Styling Hårsenter AS
Not financial advice. The index, rank, signals and advice are rule-based indications from the latest filed annual accounts. They are not a credit rating, an assessment of management or a recommendation to buy, sell or do business with the company. Read more
Key facts
Is the company run well?
Five key figures against companies in the Morning class Micro in the same sector. Green is better than most, amber about like the industry and red weaker than most.
- Profitability · operating margin 10.5% Better than the industry Industry: 3.8%
- Returns · return on assets 28.2% Better than the industry Industry: 9.2%
- Solidity · equity ratio 19.9% About like the industry Industry: 29.0%
- Liquidity · current ratio 1.24 About like the industry Industry: 1.45
- Growth · revenue growth 10.7% Better than the industry Industry: 4.8%
The mark comes from the company's place among comparable companies (percentile): green from 60, amber from 40, red below 40. Negative equity, an operating loss and a current ratio under 1 pull it down regardless. Methodology
Score · fiscal year 2025
60of 100
How to read this: the company is ahead of 71 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?
Rank in the Morning class Micro: 1,398 of 4,742 · What are Morning company classes?
Place in the whole sector: 1,825 of 6,153 · Annen tjenesteyting
Profile
Cheetah · Sprinter
High profitability, lower resilience
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 77 and resilience 41 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology
Against the sector
Styling Hårsenter AS is 10 points above the median for companies in the Morning class Micro in the same sector in 2025.
Median score 50 among 4,737 companies.
Against companies in the Morning class Micro in the same sector in 2025: operating margin 10.5% (median 3.8%) and equity ratio 19.9% (median 29.0%).
How it has gone · 2023–2025
Revenue rose by 8 % from 2023 to 2025, to 4.3 MNOK. The operating margin fell from 12.2% in 2023 to 10.5% in 2025. The equity ratio fell from 39.2% in 2023 to 19.9% in 2025.
Amounts in the reporting currency. The full year-by-year table is further down under «Details». See every figure year by year
Accounts in short
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 4.0 MNOK | 3.9 MNOK | 4.3 MNOK |
| Operating profit | 0.5 MNOK | 0.4 MNOK | 0.5 MNOK |
| Net profit | 0.4 MNOK | 0.3 MNOK | 0.4 MNOK |
| Total assets | 1.4 MNOK | 1.5 MNOK | 1.7 MNOK |
| Equity | 0.6 MNOK | 0.7 MNOK | 0.3 MNOK |
| Total liabilities | 0.9 MNOK | 0.8 MNOK | 1.4 MNOK |
From the Brønnøysund Register Centre, in the company's reporting currency (NOK). See every figure year by year
From the Central Coordinating Register
- Org. no.
- 974470977
- Legal form
- AS
- Sector
- Annen tjenesteyting (96.220)
- Purpose
- Yte tjeneste innen hårpleiesektoren, salg av hårpleieprodukter, samt deltakelse i selskaper med økonomisk formål.
- Morning company class
- Micro
- Employees
- 5 registered 10 July 2026
- Founded
- 1 May 1995 31 years in operation
- Share capital
- 0.15 MNOK
- Business address
- Storgata 50, 3674 NOTODDEN
- Municipality
- Notodden rank 24–36 of 38 in KOSTRA group 7
- COVID support
- 0.0 MNOK from the compensation scheme, 1 grants (2021). The largest grant was for september–oktober 2020, when revenue was 31% lower than before the pandemic.
- Latest accounts filed
- 2025
- VAT registered
- Yes
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
Styling Hårsenter AS has a score of 60 for 2025, rank 1,825 of 6,153 in the sector.
Strongest: Profitability: percentile 77 against peers, operating margin 10.5% against a median of 3.8%. Growth: percentile 61 against peers, revenue growth 10.7% against a median of 4.8%.
Weakest: Solidity: percentile 32 against peers, equity ratio 19.9% against a median of 29.0%.
Worth a closer look
- What lies behind weak solidity, and will it last?
