HGN ELEKTRO AS
Score · fiscal year 2025
79of 100
How to read this: the company is ahead of 96 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 1,434 of 32,581 · Bygg og anlegg
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 91 and solidity 66 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
HGN ELEKTRO AS is 29 points above the median for medium-sized companies in the same sector in 2025.
Median score 50 among 1,024 companies.
Against medium-sized companies in the same sector in 2025: operating margin 12.1% (median 4.6%) and equity ratio 38.9% (median 31.2%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 211 MNOK | 176 MNOK |
| Operating margin | 12.1% | 4.6% |
| Profit margin | 12.3% | 4.6% |
| Return on assets | 32.7% | 10.7% |
| Equity ratio | 38.9% | 31.2% |
| Debt-to-equity | 1.57 | 2.19 |
| Current ratio | 1.72 | 1.36 |
| Revenue growth | 76.6% | 6.6% |
| Revenue per employee | 2.40 MNOK | 3.09 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 79, HGN ELEKTRO AS does better than 96% of medium-sized companies in the same sector (1,030 companies) in 2025.
Score 2023–2025
- HGN ELEKTRO AS
- Median: medium-sized companies in the same sector
HGN ELEKTRO AS has a score of 79 for 2025, rank 1,434 of 32,581 in the sector.
Strongest: Growth: percentile 94 against peers, revenue growth 76.6% against a median of 6.6%. Profitability: percentile 91 against peers, operating margin 12.1% against a median of 4.6%.
No area is clearly below its peers.
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
HGN ELEKTRO AS had an operating margin of 12.1% and an equity ratio of 38.9% in 2025, and ranks 1,434 of 32,581 in Bygg og anlegg.
From 2024 to 2025: revenue grew by 77%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 31 MNOK and 240 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 204 MNOK |
| EV/EBIT | 8.0 | 240 MNOK |
| P/B | 1.0 | 31 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
No rules were triggered for this year.
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.1% 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 2.4%. 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 | 91 | weight 30% |
|---|---|---|
| Solidity | 66 | weight 25% |
| Liquidity | 74 | weight 15% |
| Growth | 94 | weight 15% |
| Consistency | 69 | weight 15% |
Durability: 73 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is HGN ELEKTRO AS?
The operating margin was 12.1% in 2025, against a median of 4.6% among medium-sized companies in the same sector. Return on assets was 32.7%.
How solid is HGN ELEKTRO AS?
The equity ratio was 38.9% in 2025 (median 31.2%). Debt-to-equity was 1.57 (median 2.19).
What is the liquidity of HGN ELEKTRO AS like?
The current ratio was 1.72 in 2025 (median 1.36).
How does HGN ELEKTRO AS compare in Bygg og anlegg?
HGN ELEKTRO AS ranks 1,434 of 32,581 in Bygg og anlegg for 2025. Among companies of the same size (medium-sized companies) it ranks 39 of 1,030. Revenue changed by 76.6% from the year before.
From the Central Coordinating Register
- Org. no.
- 919253185
- Legal form
- AS
- Sector
- Bygg og anlegg (43.210)
- Size tier
- medium
- Employees
- 88 registered 10 October 2026
- Founded
- 16 June 2017 9 years in operation
- Share capital
- 0.50 MNOK
- Business address
- Strømsveien 223, 0668 OSLO
- Municipality
- Oslo rank 63–221 of 357 in Norway
- 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
- Geir Stensrud Amlien
- Chair of the board
- Tom Erik Brekke
- Board member
- Marcus Virik
- Deputy member
- Trym Berggren Bakken
- Auditor
- ERNST & YOUNG AS
- Accountant
- NORSOLVE 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 | 67 | 72 | 79 | |
| Rank | 6,476 | 3,481 | 1,434 | |
| Operating margin | 12.4% | 12.5% | 12.1% | |
| Return on assets | 29.2% | 27.3% | 32.7% | |
| Equity ratio | 43.1% | 36.7% | 38.9% | |
| Current ratio | 1.85 | 1.64 | 1.72 | |
| Revenue growth | – | 20.5% | 76.6% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 99.4 MNOK | 119.7 MNOK | 211.4 MNOK |
| Operating profit | 12.4 MNOK | 14.9 MNOK | 25.6 MNOK |
| Profit before tax | 12.7 MNOK | 15.4 MNOK | 26.1 MNOK |
| Net profit | 9.9 MNOK | 12.0 MNOK | 20.4 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 43.4 MNOK | 56.5 MNOK | 79.9 MNOK |
| Current assets | 40.1 MNOK | 51.8 MNOK | 74.9 MNOK |
| Equity | 18.7 MNOK | 20.7 MNOK | 31.1 MNOK |
| Retained earnings | 18.2 MNOK | 20.2 MNOK | 30.6 MNOK |
| Total liabilities | 24.7 MNOK | 35.7 MNOK | 48.8 MNOK |
| Current liabilities | 21.7 MNOK | 31.5 MNOK | 43.4 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7158903.
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