HP NORGE AS

Org. no. 914908566 · BÆRUM · Founded 2015 · 49 employees

Score · fiscal year 2023

53of 100

How to read this: the company is ahead of 58 % of medium-sized companies in the same sector in 2023. What does this mean?

Rank: 15,190 of 34,736 · Handel

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 25 and solidity 61 out of 100 among medium-sized companies in the same sector in 2023. Methodology

Against the sector

HP NORGE AS is 4 points above the median for medium-sized companies in the same sector in 2023.

Median score 49 among 1,875 companies.

Against medium-sized companies in the same sector in 2023: operating margin 1.1% (median 3.2%) and equity ratio 40.6% (median 32.2%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue931 MNOK177 MNOK
Operating margin 1.1% 3.2% 24 %
Profit margin 2.1% 3.1% shown, not part of the index
Return on assets 5.0% 11.4% 26 %
Equity ratio 40.6% 32.2% 61 %
Debt-to-equity 1.46 2.06 60 %
Current ratio 2.05 1.39 76 %
Revenue growth – 4.2% not compared
Revenue per employee19.01 MNOK6.27 MNOK

The median and “ahead of” refer to medium-sized companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 53, HP NORGE AS does better than 58% of medium-sized companies in the same sector (1,875 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • HP NORGE AS
  • Median: medium-sized companies in the same sector
Analysis · 2023

What the numbers say

HP NORGE AS had an operating margin of 1.1% and an equity ratio of 40.6% in 2023, and ranks 15,190 of 34,736 in Handel.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 44 MNOK and 161 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 15.2 MNOK 10.0 152 MNOK
EV/EBIT Operating profit: 10.4 MNOK
minus net debt 39.4 MNOK
8.0 44 MNOK
P/B Equity: 160.8 MNOK 1.0 161 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 · 2023

Worth a closer look

  • 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 1.1% (median 3.2%).

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

Financial costs were 0.1% of the debt in 2023. The policy rate averaged 3.54 % 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 · 2023

What the score is made of

Profitability25 weight 30%
Solidity61 weight 25%
Liquidity76 weight 15%
Growth– no data, left out
Consistency75 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2023

Questions and answers

How profitable is HP NORGE AS?

The operating margin was 1.1% in 2023, against a median of 3.2% among medium-sized companies in the same sector. Return on assets was 5.0%.

How solid is HP NORGE AS?

The equity ratio was 40.6% in 2023 (median 32.2%). Debt-to-equity was 1.46 (median 2.06).

What is the liquidity of HP NORGE AS like?

The current ratio was 2.05 in 2023 (median 1.39).

How does HP NORGE AS compare in Handel?

HP NORGE AS ranks 15,190 of 34,736 in Handel for 2023. Among companies of the same size (medium-sized companies) it ranks 786 of 1,875.

From the Central Coordinating Register

Org. no.
914908566
Legal form
AS
Sector
Handel (46.500)
Size tier
medium
Employees
49 registered 10 October 2026
Founded
21 January 2015 11 years in operation
Share capital
2.22 MNOK
Business address
Rolfsbuktveien 4, 1364 FORNEBU (BÆRUM)
Municipality
Bærum rank 1 of 11 in KOSTRA group 12
Latest accounts filed
2025
LEI
25490024NBNBGDMUME07 renews 30 May 2027

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

Chair of the board
Caroline Francoise Durand
Board member
Maren Mjaatvedt
Auditor
ERNST & YOUNG AS
Accountant
AZETS INSIGHT AS

Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.

Parent company
Parent not made public

Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 29 October 2026. The parent is the one the company itself reported to GLEIF.

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.

Report an issue

Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index534662
Rank15,19021,36210,079
Operating margin1.1%0.6%0.8%
Return on assets5.0%4.3%12.5%
Equity ratio40.6%40.7%39.0%
Current ratio2.052.082.00
Revenue growth–−2.9%23.0%

Accounts

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

Key figure202320242025
Operating revenue931.3 MNOK904.5 MNOK1,112.5 MNOK
Operating profit10.4 MNOK5.4 MNOK9.1 MNOK
Profit before tax19.6 MNOK16.4 MNOK21.1 MNOK
Net profit15.2 MNOK12.7 MNOK16.2 MNOK
Financial expenses0.1 MNOK2.0 MNOK40.0 MNOK
Total assets396.4 MNOK426.1 MNOK486.9 MNOK
Current assets393.0 MNOK421.1 MNOK476.8 MNOK
Equity160.8 MNOK173.5 MNOK189.8 MNOK
Retained earnings158.6 MNOK171.3 MNOK16.2 MNOK
Total liabilities235.6 MNOK252.6 MNOK297.1 MNOK
Current liabilities191.8 MNOK202.4 MNOK238.3 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 4773967.

Similar companies