Difference Gruppen 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
Key facts
Is the company run well?
Five key figures against companies in the same sector. Green is better than most, amber about like the industry and red weaker than most.
- Profitability · operating margin −18.4% Weaker than the industry Industry: 3.8%
- Returns · return on assets −7.3% Weaker than the industry Industry: 9.2%
- Solidity · equity ratio 96.6% Better than the industry Industry: 29.0%
- Liquidity · current ratio 27.66 Better than the industry Industry: 1.45
- Growth · revenue growth −2.2% Weaker than the industry Industry: 4.8%
The mark comes from the company's place among comparable companies (percentile): green from 60, amber from 40, red below 40. Negative equity, an operating loss and a current ratio under 1 pull it down regardless. Methodology
Score · fiscal year 2025
Not enough data: Not enough data (below minimum revenue)
Based on the annual accounts for 2025
How it has gone · 2023–2025
Revenue fell by 3 % from 2023 to 2025, to 0.2 MNOK. The operating margin rose from −21.1% in 2023 to −18.4% in 2025. The equity ratio is about the same: 96.6% in 2025 against 96.9% in 2023.
Amounts in the reporting currency. The full year-by-year table is further down under «Details». See every figure year by year
Accounts in short
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.3 MNOK | 0.2 MNOK | 0.2 MNOK |
| Operating profit | −0.1 MNOK | 0.0 MNOK | 0.0 MNOK |
| Net profit | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 0.7 MNOK | 0.6 MNOK | 0.6 MNOK |
| Equity | 0.7 MNOK | 0.6 MNOK | 0.6 MNOK |
| Total liabilities | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
From the Brønnøysund Register Centre, in the company's reporting currency (NOK). See every figure year by year
From the Central Coordinating Register
- Org. no.
- 988073504
- Legal form
- AS
- Sector
- Annen tjenesteyting (96.210)
- Purpose
- Yte tjenester og bistå frisørsalonger i Norge som er medlem av Difference Gruppen og det som står i den forbindelse.
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 30 January 2005 21 years in operation
- Share capital
- 0.13 MNOK
- Business address
- Spikkestadveien 97, 3440 RØYKEN (ASKER)
- Municipality
- Asker rank 2 of 11 in KOSTRA group 12
- Audit
- Audit opted out from 15 November 2016
- Latest accounts filed
- 2025
- VAT registered
- Yes
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
Worth a closer look
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −18.2% (median 3.2%).
- 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 −18.4% (median 3.8%).
- watch
Receivables equal far more days of revenue than at comparable companies. Do customers pay late, or are these loans to companies in the same group?
Based on: Receivable days 57 days (median 10 days).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
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 0.6%. Based on the 9 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 0 MNOK | 3 MNOK |
| Operating margin | −18.4% | 3.8% |
| Profit margin | −18.2% | 3.2% |
| Return on assets | −7.3% | 9.2% |
| Equity ratio | 96.6% | 29.0% |
| Debt-to-equity | 0.03 | 1.50 |
| Current ratio | 27.66 | 1.45 |
| Revenue growth | −2.2% | 4.8% |
The median and “ahead of” refer to companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
Score over time
Score over time needs at least two fiscal years with a score. It will appear when next year's figures are fetched or history is imported.
Working capital and debt
| Measure | Company | Median | |
|---|---|---|---|
| Working capital | |||
| Receivable days All current receivables, including those on group companies, in days of revenue. |
57 days | 10 days | |
| Inventory and other current assets, days Current assets other than receivables and bank deposits, that is inventory and short-term investments, in days of revenue. |
702 days | 14 days | |
| Net working capital to revenue Current assets less bank deposits less current liabilities, divided by revenue. Negative: short-term debt funds the operations. |
199.6% | −9.3% | |
| Cash share of current assets How much of the short-term buffer is bank deposits and cash. |
10.4% | 66.2% | |
| Debt and interest burden | |||
| Interest coverage (times) Operating result divided by all financial costs. Below 1: operations do not cover the cost of the debt. |
– | 7.3 | |
| Financial costs as a share of debt All financial costs (interest, currency losses and other) divided by all debt, interest-free debt included. Not an interest rate. |
– | 0.5% | |
| Long-term share of debt Long-term debt as a share of all debt. A low share means more falls due within a year. |
– | 17.0% | |
Net working capital (current assets less bank deposits less current liabilities): 0.5 MNOK.
The median and the bar refer to companies in the same sector in 2025. The bar shows the share of the group with a lower figure: higher is not always better, long receivable days tie up capital, for example. These figures do not count in the score.
The industry or the company: what drove the result?
In 2025 the operating margin of Difference Gruppen AS fell by 0.0 percentage points. Comparable companies rose by a median 0.0 points. So the company did 0.1 points weaker than the industry, for reasons of its own.
Over 2 year-to-year changes Difference Gruppen AS moved the same way as comparable companies 1 times. About 6% 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 | −18.4% | 3.7% | +2.7 percentage points | −0.1 percentage points | +2.9 percentage points |
| 2025 | −18.4% | 3.8% | 0.0 percentage points | +0.0 percentage points | −0.1 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 Difference Gruppen AS. The figures stand side by side; we claim no cause.
