Liquidity
Strong2.05
How the figure is assessed
Current assets divided by current liabilities. Below 1.0 is weak, 1.0–1.5 needs attention and 1.5 or more is strong.
Org. no. 938 940 258 · Private limited company (AS) · Active · Ask, 2022, GJERDRUM · GJERDRUM · 46.460 – Wholesale of pharmaceutical goods
CODAN NORGE AS is a private limited company (as) registered in GJERDRUM since 1986. The organisation number is 938 940 258. The register lists 9 employees. The latest submitted annual accounts are for 2025.
Source: The Brønnøysund Register Centre · Last updated 15 November 2026 at 02:01
Quick overview
Based on the latest submitted annual accounts (2025) and registry data.
2.05
Current assets divided by current liabilities. Below 1.0 is weak, 1.0–1.5 needs attention and 1.5 or more is strong.
15.6 %
Operating profit divided by operating revenue. Below 0% is weak, 0–10% needs attention and 10% or more is strong.
53.5 %
Equity divided by assets. Below 10% is weak, 10–30% needs attention and 30% or more is strong.
Calculated by us
Based on status, solvency, liquidity, profitability, trend and how recent the accounts are. Public register data only.
This is an indicative assessment, not a credit rating. It does not replace your own due diligence before entering into an agreement.
Proffi+
Calculating …
Indicative model estimate based on public accounting figures and typical industry multiples. Not an appraisal, a valuation or investment advice.
Development
Revenue and profit
RevenueResult
Development
Solvency and profitability (%)
SolidityProfitability
Registry data
Addresses
Industry
Wholesale of pharmaceutical goods(main industry)
G Wholesale and retail trade › 46 Wholesale trade, except of motor vehicles and motorcycles › 46.4 Wholesale of household goods › 46.46 Wholesale of pharmaceutical goods
See the industry: largest companies and key figures →Inkluderer: Omfatter legemidler, sykehusutstyr og ortopediske artikler Ekskluderer: Engroshandel med slankemidler og helsekost grupperes under: 46.389 Engroshandel med spesialisert utvalg av nærings- og nytelsesmidler ikke nevnt annet sted
Institutional sector code: Private aksjeselskaper mv. (2100)
Produksjon samt engros- og agenturvirksomhet av utstyr innen helsesektoren, samt virksomhet for- bundet med dette. Selskapet kan ved deltagelse eller på annen måte gjøre seg interessert i andre foretagender.
Registry status
Experiences
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Financial overview
Fiscal year 2025 · Amounts in NOK
Data basis
3 stored years
2.05
Current assets divided by current liabilities. Below 1.0 is weak, 1.0–1.5 needs attention and 1.5 or more is strong.
15.6 %
Operating profit divided by operating revenue. Below 0% is weak, 0–10% needs attention and 10% or more is strong.
53.5 %
Equity divided by assets. Below 10% is weak, 10–30% needs attention and 30% or more is strong.
Only reported amounts from the Register of Company Accounts
| Accounting item | 2025 | 2024 | 2023 | Development |
|---|---|---|---|---|
| Operating revenue | 105,752,670 | 107,397,227 | 105,734,451 | |
| Operating profit | 16,525,648 | 10,651,038 | 3,492,395 | |
| Profit before tax | 17,060,634 | 10,935,522 | 3,425,735 | |
| Net result | 13,306,861 | 8,526,538 | 2,670,489 | |
| Total assets | 55,157,020 | 53,731,514 | 44,924,996 | |
| Equity | 29,523,900 | 29,217,039 | 30,690,501 | |
| Liabilities | 25,633,120 | 24,514,475 | 14,234,495 |
Graphical analysis
Amounts in NOK
Calculated by us, in percent
Balance sheet in NOK
Register of Company Accounts
Period 2025-01-01 to 2025-12-31. Currency NOK. Audited annual accounts.
| Total operating revenue | 105,752,670 NOK |
|---|---|
| Total operating expenses | 89,227,022 NOK |
| Operating profit | 16,525,648 NOK |
| Total financial income | 1,019,816 NOK |
| Total financial expenses | 484,830 NOK |
| Net financial items | 534,986 NOK |
| Profit before tax | 17,060,634 NOK |
| Net result | 13,306,861 NOK |
| Total fixed assets | 2,656,295 NOK |
|---|---|
| Total current assets | 52,500,725 NOK |
| Total assets | 55,157,020 NOK |
| Paid-in equity | 500,000 NOK |
|---|---|
| Retained earnings | 29,023,900 NOK |
| Total equity | 29,523,900 NOK |
| Current liabilities | 25,633,120 NOK |
| Total debt | 25,633,120 NOK |
| Total equity and liabilities | 55,157,020 NOK |
Register of Company Accounts
Period 2024-01-01 to 2024-12-31. Currency NOK. Audited annual accounts.
