Nergård AS
ASActiveOrg 965618910Strandtorget 3, 9008 TromsøProcessing and preserving of fish, crustaceans and molluscs· NACE 1020Est. 1992 · 33 years old20 employees
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Overview
Nergård AS is a Norwegian AS based in Tromsø, operating in the Processing and preserving of fish, crustaceans and molluscs sector. Incorporated in 1992, the company has 20 employees and reported revenue of NOK 35.9m in its latest annual filing.
Revenue 2025
0B NOK
−5% vs 2024
EBITDA margin
−28.6 %
+15% vs 2024
Net profit 2025
0B NOK
-39% vs 2024
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
62.3 %
StrongAmong the 40% highest rated companies in the industry
20212025
Liquidity ratioCurrent assets ÷ Short-term debt
4.7×
Very strongAmong the 20% highest rated companies in the industry
20212025
Return on assets (ROA)Net profit ÷ Total assets × 100
0.9 %
AverageAround the average of companies in the same industry
20212025
EBITDA — year on year
NOK millionsKey figures
Annual report 2025| Revenue | 0B NOK | -5% |
| EBITDA | -0B NOK | +15% |
| Net profit | 0B NOK | -39% |
| Total assets | 2.7B NOK | +1% |
| Equity | 1.7B NOK | -1% |
| Employees | 20 | — |
Company information
Legal name
NERGÅRD AS
Org number
965618910
Legal form
Aksjeselskap
NACE code
Founded
18 December 1992 · 33 years
Share capital
NOK 8,313,000
Employees
20 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap. Styrets leder alene.
Company purpose
Morselskap i nergård-konsernet, engasjere seg som eier i tilknyttede eller andre næringsvirksomheter med økonomisk formål samt ivareta forvaltning av selskapets og konsernets materielle og finansielle ressurser, samt yte administrative tjenester, herunder økonomi, regnskap, it og hr. Selskapet kan kjøpe og selge aksjer og andeler, og ellers drive med innlån og utlån av penger, særlig til konsernselskaper. Selskapet kan også drive med kjøp og salg av fisk og fiskeriprodukter, fast eiendom og andre aktiva som selskapet og konsernet eier. Selskapet kan også utøve virksomhet som står i naturlig tilknytning til dette.
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Address
Strandtorget 3, 9008 Tromsø
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Financial development
In its most recent annual report (2025), Nergård AS reported revenue of NOK 35.9m, a decrease of 5% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net profit of NOK 24.1m, and the EBITDA margin stood at -28.6%.
At the end of 2025, equity financed 62.3% of the balance sheet, and current assets covered short-term debt 4.7 times.
Financials
Revenue
NOK millionsEBITDA
NOK millionsIncome statement
NOK thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 35,937 | 37,853 | 36,784 | 19,847 | 14,835 |
| Staff expenses | -30,225 | -35,332 | -31,636 | -23,951 | -20,890 |
| EBITDA | -10,293 | -12,046 | -9,534 | -20,254 | -24,591 |
| Depreciation & amort. | -1,616 | -1,407 | -1,363 | -886 | -531 |
| EBIT | -11,909 | -13,454 | -10,897 | -21,140 | -25,121 |
| Net financials | 38,521 | 56,874 | -9,266 | 82,669 | 100,955 |
| Profit before tax | 26,613 | 43,420 | -20,163 | 61,529 | 75,833 |
| Tax | 2,475 | 4,114 | -6,649 | 1,902 | 5,433 |
| Net profit | 24,137 | 39,305 | -13,514 | 59,627 | 70,400 |
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Balance sheet
NOK thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 2,725,061 | 2,685,786 | 2,588,341 | 2,689,841 | 2,893,245 |
| Equity | 1,698,947 | 1,724,810 | 1,735,504 | 1,779,018 | 1,799,391 |
| Long-term debt | 917,612 | 916,178 | 837,333 | 724,540 | 860,758 |
| Short-term debt | 101,248 | 41,695 | 13,101 | 184,272 | 233,096 |
| Total debt | 1,022,487 | 957,873 | 850,434 | 908,812 | 1,093,854 |
Financial ratios
5-year trendEBITDA margin
-28.6 %
20212025
Equity ratio
62.3 %
StrongAmong the 40% highest rated companies in the industry
20212025
Return on equity
1.4 %
WeakAmong the 40% lowest rated companies in the industry
20212025
Net profit margin
67.2 %
Very strongAmong the 10% highest rated companies in the industry
20212025
Asset turnover
0.01×
WeakAmong the 30% lowest rated companies in the industry
20212025
Debt / equity
0.60×
StrongAmong the 40% highest rated companies in the industry
20212025
Sector performance
28 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginVery strong
Among the 20% highest rated companies in the industry
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginVery weak
Among the 20% lowest rated companies in the industry
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginVery strong
Among the 10% highest rated companies in the industry
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on equity (ROE)Weak
Among the 40% lowest rated companies in the industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Average
Around the average of companies in the same industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Weak
Among the 40% lowest rated companies in the industry
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Basic earning power (BEP)Weak
Among the 40% lowest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioWeak
