1423 NORGE AS
Score · fiscal year 2025
38of 100
How to read this: the company is ahead of 32 % of small companies in the same sector in 2025. What does this mean?
Rank: 17,706 of 25,623 · Handel
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 59 and solidity 0 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
1423 NORGE AS is 12 points below the median for small companies in the same sector in 2025.
Median score 50 among 24,290 companies.
Against small companies in the same sector in 2025: operating margin 2.4% (median 2.0%) and equity ratio −55.4% (median 31.3%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 2 MNOK | 2 MNOK |
| Operating margin | 2.4% | 2.0% |
| Profit margin | −2.2% | 1.7% |
| Return on assets | 10.4% | 2.2% |
| Equity ratio | −55.4% | 31.3% |
| Debt-to-equity | – | 1.13 |
| Current ratio | 0.64 | 1.54 |
| Revenue growth | 75.0% | 4.4% |
The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 38, 1423 NORGE AS does better than 32% of small companies in the same sector (24,669 companies) in 2025.
Score 2023–2025
- 1423 NORGE AS
- Median: small companies in the same sector
What the numbers say
1423 NORGE AS had an operating margin of 2.4% and an equity ratio of −55.4% in 2025, and ranks 17,706 of 25,623 in Handel.
From 2024 to 2025: revenue grew by 75% and the equity ratio fell from −21.8% to −55.4%.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 1 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | 1 MNOK |
| P/B | 1.0 | not meaningful |
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
- critical
Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?
Based on: Equity ratio −55.4% (median 31.3%).
- watch
Consider strengthening liquidity: current liabilities are 1.6 times current assets.
Based on: Current ratio 0.64 (median 1.54).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −2.2% (median 1.7%).
- 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 75.0% (median 4.4%); Current ratio 0.64 (median 1.54).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
- critical Negative equity
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 0.8%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 59 | weight 30% |
|---|---|---|
| Solidity | 0 | weight 25% |
| Liquidity | 18 | weight 15% |
| Growth | 86 | weight 15% |
| Consistency | 33 | weight 15% |
Durability: 28 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is 1423 NORGE AS?
The operating margin was 2.4% in 2025, against a median of 2.0% among small companies in the same sector. Return on assets was 10.4%. The company made a loss before tax.
How solid is 1423 NORGE AS?
The equity ratio was −55.4% in 2025 (median 31.3%). Equity is negative, so liabilities exceed assets.
What is the liquidity of 1423 NORGE AS like?
The current ratio was 0.64 in 2025 (median 1.54). Current assets did not cover current liabilities.
How does 1423 NORGE AS compare in Handel?
1423 NORGE AS ranks 17,706 of 25,623 in Handel for 2025. Among companies of the same size (small companies) it ranks 16,697 of 24,669. Revenue changed by 75.0% from the year before.
From the Central Coordinating Register
- Org. no.
- 928285251
- Legal form
- AS
- Sector
- Handel (46.340)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 1 September 2021 5 years in operation
- Share capital
- 0.03 MNOK
- Business address
- c/o Scanvat, Johannes Bruns gate 13A, 0452 OSLO
- Municipality
- Oslo rank 23–283 of 357 in Norway
- Audit
- Audit opted out from 17 January 2022
- Latest accounts filed
- 2025
- Website
- www.1423.dk
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
- Thomas Vogensen
- Chair of the board
- Thomas Vogensen
- Board member
- Parminder Singh Bhatia
- Board member
- Joshua Manjeet David Singh
- Accountant
- SCANVAT
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 27 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 6 | 39 | 38 | |
| Rank | 20,773 | 16,198 | 17,706 | |
| Operating margin | −275.2% | 1.3% | 2.4% | |
| Return on assets | −66.0% | 1.0% | 10.4% | |
| Equity ratio | −131.5% | −21.8% | −55.4% | |
| Current ratio | 0.43 | 0.82 | 0.64 | |
| Revenue growth | – | 1,958.5% | 75.0% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.0 MNOK | 0.9 MNOK | 1.6 MNOK |
| Operating profit | −0.1 MNOK | 0.0 MNOK | 0.0 MNOK |
| Profit before tax | −0.1 MNOK | 0.0 MNOK | 0.0 MNOK |
| Net profit | −0.1 MNOK | 0.0 MNOK | 0.0 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.1 MNOK |
| Total assets | 0.2 MNOK | 1.2 MNOK | 0.5 MNOK |
| Current assets | 0.2 MNOK | 1.2 MNOK | 0.5 MNOK |
| Equity | −0.2 MNOK | −0.3 MNOK | −0.3 MNOK |
| Retained earnings | −0.2 MNOK | −0.3 MNOK | −0.3 MNOK |
| Total liabilities | 0.4 MNOK | 1.4 MNOK | 0.8 MNOK |
| Current liabilities | 0.4 MNOK | 1.4 MNOK | 0.8 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 7118241.
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