Sector

783 companies ranked against comparable companies in four Morning company classes. Fiscal year 2025. Source: Brønnøysund Register Centre. Methodology

Ranking · 2025 · Morning class Medium

Morning class Medium · 2025
#CompanyProfileScoreChangeFive years
1 CALIAN EUROPE AS Leader 86 −6
2 KRISTELIG GYMNASIUM AS Leader 73 +8
3 WANG HAMAR AS Leader 73 +7
4 WANG ROMERIKE AS Sprinter 64 +17
5 LINGU AS Steward 62 −4
6 METIS BERGEN PRIVATE GYMNAS AS Leader 62 +25
7 OSLO NYE HØYSKOLE AS Sprinter 60 −3
8 BISS SENTRUM AS Sprinter 60 +11
9 AKADEMIET VGS ÅLESUND AS Steward 59 −22
10 TRYGGHEIM SKULAR AS Leader 58 +8
11 MAERSK TRAINING AS Sprinter 57 +32
12 LÆRINGSVERKSTEDET GRUPPEN AS Sprinter 57 +10
13 NLA HØGSKOLEN AS Steward 56 −10
14 KONGSBERG TECHNOLOGY TRAINING CENTRE AS Steward 55 −1
15 WANG TOPPIDRETT OSLO AS Steward 54 −5
16 LUNDENESET VGS AS Leader 52 +2
17 IFRONT KARRIERE AS Sprinter 52 −3
18 KRISTEN FRISKOLE AS Sprinter 50 +7
19 NHC SERVICES AS Sprinter 50 +40
20 KROKEIDE VIDEREGÅENDE SKOLE AS Sprinter 49 −4
21 HERO KOMPETANSE AS Sprinter 49 −21
22 UNIVERSITETSSENTERET PÅ SVALBARD AS Steward 49 −8
23 KIDSA DRIFT AS Steward 44 −13
24 VAL SKOLER AS Steward 41 +12
25 MOELV VIDEREGÅENDE SKOLE AS Steward 41 −4
26 WRIGHT TRAFIKKSKOLE AS Sprinter 33 +5
27 WANG UNG OSLO AS Sprinter 30 +5
28 PODIUM AS Sprinter 29 −22
29 FRETEX PLUSS AS Builder 24 −20
30 LOVISENBERG DIAKONALE HØGSKOLE AS Builder 21 +3
31 FOLKEUNIVERSITETET AS Builder 20 −34
32 FAGSKOLEN KRISTIANIA AS Builder 17 +1

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

    From 2024 to 2025: the operating margin rose from −12.1% to 12.6% and went from a loss to a profit before tax.

    +40
  • MAERSK TRAINING AS

    From 2024 to 2025: went from a loss to a profit before tax and the operating margin rose from −3.7% to 10.7%.

    +32
  • METIS BERGEN PRIVATE GYMNAS AS

    From 2024 to 2025: went from a loss to a profit before tax and the equity ratio rose from 36.0% to 49.4%.

    +25
  • AKADEMIET VGS ÅLESUND AS

    From 2024 to 2025: the operating margin fell from 7.6% to 0.0%.

    −22
Summary analysis

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

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

  1. NLA HØGSKOLEN AS 433 MNOK
  2. WRIGHT TRAFIKKSKOLE AS 349 MNOK
  3. OSLO NYE HØYSKOLE AS 304 MNOK
  4. IFRONT KARRIERE AS 243 MNOK
  5. UNIVERSITETSSENTERET PÅ SVALBARD AS 240 MNOK

Operating revenue.

Highest operating margin

  1. CALIAN EUROPE AS 25.4%
  2. OSLO NYE HØYSKOLE AS 24.6%
  3. KRISTEN FRISKOLE AS 12.9%
  4. NHC SERVICES AS 12.6%
  5. LÆRINGSVERKSTEDET GRUPPEN AS 12.1%

Operating result divided by operating revenue.

Largest profit

  1. OSLO NYE HØYSKOLE AS 73 MNOK
  2. CALIAN EUROPE AS 50 MNOK
  3. LÆRINGSVERKSTEDET GRUPPEN AS 29 MNOK
  4. NLA HØGSKOLEN AS 25 MNOK
  5. WRIGHT TRAFIKKSKOLE AS 19 MNOK

Profit before tax.

Largest loss

  1. FAGSKOLEN KRISTIANIA AS −9 MNOK
  2. LOVISENBERG DIAKONALE HØGSKOLE AS −9 MNOK
  3. FOLKEUNIVERSITETET AS −3 MNOK
  4. FRETEX PLUSS AS −3 MNOK
  5. KONGSBERG TECHNOLOGY TRAINING CENTRE AS 0 MNOK

Profit before tax, the largest negative.

