NOFIMA AS
Score · fiscal year 2025
42of 100
How to read this: the company is ahead of 28 % of companies in the Morning class Large in the same sector in 2025. What does this mean?
Rank in the Morning class Large: 35 of 48 · What are Morning company classes?
Place in the whole sector: 1,646 of 2,491 · Teknisk tjenesteyting og forskning
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 10 and solidity 80 out of 100 among companies in the Morning class Large in the same sector in 2025. Methodology
Against the sector
NOFIMA AS is 10 points below the median for companies in the Morning class Large in the same sector in 2025.
Median score 52 among 48 companies.
Against companies in the Morning class Large in the same sector in 2025: operating margin −5.6% (median 3.4%) and equity ratio 38.1% (median 25.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 711 MNOK | 1,050 MNOK |
| Operating margin | −5.6% | 3.4% |
| Profit margin | −5.2% | 4.1% |
| Return on assets | −8.5% | 9.4% |
| Equity ratio | 38.1% | 25.4% |
| Debt-to-equity | 1.62 | 2.85 |
| Current ratio | 1.22 | 1.13 |
| Revenue growth | −3.4% | 3.7% |
| Revenue per employee | 2.03 MNOK | 4.15 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 42, NOFIMA AS does better than 28% of companies in the Morning class Large in the same sector (48 companies) in 2025.
Score 2023–2025
- NOFIMA AS
- Median: companies in the Morning class Large in the same sector
NOFIMA AS has a score of 42 for 2025, rank 1,646 of 2,491 in the sector.
Strongest: Solidity: percentile 80 against peers, equity ratio 38.1% against a median of 25.4%. Liquidity: percentile 64 against peers, current ratio 1.22 against a median of 1.13.
Weakest: Profitability: percentile 10 against peers, operating margin −5.6% against a median of 3.4%. Growth: percentile 23 against peers, revenue growth −3.4% against a median of 3.7%.
Worth a closer look
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −5.2% (median 4.1%).
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin −5.6% (median 3.4%).
- What lies behind weak profitability, and will it last?
- What lies behind weak growth, 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
NOFIMA AS had an operating margin of −5.6% and an equity ratio of 38.1% in 2025, and ranks 1,646 of 2,491 in Teknisk tjenesteyting og forskning.
From 2024 to 2025: the equity ratio fell from 47.0% to 38.1% and the operating margin fell from −3.2% to −5.6%.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 157 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 157 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
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −5.2% (median 4.1%).
- 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 −5.6% (median 3.4%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.7% 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 2021, the sector's weakest year, for this company.
The sector's weakest year was 2021, with a median operating margin of −0.2%. Based on the 8 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 10 | weight 30% |
|---|---|---|
| Solidity | 80 | weight 25% |
| Liquidity | 64 | weight 15% |
| Growth | 23 | weight 15% |
| Consistency | 40 | weight 15% |
Durability: 52 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is NOFIMA AS?
The operating margin was −5.6% in 2025, against a median of 3.4% among companies in the Morning class Large in the same sector. Return on assets was −8.5%. The company made a loss before tax.
How solid is NOFIMA AS?
The equity ratio was 38.1% in 2025 (median 25.4%). Debt-to-equity was 1.62 (median 2.85).
What is the liquidity of NOFIMA AS like?
The current ratio was 1.22 in 2025 (median 1.13).
How does NOFIMA AS compare in Teknisk tjenesteyting og forskning?
NOFIMA AS ranks 1,646 of 2,491 in Teknisk tjenesteyting og forskning for 2025. Among companies in the Morning class Large it is number 35 of 48. Revenue changed by −3.4% from the year before.
Public contracts
- Contracts awarded since 2024
- 4
- Total awarded value since 2024
- 4.8 MNOK
- 2 contracts without a stated value are not in the total.
- Framework agreements
- 1
- Left out of the total: the value is a ceiling, not actual spend.
