LOCUS HYDRO AS
Score · fiscal year 2024
Not enough data: Revenue not reported
Based on the annual accounts for 2024
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating margin | – | 22.2% |
| Profit margin | – | 15.1% |
| Return on assets | 4.4% | 8.0% |
| Equity ratio | 38.4% | 35.0% |
| Debt-to-equity | 1.61 | 1.86 |
| Current ratio | 32.16 | 1.08 |
| Revenue growth | – | −18.1% |
The median and “ahead of” refer to companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
Score 2023–2025
- LOCUS HYDRO AS
- Median: companies in the same sector
What the numbers say
LOCUS HYDRO AS had an equity ratio of 38.4% in 2024. The company is not ranked: revenue not reported.
No large changes in the key figures from 2023 to 2024.
LOCUS HYDRO AS did about the same as the sector in 2025, the sector's weakest year.
This text is generated automatically from the 2024 accounts.
Three simple methods
One method gives a figure: 408 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 408 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 company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin – (median 15.1%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 14.3% of the debt in 2024. The policy rate averaged 4.50 % 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
The operating margin was −68.1% in 2025 (sector median 15.8%), and the equity ratio 43.9%. In the other years the operating margin averaged −552.8%.
The sector's weakest year was 2025, with a median operating margin of 15.8%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
Questions and answers
How profitable is LOCUS HYDRO AS?
The operating margin was – in 2024, against a median of 22.2% among companies in the same sector. Return on assets was 4.4%. The company made a loss before tax.
How solid is LOCUS HYDRO AS?
The equity ratio was 38.4% in 2024 (median 35.0%). Debt-to-equity was 1.61 (median 1.86).
What is the liquidity of LOCUS HYDRO AS like?
The current ratio was 32.16 in 2024 (median 1.08).
Group accounts · 2025
44 of 100
Rank 939 of 1479 groups with group accounts. Groups are ranked only against each other, not against single companies.
- Operating revenue, group
- 41 MNOK
- Operating profit, group
- −24 MNOK
- Profit before tax, group
- −58 MNOK
- Total assets, group
- 1,244 MNOK
- Equity, group
- 407 MNOK
| Key figure | The group | The company alone (2024) |
|---|---|---|
| Operating margin | −59.1% | – |
| Return on assets | 0.7% | – |
| Equity ratio | 32.7% | – |
| Current ratio | 1.79 | – |
| Revenue growth | 28.2% | – |
Group index in earlier years: 2023: 32 (1505 of 1908), 2024: 45 (928 of 1528).
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.
- 920176321
- Legal form
- AS
- Sector
- Kraft og energi (35.121)
- Size tier
- large
- Employees
- 0–4 (not registered)
- Founded
- 7 December 2017 8 years in operation
- Share capital
- 0.06 MNOK
- Business address
- Schweigaards gate 14, 0185 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
- Chair of the board
- Kristoffer Kjelstadli
- Board member
- Joen Anders Emil Averstad
- Auditor
- ERNST & YOUNG AS
- Accountant
- ENORA 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 | 41 | – | 42 | |
| Rank | 582 | – | 580 | |
| Operating margin | −552.8% | – | −68.1% | |
| Return on assets | 3.1% | 4.4% | 4.9% | |
| Equity ratio | 41.3% | 38.4% | 43.9% | |
| Current ratio | 285.98 | 32.16 | 1.88 | |
| Revenue growth | – | – | – |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 3.9 MNOK | – | 4.0 MNOK |
| Operating profit | −21.7 MNOK | −13.7 MNOK | −2.8 MNOK |
| Profit before tax | −51.7 MNOK | −47.0 MNOK | 3.6 MNOK |
| Net profit | −51.7 MNOK | −47.0 MNOK | 13.0 MNOK |
| Financial expenses | 79.4 MNOK | 93.6 MNOK | 66.6 MNOK |
| Total assets | 891.1 MNOK | 1,063.2 MNOK | 1,432.0 MNOK |
| Current assets | 554.3 MNOK | 47.5 MNOK | 112.5 MNOK |
| Equity | 368.0 MNOK | 407.9 MNOK | 629.3 MNOK |
| Retained earnings | −109.0 MNOK | −156.0 MNOK | −185.7 MNOK |
| Total liabilities | 523.1 MNOK | 655.3 MNOK | 802.7 MNOK |
| Current liabilities | 1.9 MNOK | 1.5 MNOK | 59.9 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5869511.