First Wines AS

Org. no. 991444033 · Oslo · Founded 2007

Score · fiscal year 2024

66of 100

How to read this: the company is ahead of 78 % of companies in the Morning class Small in the same sector in 2024. What does this mean?

Rank in the Morning class Small: 1,563 of 7,157 · What are Morning company classes?
Place in the whole sector: 4,797 of 22,226 · Handel

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 81 and solidity 73 out of 100 among companies in the Morning class Small in the same sector in 2024. Methodology

Against the sector

First Wines AS is 15 points above the median for companies in the Morning class Small in the same sector in 2024.

Median score 51 among 7,157 companies.

Against companies in the Morning class Small in the same sector in 2024: operating margin 18.2% (median 3.1%) and equity ratio 56.7% (median 36.3%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 29 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue13 MNOK20 MNOK
Operating margin 18.2% 3.1% 95 %
Profit margin 17.7% 2.7% shown, not part of the index
Return on assets 15.3% 8.9% 66 %
Equity ratio 56.7% 36.3% 74 %
Debt-to-equity 0.76 1.53 72 %
Current ratio 2.31 1.71 68 %
Revenue growth −0.4% 3.9% 36 %

The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 66, First Wines AS does better than 78% of companies in the Morning class Small in the same sector (7,157 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • First Wines AS
  • Median: companies in the Morning class Small in the same sector
Analysis · 2024

What the numbers say

First Wines AS had an operating margin of 18.2% and an equity ratio of 56.7% in 2024, and ranks 4,797 of 22,226 in Handel.

From 2023 to 2024: the equity ratio fell from 68.5% to 56.7% and the operating margin fell from 21.4% to 18.2%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 9 MNOK and 20 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 1.9 MNOK 10.0 19 MNOK
EV/EBIT Operating profit: 2.5 MNOK
minus net debt 0.0 MNOK
8.0 20 MNOK
P/B Equity: 9.1 MNOK 1.0 9 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 · 2024

Worth a closer look

No rules were triggered for this year.

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

Financial costs were 1.0% of the debt in 2024. The policy rate averaged 4.50 % 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 · 2024

What the score is made of

Profitability81 weight 30%
Solidity73 weight 25%
Liquidity68 weight 15%
Growth36 weight 15%
Consistency51 weight 15%

Durability: 76 (average over 2 years)

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

2024

Questions and answers

How profitable is First Wines AS?

The operating margin was 18.2% in 2024, against a median of 3.1% among companies in the Morning class Small in the same sector. Return on assets was 15.3%.

How solid is First Wines AS?

The equity ratio was 56.7% in 2024 (median 36.3%). Debt-to-equity was 0.76 (median 1.53).

What is the liquidity of First Wines AS like?

The current ratio was 2.31 in 2024 (median 1.71).

How does First Wines AS compare in Handel?

First Wines AS ranks 4,797 of 22,226 in Handel for 2024. Among companies in the Morning class Small it is number 1,563 of 7,157. Revenue changed by −0.4% from the year before.

Group accounts

The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.

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.

We do not show the group structure, because open data does not say who owns whom.

From the Central Coordinating Register

Org. no.
991444033
Legal form
AS · part of a group
Sector
Handel (46.340)
Morning company class
Small
Employees
0–4 (not registered)
Founded
15 June 2007 19 years in operation
Share capital
1.67 MNOK
Business address
Henrik Ibsens gate 60C, 0255 OSLO
Municipality
Oslo rank 63–220 of 357 in Norway
Latest accounts filed
2025

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 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.

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Figures last fetched 29 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index866685
Rank9694,797267
Operating margin21.4%18.2%13.6%
Return on assets27.4%15.3%18.8%
Equity ratio68.5%56.7%80.0%
Current ratio3.172.315.01
Revenue growth–−0.4%39.6%

Accounts

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

Key figure202320242025
Operating revenue13.5 MNOK13.5 MNOK18.8 MNOK
Operating profit2.9 MNOK2.5 MNOK2.6 MNOK
Profit before tax2.9 MNOK2.4 MNOK2.4 MNOK
Net profit2.2 MNOK1.9 MNOK1.9 MNOK
Financial expenses–0.1 MNOK0.2 MNOK
Total assets10.6 MNOK16.1 MNOK13.7 MNOK
Current assets10.6 MNOK16.1 MNOK13.7 MNOK
Equity7.2 MNOK9.1 MNOK11.0 MNOK
Retained earnings5.6 MNOK7.4 MNOK9.3 MNOK
Total liabilities3.3 MNOK6.9 MNOK2.7 MNOK
Current liabilities3.3 MNOK6.9 MNOK2.7 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 6114959.

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