HH HANDEL AS

Org. no. 913811135 · IBESTAD · Founded 2014 · 17 employees

Score · fiscal year 2025

63of 100

How to read this: the company is ahead of 76 % of small companies in the same sector in 2025. What does this mean?

Rank: 9,450 of 38,671 · Handel

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 48 and solidity 76 out of 100 among small companies in the same sector in 2025. Methodology

Against the sector

HH HANDEL AS is 13 points above the median for small companies in the same sector in 2025.

Median score 50 among 36,111 companies.

Against small companies in the same sector in 2025: operating margin 6.5% (median 2.5%) and equity ratio 76.8% (median 38.3%).

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 revenue41 MNOK3 MNOK
Operating margin 6.5% 2.5% 68 %
Profit margin −1.4% 2.2% shown, not part of the index
Return on assets −3.7% 4.0% 29 %
Equity ratio 76.8% 38.3% 78 %
Debt-to-equity 0.30 0.99 74 %
Current ratio 2.98 1.70 70 %
Revenue growth 4.0% 3.5% 51 %
Revenue per employee2.41 MNOK1.62 MNOK

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 63, HH HANDEL AS does better than 76% of small companies in the same sector (36,580 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • HH HANDEL AS
  • Median: small companies in the same sector
Summary analysis

HH HANDEL AS has a score of 63 for 2025, rank 9,450 of 38,671 in the sector.

Strongest: Solidity: percentile 76 against peers, equity ratio 76.8% against a median of 38.3%. Consistency: percentile 73 against peers.

No area is clearly below its peers.

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

HH HANDEL AS had an operating margin of 6.5% and an equity ratio of 76.8% in 2025, and ranks 9,450 of 38,671 in Handel.

From 2024 to 2025: went from a profit to a loss before tax.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 12 MNOK and 28 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −1.2 MNOK 10.0 not meaningful
EV/EBIT Operating profit: 2.7 MNOK
minus net debt −6.4 MNOK
8.0 28 MNOK
P/B Equity: 11.9 MNOK 1.0 12 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 company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin −1.4% (median 2.2%).

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

Data quality

No anomalies found in the figures.

Stress test · 2017

Scenario analysis: the sector's weakest year

We have no accounts for 2017, the sector's weakest year, for this company.

The sector's weakest year was 2017, with a median operating margin of −65.6%. 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

Profitability48 weight 30%
Solidity76 weight 25%
Liquidity70 weight 15%
Growth51 weight 15%
Consistency73 weight 15%

Durability: 69 (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 HH HANDEL AS?

The operating margin was 6.5% in 2025, against a median of 2.5% among small companies in the same sector. Return on assets was −3.7%. The company made a loss before tax.

How solid is HH HANDEL AS?

The equity ratio was 76.8% in 2025 (median 38.3%). Debt-to-equity was 0.30 (median 0.99).

What is the liquidity of HH HANDEL AS like?

The current ratio was 2.98 in 2025 (median 1.70).

How does HH HANDEL AS compare in Handel?

HH HANDEL AS ranks 9,450 of 38,671 in Handel for 2025. Among companies of the same size (small companies) it ranks 8,861 of 36,580. Revenue changed by 4.0% from the year before.

From the Central Coordinating Register

Org. no.
913811135
Legal form
AS
Sector
Handel (47.110)
Size tier
small
Employees
17 registered 10 October 2026
Founded
1 June 2014 12 years in operation
Share capital
0.03 MNOK
Business address
9450 HAMNVIK (IBESTAD)
Municipality
Ibestad rank 17–36 of 36 in KOSTRA group 15
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
Siv Oddrun Aakenes Heggen
Chair of the board
Per Ludvik Hansen
Board member
Siv Oddrun Aakenes Heggen
Auditor
ERNST & YOUNG AS
Accountant
NORGESGRUPPEN REGNSKAP 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?

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index747263
Rank4,3914,1059,450
Operating margin5.5%5.4%6.5%
Return on assets13.2%12.9%−3.7%
Equity ratio76.0%80.0%76.8%
Current ratio2.693.072.98
Revenue growth–7.3%4.0%

Accounts

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

Key figure202320242025
Operating revenue36.7 MNOK39.4 MNOK41.0 MNOK
Operating profit2.0 MNOK2.1 MNOK2.7 MNOK
Profit before tax2.1 MNOK2.2 MNOK−0.6 MNOK
Net profit1.6 MNOK1.7 MNOK−1.2 MNOK
Financial expenses0.0 MNOK0.0 MNOK–
Total assets15.9 MNOK17.2 MNOK15.4 MNOK
Current assets10.0 MNOK10.3 MNOK10.5 MNOK
Equity12.1 MNOK13.8 MNOK11.9 MNOK
Retained earnings12.0 MNOK13.7 MNOK11.8 MNOK
Total liabilities3.8 MNOK3.4 MNOK3.6 MNOK
Current liabilities3.7 MNOK3.4 MNOK3.5 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6985332.