Sector

Helse og omsorg

1,989 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 Medium

Morning class Medium · 2025
#	Company	Profile	Score	Change
1	Sandnes Pro-Service AS	Leader	81	+5
2	Arba Inkludering AS	Leader	79	+2
3	Trøndelag Ortopediske Verksted AS	Leader	78	+1
4	Viker Helse AS	Leader	77	+16
5	Favi AS	Leader	74	+23
6	Blå Kors Klinikk Haugaland AS	Leader	74	+1
7	Senter for Arbeidslivsforberedelse Alf AS	Leader	74	+1
8	Trigger Jobb AS	Leader	73	−8
9	N.K.S. Grefsenlia AS	Leader	73	−3
10	Sarpsborg Asvo AS	Steward	72	+6
11	Origod AS	Leader	72	+6
12	Vikersund Bad Rehabiliteringssenter AS	Leader	72	−10
13	Røde Kors Haugland Rehabiliteringssenter AS	Leader	71	+3
14	Blå Kors Klinikk Skien AS	Leader	71	−3
15	Jæren Industripartner AS	Steward	71	+2
16	Bufar Kompetanse AS	Sprinter	70	+17
17	Link AS	Leader	70	−1
18	Ski Tannlegesenter AS	Leader	70	−8
19	Blå Kors Klinikk Lade AS	Leader	69	+1
20	Jobbklar Utvikling AS	Leader	69	+2
21	A2g Videre AS	Leader	69	+1
22	Grønneviken AS	Steward	69	+1
23	Ms-Senteret Hakadal AS	Leader	68	+5
24	Skogli Helse og Rehabiliteringssenter AS	Leader	68	+7
25	Unikum Inkludering AS	Leader	68	+11
26	Solstein AS	Steward	67	+2
27	Jobbklar AS	Leader	66	+11
28	Lovisenberg Driftstjenester AS	Leader	65	+40
29	Helgeland Industrier AS	Steward	65	−8
30	Grep Arbeid AS	Steward	64	+3
31	Døgnbemannede Omsorgsboliger AS	Leader	64	+5
32	Blå Kors Klinikk Loland AS	Leader	63	−3
33	Mjøsanker Jobb og Utvikling AS	Steward	63	+23
34	Prima AS	Leader	63	+19
35	Muritunet AS	Leader	63	+26
36	Fønix Arbeidsinkludering AS	Steward	63	+15
37	Oslokollega Karriere AS	Leader	63	+23
38	Helgeland Asv AS	Steward	63	−13
39	Blå Kors Øst AS	Steward	62	−10
40	Medi 3 AS	Leader	62	−2
41	Blå Kors Klinikk Tjeldsund AS	Leader	62	−4
42	Eurodent AS	Leader	61	−3
43	Eiker Vekst AS	Leader	61	+18
44	INTERNATIONAL SOS (MEDSITE) AS	Leader	61	−2
45	Arbeidslivsressurs AS	Sprinter	61	+1
46	Villa Vika Aktiv AS	Sprinter	60	0
47	Rehabiliteringssenteret Air AS	Leader	60	0
48	Fossheim AS	Steward	60	−14
49	Rogaland Omsorg AS	Sprinter	60	+3
50	Corvita Care AS	Sprinter	60	0

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 Medium

Uniped AS
From 2024 to 2025: went from a profit to a loss before tax and the operating margin fell from 9.1% to −4.2%.
−44
Lovisenberg Driftstjenester AS
From 2024 to 2025: went from a loss to a profit before tax and the operating margin rose from −1.5% to 8.1%.
+40
Tian Helse AS
From 2024 to 2025: went from a profit to a loss before tax and the operating margin fell from 9.3% to −7.4%.
−38
Unicare Steffensrud AS
From 2024 to 2025: the operating margin fell from 4.8% to −65.0% and the equity ratio fell from 55.0% to −54.1%.
−38

Summary analysis

Helse og omsorg, Morning class Large: 28 ranked companies in fiscal year 2025.

Best in the sector: Aberia Ung AS (score 86, operating margin 10.2%, equity ratio 65.1%). Human Care Ung AS (score 74, operating margin 6.3%, equity ratio 54.3%). Aleris Helse AS (score 70, operating margin 13.7%, equity ratio 54.4%).

Weakest in the sector: Avincis Aviation Norway AS (score 12, operating margin −19.3%, equity ratio 0.1%). Avonova Helse AS (score 13, operating margin −3.8%, equity ratio 0.6%). Lovisenberg Omsorg AS (score 15, operating margin 0.1%, equity ratio −5.3%).

