Sector

Informasjon og kommunikasjon

Download sector report (PDF)

1,832 companies ranked against comparable companies in four Morning company classes. Fiscal year 2025. Source: Brønnøysund Register Centre. Methodology

Ranking · 2025 · Morning class Large

Morning class Large · 2025
#CompanyProfileScoreChangeFive years
1 NOVORENDER AS Leader 88 +66
2 ZENITEL NORWAY AS Leader 80 0
3 NLOGIC AS Leader 78 +8
4 INTILITY AS Leader 75 +3
5 MASTERCARD PAYMENT SERVICES NORWAY AS Leader 71 +11
6 GREEN MOUNTAIN INNLANDET AS Leader 71 −1
7 ORANGE BUSINESS DIGITAL NORWAY AS Leader 71 +54
8 IBM NORGE AS Leader 68 +15
9 WEBSTEP AS Leader 68 −1
10 BERGEN FIBER AS Leader 67 +7
11 HCL TECHNOLOGIES NORWAY AS Steward 67 −11
12 EVRY CARD SERVICES AS Leader 65 −4
13 ADRESSEAVISEN AS Steward 65 +23
14 DIPS ASsubsidiary of KERNEL AS Leader 63 −10
15 BOUVET NORGE AS Sprinter 63 −8
16 VISMA ENTERPRISE AS Sprinter 63 +9
17 ONITIO SOLUTIONS NORGE AS Leader 62 +13
18 KNOWIT SOLUTIONS CONSULTING AS Sprinter 62 +20
19 THALES NORWAY AS Sprinter 62 −10
20 KONGSBERG SATELLITE SERVICES AS Leader 62 −2
21 SIGNICAT AS Steward 62 −9
22 AMEDIA AS Leader 62 +5
23 SOFTWAREONE NO AS Steward 60 +15
24 STØ AS Leader 59 +1
25 STORY HOUSE EGMONT AS Sprinter 59 +26
26 OPERA NORWAY AS Steward 59 0
27 GYLDENDAL NORSK FORLAG AS Leader 59 +5
28 HAUGALAND KRAFT FIBER AS Leader 58 +5
29 ADVANIA NORGE AS Leader 58 +8
30 TWODAY AS Sprinter 58 −14
31 KAHOOT! AS Leader 58 −7
32 EVRY CARD ISSUING AS Sprinter 58 −4
33 VIAPLAY GROUP NORWAY AS Leader 57 +1
34 AFTENPOSTEN AS Sprinter 57 +2
35 CAPPELEN DAMM AS Steward 56 +2
36 CISCO SYSTEMS NORWAY AS Sprinter 56 +8
37 UPHEADS AS Steward 56 −8
38 SPACE NORWAY SATCOM AS Leader 56 −7
39 VISMA SOFTWARE AS Sprinter 56 +3
40 ARM NORWAY AS Steward 56 +21
41 POWEROFFICE AS Sprinter 55 +1
42 TELEPLAN GLOBE AS Sprinter 55 +5
43 GEODATA AS Sprinter 55 +2
44 BITDEER NORWAY AS Sprinter 55 −18
45 VERDENS GANG AS Leader 54 +7
46 TRIPLETEX AS Sprinter 54 −3
47 MICROSOFT DEVELOPMENT CENTER NORWAY AS Steward 54 −4
48 CEGAL AS Leader 54 0
49 TV 2 AS Steward 53 −3
50 ITERA NORGE AS Leader 52 +1

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 Large

  • ORANGE BUSINESS DIGITAL NORWAY AS

    From 2024 to 2025: the operating margin rose from 0.0% to 31.7% and went from a loss to a profit before tax.

    +54
  • REMARKABLE AS

    From 2024 to 2025: went from a profit to a loss before tax and the operating margin fell from 8.7% to −7.1%.

    −44
  • STORY HOUSE EGMONT AS

    From 2024 to 2025: the operating margin rose from 3.4% to 13.3% and revenue grew by 31%.

    +26
  • BANQSOFT AS

    From 2024 to 2025: the operating margin fell from 10.4% to 4.7% and revenue grew by 21%.

    −24
Summary analysis

Informasjon og kommunikasjon, Morning class Large: 105 ranked companies in fiscal year 2025.

Best in the sector: NOVORENDER AS (score 88, operating margin 78.0%, equity ratio 74.4%). ZENITEL NORWAY AS (score 80, operating margin 26.3%, equity ratio 49.8%). NLOGIC AS (score 78, operating margin 9.8%, equity ratio 45.9%).

Weakest in the sector: VOLUE TECHNOLOGY AS (score 11, operating margin −2.6%, equity ratio 8.3%). VIVICTA AS (score 12, operating margin −8.0%, equity ratio 0.6%). COGNITE AS (score 15, operating margin −30.6%, equity ratio −17.5%).

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Top lists in the sector · 2025 · Morning class Large

The five largest companies account for 40% of the sector's revenue. Combined profit before tax for the 105 ranked companies: 20,925 MNOK.

Highest revenue

  1. MICROSOFT NORGE AS 30,292 MNOK
  2. TELENOR NORGE AS 27,153 MNOK
  3. TELIA NORGE AS 14,137 MNOK
  4. LYSE TELE ASsubsidiary of LYSE AS 9,421 MNOK
  5. NORSK RIKSKRINGKASTING AS 6,869 MNOK

Operating revenue.

Highest operating margin

  1. NOVORENDER AS 78.0%
  2. BERGEN FIBER AS 77.5%
  3. AMEDIA AS 62.5%
  4. GREEN MOUNTAIN INNLANDET AS 44.0%
  5. POWEROFFICE AS 43.3%

Operating result divided by operating revenue.

Largest profit

  1. TELENOR NORGE AS 6,076 MNOK
  2. BERGEN FIBER AS 2,022 MNOK
  3. TELIA NORGE AS 1,779 MNOK
  4. MICROSOFT NORGE AS 1,426 MNOK
  5. GREEN MOUNTAIN INNLANDET AS 1,134 MNOK

Profit before tax.

