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FollowDownload sector report (PDF)782 companies ranked against comparable companies in four Morning company classes. Fiscal year 2023. Source: Brønnøysund Register Centre. Methodology
Ranking · 2023 · Morning class Medium
| # | Company | Score | Change |
|---|---|---|---|
| 1 | Calian Europe AS | 98 | – |
| 2 | Kristelig Gymnasium AS | 86 | – |
| 3 | Moelv Videregående Skole AS | 82 | – |
| 4 | Val Skoler AS | 81 | – |
| 5 | Wang Hamar AS | 80 | – |
| 6 | Oslo Nye Høyskole AS | 71 | – |
| 7 | Tryggheim Skular AS | 59 | – |
| 8 | Lingu AS | 56 | – |
| 9 | Wang Toppidrett Oslo AS | 55 | – |
| 10 | Maersk Training AS | 54 | – |
| 11 | Ifront Karriere AS | 53 | – |
| 12 | Krokeide Videregående Skole AS | 52 | – |
| 13 | Læringsverkstedet Gruppen AS | 51 | – |
| 14 | Nla Høgskolen AS | 50 | – |
| 15 | Universitetssenteret på Svalbard AS | 46 | – |
| 16 | Metis Bergen Private Gymnas AS | 40 | – |
| 17 | Podium AS | 39 | – |
| 18 | Fagskolen Kristiania AS | 39 | – |
| 19 | Espira Ulsetskogen AS | 38 | – |
| 20 | Lovisenberg Diakonale Høgskole AS | 38 | – |
| 21 | Nhc Services AS | 37 | – |
| 22 | Wright Trafikkskole AS | 36 | – |
| 23 | Signo Grunn- og Videregående Skole AS | 34 | – |
| 24 | Joblearn AS | 31 | – |
| 25 | Wang Romerike AS | 29 | – |
| 26 | Fretex Pluss AS | 26 | – |
| 27 | RS Sjøredningsskolen AS | 16 | – |
| 28 | Sonans Privatgymnas AS | 16 | – |
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
Climbers and fallers need at least two fiscal years with a score. Coming when next year's figures are fetched.
Top lists in the sector · 2023 · Morning class Medium
The five largest companies account for 36% of the sector's revenue. Combined profit before tax for the 28 ranked companies: 129 MNOK.
Highest revenue
- Nla Høgskolen AS 397 MNOK
- Wright Trafikkskole AS 342 MNOK
- Val Skoler AS 282 MNOK
- Oslo Nye Høyskole AS 216 MNOK
- Universitetssenteret på Svalbard AS 214 MNOK
Operating revenue.
Highest operating margin
- Oslo Nye Høyskole AS 25.8%
- Calian Europe AS 14.2%
- Moelv Videregående Skole AS 8.4%
- Læringsverkstedet Gruppen AS 7.7%
- Val Skoler AS 6.7%
Operating result divided by operating revenue.
Largest profit
- Oslo Nye Høyskole AS 61 MNOK
- Wright Trafikkskole AS 24 MNOK
- Val Skoler AS 22 MNOK
- Læringsverkstedet Gruppen AS 17 MNOK
- Calian Europe AS 10 MNOK
Profit before tax.
Largest loss
- Lovisenberg Diakonale Høgskole AS −9 MNOK
- Universitetssenteret på Svalbard AS −9 MNOK
- RS Sjøredningsskolen AS −8 MNOK
- Sonans Privatgymnas AS −4 MNOK
- Nla Høgskolen AS −3 MNOK
Profit before tax, the largest negative.
Most solid
- Kristelig Gymnasium AS 79.2%
- Calian Europe AS 72.7%
- Wang Toppidrett Oslo AS 71.8%
- Tryggheim Skular AS 70.4%
- Wang Hamar AS 69.7%
Equity ratio: equity divided by total assets.
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
No company meets the requirement this year.
Revenue decline from the year before, only from at least NOK 10 million in revenue.
Biggest climbers
Requires an index for two financial years.
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.
Most employees
- Ifront Karriere AS 359
- Nla Høgskolen AS 343
- Wright Trafikkskole AS 268
- Fagskolen Kristiania AS 231
- Oslo Nye Høyskole AS 217
Employees according to the Central Coordinating Register.