Worth a closer look

The median operating margin fell from 5.7% in 2024 to 5.3% in 2025 (0.5 percentage points).
The median equity ratio rose from 34.7% in 2024 to 37.8% in 2025 (3.1 percentage points).
The median revenue growth fell from 11.6% in 2024 to 8.7% in 2025 (3.0 percentage points).
The share with a loss went from 22% in 2024 to 21% 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 Medium

The five largest companies account for 11% of the sector's revenue. Combined profit before tax for the 171 ranked companies: 909 MNOK.

Size

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

Highest revenue

Odontia Klinikkdrift AS 497 MNOK
Diakonhjemmet Omsorg AS 492 MNOK
Omsorgspartner AS 484 MNOK
Limbra AS 435 MNOK
Stendi Assistanse AS 410 MNOK

Operating revenue.

Most employees

Employees according to the Central Coordinating Register.

Highest revenue per employee

Skaar Omsorg AS 6.7 MNOK
Cosmo Clinic AS 6.5 MNOK
Falck Helseformidling AS 5.8 MNOK
Memira AS 5.0 MNOK
Limbra AS 4.9 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

Skaar Omsorg AS 45.5%
Vitas AS 40.2%
Cosmo Clinic AS 30.4%
Bedriftshelsen AS 28.7%
Favi AS 24.4%

Operating result divided by operating revenue.

Largest profit

Ecura AS 118 MNOK
Odontia Klinikkdrift AS 56 MNOK
Falck Helseformidling AS 47 MNOK
Memira AS 43 MNOK
Bergen Røde Kors Sykehjem AS 40 MNOK

Profit before tax.

Largest loss

Unicare Jeløy AS −84 MNOK
Unicare Steffensrud AS −49 MNOK
DR.Dropin AS −23 MNOK
Lovisenberg Rehabilitering AS −19 MNOK
OC Tannklinikker AS −17 MNOK

Profit before tax, the largest negative.

Most solid

Helgeland Asv AS 96.7%
Sarpsborg Asvo AS 92.5%
Helgeland Industrier AS 92.0%
Origod AS 89.4%
Solstein AS 87.7%

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

Skaar Omsorg AS +170.6%
Norlandia Care Norge AS +116.8%
Bufar Kompetanse AS +93.1%
Odontia Klinikkdrift AS +90.4%
Attende AS +65.9%

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

Largest revenue decline

Sana Mottaksdrift AS −44.0%
Ecura Bpa AS −36.0%
Norlandia Hjemmeomsorg AS −25.6%
UNICARE BO & Omsorg AS −20.1%
INTERNATIONAL SOS (MEDSITE) AS −18.1%

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

Biggest climbers

Lovisenberg Driftstjenester AS +39.9 points
Attende AS +34.1 points
Rena Ungdoms- og Familiesenter AS +33.9 points
Muritunet AS +25.9 points
Åstveit Helsesenter AS +24.8 points

Change in index points from the year before.

Biggest fallers

Uniped AS −44.7 points
Tian Helse AS −38.2 points
Unicare Steffensrud AS −37.4 points
Unicare Jeløy AS −30.1 points
Bupa AS −28.0 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 Medium

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 5 companies that moved most stood in 2024 (small ring).

Unicare Steffensrud AS profitability 56 → 1, solidity 67 → 0
Tian Helse AS profitability 87 → 4, solidity 55 → 37
Lovisenberg Driftstjenester AS profitability 10 → 87, solidity 52 → 68
Unicare Jeløy AS profitability 41 → 0, solidity 65 → 0
Uniped AS profitability 88 → 12, solidity 33 → 20