- The change in operating margin in 2025 was 1.2 percentage points better than for comparable companies: the company +1.3, the industry +0.0 points. That is the company's own, not something that hit the whole industry.
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
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 0.0% 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 2022, the sector's weakest year, for this company.
The sector's weakest year was 2022, with a median operating margin of 0.6%. Based on the 9 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 77 | weight 40% |
|---|---|---|
| Solidity | 32 | weight 20% |
| Liquidity | 40 | weight 5% |
| Growth | 61 | weight 25% |
| Consistency | 58 | weight 10% |
Three goals: profitability 40%, growth 25%, resilience 35%. Why these weights?
Durability: 64 (average over 3 years)
Index version 3. Data completeness 100%: the share of the weights that had data.
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 4 MNOK | 3 MNOK |
| Operating margin | 10.5% | 3.8% |
| Profit margin | 11.4% | 3.2% |
| Return on assets | 28.2% | 9.2% |
| Equity ratio | 19.9% | 29.0% |
| Debt-to-equity | 4.03 | 1.50 |
| Current ratio | 1.24 | 1.45 |
| Revenue growth | 10.7% | 4.8% |
| Revenue per employee | 0.86 MNOK | 0.70 MNOK |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 60, Styling Hårsenter AS does better than 71% of companies in the Morning class Micro in the same sector (4,742 companies) in 2025.
Score 2023–2025
- Styling Hårsenter AS
- Median: companies in the Morning class Micro in the same sector
Working capital and debt
| Measure | Company | Median | |
|---|---|---|---|
| Working capital | |||
| Receivable days All current receivables, including those on group companies, in days of revenue. |
1 days | 10 days | |
| Inventory and other current assets, days Current assets other than receivables and bank deposits, that is inventory and short-term investments, in days of revenue. |
31 days | 14 days | |
| Net working capital to revenue Current assets less bank deposits less current liabilities, divided by revenue. Negative: short-term debt funds the operations. |
−23.6% | −9.3% | |
| Cash share of current assets How much of the short-term buffer is bank deposits and cash. |
78.1% | 66.2% | |
| Debt and interest burden | |||
| Interest coverage (times) Operating result divided by all financial costs. Below 1: operations do not cover the cost of the debt. |
– | 7.3 | |
| Financial costs as a share of debt All financial costs (interest, currency losses and other) divided by all debt, interest-free debt included. Not an interest rate. |
0.0% | 0.5% | |
| Long-term share of debt Long-term debt as a share of all debt. A low share means more falls due within a year. |
– | 17.0% | |
Net working capital (current assets less bank deposits less current liabilities): −1.0 MNOK.
The median and the bar refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of the group with a lower figure: higher is not always better, long receivable days tie up capital, for example. These figures do not count in the score.
Returns, debt against earnings and quality
The accounts for 2025 lack the figures needed.
The industry or the company: what drove the result?
In 2025 the operating margin of Styling Hårsenter AS rose by 1.3 percentage points. Comparable companies rose by a median 0.0 points. So the company did 1.2 points better than the industry, for reasons of its own.
Over 2 year-to-year changes Styling Hårsenter AS moved the same way as comparable companies 0 times. About 4% of the changes in operating margin were common to the industry; the rest was the company's own.
| Year | The company | Comparable (median) | Change, company | Change, industry | The company's own |
|---|---|---|---|---|---|
| 2024 | 9.2% | 3.7% | −3.0 percentage points | −0.1 percentage points | −2.8 percentage points |
| 2025 | 10.5% | 3.8% | +1.3 percentage points | +0.0 percentage points | +1.2 percentage points |
Comparable companies are those in the same industry and Morning company class. Their change shows what hit the whole industry, the sector drivers below included. The rest is the company's own: contracts, costs, one-off items or operations. The share is approximate, and we claim no cause.
The company and its sector's drivers
Prices, rate and currency that shape the sector's year, year by year beside the operating margin of Styling Hårsenter AS. The figures stand side by side; we claim no cause.
