ISVANNET AS
Score · fiscal year 2025
59of 100
How to read this: the company is ahead of 69 % of small companies in the same sector in 2025. What does this mean?
Rank: 8,710 of 27,866 · Handel
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 73 and solidity 16 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
ISVANNET AS is 9 points above the median for small companies in the same sector in 2025.
Median score 50 among 26,240 companies.
Against small companies in the same sector in 2025: operating margin 7.5% (median 2.1%) and equity ratio 3.9% (median 33.5%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 4 MNOK | 2 MNOK |
| Operating margin | 7.5% | 2.1% |
| Profit margin | 5.6% | 1.8% |
| Return on assets | 16.4% | 2.7% |
| Equity ratio | 3.9% | 33.5% |
| Debt-to-equity | 24.51 | 1.08 |
| Current ratio | 2.80 | 1.60 |
| Revenue growth | 33.2% | 4.1% |
The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 59, ISVANNET AS does better than 69% of small companies in the same sector (26,630 companies) in 2025.
Score 2023–2025
- ISVANNET AS
- Median: small companies in the same sector
What the numbers say
ISVANNET AS had an operating margin of 7.5% and an equity ratio of 3.9% in 2025, and ranks 8,710 of 27,866 in Handel.
From 2024 to 2025: revenue grew by 33% and the equity ratio rose from −11.2% to 3.9%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 0 MNOK and 2 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 2 MNOK |
| EV/EBIT | 8.0 | 1 MNOK |
| P/B | 1.0 | 0 MNOK |
A mechanical estimate from public accounts, not advice. Mechanical estimate from public accounts with fixed multiples. Not a valuation and not advice to buy or sell. The multiples are provisional default values and must be adjusted per sector before the figures are used for anything. See the calculation
Worth a closer look
- watch
The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?
Based on: Equity ratio 3.9% (median 33.5%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
We have no accounts for 2022, the sector's weakest year, for this company.
The sector's weakest year was 2022, with a median operating margin of 0.8%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 73 | weight 30% |
|---|---|---|
| Solidity | 16 | weight 25% |
| Liquidity | 70 | weight 15% |
| Growth | 79 | weight 15% |
| Consistency | 73 | weight 15% |
Durability: 49 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is ISVANNET AS?
The operating margin was 7.5% in 2025, against a median of 2.1% among small companies in the same sector. Return on assets was 16.4%.
How solid is ISVANNET AS?
The equity ratio was 3.9% in 2025 (median 33.5%). Debt-to-equity was 24.51 (median 1.08).
What is the liquidity of ISVANNET AS like?
The current ratio was 2.80 in 2025 (median 1.60).
How does ISVANNET AS compare in Handel?
ISVANNET AS ranks 8,710 of 27,866 in Handel for 2025. Among companies of the same size (small companies) it ranks 8,254 of 26,630. Revenue changed by 33.2% from the year before.
From the Central Coordinating Register
- Org. no.
- 919815612
- Legal form
- AS
- Sector
- Handel (46.640)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 27 September 2017 9 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Ekenesveien 4, 1870 ØRJE (MARKER)
- Municipality
- Marker rank 21–34 of 40 in KOSTRA group 1
- Audit
- Audit opted out from 30 October 2017
- Latest accounts filed
- 2025
- Website
- www.isvannet.no
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
- Chair of the board
- Johan Marius Svingen
- Board member
- Tone Helene Engsødegård
- Accountant
- ØRJE REGNSKAPSKONTOR AS
Source: Central Coordinating Register, fetched 25 October 2026. Only names are shown.
Owners and shareholdings will appear here once the shareholder data extract is in place.
Coming · not built yet
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 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 37 | 52 | 59 | |
| Rank | 16,608 | 11,977 | 8,710 | |
| Operating margin | 4.4% | 8.6% | 7.5% | |
| Return on assets | 14.8% | 27.6% | 16.4% | |
| Equity ratio | −29.7% | −11.2% | 3.9% | |
| Current ratio | 1.77 | 2.55 | 2.80 | |
| Revenue growth | – | 4.7% | 33.2% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 3.1 MNOK | 3.2 MNOK | 4.3 MNOK |
| Operating profit | 0.1 MNOK | 0.3 MNOK | 0.3 MNOK |
| Profit before tax | 0.1 MNOK | 0.2 MNOK | 0.2 MNOK |
| Net profit | 0.0 MNOK | 0.2 MNOK | 0.2 MNOK |
| Financial expenses | 0.1 MNOK | 0.1 MNOK | 0.1 MNOK |
| Total assets | 0.9 MNOK | 1.0 MNOK | 2.0 MNOK |
| Current assets | 0.4 MNOK | 0.6 MNOK | 0.9 MNOK |
| Equity | −0.3 MNOK | −0.1 MNOK | 0.1 MNOK |
| Retained earnings | −0.3 MNOK | −0.1 MNOK | 0.0 MNOK |
| Total liabilities | 1.2 MNOK | 1.1 MNOK | 1.9 MNOK |
| Current liabilities | 0.2 MNOK | 0.2 MNOK | 0.3 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6703090.
Further
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