Hellesund Eiendom AS
Score · fiscal year 2024
Not enough data: Not enough data (below minimum revenue)
Based on the annual accounts for 2024
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 1 MNOK | 2 MNOK |
| Operating margin | 53.3% | 45.2% |
| Profit margin | 54.8% | 18.4% |
| Return on assets | 1.5% | 7.4% |
| Equity ratio | 14.5% | 25.9% |
| Debt-to-equity | 5.87 | 2.30 |
| Current ratio | 39.96 | 1.36 |
| Revenue growth | −98.7% | 4.8% |
The median and “ahead of” refer to companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
Score over time
Score over time needs at least two fiscal years with a score. It will appear when next year's figures are fetched or history is imported.
What the numbers say
Hellesund Eiendom AS had an equity ratio of 14.5% in 2024. The company is not ranked: not enough data (below minimum revenue).
From 2023 to 2024: the operating margin rose from 1.0% to 53.3% and revenue fell by 99%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 2 MNOK and 2 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.6 | 2 MNOK |
| EV/EBIT | 22.6 | debt above value |
| P/B | 0.9 | 2 MNOK |
The listed basis is the value at listed multiples. The estimate is lowered by 51% for an unlisted company: 20% for lack of marketability and 38% for size (a small-company premium of 4% on the cost of equity).
A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. 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.
Financial costs were 0.0% 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.
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 22.6%. Based on the 9 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
Questions and answers
How profitable is Hellesund Eiendom AS?
The operating margin was 53.3% in 2024, against a median of 45.2% among companies in the same sector. Return on assets was 1.5%.
How solid is Hellesund Eiendom AS?
The equity ratio was 14.5% in 2024 (median 25.9%). Debt-to-equity was 5.87 (median 2.30).
What is the liquidity of Hellesund Eiendom AS like?
The current ratio was 39.96 in 2024 (median 1.36).
Group structure · 2025
2 companies in the group according to the shareholder register for 2025. A company counts as a subsidiary when a Norwegian company owns more than half of its shares.
No owner holds more than half of the shares in Hellesund Utvikling AS.
Hellesund Utvikling AS has not filed group accounts in open data, so the group has no index of its own. Each company has its own accounts.
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Hellesund Utvikling AS
- Hellesund Eiendom AS you are here
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.
Source: the Norwegian Tax Administration's shareholder register 2025 (majority owner with more than 50 % of the shares). Voting agreements and ownership through other countries are not included.
From the Central Coordinating Register
- Org. no.
- 912599159
- Legal form
- AS
- Sector
- Eiendom (68.200)
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 1 January 1970 56 years in operation
- Share capital
- 0.30 MNOK
- Business address
- Dalaneveien 31, 3772 KRAGERØ
- Municipality
- Kragerø rank 13–38 of 38 in KOSTRA group 7
- Audit
- Audit opted out from 28 October 2026
- 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
Loading roles …
Source: Central Coordinating Register, fetched 2 November 2026. Only names are shown.
Shareholders (2025)
- Number of shareholders
- 1 (one owner)
- Largest owner
- 100.0%
- Split
- companies 100% · private persons 0% · foreign 0%
- Owned from the same municipality
- 100%
- Group chain
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Owned by: Hellesund Utvikling AS (100%)
Ultimate owner: Hellesund Utvikling AS
The owner: the majority owner Hellesund Utvikling AS (holds 100%) made a loss in 2025. A weak parent can affect the subsidiary through group contributions, loans and guarantees. It is an indication to watch, not an assessment of the company.
- Hellesund Utvikling AS · 100.0%
Change 2007–2025:
100% of the shares changed owner (1 new and 1 departed owners). The majority owner changed.
New owners (companies): Hellesund Utvikling AS
Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.
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 | 43 | – | – | |
| Rank | 4,685 | – | – | |
| Operating margin | 1.0% | 53.3% | −43.9% | |
| Return on assets | 2.5% | 1.5% | −0.2% | |
| Equity ratio | 14.7% | 14.5% | 13.5% | |
| Current ratio | 29.41 | 39.96 | 2,030.01 | |
| Revenue growth | – | −98.7% | −80.5% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 52.3 MNOK | 0.7 MNOK | 0.1 MNOK |
| Operating profit | 0.5 MNOK | 0.4 MNOK | −0.1 MNOK |
| Profit before tax | 0.6 MNOK | 0.4 MNOK | −0.1 MNOK |
| Tax expense | 0.1 MNOK | 0.1 MNOK | 0.0 MNOK |
| Net profit | 0.4 MNOK | 0.3 MNOK | 0.0 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | – |
| Total assets | 22.8 MNOK | 25.1 MNOK | 26.7 MNOK |
| Current assets | 13.5 MNOK | 15.7 MNOK | 17.3 MNOK |
| Equity | 3.4 MNOK | 3.6 MNOK | 3.6 MNOK |
| Retained earnings | 3.1 MNOK | 3.3 MNOK | 3.3 MNOK |
| Total liabilities | 19.5 MNOK | 21.4 MNOK | 23.1 MNOK |
| Current liabilities | 0.5 MNOK | 0.4 MNOK | 0.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 6214303.