NOR MINERALS AS

Org. no. 977554977 · PORSGRUNN · Founded 1997

Score · fiscal year 2025

41of 100

How to read this: the company is ahead of 34 % of small companies in the same sector in 2025. What does this mean?

Rank: 25,790 of 38,671 · Handel

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 35 and solidity 53 out of 100 among small companies in the same sector in 2025. Methodology

Against the sector

NOR MINERALS AS is 9 points below the median for small companies in the same sector in 2025.

Median score 50 among 36,111 companies.

Source: Register of Company Accounts and Central Coordinating RegisterFetched 28 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue0 MNOK3 MNOK
Operating margin – 2.5% not compared
Profit margin – 2.2% shown, not part of the index
Return on assets −0.7% 4.0% 35 %
Equity ratio 48.6% 38.3% 58 %
Debt-to-equity 1.06 0.99 49 %
Current ratio 1.94 1.70 56 %
Revenue growth – 3.5% not compared

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 41, NOR MINERALS AS does better than 34% of small companies in the same sector (36,580 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • NOR MINERALS AS
  • Median: small companies in the same sector
Summary analysis

NOR MINERALS AS has a score of 41 for 2025, rank 25,790 of 38,671 in the sector.

Strongest: Liquidity: percentile 56 against peers, current ratio 1.94 against a median of 1.70.

Weakest: Consistency: percentile 20 against peers. Profitability: percentile 35 against peers.

Worth a closer look

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

NOR MINERALS AS had an operating margin of – and an equity ratio of 48.6% in 2025, and ranks 25,790 of 38,671 in Handel.

From 2024 to 2025: the equity ratio fell from 62.3% to 48.6%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

One method gives a figure: 2 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −0.5 MNOK 10.0 not meaningful
EV/EBIT Operating profit: 0.0 MNOK 8.0 not meaningful
P/B Equity: 2.0 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 · 2025

Worth a closer look

  • watch

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin – (median 2.2%).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 20.7% 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.

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 −65.6%. 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

Profitability35 weight 30%
Solidity53 weight 25%
Liquidity56 weight 15%
Growth– no data, left out
Consistency20 weight 15%

Durability: 47 (average over 3 years)

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

2025

Questions and answers

How profitable is NOR MINERALS AS?

The operating margin was – in 2025, against a median of 2.5% among small companies in the same sector. Return on assets was −0.7%. The company made a loss before tax.

How solid is NOR MINERALS AS?

The equity ratio was 48.6% in 2025 (median 38.3%). Debt-to-equity was 1.06 (median 0.99).

What is the liquidity of NOR MINERALS AS like?

The current ratio was 1.94 in 2025 (median 1.70).

How does NOR MINERALS AS compare in Handel?

NOR MINERALS AS ranks 25,790 of 38,671 in Handel for 2025. Among companies of the same size (small companies) it ranks 24,021 of 36,580.

From the Central Coordinating Register

Org. no.
977554977
Legal form
AS
Sector
Handel (47.810)
Size tier
small
Employees
0–4 (not registered)
Founded
29 April 1997 29 years in operation
Share capital
2.60 MNOK
Business address
Jernbanegata 6, 3916 PORSGRUNN
Municipality
Porsgrunn rank 6–12 of 13 in KOSTRA group 10
Audit
Audit opted out from 2 April 2013
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
Tor Johannessen
Chair of the board
Tor Johannessen
Accountant
AIDER AS

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.

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Figures last fetched 28 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index534741
Rank15,58420,61525,790
Operating margin–––
Return on assets1.5%−0.8%−0.7%
Equity ratio65.7%62.3%48.6%
Current ratio2.922.651.94
Revenue growth–––

Accounts

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

Key figure202320242025
Operating revenue0.0 MNOK0.0 MNOK0.0 MNOK
Operating profit0.1 MNOK0.0 MNOK0.0 MNOK
Profit before tax0.0 MNOK−0.1 MNOK−0.5 MNOK
Net profit0.0 MNOK−0.1 MNOK−0.5 MNOK
Financial expenses0.1 MNOK0.0 MNOK0.4 MNOK
Total assets3.8 MNOK3.9 MNOK4.0 MNOK
Current assets3.8 MNOK3.9 MNOK4.0 MNOK
Equity2.5 MNOK2.4 MNOK2.0 MNOK
Retained earnings−0.1 MNOK−0.2 MNOK−0.6 MNOK
Total liabilities1.3 MNOK1.5 MNOK2.1 MNOK
Current liabilities1.3 MNOK1.5 MNOK2.1 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 6551895.

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