HELGANES KRAFT AS
Score · fiscal year 2024
76of 100
How to read this: the company is ahead of 97 % of small companies in the same sector in 2024. What does this mean?
Rank: 33 of 1,020 · Kraft og energi
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 88 and solidity 84 out of 100 among small companies in the same sector in 2024. Methodology
Against the sector
HELGANES KRAFT AS is 26 points above the median for small companies in the same sector in 2024.
Median score 50 among 825 companies.
Against small companies in the same sector in 2024: operating margin 49.8% (median 6.7%) and equity ratio 92.0% (median 36.7%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 5 MNOK | 3 MNOK |
| Operating margin | 49.8% | 6.7% |
| Profit margin | 52.8% | 3.1% |
| Return on assets | 17.4% | 0.2% |
| Equity ratio | 92.0% | 36.7% |
| Debt-to-equity | 0.09 | 0.96 |
| Current ratio | 5.10 | 1.57 |
| Revenue growth | −25.9% | −6.7% |
The median and “ahead of” refer to small companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 76, HELGANES KRAFT AS does better than 97% of small companies in the same sector (827 companies) in 2024.
Score 2023–2025
- HELGANES KRAFT AS
- Median: small companies in the same sector
What the numbers say
HELGANES KRAFT AS had an operating margin of 49.8% and an equity ratio of 92.0% in 2024, and ranks 33 of 1,020 in Kraft og energi.
From 2023 to 2024: the operating margin fell from 70.9% to 49.8% and the equity ratio rose from 70.2% to 92.0%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 15 MNOK and 26 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 22 MNOK |
| EV/EBIT | 8.0 | 26 MNOK |
| P/B | 1.0 | 15 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
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 49.8% (median 6.7%); Equity ratio 92.0% (median 36.7%); Current ratio 5.10 (median 1.57).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
No anomalies found in the figures.
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 0.3%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 88 | weight 30% |
|---|---|---|
| Solidity | 84 | weight 25% |
| Liquidity | 76 | weight 15% |
| Growth | 26 | weight 15% |
| Consistency | 90 | weight 15% |
Durability: 77 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is HELGANES KRAFT AS?
The operating margin was 49.8% in 2024, against a median of 6.7% among small companies in the same sector. Return on assets was 17.4%.
How solid is HELGANES KRAFT AS?
The equity ratio was 92.0% in 2024 (median 36.7%). Debt-to-equity was 0.09 (median 0.96).
What is the liquidity of HELGANES KRAFT AS like?
The current ratio was 5.10 in 2024 (median 1.57).
How does HELGANES KRAFT AS compare in Kraft og energi?
HELGANES KRAFT AS ranks 33 of 1,020 in Kraft og energi for 2024. Among companies of the same size (small companies) it ranks 26 of 827. Revenue changed by −25.9% from the year before.
From the Central Coordinating Register
- Org. no.
- 927210592
- Legal form
- AS
- Sector
- Kraft og energi (35.121)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 13 May 2021 5 years in operation
- Share capital
- 0.06 MNOK
- Business address
- Kvilldalsvegen 28, 4237 SULDALSOSEN
- Municipality
- Suldal rank 2–7 of 8 in KOSTRA group 17
- 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
- Chair of the board
- Eirik Thune Øritsland
- Board member
- Jan Terje Solhaug
- Board member
- Øystein Flåt
- Auditor
- REVISJON RYFYLKE AS
Source: Central Coordinating Register, fetched 25 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 27 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 78 | 76 | 82 | |
| Rank | 51 | 33 | 14 | |
| Operating margin | 70.9% | 49.8% | 62.7% | |
| Return on assets | 28.9% | 17.4% | 20.1% | |
| Equity ratio | 70.2% | 92.0% | 88.9% | |
| Current ratio | 1.52 | 5.10 | 4.94 | |
| Revenue growth | – | −25.9% | 14.0% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 7.2 MNOK | 5.3 MNOK | 6.1 MNOK |
| Operating profit | 5.1 MNOK | 2.7 MNOK | 3.8 MNOK |
| Profit before tax | 5.2 MNOK | 2.8 MNOK | 4.0 MNOK |
| Net profit | 3.9 MNOK | 2.2 MNOK | 3.1 MNOK |
| Financial expenses | 0.1 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 18.3 MNOK | 16.2 MNOK | 19.7 MNOK |
| Current assets | 8.1 MNOK | 6.1 MNOK | 10.5 MNOK |
| Equity | 12.8 MNOK | 14.9 MNOK | 17.5 MNOK |
| Retained earnings | 11.9 MNOK | 13.9 MNOK | 16.5 MNOK |
| Total liabilities | 5.4 MNOK | 1.3 MNOK | 2.2 MNOK |
| Current liabilities | 5.4 MNOK | 1.2 MNOK | 2.1 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 5473607.
Further
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