Norflo AS

Org. no. 985901465 · Sola · Founded 2003 · 11 employees

Score · fiscal year 2025

69of 100

How to read this: the company is ahead of 85 % of companies in the Morning class Medium in the same sector in 2025. What does this mean?

Rank in the Morning class Medium: 572 of 3,711 · What are Morning company classes?
Place in the whole sector: 3,600 of 22,952 · Handel

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 87 and solidity 82 out of 100 among companies in the Morning class Medium in the same sector in 2025. Methodology

Against the sector

Norflo AS is 19 points above the median for companies in the Morning class Medium in the same sector in 2025.

Median score 50 among 3,711 companies.

Against companies in the Morning class Medium in the same sector in 2025: operating margin 10.2% (median 3.0%) and equity ratio 56.5% (median 30.0%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 29 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue59 MNOK93 MNOK
Operating margin 10.2% 3.0% 88 %
Profit margin 10.3% 2.8% shown, not part of the index
Return on assets 28.1% 11.6% 86 %
Equity ratio 56.5% 30.0% 83 %
Debt-to-equity 0.77 2.24 82 %
Current ratio 2.29 1.39 80 %
Revenue growth −5.8% 6.1% 15 %
Revenue per employee5.34 MNOK5.08 MNOK

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

With an index of 69, Norflo AS does better than 85% of companies in the Morning class Medium in the same sector (3,711 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Norflo AS
  • Median: companies in the Morning class Medium in the same sector
Summary analysis

Norflo AS has a score of 69 for 2025, rank 3,600 of 22,952 in the sector.

Strongest: Profitability: percentile 87 against peers, operating margin 10.2% against a median of 3.0%. Solidity: percentile 82 against peers, equity ratio 56.5% against a median of 30.0%.

Weakest: Growth: percentile 15 against peers, revenue growth −5.8% against a median of 6.1%.

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

Norflo AS had an operating margin of 10.2% and an equity ratio of 56.5% in 2025, and ranks 3,600 of 22,952 in Handel.

From 2024 to 2025: the equity ratio rose from 44.1% to 56.5% and the operating margin rose from 6.0% to 10.2%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 15 MNOK and 62 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 4.7 MNOK 10.0 47 MNOK
EV/EBIT Operating profit: 6.0 MNOK
minus net debt −14.6 MNOK
8.0 62 MNOK
P/B Equity: 15.2 MNOK 1.0 15 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

  • positive

    Upper quartile on profitability, solidity and liquidity. What sets this company apart from the rest of the sector?

    Based on: Operating margin 10.2% (median 3.0%); Equity ratio 56.5% (median 30.0%); Current ratio 2.29 (median 1.39).

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

Financial costs were 12.6% 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

Profitability87 weight 30%
Solidity82 weight 25%
Liquidity80 weight 15%
Growth15 weight 15%
Consistency52 weight 15%

Durability: 74 (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 Norflo AS?

The operating margin was 10.2% in 2025, against a median of 3.0% among companies in the Morning class Medium in the same sector. Return on assets was 28.1%.

How solid is Norflo AS?

The equity ratio was 56.5% in 2025 (median 30.0%). Debt-to-equity was 0.77 (median 2.24).

What is the liquidity of Norflo AS like?

The current ratio was 2.29 in 2025 (median 1.39).

How does Norflo AS compare in Handel?

Norflo AS ranks 3,600 of 22,952 in Handel for 2025. Among companies in the Morning class Medium it is number 572 of 3,711. Revenue changed by −5.8% from the year before.

From the Central Coordinating Register

Org. no.
985901465
Legal form
AS
Sector
Handel (46.640)
Morning company class
Medium
Employees
11 registered 10 March 2026
Founded
25 June 2003 23 years in operation
Share capital
0.25 MNOK
Business address
Moseidveien 13, 4033 STAVANGER (SOLA)
Municipality
Sola rank 2 of 27 in KOSTRA group 9
Latest accounts filed
2025
Website
www.norflo.no
LEI
636700YA94ZOZQ7XID20 renews 19 March 2027

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
Frode Medhus
Chair of the board
Svein Svensen
Board member
Gaute Wigbjørn Kindervåg
Auditor
Cedra Norge AS
Accountant
Addvant Stavanger AS

Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.

Parent company
Parent does not consolidate the company

Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 31 October 2026. The parent is the one the company itself reported to GLEIF.

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 29 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index827069
Rank1,5033,4223,600
Operating margin9.0%6.0%10.2%
Return on assets32.6%17.7%28.1%
Equity ratio63.0%44.1%56.5%
Current ratio2.681.772.29
Revenue growth–33.3%−5.8%

Accounts

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

Key figure202320242025
Operating revenue46.8 MNOK62.3 MNOK58.8 MNOK
Operating profit4.2 MNOK3.7 MNOK6.0 MNOK
Profit before tax5.4 MNOK4.6 MNOK6.1 MNOK
Net profit4.3 MNOK3.6 MNOK4.7 MNOK
Financial expenses1.5 MNOK1.0 MNOK1.5 MNOK
Total assets21.1 MNOK31.5 MNOK26.9 MNOK
Current assets21.0 MNOK31.3 MNOK26.7 MNOK
Equity13.3 MNOK13.9 MNOK15.2 MNOK
Retained earnings13.1 MNOK13.7 MNOK14.9 MNOK
Total liabilities7.8 MNOK17.6 MNOK11.7 MNOK
Current liabilities7.8 MNOK17.6 MNOK11.7 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 6692652.

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