Holdbart AS

Org. no. 815664582 · Vestby · Founded 2015 · 389 employees

Score · fiscal year 2024

54of 100

How to read this: the company is ahead of 60 % of companies in the Morning class Large in the same sector in 2024. What does this mean?

Rank in the Morning class Large: 198 of 499 · What are Morning company classes?
Place in the whole sector: 9,643 of 22,333 · Handel

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 57 and solidity 52 out of 100 among companies in the Morning class Large in the same sector in 2024. Methodology

Against the sector

Holdbart AS is 4 points above the median for companies in the Morning class Large in the same sector in 2024.

Median score 50 among 499 companies.

Against companies in the Morning class Large in the same sector in 2024: operating margin 4.0% (median 2.5%) and equity ratio 30.0% (median 28.8%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue579 MNOK1,161 MNOK
Operating margin 4.0% 2.5% 65 %
Profit margin 4.5% 2.6% shown, not part of the index
Return on assets 9.9% 10.1% 49 %
Equity ratio 30.0% 28.8% 52 %
Debt-to-equity 2.33 2.43 52 %
Current ratio 1.09 1.26 30 %
Revenue growth 18.7% 4.6% 84 %
Revenue per employee1.49 MNOK11.19 MNOK

The median and “ahead of” refer to companies in the Morning class Large in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 54, Holdbart AS does better than 60% of companies in the Morning class Large in the same sector (499 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Holdbart AS
  • Median: companies in the Morning class Large in the same sector
Analysis · 2024

What the numbers say

Holdbart AS had an operating margin of 4.0% and an equity ratio of 30.0% in 2024, and ranks 9,643 of 22,333 in Handel.

From 2023 to 2024: revenue grew by 19%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 71 MNOK and 226 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 22.6 MNOK 10.0 226 MNOK
EV/EBIT Operating profit: 23.0 MNOK
minus net debt 112.6 MNOK
8.0 71 MNOK
P/B Equity: 100.1 MNOK 1.0 100 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

Indications · 2024

Worth a closer look

No rules were triggered for this year.

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 2.9% of the debt in 2024. The policy rate averaged 4.50 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.

See interest rates, prices and exchange rates for the sector

Data quality

No anomalies found in the figures.

Stress test · 2022

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

Components · 2024

What the score is made of

Profitability57 weight 30%
Solidity52 weight 25%
Liquidity30 weight 15%
Growth84 weight 15%
Consistency45 weight 15%

Durability: 49 (average over 2 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2024

Questions and answers

How profitable is Holdbart AS?

The operating margin was 4.0% in 2024, against a median of 2.5% among companies in the Morning class Large in the same sector. Return on assets was 9.9%.

How solid is Holdbart AS?

The equity ratio was 30.0% in 2024 (median 28.8%). Debt-to-equity was 2.33 (median 2.43).

What is the liquidity of Holdbart AS like?

The current ratio was 1.09 in 2024 (median 1.26).

How does Holdbart AS compare in Handel?

Holdbart AS ranks 9,643 of 22,333 in Handel for 2024. Among companies in the Morning class Large it is number 198 of 499. Revenue changed by 18.7% 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.

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index455459
Rank12,3119,6437,553
Operating margin4.9%4.0%4.1%
Return on assets9.4%9.9%10.6%
Equity ratio34.0%30.0%32.6%
Current ratio0.691.091.19
Revenue growth–18.7%27.7%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure202320242025
Operating revenue487.8 MNOK579.1 MNOK739.5 MNOK
Operating profit24.1 MNOK23.0 MNOK30.6 MNOK
Profit before tax20.2 MNOK26.3 MNOK29.1 MNOK
Net profit15.4 MNOK22.6 MNOK24.7 MNOK
Financial expenses4.1 MNOK6.8 MNOK11.6 MNOK
Total assets257.8 MNOK333.9 MNOK382.8 MNOK
Current assets84.4 MNOK127.1 MNOK162.8 MNOK
Equity87.7 MNOK100.1 MNOK124.9 MNOK
Retained earnings47.2 MNOK59.7 MNOK84.4 MNOK
Total liabilities170.1 MNOK233.8 MNOK258.0 MNOK
Current liabilities122.1 MNOK116.3 MNOK136.4 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6076715.

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