mnemonic AS Due Diligence

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

Norway · owned by Independent (Norway) · www.mnemonic.io · 10 vendors

mnemonic is a Norwegian cybersecurity company that helps businesses manage security risks, protect their data, and defend against cyber threats. The company offers managed security services, security consulting, and threat intelligence, operating its own Security Operations Center (SOC). It serves enterprise clients across the Nordic region and internationally.

Resilience scores

Digital Sovereignty: 0
Digital Resilience: 8
Financial Resilience: 7

Technology vendors

Apple Inc. — Technology — United States
CLAAS — Manufacturing — Germany
mnemonic AS — Cybersecurity — Norway
and 9 more

Services catalogue

2 services in catalogue across 1 category; runs on 10 sub-vendors.

DNS Hosting
Web Hosting

Insights

Last updated 2026-07-30 · revision 9

10 direct vendors, 140 subvendors

Direct vendors by controlling owner country (sample)

United States: 8
Denmark: 1
Germany: 1

Subvendors by controlling owner country (sample)

United States: 112
France: 3
Israel: 1

Compliance

8 in-scope frameworks identified; showing 3.

Financials

Financial Resilience Score: 7/10

mnemonic AS demonstrates qualitative financial resilience based on its business model and market positioning, though specific financial figures could not be verified in this research session. The company operates a recurring-revenue services model through Managed Detection & Response (MDR) and Security Operations Center (SOC) contracts that are typically multi-year, providing high revenue visibility and cash flow predictability. As one of the leading independent cybersecurity services firms in the Nordics, mnemonic serves large enterprises, financial institutions, and public sector clients, providing a stable customer base. The company benefits from structural tailwinds including rising regulatory pressure (NIS2, DORA), a growing threat landscape, and increasing Nordic cyber-defense spending. Geographic expansion across Norway, Sweden, Denmark, Netherlands, UK, and US indicates revenue diversification beyond the home market. The diversified service portfolio spanning managed security, consulting, incident response, threat intelligence (Argus platform), and training reduces dependency on any single revenue stream. However, as a private AS with undiversified ownership, access to growth capital is more constrained than for listed peers. Talent competition in cybersecurity creates material wage inflation risk, and the company faces aggressive competition from global MDR/SOC vendors (Arctic Wolf, CrowdStrike, Sophos, Orange Cyberdefense) and large consulting firms (PwC, KPMG, EY, Deloitte, Accenture). Growing non-NOK revenue against a largely NOK cost base introduces FX exposure.

Key strengths: Recurring-revenue services model with multi-year MDR/SOC contracts, Strong Nordic market position as leading independent cybersecurity firm, Diversified service portfolio across managed security, consulting, IR, threat intelligence, and training, Geographic expansion across Nordics, Netherlands, UK, and US, Structural tailwinds from NIS2, DORA regulations and growing cyber threat landscape

Risk factors: Private, undiversified ownership limits access to growth capital, Cybersecurity talent scarcity driving wage inflation, Potential customer concentration risk in large enterprise segment, Competitive pressure from global MDR vendors and Big 4 consulting firms, FX exposure from non-NOK revenue against NOK cost base

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