1423 NORGE AS
Score · fiscal year 2024
38of 100
How to read this: the company is ahead of 29 % of small companies in the same sector in 2024. What does this mean?
Rank: 26,644 of 37,180 · Handel
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 44 and solidity 0 out of 100 among small companies in the same sector in 2024. Methodology
Against the sector
1423 NORGE AS is 12 points below the median for small companies in the same sector in 2024.
Median score 50 among 34,777 companies.
Against small companies in the same sector in 2024: operating margin 1.3% (median 2.2%) and equity ratio −21.8% (median 38.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 1 MNOK | 4 MNOK |
| Operating margin | 1.3% | 2.2% |
| Profit margin | −1.7% | 2.0% |
| Return on assets | 1.0% | 3.7% |
| Equity ratio | −21.8% | 38.4% |
| Debt-to-equity | – | 0.97 |
| Current ratio | 0.82 | 1.68 |
| Revenue growth | 1,958.5% | 2.2% |
The median and “ahead of” refer to small companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 38, 1423 NORGE AS does better than 29% of small companies in the same sector (34,894 companies) in 2024.
Score 2023–2025
- 1423 NORGE AS
- Median: small companies in the same sector
What the numbers say
1423 NORGE AS had an operating margin of 1.3% and an equity ratio of −21.8% in 2024, and ranks 26,644 of 37,180 in Handel.
From 2023 to 2024: revenue grew by 1,958% and the operating margin rose from −275.2% to 1.3%.
This text is generated automatically from the 2024 accounts.
Three simple methods
One method gives a figure: 0 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | 0 MNOK |
| P/B | 1.0 | not meaningful |
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
- critical
Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?
Based on: Equity ratio −21.8% (median 38.4%).
- watch
Consider strengthening liquidity: current liabilities are 1.2 times current assets.
Based on: Current ratio 0.82 (median 1.68).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −1.7% (median 2.0%).
- watch
Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?
Based on: Revenue growth 1,958.5% (median 2.2%); Current ratio 0.82 (median 1.68).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 1.9% 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.
Data quality
- critical Negative equity
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 | 44 | weight 30% |
|---|---|---|
| Solidity | 0 | weight 25% |
| Liquidity | 19 | weight 15% |
| Growth | 99 | weight 15% |
| Consistency | 45 | weight 15% |
Durability: 21 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is 1423 NORGE AS?
The operating margin was 1.3% in 2024, against a median of 2.2% among small companies in the same sector. Return on assets was 1.0%. The company made a loss before tax.
How solid is 1423 NORGE AS?
The equity ratio was −21.8% in 2024 (median 38.4%). Equity is negative, so liabilities exceed assets.
What is the liquidity of 1423 NORGE AS like?
The current ratio was 0.82 in 2024 (median 1.68). Current assets did not cover current liabilities.
How does 1423 NORGE AS compare in Handel?
1423 NORGE AS ranks 26,644 of 37,180 in Handel for 2024. Among companies of the same size (small companies) it ranks 24,832 of 34,894. Revenue changed by 1,958.5% from the year before.
From the Central Coordinating Register
- Org. no.
- 928285251
- Legal form
- AS
- Sector
- Handel (46.340)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 1 September 2021 5 years in operation
- Share capital
- 0.03 MNOK
- Business address
- c/o Scanvat, Johannes Bruns gate 13A, 0452 OSLO
- Municipality
- Oslo rank 106–282 of 357 in Norway
- Audit
- Audit opted out from 17 January 2022
- Latest accounts filed
- 2025
- Website
- www.1423.dk
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
- Thomas Vogensen
- Chair of the board
- Thomas Vogensen
- Board member
- Parminder Singh Bhatia
- Board member
- Joshua Manjeet David Singh
- Accountant
- SCANVAT
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.
Figures last fetched 27 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 5 | 38 | 38 | |
| Rank | 33,776 | 26,644 | 27,692 | |
| Operating margin | −275.2% | 1.3% | 2.4% | |
| Return on assets | −66.0% | 1.0% | 10.4% | |
| Equity ratio | −131.5% | −21.8% | −55.4% | |
| Current ratio | 0.43 | 0.82 | 0.64 | |
| Revenue growth | – | 1,958.5% | 75.0% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.0 MNOK | 0.9 MNOK | 1.6 MNOK |
| Operating profit | −0.1 MNOK | 0.0 MNOK | 0.0 MNOK |
| Profit before tax | −0.1 MNOK | 0.0 MNOK | 0.0 MNOK |
| Net profit | −0.1 MNOK | 0.0 MNOK | 0.0 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.1 MNOK |
| Total assets | 0.2 MNOK | 1.2 MNOK | 0.5 MNOK |
| Current assets | 0.2 MNOK | 1.2 MNOK | 0.5 MNOK |
| Equity | −0.2 MNOK | −0.3 MNOK | −0.3 MNOK |
| Retained earnings | −0.2 MNOK | −0.3 MNOK | −0.3 MNOK |
| Total liabilities | 0.4 MNOK | 1.4 MNOK | 0.8 MNOK |
| Current liabilities | 0.4 MNOK | 1.4 MNOK | 0.8 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 6263507.
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