Sector

Helse og omsorg

2,037 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	Kullberg AS	Leader	90	+18
2	Raeder AS	Leader	87	+9
3	Firmitas AS	Leader	87	–
4	Vitalo AS	Leader	87	+13
5	Fysioform AS	Leader	86	+11
6	Tannlege Glenn Slette AS	Leader	86	−1
7	Venger Fysioterapi AS	Leader	86	–
8	Lege Kinga Kerekes AS	Leader	86	+13
9	Psykologspesialist Jonas Sharma-Bakkevig AS	Leader	86	+10
10	Melius AS	Leader	85	–
11	Estetikk Plastikkirurgi AS	Leader	85	–
12	Zetbu AS	Leader	85	–
13	Nelson Enterprise AS	Leader	85	+11
14	Hudlege Frode Kristiansen AS	Leader	83	+8
15	Psykolog Jon Ståle Gjesdal Henriksen AS	Leader	83	+18
16	Mesterhjelp Skjærhalden AS	Leader	83	+7
17	Adund AS	Leader	83	+11
18	Christiania Privatklinikk AS	Leader	83	+13
19	Expiro AS	Leader	83	+8
20	Tannlege Kathrine Ekanger AS	Leader	83	−5
21	First Molar AS	Leader	83	+7
22	Tannregulering Flotte 28 AS	Leader	83	+10
23	HJ Øyelege AS	Leader	83	–
24	Novadent AS	Leader	82	+3
25	Blomros AS	Leader	82	+7
26	Tannlege Christian Almeland AS	Leader	82	–
27	Løren Torg Tannlegesenter AS	Leader	82	+3
28	Anne Cecilie Hallquist AS	Leader	82	+1
29	Mcb Endre Sande AS	Leader	82	–
30	Kirsten Rokstad AS	Leader	81	+4
31	Ikya Clinic AS	Leader	81	+57
32	Tannlege Børge Klyve AS	Leader	81	+6
33	Nea Skin Clinic AS	Leader	81	–
34	Atlet Performance AS	Leader	81	–
35	Kongsberg Øyeklinikk AS	Leader	81	+11
36	Tannlege Bård Pande AS	Leader	81	+4
37	Harald Ringdal AS	Leader	81	+5
38	Tannlege Johannesen AS	Leader	81	+3
39	Pandher Singh AS	Leader	81	0
40	Innherred Øyeklinikk AS	Leader	81	0
41	Tannlege Dugum AS	Leader	81	+2
42	Pedro Franca AS	Leader	81	−3
43	Eidemacpherson AS	Leader	80	+6
44	Ortodontia AS	Leader	80	+1
45	Medicard AS	Leader	80	+7
46	Oslo Nevrologi Senter AS	Leader	80	−2
47	Arbeidspsykolog AS	Leader	80	+13
48	TUENGEN ALLÈ 1 B AS	Leader	80	–
49	Tannlege Emmerhoff AS	Leader	80	+9
50	Vinstra Tannlegesenter AS	Leader	80	+2

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

Ikya Clinic AS
From 2024 to 2025: went from a loss to a profit before tax and the equity ratio rose from 44.8% to 92.9%.
+57
Vit Tannklinikk AS
From 2024 to 2025: the operating margin fell from 27.7% to −217.1% and went from a profit to a loss before tax.
−56
Folk og FE AS
From 2024 to 2025: the equity ratio fell from 70.8% to 2.6% and the operating margin fell from 19.7% to −0.4%.
−56
Bergen Sports Medicine Kokstad AS
From 2024 to 2025: the equity ratio fell from 46.7% to −113.7% and the operating margin fell from 8.1% to −21.8%.
−54

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 Micro

The five largest companies account for 1% of the sector's revenue. Combined profit before tax for the 1,485 ranked companies: 995 MNOK.

Size

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

Highest revenue

Optimal Klinikk AS 10 MNOK
L B Holding AS 10 MNOK
Vakkert Smil AS 10 MNOK
1 Pluss 1 BO og Omsorgsbaser AS 10 MNOK
Vitalo AS 10 MNOK

Operating revenue.

Most employees

HS Omsorg AS 78
Folkelig AS 48
Geitmyra Ringsaker Matkultursenter for Barn AS 48
MOMENTOR - MENNESKER, Utvikling og Vekst AS 41
Folk og FE AS 37

Employees according to the Central Coordinating Register.

Highest revenue per employee

1 Pluss 1 BO og Omsorgsbaser AS 2.0 MNOK
Tannlege Sandra Marie Jakobsen AS 1.9 MNOK
Klinikk for Smertebehandling AS 1.9 MNOK
Plastikkirurgisk Institutt AS 1.8 MNOK
Bracket AS 1.8 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

Lml AS 99.3%
Oslo Tannmedisin AS 98.9%
Estetikk Plastikkirurgi AS 93.6%
Psykiater Elena Soroka AS 93.2%
Medoral AS 91.4%

Operating result divided by operating revenue.

Largest profit

Allergi og Øre- Nese- Hals AS 19 MNOK
Fjeld Christensen AS 13 MNOK
Tannlege Kathrine Ekanger AS 10 MNOK
Kiropraktor Leif Gustav Pedersen AS 10 MNOK
Øyelege Kolkmeier AS 8 MNOK

Profit before tax.

Largest loss

NORLANDIA HEALTH & Care Group AS −42 MNOK
Hear IT AS −10 MNOK
Markku Karma AS −5 MNOK
Sterk Helse og Trening Nydalen AS −5 MNOK
Sør-Øst Spesialistsenter AS −5 MNOK

Profit before tax, the largest negative.

