Volue Technology AS
Score · fiscal year 2025
11of 100
How to read this: the company is ahead of 0 % of companies in the Morning class Large in the same sector in 2025. What does this mean?
Rank in the Morning class Large: 127 of 127 · What are Morning company classes?
Place in the whole sector: 1,986 of 2,025 · Informasjon og kommunikasjon
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 11 and solidity 13 out of 100 among companies in the Morning class Large in the same sector in 2025. Methodology
Against the sector
Volue Technology AS is 40 points below the median for companies in the Morning class Large in the same sector in 2025.
Median score 51 among 127 companies.
Against companies in the Morning class Large in the same sector in 2025: operating margin −2.6% (median 7.0%) and equity ratio 8.3% (median 27.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 626 MNOK | 959 MNOK |
| Operating margin | −2.6% | 7.0% |
| Profit margin | −4.0% | 7.9% |
| Return on assets | −1.7% | 11.6% |
| Equity ratio | 8.3% | 27.9% |
| Debt-to-equity | 10.99 | 2.54 |
| Current ratio | 0.35 | 1.04 |
| Revenue growth | −24.3% | 6.5% |
| Revenue per employee | 3.75 MNOK | 5.55 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 11, Volue Technology AS does better than 0% of companies in the Morning class Large in the same sector (127 companies) in 2025.
Score 2023–2025
- Volue Technology AS
- Median: companies in the Morning class Large in the same sector
Volue Technology AS has a score of 11 for 2025, rank 1,986 of 2,025 in the sector.
Strongest: Consistency: percentile 20 against peers.
Weakest: Growth: percentile 2 against peers, revenue growth −24.3% against a median of 6.5%. Liquidity: percentile 7 against peers, current ratio 0.35 against a median of 1.04.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 2.9 times current assets. Based on: current ratio 0.35 (median 1.04).
- The equity ratio is very low. Could the company absorb a bad year, and does it need more equity? Based on: equity ratio 8.3% (median 27.9%).
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −4.0% (median 7.9%).
- What lies behind weak growth, and will it last?
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
Volue Technology AS had an operating margin of −2.6% and an equity ratio of 8.3% in 2025, and ranks 1,986 of 2,025 in Informasjon og kommunikasjon.
From 2024 to 2025: the equity ratio fell from 24.7% to 8.3% and revenue fell by 24%.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 54 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 54 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
- critical
Consider strengthening liquidity: current liabilities are 2.9 times current assets.
Based on: Current ratio 0.35 (median 1.04).
- watch
The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?
Based on: Equity ratio 8.3% (median 27.9%).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −4.0% (median 7.9%).
- watch
The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin −2.6% (median 7.0%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 2.3% 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 | 11 | weight 30% |
|---|---|---|
| Solidity | 13 | weight 25% |
| Liquidity | 7 | weight 15% |
| Growth | 2 | weight 15% |
| Consistency | 20 | weight 15% |
Durability: 34 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Volue Technology AS?
The operating margin was −2.6% in 2025, against a median of 7.0% among companies in the Morning class Large in the same sector. Return on assets was −1.7%. The company made a loss before tax.
How solid is Volue Technology AS?
The equity ratio was 8.3% in 2025 (median 27.9%). Debt-to-equity was 10.99 (median 2.54).
What is the liquidity of Volue Technology AS like?
The current ratio was 0.35 in 2025 (median 1.04). Current assets did not cover current liabilities.
How does Volue Technology AS compare in Informasjon og kommunikasjon?
Volue Technology AS ranks 1,986 of 2,025 in Informasjon og kommunikasjon for 2025. Among companies in the Morning class Large it is number 127 of 127. Revenue changed by −24.3% from the year before.
Group accounts
The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.
Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.
We do not show the group structure, because open data does not say who owns whom.
Public contracts
- Contracts awarded since 2024
- 1
- Total awarded value since 2024
- value not stated
- 1 contracts without a stated value are not in the total.
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 27 January 2025 | Rogaland fylkeskommune | Varslingstjenester | value not stated |
| 7 January 2019 | Oslo kommune v/Vann- og avløpsetaten | Anskaffelse 150/2017 - Tilleggsmodul saksbehandling av stikkledninger | 7.6 MNOK |
| 30 October 2018 | Ålesund kommune | Anskaffelse Nye Ålesund - Intensjonskunngjøring Powel AS | value not stated |
Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.
Source: Doffin (DFØ), fetched 28 October 2026. Winners are matched on organisation number.
Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0
From the Central Coordinating Register
- Org. no.
- 976574958
- Legal form
- AS · part of a group
- Sector
- Informasjon og kommunikasjon (62.100)
- Morning company class
- Large
- Employees
- 167 registered 10 October 2026
- Founded
- 27 June 1996 30 years in operation
- Share capital
- 11.07 MNOK
- Business address
- Holtermanns veg 7, 7030 TRONDHEIM
- Municipality
- Trondheim rank 3 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
- LEI
- 54930021FEXUU5YW8630 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
- Chief executive
- Arnstein Kjesbu
- Chair of the board
- Arnstein Kjesbu
- Board member
- Bente Sollie
- Board member
- Lorents Øyvind Teigen
- Board member
- Kjetil Kvamme
- Board member
- Anita Arnevik Løseth
- Deputy member
- Stine Sofie Finholt
- Deputy member
- Roar Stavelin
- Auditor
- Pricewaterhousecoopers AS
- Accountant
- Azets Insight AS
Source: Central Coordinating Register, fetched 31 October 2026. Only names are shown.
- Parent company
- No known owner
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 30 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 | 59 | 32 | 11 | |
| Rank | 653 | 1,655 | 1,986 | |
| Operating margin | 9.0% | −2.3% | −2.6% | |
| Return on assets | 12.0% | −0.4% | −1.7% | |
| Equity ratio | 37.3% | 24.7% | 8.3% | |
| Current ratio | 0.56 | 0.47 | 0.35 | |
| Revenue growth | – | 13.3% | −24.3% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 730.0 MNOK | 827.1 MNOK | 625.9 MNOK |
| Operating profit | 65.6 MNOK | −18.9 MNOK | −16.0 MNOK |
| Profit before tax | 29.8 MNOK | −14.1 MNOK | −25.3 MNOK |
| Net profit | 14.8 MNOK | −3.7 MNOK | −19.1 MNOK |
| Financial expenses | 45.8 MNOK | 10.5 MNOK | 14.0 MNOK |
| Total assets | 630.7 MNOK | 822.1 MNOK | 653.6 MNOK |
| Current assets | 186.1 MNOK | 266.1 MNOK | 198.9 MNOK |
| Equity | 235.2 MNOK | 202.9 MNOK | 54.5 MNOK |
| Retained earnings | 216.0 MNOK | 191.9 MNOK | 43.4 MNOK |
| Total liabilities | 395.5 MNOK | 619.2 MNOK | 599.1 MNOK |
| Current liabilities | 333.4 MNOK | 568.8 MNOK | 569.8 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 31 October 2026, accounts id 6993690.
Further
Similar companies
- Netcompany Norway AS index 21, rank 1,887 · compare
- SCHIBSTED MEDIA PRODUCTS & Technology AS index 21, rank 1,896 · compare
- Remarkable AS index 18, rank 1,931 · compare
- Cognite AS index 15, rank 1,967 · compare
- Vivicta AS index 11, rank 1,982 · compare