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NORDIC REFRESHMENT COMPANY AS
AS
Active
Org 980416283
Nordseterveien 26A, 1176 Oslo
Wholesale of other food · NACE 4638
Est. 1998
0 employees
www.noreco.net
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 16,5M
-11% vs 2023
EBITDA margin
10.2%
+15% vs 2023
Equity ratio
75.7%
Financial strength
Net profit 2024
NOK 2,3M
+116% vs 2023
EBITDA — year on year
NOK millions
5M
4M
3M
1M
0M
0M
2020
4M
+400%
2021
2M
-50%
2022
1M
-50%
2023
2M
+100%
2024
Key figures
Annual report 2024
Revenue
NOK 16,5M
-11%
EBITDA
NOK 1,7M
+15%
Net profit
NOK 2,3M
+116%
Total assets
NOK 12,5M
+43%
Equity
NOK 9,5M
+31%
Employees
0
—
Company information
Legal name
NORDIC REFRESHMENT COMPANY AS
Org number
980416283
Legal form
Aksjeselskap
NACE code
4638 · Wholesale of other food
Founded
28. desember 1998
Share capital
NOK 100 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Contact
Address
Nordseterveien 26A, 1176 Oslo
Website
www.noreco.net
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Companies in Wholesale of other food
Companies in Oslo
All Norway companies
Revenue
NOK millions
0M
8M
16M
23M
31M
18M
2020
27M
2021
18M
2022
19M
2023
16M
2024
EBITDA
NOK millions
0M
1M
2M
3M
5M
0M
2020
4M
2021
2M
2022
1M
2023
2M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
18 311
26 715
18 074
18 601
16 480
Staff expenses
−1 756
−2
−0
−0
−1
EBITDA
417
4 202
1 673
1 456
1 673
Depreciation & amort.
−64
−5
−0
−3
−7
EBIT
353
4 197
1 673
1 453
1 666
Net financials
−77
−13
36
−97
960
Profit before tax
275
4 184
1 710
1 355
2 626
Tax
4
923
383
310
367
Net profit
271
3 261
1 327
1 045
2 258
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
4 393
7 845
8 567
8 801
12 542
Equity
3 222
6 483
7 810
7 235
9 493
Long-term debt
0
0
0
0
2
Short-term debt
1 171
1 362
757
1 566
3 047
Total debt
1 171
1 362
757
1 566
3 049
Financial ratios
5-year trend
EBITDA margin
10.2%
This company
15.8%
Market median
-35% vs market
2020
2024
Equity ratio
75.7%
This company
38.2%
Market median
+98% vs market
2020
2024
Return on equity
23.8%
This company
18.4%
Market median
+29% vs market
2020
2024
Net profit margin
13.7%
This company
8.1%
Market median
+69% vs market
2020
2024
Asset turnover
1.31×
This company
1.12×
Market median
+17% vs market
2020
2024
Debt / equity
0.32×
This company
0.62×
Market median
+48% 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
Name
Role
Member since
Current (1)
MJ
Monica Jensen Hellmann
Deputy Member
Deputy Member
2024
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
FH
Frode Hellmann
Chairman
2020
Shareholders
As of last annual report
No shareholder data available.
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Company hierarchy
NORDIC REFRESHMENT COMPANY AS
(this company)
DET GLUTENFRIE VERKSTED AS
URBAN WINES AS
URBAN SPIRITS AS
ABERE AS
URBAN DRINKS AS
Board network connections
Board members of NORDIC REFRESHMENT COMPANY AS also hold positions in
0
other companies.
Person
Role here
Other companies
Monica Jensen Hellmann
Deputy Member
0 companies
Frode Hellmann
Chairman
0 companies