CRAYF logo

Crayon Group Holding ASA (CRAYF)

For informational purposes only. Not financial advice. Analysis by Sedat Aydin, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.

Crayon Group Holding ASA (CRAYF) with AI Score 52/100 (Hold). Crayon Group Holding ASA is an IT advisory firm specializing in software and cloud services. The company operates globally, providing solutions for digital transformation and IT asset management. Market cap: 0, Sector: Technology.

Last analyzed: Mar 17, 2026
Crayon Group Holding ASA is an IT advisory firm specializing in software and cloud services. The company operates globally, providing solutions for digital transformation and IT asset management.
52/100 AI Score

Crayon Group Holding ASA (CRAYF) Technology Profile & Competitive Position

CEORune Syversen
Employees4119
HeadquartersOslo, NO
IPO Year2020

Crayon Group Holding ASA is a global IT advisory firm focusing on software and cloud economics, digital transformation, and IT asset management. The company operates through multiple segments, offering services from cloud migration to data platform solutions, serving diverse markets across the Nordics, Europe, APAC, MEA, and the United States.

Data Provenance | Financial Data Quantitative Analysis NASDAQ Analysis: Mar 17, 2026

Investment Thesis

Crayon Group Holding ASA presents a compelling case for investment due to its strategic positioning in the growing IT advisory services market. The company's focus on software and cloud economics, coupled with its comprehensive suite of services, positions it well to capitalize on the increasing demand for digital transformation solutions. Crayon's global presence and diverse customer base provide a stable foundation for growth. With a P/E ratio of 77.63 and a profit margin of 3.2%, the company shows potential for increased profitability as it scales its operations. Key catalysts include expanding its consulting services and penetrating new geographic markets. However, investors should be aware of potential risks such as increased competition and the cyclical nature of IT spending.

Based on FMP financials and quantitative analysis

Key Highlights

  • Market Cap of $1.24B indicates a substantial presence in the IT advisory market.
  • P/E Ratio of 77.63 reflects investor expectations of future earnings growth.
  • Gross Margin of 88.7% demonstrates strong pricing power and efficient service delivery.
  • Profit Margin of 3.2% indicates room for improvement in operational efficiency.
  • Beta of 1.33 suggests the stock is more volatile than the market, potentially offering higher returns but also higher risk.

Competitors & Peers

Strengths

  • Strong expertise in software and cloud economics.
  • Global presence and diverse customer base.
  • Comprehensive service portfolio.
  • Strong partner ecosystem.

Weaknesses

  • Relatively low profit margin compared to competitors.
  • Dependence on IT spending cycles.
  • Limited brand recognition compared to larger consulting firms.
  • OTC market listing presents liquidity concerns.

Catalysts

  • Ongoing: Expansion of consulting services into new areas like AI and cybersecurity.
  • Ongoing: Penetration of new geographic markets in Asia-Pacific and Latin America.
  • Upcoming: Potential strategic acquisitions to expand capabilities and market reach.
  • Ongoing: Strengthening of the partner ecosystem with leading technology vendors.
  • Ongoing: Development of new service offerings to address emerging trends in the IT market.

Risks

  • Potential: Increased competition from larger consulting firms and specialized IT service providers.
  • Potential: Rapid technological changes could render existing services obsolete.
  • Potential: Economic downturns could reduce IT spending.
  • Ongoing: Cybersecurity threats could disrupt operations and damage reputation.
  • Ongoing: Limited liquidity due to OTC market listing.

Growth Opportunities

  • Expansion of Consulting Services: Crayon has an opportunity to expand its consulting services, particularly in areas such as cloud migration, data analytics, and cybersecurity. The market for IT consulting is estimated to be worth billions of dollars, and Crayon's expertise in software and cloud economics positions it well to capture a significant share of this market. Timeline: Ongoing.
  • Penetration of New Geographic Markets: Crayon can drive growth by expanding its presence in new geographic markets, particularly in Asia-Pacific and Latin America. These regions are experiencing rapid economic growth and increasing adoption of cloud computing, creating significant demand for IT advisory services. Timeline: Ongoing.
  • Development of New Service Offerings: Crayon can develop new service offerings to address emerging trends in the IT market, such as artificial intelligence, blockchain, and the Internet of Things. These technologies are creating new challenges and opportunities for organizations, and Crayon can help them navigate this evolving landscape. Timeline: Ongoing.
  • Strategic Acquisitions: Crayon can pursue strategic acquisitions to expand its capabilities and market reach. This could involve acquiring companies with complementary expertise or companies with a strong presence in specific geographic markets. Timeline: Ongoing.
  • Enhanced Partner Ecosystem: Crayon can strengthen its partner ecosystem by collaborating with leading technology vendors and service providers. This will enable Crayon to offer a more comprehensive suite of solutions to its customers and expand its market reach. Timeline: Ongoing.

