| Market Cap | — | |
| Enterprise Value | — | |
| Revenue | NOK 525.4M | +4.9% |
| Gross Profit | NOK 494.7M | +4.2% |
| EBITDA | NOK 49.2M | −11.3% |
| Net Income | -NOK 3.3M | −441.2% |
| Diluted EPS | -NOK 0.12 | −400.0% |
| Free Cash Flow | NOK 65.3M | +81.4% |
| Ratio | 2020 | 2021 | 2022 | 2023 | 2024 | Trend · 5y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|
| ▾Margins | ||||||||
| Gross Margin | 92.78% | 93.33% | 94.23% | 94.78% | 94.15% | 50% | 94% | |
| Operating Margin | −14.06% | −1.62% | −12.46% | 5.55% | 3.88% | 70% | 71% | |
| EBITDA Margin | −6.54% | 5.08% | −6.26% | 11.08% | 9.36% | 70% | 71% | |
| NOPAT Margin | −11.11% | −1.28% | −9.85% | 0.56% | 0.00% | 70% | 61% | |
| Net Margin | −8.73% | −8.57% | −18.28% | 0.20% | −0.64% | 70% | 66% | |
| FCF Margin | 5.61% | 5.60% | −1.43% | 7.19% | 12.43% | 90% | 80% | |
| FCFF Margin | — | — | — | 8.02% | 12.43% | 75% | 37% | |
| FCFE Margin | — | 2.13% | −7.79% | 2.20% | 12.43% | 88% | 74% | |
| OCF Margin | 6.08% | 6.63% | −0.51% | 9.65% | 14.61% | 90% | 80% | |
| Gross Profitability | 30.66% | 42.61% | 51.52% | 66.65% | 66.93% | 90% | 89% | |
| Capex Intensity | 0.46% | 1.03% | 0.92% | 2.46% | 2.18% | 70% | 44% | |
| ▸Returns on Capital · 6 ratios | ||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | ||||||||
| ▸Earnings quality · 7 ratios | ||||||||
| ▸Liquidity & coverage · 9 ratios | ||||||||
| ▸Leverage · 9 ratios | ||||||||
| ▸Working capital · 8 ratios | ||||||||
| ▸Capital allocation · 2 ratios | ||||||||
| ▸Other · 1 ratios | ||||||||
The five drivers multiply to -0.7% vs reported ROE -0.7%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | NOK 256.5M | NOK 360.5M | NOK 393.1M | NOK 500.7M | NOK 525.4M |
| YoY % | +40.6% | +9.0% | +27.4% | +4.9% | |
| Cost of Revenue | NOK 18.5M | NOK 24.1M | NOK 22.7M | NOK 26.1M | NOK 30.7M |
| YoY % | +29.9% | -5.6% | +15.2% | +17.5% | |
| Gross Profit | NOK 238.0M | NOK 336.5M | NOK 370.4M | NOK 474.5M | NOK 494.7M |
| YoY % | +41.4% | +10.1% | +28.1% | +4.2% | |
| R&D Expense | NOK 13.8M | NOK 4.3M | NOK 3.3M | NOK 2.1M | NOK 3.6M |
| YoY % | -68.8% | -22.7% | -38.1% | +75.4% | |
| Selling & Marketing Expense | NOK 187.8M | NOK 259.9M | NOK 303.4M | NOK 334.9M | NOK 354.9M |
| YoY % | +38.4% | +16.8% | +10.4% | +6.0% | |
| Operating Income | -NOK 36.1M | -NOK 5.8M | -NOK 49.0M | NOK 27.8M | NOK 20.4M |
| YoY % | -26.6% | ||||
| Interest Expense | NOK 23.6M | NOK 34.8M | NOK 30.6M | NOK 41.2M | NOK 36.9M |
| YoY % | +47.5% | -12.2% | +34.6% | -10.3% | |
| Interest & Investment Income | NOK 26.4M | NOK 26.2M | NOK 9.2M | NOK 24.6M | NOK 24.9M |
| YoY % | -0.9% | -64.8% | +166.4% | +1.5% | |
| Pretax Income | -NOK 33.2M | -NOK 31.7M | -NOK 71.1M | NOK 9.7M | NOK 8.4M |
| YoY % | -13.9% | ||||
| Income Tax | -NOK 10.8M | -NOK 759,000 | NOK 723,000 | NOK 8.8M | NOK 11.7M |
| YoY % | +1111.8% | +33.9% | |||
| Net Income (incl. NCI) | -NOK 22.4M | -NOK 30.9M | -NOK 71.9M | NOK 979,000 | -NOK 3.3M |
| EPS (Basic) | -NOK 0.91 | -NOK 115.00 | -NOK 2.66 | NOK 0.04 | -NOK 0.12 |
| EPS (Diluted) | -NOK 0.91 | -NOK 115.00 | -NOK 2.66 | NOK 0.04 | -NOK 0.12 |
The sector classification is SIC-derived, not official GICS. Statement lines are XBRL facts as filed with the company's home regulator (SEC EDGAR for US filers; ESEF/EDINET and other national regulators for foreign filers); ratios and other derived figures are computed from them. A blank cell means the tag was absent — never imputed.
