NMB

What NMB does

NMB (Nemendafélag Menntaskóla Borgarfjarðar) is the official student association of Menntaskóli Borgarfjarðar, an upper-secondary school located at Borgarbraut 54, Borgarnes, Iceland. Founded in 2007 alongside the school itself, NMB is governed by a five-member elected student board (chairperson, secretary, treasurer, entertainment coordinator, and first-year representative) operating under a formal constitution (Lög NMB). The organization's sole product surface is community-based: it organizes social events (open houses, sports days, annual celebrations), runs committees including the drama club Kopar, the school newspaper Egla, the Skemmtinefnd entertainment committee, and a quiz team, and coordinates an annual charity week. Membership is automatic for any registered student who pays the per-semester fee set by the board in consultation with the school committee, and members receive an association ID card plus discounted event entry. Revenue consists entirely of these membership fees; no commercial products, services, grants, or third-party funding are involved. The organization has no technology platform beyond a WordPress website (nmb.is) and social media accounts on Instagram and TikTok used for student communications.

Name

NMB

Legal name

Nemendafélag Menntaskóla Borgarfjarðar

Website

https://nmb.is

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

1–10 employees

Short description

NMB (Nemendafélag Menntaskóla Borgarfjarðar) is the official student association of Menntaskóli Borgarfjarðar, a high school in Borgarnes, Iceland. It organizes social events, clubs, and a school newspaper, funded solely by per-semester student membership fees, serving all enrolled students of the school.

Ownership category

akta.pro rank

Product category

Student Association Services

NAICS

Civic and Social Organizations (813410)

SIC

Services-Membership Organizations (8600)

akta.pro primary industry

Student Organizations & Club Administration (EDALAHAB)

Keywords

• Student union services
• School representation
• Student activities
• Cultural events
• Student newspaper

Headquarters

HQ city

Kópavogur

HQ country

Iceland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Membership fees (Félagsgjöld): NMB collects membership fees from students enrolled at Menntaskóli Borgarfjarðar. The fees are determined each semester by the board in consultation with the school committee. Fee collection follows the same process as other school fees. Revenue is used exclusively for association activities under the school banner. Students who have paid membership fees receive a student association ID card and pay lower entrance fees to events compared to non-members.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

NMB (Nemendafélag Menntaskóla Borgarfjarðar) is the official student association for Menntaskóli Borgarfjarðar, a high school in Borgarnes, Iceland. Founded in 2007, it represents students, organizes social and cultural events, runs charity initiatives, and oversees clubs and committees including a school newspaper (Egla), a drama club (Kopar), a quiz team, and an entertainment committee.

Product overview

NMB (Nemendafélag Menntaskóla Borgarfjarðar) is a student council/association for Menntaskóli Borgarfjarðar, a high school in Borgarnes, Iceland. The organization operates a WordPress-based website (nmb.is) that serves as its primary platform for communicating with students, publishing news, managing event information, and displaying photo galleries. The organization also publishes the school newspaper 'Egla' (Skólablaðið Egla), which has transitioned from a print format to a digital website format. NMB coordinates various student clubs including Leikfélag (theater group, also called Kopar), Getspekifélag (quiz competition team), and others. The organization does not offer technology products or services in the traditional sense; its activities are focused on student governance, social events, and school community building.

Differentiator

Problem solved

Functional benefit

Brands

• Kopar: Theater group (Leikfélag NMB) formerly known as Leikfélag NMB, now renamed to Kopar.
• Egla

Products and services

• Student Membership Membership in the official student association of Menntaskóli Borgarfjarðar, providing representation, access to events, and participation in clubs and committees for enrolled students.
• Skólablaðið Egla (School Newspaper Egla) School newspaper published under the student association, produced by and for students of Menntaskóli Borgarfjarðar.
• Leikfélagið Kopar (Drama Club) Drama club organized under NMB for students interested in theatrical performance and production.
• Quiz Team Student quiz team organized under NMB for students interested in competitive quiz activities.
• Skemmtinefnd (Entertainment Committee Events) Committee that plans and runs entertainment and social events for the student body throughout the school year.

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered minor and core.

• LíflandminorOthers · 18 December 2025Local business that donated prizes to NMB's Christmas Bingo fundraiser for the graduating class trip.
• TækniborgminorOthers · 18 December 2025Technology store that donated prizes to Christmas Bingo fundraiser.
• HúsasmiðjanminorOthers · 18 December 2025Hardware store that donated prizes to Christmas Bingo fundraiser.
• GrillhúsiðminorOthers · 18 December 2025Restaurant that donated prizes to Christmas Bingo fundraiser.
• LyfjaminorOthers · 18 December 2025Pharmacy that donated prizes to Christmas Bingo fundraiser.
• NettóminorOthers · 18 December 2025Supermarket chain that donated prizes to Christmas Bingo fundraiser.
• SorgarmiðstöðincoreOthers · 18 December 2025Charity organization that NMB supports through its annual charity week fundraising. In 2026, NMB raised money for Sorgarmiðstöðin (Grief Center).

Scale indicators3 records

Recent moves4 records

Expansion highlights2 records

Direct peers

• Nemendafélag Verslunarskóla Íslands: Student union at Iceland's commerce secondary school in Reykjavík. Directly comparable as a peer school student association running social events, committees, and member services under the same national upper-secondary framework as NMB.
• Nemendafélag Fjölbrautaskólans við Ármúla (NFA): Student association at Fjölbrautaskólinn við Ármúla, a large comprehensive secondary school in Reykjavík. Directly comparable to NMB as a school-based student body organizing entertainment, clubs, and student advocacy within the Icelandic upper secondary system.
• Nemendafélag Menntaskólans í Reykjavík (NMR): Iceland's largest upper-secondary student union, based at Reykjavík's Menntaskólinn í Reykjavík. Directly comparable to NMB as a school-affiliated student association providing social events, representation, clubs, and member services — but operating at a substantially larger scale in the capital.
• Nemendafélag Menntaskólans í Kópavogi (NMK): Student union at Menntaskólinn í Kópavogi. Directly comparable to NMB in function and structure as a school-affiliated student body governing social events, clubs, and member representation at an Icelandic upper secondary school.
• Nemendafélag Fjölbrautaskóla Suðurnesja: Student body at Fjölbrautaskóli Suðurnesja on the Reykjanes peninsula. Comparable to NMB as a regional Icelandic upper-secondary student union with similar event, club, and member-service functions, though operating in a different geographic catchment.
• Nemendafélag Menntaskólans á Akureyri (NMA): Student union at Menntaskólinn á Akureyri, the northern regional upper secondary school. Same structural model as NMB — school-affiliated student association running events, clubs, and student representation — making it one of the closest direct comparables outside the capital region.

Broad incumbents

• Stúdentaráð Háskóla Íslands: The student council at the University of Iceland. Comparable in mission and structure to NMB — student representation, social events, advocacy, and member services — but operating at the university rather than upper-secondary level.
• Samband íslenskra nemendafélaga (SÍN): The national umbrella association of Icelandic upper-secondary student unions, of which NMB and its peers are members. Comparable as the overarching body coordinating advocacy, events, and shared services across all school-level student associations including NMB.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights6 records

Customer concentration

• Instagraminstagram.com/thenmb
• TikToktiktok.com/@theofficialnmb

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds2 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NMB