Sector

Forretningsmessig tjenesteyting

2,040 companies ranked against comparable companies in four Morning company classes. Fiscal year 2025. Source: Brønnøysund Register Centre. Methodology

Morning company class

Morning company classes are our own division by revenue, not an official standard: Micro NOK 1m–10 MNOK, Small 10 MNOK–50 MNOK, Medium 50 MNOK–500 MNOK, Large from 500 MNOK. Companies are ranked only against others in the same class, and every figure below is for the class you have chosen. What are Morning company classes?

Ranking · 2025 · Morning class Micro

Morning class Micro · 2025
#	Company	Profile	Score	Change
1	Edgefolio AS	Leader	92	+3
2	Træna Renhold AS	Leader	91	–
3	EP Overflate Teknikk AS	Leader	87	+10
4	Ola Thune AS	Leader	86	–
5	Safe Project Management AS	Leader	85	−2
6	Aktiv-Partner AS	Leader	85	+25
7	Alazzi AS	Leader	85	+26
8	SSB Agri AS	Leader	85	–
9	Coneco AS	Leader	85	−1
10	Duen Experience AS	Leader	84	+16
11	Skarnes Industrilager AS	Leader	84	+2
12	Lvu AS	Leader	84	–
13	Opgangssagen AS	Leader	83	–
14	Rabiat AS	Leader	83	+23
15	B&K Produksjon og Utleie AS	Leader	83	+6
16	Oslo Hifi Show AS	Leader	83	+11
17	Ldk Renhold AS	Leader	83	+30
18	BM Consulting AS	Leader	82	+5
19	SP Management AS	Leader	82	–
20	Joinas AS	Leader	82	+36
21	Scuti AS	Leader	82	−1
22	Oslo Eiendomsdrift og Service AS	Leader	82	–
23	Andrea Foss AS	Leader	82	+5
24	Bmj AS	Leader	82	+15
25	GH Bemanning og Rekruttering AS	Leader	82	+5
26	JB HOLDING & Consulting AS	Leader	82	−3
27	Nesland Vaktselskap AS	Leader	81	−4
28	Cato Mørk AS	Leader	81	+13
29	Telemark Travel AS	Leader	81	–
30	Østgården Drift AS	Leader	81	+37
31	Hundremeterskogen AS	Leader	81	−12
32	Effiservice AS	Leader	81	+3
33	Balticnor Bemanning AS	Leader	80	–
34	Dds Auto AS	Leader	80	–
35	Topp Still Utleie AS	Leader	80	+9
36	Etterforsker1 Gruppen AS	Leader	80	+20
37	Scientia Consult AS	Leader	80	−4
38	Fyrst og Fremst AS	Leader	80	+9
39	Verket Fablab AS	Leader	80	+27
40	Decorus Utemiljø AS	Leader	80	–
41	Konnekta AS	Leader	80	–
42	Groruddalen Containerutleie AS	Leader	80	+16
43	Pto Maskin AS	Leader	80	+61
44	Hob Service AS	Leader	80	+64
45	Espen Molund AS	Leader	80	−16
46	Offshore Logistics AS	Leader	80	+34
47	SERKON SERVICE & Utleie AS	Leader	80	+11
48	Frekape AS	Leader	79	−2
49	Syver Service AS	Leader	79	+14
50	Bio Landskap AS	Leader	79	–

Download as CSV (opens in Excel)

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

Assento AS
From 2024 to 2025: the operating margin rose from −26.1% to 20.3% and the equity ratio rose from −25.7% to 61.8%.
+70
Hob Service AS
From 2024 to 2025: the equity ratio rose from −54.0% to 61.6% and the operating margin rose from −6.2% to 34.8%.
+64
Pto Maskin AS
From 2024 to 2025: the equity ratio rose from 1.0% to 85.9% and revenue grew by 123%.
+61
Anle AS
From 2024 to 2025: the equity ratio fell from 84.6% to −89.9% and the operating margin fell from 5.6% to −25.8%.
−61

Summary analysis

Forretningsmessig tjenesteyting, Morning class Large: 65 ranked companies in fiscal year 2025.

Best in the sector: Ses Energy AS (score 84, operating margin 12.4%, equity ratio 55.8%). Anticimex A/S (score 81, operating margin 16.9%, equity ratio 49.9%). Intrum AS (score 75, operating margin 19.6%, equity ratio 50.6%).

Weakest in the sector: Cramo AS (score 15, operating margin −0.1%, equity ratio 4.1%). Personalhuset Staffing Group AS (score 21, operating margin −0.8%, equity ratio 8.1%). Reitan Convenience Norway AS (score 29, operating margin −31.0%, equity ratio 21.4%).

Worth a closer look

The median operating margin rose from 2.4% in 2024 to 3.8% in 2025 (1.3 percentage points).
The median equity ratio fell from 20.9% in 2024 to 20.6% in 2025 (0.3 percentage points).
The median revenue growth fell from 7.0% in 2024 to 5.1% in 2025 (1.9 percentage points).
The share with a loss went from 25% in 2024 to 15% in 2025.

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

Top lists in the sector · 2025 · Morning class Micro

The five largest companies account for 1% of the sector's revenue. Combined profit before tax for the 1,000 ranked companies: 1,393 MNOK.

Size

The largest by revenue and employees, and who earns the most per employee.

Highest revenue

Paygoo AS 10 MNOK
BMG STEIN & Hage AS 10 MNOK
Veksthuset Rekruttering AS 10 MNOK
Ringheim Bilhjelp og Utleige AS 10 MNOK
Åndal Maskin AS SALG-UTLEIE 10 MNOK

Operating revenue.

Most employees

Employees according to the Central Coordinating Register.

Highest revenue per employee

Åndal Maskin AS SALG-UTLEIE 2.0 MNOK
Eco Service AS 1.9 MNOK
Visit Geilo AS 1.9 MNOK
Relisec AS 1.7 MNOK
Arne Aas AS 1.7 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

Edgefolio AS 99.8%
PIONÈR Holding AS 99.7%
Wihold AS 98.5%
Hundremeterskogen AS 98.3%
Quentines AS 96.5%

Operating result divided by operating revenue.

