Odd Hagerud AS

Org. no. 976018192 · Eidskog · Founded 1995 · 24 employees

Score · fiscal year 2024

46of 100

How to read this: the company is ahead of 41 % of companies in the Morning class Small in the same sector in 2024. What does this mean?

Rank in the Morning class Small: 3,155 of 5,342 · What are Morning company classes?
Place in the whole sector: 11,220 of 19,395 · Bygg og anlegg

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 65 and solidity 25 out of 100 among companies in the Morning class Small in the same sector in 2024. Methodology

Against the sector

Odd Hagerud AS is 5 points below the median for companies in the Morning class Small in the same sector in 2024.

Median score 51 among 5,342 companies.

Against companies in the Morning class Small in the same sector in 2024: operating margin 7.4% (median 4.7%) and equity ratio 20.4% (median 34.8%).

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 revenue32 MNOK19 MNOK
Operating margin 7.4% 4.7% 66 %
Profit margin 6.8% 4.4% shown, not part of the index
Return on assets 16.0% 11.0% 63 %
Equity ratio 20.4% 34.8% 28 %
Debt-to-equity 3.90 1.72 23 %
Current ratio 1.07 1.49 20 %
Revenue growth 30.0% 4.0% 81 %
Revenue per employee1.35 MNOK1.67 MNOK

The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 46, Odd Hagerud AS does better than 41% of companies in the Morning class Small in the same sector (5,342 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Odd Hagerud AS
  • Median: companies in the Morning class Small in the same sector
Analysis · 2024

What the numbers say

Odd Hagerud AS had an operating margin of 7.4% and an equity ratio of 20.4% in 2024, and ranks 11,220 of 19,395 in Bygg og anlegg.

From 2023 to 2024: the equity ratio fell from 41.1% to 20.4% and revenue grew by 30%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 3 MNOK and 21 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 1.7 MNOK 10.0 17 MNOK
EV/EBIT Operating profit: 2.4 MNOK
minus net debt −1.6 MNOK
8.0 21 MNOK
P/B Equity: 3.1 MNOK 1.0 3 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

    Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?

    Based on: Revenue growth 30.0% (median 4.0%); Current ratio 1.07 (median 1.49).

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

Financial costs were 1.6% 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.

See interest rates, prices and exchange rates for the sector

Data quality

No anomalies found in the figures.

Stress test · 2021

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

Components · 2024

What the score is made of

Profitability65 weight 30%
Solidity25 weight 25%
Liquidity20 weight 15%
Growth81 weight 15%
Consistency36 weight 15%

Durability: 53 (average over 2 years)

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

2024

Questions and answers

How profitable is Odd Hagerud AS?

The operating margin was 7.4% in 2024, against a median of 4.7% among companies in the Morning class Small in the same sector. Return on assets was 16.0%.

How solid is Odd Hagerud AS?

The equity ratio was 20.4% in 2024 (median 34.8%). Debt-to-equity was 3.90 (median 1.72).

What is the liquidity of Odd Hagerud AS like?

The current ratio was 1.07 in 2024 (median 1.49).

How does Odd Hagerud AS compare in Bygg og anlegg?

Odd Hagerud AS ranks 11,220 of 19,395 in Bygg og anlegg for 2024. Among companies in the Morning class Small it is number 3,155 of 5,342. Revenue changed by 30.0% from the year before.

Public contracts

Contracts awarded since 2024
1
Total awarded value since 2024
value not stated
Framework agreements
1
Left out of the total: the value is a ceiling, not actual spend.
DateBuyerNotice ValueCPV
13 February 2025 Regionalt Innkjøp i Kongsvingerregionen Kontraktstildeling: Håndverkertjenester – Elektriker – til kommuner og IKS i Kongsvingerregionen 2024 - 2028 value not stated 50000000

Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.

Source: Doffin (DFØ), fetched 27 October 2026. Winners are matched on organisation number.

Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0

From the Central Coordinating Register

Org. no.
976018192
Legal form
AS
Sector
Bygg og anlegg (43.210)
Morning company class
Small
Employees
24 registered 10 October 2026
Founded
22 December 1995 30 years in operation
Share capital
0.20 MNOK
Business address
Syversbakken 7, 2230 SKOTTERUD (EIDSKOG)
Municipality
Eidskog rank 38 of 39 in KOSTRA group 4
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

Loading roles …

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.

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Figures last fetched 28 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index604643
Rank6,63411,22013,039
Operating margin6.4%7.4%4.1%
Return on assets15.9%16.0%9.7%
Equity ratio41.1%20.4%28.3%
Current ratio1.471.071.26
Revenue growth–30.0%0.0%

Accounts

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

Key figure202320242025
Operating revenue25.0 MNOK32.5 MNOK32.5 MNOK
Operating profit1.6 MNOK2.4 MNOK1.3 MNOK
Profit before tax1.5 MNOK2.2 MNOK1.1 MNOK
Net profit1.2 MNOK1.7 MNOK0.9 MNOK
Financial expenses0.1 MNOK0.2 MNOK0.2 MNOK
Total assets10.1 MNOK15.1 MNOK14.0 MNOK
Current assets8.5 MNOK9.5 MNOK8.2 MNOK
Equity4.2 MNOK3.1 MNOK4.0 MNOK
Retained earnings4.0 MNOK2.9 MNOK3.8 MNOK
Total liabilities5.9 MNOK12.0 MNOK10.0 MNOK
Current liabilities5.8 MNOK8.9 MNOK6.5 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 5655803.