Norclean AS

Org. no. 971586907 · Molde · Founded 1994 · 5 employees

Score · fiscal year 2023

83of 100

How to read this: the company is ahead of 94 % of companies in the Morning class Small in the same sector in 2023. What does this mean?

Rank in the Morning class Small: 433 of 6,814 · What are Morning company classes?
Place in the whole sector: 1,340 of 21,201 · Handel

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 75 and solidity 88 out of 100 among companies in the Morning class Small in the same sector in 2023. Methodology

Against the sector

Norclean AS is 33 points above the median for companies in the Morning class Small in the same sector in 2023.

Median score 50 among 6,814 companies.

Against companies in the Morning class Small in the same sector in 2023: operating margin 11.4% (median 3.2%) and equity ratio 71.4% (median 36.2%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 28 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue17 MNOK20 MNOK
Operating margin 11.4% 3.2% 86 %
Profit margin 10.6% 2.9% shown, not part of the index
Return on assets 14.4% 9.3% 64 %
Equity ratio 71.4% 36.2% 89 %
Debt-to-equity 0.40 1.55 88 %
Current ratio 3.01 1.71 81 %
Revenue growth – 4.2% not compared
Revenue per employee3.45 MNOK2.03 MNOK

The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 83, Norclean AS does better than 94% of companies in the Morning class Small in the same sector (6,814 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Norclean AS
  • Median: companies in the Morning class Small in the same sector
Analysis · 2023

What the numbers say

Norclean AS had an operating margin of 11.4% and an equity ratio of 71.4% in 2023, and ranks 1,340 of 21,201 in Handel.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 8 MNOK and 18 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 1.4 MNOK 10.0 14 MNOK
EV/EBIT Operating profit: 2.0 MNOK
minus net debt −2.1 MNOK
8.0 18 MNOK
P/B Equity: 8.3 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 · 2023

Worth a closer look

  • positive

    Upper quartile on profitability, solidity and liquidity. What sets this company apart from the rest of the sector?

    Based on: Operating margin 11.4% (median 3.2%); Equity ratio 71.4% (median 36.2%); Current ratio 3.01 (median 1.71).

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

Financial costs were −4.8% of the debt in 2023. The policy rate averaged 3.54 % 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 · 2022

Scenario analysis: the sector's weakest year

We have no accounts for 2022, the sector's weakest year, for this company.

The sector's weakest year was 2022, with a median operating margin of 1.5%. 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

Profitability75 weight 30%
Solidity88 weight 25%
Liquidity81 weight 15%
Growth– no data, left out
Consistency92 weight 15%

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

2023

Questions and answers

How profitable is Norclean AS?

The operating margin was 11.4% in 2023, against a median of 3.2% among companies in the Morning class Small in the same sector. Return on assets was 14.4%.

How solid is Norclean AS?

The equity ratio was 71.4% in 2023 (median 36.2%). Debt-to-equity was 0.40 (median 1.55).

What is the liquidity of Norclean AS like?

The current ratio was 3.01 in 2023 (median 1.71).

How does Norclean AS compare in Handel?

Norclean AS ranks 1,340 of 21,201 in Handel for 2023. Among companies in the Morning class Small it is number 433 of 6,814.

From the Central Coordinating Register

Org. no.
971586907
Legal form
AS
Sector
Handel (46.620)
Morning company class
Small
Employees
5 registered 10 July 2026
Founded
1 July 1994 32 years in operation
Share capital
0.10 MNOK
Business address
Gammelseterlia 31, 6422 MOLDE
Municipality
Molde rank 1–8 of 13 in KOSTRA group 10
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

Chief executive
Kjell Finnøy
Chair of the board
Kjell Finnøy
Board member
Kari Kristoffersen Finnøy
Deputy member
Finn Arve Thomassen
Auditor
Romsdal Revisjon AS
Accountant
Sparebank 1 Regnskapshuset Smn AS

Source: Central Coordinating Register, fetched 29 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.

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Figures last fetched 28 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index836769
Rank1,3404,3873,412
Operating margin11.4%3.2%22.3%
Return on assets14.4%5.5%34.0%
Equity ratio71.4%68.6%47.8%
Current ratio3.012.651.77
Revenue growth–16.1%23.8%

Accounts

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

Key figure202320242025
Operating revenue17.3 MNOK20.0 MNOK24.8 MNOK
Operating profit2.0 MNOK0.6 MNOK5.5 MNOK
Profit before tax1.8 MNOK0.6 MNOK5.5 MNOK
Net profit1.4 MNOK0.5 MNOK4.3 MNOK
Financial expenses−0.2 MNOK0.0 MNOK0.1 MNOK
Total assets11.6 MNOK12.1 MNOK16.3 MNOK
Current assets9.7 MNOK10.0 MNOK13.3 MNOK
Equity8.3 MNOK8.3 MNOK7.8 MNOK
Retained earnings8.2 MNOK8.2 MNOK7.7 MNOK
Total liabilities3.3 MNOK3.8 MNOK8.5 MNOK
Current liabilities3.2 MNOK3.8 MNOK7.5 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 4609031.