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Norwegian (OSEAX) Application Software Industry Analysis

UpdatedJul 03, 2025
DataAggregated Company Financials
Companies11
  • 7D-0.8%
  • 3M24.1%
  • 1Y27.3%
  • YTDn/a

Last week, the Application Software industry hasn't moved much but Elliptic Laboratories is up 6.6% in that time. As for the the longer term, the industry is up 27% over the past 12 months. Looking forward, earnings are forecast to grow by 34% annually.

Industry Valuation and Performance

Has the Norwegian Application Software Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 04 Jul 2025NOK 22.4bNOK 10.3bNOK 302.5m42.3x73.9x2.2x
Sun, 01 Jun 2025NOK 20.9bNOK 10.3bNOK 294.1m39.7x70.9x2x
Tue, 29 Apr 2025NOK 18.7bNOK 10.2bNOK 321.8m37.8x58.1x1.8x
Thu, 27 Mar 2025NOK 18.4bNOK 10.2bNOK 328.5m36.4x56x1.8x
Sat, 22 Feb 2025NOK 19.0bNOK 10.1bNOK 235.6m38.3x80.8x1.9x
Mon, 20 Jan 2025NOK 18.8bNOK 10.0bNOK 320.4m29x58.7x1.9x
Wed, 18 Dec 2024NOK 19.6bNOK 10.0bNOK 326.1m31.1x60.2x2x
Fri, 15 Nov 2024NOK 19.4bNOK 9.9bNOK 282.0m16.6x68.9x2x
Sun, 13 Oct 2024NOK 25.8bNOK 11.4bNOK 291.2m33.1x88.6x2.3x
Tue, 10 Sep 2024NOK 25.0bNOK 11.4bNOK 277.9m32.6x89.9x2.2x
Thu, 08 Aug 2024NOK 23.1bNOK 11.0bNOK 463.0m18.3x49.8x2.1x
Sat, 06 Jul 2024NOK 21.5bNOK 11.0bNOK 459.0m18.6x46.8x1.9x
Mon, 03 Jun 2024NOK 23.1bNOK 11.0bNOK 443.6m19.4x52.1x2.1x
Wed, 01 May 2024NOK 21.2bNOK 10.6bNOK 155.2m42.2x136.7x2x
Fri, 29 Mar 2024NOK 21.5bNOK 10.5bNOK 75.3m23.5x286x2x
Sun, 25 Feb 2024NOK 19.4bNOK 10.5bNOK 76.4m22.6x254x1.8x
Tue, 23 Jan 2024NOK 28.7bNOK 12.4b-NOK 731,347,172.0017.7x-39.2x2.3x
Thu, 21 Dec 2023NOK 27.9bNOK 12.4b-NOK 729,373,434.0015.7x-38.3x2.3x
Sat, 18 Nov 2023NOK 26.5bNOK 12.1b-NOK 650,233,521.0014.7x-40.7x2.2x
Mon, 16 Oct 2023NOK 25.3bNOK 12.0b-NOK 687,871,453.0014.5x-36.7x2.1x
Wed, 13 Sep 2023NOK 25.8bNOK 12.0b-NOK 681,585,593.0012.9x-37.9x2.1x
Fri, 11 Aug 2023NOK 26.2bNOK 11.4b-NOK 866,070,231.0011x-30.3x2.3x
Sun, 09 Jul 2023NOK 25.0bNOK 11.3b-NOK 876,087,868.009.2x-28.5x2.2x
Tue, 06 Jun 2023NOK 24.9bNOK 11.3b-NOK 947,494,435.009.8x-26.3x2.2x
Thu, 04 May 2023NOK 23.8bNOK 10.9b-NOK 922,133,607.0010.1x-25.8x2.2x
Sat, 01 Apr 2023NOK 23.8bNOK 10.9b-NOK 1,454,711,185.0033.2x-16.4x2.2x
Mon, 27 Feb 2023NOK 25.0bNOK 10.9b-NOK 1,416,361,516.0037.1x-17.6x2.3x
Wed, 25 Jan 2023NOK 26.1bNOK 10.5b-NOK 923,678,858.0027.6x-28.2x2.5x
Fri, 23 Dec 2022NOK 25.1bNOK 10.5b-NOK 926,150,804.0025.6x-27.1x2.4x
Sun, 20 Nov 2022NOK 25.3bNOK 10.5b-NOK 871,322,615.0025.9x-29.1x2.4x
Tue, 18 Oct 2022NOK 23.1bNOK 10.2b-NOK 1,096,075,444.0030.9x-21.1x2.3x
Thu, 15 Sep 2022NOK 24.6bNOK 9.9b-NOK 1,054,090,197.0033.6x-23.4x2.5x
Sat, 13 Aug 2022NOK 25.4bNOK 9.5b-NOK 1,329,258,636.0079.7x-19.1x2.7x
Mon, 11 Jul 2022NOK 25.8bNOK 9.5b-NOK 1,313,009,495.0066.3x-19.7x2.7x
Price to Earnings Ratio

-19.7x


Total Market Cap: NOK 25.8bTotal Earnings: -NOK 1,313,009,495.00Total Revenue: NOK 9.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Application Software Industry Price to Earnings3Y Average 36.3x202320242025
Current Industry PE
  • Investors are optimistic on the Norwegian Application Software industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 73.9x which is higher than its 3-year average PE of 36.2x.
  • The industry is trading close to its 3-year average PS ratio of 2.2x.
Past Earnings Growth
  • Total earnings for the Application Software industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 2.6% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Comparison

How does Norwegian Application Software compare with similar industries?

NO Market1.18%
Tech0.14%
Software-0.59%
Application Software-0.85%
Systems Software-0.14%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
SMCRT SmartCraftNOK 27.900.7%
+NOK 30.3m		-10.6%PE48x
OTEC OtelloNOK 12.152.1%
+NOK 13.4m		61.6%PB1.2x
RIVER River TechNOK 15.503.3%
+NOK 10.3m		-39.9%PE4.2x
SPIR Spir GroupNOK 9.200.7%
+NOK 8.0m		13.0%PE32.4x
SPOT SpotlioNOK 0.219.5%
+NOK 3.6m		-30.7%PS0.6x

Latest News

PEXIP
NOK 58.70
Pexip Holding
7D
-0.3%
1Y
112.3%
RIVER
NOK 15.50
River Tech
7D
3.3%
1Y
-39.9%
INDCT
NOK 3.70
Induct
7D
-2.6%
1Y
36.0%
ELABS
NOK 13.22
Elliptic Laboratories
7D
-0.6%
1Y
20.2%
LINK
NOK 28.10
LINK Mobility Group Holding
7D
-1.4%
1Y
39.5%
SMCRT
NOK 27.90
SmartCraft
7D
0.7%
1Y
-10.6%
SPOT
NOK 0.21
Spotlio
7D
9.5%
1Y
-30.7%

Is Spotlio (OB:SPOT) Weighed On By Its Debt Load?

Jun 22
Is Spotlio (OB:SPOT) Weighed On By Its Debt Load?
OTEC
NOK 12.15
Otello
7D
2.1%
1Y
61.6%
SPIR
NOK 9.20
Spir Group
7D
0.7%
1Y
13.0%
AIX
NOK 4.20
Ayfie International
7D
-1.2%
1Y
-42.3%