Wavelet Optics AS

ASActive

Org 915469760Finnmyrvegen 2A, 7540 KlæbuEngineering activities and related technical consultancy· NACE 7112Est. 2015 · 11 years old1-4 employees

Overview

Wavelet Optics AS is a Norwegian AS based in Klæbu, operating in the Engineering activities and related technical consultancy sector. Incorporated in 2015, the company reported revenue of NOK 624.4k in its latest annual filing.

Revenue 2025

0.6M NOK

−30% vs 2024

EBITDA margin

−19.6 %

−153% vs 2024

Net profit 2025

1.8M NOK

+501% vs 2024

Key ratios

See full ratios →

95.9 %

Very strong

Among the 20% highest rated companies in the industry

20212025

19.1×

Very strong

Among the 20% highest rated companies in the industry

20212025

26.0 %

Strong

Among the 30% highest rated companies in the industry

20212025

EBITDA — year on year

NOK thousands

Key figures

Annual report 2025

Revenue	0.6M NOK	-30%
EBITDA	-0.1M NOK	-153%
Net profit	1.8M NOK	+501%
Total assets	7M NOK	+23%
Equity	6.7M NOK	+27%
Employees	—	—

Financial development

In its most recent annual report (2025), Wavelet Optics AS reported revenue of NOK 624.4k, a decrease of 30% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net profit of NOK 1.8m, and the EBITDA margin stood at -19.6%.

At the end of 2025, equity financed 95.9% of the balance sheet, and current assets covered short-term debt 19.1 times.

Financials

Revenue

NOK thousands

EBITDA

NOK thousands

Income statement

NOK thousands

Item	2025	2024	2023	2022	2021
Revenue	624	894	1,463	1,397	1,107
Staff expenses	-349	-311	-19	-18	-5
EBITDA	-123	233	1,127	1,154	683
Depreciation & amort.	-0	-0	-0	-0	-0
EBIT	-123	233	1,127	1,154	683
Net financials	1,947	123	3	7	-1
Profit before tax	1,824	356	1,130	1,162	682
Tax	8	53	249	256	150
Net profit	1,816	302	881	906	532

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Balance sheet

NOK thousands

Item	2025	2024	2023	2022	2021
Total assets	6,987	5,670	5,276	4,436	3,428
Equity	6,702	5,286	4,984	4,103	3,197
Long-term debt	0	0	0	0	0
Short-term debt	285	384	292	333	231
Total debt	285	384	292	333	231

Financial ratios

5-year trend

EBITDA margin

-19.6 %

20212025

Equity ratio

95.9 %

Very strong

Among the 20% highest rated companies in the industry

20212025

Return on equity

27.1 %

Strong

Among the 40% highest rated companies in the industry

20212025

Net profit margin

290.9 %

Very strong

Among the 10% highest rated companies in the industry

20212025

Asset turnover

0.09×

Weak

Among the 40% lowest rated companies in the industry

20212025

Debt / equity

0.04×

Very strong

Among the 20% highest rated companies in the industry

20212025

Sector performance

26 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Gross marginAverage

Around the average of companies in the same industry

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginVery weak

Among the 20% lowest rated companies in the industry

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginVery strong

Among the 10% highest rated companies in the industry

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Return on equity (ROE)Strong

Among the 40% highest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Strong

Among the 30% highest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Strong

Among the 40% highest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Weak

Among the 40% lowest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioAverage

Around the average of companies in the same industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Liquidity

Current ratioVery strong

Among the 20% highest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioVery strong

Among the 20% highest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioVery strong

Among the 10% highest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityStrong

Among the 30% highest rated companies in the industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalAverage

Around the average of companies in the same industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioVery weak

Among the 10% lowest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioVery strong

Among the 20% highest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioVery strong

Among the 20% highest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityVery strong

Among the 20% highest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityVery strong

Among the 20% highest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtVery strong

Among the 10% highest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtVery weak

Among the 20% lowest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest rate on debtVery strong

Among the 10% highest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginStrong

Among the 30% highest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Interest coverageNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The ability to pay the interest on the company's debt out of its earnings.

Efficiency & development

Asset turnoverWeak

Among the 40% lowest rated companies in the industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

Equity to contributed capitalVery strong

Among the 10% highest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityStrong

Among the 30% highest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtStrong

Among the 30% highest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Annual reports & filings

Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View PDF
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (2)
GÅ Gudmunn Åke Slettemoen Chief Executive Officer	Chief Executive Officer	2015
ÅP Åse Prytz Slettemoen Deputy Member	Deputy Member	2015

Board of directors

Non-executive oversight

Name	Role	Member since
Current (1)
GÅ Gudmunn Åke Slettemoen Chairman	Chairman	2015

Shareholders

Active legal owners

No shareholder data available.

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Wavelet Optics AS also hold positions in 5 other companies.

Person	Role here	Other companies
Åse Prytz Slettemoen	Deputy Member	3 companies
Gudmunn Åke Slettemoen	Chief Executive Officer	2 companies

Frequently asked questions

What is the Org number of Wavelet Optics AS?

Wavelet Optics AS is registered with Brønnøysundsregistrene under Org 915469760.

What is the revenue of Wavelet Optics AS?

Wavelet Optics AS reported revenue of NOK 624.4k in 2025.

Who is the CEO of Wavelet Optics AS?

Gudmunn Åke Slettemoen is the CEO of Wavelet Optics AS.

Who is the chairman of Wavelet Optics AS?

Gudmunn Åke Slettemoen chairs the board of Wavelet Optics AS.

Where is Wavelet Optics AS headquartered?

Wavelet Optics AS's registered address is Finnmyrvegen 2A.