Largest profit

Olympic Group AS 1,148 MNOK
Amarillo AS 118 MNOK
Polaris Eiendom AS 49 MNOK
Sørlie Maskinutleie AS 20 MNOK
Rabiat AS 11 MNOK

Profit before tax.

Largest loss

Interrent AS −76 MNOK
Vicama AS −45 MNOK
Umoe Wind II AS −28 MNOK
Veksthuset Rekruttering AS −10 MNOK
Prounite AS −9 MNOK

Profit before tax, the largest negative.

Most solid

Fotball Media Kvinner AS 100.0%
Kilsund Travel AS 100.0%
PIONÈR Holding AS 98.6%
Polaris Eiendom AS 98.4%
Ola Thune AS 97.1%

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

Interrent AS −96.8%
Amarillo AS −84.0%
Visumservice AS −77.3%
Berntsen Drift AS −69.0%
Eccera Finance Professionals AS −60.2%

Revenue decline from the year before, only from at least NOK 10 million in revenue.

Biggest climbers

Assento AS +70.0 points
Hob Service AS +63.4 points
Pto Maskin AS +60.8 points
Mutek AS +53.4 points
Rustad Gård AS +51.5 points

Change in index points from the year before.

Biggest fallers

Anle AS −61.0 points
Humano AS −57.9 points
Graff Executive Search AS −57.2 points
Northern Light Dog Adventure AS −54.7 points
Morgedal Drift og Vedlikehald AS −53.5 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.

Quadrant analysis

Positions in the sector · 2025 · 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.

The chart and list show the 400 largest companies by revenue, of 1,007 in the class. Everyone is in the ranking. Full ranking

Bubble size shows relative revenue, not exact figures. Dashed lines show where the 5 companies that moved most stood in 2024 (small ring).

Assento AS profitability 3 → 89, solidity 0 → 77
Anle AS profitability 67 → 4, solidity 92 → 0
Rustad Gård AS profitability 6 → 89, solidity 0 → 50
Pto Maskin AS profitability 14 → 63, solidity 11 → 94
GRØNN EIENDOMSDRIFT & Forvaltning AS profitability 95 → 1, solidity 16 → 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	In 2024 (profitability / solidity)
Maritim AS	Cheetah	98	28	98 / 29
Wingames AS	Cheetah	98	15	–
Olsen AS	Cheetah	98	23	98 / 12
Relisec AS	Cheetah	97	15	98 / 38
Brako Consulting AS	Cheetah	96	12	96 / 12
Jbc AS	Lion	94	60	94 / 61
Teknisk Management AS	Lion	94	73	92 / 75
Edgefolio AS	Lion	93	97	93 / 99
Safe Project Management AS	Lion	93	100	92 / 100
Aurora Borealis Tromsø AS	Lion	92	75	–
WE Fix Drift AS	Cheetah	91	39	–
Lavvo Østlandet AS	Lion	90	58	58 / 69
Assento AS	Lion	89	77	3 / 0
Sør Rental AS	Lion	89	72	81 / 56
Borg Renhold AS	Cheetah	89	13	81 / 13
Østgården Drift AS	Lion	89	73	49 / 49
Rustad Gård AS	Lion	89	50	6 / 0
Duen Experience AS	Lion	88	83	84 / 70
Event 4 Fun AS	Cheetah	88	14	64 / 0
Olarean Service AS	Cheetah	88	41	16 / 36
GH Bemanning og Rekruttering AS	Lion	88	85	84 / 88
Tkp Ultrahøytrykk AS	Cheetah	88	45	–
Finnskogens Bemanning AS	Cheetah	87	13	93 / 11
Scuti AS	Lion	87	98	89 / 98
Liftmann AS	Lion	87	63	82 / 60
Jmb Graveservice AS	Cheetah	87	41	80 / 26
Boilerrent AS	Lion	86	67	92 / 63
Aktiv-Partner AS	Lion	86	93	52 / 70
Haltos Servicesenter AS	Lion	85	75	7 / 70
Larjo AS	Lion	85	62	59 / 0
Safari Planter AS	Cheetah	85	0	21 / 0
Modulselskapet AS	Cheetah	85	15	88 / 15
Try Norway AS	Lion	85	60	89 / 55
Lås Montøren AS	Lion	85	70	76 / 44
Topp Still Utleie AS	Lion	84	76	79 / 62
Safe4 Risk Solutions AS	Lion	84	62	68 / 75
Sternblick AS	Lion	84	81	84 / 78
Tor Eriksen Rengjøring AS	Cheetah	83	11	91 / 15
Dds Auto AS	Lion	83	88	–
Event Nord AS	Lion	83	63	68 / 86
B & G Welding Contracting AS	Cheetah	82	31	84 / 24
Hjørnet Firma Service AS	Lion	82	57	59 / 67
Integra Sikkerhet AS	Cheetah	82	37	42 / 13
Førde Uteliv Service AS	Lion	82	57	63 / 38
Marthe Carrara AS	Cheetah	82	0	8 / 0
Etterforsker1 Gruppen AS	Lion	81	86	39 / 81
Personal Team Bodø AS	Lion	81	54	24 / 25
Joinas AS	Lion	81	86	59 / 43
Renere Luft AS	Lion	81	67	49 / 75
Andrea Foss AS	Lion	80	95	61 / 98

The sector in numbers

Summary · fiscal year 2025 · Morning class Micro

The sector's median operating margin is 4.3%. 469 of 1,984 companies have negative equity. The median equity ratio is 29.5%.

Companies with accounts1,984

Total revenue4,167 MNOK

Median operating margin4.3%

Median equity ratio29.5%

Share with a loss38%

Share with negative equity24%

All figures are for fiscal year 2025. Ranked: 1,007 operating companies. Holding companies, excluded companies and companies without enough data are shown but not ranked. How to read the index

1 company reports in another currency. Its revenue is converted at the mean rate for the accounting period and makes up 0% of the total.