Most solid

Erik Hessen AS 99.4%
Krise AS 99.0%
Annlaug Stensland AS 98.7%
Tannlege Torkild Stjernesund AS 98.5%
Astrid Brate Birkenæs AS 98.0%

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

BJØRN J. Hansen AS −58.5%
Smertespesialisten Oslo AS −47.2%
Enter Kompetanse AS −45.0%
Corvita Kompetanse AS −44.4%
Intro DM AS −39.0%

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

Biggest climbers

Ikya Clinic AS +57.6 points
Holt Vestvollen Legesenter AS +51.6 points
Ledang Health AS +45.4 points
Dentix Tannhelse AS +41.2 points
Enhance Running AS +39.7 points

Change in index points from the year before.

Biggest fallers

Folk og FE AS −55.6 points
Vit Tannklinikk AS −55.3 points
Bergen Sports Medicine Kokstad AS −54.7 points
Ensjøbyen Medisinske Senter AS −52.9 points
Torget Legesenter Sarpsborg AS −48.7 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 1,494 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).

Primus AS profitability 82 → 91, solidity 92 → 6
Folk og FE AS profitability 71 → 19, solidity 72 → 10
Holmed AS profitability 5 → 74, solidity 0 → 14
Vestsiden Gynekolog Praksis AS profitability 10 → 78, solidity 67 → 72
Gyn Meb AS profitability 90 → 43, solidity 46 → 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)
Romerike Spesialistklinikk Lege og Tannlege AS	Beaver	18	7	48 / 10
Nemus Arendal AS	Beaver	18	43	47 / 40
Grenland Øyelegesenter AS	Elephant	17	58	73 / 49
Vinterbro Tannlegesenter AS	Elephant	17	77	54 / 78
Drammen Laserklinikk AS	Beaver	17	0	11 / 0
Andersen Kiropraktikk AS	Beaver	17	43	38 / 46
Vestsiden Tannlegekontor AS	Elephant	17	65	63 / 64
Personlig Omsorg AS	Beaver	17	41	48 / 43
Drangedal Produkter AS	Elephant	17	55	34 / 60
Himmelblå Bpa AS	Beaver	17	0	–
Skansen Legekontor AS	Beaver	16	0	67 / 0
Vitalisklinikken AS	Beaver	16	0	13 / 0
Plastikkirurgisk Institutt AS	Beaver	16	0	–
NORLANDIA HEALTH & Care Group AS	Beaver	16	30	15 / 32
Skeiane Legesenter AS	Beaver	16	24	37 / 26
Tos Asvo AS	Elephant	15	92	54 / 92
Tannlege Anja Holthe AS	Beaver	15	18	46 / 21
Trøndelag Omsorgssenter AS	Beaver	15	14	15 / 14
Nicoles AS	Elephant	15	66	38 / 68
Ammeklinikken AS	Beaver	15	36	14 / 47
Dentalpark AS	Elephant	15	68	33 / 86
Pulmihavet AS	Elephant	15	56	42 / 69
Move Kiropraktikk AS	Beaver	14	39	30 / 52
Torvet Legesenter AS	Elephant	14	74	76 / 75
Mjøndalen Kiropraktorklinikk AS	Beaver	13	16	10 / 24
TNT Kiropraktikk og Rehabilitering AS	Beaver	13	0	33 / 0
Helsehuset Tananger AS	Beaver	12	25	56 / 27
Vern Omsorg AS	Beaver	11	12	60 / 27
Bellevue Helsesenter AS	Beaver	11	0	52 / 0
Tannlege Svein-Ragnar Baggethun AS	Elephant	10	64	60 / 64
Tannverden AS	Beaver	10	35	29 / 44
Sannan Legesenter AS	Beaver	10	0	10 / 0
Elisabeth Aurstad Riksen AS	Beaver	10	0	13 / 29
Sola Medisinske Senter AS	Beaver	9	24	33 / 27
Sanne AS	Beaver	9	26	34 / 44
Corvita Kompetanse AS	Elephant	9	58	–
Stavanger Plastikkirurgi AS	Elephant	9	78	5 / 79
Sammen for Livet AS	Beaver	9	34	13 / 54
Bodin Legekontor AS	Elephant	7	52	44 / 63
Brenselsutsalget AS	Elephant	7	61	24 / 69
Kognito AS	Beaver	7	45	35 / 64
Kiropraktorsenteret i Volda AS	Beaver	7	0	4 / 0
Oslo Tannteknikk og Estetikk AS	Beaver	6	0	7 / 33
Mdco Finnsnes AS	Beaver	6	20	16 / 57
Askin AS	Elephant	5	59	2 / 0
Intro DM AS	Beaver	5	16	–
Smertespesialistene Colosseum AS	Beaver	4	8	1 / 8
Birk Nordic Pharma Consulting AS	Beaver	4	43	–
Medico Legesenter AS	Elephant	4	60	17 / 75
Helseblikk AS	Beaver	1	0	2 / 0

The sector in numbers

Summary · fiscal year 2025 · Morning class Micro

The sector's median operating margin is 7.8%. 296 of 2,053 companies have negative equity. The median equity ratio is 46.1%.

Companies with accounts2,053

Total revenue5,912 MNOK

Median operating margin7.8%

Median equity ratio46.1%

Share with a loss27%

Share with negative equity14%

All figures are for fiscal year 2025. Ranked: 1,494 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 2024 to 2025, for 1,364 companies ranked in both years.

