Revisjon, regnskap og rådgivning
FollowDownload sector report (PDF)3 companies ranked against comparable companies in four Morning company classes. Fiscal year 2026. Source: Brønnøysund Register Centre. Methodology
Ranking · 2026 · Morning class Medium
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 | Zacco Norway AS | 70 | +2 |
| 2 | Analysys Mason AS | 22 | −11 |
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
- Analysys Mason AS−11
From 2025 to 2026: went from a loss to a profit before tax and the operating margin rose from −10.7% to 5.4%.
- Zacco Norway AS+2
From 2025 to 2026: the operating margin rose from 15.4% to 22.9% and the equity ratio fell from 82.5% to 64.9%.
Top lists in the sector · 2026 · Morning class Medium
Combined profit before tax for the 2 ranked companies: 30 MNOK.
Size
The largest by revenue and employees, and who earns the most per employee.
Highest revenue
- Zacco Norway AS 108 MNOK
- Analysys Mason AS 56 MNOK
Operating revenue.
Most employees
Employees according to the Central Coordinating Register.
Highest revenue per employee
- Zacco Norway AS 2.8 MNOK
- Analysys Mason AS 2.7 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
- Zacco Norway AS 22.9%
- Analysys Mason AS 5.4%
Operating result divided by operating revenue.
Largest profit
- Zacco Norway AS 26 MNOK
- Analysys Mason AS 4 MNOK
Profit before tax.
Largest loss
No company meets the requirement this year.
Profit before tax, the largest negative.
Most solid
- Zacco Norway AS 64.9%
- Analysys Mason AS 46.6%
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
- Zacco Norway AS +4.0%
Revenue growth from the year before, only from at least NOK 10 million in revenue.
Largest revenue decline
- Analysys Mason AS −0.4%
Revenue decline from the year before, only from at least NOK 10 million in revenue.
Biggest climbers
- Zacco Norway AS +2.0 points
Change in index points from the year before.
Biggest fallers
- Analysys Mason AS −10.3 points
Change in index points from the year before.
The lists cover ranked companies in the class: operating companies with at least NOK 1m in revenue, without holding companies and excluded ones. Size lists (revenue, profit, employees) count each group once. Source: Brønnøysund Register Centre. Amounts in other currencies are converted at Norges Bank's rates.
Positions in the sector · 2026 · 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.
Too few ranked companies to draw the map.
Summary · fiscal year 2026 · Morning class Medium
The sector's median operating margin is 14.1%. 0 of 2 companies have negative equity. The median equity ratio is 55.8%.
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 Medium
Change in rank from 2025 to 2026, for 2 companies ranked in both years.
Climbers
- 155Analysys Mason ASfrom rank 157 to 222
- 22Zacco Norway ASfrom rank 23 to 170
Fallers
None.
Awards · 2026 · Morning class Medium
Needs attention · 2026 · Morning class Medium
No company has negative equity, a loss or weak liquidity.
Sector map · 2026 · Morning class Medium
Too few ranked companies to draw the map.
In our articles
- Audit, accounting and consulting: profitability, risk and outlook
- Property and finance earn the margins, but not the securityNo. 6 of 22 on median operating margin
- Boards of water, mining and shipping firms are oldest; IT and construction youngestNo. 11 of 22 on median board age
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 | 21.8% | 31.4% |
| 2022 | 7.4% | 36.0% |
| 2023 | 9.7% | 36.4% |
| 2024 | 9.6% | 35.9% |
| 2025 | 9.7% | 35.9% |
| 2026 · weakest year | 5.4% | 64.9% |
In 2026, 2 ranked companies did better than the sector, 1 about the same and 0 weaker.
Held up best in 2026
- 1Zacco Norway ASequity ratio 64.9%22.9%
- 2Analysys Mason ASequity ratio 46.6%5.4%
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.
Turnover index: legal and accounting activities (indeks (2021 = 100))
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Turnover index: legal and accounting activities, annual average | – | – | – | – | – | – |
| Change from the year before | – | – | – | – | – | – |
| Sector's median operating margin | 21.8% | 7.4% | 9.7% | 9.6% | 9.7% | 5.4% |
Source: SSB (13863, CC BY 4.0). Source
Turnover index: management consultancy (indeks (2021 = 100))
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Turnover index: management consultancy, annual average | – | – | – | – | – | – |
| Change from the year before | – | – | – | – | – | – |
| Sector's median operating margin | 21.8% | 7.4% | 9.7% | 9.6% | 9.7% | 5.4% |
Source: SSB (13863, CC BY 4.0). Source
Consumer price index (indeks (2025 = 100))
Consumer price index rose 3.0% in 2025; the sector's median operating margin rose 0.1 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 | 21.8% | 7.4% | 9.7% | 9.6% | 9.7% | 5.4% |
Source: SSB (14710, CC BY 4.0). Source · fetched 4 November 2026
Policy rate (prosent)
Policy rate fell 0.20 percentage points in 2025; the sector's median operating margin rose 0.1 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 | 21.8% | 7.4% | 9.7% | 9.6% | 9.7% | 5.4% |
Source: Norges Bank (IR, NLOD 2.0). Source · fetched 4 November 2026
When policy rate fell in 2025, 1,048 of 2,030 ranked companies kept their operating margin at or above the year before. Among the largest: BDO AS (10.4% → 43.2%), Pricewaterhousecoopers AS (21.1% → 24.3%), ERNST & Young AS (1.8% → 2.3%), KPMG AS (13.4% → 13.9%), Wikborg Rein Advokatfirma AS (50.0% → 52.1%).
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
- 27,548
- +3.5% from 2023
- Persons employed
- 76,475
- +3.2% from 2023
- Turnover
- NOK 174.3 bn
- +6.4% from 2023
- Gross operating margin
- 4.9%
- Gross operating surplus divided by turnover
All enterprises, sole proprietorships included.
Bankruptcies in the industry
102 enterprise bankruptcies in the last four quarters (2025K4–2026K3). Change −2.9% against the four quarters before (105). That is about 3.7 per 1,000 enterprises.
Foreign-controlled enterprises · 2024
- Share of enterprises
- 2.6%
- Share of persons employed
- 19.6%
- Share of turnover
- 25.9%
SSB publishes this for groups of industries only. The figures are for the group “Faglig, vitenskapelig og teknisk tjenesteyting”.
Turnover index · Juridisk og regnskapsmessig tjenesteyting
155.7 index, 2021 = 100, seasonally adjusted · 2026M08
+13.2% 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
- Blackoro AS 911673967 Voluntary liquidation · 4 November 2026 · 0 MNOK (2025)
- Exendium AS 930475122 Voluntary liquidation · 4 November 2026
- Kleven Invest Drift AS 927089289 Voluntary liquidation · 4 November 2026
- Lokum AS 925536393 Voluntary liquidation · 4 November 2026
- Mhc Consult AS 927656906 Voluntary liquidation · 4 November 2026
- Sael Consulting AS 813886162 Voluntary liquidation · 4 November 2026
- Tech Direct AS 812550292 Voluntary liquidation · 4 November 2026 · 0 MNOK (2025)
- Techmar AS 925895016 Forced dissolution · 4 November 2026
Industry codes (NACE)
| Code | Description |
|---|---|
| 69* | Hele hovedgruppe 69 |
| 69.100 | Juridisk tjenesteyting |
| 69.201 | Revisjon |
| 69.202 | Regnskapsføring og bokføring |
| 69.203 | Skatterådgivning |
| 70* | Hele hovedgruppe 70 |
| 70.200 | Bedriftsrådgivning og annen administrativ rådgivning |