NORWIND HELM AS
Score · fiscal year 2025
45of 100
How to read this: the company is ahead of 37 % of companies in the Morning class Medium in the same sector in 2025. What does this mean?
Rank in the Morning class Medium: 1,104 of 1,765 · What are Morning company classes?
Place in the whole sector: 12,401 of 20,428 · Bygg og anlegg
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 62 and solidity 16 out of 100 among companies in the Morning class Medium in the same sector in 2025. Methodology
Against the sector
NORWIND HELM AS is 5 points below the median for companies in the Morning class Medium in the same sector in 2025.
Median score 50 among 1,764 companies.
Against companies in the Morning class Medium in the same sector in 2025: operating margin 35.9% (median 4.5%) and equity ratio 15.8% (median 30.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 146 MNOK | 91 MNOK |
| Operating margin | 35.9% | 4.5% |
| Profit margin | 24.5% | 4.5% |
| Return on assets | 3.6% | 11.4% |
| Equity ratio | 15.8% | 30.4% |
| Debt-to-equity | 5.32 | 2.23 |
| Current ratio | 0.94 | 1.38 |
| Revenue growth | 576.4% | 6.8% |
The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 45, NORWIND HELM AS does better than 37% of companies in the Morning class Medium in the same sector (1,765 companies) in 2025.
Score 2023–2025
- NORWIND HELM AS
- Median: companies in the Morning class Medium in the same sector
NORWIND HELM AS has a score of 45 for 2025, rank 12,401 of 20,428 in the sector.
Strongest: Growth: percentile 99 against peers, revenue growth 576.4% against a median of 6.8%. Profitability: percentile 62 against peers, operating margin 35.9% against a median of 4.5%.
Weakest: Liquidity: percentile 9 against peers, current ratio 0.94 against a median of 1.38. Solidity: percentile 16 against peers, equity ratio 15.8% against a median of 30.4%.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 1.1 times current assets. Based on: current ratio 0.94 (median 1.38).
- Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have? Based on: revenue growth 576.4% (median 6.8%); current ratio 0.94 (median 1.38).
- What lies behind weak solidity, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
NORWIND HELM AS had an operating margin of 35.9% and an equity ratio of 15.8% in 2025, and ranks 12,401 of 20,428 in Bygg og anlegg.
From 2024 to 2025: revenue grew by 576% and the operating margin fell from 52.4% to 35.9%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 256 MNOK and 999 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 358 MNOK |
| EV/EBIT | 8.0 | 999 MNOK |
| P/B | 1.0 | 256 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
- watch
Consider strengthening liquidity: current liabilities are 1.1 times current assets.
Based on: Current ratio 0.94 (median 1.38).
- watch
Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?
Based on: Revenue growth 576.4% (median 6.8%); Current ratio 0.94 (median 1.38).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 1.6% of the debt in 2025. The policy rate averaged 4.30 % 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.
Scenario analysis: the sector's weakest year
We have no accounts for 2021, the sector's weakest year, for this company.
The sector's weakest year was 2021, with a median operating margin of 1.8%. 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 | 62 | weight 30% |
|---|---|---|
| Solidity | 16 | weight 25% |
| Liquidity | 9 | weight 15% |
| Growth | 99 | weight 15% |
| Consistency | 41 | weight 15% |
Durability: 37 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is NORWIND HELM AS?
The operating margin was 35.9% in 2025, against a median of 4.5% among companies in the Morning class Medium in the same sector. Return on assets was 3.6%.
How solid is NORWIND HELM AS?
The equity ratio was 15.8% in 2025 (median 30.4%). Debt-to-equity was 5.32 (median 2.23).
What is the liquidity of NORWIND HELM AS like?
The current ratio was 0.94 in 2025 (median 1.38). Current assets did not cover current liabilities.
How does NORWIND HELM AS compare in Bygg og anlegg?
NORWIND HELM AS ranks 12,401 of 20,428 in Bygg og anlegg for 2025. Among companies in the Morning class Medium it is number 1,104 of 1,765. Revenue changed by 576.4% 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.
- 931070258
- Legal form
- AS · part of a group
- Sector
- Bygg og anlegg (42.221)
- Morning company class
- Medium
- Employees
- 0–4 (not registered)
- Founded
- 10 March 2023 3 years in operation
- Share capital
- 0.06 MNOK
- Business address
- Notenesgata 14, 6002 ÅLESUND
- Municipality
- Ålesund rank 2–6 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
- Chief executive
- Svein Leon Aure
- Chair of the board
- Stig Duus Enslev
- Board member
- Jon Ketil Gjørtz
- Auditor
- CONTABILE 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 | – | 29 | 45 | |
| Rank | – | 16,052 | 12,401 | |
| Operating margin | – | 52.4% | 35.9% | |
| Return on assets | −2.2% | 2.0% | 3.6% | |
| Equity ratio | −0.1% | 1.7% | 15.8% | |
| Current ratio | 0.18 | 0.83 | 0.94 | |
| Revenue growth | – | – | 576.4% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | – | 21.6 MNOK | 146.4 MNOK |
| Operating profit | 0.0 MNOK | 11.3 MNOK | 52.5 MNOK |
| Profit before tax | 0.0 MNOK | 15.3 MNOK | 35.9 MNOK |
| Net profit | 0.0 MNOK | 15.1 MNOK | 35.8 MNOK |
| Financial expenses | 0.0 MNOK | 2.4 MNOK | 21.9 MNOK |
| Total assets | 0.9 MNOK | 896.8 MNOK | 1,617.4 MNOK |
| Current assets | 0.2 MNOK | 212.9 MNOK | 953.6 MNOK |
| Equity | 0.0 MNOK | 15.1 MNOK | 255.9 MNOK |
| Retained earnings | 0.0 MNOK | 15.1 MNOK | 5.9 MNOK |
| Total liabilities | 0.9 MNOK | 881.7 MNOK | 1,361.6 MNOK |
| Current liabilities | 0.9 MNOK | 258.1 MNOK | 1,014.8 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 6898210.
Further
Similar companies
- GUNNAR HØVIK AS index 45, rank 12,350 · compare
- RØNNING ELEKTRO AS index 45, rank 12,364 · compare
- VEIDEKKE LOGISTIKKBYGG AS index 45, rank 12,416 · compare
- ENERGIMA GRUPPEN AS index 45, rank 12,419 · compare
- NLI ELEKTROSYSTEMER AS index 45, rank 12,436 · compare