Nerds AS
Not financial advice. The index, rank, signals and advice are rule-based indications from the latest filed annual accounts. They are not a credit rating, an assessment of management or a recommendation to buy, sell or do business with the company. Read more
Score · fiscal year 2025
61of 100
How to read this: the company is ahead of 71 % of companies in the Morning class Small in the same sector in 2025. What does this mean?
Rank in the Morning class Small: 632 of 2,159 · What are Morning company classes?
Place in the whole sector: 1,977 of 6,735 · Overnatting og servering
Profile
Cheetah · Sprinter
High profitability, lower resilience
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 84 and resilience 36 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology
Against the sector
Nerds AS is 10 points above the median for companies in the Morning class Small in the same sector in 2025.
Median score 51 among 2,159 companies.
Against companies in the Morning class Small in the same sector in 2025: operating margin 10.7% (median 5.0%) and equity ratio 8.9% (median 19.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 28 MNOK | 16 MNOK |
| Operating margin | 10.7% | 5.0% |
| Profit margin | 11.4% | 4.7% |
| Return on assets | 45.3% | 14.4% |
| Equity ratio | 8.9% | 19.4% |
| Debt-to-equity | 10.19 | 2.95 |
| Current ratio | 0.69 | 1.04 |
| Revenue growth | 8.1% | 5.7% |
| Revenue per employee | 0.76 MNOK | 0.73 MNOK |
The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 61, Nerds AS does better than 71% of companies in the Morning class Small in the same sector (2,159 companies) in 2025.
Score 2023–2025
- Nerds AS
- Median: companies in the Morning class Small in the same sector
Nerds AS has a score of 61 for 2025, rank 1,977 of 6,735 in the sector.
Strongest: Profitability: percentile 84 against peers, operating margin 10.7% against a median of 5.0%. Consistency: percentile 62 against peers.
Weakest: Liquidity: percentile 21 against peers, current ratio 0.69 against a median of 1.04. Solidity: percentile 27 against peers, equity ratio 8.9% against a median of 19.4%.
Worth a closer look
- The equity ratio is very low. Could the company absorb a bad year, and does it need more equity? Based on: equity ratio 8.9% (median 19.4%).
- Consider strengthening liquidity: current liabilities are 1.5 times current assets. Based on: current ratio 0.69 (median 1.04).
- What lies behind weak solidity, and will it last?
- The change in operating margin in 2025 was 1.5 percentage points better than for comparable companies: the company +1.7, the industry +0.2 points. That is the company's own, not something that hit the whole industry.
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
The industry or the company: what drove the result?
In 2025 the operating margin of Nerds AS rose by 1.7 percentage points. Comparable companies rose by a median 0.2 points. So the company did 1.5 points better than the industry, for reasons of its own.
Over 2 year-to-year changes Nerds AS moved the same way as comparable companies 0 times. About 18% of the changes in operating margin were common to the industry; the rest was the company's own.
| Year | The company | Comparable (median) | Change, company | Change, industry | The company's own |
|---|---|---|---|---|---|
| 2024 | 9.0% | 4.9% | −0.6 percentage points | +0.4 percentage points | −0.9 percentage points |
| 2025 | 10.7% | 5.0% | +1.7 percentage points | +0.2 percentage points | +1.5 percentage points |
Comparable companies are those in the same industry and Morning company class. Their change shows what hit the whole industry, the sector drivers below included. The rest is the company's own: contracts, costs, one-off items or operations. The share is approximate, and we claim no cause.
The company and its sector's drivers
Prices, rate and currency that shape the sector's year, year by year beside the operating margin of Nerds AS. The figures stand side by side; we claim no cause.
