HG Willassen AS
Score · fiscal year 2025
81of 100
How to read this: the company is ahead of 98 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?
Rank in the Morning class Micro: 27 of 1,197 · What are Morning company classes?
Place in the whole sector: 49 of 2,212 · Sjømat
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 71 and solidity 97 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology
Against the sector
HG Willassen AS is 31 points above the median for companies in the Morning class Micro in the same sector in 2025.
Median score 50 among 1,197 companies.
Against companies in the Morning class Micro in the same sector in 2025: operating margin 28.4% (median 13.6%) and equity ratio 94.6% (median 34.3%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 4 MNOK | 3 MNOK |
| Operating margin | 28.4% | 13.6% |
| Profit margin | 41.6% | 9.7% |
| Return on assets | 11.9% | 7.4% |
| Equity ratio | 94.6% | 34.3% |
| Debt-to-equity | 0.06 | 1.46 |
| Current ratio | 14.57 | 1.72 |
| Revenue growth | 1,980.2% | 23.6% |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 81, HG Willassen AS does better than 98% of companies in the Morning class Micro in the same sector (1,197 companies) in 2025.
Score 2023–2025
- HG Willassen AS
- Median: companies in the Morning class Micro in the same sector
HG Willassen AS has a score of 81 for 2025, rank 49 of 2,212 in the sector.
Strongest: Growth: percentile 98 against peers, revenue growth 1,980.2% against a median of 23.6%. Solidity: percentile 97 against peers, equity ratio 94.6% against a median of 34.3%.
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
HG Willassen AS had an operating margin of 28.4% and an equity ratio of 94.6% in 2025, and ranks 49 of 2,212 in Sjømat.
From 2024 to 2025: the operating margin rose from −696.2% to 28.4% and revenue grew by 1,980%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 14 MNOK and 19 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 15 MNOK |
| EV/EBIT | 8.0 | 14 MNOK |
| P/B | 1.0 | 19 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
- positive
Upper quartile on profitability, solidity and liquidity. What sets this company apart from the rest of the sector?
Based on: Operating margin 28.4% (median 13.6%); Equity ratio 94.6% (median 34.3%); Current ratio 14.57 (median 1.72).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 76.6% 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.
See interest rates, prices and exchange rates for the sector
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 −0.5%. 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 | 71 | weight 30% |
|---|---|---|
| Solidity | 97 | weight 25% |
| Liquidity | 95 | weight 15% |
| Growth | 98 | weight 15% |
| Consistency | 44 | weight 15% |
Durability: 83 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is HG Willassen AS?
The operating margin was 28.4% in 2025, against a median of 13.6% among companies in the Morning class Micro in the same sector. Return on assets was 11.9%.
How solid is HG Willassen AS?
The equity ratio was 94.6% in 2025 (median 34.3%). Debt-to-equity was 0.06 (median 1.46).
What is the liquidity of HG Willassen AS like?
The current ratio was 14.57 in 2025 (median 1.72).
How does HG Willassen AS compare in Sjømat?
HG Willassen AS ranks 49 of 2,212 in Sjømat for 2025. Among companies in the Morning class Micro it is number 27 of 1,197. Revenue changed by 1,980.2% from the year before.
From the Central Coordinating Register
- Org. no.
- 919507780
- Legal form
- AS
- Sector
- Sjømat (03.110)
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 14 June 2017 9 years in operation
- Share capital
- 1.00 MNOK
- Business address
- Børaveien 13, 8387 FREDVANG (FLAKSTAD)
- Municipality
- Flakstad rank 17–30 of 36 in KOSTRA group 15
- 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
Loading roles …
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 | 86 | – | 81 | |
| Rank | 79 | – | 49 | |
| Operating margin | 27.7% | −696.2% | 28.4% | |
| Return on assets | 11.7% | 0.0% | 11.9% | |
| Equity ratio | 95.5% | 97.5% | 94.6% | |
| Current ratio | 14.01 | 18.52 | 14.57 | |
| Revenue growth | – | −95.9% | 1,980.2% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 4.3 MNOK | 0.2 MNOK | 3.7 MNOK |
| Operating profit | 1.2 MNOK | −1.2 MNOK | 1.0 MNOK |
| Profit before tax | 2.1 MNOK | 0.0 MNOK | 1.5 MNOK |
| Net profit | 2.1 MNOK | 0.0 MNOK | 1.5 MNOK |
| Financial expenses | 0.3 MNOK | 0.0 MNOK | 0.8 MNOK |
| Total assets | 20.2 MNOK | 19.2 MNOK | 19.7 MNOK |
| Current assets | 12.8 MNOK | 8.8 MNOK | 15.4 MNOK |
| Equity | 19.3 MNOK | 18.7 MNOK | 18.6 MNOK |
| Retained earnings | 12.5 MNOK | 11.9 MNOK | 11.8 MNOK |
| Total liabilities | 0.9 MNOK | 0.5 MNOK | 1.1 MNOK |
| Current liabilities | 0.9 MNOK | 0.5 MNOK | 1.1 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7086996.
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