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NORWEGIAN DESIGNS AS
AS
Active
Org 928830837
Nedre Norheim 8, 5600 Norheimsund
Industrial product and fashion design activities · NACE 7411
Est. 2022
2 employees
Watchlist
Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 2,1M
-51% vs 2023
EBITDA margin
-48.8%
-209% vs 2023
Equity ratio
8.9%
Financial strength
Net profit 2024
NOK -815K
-214% vs 2023
EBITDA — year on year
NOK millions
1M
1M
0M
-1M
-1M
0M
2022
1M
+100%
2023
-1M
-200%
2024
Key figures
Annual report 2024
Revenue
NOK 2,1M
-51%
EBITDA
NOK -1M
-209%
Net profit
NOK -815K
-214%
Total assets
NOK 606K
-69%
Equity
NOK 54K
-94%
Employees
2
—
Company information
Legal name
NORWEGIAN DESIGNS AS
Org number
928830837
Legal form
Aksjeselskap
NACE code
7411 · Industrial product and fashion design activities
Founded
26. februar 2022
Share capital
NOK 30 000
Employees
2 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Design og produksjon av tekstil og hardvare.
Contact
Address
Nedre Norheim 8, 5600 Norheimsund
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Companies in Industrial product and fashion design activities
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All Norway companies
Revenue
NOK millions
0M
1M
2M
3M
5M
3M
2022
4M
2023
2M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2022
1M
2023
-1M
2024
Income statement
NOK thousands
Item
2022
2023
2024
Revenue
2 830
4 212
2 072
Staff expenses
−1 762
−2 272
−2 336
EBITDA
139
926
−1 011
Depreciation & amort.
−0
−0
−0
EBIT
139
926
−1 011
Net financials
21
−10
−31
Profit before tax
160
916
−1 042
Tax
35
202
−227
Net profit
125
714
−815
Balance sheet
NOK thousands
Item
2022
2023
2024
Total assets
665
1 935
606
Equity
155
869
54
Long-term debt
0
0
0
Short-term debt
510
1 066
552
Total debt
510
1 066
552
Financial ratios
5-year trend
EBITDA margin
-48.8%
This company
15.8%
Market median
-409% vs market
2022
2024
Equity ratio
8.9%
This company
38.2%
Market median
-77% vs market
2022
2024
Return on equity
-1512.5%
This company
18.4%
Market median
-8320% vs market
2022
2024
Net profit margin
-39.3%
This company
8.1%
Market median
-585% vs market
2022
2024
Asset turnover
3.42×
This company
1.12×
Market median
+205% vs market
2022
2024
Debt / equity
10.25×
This company
0.62×
Market median
-1553% vs market
2022
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 2021-12-13 – 2022-12-31
View
PDF
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
TV
Torunn Valland
Chairman
2022
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
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of NORWEGIAN DESIGNS AS also hold positions in
0
other companies.
Person
Role here
Other companies
Torunn Valland
Chairman
0 companies