Arkitektum AS Due Diligence

Run due diligence on Arkitektum AS: check compliance and get alerts when suppliers or ownership change.

Norway · owned by Independent (Norway) · arkitektum.no · 18 vendors

Arkitektum AS is a Norwegian IT consultancy and software development firm established in 2008, headquartered in Bø i Telemark. The company specialises in the digitalisation of the Norwegian public sector, delivering tailored solutions in the areas of planning (plan), construction (bygg), geodata, and archives (arkiv). Their services include system architecture, information modelling, standardisation, privacy advisory, and project management, serving both public and private sector clients.

Resilience scores

Technology vendors

Services catalogue

1 service in catalogue across 1 category; runs on 18 sub-vendors.

Insights

Last updated 2026-10-30 · revision 2

18 direct vendors, 185 subvendors

Direct vendors by controlling owner country (sample)

Subvendors by controlling owner country (sample)

Compliance

7 in-scope frameworks identified; showing 3.

SOC 2 (source) — No public evidence

As a software development and IT consulting firm, a SOC 2 report would provide assurance to clients, particularly in the public sector, about the security, availability, and integrity of its systems.

eIDAS — No public evidence

The company's work in digitalizing the Norwegian public sector could involve electronic identification or trust services, which are regulated by eIDAS.

ISO 27001 (source) — No public evidence

As a technology provider to the public sector, certification to this information security standard is often expected by customers to demonstrate a commitment to security best practices.

Financials

Three-year financials

Financial Resilience Score: 7/10

Arkitektum AS demonstrates solid financial resilience for a small Norwegian IT consultancy. The company operates with a debt-free balance sheet, with no long-term debt and no interest-bearing short-term debt reported across 2021-2025. Current liabilities are primarily trade payables, VAT/public dues, and accrued compensation. Cash position is particularly strong, growing from NOK 13.36M in 2024 to NOK 24.96M in 2025, representing approximately 96% of total assets at year-end 2025. After a loss year in 2023, the company returned to profitability in 2024 and delivered a step-change year in 2025 with EBIT margin above 11% and a Proff-rated profitability of 28% (vs 7.3% in 2024). However, resilience is tempered by the company's small absolute size (NOK ~45.6M in 2025 revenues, 23-24 employees) which creates customer concentration risk. The revenue trajectory from 2021-2023 showed three consecutive down-years (28.2M → 26.7M → 23.9M) before recovery. The 2025 doubling of revenue is impressive but unexplained in filings, and the parallel tripling of other operating costs (3.9M → 13.8M) suggests heavy subcontracting that could compress margins if growth slows. The equity ratio fell from 48.4% to 29.4% in 2025 due to balance sheet expansion, though still rated 'God' (good). An ~80% dividend payout from 2025 profits (NOK 3.5M of 4.35M) limits equity accumulation.

Key strengths: Debt-free balance sheet with no interest-bearing debt, Strong cash position (NOK 24.96M, ~96% of total assets), Return to strong profitability in 2025 (EBIT margin ~11.6%), Equity ratio of 29.4% rated 'God' by Proff, Profitability rating 'Meget god' at 28% in 2025

Risk factors: Small absolute size with only 23-24 employees creates customer concentration risk, Volatile track record with three consecutive down-years 2021-2023 and loss in 2023, Cost base scaled rapidly - other operating costs tripled in 2025, High dividend payout ratio (~80%) limits equity build-up, SkatteFUNN R&D tax credit applications rejected in 2023 and 2024, Closely controlled by parent group (TKT Utvikling AS owns 70.3%), Driver of 2025 revenue doubling not disclosed in public filings

Revenue by geography

Workforce by country

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