Climbers

1,270Ikya Clinic ASfrom rank 1,301 to 3181
1,155Holt Vestvollen Legesenter ASfrom rank 1,383 to 22870
1,081Ledang Health ASfrom rank 1,255 to 17472
975Dentix Tannhelse ASfrom rank 1,285 to 31066
938Tannlege Team Ensjø ASfrom rank 1,108 to 17073

Fallers

1,230Folk og FE ASfrom rank 176 to 1,40617
1,079Vindafjord Legesenter ASfrom rank 247 to 1,32625
1,077Kra ASfrom rank 265 to 1,34223
1,073Vit Tannklinikk ASfrom rank 406 to 1,4797
1,049Godfoten Kiropraktikk ASfrom rank 174 to 1,22332

Awards · 2025 · Morning class Micro

Most profitableLml AS99.3%

Fastest growthLege K Gylthe AS132,916.1%

Strongest balance sheetTUENGEN ALLÈ 1 B AS139.1%

Largest revenueOptimal Klinikk AS10 MNOK

Highest revenue per employee1 Pluss 1 BO og Omsorgsbaser AS2.0 MNOK

Needs attention · 2025 · Morning class Micro

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

criticalPlastikkirurgisk Institutt ASNegative equity · Current ratio below 1 (0.51) · Loss before tax
criticalHelseblikk ASNegative equity · Current ratio below 1 (0.04) · Loss before tax
criticalDrammen Laserklinikk ASNegative equity · Current ratio below 1 (0.39) · Loss before tax
criticalVitalisklinikken ASNegative equity · Current ratio below 1 (0.53) · Loss before tax
criticalSannan Legesenter ASNegative equity · Current ratio below 1 (0.18) · Loss before tax
criticalHimmelblå Bpa ASNegative equity · Current ratio below 1 (0.95) · Loss before tax
criticalOslo Tannteknikk og Estetikk ASNegative equity · Current ratio below 1 (0.97) · Loss before tax
criticalSkansen Legekontor ASNegative equity · Current ratio below 1 (0.70) · Loss before tax
criticalElisabeth Aurstad Riksen ASNegative equity · Current ratio below 1 (0.92) · Loss before tax
criticalIrislegene ASNegative equity · Current ratio below 1 (0.78) · Loss before tax
criticalBellevue Helsesenter ASNegative equity · Current ratio below 1 (0.59) · Loss before tax
criticalKiropraktorsenteret i Volda ASNegative equity · Current ratio below 1 (0.29) · Loss before tax
criticalTNT Kiropraktikk og Rehabilitering ASNegative equity · Current ratio below 1 (−0.10) · Loss before tax
criticalTelemark Vaksinasjonssenter ASNegative equity · Current ratio below 1 (0.93) · Loss before tax
criticalSterk Helse og Trening Nydalen ASNegative equity · Current ratio below 1 (0.36) · 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 1,490 ranked. Everyone is in the ranking.

