H2 RØR AS
Score · fiscal year 2024
70of 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: 2,857 of 19,490 · Bygg og anlegg
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 72 and solidity 77 out of 100 among small companies in the same sector in 2024. Methodology
Against the sector
H2 RØR AS is 19 points above the median for small companies in the same sector in 2024.
Median score 51 among 18,569 companies.
Against small companies in the same sector in 2024: operating margin 7.7% (median 4.1%) and equity ratio 58.5% (median 33.8%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 9 MNOK | 5 MNOK |
| Operating margin | 7.7% | 4.1% |
| Profit margin | 7.9% | 3.6% |
| Return on assets | 24.2% | 9.3% |
| Equity ratio | 58.5% | 33.8% |
| Debt-to-equity | 0.71 | 1.56 |
| Current ratio | 2.36 | 1.45 |
| Revenue growth | 0.0% | 4.2% |
| Revenue per employee | 1.88 MNOK | 1.43 MNOK |
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 70, H2 RØR AS does better than 85% of small companies in the same sector (18,578 companies) in 2024.
Score 2023–2025
- H2 RØR AS
- Median: small companies in the same sector
What the numbers say
H2 RØR AS had an operating margin of 7.7% and an equity ratio of 58.5% in 2024, and ranks 2,857 of 19,490 in Bygg og anlegg.
No large changes in the key figures from 2023 to 2024.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 2 MNOK and 6 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 6 MNOK |
| EV/EBIT | 8.0 | 6 MNOK |
| P/B | 1.0 | 2 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.
Financial costs were 2.3% 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.
Scenario analysis: the sector's weakest year
We have no accounts for 2021, the sector's weakest year, for this company.
The sector's weakest year was 2021, with a median operating margin of 1.8%. 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 | 72 | weight 30% |
|---|---|---|
| Solidity | 77 | weight 25% |
| Liquidity | 79 | weight 15% |
| Growth | 43 | weight 15% |
| Consistency | 72 | weight 15% |
Durability: 72 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is H2 RØR AS?
The operating margin was 7.7% in 2024, against a median of 4.1% among small companies in the same sector. Return on assets was 24.2%.
How solid is H2 RØR AS?
The equity ratio was 58.5% in 2024 (median 33.8%). Debt-to-equity was 0.71 (median 1.56).
What is the liquidity of H2 RØR AS like?
The current ratio was 2.36 in 2024 (median 1.45).
How does H2 RØR AS compare in Bygg og anlegg?
H2 RØR AS ranks 2,857 of 19,490 in Bygg og anlegg for 2024. Among companies of the same size (small companies) it ranks 2,728 of 18,578. Revenue changed by 0.0% from the year before.
From the Central Coordinating Register
- Org. no.
- 912749460
- Legal form
- AS
- Sector
- Bygg og anlegg (43.221)
- Size tier
- small
- Employees
- 5 registered 10 February 2026
- Founded
- 4 November 2013 12 years in operation
- Share capital
- 0.10 MNOK
- Business address
- Randabergveien 306, 4073 RANDABERG
- Municipality
- Randaberg rank 11 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
- Chair of the board
- Kenneth Hodnefjell
- Auditor
- REVISJON VEST AS
- Accountant
- RENNESØY OG RANDABERG REKNESKAPSLAG SA
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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 74 | 70 | 69 | |
| Rank | 2,815 | 2,857 | 3,069 | |
| Operating margin | 7.1% | 7.7% | 3.8% | |
| Return on assets | 24.5% | 24.2% | 12.0% | |
| Equity ratio | 54.3% | 58.5% | 66.2% | |
| Current ratio | 2.22 | 2.36 | 2.66 | |
| Revenue growth | – | 0.0% | 7.6% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 9.4 MNOK | 9.4 MNOK | 10.1 MNOK |
| Operating profit | 0.7 MNOK | 0.7 MNOK | 0.4 MNOK |
| Profit before tax | 0.7 MNOK | 0.7 MNOK | 0.4 MNOK |
| Net profit | 0.5 MNOK | 0.6 MNOK | 0.3 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 2.9 MNOK | 3.2 MNOK | 3.3 MNOK |
| Current assets | 2.3 MNOK | 2.6 MNOK | 2.7 MNOK |
| Equity | 1.6 MNOK | 1.9 MNOK | 2.2 MNOK |
| Retained earnings | 1.5 MNOK | 1.8 MNOK | 2.1 MNOK |
| Total liabilities | 1.3 MNOK | 1.3 MNOK | 1.1 MNOK |
| Current liabilities | 1.0 MNOK | 1.1 MNOK | 1.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5598963.
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