HJERTENES JERNVARE AS

Org. no. 912693155 · STRAND · Founded 1980 · 11 employees

Score · fiscal year 2023

69of 100

How to read this: the company is ahead of 81 % of small companies in the same sector in 2023. What does this mean?

Rank: 6,738 of 34,740 · Handel

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 46 and solidity 75 out of 100 among small companies in the same sector in 2023. Methodology

Against the sector

HJERTENES JERNVARE AS is 19 points above the median for small companies in the same sector in 2023.

Median score 50 among 32,562 companies.

Against small companies in the same sector in 2023: operating margin 2.0% (median 2.5%) and equity ratio 74.7% (median 39.1%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue12 MNOK4 MNOK
Operating margin 2.0% 2.5% 47 %
Profit margin 1.0% 2.2% shown, not part of the index
Return on assets 1.9% 4.0% 44 %
Equity ratio 74.7% 39.1% 77 %
Debt-to-equity 0.34 1.00 73 %
Current ratio 6.41 1.70 86 %
Revenue growth – 0.0% not compared
Revenue per employee1.12 MNOK1.54 MNOK

The median and “ahead of” refer to small companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 69, HJERTENES JERNVARE AS does better than 81% of small companies in the same sector (32,646 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • HJERTENES JERNVARE AS
  • Median: small companies in the same sector
Analysis · 2023

What the numbers say

HJERTENES JERNVARE AS had an operating margin of 2.0% and an equity ratio of 74.7% in 2023, and ranks 6,738 of 34,740 in Handel.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 1 MNOK and 10 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.1 MNOK 10.0 1 MNOK
EV/EBIT Operating profit: 0.2 MNOK
minus net debt −0.1 MNOK
8.0 2 MNOK
P/B Equity: 9.5 MNOK 1.0 10 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 · 2023

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 3.8% of the debt in 2023. The policy rate averaged 3.54 % 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 · 2017

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 −65.6%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability46 weight 30%
Solidity75 weight 25%
Liquidity86 weight 15%
Growth– no data, left out
Consistency87 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2023

Questions and answers

How profitable is HJERTENES JERNVARE AS?

The operating margin was 2.0% in 2023, against a median of 2.5% among small companies in the same sector. Return on assets was 1.9%.

How solid is HJERTENES JERNVARE AS?

The equity ratio was 74.7% in 2023 (median 39.1%). Debt-to-equity was 0.34 (median 1.00).

What is the liquidity of HJERTENES JERNVARE AS like?

The current ratio was 6.41 in 2023 (median 1.70).

How does HJERTENES JERNVARE AS compare in Handel?

HJERTENES JERNVARE AS ranks 6,738 of 34,740 in Handel for 2023. Among companies of the same size (small companies) it ranks 6,297 of 32,646.

From the Central Coordinating Register

Org. no.
912693155
Legal form
AS
Sector
Handel (47.520)
Size tier
small
Employees
11 registered 10 September 2026
Founded
15 December 1980 45 years in operation
Share capital
0.60 MNOK
Business address
Direktør Sæthersgate 34, 4100 JØRPELAND (STRAND)
Municipality
Strand rank 9 of 38 in KOSTRA group 7
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
Asbjørn Hjertenes
Chief executive
Pål Hjertenes
Chair of the board
Asbjørn Hjertenes
Deputy member
Dina Ada Hjertenes
Auditor
REVISJON RYFYLKE AS
Accountant
ECIT BUSINESS PARTNER 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.

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index696863
Rank6,7385,8768,930
Operating margin2.0%8.3%3.5%
Return on assets1.9%7.3%3.0%
Equity ratio74.7%76.3%75.6%
Current ratio6.416.806.57
Revenue growth–−4.6%−1.2%

Accounts

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

Key figure202320242025
Operating revenue12.3 MNOK11.8 MNOK11.6 MNOK
Operating profit0.2 MNOK1.0 MNOK0.4 MNOK
Profit before tax0.1 MNOK0.9 MNOK0.3 MNOK
Net profit0.1 MNOK0.7 MNOK0.3 MNOK
Financial expenses0.1 MNOK0.1 MNOK0.1 MNOK
Total assets12.7 MNOK13.4 MNOK13.8 MNOK
Current assets8.8 MNOK9.5 MNOK10.0 MNOK
Equity9.5 MNOK10.2 MNOK10.4 MNOK
Retained earnings8.9 MNOK9.6 MNOK9.8 MNOK
Total liabilities3.2 MNOK3.2 MNOK3.4 MNOK
Current liabilities1.4 MNOK1.4 MNOK1.5 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5134235.