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FollowDownload sector report (PDF)811 companies ranked against comparable companies in four Morning company classes. Fiscal year 2024. Source: Brønnøysund Register Centre. Methodology
Ranking · 2024 · Morning class Medium
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
- VAL SKOLER AS−50
From 2023 to 2024: went from a profit to a loss before tax and the operating margin fell from 6.7% to −2.3%.
- MOELV VIDEREGÅENDE SKOLE AS−36
From 2023 to 2024: the operating margin fell from 8.4% to −0.1%.
- MAERSK TRAINING AS−27
From 2023 to 2024: went from a profit to a loss before tax and the operating margin fell from 5.2% to −3.7%.
- NHC SERVICES AS−25
From 2023 to 2024: went from a profit to a loss before tax and the operating margin fell from 1.7% to −12.1%.
Top lists in the sector · 2024 · Morning class Medium
The five largest companies account for 34% of the sector's revenue. Combined profit before tax for the 32 ranked companies: 233 MNOK.
Highest revenue
- NLA HØGSKOLEN AS 422 MNOK
- WRIGHT TRAFIKKSKOLE AS 339 MNOK
- OSLO NYE HØYSKOLE AS 262 MNOK
- VAL SKOLER AS 246 MNOK
- UNIVERSITETSSENTERET PÅ SVALBARD AS 228 MNOK
Operating revenue.
Highest operating margin
- OSLO NYE HØYSKOLE AS 22.8%
- CALIAN EUROPE AS 18.5%
- HERO KOMPETANSE AS 13.7%
- KRISTEN FRISKOLE AS 11.1%
- PODIUM AS 11.1%
Operating result divided by operating revenue.
Largest profit
- OSLO NYE HØYSKOLE AS 63 MNOK
- NLA HØGSKOLEN AS 34 MNOK
- LÆRINGSVERKSTEDET GRUPPEN AS 27 MNOK
- CALIAN EUROPE AS 20 MNOK
- IFRONT KARRIERE AS 16 MNOK
Profit before tax.
Largest loss
- LOVISENBERG DIAKONALE HØGSKOLE AS −12 MNOK
- MAERSK TRAINING AS −7 MNOK
- NHC SERVICES AS −6 MNOK
- VAL SKOLER AS −5 MNOK
- FAGSKOLEN KRISTIANIA AS −5 MNOK
Profit before tax, the largest negative.
Most solid
- KIDSA DRIFT AS 89.0%
- AKADEMIET VGS ÅLESUND AS 88.3%
- KRISTELIG GYMNASIUM AS 77.7%
- CALIAN EUROPE AS 76.2%
- WANG TOPPIDRETT OSLO AS 72.7%
Equity ratio: equity divided by total assets.
Fastest growth
- PODIUM AS +50.7%
- CALIAN EUROPE AS +50.3%
- HERO KOMPETANSE AS +38.3%
- IFRONT KARRIERE AS +34.0%
- LINGU AS +21.8%
Revenue growth from the year before, only from at least NOK 10 million in revenue.
Largest revenue decline
- MAERSK TRAINING AS −15.3%
- JOBLEARN AS −15.1%
- VAL SKOLER AS −12.9%
- SONANS PRIVATGYMNAS AS −8.2%
- WRIGHT TRAFIKKSKOLE AS −0.8%
Revenue decline from the year before, only from at least NOK 10 million in revenue.
Biggest climbers
- FRETEX PLUSS AS +21.9 points
- WANG ROMERIKE AS +21.3 points
- SONANS PRIVATGYMNAS AS +18.9 points
- NLA HØGSKOLEN AS +18.2 points
- JOBLEARN AS +14.6 points
Change in index points from the year before.
Biggest fallers
- VAL SKOLER AS −49.7 points
- MOELV VIDEREGÅENDE SKOLE AS −35.4 points
- MAERSK TRAINING AS −27.2 points
- NHC SERVICES AS −24.4 points
- KRISTELIG GYMNASIUM AS −20.5 points
Change in index points from the year before.
