HK GROUP AS
Score · fiscal year 2025
57of 100
How to read this: the company is ahead of 64 % of small companies in the same sector in 2025. What does this mean?
Rank: 14,065 of 38,669 · Handel
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 49 and solidity 87 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
HK GROUP AS is 7 points above the median for small companies in the same sector in 2025.
Median score 50 among 36,109 companies.
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 0 MNOK | 3 MNOK |
| Operating margin | – | 2.5% |
| Profit margin | – | 2.2% |
| Return on assets | 3.7% | 4.0% |
| Equity ratio | 91.7% | 38.3% |
| Debt-to-equity | 0.09 | 0.99 |
| Current ratio | 1.13 | 1.70 |
| Revenue growth | – | 3.5% |
The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 57, HK GROUP AS does better than 64% of small companies in the same sector (36,578 companies) in 2025.
Score 2023–2025
- HK GROUP AS
- Median: small companies in the same sector
HK GROUP AS has a score of 57 for 2025, rank 14,065 of 38,669 in the sector.
Strongest: Solidity: percentile 87 against peers, equity ratio 91.7% against a median of 38.3%.
Weakest: Liquidity: percentile 31 against peers, current ratio 1.13 against a median of 1.70.
Worth a closer look
- What lies behind weak liquidity, 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
HK GROUP AS had an operating margin of – and an equity ratio of 91.7% in 2025, and ranks 14,065 of 38,669 in Handel.
From 2024 to 2025: went from a loss to a profit before tax.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 29 MNOK and 76 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 29 MNOK |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 76 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 2.2% 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.
Data quality
- watch No revenue but large assets
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 | 49 | weight 30% |
|---|---|---|
| Solidity | 87 | weight 25% |
| Liquidity | 31 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 48 | weight 15% |
Durability: 54 (average over 3 years)
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is HK GROUP AS?
The operating margin was – in 2025, against a median of 2.5% among small companies in the same sector. Return on assets was 3.7%.
How solid is HK GROUP AS?
The equity ratio was 91.7% in 2025 (median 38.3%). Debt-to-equity was 0.09 (median 0.99).
What is the liquidity of HK GROUP AS like?
The current ratio was 1.13 in 2025 (median 1.70).
How does HK GROUP AS compare in Handel?
HK GROUP AS ranks 14,065 of 38,669 in Handel for 2025. Among companies of the same size (small companies) it ranks 13,214 of 36,578.
Group accounts · 2023
56 of 100
Rank 633 of 1602 groups with group accounts. Groups are ranked only against each other, not against single companies.
| Key figure | The group | The company alone (2025) |
|---|---|---|
| Operating margin | 2.8% | – |
| Return on assets | 5.1% | – |
| Equity ratio | 54.6% | – |
| Current ratio | 2.53 | – |
| Revenue growth | – | – |
Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.
Source: Brønnøysund Register Centre, group accounts 2023 (open data, NLOD 2.0).
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.
- 953063514
- Legal form
- AS · part of a group
- Sector
- Handel (47.710)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 30 August 1989 37 years in operation
- Share capital
- 30.00 MNOK
- Business address
- Bølevegen 208, 3713 SKIEN
- Municipality
- Skien rank 9 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
- Thomas Reinholdt-Hansen
- Chair of the board
- Hans Inge Søvik
- Board member
- Tom Reinholdt-Hansen
- Board member
- Thomas Reinholdt-Hansen
- Board member
- Christine Klovning
- Deputy member
- Vetle Klovning
- Auditor
- REVISJONSSELSKAPET 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 28 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 52 | 54 | 57 | |
| Rank | 15,891 | 15,767 | 14,065 | |
| Operating margin | – | – | – | |
| Return on assets | 2.6% | 0.2% | 3.7% | |
| Equity ratio | 91.4% | 94.7% | 91.7% | |
| Current ratio | 1.07 | 1.10 | 1.13 | |
| Revenue growth | – | – | – |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Operating profit | 0.0 MNOK | −0.1 MNOK | −0.1 MNOK |
| Profit before tax | 2.0 MNOK | −0.1 MNOK | 2.9 MNOK |
| Net profit | 2.0 MNOK | −0.1 MNOK | 2.9 MNOK |
| Financial expenses | 0.2 MNOK | 0.2 MNOK | 0.2 MNOK |
| Total assets | 82.6 MNOK | 79.7 MNOK | 82.8 MNOK |
| Current assets | 7.6 MNOK | 4.7 MNOK | 7.8 MNOK |
| Equity | 75.5 MNOK | 75.5 MNOK | 75.9 MNOK |
| Retained earnings | 0.5 MNOK | 0.4 MNOK | 0.8 MNOK |
| Total liabilities | 7.1 MNOK | 4.2 MNOK | 6.9 MNOK |
| Current liabilities | 7.1 MNOK | 4.2 MNOK | 6.9 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 7223368.
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