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)
Vitas AS	Cheetah	100	8	100 / 10
Bedriftshelsen AS	Cheetah	99	21	99 / 4
Viker Helse AS	Lion	98	58	–
Falck Helseformidling AS	Cheetah	95	17	88 / 14
Ski Tannlegesenter AS	Lion	95	71	99 / 63
Memira AS	Lion	95	51	97 / 62
Cosmo Clinic AS	Cheetah	94	2	94 / 3
Vikersund Bad Rehabiliteringssenter AS	Lion	94	65	96 / 86
Arbeidslivsressurs AS	Cheetah	93	10	95 / 0
Nøstret BO og Omsorgsenter AS	Cheetah	93	32	94 / 35
Odontia Klinikkdrift AS	Cheetah	92	27	91 / 37
Bohjemme AS	Cheetah	92	12	83 / 16
Link AS	Lion	92	55	94 / 48
Unicare Hokksund AS	Cheetah	91	44	82 / 54
Bufar Kompetanse AS	Cheetah	90	43	–
Favi AS	Lion	90	76	33 / 53
DR.Dropin Bht AS	Cheetah	89	11	–
Skaar Omsorg AS	Cheetah	88	26	–
Moloklinikken AS	Cheetah	88	18	90 / 5
Lovisenberg Driftstjenester AS	Lion	87	68	10 / 52
Unicare Fram AS	Cheetah	87	34	79 / 26
Sandnes Pro-Service AS	Lion	86	92	73 / 93
Grønn Jobb AS	Cheetah	85	0	31 / 28
Assent AS	Cheetah	85	18	83 / 21
Medicus Oslo AS	Cheetah	84	26	66 / 33
Kompetansesentervest AS	Cheetah	84	29	–
Vertikal Helseassistanse AS	Cheetah	83	43	99 / 24
Ms-Senteret Hakadal AS	Lion	82	79	60 / 80
Rogaland Omsorg AS	Cheetah	82	28	77 / 30
Blå Kors Klinikk Tjeldsund AS	Lion	82	57	91 / 64
Habilitering Hadeland AS	Cheetah	81	22	66 / 40
Borger AS	Cheetah	81	9	71 / 19
Unicare Landaasen AS	Lion	80	55	67 / 66
Ibsensykehusene AS	Cheetah	80	31	–
Bergen Røde Kors Sykehjem AS	Cheetah	79	38	31 / 25
Villa Vika Aktiv AS	Cheetah	77	47	–
INTERNATIONAL SOS (MEDSITE) AS	Lion	76	58	83 / 50
Blå Kors Klinikk Loland AS	Lion	76	81	66 / 76
Unikum Inkludering AS	Lion	76	70	61 / 61
Aneta Lighting AS	Cheetah	74	33	63 / 38
Corvita Care AS	Cheetah	74	40	82 / 27
Døgnbemannede Omsorgsboliger AS	Lion	74	61	75 / 47
N.K.S. Grefsenlia AS	Lion	73	86	81 / 82
Trigger Jobb AS	Lion	73	89	80 / 87
Trøndelag Ortopediske Verksted AS	Lion	73	83	73 / 83
Fagertun Trygt og Trivelig AS	Lion	73	51	61 / 45
Blå Kors Klinikk Skien AS	Lion	72	90	77 / 86
Recovery BO og Omsorg AS	Lion	72	57	88 / 31
Åstveit Helsesenter AS	Cheetah	70	42	39 / 18
Rena Ungdoms- og Familiesenter AS	Cheetah	70	15	14 / 0

The sector in numbers

Summary · fiscal year 2025 · Morning class Medium

The sector's median operating margin is 3.7%. 8 of 173 companies have negative equity. The median equity ratio is 40.7%.

Companies with accounts173

Total revenue21,528 MNOK

Median operating margin3.7%

Median equity ratio40.7%

Share with a loss27%

Share with negative equity5%

All figures are for fiscal year 2025. Ranked: 173 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 Medium

Change in rank from 2024 to 2025, for 153 companies ranked in both years.

Climbers

120Lovisenberg Driftstjenester ASfrom rank 148 to 2865
95Muritunet ASfrom rank 130 to 3563
85Mjøsanker Jobb og Utvikling ASfrom rank 118 to 3363
83Oslokollega Karriere ASfrom rank 120 to 3763
79Favi ASfrom rank 84 to 574

Fallers

124Tian Helse ASfrom rank 31 to 15527
123Uniped ASfrom rank 43 to 16617
104Bupa ASfrom rank 26 to 13039
102Unicare Steffensrud ASfrom rank 63 to 16519
100A2g Kompetanse ASfrom rank 19 to 11943

Awards · 2025 · Morning class Medium

Most profitableSkaar Omsorg AS45.5%

Fastest growthSmartlegen AS1,987.3%

Strongest balance sheetHelgeland Asv AS96.7%

Largest revenueOdontia Klinikkdrift AS497 MNOK

Highest revenue per employeeSkaar Omsorg AS6.7 MNOK

Needs attention · 2025 · Morning class Medium

72 companies show at least one warning sign. Showing the 15 most important.