Among the 40% lowest rated companies in the industry
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Liquidity
Current ratioVery strong
Among the 20% highest rated companies in the industry
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Quick ratioVery strong
Among the 20% highest rated companies in the industry
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash ratioVery strong
Among the 20% highest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityVery strong
Among the 20% highest rated companies in the industry
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets to long-term capitalWeak
Among the 40% lowest rated companies in the industry
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Cash conversion ratioVery weak
Among the 10% lowest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioStrong
Among the 40% highest rated companies in the industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioStrong
Among the 40% highest rated companies in the industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityStrong
Among the 40% highest rated companies in the industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityAverage
Around the average of companies in the same industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtAverage
Around the average of companies in the same industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtWeak
Among the 40% lowest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageWeak
Among the 40% lowest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtVery weak
Among the 20% lowest rated companies in the industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginWeak
Among the 40% lowest rated companies in the industry
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Efficiency & development
Asset turnoverWeak
Among the 30% lowest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Inventory turnoverVery weak
Among the 10% lowest rated companies in the industry
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
Equity to contributed capitalVery strong
Among the 10% highest rated companies in the industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in equityWeak
Among the 40% lowest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtAverage
Around the average of companies in the same industry
The size of this year's increase or decrease in the company's debt.
Annual reports & filings
- Annual report 2025Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
JM Deputy Member | Deputy Member | 2025 |
BT Deputy Member | Deputy Member | 2025 |
TT Chief Executive Officer | Chief Executive Officer | 2018 |
Former (1)
HG Deputy Member | Deputy Member | 2025 – 2025 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (5) | ||
JI Board of Directors | Board of Directors | 2025 |
LB Board of Directors | Board of Directors | 2025 |
PM Chairman | Chairman | 2019 |
HB Board of Directors | Board of Directors | 2025 |
BT Board of Directors | Board of Directors | 2019 |
Former (3)
JM Board of Directors | Board of Directors | 2019 – 2025 |
HG Board of Directors | Board of Directors | 2022 – 2025 |
BT Board of Directors | Board of Directors | 2019 – 2025 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 43.46% | 43.46% | 2022 | |
| Company | 39.9% | 39.9% | 2020 | |
| Company | 16.64% | 16.64% | 2020 | |
| Company | 43.46% | 43.46% | 2020 |
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Company hierarchy
Nergård AS (this company)
Lofoten Viking As52.2662% ownedVærøy Fryselager AS80.9061% ownedLofoten Biomarine AS100% ownedVærøy Isanlegg As33.8805% ownedGlobal Sildeinvest As49.0099% ownedByggtorget Værøy As33.0435% ownedVærøy Bunker As50% ownedNedre Tyvnes 15 AS100% ownedTørrfisk Fra Lofoten As8.6957% ownedKime Akva As7.8979% ownedSufi As44.9945% ownedSifjord Handel AS5.16% ownedBoard network connections
Board members of Nergård AS also hold positions in 118 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Tommy Torvanger | Chief Executive Officer | 41 companiesMany roles |
| Jon Ingi Björnsson | Board of Directors | 21 companiesMany roles |
| Jens Morten Løken | Deputy Member | 19 companiesMany roles |
| Per Magne Grøndahl | Chairman | 17 companiesMany roles |
| Bjarte Tunold | Board of Directors | 11 companiesMany roles |
| Liv Bortne Ulriksen | Board of Directors | 4 companies |
| Baldvin Thorsteinsson | Deputy Member | 3 companies |
| Hedvig Bugge Reiersen | Board of Directors | 2 companies |
Frequently asked questions
What is the Org number of Nergård AS?
Nergård AS is registered with Brønnøysundsregistrene under Org 965618910.
What is the revenue of Nergård AS?
Nergård AS reported revenue of NOK 35.9m in 2025.
How many employees does Nergård AS have?
Nergård AS employs 20 people as of the latest annual report.
Who is the CEO of Nergård AS?
Tommy Torvanger is the CEO of Nergård AS, in role since 2018.
Who is the chairman of Nergård AS?
Per Magne Grøndahl chairs the board of Nergård AS, in role since 2019.
Where is Nergård AS headquartered?
Nergård AS's registered address is Strandtorget 3.