NORDNES AS
Score · fiscal year 2025
40of 100
How to read this: the company is ahead of 29 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 2,865 of 4,158 · Sjømat
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 36 and solidity 23 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
NORDNES AS is 9 points below the median for medium-sized companies in the same sector in 2025.
Median score 49 among 461 companies.
Against medium-sized companies in the same sector in 2025: operating margin 5.4% (median 10.6%) and equity ratio 25.2% (median 41.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 182 MNOK | 192 MNOK |
| Operating margin | 5.4% | 10.6% |
| Profit margin | 4.0% | 7.5% |
| Return on assets | 4.2% | 7.7% |
| Equity ratio | 25.2% | 41.4% |
| Debt-to-equity | 2.97 | 1.37 |
| Current ratio | 1.03 | 1.70 |
| Revenue growth | 30.3% | 8.6% |
| Revenue per employee | 16.55 MNOK | 7.70 MNOK |
The median and “ahead of” refer to medium-sized companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 40, NORDNES AS does better than 29% of medium-sized companies in the same sector (461 companies) in 2025.
Score 2023–2025
- NORDNES AS
- Median: medium-sized companies in the same sector
NORDNES AS has a score of 40 for 2025, rank 2,865 of 4,158 in the sector.
Strongest: Growth: percentile 73 against peers, revenue growth 30.3% against a median of 8.6%.
Weakest: Solidity: percentile 23 against peers, equity ratio 25.2% against a median of 41.4%. Liquidity: percentile 26 against peers, current ratio 1.03 against a median of 1.70.
Worth a closer look
- Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have? Based on: revenue growth 30.3% (median 8.6%); current ratio 1.03 (median 1.70).
- What lies behind weak solidity, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
NORDNES AS had an operating margin of 5.4% and an equity ratio of 25.2% in 2025, and ranks 2,865 of 4,158 in Sjømat.
From 2024 to 2025: the operating margin fell from 13.8% to 5.4% and revenue grew by 30%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 63 MNOK and 159 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 63 MNOK |
| EV/EBIT | 8.0 | debt above value |
| P/B | 1.0 | 159 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
Worth a closer look
- 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 30.3% (median 8.6%); Current ratio 1.03 (median 1.70).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 4.0% 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.
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 −5.0%. 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 | 36 | weight 30% |
|---|---|---|
| Solidity | 23 | weight 25% |
| Liquidity | 26 | weight 15% |
| Growth | 73 | weight 15% |
| Consistency | 59 | weight 15% |
Durability: 40 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is NORDNES AS?
The operating margin was 5.4% in 2025, against a median of 10.6% among medium-sized companies in the same sector. Return on assets was 4.2%.
How solid is NORDNES AS?
The equity ratio was 25.2% in 2025 (median 41.4%). Debt-to-equity was 2.97 (median 1.37).
What is the liquidity of NORDNES AS like?
The current ratio was 1.03 in 2025 (median 1.70).
How does NORDNES AS compare in Sjømat?
NORDNES AS ranks 2,865 of 4,158 in Sjømat for 2025. Among companies of the same size (medium-sized companies) it ranks 328 of 461. Revenue changed by 30.3% from the year before.
Group accounts · 2025
48 of 100
Rank 709 of 1326 groups with group accounts. Groups are ranked only against each other, not against single companies.
- Operating revenue, group
- 308 MNOK
- Operating profit, group
- 49 MNOK
- Profit before tax, group
- 29 MNOK
- Total assets, group
- 658 MNOK
- Equity, group
- 118 MNOK
| Key figure | The group | The company alone (2025) |
|---|---|---|
| Operating margin | 15.7% | 5.4% |
| Return on assets | 7.5% | 4.2% |
| Equity ratio | 18.0% | 25.2% |
| Current ratio | 1.37 | 1.03 |
| Revenue growth | 39.5% | 30.3% |
Group index in earlier years: 2023: 32 (1355 of 1716), 2024: 47 (769 of 1371).
Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.
Source: Brønnøysund Register Centre, group accounts 2025 (open data, NLOD 2.0).
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 979397720
- Legal form
- AS
- Sector
- Sjømat (03.110)
- Size tier
- medium
- Employees
- 11 registered 10 July 2026
- Founded
- 17 November 1997 28 years in operation
- Share capital
- 4.50 MNOK
- Business address
- Oksneset, 6050 VALDERØYA (GISKE)
- Municipality
- Giske rank 5–19 of 40 in KOSTRA group 1
- Latest accounts filed
- 2025
- Website
- www.nordnesgruppen.no
- LEI
- 98450066E1F601FAEC75 renews 9 December 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
- Tormund Grimstad
- Chair of the board
- Stein Ove Østvik
- Board member
- Tormund Grimstad
- Board member
- Mats Rørvik Grimstad
- Board member
- Patricia Cooper Stafseth
- Board member
- Sigrid Ratvik Østvik
- Auditor
- BDO AS
- Accountant
- ENORA 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.
Figures last fetched 28 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 42 | 37 | 40 | |
| Rank | 2,381 | 2,827 | 2,865 | |
| Operating margin | 9.9% | 13.8% | 5.4% | |
| Return on assets | 4.6% | 5.9% | 4.2% | |
| Equity ratio | 23.6% | 24.6% | 25.2% | |
| Current ratio | 3.35 | 1.06 | 1.03 | |
| Revenue growth | – | −1.6% | 30.3% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 141.9 MNOK | 139.7 MNOK | 182.0 MNOK |
| Operating profit | 14.0 MNOK | 19.3 MNOK | 9.8 MNOK |
| Profit before tax | 8.8 MNOK | 17.5 MNOK | 7.3 MNOK |
| Net profit | 7.7 MNOK | 13.9 MNOK | 6.3 MNOK |
| Financial expenses | 18.2 MNOK | 18.9 MNOK | 19.0 MNOK |
| Total assets | 589.4 MNOK | 619.8 MNOK | 630.5 MNOK |
| Current assets | 161.0 MNOK | 60.5 MNOK | 84.8 MNOK |
| Equity | 138.9 MNOK | 152.3 MNOK | 158.6 MNOK |
| Retained earnings | 133.1 MNOK | 146.9 MNOK | 153.2 MNOK |
| Total liabilities | 450.5 MNOK | 467.5 MNOK | 471.9 MNOK |
| Current liabilities | 48.0 MNOK | 57.1 MNOK | 82.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 7105765.
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