24Nettbutikk AS Due Diligence
Run due diligence on 24Nettbutikk AS: check compliance and get alerts when suppliers change.
Norway · www.24nettbutikk.no · 12 vendors
24Nettbutikk AS provides an e-commerce platform designed for Norwegian entrepreneurs and businesses to create and manage online stores. The platform offers a comprehensive solution including web hosting, integrated payment options like Klarna and Vipps, shipping agreements, and design tools. Their aim is to simplify online selling and support businesses in their e-commerce endeavors.
Resilience scores
- Digital Sovereignty: 17
- Digital Resilience: 5
- Financial Resilience: 6
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Services catalogue
1 service in catalogue across 1 category; runs on 12 sub-vendors.
- E-commerce Platform
Insights
Last updated 2026-07-18 · revision 6
12 direct vendors, 152 subvendors
Direct vendors by controlling owner country (sample)
- France: 1
- Canada: 1
- Sweden: 1
Subvendors by controlling owner country (sample)
- Czech Republic: 1
- Unknown: 1
- Brazil: 1
Compliance
8 in-scope frameworks identified; showing 3.
SOC 2 (source) — No public evidence
Evidence: https://www.24nettbutikk.no/personvernerklæring, https://www.aicpa-cima.com/resources/landing/soc-2-reporting-on-an-examination-of-controls-at-a-service-organization-relevant-to-security-availability-processing-integrity-confidentiality-or-privacy
Norwegian Personal Data Act — Evidence found
Evidence: https://lovdata.no/dokument/NL/lov/2018-06-15-38, https://www.datatilsynet.no/, https://www.24nettbutikk.no/personvernerklæring, https://www.datatilsynet.no/regelverk-og-verktoy/lover-og-regler/gdpr/
Norwegian Electronic Communications Act — No public evidence
Evidence: https://www.24nettbutikk.no/personvernerkl%C3%A6ring-cookies, https://lovdata.no/dokument/NL/lov/2003-07-04-83, https://www.datatilsynet.no/regelverk-og-verktoy/veiledere/informasjonskapsler/, https://www.nkom.no/internett/informasjonskapsler-cookies
Financials
Three-year financials
- 2024:
- 2023:
- 2022:
Financial Resilience Score: 6/10
24Nettbutikk AS demonstrates moderate financial resilience based on qualitative factors, though specific financial figures are not publicly available in this report. The company benefits from an ~18-20 year operating history, which significantly reduces early-stage business risk and suggests the presence of recurring SaaS revenue streams. Its diversified customer base of over 1,000 Norwegian merchants reduces single-customer concentration risk, and its deep integration ecosystem (Vipps, Klarna, Bring, PostNord, Tripletex) creates meaningful switching costs that support customer retention. However, the company faces several structural risks that limit its resilience score. As a Norway-only SaaS provider, it is fully exposed to Norwegian retail and e-commerce cycles, with no geographic diversification to buffer local downturns. Intense competition from global platforms like Shopify, WooCommerce, Wix, and Squarespace, as well as Nordic peers (Mystore, Askås, Jetshop, Centra), pressures both pricing and growth. The SMB customer base is inherently churn-prone, particularly given the wave of Norwegian retail bankruptcies in 2023-2024. Additionally, the ongoing platform re-write to '24Next' implies elevated R&D spending that could compress margins, and as a private AS likely funded internally, heavy investment cycles could pressure equity.
Key strengths: 18+ years of operating history reducing young-company risk, 1,000+ active merchants providing diversified recurring revenue, Deep local integration ecosystem (Vipps, Klarna, Bring, PostNord) creating switching costs, Local-language and local-payments moat vs. international competitors, Multiple ancillary revenue streams (shipping, design, training, marketing), Continued reinvestment in technology via new 24Next product
Risk factors: Revenue essentially Norway-only, exposing company to local retail cycles and NOK strength, Intense competition from Shopify, WooCommerce, Wix, Squarespace and Nordic peers, SMB customer base vulnerable to churn and bankruptcies in soft Norwegian consumer market, Platform re-write (24Next) implies elevated R&D spending compressing margins, Rørvik location limits engineering talent pool for scaling, Private AS with likely internal funding; heavy investment cycles could pressure equity
Revenue by geography
- Norway: 100%
Workforce by country
- Norway: 0
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