criticalKlinikk Hausken ASNegative equity · Current ratio below 1 (0.40) · Loss before tax
criticalBlå Kors Barnevern Malvik ASNegative equity · Current ratio below 1 (0.59) · Loss before tax
criticalHavna Omsorg ASNegative equity · Current ratio below 1 (0.85) · Loss before tax
criticalOC Tannklinikker ASNegative equity · Loss before tax
criticalGrønn Jobb ASNegative equity · Current ratio below 1 (0.52)
criticalTannféen Norge ASNegative equity · Current ratio below 1 (0.54)
criticalUnicare Jeløy ASNegative equity · Loss before tax
criticalUnicare Steffensrud ASNegative equity · Loss before tax
watchLovisenberg Rehabilitering ASVery low equity ratio (5.1%) · Current ratio below 1 (0.95) · Loss before tax
watchViken BO og Omsorg ASVery low equity ratio (2.8%) · Current ratio below 1 (0.79) · Loss before tax
watchTY Tannklinikk ASVery low equity ratio (3.9%) · Current ratio below 1 (0.40) · Loss before tax
watchHålogaland Helse og Omsorg ASVery low equity ratio (7.4%) · Current ratio below 1 (1.00) · Loss before tax
watchUnicare Nord-Norge ASVery low equity ratio (8.3%) · Current ratio below 1 (0.51) · Loss before tax
watchAvonova Solutions ASVery low equity ratio (1.8%) · Current ratio below 1 (0.84)
watchNorlandia Care Norge ASCurrent ratio below 1 (1.00) · Loss before tax

