Mystore.no AS

Norway · www.mystore.no · 8 vendors

Mystore.no is a leading e-commerce platform provider in Norway, offering cloud-based point-of-sale (POS) solutions and specialized marketing for online shopping. The company's platform supports over 1600 online stores and more than 600 physical stores, enabling integrated management of both online and in-store sales.

Resilience scores

Technology vendors

Services catalogue

1 service in catalogue across 1 category; runs on 8 sub-vendors.

Insights

Last updated 2026-08-07 · revision 1

8 direct vendors, 178 subvendors

Direct vendors by controlling owner country (sample)

Subvendors by controlling owner country (sample)

Migration Readiness: 7/10

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.

Mystore.no AS exhibits high migration readiness. The company's tech stack is modern, featuring a cloud-based SaaS architecture and a REST API for platform integration, which suggests a modular and API-first approach conducive to migration. Their extensive marketplace of third-party integrations (accounting, logistics, marketing) further indicates a mature capability in managing external dependencies and a flexible architecture. The absence of specified data residency requirements also simplifies potential migration efforts. While the core platform is described as 'proprietary, Norwegian-hosted,' which could introduce some complexity or lock-in if migrating to a different cloud provider or region, the underlying cloud-native and API-driven design likely provides significant flexibility. The lack of data on financial stability and the general regulatory environment prevents a full assessment of funding capacity and compliance challenges during migration.

Compliance

11 in-scope frameworks identified; showing 3.

ISAE 3000 (source) — Assessment Required

ISAE 3000 is an assurance standard used for non-financial assurance engagements, commonly applied in the context of data processing controls (e.g., ISAE 3402 for service organisations). As a SaaS provider, Mystore could be subject to ISAE 3402 assurance reporting if its customers require independent assurance over Mystore's data processing controls. Risk is Low because: (1) Mystore primarily serves Norwegian SMEs who are unlikely to mandate ISAE 3402 reports; (2) the DPA explicitly references ISAE reports as acceptable audit substitutes, indicating awareness; (3) no ISAE engagement has been publicly confirmed; (4) the practical impact of non-compliance with ISAE 3000 is limited compared to regulatory frameworks like GDPR.

Evidence: https://www.mystore.no/databehandleravtale

ISO 27001 (source) — Assessment Required

ISO 27001 is an internationally recognised information security management standard. As a SaaS provider processing payment data, customer personal data, and operating e-commerce infrastructure, ISO 27001 is highly relevant for Mystore.no AS. Risk is Medium because: (1) no ISO 27001 certificate has been found for Mystore.no AS specifically; (2) the DPA references ISAE/ISO audit reports as acceptable compliance evidence, suggesting the company is aware of the standard; (3) Visma AS (parent company) may hold group-level ISO 27001 certification, but this has not been confirmed for Mystore specifically; (4) the absence of a publicly verifiable certificate may create trust gaps with enterprise customers and regulators. The company's security commitments in the DPA (GDPR Article 32 measures, confidentiality, breach notification) align with ISO 27001 principles but formal certification is unconfirmed.

Evidence: https://www.mystore.no/databehandleravtale, https://www.mystore.no/transparancy

NIS2 (source) — Assessment Required

NIS2 applies to entities in the EU/EEA operating in listed sectors. Norway, as an EEA member, is in the process of transposing NIS2 into national law (expected via amendment to the Norwegian Security Act / Sikkerhetsloven or a dedicated NIS2 law). Mystore.no AS operates as a SaaS/digital commerce platform provider. Under NIS2, 'digital providers' (online marketplaces, online search engines, cloud computing services) are listed as Important Entities. However, Mystore is primarily a vertical SaaS platform for SME retail — not a general-purpose cloud provider or online marketplace in the NIS2 sense. The company's size (SME-scale, part of Visma group) and sector (retail technology SaaS) place it in an uncertain zone. Risk is rated Low because: (1) Mystore's core service is a commerce platform, not critical infrastructure; (2) Norway's NIS2 transposition timeline and exact scope for SaaS providers remains under legislative development as of 2025; (3) even if applicable, Mystore as part of Visma group likely benefits from group-level security governance. Assessment is required once Norway finalises NIS2 transposition legislation.

Evidence: https://www.mystore.no/transparancy, https://nsm.no/fagomrader/digital-sikkerhet/nis2, https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A32022L2555

Financials

Three-year financials

Financial Resilience Score: 7/10

Mystore.no AS demonstrates strong qualitative financial resilience despite the absence of publicly retrieved statutory figures in this session. The company is a wholly-owned subsidiary of Visma, one of Europe's largest privately held software groups, which materially de-risks funding, infrastructure, and go-to-market. Visma has a track record of stable operation and does not typically allow subsidiaries to run at material losses for extended periods, providing a strong parental backstop. The business model is recurring SaaS revenue from ~1,600 webshops and 600+ POS customers, producing predictable ARR. Deep ecosystem integrations (Klarna, Vipps, Bring, PostNord, Tripletex, Visma eAccounting) raise switching costs and improve retention. A 20-year operating history (founded 2006), platform GMV of NOK 3.5B+, and Nordic scale through the 2023 Acendy platform consolidation with Wikinggruppen further support resilience. Risks include intense platform competition (notably Shopify), SMB customer churn given the small-merchant base, execution risk from the ongoing Acendy re-platforming, an interim managing director suggesting leadership transition, and near-total NOK/Norway exposure. Overall, the qualitative profile supports a resilience score of 7/10; exact numeric verification via Brønnøysundregistrene would refine this.

Key strengths: Wholly owned by Visma since 2017 (strong parent backing), Recurring SaaS subscription revenue model, ~1,600 webshop customers and 600+ POS customers, Platform GMV of NOK 3.5B+ annually, Deep integration ecosystem (Klarna, Vipps, Bring, PostNord, Tripletex), 20-year operating history since 2006, Nordic scale via Acendy platform merger with Wikinggruppen (2023), Google Premier Partner and world's first Klarna Native Partner

Risk factors: Intense competition from Shopify, WooCommerce, Wix, BigCommerce, SMB customer base has higher failure/churn rates, Execution risk from Acendy platform re-platforming, Interim Managing Director indicates leadership transition, Near-total NOK/Norway currency and market concentration, Dependence on partner rails (Vipps, Klarna, Bring) for margin

Revenue by geography

Workforce by country

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