Dermanordic AS

Org. no. 871585342 · Asker · Founded 1994 · 23 employees

Score · fiscal year 2025

24of 100

How to read this: the company is ahead of 8 % of companies in the Morning class Medium in the same sector in 2025. What does this mean?

Rank in the Morning class Medium: 3,396 of 3,711 · What are Morning company classes?
Place in the whole sector: 20,269 of 22,952 · Handel

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 30 and solidity 29 out of 100 among companies in the Morning class Medium in the same sector in 2025. Methodology

Against the sector

Dermanordic AS is 26 points below the median for companies in the Morning class Medium in the same sector in 2025.

Median score 50 among 3,711 companies.

Against companies in the Morning class Medium in the same sector in 2025: operating margin 2.0% (median 3.0%) and equity ratio 19.7% (median 30.0%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue136 MNOK93 MNOK
Operating margin 2.0% 3.0% 39 %
Profit margin 1.2% 2.8% shown, not part of the index
Return on assets 3.7% 11.6% 21 %
Equity ratio 19.7% 30.0% 30 %
Debt-to-equity 4.09 2.24 28 %
Current ratio 0.37 1.39 1 %
Revenue growth −2.2% 6.1% 21 %
Revenue per employee5.93 MNOK5.08 MNOK

The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 24, Dermanordic AS does better than 8% of companies in the Morning class Medium in the same sector (3,711 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Dermanordic AS
  • Median: companies in the Morning class Medium in the same sector
Summary analysis

Dermanordic AS has a score of 24 for 2025, rank 20,269 of 22,952 in the sector.

Strongest: Profitability: percentile 30 against peers, operating margin 2.0% against a median of 3.0%.

Weakest: Liquidity: percentile 1 against peers, current ratio 0.37 against a median of 1.39. Growth: percentile 21 against peers, revenue growth −2.2% against a median of 6.1%.

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

Dermanordic AS had an operating margin of 2.0% and an equity ratio of 19.7% in 2025, and ranks 20,269 of 22,952 in Handel.

From 2024 to 2025: went from a loss to a profit before tax and the operating margin rose from −3.4% to 2.0%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 6 MNOK and 20 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.6 MNOK 10.0 6 MNOK
EV/EBIT Operating profit: 2.7 MNOK
minus net debt 38.2 MNOK
8.0 debt above value
P/B Equity: 20.0 MNOK 1.0 20 MNOK

A mechanical estimate from public accounts, not advice. Mechanical estimate from public accounts with fixed multiples. Not a valuation and not advice to buy or sell. The multiples are provisional default values and must be adjusted per sector before the figures are used for anything. See the calculation

Indications · 2025

Worth a closer look

  • critical

    Consider strengthening liquidity: current liabilities are 2.7 times current assets.

    Based on: Current ratio 0.37 (median 1.39).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 2.6% of the debt in 2025. The policy rate averaged 4.30 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.

See interest rates, prices and exchange rates for the sector

Data quality

No anomalies found in the figures.

Stress test · 2022

Scenario analysis: the sector's weakest year

We have no accounts for 2022, the sector's weakest year, for this company.

The sector's weakest year was 2022, with a median operating margin of 1.5%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability30 weight 30%
Solidity29 weight 25%
Liquidity1 weight 15%
Growth21 weight 15%
Consistency28 weight 15%

Durability: 22 (average over 3 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is Dermanordic AS?

The operating margin was 2.0% in 2025, against a median of 3.0% among companies in the Morning class Medium in the same sector. Return on assets was 3.7%.

How solid is Dermanordic AS?

The equity ratio was 19.7% in 2025 (median 30.0%). Debt-to-equity was 4.09 (median 2.24).

What is the liquidity of Dermanordic AS like?

The current ratio was 0.37 in 2025 (median 1.39). Current assets did not cover current liabilities.

How does Dermanordic AS compare in Handel?

Dermanordic AS ranks 20,269 of 22,952 in Handel for 2025. Among companies in the Morning class Medium it is number 3,396 of 3,711. Revenue changed by −2.2% from the year before.

Group accounts

The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.

Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.

We do not show the group structure, because open data does not say who owns whom.

From the Central Coordinating Register

Org. no.
871585342
Legal form
AS · part of a group
Sector
Handel (46.450)
Morning company class
Medium
Employees
23 registered 10 September 2026
Founded
14 December 1994 31 years in operation
Share capital
3.00 MNOK
Business address
Billingstadsletta 19A, 1396 BILLINGSTAD (ASKER)
Municipality
Asker rank 2 of 11 in KOSTRA group 12
Latest accounts filed
2025

Source: Central Coordinating Register, Brønnøysund Register Centre. The employee count is reported by the company and may be older than the accounts. See the company at the Brønnøysund Register Centre

Ownership and roles

Chief executive
Henning Nielsen
Chair of the board
Christian Ringnes
Board member
Jørn Aage Johansen
Auditor
BDO AS

Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.

Owners and shareholdings will appear here once the shareholder data extract is in place.

Coming · not built yet

Error in the data?

Do you see an error in the figures or in how the company is mapped (sector, holding, group)? Let us know. Corrections require documentation.

Report an issue

Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index331024
Rank15,71321,66820,269
Operating margin2.7%−3.4%2.0%
Return on assets24.9%−2.7%3.7%
Equity ratio15.7%14.8%19.7%
Current ratio0.640.820.37
Revenue growth–−38.9%−2.2%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure202320242025
Operating revenue228.4 MNOK139.5 MNOK136.4 MNOK
Operating profit6.2 MNOK−4.7 MNOK2.7 MNOK
Profit before tax35.3 MNOK−5.6 MNOK1.7 MNOK
Net profit32.0 MNOK−5.1 MNOK0.6 MNOK
Financial expenses3.5 MNOK2.1 MNOK2.1 MNOK
Total assets155.7 MNOK131.4 MNOK101.9 MNOK
Current assets58.5 MNOK36.5 MNOK15.5 MNOK
Equity24.5 MNOK19.4 MNOK20.0 MNOK
Retained earnings2.2 MNOK−2.9 MNOK−2.3 MNOK
Total liabilities131.2 MNOK112.0 MNOK81.9 MNOK
Current liabilities91.3 MNOK44.6 MNOK42.4 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7112225.