NORWEGIAN LAB AS

Org. no. 922766533 · OSLO · Founded 2019 · 29 employees

Score · fiscal year 2025

61of 100

How to read this: the company is ahead of 74 % of medium-sized companies in the same sector in 2025. What does this mean?

Rank: 8,233 of 30,442 · Handel

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 96 and solidity 26 out of 100 among medium-sized companies in the same sector in 2025. Methodology

Against the sector

NORWEGIAN LAB AS is 11 points above 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 12.5% (median 3.1%) and equity ratio 20.1% (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 revenue606 MNOK176 MNOK
Operating margin 12.5% 3.1% 93 %
Profit margin 6.2% 3.1% shown, not part of the index
Return on assets 59.7% 11.3% 99 %
Equity ratio 20.1% 32.6% 26 %
Debt-to-equity 3.99 2.02 26 %
Current ratio 1.18 1.38 33 %
Revenue growth 72.5% 6.7% 94 %
Revenue per employee20.89 MNOK6.44 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 61, NORWEGIAN LAB AS does better than 74% of medium-sized companies in the same sector (1,668 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • NORWEGIAN LAB AS
  • Median: medium-sized companies in the same sector
Summary analysis

NORWEGIAN LAB AS has a score of 61 for 2025, rank 8,233 of 30,442 in the sector.

Strongest: Profitability: percentile 96 against peers, operating margin 12.5% against a median of 3.1%. Growth: percentile 94 against peers, revenue growth 72.5% against a median of 6.7%.

Weakest: Solidity: percentile 26 against peers, equity ratio 20.1% against a median of 32.6%. Liquidity: percentile 33 against peers, current ratio 1.18 against a median of 1.38.

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

NORWEGIAN LAB AS had an operating margin of 12.5% and an equity ratio of 20.1% in 2025, and ranks 8,233 of 30,442 in Handel.

From 2024 to 2025: the operating margin fell from 29.3% to 12.5% and revenue grew by 73%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 27 MNOK and 613 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 29.1 MNOK 10.0 291 MNOK
EV/EBIT Operating profit: 75.7 MNOK
minus net debt −7.2 MNOK
8.0 613 MNOK
P/B Equity: 26.5 MNOK 1.0 27 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

    Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?

    Based on: Revenue growth 72.5% (median 6.7%); Current ratio 1.18 (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.

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

Profitability96 weight 30%
Solidity26 weight 25%
Liquidity33 weight 15%
Growth94 weight 15%
Consistency46 weight 15%

Durability: 56 (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 NORWEGIAN LAB AS?

The operating margin was 12.5% in 2025, against a median of 3.1% among medium-sized companies in the same sector. Return on assets was 59.7%.

How solid is NORWEGIAN LAB AS?

The equity ratio was 20.1% in 2025 (median 32.6%). Debt-to-equity was 3.99 (median 2.02).

What is the liquidity of NORWEGIAN LAB AS like?

The current ratio was 1.18 in 2025 (median 1.38).

How does NORWEGIAN LAB AS compare in Handel?

NORWEGIAN LAB AS ranks 8,233 of 30,442 in Handel for 2025. Among companies of the same size (medium-sized companies) it ranks 427 of 1,668. Revenue changed by 72.5% from the year before.

From the Central Coordinating Register

Org. no.
922766533
Legal form
AS
Sector
Handel (47.270)
Size tier
medium
Employees
29 registered 10 June 2026
Founded
5 April 2019 7 years in operation
Share capital
0.03 MNOK
Business address
Sommerrogata 15, 0255 OSLO
Municipality
Oslo rank 106–282 of 357 in Norway
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
Karsten Kjoss
Chair of the board
Pål Skistad
Board member
Karsten Kjoss
Auditor
ERNST & YOUNG 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
Index535461
Rank11,82312,3348,233
Operating margin20.4%29.3%12.5%
Return on assets74.5%121.6%59.7%
Equity ratio16.1%6.2%20.1%
Current ratio1.141.041.18
Revenue growth–160.0%72.5%

Accounts

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

Key figure202320242025
Operating revenue135.0 MNOK351.1 MNOK605.7 MNOK
Operating profit27.5 MNOK102.9 MNOK75.7 MNOK
Profit before tax19.8 MNOK80.9 MNOK37.4 MNOK
Net profit16.8 MNOK63.1 MNOK29.1 MNOK
Financial expenses9.1 MNOK24.5 MNOK41.4 MNOK
Total assets38.8 MNOK86.6 MNOK132.1 MNOK
Current assets37.0 MNOK84.9 MNOK125.0 MNOK
Equity6.2 MNOK5.4 MNOK26.5 MNOK
Retained earnings6.2 MNOK5.4 MNOK26.5 MNOK
Total liabilities32.5 MNOK81.3 MNOK105.6 MNOK
Current liabilities32.5 MNOK81.3 MNOK105.6 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7158711.