CDS NORGE AS

Org. no. 914767601 · LØRENSKOG · Founded 1930

Score · fiscal year 2025

46of 100

How to read this: the company is ahead of 43 % of medium-sized companies in the same sector in 2025. What does this mean?

Rank: 17,285 of 30,442 · Handel

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 7 and solidity 77 out of 100 among medium-sized companies in the same sector in 2025. Methodology

Against the sector

CDS NORGE AS is 4 points below the median for medium-sized companies in the same sector in 2025.

Median score 50 among 1,664 companies.

Against medium-sized companies in the same sector in 2025: operating margin −5.0% (median 3.1%) and equity ratio 55.5% (median 32.6%).

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 revenue553 MNOK176 MNOK
Operating margin −5.0% 3.1% 5 %
Profit margin −3.7% 3.1% shown, not part of the index
Return on assets −2.8% 11.3% 8 %
Equity ratio 55.5% 32.6% 77 %
Debt-to-equity 0.80 2.02 77 %
Current ratio 1.49 1.38 57 %
Revenue growth 31.1% 6.7% 86 %

The median and “ahead of” refer to medium-sized companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 46, CDS NORGE AS does better than 43% of medium-sized companies in the same sector (1,668 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • CDS NORGE AS
  • Median: medium-sized companies in the same sector
Summary analysis

CDS NORGE AS has a score of 46 for 2025, rank 17,285 of 30,442 in the sector.

Strongest: Growth: percentile 86 against peers, revenue growth 31.1% against a median of 6.7%. Solidity: percentile 77 against peers, equity ratio 55.5% against a median of 32.6%.

Weakest: Profitability: percentile 7 against peers, operating margin −5.0% against a median of 3.1%. Consistency: percentile 25 against peers.

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

CDS NORGE AS had an operating margin of −5.0% and an equity ratio of 55.5% in 2025, and ranks 17,285 of 30,442 in Handel.

From 2024 to 2025: revenue grew by 31% and the equity ratio fell from 70.6% to 55.5%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

One method gives a figure: 212 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −16.2 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −27.6 MNOK 8.0 not meaningful
P/B Equity: 211.8 MNOK 1.0 212 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

  • watch

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin −3.7% (median 3.1%).

  • watch

    The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?

    Based on: Operating margin −5.0% (median 3.1%).

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

Data quality

No anomalies found in the figures.

Stress test · 2017

Scenario analysis: the sector's weakest year

We have no accounts for 2017, the sector's weakest year, for this company.

The sector's weakest year was 2017, with a median operating margin of −134.9%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability7 weight 30%
Solidity77 weight 25%
Liquidity57 weight 15%
Growth86 weight 15%
Consistency25 weight 15%

Durability: 46 (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 CDS NORGE AS?

The operating margin was −5.0% in 2025, against a median of 3.1% among medium-sized companies in the same sector. Return on assets was −2.8%. The company made a loss before tax.

How solid is CDS NORGE AS?

The equity ratio was 55.5% in 2025 (median 32.6%). Debt-to-equity was 0.80 (median 2.02).

What is the liquidity of CDS NORGE AS like?

The current ratio was 1.49 in 2025 (median 1.38).

How does CDS NORGE AS compare in Handel?

CDS NORGE AS ranks 17,285 of 30,442 in Handel for 2025. Among companies of the same size (medium-sized companies) it ranks 947 of 1,668. Revenue changed by 31.1% 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.
914767601
Legal form
AS · part of a group
Sector
Handel (46.710)
Size tier
medium
Employees
0–4 (not registered)
Founded
14 January 1930 96 years in operation
Share capital
8.50 MNOK
Business address
Solheimveien 7, 1461 LØRENSKOG
Municipality
Lørenskog rank 1–9 of 13 in KOSTRA group 10
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
Rune Hensel
Chair of the board
Rita Kristin Broch
Board member
Claes-Gøran Bye
Auditor
PRICEWATERHOUSECOOPERS AS

Source: Central Coordinating Register, fetched 25 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.

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index494246
Rank13,51418,65117,285
Operating margin−3.6%−6.5%−5.0%
Return on assets0.5%−4.4%−2.8%
Equity ratio67.3%70.6%55.5%
Current ratio1.442.271.49
Revenue growth–−49.1%31.1%

Accounts

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

Key figure202320242025
Operating revenue828.3 MNOK421.6 MNOK552.8 MNOK
Operating profit−30.1 MNOK−27.3 MNOK−27.6 MNOK
Profit before tax−29.9 MNOK−22.9 MNOK−20.7 MNOK
Net profit−23.4 MNOK−17.9 MNOK−16.2 MNOK
Financial expenses31.6 MNOK9.9 MNOK10.1 MNOK
Total assets300.9 MNOK296.9 MNOK381.6 MNOK
Current assets141.7 MNOK198.0 MNOK252.7 MNOK
Equity202.5 MNOK209.5 MNOK211.8 MNOK
Retained earnings83.1 MNOK65.2 MNOK48.9 MNOK
Total liabilities98.4 MNOK87.4 MNOK169.8 MNOK
Current liabilities98.4 MNOK87.4 MNOK169.8 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6720426.

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