GN Hearing Norway AS

Org. no. 912920437 · Oslo · Founded 1967 · 17 employees

Score · fiscal year 2025

49of 100

How to read this: the company is ahead of 49 % of companies in the Morning class Medium in the same sector in 2025. What does this mean?

Rank in the Morning class Medium: 1,902 of 3,711 · What are Morning company classes?
Place in the whole sector: 11,980 of 22,952 · Handel

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 79 and solidity 6 out of 100 among companies in the Morning class Medium in the same sector in 2025. Methodology

Against the sector

GN Hearing Norway AS is 1 points below the median for companies in the Morning class Medium in the same sector in 2025.

Median score 50 among 3,711 companies.

Against companies in the Morning class Medium in the same sector in 2025: operating margin 4.4% (median 3.0%) and equity ratio 5.9% (median 30.0%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue129 MNOK93 MNOK
Operating margin 4.4% 3.0% 64 %
Profit margin 5.8% 2.8% shown, not part of the index
Return on assets 37.6% 11.6% 93 %
Equity ratio 5.9% 30.0% 8 %
Debt-to-equity 16.01 2.24 5 %
Current ratio 1.03 1.39 15 %
Revenue growth 58.6% 6.1% 94 %
Revenue per employee7.57 MNOK5.08 MNOK

The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 49, GN Hearing Norway AS does better than 49% of companies in the Morning class Medium in the same sector (3,711 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • GN Hearing Norway AS
  • Median: companies in the Morning class Medium in the same sector
Summary analysis

GN Hearing Norway AS has a score of 49 for 2025, rank 11,980 of 22,952 in the sector.

Strongest: Growth: percentile 94 against peers, revenue growth 58.6% against a median of 6.1%. Profitability: percentile 79 against peers, operating margin 4.4% against a median of 3.0%.

Weakest: Solidity: percentile 6 against peers, equity ratio 5.9% against a median of 30.0%. Liquidity: percentile 15 against peers, current ratio 1.03 against a median of 1.39.

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

GN Hearing Norway AS had an operating margin of 4.4% and an equity ratio of 5.9% in 2025, and ranks 11,980 of 22,952 in Handel.

From 2024 to 2025: revenue grew by 59%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 5 MNOK and 58 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 5.8 MNOK 10.0 58 MNOK
EV/EBIT Operating profit: 5.6 MNOK
minus net debt 0.0 MNOK
8.0 45 MNOK
P/B Equity: 5.2 MNOK 1.0 5 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 · 2025

Worth a closer look

  • watch

    The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?

    Based on: Equity ratio 5.9% (median 30.0%).

  • watch

    Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?

    Based on: Revenue growth 58.6% (median 6.1%); Current ratio 1.03 (median 1.39).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 30.9% of the debt in 2025. The policy rate averaged 4.30 % 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.

Stress test · 2022

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 1.5%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability79 weight 30%
Solidity6 weight 25%
Liquidity15 weight 15%
Growth94 weight 15%
Consistency52 weight 15%

Durability: 35 (average over 3 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is GN Hearing Norway AS?

The operating margin was 4.4% in 2025, against a median of 3.0% among companies in the Morning class Medium in the same sector. Return on assets was 37.6%.

How solid is GN Hearing Norway AS?

The equity ratio was 5.9% in 2025 (median 30.0%). Debt-to-equity was 16.01 (median 2.24).

What is the liquidity of GN Hearing Norway AS like?

The current ratio was 1.03 in 2025 (median 1.39).

How does GN Hearing Norway AS compare in Handel?

GN Hearing Norway AS ranks 11,980 of 22,952 in Handel for 2025. Among companies in the Morning class Medium it is number 1,902 of 3,711. Revenue changed by 58.6% from the year before.

From the Central Coordinating Register

Org. no.
912920437
Legal form
AS
Sector
Handel (46.460)
Morning company class
Medium
Employees
17 registered 10 August 2026
Founded
1 January 1967 59 years in operation
Share capital
2.00 MNOK
Business address
Brynsveien 13, 0667 OSLO
Municipality
Oslo rank 63–220 of 357 in Norway
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 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.

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index223449
Rank18,17517,15111,980
Operating margin4.1%3.5%4.4%
Return on assets6.6%5.7%37.6%
Equity ratio5.7%9.2%5.9%
Current ratio1.010.931.03
Revenue growth–12.6%58.6%

Accounts

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

Key figure202320242025
Operating revenue72.1 MNOK81.1 MNOK128.6 MNOK
Operating profit2.9 MNOK2.8 MNOK5.6 MNOK
Profit before tax3.1 MNOK2.7 MNOK7.5 MNOK
Net profit2.4 MNOK2.1 MNOK5.8 MNOK
Financial expenses0.2 MNOK0.3 MNOK25.5 MNOK
Total assets49.3 MNOK53.9 MNOK87.7 MNOK
Current assets45.9 MNOK44.6 MNOK85.0 MNOK
Equity2.8 MNOK5.0 MNOK5.2 MNOK
Retained earnings0.8 MNOK3.0 MNOK3.2 MNOK
Total liabilities46.5 MNOK49.0 MNOK82.6 MNOK
Current liabilities45.7 MNOK48.0 MNOK82.6 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7173191.