Consumer price index (indeks (2025 = 100))
Consumer price index rose 3.0% in 2025; the operating margin of Styling Hårsenter AS rose 1.3 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Consumer price index, annual average | 84.3 | 89.2 | 94.1 | 97.0 | 100.0 | 103.0 (so far) |
| Change from the year before | +3.5% | +5.8% | +5.5% | +3.2% | +3.0% | +3.0% |
| The company's operating margin | – | – | 12.2% | 9.2% | 10.5% | – |
Source: SSB (14710, CC BY 4.0). Source
Policy rate (prosent)
Policy rate fell 0.20 percentage points in 2025; the operating margin of Styling Hårsenter AS rose 1.3 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Policy rate, annual average | 0.08 | 1.32 | 3.54 | 4.50 | 4.30 | 4.17 (so far) |
| Change from the year before | −0.28 percentage points | +1.24 percentage points | +2.22 percentage points | +0.96 percentage points | −0.20 percentage points | −0.12 percentage points |
| The company's operating margin | – | – | 12.2% | 9.2% | 10.5% | – |
Source: Norges Bank (IR, NLOD 2.0). Source
Wage index: other personal services (indeks)
Wage index: other personal services rose 4.9% in 2025; the operating margin of Styling Hårsenter AS rose 1.3 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Wage index: other personal services, annual average | 89.0 | 93.2 | 98.3 | 103.2 | 108.3 | 111.9 (so far) |
| Change from the year before | +4.1% | +4.8% | +5.4% | +5.0% | +4.9% | +3.3% |
| The company's operating margin | – | – | 12.2% | 9.2% | 10.5% | – |
Source: SSB (12314, CC BY 4.0). Source
We show the drivers and the margin side by side and claim no cause. Sensitivity per company is not computed until we have at least 10 years of accounts per company: with three years such figures are false precision.
What the numbers say
Styling Hårsenter AS had an operating margin of 10.5% and an equity ratio of 19.9% in 2025, and ranks 1,825 of 6,153 in Annen tjenesteyting.
From 2024 to 2025: the equity ratio fell from 44.9% to 19.9% and revenue grew by 11%.
This text is generated automatically from the 2025 accounts.
Three simple methods
Suggested price: about 3 MNOK
The mean of the 3 methods below (P/E, EV/EBIT and P/B with listed multiples and a size adjustment), rounded to two significant figures. It is a calculation, not a bid or a valuation. The methods differ widely (the highest is 10.5 times the lowest), so the estimate is uncertain.
That is about 22,667 NOK per share, on 150 shares in the shareholder register.
The methods give between 1 MNOK and 5 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 19.2 | 4 MNOK |
| EV/EBIT | 15.1 | 5 MNOK |
| P/B | 2.4 | 1 MNOK |
| EV/EBIT: from enterprise value to equity | NOK |
|---|---|
| Enterprise value (EV) at the listed multiple | 7 MNOK |
| Enterprise value after the size adjustment | 4 MNOK |
| Less net debt (rough figure) | −1 MNOK |
| Equity value | 5 MNOK |
Net debt is a rough figure: long-term liabilities minus cash. The accounts do not split interest-bearing debt from other liabilities, and short-term borrowings are not included. The size adjustment applies to the enterprise value, not to the debt. Net debt is −34% of the enterprise value after the size adjustment, so the equity value from EV/EBIT is sensitive to errors in the debt figure.
The listed basis is the value at listed multiples. The estimate is lowered for size: a small-company premium of 4% on the cost of equity gives a value 38% lower. No separate marketability discount is applied, because the premium already allows for the company being small and unlisted.
The NACE code has no listed industry of its own in the table, so the multiples are the sector median: Total Market (without financials).
