HALLINGDAL HYTTESERVICE AS

Org. no. 941900399 · ÅL · Founded 1987 · 46 employees

Accounts for 2025 are missing. The deadline was 31 July 2026. The Brønnøysund Register Centre does not publish when accounts arrived, only the latest year filed.

Score · fiscal year 2024

37of 100

How to read this: the company is ahead of 28 % of small companies in the same sector in 2024. What does this mean?

Rank: 22,499 of 31,119 · Bygg og anlegg

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 27 and solidity 46 out of 100 among small companies in the same sector in 2024. Methodology

Against the sector

HALLINGDAL HYTTESERVICE AS is 13 points below the median for small companies in the same sector in 2024.

Median score 50 among 30,023 companies.

Against small companies in the same sector in 2024: operating margin −26.0% (median 3.8%) and equity ratio 37.8% (median 36.8%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 28 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue76 MNOK3 MNOK
Operating margin −26.0% 3.8% 8 %
Profit margin −30.2% 3.4% shown, not part of the index
Return on assets 4.1% 5.8% 46 %
Equity ratio 37.8% 36.8% 51 %
Debt-to-equity 1.64 1.19 41 %
Current ratio 1.51 1.45 53 %
Revenue growth −23.7% 1.8% 21 %
Revenue per employee1.65 MNOK1.40 MNOK

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 37, HALLINGDAL HYTTESERVICE AS does better than 28% of small companies in the same sector (30,094 companies) in 2024.

Over time

Score 2022–2024

CompanyMedian0255075100202220232024The shaded year is the sector's weakest year, used by the stress test.
  • HALLINGDAL HYTTESERVICE AS
  • Median: small companies in the same sector
Summary analysis

HALLINGDAL HYTTESERVICE AS has a score of 37 for 2024, rank 22,499 of 31,119 in the sector.

Strongest: Liquidity: percentile 53 against peers, current ratio 1.51 against a median of 1.45.

Weakest: Growth: percentile 21 against peers, revenue growth −23.7% against a median of 1.8%. Profitability: percentile 27 against peers, operating margin −26.0% against a median of 3.8%.

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2024

What the numbers say

HALLINGDAL HYTTESERVICE AS had an operating margin of −26.0% and an equity ratio of 37.8% in 2024, and ranks 22,499 of 31,119 in Bygg og anlegg.

From 2023 to 2024: went from a profit to a loss before tax and the operating margin fell from −11.4% to −26.0%.

HALLINGDAL HYTTESERVICE AS did better than the sector in 2022, the sector's weakest year.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

One method gives a figure: 134 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −24.1 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −19.7 MNOK 8.0 not meaningful
P/B Equity: 134.3 MNOK 1.0 134 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

  • watch

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin −30.2% (median 3.4%).

  • watch

    The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?

    Based on: Operating margin −26.0% (median 3.8%).

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

Financial costs were 17.0% 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.

Stress test · 2022

Scenario analysis: the sector's weakest year

The operating margin was 10.1% in 2022 (sector median 2.4%), and the equity ratio 54.0%. In the other years the operating margin averaged −18.7%.

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

Components · 2024

What the score is made of

Profitability27 weight 30%
Solidity46 weight 25%
Liquidity53 weight 15%
Growth21 weight 15%
Consistency44 weight 15%

Durability: 57 (average over 3 years)

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

2024

Questions and answers

How profitable is HALLINGDAL HYTTESERVICE AS?

The operating margin was −26.0% in 2024, against a median of 3.8% among small companies in the same sector. Return on assets was 4.1%. The company made a loss before tax.

How solid is HALLINGDAL HYTTESERVICE AS?

The equity ratio was 37.8% in 2024 (median 36.8%). Debt-to-equity was 1.64 (median 1.19).

What is the liquidity of HALLINGDAL HYTTESERVICE AS like?

The current ratio was 1.51 in 2024 (median 1.45).

How does HALLINGDAL HYTTESERVICE AS compare in Bygg og anlegg?

HALLINGDAL HYTTESERVICE AS ranks 22,499 of 31,119 in Bygg og anlegg for 2024. Among companies of the same size (small companies) it ranks 21,666 of 30,094. Revenue changed by −23.7% 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.
941900399
Legal form
AS · part of a group
Sector
Bygg og anlegg (41.000)
Size tier
small
Employees
46 registered 10 October 2026
Founded
23 January 1987 39 years in operation
Share capital
6.32 MNOK
Business address
Torpovegen 304, 3579 TORPO (ÅL)
Municipality
Ål rank 2 of 33 in KOSTRA group 5
Latest accounts filed
2024

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
Kristian Fløysand
Chair of the board
Per Oland
Board member
Oddvar Oland
Auditor
REVISOR TEAM AS
Accountant
SPAREBANK 1 REGNSKAPSHUSET VALHALL 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.

Report an issue

Figures last fetched 28 October 2026.

Details

Year by year · 2022–2024

Key figure202220232024Trend
Index815337
Rank3913,17822,499
Operating margin10.1%−11.4%−26.0%
Return on assets4.7%3.8%4.1%
Equity ratio54.0%51.3%37.8%
Current ratio7.226.181.51
Revenue growth–−17.2%−23.7%

Accounts

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

Key figure202220232024
Operating revenue119.9 MNOK99.3 MNOK75.8 MNOK
Operating profit12.1 MNOK−11.3 MNOK−19.7 MNOK
Profit before tax9.6 MNOK5.1 MNOK−22.9 MNOK
Net profit7.5 MNOK7.7 MNOK−24.1 MNOK
Financial expenses3.2 MNOK6.3 MNOK37.5 MNOK
Total assets271.2 MNOK303.0 MNOK355.1 MNOK
Current assets177.3 MNOK162.3 MNOK177.3 MNOK
Equity146.5 MNOK155.6 MNOK134.3 MNOK
Retained earnings136.5 MNOK145.6 MNOK124.3 MNOK
Total liabilities124.7 MNOK147.4 MNOK220.8 MNOK
Current liabilities24.5 MNOK26.3 MNOK117.1 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 6289175.

Similar companies