Opportunities

  • Expansion of consulting services.
  • Penetration of new geographic markets.
  • Development of new service offerings.
  • Strategic acquisitions.

Threats

  • Increased competition from larger consulting firms.
  • Rapid technological changes.
  • Economic downturns.
  • Cybersecurity threats.

Competitive Advantages

  • Expertise in Software and Cloud Economics: Crayon's deep understanding of software licensing and cloud pricing provides a competitive advantage.
  • Global Presence: Crayon's presence in multiple regions allows it to serve a diverse range of customers.
  • Comprehensive Service Portfolio: Crayon offers a wide range of IT advisory services, making it a one-stop shop for its customers.
  • Strong Partner Ecosystem: Crayon's partnerships with leading technology vendors enhance its capabilities and market reach.

About CRAYF

Crayon Group Holding ASA was founded with the vision of helping organizations navigate the complexities of software licensing and cloud adoption. Over the years, Crayon has evolved into a comprehensive IT advisory company, providing services that span the entire IT lifecycle. The company operates through four key segments: Software & Cloud Direct, which focuses on direct sales of software and cloud solutions; Software & Cloud Channel, which works with partners to deliver solutions; Software & Cloud Economics, which provides expertise in optimizing IT investments; and Consulting, which offers advisory services for digital transformation. Crayon's offerings include cloud migration assessment, infrastructure advisory, tenant migration, and connectivity solutions. They also provide governance and optimization services, including IT governance, license optimization, and software asset management. Furthermore, Crayon offers operation and support services, such as modern workplace adoption and advisory service desks, as well as data platform and AI solutions. With a global presence spanning the Nordics, Europe, Asia-Pacific, the Middle East and Africa, and the United States, Crayon serves a diverse range of clients, helping them to optimize their IT investments and achieve their digital transformation goals.

What They Do

  • Provides IT advisory services to help organizations optimize their IT investments.
  • Offers software and cloud solutions through direct sales and channel partnerships.
  • Specializes in software and cloud economics, providing expertise in optimizing IT spending.
  • Offers consulting services for digital transformation initiatives.
  • Provides cloud migration assessment, infrastructure advisory, and tenant migration services.
  • Offers IT governance, license optimization, and software asset management services.
  • Provides operation and support services, such as modern workplace adoption and advisory service desks.
  • Offers data platform and AI solutions.

Business Model

  • Software & Cloud Direct: Generates revenue through direct sales of software and cloud solutions.
  • Software & Cloud Channel: Generates revenue through partnerships with other companies.
  • Software & Cloud Economics: Generates revenue through consulting services that optimize IT spending.
  • Consulting: Generates revenue through advisory services for digital transformation.

Industry Context

The IT advisory services market is experiencing rapid growth, driven by the increasing adoption of cloud computing, digital transformation initiatives, and the need for optimized IT spending. Companies like Crayon Group Holding ASA play a crucial role in helping organizations navigate this complex landscape. The market is competitive, with players ranging from large consulting firms to specialized IT service providers. Crayon differentiates itself through its focus on software and cloud economics, providing expertise in optimizing IT investments. The industry is expected to continue growing at a double-digit rate, presenting significant opportunities for companies like Crayon.

Key Customers

  • Large enterprises seeking to optimize their IT investments.
  • Small and medium-sized businesses adopting cloud computing.
  • Government agencies undergoing digital transformation.
  • Organizations across various industries, including finance, healthcare, and retail.
AI Confidence: 71% Updated: Mar 17, 2026

Financials

Chart & Info

Crayon Group Holding ASA (CRAYF) stock price: Price data unavailable

Latest News

No recent news available for CRAYF.

Analyst Consensus

Consensus Rating

Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for CRAYF.

Price Targets

Wall Street price target analysis for CRAYF.

MoonshotScore

52/100

What does this score mean?

The MoonshotScore rates CRAYF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.

Leadership: Rune Syversen

CEO

Rune Syversen is the CEO of Crayon Group Holding ASA. His background includes extensive experience in the IT industry, with a focus on sales, marketing, and business development. He has held various leadership positions in technology companies, demonstrating a track record of driving growth and innovation. Syversen's expertise lies in building and scaling businesses, developing strategic partnerships, and leading high-performing teams. His education includes a degree in business administration.

Track Record: Under Rune Syversen's leadership, Crayon Group Holding ASA has expanded its global presence and strengthened its position as a leading IT advisory company. He has overseen the development of new service offerings and the expansion of the company's partner ecosystem. Key milestones include the successful integration of acquired companies and the achievement of significant revenue growth. Syversen has also focused on improving operational efficiency and driving innovation within the organization.

