INDITEX NORGE AS

Org. no. 980643263 · OSLO · Founded 1999 · 349 employees

Score · fiscal year 2025

43of 100

How to read this: the company is ahead of 34 % of companies in the Morning class Large in the same sector in 2025. What does this mean?

Rank in the Morning class Large: 359 of 541 · What are Morning company classes?
Place in the whole sector: 14,582 of 23,059 · Handel

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 88 and solidity 19 out of 100 among companies in the Morning class Large in the same sector in 2025. Methodology

Against the sector

INDITEX NORGE AS is 7 points below the median for companies in the Morning class Large in the same sector in 2025.

Median score 50 among 541 companies.

Against companies in the Morning class Large in the same sector in 2025: operating margin 11.6% (median 2.5%) and equity ratio 14.8% (median 30.9%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 28 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue999 MNOK1,119 MNOK
Operating margin 11.6% 2.5% 94 %
Profit margin 10.8% 2.5% shown, not part of the index
Return on assets 18.6% 10.2% 81 %
Equity ratio 14.8% 30.9% 19 %
Debt-to-equity 5.76 2.23 19 %
Current ratio 0.65 1.30 2 %
Revenue growth 4.2% 6.9% 38 %
Revenue per employee2.86 MNOK12.49 MNOK

The median and “ahead of” refer to companies in the Morning class Large in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 43, INDITEX NORGE AS does better than 34% of companies in the Morning class Large in the same sector (541 companies) in 2025.

Over time

Score 2024–2026

CompanyMedian0255075100202420252026
  • INDITEX NORGE AS
  • Median: companies in the Morning class Large in the same sector
Summary analysis

INDITEX NORGE AS has a score of 43 for 2025, rank 14,582 of 23,059 in the sector.

Strongest: Profitability: percentile 88 against peers, operating margin 11.6% against a median of 2.5%.

Weakest: Liquidity: percentile 2 against peers, current ratio 0.65 against a median of 1.30. Solidity: percentile 19 against peers, equity ratio 14.8% against a median of 30.9%.

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

INDITEX NORGE AS had an operating margin of 11.6% and an equity ratio of 14.8% in 2025, and ranks 14,582 of 23,059 in Handel.

No large changes in the key figures from 2024 to 2025.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 97 MNOK and 845 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 84.5 MNOK 10.0 845 MNOK
EV/EBIT Operating profit: 115.6 MNOK
minus net debt 244.4 MNOK
8.0 680 MNOK
P/B Equity: 97.4 MNOK 1.0 97 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 · 2025

Worth a closer look

  • watch

    Consider strengthening liquidity: current liabilities are 1.5 times current assets.

    Based on: Current ratio 0.65 (median 1.30).

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

Financial costs were 2.5% 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.

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 · 2025

What the score is made of

Profitability88 weight 30%
Solidity19 weight 25%
Liquidity2 weight 15%
Growth38 weight 15%
Consistency42 weight 15%

Durability: 42 (average over 2 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is INDITEX NORGE AS?

The operating margin was 11.6% in 2025, against a median of 2.5% among companies in the Morning class Large in the same sector. Return on assets was 18.6%.

How solid is INDITEX NORGE AS?

The equity ratio was 14.8% in 2025 (median 30.9%). Debt-to-equity was 5.76 (median 2.23).

What is the liquidity of INDITEX NORGE AS like?

The current ratio was 0.65 in 2025 (median 1.30). Current assets did not cover current liabilities.

How does INDITEX NORGE AS compare in Handel?

INDITEX NORGE AS ranks 14,582 of 23,059 in Handel for 2025. Among companies in the Morning class Large it is number 359 of 541. Revenue changed by 4.2% from the year before.

From the Central Coordinating Register

Org. no.
980643263
Legal form
AS
Sector
Handel (47.710)
Morning company class
Large
Employees
349 registered 10 October 2026
Founded
23 March 1999 27 years in operation
Share capital
62.94 MNOK
Business address
Bogstadveien 12, 0355 OSLO
Municipality
Oslo rank 63–220 of 357 in Norway
Latest accounts filed
2026

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
Eirik Johan Rafael Steen
Chair of the board
Lucian Dorobantu
Board member
Javier Monteoliva Diaz
Board member
Jose Manuel Romay De La Colina
Auditor
ERNST & YOUNG AS
Accountant
PWC TAX SERVICES AS
Accountant
AZETS INSIGHT 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.

Report an issue

Figures last fetched 28 October 2026.

Details

Year by year · 2024–2026

Key figure202420252026Trend
Index414351
Rank14,77414,582101
Operating margin12.2%11.6%10.0%
Return on assets17.6%18.6%17.4%
Equity ratio15.2%14.8%15.3%
Current ratio0.740.650.44
Revenue growth–4.2%11.4%

Accounts

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

Key figure202420252026
Operating revenue958.4 MNOK999.0 MNOK1,113.1 MNOK
Operating profit117.1 MNOK115.6 MNOK111.4 MNOK
Profit before tax107.3 MNOK108.3 MNOK104.3 MNOK
Net profit83.7 MNOK84.5 MNOK81.3 MNOK
Financial expenses25.2 MNOK14.3 MNOK13.2 MNOK
Total assets754.0 MNOK658.9 MNOK676.3 MNOK
Current assets214.8 MNOK185.0 MNOK158.6 MNOK
Equity114.7 MNOK97.4 MNOK103.8 MNOK
Retained earnings33.7 MNOK34.5 MNOK40.8 MNOK
Total liabilities639.3 MNOK561.5 MNOK572.6 MNOK
Current liabilities289.2 MNOK284.3 MNOK360.2 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 6069637.