Most employees
- IFRONT KARRIERE AS 359
- NLA HØGSKOLEN AS 343
- WRIGHT TRAFIKKSKOLE AS 268
- FAGSKOLEN KRISTIANIA AS 231
- OSLO NYE HØYSKOLE AS 217
Employees according to the Central Coordinating Register.
Highest revenue per employee
- CALIAN EUROPE AS 5.8 MNOK
- LÆRINGSVERKSTEDET GRUPPEN AS 3.5 MNOK
- SONANS PRIVATGYMNAS AS 1.8 MNOK
- VAL SKOLER AS 1.7 MNOK
- UNIVERSITETSSENTERET PÅ SVALBARD AS 1.4 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.
Positions in the sector · 2024 · 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.
Bubble size shows relative revenue, not exact figures. Dashed lines show where the 5 companies that moved most stood in 2023 (small ring).
- MAERSK TRAINING AS profitability 80 → 8, solidity 40 → 42
- MOELV VIDEREGÅENDE SKOLE AS profitability 94 → 24, solidity 70 → 65
- VAL SKOLER AS profitability 78 → 15, solidity 81 → 61
- NHC SERVICES AS profitability 56 → 0, solidity 36 → 16
- NLA HØGSKOLEN AS profitability 17 → 69, solidity 62 → 74
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
Summary · fiscal year 2024 · Morning class Medium
The sector's median operating margin is 2.8%. 0 of 32 companies have negative equity. The median equity ratio is 38.2%.
All figures are for fiscal year 2024. Ranked: 32 operating companies. Holding companies, excluded companies and companies without enough data are shown but not ranked. How to read the index
Climbers and fallers · Morning class Medium
Change in rank from 2023 to 2024, for 27 companies ranked in both years.
Climbers
- 9NLA HØGSKOLEN ASfrom rank 14 to 568
- 8WANG ROMERIKE ASfrom rank 25 to 1750
- 7FRETEX PLUSS ASfrom rank 26 to 1948
- 4LINGU ASfrom rank 8 to 469
- 3UNIVERSITETSSENTERET PÅ SVALBARD ASfrom rank 15 to 1257
Fallers
- 23VAL SKOLER ASfrom rank 4 to 2731
- 19MAERSK TRAINING ASfrom rank 10 to 2927
- 17MOELV VIDEREGÅENDE SKOLE ASfrom rank 3 to 2046
- 13FAGSKOLEN KRISTIANIA ASfrom rank 18 to 3119
- 11NHC SERVICES ASfrom rank 21 to 3212
Awards · 2024 · Morning class Medium
Needs attention · 2024 · Morning class Medium
16 companies show at least one warning sign. Showing the 15 most important.
- watchSONANS PRIVATGYMNAS ASVery low equity ratio (9.6%) · Current ratio below 1 (0.64)
- watchPODIUM ASVery low equity ratio (5.2%) · Current ratio below 1 (0.97)
- watchESPIRA ULSETSKOGEN ASVery low equity ratio (6.2%) · Current ratio below 1 (0.81)
- watchNHC SERVICES ASCurrent ratio below 1 (0.85) · Loss before tax
- watchKRISTEN FRISKOLE ASVery low equity ratio (0.2%) · Loss before tax
- watchWRIGHT TRAFIKKSKOLE ASCurrent ratio below 1 (0.33)
- watchOSLO NYE HØYSKOLE ASCurrent ratio below 1 (0.62)
- watchVAL SKOLER ASLoss before tax
- watchFAGSKOLEN KRISTIANIA ASLoss before tax
- watchLOVISENBERG DIAKONALE HØGSKOLE ASLoss before tax
- watchTRYGGHEIM SKULAR ASCurrent ratio below 1 (0.64)
- watchMAERSK TRAINING ASLoss before tax
- watchKROKEIDE VIDEREGÅENDE SKOLE ASCurrent ratio below 1 (0.99)
- watchMETIS BERGEN PRIVATE GYMNAS ASLoss before tax
- watchSIGNO GRUNN- OG VIDEREGÅENDE SKOLE ASCurrent ratio below 1 (0.89)
Sector map · 2024 · 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
Scenario analysis: the sector's weakest year
The sector's weakest year was 2021, with a median operating margin of −5.7%.
