Norse Brands Private Limited
About Norse Brands Private Limited
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Norse Brands Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the furniture retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 12 June 2023.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74101MH2023PTC404903.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹50 Lakh. It is led by directors including Henrik Haagen (Non- Individual Subscriber) and Balasubramanian Venkatesan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.35 Cr, a growth of 38% compared to the previous year. For the same year it recorded a net loss of ₹13.49 Lakh (net margin -10%) and EBITDA of -₹17.65 Lakh (EBITDA margin -13.1%).
Company details
Contact details
Norse Brands Private Limited's registered office is in Mumbai, Maharashtra.
- Registered Address51 5th Floor Regency Chambers, National Library Road, Mumbai, Maharashtra, India – 400050
- IndustryConsumer Electronics & Durables, Furniture Retail & Distribution
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Norse Brands is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Norse Brands Private Limited, buy the company report.
Financials of Norse Brands Private Limited
FY 2025 filings availableNorse Brands Private Limited reported revenue of ₹1.35 Cr (up 38% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 38% in the latest year. EBITDA fell 116% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹17.65 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹13.49 Lakh | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -13.1% | |
| Net Profit Margin | -10% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
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| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
| Payable Days | ||
| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Norse Brands Private Limited, buy the company report.
Board of directors of Norse Brands Private Limited
Norse Brands has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinod Gangadharan Nambiar Also directs: Balion Greens Private Limited, Balion Agrofoods Private Limited | Additional Director | 28 Nov 2024 | 1 Years 11 Months | Current |
| Henrik Haagen Also directs: Balion Greens Private Limited, Balion Agrofoods Private Limited | Non- Individual Subscriber | 12 Jun 2023 | 3 Years 4 Months | Current |
| Balasubramanian Venkatesan Also directs: Balion Greens Private Limited, Balion Agrofoods Private Limited | Director | 12 Jun 2023 | 3 Years 4 Months | Current |
| Sivaramakrishnan Srinivasan Iyer Also directs: Berjis Desai Capital Advisor LLP, Berjis Desai Iconic Brands LLP, Aptech Limited and 3 more | Director | 12 Jun 2023 | 3 Years 4 Months | Current |
| Arti Sudhir Gudal Also directs: Final Coast Private Limited | Director | 12 Jun 2023 | 3 Years 4 Months | Current |
Legal cases
No court or tribunal cases involving Norse Brands Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Norse Brands Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Norse Brands Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Norse Brands Private Limited has 5 board changes on record since 2023: 5 appointments. The latest: Vinod Gangadharan Nambiar was appointed as Additional Director on 28 Nov 2024.
Frequently asked questions
Norse Brands is an active private limited company based in Mumbai, Maharashtra, India. The company works in furniture retail and distribution, within the consumer electronics and durables industry. It was incorporated on 12 June 2023 (3+ years old) and is registered under CIN U74101MH2023PTC404903.
Norse Brands has 5 current directors:
- Vinod Gangadharan Nambiar - Additional Director
- Balasubramanian Venkatesan - Director
- Sivaramakrishnan Srinivasan Iyer - Director
- Arti Sudhir Gudal - Director
- Henrik Haagen - Non- Individual Subscriber
The latest financial statements of Norse Brands on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2024 are in the company report.
The CIN (Corporate Identification Number) of Norse Brands is U74101MH2023PTC404903. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Norse Brands was incorporated on 12 June 2023, making it 3+ years old. It is registered with the Registrar of Companies, Mumbai.
Vinod Gangadharan Nambiar was appointed as Additional Director on 28 Nov 2024. Arti Sudhir Gudal was appointed as Director on 12 Jun 2023. Balasubramanian Venkatesan was appointed as Director on 12 Jun 2023. Norse Brands has 5 board changes on record in total.
The registered office of Norse Brands is at 51 5th Floor Regency Chambers, National Library Road, Mumbai, Maharashtra, India – 400050.
Norse Brands operates in the consumer electronics and durables industry, in the furniture retail and distribution segment.
Norse Brands can be reached at its registered office: 51 5th Floor Regency Chambers, National Library Road, Mumbai, Maharashtra, India – 400050.
Norse Brands is registered under the jurisdiction of the Registrar of Companies (ROC), Mumbai.
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