 36 MNOK |
| 2 | Tax Invest AS | 40 | 71.1% | 1.7% | 0.31 | 10 MNOK |
Score 0–100 against the other holding companies in the sector: equity ratio 40 %, return on assets 40 % and current ratio 20 %. Methodology
In our articles
- Finance earns 58.3% on operations; the typical Norwegian industry makes 5.7%No. 16 of 22 on median operating margin
Scenario analysis: the sector's weakest year
The sector's weakest year was 2026, with a median operating margin of −3.2%.
Based on the 9 fiscal years we have. The analysis grows as more years are fetched or imported.
| Fiscal year | Median operating margin | Median equity ratio |
|---|---|---|
| 2017 | – | – |
| 2019 | – | – |
| 2020 | – | – |
| 2021 | 0.4% | −57.3% |
| 2022 | 4.6% | 18.9% |
| 2023 | 4.0% | 24.1% |
| 2024 | 3.8% | 23.9% |
| 2025 | 4.2% | 24.3% |
| 2026 · weakest year | −3.2% | 33.1% |
In 2026, 3 ranked companies did better than the sector, 0 about the same and 3 weaker.
Held up best in 2026
- 1Wings Travel Management ASequity ratio 33.4%21.7%
- 2Releasy ASequity ratio 3.0%6.1%
- 3Specsavers Norway ASequity ratio 32.7%1.8%
Better than the sector: operating margin at or above the sector median and no loss or negative equity. Weaker: operating margin below the median and a loss or negative equity. Otherwise about the same as the sector. Methodology
Drivers in the sector
Interest rates, prices and exchange rates that shape the sector's year, next to the sector's median operating margin. The drivers are context and are not part of the index.
Consumer price index (indeks (2025 = 100))
Consumer price index rose 3.0% in 2025; the sector's median operating margin rose 0.5 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Consumer price index, annual average | 84.3 | 89.2 | 94.1 | 97.0 | 100.0 | 102.9 (so far) |
| Change from the year before | +3.5% | +5.8% | +5.5% | +3.2% | +3.0% | +2.9% |
| Sector's median operating margin | 0.4% | 4.6% | 4.0% | 3.8% | 4.2% | −3.2% |
Source: SSB (14710, CC BY 4.0). Source · fetched 3 November 2026
Policy rate (prosent)
Policy rate fell 0.20 percentage points in 2025; the sector's median operating margin rose 0.5 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Policy rate, annual average | 0.08 | 1.32 | 3.54 | 4.50 | 4.30 | 4.17 (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 |
| Sector's median operating margin | 0.4% | 4.6% | 4.0% | 3.8% | 4.2% | −3.2% |
Source: Norges Bank (IR, NLOD 2.0). Source · fetched 3 November 2026
When policy rate fell in 2025, 1,005 of 2,001 ranked companies kept their operating margin at or above the year before. Among the largest: Ving Norge AS (2.1% → 2.9%), Tui Norge AS (−0.9% → 0.4%), Nes Advantage AS (1.3% → 1.7%), Norwegian Crew Services AS (0.9% → 1.6%), Securitas AS (4.0% → 5.0%).
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.
The sector in Norway (SSB)
The whole industry as Statistics Norway counts it: every enterprise, not only the limited companies we rank. Use these figures as background for the ranking above.
Enterprises, employment and turnover · 2024
- Enterprises
- 24,037
- +0.8% from 2023
- Persons employed
- 135,093
- −2.5% from 2023
- Turnover
- NOK 263.7 bn
- +6.7% from 2023
- Gross operating margin
- 15.3%
- Gross operating surplus divided by turnover
All enterprises, sole proprietorships included.
Bankruptcies in the industry
194 enterprise bankruptcies in the last four quarters (2025K4–2026K3). Change +3.2% against the four quarters before (188). That is about 8.1 per 1,000 enterprises.
Foreign-controlled enterprises · 2024
- Share of enterprises
- 2.6%
- Share of persons employed
- 36.2%
- Share of turnover
- 36.9%
SSB publishes this for groups of industries only. The figures are for the group “Forretningsmessig tjenesteyting”.
Turnover index · Forretningsmessig tjenesteyting
145.4 index, 2021 = 100, seasonally adjusted · 2026M08
+2.3% against 2025M08.
