Undervisning
FollowDownload sector report (PDF)783 companies ranked against comparable companies in four Morning company classes. Fiscal year 2025. Source: Brønnøysund Register Centre. Methodology
Ranking · 2025 · Morning class Medium
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
- NHC SERVICES AS+40
From 2024 to 2025: the operating margin rose from −12.1% to 12.6% and went from a loss to a profit before tax.
- MAERSK TRAINING AS+32
From 2024 to 2025: went from a loss to a profit before tax and the operating margin rose from −3.7% to 10.7%.
- METIS BERGEN PRIVATE GYMNAS AS+25
From 2024 to 2025: went from a loss to a profit before tax and the equity ratio rose from 36.0% to 49.4%.
- AKADEMIET VGS ÅLESUND AS−22
From 2024 to 2025: the operating margin fell from 7.6% to 0.0%.
Undervisning, Morning class Medium: 32 ranked companies in fiscal year 2025.
Best in the sector: CALIAN EUROPE AS (score 86, operating margin 25.4%, equity ratio 70.6%). KRISTELIG GYMNASIUM AS (score 73, operating margin 4.7%, equity ratio 79.5%). WANG HAMAR AS (score 73, operating margin 5.3%, equity ratio 73.5%).
Weakest in the sector: FAGSKOLEN KRISTIANIA AS (score 17, operating margin −5.9%, equity ratio 20.4%). FOLKEUNIVERSITETET AS (score 20, operating margin −3.3%, equity ratio −13.9%). LOVISENBERG DIAKONALE HØGSKOLE AS (score 21, operating margin −7.0%, equity ratio 26.5%).
Worth a closer look
- The median operating margin rose from 2.8% in 2024 to 4.0% in 2025 (1.3 percentage points).
- The median equity ratio rose from 39.3% in 2024 to 47.1% in 2025 (7.7 percentage points).
- The median revenue growth fell from 8.5% in 2024 to 7.9% in 2025 (0.6 percentage points).
- The share with a loss went from 25% in 2024 to 16% 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 34% of the sector's revenue. Combined profit before tax for the 32 ranked companies: 303 MNOK.
Highest revenue
- NLA HØGSKOLEN AS 433 MNOK
- WRIGHT TRAFIKKSKOLE AS 349 MNOK
- OSLO NYE HØYSKOLE AS 304 MNOK
- IFRONT KARRIERE AS 243 MNOK
- UNIVERSITETSSENTERET PÅ SVALBARD AS 240 MNOK
Operating revenue.
Highest operating margin
- CALIAN EUROPE AS 25.4%
- OSLO NYE HØYSKOLE AS 24.6%
- KRISTEN FRISKOLE AS 12.9%
- NHC SERVICES AS 12.6%
- LÆRINGSVERKSTEDET GRUPPEN AS 12.1%
Operating result divided by operating revenue.
Largest profit
- OSLO NYE HØYSKOLE AS 73 MNOK
- CALIAN EUROPE AS 50 MNOK
- LÆRINGSVERKSTEDET GRUPPEN AS 29 MNOK
- NLA HØGSKOLEN AS 25 MNOK
- WRIGHT TRAFIKKSKOLE AS 19 MNOK
Profit before tax.
Largest loss
- FAGSKOLEN KRISTIANIA AS −9 MNOK
- LOVISENBERG DIAKONALE HØGSKOLE AS −9 MNOK
- FOLKEUNIVERSITETET AS −3 MNOK
- FRETEX PLUSS AS −3 MNOK
- KONGSBERG TECHNOLOGY TRAINING CENTRE AS 0 MNOK
Profit before tax, the largest negative.
Most solid
- KIDSA DRIFT AS 93.8%
- AKADEMIET VGS ÅLESUND AS 89.4%
- KRISTELIG GYMNASIUM AS 79.5%
- WANG TOPPIDRETT OSLO AS 74.7%
- VAL SKOLER AS 74.2%
Equity ratio: equity divided by total assets.
Fastest growth
- CALIAN EUROPE AS +88.6%
- LINGU AS +46.1%
- BISS SENTRUM AS +31.2%
- IFRONT KARRIERE AS +26.2%
- MAERSK TRAINING AS +18.6%
Revenue growth from the year before, only from at least NOK 10 million in revenue.