Largest loss

  1. LYSE TELE ASsubsidiary of LYSE AS −1,528 MNOK
  2. TIETO BANKTECH NORWAY AS −783 MNOK
  3. COGNITE AS −514 MNOK
  4. FUNCOM OSLO AS −473 MNOK
  5. REMARKABLE ASsubsidiary of REMARKABLE INVEST AS −458 MNOK

Profit before tax, the largest negative.

Most solid

  1. MICROSOFT DEVELOPMENT CENTER NORWAY AS 92.4%
  2. KAHOOT! AS 82.7%
  3. OPERA NORWAY AS 80.6%
  4. HCL TECHNOLOGIES NORWAY AS 77.1%
  5. STØ AS 76.9%

Equity ratio: equity divided by total assets.

Fastest growth

  1. NOVORENDER AS +2,672.4%
  2. GREEN MOUNTAIN INNLANDET AS +411.0%
  3. BERGEN FIBER AS +354.6%
  4. FUNCOM OSLO AS +249.9%
  5. BITDEER NORWAY AS +89.7%

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

Largest revenue decline

  1. FALKOR AS −30.3%
  2. VOLUE TECHNOLOGY AS −24.3%
  3. NETNORDIC NORWAY AS −22.0%
  4. COMPUTAS AS −19.8%
  5. HCL TECHNOLOGIES NORWAY AS −13.3%

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

Biggest climbers

  1. ORANGE BUSINESS DIGITAL NORWAY AS +53.7 points
  2. STORY HOUSE EGMONT AS +26.4 points
  3. ADRESSEAVISEN AS +23.1 points
  4. ARM NORWAY AS +21.0 points
  5. SCHIBSTED MEDIA PRODUCTS & TECHNOLOGY AS +16.1 points

Change in index points from the year before.

Biggest fallers

  1. REMARKABLE ASsubsidiary of REMARKABLE INVEST AS −44.9 points
  2. BANQSOFT AS −23.8 points
  3. DISCOVERY NETWORKS NORWAY AS −22.6 points
  4. VOLUE TECHNOLOGY AS −21.1 points
  5. NAVTOR AS −19.1 points

Change in index points from the year before.

Most employees

  1. NORSK RIKSKRINGKASTING AS 4,106
  2. SOPRA STERIA AS 3,674
  3. TELENOR NORGE AS 2,723
  4. BOUVET NORGE AS 2,271
  5. TELIA NORGE AS 1,719

Employees according to the Central Coordinating Register.

Highest revenue per employee

  1. GREEN MOUNTAIN INNLANDET AS 139.5 MNOK
  2. BERGEN FIBER AS 123.9 MNOK
  3. MICROSOFT NORGE AS 117.4 MNOK
  4. NOVORENDER AS 45.0 MNOK
  5. OPERA NORWAY AS 42.7 MNOK

Only companies with at least 5 employees.

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 · 2025 · Morning class Large

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.

