DORMAKABA NORGE AS

Org. no. 929633504 · DRAMMEN · Founded 1980 · 74 employees

Score · fiscal year 2024

22of 100

How to read this: the company is ahead of 5 % of companies in the Morning class Medium in the same sector in 2024. What does this mean?

Rank in the Morning class Medium: 1,948 of 2,059 · What are Morning company classes?
Place in the whole sector: 32,366 of 37,175 · Handel

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 8 and solidity 5 out of 100 among companies in the Morning class Medium in the same sector in 2024. Methodology

Against the sector

DORMAKABA NORGE AS is 28 points below the median for companies in the Morning class Medium in the same sector in 2024.

Median score 50 among 2,059 companies.

Against companies in the Morning class Medium in the same sector in 2024: operating margin −1.6% (median 3.2%) and equity ratio 6.0% (median 32.6%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 27 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue431 MNOK171 MNOK
Operating margin −1.6% 3.2% 9 %
Profit margin −2.3% 3.1% shown, not part of the index
Return on assets −3.5% 11.1% 7 %
Equity ratio 6.0% 32.6% 6 %
Debt-to-equity 15.61 2.01 4 %
Current ratio 1.27 1.38 41 %
Revenue growth 8.1% 5.2% 60 %
Revenue per employee5.83 MNOK6.29 MNOK

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

With an index of 22, DORMAKABA NORGE AS does better than 5% of companies in the Morning class Medium in the same sector (2,059 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • DORMAKABA NORGE AS
  • Median: companies in the Morning class Medium in the same sector
Analysis · 2024

What the numbers say

DORMAKABA NORGE AS had an operating margin of −1.6% and an equity ratio of 6.0% in 2024, and ranks 32,366 of 37,175 in Handel.

No large changes in the key figures from 2023 to 2024.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

One method gives a figure: 8 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −9.7 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −6.7 MNOK 8.0 not meaningful
P/B Equity: 8.4 MNOK 1.0 8 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 6.0% (median 32.6%).

  • watch

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin −2.3% (median 3.1%).

  • watch

    The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?

    Based on: Operating margin −1.6% (median 3.2%).

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

Financial costs were 3.7% 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

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 · 2024

What the score is made of

Profitability8 weight 30%
Solidity5 weight 25%
Liquidity41 weight 15%
Growth60 weight 15%
Consistency21 weight 15%

Durability: 16 (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 DORMAKABA NORGE AS?

The operating margin was −1.6% in 2024, against a median of 3.2% among companies in the Morning class Medium in the same sector. Return on assets was −3.5%. The company made a loss before tax.

How solid is DORMAKABA NORGE AS?

The equity ratio was 6.0% in 2024 (median 32.6%). Debt-to-equity was 15.61 (median 2.01).

What is the liquidity of DORMAKABA NORGE AS like?

The current ratio was 1.27 in 2024 (median 1.38).

How does DORMAKABA NORGE AS compare in Handel?

DORMAKABA NORGE AS ranks 32,366 of 37,175 in Handel for 2024. Among companies in the Morning class Medium it is number 1,948 of 2,059. Revenue changed by 8.1% from the year before.

Public contracts

Contracts awarded since 2024
1
Total awarded value since 2024
112.5 MNOK
DateBuyerNotice ValueCPV
11 March 2026 Helse Sør-Øst RHF Kontrakt Entreprise 2414 Lås og beslag - Nye Aker 112.5 MNOK 45421160
28 January 2022 AVINOR AS Avinor AS - K-190165_Unidirectional, anti-return gates for use in airport terminal 11.0 MEUR 34000000

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.
929633504
Legal form
AS
Sector
Handel (46.840)
Morning company class
Medium
Employees
74 registered 10 October 2026
Founded
24 September 1980 46 years in operation
Share capital
1.81 MNOK
Business address
Gråterudveien 16B, 3036 DRAMMEN
Municipality
Drammen rank 10 of 11 in KOSTRA group 12
Latest accounts filed
2025
Website
www.dorma.no
LEI
5299006NEPO7TECDEF32 renews 5 March 2027

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
Rutger In 't Hof
Chair of the board
Stephen Alfred Bewick
Board member
Karin Wanner
Board member
Kenth Roland Granljung
Auditor
ERNST & YOUNG AS
Accountant
ASPIA NORGE AS
Accountant
CEDRA NORGE AS
Accountant
AZETS INSIGHT AS

Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.

Parent company
dormakaba Holding AG (Switzerland)

Foreign-owned according to GLEIF.

Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 29 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.

Report an issue

Figures last fetched 27 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index112226
Rank32,41032,36632,392
Operating margin−0.3%−1.6%1.3%
Return on assets1.6%−3.5%4.5%
Equity ratio4.9%6.0%7.3%
Current ratio1.101.271.35
Revenue growth–8.1%3.1%

Accounts

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

Key figure202320242025
Operating revenue398.7 MNOK431.1 MNOK444.5 MNOK
Operating profit−1.2 MNOK−6.7 MNOK5.9 MNOK
Profit before tax−3.0 MNOK−9.7 MNOK3.6 MNOK
Net profit−5.2 MNOK−9.7 MNOK3.6 MNOK
Financial expenses4.6 MNOK4.8 MNOK3.7 MNOK
Total assets104.0 MNOK138.7 MNOK163.5 MNOK
Current assets93.7 MNOK130.1 MNOK154.8 MNOK
Equity5.1 MNOK8.4 MNOK11.9 MNOK
Retained earnings−157.6 MNOK−167.3 MNOK−163.7 MNOK
Total liabilities99.0 MNOK130.4 MNOK151.5 MNOK
Current liabilities85.0 MNOK102.4 MNOK114.5 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 5450995.

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