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THE NORDIC MODEL AS
AS
Active
Org 922047308
Taugata 1A, 4014 Stavanger
Graphic design and visual communication activities · NACE 7412
Est. 2019
2 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 2,1M
+59% vs 2023
EBITDA margin
-2.7%
-144% vs 2023
Equity ratio
31.0%
Financial strength
Net profit 2024
NOK -95K
-252% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 2,1M
+59%
EBITDA
NOK -58K
-144%
Net profit
NOK -95K
-252%
Total assets
NOK 565K
-8%
Equity
NOK 175K
-35%
Employees
2
—
Company information
Legal name
THE NORDIC MODEL AS
Org number
922047308
Legal form
Aksjeselskap
NACE code
7412 · Graphic design and visual communication activities
Founded
11. januar 2019
Share capital
NOK 50 000
Employees
2 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Tilrettelegging av visuelle strategier for offentlig og privat næring.
Contact
Address
Taugata 1A, 4014 Stavanger
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Companies in Graphic design and visual communication activities
Companies in Stavanger
All Norway companies
Revenue
NOK millions
0M
1M
2M
3M
3M
1M
2020
2M
2021
3M
2022
1M
2023
2M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
914
2 021
2 640
1 347
2 143
Staff expenses
−365
−829
−860
−266
−745
EBITDA
62
82
179
131
−58
Depreciation & amort.
−13
−25
−35
−44
−42
EBIT
48
57
144
87
−100
Net financials
6
0
−1
−2
5
Profit before tax
54
57
143
85
−95
Tax
2
13
32
23
0
Net profit
51
45
111
62
−95
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
118
918
441
612
565
Equity
51
96
207
270
175
Long-term debt
0
0
0
0
0
Short-term debt
66
822
234
342
390
Total debt
66
822
234
342
390
Financial ratios
5-year trend
EBITDA margin
-2.7%
This company
15.8%
Market median
-117% vs market
2020
2024
Equity ratio
31.0%
This company
38.2%
Market median
+19% vs market
2020
2024
Return on equity
-54.1%
This company
18.4%
Market median
-394% vs market
2020
2024
Net profit margin
-4.4%
This company
8.1%
Market median
-154% vs market
2020
2024
Asset turnover
3.79×
This company
1.12×
Market median
+238% vs market
2020
2024
Debt / equity
2.23×
This company
0.62×
Market median
-260% vs market
2020
2024
Annual reports & filings
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
GB
Goedele Benedict Teirlinck
Chairman
2019
SA
Simon Andreas Kjær
Deputy Chairman
2019
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Unknown
Individual
50%
50%
2022
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of THE NORDIC MODEL AS also hold positions in
0
other companies.
Person
Role here
Other companies
Goedele Benedict Teirlinck
Chairman
0 companies
Simon Andreas Kjær
Deputy Chairman
0 companies