MICROSOFT NORGE AS: 32 / 7TELENOR NORGE AS: 78 / 30TELIA NORGE AS: 56 / 34LYSE TELE AS: 7 / 60NORSK RIKSKRINGKASTING AS: 14 / 45TV 2 AS: 37 / 56SOPRA STERIA AS: 70 / 27TIETO BANKTECH NORWAY AS: 3 / 91REMARKABLE AS: 9 / 18BOUVET NORGE AS: 77 / 48OPERA NORWAY AS: 38 / 98VIVICTA AS: 6 / 1CAPGEMINI NORGE AS: 31 / 51ACCENTURE AS: 70 / 39ADVANIA NORGE AS: 53 / 70VIKEN FIBER AS: 60 / 49BERGEN FIBER AS: 100 / 64GLOBALCONNECT AS: 32 / 44TIETO NORWAY AS: 49 / 82OMEGA 365 CONSULTING AS: 47 / 29KONGSBERG SATELLITE SERVICES AS: 62 / 89VERDENS GANG AS: 57 / 61INTILITY AS: 81 / 57TRIPLETEX AS: 94 / 5STØ AS: 58 / 96NAVTOR AS: 39 / 17VISMA SOFTWARE AS: 90 / 29CISCO SYSTEMS NORWAY AS: 64 / 25GREEN MOUNTAIN INNLANDET AS: 65 / 63ORANGE BUSINESS DIGITAL NORWAY AS: 94 / 58RIKSTV AS: 75 / 14CEGAL AS: 58 / 53SCHIBSTED MEDIA AS: 14 / 62AFTENPOSTEN AS: 73 / 33BITDEER NORWAY AS: 54 / 50EXPERIS AS: 5 / 32VISMA SOFTWARE INTERNATIONAL AS: 42 / 3EIDSIVA DIGITAL AS: 21 / 67CAPPELEN DAMM AS: 49 / 73CONSCIA NORGE AS: 23 / 19COGNITE AS: 1 / 0KAHOOT! AS: 59 / 99DISCOVERY NETWORKS NORWAY AS: 49 / 47THALES NORWAY AS: 72 / 36IBM NORGE AS: 71 / 69ZENITEL NORWAY AS: 89 / 86MNEMONIC AS: 22 / 77VISMA ENTERPRISE AS: 92 / 42VIAPLAY GROUP NORWAY AS: 52 / 66KYNDRYL SERVICES AS: 24 / 21BEKK CONSULTING AS: 81 / 20SCHIBSTED MEDIA PRODUCTS & TECHNOLOGY AS: 6 / 10PEXIP AS: 78 / 0SOFTWAREONE AS: 62 / 4NETNORDIC NORWAY AS: 65 / 38CGI NORGE AS: 41 / 80TWODAY AS: 74 / 43POWEROFFICE AS: 97 / 2MASTERCARD PAYMENT SERVICES NORWAY AS: 59 / 92EVRY CARD ISSUING AS: 93 / 26GYLDENDAL NORSK FORLAG AS: 56 / 68ALLER MEDIA AS: 15 / 88ORKLA IT AS: 47 / 46STORY HOUSE EGMONT AS: 75 / 37SPACE NORWAY SATCOM AS: 83 / 86ENTUR AS: 28 / 41WEBSTEP AS: 64 / 84NETSECURITY AS: 21 / 76MICROSOFT DEVELOPMENT CENTER NORWAY AS: 8 / 100STARLINK NORWAY AS: 69 / 9DIPS AS: 78 / 65SIGNICAT AS: 39 / 94ARM NORWAY AS: 49 / 71FALKOR AS: 4 / 93EVIDI AS: 35 / 72FUNCOM OSLO AS: 2 / 8COMPUTAS AS: 21 / 57HAUGALAND KRAFT FIBER AS: 70 / 75TELENOR MARITIME AS: 41 / 13BANQSOFT AS: 34 / 31AMEDIA AS: 62 / 87DXC TECHNOLOGY NORGE AS: 12 / 78EVRY CARD SERVICES AS: 79 / 79VOLUE TECHNOLOGY AS: 12 / 15ITERA NORGE AS: 55 / 52DN MEDIA GROUP AS: 41 / 12DAGENS NÆRINGSLIV AS: 67 / 35NORKART AS: 83 / 22UPHEADS AS: 40 / 59ASCHEHOUG AS: 15 / 85GEODATA AS: 71 / 23NETCOMPANY NORWAY AS: 9 / 24TELEPLAN GLOBE AS: 54 / 40VISMA FLYT AS: 49 / 74KNOWIT SOLUTIONS CONSULTING AS: 72 / 28ONITIO SOLUTIONS NORGE AS: 50 / 55NOVORENDER AS: 99 / 95OMEGA 365 NORWAY AS: 34 / 54ONYX CENTERSOURCE AS: 93 / 6SOFTWAREONE NO AS: 16 / 81SIMPLOYER AS: 55 / 11HCL TECHNOLOGIES NORWAY AS: 45 / 97ADRESSEAVISEN AS: 42 / 90LYSE AS: 11 / 16NLOGIC AS: 70 / 8300252550507575100100Solidity, percentile against peers →↑ Profitability, percentile against peers
MICROSOFT NORGE AS: 32 / 7TELENOR NORGE AS: 78 / 30TELIA NORGE AS: 56 / 34LYSE TELE AS: 7 / 60NORSK RIKSKRINGKASTING AS: 14 / 45TV 2 AS: 37 / 56SOPRA STERIA AS: 70 / 27TIETO BANKTECH NORWAY AS: 3 / 91REMARKABLE AS: 9 / 18BOUVET NORGE AS: 77 / 48OPERA NORWAY AS: 38 / 98VIVICTA AS: 6 / 1CAPGEMINI NORGE AS: 31 / 51ACCENTURE AS: 70 / 39ADVANIA NORGE AS: 53 / 70VIKEN FIBER AS: 60 / 49BERGEN FIBER AS: 100 / 64GLOBALCONNECT AS: 32 / 44TIETO NORWAY AS: 49 / 82OMEGA 365 CONSULTING AS: 47 / 29KONGSBERG SATELLITE SERVICES AS: 62 / 89VERDENS GANG AS: 57 / 61INTILITY AS: 81 / 57TRIPLETEX AS: 94 / 5STØ AS: 58 / 96NAVTOR AS: 39 / 17VISMA SOFTWARE AS: 90 / 29CISCO SYSTEMS NORWAY AS: 64 / 25GREEN MOUNTAIN INNLANDET AS: 65 / 63ORANGE BUSINESS DIGITAL NORWAY AS: 94 / 58RIKSTV AS: 75 / 14CEGAL AS: 58 / 53SCHIBSTED MEDIA AS: 14 / 62AFTENPOSTEN AS: 73 / 33BITDEER NORWAY AS: 54 / 50EXPERIS AS: 5 / 32VISMA SOFTWARE INTERNATIONAL AS: 42 / 3EIDSIVA DIGITAL AS: 21 / 67CAPPELEN DAMM AS: 49 / 73CONSCIA NORGE AS: 23 / 19COGNITE AS: 1 / 0KAHOOT! AS: 59 / 99DISCOVERY NETWORKS NORWAY AS: 49 / 47THALES NORWAY AS: 72 / 36IBM NORGE AS: 71 / 69ZENITEL NORWAY AS: 89 / 86MNEMONIC AS: 22 / 77VISMA ENTERPRISE AS: 92 / 42VIAPLAY GROUP NORWAY AS: 52 / 66KYNDRYL SERVICES AS: 24 / 21BEKK CONSULTING AS: 81 / 20SCHIBSTED MEDIA PRODUCTS & TECHNOLOGY AS: 6 / 10PEXIP AS: 78 / 0SOFTWAREONE AS: 62 / 4NETNORDIC NORWAY AS: 65 / 38CGI NORGE AS: 41 / 80TWODAY AS: 74 / 43POWEROFFICE AS: 97 / 2MASTERCARD PAYMENT SERVICES NORWAY AS: 59 / 92EVRY CARD ISSUING AS: 93 / 26GYLDENDAL NORSK FORLAG AS: 56 / 68ALLER MEDIA AS: 15 / 88ORKLA IT AS: 47 / 46STORY HOUSE EGMONT AS: 75 / 37SPACE NORWAY SATCOM AS: 83 / 86ENTUR AS: 28 / 41WEBSTEP AS: 64 / 84NETSECURITY AS: 21 / 76MICROSOFT DEVELOPMENT CENTER NORWAY AS: 8 / 100STARLINK NORWAY AS: 69 / 9DIPS AS: 78 / 65SIGNICAT AS: 39 / 94ARM NORWAY AS: 49 / 71FALKOR AS: 4 / 93EVIDI AS: 35 / 72FUNCOM OSLO AS: 2 / 8COMPUTAS AS: 21 / 57HAUGALAND KRAFT FIBER AS: 70 / 75TELENOR MARITIME AS: 41 / 13BANQSOFT AS: 34 / 31AMEDIA AS: 62 / 87DXC TECHNOLOGY NORGE AS: 12 / 78EVRY CARD SERVICES AS: 79 / 79VOLUE TECHNOLOGY AS: 12 / 15ITERA NORGE AS: 55 / 52DN MEDIA GROUP AS: 41 / 12DAGENS NÆRINGSLIV AS: 67 / 35NORKART AS: 83 / 22UPHEADS AS: 40 / 59ASCHEHOUG AS: 15 / 85GEODATA AS: 71 / 23NETCOMPANY NORWAY AS: 9 / 24TELEPLAN GLOBE AS: 54 / 40VISMA FLYT AS: 49 / 74KNOWIT SOLUTIONS CONSULTING AS: 72 / 28ONITIO SOLUTIONS NORGE AS: 50 / 55NOVORENDER AS: 99 / 95OMEGA 365 NORWAY AS: 34 / 54ONYX CENTERSOURCE AS: 93 / 6SOFTWAREONE NO AS: 16 / 81SIMPLOYER AS: 55 / 11HCL TECHNOLOGIES NORWAY AS: 45 / 97ADRESSEAVISEN AS: 42 / 90LYSE AS: 11 / 16NLOGIC AS: 70 / 8300252550507575100100Solidity, percentile against peers →↑ Profitability, percentile against peers

