Sector

Forretningsmessig tjenesteyting

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42 companies ranked against comparable companies in four Morning company classes. Fiscal year 2022. Source: Brønnøysund Register Centre. Methodology

Ranking · 2022 · Morning class Medium

Morning class Medium · 2022
#CompanyProfileScoreChangeFive years
1 Aggreko Norway AS Leader 90 –
2 Direct House Arendal AS Leader 74 –
3 ISS Service Management AS Steward 62 –
4 ISS Management AS Leader 54 –
5 Haugesund Skips og Offshore Service AS Sprinter 49 –
6 Noble Drilling Norge AS Sprinter 44 –
7 Living Clean Renhold AS Sprinter 42 –
8 Imove AS Builder 30 –
9 Travelnet Krs AS Builder 18 –
10 Amploy AS Builder 8 –

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 Medium

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 · 2022 · Morning class Medium

The five largest companies account for 76% of the sector's revenue. Combined profit before tax for the 10 ranked companies: 396 MNOK.

Size

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

Highest revenue

  1. ISS Service Management AS 450 MNOK
  2. Haugesund Skips og Offshore Service AS 408 MNOK
  3. ISS Management AS 175 MNOK
  4. Aggreko Norway AS 90 MNOK
  5. Noble Drilling Norge AS 87 MNOK

Operating revenue.

Most employees

  1. ISS Service Management AS 764
  2. Noble Drilling Norge AS 579
  3. Living Clean Renhold AS 359
  4. Haugesund Skips og Offshore Service AS 213
  5. Amploy AS 149

Employees according to the Central Coordinating Register.

Highest revenue per employee

  1. Aggreko Norway AS 3.8 MNOK
  2. Travelnet Krs AS 2.6 MNOK
  3. ISS Management AS 2.1 MNOK
  4. Direct House Arendal AS 2.0 MNOK
  5. Haugesund Skips og Offshore Service AS 1.9 MNOK

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

  1. Aggreko Norway AS 15.3%
  2. Living Clean Renhold AS 7.2%
  3. Direct House Arendal AS 6.1%
  4. Haugesund Skips og Offshore Service AS 4.9%
  5. Noble Drilling Norge AS 3.8%

Operating result divided by operating revenue.

Largest profit

  1. ISS Management AS 367 MNOK
  2. Haugesund Skips og Offshore Service AS 19 MNOK
  3. Aggreko Norway AS 15 MNOK
  4. Noble Drilling Norge AS 11 MNOK
  5. Direct House Arendal AS 4 MNOK

Profit before tax.

Largest loss

  1. Imove AS −23 MNOK
  2. Amploy AS −1 MNOK
  3. Travelnet Krs AS −1 MNOK

Profit before tax, the largest negative.

Most solid

  1. ISS Management AS 86.1%
  2. Aggreko Norway AS 79.2%
  3. ISS Service Management AS 32.3%
  4. Direct House Arendal AS 26.0%
  5. Imove AS 20.7%

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 · 2022 · Morning class Medium

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.

ISS Service Management AS: 33 / 72Haugesund Skips og Offshore Service AS: 78 / 17ISS Management AS: 50 / 100Aggreko Norway AS: 83 / 86Noble Drilling Norge AS: 50 / 31Imove AS: 6 / 44Living Clean Renhold AS: 94 / 0Direct House Arendal AS: 78 / 58Amploy AS: 17 / 0Travelnet Krs AS: 11 / 000252550507575100100Solidity, percentile against peers →↑ Profitability, percentile against peers
ISS Service Management AS: 33 / 72Haugesund Skips og Offshore Service AS: 78 / 17ISS Management AS: 50 / 100Aggreko Norway AS: 83 / 86Noble Drilling Norge AS: 50 / 31Imove AS: 6 / 44Living Clean Renhold AS: 94 / 0Direct House Arendal AS: 78 / 58Amploy AS: 17 / 0Travelnet Krs AS: 11 / 000252550507575100100Solidity, percentile against peers →↑ Profitability, percentile against peers

Bubble size shows relative revenue, not exact figures.