Climbers and fallers · Morning class Micro

Change in rank from 2024 to 2025, for 859 companies ranked in both years.

Climbers

936Assento ASfrom rank 1,009 to 7377
900Hob Service ASfrom rank 944 to 4480
881Pto Maskin ASfrom rank 924 to 4380
763M-R Drift og Vedlikehold ASfrom rank 827 to 6478
713Mutek ASfrom rank 1,003 to 29061

Fallers

858Anle ASfrom rank 121 to 97912
854Humano ASfrom rank 46 to 90022
849Graff Executive Search ASfrom rank 81 to 93019
816Morgedal Drift og Vedlikehald ASfrom rank 88 to 90422
775Din Boligvask ASfrom rank 150 to 92519

Awards · 2025 · Morning class Micro

Most profitableEdgefolio AS99.8%

Fastest growthTrysil Konsult AS174,010.1%

Strongest balance sheetMedic Sør Helse AS126.5%

Largest revenuePaygoo AS10 MNOK

Highest revenue per employeeÅndal Maskin AS SALG-UTLEIE2.0 MNOK

Needs attention · 2025 · Morning class Micro

1,155 companies show at least one warning sign. Showing the 15 most important.

criticalVeksthuset Rekruttering ASNegative equity · Current ratio below 1 (0.31) · Loss before tax
criticalÆventyr Aktivitet ASNegative equity · Current ratio below 1 (0.93) · Loss before tax
criticalPedagogisk Bemanning ASNegative equity · Current ratio below 1 (0.84) · Loss before tax
criticalExplore Harstad ASNegative equity · Current ratio below 1 (0.71) · Loss before tax
criticalVyx ASNegative equity · Current ratio below 1 (0.68) · Loss before tax
criticalHN Renhold ASNegative equity · Current ratio below 1 (0.82) · Loss before tax
criticalKI Bemanning ASNegative equity · Current ratio below 1 (0.81) · Loss before tax
criticalMøre og Romsdal Bemanning ASNegative equity · Current ratio below 1 (0.86) · Loss before tax
criticalBarnehagesentralen ASNegative equity · Current ratio below 1 (0.89) · Loss before tax
criticalNhm ASNegative equity · Current ratio below 1 (0.38) · Loss before tax
criticalVaktgruppen Romerike ASNegative equity · Current ratio below 1 (0.97) · Loss before tax
criticalTotalløsning ASNegative equity · Current ratio below 1 (0.76) · Loss before tax
criticalEive ASNegative equity · Current ratio below 1 (0.55) · Loss before tax
criticalLegendary Adventure ASNegative equity · Current ratio below 1 (0.71) · Loss before tax
criticalEN Lys Fremtid ASNegative equity · Current ratio below 1 (0.78) · Loss before tax

Sector map · 2025 · 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.

The map shows the 400 largest companies by revenue, of 1,005 ranked. Everyone is in the ranking.