Service prices: accommodation and food (indeks (2021 = 100))
Service prices: accommodation and food rose 3.6% in 2025; the operating margin of Nerds AS rose 1.7 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Service prices: accommodation and food, annual average | 100.0 | 107.9 | 114.0 | 118.8 | 123.1 | 126.9 (so far) |
| Change from the year before | – | +7.9% | +5.7% | +4.1% | +3.6% | +3.1% |
| The company's operating margin | – | – | 9.6% | 9.0% | 10.7% | – |
Source: SSB (14335, CC BY 4.0). Source
Turnover index: accommodation and food service (indeks (2021 = 100))
Turnover index: accommodation and food service rose 2.3% in 2025; the operating margin of Nerds AS rose 1.7 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Turnover index: accommodation and food service, annual average | 97.0 | 139.7 | 153.5 | 157.8 | 161.5 | 170.4 (so far) |
| Change from the year before | +23.4% | +44.1% | +9.9% | +2.8% | +2.3% | +5.5% |
| The company's operating margin | – | – | 9.6% | 9.0% | 10.7% | – |
Source: SSB (13863, CC BY 4.0). Source
Consumer price index (indeks (2025 = 100))
Consumer price index rose 3.0% in 2025; the operating margin of Nerds AS rose 1.7 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Consumer price index, annual average | 84.3 | 89.2 | 94.1 | 97.0 | 100.0 | 102.9 (so far) |
| Change from the year before | +3.5% | +5.8% | +5.5% | +3.2% | +3.0% | +2.9% |
| The company's operating margin | – | – | 9.6% | 9.0% | 10.7% | – |
Source: SSB (14710, CC BY 4.0). Source
EUR/NOK (kr)
EUR/NOK rose 0.8% in 2025; the operating margin of Nerds AS rose 1.7 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| EUR/NOK, annual average | 10.16 | 10.10 | 11.42 | 11.62 | 11.72 | 11.04 (so far) |
| Change from the year before | −5.2% | −0.6% | +13.1% | +1.8% | +0.8% | −5.8% |
| The company's operating margin | – | – | 9.6% | 9.0% | 10.7% | – |
Source: Norges Bank (EXR, NLOD 2.0). Source
Policy rate (prosent)
Policy rate fell 0.20 percentage points in 2025; the operating margin of Nerds AS rose 1.7 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Policy rate, annual average | 0.08 | 1.32 | 3.54 | 4.50 | 4.30 | 4.17 (so far) |
| Change from the year before | −0.28 percentage points | +1.24 percentage points | +2.22 percentage points | +0.96 percentage points | −0.20 percentage points | −0.12 percentage points |
| The company's operating margin | – | – | 9.6% | 9.0% | 10.7% | – |
Source: Norges Bank (IR, NLOD 2.0). Source
Wage index: food and beverage service (indeks)
Wage index: food and beverage service rose 6.5% in 2025; the operating margin of Nerds AS rose 1.7 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Wage index: food and beverage service, annual average | 88.0 | 91.3 | 96.4 | 101.5 | 108.1 | 110.6 (so far) |
| Change from the year before | +3.5% | +3.8% | +5.6% | +5.4% | +6.5% | +2.3% |
| The company's operating margin | – | – | 9.6% | 9.0% | 10.7% | – |
Source: SSB (12314, CC BY 4.0). Source
We show the drivers and the margin side by side and claim no cause. Sensitivity per company is not computed until we have at least 10 years of accounts per company: with three years such figures are false precision.
What the numbers say
Nerds AS had an operating margin of 10.7% and an equity ratio of 8.9% in 2025, and ranks 1,977 of 6,735 in Overnatting og servering.
From 2024 to 2025: the equity ratio fell from 18.4% to 8.9%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 1 MNOK and 28 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 19.8 | 26 MNOK |
| EV/EBIT | 16.2 | 28 MNOK |
| P/B | 3.3 | 1 MNOK |
| EV/EBIT: from enterprise value to equity | NOK |
|---|---|
| Enterprise value (EV) at the listed multiple | 42 MNOK |
| Enterprise value after the size adjustment | 26 MNOK |
| Less net debt (rough figure) | −2 MNOK |
| Equity value | 28 MNOK |
Net debt is a rough figure: long-term liabilities minus cash. The accounts do not split interest-bearing debt from other liabilities, and short-term borrowings are not included. The size adjustment applies to the enterprise value, not to the debt.
The listed basis is the value at listed multiples. The estimate is lowered for size: a small-company premium of 4% on the cost of equity gives a value 38% lower. No separate marketability discount is applied, because the premium already allows for the company being small and unlisted.
The multiples are from the listed industry that matches the NACE code (56): Restaurant/Dining.
Not financial advice. The value range is a rough model estimate from listed-company multiples, not a valuation, a price target or a price offer. The actual value may differ greatly. Read more
A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. See the calculation
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 8.9% (median 19.4%).
- watch
Consider strengthening liquidity: current liabilities are 1.5 times current assets.
Based on: Current ratio 0.69 (median 1.04).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.0% of the debt in 2025. The policy rate averaged 4.30 % 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.
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 1.8%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 84 | weight 40% |
|---|---|---|
| Solidity | 27 | weight 20% |
| Liquidity | 21 | weight 5% |
| Growth | 60 | weight 25% |
| Consistency | 62 | weight 10% |
Three goals: profitability 40%, growth 25%, resilience 35%. Why these weights?
Durability: 61 (average over 3 years)
Index version 3. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Nerds AS?
The operating margin was 10.7% in 2025, against a median of 5.0% among companies in the Morning class Small in the same sector. Return on assets was 45.3%.
How solid is Nerds AS?
The equity ratio was 8.9% in 2025 (median 19.4%). Debt-to-equity was 10.19 (median 2.95).
What is the liquidity of Nerds AS like?
The current ratio was 0.69 in 2025 (median 1.04). Current assets did not cover current liabilities.
How does Nerds AS compare in Overnatting og servering?
Nerds AS ranks 1,977 of 6,735 in Overnatting og servering for 2025. Among companies in the Morning class Small it is number 632 of 2,159. Revenue changed by 8.1% from the year before.