Bubble size shows relative revenue, not exact figures. Dashed lines show where the 5 companies that moved most stood in 2024 (small ring).

  • 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 2024 (profitability / solidity)
BERGEN FIBER ASLion1006462 / 88
NOVORENDER ASLion9995–
POWEROFFICE ASCheetah97299 / 0
TRIPLETEX ASCheetah94596 / 4
ORANGE BUSINESS DIGITAL NORWAY ASLion945819 / 18
EVRY CARD ISSUING ASCheetah932694 / 41
ONYX CENTERSOURCE ASCheetah93696 / 3
VISMA ENTERPRISE ASCheetah924293 / 39
VISMA SOFTWARE ASCheetah902991 / 16
ZENITEL NORWAY ASLion898692 / 79
SPACE NORWAY SATCOM ASLion838687 / 82
NORKART ASCheetah832283 / 14
INTILITY ASLion815784 / 54
BEKK CONSULTING ASCheetah812086 / 11
EVRY CARD SERVICES ASLion797983 / 71
DIPS ASLion786573 / 72
TELENOR NORGE ASCheetah783078 / 22
PEXIP ASCheetah78069 / 33
BOUVET NORGE ASCheetah774882 / 55
STORY HOUSE EGMONT ASCheetah753744 / 28
RIKSTV ASCheetah751452 / 15
TWODAY ASCheetah744371 / 49
AFTENPOSTEN ASCheetah733378 / 29
KNOWIT SOLUTIONS CONSULTING ASCheetah7228–
THALES NORWAY ASCheetah723663 / 76
GEODATA ASCheetah712374 / 9
IBM NORGE ASLion716937 / 61
NLOGIC ASLion7083–
HAUGALAND KRAFT FIBER ASLion707573 / 66
ACCENTURE ASCheetah703974 / 34
SOPRA STERIA ASCheetah702775 / 23
STARLINK NORWAY ASCheetah69954 / 7
DAGENS NÆRINGSLIV ASCheetah673554 / 38
GREEN MOUNTAIN INNLANDET ASLion6563–
NETNORDIC NORWAY ASCheetah653837 / 31
CISCO SYSTEMS NORWAY ASCheetah642571 / 25
WEBSTEP ASLion648472 / 69
KONGSBERG SATELLITE SERVICES ASLion628969 / 90
AMEDIA ASLion628765 / 85
SOFTWAREONE ASCheetah62495 / 6
VIKEN FIBER ASCheetah604962 / 51
MASTERCARD PAYMENT SERVICES NORWAY ASLion599219 / 94
KAHOOT! ASLion599968 / 98
STØ ASLion589641 / 95
CEGAL ASLion585361 / 64
VERDENS GANG ASLion576123 / 75
GYLDENDAL NORSK FORLAG ASLion566859 / 58
TELIA NORGE ASCheetah563423 / 32
ITERA NORGE ASLion555255 / 56
SIMPLOYER ASCheetah5511–
TELEPLAN GLOBE ASCheetah5440–
BITDEER NORWAY ASCheetah545046 / 89
ADVANIA NORGE ASLion537061 / 65
VIAPLAY GROUP NORWAY ASLion526661 / 77
ONITIO SOLUTIONS NORGE ASLion5055–
TIETO NORWAY ASElephant498255 / 83
DISCOVERY NETWORKS NORWAY ASBeaver494741 / 96
CAPPELEN DAMM ASElephant497356 / 63
ARM NORWAY ASElephant497144 / 21
VISMA FLYT ASElephant497446 / 73
ORKLA IT ASBeaver474643 / 40
OMEGA 365 CONSULTING ASBeaver472952 / 26
HCL TECHNOLOGIES NORWAY ASElephant459752 / 92
VISMA SOFTWARE INTERNATIONAL ASBeaver42323 / 1
ADRESSEAVISEN ASElephant429050 / 24
TELENOR MARITIME ASBeaver411346 / 12
CGI NORGE ASElephant41806 / 80
DN MEDIA GROUP ASBeaver411233 / 2
UPHEADS ASElephant405969 / 68
SIGNICAT ASElephant399456 / 99
NAVTOR ASBeaver391751 / 48
OPERA NORWAY ASElephant389876 / 46
TV 2 ASElephant375634 / 67
EVIDI ASElephant357214 / 78
BANQSOFT ASBeaver343171 / 52
OMEGA 365 NORWAY ASElephant345475 / 59
MICROSOFT NORGE ASBeaver32737 / 5
GLOBALCONNECT ASBeaver324415 / 45
CAPGEMINI NORGE ASElephant315131 / 36
ENTUR ASBeaver284127 / 37
KYNDRYL SERVICES ASBeaver242134 / 17
CONSCIA NORGE ASBeaver231954 / 27
MNEMONIC ASElephant227746 / 62
NETSECURITY ASElephant217621 / 81
COMPUTAS ASElephant215738 / 57
EIDSIVA DIGITAL ASElephant216735 / 35
SOFTWAREONE NO ASElephant1681–
ASCHEHOUG ASElephant1585–
ALLER MEDIA ASElephant158812 / 91
SCHIBSTED MEDIA ASElephant146215 / 84
NORSK RIKSKRINGKASTING ASBeaver144513 / 60
DXC TECHNOLOGY NORGE ASElephant12787 / 74
VOLUE TECHNOLOGY ASBeaver121516 / 44
LYSE ASBeaver1116–
NETCOMPANY NORWAY ASBeaver9245 / 43
REMARKABLE ASBeaver91860 / 47
MICROSOFT DEVELOPMENT CENTER NORWAY ASElephant81008 / 100
LYSE TELE ASElephant76010 / 42
SCHIBSTED MEDIA PRODUCTS & TECHNOLOGY ASBeaver6102 / 8
VIVICTA ASBeaver614 / 19
EXPERIS ASBeaver5329 / 53
FALKOR ASElephant4935 / 87
TIETO BANKTECH NORWAY ASElephant39128 / 93
FUNCOM OSLO ASBeaver28–
COGNITE ASBeaver101 / 13
The sector in numbers