Show the map's figures as a table

Company	Operating margin	Equity ratio	Revenue
Paygoo AS	46.5%	59.9%	10 MNOK
BMG STEIN & Hage AS	−5.3%	24.0%	10 MNOK
Veksthuset Rekruttering AS	−76.3%	−102.6%	10 MNOK
Ringheim Bilhjelp og Utleige AS	2.6%	28.1%	10 MNOK
Åndal Maskin AS SALG-UTLEIE	−9.8%	27.6%	10 MNOK
Molden AS	1.5%	53.9%	10 MNOK
Nidaros Security AS	12.2%	41.6%	10 MNOK
Æventyr Aktivitet AS	−10.8%	−47.1%	10 MNOK
Pedagogisk Bemanning AS	−0.5%	−25.0%	10 MNOK
Vyx AS	−5.8%	−46.8%	10 MNOK
Tkp Ultrahøytrykk AS	20.9%	30.6%	10 MNOK
Modulselskapet AS	53.5%	4.0%	10 MNOK
Agder Sikkerhet AS	11.6%	39.3%	10 MNOK
Container Solutions AS	−1.7%	−0.3%	10 MNOK
Fjellmark AS	2.9%	−14.6%	10 MNOK
Maritim AS	77.8%	14.9%	10 MNOK
Eosh Utleie AS	22.1%	53.6%	10 MNOK
Eco Service AS	5.2%	19.0%	10 MNOK
HN Renhold AS	0.0%	−21.6%	10 MNOK
KI Bemanning AS	−4.5%	−20.0%	9 MNOK
Manpower Industri AS	−28.5%	4.0%	9 MNOK
Aurora Borealis Tromsø AS	31.2%	60.0%	9 MNOK
Heimdall Guard Service AS	−2.1%	3.3%	9 MNOK
Lysnes Personelltjenester AS	−1.1%	42.0%	9 MNOK
Akershus Utemiljø AS	2.2%	22.6%	9 MNOK
Opplevelse AS	5.1%	15.6%	9 MNOK
Møre og Romsdal Bemanning AS	−7.2%	−16.1%	9 MNOK
Odd Harry Hansen Vaktmesterservice AS	9.3%	61.5%	9 MNOK
Visit Geilo AS	0.5%	22.1%	9 MNOK
Låsexperten AS	1.7%	26.8%	9 MNOK
Polaris Eiendom AS	−84.7%	98.4%	9 MNOK
Trygt Hjem AS	−1.8%	−20.2%	9 MNOK
Top the Fjords AS	6.5%	59.0%	9 MNOK
Bhas Bilutleie AS	−8.2%	0.5%	9 MNOK
Pur Service AS	5.3%	8.2%	9 MNOK
MANNGARD VAKT & Sikkerhet AS	5.2%	16.7%	9 MNOK
M-K Renhold AS	8.2%	23.0%	9 MNOK
Barnehagesentralen AS	−2.2%	−14.8%	9 MNOK
Gammel Nok Omsorg AS	−43.0%	9.1%	9 MNOK
Oslo Bilforvaltning AS	29.3%	5.9%	9 MNOK
Holmestrandsveien Eiendom AS	62.2%	4.8%	9 MNOK
AURSKOG BYGG & Renhold AS	12.2%	1.1%	9 MNOK
Wingames AS	67.3%	4.2%	9 MNOK
Fortrinn Drift AS	4.1%	5.6%	9 MNOK
Yttervåg AS	−17.0%	53.6%	9 MNOK
Andrea Foss AS	50.2%	86.9%	9 MNOK
Aker Trepleie AS	7.7%	55.8%	9 MNOK
Finstad Renhold AS	2.9%	−20.5%	9 MNOK
WE Fix Drift AS	21.5%	26.3%	9 MNOK
Impact AS	−5.8%	6.9%	9 MNOK
Oslo Drenering AS	−4.9%	17.7%	9 MNOK
Finnskogens Bemanning AS	18.6%	2.3%	9 MNOK
Brenna Salg og Utleie AS	−5.3%	88.1%	9 MNOK
Gnv Personell AS	2.7%	−25.3%	8 MNOK
R & E Renhold AS	7.3%	47.4%	8 MNOK
Tripp Trapp Service AS	18.8%	29.0%	8 MNOK
Relisec AS	70.4%	3.6%	8 MNOK
Nhm AS	−20.6%	−38.7%	8 MNOK
G Travel International AS	−5.2%	7.1%	8 MNOK
Arne Aas AS	2.1%	62.6%	8 MNOK
Outdoor Norway AS	2.1%	−4.3%	8 MNOK
Real Eiendomsservice AS	2.2%	−61.0%	8 MNOK
Fasilitetstjenesten AS	2.9%	−8.3%	8 MNOK
People Oslo AS	3.1%	−22.1%	8 MNOK
BØ Lift og Maskinutleie AS	3.6%	64.5%	8 MNOK
Vaktgruppen Romerike AS	2.2%	−16.2%	8 MNOK
Eminent People AS	9.2%	34.3%	8 MNOK
Adventure Helgeland AS	5.5%	31.6%	8 MNOK
Jbc AS	61.2%	45.0%	8 MNOK
Duen Experience AS	20.9%	68.4%	8 MNOK
Live Supply Services AS	8.8%	14.0%	8 MNOK
Kaali Invest AS	8.8%	64.4%	8 MNOK
Namdal Truckutleie AS	17.0%	22.6%	8 MNOK
Suverent AS	5.7%	37.1%	8 MNOK
Hoppdrift AS	6.7%	29.0%	8 MNOK
Artic Clean AS	16.2%	25.8%	8 MNOK
Booksauna AS	4.5%	4.2%	8 MNOK
Willa Renhold AS	3.2%	10.1%	8 MNOK
Polyprotection Offshore AS	8.1%	8.4%	8 MNOK
Flinke Jenter AS	6.1%	9.4%	8 MNOK
Lihaug Reinhald AS	0.5%	66.9%	8 MNOK
Widerøe Gse Asset AS	30.9%	33.1%	8 MNOK
Totalløsning AS	−3.3%	−12.5%	8 MNOK
Surfacore AS	16.6%	41.5%	8 MNOK
Tronnes AS	8.3%	43.6%	8 MNOK
Lavvo Østlandet AS	25.3%	43.2%	8 MNOK
Borg Renhold AS	20.3%	2.5%	8 MNOK
BK Drift AS	2.5%	25.1%	8 MNOK
Liftmann AS	22.5%	48.2%	8 MNOK
Rokke Hageservice AS	−9.9%	41.1%	8 MNOK
Eive AS	−2.8%	−19.9%	8 MNOK
Helsevikar Norge AS	16.7%	26.4%	8 MNOK
Legendary Adventure AS	−8.5%	−9.5%	7 MNOK
Renere Luft AS	15.8%	52.6%	7 MNOK
SERKON SERVICE & Utleie AS	14.9%	68.3%	7 MNOK
Jemco Executive AS	8.6%	61.7%	7 MNOK
Frem Drift AS	1.2%	0.4%	7 MNOK
G Jørgensen Maskinutleie AS	14.4%	13.7%	7 MNOK
Trondheimsfjord Båtutleie AS	−1.2%	16.4%	7 MNOK
