NORTH TANDEM AS
Bankruptcy registered 15 April 2026 in the Central Coordinating Register. Bankruptcies
Accounts for 2025 are missing. The deadline was 31 July 2026. The Brønnøysund Register Centre does not publish when accounts arrived, only the latest year filed.
Score · fiscal year 2024
Not enough data: Bankrupt or being wound up
Based on the annual accounts for 2024
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 235 MNOK | 171 MNOK |
| Operating margin | 3.4% | 3.2% |
| Profit margin | 2.2% | 3.1% |
| Return on assets | 20.6% | 11.1% |
| Equity ratio | 6.2% | 32.6% |
| Debt-to-equity | 15.25 | 2.01 |
| Current ratio | 1.15 | 1.38 |
| Revenue growth | 27.2% | 5.2% |
The median and “ahead of” refer to companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
Score over time
Score over time needs at least two fiscal years with a score. It will appear when next year's figures are fetched or history is imported.
What the numbers say
NORTH TANDEM AS had an equity ratio of 6.2% in 2024. The company is not ranked: bankrupt or being wound up.
From 2023 to 2024: went from a loss to a profit before tax and revenue grew by 27%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 3 MNOK and 60 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 43 MNOK |
| EV/EBIT | 8.0 | 60 MNOK |
| P/B | 1.0 | 3 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 equity ratio is very low. Could the company absorb a bad year, and does it need more equity?
Based on: Equity ratio 6.2% (median 32.6%).
- watch
Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?
Based on: Revenue growth 27.2% (median 5.2%); Current ratio 1.15 (median 1.38).
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
Questions and answers
How profitable is NORTH TANDEM AS?
The operating margin was 3.4% in 2024, against a median of 3.2% among companies in the same sector. Return on assets was 20.6%.
How solid is NORTH TANDEM AS?
The equity ratio was 6.2% in 2024 (median 32.6%). Debt-to-equity was 15.25 (median 2.01).
What is the liquidity of NORTH TANDEM AS like?
The current ratio was 1.15 in 2024 (median 1.38).
From the Central Coordinating Register
- Org. no.
- 920412378
- Legal form
- AS
- Sector
- Handel (46.170)
- Size tier
- medium
- Employees
- 0–4 (not registered)
- Founded
- 10 January 2018 8 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Nesttunvegen 103, 5221 NESTTUN (BERGEN)
- Municipality
- Bergen rank 9 of 11 in KOSTRA group 12
- Latest accounts filed
- 2024
- Website
- www.northtandem.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
Roles have not been fetched yet.
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 · 2022–2024
| Key figure | 2022 | 2023 | 2024 | Trend |
|---|---|---|---|---|
| Index | – | – | – | |
| Rank | – | – | – | |
| Operating margin | 0.0% | 0.2% | 3.4% | |
| Return on assets | 9.6% | 3.6% | 20.6% | |
| Equity ratio | 12.3% | −2.2% | 6.2% | |
| Current ratio | 1.14 | 0.97 | 1.15 | |
| Revenue growth | – | 717.1% | 27.2% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2022 | 2023 | 2024 |
|---|---|---|---|
| Operating revenue | 22.6 MNOK | 184.8 MNOK | 235.1 MNOK |
| Operating profit | 0.0 MNOK | 0.4 MNOK | 8.0 MNOK |
| Profit before tax | 0.2 MNOK | −1.3 MNOK | 5.2 MNOK |
| Net profit | 0.2 MNOK | −1.3 MNOK | 4.3 MNOK |
| Financial expenses | 0.1 MNOK | 2.7 MNOK | 6.4 MNOK |
| Total assets | 3.9 MNOK | 40.2 MNOK | 56.3 MNOK |
| Current assets | 3.9 MNOK | 40.1 MNOK | 55.6 MNOK |
| Equity | 0.5 MNOK | −0.9 MNOK | 3.5 MNOK |
| Retained earnings | 0.4 MNOK | −0.9 MNOK | 3.4 MNOK |
| Total liabilities | 3.4 MNOK | 41.1 MNOK | 52.9 MNOK |
| Current liabilities | 3.4 MNOK | 41.1 MNOK | 48.5 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5714937.