Most solid

  1. KIDSA DRIFT AS 93.8%
  2. AKADEMIET VGS ÅLESUND AS 89.4%
  3. KRISTELIG GYMNASIUM AS 79.5%
  4. WANG TOPPIDRETT OSLO AS 74.7%
  5. VAL SKOLER AS 74.2%

Equity ratio: equity divided by total assets.

Fastest growth

  1. CALIAN EUROPE AS +88.6%
  2. LINGU AS +46.1%
  3. BISS SENTRUM AS +31.2%
  4. IFRONT KARRIERE AS +26.2%
  5. MAERSK TRAINING AS +18.6%

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

Largest revenue decline

  1. VAL SKOLER AS −18.9%
  2. PODIUM AS −7.9%
  3. FRETEX PLUSS AS −5.4%
  4. HERO KOMPETANSE AS −4.5%
  5. AKADEMIET VGS ÅLESUND AS −1.3%

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

Biggest climbers

  1. NHC SERVICES AS +39.5 points
  2. MAERSK TRAINING AS +31.9 points
  3. METIS BERGEN PRIVATE GYMNAS AS +24.9 points
  4. WANG ROMERIKE AS +16.4 points
  5. VAL SKOLER AS +12.4 points

Change in index points from the year before.

Biggest fallers

  1. AKADEMIET VGS ÅLESUND AS −22.5 points
  2. PODIUM AS −22.3 points
  3. FRETEX PLUSS AS −20.8 points
  4. HERO KOMPETANSE AS −20.6 points
  5. KIDSA DRIFT AS −13.8 points

Change in index points from the year before.

Most employees

  1. IFRONT KARRIERE AS 359
  2. NLA HØGSKOLEN AS 343
  3. WRIGHT TRAFIKKSKOLE AS 268
  4. FAGSKOLEN KRISTIANIA AS 231
  5. OSLO NYE HØYSKOLE AS 217

Employees according to the Central Coordinating Register.

Highest revenue per employee

  1. CALIAN EUROPE AS 10.9 MNOK
  2. LÆRINGSVERKSTEDET GRUPPEN AS 3.6 MNOK
  3. LINGU AS 1.6 MNOK
  4. UNIVERSITETSSENTERET PÅ SVALBARD AS 1.5 MNOK
  5. 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.

Quadrant analysis

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).

  • 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
CompanyProfileProfitabilitySolidityIn 2024 (profitability / solidity)
CALIAN EUROPE ASLion1008098 / 89
NHC SERVICES ASCheetah94130 / 11
OSLO NYE HØYSKOLE ASCheetah905091 / 63
HERO KOMPETANSE ASCheetah843394 / 48
MAERSK TRAINING ASCheetah82309 / 33
LÆRINGSVERKSTEDET GRUPPEN ASCheetah824078 / 19
WANG ROMERIKE ASCheetah764756 / 30
BISS SENTRUM ASCheetah7327–
IFRONT KARRIERE ASCheetah731772 / 26
KRISTEN FRISKOLE ASCheetah63359 / 0
KROKEIDE VIDEREGÅENDE SKOLE ASCheetah634369 / 44
WANG HAMAR ASLion618343 / 81
METIS BERGEN PRIVATE GYMNAS ASLion616019 / 37
TRYGGHEIM SKULAR ASLion567052 / 78
PODIUM ASCheetah55789 / 4
WRIGHT TRAFIKKSKOLE ASCheetah551059 / 7
KRISTELIG GYMNASIUM ASLion539339 / 93
LUNDENESET VGS ASLion5263–
WANG UNG OSLO ASCheetah500–
LINGU ASElephant485376 / 52
NLA HØGSKOLEN ASElephant477369 / 70
KIDSA DRIFT ASElephant2910030 / 100
VAL SKOLER ASElephant298717 / 56
AKADEMIET VGS ÅLESUND ASElephant269770 / 96
WANG TOPPIDRETT OSLO ASElephant249048 / 85
UNIVERSITETSSENTERET PÅ SVALBARD ASElephant236743 / 67
MOELV VIDEREGÅENDE SKOLE ASElephant195728 / 59
KONGSBERG TECHNOLOGY TRAINING CENTRE ASElephant137720 / 74
FRETEX PLUSS ASBeaver102361 / 22
FOLKEUNIVERSITETET ASBeaver50–
LOVISENBERG DIAKONALE HØGSKOLE ASBeaver3374 / 41
FAGSKOLEN KRISTIANIA ASBeaver2209 / 15
The sector in numbers

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%.