Show the map's figures as a table

Company	Operating margin	Equity ratio	Revenue
Optimal Klinikk AS	4.9%	41.3%	10 MNOK
L B Holding AS	37.1%	89.5%	10 MNOK
Vakkert Smil AS	−0.1%	−1.8%	10 MNOK
1 Pluss 1 BO og Omsorgsbaser AS	12.9%	73.9%	10 MNOK
Vitalo AS	58.6%	88.9%	10 MNOK
Corvita Kompetanse AS	−5.5%	58.0%	10 MNOK
Kullberg AS	76.2%	91.2%	10 MNOK
Tannhelseklinikken AS	15.3%	83.4%	10 MNOK
Nord Bht AS	2.9%	1.9%	10 MNOK
Tannlege Sandra Marie Jakobsen AS	5.5%	38.2%	10 MNOK
Tannlegene Nohre AS	20.5%	84.3%	10 MNOK
MOMENTOR - MENNESKER, Utvikling og Vekst AS	0.3%	68.3%	10 MNOK
Nesbru Legesenter AS	0.0%	5.2%	10 MNOK
K. Danielsen Holding AS	10.8%	43.9%	10 MNOK
Ski Øre-Nese-Hals AS	36.4%	26.4%	9 MNOK
Tannglede Hovda AS	4.7%	19.6%	9 MNOK
Ullevål Hageby Tannklinikk AS	28.8%	37.2%	9 MNOK
Birk Nordic Pharma Consulting AS	−15.3%	40.7%	9 MNOK
Nordic Lifestyle AS	59.5%	61.2%	9 MNOK
Klinikk for Smertebehandling AS	80.2%	25.1%	9 MNOK
Enter Kompetanse AS	32.6%	51.3%	9 MNOK
Drangedal Produkter AS	−1.7%	54.7%	9 MNOK
CC Vest Tannlegesenter AS	11.2%	27.9%	9 MNOK
Pendulum AS	23.2%	34.4%	9 MNOK
Kragerøtannlegene AS	−0.5%	73.1%	9 MNOK
Cmud AS	19.2%	55.3%	9 MNOK
Vestsiden Tannlegekontor AS	−1.4%	63.7%	9 MNOK
Askin AS	−38.1%	58.4%	9 MNOK
Gastro Legegruppen Glazkov AS	35.5%	38.8%	9 MNOK
Grenland Øyelegesenter AS	−1.5%	57.8%	9 MNOK
Intro DM AS	−10.9%	8.0%	9 MNOK
Knarvik Kjeveortopedi AS	18.3%	42.6%	9 MNOK
Østlandske Hjertesenter AS	38.2%	68.6%	9 MNOK
Torvet Legesenter AS	−3.5%	72.2%	9 MNOK
Øyelege Håkon Øritsland AS	33.8%	37.1%	9 MNOK
DR. RENNEMO PH.D AS	44.1%	10.1%	9 MNOK
Kråkerøytannlegene AS	6.9%	76.4%	9 MNOK
The Skin Clinic Trondheim AS	21.1%	55.6%	9 MNOK
PC Legepraksis AS	11.9%	83.3%	9 MNOK
Norklinikken Sandnes AS	3.2%	32.1%	9 MNOK
Tannlege Dugum AS	28.4%	87.4%	9 MNOK
Aufera AS	8.1%	5.6%	9 MNOK
Samtalen AS	0.5%	18.6%	9 MNOK
Fredrikstad Hjertesenter AS	53.4%	78.8%	9 MNOK
Stavanger-Gynekologene AS	47.8%	65.4%	9 MNOK
Hudlege Karin Moser AS	56.4%	63.4%	9 MNOK
Runa Vekst AS	3.2%	53.4%	9 MNOK
Rafael Piatkowski AS	45.9%	54.5%	9 MNOK
Tannverden AS	−4.9%	33.1%	9 MNOK
ØYELEGE DR. Meike Sporbeck AS	10.0%	59.0%	9 MNOK
Plastikkirurgisk Institutt AS	−1.2%	−5.4%	9 MNOK
HS Omsorg AS	2.5%	9.6%	9 MNOK
NORLANDIA HEALTH & Care Group AS	−54.7%	27.3%	9 MNOK
TM Klinikken AS	8.8%	54.8%	9 MNOK
Bracket AS	26.7%	0.8%	9 MNOK
Tannlege Jaghlasian AS	24.5%	73.9%	9 MNOK
Dybvik Tannhelsesenter AS	13.2%	44.9%	9 MNOK
Tannlegene Ask AS	17.2%	4.5%	9 MNOK
Helseblikk AS	−22.8%	−376.3%	9 MNOK
Kongsberg Øre-Nese-Hals Klinikk AS	49.7%	72.1%	9 MNOK
Lege Catharina Hovland Sannes AS	39.2%	43.9%	9 MNOK
Kiro1 AS	4.5%	68.3%	9 MNOK
Lørenskog Gastroklinikk AS	43.0%	84.5%	9 MNOK
Tannlegene Bergsdal og Skulbru AS	3.8%	62.4%	9 MNOK
Nordmoen AS	−0.2%	85.1%	9 MNOK
Tønsberg Øre-Nese-Hals AS	62.7%	45.1%	9 MNOK
Drammen Laserklinikk AS	−0.9%	−52.1%	9 MNOK
Asklepion AS	39.0%	12.6%	9 MNOK
Langhus Tannlegesenter AS	3.9%	54.5%	9 MNOK
Thevito AS	35.0%	82.9%	9 MNOK
Allergi og Øre- Nese- Hals AS	52.0%	97.5%	9 MNOK
Tanngalleriet AS	28.6%	46.7%	9 MNOK
Geitmyra Ringsaker Matkultursenter for Barn AS	9.6%	72.2%	9 MNOK
Karlson Psykologene AS	21.6%	49.6%	8 MNOK
Askeladden Ressurssenter AS	8.2%	54.6%	8 MNOK
Fredrikstad Tannhelse AS	21.8%	15.5%	8 MNOK
Mdco Finnsnes AS	−12.4%	13.5%	8 MNOK
Vitalisklinikken AS	−0.9%	−94.7%	8 MNOK
Babyswim AS	4.7%	16.5%	8 MNOK
Beauty Medical Care AS	5.7%	67.4%	8 MNOK