Aqkva AS	−5.4%	3.2%	7 MNOK
Suldal Service AS	6.7%	51.0%	7 MNOK
Auto Tek1 AS	6.2%	20.7%	7 MNOK
Raven Security AS	3.1%	26.6%	7 MNOK
Bergen Guideservice AS	5.3%	73.8%	7 MNOK
Assento AS	20.3%	61.8%	7 MNOK
Norvika Capital AS	−1.5%	76.7%	7 MNOK
Ekspedisjonsreiser AS	7.6%	20.4%	7 MNOK
Tor Eriksen Rengjøring AS	18.9%	1.1%	7 MNOK
OLASKJERET - Austevoll Opplevingssenter AS	−0.6%	−77.4%	7 MNOK
Stamsund Auto AS	13.1%	36.6%	7 MNOK
Renholdsekspertene AS	−1.2%	31.6%	7 MNOK
Autorent Narvik AS	0.3%	33.9%	7 MNOK
Vaktmester Trond AS	−1.8%	60.3%	7 MNOK
Eccera Finance Professionals AS	−32.4%	−74.3%	7 MNOK
Check Please AS	4.6%	40.9%	7 MNOK
Vibo Tjenester AS	−0.6%	58.3%	7 MNOK
CC Partner Lillestrøm AS	4.6%	60.9%	7 MNOK
Færder Bygg og Vedlikehold AS	10.5%	53.8%	7 MNOK
Aktiv Bedriftsservice AS	2.1%	−24.7%	7 MNOK
Nigel Wright Consultancy Norway AS	−5.9%	79.3%	7 MNOK
JOBBSYS.NO AS	−5.8%	16.9%	7 MNOK
ZB Competition AS	2.8%	22.8%	7 MNOK
Oslo Bud O Ren AS	14.8%	88.3%	7 MNOK
Alværvik Containerservice AS	15.9%	67.8%	7 MNOK
EN Lys Fremtid AS	−27.5%	−184.2%	7 MNOK
First Hotels International AS	−0.9%	66.9%	7 MNOK
N. Grønseth AS	10.8%	−1.9%	7 MNOK
KM Vestland AS	7.0%	34.6%	7 MNOK
Tønsberg Lyd og Lys AS	−1.8%	58.2%	7 MNOK
Stryn Aktivitetslodge AS	0.2%	−30.7%	7 MNOK
A-Tech Teltutleie AS	6.1%	32.4%	7 MNOK
Lillesand Senter Drift AS	0.6%	6.3%	7 MNOK
Spartacus Helse AS	−1.8%	0.4%	7 MNOK
Motorhome AS	22.2%	10.8%	7 MNOK
Engen Service AS	−5.2%	46.2%	7 MNOK
Norinvest Eiendomsforvaltning AS	15.3%	0.9%	7 MNOK
Hyttemessen AS	−1.2%	9.0%	7 MNOK
Askepotts Renhold AS	8.8%	−129.6%	7 MNOK
TL Live AS	1.5%	74.7%	7 MNOK
HAGE & Skifer AS	−8.9%	31.8%	7 MNOK
Bergen Backline AS	10.7%	67.9%	7 MNOK
Best Pedagogisk AS	−22.7%	−10.9%	7 MNOK
B & G Welding Contracting AS	13.1%	19.6%	7 MNOK
Sam Executive Search Norway AS	−14.0%	−103.4%	7 MNOK
Brako Consulting AS	41.3%	1.1%	7 MNOK
Maxitelt AS	−9.9%	−0.3%	7 MNOK
Gat AS	9.8%	40.1%	7 MNOK
Joinas AS	10.8%	73.9%	7 MNOK
Dimp AS	−0.9%	43.9%	7 MNOK
Gudbrandsdal Eiendomsservice AS	7.1%	59.3%	7 MNOK
Event Nord AS	16.6%	48.5%	7 MNOK
Røldal Bygdetjeneste AS	22.7%	82.6%	7 MNOK
Active Tromso AS	34.3%	43.6%	7 MNOK
MOSS HUS & Hage AS	8.2%	78.9%	7 MNOK
Kravia Gruppen AS	−71.4%	71.0%	7 MNOK
Østlandske Vaktmestertjenester AS	2.8%	23.5%	7 MNOK
Diaz Security AS	4.6%	51.2%	7 MNOK
Alliansen Bemanning og Rekruttering AS	4.2%	8.0%	7 MNOK
Harsjøen Maskinutleie AS	−7.0%	6.8%	7 MNOK
Management 4 U AS	2.3%	32.1%	7 MNOK
Stromma Tourism AS	−55.0%	−13.0%	7 MNOK
Hageriet AS	8.1%	55.8%	7 MNOK
God Renhold Service AS	3.4%	50.3%	7 MNOK
Lokal Base AS	0.5%	−3.7%	7 MNOK
Sk-Service AS	6.7%	−61.0%	6 MNOK
Allteck AS	2.4%	6.7%	6 MNOK
Aurora Wonderland- Basecamp AS	−1.7%	−6.8%	6 MNOK
Pastro AS	6.8%	9.2%	6 MNOK
Cappa AS	−1.9%	68.5%	6 MNOK
Personal Team Bodø AS	12.1%	38.8%	6 MNOK
Offshore Logistics AS	9.9%	87.3%	6 MNOK
Cleanness AS	−1.2%	−146.3%	6 MNOK
Bee2bee AS	−4.5%	−58.9%	6 MNOK
P&P Drift 1 AS	12.1%	52.2%	6 MNOK
Feja AS	9.9%	25.1%	6 MNOK
TG Facilityservice AS	6.1%	−29.7%	6 MNOK
Siddis Bemanning AS	10.6%	14.7%	6 MNOK
Sommarøy Adventure Tromsø AS	−10.4%	20.6%	6 MNOK
Høstbakken Eiendomsservice AS	−9.7%	29.1%	6 MNOK
Bwh Hotel Group AS	2.7%	60.6%	6 MNOK
Nor Secure AS	0.9%	8.1%	6 MNOK
Renhold i Hordaland AS	1.2%	−5.6%	6 MNOK
Simsea Assets AS	25.2%	21.2%	6 MNOK
Aktiv-Partner AS	29.4%	83.3%	6 MNOK
Ulrix Personal AS	12.7%	45.2%	6 MNOK
Coneco AS	47.2%	92.7%	6 MNOK
Esea Group AS	1.7%	1.1%	6 MNOK
Ifix AS	2.4%	28.4%	6 MNOK
Enter Security AS	5.2%	−1.7%	6 MNOK
Steinkjer Liftutleie AS	4.9%	75.0%	6 MNOK
Lås Montøren AS	14.5%	56.4%	6 MNOK
Roks AS	−5.7%	−67.6%	6 MNOK
Powerplay Activities AS	−3.3%	6.9%	6 MNOK
Alegro AS	−1.4%	39.5%	6 MNOK
Studio Spornes AS	−10.7%	48.8%	6 MNOK
MT Crewing AS	1.0%	1.5%	6 MNOK
Kontrex AS	2.8%	16.9%	6 MNOK
Bayer Street Event AS	3.2%	49.7%	6 MNOK
