Hycom Hydraulikk Competance AS

Org. no. 925029629 · Bergen · Founded 2020 · 28 employees

Score · fiscal year 2024

66of 100

How to read this: the company is ahead of 79 % of companies in the Morning class Medium in the same sector in 2024. What does this mean?

Rank in the Morning class Medium: 732 of 3,520 · What are Morning company classes?
Place in the whole sector: 4,718 of 22,333 · Handel

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 75 and solidity 76 out of 100 among companies in the Morning class Medium in the same sector in 2024. Methodology

Against the sector

Hycom Hydraulikk Competance AS is 16 points above the median for companies in the Morning class Medium in the same sector in 2024.

Median score 50 among 3,520 companies.

Against companies in the Morning class Medium in the same sector in 2024: operating margin 7.9% (median 2.9%) and equity ratio 49.7% (median 30.2%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue77 MNOK92 MNOK
Operating margin 7.9% 2.9% 82 %
Profit margin 8.0% 2.7% shown, not part of the index
Return on assets 17.6% 11.8% 68 %
Equity ratio 49.7% 30.2% 76 %
Debt-to-equity 1.01 2.23 75 %
Current ratio 1.89 1.40 72 %
Revenue growth 4.0% 5.1% 45 %
Revenue per employee2.76 MNOK4.92 MNOK

The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 66, Hycom Hydraulikk Competance AS does better than 79% of companies in the Morning class Medium in the same sector (3,520 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Hycom Hydraulikk Competance AS
  • Median: companies in the Morning class Medium in the same sector
Analysis · 2024

What the numbers say

Hycom Hydraulikk Competance AS had an operating margin of 7.9% and an equity ratio of 49.7% in 2024, and ranks 4,718 of 22,333 in Handel.

No large changes in the key figures from 2023 to 2024.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 18 MNOK and 49 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 4.9 MNOK 10.0 49 MNOK
EV/EBIT Operating profit: 6.1 MNOK
minus net debt 1.0 MNOK
8.0 48 MNOK
P/B Equity: 18.5 MNOK 1.0 18 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 · 2024

Worth a closer look

No rules were triggered for this year.

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

Financial costs were 1.8% of the debt in 2024. The policy rate averaged 4.50 % 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.

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 · 2024

What the score is made of

Profitability75 weight 30%
Solidity76 weight 25%
Liquidity72 weight 15%
Growth45 weight 15%
Consistency47 weight 15%

Durability: 69 (average over 2 years)

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

2024

Questions and answers

How profitable is Hycom Hydraulikk Competance AS?

The operating margin was 7.9% in 2024, against a median of 2.9% among companies in the Morning class Medium in the same sector. Return on assets was 17.6%.

How solid is Hycom Hydraulikk Competance AS?

The equity ratio was 49.7% in 2024 (median 30.2%). Debt-to-equity was 1.01 (median 2.23).

What is the liquidity of Hycom Hydraulikk Competance AS like?

The current ratio was 1.89 in 2024 (median 1.40).

How does Hycom Hydraulikk Competance AS compare in Handel?

Hycom Hydraulikk Competance AS ranks 4,718 of 22,333 in Handel for 2024. Among companies in the Morning class Medium it is number 732 of 3,520. Revenue changed by 4.0% from the year before.

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.
925029629
Legal form
AS · part of a group
Sector
Handel (46.640)
Morning company class
Medium
Employees
28 registered 10 August 2026
Founded
27 April 2020 6 years in operation
Share capital
0.30 MNOK
Business address
Håkonshellaveien 201, 5174 MATHOPEN (BERGEN)
Municipality
Bergen rank 8 of 11 in KOSTRA group 12
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
Stian Andre Mjøs
Chair of the board
Tom Arne Solhaug
Board member
Erik Aursnes Dammen
Board member
Nils Oskar Jegstad
Auditor
Pricewaterhousecoopers AS

Source: Central Coordinating Register, fetched 31 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
Index726644
Rank3,6884,71814,330
Operating margin6.5%7.9%−1.6%
Return on assets16.4%17.6%−3.2%
Equity ratio53.1%49.7%61.0%
Current ratio2.181.892.43
Revenue growth–4.0%−12.5%

Accounts

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

Key figure202320242025
Operating revenue74.4 MNOK77.3 MNOK67.7 MNOK
Operating profit4.8 MNOK6.1 MNOK−1.1 MNOK
Profit before tax4.9 MNOK6.2 MNOK−1.2 MNOK
Net profit4.2 MNOK4.9 MNOK−0.9 MNOK
Financial expenses0.3 MNOK0.3 MNOK0.2 MNOK
Total assets31.5 MNOK37.2 MNOK28.8 MNOK
Current assets22.2 MNOK26.9 MNOK26.9 MNOK
Equity16.7 MNOK18.5 MNOK17.6 MNOK
Retained earnings7.3 MNOK9.0 MNOK7.5 MNOK
Total liabilities14.8 MNOK18.7 MNOK11.2 MNOK
Current liabilities10.2 MNOK14.2 MNOK11.1 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5532651.