Haugesund Øyelegesenter AS	73.6%	0.6%	8 MNOK
Hogst AS	0.7%	53.7%	8 MNOK
E. L. Borg Eiendom AS	55.3%	33.6%	8 MNOK
Tannlege Glenn Slette AS	52.3%	88.0%	8 MNOK
Abdaly Spesialist Allmennmedisin AS	64.6%	90.0%	8 MNOK
Sola Medisinske Senter AS	−4.5%	19.8%	8 MNOK
Sannan Legesenter AS	−6.2%	−39.7%	8 MNOK
Hvite Smil AS	38.3%	28.5%	8 MNOK
Kilen Tannlegesenter AS	19.0%	68.1%	8 MNOK
Sentrum Tannklinikk Alta AS	13.7%	62.7%	8 MNOK
Urologiklinikken Trondheim AS	47.7%	18.0%	8 MNOK
Nobiscura AS	1.6%	29.9%	8 MNOK
Selbak Tannlegesenter AS	13.9%	46.8%	8 MNOK
Jæren Spesialistklinikk AS	16.5%	0.7%	8 MNOK
Nordlie Spesialistpraksis AS	52.6%	2.5%	8 MNOK
Skullerud Tannlegesenter AS	6.2%	70.0%	8 MNOK
Khoff AS	50.1%	52.5%	8 MNOK
Stavanger Medisinske Senter AS	5.6%	1.9%	8 MNOK
Brenselsutsalget AS	−8.6%	60.6%	8 MNOK
Sykkylven Tannklinikk AS	13.2%	42.3%	8 MNOK
Himmelblå Bpa AS	−1.5%	−4.9%	8 MNOK
Bronchus AS	27.1%	36.4%	8 MNOK
Stian Halse AS	30.3%	0.8%	8 MNOK
Tannlege Oslo AS	13.4%	14.7%	8 MNOK
Cme2 AS	0.3%	−34.1%	8 MNOK
Eikaklinikken AS	5.1%	59.8%	8 MNOK
Bra-Pro Lurøy Kommunale Vta AS	14.9%	81.6%	8 MNOK
Hmsdesign AS	9.9%	47.0%	8 MNOK
Vern Omsorg AS	−2.5%	4.8%	8 MNOK
Specto AS	5.9%	72.1%	8 MNOK
Trikanten Tannmakeri AS	5.4%	−3.3%	8 MNOK
Tannlege Marit Langenes Danielsen AS	28.4%	5.3%	8 MNOK
Haugesund Medisinske Allmennleger AS	5.4%	40.4%	8 MNOK
Nemus Arendal AS	−0.7%	41.4%	8 MNOK
Kirsten Rokstad AS	57.1%	90.8%	8 MNOK
Baasland-Klinikken AS	32.4%	16.3%	8 MNOK
Drammen Hjertesenter AS	60.1%	2.1%	8 MNOK
Folkelig AS	10.8%	63.1%	8 MNOK
Østervågtannlegene AS	22.4%	28.2%	8 MNOK
Bambus Familieklinikk AS	6.9%	−20.9%	8 MNOK
Tannlege Angelus AS	14.6%	22.4%	8 MNOK
Raeder AS	55.7%	93.3%	8 MNOK
Torget Medisinske Senter AS	11.1%	64.1%	8 MNOK
SUNNHORDLAND ØNH - Senter AS	43.6%	68.1%	8 MNOK
Øre-Nese-Hals Sørvest AS	23.4%	6.8%	8 MNOK
Tannlege Magnus Dahl Eide AS	63.3%	83.2%	8 MNOK
Tannlege Svein-Ragnar Baggethun AS	−5.8%	63.5%	8 MNOK
Øyelege Olsborg AS	19.7%	80.0%	8 MNOK
Tarnstein AS	23.3%	77.6%	8 MNOK
Stavanger Plastikkirurgi AS	−8.2%	76.3%	8 MNOK
Øyelege LH Berger AS	33.3%	56.8%	8 MNOK
Øyelege Grønlie AS	38.1%	77.2%	8 MNOK
Hjertespesialist Lars Erik Gevelt AS	23.4%	35.9%	8 MNOK
Nemus Asker Sentrum AS	2.9%	−4.1%	7 MNOK
Gynekolog Tone Lunde AS	61.8%	82.4%	7 MNOK
Marits Fotterapi AS	−1.1%	36.0%	7 MNOK
Østfold Hudlegeklinikk AS	40.1%	12.1%	7 MNOK
Tau Tannlegesenter AS	5.7%	44.3%	7 MNOK
Dentalpark AS	−2.9%	67.4%	7 MNOK
PERIO - Klinikken AS	28.9%	45.0%	7 MNOK
Rettetenner AS	29.7%	59.8%	7 MNOK
Sentrum Legesenter Kristiansand AS	0.0%	2.0%	7 MNOK
Oslo Tannteknikk og Estetikk AS	−7.6%	−1.4%	7 MNOK
Tannlege Lise Bjerkerud AS	25.8%	80.8%	7 MNOK
Vestby Tannregulering AS	16.7%	−37.0%	7 MNOK
Tannlegene Tafjord AS	20.7%	48.2%	7 MNOK
Tannlege Lien Nguyen AS	33.2%	92.7%	7 MNOK
Gps Helse AS	11.4%	65.5%	7 MNOK
Årvoll Tannhelse AS	14.9%	73.6%	7 MNOK
Kolbotn Hudlegesenter AS	49.7%	0.7%	7 MNOK
Ringebu Tannlegesenter AS	20.0%	72.0%	7 MNOK
Tannlege Niels Krøll AS	5.2%	10.2%	7 MNOK
Drammen Hudlegesenter AS	49.8%	2.1%	7 MNOK
Tannlege Magdalena Pydo AS	12.9%	74.7%	7 MNOK
Finneidfjord Tannklinikk AS	23.5%	51.2%	7 MNOK
Snøfnugg AS	6.3%	56.7%	7 MNOK
Bjørnefjorden Hjertesenter AS	46.1%	11.0%	7 MNOK
Hareid Legesenter AS	0.0%	6.4%	7 MNOK
Gjettum Tannklinikk AS	12.2%	37.6%	7 MNOK
Øyelege Kolkmeier AS	45.8%	86.5%	7 MNOK
Mage- Tarmklinikken AS	46.7%	56.2%	7 MNOK
