HERMES HOLDING AS
Score · fiscal year 2025
40of 100
How to read this: the company is ahead of 32 % of small companies in the same sector in 2025. What does this mean?
Rank: 2,885 of 4,158 · Sjømat
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 46 and solidity 16 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
HERMES HOLDING AS is 10 points below the median for small companies in the same sector in 2025.
Median score 50 among 3,607 companies.
Against small companies in the same sector in 2025: operating margin −3.7% (median 9.9%) and equity ratio 6.4% (median 36.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 18 MNOK | 2 MNOK |
| Operating margin | −3.7% | 9.9% |
| Profit margin | 53.5% | 6.6% |
| Return on assets | 6.5% | 3.1% |
| Equity ratio | 6.4% | 36.4% |
| Debt-to-equity | 14.57 | 1.03 |
| Current ratio | 2.33 | 1.66 |
| Revenue growth | 1.1% | 13.5% |
| Revenue per employee | 2.00 MNOK | 1.95 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 40, HERMES HOLDING AS does better than 32% of small companies in the same sector (3,639 companies) in 2025.
Score 2023–2025
- HERMES HOLDING AS
- Median: small companies in the same sector
HERMES HOLDING AS has a score of 40 for 2025, rank 2,885 of 4,158 in the sector.
Strongest: Liquidity: percentile 60 against peers, current ratio 2.33 against a median of 1.66.
Weakest: Solidity: percentile 16 against peers, equity ratio 6.4% against a median of 36.4%. Growth: percentile 35 against peers, revenue growth 1.1% against a median of 13.5%.
Worth a closer look
- The equity ratio is very low. Could the company absorb a bad year, and does it need more equity? Based on: equity ratio 6.4% (median 36.4%).
- What lies behind weak solidity, and will it last?
- What lies behind weak growth, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
HERMES HOLDING AS had an operating margin of −3.7% and an equity ratio of 6.4% in 2025, and ranks 2,885 of 4,158 in Sjømat.
From 2024 to 2025: went from a loss to a profit before tax and the operating margin fell from 1.6% to −3.7%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 70 MNOK and 97 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 97 MNOK |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 70 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 equity ratio is very low. Could the company absorb a bad year, and does it need more equity?
Based on: Equity ratio 6.4% (median 36.4%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 6.0% 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.
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 −5.0%. 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 | 46 | weight 30% |
|---|---|---|
| Solidity | 16 | weight 25% |
| Liquidity | 60 | weight 15% |
| Growth | 35 | weight 15% |
| Consistency | 52 | weight 15% |
Durability: 34 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is HERMES HOLDING AS?
The operating margin was −3.7% in 2025, against a median of 9.9% among small companies in the same sector. Return on assets was 6.5%.
How solid is HERMES HOLDING AS?
The equity ratio was 6.4% in 2025 (median 36.4%). Debt-to-equity was 14.57 (median 1.03).
What is the liquidity of HERMES HOLDING AS like?
The current ratio was 2.33 in 2025 (median 1.66).
How does HERMES HOLDING AS compare in Sjømat?
HERMES HOLDING AS ranks 2,885 of 4,158 in Sjømat for 2025. Among companies of the same size (small companies) it ranks 2,492 of 3,639. Revenue changed by 1.1% from the year before.
Group accounts · 2025
34 of 100
Rank 1085 of 1354 groups with group accounts. Groups are ranked only against each other, not against single companies.
- Operating revenue, group
- 287 MNOK
- Operating profit, group
- 60 MNOK
- Profit before tax, group
- 0 MNOK
- Total assets, group
- 1,102 MNOK
- Equity, group
- 20 MNOK
| Key figure | The group | The company alone (2025) |
|---|---|---|
| Operating margin | 20.8% | −3.7% |
| Return on assets | 5.6% | 6.5% |
| Equity ratio | 1.8% | 6.4% |
| Current ratio | 1.15 | 2.33 |
| Revenue growth | 5.2% | 1.1% |
Group index in earlier years: 2023: 23 (1569 of 1757), 2024: 32 (1152 of 1400).
Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.
Source: Brønnøysund Register Centre, group accounts 2025 (open data, NLOD 2.0).
Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 916377304
- Legal form
- AS · part of a group
- Sector
- Sjømat (03.110)
- Size tier
- small
- Employees
- 9 registered 10 July 2026
- Founded
- 20 November 2015 10 years in operation
- Share capital
- 0.05 MNOK
- Business address
- 9584 SØR-TVERRFJORD (LOPPA)
- Municipality
- Loppa rank 15–32 of 36 in KOSTRA group 15
- Latest accounts filed
- 2025
- LEI
- 984500BF2FWB37542330 renews 4 September 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
- Chief executive
- Jan Roger Lerbukt
- Chair of the board
- Yngve Haldorsen
- Board member
- Arild Aarvik
- Board member
- Kjersti Mikalsen Olsrud
- Board member
- Klaus Beyer Nielsen
- Auditor
- REVICOM 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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 27 | 36 | 40 | |
| Rank | 3,062 | 2,913 | 2,885 | |
| Operating margin | −16.2% | 1.6% | −3.7% | |
| Return on assets | 3.7% | 5.8% | 6.5% | |
| Equity ratio | 4.8% | 4.7% | 6.4% | |
| Current ratio | 0.05 | 0.03 | 2.33 | |
| Revenue growth | – | −0.7% | 1.1% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 17.9 MNOK | 17.8 MNOK | 18.0 MNOK |
| Operating profit | −2.9 MNOK | 0.3 MNOK | −0.7 MNOK |
| Profit before tax | −5.8 MNOK | −0.8 MNOK | 9.6 MNOK |
| Net profit | −4.5 MNOK | −0.6 MNOK | 9.7 MNOK |
| Financial expenses | 46.2 MNOK | 63.9 MNOK | 60.9 MNOK |
| Total assets | 1,080.8 MNOK | 1,085.1 MNOK | 1,085.7 MNOK |
| Current assets | 46.6 MNOK | 27.0 MNOK | 35.1 MNOK |
| Equity | 51.7 MNOK | 51.0 MNOK | 69.7 MNOK |
| Retained earnings | 51.6 MNOK | 51.0 MNOK | 69.7 MNOK |
| Total liabilities | 1,029.1 MNOK | 1,034.1 MNOK | 1,015.9 MNOK |
| Current liabilities | 1,029.1 MNOK | 1,034.1 MNOK | 15.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7074359.
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