Manag-E Nordic AS

Norway · owned by Orbify.AI (Norway) · managenordic.no · 51 vendors

Manag-E Nordic AS is a digitalization company that has been a partner for Nordic businesses in the public and private sector for 25 years. They specialize in enterprise service management, IT service management, and cloud management solutions, primarily using OpenText (formerly Micro Focus) platforms with AI-powered automation.

Resilience scores

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Last updated 2026-09-15 · revision 63

51 direct vendors, 372 subvendors

Direct vendors by controlling owner country (sample)

Subvendors by controlling owner country (sample)

Migration Readiness: 5/10

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.

Manag-E Nordic AS exhibits a medium level of migration readiness, scoring 50. The company's readiness is bolstered by its strong adoption of modern, cloud-based solutions, with many products delivered via a SaaS model (e.g., OpenText SMAX, SupportPilot™, Orbify DEP). The internal tech stack incorporates advanced AI, LLMs, RAG architecture, and API-based integrations, indicating a foundational capability for modular and cloud-native approaches. The company's active marketing of NIS2 and CSRD compliance solutions suggests a deep understanding of the regulatory landscape, which, while complex, means they are likely well-equipped to navigate compliance requirements during a migration. However, significant challenges to migration readiness arise from the highly stringent regulatory environment and data residency requirements. GDPR, the Norwegian Personal Data Act, NIS2, and the Norwegian Security Act impose strict controls on data location and processing, particularly for sensitive Norwegian health data (requiring Norwegian or EEA residency) and public sector data (preferring Norwegian data centers). These constraints severely limit the choice of cloud providers and regions for potential migration targets. Furthermore, the company's reliance on OpenText SMAX for a core offering likely entails significant vendor lock-in, making migration away from this platform complex and costly due to data migration, customization, and re-training efforts. The presence of traditional components like WordPress for the company website and SharePoint/Confluence as 'integration layers' suggests some legacy elements that might require refactoring or re-platforming during a broader migration. Finally, the absence of financial data (e.g., revenue, growth) prevents an assessment of the company's financial capacity to fund a large-scale migration initiative. (Note: The provided data states 'Total Vendors: 0' but also lists 'Vendor HQ Countries' and 'Vendor Geographic Diversity: 14 unique countries' and 'Total Services: 77'. We assume 'Total Vendors: 0' is a data error and base our assessment on the other vendor diversity metrics, which generally reduce overall vendor lock-in risk, though specific platform lock-in like OpenText remains a factor.)

Compliance

9 in-scope frameworks identified; showing 3.

NIS2 (source) — Assessment Required

As a provider of ICT service management (B2B) in the EEA, they fall into a sector covered by NIS2. However, with 13 employees, they are below the 50-employee threshold. Applicability therefore depends on whether their annual turnover exceeds EUR 10 million.

If applicable, non-compliance could lead to significant fines. The risk is medium as applicability is uncertain due to the company's size. A definitive assessment of their turnover is required to determine if they meet the threshold.

Evidence: https://fsk-forum.no/wp-content/uploads/2021/11/FSK-Veilder-for-skytjenester-Final-PDF.pdf, https://orbify.ai/embed/

ISAE 3000 (source) — Assessment Required

ISAE 3000 is a standard for assurance engagements on non-financial information. It could be used to provide assurance over various aspects of their service, but is less sector-specific than SOC 2 for a SaaS provider.

The risk is low as ISAE 3000 is a general assurance standard and less commonly requested by name than ISO 27001 or SOC 2 for technology service providers. The commercial impact of not having one is likely minimal.

GDPR (source) — Partially Compliant

The company is established in Norway (an EEA country), and therefore the GDPR applies to all its processing of personal data, including that of its employees and customers.

Non-compliance can lead to fines of up to 4% of global turnover. As a Norwegian company processing customer and employee data in the EEA, a breach is likely to be investigated, and the lack of a public DPO or privacy policy suggests compliance gaps.

Evidence: https://fsk-forum.no/wp-content/uploads/2021/11/FSK-Veilder-for-skytjenester-Final-PDF.pdf

Financials

Three-year financials

Financial Resilience Score: 3/10

Manag-E Nordic AS (now Orbify.Services AS) exhibits weak financial resilience. The company has posted four consecutive years of operating losses from 2022 to 2025, with cumulative EBIT losses of roughly NOK 14.8m. Revenue peaked at NOK 41m in 2023 and declined 10.3% in 2025 to NOK 36.7m, indicating demand contraction. The equity ratio has collapsed from 32.3% in 2021 to just 4.1% in 2025, despite repeated share capital injections from the parent (share capital rose from 1,792 kNOK to 13,707 kNOK between 2023 and 2025). Liquidity is strained, with the liquidity ratio I falling from 0.92 (2023) to 0.47 (2025), well below the 1.0 threshold. Interest costs have surged from 64 kNOK (2023) to 1,491 kNOK (2025), reflecting a growing debt burden. Proff rates solidity as 'weak' and profitability as 'unsatisfactory', with an operational score of just 9/100 for 2025. Payment remarks and pledges are registered against the company. Solvency depends heavily on continued parent (Orbify.Solutions AS) support through recapitalizations rather than organic earnings.

Key strengths: 25+ years operating history and established customer base, OpenText (formerly Micro Focus) Platinum Partner - largest Nordic Micro Focus Software Services Integrator, Named public sector customers including Bærum municipality, Backed by parent Orbify.Solutions AS with repeated equity injections, Revenue peaked at NOK 41m in 2023

Risk factors: Four consecutive years of operating losses (2022-2025), Equity ratio collapsed from 32.3% (2021) to 4.1% (2025), Liquidity ratio fell to 0.47 in 2025, well below 1.0 threshold, Interest costs surged 23x from 2023 to 2025 (64 kNOK to 1,491 kNOK), Revenue declined 10.3% in FY2025, Accumulated losses of -NOK 13.2m, Payment remarks and pledges registered against the company, Proff operational score of only 9/100 for 2025, Negative operating cash flow, Solvency dependent on continued parent recapitalization

Workforce by country

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