Liquidity
Weak0.92
How the figure is assessed
Current assets divided by current liabilities. Below 1.0 is weak, 1.0–1.5 needs attention and 1.5 or more is strong.
ITSLEARNING AS
Org. no. 980 682 765 · Private limited company (AS) · Active · Edvard Griegs vei 1, 5059, BERGEN · BERGEN · 58.290 – Other software publishing
ActiveVAT registeredRegister of Business Enterprises
- Organisation form
- AS
- Employees
- 59
- Established
- 13 April 1999
- Municipality
- BERGEN
- Industry code
- 58.290
ITSLEARNING AS is a private limited company (as) registered in BERGEN since 1999. The organisation number is 980 682 765. The register lists 59 employees. The latest submitted annual accounts are for 2025.
Source: The Brønnøysund Register Centre · Last updated 14 November 2026 at 15:23
Overview
Quick overview
Status and key figures
Based on the latest submitted annual accounts (2025) and registry data.
Profitability
Weak-12.7 %
How the figure is assessed
Operating profit divided by operating revenue. Below 0% is weak, 0–10% needs attention and 10% or more is strong.
Solidity
Watch15.2 %
How the figure is assessed
Equity divided by assets. Below 10% is weak, 10–30% needs attention and 30% or more is strong.
- Operating revenue
- 266.7 m NOK
- +1.1 % vs. the year before
- Net result
- -33.7 m NOK
- Fiscal year 2025
- Equity
- 18.8 m NOK
- Fiscal year 2025
- Status
- Active
- Central Coordinating Register
- Employees
- 59
- Registered in the Central Coordinating Register
- Founded
- 13 April 1999
- Place
- BERGEN
- Industry
- Other software publishing
- 58.290
- Public contracts
- –
- Roles
- 6
- People and entities
The gauges are calculated key figures with open thresholds, not a credit assessment. All amounts come from the Register of Company Accounts.
Calculated by us
Proffi Risk Indicator
60
av 100
Moderate risk
Based on status, solvency, liquidity, profitability, trend and how recent the accounts are. Public register data only.
This is an indicative assessment, not a credit rating. It does not replace your own due diligence before entering into an agreement.
Proffi+
Proffi estimated value
Calculating …
Indicative model estimate based on public accounting figures and typical industry multiples. Not an appraisal, a valuation or investment advice.
Development
Revenue and profit
RevenueResult
Development
Solvency and profitability (%)
SolidityProfitability
Registry data
Company information
- Organisation number
- 980 682 765
- Organisation form
- Private limited company (AS)
- Registered in the Central Coordinating Register
- 29 April 1999
- Date of incorporation
- 13 April 1999
- Number of employees
- 59
- Language form
- Norwegian Bokmål
- Latest submitted annual accounts
- 2025
- Deleted
- Not provided
- Website
- www.itslearning.no
- Bankruptcy date
- Not provided
Addresses
Visiting and postal address
Business address
Edvard Griegs vei 15059 BERGENBERGEN municipalityNorgePostal address
Postboks 2686 Møhlenpris5836 BERGENBERGEN municipalityNorgeIndustry
Industry and sector
- 58.290
Other software publishing(main industry)
J Information and communication › 58 Publishing activities › 58.2 Software publishing › 58.29 Other software publishing
See the industry: largest companies and key figures →What does this industry cover?
Inkluderer: Omfatter utgivelse av ferdigprodusert programvare (dvs. programvare som ikke er kundespesifisert) herunder oversettelse eller tilpassing av ferdigprodusert programvare til et bestemt marked for egen regning slik som operativsystemer, forretningsapplikasjoner og andre applikasjoner Ekskluderer: Reproduksjon av programvare grupperes under: 18.20 Reproduksjon av innspilte opptak. Butikkhandel med standard programvare grupperes under: 47.41 Butikkhandel med datamaskiner og utstyr til datamaskiner. Produksjon av programvare som ikke er utgivelse, herunder oversettelse eller tilpasning av standard programvare til et bestemt marked på honorar- eller kontraktbasis grupperes under: 62.01 Programmeringstjenester. Applikasjonstjenester (ASP) grupperes under: 63.11 Databehandling, datalagring og tilknyttede tjenester
Institutional sector code: Private aksjeselskaper mv. (2100)
Statutory purpose
Tilby innovative elektroniske kunnskaps- og læringsverktøy til større institusjoner som har behov for kunnskapsformidling, samt yte konsulenttjenester og tilhørende virksomheter.