Mosjøen Legesenter AS	1.3%	−25.2%	7 MNOK
Oasen Tannlege-Senter AS	15.0%	22.9%	7 MNOK
Andersen Kiropraktikk AS	−1.0%	41.9%	7 MNOK
Naprapatkontoret AS	2.1%	71.6%	7 MNOK
Bislett Øyelegesenter AS	6.4%	28.6%	7 MNOK
MK Medic AS	20.2%	52.3%	7 MNOK
Tannhelse Finnsnes AS	7.1%	51.5%	7 MNOK
Ålesund Lungeklinikk AS	11.0%	30.9%	7 MNOK
Jakvamme AS	33.2%	82.9%	7 MNOK
KV Majorstuen AS	4.1%	−63.8%	7 MNOK
Medisinsk Senter Fornebu AS	0.0%	26.0%	7 MNOK
Sørlandsparken Bht AS	−1.2%	58.6%	7 MNOK
Gynekolog Elin Ødegaard AS	55.6%	53.1%	7 MNOK
Presisjon AS	12.2%	51.8%	7 MNOK
Baransu AS	48.5%	0.3%	7 MNOK
Byparken Legesenter AS	3.2%	−86.7%	7 MNOK
Ortodontia AS	27.3%	88.3%	7 MNOK
Tillertorget Legesenter AS	4.9%	53.9%	7 MNOK
Parsennklinikken AS	3.6%	31.3%	7 MNOK
Porsgrunn Plastikkirurgi AS	8.8%	35.0%	7 MNOK
Symra Legesenter AS	4.7%	23.3%	7 MNOK
Nordnorsk Urologi AS	14.1%	51.0%	7 MNOK
Lofotleger AS	7.2%	26.8%	7 MNOK
Flavia Medisin AS	19.9%	1.6%	7 MNOK
Norwegian Medical Consulting AS	43.3%	48.5%	7 MNOK
Geir Siem AS	32.8%	29.8%	7 MNOK
Tannlege Emmerhoff AS	30.8%	79.5%	7 MNOK
Abc Tannklinikken AS	2.5%	60.4%	7 MNOK
Bjerkreim Legekontor AS	12.2%	2.2%	7 MNOK
Tannlegene Masdal AS	44.1%	83.8%	7 MNOK
Ringerike Øre Nese Hals AS	23.0%	71.3%	7 MNOK
Brotorvet Tannklinikk AS	18.7%	27.8%	7 MNOK
Agro Øre-Nese-Halsklinikk AS	2.7%	59.8%	7 MNOK
Byåsen Tannhelse AS	19.2%	0.9%	7 MNOK
Skjetten Legesenter AS	1.8%	−2.5%	7 MNOK
Østfold Logopedtjeneste AS	16.6%	39.0%	7 MNOK
Helsehuset Tananger AS	−6.8%	22.3%	7 MNOK
Bjørnemyr Legekontor AS	2.5%	87.2%	7 MNOK
Helgeland Hudlegekontor AS	51.6%	4.8%	7 MNOK
Omega Dental AS	36.3%	1.9%	7 MNOK
Kongsberg Øyeklinikk AS	62.4%	90.0%	7 MNOK
Løren Torg Tannlegesenter AS	34.6%	91.2%	7 MNOK
DR. Andrea Berz AS	56.9%	75.1%	7 MNOK
Karl Nordfalk AS	41.8%	9.0%	7 MNOK
Continuum Omsorg AS	0.7%	5.1%	7 MNOK
Imle AS	78.7%	1.0%	7 MNOK
Svan AS	59.9%	93.2%	7 MNOK
Konkoi AS	43.8%	95.3%	7 MNOK
Robrygga Øye AS	3.9%	18.2%	7 MNOK
San Førstehjelp AS	32.2%	41.8%	7 MNOK
Rune Flaa Invest AS	24.4%	47.8%	6 MNOK
Tos Asvo AS	−3.9%	89.9%	6 MNOK
TANNLEGE MARK B. Earl AS	19.9%	7.1%	6 MNOK
Nemus Horten Helseklinikk AS	12.3%	18.5%	6 MNOK
Blikk Øyeklinikk AS	0.0%	3.3%	6 MNOK
K5 Klinikken AS	23.2%	32.0%	6 MNOK
Steigen Vekst AS	8.6%	67.8%	6 MNOK
Naprapatene AS	2.1%	−17.5%	6 MNOK
Fredrikstad Øyelegekontor AS	43.5%	14.8%	6 MNOK
Anne Cecilie Hallquist AS	47.6%	84.6%	6 MNOK
Kolbotntannlegene AS	16.3%	57.9%	6 MNOK
Nordfjord Augelegesenter AS	41.9%	94.6%	6 MNOK
Bærum-Sandvika Tannlegevakt AS	27.7%	57.3%	6 MNOK
Vinderen Fysioterapi AS	8.3%	12.6%	6 MNOK
Smertespesialisten Oslo AS	10.7%	47.4%	6 MNOK
Larvik Tannhelse AS	1.2%	50.0%	6 MNOK
Zina Kristiansen Oralkirurgi AS	18.2%	7.3%	6 MNOK
Chiron Helse AS	33.0%	18.1%	6 MNOK
Tannlege Johannesen AS	37.6%	90.5%	6 MNOK
Porsgrunn Legesenter AS	−0.4%	66.9%	6 MNOK
See AS	49.6%	96.1%	6 MNOK
Medicard AS	40.7%	81.5%	6 MNOK
Primus AS	56.8%	0.5%	6 MNOK
KJ Tannhelse AS	17.4%	89.3%	6 MNOK
Medico Legesenter AS	−10.4%	59.3%	6 MNOK
Midtbyen Legesenter AS	0.7%	28.4%	6 MNOK
TANN-KLINIKKEN.NO AS	11.5%	60.6%	6 MNOK
Tannlege Sagli AS	5.8%	45.5%	6 MNOK
Ole Closs AS	28.8%	83.6%	6 MNOK
Hjørnetannlegene AS	1.5%	44.6%	6 MNOK
Bergen Revmatologisenter AS	51.1%	71.3%	6 MNOK
Tannlege Børge Klyve AS	33.3%	88.4%	6 MNOK
Legehuset AS	2.2%	26.1%	6 MNOK
Skansen Legekontor AS	−0.8%	−29.5%	6 MNOK
Luster Tannklinikk AS	12.2%	−26.0%	6 MNOK