Summary · fiscal year 2025 · Morning class Large

The sector's median operating margin is 7.0%. 1 of 105 companies have negative equity. The median equity ratio is 27.8%.

Companies with accounts105
Total revenue221,612 MNOK
Median operating margin7.0%
Median equity ratio27.8%
Share with a loss20%
Share with negative equity1%

All figures are for fiscal year 2025. Ranked: 105 operating companies. Holding companies, excluded companies and companies without enough data are shown but not ranked. How to read the index

  • 3 companies report in another currency. Their revenue is converted at the mean rate for the accounting period and makes up 4% of the total.

Climbers and fallers · Morning class Large

Change in rank from 2024 to 2025, for 94 companies ranked in both years.

Climbers

  1. 87ORANGE BUSINESS DIGITAL NORWAY ASfrom rank 94 to 771
  2. 58STORY HOUSE EGMONT ASfrom rank 83 to 2559
  3. 56ADRESSEAVISEN ASfrom rank 69 to 1365
  4. 40ARM NORWAY ASfrom rank 80 to 4056
  5. 36IBM NORGE ASfrom rank 44 to 868

Fallers

  1. 85REMARKABLE ASfrom rank 17 to 10219
  2. 67BANQSOFT ASfrom rank 14 to 8141
  3. 61DISCOVERY NETWORKS NORWAY ASfrom rank 12 to 7345
  4. 56NAVTOR ASfrom rank 23 to 7941
  5. 47TIETO BANKTECH NORWAY ASfrom rank 19 to 6649

Awards · 2025 · Morning class Large

Most profitableNOVORENDER AS78.0%
Fastest growthNOVORENDER AS2,672.4%
Strongest balance sheetMICROSOFT DEVELOPMENT CENTER NORWAY AS92.4%
Largest revenueMICROSOFT NORGE AS30,292 MNOK
Highest revenue per employeeGREEN MOUNTAIN INNLANDET AS139.5 MNOK

Needs attention · 2025 · Morning class Large

56 companies show at least one warning sign. Showing the 15 most important.

Sector map · 2025 · Morning class Large

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.