Registry status
Registrations and status
- Registered in the Register of Business Enterprises
- Registered in the VAT register
- Registered in the Register of Non-Profit Organisations
- Registered in the Register of Foundations
- Bankruptcy
- In liquidation
- In compulsory liquidation
Experiences
Reviews
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Accounts
Financial overview
Accounts and key figures
Fiscal year 2025 · Amounts in NOK
Data basis
3 stored years
Liquidity
Weak0.92
How the figure is assessed
Current assets divided by current liabilities. Below 1.0 is weak, 1.0–1.5 needs attention and 1.5 or more is strong.
Profitability
Weak-12.7 %
How the figure is assessed
Operating profit divided by operating revenue. Below 0% is weak, 0–10% needs attention and 10% or more is strong.
Solidity
Watch15.2 %
How the figure is assessed
Equity divided by assets. Below 10% is weak, 10–30% needs attention and 30% or more is strong.
Key numbers and development
Only reported amounts from the Register of Company Accounts
| Accounting item | 2025 | 2024 | 2023 | Development |
|---|---|---|---|---|
| Operating revenue | 266,728,000 | 263,793,000 | 172,972,000 | |
| Operating profit | -33,892,000 | -16,100,000 | -51,465,000 | |
| Profit before tax | -33,674,000 | -14,757,000 | -59,030,000 | |
| Net result | -33,674,000 | -14,757,000 | -59,030,000 | |
| Total assets | 123,791,000 | 145,576,000 | 141,020,000 | |
| Equity | 18,803,000 | -4,461,000 | 10,296,000 | |
| Liabilities | 104,988,000 | 150,038,000 | 130,724,000 |
The gauges are calculated key figures with open thresholds. They are not a credit assessment.
Graphical analysis
3 fiscal years (2023–2025)
- Operating revenue 2025
- 266,728,000 NOK
- Net result 2025
- -33,674,000 NOK
- Revenue growth
- 1.1 %
Revenue and profit
Amounts in NOK
Operating margin
Calculated by us, in percent
Equity and liabilities
Balance sheet in NOK
Register of Company Accounts
Annual accounts 2025
Period 2025-01-01 to 2025-12-31. Currency NOK. Audited annual accounts.
Income statement
| Total operating revenue | 266,728,000 NOK |
|---|---|
| Total operating expenses | 300,620,000 NOK |
| Operating profit | -33,892,000 NOK |
| Total financial income | 2,796,000 NOK |
| Total financial expenses | 2,579,000 NOK |
| Net financial items | 217,000 NOK |
| Profit before tax | -33,674,000 NOK |
| Net result | -33,674,000 NOK |
Assets
| Total fixed assets | 26,834,000 NOK |
|---|---|
| Total current assets | 96,956,000 NOK |
| Total assets | 123,791,000 NOK |
Equity and liabilities
| Paid-in equity | 135,531,000 NOK |
|---|---|
| Retained earnings | -116,728,000 NOK |
| Total equity | 18,803,000 NOK |
| Current liabilities | 104,988,000 NOK |
| Total debt | 104,988,000 NOK |
| Total equity and liabilities | 123,791,000 NOK |
Register of Company Accounts
Annual accounts 2024
Period 2024-01-01 to 2024-12-31. Currency NOK. Audited annual accounts.
Income statement
| Total operating revenue | 263,793,000 NOK |
|---|---|
| Total operating expenses | 279,893,000 NOK |
| Operating profit | -16,100,000 NOK |
| Total financial income | 4,641,000 NOK |
| Total financial expenses | 3,298,000 NOK |
| Net financial items | 1,343,000 NOK |
| Profit before tax | -14,757,000 NOK |
| Net result | -14,757,000 NOK |
Assets
| Total fixed assets | 60,994,000 NOK |
|---|---|
| Total current assets | 84,582,000 NOK |
| Total assets | 145,576,000 NOK |
Equity and liabilities
| Paid-in equity | 215,000 NOK |
|---|---|
| Retained earnings | -4,676,000 NOK |
| Total equity | -4,461,000 NOK |
| Current liabilities | 150,038,000 NOK |
| Long-term liabilities | 0 NOK |
| Total debt | 150,038,000 NOK |
| Total equity and liabilities | 145,577,000 NOK |
Register of Company Accounts
Annual accounts 2023
Period 2023-01-01 to 2023-12-31. Currency NOK. Audited annual accounts.