Nye Spire Psykologtjeneste AS	26.3%	32.0%	6 MNOK
Tannlege Holmen AS	23.1%	87.8%	6 MNOK
DR. Zakout Hudklinikk AS	10.3%	44.2%	6 MNOK
Skeiane Legesenter AS	−1.4%	20.3%	6 MNOK
Tannlege Nilsen AS	19.9%	42.9%	6 MNOK
Hudlege Danielsen AS	49.3%	68.3%	6 MNOK
Personlig Omsorg AS	−1.4%	38.5%	6 MNOK
Trøndelag Omsorgssenter AS	−2.2%	5.7%	6 MNOK
Per Bjørn Stordahl AS	45.8%	32.1%	6 MNOK
Kjøhl Nodeland Dental AS	23.8%	60.6%	6 MNOK
Kvernaland Tannlege-Senter AS	15.6%	8.2%	6 MNOK
Bergen Hudlegesenter AS	53.0%	74.4%	6 MNOK
Tannlegene Stensby og Tran AS	31.9%	71.9%	6 MNOK
HMS Analyse AS	11.0%	24.0%	6 MNOK
Orhagen Plastikkirurgi AS	37.4%	62.6%	6 MNOK
Vossevangen Legesenter AS	4.4%	−15.9%	6 MNOK
Vestkanttorget Legekontor AS	37.9%	1.9%	6 MNOK
Heiane Legesenter AS	6.5%	37.9%	6 MNOK
Jæren Legesenter AS	0.1%	24.3%	6 MNOK
Østfold Plastikkirurgi AS	17.7%	2.6%	6 MNOK
Tannlege Gunn Tove Jensen AS	46.0%	12.9%	6 MNOK
Øyvind Osnes-Ringen AS	36.7%	58.7%	6 MNOK
Pyramiden Tannlegekontor AS	29.4%	3.8%	6 MNOK
Friskus Frisklivsenter AS	0.0%	43.5%	6 MNOK
SØLVE - LÆRING, Pluss AS	0.4%	35.8%	6 MNOK
Gyn Meb AS	2.5%	−131.0%	6 MNOK
Kåfjord Vekst AS	7.3%	92.2%	6 MNOK
TANNLEGE JON EGIL T. Fiane AS	33.1%	34.2%	6 MNOK
Solberg Legehus AS	0.0%	43.0%	6 MNOK
Tannlege Kathrine Ekanger AS	60.0%	96.1%	6 MNOK
Mykre AS	2.3%	71.6%	6 MNOK
Innherred Øyeklinikk AS	57.2%	90.4%	6 MNOK
Eminent Kirurgi AS	5.6%	48.4%	6 MNOK
Alvaron AS	31.7%	1.8%	6 MNOK
Hudlege Frode Kristiansen AS	71.4%	84.6%	6 MNOK
Nicoles AS	−3.8%	65.2%	6 MNOK
Nils Høva AS	49.3%	72.7%	6 MNOK
Smestadgynekologene AS	3.2%	62.4%	6 MNOK
Undo AS	22.9%	80.7%	6 MNOK
Tenners Venner AS	8.9%	22.5%	6 MNOK
Atticus AS	19.0%	44.6%	6 MNOK
Bodin Legekontor AS	−5.7%	51.3%	6 MNOK
DR. Bøgesvang AS	15.2%	42.8%	6 MNOK
Eidskog Tannlegesenter AS	59.6%	51.9%	6 MNOK
Tannlegespesialistene Bergman AS	0.2%	8.7%	6 MNOK
Novadent AS	15.4%	119.9%	6 MNOK
Tannlege Stokke AS	26.9%	5.9%	6 MNOK
Klinikk77 AS	0.5%	40.7%	6 MNOK
Holmed AS	9.0%	5.9%	6 MNOK
Move Kiropraktikk AS	−2.1%	37.3%	6 MNOK
Tannlege Bent Dramdal AS	8.3%	60.0%	6 MNOK
Agder Øre-Nese-Hals AS	15.6%	48.1%	6 MNOK
Tannlege Anja Holthe AS	−2.4%	11.1%	6 MNOK
Kognito AS	−6.0%	43.4%	6 MNOK
Tannlege Marie Fjærtoft Heir AS	22.0%	70.1%	6 MNOK
Ammeklinikken AS	−2.5%	34.1%	6 MNOK
Elisabeth Aurstad Riksen AS	−3.9%	−3.5%	6 MNOK
Tannlege Kristina Heskje AS	33.5%	43.9%	6 MNOK
Tannlege Haakon Andersen AS	43.6%	50.9%	6 MNOK
Irislegene AS	0.0%	−1.7%	6 MNOK
TANNLEGE HOPEN & CO AS	26.4%	81.5%	6 MNOK
Vestsiden Gynekolog Praksis AS	22.5%	70.6%	6 MNOK
Helsetorget Legesenter AS	−0.1%	1.9%	6 MNOK
Tannlege Nina Landquist AS	40.5%	68.5%	6 MNOK
Invivo Medisinske Senter AS	−0.1%	26.1%	6 MNOK
Sandefjord Tannregulering AS	2.4%	34.4%	6 MNOK
Lindeberg Legesenter AS	7.4%	33.1%	6 MNOK
AF Medical Invest AS	41.1%	29.7%	6 MNOK
Nemus Medical Skøyen AS	3.2%	13.1%	6 MNOK
Eraze AS	11.3%	8.8%	6 MNOK
Bogerud Legesenter AS	−0.2%	39.1%	6 MNOK
Tannlege Katrin Årsland AS	25.6%	86.7%	6 MNOK
Romerike Hjertesenter AS	0.8%	4.2%	6 MNOK
Nemus Nøtterøy Helseklinikk AS	13.7%	46.3%	6 MNOK
Nelson Enterprise AS	37.6%	88.9%	6 MNOK
Kirkenes Fysikalske Institutt AS	−0.7%	5.3%	6 MNOK
Nydalen Barnelegesenter AS	52.0%	55.6%	6 MNOK
Opptur Helse Nordstrand AS	0.6%	2.5%	6 MNOK
Lørenskog Øyeklinikk AS	0.0%	27.1%	6 MNOK
Tanntorget AS	5.4%	74.4%	6 MNOK
Nitelva Helsesenter AS	0.4%	−85.0%	6 MNOK
Landås Legesenter AS	0.6%	32.6%	6 MNOK
