Norian Regnskap AS
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Norian Regnskap AS - overview
Established
1998
Location
Oslo, -, Norway
Primary Industry
Outsourcing
About
Based in Norway, Norian Regnskap AS operates as a provider of accounting and payroll services, enhancing efficiency through innovative solutions tailored for small and medium-sized enterprises. Norian Regnskap AS, founded in 1998, is headquartered in Oslo, Norway. The company specializes in accounting and payroll services. In April 2021, ECIT AS acquired Norian Regnskap AS from Longship, with financial terms undisclosed.
Following this acquisition, the management team retained a stake in the company and is focused on employee development, automation, and customer experience. Norian Regnskap AS specializes in providing comprehensive accounting, payroll, and automation services aimed at enhancing efficiency and effectiveness in financial operations. The company’s core offerings enable businesses to streamline processes such as payroll management and accounting through innovative solutions that leverage advanced technologies, including artificial intelligence. Designed to cater primarily to small and medium-sized enterprises (SMEs), its services address critical challenges such as compliance with regulatory standards, accuracy in financial reporting, and timely payroll processing.
The company operates primarily in Nordic markets, serving clients across various industries including retail, manufacturing, and professional services, thereby facilitating better financial management and operational growth for its customers. In the most recent year, Norian Regnskap AS generated a revenue of USD 20. 52 mn and an EBITDA of USD 2. 30 mn.
In April 2021, ECIT AS acquired Norian Regnskap AS with plans to focus on enhancing employee experience, increasing automation, and improving customer service. The management will use part of the proceeds from the acquisition to reinvest in the business, supporting their strategy for future growth. The company is expected to maintain its commitment to developing new products aimed at increasing service efficiency and effectiveness, although specific upcoming launches and geographic expansion plans have not been detailed.
Current Investors
Icon Capital, ECIT Group
Primary Industry
Outsourcing
Sub Industries
BPO Services, Accounting Services
Website
www.norian.eu
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Norian Regnskap AS - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Norian Regnskap AS | - | ||||||||
| Buyout | Completed | Norian Regnskap AS | - |
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