Highest revenue per employee
- Calian Europe AS 3.8 MNOK
- Læringsverkstedet Gruppen AS 3.3 MNOK
- Sonans Privatgymnas AS 2.0 MNOK
- Val Skoler AS 1.9 MNOK
- Joblearn AS 1.4 MNOK
Only companies with at least 5 employees.
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 · 2023 · 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.
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 |
|---|---|---|---|
| Calian Europe AS | Lion | 98 | 96 |
| Oslo Nye Høyskole AS | Lion | 96 | 77 |
| Moelv Videregående Skole AS | Lion | 94 | 70 |
| Læringsverkstedet Gruppen AS | Cheetah | 85 | 25 |
| Espira Ulsetskogen AS | Cheetah | 81 | 6 |
| Maersk Training AS | Cheetah | 80 | 40 |
| Val Skoler AS | Lion | 78 | 81 |
| Wright Trafikkskole AS | Cheetah | 76 | 13 |
| Podium AS | Cheetah | 72 | 9 |
| Wang Hamar AS | Lion | 67 | 85 |
| Kristelig Gymnasium AS | Lion | 61 | 100 |
| Nhc Services AS | Cheetah | 56 | 36 |
| Signo Grunn- og Videregående Skole AS | Cheetah | 56 | 32 |
| Lingu AS | Lion | 54 | 55 |
| Krokeide Videregående Skole AS | Lion | 52 | 58 |
| Ifront Karriere AS | Elephant | 44 | 51 |
| Tryggheim Skular AS | Elephant | 43 | 89 |
| Joblearn AS | Beaver | 39 | 28 |
| Sonans Privatgymnas AS | Beaver | 33 | 2 |
| Fretex Pluss AS | Beaver | 31 | 17 |
| Wang Romerike AS | Beaver | 26 | 21 |
| Fagskolen Kristiania AS | Beaver | 22 | 43 |
| Wang Toppidrett Oslo AS | Elephant | 17 | 92 |
| Nla Høgskolen AS | Elephant | 17 | 62 |
| Universitetssenteret på Svalbard AS | Elephant | 9 | 66 |
| Metis Bergen Private Gymnas AS | Beaver | 7 | 47 |
| Lovisenberg Diakonale Høgskole AS | Elephant | 6 | 74 |
| RS Sjøredningsskolen AS | Beaver | 0 | 0 |
Summary · fiscal year 2023 · Morning class Medium
The sector's median operating margin is 2.2%. 1 of 28 companies have negative equity. The median equity ratio is 35.2%.
All figures are for fiscal year 2023. Ranked: 28 operating companies. Holding companies, excluded companies and companies without enough data are shown but not ranked. How to read the index
- Growth is not included in the index: it needs the previous year's accounts.
Climbers and fallers · Morning class Medium
Climbers need at least two fiscal years. They appear once next year's accounts are fetched or history is imported.
Awards · 2023 · Morning class Medium
Needs attention · 2023 · Morning class Medium
17 companies show at least one warning sign. Showing the 15 most important.
- criticalRS Sjøredningsskolen ASNegative equity · Loss before tax
- watchSonans Privatgymnas ASVery low equity ratio (1.0%) · Current ratio below 1 (0.54) · Loss before tax
- watchWang Toppidrett Oslo ASCurrent ratio below 1 (0.94) · Loss before tax
- watchPodium ASVery low equity ratio (8.1%) · Current ratio below 1 (0.87)
- watchEspira Ulsetskogen ASVery low equity ratio (2.8%) · Current ratio below 1 (0.93)
- watchNla Høgskolen ASLoss before tax
- watchWright Trafikkskole ASCurrent ratio below 1 (0.36)
- watchOslo Nye Høyskole ASCurrent ratio below 1 (0.71)
- watchUniversitetssenteret på Svalbard ASLoss before tax
- watchFagskolen Kristiania ASLoss before tax
- watchLovisenberg Diakonale Høgskole ASLoss before tax
- watchTryggheim Skular ASCurrent ratio below 1 (0.75)
- watchKrokeide Videregående Skole ASLoss before tax
- watchWang Romerike ASLoss before tax
- watchMetis Bergen Private Gymnas ASLoss before tax
Sector map · 2023 · 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
Scenario analysis: the sector's weakest year
The sector's weakest year was 2021, with a median operating margin of −5.7%.
