HJELLEGJERDE AS

Org. no. 914482534 · SANDNES · Founded 2014 · 9 employees

Score · fiscal year 2024

56of 100

How to read this: the company is ahead of 63 % of medium-sized companies in the same sector in 2024. What does this mean?

Rank: 13,882 of 37,175 · Handel

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 93 and solidity 44 out of 100 among medium-sized companies in the same sector in 2024. Methodology

Against the sector

HJELLEGJERDE AS is 6 points above the median for medium-sized companies in the same sector in 2024.

Median score 50 among 2,059 companies.

Against medium-sized companies in the same sector in 2024: operating margin 13.1% (median 3.2%) and equity ratio 29.4% (median 32.6%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue113 MNOK171 MNOK
Operating margin 13.1% 3.2% 92 %
Profit margin 21.2% 3.1% shown, not part of the index
Return on assets 40.1% 11.1% 94 %
Equity ratio 29.4% 32.6% 44 %
Debt-to-equity 2.41 2.01 43 %
Current ratio 0.61 1.38 5 %
Revenue growth 16.8% 5.2% 78 %
Revenue per employee12.51 MNOK6.29 MNOK

The median and “ahead of” refer to medium-sized companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 56, HJELLEGJERDE AS does better than 63% of medium-sized companies in the same sector (2,059 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • HJELLEGJERDE AS
  • Median: medium-sized companies in the same sector
Analysis · 2024

What the numbers say

HJELLEGJERDE AS had an operating margin of 13.1% and an equity ratio of 29.4% in 2024, and ranks 13,882 of 37,175 in Handel.

From 2023 to 2024: the equity ratio fell from 39.6% to 29.4% and revenue grew by 17%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 21 MNOK and 204 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 20.4 MNOK 10.0 204 MNOK
EV/EBIT Operating profit: 14.7 MNOK
minus net debt −0.3 MNOK
8.0 118 MNOK
P/B Equity: 20.7 MNOK 1.0 21 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 · 2024

Worth a closer look

  • watch

    Consider strengthening liquidity: current liabilities are 1.6 times current assets.

    Based on: Current ratio 0.61 (median 1.38).

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

Financial costs were 9.0% of the debt in 2024. The policy rate averaged 4.50 % 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 · 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 · 2024

What the score is made of

Profitability93 weight 30%
Solidity44 weight 25%
Liquidity5 weight 15%
Growth78 weight 15%
Consistency34 weight 15%

Durability: 56 (average over 2 years)

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

2024

Questions and answers

How profitable is HJELLEGJERDE AS?

The operating margin was 13.1% in 2024, against a median of 3.2% among medium-sized companies in the same sector. Return on assets was 40.1%.

How solid is HJELLEGJERDE AS?

The equity ratio was 29.4% in 2024 (median 32.6%). Debt-to-equity was 2.41 (median 2.01).

What is the liquidity of HJELLEGJERDE AS like?

The current ratio was 0.61 in 2024 (median 1.38). Current assets did not cover current liabilities.

How does HJELLEGJERDE AS compare in Handel?

HJELLEGJERDE AS ranks 13,882 of 37,175 in Handel for 2024. Among companies of the same size (medium-sized companies) it ranks 753 of 2,059. Revenue changed by 16.8% from the year before.

From the Central Coordinating Register

Org. no.
914482534
Legal form
AS
Sector
Handel (46.470)
Size tier
medium
Employees
9 registered 10 May 2026
Founded
13 November 2014 11 years in operation
Share capital
1.00 MNOK
Business address
Luramyrveien 71, 4313 SANDNES
Municipality
Sandnes rank 4 of 11 in KOSTRA group 12
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
Alexander Høiland Thoresen
Chair of the board
Leif Roar Høiland
Board member
Arne Incoronato
Auditor
PRICEWATERHOUSECOOPERS 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?

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
Index565667
Rank13,61013,8826,390
Operating margin13.1%13.1%11.5%
Return on assets37.1%40.1%52.7%
Equity ratio39.6%29.4%60.9%
Current ratio0.750.610.98
Revenue growth–16.8%3.9%

Accounts

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

Key figure202320242025
Operating revenue96.4 MNOK112.6 MNOK117.0 MNOK
Operating profit12.7 MNOK14.7 MNOK13.5 MNOK
Profit before tax27.2 MNOK23.9 MNOK37.3 MNOK
Net profit22.5 MNOK20.4 MNOK30.8 MNOK
Financial expenses0.6 MNOK4.5 MNOK−3.6 MNOK
Total assets74.7 MNOK70.6 MNOK64.0 MNOK
Current assets33.7 MNOK30.4 MNOK24.4 MNOK
Equity29.6 MNOK20.7 MNOK38.9 MNOK
Retained earnings16.6 MNOK7.7 MNOK25.9 MNOK
Total liabilities45.1 MNOK49.9 MNOK25.0 MNOK
Current liabilities45.1 MNOK49.9 MNOK25.0 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6246769.

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