Sector map · 2025 · Morning class Medium

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
Sandnes Pro-Service AS	14.4%	82.8%	90 MNOK
Arba Inkludering AS	7.0%	82.9%	83 MNOK
Trøndelag Ortopediske Verksted AS	9.1%	74.3%	173 MNOK
Viker Helse AS	23.1%	47.2%	68 MNOK
Favi AS	24.4%	68.2%	61 MNOK
Blå Kors Klinikk Haugaland AS	6.8%	81.3%	109 MNOK
Senter for Arbeidslivsforberedelse Alf AS	6.2%	72.6%	69 MNOK
Trigger Jobb AS	13.0%	78.8%	93 MNOK
N.K.S. Grefsenlia AS	8.8%	76.0%	108 MNOK
Sarpsborg Asvo AS	4.9%	92.5%	58 MNOK
Origod AS	5.6%	89.4%	51 MNOK
Vikersund Bad Rehabiliteringssenter AS	21.1%	58.5%	138 MNOK
Røde Kors Haugland Rehabiliteringssenter AS	6.8%	82.0%	83 MNOK
Blå Kors Klinikk Skien AS	10.0%	80.0%	248 MNOK
Jæren Industripartner AS	2.9%	84.3%	76 MNOK
Bufar Kompetanse AS	10.0%	37.1%	64 MNOK
Link AS	18.4%	44.9%	197 MNOK
Ski Tannlegesenter AS	20.0%	64.6%	70 MNOK
Blå Kors Klinikk Lade AS	6.1%	75.4%	173 MNOK
Jobbklar Utvikling AS	7.4%	53.2%	124 MNOK
A2g Videre AS	4.1%	71.5%	57 MNOK
Grønneviken AS	3.3%	72.8%	81 MNOK
Ms-Senteret Hakadal AS	21.2%	71.9%	69 MNOK
Skogli Helse og Rehabiliteringssenter AS	5.5%	75.5%	98 MNOK
Unikum Inkludering AS	7.1%	63.9%	76 MNOK
Solstein AS	3.3%	87.7%	72 MNOK
Jobbklar AS	4.7%	80.3%	78 MNOK
Lovisenberg Driftstjenester AS	8.1%	63.7%	93 MNOK
Helgeland Industrier AS	1.1%	92.0%	68 MNOK
Grep Arbeid AS	2.6%	76.3%	155 MNOK
Døgnbemannede Omsorgsboliger AS	6.4%	51.2%	64 MNOK
Blå Kors Klinikk Loland AS	8.6%	73.8%	54 MNOK
Mjøsanker Jobb og Utvikling AS	3.7%	75.2%	85 MNOK
Prima AS	3.2%	76.5%	128 MNOK
Muritunet AS	7.0%	60.6%	87 MNOK
Fønix Arbeidsinkludering AS	0.4%	85.4%	91 MNOK
Oslokollega Karriere AS	1.2%	73.9%	92 MNOK
Helgeland Asv AS	1.8%	96.7%	51 MNOK
Blå Kors Øst AS	3.5%	76.9%	110 MNOK
Medi 3 AS	5.9%	65.1%	176 MNOK
Blå Kors Klinikk Tjeldsund AS	9.1%	46.7%	76 MNOK
Eurodent AS	5.0%	48.3%	69 MNOK
Eiker Vekst AS	5.3%	62.2%	57 MNOK
INTERNATIONAL SOS (MEDSITE) AS	6.1%	48.0%	202 MNOK
Arbeidslivsressurs AS	12.4%	9.7%	81 MNOK
Villa Vika Aktiv AS	12.6%	39.3%	54 MNOK
Rehabiliteringssenteret Air AS	8.8%	86.8%	89 MNOK
Fossheim AS	2.7%	65.0%	72 MNOK
Rogaland Omsorg AS	7.4%	23.7%	149 MNOK
Corvita Care AS	6.1%	33.2%	138 MNOK
Careium Norge AS	7.4%	43.5%	141 MNOK
Kompetansesentervest AS	9.7%	24.6%	65 MNOK
Signo Grantoppen AS	7.6%	66.4%	58 MNOK
Bergen Røde Kors Sykehjem AS	16.2%	29.9%	246 MNOK
Ostra Consult AS	4.9%	65.3%	99 MNOK
Solli Dps AS	1.6%	65.6%	210 MNOK
Orbitarena Arbeidsinkludering AS	−0.7%	85.8%	68 MNOK
Fagertun Trygt og Trivelig AS	11.0%	42.4%	71 MNOK
Personalpartner Arbeid og Inkludering AS	0.0%	87.5%	59 MNOK
Ibsensykehusene AS	11.6%	25.5%	111 MNOK
Odontia Klinikkdrift AS	11.7%	23.3%	497 MNOK
Avigo Arbeid og Inkludering AS	−6.1%	83.7%	55 MNOK
OSLO PRODUKSJON & Tjenester AS	2.4%	66.9%	112 MNOK
Memira AS	13.0%	41.6%	279 MNOK
Unicare Landaasen AS	7.9%	45.1%	66 MNOK
Unicare Bakke AS	5.0%	44.6%	74 MNOK
Oslo Sanitetsforening Brusetkollen AS	1.2%	71.8%	121 MNOK
Idrettens Helsesenter AS	−0.5%	75.8%	128 MNOK
Bedriftshelsen AS	28.7%	17.3%	80 MNOK
Assent AS	9.1%	14.4%	73 MNOK
Falck Helseformidling AS	15.7%	14.3%	289 MNOK
Moloklinikken AS	15.0%	14.4%	110 MNOK
Fretex Jobb og Oppfølging AS	−5.1%	83.9%	141 MNOK
Furene AS	−8.2%	74.0%	82 MNOK
Unicare Hokksund AS	12.4%	37.2%	105 MNOK
Sms Omsorg AS	4.7%	21.9%	92 MNOK
MD Solutions AS	5.5%	51.9%	58 MNOK
Skaar Omsorg AS	45.5%	22.5%	60 MNOK
Habilitering Hadeland AS	7.5%	18.0%	72 MNOK
Åstveit Helsesenter AS	5.8%	35.9%	69 MNOK
Idea Kompetanse Arbeid og Inkludering AS	1.3%	60.2%	72 MNOK
Unicare Fram AS	8.8%	27.2%	89 MNOK
Aneta Lighting AS	7.5%	26.3%	89 MNOK
Mitra AS	4.6%	31.0%	67 MNOK
