NORTHERN APPAREL AS

Org. no. 926487922 · FROLAND · Founded 2021 · 6 employees

Score · fiscal year 2024

43of 100

How to read this: the company is ahead of 36 % of small companies in the same sector in 2024. What does this mean?

Rank: 18,389 of 28,783 · Handel

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 52 and solidity 25 out of 100 among small companies in the same sector in 2024. Methodology

Against the sector

NORTHERN APPAREL AS is 7 points below the median for small companies in the same sector in 2024.

Median score 50 among 26,966 companies.

Against small companies in the same sector in 2024: operating margin 1.3% (median 2.1%) and equity ratio 15.5% (median 35.5%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 27 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue61 MNOK3 MNOK
Operating margin 1.3% 2.1% 46 %
Profit margin 0.1% 1.8% shown, not part of the index
Return on assets 6.6% 2.9% 59 %
Equity ratio 15.5% 35.5% 34 %
Debt-to-equity 5.46 1.03 17 %
Current ratio 1.65 1.62 51 %
Revenue growth −9.5% 2.6% 28 %
Revenue per employee10.14 MNOK1.54 MNOK

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

With an index of 43, NORTHERN APPAREL AS does better than 36% of small companies in the same sector (27,072 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • NORTHERN APPAREL AS
  • Median: small companies in the same sector
Analysis · 2024

What the numbers say

NORTHERN APPAREL AS had an operating margin of 1.3% and an equity ratio of 15.5% in 2024, and ranks 18,389 of 28,783 in Handel.

No large changes in the key figures from 2023 to 2024.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 0 MNOK and 3 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.0 MNOK 10.0 0 MNOK
EV/EBIT Operating profit: 0.8 MNOK
minus net debt 3.5 MNOK
8.0 3 MNOK
P/B Equity: 2.3 MNOK 1.0 2 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.

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 · 2024

What the score is made of

Profitability52 weight 30%
Solidity25 weight 25%
Liquidity51 weight 15%
Growth28 weight 15%
Consistency58 weight 15%

Durability: 42 (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 NORTHERN APPAREL AS?

The operating margin was 1.3% in 2024, against a median of 2.1% among small companies in the same sector. Return on assets was 6.6%.

How solid is NORTHERN APPAREL AS?

The equity ratio was 15.5% in 2024 (median 35.5%). Debt-to-equity was 5.46 (median 1.03).

What is the liquidity of NORTHERN APPAREL AS like?

The current ratio was 1.65 in 2024 (median 1.62).

How does NORTHERN APPAREL AS compare in Handel?

NORTHERN APPAREL AS ranks 18,389 of 28,783 in Handel for 2024. Among companies of the same size (small companies) it ranks 17,216 of 27,072. Revenue changed by −9.5% from the year before.

From the Central Coordinating Register

Org. no.
926487922
Legal form
AS
Sector
Handel (47.710)
Size tier
small
Employees
6 registered 10 October 2025
Founded
7 January 2021 5 years in operation
Share capital
0.39 MNOK
Business address
c/o Northern Apparel AS, Bjørumsvegen 15, 4820 FROLAND
Municipality
Froland rank 12–33 of 40 in KOSTRA group 1
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
Regine Finjord Johnsen
Chair of the board
Bjørn Anders Finjord Johnsen
Board member
Regine Finjord Johnsen
Auditor
ES REVISJON AS
Accountant
TØCO A/S

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 27 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index424342
Rank16,69218,38919,923
Operating margin2.6%1.3%1.0%
Return on assets12.7%6.6%4.7%
Equity ratio15.3%15.5%13.5%
Current ratio1.171.651.46
Revenue growth–−9.5%−6.5%

Accounts

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

Key figure202320242025
Operating revenue67.2 MNOK60.8 MNOK56.8 MNOK
Operating profit1.8 MNOK0.8 MNOK0.6 MNOK
Profit before tax0.1 MNOK0.1 MNOK0.0 MNOK
Net profit0.0 MNOK0.0 MNOK0.0 MNOK
Financial expenses1.8 MNOK0.9 MNOK0.8 MNOK
Total assets14.9 MNOK14.7 MNOK16.8 MNOK
Current assets14.8 MNOK13.9 MNOK16.2 MNOK
Equity2.3 MNOK2.3 MNOK2.3 MNOK
Retained earnings0.5 MNOK0.4 MNOK0.4 MNOK
Total liabilities12.6 MNOK12.4 MNOK14.5 MNOK
Current liabilities12.6 MNOK8.4 MNOK11.1 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 6149565.