CRAYF OTC Market Information

The OTC Other tier represents the lowest tier of over-the-counter (OTC) stocks. Companies in this tier often have limited or no financial disclosure requirements, making it difficult for investors to assess their financial health and performance. Unlike stocks listed on major exchanges like the NYSE or NASDAQ, OTC Other stocks do not have to meet minimum listing standards, such as requirements for market capitalization, trading volume, or corporate governance. This lack of regulation and oversight increases the risk associated with investing in OTC Other stocks.

  • OTC Tier: OTC Other
  • Disclosure Status: Unknown
Liquidity: Liquidity for CRAYF, as an OTC Other stock, is likely to be limited. This means that there may be a wide bid-ask spread, making it difficult to buy or sell shares at a desired price. Trading volume may also be low, which can further exacerbate liquidity issues. Investors should be prepared for potential difficulties in executing trades and should consider the potential impact of illiquidity on their investment.
OTC Risk Factors:
  • Limited financial disclosure makes it difficult to assess the company's financial health.
  • Low trading volume and wide bid-ask spread can make it difficult to buy or sell shares.
  • Lack of regulatory oversight increases the risk of fraud or mismanagement.
  • OTC Other stocks are often more volatile than stocks listed on major exchanges.
  • Limited information available to investors makes it difficult to make informed investment decisions.
Due Diligence Checklist:
  • Verify the company's registration and legal status.
  • Obtain and review the company's financial statements, if available.
  • Research the company's management team and their track record.
  • Assess the company's business model and competitive landscape.
  • Evaluate the company's growth prospects and potential risks.
  • Consult with a financial advisor before investing.
  • Understand the risks associated with investing in OTC Other stocks.
Legitimacy Signals:
  • Global presence and operations in multiple regions.
  • Partnerships with leading technology vendors.
  • Focus on software and cloud economics.
  • CEO with experience in the IT industry.
  • Employee count of over 4000 suggests a substantial operation.

Crayon Group Holding ASA Stock: Key Questions Answered

What does Crayon Group Holding ASA do?

Crayon Group Holding ASA operates as an IT advisory company, specializing in software and cloud solutions. The company assists organizations in optimizing their IT investments, navigating digital transformation, and managing their software assets. Crayon's services encompass cloud migration, infrastructure advisory, license optimization, and data platform solutions. The company serves a diverse range of clients across various industries, providing expertise in software and cloud economics to help them achieve their business goals.

What do analysts say about CRAYF stock?

Analyst coverage of CRAYF is limited due to its OTC listing. However, the company's focus on the growing IT advisory services market and its expertise in software and cloud economics are viewed positively. Key valuation metrics, such as the P/E ratio and profit margin, suggest potential for future growth. Investors may want to evaluate the risks associated with investing in OTC stocks and conduct thorough due diligence before making any investment decisions. Further AI analysis is pending.

What are the main risks for CRAYF?

The main risks for CRAYF include increased competition from larger consulting firms, rapid technological changes that could render existing services obsolete, and economic downturns that could reduce IT spending. Additionally, the company faces cybersecurity threats and the risks associated with operating in multiple geographic regions. As an OTC-listed stock, CRAYF also faces liquidity risks and limited financial disclosure requirements, which can make it difficult for investors to assess the company's financial health and performance.

What are the key factors to evaluate for CRAYF?

Crayon Group Holding ASA (CRAYF) currently holds an AI score of 52/100, indicating moderate score. Key strength: Strong expertise in software and cloud economics.. Primary risk to monitor: Potential: Increased competition from larger consulting firms and specialized IT service providers.. This is not financial advice.

How frequently does CRAYF data refresh on this page?

CRAYF prices update in real time during U.S. market hours (9:30 AM-4:00 PM ET, weekdays). Fundamentals refresh after quarterly or annual filings. Analyst ratings and AI insights update daily. News is aggregated continuously from financial sources.

What has driven CRAYF's recent stock price performance?

Recent price movement in Crayon Group Holding ASA (CRAYF) can be influenced by earnings results, analyst revisions, sector rotation, and broader market sentiment. Notable catalyst: Strong expertise in software and cloud economics.. Check the News and Technical Analysis tabs for the latest drivers. Past performance does not predict future results.

Should investors consider CRAYF overvalued or undervalued right now?

Determining whether Crayon Group Holding ASA (CRAYF) is overvalued or undervalued requires examining multiple metrics. Compare valuation ratios (P/E, P/S, EV/EBITDA) against sector peers for a comprehensive view.

What research should beginners do before buying CRAYF?

Before investing in Crayon Group Holding ASA (CRAYF), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Analysis updated AI Score refreshed daily
Data Sources & Methodology
Market data powered by Financial Modeling Prep & Yahoo Finance. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .

Data provided for informational purposes only.

Analysis Notes
  • Limited analyst coverage due to OTC listing.
  • Financial data based on available information.
  • AI analysis pending.
Data Sources

Popular Stocks