Monthly, 2023M08 to 2026M08.
Source: Statistics Norway (SSB), table 12910, table 10790, table 08085, table 13863. CC BY 4.0. Our industry codes (SN2025) are linked to SSB’s (SN2007) with SSB’s correspondence table in Klass.
Latest bankruptcies and liquidations
- Arc Bergen AS 933776182 Voluntary liquidation · 3 November 2026 · 1 MNOK (2025)
- Hosj AS 915363849 Voluntary liquidation · 3 November 2026 · 0 MNOK (2025)
- Van TO GO AS 935765234 Voluntary liquidation · 3 November 2026 · 0 MNOK (2025)
- AS NORSK REISELIV 952498843 Voluntary liquidation · 2 November 2026
- Alvin Maskin og Utleie AS 938482845 Voluntary liquidation · 31 October 2026
- Atlas Technology Solutions Norway AS 917555818 Forced dissolution · 31 October 2026 · 15 MNOK (2025)
- Birgits Florida AS 897801302 Voluntary liquidation · 31 October 2026 · 1 MNOK (2025)
- Din Rekrutterer AS 914593972 Voluntary liquidation · 31 October 2026
Industry codes (NACE)
| Code | Description |
|---|---|
| 77* | Hele hovedgruppe 77 |
| 77.110 | Utleie og leasing av biler og andre lette motorvogner |
| 77.120 | Utleie og leasing av lastebiler |
| 77.210 | Utleie og leasing av sports- og fritidsutstyr |
| 77.220 | Utleie og leasing av andre husholdningsvarer og varer til personlig bruk |
| 77.310 | Utleie og leasing av landbruksmaskiner og -utstyr |
| 77.320 | Utleie og leasing av bygge- og anleggsmaskiner og -utstyr |
| 77.330 | Utleie og leasing av kontor- og datamaskiner |
| 77.340 | Utleie og leasing av sjøtransportmateriell |
| 77.350 | Utleie og leasing av lufttransportmateriell |
| 77.390 | Utleie og leasing av andre maskiner og annet utstyr og materiell ikke nevnt annet sted |
| 77.400 | Leasing av immateriell eiendom og lignende produkter, unntatt opphavsrettsbeskyttede verker |
| 77.510 | Formidlingstjenester tilknyttet utleie og leasing av biler, campingbiler og tilhengere |
| 77.520 | Formidlingstjenester tilknyttet utleie og leasing av andre materielle varer og immateriell eiendom og lignende produkter |
| 78* | Hele hovedgruppe 78 |
| 78.100 | Rekruttering og formidling av arbeidskraft |
| 78.200 | Utleie av arbeidskraft og andre personaladministrative tjenester |
| 79* | Hele hovedgruppe 79 |
| 79.110 | Reisebyråvirksomhet |
| 79.121 | Aktiviteter utført av utflukts- og eventarrangører |
| 79.122 | Reisearrangørvirksomhet ellers |
| 79.901 | Aktiviteter utført av turistkontorer og destinasjonsselskaper |
| 79.902 | Guide- og reiseledervirksomhet |
| 80* | Hele hovedgruppe 80 |
| 80.010 | Etterforskningstjenester og private vakttjenester |
| 80.090 | Vakttjenester ikke nevnt annet sted |
| 81* | Hele hovedgruppe 81 |
| 81.100 | Kombinerte tjenester tilknyttet eiendomsdrift |
| 81.210 | Rengjøring av bygninger |
| 81.220 | Utvendig rengjøring av bygninger og industriell rengjøring |
| 81.230 | Annen rengjøringsvirksomhet og snømåking |
| 81.300 | Beplantning av hager og parkanlegg |
| 82* | Hele hovedgruppe 82 |
| 82.100 | Kontortjenester |
| 82.200 | Telefonvakttjenester og telefonsalg |
| 82.300 | Kongress-, messe- og utstillingsvirksomhet |
| 82.400 | Formidlingstjenester tilknyttet forretningsmessig tjenesteyting ikke nevnt annet sted |
| 82.910 | Inkasso- og kredittopplysningsvirksomhet |
| 82.920 | Pakkevirksomhet |
| 82.990 | Annen forretningsmessig tjenesteyting ikke nevnt annet sted |