HELLERUD SHIPPING & TRADING AS
Score · fiscal year 2025
35of 100
How to read this: the company is ahead of 27 % of small companies in the same sector in 2025. What does this mean?
Rank: 22,674 of 30,442 · Handel
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 80 and solidity 0 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
HELLERUD SHIPPING & TRADING AS is 15 points below the median for small companies in the same sector in 2025.
Median score 50 among 28,491 companies.
Against small companies in the same sector in 2025: operating margin 39.3% (median 2.2%) and equity ratio −149.0% (median 35.1%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 1 MNOK | 3 MNOK |
| Operating margin | 39.3% | 2.2% |
| Profit margin | 39.3% | 2.0% |
| Return on assets | 10.9% | 3.2% |
| Equity ratio | −149.0% | 35.1% |
| Debt-to-equity | – | 1.05 |
| Current ratio | 0.43 | 1.64 |
| Revenue growth | −33.2% | 3.8% |
The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 35, HELLERUD SHIPPING & TRADING AS does better than 27% of small companies in the same sector (28,889 companies) in 2025.
Score 2023–2025
- HELLERUD SHIPPING & TRADING AS
- Median: small companies in the same sector
HELLERUD SHIPPING & TRADING AS has a score of 35 for 2025, rank 22,674 of 30,442 in the sector.
Strongest: Profitability: percentile 80 against peers, operating margin 39.3% against a median of 2.2%.
Weakest: Solidity: percentile 0 against peers, equity ratio −149.0% against a median of 35.1%. Liquidity: percentile 12 against peers, current ratio 0.43 against a median of 1.64.
Worth a closer look
- Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern? Based on: equity ratio −149.0% (median 35.1%).
- Consider strengthening liquidity: current liabilities are 2.3 times current assets. Based on: current ratio 0.43 (median 1.64).
- What lies behind weak solidity, and will it last?
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
HELLERUD SHIPPING & TRADING AS had an operating margin of 39.3% and an equity ratio of −149.0% in 2025, and ranks 22,674 of 30,442 in Handel.
From 2024 to 2025: the operating margin rose from 8.8% to 39.3% and the equity ratio rose from −183.7% to −149.0%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 3 MNOK and 3 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 3 MNOK |
| EV/EBIT | 8.0 | 3 MNOK |
| P/B | 1.0 | not meaningful |
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
- critical
Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?
Based on: Equity ratio −149.0% (median 35.1%).
- critical
Consider strengthening liquidity: current liabilities are 2.3 times current assets.
Based on: Current ratio 0.43 (median 1.64).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
- critical Negative equity
Scenario analysis: the sector's weakest year
We have no accounts for 2017, the sector's weakest year, for this company.
The sector's weakest year was 2017, with a median operating margin of −134.9%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 80 | weight 30% |
|---|---|---|
| Solidity | 0 | weight 25% |
| Liquidity | 12 | weight 15% |
| Growth | 13 | weight 15% |
| Consistency | 45 | weight 15% |
Durability: 27 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is HELLERUD SHIPPING & TRADING AS?
The operating margin was 39.3% in 2025, against a median of 2.2% among small companies in the same sector. Return on assets was 10.9%.
How solid is HELLERUD SHIPPING & TRADING AS?
The equity ratio was −149.0% in 2025 (median 35.1%). Equity is negative, so liabilities exceed assets.
What is the liquidity of HELLERUD SHIPPING & TRADING AS like?
The current ratio was 0.43 in 2025 (median 1.64). Current assets did not cover current liabilities.
How does HELLERUD SHIPPING & TRADING AS compare in Handel?
HELLERUD SHIPPING & TRADING AS ranks 22,674 of 30,442 in Handel for 2025. Among companies of the same size (small companies) it ranks 21,076 of 28,889. Revenue changed by −33.2% from the year before.
From the Central Coordinating Register
- Org. no.
- 879334292
- Legal form
- AS
- Sector
- Handel (47.810)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 3 October 1997 29 years in operation
- Share capital
- 0.10 MNOK
- Business address
- c/o Ekonomika AS, Nye Vakås vei 8D, 1395 HVALSTAD (ASKER)
- Municipality
- Asker rank 2 of 11 in KOSTRA group 12
- Audit
- Audit opted out from 21 December 2011
- 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
- Jørgen Hellerud
- Chair of the board
- Jørgen Hellerud
Source: Central Coordinating Register, fetched 25 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 | 13 | 34 | 35 | |
| Rank | 24,043 | 21,627 | 22,674 | |
| Operating margin | −3.1% | 8.8% | 39.3% | |
| Return on assets | −1.6% | 4.4% | 10.9% | |
| Equity ratio | −217.9% | −183.7% | −149.0% | |
| Current ratio | 0.34 | 0.38 | 0.43 | |
| Revenue growth | – | −2.2% | −33.2% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 1.2 MNOK | 1.1 MNOK | 0.8 MNOK |
| Operating profit | 0.0 MNOK | 0.1 MNOK | 0.3 MNOK |
| Profit before tax | −0.1 MNOK | 0.1 MNOK | 0.3 MNOK |
| Net profit | −0.1 MNOK | 0.1 MNOK | 0.3 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | – |
| Total assets | 2.1 MNOK | 2.4 MNOK | 2.8 MNOK |
| Current assets | 2.1 MNOK | 2.4 MNOK | 2.8 MNOK |
| Equity | −4.5 MNOK | −4.4 MNOK | −4.1 MNOK |
| Retained earnings | −4.6 MNOK | −4.5 MNOK | −4.2 MNOK |
| Total liabilities | 6.6 MNOK | 6.8 MNOK | 6.8 MNOK |
| Current liabilities | 6.1 MNOK | 6.3 MNOK | 6.4 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6571453.
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