VARNAVEIEN TEKSTIL AS

Org. no. 891081642 · MOSS · Founded 2007

Score · fiscal year 2023

75of 100

How to read this: the company is ahead of 88 % of small companies in the same sector in 2023. What does this mean?

Rank: 4,046 of 34,740 · Handel

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 85 and solidity 64 out of 100 among small companies in the same sector in 2023. Methodology

Against the sector

VARNAVEIEN TEKSTIL AS is 25 points above the median for small companies in the same sector in 2023.

Median score 50 among 32,562 companies.

Against small companies in the same sector in 2023: operating margin 13.3% (median 2.5%) and equity ratio 61.4% (median 39.1%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue10 MNOK4 MNOK
Operating margin 13.3% 2.5% 82 %
Profit margin 13.6% 2.2% shown, not part of the index
Return on assets 30.0% 4.0% 88 %
Equity ratio 61.4% 39.1% 68 %
Debt-to-equity 0.63 1.00 61 %
Current ratio 2.59 1.70 67 %
Revenue growth – 0.0% not compared

The median and “ahead of” refer to small companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 75, VARNAVEIEN TEKSTIL AS does better than 88% of small companies in the same sector (32,646 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • VARNAVEIEN TEKSTIL AS
  • Median: small companies in the same sector
Analysis · 2023

What the numbers say

VARNAVEIEN TEKSTIL AS had an operating margin of 13.3% and an equity ratio of 61.4% in 2023, and ranks 4,046 of 34,740 in Handel.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 3 MNOK and 14 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 1.1 MNOK 10.0 11 MNOK
EV/EBIT Operating profit: 1.4 MNOK
minus net debt −3.2 MNOK
8.0 14 MNOK
P/B Equity: 2.9 MNOK 1.0 3 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 · 2023

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 0.3% of the debt in 2023. The policy rate averaged 3.54 % 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.

Stress test · 2017

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

Components · 2023

What the score is made of

Profitability85 weight 30%
Solidity64 weight 25%
Liquidity67 weight 15%
Growth– no data, left out
Consistency80 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2023

Questions and answers

How profitable is VARNAVEIEN TEKSTIL AS?

The operating margin was 13.3% in 2023, against a median of 2.5% among small companies in the same sector. Return on assets was 30.0%.

How solid is VARNAVEIEN TEKSTIL AS?

The equity ratio was 61.4% in 2023 (median 39.1%). Debt-to-equity was 0.63 (median 1.00).

What is the liquidity of VARNAVEIEN TEKSTIL AS like?

The current ratio was 2.59 in 2023 (median 1.70).

How does VARNAVEIEN TEKSTIL AS compare in Handel?

VARNAVEIEN TEKSTIL AS ranks 4,046 of 34,740 in Handel for 2023. Among companies of the same size (small companies) it ranks 3,768 of 32,646.

From the Central Coordinating Register

Org. no.
891081642
Legal form
AS
Sector
Handel (47.710)
Size tier
small
Employees
0–4 (not registered)
Founded
23 January 2007 19 years in operation
Share capital
0.10 MNOK
Business address
Carlbergveien 2, 1526 MOSS
Municipality
Moss rank 4–9 of 10 in KOSTRA group 11
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
Andrè Forsethlund Andersen
Chair of the board
Andrè Forsethlund Andersen
Deputy member
Lene Biancha Ågesen
Auditor
DELOITTE AS
Accountant
MEMOACCOUNTING 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.

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index756057
Rank4,04611,02413,573
Operating margin13.3%8.1%2.2%
Return on assets30.0%16.8%5.8%
Equity ratio61.4%54.3%66.9%
Current ratio2.592.193.02
Revenue growth–−4.9%−9.9%

Accounts

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

Key figure202320242025
Operating revenue10.3 MNOK9.8 MNOK8.8 MNOK
Operating profit1.4 MNOK0.8 MNOK0.2 MNOK
Profit before tax1.4 MNOK0.9 MNOK0.3 MNOK
Net profit1.1 MNOK0.7 MNOK0.2 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets4.7 MNOK5.1 MNOK4.5 MNOK
Current assets4.7 MNOK5.1 MNOK4.5 MNOK
Equity2.9 MNOK2.8 MNOK3.0 MNOK
Retained earnings2.7 MNOK2.6 MNOK2.8 MNOK
Total liabilities1.8 MNOK2.3 MNOK1.5 MNOK
Current liabilities1.8 MNOK2.3 MNOK1.5 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5166843.

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