| Total operating revenue | 107,397,227 NOK |
|---|---|
| Total operating expenses | 96,746,189 NOK |
| Operating profit | 10,651,038 NOK |
| Total financial income | 566,891 NOK |
| Total financial expenses | 282,407 NOK |
| Net financial items | 284,484 NOK |
| Profit before tax | 10,935,522 NOK |
| Net result | 8,526,538 NOK |
| Total fixed assets | 2,885,239 NOK |
|---|---|
| Total current assets | 50,846,276 NOK |
| Total assets | 53,731,514 NOK |
| Paid-in equity | 500,000 NOK |
|---|---|
| Retained earnings | 28,717,039 NOK |
| Total equity | 29,217,039 NOK |
| Current liabilities | 24,514,475 NOK |
| Long-term liabilities | 0 NOK |
| Total debt | 24,514,475 NOK |
| Total equity and liabilities | 53,731,514 NOK |
Register of Company Accounts
Period 2023-01-01 to 2023-12-31. Currency NOK. Audited annual accounts.
| Total operating revenue | 105,734,451 NOK |
|---|---|
| Total operating expenses | 102,242,056 NOK |
| Operating profit | 3,492,395 NOK |
| Total financial income | 584,813 NOK |
| Total financial expenses | 651,474 NOK |
| Net financial items | -66,660 NOK |
| Profit before tax | 3,425,735 NOK |
| Net result | 2,670,489 NOK |
| Total fixed assets | 4,219,425 NOK |
|---|---|
| Total current assets | 40,705,572 NOK |
| Total assets | 44,924,996 NOK |
| Paid-in equity | 500,000 NOK |
|---|---|
| Retained earnings | 30,190,501 NOK |
| Total equity | 30,690,501 NOK |
| Current liabilities | 14,234,495 NOK |
| Long-term liabilities | 0 NOK |
| Total debt | 14,234,495 NOK |
| Total equity and liabilities | 44,924,996 NOK |
Source: Register of Company Accounts, Brønnøysund Register Centre. Figures are shown as submitted, and historical years are never overwritten by newer submissions.
Calculated by us
| Key figures | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue growthChange in total operating revenue from the previous fiscal year. | -1.5 % | 1.6 % | – |
| Operating marginOperating profit divided by total operating revenue. | 15.6 % | 9.9 % | 3.3 % |
| Profit marginOrdinary profit before tax divided by total operating revenue. | 16.1 % | 10.2 % | 3.2 % |
| Equity ratioTotal equity divided by total assets. | 53.5 % | 54.4 % | 68.3 % |
| Current ratioTotal current assets divided by total current liabilities. | 2.05 | 2.07 | 2.86 |
| Debt ratioTotal liabilities divided by total equity. | 0.87 | 0.84 | 0.46 |
| Return on assetsOrdinary profit before tax plus financial expenses, divided by total assets. | 31.8 % | 20.9 % | 9.1 % |
| Return on equityNet profit divided by total equity. | 45.1 % | 29.2 % | 8.7 % |
About the calculation
The key figures are calculated by us (formula version v1) from public accounts in the Register of Company Accounts. A figure is only calculated when all input values exist and the denominator is not zero. The figures are not a credit assessment.
Registry data
Source: The Brønnøysund Register Centre. We only show name and role as published by the register – never date of birth or private address.
Structure
Overview
CODAN NORGE AS
GJERDRUM · 9 employees
Registry data
| Name | Org. no. | Place | Employees |
|---|---|---|---|
| CODAN NORGE ASWholesale of pharmaceutical goods | 972 064 718 | GJERDRUM | 9 |
This has not been registered yet. We never show made-up information.
Services and products
The company has not added any services yet.
Public approvals
Not in the Norwegian Building Authority's central approval register.
Public contracts
No notices found in TED where the company is a supplier or contracting authority.
Registered changes
We show changes from the Brønnøysund Register Centre's change log from the next registered change.
Documents
Certificates of registration and other documents require a separate agreement with a document provider.
Transparency
Company information
Brønnøysund Register Centre · Public register
Last retrieved 15 November 2026 at 02:01
Open official sourceRoles
Brønnøysund Register Centre · Public register
Last retrieved 15 November 2026 at 02:01
Open official sourceAccounts and key figures
Register of Company Accounts · Public register
Last retrieved 15 November 2026 at 02:01
Open official sourceAddress (verified)
Norwegian Mapping Authority – Geonorge address API · Public register
Last retrieved 15 November 2026 at 02:01
Open official sourceCentral approval
Norwegian Building Authority (DiBK) · No approval found
Last retrieved 15 November 2026 at 02:01
Open official sourceIndustry standard (SN2007)
Statistics Norway – KLASS · Official standard
Last retrieved 15 November 2026 at 02:01
Open official sourcePublic registry data is updated periodically and cannot be changed by the company. Calculated figures are marked “Calculated by us”.
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Public registry fields on this page come from the Central Coordinating Register and cannot be changed by the company. Self-reported content is marked separately.
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