Hålogalandsvegen AS
Score · fiscal year 2023
41of 100
How to read this: the company is ahead of 35 % of companies in the Morning class Small in the same sector in 2023. What does this mean?
Rank in the Morning class Small: 3,308 of 5,100 · What are Morning company classes?
Place in the whole sector: 11,690 of 18,324 · Bygg og anlegg
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 61 and solidity 3 out of 100 among companies in the Morning class Small in the same sector in 2023. Methodology
Against the sector
Hålogalandsvegen AS is 10 points below the median for companies in the Morning class Small in the same sector in 2023.
Median score 51 among 5,100 companies.
Against companies in the Morning class Small in the same sector in 2023: operating margin 100.0% (median 5.1%) and equity ratio 0.3% (median 34.1%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 11 MNOK | 19 MNOK |
| Operating margin | 100.0% | 5.1% |
| Profit margin | 84.5% | 4.7% |
| Return on assets | 1.6% | 11.6% |
| Equity ratio | 0.3% | 34.1% |
| Debt-to-equity | 320.54 | 1.80 |
| Current ratio | 3.60 | 1.46 |
| Revenue growth | – | 3.3% |
The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 41, Hålogalandsvegen AS does better than 35% of companies in the Morning class Small in the same sector (5,100 companies) in 2023.
Score 2023–2025
- Hålogalandsvegen AS
- Median: companies in the Morning class Small in the same sector
What the numbers say
Hålogalandsvegen AS had an operating margin of 100.0% and an equity ratio of 0.3% in 2023, and ranks 11,690 of 18,324 in Bygg og anlegg.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 6 MNOK and 62 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 16.9 | 62 MNOK |
| EV/EBIT | 12.7 | debt above value |
| P/B | 1.6 | 6 MNOK |
The listed basis is the value at listed multiples. The estimate is lowered by 51% for an unlisted company: 20% for lack of marketability and 38% for size (a small-company premium of 4% on the cost of equity).
A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. See the calculation
Worth a closer look
- watch
The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?
Based on: Equity ratio 0.3% (median 34.1%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 1.2% of the debt in 2023. The policy rate averaged 3.54 % 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 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 | 61 | weight 30% |
|---|---|---|
| Solidity | 3 | weight 25% |
| Liquidity | 96 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 10 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is Hålogalandsvegen AS?
The operating margin was 100.0% in 2023, against a median of 5.1% among companies in the Morning class Small in the same sector. Return on assets was 1.6%.
How solid is Hålogalandsvegen AS?
The equity ratio was 0.3% in 2023 (median 34.1%). Debt-to-equity was 320.54 (median 1.80).
What is the liquidity of Hålogalandsvegen AS like?
The current ratio was 3.60 in 2023 (median 1.46).
How does Hålogalandsvegen AS compare in Bygg og anlegg?
Hålogalandsvegen AS ranks 11,690 of 18,324 in Bygg og anlegg for 2023. Among companies in the Morning class Small it is number 3,308 of 5,100.
Group accounts
The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.
Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 922789517
- Legal form
- AS · part of a group
- Sector
- Bygg og anlegg (42.110)
- Morning company class
- Small
- Employees
- 0–4 (not registered)
- Founded
- 28 March 2019 7 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Lakkegata 53, 0187 OSLO
- Municipality
- Oslo rank 63–220 of 357 in Norway
- Latest accounts filed
- 2025
- LEI
- 254900XGL991MYYK7K42 renews 6 June 2027
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.
- Parent company
- No parent company: owned by persons
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 29 October 2026. The parent is the one the company itself reported to GLEIF.
Shareholders (2025)
- Number of shareholders
- 2
- Largest owner
- 50.0%
- Split
- companies 100% · private persons 0% · foreign 50%
- Skanska Hedmarksvegen Invest AB (Sweden) · 50.0%
- SKANSKA NORGE KONSERNPENSJONSKASSE · 50.0%
The company is new in the shareholder register in 2025.
Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.
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 | 54 | 35 | |
| Rank | 11,690 | 8,196 | 15,447 | |
| Operating margin | 100.0% | 68.1% | 73.0% | |
| Return on assets | 1.6% | 1.7% | 2.6% | |
| Equity ratio | 0.3% | 0.6% | 1.2% | |
| Current ratio | 3.60 | 3.84 | 0.75 | |
| Revenue growth | – | 290.7% | 24.0% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 11.3 MNOK | 44.0 MNOK | 54.6 MNOK |
| Operating profit | 11.3 MNOK | 30.0 MNOK | 39.8 MNOK |
| Profit before tax | 9.5 MNOK | 43.2 MNOK | 45.0 MNOK |
| Tax expense | 2.1 MNOK | 9.5 MNOK | 9.9 MNOK |
| Net profit | 7.4 MNOK | 33.7 MNOK | 35.1 MNOK |
| Financial expenses | 28.7 MNOK | 64.7 MNOK | 124.1 MNOK |
| Total assets | 2,396.8 MNOK | 6,426.5 MNOK | 6,604.0 MNOK |
| Current assets | 1,285.9 MNOK | 2,862.3 MNOK | 231.8 MNOK |
| Equity | 7.5 MNOK | 41.1 MNOK | 76.2 MNOK |
| Retained earnings | 7.4 MNOK | 41.1 MNOK | 76.2 MNOK |
| Total liabilities | 2,389.4 MNOK | 6,385.4 MNOK | 6,527.8 MNOK |
| Current liabilities | 357.0 MNOK | 745.9 MNOK | 310.3 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 4823985.
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