NORWEGIAN GREEN AS
Score · fiscal year 2025
85of 100
How to read this: the company is ahead of 99 % of small companies in the same sector in 2025. What does this mean?
Rank: 583 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 98 and solidity 79 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
NORWEGIAN GREEN AS is 35 points above the median for small companies in the same sector in 2025.
Median score 50 among 36,111 companies.
Against small companies in the same sector in 2025: operating margin 79.1% (median 2.5%) and equity ratio 80.9% (median 38.3%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 19 MNOK | 3 MNOK |
| Operating margin | 79.1% | 2.5% |
| Profit margin | 79.0% | 2.2% |
| Return on assets | 74.1% | 4.0% |
| Equity ratio | 80.9% | 38.3% |
| Debt-to-equity | 0.24 | 0.99 |
| Current ratio | 5.23 | 1.70 |
| Revenue growth | 267.9% | 3.5% |
| Revenue per employee | 3.72 MNOK | 1.62 MNOK |
The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 85, NORWEGIAN GREEN AS does better than 99% of small companies in the same sector (36,580 companies) in 2025.
Score 2023–2025
- NORWEGIAN GREEN AS
- Median: small companies in the same sector
NORWEGIAN GREEN AS has a score of 85 for 2025, rank 583 of 38,671 in the sector.
Strongest: Profitability: percentile 98 against peers, operating margin 79.1% against a median of 2.5%. Growth: percentile 96 against peers, revenue growth 267.9% against a median of 3.5%.
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
NORWEGIAN GREEN AS had an operating margin of 79.1% and an equity ratio of 80.9% in 2025, and ranks 583 of 38,671 in Handel.
From 2024 to 2025: revenue grew by 268% and the operating margin rose from 69.7% to 79.1%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 16 MNOK and 128 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 115 MNOK |
| EV/EBIT | 8.0 | 128 MNOK |
| P/B | 1.0 | 16 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
- positive
Upper quartile on profitability, solidity and liquidity. What sets this company apart from the rest of the sector?
Based on: Operating margin 79.1% (median 2.5%); Equity ratio 80.9% (median 38.3%); Current ratio 5.23 (median 1.70).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 5.3% 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.
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 | 98 | weight 30% |
|---|---|---|
| Solidity | 79 | weight 25% |
| Liquidity | 82 | weight 15% |
| Growth | 96 | weight 15% |
| Consistency | 58 | weight 15% |
Durability: 87 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is NORWEGIAN GREEN AS?
The operating margin was 79.1% in 2025, against a median of 2.5% among small companies in the same sector. Return on assets was 74.1%.
How solid is NORWEGIAN GREEN AS?
The equity ratio was 80.9% in 2025 (median 38.3%). Debt-to-equity was 0.24 (median 0.99).
What is the liquidity of NORWEGIAN GREEN AS like?
The current ratio was 5.23 in 2025 (median 1.70).
How does NORWEGIAN GREEN AS compare in Handel?
NORWEGIAN GREEN AS ranks 583 of 38,671 in Handel for 2025. Among companies of the same size (small companies) it ranks 544 of 36,580. Revenue changed by 267.9% from the year before.
From the Central Coordinating Register
- Org. no.
- 912621049
- Legal form
- AS
- Sector
- Handel (46.380)
- Size tier
- small
- Employees
- 5 registered 10 January 2026
- Founded
- 19 September 2013 13 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Bergittavegen 8, 7021 TRONDHEIM
- Municipality
- Trondheim rank 3–7 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
- Xing Xu
- Chair of the board
- Jonas Staven Mittet
- Board member
- Xing Xu
- Auditor
- BDO AS
- Accountant
- MILI ØKONOMI 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 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 88 | 87 | 85 | |
| Rank | 618 | 396 | 583 | |
| Operating margin | 40.1% | 69.7% | 79.1% | |
| Return on assets | 36.4% | 61.2% | 74.1% | |
| Equity ratio | 83.5% | 83.1% | 80.9% | |
| Current ratio | 6.06 | 5.92 | 5.23 | |
| Revenue growth | – | 125.8% | 267.9% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 2.2 MNOK | 5.1 MNOK | 18.6 MNOK |
| Operating profit | 0.9 MNOK | 3.5 MNOK | 14.7 MNOK |
| Profit before tax | 0.9 MNOK | 3.5 MNOK | 14.7 MNOK |
| Net profit | 0.7 MNOK | 2.7 MNOK | 11.5 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.2 MNOK |
| Total assets | 2.5 MNOK | 5.8 MNOK | 20.1 MNOK |
| Current assets | 2.5 MNOK | 5.8 MNOK | 20.1 MNOK |
| Equity | 2.1 MNOK | 4.8 MNOK | 16.3 MNOK |
| Retained earnings | 2.0 MNOK | 4.8 MNOK | 16.2 MNOK |
| Total liabilities | 0.4 MNOK | 1.0 MNOK | 3.8 MNOK |
| Current liabilities | 0.4 MNOK | 1.0 MNOK | 3.8 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7096215.
Further
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