Kultur og fritid
FollowDownload sector report (PDF)4 companies ranked against comparable companies in four Morning company classes. Fiscal year 2026. Source: Brønnøysund Register Centre. Methodology
Ranking · 2026 · Morning class Small
Too few companies in this class (2, at least 10 needed) for a ranking of its own. They are compared with the whole sector.
| # | Company | Score | Change |
|---|---|---|---|
| 1 | Nye Bjorli Skisenter AS | 72 | – |
| 2 | Norsk Tivolidrift AS | 61 | +14 |
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 Small
- Norsk Tivolidrift AS+14
From 2025 to 2026: the equity ratio fell from 18.3% to 12.4%.
Top lists in the sector · 2026 · Morning class Small
Combined profit before tax for the 2 ranked companies: 3 MNOK.
Size
The largest by revenue and employees, and who earns the most per employee.
Highest revenue
- Norsk Tivolidrift AS 21 MNOK
- Nye Bjorli Skisenter AS 19 MNOK
Operating revenue.
Most employees
Employees according to the Central Coordinating Register.
Highest revenue per employee
- Norsk Tivolidrift AS 0.9 MNOK
- Nye Bjorli Skisenter AS 0.7 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
- Nye Bjorli Skisenter AS 9.4%
- Norsk Tivolidrift AS 3.3%
Operating result divided by operating revenue.
Largest profit
- Nye Bjorli Skisenter AS 3 MNOK
- Norsk Tivolidrift AS 0 MNOK
Profit before tax.
Largest loss
No company meets the requirement this year.
Profit before tax, the largest negative.
Most solid
- Norsk Tivolidrift AS 12.4%
- Nye Bjorli Skisenter AS 9.8%
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
- Norsk Tivolidrift AS +3.1%
Revenue growth from the year before, only from at least NOK 10 million in revenue.
Largest revenue decline
No company meets the requirement this year.
Revenue decline from the year before, only from at least NOK 10 million in revenue.
Biggest climbers
- Norsk Tivolidrift AS +13.5 points
Change in index points from the year before.
Biggest fallers
Requires an index for two financial years.
Change in index points from the year before.
The lists cover ranked companies in the class: operating companies with at least NOK 1m in revenue, without holding companies and excluded ones. Size lists (revenue, profit, employees) count each group once. Source: Brønnøysund Register Centre. Amounts in other currencies are converted at Norges Bank's rates.
Positions in the sector · 2026 · Morning class Small
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.
Too few ranked companies to draw the map.
Summary · fiscal year 2026 · Morning class Small
The sector's median operating margin is 6.4%. 0 of 2 companies have negative equity. The median equity ratio is 11.1%.
All figures are for fiscal year 2026. Ranked: 2 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 Small
Change in rank from 2025 to 2026, for 1 companies ranked in both years.
Climbers
- 143Norsk Tivolidrift ASfrom rank 145 to 261
Fallers
None.
Awards · 2026 · Morning class Small
Needs attention · 2026 · Morning class Small
1 companies show at least one warning sign. Showing the 1 most important.
- watchNye Bjorli Skisenter ASVery low equity ratio (9.8%)
Sector map · 2026 · Morning class Small
Too few ranked companies to draw the map.
In our articles
- Finance earns 58.3% on operations; the typical Norwegian industry makes 5.7%No. 14 of 22 on median operating margin
Scenario analysis: the sector's weakest year
The sector's weakest year was 2026, with a median operating margin of −5.4%.
Based on the 7 fiscal years we have. The analysis grows as more years are fetched or imported.
| Fiscal year | Median operating margin | Median equity ratio |
|---|---|---|
| 2020 | – | – |
| 2021 | – | – |
| 2022 | 11.5% | 40.4% |
| 2023 | 3.6% | 31.3% |
| 2024 | 3.8% | 32.0% |
| 2025 | 4.7% | 33.0% |
| 2026 · weakest year | −5.4% | 11.1% |
In 2026, 2 ranked companies did better than the sector, 0 about the same and 2 weaker.
Held up best in 2026
- 1Nye Bjorli Skisenter ASequity ratio 9.8%9.4%
- 2Norsk Tivolidrift ASequity ratio 12.4%3.3%
Better than the sector: operating margin at or above the sector median and no loss or negative equity. Weaker: operating margin below the median and a loss or negative equity. Otherwise about the same as the sector. Methodology
Drivers in the sector
Interest rates, prices and exchange rates that shape the sector's year, next to the sector's median operating margin. The drivers are context and are not part of the index.
