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NORWEGIAN DEVELOPMENT INSTITUTE AS
AS
Active
Org 925118362
Havnegata 111, 3040 Drammen
Other education n.e.c. · NACE 8559
Est. 2020
10 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2025
NOK 11,3M
+31% vs 2024
EBITDA margin
7.2%
+340% vs 2024
Equity ratio
44.1%
Financial strength
Net profit 2025
NOK 549K
+499% vs 2024
EBITDA — year on year
NOK millions
3M
2M
1M
1M
0M
1M
2021
2M
+100%
2022
1M
-50%
2023
0M
-100%
2024
1M
+100%
2025
Key figures
Annual report 2025
Revenue
NOK 11,3M
+31%
EBITDA
NOK 813K
+340%
Net profit
NOK 549K
+499%
Total assets
NOK 1,5M
-59%
Equity
NOK 671K
-40%
Employees
10
—
Company information
Legal name
NORWEGIAN DEVELOPMENT INSTITUTE AS
Org number
925118362
Legal form
Aksjeselskap
NACE code
8559 · Other education n.e.c.
Founded
26. mai 2020
Share capital
NOK 30 000
Employees
10 (FTE)
VAT registered
No
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Daglig leder alene.
Company purpose
Kurs og opplæring. Tolking og oversettelse.
Contact
Address
Havnegata 111, 3040 Drammen
Email
info@ndkurs.com
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Explore
Companies in Other education n.e.c.
Companies in Drammen
All Norway companies
Revenue
NOK millions
0M
3M
6M
9M
13M
8M
2021
11M
2022
10M
2023
9M
2024
11M
2025
EBITDA
NOK millions
0M
1M
1M
2M
2M
1M
2021
2M
2022
1M
2023
0M
2024
1M
2025
Income statement
NOK thousands
Item
2021
2022
2023
2024
2025
Revenue
7 524
10 845
10 057
8 661
11 322
Staff expenses
−3 792
−5 011
−5 450
−4 898
−6 533
EBITDA
1 003
1 800
793
185
813
Depreciation & amort.
−23
−38
−70
−74
−108
EBIT
980
1 762
723
111
705
Net financials
−0
−0
−3
5
−1
Profit before tax
980
1 762
720
116
704
Tax
217
392
154
24
155
Net profit
763
1 370
566
92
549
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
2025
Total assets
5 166
7 521
6 327
3 748
1 523
Equity
1 254
2 624
3 190
1 122
671
Long-term debt
0
0
3
2
0
Short-term debt
3 912
4 897
3 134
2 624
847
Total debt
3 912
4 897
3 137
2 626
852
Financial ratios
5-year trend
EBITDA margin
7.2%
This company
15.8%
Market median
-54% vs market
2021
2025
Equity ratio
44.1%
This company
38.2%
Market median
+15% vs market
2021
2025
Return on equity
81.9%
This company
18.4%
Market median
+345% vs market
2021
2025
Net profit margin
4.9%
This company
8.1%
Market median
-40% vs market
2021
2025
Asset turnover
7.43×
This company
1.12×
Market median
+563% vs market
2021
2025
Debt / equity
1.27×
This company
0.62×
Market median
-105% vs market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
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
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
TH
Tamer Hasan El-Bahri
Chairman
2020
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of NORWEGIAN DEVELOPMENT INSTITUTE AS also hold positions in
0
other companies.
Person
Role here
Other companies
Tamer Hasan El-Bahri
Chairman
0 companies