Norefjell Skisenter AS

Org. no. 948008823 · Krødsherad · Founded 1988 · 24 employees

Score · fiscal year 2023

52of 100

How to read this: the company is ahead of 54 % of companies in the Morning class Medium in the same sector in 2023. What does this mean?

Rank in the Morning class Medium: 39 of 83 · What are Morning company classes?
Place in the whole sector: 456 of 978 · Kultur og fritid

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 63 and solidity 44 out of 100 among companies in the Morning class Medium in the same sector in 2023. Methodology

Against the sector

Norefjell Skisenter AS is 2 points above the median for companies in the Morning class Medium in the same sector in 2023.

Median score 50 among 83 companies.

Against companies in the Morning class Medium in the same sector in 2023: operating margin 10.8% (median 2.1%) and equity ratio 27.2% (median 29.2%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 4 November 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue102 MNOK102 MNOK
Operating margin 10.8% 2.1% 71 %
Profit margin 5.0% 1.4% shown, not part of the index
Return on assets 6.1% 5.1% 56 %
Equity ratio 27.2% 29.2% 46 %
Debt-to-equity 2.68 2.01 42 %
Current ratio 1.08 1.05 52 %
Revenue growth – 68.8% not compared
Revenue per employee4.26 MNOK1.29 MNOK

The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 52, Norefjell Skisenter AS does better than 54% of companies in the Morning class Medium in the same sector (83 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Norefjell Skisenter AS
  • Median: companies in the Morning class Medium in the same sector
Analysis · 2023

What the numbers say

Norefjell Skisenter AS had an operating margin of 10.8% and an equity ratio of 27.2% in 2023, and ranks 456 of 978 in Kultur og fritid.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 39 MNOK and 57 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 3.9 MNOK 10.0 39 MNOK
EV/EBIT Operating profit: 11.0 MNOK
minus net debt 96.2 MNOK
8.0 debt above value
P/B Equity: 56.8 MNOK 1.0 57 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 · 2023

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 5.0% of the debt in 2023. The policy rate averaged 3.54 % 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 · 2026

Scenario analysis: the sector's weakest year

We have no accounts for 2026, the sector's weakest year, for this company.

The sector's weakest year was 2026, with a median operating margin of −5.4%. Based on the 7 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability63 weight 30%
Solidity44 weight 25%
Liquidity52 weight 15%
Growth– no data, left out
Consistency40 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2023

Questions and answers

How profitable is Norefjell Skisenter AS?

The operating margin was 10.8% in 2023, against a median of 2.1% among companies in the Morning class Medium in the same sector. Return on assets was 6.1%.

How solid is Norefjell Skisenter AS?

The equity ratio was 27.2% in 2023 (median 29.2%). Debt-to-equity was 2.68 (median 2.01).

What is the liquidity of Norefjell Skisenter AS like?

The current ratio was 1.08 in 2023 (median 1.05).

How does Norefjell Skisenter AS compare in Kultur og fritid?

Norefjell Skisenter AS ranks 456 of 978 in Kultur og fritid for 2023. Among companies in the Morning class Medium it is number 39 of 83.

From the Central Coordinating Register

Org. no.
948008823
Legal form
AS
Sector
Kultur og fritid (93.110)
Morning company class
Medium
Employees
24 registered 10 October 2026
Founded
1 August 1988 38 years in operation
Share capital
1.10 MNOK
Business address
3536 NORESUND (KRØDSHERAD)
Municipality
Krødsherad rank 3–17 of 39 in KOSTRA group 4
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 31 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 4 November 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index524846
Rank456545594
Operating margin10.8%10.0%6.9%
Return on assets6.1%5.9%4.5%
Equity ratio27.2%29.4%27.7%
Current ratio1.080.850.76
Revenue growth–4.7%8.2%

Accounts

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

Key figure202320242025
Operating revenue102.2 MNOK107.1 MNOK115.9 MNOK
Operating profit11.0 MNOK10.7 MNOK8.0 MNOK
Profit before tax5.1 MNOK4.9 MNOK2.8 MNOK
Net profit3.9 MNOK3.8 MNOK2.2 MNOK
Financial expenses7.7 MNOK6.9 MNOK6.6 MNOK
Total assets208.9 MNOK199.5 MNOK206.1 MNOK
Current assets54.0 MNOK36.2 MNOK42.6 MNOK
Equity56.8 MNOK58.7 MNOK57.1 MNOK
Retained earnings18.1 MNOK20.0 MNOK18.4 MNOK
Total liabilities152.1 MNOK140.7 MNOK149.0 MNOK
Current liabilities50.1 MNOK42.6 MNOK56.4 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 4 November 2026, accounts id 4895531.