Rentas AS	−8.0%	2.0%	6 MNOK
Anle AS	−25.8%	−89.9%	6 MNOK
Barents Crew AS	6.8%	23.6%	6 MNOK
Aip Utleie AS	−36.1%	33.0%	6 MNOK
Sør Rental AS	41.0%	57.4%	6 MNOK
Berntsen Drift AS	2.0%	85.9%	6 MNOK
Rene Bygg AS	8.1%	23.1%	6 MNOK
Sense Personell Stavanger AS	−3.9%	−262.2%	6 MNOK
Siljoh AS	3.7%	19.2%	6 MNOK
Tor Kvifte AS	6.7%	87.8%	6 MNOK
Teknisk Management AS	66.8%	58.4%	6 MNOK
Hamremoen AS	28.3%	96.2%	6 MNOK
Marthe Carrara AS	8.7%	−48.5%	6 MNOK
WHEE! AS	−53.8%	2.5%	6 MNOK
Gvu AS	−2.7%	−7.6%	6 MNOK
Utex AS	11.0%	36.6%	6 MNOK
Bordglede AS	3.5%	59.8%	6 MNOK
Big Horn Steakhouse Norge AS	23.0%	67.6%	6 MNOK
Larkollen Hytteservice AS	10.7%	64.4%	6 MNOK
Capmare AS	19.5%	77.4%	6 MNOK
Interrent AS	−1,111.4%	−1,684.1%	6 MNOK
Oro Drift AS	7.5%	50.7%	6 MNOK
HS Kran AS	−0.7%	56.8%	6 MNOK
Jmb Graveservice AS	23.4%	28.2%	6 MNOK
Sperton Global AS	−19.5%	23.5%	6 MNOK
Topp Kvalitet Renhold AS	18.1%	50.5%	6 MNOK
RENGLEDE.NO AS	−0.2%	−135.1%	6 MNOK
Sonar Stor-Oslo AS	7.0%	2.8%	6 MNOK
Østgården Drift AS	24.7%	58.2%	6 MNOK
Innlandet Landskapsutforming AS	−2.0%	−269.3%	6 MNOK
Hjørnet Firma Service AS	15.6%	42.0%	6 MNOK
Rent Bygg AS	−0.8%	49.5%	6 MNOK
Edgefolio AS	99.8%	92.7%	6 MNOK
Anleggsgartner Olav Een AS	20.0%	85.6%	6 MNOK
Effect Bemanning AS	−3.2%	16.2%	6 MNOK
Sprek Norge AS	0.0%	3.9%	6 MNOK
Positiv Kompetanse Norge AS	−5.8%	56.5%	6 MNOK
Ivar Tanum Maskinutleie AS	16.8%	89.1%	6 MNOK
Ångtvättbilen Norge AS	6.7%	−15.1%	6 MNOK
Fjell og Fjord Hytteservice AS	−1.3%	64.6%	6 MNOK
RS Jobb AS	0.8%	−13.4%	6 MNOK
Larjo AS	15.4%	47.4%	6 MNOK
Try Norway AS	31.6%	45.7%	6 MNOK
Oseberg Miljø AS	6.3%	29.4%	6 MNOK
Kvarme Entreprenør AS	15.9%	64.8%	6 MNOK
Special Service Company AS	2.4%	29.2%	5 MNOK
Rosten Drift AS	−1.6%	54.2%	5 MNOK
IP Care AS	0.5%	−21.7%	5 MNOK
Sundset Maskin AS	9.3%	34.4%	5 MNOK
Gant Service AS	8.0%	38.5%	5 MNOK
Rustad Gård AS	18.2%	34.8%	5 MNOK
European Appliances Norway AS	4.8%	18.2%	5 MNOK
Eidnes Holding AS	8.4%	80.8%	5 MNOK
Norwegian Service Team Renhold AS	10.2%	8.5%	5 MNOK
Industrirenhold AS	4.7%	19.8%	5 MNOK
Kines Renhold AS	−4.2%	−60.9%	5 MNOK
Bodø Utleie AS	4.1%	3.5%	5 MNOK
Helgå Invest AS	−2.9%	−10.7%	5 MNOK
Hemmat AS	−164.6%	−5,772.1%	5 MNOK
Pro Stål Florø AS	0.0%	4.4%	5 MNOK
Safari Planter AS	15.3%	−39.5%	5 MNOK
Hamremoen Drift AS	2.3%	74.7%	5 MNOK
Bergen Interiør og Byggservice AS	1.4%	46.5%	5 MNOK
Move Your Association AS	0.4%	53.3%	5 MNOK
Hermes Executive Search AS	11.9%	34.0%	5 MNOK
P & P Facility Services AS	5.3%	55.4%	5 MNOK
Bygardsli Service AS	13.4%	54.1%	5 MNOK
NIGHT & Day Security AS	−0.6%	23.9%	5 MNOK
Vestfjord Service AS	1.4%	7.1%	5 MNOK
Lopudreiser-Kroatia AS	3.2%	77.9%	5 MNOK
Kløfta Vedlikehold AS	−5.5%	45.8%	5 MNOK
Grevent AS	−4.4%	50.3%	5 MNOK
Unique Group AS	4.6%	32.9%	5 MNOK
Brager Bil AS	4.1%	58.8%	5 MNOK
Renwise AS	0.4%	18.6%	5 MNOK
Auto Kso AS	2.7%	0.5%	5 MNOK
Tjugum AS	4.4%	35.8%	5 MNOK
DM Group AS	0.8%	−6.2%	5 MNOK
Sentrum Vekter AS	8.1%	28.2%	5 MNOK
Novak AS	12.9%	54.7%	5 MNOK
Heide Bedriftsrenhold AS	−12.0%	−21.6%	5 MNOK
Collective AS	0.6%	3.0%	5 MNOK
Speed Services AS	15.5%	57.4%	5 MNOK
Umoe Wind II AS	−534.7%	9.7%	5 MNOK
Lofoten Utleiesenter AS	5.4%	57.3%	5 MNOK
Tg-Renhold Klinikk AS	6.2%	26.1%	5 MNOK
Integra Sikkerhet AS	19.8%	24.9%	5 MNOK
Olsen AS	64.3%	9.0%	5 MNOK
Safe4 Risk Solutions AS	23.0%	46.8%	5 MNOK
Petter A Olsen Maskinutleie AS	20.5%	61.0%	5 MNOK
Rent og Ryddig AS	11.1%	66.0%	5 MNOK
Selvaag Fellestjenester AS	−8.1%	45.5%	5 MNOK
Simi Holding AS	−1.7%	29.9%	5 MNOK
MASTER RENHOLD & Vaktmester Service AS	−8.6%	−30.1%	5 MNOK
Arrangøren AS	0.1%	−27.8%	5 MNOK
Eikenga 27 AS	39.6%	42.1%	5 MNOK
Aigesa AS	5.0%	19.4%	5 MNOK
Viken Audio AS	1.3%	70.1%	5 MNOK
Xpert Renhold AS	4.5%	−19.9%	5 MNOK
Nbk Sports AS	−1.5%	5.3%	5 MNOK
Driftsgutta AS	−8.9%	−128.1%	5 MNOK
Back Office AS	3.8%	29.0%	5 MNOK
Scuti AS	91.5%	93.8%	5 MNOK
