50 Degrees North Nordic AS
Score · fiscal year 2025
39of 100
How to read this: the company is ahead of 29 % of companies in the Morning class Small in the same sector in 2025. What does this mean?
Rank in the Morning class Small: 398 of 559 · What are Morning company classes?
Place in the whole sector: 1,428 of 2,040 · Forretningsmessig tjenesteyting
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 83 and solidity 7 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology
Against the sector
50 Degrees North Nordic AS is 11 points below the median for companies in the Morning class Small in the same sector in 2025.
Median score 50 among 559 companies.
Against companies in the Morning class Small in the same sector in 2025: operating margin 29.7% (median 4.2%) and equity ratio 0.8% (median 20.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 39 MNOK | 21 MNOK |
| Operating margin | 29.7% | 4.2% |
| Profit margin | 5.9% | 4.1% |
| Return on assets | 19.0% | 10.5% |
| Equity ratio | 0.8% | 20.9% |
| Debt-to-equity | 117.55 | 3.00 |
| Current ratio | 0.93 | 1.18 |
| Revenue growth | −1.9% | 6.4% |
| Revenue per employee | 2.98 MNOK | 0.67 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 39, 50 Degrees North Nordic AS does better than 29% of companies in the Morning class Small in the same sector (559 companies) in 2025.
Score 2023–2025
- 50 Degrees North Nordic AS
- Median: companies in the Morning class Small in the same sector
50 Degrees North Nordic AS has a score of 39 for 2025, rank 1,428 of 2,040 in the sector.
Strongest: Profitability: percentile 83 against peers, operating margin 29.7% against a median of 4.2%.
Weakest: Solidity: percentile 7 against peers, equity ratio 0.8% against a median of 20.9%. Liquidity: percentile 23 against peers, current ratio 0.93 against a median of 1.18.
Worth a closer look
- The equity ratio is very low. Could the company absorb a bad year, and does it need more equity? Based on: equity ratio 0.8% (median 20.9%).
- Consider strengthening liquidity: current liabilities are 1.1 times current assets. Based on: current ratio 0.93 (median 1.18).
- What lies behind weak solidity, and will it last?
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
50 Degrees North Nordic AS had an operating margin of 29.7% and an equity ratio of 0.8% in 2025, and ranks 1,428 of 2,040 in Forretningsmessig tjenesteyting.
From 2024 to 2025: the operating margin rose from 6.1% to 29.7% and the equity ratio fell from 24.6% to 0.8%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 1 MNOK and 98 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 20 MNOK |
| EV/EBIT | 8.0 | 98 MNOK |
| P/B | 1.0 | 1 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 0.8% (median 20.9%).
- watch
Consider strengthening liquidity: current liabilities are 1.1 times current assets.
Based on: Current ratio 0.93 (median 1.18).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 17.2% 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.
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 −3.2%. Based on the 9 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 83 | weight 30% |
|---|---|---|
| Solidity | 7 | weight 25% |
| Liquidity | 23 | weight 15% |
| Growth | 30 | weight 15% |
| Consistency | 28 | weight 15% |
Durability: 48 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is 50 Degrees North Nordic AS?
The operating margin was 29.7% in 2025, against a median of 4.2% among companies in the Morning class Small in the same sector. Return on assets was 19.0%.
How solid is 50 Degrees North Nordic AS?
The equity ratio was 0.8% in 2025 (median 20.9%). Debt-to-equity was 117.55 (median 3.00).
What is the liquidity of 50 Degrees North Nordic AS like?
The current ratio was 0.93 in 2025 (median 1.18). Current assets did not cover current liabilities.
How does 50 Degrees North Nordic AS compare in Forretningsmessig tjenesteyting?
50 Degrees North Nordic AS ranks 1,428 of 2,040 in Forretningsmessig tjenesteyting for 2025. Among companies in the Morning class Small it is number 398 of 559. Revenue changed by −1.9% from the year before.
From the Central Coordinating Register
- Org. no.
- 914166489
- Legal form
- AS
- Sector
- Forretningsmessig tjenesteyting (79.121)
- Morning company class
- Small
- Employees
- 13 registered 10 July 2026
- Founded
- 11 June 2014 12 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Granrudvegen 14, 2636 ØYER
- Municipality
- Øyer rank 9–14 of 18 in KOSTRA group 2
- Latest accounts filed
- 2025
- Website
- www.fiftydegreesnorth.com
- LEI
- 549300776BH84CKOHQ34 renews 15 December 2026
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.
- Parent company
- Parent does not consolidate the company
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 30 October 2026. The parent is the one the company itself reported to GLEIF.
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 · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 50 | 53 | 39 | |
| Rank | 952 | 865 | 1,428 | |
| Operating margin | 0.7% | 6.1% | 29.7% | |
| Return on assets | 21.7% | 26.3% | 19.0% | |
| Equity ratio | 19.3% | 24.6% | 0.8% | |
| Current ratio | 1.22 | 1.30 | 0.93 | |
| Revenue growth | – | −75.7% | −1.9% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 162.9 MNOK | 39.5 MNOK | 38.8 MNOK |
| Operating profit | 1.1 MNOK | 2.4 MNOK | 11.5 MNOK |
| Profit before tax | 5.8 MNOK | 5.5 MNOK | 2.3 MNOK |
| Net profit | 4.4 MNOK | 3.6 MNOK | 2.0 MNOK |
| Financial expenses | 8.9 MNOK | 12.1 MNOK | 19.9 MNOK |
| Total assets | 67.7 MNOK | 66.8 MNOK | 116.8 MNOK |
| Current assets | 60.8 MNOK | 59.4 MNOK | 107.5 MNOK |
| Equity | 13.1 MNOK | 16.4 MNOK | 1.0 MNOK |
| Retained earnings | 13.0 MNOK | 16.4 MNOK | 1.0 MNOK |
| Total liabilities | 54.7 MNOK | 50.4 MNOK | 115.8 MNOK |
| Current liabilities | 49.9 MNOK | 45.8 MNOK | 115.4 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 7009648.
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