Competitors
The 8 closest competitors in the same line of business, placed in the same matrix as the sector page: profitability up, resilience to the right. These are the companies the competitor analysis and the strategy report compare with.
| Company | Profile | Operating revenue | Operating margin | Score |
|---|---|---|---|---|
| Bistro TO Kokker AS |  Lion |
28 MNOK | 15.1% | 75 |
| Bislett Kebab House AS |  Cheetah |
28 MNOK | 57.6% | 62 |
| Monsun Restaurant AS | Cheetah |
28 MNOK | 3.9% | 54 |
| BRYGGEKANTEN BRASSERIE & Bache Bar AS | Lion |
28 MNOK | 8.7% | 66 |
| Los Tacos Stavanger AS | Lion |
28 MNOK | 8.9% | 72 |
| Nerds AS (this company) | Cheetah |
28 MNOK | 10.7% | 61 |
| Seagrasp AS | Lion |
28 MNOK | 8.6% | 59 |
| Paresa Elisenberg AS | Cheetah |
28 MNOK | 18.2% | 58 |
| Delicatessen Aker Brygge AS | Lion |
28 MNOK | 16.2% | 76 |
The selection is the closest in revenue within the same industry code. When you order, you can swap competitors. Order competitor analysis
Group structure · 2025
3 companies in the group according to the shareholder register for 2025. A company counts as a subsidiary when a Norwegian company owns more than half of its shares.
Private persons own 68% of the shares in Møteplasser AS. Persons are not shown by name.
Møteplasser AS has not filed group accounts in open data, so the group has no index of its own. Each company has its own accounts.
The group in figures
- Sectors
- Overnatting og servering (2 companies) 2 of 3 companies in the tree have accounts with us. Sectors are sorted by the companies' own revenue, which includes sales between the group's companies.
- Employees in Norway
- 52 in all. Drammen 52 Registered employees in the Central Coordinating Register, by the municipality of the business address. Employees may work elsewhere.
-
Møteplasser AS
- Nerds AS you are here
- Goggen Sportpub AS
Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.
Source: the Norwegian Tax Administration's shareholder register 2025 (majority owner with more than 50 % of the shares). Voting agreements and ownership through other countries are not included.
From the Central Coordinating Register
- Org. no.
- 976377966
- Legal form
- AS
- Sector
- Overnatting og servering (56.110)
- Morning company class
- Small
- Employees
- 37 registered 10 September 2026
- Founded
- 23 April 1996 30 years in operation
- Share capital
- 0.10 MNOK
- Business address
- Bragernes torg 8, 3017 DRAMMEN
- Municipality
- Drammen rank 10 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
- Website
- www.marvins.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
Loading roles …
Source: Central Coordinating Register, fetched 31 October 2026. Only names are shown.
Shareholders (2025)
- Number of shareholders
- 4 (one owner holds more than half)
- Largest owner
- 55.0% · top three 85.0%
- Split
- companies 55% · private persons 45% · foreign 0%
- Owned from the same municipality
- 85%
- Owners over 60
- 0% of the shares held by persons (median age 45)
- Group chain
-
Owned by: Møteplasser AS (55%)
Ultimate owner: private person
- Møteplasser AS · 55.0%
- 3 private persons · 45.0%
Change 2007–2025: 45% of the shares changed owner (3 new and 1 departed owners).
Holds shares in: Strømsø AS (27%), Byen Vår Drammen AS (0%)
Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.
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.
Is this your company? Suggest changes or add information
Figures last fetched 4 November 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 62 | 60 | 61 | |
| Rank | 1,823 | 2,049 | 1,977 | |
| Operating margin | 9.6% | 9.0% | 10.7% | |
| Return on assets | 40.5% | 37.6% | 45.3% | |
| Equity ratio | 11.4% | 18.4% | 8.9% | |
| Current ratio | 1.00 | 0.90 | 0.69 | |
| Revenue growth | – | 5.0% | 8.1% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 24.8 MNOK | 26.1 MNOK | 28.2 MNOK |
| Operating profit | 2.4 MNOK | 2.3 MNOK | 3.0 MNOK |
| Profit before tax | 2.4 MNOK | 2.4 MNOK | 3.2 MNOK |
| Tax expense | 0.6 MNOK | 0.5 MNOK | 0.7 MNOK |
| Net profit | 1.9 MNOK | 1.9 MNOK | 2.5 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 6.0 MNOK | 6.5 MNOK | 7.1 MNOK |
| Current assets | 5.3 MNOK | 4.7 MNOK | 4.5 MNOK |
| Equity | 0.7 MNOK | 1.2 MNOK | 0.6 MNOK |
| Retained earnings | 0.6 MNOK | 1.1 MNOK | 0.5 MNOK |
| Total liabilities | 5.3 MNOK | 5.3 MNOK | 6.5 MNOK |
| Current liabilities | 5.3 MNOK | 5.3 MNOK | 6.5 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 4 November 2026, accounts id 7099558.
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