Ullensaker Utleie AS	−31.3%	−139.8%	5 MNOK
Geilo Renhold AS	7.2%	18.2%	5 MNOK
Lykke Marit AS	4.2%	3.5%	5 MNOK
SE og Opplev AS	−1.1%	12.4%	5 MNOK
Dds Auto AS	15.3%	76.6%	5 MNOK
Renax Renholdsservice AS	−4.4%	−16.0%	5 MNOK
Visumservice AS	−16.5%	46.3%	5 MNOK
Brage Innovation AS	18.8%	0.5%	5 MNOK
Fiskarservice AS	1.7%	59.6%	5 MNOK
Ryen Audiovisuell Utleie AS	12.4%	28.6%	5 MNOK
Etterforsker1 Gruppen AS	19.9%	73.7%	5 MNOK
Venezu Services AS	25.7%	35.7%	5 MNOK
Haltos Servicesenter AS	25.7%	60.3%	5 MNOK
ØVRE DRIFT & Vedlikehold AS	9.0%	59.4%	5 MNOK
Sternblick AS	23.2%	67.2%	5 MNOK
Autoteam Bilutleie AS	22.5%	6.0%	5 MNOK
Team Service Eia AS	11.1%	63.3%	5 MNOK
Miljøservice Eiendom AS	74.1%	60.1%	5 MNOK
Collectors AS	1.3%	6.7%	5 MNOK
Pcm Service AS	2.6%	34.5%	5 MNOK
Espen Molund AS	19.4%	121.2%	5 MNOK
Alpha-Security AS	−3.7%	26.4%	5 MNOK
Cleanshopping AS	−0.3%	50.6%	5 MNOK
Anleggsgartner Henrik Helgesen AS	9.7%	60.2%	5 MNOK
Agder Rørspyling AS	−11.8%	23.5%	5 MNOK
Boilerrent AS	24.0%	52.8%	5 MNOK
Rørmiljø AS	12.6%	29.4%	5 MNOK
Mek AS	9.4%	72.0%	5 MNOK
Art Travel AS	−4.0%	61.8%	4 MNOK
Mnp Services AS	11.3%	39.3%	4 MNOK
Bryne Byggdrift AS	4.0%	29.5%	4 MNOK
Lillehammer Vinduspuss AS	12.2%	35.8%	4 MNOK
GRØNN EIENDOMSDRIFT & Forvaltning AS	−74.7%	−305.0%	4 MNOK
KLAR HYTTE & Vaktmestertjenester AS	−3.8%	−67.2%	4 MNOK
Jurgita Renhold AS	−2.6%	5.0%	4 MNOK
Limousine Partner Oslo AS	−10.8%	34.6%	4 MNOK
GR Anleggsgartner AS	−6.0%	−185.3%	4 MNOK
Euro Rally AS	25.9%	24.3%	4 MNOK
Green Future AS	13.3%	58.0%	4 MNOK
Mari Company AS	1.2%	−8.1%	4 MNOK
Gro Vikar AS	−3.3%	−10.9%	4 MNOK
Midt-Norsk Vask AS	4.3%	25.6%	4 MNOK
Norsk Trepleie AS	6.9%	63.9%	4 MNOK
Olarean Service AS	16.1%	27.7%	4 MNOK
Stokke Vaktmestertjenester AS	10.4%	23.3%	4 MNOK
Venditus AS	12.6%	22.6%	4 MNOK
Solida Renhold AS	−10.6%	2.4%	4 MNOK
Jcb Hage og Grøntarealer AS	−0.4%	0.9%	4 MNOK
Goticket AS	2.7%	52.1%	4 MNOK
Voss Lyd AS	4.6%	11.2%	4 MNOK
Anitas Rengjøringsservice AS	3.0%	−83.5%	4 MNOK
Team Service Ådland AS	8.6%	92.0%	4 MNOK
Dreamweaver Productions AS	6.5%	30.4%	4 MNOK
Grov Grasklypp AS	0.6%	67.9%	4 MNOK
GH Bemanning og Rekruttering AS	42.9%	71.6%	4 MNOK
Scenorama AS	8.7%	46.1%	4 MNOK
Fjord Adventure AS	7.2%	28.9%	4 MNOK
Færder Multiservice AS	2.2%	−24.8%	4 MNOK
Cnp Holding AS	3.1%	14.5%	4 MNOK
Gopad AS	12.7%	86.8%	4 MNOK
Nr1utleie AS	−0.5%	77.2%	4 MNOK
Prorec AS	−11.7%	−133.8%	4 MNOK
Visit Alta AS	5.5%	73.4%	4 MNOK
Smarte Hoder AS	6.7%	29.4%	4 MNOK
Hjelperen AS	−5.1%	85.8%	4 MNOK
G&R Matteservice AS	15.2%	52.9%	4 MNOK
Rengjøringshjelpen Kragerø AS	−4.6%	−34.9%	4 MNOK
Nasjonal Vaktservice AS	0.6%	37.2%	4 MNOK
Topp Still Utleie AS	26.3%	61.8%	4 MNOK
BYGG & Drift AS	−0.3%	4.1%	4 MNOK
Halvorsbøle AS	28.9%	7.6%	4 MNOK
SCALA REKRUTTERING & Bemanning AS	2.5%	−61.7%	4 MNOK
Arctic Pulse AS	10.1%	20.8%	4 MNOK
CHRISTIANIA FLYTT & Vask AS	8.0%	18.6%	4 MNOK
Vaskepatruljen AS	−5.6%	31.0%	4 MNOK
Itrollheimen AS	7.5%	3.8%	4 MNOK
Vestnorske Feiertjenester AS	21.4%	87.4%	4 MNOK
Brogård Renhold AS	7.5%	52.1%	4 MNOK
Event 4 Fun AS	18.6%	2.9%	4 MNOK
Killingmo Veivedlikehold AS	−0.1%	107.6%	4 MNOK
EB Utleie AS	1.0%	1.0%	4 MNOK
Stavanger Glød AS	0.1%	11.8%	4 MNOK
Highscore Kvadrat AS	−1.2%	−51.6%	4 MNOK
Jobconnect Admin AS	−1.4%	1.3%	4 MNOK
Nova Vedlikehold AS	41.2%	67.5%	4 MNOK
Skinnende Rent AS	2.0%	34.4%	4 MNOK
MULTISERVICE & Driftstjenester AS	−8.1%	−79.9%	4 MNOK
Yri Maskin AS	−13.6%	88.5%	4 MNOK
PIONÈR Holding AS	99.7%	98.6%	4 MNOK
Førde Uteliv Service AS	16.1%	41.9%	4 MNOK
Pto Maskin AS	0.8%	85.9%	4 MNOK
Assetcare AS	−8.5%	23.9%	4 MNOK
Dale Anleggsgartner AS	8.1%	83.9%	4 MNOK
Øivind Bråthen Maskin AS	6.9%	24.6%	4 MNOK
Rutter Transport AS	6.6%	−35.2%	4 MNOK
Medic Sør Helse AS	2.1%	126.5%	4 MNOK
Stuerent AS	8.1%	34.3%	4 MNOK
Elan Norway AS	−35.1%	−115.8%	4 MNOK
MD Jensen AS	18.4%	43.5%	4 MNOK

