CDS NORGE AS
Score · fiscal year 2024
42of 100
How to read this: the company is ahead of 33 % of medium-sized companies in the same sector in 2024. What does this mean?
Rank: 24,510 of 37,180 · Handel
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 5 and solidity 87 out of 100 among medium-sized companies in the same sector in 2024. Methodology
Against the sector
CDS NORGE AS is 8 points below the median for medium-sized companies in the same sector in 2024.
Median score 50 among 2,059 companies.
Against medium-sized companies in the same sector in 2024: operating margin −6.5% (median 3.2%) and equity ratio 70.6% (median 32.6%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 422 MNOK | 171 MNOK |
| Operating margin | −6.5% | 3.2% |
| Profit margin | −5.4% | 3.1% |
| Return on assets | −4.4% | 11.1% |
| Equity ratio | 70.6% | 32.6% |
| Debt-to-equity | 0.42 | 2.01 |
| Current ratio | 2.27 | 1.38 |
| Revenue growth | −49.1% | 5.2% |
The median and “ahead of” refer to medium-sized companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 42, CDS NORGE AS does better than 33% of medium-sized companies in the same sector (2,059 companies) in 2024.
Score 2023–2025
- CDS NORGE AS
- Median: medium-sized companies in the same sector
What the numbers say
CDS NORGE AS had an operating margin of −6.5% and an equity ratio of 70.6% in 2024, and ranks 24,510 of 37,180 in Handel.
From 2023 to 2024: revenue fell by 49% and the operating margin fell from −3.6% to −6.5%.
This text is generated automatically from the 2024 accounts.
Three simple methods
One method gives a figure: 210 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 210 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
Worth a closer look
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −5.4% (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 −6.5% (median 3.2%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
No anomalies found in the figures.
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 −65.6%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 5 | weight 30% |
|---|---|---|
| Solidity | 87 | weight 25% |
| Liquidity | 80 | weight 15% |
| Growth | 0 | weight 15% |
| Consistency | 42 | weight 15% |
Durability: 45 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is CDS NORGE AS?
The operating margin was −6.5% in 2024, against a median of 3.2% among medium-sized companies in the same sector. Return on assets was −4.4%. The company made a loss before tax.
How solid is CDS NORGE AS?
The equity ratio was 70.6% in 2024 (median 32.6%). Debt-to-equity was 0.42 (median 2.01).
What is the liquidity of CDS NORGE AS like?
The current ratio was 2.27 in 2024 (median 1.38).
How does CDS NORGE AS compare in Handel?
CDS NORGE AS ranks 24,510 of 37,180 in Handel for 2024. Among companies of the same size (medium-sized companies) it ranks 1,370 of 2,059. Revenue changed by −49.1% 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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 49 | 42 | 46 | |
| Rank | 17,985 | 24,510 | 22,393 | |
| Operating margin | −3.6% | −6.5% | −5.0% | |
| Return on assets | 0.5% | −4.4% | −2.8% | |
| Equity ratio | 67.3% | 70.6% | 55.5% | |
| Current ratio | 1.44 | 2.27 | 1.49 | |
| Revenue growth | – | −49.1% | 31.1% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 828.3 MNOK | 421.6 MNOK | 552.8 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 expenses | 31.6 MNOK | 9.9 MNOK | 10.1 MNOK |
| Total assets | 300.9 MNOK | 296.9 MNOK | 381.6 MNOK |
| Current assets | 141.7 MNOK | 198.0 MNOK | 252.7 MNOK |
| Equity | 202.5 MNOK | 209.5 MNOK | 211.8 MNOK |
| Retained earnings | 83.1 MNOK | 65.2 MNOK | 48.9 MNOK |
| Total liabilities | 98.4 MNOK | 87.4 MNOK | 169.8 MNOK |
| Current liabilities | 98.4 MNOK | 87.4 MNOK | 169.8 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5899943.
Further
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