Varde Kaffehus AS

Org. no. 923714715 · Horten · Founded 2019 · 5 employees

Score · fiscal year 2024

56of 100

How to read this: the company is ahead of 61 % of companies in the Morning class Micro in the same sector in 2024. What does this mean?

Rank in the Morning class Micro: 4,296 of 11,065 · What are Morning company classes?
Place in the whole sector: 8,688 of 22,237 · Handel

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 66 and solidity 37 out of 100 among companies in the Morning class Micro in the same sector in 2024. Methodology

Against the sector

Varde Kaffehus AS is 6 points above the median for companies in the Morning class Micro in the same sector in 2024.

Median score 50 among 11,058 companies.

Against companies in the Morning class Micro in the same sector in 2024: operating margin 7.7% (median 2.3%) and equity ratio 27.8% (median 34.8%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue3 MNOK4 MNOK
Operating margin 7.7% 2.3% 72 %
Profit margin 7.0% 1.8% shown, not part of the index
Return on assets 9.5% 5.5% 60 %
Equity ratio 27.8% 34.8% 43 %
Debt-to-equity 2.60 1.23 30 %
Current ratio 1.38 1.76 37 %
Revenue growth 35.9% 2.8% 83 %
Revenue per employee0.67 MNOK0.74 MNOK

The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 56, Varde Kaffehus AS does better than 61% of companies in the Morning class Micro in the same sector (11,065 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Varde Kaffehus AS
  • Median: companies in the Morning class Micro in the same sector
Analysis · 2024

What the numbers say

Varde Kaffehus AS had an operating margin of 7.7% and an equity ratio of 27.8% in 2024, and ranks 8,688 of 22,237 in Handel.

From 2023 to 2024: the operating margin fell from 21.6% to 7.7% and revenue grew by 36%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 1 MNOK and 2 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.2 MNOK 10.0 2 MNOK
EV/EBIT Operating profit: 0.3 MNOK
minus net debt −0.1 MNOK
8.0 2 MNOK
P/B Equity: 0.8 MNOK 1.0 1 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 · 2024

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.

Financial costs were 1.3% of the debt in 2024. The policy rate averaged 4.50 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.

See interest rates, prices and exchange rates for the sector

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 1.5%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability66 weight 30%
Solidity37 weight 25%
Liquidity37 weight 15%
Growth83 weight 15%
Consistency59 weight 15%

Durability: 57 (average over 2 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2024

Questions and answers

How profitable is Varde Kaffehus AS?

The operating margin was 7.7% in 2024, against a median of 2.3% among companies in the Morning class Micro in the same sector. Return on assets was 9.5%.

How solid is Varde Kaffehus AS?

The equity ratio was 27.8% in 2024 (median 34.8%). Debt-to-equity was 2.60 (median 1.23).

What is the liquidity of Varde Kaffehus AS like?

The current ratio was 1.38 in 2024 (median 1.76).

How does Varde Kaffehus AS compare in Handel?

Varde Kaffehus AS ranks 8,688 of 22,237 in Handel for 2024. Among companies in the Morning class Micro it is number 4,296 of 11,065. Revenue changed by 35.9% from the year before.

From the Central Coordinating Register

Org. no.
923714715
Legal form
AS
Sector
Handel (46.370)
Morning company class
Micro
Employees
5 registered 10 January 2026
Founded
24 September 2019 7 years in operation
Share capital
0.03 MNOK
Business address
Langmyra 2, 3185 SKOPPUM (HORTEN)
Municipality
Horten rank 20–27 of 27 in KOSTRA group 9
Audit
Audit opted out from 29 October 2019
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

Loading roles …

Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.

Owners and shareholdings will appear here once the shareholder data extract is in place.

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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
Index585661
Rank7,9398,6886,563
Operating margin21.6%7.7%28.7%
Return on assets26.0%9.5%26.5%
Equity ratio28.4%27.8%31.7%
Current ratio1.401.381.49
Revenue growth–35.9%9.8%

Accounts

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

Key figure202320242025
Operating revenue2.5 MNOK3.3 MNOK3.7 MNOK
Operating profit0.5 MNOK0.3 MNOK1.1 MNOK
Profit before tax0.5 MNOK0.2 MNOK0.9 MNOK
Net profit0.4 MNOK0.2 MNOK0.7 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.1 MNOK
Total assets2.0 MNOK2.7 MNOK4.0 MNOK
Current assets2.0 MNOK2.7 MNOK3.8 MNOK
Equity0.6 MNOK0.8 MNOK1.3 MNOK
Retained earnings0.6 MNOK0.7 MNOK1.3 MNOK
Total liabilities1.5 MNOK2.0 MNOK2.8 MNOK
Current liabilities1.5 MNOK2.0 MNOK2.6 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5544943.

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