Stadionklinikken AS	1.1%	33.4%	6 MNOK
Sense Psykologi og Konsulenttjenester AS	16.2%	47.7%	6 MNOK
Heimdal Legedrift AS	4.9%	49.5%	6 MNOK
Sanne AS	−6.9%	23.5%	6 MNOK
Eidemacpherson AS	27.8%	85.0%	6 MNOK
Bellevue Helsesenter AS	−2.3%	−86.1%	6 MNOK
Kvinnelegen i Hedmark AS	69.2%	78.4%	6 MNOK
Berikon AS	47.9%	84.3%	6 MNOK
DR Blystad AS	48.5%	48.2%	6 MNOK
Newstep AS	5.2%	21.7%	6 MNOK
House of Health AS	30.0%	3.0%	6 MNOK
Sandvika Spesialistsenter AS	3.1%	33.7%	6 MNOK
B Gagnum AS	21.9%	68.3%	5 MNOK
Nesttun Spesialistpraksis AS	16.1%	81.8%	5 MNOK
Chikara AS	52.8%	96.8%	5 MNOK
Dish AS	28.6%	97.3%	5 MNOK
ST. Olav Legegruppe AS	13.0%	5.7%	5 MNOK
Drammens Gynekologen AS	23.5%	42.7%	5 MNOK
Pulmihavet AS	−2.2%	55.9%	5 MNOK
SENTRUM LEGESENTER KR.Sund AS	−0.1%	−0.5%	5 MNOK
Tannlege Heen AS	47.3%	1.0%	5 MNOK
Kiropraktorsenteret i Volda AS	−5.2%	−235.1%	5 MNOK
Smestadbarnelegene AS	0.1%	29.2%	5 MNOK
Øyelege Pia Wadel-Andersen AS	26.3%	25.4%	5 MNOK
Le Skin AS	−0.6%	32.5%	5 MNOK
Hudlege Stenersen AS	38.5%	95.0%	5 MNOK
I Care AS	37.3%	74.7%	5 MNOK
Tverlandet Legesenter AS	4.5%	38.4%	5 MNOK
Aurora Polaris AS	43.7%	8.7%	5 MNOK
Komplett HMS Drift AS	15.7%	28.1%	5 MNOK
First Molar AS	57.5%	90.8%	5 MNOK
Jærtannlegene AS	18.0%	44.6%	5 MNOK
Langevåg Tannklinikk AS	1.7%	38.3%	5 MNOK
Tannlegene på Fornebu AS	1.1%	−18.5%	5 MNOK
Vågen Tannlegesenter AS	9.7%	15.3%	5 MNOK
Pandher Singh AS	57.4%	91.1%	5 MNOK
Tannlege Mattias Sterner AS	19.9%	38.8%	5 MNOK
TNT Kiropraktikk og Rehabilitering AS	−1.1%	−136.4%	5 MNOK
Olav Stadheim AS	51.7%	3.3%	5 MNOK
DR Østhus AS	42.2%	87.9%	5 MNOK
Legegruppen Manglerud AS	0.0%	−20.7%	5 MNOK
Stekke Legesenter AS	6.1%	11.5%	5 MNOK
Lambertseter Legesenter AS	1.5%	36.6%	5 MNOK
Fredensborgklinikken AS	0.1%	2.3%	5 MNOK
Behandlerverket Kolbotn AS	0.2%	53.6%	5 MNOK
Øyelege Bjarghov AS	36.9%	86.5%	5 MNOK
Gleditschgården Legesenter AS	−0.1%	27.2%	5 MNOK
Studio Fysio AS	14.6%	1.5%	5 MNOK
Romerike Spesialistklinikk Lege og Tannlege AS	−0.7%	1.0%	5 MNOK
Psykolog JP Gisselgård AS	89.9%	86.9%	5 MNOK
Maxima Helse AS	3.1%	20.4%	5 MNOK
Mjøndalen Kiropraktorklinikk AS	−1.6%	8.9%	5 MNOK
Tannlege Øystein Rossemyr AS	34.1%	19.1%	5 MNOK
Nordlyslegene AS	5.7%	50.6%	5 MNOK
Telemark Vaksinasjonssenter AS	7.3%	−7.4%	5 MNOK
ØYELEGE A. Wisthus AS	42.5%	76.2%	5 MNOK
Lege Morten Bastøe AS	33.2%	55.6%	5 MNOK
Folk og FE AS	−0.4%	2.6%	5 MNOK
Innstranda Legesenter AS	0.1%	3.8%	5 MNOK
Vinterbro Tannlegesenter AS	−1.1%	75.0%	5 MNOK
Smertespesialistene Colosseum AS	−17.1%	1.7%	5 MNOK
Skarnes Tannhelsesenter AS	10.6%	17.2%	5 MNOK
Sammen for Livet AS	−8.8%	31.9%	5 MNOK
Tannlege Kjersti Abrahamsen AS	30.9%	66.5%	5 MNOK
Kjeveklinikken AS	56.4%	91.5%	5 MNOK
Anita Wiig AS	26.7%	53.2%	5 MNOK
Øyelegesenter Levanger AS	0.0%	−7.0%	5 MNOK
Privattannlegen AS	11.4%	33.3%	5 MNOK
Hygeia Helse og Kosmetiske Senter AS	1.2%	−6.1%	5 MNOK
Vågsgata Legesenter AS	1.8%	−1.3%	5 MNOK
Nevropsykolog Erlend Brovold AS	31.7%	50.2%	5 MNOK
Tannregulering Flotte 28 AS	40.9%	85.2%	5 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%	29.3%
2023	7.3%	42.1%
2024	6.9%	43.7%
2025	6.2%	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%	7.3%	6.9%	6.2%	−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%	7.3%	6.9%	6.2%	−10.4%

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

When policy rate fell in 2025, 947 of 1,996 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