Make AS

Norway · www.make.no · 25 vendors

Make AS is a Norwegian-developed SaaS platform specializing in email marketing and communication. It provides a user-friendly tool for businesses to create and send newsletters and offers effective two-way SMS communication services. All personal data is stored on Norwegian servers, emphasizing security and local presence.

Resilience scores

Technology vendors

Services catalogue

10 services in catalogue across 6 categories; runs on 25 sub-vendors.

Insights

Last updated 2026-03-04 · revision 6

25 direct vendors, 311 subvendors

Direct vendors by controlling owner country (sample)

Subvendors by controlling owner country (sample)

Migration Readiness: 4/10

Assessed by AI based on technology stack characteristics (cloud-native vs legacy, containerization, microservices), regulatory environment, data residency requirements, financial stability, and vendor lock-in risks. The score ranges from 0-10, where higher scores indicate better readiness for technology migration.

Make AS exhibits low to medium migration readiness. The primary challenges stem from its internal tech stack and regulatory environment. The core technologies, Archicad (BIM 3D modelling software) and WordPress (website CMS), are not described as cloud-native, containerized, or microservices-based, suggesting a more traditional architecture that would require significant effort and cost to migrate to modern cloud environments. Specialized software like Archicad often involves complex workflows and large data files, increasing the difficulty and potential for vendor lock-in, which is currently 'Unknown' but likely present given the specialized nature of the tool. The regulatory landscape, particularly GDPR and explicit data residency requirements, poses a significant hurdle. As a Norwegian company operating within the EEA, personal data must be processed within the EEA or countries with adequacy decisions, necessitating careful selection of cloud providers and regions and potentially limiting migration options. This adds complexity and cost to any cloud migration strategy. While the company shows consistent revenue growth, suggesting financial capacity to fund a migration, the technical and regulatory complexities, coupled with potential vendor lock-in, indicate that a smooth and rapid migration would be challenging. The geographic diversity of 'Vendor HQ Countries' (8 unique countries) is a minor positive, suggesting a broader ecosystem, but it does not mitigate the specific challenges related to the core tech stack and regulatory compliance.

Compliance

3 in-scope frameworks identified; showing 3.

GDPR (source) — Assessment Required

As a Norwegian architecture firm operating in the EEA, GDPR applies to all personal data processing including employee data, client data, and supplier information. Architecture firms typically process significant amounts of personal data through client relationships, employee records, and project documentation. Non-compliance can result in fines up to 4% of annual turnover or €20 million. Given Norway's active enforcement of GDPR and the firm's likely processing of personal data, this represents a high risk if not properly managed.

SOC 2 (source) — Assessment Required

SOC2 is relevant for service organizations that store customer data in the cloud or provide cloud-based services. Architecture firms increasingly use cloud-based BIM software, project management tools, and client portals. While not mandatory, SOC2 compliance may be required by larger clients or for competitive advantage. Risk is medium as it's not legally required but may impact business opportunities.

ISO 27001 (source) — Assessment Required

ISO 27001 is an international standard for information security management systems. While not legally mandatory, it's increasingly important for professional services firms handling sensitive client data and intellectual property. Architecture firms manage confidential building designs, client information, and project data. Risk is medium as lack of certification may impact client confidence and competitive positioning, though it's not a legal requirement.

Financials

Three-year financials

Financial Resilience Score: 8/10

Based on the available financial data, Make AS demonstrates good financial resilience. The company has shown strong year-over-year revenue growth, indicating a healthy demand for its products/services and effective market penetration. Operating income has also grown consistently and at a faster rate than revenue in the most recent year, suggesting improved operational efficiency or pricing power. A positive and growing EBIT indicates that the core business is profitable. The steady increase in equity reflects retained earnings and a strengthening financial foundation. A robust equity base provides a buffer against unforeseen economic downturns and supports future investments without excessive reliance on debt. The overall trend across all three key metrics (revenue, EBIT, equity) is positive, suggesting a well-managed company with a stable financial trajectory. Without more detailed information on debt levels, cash flow, liquidity ratios, and specific industry benchmarks, a perfect score cannot be assigned. However, the available data points to a financially sound and resilient operation.

Key strengths: Consistent Revenue Growth, Improving Profitability, Growing Equity Base, Positive Trend

Risk factors: Lack of detailed debt levels, Lack of cash flow information, Lack of liquidity ratios, Lack of specific industry benchmarks

Revenue by geography

Revenue by product/service

Workforce by country

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