Not financial advice. The value range is a rough model estimate from listed-company multiples, not a valuation, a price target or a price offer. The actual value may differ greatly. Read more
A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. See the calculation
Figures you will not find in any register
We calculated these figures ourselves from the accounts and registers we have read. The company has not reported them and the Brønnøysund Register Centre does not publish them. They are indications and are not part of the index. How we calculate
- Personnel cost per employee
- 0.51 MNOK per employee in 2025
Comparable companies have a median of 0.38 MNOK. This company is above 81% of them (1,466 companies in the same industry and size class).
Payroll costs are 60% of revenue.
Payroll costs in the accounts divided by 5 employees in the business register. Payroll costs include employer's contribution and pension, so they are higher than wages. The employee count is a snapshot and can differ from the average over the accounting year. - Equity paid out or paid in
- 0.7 MNOK left equity beyond the result in 2025.
That equals 182% of the year's result.
More left than the company earned in the year.
Over 2 years it equals 130% of the sum of the results.
Calculated as retained earnings at the start of the year + net result − retained earnings at the end of the year. What remains is dividends and group contributions, plus transfers to other items and corrections of earlier years. It is not a dividend figure. - Owners and leadership aged 60 or older
- One sign that a generation change may be coming.
- The chair is 60 or older.
- 1 of 1 on the board are 60 or older.
Not financial advice. The index, rank, signals and advice are rule-based indications from the latest filed annual accounts. They are not a credit rating, an assessment of management or a recommendation to buy, sell or do business with the company. Read more
Questions and answers
How profitable is Styling Hårsenter AS?
The operating margin was 10.5% in 2025, against a median of 3.8% among companies in the Morning class Micro in the same sector. Return on assets was 28.2%.
How solid is Styling Hårsenter AS?
The equity ratio was 19.9% in 2025 (median 29.0%). Debt-to-equity was 4.03 (median 1.50).
What is the liquidity of Styling Hårsenter AS like?
The current ratio was 1.24 in 2025 (median 1.45).
How does Styling Hårsenter AS compare in Annen tjenesteyting?
Styling Hårsenter AS ranks 1,825 of 6,153 in Annen tjenesteyting for 2025. Among companies in the Morning class Micro it is number 1,398 of 4,742. Revenue changed by 10.7% from the year before.
Competitors
The 8 closest competitors in the same line of business, placed in the same matrix as the sector page: profitability up, resilience to the right. These are the companies the competitor analysis and the strategy report compare with.
Each bubble is a company: this company and its closest competitors in the same line of business and size, the same ones the competitor analysis uses. Placement is 0–100 against the whole sector and Morning company class: further right is more robust, higher up is more profitable. Bubble size is revenue. The light bubble and arrow show where the company stood the year before. Pick a profile to see fewer at a time.
| Company | Profile | Operating revenue | Operating margin | Score |
|---|---|---|---|---|
| Klinikk Odden AS |  Beaver |
5 MNOK | −1.5% | 16 |
| Dermatvillingene AS |  Cheetah |
5 MNOK | 10.3% | 71 |
| Symre Hudkrem AS | Beaver |
4 MNOK | 0.5% | 44 |
| Wowbrow Barcode AS | Cheetah |
4 MNOK | 4.9% | 53 |
| Styling Hårsenter AS (this company) | Cheetah |
4 MNOK | 10.5% | 60 |
| Eivi Kosmetiske AS | Beaver |
4 MNOK | −1.2% | 29 |
| Unique Dame og Herrefrisør AS |  Elephant |
4 MNOK | −1.1% | 38 |
| Clinique Amanda AS | Beaver |
4 MNOK | −8.5% | 24 |
| Nails Freak AS | Cheetah |
4 MNOK | 1.7% | 50 |
The selection is the closest in revenue within the same industry code. When you order, you can swap competitors. Order competitor analysis
Group structure · 2025
12 companies in the group according to the shareholder register for 2025. A company counts as a subsidiary when a Norwegian company owns more than half of its shares.
No owner holds more than half of the shares in Noha AS.
Noha AS has not filed group accounts in open data, so the group has no index of its own. Each company has its own accounts.
