Sector

0 companies ranked against comparable companies in four Morning company classes. Fiscal year 2018. Source: Brønnøysund Register Centre. Methodology

Ranking · 2018 · Morning class Micro

No ranked companies in this class this year.

The rank is the rank in the class. A class with fewer than ten companies is compared with the whole sector. Full ranking · Press mode

Biggest moves · Morning class Micro

Climbers and fallers need at least two fiscal years with a score. Coming when next year's figures are fetched.

Top lists in the sector · 2018 · Morning class Micro

Size

The largest by revenue and employees, and who earns the most per employee.

Highest revenue

No company meets the requirement this year.

Operating revenue.

Most employees

No company meets the requirement this year.

Employees according to the Central Coordinating Register.

Highest revenue per employee

No company meets the requirement this year.

Only companies with at least 5 employees.

Profit and balance

Who earns the most, who loses the most, and who has the strongest balance sheet.

Highest operating margin

No company meets the requirement this year.

Operating result divided by operating revenue.

Largest profit

No company meets the requirement this year.

Profit before tax.

Largest loss

No company meets the requirement this year.

Profit before tax, the largest negative.

Most solid

No company meets the requirement this year.

Equity ratio: equity divided by total assets.

Growth and movement

Who grows and falls the most in revenue, and who has climbed or fallen the most on the index since the year before.

Fastest growth

No company meets the requirement this year.

Revenue growth from the year before, only from at least NOK 10 million in revenue.

Largest revenue decline

No company meets the requirement this year.

Revenue decline from the year before, only from at least NOK 10 million in revenue.

Biggest climbers

Requires an index for two financial years.

Change in index points from the year before.

Biggest fallers

Requires an index for two financial years.

Change in index points from the year before.

The lists cover ranked companies in the class: operating companies with at least NOK 1m in revenue, without holding companies and excluded ones. Size lists (revenue, profit, employees) count each group once. Source: Brønnøysund Register Centre. Amounts in other currencies are converted at Norges Bank's rates.

Quadrant analysis

Positions in the sector · 2018 · Morning class Micro

Each company is placed by profitability and solidity, measured as a place from 0 to 100 against the others in the same sector and Morning company class. The bubble shows revenue. Hover over or tap a bubble for the figures, filter by profile or search for a company.

Too few ranked companies to draw the map.

The sector in numbers

Summary · fiscal year 2018 · Morning class Micro

0 of 1 companies have negative equity.

Companies with accounts1
Total revenue0 MNOK
Median operating margin–
Median equity ratio–
Share with a loss0%
Share with negative equity0%

All figures are for fiscal year 2018. Ranked: 0 operating companies. Holding companies, excluded companies and companies without enough data are shown but not ranked. How to read the index

  • Growth is not included in the index: it needs the previous year's accounts.
  • Consistency is not included in the index: it needs accounts for several years.

Climbers and fallers · Morning class Micro

Climbers need at least two fiscal years. They appear once next year's accounts are fetched or history is imported.

Needs attention · 2018 · Morning class Micro

No company has negative equity, a loss or weak liquidity.

Sector map · 2018 · Morning class Micro

Too few ranked companies to draw the map.

In our articles

All articles

Scenario analysis: the sector's weakest year

The sector's weakest year was 2022, with a median operating margin of −0.2%.

Based on the 9 fiscal years we have. The analysis grows as more years are fetched or imported.

Fiscal yearMedian operating marginMedian equity ratio
2018––
2019––
2020––
2021––
2022 · weakest year−0.2%14.9%
20233.4%27.9%
20243.2%30.0%
20253.6%29.9%
20260.9%22.6%

In 2022, 5 ranked companies did better than the sector, 3 about the same and 7 weaker.

Held up best in 2022

  1. 1Villa Granli ASequity ratio 55.6%66.5%
  2. 2Service 24 ASequity ratio 62.5%17.4%
  3. 3Hadeland Bobil ASequity ratio 1.6%2.9%
  4. 4Vinderen Rens ASequity ratio 6.9%2.7%
  5. 5Skedsmo Lakk og Karosseri ASequity ratio 33.5%2.2%

Better than the sector: operating margin at or above the sector median and no loss or negative equity. Weaker: operating margin below the median and a loss or negative equity. Otherwise about the same as the sector. Methodology

Drivers in the sector

Interest rates, prices and exchange rates that shape the sector's year, next to the sector's median operating margin. The drivers are context and are not part of the index.

Consumer price index (indeks (2025 = 100))

Latest value: 104.0 (2026M09)

Consumer price index rose 3.0% in 2025; the sector's median operating margin rose 0.4 percentage points.

Consumer price index per year and the sector's median operating margin
Measure202120222023202420252026
Consumer price index, annual average84.389.294.197.0100.0102.9 (so far)
Change from the year before+3.5%+5.8%+5.5%+3.2%+3.0%+2.9%
Sector's median operating margin–−0.2%3.4%3.2%3.6%0.9%

Source: SSB (14710, CC BY 4.0). Source · fetched 3 November 2026

Policy rate (prosent)

Latest value: 4.50 (2026-10)

Policy rate fell 0.20 percentage points in 2025; the sector's median operating margin rose 0.4 percentage points.