Consumer price index (indeks (2025 = 100))
Consumer price index rose 3.0% in 2025; the sector's median operating margin rose 0.9 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Consumer price index, annual average | 84.3 | 89.2 | 94.1 | 97.0 | 100.0 | 102.9 (so far) |
| Change from the year before | +3.5% | +5.8% | +5.5% | +3.2% | +3.0% | +2.9% |
| Sector's median operating margin | – | 11.5% | 3.6% | 3.8% | 4.7% | −5.4% |
Source: SSB (14710, CC BY 4.0). Source · fetched 3 November 2026
Policy rate (prosent)
Policy rate fell 0.20 percentage points in 2025; the sector's median operating margin rose 0.9 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Policy rate, annual average | 0.08 | 1.32 | 3.54 | 4.50 | 4.30 | 4.17 (so far) |
| Change from the year before | −0.28 percentage points | +1.24 percentage points | +2.22 percentage points | +0.96 percentage points | −0.20 percentage points | −0.12 percentage points |
| Sector's median operating margin | – | 11.5% | 3.6% | 3.8% | 4.7% | −5.4% |
Source: Norges Bank (IR, NLOD 2.0). Source · fetched 3 November 2026
When policy rate fell in 2025, 502 of 946 ranked companies kept their operating margin at or above the year before. Among the largest: Sats Norway AS (20.8% → 23.3%), Sporty Norge AS (14.3% → 24.0%), Kristiansand Dyrepark AS (13.5% → 15.5%), Mova AS (3.8% → 9.5%), O Kristoffersen Bingodrift AS (2.9% → 4.2%).
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
- 40,440
- +1.0% from 2023
- Persons employed
- 36,372
- +0.9% from 2023
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
55 enterprise bankruptcies in the last four quarters (2025K4–2026K3). Change −27.6% against the four quarters before (76). 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
- Bare Kjuus AS 922693005 Voluntary liquidation · 2 November 2026
- Anticoach AS 923413812 Voluntary liquidation · 31 October 2026 · 0 MNOK (2025)
- Bergtattfestivalen AS 923887318 Forced dissolution · 31 October 2026 · 7 MNOK (2025)
- Dream Factory Nordic AS 838998852 Voluntary liquidation · 31 October 2026 · 0 MNOK (2025)
- Fuglum AS 917995028 Voluntary liquidation · 31 October 2026 · 0 MNOK (2025)
- Gudmoren AS 936064175 Voluntary liquidation · 31 October 2026
- Løpeglede AS 921833407 Voluntary liquidation · 31 October 2026 · 0 MNOK (2025)
- Løpeglede Holding AS 931708791 Voluntary liquidation · 31 October 2026 · 0 MNOK (2025)
Industry codes (NACE)
| Code | Description |
|---|---|
| 90* | Hele hovedgruppe 90 |
| 90.111 | Skapende kunstnerisk virksomhet innenfor litteratur |
| 90.112 | Skapende kunstnerisk virksomhet innenfor komposisjon av musikk |
| 90.120 | Skapende kunstnerisk virksomhet innenfor visuell kunst |
| 90.130 | Annen kunstnerisk virksomhet |
| 90.201 | Utøvende kunstnerisk virksomhet og underholdningsvirksomhet innenfor musikk |
| 90.202 | Utøvende kunstnerisk virksomhet og underholdningsvirksomhet innenfor scenekunst |
| 90.209 | Annen utøvende kunstnerisk virksomhet og underholdningsvirksomhet ikke nevnt annet sted |
| 90.310 | Drift av lokaler tilknyttet kunstnerisk virksomhet og underholdningsvirksomhet |
| 90.390 | Andre tjenester tilknyttet kunstnerisk virksomhet og underholdningsvirksomhet |
| 91* | Hele hovedgruppe 91 |
| 91.111 | Drift av folkebiblioteker |
| 91.120 | Drift av arkiver |
| 91.211 | Drift av kunst- og kunstindustrimuseer |
| 91.212 | Drift av kulturhistoriske museer |
| 91.213 | Drift av naturhistoriske, teknologiske og vitenskapshistoriske museer |
| 91.220 | Drift av historiske steder og monumenter |
| 91.300 | Konservering, restaurering og andre tjenester tilknyttet kulturarv |
| 91.410 | Drift av botaniske og zoologiske hager |
| 92* | Hele hovedgruppe 92 |
| 92.000 | Lotteri- og gamblingvirksomhet |
| 93* | Hele hovedgruppe 93 |
| 93.110 | Drift av idrettsanlegg |
| 93.120 | Aktiviteter i idrettslag og -klubber |
| 93.130 | Treningssentervirksomhet |
| 93.190 | Sportsaktiviteter ikke nevnt annet sted |
| 93.210 | Drift av fornøyelses- og temaparker |
| 93.291 | Opplevelsesaktiviteter |
| 93.292 | Fritidsvirksomhet ellers |