Heli Team AS
Score · fiscal year 2025
84of 100
How to read this: the company is ahead of 99 % of companies in the Morning class Medium in the same sector in 2025. What does this mean?
Rank in the Morning class Medium: 7 of 474 · What are Morning company classes?
Place in the whole sector: 24 of 1,660 · Transport og lagring
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 90 and solidity 89 out of 100 among companies in the Morning class Medium in the same sector in 2025. Methodology
Against the sector
Heli Team AS is 34 points above the median for companies in the Morning class Medium in the same sector in 2025.
Median score 50 among 474 companies.
Against companies in the Morning class Medium in the same sector in 2025: operating margin 26.9% (median 3.7%) and equity ratio 60.0% (median 27.7%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 95 MNOK | 104 MNOK |
| Operating margin | 26.9% | 3.7% |
| Profit margin | 24.6% | 3.4% |
| Return on assets | 21.3% | 8.8% |
| Equity ratio | 60.0% | 27.7% |
| Debt-to-equity | 0.67 | 2.44 |
| Current ratio | 2.36 | 1.27 |
| Revenue growth | 37.6% | 8.4% |
| Revenue per employee | 3.52 MNOK | 2.01 MNOK |
The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 84, Heli Team AS does better than 99% of companies in the Morning class Medium in the same sector (474 companies) in 2025.
Score 2023–2025
- Heli Team AS
- Median: companies in the Morning class Medium in the same sector
Heli Team AS has a score of 84 for 2025, rank 24 of 1,660 in the sector.
Strongest: Liquidity: percentile 93 against peers, current ratio 2.36 against a median of 1.27. Growth: percentile 90 against peers, revenue growth 37.6% against a median of 8.4%.
No area is clearly below its peers.
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
Heli Team AS had an operating margin of 26.9% and an equity ratio of 60.0% in 2025, and ranks 24 of 1,660 in Transport og lagring.
From 2024 to 2025: revenue grew by 38% and the operating margin rose from 21.6% to 26.9%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 72 MNOK and 206 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 182 MNOK |
| EV/EBIT | 8.0 | 206 MNOK |
| P/B | 1.0 | 72 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
- positive
Upper quartile on profitability, solidity and liquidity. What sets this company apart from the rest of the sector?
Based on: Operating margin 26.9% (median 3.7%); Equity ratio 60.0% (median 27.7%); Current ratio 2.36 (median 1.27).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 4.6% 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.
See interest rates, prices and exchange rates for the sector
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 3.0%. Based on the 8 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 90 | weight 30% |
|---|---|---|
| Solidity | 89 | weight 25% |
| Liquidity | 93 | weight 15% |
| Growth | 90 | weight 15% |
| Consistency | 52 | weight 15% |
Durability: 84 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Heli Team AS?
The operating margin was 26.9% in 2025, against a median of 3.7% among companies in the Morning class Medium in the same sector. Return on assets was 21.3%.
How solid is Heli Team AS?
The equity ratio was 60.0% in 2025 (median 27.7%). Debt-to-equity was 0.67 (median 2.44).
What is the liquidity of Heli Team AS like?
The current ratio was 2.36 in 2025 (median 1.27).
How does Heli Team AS compare in Transport og lagring?
Heli Team AS ranks 24 of 1,660 in Transport og lagring for 2025. Among companies in the Morning class Medium it is number 7 of 474. Revenue changed by 37.6% from the year before.
Public contracts
- Contracts awarded since 2024
- 1
- Total awarded value since 2024
- value not stated
- Framework agreements
- 1
- Left out of the total: the value is a ceiling, not actual spend.
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 9 February 2026 | Statens vegvesen | Rammeavtale for kjøp av helikoptertjenester | 12.0 MNOK (framework) |
| 24 February 2023 | Statens vegvesen | Parallell rammeavtale - Kjøp av Helikoptertjenester | 4.0 MNOK (framework) |
| 30 August 2022 | Landbruksdirektoratet | Rammeavtale om helikoptertjenester for Landbruksdirektoratet | 29.0 MNOK (framework) |
| 3 October 2018 | Statens vegvesen Region nord | Parallell rammeavtale - Kjøp av helikoptertjenester Region nord | 2.5 MNOK (framework) |
Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.
Source: Doffin (DFØ), fetched 28 October 2026. Winners are matched on organisation number.
Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0
From the Central Coordinating Register
- Org. no.
- 850447772
- Legal form
- AS
- Sector
- Transport og lagring (51.210)
- Morning company class
- Medium
- Employees
- 27 registered 10 October 2026
- Founded
- 25 November 1988 37 years in operation
- Share capital
- 2.06 MNOK
- Business address
- Stangnesterminalen 2D, 9409 HARSTAD
- Municipality
- Harstad rank 8–22 of 27 in KOSTRA group 9
- Latest accounts filed
- 2025
- Website
- www.heliteam.no
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
Loading roles …
Source: Central Coordinating Register, fetched 31 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 30 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 80 | 87 | 84 | |
| Rank | 161 | 19 | 24 | |
| Operating margin | 7.6% | 21.6% | 26.9% | |
| Return on assets | 4.9% | 14.6% | 21.3% | |
| Equity ratio | 61.3% | 62.8% | 60.0% | |
| Current ratio | 2.51 | 2.21 | 2.36 | |
| Revenue growth | – | 27.0% | 37.6% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 54.3 MNOK | 69.0 MNOK | 94.9 MNOK |
| Operating profit | 4.1 MNOK | 14.9 MNOK | 25.6 MNOK |
| Profit before tax | 2.9 MNOK | 12.8 MNOK | 23.4 MNOK |
| Net profit | 2.3 MNOK | 11.0 MNOK | 18.2 MNOK |
| Financial expenses | 1.2 MNOK | 2.2 MNOK | 2.2 MNOK |
| Total assets | 85.1 MNOK | 102.1 MNOK | 120.5 MNOK |
| Current assets | 17.9 MNOK | 25.5 MNOK | 29.1 MNOK |
| Equity | 52.2 MNOK | 64.1 MNOK | 72.4 MNOK |
| Retained earnings | 48.6 MNOK | 60.6 MNOK | 68.8 MNOK |
| Total liabilities | 32.9 MNOK | 38.0 MNOK | 48.2 MNOK |
| Current liabilities | 7.1 MNOK | 11.6 MNOK | 12.3 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 7146223.
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