Companies with accounts32
Total revenue4,547 MNOK
Median operating margin4.0%
Median equity ratio47.1%
Share with a loss16%
Share with negative equity6%

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

  1. 16METIS BERGEN PRIVATE GYMNAS ASfrom rank 22 to 662
  2. 14MAERSK TRAINING ASfrom rank 25 to 1157
  3. 13WANG ROMERIKE ASfrom rank 17 to 464
  4. 9NHC SERVICES ASfrom rank 28 to 1950
  5. 6TRYGGHEIM SKULAR ASfrom rank 16 to 1058

Fallers

  1. 18HERO KOMPETANSE ASfrom rank 3 to 2149
  2. 13KIDSA DRIFT ASfrom rank 10 to 2344
  3. 13PODIUM ASfrom rank 15 to 2829
  4. 11UNIVERSITETSSENTERET PÅ SVALBARD ASfrom rank 11 to 2249
  5. 9FRETEX PLUSS ASfrom rank 20 to 2924

Awards · 2025 · Morning class Medium

Most profitableCALIAN EUROPE AS25.4%
Fastest growthFOLKEUNIVERSITETET AS960.6%
Strongest balance sheetKIDSA DRIFT AS93.8%
Largest revenueNLA HØGSKOLEN AS433 MNOK
Highest revenue per employeeCALIAN EUROPE AS10.9 MNOK

Needs attention · 2025 · Morning class Medium

13 companies show at least one warning sign. Showing the 13 most important.

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.

−5%0%5%10%0%20%40%60%80%Operating margin (profitability) →Equity ratio (solidity) →NLA HØGSKOLEN AS: operating margin 3.3%, equity ratio 60.3%, rank 13WRIGHT TRAFIKKSKOLE AS: operating margin 4.1%, equity ratio 12.4%, rank 26OSLO NYE HØYSKOLE AS: operating margin 24.6%, equity ratio 48.2%, rank 7IFRONT KARRIERE AS: operating margin 4.0%, equity ratio 20.1%, rank 17UNIVERSITETSSENTERET PÅ SVALBARD AS: operating margin −0.8%, equity ratio 54.7%, rank 22LÆRINGSVERKSTEDET GRUPPEN AS: operating margin 12.1%, equity ratio 35.6%, rank 12VAL SKOLER AS: operating margin 2.9%, equity ratio 74.2%, rank 24CALIAN EUROPE AS: operating margin 25.4%, equity ratio 70.6%, rank 1FAGSKOLEN KRISTIANIA AS: operating margin −5.9%, equity ratio 20.4%, rank 32TRYGGHEIM SKULAR AS: operating margin 7.5%, equity ratio 57.4%, rank 10MAERSK TRAINING AS: operating margin 10.7%, equity ratio 24.7%, rank 11LOVISENBERG DIAKONALE HØGSKOLE AS: operating margin −7.0%, equity ratio 26.5%, rank 30KRISTELIG GYMNASIUM AS: operating margin 4.7%, equity ratio 79.5%, rank 2FRETEX PLUSS AS: operating margin −2.1%, equity ratio 20.7%, rank 29WANG TOPPIDRETT OSLO AS: operating margin 1.2%, equity ratio 74.7%, rank 15KROKEIDE VIDEREGÅENDE SKOLE AS: operating margin 9.4%, equity ratio 43.1%, rank 20LINGU AS: operating margin 2.9%, equity ratio 48.3%, rank 5PODIUM AS: operating margin 3.3%, equity ratio 6.8%, rank 28WANG ROMERIKE AS: operating margin 5.6%, equity ratio 45.9%, rank 4METIS BERGEN PRIVATE GYMNAS AS: operating margin 4.0%, equity ratio 49.4%, rank 6FOLKEUNIVERSITETET AS: operating margin −3.3%, equity ratio −13.9%, rank 31MOELV VIDEREGÅENDE SKOLE AS: operating margin −0.2%, equity ratio 48.6%, rank 25HERO KOMPETANSE AS: operating margin 9.3%, equity ratio 25.3%, rank 21KONGSBERG TECHNOLOGY TRAINING CENTRE AS: operating margin −2.0%, equity ratio 64.7%, rank 14WANG HAMAR AS: operating margin 5.3%, equity ratio 73.5%, rank 3NHC SERVICES AS: operating margin 12.6%, equity ratio 13.7%, rank 19KRISTEN FRISKOLE AS: operating margin 12.9%, equity ratio 0.2%, rank 18BISS SENTRUM AS: operating margin 7.9%, equity ratio 20.8%, rank 8LUNDENESET VGS AS: operating margin 5.8%, equity ratio 51.9%, rank 16KIDSA DRIFT AS: operating margin −0.2%, equity ratio 93.8%, rank 23AKADEMIET VGS ÅLESUND AS: operating margin 0.0%, equity ratio 89.4%, rank 9WANG UNG OSLO AS: operating margin 2.1%, equity ratio −10.9%, rank 27
Show the map's figures as a table
CompanyOperating marginEquity ratioRevenue
CALIAN EUROPE AS25.4%70.6%196 MNOK
KRISTELIG GYMNASIUM AS4.7%79.5%147 MNOK
WANG HAMAR AS5.3%73.5%62 MNOK
WANG ROMERIKE AS5.6%45.9%100 MNOK
LINGU AS2.9%48.3%112 MNOK
METIS BERGEN PRIVATE GYMNAS AS4.0%49.4%95 MNOK
OSLO NYE HØYSKOLE AS24.6%48.2%304 MNOK
BISS SENTRUM AS7.9%20.8%54 MNOK
AKADEMIET VGS ÅLESUND AS0.0%89.4%52 MNOK
TRYGGHEIM SKULAR AS7.5%57.4%175 MNOK
MAERSK TRAINING AS10.7%24.7%174 MNOK
LÆRINGSVERKSTEDET GRUPPEN AS12.1%35.6%207 MNOK
NLA HØGSKOLEN AS3.3%60.3%433 MNOK
KONGSBERG TECHNOLOGY TRAINING CENTRE AS−2.0%64.7%63 MNOK
WANG TOPPIDRETT OSLO AS1.2%74.7%127 MNOK
LUNDENESET VGS AS5.8%51.9%54 MNOK
IFRONT KARRIERE AS4.0%20.1%243 MNOK
KRISTEN FRISKOLE AS12.9%0.2%59 MNOK
NHC SERVICES AS12.6%13.7%61 MNOK
KROKEIDE VIDEREGÅENDE SKOLE AS9.4%43.1%114 MNOK
HERO KOMPETANSE AS9.3%25.3%64 MNOK
UNIVERSITETSSENTERET PÅ SVALBARD AS−0.8%54.7%240 MNOK
KIDSA DRIFT AS−0.2%93.8%53 MNOK
VAL SKOLER AS2.9%74.2%199 MNOK
MOELV VIDEREGÅENDE SKOLE AS−0.2%48.6%76 MNOK
WRIGHT TRAFIKKSKOLE AS4.1%12.4%349 MNOK
WANG UNG OSLO AS2.1%−10.9%51 MNOK
PODIUM AS3.3%6.8%110 MNOK
FRETEX PLUSS AS−2.1%20.7%134 MNOK
LOVISENBERG DIAKONALE HØGSKOLE AS−7.0%26.5%168 MNOK
FOLKEUNIVERSITETET AS−3.3%−13.9%83 MNOK
FAGSKOLEN KRISTIANIA AS−5.9%20.4%190 MNOK

