NORDIC TEXTILE GROUP AS
Score · fiscal year 2025
59of 100
How to read this: the company is ahead of 70 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 11,926 of 38,671 · Handel
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 54 and solidity 67 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
NORDIC TEXTILE GROUP AS is 10 points above the median for medium-sized companies in the same sector in 2025.
Median score 49 among 2,198 companies.
Against medium-sized companies in the same sector in 2025: operating margin 5.8% (median 3.2%) and equity ratio 45.4% (median 32.6%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 306 MNOK | 173 MNOK |
| Operating margin | 5.8% | 3.2% |
| Profit margin | 4.9% | 3.2% |
| Return on assets | 7.9% | 11.6% |
| Equity ratio | 45.4% | 32.6% |
| Debt-to-equity | 1.20 | 2.03 |
| Current ratio | 3.15 | 1.38 |
| Revenue growth | 6.2% | 6.8% |
| Revenue per employee | 6.24 MNOK | 6.45 MNOK |
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 59, NORDIC TEXTILE GROUP AS does better than 70% of medium-sized companies in the same sector (2,203 companies) in 2025.
Score 2023–2025
- NORDIC TEXTILE GROUP AS
- Median: medium-sized companies in the same sector
NORDIC TEXTILE GROUP AS has a score of 59 for 2025, rank 11,926 of 38,671 in the sector.
Strongest: Liquidity: percentile 89 against peers, current ratio 3.15 against a median of 1.38. Solidity: percentile 67 against peers, equity ratio 45.4% against a median of 32.6%.
Weakest: Consistency: percentile 38 against peers.
Worth a closer look
- What lies behind weak consistency, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
NORDIC TEXTILE GROUP AS had an operating margin of 5.8% and an equity ratio of 45.4% in 2025, and ranks 11,926 of 38,671 in Handel.
No large changes in the key figures from 2024 to 2025.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 87 MNOK and 143 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 127 MNOK |
| EV/EBIT | 8.0 | 143 MNOK |
| P/B | 1.0 | 87 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
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.
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 | 54 | weight 30% |
|---|---|---|
| Solidity | 67 | weight 25% |
| Liquidity | 89 | weight 15% |
| Growth | 47 | weight 15% |
| Consistency | 38 | weight 15% |
Durability: 61 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is NORDIC TEXTILE GROUP AS?
The operating margin was 5.8% in 2025, against a median of 3.2% among medium-sized companies in the same sector. Return on assets was 7.9%.
How solid is NORDIC TEXTILE GROUP AS?
The equity ratio was 45.4% in 2025 (median 32.6%). Debt-to-equity was 1.20 (median 2.03).
What is the liquidity of NORDIC TEXTILE GROUP AS like?
The current ratio was 3.15 in 2025 (median 1.38).
How does NORDIC TEXTILE GROUP AS compare in Handel?
NORDIC TEXTILE GROUP AS ranks 11,926 of 38,671 in Handel for 2025. Among companies of the same size (medium-sized companies) it ranks 653 of 2,203. Revenue changed by 6.2% from the year before.
Public contracts
- Contracts awarded since 2024
- 7
- Total awarded value since 2024
- value not stated
- 2 contracts without a stated value are not in the total.
- Framework agreements
- 5
- Left out of the total: the value is a ceiling, not actual spend.
