Sector

Informasjon og kommunikasjon

34 companies ranked against comparable companies in four Morning company classes. Fiscal year 2026. Source: Brønnøysund Register Centre. Methodology

Morning company class

Morning company classes are our own division by revenue, not an official standard: Micro NOK 1m–10 MNOK, Small 10 MNOK–50 MNOK, Medium 50 MNOK–500 MNOK, Large from 500 MNOK. Companies are ranked only against others in the same class, and every figure below is for the class you have chosen. What are Morning company classes?

Ranking · 2026 · Morning class Large

Too few companies in this class (5, at least 10 needed) for a ranking of its own. They are compared with the whole sector.

Morning class Large · 2026
#	Company	Profile	Score	Change
1	Dxc Technology Norge AS	Leader	66	+25
2	Arm Norway AS	Leader	64	+7
3	Inmarsat Solutions AS	Steward	46	−22
4	Sec Datacom AS	Builder	33	−20
5	Banqsoft AS	Builder	31	−12

Download as CSV (opens in Excel)

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

Dxc Technology Norge AS
From 2025 to 2026: went from a loss to a profit before tax and the operating margin rose from −2.4% to 9.9%.
+25
Inmarsat Solutions AS
From 2025 to 2026: revenue fell by 19%.
−22
Banqsoft AS
From 2025 to 2026: the operating margin fell from 4.7% to 2.6%.
−12
Arm Norway AS
From 2025 to 2026: the equity ratio rose from 37.1% to 48.8%.
+7

Top lists in the sector · 2026 · Morning class Large

Combined profit before tax for the 5 ranked companies: 151 MNOK.

Size

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

Highest revenue

Inmarsat Solutions AS 2,376 MNOK
Arm Norway AS 783 MNOK
Banqsoft AS 638 MNOK
Dxc Technology Norge AS 592 MNOK
Sec Datacom AS 506 MNOK

Operating revenue.

Most employees

Employees according to the Central Coordinating Register.

Highest revenue per employee

Inmarsat Solutions AS 26.1 MNOK
Sec Datacom AS 21.1 MNOK
Banqsoft AS 6.6 MNOK
Dxc Technology Norge AS 4.6 MNOK
Arm Norway AS 2.9 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

Operating result divided by operating revenue.

Largest profit

Dxc Technology Norge AS 60 MNOK
Arm Norway AS 57 MNOK
Inmarsat Solutions AS 22 MNOK
Banqsoft AS 11 MNOK
Sec Datacom AS 1 MNOK

Profit before tax.

Largest loss

No company meets the requirement this year.

Profit before tax, the largest negative.

Most solid

Inmarsat Solutions AS 58.8%
Dxc Technology Norge AS 57.2%
Arm Norway AS 48.8%
Banqsoft AS 20.4%
Sec Datacom AS 9.9%

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

Sec Datacom AS +13.2%

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

Largest revenue decline

Inmarsat Solutions AS −19.3%
Dxc Technology Norge AS −8.6%
Banqsoft AS −2.2%
Arm Norway AS −0.1%

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

Biggest climbers

Dxc Technology Norge AS +24.9 points
Arm Norway AS +7.0 points

Change in index points from the year before.

Biggest fallers

Inmarsat Solutions AS −22.8 points
Banqsoft AS −11.7 points

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 · 2026 · 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.

Bubble size shows relative revenue, not exact figures. Dashed lines show where the 4 companies that moved most stood in 2025 (small ring).

Dxc Technology Norge AS profitability 11 → 76, solidity 77 → 88
Arm Norway AS profitability 53 → 71, solidity 71 → 78
Banqsoft AS profitability 38 → 33, solidity 33 → 35
Inmarsat Solutions AS profitability 31 → 35, solidity 89 → 91

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

Company	Profile	Profitability	Solidity	In 2025 (profitability / solidity)
Dxc Technology Norge AS	Lion	76	88	11 / 77
Arm Norway AS	Lion	71	78	53 / 71
Inmarsat Solutions AS	Elephant	35	91	31 / 89
Banqsoft AS	Beaver	33	35	38 / 33
Sec Datacom AS	Beaver	23	20	–

The sector in numbers

Summary · fiscal year 2026 · Morning class Large

The sector's median operating margin is 3.3%. 0 of 5 companies have negative equity. The median equity ratio is 48.8%.