Meråker Kurbad AS	−1.1%	72.0%	51 MNOK
Bohjemme AS	12.7%	11.2%	94 MNOK
Recovery BO og Omsorg AS	4.3%	46.5%	238 MNOK
Spir Arbeidsinkludering AS	0.1%	64.9%	84 MNOK
Vertikal Helseassistanse AS	8.0%	36.7%	116 MNOK
Nøstret BO og Omsorgsenter AS	16.2%	25.7%	63 MNOK
Sørlandets Rehabiliteringssenter Eiken AS	2.9%	53.5%	67 MNOK
Vitas AS	40.2%	8.2%	90 MNOK
Haugesund Sanitetsforenings Revmatismesykehus AS	10.7%	30.0%	254 MNOK
DR.Dropin Bht AS	12.9%	10.6%	69 MNOK
Attende AS	−2.0%	52.1%	128 MNOK
Himmelblå Barnevern AS	5.1%	11.8%	58 MNOK
Familiehjelp AS	4.5%	44.2%	98 MNOK
Cosmo Clinic AS	30.4%	1.2%	65 MNOK
Fremja AS	0.9%	37.5%	83 MNOK
Blå Kors Arbeid og Inkludering AS	−3.3%	75.4%	56 MNOK
Ecura AS	0.9%	41.0%	72 MNOK
Cura Kompetanse AS	−0.2%	54.9%	85 MNOK
Tannhelsehuset Haugesund AS	4.5%	17.9%	68 MNOK
Limbra AS	2.2%	40.2%	435 MNOK
Auris Helse AS	5.0%	12.8%	179 MNOK
Nks Jæren Distriktspsykiatriske Senter AS	−1.5%	51.4%	241 MNOK
Omsorgspartner AS	4.0%	19.2%	484 MNOK
Medicus Oslo AS	9.5%	22.5%	58 MNOK
Bpa Nord AS	4.2%	18.0%	104 MNOK
Bragd Kompetanse AS	−0.9%	70.0%	67 MNOK
Nks Olaviken Alderspsykiatriske Sykehus AS	−6.1%	64.5%	165 MNOK
Ecura Hjemmetjenester AS	3.5%	28.3%	173 MNOK
Stendi Assistanse AS	3.4%	25.3%	410 MNOK
Rena Ungdoms- og Familiesenter AS	5.1%	12.8%	62 MNOK
DR.Dropin AS	−18.2%	76.6%	140 MNOK
Care Avlastning AS	4.8%	9.6%	69 MNOK
Vigør Rehabiliteringssykehus AS	2.3%	43.7%	126 MNOK
Human Care Holding AS	5.5%	18.7%	90 MNOK
A2g Kompetanse AS	−0.4%	45.7%	192 MNOK
Betanien Sykehus AS	−4.1%	60.3%	368 MNOK
Borger AS	7.9%	9.6%	257 MNOK
Eskoleia AS	−7.2%	49.5%	102 MNOK
Aurora Omsorg AS	1.9%	13.3%	311 MNOK
Grønn Jobb AS	8.3%	−29.0%	127 MNOK
Otrera AS	2.5%	15.0%	98 MNOK
Fønix AS	−4.9%	67.2%	110 MNOK
Voss Dps Nks Bjørkeli AS	−6.2%	54.1%	92 MNOK
Den Skreddersydde Enhet AS	3.4%	5.5%	85 MNOK
Furukollen Psykiatriske Senter AS	−0.4%	38.9%	159 MNOK
Bupa AS	−0.5%	34.0%	114 MNOK
Abri Dialogue AS	−0.1%	23.9%	125 MNOK
Triv AS	1.1%	41.5%	67 MNOK
OC Tannklinikker AS	6.8%	−2.3%	231 MNOK
Avonova Solutions AS	6.3%	1.8%	321 MNOK
Norasonde Arbeidsinkludering AS	0.4%	26.0%	59 MNOK
Uloba AS	1.0%	34.3%	134 MNOK
2Care Hjemmetjenester AS	2.4%	12.5%	175 MNOK
Mdco AS	−4.7%	40.7%	60 MNOK
Arba AS	−1.5%	48.8%	54 MNOK
Unicare Norge AS	4.7%	12.4%	186 MNOK
Revmatismesykehuset AS	−13.5%	63.8%	114 MNOK
Varodd Inkludering AS	−1.7%	33.4%	100 MNOK
Smartlegen AS	−2.3%	27.7%	208 MNOK
Grefsenhjemmet Sykehjemsdrift AS	1.8%	28.3%	130 MNOK
Ecura Bpa AS	4.3%	20.5%	233 MNOK
Jag Assistanse AS	−0.2%	26.5%	272 MNOK
Norlandia Care Norge AS	−0.7%	15.5%	299 MNOK
Hålogaland Helse og Omsorg AS	0.1%	7.4%	79 MNOK
Prima Arena AS	−6.5%	42.8%	102 MNOK
Cmedical AS	−4.7%	38.7%	113 MNOK
Haraldsplass Serio Ung AS	1.2%	6.5%	181 MNOK
Diakonhjemmet Omsorg AS	−0.7%	27.9%	492 MNOK
Villa Skaar Jevnaker AS	−1.1%	22.8%	91 MNOK
Ressurs Kompetanse AS	−6.4%	40.1%	54 MNOK
Tian Helse AS	−7.4%	29.7%	123 MNOK
Omsorgskollektivet AS	2.8%	11.7%	106 MNOK
Viken BO og Omsorg AS	0.0%	2.8%	170 MNOK
Brageva AS	1.4%	2.8%	65 MNOK
Sana Mottaksdrift AS	−2.9%	28.8%	103 MNOK
Villa Skaar Lier AS	−8.5%	37.8%	81 MNOK
Havna Omsorg AS	−1.1%	−5.9%	82 MNOK
Norlandia Hjemmeomsorg AS	−11.9%	25.4%	114 MNOK
TY Tannklinikk AS	−7.2%	3.9%	91 MNOK
Unicare Jeløy AS	−93.8%	−154.2%	90 MNOK
Unicare Steffensrud AS	−65.0%	−54.1%	78 MNOK
Uniped AS	−4.2%	15.1%	111 MNOK
Tannféen Norge AS	−0.1%	−93.9%	104 MNOK
Velle Utvikling AS	−10.3%	11.0%	60 MNOK
Lovisenberg Rehabilitering AS	−6.7%	5.1%	292 MNOK
UNICARE BO & Omsorg AS	−0.8%	12.7%	147 MNOK
Klinikk Hausken AS	−2.3%	−73.3%	101 MNOK
Unicare Nord-Norge AS	−5.3%	8.3%	70 MNOK
Blå Kors Barnevern Malvik AS	−3.2%	−105.1%	85 MNOK

