HELLESUND HOLDING AS
Score · fiscal year 2025
58of 100
How to read this: the company is ahead of 66 % of small companies in the same sector in 2025. What does this mean?
Rank: 13,128 of 38,670 · Handel
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 41 and solidity 94 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
HELLESUND HOLDING AS is 8 points above the median for small companies in the same sector in 2025.
Median score 50 among 36,110 companies.
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating margin | – | 2.5% |
| Profit margin | – | 2.2% |
| Return on assets | 0.5% | 4.0% |
| Equity ratio | 99.4% | 38.3% |
| Debt-to-equity | 0.01 | 0.99 |
| Current ratio | 0.22 | 1.70 |
| Revenue growth | – | 3.5% |
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 58, HELLESUND HOLDING AS does better than 66% of small companies in the same sector (36,579 companies) in 2025.
Score 2023–2025
- HELLESUND HOLDING AS
- Median: small companies in the same sector
HELLESUND HOLDING AS has a score of 58 for 2025, rank 13,128 of 38,670 in the sector.
Strongest: Solidity: percentile 94 against peers, equity ratio 99.4% against a median of 38.3%. Consistency: percentile 82 against peers.
Weakest: Liquidity: percentile 7 against peers, current ratio 0.22 against a median of 1.70.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 4.6 times current assets. Based on: current ratio 0.22 (median 1.70).
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
HELLESUND HOLDING AS had an operating margin of – and an equity ratio of 99.4% in 2025, and ranks 13,128 of 38,670 in Handel.
No large changes in the key figures from 2024 to 2025.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 1 MNOK and 26 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 1 MNOK |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 26 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
- critical
Consider strengthening liquidity: current liabilities are 4.6 times current assets.
Based on: Current ratio 0.22 (median 1.70).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 1.2% 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
- watch Revenue not reported
- watch No revenue but large assets
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
What the score is made of
| Profitability | 41 | weight 30% |
|---|---|---|
| Solidity | 94 | weight 25% |
| Liquidity | 7 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 82 | weight 15% |
Durability: 65 (average over 3 years)
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is HELLESUND HOLDING AS?
The operating margin was – in 2025, against a median of 2.5% among small companies in the same sector. Return on assets was 0.5%.
How solid is HELLESUND HOLDING AS?
The equity ratio was 99.4% in 2025 (median 38.3%). Debt-to-equity was 0.01 (median 0.99).
What is the liquidity of HELLESUND HOLDING AS like?
The current ratio was 0.22 in 2025 (median 1.70). Current assets did not cover current liabilities.
How does HELLESUND HOLDING AS compare in Handel?
HELLESUND HOLDING AS ranks 13,128 of 38,670 in Handel for 2025. Among companies of the same size (small companies) it ranks 12,328 of 36,579.
Group accounts · 2025
33 of 100
Rank 1229 of 1507 groups with group accounts. Groups are ranked only against each other, not against single companies.
- Operating revenue, group
- 279 MNOK
- Operating profit, group
- 2 MNOK
- Profit before tax, group
- −2 MNOK
- Total assets, group
- 181 MNOK
- Equity, group
- 60 MNOK
| Key figure | The group | The company alone (2025) |
|---|---|---|
| Operating margin | 0.7% | – |
| Return on assets | 1.8% | 0.5% |
| Equity ratio | 33.3% | 99.4% |
| Current ratio | 1.35 | 0.22 |
| Revenue growth | −1.2% | – |
Group index in earlier years: 2023: 36 (1408 of 1951), 2024: 31 (1313 of 1561).
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).
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 917647208
- Legal form
- AS
- Sector
- Handel (47.632)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 15 August 2016 10 years in operation
- Share capital
- 0.45 MNOK
- Business address
- Åmlandsveien 48, 4770 HØVÅG (LILLESAND)
- Municipality
- Lillesand rank 3–17 of 38 in KOSTRA group 7
- 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
- Rune Jørgensen
- Chair of the board
- Rune Jørgensen
- Deputy member
- Sirpa Marjaana Viena Jørgensen
- Auditor
- REVISJON SØR 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 | 65 | 71 | 58 | |
| Rank | 8,553 | 4,416 | 13,128 | |
| Operating margin | – | – | – | |
| Return on assets | 0.3% | 2.4% | 0.5% | |
| Equity ratio | 89.2% | 99.6% | 99.4% | |
| Current ratio | 4.83 | – | 0.22 | |
| Revenue growth | – | – | – |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | – | – | – |
| Operating profit | −0.1 MNOK | 0.0 MNOK | 0.0 MNOK |
| Profit before tax | 0.1 MNOK | 0.6 MNOK | 0.1 MNOK |
| Net profit | 0.1 MNOK | 0.6 MNOK | 0.1 MNOK |
| Financial expenses | 0.0 MNOK | – | 0.0 MNOK |
| Total assets | 28.1 MNOK | 25.8 MNOK | 26.0 MNOK |
| Current assets | 14.7 MNOK | 14.5 MNOK | 0.0 MNOK |
| Equity | 25.1 MNOK | 25.7 MNOK | 25.8 MNOK |
| Retained earnings | – | 18.7 MNOK | 18.8 MNOK |
| Total liabilities | 3.0 MNOK | 0.1 MNOK | 0.1 MNOK |
| Current liabilities | 3.0 MNOK | – | 0.1 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7193981.
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