−20%−10%0%10%20%30%40%0%20%40%60%Operating margin (profitability) →Equity ratio (solidity) →MICROSOFT NORGE AS: operating margin 4.5%, equity ratio 3.5%, rank 83TELENOR NORGE AS: operating margin 21.9%, equity ratio 18.0%, rank 71TELIA NORGE AS: operating margin 20.2%, equity ratio 19.2%, rank 86LYSE TELE AS: operating margin −12.1%, equity ratio 33.7%, rank 74NORSK RIKSKRINGKASTING AS: operating margin −1.6%, equity ratio 23.7%, rank 95TV 2 AS: operating margin 3.8%, equity ratio 30.0%, rank 49SOPRA STERIA AS: operating margin 8.9%, equity ratio 15.0%, rank 60TIETO BANKTECH NORWAY AS: operating margin −17.5%, equity ratio 67.4%, rank 66REMARKABLE AS: operating margin −7.1%, equity ratio 10.4%, rank 102BOUVET NORGE AS: operating margin 12.4%, equity ratio 27.0%, rank 15OPERA NORWAY AS: operating margin 5.0%, equity ratio 80.6%, rank 26VIVICTA AS: operating margin −8.0%, equity ratio 0.6%, rank 104CAPGEMINI NORGE AS: operating margin 1.6%, equity ratio 28.5%, rank 76ACCENTURE AS: operating margin 9.5%, equity ratio 20.0%, rank 52ADVANIA NORGE AS: operating margin 6.9%, equity ratio 36.9%, rank 29VIKEN FIBER AS: operating margin 23.5%, equity ratio 27.8%, rank 65BERGEN FIBER AS: operating margin 77.5%, equity ratio 34.6%, rank 10GLOBALCONNECT AS: operating margin 6.5%, equity ratio 23.5%, rank 96TIETO NORWAY AS: operating margin 8.3%, equity ratio 44.8%, rank 67OMEGA 365 CONSULTING AS: operating margin 4.1%, equity ratio 17.1%, rank 70KONGSBERG SATELLITE SERVICES AS: operating margin 18.0%, equity ratio 56.3%, rank 20VERDENS GANG AS: operating margin 6.5%, equity ratio 34.0%, rank 45INTILITY AS: operating margin 14.0%, equity ratio 30.6%, rank 4TRIPLETEX AS: operating margin 40.0%, equity ratio 2.6%, rank 46STØ AS: operating margin 15.6%, equity ratio 76.9%, rank 24NAVTOR AS: operating margin 5.9%, equity ratio 8.8%, rank 79VISMA SOFTWARE AS: operating margin 27.9%, equity ratio 15.9%, rank 39CISCO SYSTEMS NORWAY AS: operating margin 7.3%, equity ratio 13.7%, rank 36GREEN MOUNTAIN INNLANDET AS: operating margin 44.0%, equity ratio 34.6%, rank 6ORANGE BUSINESS DIGITAL NORWAY AS: operating margin 31.7%, equity ratio 31.6%, rank 7RIKSTV AS: operating margin 12.2%, equity ratio 8.1%, rank 75CEGAL AS: operating margin 9.3%, equity ratio 28.9%, rank 48SCHIBSTED MEDIA AS: operating margin −10.3%, equity ratio 34.6%, rank 78AFTENPOSTEN AS: operating margin 9.8%, equity ratio 18.9%, rank 34BITDEER NORWAY AS: operating margin 10.4%, equity ratio 27.8%, rank 44EXPERIS AS: operating margin −7.9%, equity ratio 18.6%, rank 100VISMA SOFTWARE INTERNATIONAL AS: operating margin 2.6%, equity ratio 1.6%, rank 94EIDSIVA DIGITAL AS: operating margin 2.9%, equity ratio 35.7%, rank 82CAPPELEN DAMM AS: operating margin 7.0%, equity ratio 38.5%, rank 35CONSCIA NORGE AS: operating margin 2.7%, equity ratio 10.4%, rank 92COGNITE AS: operating margin −30.6%, equity ratio −17.5%, rank 103KAHOOT! AS: operating margin 25.5%, equity ratio 82.7%, rank 31DISCOVERY NETWORKS NORWAY AS: operating margin 10.3%, equity ratio 25.8%, rank 73THALES NORWAY AS: operating margin 15.7%, equity ratio 19.4%, rank 19IBM NORGE AS: operating margin 16.4%, equity ratio 36.6%, rank 8ZENITEL NORWAY AS: operating margin 26.3%, equity ratio 49.8%, rank 2MNEMONIC AS: operating margin 1.1%, equity ratio 41.8%, rank 64VISMA ENTERPRISE AS: operating margin 31.0%, equity ratio 22.0%, rank 16VIAPLAY GROUP NORWAY AS: operating margin 5.6%, equity ratio 35.5%, rank 33KYNDRYL SERVICES AS: operating margin 2.3%, equity ratio 10.7%, rank 88BEKK CONSULTING AS: operating margin 14.0%, equity ratio 10.7%, rank 59SCHIBSTED MEDIA PRODUCTS & TECHNOLOGY AS: operating margin −9.6%, equity ratio 4.2%, rank 101PEXIP AS: operating margin 21.6%, equity ratio 0.1%, rank 85SOFTWAREONE AS: operating margin 26.2%, equity ratio 2.6%, rank 89NETNORDIC NORWAY AS: operating margin 9.0%, equity ratio 19.6%, rank 69CGI NORGE AS: operating margin 4.3%, equity ratio 42.2%, rank 62TWODAY AS: operating margin 11.6%, equity ratio 22.4%, rank 30POWEROFFICE AS: operating margin 43.3%, equity ratio 0.8%, rank 41MASTERCARD PAYMENT SERVICES NORWAY AS: operating margin 12.8%, equity ratio 67.5%, rank 5EVRY CARD ISSUING AS: operating margin 34.4%, equity ratio 14.3%, rank 32GYLDENDAL NORSK FORLAG AS: operating margin 10.1%, equity ratio 35.8%, rank 27ALLER MEDIA AS: operating margin −1.0%, equity ratio 51.5%, rank 87ORKLA IT AS: operating margin 5.4%, equity ratio 24.5%, rank 51STORY HOUSE EGMONT AS: operating margin 13.3%, equity ratio 19.4%, rank 25SPACE NORWAY SATCOM AS: operating margin 41.0%, equity ratio 49.3%, rank 38ENTUR AS: operating margin 3.3%, equity ratio 21.3%, rank 58WEBSTEP AS: operating margin 9.3%, equity ratio 46.6%, rank 9NETSECURITY AS: operating margin 2.5%, equity ratio 39.4%, rank 53MICROSOFT DEVELOPMENT CENTER NORWAY AS: operating margin −25.9%, equity ratio 92.4%, rank 47STARLINK NORWAY AS: operating margin 5.5%, equity ratio 4.0%, rank 57DIPS AS: operating margin 24.4%, equity ratio 35.0%, rank 14SIGNICAT AS: operating margin 9.7%, equity ratio 74.3%, rank 21ARM NORWAY AS: operating margin 6.5%, equity ratio 37.1%, rank 40FALKOR AS: operating margin −32.3%, equity ratio 70.0%, rank 84EVIDI AS: operating margin 6.0%, equity ratio 37.4%, rank 54FUNCOM OSLO AS: operating margin −68.1%, equity ratio 3.9%, rank 93COMPUTAS AS: operating margin 0.7%, equity ratio 31.1%, rank 91HAUGALAND KRAFT FIBER AS: operating margin 25.3%, equity ratio 39.3%, rank 28TELENOR MARITIME AS: operating margin 4.0%, equity ratio 7.9%, rank 98BANQSOFT AS: operating margin 4.7%, equity