HVITSTEN II JV AS
Score · fiscal year 2023
84of 100
How to read this: the company is ahead of 94 % of medium-sized companies in the same sector in 2023. What does this mean?
Rank: 23 of 938 · Kraft og energi
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 92 and solidity 100 out of 100 among medium-sized companies in the same sector in 2023. Methodology
Against the sector
HVITSTEN II JV AS is 36 points above the median for medium-sized companies in the same sector in 2023.
Median score 48 among 138 companies.
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating margin | – | 20.5% |
| Profit margin | – | 18.1% |
| Return on assets | 31.9% | 7.3% |
| Equity ratio | 100.0% | 38.9% |
| Debt-to-equity | 0.00 | 1.44 |
| Current ratio | – | 1.20 |
| Revenue growth | – | – |
The median and “ahead of” refer to medium-sized companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 84, HVITSTEN II JV AS does better than 94% of medium-sized companies in the same sector (138 companies) in 2023.
Score 2023–2025
- HVITSTEN II JV AS
- Median: medium-sized companies in the same sector
What the numbers say
HVITSTEN II JV AS had an operating margin of – and an equity ratio of 100.0% in 2023, and ranks 23 of 938 in Kraft og energi.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 893 MNOK and 2,839 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 2,839 MNOK |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 893 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.
Data quality
- watch Revenue not reported
- watch No revenue but large assets
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 | 92 | weight 30% |
|---|---|---|
| Solidity | 100 | weight 25% |
| Liquidity | – | no data, left out |
| Growth | – | no data, left out |
| Consistency | 43 | weight 15% |
Index version 2. Data completeness 70%: the share of the weights that had data.
Questions and answers
How profitable is HVITSTEN II JV AS?
The operating margin was – in 2023, against a median of 20.5% among medium-sized companies in the same sector. Return on assets was 31.9%.
How solid is HVITSTEN II JV AS?
The equity ratio was 100.0% in 2023 (median 38.9%). Debt-to-equity was 0.00 (median 1.44).
How does HVITSTEN II JV AS compare in Kraft og energi?
HVITSTEN II JV AS ranks 23 of 938 in Kraft og energi for 2023. Among companies of the same size (medium-sized companies) it ranks 9 of 138.
From the Central Coordinating Register
- Org. no.
- 929193164
- Legal form
- AS
- Sector
- Kraft og energi (35.122)
- Size tier
- medium
- Employees
- 0–4 (not registered)
- Founded
- 12 April 2022 4 years in operation
- Share capital
- 1.13 MNOK
- Business address
- Fred. Olsens gate 2, 0152 OSLO
- Municipality
- Oslo rank 106–282 of 357 in Norway
- 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
- Sofie Eleanor Lilla Olsen Jebsen
- Board member
- Isabelle Juillard Thompsen
- Board member
- Lisa Vikdal Thorbjørnsrud
- Board member
- Ummuhan Holt
- Board member
- Baard Haugen
- Auditor
- KPMG 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 | 84 | 70 | 75 | |
| Rank | 23 | 74 | 52 | |
| Operating margin | – | – | – | |
| Return on assets | 31.9% | 6.7% | 8.5% | |
| Equity ratio | 100.0% | 100.0% | 100.0% | |
| Current ratio | – | – | – | |
| Revenue growth | – | – | – |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | – | – | – |
| Operating profit | −0.4 MNOK | −0.2 MNOK | −0.3 MNOK |
| Profit before tax | 284.0 MNOK | −69.7 MNOK | −63.5 MNOK |
| Net profit | 283.9 MNOK | −69.7 MNOK | −63.5 MNOK |
| Financial expenses | 0.7 MNOK | 121.4 MNOK | 119.0 MNOK |
| Total assets | 892.9 MNOK | 770.0 MNOK | 651.1 MNOK |
| Current assets | 2.1 MNOK | 0.5 MNOK | 0.6 MNOK |
| Equity | 892.9 MNOK | 770.0 MNOK | 651.1 MNOK |
| Retained earnings | 46.7 MNOK | – | – |
| Total liabilities | 0.0 MNOK | 0.0 MNOK | – |
| Current liabilities | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 4956977.
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