Consumer price index (indeks (2025 = 100))
Consumer price index rose 3.0% in 2025; the operating margin of Difference Gruppen AS fell 0.0 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Consumer price index, annual average | 84.3 | 89.2 | 94.1 | 97.0 | 100.0 | 103.0 (so far) |
| Change from the year before | +3.5% | +5.8% | +5.5% | +3.2% | +3.0% | +3.0% |
| The company's operating margin | – | – | −21.1% | −18.4% | −18.4% | – |
Source: SSB (14710, CC BY 4.0). Source
Policy rate (prosent)
Policy rate fell 0.20 percentage points in 2025; the operating margin of Difference Gruppen AS fell 0.0 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 | – | – | −21.1% | −18.4% | −18.4% | – |
Source: Norges Bank (IR, NLOD 2.0). Source
Wage index: other personal services (indeks)
Wage index: other personal services rose 4.9% in 2025; the operating margin of Difference Gruppen AS fell 0.0 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Wage index: other personal services, annual average | 89.0 | 93.2 | 98.3 | 103.2 | 108.3 | 111.9 (so far) |
| Change from the year before | +4.1% | +4.8% | +5.4% | +5.0% | +4.9% | +3.3% |
| The company's operating margin | – | – | −21.1% | −18.4% | −18.4% | – |
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
Difference Gruppen AS had an equity ratio of 96.6% in 2025. The company is not ranked: not enough data (below minimum revenue).
No large changes in the key figures from 2024 to 2025.
This text is generated automatically from the 2025 accounts.
Three simple methods
Suggested price: about 1 MNOK
The mean of the 1 methods below (P/E, EV/EBIT and P/B with listed multiples and a size adjustment), rounded to two significant figures. It is a calculation, not a bid or a valuation. Fewer than three methods gave a figure, so the mean is weaker than it looks.
That is about 50,588 NOK per share, on 17 shares in the shareholder register.
One method gives a figure: 1 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 19.2 | not meaningful |
| EV/EBIT | 15.1 | not meaningful |
| P/B | 2.4 | 1 MNOK |
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 NACE code has no listed industry of its own in the table, so the multiples are the sector median: Total Market (without financials).
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
Figures you will not find in any register
We calculated these figures ourselves from the accounts and registers we have read. The company has not reported them and the Brønnøysund Register Centre does not publish them. They are indications and are not part of the index. How we calculate
- Equity paid out or paid in
- Equity moved as the result implied in 2025.
Calculated as retained earnings at the start of the year + net result − retained earnings at the end of the year. What remains is dividends and group contributions, plus transfers to other items and corrections of earlier years. It is not a dividend figure. - Owners and leadership aged 60 or older
- Several signs that a generation change may be coming.
- 70% of the shares held by persons are held by people aged 60 or older.
- The chair is 60 or older.
- The managing director is under 60.
- 2 of 3 on the board are 60 or older.
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
Questions and answers
How profitable is Difference Gruppen AS?
The operating margin was −18.4% in 2025, against a median of 3.8% among companies in the same sector. Return on assets was −7.3%. The company made a loss before tax.
How solid is Difference Gruppen AS?
The equity ratio was 96.6% in 2025 (median 29.0%). Debt-to-equity was 0.03 (median 1.50).
What is the liquidity of Difference Gruppen AS like?
The current ratio was 27.66 in 2025 (median 1.45).
Ownership and roles
Loading roles …
Source: Central Coordinating Register, fetched 7 November 2026. Only names are shown.
Shareholders (2025)
- Number of shareholders
- 7
- Largest owner
- 23.5% · top three 58.8%
- Split
- companies 41% · private persons 59% · foreign 0%
- Owned from the same municipality
- 76%
- Owners over 60
- 70% of the shares held by persons (median age 61)
- Bølgelengde AS · 17.6%
- Studio Classic AS · 17.6%
- Best Frisør AS · 5.9%
- 4 private persons · 58.8%
Change 2007–2025:
63% of the shares changed owner (3 new and 8 departed owners).
New owners (companies): Best Frisør AS, Studio Classic AS
Departed (companies): A Costa Saks AS, Blakstad Frisørsenter AS, Fifth Week AS, Tomina Frisør AS, Von Malchus Holding AS
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 9 November 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | – | – | – | |
| Rank | – | – | – | |
| Operating margin | −21.1% | −18.4% | −18.4% | |
| Return on assets | −7.8% | −7.2% | −7.3% | |
| Equity ratio | 96.9% | 98.2% | 96.6% | |
| Current ratio | 31.07 | 53.68 | 27.66 | |
| Revenue growth | – | −1.2% | −2.2% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.3 MNOK | 0.2 MNOK | 0.2 MNOK |
| Operating profit | −0.1 MNOK | 0.0 MNOK | 0.0 MNOK |
| Profit before tax | −0.1 MNOK | 0.0 MNOK | 0.0 MNOK |
| Tax expense | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Net profit | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | – |
| Total assets | 0.7 MNOK | 0.6 MNOK | 0.6 MNOK |
| Current assets | 0.7 MNOK | 0.6 MNOK | 0.6 MNOK |
| Equity | 0.7 MNOK | 0.6 MNOK | 0.6 MNOK |
| Retained earnings | 0.5 MNOK | 0.5 MNOK | 0.5 MNOK |
| Total liabilities | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Current liabilities | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 9 November 2026, accounts id 6394683.