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 yearMedian operating marginMedian equity ratio
2019––
2020––
2021 · weakest year−5.7%0.8%
2022−3.4%−20.8%
20233.5%29.5%
20242.8%30.1%
20253.9%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.

72024K492025K182025K2112025K392025K452026K1122026K292026K3

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

All bankruptcies and liquidations in the sector

Industry codes (NACE)

CodeDescription
85*Hele hovedgruppe 85
85.100Førskoleundervisning og drift av barnehager
85.201Ordinær grunnskoleundervisning
85.202Spesialskoleundervisning på grunnskolenivå
85.310Videregående opplæring innenfor studieforberedende utdanningsprogram
85.320Videregående opplæring innenfor yrkesfaglige utdanningsprogram
85.330Undervisning innenfor kort høyere yrkesfaglig utdanning
85.401Undervisning ved universiteter
85.402Undervisning ved vitenskapelige høgskoler
85.403Undervisning ved andre høgskoler
85.404Undervisning innenfor lang høyere yrkesfaglig utdanning
85.510Undervisning innenfor idrett og rekreasjon
85.521Kulturskoleundervisning til barn og unge
85.529Annen undervisning innenfor kultur
85.531Undervisning ved godkjente trafikkskoler
85.532Annen trafikkskoleundervisning
85.591Undervisning ved folkehøgskoler
85.592Undervisning i form av arbeidsmarkedskurs/arbeidsrettede kurs
85.593Undervisning ved voksenopplæringssentre, aktiviteter i studieforbund og undervisning i form av frivillige organisasjoners kurs
85.594Privatundervisning
85.595Undervisning innenfor religion
85.596Aktiviteter utført ved leirskoler
85.597Annen undervisning ellers
85.610Formidlingstjenester tilknyttet kurs og veiledere
85.691Pedagogisk-psykologisk rådgivningstjeneste
85.699Andre tjenester tilknyttet undervisning ikke nevnt annet sted