HOLDBART AS
Score · fiscal year 2025
59of 100
How to read this: the company is ahead of 71 % of companies in the Morning class Large in the same sector in 2025. What does this mean?
Rank in the Morning class Large: 155 of 541 · What are Morning company classes?
Place in the whole sector: 7,555 of 23,065 · Handel
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 61 and solidity 53 out of 100 among companies in the Morning class Large in the same sector in 2025. Methodology
Against the sector
HOLDBART AS is 9 points above the median for companies in the Morning class Large in the same sector in 2025.
Median score 50 among 541 companies.
Against companies in the Morning class Large in the same sector in 2025: operating margin 4.1% (median 2.5%) and equity ratio 32.6% (median 30.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 739 MNOK | 1,119 MNOK |
| Operating margin | 4.1% | 2.5% |
| Profit margin | 3.9% | 2.5% |
| Return on assets | 10.6% | 10.2% |
| Equity ratio | 32.6% | 30.9% |
| Debt-to-equity | 2.07 | 2.23 |
| Current ratio | 1.19 | 1.30 |
| Revenue growth | 27.7% | 6.9% |
| Revenue per employee | 1.90 MNOK | 12.49 MNOK |
The median and “ahead of” refer to companies in the Morning class Large in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 59, HOLDBART AS does better than 71% of companies in the Morning class Large in the same sector (541 companies) in 2025.
Score 2023–2025
- HOLDBART AS
- Median: companies in the Morning class Large in the same sector
HOLDBART AS has a score of 59 for 2025, rank 7,555 of 23,065 in the sector.
Strongest: Growth: percentile 87 against peers, revenue growth 27.7% against a median of 6.9%. Profitability: percentile 61 against peers, operating margin 4.1% against a median of 2.5%.
Weakest: Liquidity: percentile 39 against peers, current ratio 1.19 against a median of 1.30.
Worth a closer look
- Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have? Based on: revenue growth 27.7% (median 6.9%); current ratio 1.19 (median 1.30).
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
HOLDBART AS had an operating margin of 4.1% and an equity ratio of 32.6% in 2025, and ranks 7,555 of 23,065 in Handel.
From 2024 to 2025: revenue grew by 28%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 125 MNOK and 251 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 247 MNOK |
| EV/EBIT | 8.0 | 251 MNOK |
| P/B | 1.0 | 125 MNOK |
A mechanical estimate from public accounts, not advice. Mechanical estimate from public accounts with fixed multiples. Not a valuation and not advice to buy or sell. The multiples are provisional default values and must be adjusted per sector before the figures are used for anything. See the calculation
Worth a closer look
- watch
Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?
Based on: Revenue growth 27.7% (median 6.9%); Current ratio 1.19 (median 1.30).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 4.5% of the debt in 2025. The policy rate averaged 4.30 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.
Data quality
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
We have no accounts for 2022, the sector's weakest year, for this company.
The sector's weakest year was 2022, with a median operating margin of 1.5%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 61 | weight 30% |
|---|---|---|
| Solidity | 53 | weight 25% |
| Liquidity | 39 | weight 15% |
| Growth | 87 | weight 15% |
| Consistency | 56 | weight 15% |
Durability: 52 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is HOLDBART AS?
The operating margin was 4.1% in 2025, against a median of 2.5% among companies in the Morning class Large in the same sector. Return on assets was 10.6%.
How solid is HOLDBART AS?
The equity ratio was 32.6% in 2025 (median 30.9%). Debt-to-equity was 2.07 (median 2.23).
What is the liquidity of HOLDBART AS like?
The current ratio was 1.19 in 2025 (median 1.30).
How does HOLDBART AS compare in Handel?
HOLDBART AS ranks 7,555 of 23,065 in Handel for 2025. Among companies in the Morning class Large it is number 155 of 541. Revenue changed by 27.7% from the year before.
From the Central Coordinating Register
- Org. no.
- 815664582
- Legal form
- AS
- Sector
- Handel (47.110)
- Morning company class
- Large
- Employees
- 389 registered 10 October 2026
- Founded
- 1 July 2015 11 years in operation
- Share capital
- 4.50 MNOK
- Business address
- Høgdaveien 1C, 1543 VESTBY
- Municipality
- Vestby rank 4 of 38 in KOSTRA group 7
- Latest accounts filed
- 2025
Source: Central Coordinating Register, Brønnøysund Register Centre. The employee count is reported by the company and may be older than the accounts. See the company at the Brønnøysund Register Centre
Ownership and roles
- Chief executive
- Trond Johannesen Laeng
- Chair of the board
- Tommy Korneliussen
- Board member
- Martin Gjølme
- Board member
- Hannah Gunvor Jacobsen
- Auditor
- CROWE PARTNER REVISJON AS
- Accountant
- LAENG BEDRIFTSERVICE AS
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
Owners and shareholdings will appear here once the shareholder data extract is in place.
Coming · not built yet
Error in the data?
Do you see an error in the figures or in how the company is mapped (sector, holding, group)? Let us know. Corrections require documentation.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 45 | 54 | 59 | |
| Rank | 12,322 | 9,650 | 7,555 | |
| Operating margin | 4.9% | 4.0% | 4.1% | |
| Return on assets | 9.4% | 9.9% | 10.6% | |
| Equity ratio | 34.0% | 30.0% | 32.6% | |
| Current ratio | 0.69 | 1.09 | 1.19 | |
| Revenue growth | – | 18.7% | 27.7% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 487.8 MNOK | 579.1 MNOK | 739.5 MNOK |
| Operating profit | 24.1 MNOK | 23.0 MNOK | 30.6 MNOK |
| Profit before tax | 20.2 MNOK | 26.3 MNOK | 29.1 MNOK |
| Net profit | 15.4 MNOK | 22.6 MNOK | 24.7 MNOK |
| Financial expenses | 4.1 MNOK | 6.8 MNOK | 11.6 MNOK |
| Total assets | 257.8 MNOK | 333.9 MNOK | 382.8 MNOK |
| Current assets | 84.4 MNOK | 127.1 MNOK | 162.8 MNOK |
| Equity | 87.7 MNOK | 100.1 MNOK | 124.9 MNOK |
| Retained earnings | 47.2 MNOK | 59.7 MNOK | 84.4 MNOK |
| Total liabilities | 170.1 MNOK | 233.8 MNOK | 258.0 MNOK |
| Current liabilities | 122.1 MNOK | 116.3 MNOK | 136.4 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7204624.
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