NORGESDEKK AS
Score · fiscal year 2025
63of 100
How to read this: the company is ahead of 81 % of large companies in the same sector in 2025. What does this mean?
Rank: 9,449 of 38,670 · Handel
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 94 and solidity 37 out of 100 among large companies in the same sector in 2025. Methodology
Against the sector
NORGESDEKK AS is 13 points above the median for large companies in the same sector in 2025.
Median score 50 among 362 companies.
Against large companies in the same sector in 2025: operating margin 14.4% (median 2.1%) and equity ratio 24.6% (median 34.6%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 1,275 MNOK | 2,073 MNOK |
| Operating margin | 14.4% | 2.1% |
| Profit margin | 13.9% | 2.1% |
| Return on assets | 26.8% | 8.4% |
| Equity ratio | 24.6% | 34.6% |
| Debt-to-equity | 3.06 | 1.85 |
| Current ratio | 1.33 | 1.27 |
| Revenue growth | 8.7% | 6.5% |
| Revenue per employee | 11.28 MNOK | 15.47 MNOK |
The median and “ahead of” refer to large companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 63, NORGESDEKK AS does better than 81% of large companies in the same sector (362 companies) in 2025.
Score 2023–2025
- NORGESDEKK AS
- Median: large companies in the same sector
NORGESDEKK AS has a score of 63 for 2025, rank 9,449 of 38,670 in the sector.
Strongest: Profitability: percentile 94 against peers, operating margin 14.4% against a median of 2.1%. Growth: percentile 61 against peers, revenue growth 8.7% against a median of 6.5%.
Weakest: Solidity: percentile 37 against peers, equity ratio 24.6% against a median of 34.6%.
Worth a closer look
- What lies behind weak solidity, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
NORGESDEKK AS had an operating margin of 14.4% and an equity ratio of 24.6% in 2025, and ranks 9,449 of 38,670 in Handel.
From 2024 to 2025: the equity ratio fell from 32.7% to 24.6%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 186 MNOK and 1,371 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 1,371 MNOK |
| EV/EBIT | 8.0 | 1,347 MNOK |
| P/B | 1.0 | 186 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
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 4.4% 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.
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
What the score is made of
| Profitability | 94 | weight 30% |
|---|---|---|
| Solidity | 37 | weight 25% |
| Liquidity | 57 | weight 15% |
| Growth | 61 | weight 15% |
| Consistency | 50 | weight 15% |
Durability: 69 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is NORGESDEKK AS?
The operating margin was 14.4% in 2025, against a median of 2.1% among large companies in the same sector. Return on assets was 26.8%.
How solid is NORGESDEKK AS?
The equity ratio was 24.6% in 2025 (median 34.6%). Debt-to-equity was 3.06 (median 1.85).
What is the liquidity of NORGESDEKK AS like?
The current ratio was 1.33 in 2025 (median 1.27).
How does NORGESDEKK AS compare in Handel?
NORGESDEKK AS ranks 9,449 of 38,670 in Handel for 2025. Among companies of the same size (large companies) it ranks 68 of 362. Revenue changed by 8.7% from the year before.
From the Central Coordinating Register
- Org. no.
- 989176226
- Legal form
- AS
- Sector
- Handel (46.720)
- Size tier
- large
- Employees
- 113 registered 10 October 2026
- Founded
- 7 December 2005 20 years in operation
- Share capital
- 21.00 MNOK
- Business address
- Terminalveien 46, 4322 SANDNES
- Municipality
- Sandnes rank 4 of 11 in KOSTRA group 12
- 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
- Ansgar Alm Raastad
- Chair of the board
- Hans Martin Bjørge
- Board member
- Sindre Ertvaag
- Auditor
- BDO AS
- Accountant
- PROGRESSO AS
Source: Central Coordinating Register, fetched 29 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 29 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 75 | 69 | 63 | |
| Rank | 3,989 | 5,522 | 9,449 | |
| Operating margin | 13.4% | 14.3% | 14.4% | |
| Return on assets | 28.5% | 28.5% | 26.8% | |
| Equity ratio | 32.2% | 32.7% | 24.6% | |
| Current ratio | 1.73 | 1.51 | 1.33 | |
| Revenue growth | – | 6.2% | 8.7% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 1,103.7 MNOK | 1,172.3 MNOK | 1,274.8 MNOK |
| Operating profit | 147.5 MNOK | 168.1 MNOK | 183.5 MNOK |
| Profit before tax | 137.7 MNOK | 156.5 MNOK | 177.0 MNOK |
| Net profit | 106.5 MNOK | 121.1 MNOK | 137.1 MNOK |
| Financial expenses | 28.4 MNOK | 21.2 MNOK | 25.1 MNOK |
| Total assets | 583.5 MNOK | 624.3 MNOK | 754.2 MNOK |
| Current assets | 523.6 MNOK | 515.5 MNOK | 591.4 MNOK |
| Equity | 188.0 MNOK | 204.0 MNOK | 185.6 MNOK |
| Retained earnings | 167.0 MNOK | 183.0 MNOK | 164.6 MNOK |
| Total liabilities | 395.5 MNOK | 420.3 MNOK | 568.6 MNOK |
| Current liabilities | 302.4 MNOK | 341.6 MNOK | 444.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 6993384.
Further
Similar companies
- STORCASH NORGE AS index 63, rank 9,185 · compare
- NG KIWI INNLAND AS index 63, rank 9,327 · compare
- RUTEBILEIERNES STANDARDISERINGSAKSJESELSKAP index 63, rank 9,529 · compare
- NORGESGRUPPEN ØST AS index 63, rank 9,572 · compare
- VILLA SEAFOOD AS index 62, rank 9,710 · compare