Ryde Technology AS
Score · fiscal year 2025
83of 100
How to read this: the company is ahead of 99 % of companies in the Morning class Medium in the same sector in 2025. What does this mean?
Rank in the Morning class Medium: 6 of 362 · What are Morning company classes?
Place in the whole sector: 32 of 1,867 · Forretningsmessig tjenesteyting
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 93 and solidity 97 out of 100 among companies in the Morning class Medium in the same sector in 2025. Methodology
Against the sector
Ryde Technology AS is 33 points above the median for companies in the Morning class Medium in the same sector in 2025.
Median score 50 among 362 companies.
Against companies in the Morning class Medium in the same sector in 2025: operating margin 32.3% (median 4.4%) and equity ratio 72.5% (median 20.0%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 436 MNOK | 124 MNOK |
| Operating margin | 32.3% | 4.4% |
| Profit margin | 30.0% | 4.3% |
| Return on assets | 33.4% | 11.1% |
| Equity ratio | 72.5% | 20.0% |
| Debt-to-equity | 0.38 | 3.78 |
| Current ratio | 1.62 | 1.13 |
| Revenue growth | 22.1% | 8.0% |
| Revenue per employee | 0.66 MNOK | 1.22 MNOK |
The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 83, Ryde Technology AS does better than 99% of companies in the Morning class Medium in the same sector (362 companies) in 2025.
Score 2023–2025
- Ryde Technology AS
- Median: companies in the Morning class Medium in the same sector
Ryde Technology AS has a score of 83 for 2025, rank 32 of 1,867 in the sector.
Strongest: Solidity: percentile 97 against peers, equity ratio 72.5% against a median of 20.0%. Profitability: percentile 93 against peers, operating margin 32.3% against a median of 4.4%.
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
Ryde Technology AS had an operating margin of 32.3% and an equity ratio of 72.5% in 2025, and ranks 32 of 1,867 in Forretningsmessig tjenesteyting.
From 2024 to 2025: the operating margin rose from 27.6% to 32.3% and revenue grew by 22%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 359 MNOK and 1,200 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 1,025 MNOK |
| EV/EBIT | 8.0 | 1,200 MNOK |
| P/B | 1.0 | 359 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
- positive
Upper quartile on profitability, solidity and liquidity. What sets this company apart from the rest of the sector?
Based on: Operating margin 32.3% (median 4.4%); Equity ratio 72.5% (median 20.0%); Current ratio 1.62 (median 1.13).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 25.3% 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 −3.2%. Based on the 9 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 93 | weight 30% |
|---|---|---|
| Solidity | 97 | weight 25% |
| Liquidity | 83 | weight 15% |
| Growth | 73 | weight 15% |
| Consistency | 49 | weight 15% |
Durability: 85 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Ryde Technology AS?
The operating margin was 32.3% in 2025, against a median of 4.4% among companies in the Morning class Medium in the same sector. Return on assets was 33.4%.
How solid is Ryde Technology AS?
The equity ratio was 72.5% in 2025 (median 20.0%). Debt-to-equity was 0.38 (median 3.78).
What is the liquidity of Ryde Technology AS like?
The current ratio was 1.62 in 2025 (median 1.13).
How does Ryde Technology AS compare in Forretningsmessig tjenesteyting?
Ryde Technology AS ranks 32 of 1,867 in Forretningsmessig tjenesteyting for 2025. Among companies in the Morning class Medium it is number 6 of 362. Revenue changed by 22.1% from the year before.
From the Central Coordinating Register
- Org. no.
- 922260575
- Legal form
- AS
- Sector
- Forretningsmessig tjenesteyting (77.210)
- Morning company class
- Medium
- Employees
- 662 registered 10 October 2026
- Founded
- 6 January 2019 7 years in operation
- Share capital
- 1.95 MNOK
- Business address
- Innspurten 9, 0663 OSLO
- Municipality
- Oslo rank 63–220 of 357 in Norway
- Latest accounts filed
- 2025
- LEI
- 636700B28Q6PF4LHVS03 renews 29 October 2027
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
- Parent not reported
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 31 October 2026. The parent is the one the company itself reported to GLEIF.
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 31 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 84 | 87 | 83 | |
| Rank | 97 | 18 | 32 | |
| Operating margin | 21.0% | 27.6% | 32.3% | |
| Return on assets | 26.7% | 31.8% | 33.4% | |
| Equity ratio | 80.2% | 73.3% | 72.5% | |
| Current ratio | 2.45 | 2.01 | 1.62 | |
| Revenue growth | – | 65.0% | 22.1% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 216.4 MNOK | 357.0 MNOK | 436.1 MNOK |
| Operating profit | 45.4 MNOK | 98.6 MNOK | 140.7 MNOK |
| Profit before tax | 40.5 MNOK | 95.1 MNOK | 130.8 MNOK |
| Net profit | 31.9 MNOK | 74.2 MNOK | 102.5 MNOK |
| Financial expenses | 20.2 MNOK | 16.4 MNOK | 34.4 MNOK |
| Total assets | 227.8 MNOK | 350.3 MNOK | 495.2 MNOK |
| Current assets | 104.4 MNOK | 182.9 MNOK | 218.4 MNOK |
| Equity | 182.7 MNOK | 256.8 MNOK | 359.2 MNOK |
| Retained earnings | 22.1 MNOK | 96.2 MNOK | 198.7 MNOK |
| Total liabilities | 45.1 MNOK | 93.6 MNOK | 136.0 MNOK |
| Current liabilities | 42.6 MNOK | 91.0 MNOK | 135.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 31 October 2026, accounts id 7156377.
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