Companies with accounts5

Total revenue4,896 MNOK

Median operating margin3.3%

Median equity ratio48.8%

Share with a loss0%

Share with negative equity0%

All figures are for fiscal year 2026. Ranked: 5 operating companies. Holding companies, excluded companies and companies without enough data are shown but not ranked. How to read the index

1 company reports in another currency. Its revenue is converted at the mean rate for the accounting period and makes up 49% of the total.

Climbers and fallers · Morning class Large

Change in rank from 2025 to 2026, for 4 companies ranked in both years.

Climbers

102Dxc Technology Norge ASfrom rank 103 to 166
94Banqsoft ASfrom rank 99 to 531
43Arm Norway ASfrom rank 45 to 264
10Inmarsat Solutions ASfrom rank 13 to 346

Fallers

None.

Awards · 2026 · Morning class Large

Most profitableDxc Technology Norge AS9.9%

Fastest growthSec Datacom AS13.2%

Strongest balance sheetInmarsat Solutions AS58.8%

Largest revenueInmarsat Solutions AS2,376 MNOK

Highest revenue per employeeInmarsat Solutions AS26.1 MNOK

Needs attention · 2026 · Morning class Large

3 companies show at least one warning sign. Showing the 3 most important.

watchInmarsat Solutions ASCurrent ratio below 1 (0.99)
watchBanqsoft ASCurrent ratio below 1 (0.88)
watchSec Datacom ASVery low equity ratio (9.9%)

Sector map · 2026 · 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.

Show the map's figures as a table

Company	Operating margin	Equity ratio	Revenue
Dxc Technology Norge AS	9.9%	57.2%	592 MNOK
Arm Norway AS	6.6%	48.8%	783 MNOK
Inmarsat Solutions AS	3.3%	58.8%	2,376 MNOK
Sec Datacom AS	0.3%	9.9%	506 MNOK
Banqsoft AS	2.6%	20.4%	638 MNOK

Ownership structure (2025)

Companies with shareholder data: 21,782
Companies with one owner: 64%
Companies where one owner holds more than half: 76%
Split: companies 41% · private persons 58% · foreign 6%
Owned from the same municipality: 82%
Owners over 60 (average per company): 23%
Ownership change 2007–2025: 63% of the companies had a change in owners · majority owner changed in 42.6% · new foreign majority in 4.3%

Average per company, not weighted by size. Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.

Who owns the sector

The 34 ranked companies in 2026, weighted by revenue and split by who sits at the top of the chain of majority owners in the shareholder register for 2025.

Who owns the sector
Top of the ownership chain	Share of revenue	Companies
Foreign owners	93%	32
No majority owner	6%	1
Norwegian company without a majority owner	0%	1

The five largest owner groups hold 61% of the sector's revenue.

The largest owner groups

Inmarsat Solutions LTD · 30.4% of revenue, 1 companies (foreign owners)
Arm LTD. · 10.0% of revenue, 1 companies (foreign owners)
Kmd A/S · 8.2% of revenue, 1 companies (foreign owners)
Dxc Technology Danmark AS · 7.6% of revenue, 1 companies (foreign owners)
SONY CORPORATION · 4.4% of revenue, 1 companies (foreign owners)
Ntt Data Business Solutions AS · 4.0% of revenue, 1 companies (foreign owners)
Sony Dmg Music Entertainm Intl LTD · 3.3% of revenue, 2 companies (foreign owners)
Tech Mahindra GMBH · 2.7% of revenue, 1 companies (foreign owners)
Sectra AB · 2.4% of revenue, 1 companies (foreign owners)
Neatframe LIMITED · 2.1% of revenue, 1 companies (foreign owners)

The chain is followed while the owner holds more than half of the shares. Persons are never named. Public ownership is recognised by the owner's name (the state, a ministry, a county, a municipality). The ownership is from the shareholder register for 2025 and may have changed since. Source: the Norwegian Tax Administration's shareholder register and annual accounts from the Brønnøysund Register Centre.