  • Lion · LeaderHigh profitability, high solidity
  • Cheetah · SprinterHigh profitability, lower solidity
  • Elephant · StewardLower profitability, high solidity
  • Beaver · BuilderLower profitability, lower solidity
Show the positions as a list
CompanyProfileProfitabilitySolidityIn 2021 (profitability / solidity)
Living Clean Renhold ASCheetah940–
Aggreko Norway ASLion8386–
Direct House Arendal ASLion7858–
Haugesund Skips og Offshore Service ASCheetah7817–
ISS Management ASLion50100–
Noble Drilling Norge ASCheetah5031–
ISS Service Management ASElephant3372–
Amploy ASBeaver170–
Travelnet Krs ASBeaver110–
Imove ASBeaver644–
The sector in numbers

Summary · fiscal year 2022 · Morning class Medium

The sector's median operating margin is 2.0%. 4 of 11 companies have negative equity. The median equity ratio is 19.8%.

Companies with accounts11
Total revenue1,594 MNOK
Median operating margin2.0%
Median equity ratio19.8%
Share with a loss27%
Share with negative equity36%

All figures are for fiscal year 2022. Ranked: 10 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.

Climbers and fallers · Morning class Medium

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

Awards · 2022 · Morning class Medium

Most profitableAggreko Norway AS15.3%
Strongest balance sheetISS Management AS86.1%
Largest revenueISS Service Management AS450 MNOK
Highest revenue per employeeAggreko Norway AS3.8 MNOK

Needs attention · 2022 · Morning class Medium

7 companies show at least one warning sign. Showing the 7 most important.

Sector map · 2022 · Morning class Medium

Profitability against solidity for the ranked companies. Size shows revenue. Coral triangle: negative equity. Click to open the company. Outliers are placed on the edge.

Show the map's figures as a table
CompanyOperating marginEquity ratioRevenue
Aggreko Norway AS15.3%79.2%90 MNOK
Direct House Arendal AS6.1%26.0%66 MNOK
ISS Service Management AS0.2%32.3%450 MNOK
ISS Management AS0.2%86.1%175 MNOK
Haugesund Skips og Offshore Service AS4.9%6.6%408 MNOK
Noble Drilling Norge AS3.8%18.8%87 MNOK
Living Clean Renhold AS7.2%−5.9%67 MNOK
Imove AS−19.8%20.7%84 MNOK
Travelnet Krs AS−1.6%−14.3%57 MNOK
Amploy AS−2.3%−14.7%58 MNOK

Holding and investment companies · 2022

3 companies in the sector are holding or investment companies. They are kept out of the ranking above, since revenue, margins and growth say little about a company that lives from ownership. They are ranked on their own here: 2 have at least 10 MNOK in assets and are listed.

Holding and investment companies
RankCompanyScore Equity ratioReturn on assetsCurrent ratioTotal assets
1Anleggsgartner SB Holding AS60 94.5%1.0% 10.1036 MNOK
2Tax Invest AS40 71.1%1.7% 0.3110 MNOK

Score 0–100 against the other holding companies in the sector: equity ratio 40 %, return on assets 40 % and current ratio 20 %. Methodology

In our articles

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Scenario analysis: the sector's weakest year

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.

Fiscal yearMedian operating marginMedian equity ratio
2017––
2019––
2020––
20210.4%−57.3%
20224.6%18.9%
20234.1%24.5%
20243.8%24.2%
20254.3%24.4%
2026 · weakest year−3.2%33.1%

In 2026, 3 ranked companies did better than the sector, 0 about the same and 3 weaker.

Held up best in 2026

  1. 1Wings Travel Management ASequity ratio 33.4%21.7%
  2. 2Releasy ASequity ratio 3.0%6.1%
  3. 3Specsavers Norway ASequity ratio 32.7%1.8%

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 margin0.4%4.6%4.1%3.8%4.3%−3.2%

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 margin0.4%4.6%4.1%3.8%4.3%−3.2%

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

When policy rate fell in 2025, 1,072 of 2,135 ranked companies kept their operating margin at or above the year before. Among the largest: Ving Norge AS (2.1% → 2.9%), Tui Norge AS (−0.9% → 0.4%), Nes Advantage AS (1.3% → 1.7%), Norwegian Crew Services AS (0.9% → 1.6%), Securitas AS (4.0% → 5.0%).

