MDH AS
Score · fiscal year 2024
73of 100
How to read this: the company is ahead of 90 % of small companies in the same sector in 2024. What does this mean?
Rank: 3,020 of 31,120 · Bygg og anlegg
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 90 and solidity 79 out of 100 among small companies in the same sector in 2024. Methodology
Against the sector
MDH AS is 23 points above the median for small companies in the same sector in 2024.
Median score 50 among 30,024 companies.
Against small companies in the same sector in 2024: operating margin 40.0% (median 3.8%) and equity ratio 73.8% (median 36.8%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 2 MNOK | 3 MNOK |
| Operating margin | 40.0% | 3.8% |
| Profit margin | 39.6% | 3.4% |
| Return on assets | 32.6% | 5.8% |
| Equity ratio | 73.8% | 36.8% |
| Debt-to-equity | 0.35 | 1.19 |
| Current ratio | 2.19 | 1.45 |
| Revenue growth | −20.0% | 1.8% |
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 73, MDH AS does better than 90% of small companies in the same sector (30,095 companies) in 2024.
Score 2023–2025
- MDH AS
- Median: small companies in the same sector
What the numbers say
MDH AS had an operating margin of 40.0% and an equity ratio of 73.8% in 2024, and ranks 3,020 of 31,120 in Bygg og anlegg.
From 2023 to 2024: the operating margin fell from 63.7% to 40.0% and the equity ratio rose from 62.3% to 73.8%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 2 MNOK and 6 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 5 MNOK |
| EV/EBIT | 8.0 | 6 MNOK |
| P/B | 1.0 | 2 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
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 1.2% 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.
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 2.4%. 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 | 90 | weight 30% |
|---|---|---|
| Solidity | 79 | weight 25% |
| Liquidity | 70 | weight 15% |
| Growth | 24 | weight 15% |
| Consistency | 83 | weight 15% |
Durability: 78 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is MDH AS?
The operating margin was 40.0% in 2024, against a median of 3.8% among small companies in the same sector. Return on assets was 32.6%.
How solid is MDH AS?
The equity ratio was 73.8% in 2024 (median 36.8%). Debt-to-equity was 0.35 (median 1.19).
What is the liquidity of MDH AS like?
The current ratio was 2.19 in 2024 (median 1.45).
How does MDH AS compare in Bygg og anlegg?
MDH AS ranks 3,020 of 31,120 in Bygg og anlegg for 2024. Among companies of the same size (small companies) it ranks 2,927 of 30,095. Revenue changed by −20.0% from the year before.
From the Central Coordinating Register
- Org. no.
- 928831051
- Legal form
- AS
- Sector
- Bygg og anlegg (43.120)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 15 February 2022 4 years in operation
- Share capital
- 0.03 MNOK
- Business address
- c/o Dan Herland, Kolbein Falkeids gate 3, 5532 HAUGESUND
- Municipality
- Haugesund rank 1–6 of 13 in KOSTRA group 10
- Audit
- Audit opted out from 26 February 2022
- 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
- Dan Olav Hemmingstad Herland
- Chair of the board
- Nina Håheim Herland
- Board member
- Dan Olav Hemmingstad Herland
- Accountant
- VIS REGNSKAP AS
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 27 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 83 | 73 | 61 | |
| Rank | 1,519 | 3,020 | 9,188 | |
| Operating margin | 63.7% | 40.0% | 10.5% | |
| Return on assets | 81.6% | 32.6% | 9.3% | |
| Equity ratio | 62.3% | 73.8% | 48.8% | |
| Current ratio | 2.31 | 2.19 | 1.24 | |
| Revenue growth | – | −20.0% | 88.8% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 2.2 MNOK | 1.8 MNOK | 3.4 MNOK |
| Operating profit | 1.4 MNOK | 0.7 MNOK | 0.4 MNOK |
| Profit before tax | 1.4 MNOK | 0.7 MNOK | 0.3 MNOK |
| Net profit | 1.1 MNOK | 0.5 MNOK | 0.3 MNOK |
| Financial expenses | – | 0.0 MNOK | 0.0 MNOK |
| Total assets | 1.7 MNOK | 2.2 MNOK | 3.8 MNOK |
| Current assets | 1.5 MNOK | 1.2 MNOK | 1.2 MNOK |
| Equity | 1.1 MNOK | 1.6 MNOK | 1.8 MNOK |
| Retained earnings | 1.1 MNOK | 1.6 MNOK | 1.8 MNOK |
| Total liabilities | 0.7 MNOK | 0.6 MNOK | 1.9 MNOK |
| Current liabilities | 0.6 MNOK | 0.5 MNOK | 0.9 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 5787821.
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