In our articles

Norway's tech and media giants grow, yet the typical company earns just 5.1%
Real estate and finance earn margins eight times the typical industryNo. 13 of 22 on median operating margin
Boards in shipping, mining and oil are the oldest; one in seven shipping directors is 70 or overNo. 22 of 22 on median board age

All articles

Scenario analysis: the sector's weakest year

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.

Fiscal year	Median operating margin	Median equity ratio
2019	–	–
2020	–	–
2021	–	–
2022	4.9%	27.4%
2023	4.7%	34.6%
2024	4.8%	33.7%
2025	5.1%	33.4%
2026 · weakest year	4.1%	36.5%

In 2026, 16 ranked companies did better than the sector, 13 about the same and 5 weaker.

Held up best in 2026

1DESCARTES SYSTEMS (NORWAY) ASequity ratio 4.3%38.8%
2H5p Group ASequity ratio 39.9%29.5%
3Accigo ASequity ratio 7.6%29.0%
4Sanity ASequity ratio 39.9%22.5%
5Ntt Data Business Solutions ASequity ratio 30.4%11.5%
6Sectra Norge ASequity ratio 18.5%10.3%
7Dxc Technology Norge ASequity ratio 57.2%9.9%
8Neatframe ASequity ratio 48.7%9.7%
9Aucotec Norway ASequity ratio 10.9%8.9%
10Autodesk Norway Operations ASequity ratio 51.5%7.4%

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.

Turnover index: information and communication (indeks (2021 = 100))

Latest value: 141.9 (2026M09)

Turnover index: information and communication rose 4.6% in 2025; the sector's median operating margin rose 0.3 percentage points.

Turnover index: information and communication per year and the sector's median operating margin
Measure	2021	2022	2023	2024	2025	2026
Turnover index: information and communication, annual average	99.6	111.4	126.4	128.3	134.2	141.3 (so far)
Change from the year before	+14.7%	+11.8%	+13.5%	+1.5%	+4.6%	+5.3%
Sector's median operating margin	–	4.9%	4.7%	4.8%	5.1%	4.1%

Source: SSB (13863, CC BY 4.0). Source · fetched 7 November 2026

USD/NOK (kr)

Latest value: 9.46 (2026-10)

USD/NOK fell 3.3% in 2025; the sector's median operating margin rose 0.3 percentage points.

USD/NOK per year and the sector's median operating margin
Measure	2021	2022	2023	2024	2025	2026
USD/NOK, annual average	8.59	9.61	10.56	10.75	10.39	9.54 (so far)
Change from the year before	−8.8%	+11.9%	+9.9%	+1.7%	−3.3%	−8.2%
Sector's median operating margin	–	4.9%	4.7%	4.8%	5.1%	4.1%

Source: Norges Bank (EXR, NLOD 2.0). Source · fetched 7 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 0.3 percentage points.

Policy rate per year and the sector's median operating margin
Measure	2021	2022	2023	2024	2025	2026
Policy rate, annual average	0.08	1.32	3.54	4.50	4.30	4.17 (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	–	4.9%	4.7%	4.8%	5.1%	4.1%

Source: Norges Bank (IR, NLOD 2.0). Source · fetched 7 November 2026

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 0.3 percentage points.

Consumer price index per year and the sector's median operating margin
Measure	2021	2022	2023	2024	2025	2026
Consumer price index, annual average	84.3	89.2	94.1	97.0	100.0	102.9 (so far)
Change from the year before	+3.5%	+5.8%	+5.5%	+3.2%	+3.0%	+2.9%
Sector's median operating margin	–	4.9%	4.7%	4.8%	5.1%	4.1%

Source: SSB (14710, CC BY 4.0). Source · fetched 7 November 2026

When USD/NOK fell in 2025, 1,590 of 3,025 ranked companies kept their operating margin at or above the year before. Among the largest: Telenor Norge AS (19.4% → 21.9%), Telia Norge AS (2.4% → 20.2%), Norsk Rikskringkasting AS (−3.3% → −1.6%), TV 2 AS (3.0% → 3.8%), Tiktok Norway AS (6.9% → 7.8%).

