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NORDEN AUTO AS
AS
Active
Org 925421529
Tvetenveien 152, 0671 Oslo
Retail sale of motor vehicles · NACE 4781
Est. 2020
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 60,4M
+269% vs 2023
EBITDA margin
5.1%
+501% vs 2023
Equity ratio
18.4%
Financial strength
Net profit 2024
NOK 2,2M
+321% vs 2023
EBITDA — year on year
NOK millions
4M
3M
1M
0M
-1M
0M
2021
0M
0%
2022
-1M
-100%
2023
3M
+400%
2024
Key figures
Annual report 2024
Revenue
NOK 60,4M
+269%
EBITDA
NOK 3,1M
+501%
Net profit
NOK 2,2M
+321%
Total assets
NOK 6M
+35%
Equity
NOK 1,1M
+266%
Employees
0
—
Company information
Legal name
NORDEN AUTO AS
Org number
925421529
Legal form
Aksjeselskap
NACE code
4781 · Retail sale of motor vehicles
Founded
4. august 2020
Share capital
NOK 50 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Detaljhandel med biler og motorvogner.
Contact
Address
Tvetenveien 152, 0671 Oslo
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Revenue
NOK millions
0M
17M
35M
52M
69M
1M
2021
6M
2022
16M
2023
60M
2024
EBITDA
NOK millions
0M
1M
2M
3M
3M
0M
2021
0M
2022
-1M
2023
3M
2024
Income statement
NOK thousands
Item
2021
2022
2023
2024
Revenue
784
5 953
16 383
60 407
Staff expenses
−0
−0
−0
−0
EBITDA
35
357
−765
3 068
Depreciation & amort.
−0
−0
−0
−358
EBIT
35
357
−765
2 709
Net financials
−7
−22
−237
−139
Profit before tax
27
334
−1 002
2 570
Tax
6
73
−5
367
Net profit
21
261
−997
2 203
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
Total assets
97
4 046
4 435
5 985
Equity
71
332
−665
1 104
Long-term debt
10
65
2 352
2 164
Short-term debt
15
3 649
2 748
2 717
Total debt
25
3 714
5 100
4 881
Financial ratios
5-year trend
EBITDA margin
5.1%
This company
15.8%
Market median
-68% vs market
2021
2024
Equity ratio
18.4%
This company
38.2%
Market median
-52% vs market
2021
2024
Return on equity
199.6%
This company
18.4%
Market median
+985% vs market
2021
2024
Net profit margin
3.6%
This company
8.1%
Market median
-56% vs market
2021
2024
Asset turnover
10.09×
This company
1.12×
Market median
+801% vs market
2021
2024
Debt / equity
4.42×
This company
0.62×
Market median
-613% vs market
2021
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
Management
Actively employed in the business
Name
Role
Member since
Current (1)
HA
Hasnat Ahmad
Chief Executive Officer
Chief Executive Officer
2021
Board of directors
Non-executive oversight
Name
Role
Member since
Former (2)
FH
Fawad Hussain
Chairman
2020 – 2021
SS
Sidra Shahzadi
Board of Directors
2020 – 2021
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Strawberry As
Company
100%
100%
2022
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Company hierarchy
Strawberry As
NORDEN AUTO AS
(this company)
Board network connections
Board members of NORDEN AUTO AS also hold positions in
0
other companies.
Person
Role here
Other companies
Hasnat Ahmad
Chief Executive Officer
0 companies
Fawad Hussain
Chairman
0 companies
Sidra Shahzadi
Board of Directors
0 companies