North Star Fireworks AS

Org. no. 915553621 · Sør-Odal · Founded 2015

Score · fiscal year 2024

48of 100

How to read this: the company is ahead of 48 % of companies in the Morning class Micro in the same sector in 2024. What does this mean?

Rank in the Morning class Micro: 547 of 1,061 · What are Morning company classes?
Place in the whole sector: 1,140 of 2,171 · Forretningsmessig tjenesteyting

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 76 and solidity 14 out of 100 among companies in the Morning class Micro in the same sector in 2024. Methodology

Against the sector

North Star Fireworks AS is 1 points below the median for companies in the Morning class Micro in the same sector in 2024.

Median score 49 among 1,059 companies.

Against companies in the Morning class Micro in the same sector in 2024: operating margin 14.1% (median 3.7%) and equity ratio 2.8% (median 29.9%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 31 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue3 MNOK3 MNOK
Operating margin 14.1% 3.7% 75 %
Profit margin 13.4% 2.9% shown, not part of the index
Return on assets 24.3% 7.9% 77 %
Equity ratio 2.8% 29.9% 24 %
Debt-to-equity 34.86 1.50 5 %
Current ratio 1.69 1.29 65 %
Revenue growth −0.7% 7.8% 37 %

The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 48, North Star Fireworks AS does better than 48% of companies in the Morning class Micro in the same sector (1,061 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • North Star Fireworks AS
  • Median: companies in the Morning class Micro in the same sector
Analysis · 2024

What the numbers say

North Star Fireworks AS had an operating margin of 14.1% and an equity ratio of 2.8% in 2024, and ranks 1,140 of 2,171 in Forretningsmessig tjenesteyting.

From 2023 to 2024: the operating margin rose from −21.1% to 14.1% and went from a loss to a profit before tax.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 0 MNOK and 4 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.4 MNOK 10.0 4 MNOK
EV/EBIT Operating profit: 0.4 MNOK
minus net debt 0.7 MNOK
8.0 3 MNOK
P/B Equity: 0.1 MNOK 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

Indications · 2024

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 2.8% (median 29.9%).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 1.6% 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.

Stress test · 2026

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

Components · 2024

What the score is made of

Profitability76 weight 30%
Solidity14 weight 25%
Liquidity65 weight 15%
Growth37 weight 15%
Consistency46 weight 15%

Durability: 29 (average over 2 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2024

Questions and answers

How profitable is North Star Fireworks AS?

The operating margin was 14.1% in 2024, against a median of 3.7% among companies in the Morning class Micro in the same sector. Return on assets was 24.3%.

How solid is North Star Fireworks AS?

The equity ratio was 2.8% in 2024 (median 29.9%). Debt-to-equity was 34.86 (median 1.50).

What is the liquidity of North Star Fireworks AS like?

The current ratio was 1.69 in 2024 (median 1.29).

How does North Star Fireworks AS compare in Forretningsmessig tjenesteyting?

North Star Fireworks AS ranks 1,140 of 2,171 in Forretningsmessig tjenesteyting for 2024. Among companies in the Morning class Micro it is number 547 of 1,061. Revenue changed by −0.7% from the year before.

From the Central Coordinating Register

Org. no.
915553621
Legal form
AS
Sector
Forretningsmessig tjenesteyting (79.121)
Morning company class
Micro
Employees
0–4 (not registered)
Founded
29 May 2015 11 years in operation
Share capital
0.07 MNOK
Business address
Sætervegen 129, 2114 DISENÅ (SØR-ODAL)
Municipality
Sør-Odal rank 20–30 of 40 in KOSTRA group 1
Audit
Audit opted out from 18 June 2015
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

Loading roles …

Source: Central Coordinating Register, fetched 2 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.

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Figures last fetched 31 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index94836
Rank1,9931,1401,618
Operating margin−21.1%14.1%2.7%
Return on assets−31.0%24.3%3.5%
Equity ratio−17.7%2.8%4.4%
Current ratio0.791.691.77
Revenue growth–−0.7%−7.1%

Accounts

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

Key figure202320242025
Operating revenue3.1 MNOK3.1 MNOK2.8 MNOK
Operating profit−0.6 MNOK0.4 MNOK0.1 MNOK
Profit before tax−0.7 MNOK0.4 MNOK0.1 MNOK
Net profit−0.7 MNOK0.4 MNOK0.1 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets2.0 MNOK1.8 MNOK2.3 MNOK
Current assets1.9 MNOK1.7 MNOK2.1 MNOK
Equity−0.4 MNOK0.1 MNOK0.1 MNOK
Retained earnings−0.8 MNOK−0.5 MNOK−0.4 MNOK
Total liabilities2.4 MNOK1.7 MNOK2.2 MNOK
Current liabilities2.4 MNOK1.0 MNOK1.2 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 31 October 2026, accounts id 6226629.