Policy rate per year and the sector's median operating margin
Measure202120222023202420252026
Policy rate, annual average0.081.323.544.504.304.17 (so far)
Change from the year before−0.28 percentage points+1.24 percentage points+2.22 percentage points+0.96 percentage points−0.20 percentage points−0.12 percentage points
Sector's median operating margin–−0.2%3.4%3.2%3.6%0.9%

Source: Norges Bank (IR, NLOD 2.0). Source · fetched 3 November 2026

When policy rate fell in 2025, 849 of 1,591 ranked companies kept their operating margin at or above the year before. Among the largest: Norsk Scania AS (11.3% → 13.9%), Bilia Norge AS (2.1% → 2.9%), Ferde AS (93.8% → 94.1%), Fjellinjen AS (92.8% → 93.1%), Møller Bil Øst AS (1.9% → 2.2%).

We show the drivers and the margin side by side and claim no cause. Sensitivity per company is not computed until we have at least 10 years of accounts per company: with three years such figures are false precision.

The sector in Norway (SSB)

The whole industry as Statistics Norway counts it: every enterprise, not only the limited companies we rank. Use these figures as background for the ranking above.

Enterprises, employment and turnover · 2024

Enterprises
18,232
+2.1% from 2023
Persons employed
29,837
+1.8% from 2023
Turnover
NOK 27.1 bn
+6.5% from 2023
Gross operating margin
17.9%
Gross operating surplus divided by turnover

All enterprises, sole proprietorships included. The table has no figures for 84, 94, 97, 98, 99.

Bankruptcies in the industry

88 enterprise bankruptcies in the last four quarters (2025K4–2026K3). Change −11.1% against the four quarters before (99).

242024K4342025K1272025K2142025K3142025K4202026K1272026K2272026K3

Source: Statistics Norway (SSB), table 12910, table 10790. CC BY 4.0. Our industry codes (SN2025) are linked to SSB’s (SN2007) with SSB’s correspondence table in Klass.

Latest bankruptcies and liquidations

  • Pigment AS 925176958 Bankruptcy · 2 November 2026 · 2 MNOK (2024)
  • Didi AS 923592555 Voluntary liquidation · 31 October 2026 · 0 MNOK (2025)
  • Frisør Kjersti AS 926661132 Voluntary liquidation · 31 October 2026 · 1 MNOK (2025)
  • Frisørstugu AS 985278601 Voluntary liquidation · 31 October 2026 · 1 MNOK (2025)
  • Kaira AS 999019870 Voluntary liquidation · 31 October 2026 · 0 MNOK (2025)
  • Kur Frisør AS 925695823 Voluntary liquidation · 31 October 2026 · 1 MNOK (2025)
  • Marias Velvære AS 998744180 Voluntary liquidation · 31 October 2026 · 0 MNOK (2025)
  • Nyseth Bilverksted AS 899608402 Voluntary liquidation · 31 October 2026 · 2 MNOK (2025)

All bankruptcies and liquidations in the sector

Industry codes (NACE)

CodeDescription
84*Hele hovedgruppe 84
84.110Generell offentlig administrasjon
84.120Offentlig administrasjon tilknyttet helsestell, undervisning, kultur og annen sosial virksomhet
84.130Offentlig administrasjon tilknyttet næringsvirksomhet og arbeidsmarked
84.220Forsvarsaktiviteter
84.250Brannvernaktiviteter
94*Hele hovedgruppe 94
94.110Aktiviteter i næringslivs- og arbeidsgiverorganisasjoner
94.120Aktiviteter i yrkessammenslutninger
94.200Aktiviteter i arbeidstakerorganisasjoner
94.910Aktiviteter i religiøse organisasjoner
94.920Aktiviteter i partipolitiske organisasjoner
94.991Aktiviteter i fond/legat som støtter veldedige og allmennyttige formål
94.992Aktiviteter i andre medlemsorganisasjoner ellers
95*Hele hovedgruppe 95
95.100Reparasjon og vedlikehold av datamaskiner og kommunikasjonsutstyr
95.210Reparasjon og vedlikehold av elektronikk til husholdningsbruk
95.220Reparasjon og vedlikehold av husholdningsvarer og hageredskaper
95.230Reparasjon og vedlikehold av skotøy og lærvarer
95.240Reparasjon og vedlikehold av møbler og boliginnredning
95.250Reparasjon og vedlikehold av ur, klokker og smykker
95.290Reparasjon og vedlikehold av andre husholdningsvarer og varer til personlig bruk ikke nevnt annet sted
95.310Reparasjon og vedlikehold av motorvogner
95.320Reparasjon og vedlikehold av motorsykler
95.400Formidlingstjenester tilknyttet reparasjon og vedlikehold av datamaskiner, husholdningsvarer og varer til personlig bruk, og motorvogner og motorsykler
96*Hele hovedgruppe 96
96.100Vaskeri- og renserivirksomhet
96.210Frisering og barbering
96.220Skjønnhetspleie
96.230Aktiviteter i dagspa, badstue og dampbad
96.300Begravelsesbyråvirksomhet og lignende tjenester
96.400Formidlingstjenester tilknyttet personlig tjenesteyting
96.910Personlig tjenesteyting i husholdninger
96.990Andre personlige tjenester ikke nevnt annet sted
97*Hele hovedgruppe 97
97.001Aktiviteter i borettslag og boligsameier
98*Hele hovedgruppe 98
99*Hele hovedgruppe 99