Accounting in Norway - where is it most profitable? Profitability calculator in 2025
New business – what about accounting?
Running a business in Norway requires fulfillment several important requirements. Above all: annual settlement. It is the most important duty, which allows for legal reporting of earnings and their settlement. In addition, after exceeding 50 000 NOK income for the last 12 months, we are obliged registering your business in the VAT register (MVA). However, most entrepreneurs also concern other, often a more important necessity.
Maintaining full company accounting according to Norwegian rules is mandatory for activities that exceeded 50 000 NOK income from business for the last 12 months. So we always have to check the last 12 months if the limit has not been exceeded. If so, we should contact your accountant.
Profitability calculator – calculate how much you will pay!
If you already know that you have an obligation to keep accounts, one of your first thoughts was probably: “How much will I pay for it?”. We are in a hurry to answer – it depends depending on which option you choose. As with all services, there are options cheaper and "worse", more expensive and "better" or… more expensive and “worse”.
In practice, we have two types of possible actions to choose from: leaving matters in the hands of an accountant or using an accounting program. Each of these solutions has its pros and cons, but most often an authorized accountant will be the best option. It is worth using an accounting program if we have a very small company that does not have a lot of difficult documents.
Okay, but let's get to the point: how much will i pay? You can calculate it in our calculator:
Accounting Cost Calculator
in Norway 2025
Company type:
Results:
Cost of accounting in Efirma Regnskap AS: -
Cost of accounting in Efirma.no: -
Average cost of accounting in Norway: -
Accounting calculator - manual
In the calculator we take into account aspects, which are most often used to determine the final price of accounting services:
- Company type – prices are different for sole proprietorships and companies.
- Number of documents/month – this also has a major impact on the price of services.
- number of employees – payouts are also an aspect that unfortunately incurs additional costs.
Based on this information we get results for:
- Cost authorized accounting in Efirma Regnskap AS office
- Cost own accounting, kept in Efirma.no program
- Average cost of accounting in Norway, calculated by us based on approximately 35 accounting offices throughout Norway.
The amounts given are net amounts.
What is most profitable?
As you can probably see in the calculator, Financially, it is always most profitable to do your accounting in Efirma.no. However, this does not mean that it will always be the best option for you.
Well, by doing accounting in an accounting program we are responsible for what will be booked. It is our responsibility to book it, we have to remember to send reports on time, use appropriate accounting codes, etc. – generally this solution requires a lot of commitment and free time. If, however, we have a small company, this solution should be for us best.
The second option is handing over accounting to an accountant. It must be authorized accountant, so that he can legally provide accounting services to companies. Here, as you can see in the calculator, the most financially (and not only) profitable will be accounting authorized by Efirma Regnskap AS. This is also a better option for entrepreneurs who do not have much time and head to conduct all the paperwork. An accountant will take full care of your company, take care of all important obligations and always send all reports on time, which will allow you to avoid penalties from the tax office.