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 15 September 2026 | GJØVIK KOMMUNE FELLESENHET ANSKAFFELSER | RA-26-012-ALLE Rammeavtale for arbeidstøy, fottøy og verneutstyr Gjøvikregionen | 12.0 MNOK (framework) |
| 12 December 2025 | Bærum kommune | Kjøp av arbeidsklær og sko til helse og renhold samt kokkeklær | 4.0 MNOK (framework) |
| 28 October 2025 | Viken Vest Innkjøpssamarbeid (VVI) | (2025/3267) Arbeidstøy, lintøy og sko til helse/institusjon, kjøkken og renholdere, rammeavtale | 25.0 MNOK (framework) |
| 1 October 2025 | Alta kommune | Rammeavtale arbeidstøy, sengetøy og frottè til helseinstitusjoner | 0.8 MNOK (framework) |
| 20 March 2025 | VOIS - Vestfold Offentlige Innkjøpssamarbeid | VOIS - Flatt tøy, pasienttøy og arbeidstøy - Kontraktstildeling | value not stated |
| 2 July 2024 | INNLANDET FYLKESKOMMUNE | Arbeidstøy til tannhelse, renhold, kantine og kokker | value not stated |
| 4 March 2024 | NORDRE FOLLO KOMMUNE | Tekstiler - dyner, puter, sengetøy, håndklær, smekker, skittentøysekker osv. | value not stated |
| 16 March 2023 | GKI Grenlandskommunenes Innkjøpsenhet | Arbeidstøy og tekstiler hjemmetjenester og institusjoner | value not stated |
| 2 November 2022 | Lillestrøm Kommune | Anskaffelse rammeavtale for arbeidstøy, sko, tekstiler og verneutstyr | value not stated (2 lots) |
| 13 July 2022 | OFA - Konkurranseportal | Rammeavtale for institusjonstøy | value not stated |
Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.
Source: Doffin (DFØ), fetched 28 October 2026. Winners are matched on organisation number.
Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0
From the Central Coordinating Register
- Org. no.
- 916488386
- Legal form
- AS
- Sector
- Handel (46.410)
- Size tier
- medium
- Employees
- 49 registered 10 September 2026
- Founded
- 10 November 2015 10 years in operation
- Share capital
- 35.28 MNOK
- Business address
- Øvre Fyllingsveien 83, 5161 LAKSEVÅG (BERGEN)
- Municipality
- Bergen rank 9 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
- Website
- www.swm.no
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
- August Jostein Nordvik
- Chair of the board
- Michael Hauge Sørensen
- Board member
- August Jostein Nordvik
- Auditor
- ERNST & YOUNG AS
- Accountant
- COMPUTE ADVISOR 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 | 63 | 60 | 59 | |
| Rank | 9,726 | 10,737 | 11,926 | |
| Operating margin | 1.5% | 6.6% | 5.8% | |
| Return on assets | 4.3% | 11.1% | 7.9% | |
| Equity ratio | 62.5% | 43.7% | 45.4% | |
| Current ratio | 3.29 | 2.00 | 3.15 | |
| Revenue growth | – | 5.8% | 6.2% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 272.1 MNOK | 287.9 MNOK | 305.7 MNOK |
| Operating profit | 4.0 MNOK | 18.9 MNOK | 17.7 MNOK |
| Profit before tax | 3.5 MNOK | 18.7 MNOK | 15.1 MNOK |
| Net profit | 2.7 MNOK | 14.6 MNOK | 12.7 MNOK |
| Financial expenses | 5.4 MNOK | 4.6 MNOK | – |
| Total assets | 203.4 MNOK | 209.9 MNOK | 191.5 MNOK |
| Current assets | 176.9 MNOK | 191.7 MNOK | 173.1 MNOK |
| Equity | 127.2 MNOK | 91.8 MNOK | 87.0 MNOK |
| Retained earnings | 88.5 MNOK | 53.1 MNOK | 48.3 MNOK |
| Total liabilities | 76.2 MNOK | 118.1 MNOK | 104.5 MNOK |
| Current liabilities | 53.8 MNOK | 95.7 MNOK | 55.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7035740.
Further
Similar companies
- CANON BUSINESS CENTER VESTFOLD TELEMARK AS index 59, rank 11,871 · compare
- FISKERUTA AS index 59, rank 11,884 · compare
- STO NORGE AS index 59, rank 11,938 · compare
- AS NOR SWISS index 59, rank 11,945 · compare
- DATAMATIK AS index 59, rank 11,960 · compare