Hawi AS
Score · fiscal year 2025
44of 100
How to read this: the company is ahead of 38 % of companies in the Morning class Small in the same sector in 2025. What does this mean?
Rank in the Morning class Small: 258 of 413 · What are Morning company classes?
Place in the whole sector: 1,389 of 2,212 · Sjømat
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 0 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology
Against the sector
Hawi AS is 6 points below the median for companies in the Morning class Small in the same sector in 2025.
Median score 50 among 413 companies.
Against companies in the Morning class Small in the same sector in 2025: operating margin 18.2% (median 11.8%) and equity ratio −0.3% (median 30.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 29 MNOK | 22 MNOK |
| Operating margin | 18.2% | 11.8% |
| Profit margin | −31.2% | 5.4% |
| Return on assets | 5.2% | 6.8% |
| Equity ratio | −0.3% | 30.9% |
| Debt-to-equity | – | 1.91 |
| Current ratio | 4.20 | 1.62 |
| Revenue growth | 47.5% | 13.3% |
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 44, Hawi AS does better than 38% of companies in the Morning class Small in the same sector (413 companies) in 2025.
Score 2023–2025
- Hawi AS
- Median: companies in the Morning class Small in the same sector
Hawi AS has a score of 44 for 2025, rank 1,389 of 2,212 in the sector.
Strongest: Liquidity: percentile 85 against peers, current ratio 4.20 against a median of 1.62. Growth: percentile 81 against peers, revenue growth 47.5% against a median of 13.3%.
Weakest: Solidity: percentile 0 against peers, equity ratio −0.3% against a median of 30.9%. Consistency: percentile 23 against peers.
Worth a closer look
- Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern? Based on: equity ratio −0.3% (median 30.9%).
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −31.2% (median 5.4%).
- What lies behind weak solidity, and will it last?
- What lies behind weak consistency, 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
Hawi AS had an operating margin of 18.2% and an equity ratio of −0.3% in 2025, and ranks 1,389 of 2,212 in Sjømat.
From 2024 to 2025: the operating margin rose from −24.9% to 18.2% and revenue grew by 48%.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 44 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | 44 MNOK |
| P/B | 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
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 −0.3% (median 30.9%).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −31.2% (median 5.4%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 13.9% 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
- critical Negative equity
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 | 53 | weight 30% |
|---|---|---|
| Solidity | 0 | weight 25% |
| Liquidity | 85 | weight 15% |
| Growth | 81 | weight 15% |
| Consistency | 23 | weight 15% |
Durability: 34 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Hawi AS?
The operating margin was 18.2% in 2025, against a median of 11.8% among companies in the Morning class Small in the same sector. Return on assets was 5.2%. The company made a loss before tax.
How solid is Hawi AS?
The equity ratio was −0.3% in 2025 (median 30.9%). Equity is negative, so liabilities exceed assets.
What is the liquidity of Hawi AS like?
The current ratio was 4.20 in 2025 (median 1.62).
How does Hawi AS compare in Sjømat?
Hawi AS ranks 1,389 of 2,212 in Sjømat for 2025. Among companies in the Morning class Small it is number 258 of 413. Revenue changed by 47.5% from the year before.
From the Central Coordinating Register
- Org. no.
- 923112790
- Legal form
- AS
- Sector
- Sjømat (03.110)
- Morning company class
- Small
- Employees
- 0–4 (not registered)
- Founded
- 24 June 2019 7 years in operation
- Share capital
- 0.06 MNOK
- Business address
- Marøyvegen 6, 7900 RØRVIK (NÆRØYSUND)
- Municipality
- Nærøysund rank 2–7 of 9 in KOSTRA group 3
- 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 | 38 | 19 | 44 | |
| Rank | 1,437 | 1,872 | 1,389 | |
| Operating margin | 36.0% | −24.9% | 18.2% | |
| Return on assets | 5.8% | −2.5% | 5.2% | |
| Equity ratio | 2.4% | −3.4% | −0.3% | |
| Current ratio | 1.41 | 2.38 | 4.20 | |
| Revenue growth | – | −38.8% | 47.5% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 32.3 MNOK | 19.8 MNOK | 29.2 MNOK |
| Operating profit | 11.6 MNOK | −4.9 MNOK | 5.3 MNOK |
| Profit before tax | 2.4 MNOK | −14.7 MNOK | −9.1 MNOK |
| Net profit | 1.9 MNOK | −11.5 MNOK | −13.0 MNOK |
| Financial expenses | 9.2 MNOK | 9.8 MNOK | 14.5 MNOK |
| Total assets | 198.8 MNOK | 195.6 MNOK | 103.9 MNOK |
| Current assets | 15.2 MNOK | 5.5 MNOK | 93.6 MNOK |
| Equity | 4.9 MNOK | −6.6 MNOK | −0.3 MNOK |
| Retained earnings | −1.5 MNOK | −12.9 MNOK | −6.6 MNOK |
| Total liabilities | 194.0 MNOK | 202.2 MNOK | 104.2 MNOK |
| Current liabilities | 10.7 MNOK | 2.3 MNOK | 22.3 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6886936.
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