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 |
|---|---|---|
| 2019 | – | – |
| 2020 | – | – |
| 2021 · weakest year | −5.7% | 0.8% |
| 2022 | −3.4% | −20.8% |
| 2023 | 3.4% | 29.5% |
| 2024 | 2.8% | 29.8% |
| 2025 | 3.9% | 31.0% |
In 2021, 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))
Consumer price index rose 3.0% in 2025; the sector's median operating margin rose 1.0 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 | −5.7% | −3.4% | 3.4% | 2.8% | 3.9% | – |
Source: SSB (14710, CC BY 4.0). Source · fetched 1 November 2026
Policy rate (prosent)
Policy rate fell 0.20 percentage points in 2025; the sector's median operating margin rose 1.0 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Policy rate, annual average | 0.08 | 1.32 | 3.54 | 4.50 | 4.30 | 4.14 (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 | −0.16 percentage points |
| Sector's median operating margin | −5.7% | −3.4% | 3.4% | 2.8% | 3.9% | – |
Source: Norges Bank (IR, NLOD 2.0). Source · fetched 1 November 2026
When policy rate fell in 2025, 426 of 773 ranked companies kept their operating margin at or above the year before. Among the largest: Vid Vitenskapelige Høgskole AS (−1.0% → 1.0%), Wright Trafikkskole AS (3.5% → 4.1%), Oslo Nye Høyskole AS (22.8% → 24.6%), Ifront Karriere AS (2.8% → 4.0%), Læringsverkstedet Gruppen AS (6.1% → 12.1%).
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
- 19,430
- +1.8% from 2023
- Persons employed
- 33,818
- +0.3% from 2023
- Turnover
- NOK 38.2 bn
- +5.2% from 2023
- Gross operating margin
- 12.8%
- 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
35 enterprise bankruptcies in the last four quarters (2025K4–2026K3). Change 0.0% against the four quarters before (35). That is about 1.8 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
- Arlo Maritime AS 994312367 Voluntary liquidation · 31 October 2026
- Nina Lægreid AS 936428002 Voluntary liquidation · 31 October 2026
- Socia AS 937843712 Voluntary liquidation · 31 October 2026
- Spornes Gårdsbarnehage AS 995003066 Voluntary liquidation · 31 October 2026
- VM Coaching AS 935908914 Voluntary liquidation · 31 October 2026
- Wensaone AS 934080688 Voluntary liquidation · 31 October 2026
- AD Faktotum AS 926717294 Voluntary liquidation · 30 October 2026 · 0 MNOK (2025)
- Amygdala Coaching og Veiledning AS 925902101 Voluntary liquidation · 30 October 2026 · 0 MNOK (2025)
Industry codes (NACE)
| Code | Description |
|---|---|
| 85* | Hele hovedgruppe 85 |
| 85.100 | Førskoleundervisning og drift av barnehager |
| 85.201 | Ordinær grunnskoleundervisning |
| 85.202 | Spesialskoleundervisning på grunnskolenivå |
| 85.310 | Videregående opplæring innenfor studieforberedende utdanningsprogram |
| 85.320 | Videregående opplæring innenfor yrkesfaglige utdanningsprogram |
| 85.330 | Undervisning innenfor kort høyere yrkesfaglig utdanning |
| 85.401 | Undervisning ved universiteter |
| 85.402 | Undervisning ved vitenskapelige høgskoler |
| 85.403 | Undervisning ved andre høgskoler |
| 85.404 | Undervisning innenfor lang høyere yrkesfaglig utdanning |
| 85.510 | Undervisning innenfor idrett og rekreasjon |
| 85.521 | Kulturskoleundervisning til barn og unge |
| 85.529 | Annen undervisning innenfor kultur |
| 85.531 | Undervisning ved godkjente trafikkskoler |
| 85.532 | Annen trafikkskoleundervisning |
| 85.591 | Undervisning ved folkehøgskoler |
| 85.592 | Undervisning i form av arbeidsmarkedskurs/arbeidsrettede kurs |
| 85.593 | Undervisning ved voksenopplæringssentre, aktiviteter i studieforbund og undervisning i form av frivillige organisasjoners kurs |
| 85.594 | Privatundervisning |
| 85.595 | Undervisning innenfor religion |
| 85.596 | Aktiviteter utført ved leirskoler |
| 85.597 | Annen undervisning ellers |
| 85.610 | Formidlingstjenester tilknyttet kurs og veiledere |
| 85.691 | Pedagogisk-psykologisk rådgivningstjeneste |
| 85.699 | Andre tjenester tilknyttet undervisning ikke nevnt annet sted |