Holding and investment companies · 2025

95 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: 30 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	O2 Holding AS	94	99.0%	74.0%	43.55	10 MNOK
2	Carlsten Holding AS	86	99.8%	26.2%	384.44	13 MNOK
3	Fewi Holding AS	80	87.9%	50.1%	8.28	26 MNOK
4	Akval Invest AS	76	96.2%	24.7%	15.43	25 MNOK
5	Clh Holding AS	72	83.7%	44.5%	5.78	25 MNOK
6	Nhf Holding AS	70	99.8%	8.1%	342.70	15 MNOK
7	BJØRN J. Hansen Holding AS	70	80.8%	36.5%	39.50	41 MNOK
8	Minster Holding AS	62	76.7%	40.0%	4.28	22 MNOK
9	Coysa Holding AS	59	84.9%	21.6%	4.40	12 MNOK
10	Rundhaug Holding AS	53	93.1%	14.0%	2.30	14 MNOK
11	Nevrokiro Holding AS	53	96.8%	0.2%	30.90	18 MNOK
12	Blid Holding AS	52	100.0%	0.0%	–	31 MNOK
13	Eija Holding AS	51	71.0%	31.4%	3.15	53 MNOK
14	J S Holding AS	50	90.4%	3.5%	7.38	49 MNOK
15	Dmpsteg Holding AS	47	97.1%	−0.1%	5.11	15 MNOK
16	Efraim Holding AS	44	62.6%	29.3%	1.99	30 MNOK
17	Mare Holding AS	43	68.4%	23.1%	2.93	18 MNOK
18	Ylvind Holding AS	42	75.4%	18.3%	3.42	25 MNOK
19	Glis Holding AS	42	76.4%	15.5%	3.36	21 MNOK
20	Fürst Holding AS	41	83.8%	10.8%	1.13	1,708 MNOK

Show all 30

Rank	Company	Score	Total assets
21	Aukland Holding AS	40	37 MNOK
22	Bch Holding AS	40	17 MNOK
23	Coperio Holding AS	39	193 MNOK
24	M Sørensen Holding AS	38	61 MNOK
25	Børseth Invest AS	38	11 MNOK
26	Endre Hodneland Holding AS	37	17 MNOK
27	M&V Holding AS	28	1,293 MNOK
28	Gatty Holding AS	21	22 MNOK
29	Link Holding AS	18	129 MNOK
30	Pepper Holding AS	13	30 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. 7 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 −10.4%.

Based on the 6 fiscal years we have. The analysis grows as more years are fetched or imported.

Fiscal year	Median operating margin	Median equity ratio
2021	–	–
2022	4.7%	34.5%
2023	7.4%	42.0%
2024	7.0%	43.7%
2025	6.3%	43.9%
2026 · weakest year	−10.4%	10.8%

In 2026, 0 ranked companies did better than the sector, 1 about the same and 0 weaker.

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 fell 0.7 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	–	4.7%	7.4%	7.0%	6.3%	−10.4%

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 fell 0.7 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	–	4.7%	7.4%	7.0%	6.3%	−10.4%

Source: Norges Bank (IR, NLOD 2.0). Source · fetched 3 November 2026

When policy rate fell in 2025, 926 of 1,948 ranked companies kept their operating margin at or above the year before. Among the largest: Lovisenberg Diakonale Sykehus AS (1.9% → 2.4%), Diakonhjemmet Sykehus AS (1.5% → 2.8%), Aleris Helse AS (11.9% → 13.7%), Ecura BO og Habilitering AS (4.6% → 6.2%), Lovisenberg Omsorg AS (−3.0% → 0.1%).

