A. HESKESTAD AS

Org. no. 922061238 · FARSUND · Founded 2019

Score · fiscal year 2025

49of 100

How to read this: the company is ahead of 49 % of small companies in the same sector in 2025. What does this mean?

Rank: 19,952 of 38,669 · Handel

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 65 and solidity 0 out of 100 among small companies in the same sector in 2025. Methodology

Against the sector

A. HESKESTAD AS is 1 points below the median for small companies in the same sector in 2025.

Median score 50 among 36,109 companies.

Against small companies in the same sector in 2025: operating margin 5.7% (median 2.5%) and equity ratio −59.7% (median 38.3%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue1 MNOK3 MNOK
Operating margin 5.7% 2.5% 65 %
Profit margin 2.8% 2.2% shown, not part of the index
Return on assets 10.0% 4.0% 64 %
Equity ratio −59.7% 38.3% 10 %
Debt-to-equity – 0.99 not compared
Current ratio 3.55 1.70 75 %
Revenue growth 36.2% 3.5% 83 %

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 49, A. HESKESTAD AS does better than 49% of small companies in the same sector (36,578 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • A. HESKESTAD AS
  • Median: small companies in the same sector
Summary analysis

A. HESKESTAD AS has a score of 49 for 2025, rank 19,952 of 38,669 in the sector.

Strongest: Growth: percentile 83 against peers, revenue growth 36.2% against a median of 3.5%. Liquidity: percentile 75 against peers, current ratio 3.55 against a median of 1.70.

Weakest: Solidity: percentile 0 against peers, equity ratio −59.7% against a median of 38.3%.

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

A. HESKESTAD AS had an operating margin of 5.7% and an equity ratio of −59.7% in 2025, and ranks 19,952 of 38,669 in Handel.

From 2024 to 2025: the operating margin fell from 49.3% to 5.7% and revenue grew by 36%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

One method gives a figure: 0 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.0 MNOK 10.0 0 MNOK
EV/EBIT Operating profit: 0.0 MNOK
minus net debt 0.4 MNOK
8.0 debt above value
P/B Equity: −0.2 MNOK 1.0 not meaningful

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

Indications · 2025

Worth a closer look

  • critical

    Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?

    Based on: Equity ratio −59.7% (median 38.3%).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 3.1% 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

  • critical Negative equity
Stress test · 2017

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

Components · 2025

What the score is made of

Profitability65 weight 30%
Solidity0 weight 25%
Liquidity75 weight 15%
Growth83 weight 15%
Consistency43 weight 15%

Durability: 42 (average over 3 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is A. HESKESTAD AS?

The operating margin was 5.7% in 2025, against a median of 2.5% among small companies in the same sector. Return on assets was 10.0%.

How solid is A. HESKESTAD AS?

The equity ratio was −59.7% in 2025 (median 38.3%). Equity is negative, so liabilities exceed assets.

What is the liquidity of A. HESKESTAD AS like?

The current ratio was 3.55 in 2025 (median 1.70).

How does A. HESKESTAD AS compare in Handel?

A. HESKESTAD AS ranks 19,952 of 38,669 in Handel for 2025. Among companies of the same size (small companies) it ranks 18,674 of 36,578. Revenue changed by 36.2% from the year before.

From the Central Coordinating Register

Org. no.
922061238
Legal form
AS
Sector
Handel (47.810)
Size tier
small
Employees
0–4 (not registered)
Founded
1 January 2019 7 years in operation
Share capital
0.03 MNOK
Business address
Elledalsveien 371, 4560 VANSE (FARSUND)
Municipality
Farsund rank 5–15 of 40 in KOSTRA group 1
Audit
Audit opted out from 15 January 2019
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
Andre Heskestad
Chair of the board
Andre Heskestad

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.

Report an issue

Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index245449
Rank29,13615,76419,952
Operating margin−7.1%49.3%5.7%
Return on assets−5.8%76.3%10.0%
Equity ratio−84.8%−73.9%−59.7%
Current ratio4.151.353.55
Revenue growth–25.7%36.2%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure202320242025
Operating revenue0.3 MNOK0.4 MNOK0.5 MNOK
Operating profit0.0 MNOK0.2 MNOK0.0 MNOK
Profit before tax−0.1 MNOK0.2 MNOK0.0 MNOK
Net profit−0.1 MNOK0.1 MNOK0.0 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets0.4 MNOK0.2 MNOK0.3 MNOK
Current assets0.3 MNOK0.2 MNOK0.3 MNOK
Equity−0.3 MNOK−0.2 MNOK−0.2 MNOK
Retained earnings−0.3 MNOK−0.2 MNOK−0.2 MNOK
Total liabilities0.7 MNOK0.4 MNOK0.5 MNOK
Current liabilities0.1 MNOK0.2 MNOK0.1 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6374381.

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