HELLEFOSS KRAFT AS
Score · fiscal year 2023
65of 100
How to read this: the company is ahead of 82 % of small companies in the same sector in 2023. What does this mean?
Rank: 139 of 786 · Kraft og energi
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 91 and solidity 38 out of 100 among small companies in the same sector in 2023. Methodology
Against the sector
HELLEFOSS KRAFT AS is 15 points above the median for small companies in the same sector in 2023.
Median score 50 among 605 companies.
Against small companies in the same sector in 2023: operating margin 59.7% (median 9.6%) and equity ratio 30.4% (median 39.1%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 47 MNOK | 3 MNOK |
| Operating margin | 59.7% | 9.6% |
| Profit margin | 60.3% | 9.0% |
| Return on assets | 21.0% | 0.1% |
| Equity ratio | 30.4% | 39.1% |
| Debt-to-equity | 2.28 | 0.94 |
| Current ratio | 1.08 | 1.55 |
| Revenue growth | – | – |
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 65, HELLEFOSS KRAFT AS does better than 82% of small companies in the same sector (608 companies) in 2023.
Score 2023–2025
- HELLEFOSS KRAFT AS
- Median: small companies in the same sector
What the numbers say
HELLEFOSS KRAFT AS had an operating margin of 59.7% and an equity ratio of 30.4% in 2023, and ranks 139 of 786 in Kraft og energi.
HELLEFOSS KRAFT AS did better than the sector in 2025, the sector's weakest year.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 43 MNOK and 151 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 88 MNOK |
| EV/EBIT | 8.0 | 151 MNOK |
| P/B | 1.0 | 43 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
The operating margin was 40.7% in 2025 (sector median 4.4%), and the equity ratio 31.9%. In the other years the operating margin averaged 30.8%.
The sector's weakest year was 2025, with a median operating margin of 4.4%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 91 | weight 30% |
|---|---|---|
| Solidity | 38 | weight 25% |
| Liquidity | 39 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 84 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is HELLEFOSS KRAFT AS?
The operating margin was 59.7% in 2023, against a median of 9.6% among small companies in the same sector. Return on assets was 21.0%.
How solid is HELLEFOSS KRAFT AS?
The equity ratio was 30.4% in 2023 (median 39.1%). Debt-to-equity was 2.28 (median 0.94).
What is the liquidity of HELLEFOSS KRAFT AS like?
The current ratio was 1.08 in 2023 (median 1.55).
How does HELLEFOSS KRAFT AS compare in Kraft og energi?
HELLEFOSS KRAFT AS ranks 139 of 786 in Kraft og energi for 2023. Among companies of the same size (small companies) it ranks 113 of 608.
From the Central Coordinating Register
- Org. no.
- 912756734
- Legal form
- AS
- Sector
- Kraft og energi (35.121)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 25 May 1898 128 years in operation
- Share capital
- 2.41 MNOK
- Business address
- 3300 HOKKSUND (ØVRE EIKER)
- Municipality
- Øvre Eiker rank 11–33 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
- Jan Vidar Thoresen
- Chair of the board
- Odd Arne Røvang
- Board member
- Linda Sand-Hanssen
- Board member
- Birger Godal Holt
- Auditor
- TELL NORGE 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 | 65 | 39 | 61 | |
| Rank | 139 | 602 | 249 | |
| Operating margin | 59.7% | 1.8% | 40.7% | |
| Return on assets | 21.0% | 0.6% | 10.5% | |
| Equity ratio | 30.4% | 29.7% | 31.9% | |
| Current ratio | 1.08 | 0.44 | 0.49 | |
| Revenue growth | – | −45.1% | 36.1% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 47.3 MNOK | 26.0 MNOK | 35.4 MNOK |
| Operating profit | 28.2 MNOK | 0.5 MNOK | 14.4 MNOK |
| Profit before tax | 28.5 MNOK | −0.4 MNOK | 13.7 MNOK |
| Net profit | 8.8 MNOK | 0.7 MNOK | 2.5 MNOK |
| Financial expenses | 1.0 MNOK | 1.2 MNOK | 1.4 MNOK |
| Total assets | 140.3 MNOK | 146.4 MNOK | 144.0 MNOK |
| Current assets | 19.9 MNOK | 20.6 MNOK | 19.3 MNOK |
| Equity | 42.7 MNOK | 43.4 MNOK | 45.9 MNOK |
| Retained earnings | 40.3 MNOK | 41.0 MNOK | 43.5 MNOK |
| Total liabilities | 97.6 MNOK | 103.0 MNOK | 98.1 MNOK |
| Current liabilities | 18.4 MNOK | 46.4 MNOK | 39.3 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 4857157.
Further
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