Based on the 7 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 · weakest year | −5.7% | 0.8% |
| 2022 | −3.4% | −20.8% |
| 2023 | 3.4% | 29.5% |
| 2024 | 2.8% | 29.8% |
| 2025 | 3.9% | 31.0% |
In 2021, 0 ranked companies did better than the sector, 1 about the same and 0 weaker.
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
- 19,430
- +1.8% from 2023
- Persons employed
- 33,818
- +0.3% from 2023
- Turnover
- NOK 38.2 bn
- +5.2% from 2023
- Gross operating margin
- 12.8%
- Gross operating surplus divided by turnover
All enterprises, sole proprietorships included. SSB withholds some figures for confidentiality. The figure then shows the latest year with every value, and the year is given beside it.
Bankruptcies in the industry
35 enterprise bankruptcies in the last four quarters (2025K4–2026K3). Change 0.0% against the four quarters before (35). That is about 1.8 per 1,000 enterprises.
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
- ARLO MARITIME AS 994312367 Voluntary liquidation · 31 October 2026
- NINA LÆGREID AS 936428002 Voluntary liquidation · 31 October 2026
- SOCIA AS 937843712 Voluntary liquidation · 31 October 2026
- SPORNES GÅRDSBARNEHAGE AS 995003066 Voluntary liquidation · 31 October 2026
- VM COACHING AS 935908914 Voluntary liquidation · 31 October 2026
- WENSAONE AS 934080688 Voluntary liquidation · 31 October 2026
- AD FAKTOTUM AS 926717294 Voluntary liquidation · 30 October 2026 · 0 MNOK (2025)
- AMYGDALA COACHING OG VEILEDNING AS 925902101 Voluntary liquidation · 30 October 2026 · 0 MNOK (2025)
Industry codes (NACE)
| Code | Description |
|---|---|
| 85* | Hele hovedgruppe 85 |
| 85.100 | Førskoleundervisning og drift av barnehager |
| 85.201 | Ordinær grunnskoleundervisning |
| 85.202 | Spesialskoleundervisning på grunnskolenivå |
| 85.310 | Videregående opplæring innenfor studieforberedende utdanningsprogram |
| 85.320 | Videregående opplæring innenfor yrkesfaglige utdanningsprogram |
| 85.330 | Undervisning innenfor kort høyere yrkesfaglig utdanning |
| 85.401 | Undervisning ved universiteter |
| 85.402 | Undervisning ved vitenskapelige høgskoler |
| 85.403 | Undervisning ved andre høgskoler |
| 85.404 | Undervisning innenfor lang høyere yrkesfaglig utdanning |
| 85.510 | Undervisning innenfor idrett og rekreasjon |
| 85.521 | Kulturskoleundervisning til barn og unge |
| 85.529 | Annen undervisning innenfor kultur |
| 85.531 | Undervisning ved godkjente trafikkskoler |
| 85.532 | Annen trafikkskoleundervisning |
| 85.591 | Undervisning ved folkehøgskoler |
| 85.592 | Undervisning i form av arbeidsmarkedskurs/arbeidsrettede kurs |
| 85.593 | Undervisning ved voksenopplæringssentre, aktiviteter i studieforbund og undervisning i form av frivillige organisasjoners kurs |
| 85.594 | Privatundervisning |
| 85.595 | Undervisning innenfor religion |
| 85.596 | Aktiviteter utført ved leirskoler |
| 85.597 | Annen undervisning ellers |
| 85.610 | Formidlingstjenester tilknyttet kurs og veiledere |
| 85.691 | Pedagogisk-psykologisk rådgivningstjeneste |
| 85.699 | Andre tjenester tilknyttet undervisning ikke nevnt annet sted |