North Car AS

Org. no. 931729241 · Eidsvoll · Founded 2023

Score · fiscal year 2025

77of 100

How to read this: the company is ahead of 94 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?

Rank in the Morning class Micro: 638 of 11,281 · What are Morning company classes?
Place in the whole sector: 1,244 of 22,940 · Handel

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 77 and solidity 53 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology

Against the sector

North Car AS is 27 points above the median for companies in the Morning class Micro in the same sector in 2025.

Median score 50 among 11,278 companies.

Against companies in the Morning class Micro in the same sector in 2025: operating margin 6.2% (median 2.6%) and equity ratio 43.1% (median 33.5%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 27 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue8 MNOK4 MNOK
Operating margin 6.2% 2.6% 66 %
Profit margin 6.0% 2.1% shown, not part of the index
Return on assets 33.2% 6.2% 89 %
Equity ratio 43.1% 33.5% 58 %
Debt-to-equity 1.32 1.25 48 %
Current ratio 14.18 1.74 97 %
Revenue growth 107.0% 4.0% 92 %

The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 77, North Car AS does better than 94% of companies in the Morning class Micro in the same sector (11,281 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • North Car AS
  • Median: companies in the Morning class Micro in the same sector
Summary analysis

North Car AS has a score of 77 for 2025, rank 1,244 of 22,940 in the sector.

Strongest: Liquidity: percentile 97 against peers, current ratio 14.18 against a median of 1.74. Growth: percentile 92 against peers, revenue growth 107.0% against a median of 4.0%.

No area is clearly below its peers.

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

North Car AS had an operating margin of 6.2% and an equity ratio of 43.1% in 2025, and ranks 1,244 of 22,940 in Handel.

From 2024 to 2025: revenue grew by 107% and the equity ratio rose from 18.4% to 43.1%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 1 MNOK and 2 MNOK.

MethodInputMultipleListed basisEstimate
P/E Net profit (mean 2023–2025): 0.2 MNOK 21.2 4 MNOK 2 MNOK
EV/EBIT Operating profit (mean 2023–2025): 0.3 MNOK
minus net debt 0.7 MNOK
16.6 4 MNOK 2 MNOK
P/B Equity: 0.7 MNOK 2.2 1 MNOK 1 MNOK

The listed basis is the value at listed multiples. The estimate is lowered by 51% for an unlisted company: 20% for lack of marketability and 38% for size (a small-company premium of 4% on the cost of equity).

A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. See the calculation

Indications · 2025

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 2.1% of the debt in 2025. The policy rate averaged 4.30 % 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 · 2025

What the score is made of

Profitability77 weight 30%
Solidity53 weight 25%
Liquidity97 weight 15%
Growth92 weight 15%
Consistency83 weight 15%

Durability: 61 (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 North Car AS?

The operating margin was 6.2% in 2025, against a median of 2.6% among companies in the Morning class Micro in the same sector. Return on assets was 33.2%.

How solid is North Car AS?

The equity ratio was 43.1% in 2025 (median 33.5%). Debt-to-equity was 1.32 (median 1.25).

What is the liquidity of North Car AS like?

The current ratio was 14.18 in 2025 (median 1.74).

How does North Car AS compare in Handel?

North Car AS ranks 1,244 of 22,940 in Handel for 2025. Among companies in the Morning class Micro it is number 638 of 11,281. Revenue changed by 107.0% from the year before.

From the Central Coordinating Register

Org. no.
931729241
Legal form
AS
Sector
Handel (47.810)
Morning company class
Micro
Employees
0–4 (not registered)
Founded
13 June 2023 3 years in operation
Share capital
0.03 MNOK
Business address
Industrivegen 37, 2072 DAL (EIDSVOLL)
Municipality
Eidsvoll rank 12–26 of 27 in KOSTRA group 9
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.

Shareholders (2025)

Number of shareholders
1 (one owner)
Largest owner
100.0%
Split
companies 0% · private persons 100% · foreign 0%
Owned from the same municipality
0%
Group chain
Ultimate owner: private person

The company is new in the shareholder register in 2025.

Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.

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
Index545277
Rank9,22810,1921,244
Operating margin5.5%3.9%6.2%
Return on assets15.5%10.7%33.2%
Equity ratio12.0%18.4%43.1%
Current ratio25.333.8014.18
Revenue growth–−1.8%107.0%

Accounts

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

Key figure202320242025
Operating revenue4.0 MNOK3.9 MNOK8.1 MNOK
Operating profit0.2 MNOK0.2 MNOK0.5 MNOK
Profit before tax0.2 MNOK0.1 MNOK0.5 MNOK
Tax expense0.0 MNOK0.0 MNOK0.1 MNOK
Net profit0.1 MNOK0.1 MNOK0.4 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets1.5 MNOK1.5 MNOK1.5 MNOK
Current assets1.5 MNOK1.5 MNOK1.5 MNOK
Equity0.2 MNOK0.3 MNOK0.7 MNOK
Retained earnings0.1 MNOK0.2 MNOK0.6 MNOK
Total liabilities1.3 MNOK1.2 MNOK0.9 MNOK
Current liabilities0.1 MNOK0.4 MNOK0.1 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 6787234.