HEMPEL NORWAY AS
Score · fiscal year 2024
68of 100
How to read this: the company is ahead of 85 % of medium-sized companies in the same sector in 2024. What does this mean?
Rank: 5,806 of 37,180 · Handel
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 98 and solidity 45 out of 100 among medium-sized companies in the same sector in 2024. Methodology
Against the sector
HEMPEL NORWAY AS is 18 points above the median for medium-sized companies in the same sector in 2024.
Median score 50 among 2,059 companies.
Against medium-sized companies in the same sector in 2024: operating margin 25.5% (median 3.2%) and equity ratio 30.1% (median 32.6%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 189 MNOK | 171 MNOK |
| Operating margin | 25.5% | 3.2% |
| Profit margin | 26.4% | 3.1% |
| Return on assets | 48.8% | 11.1% |
| Equity ratio | 30.1% | 32.6% |
| Debt-to-equity | 2.33 | 2.01 |
| Current ratio | 1.42 | 1.38 |
| Revenue growth | 20.8% | 5.2% |
The median and “ahead of” refer to medium-sized companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 68, HEMPEL NORWAY AS does better than 85% of medium-sized companies in the same sector (2,059 companies) in 2024.
Score 2023–2025
- HEMPEL NORWAY AS
- Median: medium-sized companies in the same sector
What the numbers say
HEMPEL NORWAY AS had an operating margin of 25.5% and an equity ratio of 30.1% in 2024, and ranks 5,806 of 37,180 in Handel.
From 2023 to 2024: the operating margin rose from 21.0% to 25.5% and revenue grew by 21%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 32 MNOK and 390 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 390 MNOK |
| EV/EBIT | 8.0 | 390 MNOK |
| P/B | 1.0 | 32 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 2.6% 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 2017, the sector's weakest year, for this company.
The sector's weakest year was 2017, with a median operating margin of −65.6%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 98 | weight 30% |
|---|---|---|
| Solidity | 45 | weight 25% |
| Liquidity | 53 | weight 15% |
| Growth | 82 | weight 15% |
| Consistency | 51 | weight 15% |
Durability: 68 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is HEMPEL NORWAY AS?
The operating margin was 25.5% in 2024, against a median of 3.2% among medium-sized companies in the same sector. Return on assets was 48.8%.
How solid is HEMPEL NORWAY AS?
The equity ratio was 30.1% in 2024 (median 32.6%). Debt-to-equity was 2.33 (median 2.01).
What is the liquidity of HEMPEL NORWAY AS like?
The current ratio was 1.42 in 2024 (median 1.38).
How does HEMPEL NORWAY AS compare in Handel?
HEMPEL NORWAY AS ranks 5,806 of 37,180 in Handel for 2024. Among companies of the same size (medium-sized companies) it ranks 308 of 2,059. Revenue changed by 20.8% from the year before.
From the Central Coordinating Register
- Org. no.
- 948945851
- Legal form
- AS
- Sector
- Handel (46.830)
- Size tier
- medium
- Employees
- 0–4 (not registered)
- Founded
- 25 October 1988 38 years in operation
- Share capital
- 5.08 MNOK
- Business address
- Ruseløkkveien 14, 0251 OSLO
- Municipality
- Oslo rank 106–282 of 357 in Norway
- Latest accounts filed
- 2025
- Website
- www.hempel.no
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
- Steen Niemann Madsen
- Chair of the board
- Steen Niemann Madsen
- Board member
- Nicholas John Frowen
- Board member
- Keld Lindhart Laursen
- Auditor
- PRICEWATERHOUSECOOPERS AS
- Accountant
- KPMG ACCOUNTING AS
- Accountant
- AZETS INSIGHT 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 28 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 67 | 68 | 51 | |
| Rank | 7,733 | 5,806 | 18,993 | |
| Operating margin | 21.0% | 25.5% | 8.1% | |
| Return on assets | 36.1% | 48.8% | 15.6% | |
| Equity ratio | 30.9% | 30.1% | 23.6% | |
| Current ratio | 1.43 | 1.42 | 1.31 | |
| Revenue growth | – | 20.8% | 9.4% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 156.6 MNOK | 189.2 MNOK | 206.9 MNOK |
| Operating profit | 32.9 MNOK | 48.3 MNOK | 16.8 MNOK |
| Profit before tax | 34.8 MNOK | 50.0 MNOK | 19.2 MNOK |
| Net profit | 27.1 MNOK | 39.0 MNOK | 14.9 MNOK |
| Financial expenses | 2.6 MNOK | 1.9 MNOK | 2.0 MNOK |
| Total assets | 103.7 MNOK | 106.6 MNOK | 135.7 MNOK |
| Current assets | 102.8 MNOK | 106.1 MNOK | 135.3 MNOK |
| Equity | 32.1 MNOK | 32.1 MNOK | 32.1 MNOK |
| Retained earnings | 25.1 MNOK | 25.1 MNOK | 25.1 MNOK |
| Total liabilities | 71.7 MNOK | 74.5 MNOK | 103.7 MNOK |
| Current liabilities | 71.7 MNOK | 74.5 MNOK | 103.7 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 6070127.
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