Dhs AS

Org. no. 924541490 · Larvik · Founded 2020 · 5 employees

Score · fiscal year 2025

78of 100

How to read this: the company is ahead of 95 % of companies in the Morning class Small in the same sector in 2025. What does this mean?

Rank in the Morning class Small: 337 of 7,414 · What are Morning company classes?
Place in the whole sector: 1,126 of 22,952 · Handel

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 80 and solidity 84 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology

Against the sector

Dhs AS is 27 points above the median for companies in the Morning class Small in the same sector in 2025.

Median score 51 among 7,414 companies.

Against companies in the Morning class Small in the same sector in 2025: operating margin 8.0% (median 3.4%) and equity ratio 68.1% (median 36.3%).

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 revenue39 MNOK20 MNOK
Operating margin 8.0% 3.4% 76 %
Profit margin 8.5% 3.0% shown, not part of the index
Return on assets 27.5% 10.0% 84 %
Equity ratio 68.1% 36.3% 85 %
Debt-to-equity 0.47 1.51 83 %
Current ratio 2.89 1.73 78 %
Revenue growth 16.8% 5.7% 74 %
Revenue per employee7.84 MNOK2.08 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 78, Dhs AS does better than 95% of companies in the Morning class Small in the same sector (7,414 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Dhs AS
  • Median: companies in the Morning class Small in the same sector
Summary analysis

Dhs AS has a score of 78 for 2025, rank 1,126 of 22,952 in the sector.

Strongest: Solidity: percentile 84 against peers, equity ratio 68.1% against a median of 36.3%. Profitability: percentile 80 against peers, operating margin 8.0% against a median of 3.4%.

No area is clearly below its peers.

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

Dhs AS had an operating margin of 8.0% and an equity ratio of 68.1% in 2025, and ranks 1,126 of 22,952 in Handel.

From 2024 to 2025: the equity ratio rose from 57.1% to 68.1% and revenue grew by 17%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 8 MNOK and 34 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 2.6 MNOK 10.0 26 MNOK
EV/EBIT Operating profit: 3.1 MNOK
minus net debt −8.9 MNOK
8.0 34 MNOK
P/B Equity: 8.3 MNOK 1.0 8 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

Indications · 2025

Worth a closer look

  • positive

    Upper quartile on profitability, solidity and liquidity. What sets this company apart from the rest of the sector?

    Based on: Operating margin 8.0% (median 3.4%); Equity ratio 68.1% (median 36.3%); Current ratio 2.89 (median 1.73).

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

See interest rates, prices and exchange rates for the sector

Data quality

No anomalies found in the figures.

Stress test · 2022

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 1.5%. 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

Profitability80 weight 30%
Solidity84 weight 25%
Liquidity78 weight 15%
Growth74 weight 15%
Consistency68 weight 15%

Durability: 80 (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 Dhs AS?

The operating margin was 8.0% in 2025, against a median of 3.4% among companies in the Morning class Small in the same sector. Return on assets was 27.5%.

How solid is Dhs AS?

The equity ratio was 68.1% in 2025 (median 36.3%). Debt-to-equity was 0.47 (median 1.51).

What is the liquidity of Dhs AS like?

The current ratio was 2.89 in 2025 (median 1.73).

How does Dhs AS compare in Handel?

Dhs AS ranks 1,126 of 22,952 in Handel for 2025. Among companies in the Morning class Small it is number 337 of 7,414. Revenue changed by 16.8% from the year before.

From the Central Coordinating Register

Org. no.
924541490
Legal form
AS
Sector
Handel (46.610)
Morning company class
Small
Employees
5 registered 10 April 2026
Founded
22 January 2020 6 years in operation
Share capital
0.20 MNOK
Business address
Hegdalringen 24, 3261 LARVIK
Municipality
Larvik rank 4 of 10 in KOSTRA group 11
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.

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index887378
Rank6542,4701,126
Operating margin10.5%9.1%8.0%
Return on assets35.2%22.2%27.5%
Equity ratio70.9%57.1%68.1%
Current ratio3.292.202.89
Revenue growth–24.1%16.8%

Accounts

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

Key figure202320242025
Operating revenue27.0 MNOK33.5 MNOK39.2 MNOK
Operating profit2.8 MNOK3.1 MNOK3.1 MNOK
Profit before tax2.8 MNOK2.9 MNOK3.3 MNOK
Net profit2.2 MNOK2.3 MNOK2.6 MNOK
Financial expenses0.2 MNOK0.3 MNOK–
Total assets8.5 MNOK14.5 MNOK12.2 MNOK
Current assets8.1 MNOK13.6 MNOK11.2 MNOK
Equity6.0 MNOK8.3 MNOK8.3 MNOK
Retained earnings5.8 MNOK8.1 MNOK8.1 MNOK
Total liabilities2.5 MNOK6.2 MNOK3.9 MNOK
Current liabilities2.5 MNOK6.2 MNOK3.9 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6834068.