Nordgard
About Nordgard
Nordgard is a coworking space located in Groningen, catering to entrepreneurs and professionals. It offers flexible workspaces equipped with office facilities and the comfort of home. The space is designed for makers and specialists, providing amenities such as fiber optic internet, meeting rooms, and a fully equipped kitchen. Members can choose between fixed and flex desk options, allowing for 24/7 access and additional features like coffee and tea included in the membership.
Nordgard is a small, paying-customer coworking business: it reported $613 in the last 30 days and a recurring base of $2,464, and has been operating since mid-2022. That combination — an active MRR with observable month revenue — shows there is demand and some subscription/booked-stay model in place.
The short-term signal is concerning: the last 30-day growth is -1%, which suggests recent lost momentum (fewer bookings, increased churn, or seasonality). Given the modest scale of recent revenue, the business will be sensitive to occupancy swings and local market dynamics in the Netherlands. For the founder, the immediate priorities are stabilizing bookings and improving retention; for someone evaluating the opportunity, the main question is whether the negative growth is temporary or structural.
— Strengths
— What to watch
◆ Best suited for
A judgment from project data — not a user review.