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: 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.

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”.

Turnover index · Informasjon og kommunikasjon

141.9 index, 2021 = 100, seasonally adjusted · 2026M09
+6.9% against 2025M09.

Monthly, 2023M09 to 2026M09.

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.

Tax in the accounts

Among the 27 ranked companies with a profit, the median tax expense is 22.1% of profit before tax. Taken together, weighted by profit, it is 33.0%. 18.5% of the companies have a tax expense below 10% of their profit. The ordinary corporate tax rate is 22 per cent.

The largest profits with a tax expense below 10%

The largest profits with a tax expense below 10%
Company	Profit before tax	Tax expense	Share
Dxc Technology Norge AS	60 MNOK	−2.6 MNOK	−4.3%
Sanity AS	28 MNOK	0.0 MNOK	0.0%
Autodesk Norway Operations AS	24 MNOK	−14.0 MNOK	−58.9%
Almanakkforlaget AS	1 MNOK	0.0 MNOK	0.0%
Sec Datacom AS	1 MNOK	−0.2 MNOK	−14.9%

The tax expense is the figure in the annual accounts: tax payable plus the change in deferred tax. It is not the tax actually paid for the year. A low share often has an ordinary explanation: losses from earlier years set against the profit, dividends and gains on shares that are tax-free under the exemption method, changes in deferred tax, or tax paid abroad. Some industries also pay special taxes. The share is therefore a question to ask, not an answer. Source: annual accounts from the Brønnøysund Register Centre, our calculations.

Outlook: SSB's figures for the industry and the macro picture

Statistics Norway's own statistics for the whole industry and the companies' expectations, where SSB has them, and SSB's forecasts for the Norwegian economy. Actual figures and expectations are kept apart.

SSB has no separate turnover, investment or business tendency statistics for this sector. The macro picture covers the whole economy.

SSB's forecasts

Statistics Norway's economic forecasts (table 12880), published 15 September 2026. Marked years are forecasts.

SSB's forecasts
	2025	2026forecast	2027forecast	2028forecast	2029forecast
GDP mainland Norway	1.7 %	1.4 %	2.1 %	1.5 %	1.9 %
Unemployment rate (LFS, level)	4.5 %	4.6 %	4.4 %	4.3 %	4.2 %
Consumer price index	3.1 %	3.2 %	2.5 %	2.2 %	2.1 %
Money market rate (level)	4.4 %	4.5 %	4.6 %	4.0 %	3.8 %
Business investment	2.7 %	1.8 %	2.8 %	2.1 %	2.9 %
Annual wages	4.9 %	4.3 %	3.7 %	3.4 %	3.0 %

SSB's forecast for the current and coming years. Per cent change from the year before, level where stated. table 12880, CC BY 4.0.

Latest bankruptcies and liquidations

Ctrl Studio AS 936309453 Voluntary liquidation · 5 November 2026 · 0 MNOK (2025)
Eliot AS 832052442 Voluntary liquidation · 5 November 2026 · 0 MNOK (2025)
Kibygg AS 935980100 Voluntary liquidation · 5 November 2026
Lightstone Holdings AS 927349140 Voluntary liquidation · 5 November 2026 · 0 MNOK (2025)
Managementconsulting AS 920640664 Voluntary liquidation · 5 November 2026 · 0 MNOK (2025)
Norne Group AS 937892004 Voluntary liquidation · 5 November 2026
Wkt AS 931744143 Forced dissolution · 5 November 2026 · 8 MNOK (2025)
Adt Norway AS 913059670 Forced dissolution · 4 November 2026 · 0 MNOK (2024)

All bankruptcies and liquidations in the sector

Industry codes (NACE)

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