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
24,037
+0.8% from 2023
Persons employed
135,093
−2.5% from 2023
Turnover
NOK 263.7 bn
+6.7% from 2023
Gross operating margin
15.3%
Gross operating surplus divided by turnover

All enterprises, sole proprietorships included.

Bankruptcies in the industry

194 enterprise bankruptcies in the last four quarters (2025K4–2026K3). Change +3.2% against the four quarters before (188). That is about 8.1 per 1,000 enterprises.

462024K4422025K1562025K2442025K3442025K4532026K1572026K2402026K3

Foreign-controlled enterprises · 2024

Share of enterprises
2.6%
Share of persons employed
36.2%
Share of turnover
36.9%

SSB publishes this for groups of industries only. The figures are for the group “Forretningsmessig tjenesteyting”.

Turnover index · Forretningsmessig tjenesteyting

145.4 index, 2021 = 100, seasonally adjusted · 2026M08
+2.3% against 2025M08.

Monthly, 2023M08 to 2026M08.

Source: Statistics Norway (SSB), table 12910, table 10790, table 08085, table 13863. 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

All bankruptcies and liquidations in the sector

Industry codes (NACE)

CodeDescription
77*Hele hovedgruppe 77
77.110Utleie og leasing av biler og andre lette motorvogner
77.120Utleie og leasing av lastebiler
77.210Utleie og leasing av sports- og fritidsutstyr
77.220Utleie og leasing av andre husholdningsvarer og varer til personlig bruk
77.310Utleie og leasing av landbruksmaskiner og -utstyr
77.320Utleie og leasing av bygge- og anleggsmaskiner og -utstyr
77.330Utleie og leasing av kontor- og datamaskiner
77.340Utleie og leasing av sjøtransportmateriell
77.350Utleie og leasing av lufttransportmateriell
77.390Utleie og leasing av andre maskiner og annet utstyr og materiell ikke nevnt annet sted
77.400Leasing av immateriell eiendom og lignende produkter, unntatt opphavsrettsbeskyttede verker
77.510Formidlingstjenester tilknyttet utleie og leasing av biler, campingbiler og tilhengere
77.520Formidlingstjenester tilknyttet utleie og leasing av andre materielle varer og immateriell eiendom og lignende produkter
78*Hele hovedgruppe 78
78.100Rekruttering og formidling av arbeidskraft
78.200Utleie av arbeidskraft og andre personaladministrative tjenester
79*Hele hovedgruppe 79
79.110Reisebyråvirksomhet
79.121Aktiviteter utført av utflukts- og eventarrangører
79.122Reisearrangørvirksomhet ellers
79.901Aktiviteter utført av turistkontorer og destinasjonsselskaper
79.902Guide- og reiseledervirksomhet
80*Hele hovedgruppe 80
80.010Etterforskningstjenester og private vakttjenester
80.090Vakttjenester ikke nevnt annet sted
81*Hele hovedgruppe 81
81.100Kombinerte tjenester tilknyttet eiendomsdrift
81.210Rengjøring av bygninger
81.220Utvendig rengjøring av bygninger og industriell rengjøring
81.230Annen rengjøringsvirksomhet og snømåking
81.300Beplantning av hager og parkanlegg
82*Hele hovedgruppe 82
82.100Kontortjenester
82.200Telefonvakttjenester og telefonsalg
82.300Kongress-, messe- og utstillingsvirksomhet
82.400Formidlingstjenester tilknyttet forretningsmessig tjenesteyting ikke nevnt annet sted
82.910Inkasso- og kredittopplysningsvirksomhet
82.920Pakkevirksomhet
82.990Annen forretningsmessig tjenesteyting ikke nevnt annet sted