HOV PROSJEKT AS
Score · fiscal year 2025
50of 100
How to read this: the company is ahead of 49 % of companies in the Morning class Small in the same sector in 2025. What does this mean?
Rank in the Morning class Small: 9,876 of 19,515 · What are Morning company classes?
Place in the whole sector: 10,346 of 20,440 · Bygg og anlegg
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 53 and solidity 21 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology
Against the sector
HOV PROSJEKT AS is at the median for companies in the Morning class Small in the same sector in 2025.
Median score 50 among 19,508 companies.
Against companies in the Morning class Small in the same sector in 2025: operating margin 2.7% (median 3.9%) and equity ratio 14.4% (median 33.3%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 57 MNOK | 5 MNOK |
| Operating margin | 2.7% | 3.9% |
| Profit margin | 2.4% | 3.5% |
| Return on assets | 14.7% | 9.0% |
| Equity ratio | 14.4% | 33.3% |
| Debt-to-equity | 5.95 | 1.56 |
| Current ratio | 1.12 | 1.44 |
| Revenue growth | 110.9% | 6.1% |
| Revenue per employee | 2.72 MNOK | 1.48 MNOK |
The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 50, HOV PROSJEKT AS does better than 49% of companies in the Morning class Small in the same sector (19,515 companies) in 2025.
Score 2023–2025
- HOV PROSJEKT AS
- Median: companies in the Morning class Small in the same sector
HOV PROSJEKT AS has a score of 50 for 2025, rank 10,346 of 20,440 in the sector.
Strongest: Growth: percentile 92 against peers, revenue growth 110.9% against a median of 6.1%. Consistency: percentile 69 against peers.
Weakest: Solidity: percentile 21 against peers, equity ratio 14.4% against a median of 33.3%. Liquidity: percentile 32 against peers, current ratio 1.12 against a median of 1.44.
Worth a closer look
- Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have? Based on: revenue growth 110.9% (median 6.1%); current ratio 1.12 (median 1.44).
- What lies behind weak solidity, 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
HOV PROSJEKT AS had an operating margin of 2.7% and an equity ratio of 14.4% in 2025, and ranks 10,346 of 20,440 in Bygg og anlegg.
From 2024 to 2025: revenue grew by 111%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 1 MNOK and 14 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 11 MNOK |
| EV/EBIT | 8.0 | 14 MNOK |
| P/B | 1.0 | 1 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
Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?
Based on: Revenue growth 110.9% (median 6.1%); Current ratio 1.12 (median 1.44).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 1.6% 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.
Data quality
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
We have no accounts for 2021, the sector's weakest year, for this company.
The sector's weakest year was 2021, with a median operating margin of 1.8%. 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 | 53 | weight 30% |
|---|---|---|
| Solidity | 21 | weight 25% |
| Liquidity | 32 | weight 15% |
| Growth | 92 | weight 15% |
| Consistency | 69 | weight 15% |
Durability: 40 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is HOV PROSJEKT AS?
The operating margin was 2.7% in 2025, against a median of 3.9% among companies in the Morning class Small in the same sector. Return on assets was 14.7%.
How solid is HOV PROSJEKT AS?
The equity ratio was 14.4% in 2025 (median 33.3%). Debt-to-equity was 5.95 (median 1.56).
What is the liquidity of HOV PROSJEKT AS like?
The current ratio was 1.12 in 2025 (median 1.44).
How does HOV PROSJEKT AS compare in Bygg og anlegg?
HOV PROSJEKT AS ranks 10,346 of 20,440 in Bygg og anlegg for 2025. Among companies in the Morning class Small it is number 9,876 of 19,515. Revenue changed by 110.9% from the year before.
From the Central Coordinating Register
- Org. no.
- 921298331
- Legal form
- AS
- Sector
- Bygg og anlegg (41.000)
- Morning company class
- Small
- Employees
- 21 registered 10 September 2026
- Founded
- 14 August 2018 8 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Hammervollhagen 19, 6460 EIDSVÅG I ROMSDAL (MOLDE)
- Municipality
- Molde rank 1–8 of 13 in KOSTRA group 10
- 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
- Vebjørn Angvik Bersås
- Chair of the board
- Ove Bersås
- Board member
- Vebjørn Angvik Bersås
- Board member
- Håkon Angvik Bersås
- Auditor
- ROMSDAL REVISJON AS
- Accountant
- BØNDENES REGNSKAPSLAG SA
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 | 43 | 50 | |
| Rank | 14,840 | 12,664 | 10,346 | |
| Operating margin | 1.8% | 2.4% | 2.7% | |
| Return on assets | 6.0% | 9.1% | 14.7% | |
| Equity ratio | 8.3% | 11.6% | 14.4% | |
| Current ratio | 1.09 | 1.07 | 1.12 | |
| Revenue growth | – | 41.7% | 110.9% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 19.1 MNOK | 27.0 MNOK | 57.1 MNOK |
| Operating profit | 0.3 MNOK | 0.7 MNOK | 1.5 MNOK |
| Profit before tax | 0.2 MNOK | 0.5 MNOK | 1.4 MNOK |
| Net profit | 0.1 MNOK | 0.4 MNOK | 1.1 MNOK |
| Financial expenses | 0.1 MNOK | 0.2 MNOK | 0.1 MNOK |
| Total assets | 5.5 MNOK | 7.3 MNOK | 10.3 MNOK |
| Current assets | 4.7 MNOK | 6.6 MNOK | 9.2 MNOK |
| Equity | 0.5 MNOK | 0.9 MNOK | 1.5 MNOK |
| Retained earnings | 0.4 MNOK | 0.8 MNOK | 1.4 MNOK |
| Total liabilities | 5.1 MNOK | 6.5 MNOK | 8.8 MNOK |
| Current liabilities | 4.3 MNOK | 6.2 MNOK | 8.2 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6705154.
Further
Similar companies
- BYGG OG NATURSTEIN AS index 50, rank 10,344 · compare
- NORDVEST FJELLSPRENGNING AS index 50, rank 10,345 · compare
- BJARNE BERGHEIM AS index 50, rank 10,347 · compare
- EINES RØR AS index 50, rank 10,348 · compare
- HERMES VVS AS index 50, rank 10,349 · compare