BIZTRAC BETA
COMPANY REGISTER PROFILE
929393740 ORG. NO. 2025 ACCOUNTS 7 SECTIONS
Active UPDATED 02.09.2026
Wholesale of clothing and footwear

NOR DEVELOPMENT GROUP AS

Org. no. 929393740 Limited company (AS) Nordre Follo Incorporated 2022 Active
Ownership graph ↗
Revenue 2025 NOK 50.2m
Operating profit NOK −7.5m
Equity NOK 83.4m
Incorporated 2022
Employees 17
Share capital NOK 4.0m

Signals

1 flags
  • Driftsunderskudd 2025 Siste driftsresultat er negativt (−7,5 mill kr).

NOR DEVELOPMENT GROUP AS is registered as a limited company in Nordre Follo, Akershus with organisation number 929393740. The business is classified under wholesale of clothing and footwear (NACE 46.420). The company was incorporated in 2022 and has 17 registered employees. Registered share capital is NOK 4.0m, divided into 100 shares. The company's stated purpose is: “Handels- og konsulentvirksomhet herunder rådgivning og deltakelse i andre virksomheter.”. The most recent filed accounts, for the 2025 financial year, show NOK 50.2m in revenue and NOK −7.5m in operating profit.

Key figures · 2025

Revenue
NOK 50.2m
▲ +17 %
Operating profit
NOK −7.5m
▲ +7 %
Equity
NOK 83.4m
▲ +40 %
Est. value
NOK 130.5m

Financial health · 2025

Liquidity
1.31
Satisfactory
Current assets ÷ current liabilities
Profitability
26.6%
Very good
Return on total assets
Solidity
90.3%
Very good
Equity as a share of total capital

Who owns NOR DEVELOPMENT GROUP AS?

NOR DEVELOPMENT GROUP AS
NOK 50.2m rev. · NOK −7.5m profit

NOR DEVELOPMENT GROUP AS has 1 registered shareholder:

All shareholders and roles →

Which companies does NOR DEVELOPMENT GROUP AS own?

NOR DEVELOPMENT GROUP AS holds stakes in 3 companies:

See the full ownership structure →

Frequently asked questions about NOR DEVELOPMENT GROUP AS

Who owns NOR DEVELOPMENT GROUP AS?

NFM GROUP AS is the largest registered owner, with 100.0%.

What is the revenue of NOR DEVELOPMENT GROUP AS?

NOR DEVELOPMENT GROUP AS had revenue of NOK 50.2m in 2025.

Who is the general manager of NOR DEVELOPMENT GROUP AS?

Jon Gultvedt is registered as general manager of NOR DEVELOPMENT GROUP AS.

Where is NOR DEVELOPMENT GROUP AS based?

NOR DEVELOPMENT GROUP AS has its business address in Ski.

Property

Business address Glynitveien 15, 1400 Ski
Cadastral unit 3207-141/109/0/0

8 companies are registered at this address.

The address this company is registered at, from the company register and matched against the cadastre. It does not say who owns the property — a company may be a tenant, and the address is often its accountant's. Source: Brønnøysundregistrene and © Kartverket.

Source: Biztrac.no · Data from the Brønnøysund Register Centre and the Norwegian Tax Administration · Last updated 02.09.2026.

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