ratio 18.6%, rank 81AMEDIA AS: operating margin 62.5%, equity ratio 50.8%, rank 22DXC TECHNOLOGY NORGE AS: operating margin −2.4%, equity ratio 41.8%, rank 77EVRY CARD SERVICES AS: operating margin 15.4%, equity ratio 41.9%, rank 12VOLUE TECHNOLOGY AS: operating margin −2.6%, equity ratio 8.3%, rank 105ITERA NORGE AS: operating margin 4.4%, equity ratio 28.7%, rank 50DN MEDIA GROUP AS: operating margin −0.6%, equity ratio 7.8%, rank 90DAGENS NÆRINGSLIV AS: operating margin 10.9%, equity ratio 19.2%, rank 63NORKART AS: operating margin 16.2%, equity ratio 11.0%, rank 61UPHEADS AS: operating margin 8.3%, equity ratio 32.8%, rank 37ASCHEHOUG AS: operating margin −3.1%, equity ratio 47.2%, rank 68GEODATA AS: operating margin 15.7%, equity ratio 12.0%, rank 43NETCOMPANY NORWAY AS: operating margin −5.4%, equity ratio 13.2%, rank 99TELEPLAN GLOBE AS: operating margin 9.2%, equity ratio 20.8%, rank 42VISMA FLYT AS: operating margin 5.7%, equity ratio 38.6%, rank 55KNOWIT SOLUTIONS CONSULTING AS: operating margin 13.0%, equity ratio 15.8%, rank 18ONITIO SOLUTIONS NORGE AS: operating margin 5.6%, equity ratio 29.5%, rank 17NOVORENDER AS: operating margin 78.0%, equity ratio 74.4%, rank 1OMEGA 365 NORWAY AS: operating margin 3.3%, equity ratio 29.3%, rank 56ONYX CENTERSOURCE AS: operating margin 29.0%, equity ratio 2.9%, rank 72SOFTWAREONE NO AS: operating margin −0.9%, equity ratio 44.4%, rank 23SIMPLOYER AS: operating margin 6.3%, equity ratio 6.2%, rank 80HCL TECHNOLOGIES NORWAY AS: operating margin 6.6%, equity ratio 77.1%, rank 11ADRESSEAVISEN AS: operating margin 3.4%, equity ratio 63.5%, rank 13LYSE AS: operating margin −69.2%, equity ratio 8.8%, rank 97NLOGIC AS: operating margin 9.8%, equity ratio 45.9%, rank 3
Show the map's figures as a table
CompanyOperating marginEquity ratioRevenue
NOVORENDER AS78.0%74.4%540 MNOK
ZENITEL NORWAY AS26.3%49.8%1,148 MNOK
NLOGIC AS9.8%45.9%502 MNOK
INTILITY AS14.0%30.6%1,808 MNOK
MASTERCARD PAYMENT SERVICES NORWAY AS12.8%67.5%907 MNOK
GREEN MOUNTAIN INNLANDET AS44.0%34.6%1,535 MNOK
ORANGE BUSINESS DIGITAL NORWAY AS31.7%31.6%1,508 MNOK
IBM NORGE AS16.4%36.6%1,155 MNOK
WEBSTEP AS9.3%46.6%835 MNOK
BERGEN FIBER AS77.5%34.6%2,602 MNOK
HCL TECHNOLOGIES NORWAY AS6.6%77.1%531 MNOK
EVRY CARD SERVICES AS15.4%41.9%631 MNOK
ADRESSEAVISEN AS3.4%63.5%525 MNOK
DIPS AS24.4%35.0%790 MNOK
BOUVET NORGE AS12.4%27.0%3,837 MNOK
VISMA ENTERPRISE AS31.0%22.0%1,112 MNOK
ONITIO SOLUTIONS NORGE AS5.6%29.5%556 MNOK
KNOWIT SOLUTIONS CONSULTING AS13.0%15.8%564 MNOK
THALES NORWAY AS15.7%19.4%1,156 MNOK
KONGSBERG SATELLITE SERVICES AS18.0%56.3%2,073 MNOK
SIGNICAT AS9.7%74.3%785 MNOK
AMEDIA AS62.5%50.8%650 MNOK
SOFTWAREONE NO AS−0.9%44.4%535 MNOK
STØ AS15.6%76.9%1,636 MNOK
STORY HOUSE EGMONT AS13.3%19.4%856 MNOK
OPERA NORWAY AS5.0%80.6%3,540 MNOK
GYLDENDAL NORSK FORLAG AS10.1%35.8%872 MNOK
HAUGALAND KRAFT FIBER AS25.3%39.3%688 MNOK
ADVANIA NORGE AS6.9%36.9%2,777 MNOK
TWODAY AS11.6%22.4%929 MNOK
KAHOOT! AS25.5%82.7%1,172 MNOK
EVRY CARD ISSUING AS34.4%14.3%900 MNOK
VIAPLAY GROUP NORWAY AS5.6%35.5%1,099 MNOK
AFTENPOSTEN AS9.8%18.9%1,351 MNOK
CAPPELEN DAMM AS7.0%38.5%1,196 MNOK
CISCO SYSTEMS NORWAY AS7.3%13.7%1,536 MNOK
UPHEADS AS8.3%32.8%585 MNOK
SPACE NORWAY SATCOM AS41.0%49.3%840 MNOK
VISMA SOFTWARE AS27.9%15.9%1,568 MNOK
ARM NORWAY AS6.5%37.1%784 MNOK
POWEROFFICE AS43.3%0.8%925 MNOK
TELEPLAN GLOBE AS9.2%20.8%569 MNOK
GEODATA AS15.7%12.0%575 MNOK
BITDEER NORWAY AS10.4%27.8%1,296 MNOK
VERDENS GANG AS6.5%34.0%2,008 MNOK
TRIPLETEX AS40.0%2.6%1,653 MNOK
MICROSOFT DEVELOPMENT CENTER NORWAY AS−25.9%92.4%832 MNOK
CEGAL AS9.3%28.9%1,422 MNOK
TV 2 AS3.8%30.0%6,414 MNOK
ITERA NORGE AS4.4%28.7%616 MNOK
ORKLA IT AS5.4%24.5%857 MNOK
ACCENTURE AS9.5%20.0%3,079 MNOK
NETSECURITY AS2.5%39.4%835 MNOK
EVIDI AS6.0%37.4%768 MNOK
VISMA FLYT AS5.7%38.6%566 MNOK
OMEGA 365 NORWAY AS3.3%29.3%539 MNOK
STARLINK NORWAY AS5.5%4.0%831 MNOK
ENTUR AS3.3%21.3%840 MNOK
BEKK CONSULTING AS14.0%10.7%1,061 MNOK
SOPRA STERIA AS8.9%15.0%5,983 MNOK
NORKART AS16.2%11.0%600 MNOK
CGI NORGE AS4.3%42.2%934 MNOK
DAGENS NÆRINGSLIV AS10.9%19.2%603 MNOK
MNEMONIC AS1.1%41.8%1,120 MNOK
VIKEN FIBER AS23.5%27.8%2,605 MNOK
TIETO BANKTECH NORWAY AS−17.5%67.4%4,423 MNOK
TIETO NORWAY AS8.3%44.8%2,157 MNOK
ASCHEHOUG AS−3.1%47.2%581 MNOK
NETNORDIC NORWAY AS9.0%19.6%937 MNOK
OMEGA 365 CONSULTING AS4.1%17.1%2,127 MNOK
TELENOR NORGE AS21.9%18.0%27,153 MNOK
ONYX CENTERSOURCE AS29.0%2.9%537 MNOK
DISCOVERY NETWORKS NORWAY AS10.3%25.8%1,172 MNOK
LYSE TELE AS−12.1%33.7%9,421 MNOK
RIKSTV AS12.2%8.1%1,498 MNOK
CAPGEMINI NORGE AS1.6%28.5%3,244 MNOK
DXC TECHNOLOGY NORGE AS−2.4%41.8%648 MNOK
SCHIBSTED MEDIA AS−10.3%34.6%1,403 MNOK
NAVTOR AS5.9%8.8%1,585 MNOK
SIMPLOYER AS6.3%6.2%532 MNOK
BANQSOFT AS4.7%18.6%653 MNOK
EIDSIVA DIGITAL AS2.9%35.7%1,221 MNOK
MICROSOFT NORGE AS4.5%3.5%30,292 MNOK
FALKOR AS−32.3%70.0%784 MNOK
PEXIP AS21.6%0.1%982 MNOK
TELIA NORGE AS20.2%19.2%14,137 MNOK
ALLER MEDIA AS−1.0%51.5%867 MNOK
KYNDRYL SERVICES AS2.3%10.7%1,069 MNOK
SOFTWAREONE AS26.2%2.6%959 MNOK
DN MEDIA GROUP AS−0.6%7.8%604 MNOK
COMPUTAS AS0.7%31.1%691 MNOK
CONSCIA NORGE AS2.7%10.4%1,183 MNOK
FUNCOM OSLO AS−68.1%3.9%708 MNOK
VISMA SOFTWARE INTERNATIONAL AS2.6%1.6%1,243 MNOK
NORSK RIKSKRINGKASTING AS−1.6%23.7%6,869 MNOK
GLOBALCONNECT AS6.5%23.5%2,162 MNOK
LYSE AS−69.2%8.8%505 MNOK
TELENOR MARITIME AS4.0%7.9%673 MNOK
NETCOMPANY NORWAY AS−5.4%13.2%570 MNOK
EXPERIS AS−7.9%18.6%1,282 MNOK
SCHIBSTED MEDIA PRODUCTS & TECHNOLOGY AS−9.6%4.2%1,052 MNOK
REMARKABLE AS−7.1%10.4%4,403 MNOK
COGNITE AS−30.6%−17.5%1,176 MNOK
VIVICTA AS−8.0%0.6%3,339 MNOK
VOLUE TECHNOLOGY AS−2.6%8.3%626 MNOK