The group in figures
- Sectors
- Annen tjenesteyting (9 companies), Forretningsmessig tjenesteyting (1 company), Undervisning (1 company) 11 of 12 companies in the tree have accounts with us. Sectors are sorted by the companies' own revenue, which includes sales between the group's companies.
- Employees in Norway
- 285 in all. Porsgrunn 267, Larvik 13, Notodden 5 Registered employees in the Central Coordinating Register, by the municipality of the business address. Employees may work elsewhere.
- Changed 2024–2025
- 11 companies joined the group, among them: Tango Frisør Gulset AS, In Line Frisør AS, Modern Design AS, Vox Hair Concept AS, Motavo Group Holding AS, Jazz Frisør AS.
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.
Source: the Norwegian Tax Administration's shareholder register 2025 (majority owner with more than 50 % of the shares). Voting agreements and ownership through other countries are not included.
Ownership and roles
Loading roles …
Source: Central Coordinating Register, fetched 1 November 2026. Only names are shown.
Shareholders (2025)
- Number of shareholders
- 2 (one owner holds more than half)
- Largest owner
- 51.3%
- Split
- companies 100% · private persons 0% · foreign 0%
- Owned from the same municipality
- 0%
- Group chain
-
Owned by: Frisørkjeden Tango Norge AS (51%)
Ultimate owner: Noha AS
- Frisørkjeden Tango Norge AS · 51.3%
- Hairsisters AS · 48.7%
Change 2007–2025:
100% of the shares changed owner (2 new and 2 departed owners). The majority owner changed.
New owners (companies): Frisørkjeden Tango Norge AS, Hairsisters AS
Holds shares in: Notodden i Sentrum AS (1%)
Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.
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.
Is this your company? Suggest changes or add information
Figures last fetched 8 November 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 71 | 60 | 60 | |
| Rank | 1,001 | 1,762 | 1,825 | |
| Operating margin | 12.2% | 9.2% | 10.5% | |
| Return on assets | 35.8% | 26.7% | 28.2% | |
| Equity ratio | 39.2% | 44.9% | 19.9% | |
| Current ratio | 1.61 | 1.78 | 1.24 | |
| Revenue growth | – | −2.2% | 10.7% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 4.0 MNOK | 3.9 MNOK | 4.3 MNOK |
| Operating profit | 0.5 MNOK | 0.4 MNOK | 0.5 MNOK |
| Profit before tax | 0.5 MNOK | 0.4 MNOK | 0.5 MNOK |
| Tax expense | 0.1 MNOK | 0.1 MNOK | 0.1 MNOK |
| Net profit | 0.4 MNOK | 0.3 MNOK | 0.4 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 1.4 MNOK | 1.5 MNOK | 1.7 MNOK |
| Current assets | 1.4 MNOK | 1.5 MNOK | 1.7 MNOK |
| Equity | 0.6 MNOK | 0.7 MNOK | 0.3 MNOK |
| Retained earnings | 0.4 MNOK | 0.5 MNOK | 0.2 MNOK |
| Total liabilities | 0.9 MNOK | 0.8 MNOK | 1.4 MNOK |
| Current liabilities | 0.9 MNOK | 0.8 MNOK | 1.4 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 8 November 2026, accounts id 6487989.
Further
Similar companies
- Aure Bil og Fritid Eiendom AS index 60, rank 1,823 · compare
- Furi Service AS index 60, rank 1,826 · compare
- Norddal Auto AS index 60, rank 1,828 · compare
- Hope Hair AS index 60, rank 1,829 · compare
- Kristin AS index 60, rank 1,830 · compare
News and announcements
- 14 September 2026 Endring av signatur (opens in a new tab) Source: Brønnøysundregistrene
- 14 September 2026 Endring i styret (opens in a new tab) Source: Brønnøysundregistrene
From official sources: the Brønnøysund Register Centre, Oslo Børs NewsWeb and public agencies. We show the title, date and a link to the source. The link to a company, sector or municipality is automatic and may be wrong. Report a wrong link