Income statement
| Total operating revenue | 172,972,000 NOK |
|---|---|
| Total operating expenses | 224,437,000 NOK |
| Operating profit | -51,465,000 NOK |
| Total financial income | 3,127,000 NOK |
| Total financial expenses | 10,692,000 NOK |
| Net financial items | -7,565,000 NOK |
| Profit before tax | -59,030,000 NOK |
| Net result | -59,030,000 NOK |
Assets
| Total fixed assets | 73,615,000 NOK |
|---|---|
| Total current assets | 67,405,000 NOK |
| Total assets | 141,020,000 NOK |
Equity and liabilities
| Paid-in equity | 10,296,000 NOK |
|---|---|
| Total equity | 10,296,000 NOK |
| Current liabilities | 130,724,000 NOK |
| Long-term liabilities | 0 NOK |
| Total debt | 130,724,000 NOK |
| Total equity and liabilities | 141,020,000 NOK |
Source: Register of Company Accounts, Brønnøysund Register Centre. Figures are shown as submitted, and historical years are never overwritten by newer submissions.
Key figures
Calculated by us
Key figures
| Key figures | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue growthChange in total operating revenue from the previous fiscal year. | 1.1 % | 52.5 % | – |
| Operating marginOperating profit divided by total operating revenue. | -12.7 % | -6.1 % | -29.8 % |
| Profit marginOrdinary profit before tax divided by total operating revenue. | -12.6 % | -5.6 % | -34.1 % |
| Equity ratioTotal equity divided by total assets. | 15.2 % | -3.1 % | 7.3 % |
| Current ratioTotal current assets divided by total current liabilities. | 0.92 | 0.56 | 0.52 |
| Debt ratioTotal liabilities divided by total equity. | 5.58 | -33.63 | 12.7 |
| Return on assetsOrdinary profit before tax plus financial expenses, divided by total assets. | -25.1 % | -7.9 % | -34.3 % |
| Return on equityNet profit divided by total equity. | -179.1 % | 330.8 % | -573.3 % |
About the calculation
The key figures are calculated by us (formula version v1) from public accounts in the Register of Company Accounts. A figure is only calculated when all input values exist and the denominator is not zero. The figures are not a credit assessment.
- 2024, Debt ratio: Negativ egenkapital gjør forholdstallet vanskelig å tolke.
Roles and owners
Registry data
Roles
Chief executive officer
- Chief executive officerKirsi Kristiina Harra-Vauhkonen
Board
- Chair of the boardRob Bernardus Hendrikus Kolkman
- Board memberAnne Helena Wolffenbuttel-Jauhiainen
Auditor
- AuditorPRICEWATERHOUSECOOPERS AS
Accountant
- AccountantKPMG ACCOUNTING AS
- AccountantAZETS INSIGHT AS
Source: The Brønnøysund Register Centre. We only show name and role as published by the register – never date of birth or private address.
Organisation
Structure
Organisation structure
- Entity type
- Main entity
- Parent entity
- Not stated
- Number of sub-units
- 2
Overview
Structure map
ITSLEARNING AS
ITSLEARNING AS AVD BERGEN
BERGEN · 56 employees
ITSLEARNING AS AVD OSLO
OSLO
Registry data
Sub-units
| Name | Org. no. | Place | Employees |
|---|---|---|---|
| ITSLEARNING AS AVD BERGENOther software publishing | 980 727 254 | BERGEN | 56 |
| ITSLEARNING AS AVD OSLOOther software publishing | 919 531 746 | OSLO | – |
More about the company
This has not been registered yet. We never show made-up information.
Services and products
The company has not added any services yet.
Public approvals
Not in the Norwegian Building Authority's central approval register.
Public contracts
No notices found in TED where the company is a supplier or contracting authority.
Registered changes
We show changes from the Brønnøysund Register Centre's change log from the next registered change.
Documents
Certificates of registration and other documents require a separate agreement with a document provider.
Transparency
Sources and data quality
Company information
Brønnøysund Register Centre · Public register
Last retrieved 14 November 2026 at 15:23
Open official sourceRoles
Brønnøysund Register Centre · Public register
Last retrieved 14 November 2026 at 15:23
Open official sourceAccounts and key figures
Register of Company Accounts · Public register
Last retrieved 14 November 2026 at 15:23
Open official sourceAddress (verified)
Norwegian Mapping Authority – Geonorge address API · Public register
Last retrieved 14 November 2026 at 15:23
Open official sourceCentral approval
Norwegian Building Authority (DiBK) · No approval found
Last retrieved 14 November 2026 at 15:23
Open official sourceIndustry standard (SN2007)
Statistics Norway – KLASS · Official standard
Last retrieved 14 November 2026 at 15:23
Open official source
Public registry data is updated periodically and cannot be changed by the company. Calculated figures are marked “Calculated by us”.
Report an errorSource
Public registry fields on this page come from the Central Coordinating Register and cannot be changed by the company. Self-reported content is marked separately.
Read about the data sources