Scenario analysis: the sector's weakest year

The sector's weakest year was 2026, with a median operating margin of 4.8%.

Based on the 8 fiscal years we have. The analysis grows as more years are fetched or imported.

Fiscal yearMedian operating marginMedian equity ratio
2019––
2020––
2021––
20227.7%30.5%
20235.0%36.3%
20245.2%35.0%
20255.8%34.4%
2026 · weakest year4.8%39.6%

In 2026, 10 ranked companies did better than the sector, 7 about the same and 2 weaker.

Held up best in 2026

  1. 1H5P GROUP ASequity ratio 39.9%29.5%
  2. 2ACCIGO ASequity ratio 7.6%29.0%
  3. 3NTT DATA BUSINESS SOLUTIONS ASequity ratio 30.4%11.5%
  4. 4DXC TECHNOLOGY NORGE ASequity ratio 57.2%9.9%
  5. 5NEATFRAME ASequity ratio 48.7%9.7%
  6. 6AUTODESK NORWAY OPERATIONS ASequity ratio 51.5%7.4%
  7. 7ARM NORWAY ASequity ratio 48.8%6.6%
  8. 8SONY MUSIC ENTERTAINMENT NORWAY ASequity ratio 48.0%6.0%
  9. 9STRATSYS NORGE ASequity ratio 33.4%5.1%
  10. 10ALMANAKKFORLAGET ASequity ratio 24.1%4.8%

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

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
23,538
+3.5% from 2023
Persons employed
113,952
+0.6% from 2023
Turnover
NOK 424.7 bn
+10.2% from 2023
Gross operating margin
14.6%
Gross operating surplus divided by turnover

All enterprises, sole proprietorships included.

Bankruptcies in the industry

156 enterprise bankruptcies in the last four quarters (2025K4–2026K3). Change −13.8% against the four quarters before (181). That is about 6.6 per 1,000 enterprises.

432024K4462025K1512025K2412025K3402025K4412026K1522026K2232026K3

Foreign-controlled enterprises · 2024

Share of enterprises
5.7%
Share of persons employed
40.1%
Share of turnover
50.3%

SSB publishes this for groups of industries only. The figures are for the group “Informasjon og kommunikasjon”.

Source: Statistics Norway (SSB), table 12910, table 10790, table 08085. 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
58*Hele hovedgruppe 58
58.110Utgivelse av bøker
58.120Utgivelse av aviser
58.130Utgivelse av blader og tidsskrifter
58.190Utgivelsesvirksomhet ellers, unntatt utgivelse av programvare
58.210Utgivelse av programvare for dataspill
58.290Utgivelse av annen programvare
59*Hele hovedgruppe 59
59.110Produksjon av film, video og fjernsynsprogrammer
59.120Etterarbeid knyttet til produksjon av film, video og fjernsynsprogrammer
59.130Distribusjon av film og video
59.140Filmfremvisning
59.200Produksjon og utgivelse av musikk- og lydopptak
60*Hele hovedgruppe 60
60.100Radiokringkasting og distribuering av musikk og andre lydmedier
60.200Fjernsynsprogramvirksomhet, kringkasting og distribuering av audiovisuelle medier
60.310Nyhetsbyråvirksomhet
60.390Annen virksomhet for distribuering av innhold
61*Hele hovedgruppe 61
61.100Kabelbasert, satellittbasert og trådløs telekommunikasjon
61.200Videresalg av telekommunikasjon og formidlingstjenester tilknyttet telekommunikasjon
61.900Telekommunikasjon ellers
62*Hele hovedgruppe 62
62.100Dataprogrammeringstjenester
62.200Konsulentvirksomhet tilknyttet informasjonsteknologi og forvaltning og drift av it-systemer
62.900Andre tjenester tilknyttet informasjonsteknologi
63*Hele hovedgruppe 63
63.100Datainfrastruktur, -behandling, -lagring og tilknyttede tjenester
63.910Drift av søkemotorer
63.920Andre informasjonstjenester