Hellodden AS

Org. no. 977172527 · Moskenes · Founded 1997

Score · fiscal year 2025

43of 100

How to read this: the company is ahead of 34 % of companies in the Morning class Small in the same sector in 2025. What does this mean?

Rank in the Morning class Small: 272 of 414 · What are Morning company classes?
Place in the whole sector: 1,454 of 2,213 · Sjømat

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 35 and solidity 46 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology

Against the sector

Hellodden AS is 7 points below the median for companies in the Morning class Small in the same sector in 2025.

Median score 50 among 414 companies.

Against companies in the Morning class Small in the same sector in 2025: operating margin 9.7% (median 11.8%) and equity ratio 29.6% (median 31.0%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 28 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue18 MNOK22 MNOK
Operating margin 9.7% 11.8% 45 %
Profit margin −6.0% 5.4% shown, not part of the index
Return on assets 1.9% 6.8% 25 %
Equity ratio 29.6% 31.0% 48 %
Debt-to-equity 2.38 1.89 44 %
Current ratio 0.73 1.63 16 %
Revenue growth 38.3% 13.2% 78 %

The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 43, Hellodden AS does better than 34% of companies in the Morning class Small in the same sector (414 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Hellodden AS
  • Median: companies in the Morning class Small in the same sector
Summary analysis

Hellodden AS has a score of 43 for 2025, rank 1,454 of 2,213 in the sector.

Strongest: Growth: percentile 78 against peers, revenue growth 38.3% against a median of 13.2%.

Weakest: Liquidity: percentile 16 against peers, current ratio 0.73 against a median of 1.63. Profitability: percentile 35 against peers, operating margin 9.7% against a median of 11.8%.

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 · 2025

What the numbers say

Hellodden AS had an operating margin of 9.7% and an equity ratio of 29.6% in 2025, and ranks 1,454 of 2,213 in Sjømat.

From 2024 to 2025: the operating margin rose from −4.5% to 9.7% and revenue grew by 38%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

One method gives a figure: 30 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −0.8 MNOK 10.0 not meaningful
EV/EBIT Operating profit: 1.7 MNOK
minus net debt 63.1 MNOK
8.0 debt above value
P/B Equity: 29.8 MNOK 1.0 30 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 · 2025

Worth a closer look

  • watch

    Consider strengthening liquidity: current liabilities are 1.4 times current assets.

    Based on: Current ratio 0.73 (median 1.63).

  • watch

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

    Based on: Profit margin −6.0% (median 5.4%).

  • 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 38.3% (median 13.2%); Current ratio 0.73 (median 1.63).

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

Financial costs were 4.2% 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.

See interest rates, prices and exchange rates for the sector

Data quality

No anomalies found in the figures.

Stress test · 2022

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 −0.5%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability35 weight 30%
Solidity46 weight 25%
Liquidity16 weight 15%
Growth78 weight 15%
Consistency45 weight 15%

Durability: 35 (average over 3 years)

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

2025

Questions and answers

How profitable is Hellodden AS?

The operating margin was 9.7% in 2025, against a median of 11.8% among companies in the Morning class Small in the same sector. Return on assets was 1.9%. The company made a loss before tax.

How solid is Hellodden AS?

The equity ratio was 29.6% in 2025 (median 31.0%). Debt-to-equity was 2.38 (median 1.89).

What is the liquidity of Hellodden AS like?

The current ratio was 0.73 in 2025 (median 1.63). Current assets did not cover current liabilities.

How does Hellodden AS compare in Sjømat?

Hellodden AS ranks 1,454 of 2,213 in Sjømat for 2025. Among companies in the Morning class Small it is number 272 of 414. Revenue changed by 38.3% from the year before.

From the Central Coordinating Register

Org. no.
977172527
Legal form
AS
Sector
Sjømat (03.110)
Morning company class
Small
Employees
0–4 (not registered)
Founded
1 January 1997 29 years in operation
Share capital
0.20 MNOK
Business address
Moskenesveien 718, 8392 SØRVÅGEN (MOSKENES)
Municipality
Moskenes rank 6–28 of 36 in KOSTRA group 15
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.

Shareholders (2025)

Number of shareholders
1 (one owner)
Largest owner
100.0%
Split
companies 100% · private persons 0% · foreign 0%
Owned from the same municipality
0%
Group chain
Owned by: SJ Fisk AS (100%)
Ultimate owner: private person

The owner: the majority owner SJ Fisk AS (holds 100%) made a loss in 2025. A weak parent can affect the subsidiary through group contributions, loans and guarantees. It is an indication to watch, not an assessment of the company.

Change 2007–2025: 100% of the shares changed owner (1 new and 1 departed owners). The majority owner changed.
New owners (companies): SJ Fisk AS

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.

Report an issue

Figures last fetched 28 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index313143
Rank1,6341,6261,454
Operating margin−6.7%−4.5%9.7%
Return on assets−0.9%−0.5%1.9%
Equity ratio24.9%24.1%29.6%
Current ratio0.490.540.73
Revenue growth–−3.6%38.3%

Accounts

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

Key figure202320242025
Operating revenue13.5 MNOK13.0 MNOK18.0 MNOK
Operating profit−0.9 MNOK−0.6 MNOK1.7 MNOK
Profit before tax−1.3 MNOK−2.2 MNOK−1.1 MNOK
Tax expense–––
Net profit−1.1 MNOK−1.7 MNOK−0.8 MNOK
Financial expenses0.4 MNOK1.8 MNOK3.0 MNOK
Total assets101.9 MNOK97.9 MNOK100.7 MNOK
Current assets3.3 MNOK3.3 MNOK3.4 MNOK
Equity25.4 MNOK23.6 MNOK29.8 MNOK
Retained earnings25.2 MNOK23.5 MNOK22.6 MNOK
Total liabilities76.5 MNOK74.3 MNOK70.9 MNOK
Current liabilities6.8 MNOK6.2 MNOK4.6 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 6747236.