Holding and investment companies · 2025

133 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: 50 have at least 10 MNOK in assets and are listed.

Holding and investment companies
Rank	Company	Score	Equity ratio	Return on assets	Current ratio	Total assets
1	Sixsides Holding AS	84	100.0%	19.9%	–	12 MNOK
2	Andvari Investment Research AS	83	98.5%	35.4%	125.07	401 MNOK
3	Løå Invest AS	82	99.9%	16.9%	1,838.55	19 MNOK
4	Khv Holding AS	80	99.5%	21.6%	169.19	42 MNOK
5	Z&E Holding AS	80	99.1%	28.3%	45.11	24 MNOK
6	Hetu Holding AS	79	99.1%	29.1%	38.23	37 MNOK
7	IÅ Invest AS	77	99.8%	13.5%	321.15	15 MNOK
8	Sinclair Holding AS	74	99.6%	13.4%	237.55	34 MNOK
9	Pap Stavanger Holding AS	74	100.0%	11.1%	–	12 MNOK
10	Naboen Holding AS	73	98.5%	22.7%	28.44	75 MNOK
11	Sterud Holding AS	70	99.5%	10.4%	206.17	84 MNOK
12	Trulavi Invest AS	68	89.3%	40.7%	8.08	26 MNOK
13	Olympic Wind Holding AS	65	80.1%	32.4%	62.49	710 MNOK
14	LJ IP Holding AS	64	99.9%	4.1%	316.40	11 MNOK
15	Park Holding AS	60	81.6%	24.8%	22.16	27 MNOK
16	Almehagen Holding AS	59	89.4%	20.3%	6.76	27 MNOK
17	Tee Invest AS	57	84.7%	14.3%	194.81	20 MNOK
18	Voco Invest AS	57	99.0%	4.4%	95.20	23 MNOK
19	Brødrene Kverneland Invest AS	56	89.1%	30.7%	0.01	38 MNOK
20	Kai Canari Holding AS	56	60.3%	46.8%	11.24	1,293 MNOK

Show all 50

Rank	Company	Score	Total assets
21	Egner Holding AS	54	93 MNOK
22	Tøn Holding AS	53	19 MNOK
23	Eckhoff Invest AS	53	16 MNOK
24	Traa Holding AS	52	13 MNOK
25	Grøjbdle Invest AS	51	27 MNOK
26	Netfair Holding AS	48	23 MNOK
27	Knas Holding AS	48	14 MNOK
28	Betongforbedring Holding AS	47	107 MNOK
29	Ahw Holding AS	46	72 MNOK
30	Kvamnet Holding AS	46	62 MNOK
31	Collett Invest AS	46	14 MNOK
32	NP Bodø Holding AS	46	33 MNOK
33	Synkron Holding AS	45	11 MNOK
34	Kolle Holding AS	45	56 MNOK
35	Anders Haga Holding AS	44	10 MNOK
36	Fløysand Invest AS	42	27 MNOK
37	Oeg Offshore Holding AS	42	724 MNOK
38	Trallfa Capital AS	42	228 MNOK
39	Habberstad Holding AS	41	11 MNOK
40	Fecadu Invest AS	38	41 MNOK
41	Vestland Invest AS	35	365 MNOK
42	Cws-Holding AS	33	17 MNOK
43	Norsvin International Holding AS	25	195 MNOK
44	Vss Holdings AS	24	2,173 MNOK
45	Nes Fircroft Holdings Norway AS	18	610 MNOK
46	Trevland Holding AS	14	12 MNOK
47	Kgt Holding AS	11	41 MNOK
48	S.Holding AS	11	13 MNOK
49	Wikerøy Invest AS	9	20 MNOK
50	Abg Scandinavia Holdings AS	5	167 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

All articles

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))

Latest value: 104.0 (2026M09)

Consumer price index rose 3.0% in 2025; the sector's median operating margin rose 0.5 percentage points.

Consumer price index per year and the sector's median operating margin
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)

Latest value: 4.50 (2026-10)

Policy rate fell 0.20 percentage points in 2025; the sector's median operating margin rose 0.5 percentage points.

Policy rate per year and the sector's median operating margin
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

All bankruptcies and liquidations in the sector

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