Largest revenue decline
- VAL SKOLER AS −18.9%
- PODIUM AS −7.9%
- FRETEX PLUSS AS −5.4%
- HERO KOMPETANSE AS −4.5%
- AKADEMIET VGS ÅLESUND AS −1.3%
Revenue decline from the year before, only from at least NOK 10 million in revenue.
Biggest climbers
- NHC SERVICES AS +39.5 points
- MAERSK TRAINING AS +31.9 points
- METIS BERGEN PRIVATE GYMNAS AS +24.9 points
- WANG ROMERIKE AS +16.4 points
- VAL SKOLER AS +12.4 points
Change in index points from the year before.
Biggest fallers
- AKADEMIET VGS ÅLESUND AS −22.5 points
- PODIUM AS −22.3 points
- FRETEX PLUSS AS −20.8 points
- HERO KOMPETANSE AS −20.6 points
- KIDSA DRIFT AS −13.8 points
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 10.9 MNOK
- LÆRINGSVERKSTEDET GRUPPEN AS 3.6 MNOK
- LINGU AS 1.6 MNOK
- UNIVERSITETSSENTERET PÅ SVALBARD AS 1.5 MNOK
- OSLO NYE HØYSKOLE 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 · 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).
- NHC SERVICES AS profitability 0 → 94, solidity 11 → 13
- MAERSK TRAINING AS profitability 9 → 82, solidity 33 → 30
- FRETEX PLUSS AS profitability 61 → 10, solidity 22 → 23
- METIS BERGEN PRIVATE GYMNAS AS profitability 19 → 61, solidity 37 → 60
- AKADEMIET VGS ÅLESUND AS profitability 70 → 26, solidity 96 → 97
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
Summary · fiscal year 2025 · Morning class Medium
The sector's median operating margin is 4.0%. 2 of 32 companies have negative equity. The median equity ratio is 47.1%.
All figures are for fiscal year 2025. Ranked: 32 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 28 companies ranked in both years.
Climbers
- 16METIS BERGEN PRIVATE GYMNAS ASfrom rank 22 to 662
- 14MAERSK TRAINING ASfrom rank 25 to 1157
- 13WANG ROMERIKE ASfrom rank 17 to 464
- 9NHC SERVICES ASfrom rank 28 to 1950
- 6TRYGGHEIM SKULAR ASfrom rank 16 to 1058
Fallers
- 18HERO KOMPETANSE ASfrom rank 3 to 2149
- 13KIDSA DRIFT ASfrom rank 10 to 2344
- 13PODIUM ASfrom rank 15 to 2829
- 11UNIVERSITETSSENTERET PÅ SVALBARD ASfrom rank 11 to 2249
- 9FRETEX PLUSS ASfrom rank 20 to 2924
Awards · 2025 · Morning class Medium
Needs attention · 2025 · Morning class Medium
13 companies show at least one warning sign. Showing the 13 most important.
- criticalFOLKEUNIVERSITETET ASNegative equity · Current ratio below 1 (0.73) · Loss before tax
- criticalWANG UNG OSLO ASNegative equity · Current ratio below 1 (0.48)
- watchLOVISENBERG DIAKONALE HØGSKOLE ASCurrent ratio below 1 (0.87) · Loss before tax
- watchWRIGHT TRAFIKKSKOLE ASCurrent ratio below 1 (0.33)
- watchOSLO NYE HØYSKOLE ASCurrent ratio below 1 (0.43)
- watchVAL SKOLER ASCurrent ratio below 1 (0.74)
- watchFAGSKOLEN KRISTIANIA ASLoss before tax
- watchFRETEX PLUSS ASLoss before tax
- watchPODIUM ASVery low equity ratio (6.8%)
- watchKONGSBERG TECHNOLOGY TRAINING CENTRE ASLoss before tax
- watchNHC SERVICES ASCurrent ratio below 1 (0.95)
- watchKRISTEN FRISKOLE ASVery low equity ratio (0.2%)
- watchKIDSA DRIFT ASCurrent ratio below 1 (0.02)
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
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 | 3.5% | 29.5% |
| 2024 | 2.8% | 30.1% |
| 2025 | 3.9% | 31.1% |
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
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 |