PHILIPS NORGE AS

Org. no. 915213952 · OSLO · Founded 1923 · 40 employees

Score · fiscal year 2023

67of 100

How to read this: the company is ahead of 77 % of medium-sized companies in the same sector in 2023. What does this mean?

Rank: 7,508 of 34,740 · Handel

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 41 and solidity 87 out of 100 among medium-sized companies in the same sector in 2023. Methodology

Against the sector

PHILIPS NORGE AS is 18 points above the median for medium-sized companies in the same sector in 2023.

Median score 49 among 1,875 companies.

Against medium-sized companies in the same sector in 2023: operating margin 3.2% (median 3.2%) and equity ratio 69.5% (median 32.2%).

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 revenue200 MNOK177 MNOK
Operating margin 3.2% 3.2% 50 %
Profit margin 3.7% 3.1% shown, not part of the index
Return on assets 6.8% 11.4% 32 %
Equity ratio 69.5% 32.2% 87 %
Debt-to-equity 0.44 2.06 87 %
Current ratio 2.93 1.39 88 %
Revenue growth – 4.2% not compared
Revenue per employee4.99 MNOK6.27 MNOK

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

With an index of 67, PHILIPS NORGE AS does better than 77% of medium-sized companies in the same sector (1,875 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • PHILIPS NORGE AS
  • Median: medium-sized companies in the same sector
Analysis · 2023

What the numbers say

PHILIPS NORGE AS had an operating margin of 3.2% and an equity ratio of 69.5% in 2023, and ranks 7,508 of 34,740 in Handel.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 53 MNOK and 76 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 5.3 MNOK 10.0 53 MNOK
EV/EBIT Operating profit: 6.4 MNOK
minus net debt −2.1 MNOK
8.0 54 MNOK
P/B Equity: 76.0 MNOK 1.0 76 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.

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

Profitability41 weight 30%
Solidity87 weight 25%
Liquidity88 weight 15%
Growth– no data, left out
Consistency65 weight 15%

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

2023

Questions and answers

How profitable is PHILIPS NORGE AS?

The operating margin was 3.2% in 2023, against a median of 3.2% among medium-sized companies in the same sector. Return on assets was 6.8%.

How solid is PHILIPS NORGE AS?

The equity ratio was 69.5% in 2023 (median 32.2%). Debt-to-equity was 0.44 (median 2.06).

What is the liquidity of PHILIPS NORGE AS like?

The current ratio was 2.93 in 2023 (median 1.39).

How does PHILIPS NORGE AS compare in Handel?

PHILIPS NORGE AS ranks 7,508 of 34,740 in Handel for 2023. Among companies of the same size (medium-sized companies) it ranks 424 of 1,875.

Public contracts

Contracts awarded since 2024
9
Total awarded value since 2024
value not stated
9 contracts without a stated value are not in the total.
DateBuyerNotice ValueCPV
9 April 2025 Sykehusbygg HF K9150 Angio/intervensjon *KUNNGJØRING KONTRAKTSTILDELING* value not stated 33110000
27 February 2025 SYKEHUSINNKJØP HF Kontraktstildeling: CT til Akershus universitetssykehus HF value not stated 33110000
20 January 2025 SYKEHUSINNKJØP HF Kontraktstildeling - Angiografilaboratorium til Universitetssykehuset Nord-Norge HF value not stated 33110000
10 December 2024 SYKEHUSINNKJØP HF PCI lab til Sørlandet Sykehus HF, Arendal value not stated 33110000
25 November 2024 SYKEHUSINNKJØP HF CT til Sykehuset Østfold HF, Moss value not stated 33110000
14 October 2024 SYKEHUSINNKJØP HF Ultralydapparater til Helse Bergen 2024 - Kontraktsinngåelse med Philips Norge AS value not stated 33110000
10 October 2024 SYKEHUSINNKJØP HF Ultralydapparater til Radiologisk avdeling ved Haugesund sjukehus value not stated 33110000
6 June 2024 SYKEHUSINNKJØP HF CT til Radiologisk avdeling ved Helse Bergen HF - Kontraktinngåelse med Philips Norge AS value not stated 33110000
17 January 2024 SYKEHUSINNKJØP HF Angiolab til Akershus universitetssykehus HF value not stated 33110000
27 June 2023 Sykehuset Innlandet HF Røntgen- og gjennomlysningsutstyr til Sykehuset Innlandet HF value not stated 33000000

Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.

Source: Doffin (DFØ), fetched 27 October 2026. Winners are matched on organisation number.

Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0

From the Central Coordinating Register

Org. no.
915213952
Legal form
AS
Sector
Handel (46.460)
Size tier
medium
Employees
40 registered 10 October 2026
Founded
8 January 1923 103 years in operation
Share capital
25.00 MNOK
Business address
Innspurten 15, 0663 OSLO
Municipality
Oslo rank 106–282 of 357 in Norway
Latest accounts filed
2025
Website
www.philips.no

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
Lise Riisnæs Ludvigsen
Chair of the board
Dennis Spritzell
Board member
Anne Kulstad-Sund
Board member
Lise Riisnæs Ludvigsen
Board member
Linda Elisabeth Ciarlo
Board member
Thomas Berge Hestetun
Deputy member
Terje Sigvald Sætre
Auditor
PRICEWATERHOUSECOOPERS AS
Accountant
KPMG ACCOUNTING 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.

Report an issue

Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index676466
Rank7,5088,2007,057
Operating margin3.2%2.0%3.2%
Return on assets6.8%5.6%7.8%
Equity ratio69.5%66.9%58.9%
Current ratio2.932.832.31
Revenue growth–23.9%37.7%

Accounts

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

Key figure202320242025
Operating revenue199.7 MNOK247.4 MNOK340.8 MNOK
Operating profit6.4 MNOK5.0 MNOK10.8 MNOK
Profit before tax7.3 MNOK6.8 MNOK11.9 MNOK
Net profit5.3 MNOK5.1 MNOK9.1 MNOK
Financial expenses0.1 MNOK0.0 MNOK0.0 MNOK
Total assets109.2 MNOK121.2 MNOK153.3 MNOK
Current assets97.4 MNOK113.6 MNOK145.6 MNOK
Equity76.0 MNOK81.1 MNOK90.3 MNOK
Retained earnings33.9 MNOK39.0 MNOK48.2 MNOK
Total liabilities33.3 MNOK40.1 MNOK63.0 MNOK
Current liabilities33.3 MNOK40.1 MNOK63.0 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5184573.