HORTEN VVS AS

Org. no. 913301528 · HORTEN · Founded 2014

Score · fiscal year 2025

79of 100

How to read this: the company is ahead of 96 % of small companies in the same sector in 2025. What does this mean?

Rank: 1,446 of 32,581 · Bygg og anlegg

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 89 and solidity 79 out of 100 among small companies in the same sector in 2025. Methodology

Against the sector

HORTEN VVS AS is 29 points above the median for small companies in the same sector in 2025.

Median score 50 among 31,471 companies.

Against small companies in the same sector in 2025: operating margin 21.0% (median 3.7%) and equity ratio 74.5% (median 36.5%).

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 revenue9 MNOK3 MNOK
Operating margin 21.0% 3.7% 86 %
Profit margin 21.0% 3.4% shown, not part of the index
Return on assets 45.8% 5.7% 92 %
Equity ratio 74.5% 36.5% 81 %
Debt-to-equity 0.34 1.20 78 %
Current ratio 3.32 1.45 81 %
Revenue growth 2.5% 3.0% 49 %

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

With an index of 79, HORTEN VVS AS does better than 96% of small companies in the same sector (31,719 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • HORTEN VVS AS
  • Median: small companies in the same sector
Summary analysis

HORTEN VVS AS has a score of 79 for 2025, rank 1,446 of 32,581 in the sector.

Strongest: Profitability: percentile 89 against peers, operating margin 21.0% against a median of 3.7%. Consistency: percentile 87 against peers.

No area is clearly below its peers.

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

HORTEN VVS AS had an operating margin of 21.0% and an equity ratio of 74.5% in 2025, and ranks 1,446 of 32,581 in Bygg og anlegg.

From 2024 to 2025: the equity ratio rose from 42.2% to 74.5% and the operating margin rose from 16.7% to 21.0%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 3 MNOK and 17 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 1.5 MNOK 10.0 15 MNOK
EV/EBIT Operating profit: 1.9 MNOK
minus net debt −2.3 MNOK
8.0 17 MNOK
P/B Equity: 3.1 MNOK 1.0 3 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

  • positive

    Upper quartile on profitability, solidity and liquidity. What sets this company apart from the rest of the sector?

    Based on: Operating margin 21.0% (median 3.7%); Equity ratio 74.5% (median 36.5%); Current ratio 3.32 (median 1.45).

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

Financial costs were 0.0% 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.

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 2.4%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability89 weight 30%
Solidity79 weight 25%
Liquidity81 weight 15%
Growth49 weight 15%
Consistency87 weight 15%

Durability: 70 (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 HORTEN VVS AS?

The operating margin was 21.0% in 2025, against a median of 3.7% among small companies in the same sector. Return on assets was 45.8%.

How solid is HORTEN VVS AS?

The equity ratio was 74.5% in 2025 (median 36.5%). Debt-to-equity was 0.34 (median 1.20).

What is the liquidity of HORTEN VVS AS like?

The current ratio was 3.32 in 2025 (median 1.45).

How does HORTEN VVS AS compare in Bygg og anlegg?

HORTEN VVS AS ranks 1,446 of 32,581 in Bygg og anlegg for 2025. Among companies of the same size (small companies) it ranks 1,401 of 31,719. Revenue changed by 2.5% from the year before.

From the Central Coordinating Register

Org. no.
913301528
Legal form
AS
Sector
Bygg og anlegg (43.221)
Size tier
small
Employees
0–4 (not registered)
Founded
14 February 2014 12 years in operation
Share capital
0.20 MNOK
Business address
Horten Industripark, Nedre vei 8, 3183 HORTEN
Municipality
Horten rank 20–27 of 27 in KOSTRA group 9
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
Petter Sørsdal
Chair of the board
Petter Sørsdal
Auditor
REVISJONSFIRMAET HOTVEDT & CO AS
Accountant
AIDER AS

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?

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index636779
Rank8,5035,5271,446
Operating margin20.3%16.7%21.0%
Return on assets37.8%38.3%45.8%
Equity ratio35.7%42.2%74.5%
Current ratio1.411.613.32
Revenue growth–14.2%2.5%

Accounts

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

Key figure202320242025
Operating revenue7.6 MNOK8.7 MNOK8.9 MNOK
Operating profit1.6 MNOK1.5 MNOK1.9 MNOK
Profit before tax1.6 MNOK1.5 MNOK1.9 MNOK
Net profit1.2 MNOK1.1 MNOK1.5 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets4.2 MNOK3.8 MNOK4.1 MNOK
Current assets3.8 MNOK3.5 MNOK3.4 MNOK
Equity1.5 MNOK1.6 MNOK3.1 MNOK
Retained earnings1.3 MNOK1.4 MNOK2.9 MNOK
Total liabilities2.7 MNOK2.2 MNOK1.0 MNOK
Current liabilities2.7 MNOK2.2 MNOK1.0 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6747656.

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