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NORIKON AS
AS
Active
Org 980641104
Kvednaveien 8, 4331 Ålgård
Wholesale of household, office and shop furniture, carpets and lighting equipment · NACE 4647
Est. 1999
14 employees
www.norikon.no
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 62,7M
+7% vs 2023
EBITDA margin
16.5%
-6% vs 2023
Equity ratio
65.3%
Financial strength
Net profit 2024
NOK 7,2M
-11% vs 2023
EBITDA — year on year
NOK millions
14M
10M
7M
3M
0M
6M
2020
8M
+33%
2021
11M
+38%
2022
11M
0%
2023
10M
-9%
2024
Key figures
Annual report 2024
Revenue
NOK 62,7M
+7%
EBITDA
NOK 10,3M
-6%
Net profit
NOK 7,2M
-11%
Total assets
NOK 51,5M
+8%
Equity
NOK 33,6M
-2%
Employees
14
—
Company information
Legal name
NORIKON AS
Org number
980641104
Legal form
Aksjeselskap
NACE code
4647 · Wholesale of household, office and shop furniture, carpets and lighting equipment
Founded
10. mars 1999
Share capital
NOK 640 500
Employees
14 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Contact
Address
Kvednaveien 8, 4331 Ålgård
Phone
+4751612450
Email
kundeservice@norikon.no
Website
www.norikon.no
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Companies in Wholesale of household, office and shop furniture, carpets and lighting equipment
Companies in Gjesdal
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Revenue
NOK millions
0M
18M
36M
54M
72M
31M
2020
37M
2021
54M
2022
58M
2023
63M
2024
EBITDA
NOK millions
0M
3M
6M
9M
13M
6M
2020
8M
2021
11M
2022
11M
2023
10M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
30 835
36 707
53 550
58 340
62 697
Staff expenses
−5 301
−6 424
−8 258
−9 367
−10 820
EBITDA
6 060
7 683
11 293
11 008
10 334
Depreciation & amort.
−158
−285
−374
−659
−844
EBIT
5 903
7 397
10 918
10 349
9 489
Net financials
−141
67
−261
4
−188
Profit before tax
5 761
7 465
10 657
10 353
9 302
Tax
1 226
1 682
2 438
2 279
2 147
Net profit
4 536
5 783
8 220
8 074
7 154
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
27 552
35 661
44 619
47 845
51 512
Equity
18 416
24 199
29 419
34 493
33 648
Long-term debt
3 050
3 800
3 000
2 224
7 900
Short-term debt
6 085
7 661
12 200
11 128
9 964
Total debt
9 135
11 461
15 200
13 352
17 864
Financial ratios
5-year trend
EBITDA margin
16.5%
This company
15.8%
Market median
+4% vs market
2020
2024
Equity ratio
65.3%
This company
38.2%
Market median
+71% vs market
2020
2024
Return on equity
21.3%
This company
18.4%
Market median
+16% vs market
2020
2024
Net profit margin
11.4%
This company
8.1%
Market median
+41% vs market
2020
2024
Asset turnover
1.22×
This company
1.12×
Market median
+9% vs market
2020
2024
Debt / equity
0.53×
This company
0.62×
Market median
+15% 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 (2)
SE
Sølvi Egeland
Deputy Member
Deputy Member
2021
SS
Steinar Sandvik
Chief Executive Officer
Chief Executive Officer
2015
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
TK
Terje Kjetil Teige
Chairman
2021
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Kjetil Teige As
Company
100%
100%
2024
Scandic Holding As
Company
23.01%
23.01%
2023
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Company hierarchy
Scandic Holding As
NORIKON AS
(this company)
Board network connections
Board members of NORIKON AS also hold positions in
0
other companies.
Person
Role here
Other companies
Sølvi Egeland
Deputy Member
0 companies
Steinar Sandvik
Chief Executive Officer
0 companies
Terje Kjetil Teige
Chairman
0 companies