HESTDAL E-VERK AS

Org. no. 884198992 · INDRE FOSEN · Founded 2001

Score · fiscal year 2024

65of 100

How to read this: the company is ahead of 85 % of small companies in the same sector in 2024. What does this mean?

Rank: 126 of 852 · Kraft og energi

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 67 and solidity 76 out of 100 among small companies in the same sector in 2024. Methodology

Against the sector

HESTDAL E-VERK AS is 14 points above the median for small companies in the same sector in 2024.

Median score 51 among 672 companies.

Against small companies in the same sector in 2024: operating margin 14.2% (median 15.8%) and equity ratio 65.3% (median 37.5%).

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 revenue1 MNOK5 MNOK
Operating margin 14.2% 15.8% 48 %
Profit margin 17.1% 8.0% shown, not part of the index
Return on assets 13.9% 4.7% 86 %
Equity ratio 65.3% 37.5% 76 %
Debt-to-equity 0.53 1.47 75 %
Current ratio 2.31 1.63 62 %
Revenue growth −3.9% −8.4% 57 %

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

With an index of 65, HESTDAL E-VERK AS does better than 85% of small companies in the same sector (672 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025The shaded year is the sector's weakest year, used by the stress test.
  • HESTDAL E-VERK AS
  • Median: small companies in the same sector
Analysis · 2024

What the numbers say

HESTDAL E-VERK AS had an operating margin of 14.2% and an equity ratio of 65.3% in 2024, and ranks 126 of 852 in Kraft og energi.

From 2023 to 2024: the operating margin fell from 53.4% to 14.2%.

HESTDAL E-VERK AS did better than the sector in 2025, the sector's weakest year.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 1 MNOK and 2 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.2 MNOK 10.0 2 MNOK
EV/EBIT Operating profit: 0.2 MNOK
minus net debt −0.9 MNOK
8.0 2 MNOK
P/B Equity: 1.0 MNOK 1.0 1 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 0.2% 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.

Data quality

No anomalies found in the figures.

Stress test · 2025

Scenario analysis: the sector's weakest year

The operating margin was 28.8% in 2025 (sector median 15.8%), and the equity ratio 68.3%. In the other years the operating margin averaged 33.8%.

The sector's weakest year was 2025, with a median operating margin of 15.8%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability67 weight 30%
Solidity76 weight 25%
Liquidity62 weight 15%
Growth57 weight 15%
Consistency56 weight 15%

Durability: 69 (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 HESTDAL E-VERK AS?

The operating margin was 14.2% in 2024, against a median of 15.8% among small companies in the same sector. Return on assets was 13.9%.

How solid is HESTDAL E-VERK AS?

The equity ratio was 65.3% in 2024 (median 37.5%). Debt-to-equity was 0.53 (median 1.47).

What is the liquidity of HESTDAL E-VERK AS like?

The current ratio was 2.31 in 2024 (median 1.63).

How does HESTDAL E-VERK AS compare in Kraft og energi?

HESTDAL E-VERK AS ranks 126 of 852 in Kraft og energi for 2024. Among companies of the same size (small companies) it ranks 101 of 672. Revenue changed by −3.9% from the year before.

From the Central Coordinating Register

Org. no.
884198992
Legal form
AS
Sector
Kraft og energi (35.121)
Size tier
small
Employees
0–4 (not registered)
Founded
27 December 2001 24 years in operation
Share capital
1.00 MNOK
Business address
7125 VANVIKAN (INDRE FOSEN)
Municipality
Indre Fosen rank 37 of 38 in KOSTRA group 7
Audit
Audit opted out from 3 June 2013
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
Berit Oldervik Strand
Chair of the board
Berit Oldervik Strand
Deputy member
Ingvild Oldervik Strand
Accountant
LEKSVIK REGNSKAP 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.

Report an issue

Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index726563
Rank103126182
Operating margin53.4%14.2%28.8%
Return on assets39.5%13.9%21.9%
Equity ratio62.9%65.3%68.3%
Current ratio2.172.312.45
Revenue growth–−3.9%−16.3%

Accounts

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

Key figure202320242025
Operating revenue1.3 MNOK1.3 MNOK1.1 MNOK
Operating profit0.7 MNOK0.2 MNOK0.3 MNOK
Profit before tax0.7 MNOK0.2 MNOK0.3 MNOK
Net profit0.6 MNOK0.2 MNOK0.3 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets1.8 MNOK1.6 MNOK1.5 MNOK
Current assets1.5 MNOK1.2 MNOK1.1 MNOK
Equity1.1 MNOK1.0 MNOK1.0 MNOK
Retained earnings0.1 MNOK0.0 MNOK0.0 MNOK
Total liabilities0.7 MNOK0.5 MNOK0.5 MNOK
Current liabilities0.7 MNOK0.5 MNOK0.5 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5697675.