Cinenord AS
Forced dissolution registered 18 April 2026 in the Central Coordinating Register. Bankruptcies
Accounts for 2025 are missing. The deadline was 31 July 2026. The Brønnøysund Register Centre does not publish when accounts arrived, only the latest year filed.
Score · fiscal year 2024
Not enough data: Bankrupt or being wound up
Based on the annual accounts for 2024
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 23 MNOK | 22 MNOK |
| Operating margin | 76.2% | 3.3% |
| Profit margin | 76.0% | 3.3% |
| Return on assets | 107.6% | 7.2% |
| Equity ratio | 1.8% | 32.4% |
| Debt-to-equity | 54.92 | 1.82 |
| Current ratio | 1.02 | 1.30 |
| Revenue growth | 82.0% | 9.6% |
The median and “ahead of” refer to companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
Score over time
Score over time needs at least two fiscal years with a score. It will appear when next year's figures are fetched or history is imported.
What the numbers say
Cinenord AS had an equity ratio of 1.8% in 2024. The company is not ranked: bankrupt or being wound up.
From 2023 to 2024: the operating margin rose from 11.1% to 76.2% and the equity ratio rose from −73.8% to 1.8%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 0 MNOK and 173 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 173 MNOK |
| EV/EBIT | 8.0 | 138 MNOK |
| P/B | 1.0 | 0 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
- watch
The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?
Based on: Equity ratio 1.8% (median 32.4%).
- watch
Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?
Based on: Revenue growth 82.0% (median 9.6%); Current ratio 1.02 (median 1.30).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.6% of the debt in 2024. The policy rate averaged 4.50 % 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.
Scenario analysis: the sector's weakest year
We have no accounts for 2026, the sector's weakest year, for this company.
The sector's weakest year was 2026, with a median operating margin of 4.0%. Based on the 8 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
Questions and answers
How profitable is Cinenord AS?
The operating margin was 76.2% in 2024, against a median of 3.3% among companies in the same sector. Return on assets was 107.6%.
How solid is Cinenord AS?
The equity ratio was 1.8% in 2024 (median 32.4%). Debt-to-equity was 54.92 (median 1.82).
What is the liquidity of Cinenord AS like?
The current ratio was 1.02 in 2024 (median 1.30).
From the Central Coordinating Register
- Org. no.
- 825347992
- Legal form
- AS
- Sector
- Informasjon og kommunikasjon (59.110)
- Morning company class
- Small
- Employees
- 0–4 (not registered)
- Founded
- 3 July 2020 6 years in operation
- Share capital
- 0.22 MNOK
- Business address
- Akersbakken 33, 0172 OSLO
- Municipality
- Oslo rank 63–220 of 357 in Norway
- Latest accounts filed
- 2024
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
Loading roles …
Source: Central Coordinating Register, fetched 1 November 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 30 October 2026.
Year by year · 2022–2024
| Key figure | 2022 | 2023 | 2024 | Trend |
|---|---|---|---|---|
| Index | – | – | – | |
| Rank | – | – | – | |
| Operating margin | −9.8% | 11.1% | 76.2% | |
| Return on assets | −15.3% | 6.3% | 107.6% | |
| Equity ratio | −57.8% | −73.8% | 1.8% | |
| Current ratio | 1.08 | 1.13 | 1.02 | |
| Revenue growth | – | −71.6% | 82.0% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2022 | 2023 | 2024 |
|---|---|---|---|
| Operating revenue | 43.9 MNOK | 12.5 MNOK | 22.7 MNOK |
| Operating profit | −4.3 MNOK | 1.4 MNOK | 17.3 MNOK |
| Profit before tax | −5.6 MNOK | −0.8 MNOK | 17.3 MNOK |
| Net profit | −5.6 MNOK | −0.8 MNOK | 17.3 MNOK |
| Financial expenses | 1.3 MNOK | 2.2 MNOK | 0.1 MNOK |
| Total assets | 28.0 MNOK | 23.0 MNOK | 16.1 MNOK |
| Current assets | 27.5 MNOK | 22.6 MNOK | 16.1 MNOK |
| Equity | −16.2 MNOK | −17.0 MNOK | 0.3 MNOK |
| Retained earnings | −18.4 MNOK | −19.2 MNOK | −1.9 MNOK |
| Total liabilities | 44.2 MNOK | 40.0 MNOK | 15.8 MNOK |
| Current liabilities | 25.4 MNOK | 20.0 MNOK | 15.8 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 6124289.