HELLY HANSEN AS
Score · fiscal year 2023
72of 100
How to read this: the company is ahead of 85 % of large companies in the same sector in 2023. What does this mean?
Rank: 4,073 of 26,382 · Handel
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 82 and solidity 61 out of 100 among large companies in the same sector in 2023. Methodology
Against the sector
HELLY HANSEN AS is 24 points above the median for large companies in the same sector in 2023.
Median score 48 among 235 companies.
Against large companies in the same sector in 2023: operating margin 13.5% (median 2.1%) and equity ratio 39.3% (median 30.2%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 3,853 MNOK | 2,271 MNOK |
| Operating margin | 13.5% | 2.1% |
| Profit margin | 8.2% | 2.1% |
| Return on assets | 12.3% | 8.4% |
| Equity ratio | 39.3% | 30.2% |
| Debt-to-equity | 1.55 | 2.26 |
| Current ratio | 2.10 | 1.23 |
| Revenue growth | – | −9.8% |
| Revenue per employee | 12.59 MNOK | 16.52 MNOK |
The median and “ahead of” refer to large companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 72, HELLY HANSEN AS does better than 85% of large companies in the same sector (235 companies) in 2023.
Score 2023–2025
- HELLY HANSEN AS
- Median: large companies in the same sector
What the numbers say
HELLY HANSEN AS had an operating margin of 13.5% and an equity ratio of 39.3% in 2023, and ranks 4,073 of 26,382 in Handel.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 1,645 MNOK and 2,961 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 2,550 MNOK |
| EV/EBIT | 8.0 | 2,961 MNOK |
| P/B | 1.0 | 1,645 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
No rules were triggered for this year.
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
No anomalies found in the figures.
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 | 82 | weight 30% |
|---|---|---|
| Solidity | 61 | weight 25% |
| Liquidity | 89 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 50 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is HELLY HANSEN AS?
The operating margin was 13.5% in 2023, against a median of 2.1% among large companies in the same sector. Return on assets was 12.3%.
How solid is HELLY HANSEN AS?
The equity ratio was 39.3% in 2023 (median 30.2%). Debt-to-equity was 1.55 (median 2.26).
What is the liquidity of HELLY HANSEN AS like?
The current ratio was 2.10 in 2023 (median 1.23).
How does HELLY HANSEN AS compare in Handel?
HELLY HANSEN AS ranks 4,073 of 26,382 in Handel for 2023. Among companies of the same size (large companies) it ranks 36 of 235.
Group accounts
The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.
Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 912359999
- Legal form
- AS · part of a group
- Sector
- Handel (46.420)
- Size tier
- large
- Employees
- 306 registered 10 October 2026
- Founded
- 24 August 1970 56 years in operation
- Share capital
- 9.25 MNOK
- Business address
- Munkedamsveien 35, 0250 OSLO
- Municipality
- Oslo rank 106–282 of 357 in Norway
- Latest accounts filed
- 2025
- Website
- www.hellyhansen.com
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
- Børre Hegbom
- Chair of the board
- Thomas Lee Doerr Jr
- Board member
- Ellen Andersen
- Board member
- Mhd Issam Yousef
- Board member
- Børre Hegbom
- Board member
- Kari Kaugerud
- Board member
- Susan Denise Sumner
- Board member
- James Michael Brook
- Board member
- Kristin Erika Sköld
- Deputy member
- Angela Maria Schulstad
- Deputy member
- Markus Andreas Westerberg
- Auditor
- PRICEWATERHOUSECOOPERS AS
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 | 72 | 60 | 58 | |
| Rank | 4,073 | 8,826 | 10,499 | |
| Operating margin | 13.5% | 6.6% | 1.9% | |
| Return on assets | 12.3% | 8.0% | 0.8% | |
| Equity ratio | 39.3% | 41.9% | 53.0% | |
| Current ratio | 2.10 | 1.66 | 2.18 | |
| Revenue growth | – | −7.8% | 10.9% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 3,853.0 MNOK | 3,552.0 MNOK | 3,940.0 MNOK |
| Operating profit | 521.0 MNOK | 235.0 MNOK | 74.0 MNOK |
| Profit before tax | 317.0 MNOK | 463.0 MNOK | −341.0 MNOK |
| Net profit | 255.0 MNOK | 381.0 MNOK | −314.0 MNOK |
| Financial expenses | 197.0 MNOK | −127.0 MNOK | 372.0 MNOK |
| Total assets | 4,188.0 MNOK | 4,194.0 MNOK | 3,863.0 MNOK |
| Current assets | 2,793.0 MNOK | 4,045.0 MNOK | 3,211.0 MNOK |
| Equity | 1,645.0 MNOK | 1,756.0 MNOK | 2,047.0 MNOK |
| Retained earnings | 661.0 MNOK | 771.0 MNOK | 354.0 MNOK |
| Total liabilities | 2,543.0 MNOK | 2,439.0 MNOK | 1,816.0 MNOK |
| Current liabilities | 1,328.0 MNOK | 2,433.0 MNOK | 1,474.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5102327.
Further
Similar companies
- MEGAFLIS AS index 72, rank 3,972 · compare
- NG KIWI ØST AS index 72, rank 3,977 · compare
- K. EKRHEIM AS index 72, rank 4,020 · compare
- HAUGEN - GRUPPEN AS index 72, rank 4,064 · compare
- TOOLS AS index 71, rank 4,126 · compare