ND HOLDCO AS
Score · fiscal year 2025
84of 100
How to read this: the company is ahead of 98 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 628 of 38,671 · Handel
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 84 and solidity 93 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
ND HOLDCO AS is 35 points above the median for medium-sized companies in the same sector in 2025.
Median score 49 among 2,198 companies.
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 0 MNOK | 173 MNOK |
| Operating margin | – | 3.2% |
| Profit margin | – | 3.2% |
| Return on assets | 25.4% | 11.6% |
| Equity ratio | 83.5% | 32.6% |
| Debt-to-equity | 0.20 | 2.03 |
| Current ratio | 89.22 | 1.38 |
| Revenue growth | – | 6.8% |
The median and “ahead of” refer to medium-sized companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 84, ND HOLDCO AS does better than 98% of medium-sized companies in the same sector (2,203 companies) in 2025.
Score 2023–2025
- ND HOLDCO AS
- Median: medium-sized companies in the same sector
ND HOLDCO AS has a score of 84 for 2025, rank 628 of 38,671 in the sector.
Strongest: Liquidity: percentile 99 against peers, current ratio 89.22 against a median of 1.38. Solidity: percentile 93 against peers, equity ratio 83.5% against a median of 32.6%.
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
What the numbers say
ND HOLDCO AS had an operating margin of – and an equity ratio of 83.5% in 2025, and ranks 628 of 38,671 in Handel.
No large changes in the key figures from 2024 to 2025.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 518 MNOK and 1,503 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 1,503 MNOK |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 518 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 7.0% 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
- watch No revenue but large assets
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 | 84 | weight 30% |
|---|---|---|
| Solidity | 93 | weight 25% |
| Liquidity | 99 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 56 | weight 15% |
Durability: 78 (average over 3 years)
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is ND HOLDCO AS?
The operating margin was – in 2025, against a median of 3.2% among medium-sized companies in the same sector. Return on assets was 25.4%.
How solid is ND HOLDCO AS?
The equity ratio was 83.5% in 2025 (median 32.6%). Debt-to-equity was 0.20 (median 2.03).
What is the liquidity of ND HOLDCO AS like?
The current ratio was 89.22 in 2025 (median 1.38).
How does ND HOLDCO AS compare in Handel?
ND HOLDCO AS ranks 628 of 38,671 in Handel for 2025. Among companies of the same size (medium-sized companies) it ranks 36 of 2,203.
Group accounts · 2025
63 of 100
Rank 234 of 975 groups with group accounts. Groups are ranked only against each other, not against single companies.
| Key figure | The group | The company alone (2025) |
|---|---|---|
| Operating margin | 9.0% | – |
| Return on assets | 13.5% | 25.4% |
| Equity ratio | 34.7% | 83.5% |
| Current ratio | 1.48 | 89.22 |
| Revenue growth | 24.6% | – |
Group index in earlier years: 2023: 67 (265 of 1176), 2024: 64 (234 of 994).
Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.
Source: Brønnøysund Register Centre, group accounts 2025 (open data, NLOD 2.0).
Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 822308112
- Legal form
- AS · part of a group
- Sector
- Handel (46.720)
- Size tier
- medium
- Employees
- 0–4 (not registered)
- Founded
- 18 February 2019 7 years in operation
- Share capital
- 10.00 MNOK
- Business address
- Terminalveien 46, 4322 SANDNES
- Municipality
- Sandnes rank 3 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 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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 72 | 78 | 84 | |
| Rank | 5,232 | 1,916 | 628 | |
| Operating margin | – | – | – | |
| Return on assets | 11.2% | 17.1% | 25.4% | |
| Equity ratio | 89.3% | 83.7% | 83.5% | |
| Current ratio | – | 64.94 | 89.22 | |
| Revenue growth | – | – | – |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | – | – | 0.0 MNOK |
| Operating profit | −0.6 MNOK | −0.4 MNOK | −0.4 MNOK |
| Profit before tax | 60.2 MNOK | 100.4 MNOK | 150.3 MNOK |
| Net profit | 60.2 MNOK | 100.4 MNOK | 150.3 MNOK |
| Financial expenses | 4.9 MNOK | 5.6 MNOK | 7.2 MNOK |
| Total assets | 578.9 MNOK | 618.1 MNOK | 620.0 MNOK |
| Current assets | 5.6 MNOK | 6.0 MNOK | 7.8 MNOK |
| Equity | 516.9 MNOK | 517.3 MNOK | 517.6 MNOK |
| Retained earnings | 257.5 MNOK | 257.9 MNOK | 258.1 MNOK |
| Total liabilities | 62.0 MNOK | 100.8 MNOK | 102.4 MNOK |
| Current liabilities | – | 0.1 MNOK | 0.1 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6952142.
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