Orbify.Technology AS
ASActiveOrg 926522590Hangarveien 21B, 3241 SandefjordComputer consultancy and computer facilities management activities· NACE 6220Est. 2020 · 5 years old1-4 employeeshttps://www.inxight.no
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Overview
Orbify.Technology AS is a Norwegian AS based in Sandefjord, operating in the Computer consultancy and computer facilities management activities sector. Incorporated in 2020, the company reported revenue of NOK 3.4m in its latest annual filing.
Revenue 2024
3.4M NOK
+29% vs 2023
EBITDA margin
67.6 %
+263% vs 2023
Net profit 2024
1.3M NOK
+834% vs 2023
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
7.4 %
WeakAmong the 30% lowest rated companies in the industry
20212024
Liquidity ratioCurrent assets ÷ Short-term debt
0.4×
Very weakAmong the 20% lowest rated companies in the industry
20212024
Return on assets (ROA)Net profit ÷ Total assets × 100
18.1 %
StrongAmong the 30% highest rated companies in the industry
20212024
EBITDA — year on year
NOK thousandsKey figures
Annual report 2024| Revenue | 3.4M NOK | +29% |
| EBITDA | 2.3M NOK | +263% |
| Net profit | 1.3M NOK | +834% |
| Total assets | 7.1M NOK | +21% |
| Equity | 0.5M NOK | +170% |
| Employees | — | — |
Company information
Legal name
ORBIFY.TECHNOLOGY AS
Org number
926522590
Legal form
Aksjeselskap
Founded
23 December 2020 · 5 years
Share capital
NOK 32,250
Employees
1-4
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Axel Lileng Tenvik, Jan-Olav Styrvold
Company purpose
Drive virksomhet som omfatter utvikling og salg av programvare, konsulentvirksomhet, omstrukturering av virksomheter, investering i andre selskaper og annet som naturlig faller sammen med dette.
(no translation available)
Contact
Address
Hangarveien 21B, 3241 Sandefjord
Website
https://www.inxight.no
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Financial development
In its most recent annual report (2024), Orbify.Technology AS reported revenue of NOK 3.4m, an increase of 29% on the year before. The figures on this page draw on 4 annual filings covering 2021 to 2024. The bottom line showed a net profit of NOK 1.3m, and the EBITDA margin stood at 67.6%.
At the end of 2024, equity financed 7.4% of the balance sheet, and current assets covered short-term debt 0.4 times.
Financials
Revenue
NOK thousandsEBITDA
NOK thousandsIncome statement
NOK thousands| Item | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Revenue | 3,416 | 2,648 | 1,712 | 737 |
| Staff expenses | -529 | -1,746 | -2,206 | -190 |
| EBITDA | 2,310 | 636 | -952 | 65 |
| Depreciation & amort. | -609 | -424 | -259 | -0 |
| EBIT | 1,701 | 212 | -1,211 | 65 |
| Net financials | -54 | -36 | -5 | 0 |
| Profit before tax | 1,646 | 176 | -1,216 | 65 |
| Tax | 362 | 39 | -267 | 14 |
| Net profit | 1,284 | 138 | -948 | 50 |
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Balance sheet
NOK thousands| Item | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Total assets | 7,104 | 5,863 | 7,473 | 4,086 |
| Equity | 528 | -756 | -894 | 77 |
| Long-term debt | 5,130 | 5,580 | 7,394 | 3,601 |
| Short-term debt | 1,446 | 1,039 | 972 | 408 |
| Total debt | 6,576 | 6,619 | 8,366 | 4,009 |
Financial ratios
5-year trendEBITDA margin
67.6 %
20212024
Equity ratio
7.4 %
WeakAmong the 30% lowest rated companies in the industry
20212024
Return on equity
243.2 %
Very strongAmong the 10% highest rated companies in the industry
20212024
Net profit margin
37.6 %
Very strongAmong the 20% highest rated companies in the industry
20212024
Asset turnover
0.48×
AverageAround the average of companies in the same industry
20212024
Debt / equity
12.46×
Very weakAmong the 10% lowest rated companies in the industry
20212024
Sector performance
26 of 28 ratios graded28 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 strong
Among the 20% highest 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 20% 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)Very strong
Among the 10% 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)Very strong
Among the 10% 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)Very strong
Among the 20% highest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioVery strong
Among the 10% highest rated companies in the 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 weak
Among the 20% lowest 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 weak
Among the 20% lowest 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 weak
Among the 20% lowest 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 40% 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 capitalVery weak
Among the 20% lowest rated companies in the 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 strong
Among the 10% highest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioWeak
Among the 30% lowest 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 ratioWeak
Among the 30% lowest 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 weak
Among the 10% lowest 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 weak
Among the 10% lowest rated companies in the industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtStrong
Among the 40% highest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtStrong
Among the 30% highest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageStrong
Among the 30% highest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtAverage
Around the average of companies in the same 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.
Efficiency & development
Asset turnoverAverage
Around the average of companies in the same industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Equity to contributed capitalStrong
Among the 30% 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 debtStrong
Among the 40% 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.
One-year change in equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The size of this year's increase or decrease in the company's equity.
Annual reports & filings
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
AL Chief Executive Officer | Chief Executive Officer | 2022 |
Former (1)
ØL Chief Executive Officer | Chief Executive Officer | 2021 – 2022 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
AL Board of Directors | Board of Directors | 2026 |
KH Board of Directors | Board of Directors | 2022 |
JS Chairman | Chairman | 2021 |
Former (3)
ØL Board of Directors | Board of Directors | 2021 – 2022 |
TP Board of Directors | Board of Directors | 2021 – 2022 |
JT Board of Directors | Board of Directors | 2021 – 2022 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2025 | |
| Company | 100% | 100% | 2021 |
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Company hierarchy
Orbify.Ai As
Orbify.Technology AS Board network connections
Board members of Orbify.Technology AS also hold positions in 64 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Kjetil Henrik Rykkje | Board of Directors | 21 companiesMany roles |
| Jan-Olav Styrvold | Chairman | 17 companiesMany roles |
| Truls Petter Berg | Board of Directors | 12 companiesMany roles |
| Axel Lileng Tenvik | Chief Executive Officer | 8 companiesMany roles |
| John Tanke Sviland | Board of Directors | 4 companies |
| Øyvind Lundgreen | Chief Executive Officer | 2 companies |
Frequently asked questions
What is the Org number of Orbify.Technology AS?
Orbify.Technology AS is registered with Brønnøysundsregistrene under Org 926522590.
What is the revenue of Orbify.Technology AS?
Orbify.Technology AS reported revenue of NOK 3.4m in 2024.
Who is the CEO of Orbify.Technology AS?
Axel Lileng Tenvik is the CEO of Orbify.Technology AS, in role since 2022.
Who is the chairman of Orbify.Technology AS?
Jan-Olav Styrvold chairs the board of Orbify.Technology AS, in role since 2021.
Where is Orbify.Technology AS headquartered?
Orbify.Technology AS's registered address is Hangarveien 21B.