I don’t think they are far away from being a good WT-team.It's so depend on their investment capacity and their recruitment pool, if they continue to stick with Nordic-only riders, which I don't think would be compatible with a mildly-successful WT team.
The squad (27 riders) have today with the addition of Pedersen, Skjelmose and a random Norwegian like Foss or Træen + Lund Andresen as a replacement for Kristoff would’ve made them a top 6-8 team on the UCI-ranking I believe.