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 5 February 2026 | Landbruksdirektoratet | Produktutvikling av økologisk mat og drikke fra norsk jordbruk, rettet mot dagligvare- og storhusholdningsmarkedet 2026-2028 | 4.8 MNOK |
| 6 June 2025 | Nærings- og fiskeridepartementet | Rammeavtale for forvaltningsstøtte på fiskeriområdet | 3.0 MNOK (framework) |
| 26 August 2024 | NIBIO, Norsk institutt for bioøkonomi | 24/00843 Kursarrangør foredling av bær Vesterålen | value not stated |
| 23 May 2024 | NIBIO, Norsk institutt for bioøkonomi | 24/00398 Kunngjøring av kontraktstildeling Miscela kaffebar | value not stated |
| 27 January 2023 | Landbruksdirektoratet | Produktutvikling av økologisk mat og drikke fra norsk jordbruk | value not stated |
| 15 September 2021 | Nærings- og fiskeridepartementet | Forvaltningsstøtte | value not stated |
Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.
Source: Doffin (DFØ), fetched 27 October 2026. Winners are matched on organisation number.
Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0
From the Central Coordinating Register
- Org. no.
- 989278835
- Legal form
- AS
- Sector
- Teknisk tjenesteyting og forskning (72.100)
- Morning company class
- Large
- Employees
- 350 registered 10 October 2026
- Founded
- 22 December 2005 20 years in operation
- Share capital
- 21.09 MNOK
- Business address
- Muninbakken 9-13, 9019 TROMSØ
- Municipality
- Tromsø rank 9 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
- Website
- www.nofima.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
- Chief executive
- Bente Elisabeth Torstensen
- Chair of the board
- Thomas Henning Farstad
- Board member
- Trond Vilhelm Lund
- Board member
- Kirsti Hjelde
- Board member
- Pål Andreas Pedersen
- Board member
- Kjersti Lian
- Board member
- Marianne Synnes Emblemsvåg
- Board member
- Catharina Lindheim
- Board member
- Rune Rødbotten
- Board member
- Hanne Refsholt
- Deputy member
- Tor Arne Krakeli
- Deputy member
- Tom Christen Johannessen
- Deputy member
- Anne-May Johansen
- Auditor
- BDO AS
Source: Central Coordinating Register, fetched 31 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 31 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 62 | 53 | 42 | |
| Rank | 741 | 1,096 | 1,646 | |
| Operating margin | −0.8% | −3.2% | −5.6% | |
| Return on assets | 2.0% | −1.6% | −8.5% | |
| Equity ratio | 39.8% | 47.0% | 38.1% | |
| Current ratio | 1.36 | 1.45 | 1.22 | |
| Revenue growth | – | 2.0% | −3.4% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 721.3 MNOK | 735.6 MNOK | 710.7 MNOK |
| Operating profit | −5.9 MNOK | −23.9 MNOK | −39.9 MNOK |
| Profit before tax | 7.1 MNOK | −8.5 MNOK | −36.7 MNOK |
| Net profit | 7.1 MNOK | −8.5 MNOK | −36.7 MNOK |
| Financial expenses | 3.1 MNOK | 1.9 MNOK | 1.7 MNOK |
| Total assets | 507.8 MNOK | 411.8 MNOK | 411.1 MNOK |
| Current assets | 403.9 MNOK | 302.9 MNOK | 305.0 MNOK |
| Equity | 201.9 MNOK | 193.4 MNOK | 156.7 MNOK |
| Retained earnings | 180.8 MNOK | 172.3 MNOK | 135.6 MNOK |
| Total liabilities | 305.9 MNOK | 218.4 MNOK | 254.4 MNOK |
| Current liabilities | 297.1 MNOK | 209.2 MNOK | 249.3 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 31 October 2026, accounts id 7033138.
Further
Similar companies
- IKM CONSULTANTS AS index 43, rank 1,605 · compare
- HEAD ENERGY CONSULTING AS index 43, rank 1,607 · compare
- COWI AS index 41, rank 1,681 · compare
- PGS GEOPHYSICAL AS index 40, rank 1,742 · compare
- ABL GROUP NORWAY AS index 40, rank 1,751 · compare