NYGAARD BAD AS

Org. no. 997951883 · Karmøy · Founded 2012 · 9 employees

Score · fiscal year 2025

83of 100

How to read this: the company is ahead of 98 % of companies in the Morning class Small in the same sector in 2025. What does this mean?

Rank in the Morning class Small: 115 of 7,421 · What are Morning company classes?
Place in the whole sector: 430 of 23,059 · Handel

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 98 and solidity 81 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology

Against the sector

NYGAARD BAD AS is 32 points above the median for companies in the Morning class Small in the same sector in 2025.

Median score 51 among 7,421 companies.

Against companies in the Morning class Small in the same sector in 2025: operating margin 24.9% (median 3.4%) and equity ratio 65.3% (median 36.3%).

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 revenue45 MNOK20 MNOK
Operating margin 24.9% 3.4% 97 %
Profit margin 24.9% 3.0% shown, not part of the index
Return on assets 56.8% 10.0% 98 %
Equity ratio 65.3% 36.3% 82 %
Debt-to-equity 0.53 1.52 80 %
Current ratio 2.80 1.73 76 %
Revenue growth 31.5% 5.7% 86 %
Revenue per employee5.01 MNOK2.08 MNOK

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

With an index of 83, NYGAARD BAD AS does better than 98% of companies in the Morning class Small in the same sector (7,421 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • NYGAARD BAD AS
  • Median: companies in the Morning class Small in the same sector
Summary analysis

NYGAARD BAD AS has a score of 83 for 2025, rank 430 of 23,059 in the sector.

Strongest: Profitability: percentile 98 against peers, operating margin 24.9% against a median of 3.4%. Growth: percentile 86 against peers, revenue growth 31.5% against a median of 5.7%.

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

NYGAARD BAD AS had an operating margin of 24.9% and an equity ratio of 65.3% in 2025, and ranks 430 of 23,059 in Handel.

From 2024 to 2025: the equity ratio rose from 28.8% to 65.3% and the operating margin rose from 15.7% to 24.9%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 13 MNOK and 100 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 8.7 MNOK 10.0 87 MNOK
EV/EBIT Operating profit: 11.2 MNOK
minus net debt −10.2 MNOK
8.0 100 MNOK
P/B Equity: 12.9 MNOK 1.0 13 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 24.9% (median 3.4%); Equity ratio 65.3% (median 36.3%); Current ratio 2.80 (median 1.73).

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

Financial costs were 0.3% 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

Profitability98 weight 30%
Solidity81 weight 25%
Liquidity76 weight 15%
Growth86 weight 15%
Consistency61 weight 15%

Durability: 77 (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 NYGAARD BAD AS?

The operating margin was 24.9% in 2025, against a median of 3.4% among companies in the Morning class Small in the same sector. Return on assets was 56.8%.

How solid is NYGAARD BAD AS?

The equity ratio was 65.3% in 2025 (median 36.3%). Debt-to-equity was 0.53 (median 1.52).

What is the liquidity of NYGAARD BAD AS like?

The current ratio was 2.80 in 2025 (median 1.73).

How does NYGAARD BAD AS compare in Handel?

NYGAARD BAD AS ranks 430 of 23,059 in Handel for 2025. Among companies in the Morning class Small it is number 115 of 7,421. Revenue changed by 31.5% from the year before.

From the Central Coordinating Register

Org. no.
997951883
Legal form
AS
Sector
Handel (47.520)
Morning company class
Small
Employees
9 registered 10 April 2026
Founded
26 January 2012 14 years in operation
Share capital
0.03 MNOK
Business address
Vahaugvegen 18, 5542 KARMSUND (KARMØY)
Municipality
Karmøy rank 2–7 of 13 in KOSTRA group 10
Latest accounts filed
2025
Website
www.nygaardbad.no

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
Trond Erik Nygaard
Chair of the board
Trond Erik Nygaard
Deputy member
Erik Børge Nygaard
Auditor
MARION DEGERSTRØM
Accountant
HAUGALAND REGNSKAP 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.

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Figures last fetched 29 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index856283
Rank1,0546,335430
Operating margin19.8%15.7%24.9%
Return on assets54.3%37.3%56.8%
Equity ratio61.4%28.8%65.3%
Current ratio2.511.332.80
Revenue growth–27.5%31.5%

Accounts

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

Key figure202320242025
Operating revenue26.9 MNOK34.3 MNOK45.1 MNOK
Operating profit5.3 MNOK5.4 MNOK11.2 MNOK
Profit before tax5.3 MNOK5.4 MNOK11.2 MNOK
Net profit4.1 MNOK4.2 MNOK8.7 MNOK
Financial expenses0.0 MNOK0.1 MNOK0.0 MNOK
Total assets9.8 MNOK14.5 MNOK19.8 MNOK
Current assets8.4 MNOK13.3 MNOK18.1 MNOK
Equity6.0 MNOK4.2 MNOK12.9 MNOK
Retained earnings6.0 MNOK4.2 MNOK12.9 MNOK
Total liabilities3.8 MNOK10.3 MNOK6.9 MNOK
Current liabilities3.4 MNOK10.0 MNOK6.5 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 6922078.