HARSTAD MASKIN AS
Score · fiscal year 2025
25of 100
How to read this: the company is ahead of 10 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 20,394 of 24,363 · Bygg og anlegg
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 4 and solidity 37 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
HARSTAD MASKIN AS is 25 points below the median for medium-sized companies in the same sector in 2025.
Median score 50 among 615 companies.
Against medium-sized companies in the same sector in 2025: operating margin −9.9% (median 4.5%) and equity ratio 26.7% (median 32.8%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 195 MNOK | 172 MNOK |
| Operating margin | −9.9% | 4.5% |
| Profit margin | −11.2% | 4.6% |
| Return on assets | −17.7% | 10.1% |
| Equity ratio | 26.7% | 32.8% |
| Debt-to-equity | 2.74 | 2.03 |
| Current ratio | 1.08 | 1.37 |
| Revenue growth | 8.4% | 7.5% |
| Revenue per employee | 3.68 MNOK | 3.25 MNOK |
The median and “ahead of” refer to medium-sized companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 25, HARSTAD MASKIN AS does better than 10% of medium-sized companies in the same sector (621 companies) in 2025.
Score 2023–2025
- HARSTAD MASKIN AS
- Median: medium-sized companies in the same sector
What the numbers say
HARSTAD MASKIN AS had an operating margin of −9.9% and an equity ratio of 26.7% in 2025, and ranks 20,394 of 24,363 in Bygg og anlegg.
From 2024 to 2025: the operating margin fell from −5.5% to −9.9% and the equity ratio fell from 33.9% to 26.7%.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 29 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 29 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
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −11.2% (median 4.6%).
- watch
The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin −9.9% (median 4.5%).
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 2.2%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 4 | weight 30% |
|---|---|---|
| Solidity | 37 | weight 25% |
| Liquidity | 22 | weight 15% |
| Growth | 51 | weight 15% |
| Consistency | 26 | weight 15% |
Durability: 37 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is HARSTAD MASKIN AS?
The operating margin was −9.9% in 2025, against a median of 4.5% among medium-sized companies in the same sector. Return on assets was −17.7%. The company made a loss before tax.
How solid is HARSTAD MASKIN AS?
The equity ratio was 26.7% in 2025 (median 32.8%). Debt-to-equity was 2.74 (median 2.03).
What is the liquidity of HARSTAD MASKIN AS like?
The current ratio was 1.08 in 2025 (median 1.37).
How does HARSTAD MASKIN AS compare in Bygg og anlegg?
HARSTAD MASKIN AS ranks 20,394 of 24,363 in Bygg og anlegg for 2025. Among companies of the same size (medium-sized companies) it ranks 562 of 621. Revenue changed by 8.4% from the year before.
Public contracts
- Contracts awarded since 2024
- 1
- Total awarded value since 2024
- value not stated
- 1 contracts without a stated value are not in the total.
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 13 August 2025 | Troms fylkeskommune | Konkurranse Fv. 7744 Kilbotnveien gang og sykkelvei | value not stated |
| 20 April 2017 | Harstad kommune, Drift og utbyggingstjenesten | VA Indre Fjordgate | value not stated |
Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.
Source: Doffin (DFØ), fetched 28 October 2026. Winners are matched on organisation number.
Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0
From the Central Coordinating Register
- Org. no.
- 914329671
- Legal form
- AS
- Sector
- Bygg og anlegg (43.120)
- Size tier
- medium
- Employees
- 53 registered 10 October 2026
- Founded
- 29 August 2014 12 years in operation
- Share capital
- 2.04 MNOK
- Business address
- Mercurveien 53, 9408 HARSTAD
- Municipality
- Harstad rank 10–23 of 27 in KOSTRA group 9
- Latest accounts filed
- 2025
- Website
- www.harmas.no
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
- John Olav Solaas
- Chair of the board
- Siri Austgard
- Board member
- Roger Moe
- Board member
- Nils Kristian Johansen
- Board member
- Sebastian Helge Iversen
- Board member
- Kristin Benedicte Holst
- Deputy member
- Daniel Midling
- Auditor
- REVIGO 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 | 53 | 33 | 25 | |
| Rank | 9,296 | 17,460 | 20,394 | |
| Operating margin | 1.4% | −5.5% | −9.9% | |
| Return on assets | 2.1% | −7.1% | −17.7% | |
| Equity ratio | 34.7% | 33.9% | 26.7% | |
| Current ratio | 1.59 | 1.48 | 1.08 | |
| Revenue growth | – | −17.0% | 8.4% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 217.2 MNOK | 180.2 MNOK | 195.3 MNOK |
| Operating profit | 3.1 MNOK | −9.9 MNOK | −19.3 MNOK |
| Profit before tax | 0.2 MNOK | −12.7 MNOK | −21.8 MNOK |
| Net profit | 0.2 MNOK | −9.9 MNOK | −17.0 MNOK |
| Financial expenses | 3.1 MNOK | 3.1 MNOK | 2.6 MNOK |
| Total assets | 161.1 MNOK | 135.9 MNOK | 108.6 MNOK |
| Current assets | 84.1 MNOK | 64.4 MNOK | 53.5 MNOK |
| Equity | 55.9 MNOK | 46.0 MNOK | 29.0 MNOK |
| Retained earnings | 53.9 MNOK | 44.0 MNOK | 27.0 MNOK |
| Total liabilities | 105.2 MNOK | 89.9 MNOK | 79.6 MNOK |
| Current liabilities | 52.8 MNOK | 43.4 MNOK | 49.5 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6956376.
Further
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