Lumi Education Group AS
16.20
NOK
0.00
(0.00%)
ISIN
NO0010927288
Return %
Stock
S&P 500
1Y
-3.57
14.20
3Y
19.56
81.12
5Y
-65.77
68.34
Capital Structure
NOK
•
in mil. unless spec.Working Capital
NOK
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in mil. unless spec.Growth Rates
NOK
•
in mil. unless spec.Semi-annual Revenue
NOK
•
in mil. unless spec.Semi-annual Earnings Per Share
NOK
•
in mil. unless spec.Semi-annual Dividends Per Share
NOK
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in mil. unless spec.Company Description
- CEO
- Nina Kristin Vesterby
- Full Time Employees
- 219
- Sector
- Commercial services
- Industry
- Miscellaneous commercial services
- Address
- Pilestredet 56 Oslo PS Norway 0167
- IPO Date
- Feb 17, 2021
- Website
- lumiinvestor.com
- Similar Companies
- Business
- Lumi Gruppen AS operates as a leading private education provider in Norway through its Sonans and Oslo Nye Hoyskole (ONH) segments; Sonans offers private candidate exam preparation courses for high school graduates and dropouts across nine campuses with both campus-based and online delivery; ONH provides bachelor and master's programmes, annual programmes, single-subject courses in psychology, health, social sciences, and business administration, as well as practical and online programmes in technology, design, digital innovation, and vocational IT education through Oslo Nye Fagskole (formerly NTech); the company also operates private candidate schools and facilitates student transfers to partner universities abroad, serving approximately 4,400 students at Sonans and 3,300 at ONH with a mix of online (over 50%) and campus-based learning supported indirectly by the Norwegian State Educational Loan Fund. Founded in 1989 and headquartered in Oslo, Lumi Gruppen targets working adults, high school completers, and higher education seekers in Norway with no direct public funding. Recent developments include strong revenue growth with 11% operating income increase to NOK 235.9 million and adjusted EBIT up 31% to NOK 36.2 million in H1 2025, 14% revenue growth from new contracts for the 2025/26 academic year at ONH reflecting sustained demand for online tertiary education, projected total revenue growth of 14% to NOK 323-326 million for 2025/26 driven by efficiency initiatives and stable student volumes at Sonans, establishment of a new long-term management incentive plan in November 2025, and ongoing exploration of bolt-on acquisitions, technology enhancements for AI capabilities, expansion into adjacent markets like corporate training, and new geographies leveraging online expertise.