Nornir AS

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Nornir AS - overview

Established

2013

Location

Oslo, -, Norway

Primary Industry

Internet

About

Based in Oslo, Norway, and founded in 2013 by Paal Kristian Levang (CEO), Nornir AS operates as a networking company that engages in digital infrastructure and maintenance on network gateways, security, and domain administration. In December 2021, Nornir AS raised USD 30 million in venture funding from Global Emerging Markets. Nornir AS provides benefits for users such as removing third-party middleware; sharing data across domains, simplifying development by building advanced IoT (internet of things), merging platforms and architectures, and services such as data warehouses, analytics, and artificial intelligence can be integrated and added to the value chain, supports wireless technology, independent of protocols, and do not require any installations.


Current Investors

Global Emerging Markets

Primary Industry

Internet

Sub Industries

Domain & SEO Services

Website

www.nornir.io

Verticals

Artificial Intelligence, E-commerce, IoT (Internet of Things)

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

Nornir AS - timeline of key events

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Nornir AS - financials

Fiscal Year EndedDec 31, 2013Dec 31, 2014Dec 31, 2015Dec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)50,350809,08810,386,91180,400962,5701,058,4083,960434,6651,376,144---
% Revenue Growth (YoY)-1506.9%1183.8%(99.2%)1097.2%10.0%(99.6%)10876.4%216.6%---
EBITDA (USD)(3,503,724)(2,732,830)4,129,83912,357,333(4,458,565)(8,440,403)(4,484,416)(1,068,281)(1,156,082)---
Operating Income (USD)(3,505,958)(2,767,794)4,083,44512,301,329(4,488,430)(10,293,571)(5,719,875)(2,300,804)(2,393,874)---
Operating Margin(6963.2%)(342.1%)39.3%15300.2%(466.3%)(972.6%)(144441.3%)(529.3%)(174.0%)---
% EBITDA Margin(6958.7%)(337.8%)39.8%15369.8%(463.2%)(797.5%)(113242.8%)(245.8%)(84.0%)---
NET Income (USD)(3,505,925)(2,760,213)4,091,64311,129,746(4,360,779)(10,125,528)(6,646,069)(2,538,704)(2,491,417)---
% Net Margin(6963.1%)(341.2%)39.4%13843.0%(453.0%)(956.7%)(167830.0%)(584.1%)(181.0%)---

Nornir AS - employee data

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