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: 39,697; +0.7% from 2023
Persons employed: 127,429; +1.3% from 2023
Turnover: NOK 140.5 bn; +7.0% from 2023
Gross operating margin: 22.7%; Gross operating surplus divided by turnover

All enterprises, sole proprietorships included. SSB withholds some figures for confidentiality. The figure then shows the latest year with every value, and the year is given beside it.

Bankruptcies in the industry

54 enterprise bankruptcies in the last four quarters (2025K4–2026K3). Change +20.0% against the four quarters before (45). That is about 1.4 per 1,000 enterprises.

Source: Statistics Norway (SSB), table 12910, table 10790. 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

Abra Dental AS 931185659 Voluntary liquidation · 3 November 2026 · 0 MNOK (2025)
EMPATHY INCLUDED - IDEELT AKSJESELSKAP 933546217 Voluntary liquidation · 2 November 2026 · 0 MNOK (2025)
Helsesenteret Instebø AS 931817531 Bankruptcy · 2 November 2026 · 14 MNOK (2025)
Velura Klinikk AS 922273642 Voluntary liquidation · 2 November 2026 · 0 MNOK (2025)
Agens Helse AS 932951576 Voluntary liquidation · 31 October 2026 · 1 MNOK (2025)
Din Helsevenn AS 823320132 Voluntary liquidation · 31 October 2026 · 0 MNOK (2025)
Din Samtale Viken AS 925893943 Voluntary liquidation · 31 October 2026 · 0 MNOK (2025)
Fotklinikken Halden AS 919213442 Voluntary liquidation · 31 October 2026 · 0 MNOK (2025)

All bankruptcies and liquidations in the sector

Industry codes (NACE)

Code	Description
86*	Hele hovedgruppe 86
86.101	Somatiske sykehustjenester
86.102	Psykiatriske sykehustjenester for voksne
86.103	Spesialisert rusbehandling
86.104	Psykiatriske sykehustjenester for barn og ungdom
86.210	Allmennlegetjenester
86.221	Spesialiserte legetjenester, unntatt psykiatriske legetjenester
86.222	Psykiatriske legetjenester
86.230	Tannlegetjenester
86.910	Medisinske laboratorietjenester og bildediagnostikk
86.921	Ambulansetransport unntatt luftambulanse
86.922	Luftambulansetransport med fly eller helikopter
86.930	Psykolog- og psykoterapitjenester, unntatt legetjenester innenfor psykiatri
86.941	Sykepleietjenester og andre helsetjenester i hjemmet
86.942	Helsestasjons- og skolehelsetjenester
86.950	Fysioterapi- og ergoterapitjenester
86.960	Aktiviteter innenfor tradisjonell, komplementær og alternativ medisin
86.970	Formidlingstjenester tilknyttet lege-, tannlegetjenester og andre helsetjenester
86.991	Ortopedi- og fotterapitjenester
86.992	Forebyggende helsearbeid
86.993	Andre helsetjenester ellers
87*	Hele hovedgruppe 87
87.101	Tjenester i spesialinstitusjon innenfor helse- og omsorg
87.102	Sykehjemstjenester
87.104	Tjenester i avlastningsboliger/-institusjoner
87.106	Helse- og omsorgstjenester i bofelleskap, samlokaliserte omsorgsboliger og lignende
87.201	Omsorgstjenester i botilbud for personer med psykiske helseproblemer og/eller rusmiddelproblemer
87.202	Omsorgstjenester i botilbud for personer med utviklingshemming eller med tilsvarende funksjonsnedsettelse
87.300	Omsorgstjenester i botilbud for eldre eller personer med fysisk funksjonsnedsettelse
87.991	Tjenester i barneverninstitusjoner
87.992	Asylmottakstjenester
87.999	Andre botilbud innenfor sosiale tjenester ikke nevnt annet sted
88*	Hele hovedgruppe 88
88.101	Praktisk bistand i hjemmet
88.102	Dagaktivitetstilbud tilpasset målgrupper
88.103	Tjenester i seniorsentre
88.104	Brukerstyrt personlig assistanse (bpa)
88.105	Avlastning utenfor institusjon
88.106	Støttekontakt- og besøkstjeneste
88.910	Dagaktivitetstilbud for barn
88.991	Barneverntjenester
88.992	Familieverntjenester
88.993	Arbeidstrening og varig tilrettelagt arbeid
88.994	Velferdstjenester til sårbare grupper
88.996	Andre sosialtjenester uten botilbud ellers