HELLEFOSS KRAFT AS
Score · fiscal year 2024
37of 100
How to read this: the company is ahead of 28 % of small companies in the same sector in 2024. What does this mean?
Rank: 742 of 1,020 · Kraft og energi
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 48 and solidity 38 out of 100 among small companies in the same sector in 2024. Methodology
Against the sector
HELLEFOSS KRAFT AS is 13 points below the median for small companies in the same sector in 2024.
Median score 50 among 825 companies.
Against small companies in the same sector in 2024: operating margin 1.8% (median 6.7%) and equity ratio 29.7% (median 36.7%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 26 MNOK | 3 MNOK |
| Operating margin | 1.8% | 6.7% |
| Profit margin | −1.5% | 3.1% |
| Return on assets | 0.6% | 0.2% |
| Equity ratio | 29.7% | 36.7% |
| Debt-to-equity | 2.37 | 0.96 |
| Current ratio | 0.44 | 1.57 |
| Revenue growth | −45.1% | −6.7% |
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 37, HELLEFOSS KRAFT AS does better than 28% of small companies in the same sector (827 companies) in 2024.
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 1.8% and an equity ratio of 29.7% in 2024, and ranks 742 of 1,020 in Kraft og energi.
From 2023 to 2024: the operating margin fell from 59.7% to 1.8% and went from a profit to a loss before tax.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 7 MNOK and 43 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 7 MNOK |
| EV/EBIT | 8.0 | debt above value |
| 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
- critical
Consider strengthening liquidity: current liabilities are 2.2 times current assets.
Based on: Current ratio 0.44 (median 1.57).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −1.5% (median 3.1%).
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 2022, the sector's weakest year, for this company.
The sector's weakest year was 2022, with a median operating margin of 0.3%. 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 | 48 | weight 30% |
|---|---|---|
| Solidity | 38 | weight 25% |
| Liquidity | 22 | weight 15% |
| Growth | 8 | weight 15% |
| Consistency | 59 | weight 15% |
Durability: 50 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is HELLEFOSS KRAFT AS?
The operating margin was 1.8% in 2024, against a median of 6.7% among small companies in the same sector. Return on assets was 0.6%. The company made a loss before tax.
How solid is HELLEFOSS KRAFT AS?
The equity ratio was 29.7% in 2024 (median 36.7%). Debt-to-equity was 2.37 (median 0.96).
What is the liquidity of HELLEFOSS KRAFT AS like?
The current ratio was 0.44 in 2024 (median 1.57). Current assets did not cover current liabilities.
How does HELLEFOSS KRAFT AS compare in Kraft og energi?
HELLEFOSS KRAFT AS ranks 742 of 1,020 in Kraft og energi for 2024. Among companies of the same size (small companies) it ranks 594 of 827. Revenue changed by −45.1% from the year before.
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 10–30 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 | 63 | 37 | 59 | |
| Rank | 208 | 742 | 321 | |
| 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 5965861.
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