Mastercard Payment Services Norway AS
Score · fiscal year 2025
72of 100
How to read this: the company is ahead of 96 % of companies in the Morning class Large in the same sector in 2025. What does this mean?
Rank in the Morning class Large: 7 of 138 · What are Morning company classes?
Place in the whole sector: 313 of 3,132 · Informasjon og kommunikasjon
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 62 and solidity 92 out of 100 among companies in the Morning class Large in the same sector in 2025. Methodology
Against the sector
Mastercard Payment Services Norway AS is 20 points above the median for companies in the Morning class Large in the same sector in 2025.
Median score 52 among 138 companies.
Against companies in the Morning class Large in the same sector in 2025: operating margin 12.8% (median 6.6%) and equity ratio 67.5% (median 28.0%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 907 MNOK | 961 MNOK |
| Operating margin | 12.8% | 6.6% |
| Profit margin | 15.3% | 7.5% |
| Return on assets | 12.0% | 10.5% |
| Equity ratio | 67.5% | 28.0% |
| Debt-to-equity | 0.48 | 2.55 |
| Current ratio | 2.50 | 1.05 |
| Revenue growth | 11.4% | 6.9% |
| Revenue per employee | 5.07 MNOK | 6.03 MNOK |
The median and “ahead of” refer to companies in the Morning class Large in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 72, Mastercard Payment Services Norway AS does better than 96% of companies in the Morning class Large in the same sector (138 companies) in 2025.
Score 2023–2025
- Mastercard Payment Services Norway AS
- Median: companies in the Morning class Large in the same sector
Mastercard Payment Services Norway AS has a score of 72 for 2025, rank 313 of 3,132 in the sector.
Strongest: Liquidity: percentile 96 against peers, current ratio 2.50 against a median of 1.05. Solidity: percentile 92 against peers, equity ratio 67.5% against a median of 28.0%.
No area is clearly below its peers.
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
Mastercard Payment Services Norway AS had an operating margin of 12.8% and an equity ratio of 67.5% in 2025, and ranks 313 of 3,132 in Informasjon og kommunikasjon.
From 2024 to 2025: the operating margin rose from −0.5% to 12.8% and revenue grew by 11%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 371 MNOK and 1,258 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 17.7 | 371 MNOK |
| EV/EBIT | 14.3 | 650 MNOK |
| P/B | 2.6 | 1,258 MNOK |
The listed basis is the value at listed multiples. The estimate is lowered by 39% for an unlisted company: 20% for lack of marketability and 24% for size (a small-company premium of 2% on the cost of equity).
A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. See the calculation
Worth a closer look
No rules were triggered for this year.
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.3% of the debt in 2025. The policy rate averaged 4.30 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.
See interest rates, prices and exchange rates for the sector
Data quality
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
We have no accounts for 2026, the sector's weakest year, for this company.
The sector's weakest year was 2026, with a median operating margin of 4.1%. Based on the 8 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 62 | weight 30% |
|---|---|---|
| Solidity | 92 | weight 25% |
| Liquidity | 96 | weight 15% |
| Growth | 63 | weight 15% |
| Consistency | 41 | weight 15% |
Durability: 67 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Mastercard Payment Services Norway AS?
The operating margin was 12.8% in 2025, against a median of 6.6% among companies in the Morning class Large in the same sector. Return on assets was 12.0%.
How solid is Mastercard Payment Services Norway AS?
The equity ratio was 67.5% in 2025 (median 28.0%). Debt-to-equity was 0.48 (median 2.55).
What is the liquidity of Mastercard Payment Services Norway AS like?
The current ratio was 2.50 in 2025 (median 1.05).
How does Mastercard Payment Services Norway AS compare in Informasjon og kommunikasjon?
Mastercard Payment Services Norway AS ranks 313 of 3,132 in Informasjon og kommunikasjon for 2025. Among companies in the Morning class Large it is number 7 of 138. Revenue changed by 11.4% from the year before.
From the Central Coordinating Register
- Org. no.
- 822988822
- Legal form
- AS
- Sector
- Informasjon og kommunikasjon (62.100)
- Morning company class
- Large
- Employees
- 179 registered 10 October 2026
- Founded
- 11 June 2019 7 years in operation
- Share capital
- 26.45 MNOK
- Business address
- Haavard Martinsens vei 54, 0978 OSLO
- Municipality
- Oslo rank 63–220 of 357 in Norway
- Latest accounts filed
- 2025
- LEI
- 984500FA574AD8D48611 not renewed (lapsed)
Source: Central Coordinating Register, Brønnøysund Register Centre. The employee count is reported by the company and may be older than the accounts. See the company at the Brønnøysund Register Centre
Ownership and roles
Loading roles …
Source: Central Coordinating Register, fetched 31 October 2026. Only names are shown.
- Parent company
- No parent company: owned by persons
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 31 October 2026. The parent is the one the company itself reported to GLEIF.
Shareholders (2025)
- Number of shareholders
- 1 (one owner)
- Largest owner
- 100.0%
- Split
- companies 100% · private persons 0% · foreign 100%
- Group chain
- Ultimate owner: MASTERCARD/EUROPAY U.K. LIMITED
- MASTERCARD/EUROPAY U.K. LIMITED (United Kingdom) · 100.0%
The company is new in the shareholder register in 2025.
Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.
Error in the data?
Do you see an error in the figures or in how the company is mapped (sector, holding, group)? Let us know. Corrections require documentation.
Figures last fetched 30 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 70 | 60 | 72 | |
| Rank | 519 | 862 | 313 | |
| Operating margin | 0.5% | −0.5% | 12.8% | |
| Return on assets | 1.0% | 1.5% | 12.0% | |
| Equity ratio | 76.2% | 71.4% | 67.5% | |
| Current ratio | 2.31 | 2.39 | 2.50 | |
| Revenue growth | – | 10.2% | 11.4% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 739.0 MNOK | 814.6 MNOK | 907.5 MNOK |
| Operating profit | 3.6 MNOK | −3.7 MNOK | 116.0 MNOK |
| Profit before tax | −11.2 MNOK | 10.4 MNOK | 139.2 MNOK |
| Tax expense | −2.6 MNOK | 2.8 MNOK | 35.0 MNOK |
| Net profit | −8.6 MNOK | 7.6 MNOK | 104.3 MNOK |
| Financial expenses | 19.8 MNOK | 4.5 MNOK | 1.3 MNOK |
| Total assets | 895.0 MNOK | 966.7 MNOK | 1,175.9 MNOK |
| Current assets | 482.6 MNOK | 593.0 MNOK | 845.5 MNOK |
| Equity | 682.2 MNOK | 689.8 MNOK | 794.0 MNOK |
| Retained earnings | 655.7 MNOK | 663.3 MNOK | 767.6 MNOK |
| Total liabilities | 212.8 MNOK | 276.9 MNOK | 381.9 MNOK |
| Current liabilities | 209.0 MNOK | 248.3 MNOK | 338.6 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 6855310.
Further
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