NICO MAT AS

Org. no. 916155115 · KVINESDAL · Founded 2015 · 62 employees

Score · fiscal year 2023

54of 100

How to read this: the company is ahead of 57 % of small companies in the same sector in 2023. What does this mean?

Rank: 9,219 of 21,669 · Handel

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 49 and solidity 45 out of 100 among small companies in the same sector in 2023. Methodology

Against the sector

NICO MAT AS is 4 points above the median for small companies in the same sector in 2023.

Median score 50 among 20,584 companies.

Against small companies in the same sector in 2023: operating margin 1.1% (median 2.1%) and equity ratio 34.9% (median 32.9%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue68 MNOK3 MNOK
Operating margin 1.1% 2.1% 44 %
Profit margin 0.6% 1.7% shown, not part of the index
Return on assets 4.0% 2.4% 54 %
Equity ratio 34.9% 32.9% 52 %
Debt-to-equity 1.87 1.12 39 %
Current ratio 2.17 1.55 63 %
Revenue growth – 3.3% not compared
Revenue per employee1.09 MNOK1.38 MNOK

The median and “ahead of” refer to small companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 54, NICO MAT AS does better than 57% of small companies in the same sector (20,655 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • NICO MAT AS
  • Median: small companies in the same sector
Analysis · 2023

What the numbers say

NICO MAT AS had an operating margin of 1.1% and an equity ratio of 34.9% in 2023, and ranks 9,219 of 21,669 in Handel.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 1 MNOK and 7 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.3 MNOK 10.0 3 MNOK
EV/EBIT Operating profit: 0.7 MNOK
minus net debt 4.8 MNOK
8.0 1 MNOK
P/B Equity: 6.9 MNOK 1.0 7 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 · 2023

Worth a closer look

No rules were triggered for this year.

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 · 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 0.8%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability49 weight 30%
Solidity45 weight 25%
Liquidity63 weight 15%
Growth– no data, left out
Consistency71 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2023

Questions and answers

How profitable is NICO MAT AS?

The operating margin was 1.1% in 2023, against a median of 2.1% among small companies in the same sector. Return on assets was 4.0%.

How solid is NICO MAT AS?

The equity ratio was 34.9% in 2023 (median 32.9%). Debt-to-equity was 1.87 (median 1.12).

What is the liquidity of NICO MAT AS like?

The current ratio was 2.17 in 2023 (median 1.55).

How does NICO MAT AS compare in Handel?

NICO MAT AS ranks 9,219 of 21,669 in Handel for 2023. Among companies of the same size (small companies) it ranks 8,797 of 20,655.

From the Central Coordinating Register

Org. no.
916155115
Legal form
AS
Sector
Handel (47.110)
Size tier
small
Employees
62 registered 10 October 2026
Founded
30 August 2015 11 years in operation
Share capital
0.03 MNOK
Business address
Nesgata, 4480 KVINESDAL
Municipality
Kvinesdal rank 6–22 of 33 in KOSTRA group 5
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
Geir Nicolai Nilsen
Chair of the board
Jan Aage Nilsen
Board member
Rolf Nilsen
Auditor
CEDRA NORGE 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.

Report an issue

Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index545646
Rank9,2199,02514,554
Operating margin1.1%1.5%1.5%
Return on assets4.0%5.7%6.9%
Equity ratio34.9%38.2%17.7%
Current ratio2.172.171.31
Revenue growth–5.0%0.3%

Accounts

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

Key figure202320242025
Operating revenue67.7 MNOK71.1 MNOK71.3 MNOK
Operating profit0.7 MNOK1.1 MNOK1.0 MNOK
Profit before tax0.4 MNOK0.6 MNOK0.6 MNOK
Net profit0.3 MNOK0.5 MNOK0.5 MNOK
Financial expenses0.4 MNOK0.5 MNOK0.4 MNOK
Total assets19.9 MNOK19.0 MNOK15.5 MNOK
Current assets13.6 MNOK12.2 MNOK9.5 MNOK
Equity6.9 MNOK7.3 MNOK2.7 MNOK
Retained earnings6.9 MNOK7.2 MNOK2.7 MNOK
Total liabilities12.9 MNOK11.7 MNOK12.8 MNOK
Current liabilities6.3 MNOK5.6 MNOK7.2 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 4936013.

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