HÖRMANN NORGE AS
Score · fiscal year 2025
57of 100
How to read this: the company is ahead of 66 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 11,702 of 32,581 · Bygg og anlegg
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 15 and solidity 88 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
HÖRMANN NORGE AS is 7 points above the median for medium-sized companies in the same sector in 2025.
Median score 50 among 1,024 companies.
Against medium-sized companies in the same sector in 2025: operating margin −0.4% (median 4.6%) and equity ratio 64.4% (median 31.2%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 409 MNOK | 176 MNOK |
| Operating margin | −0.4% | 4.6% |
| Profit margin | 0.7% | 4.6% |
| Return on assets | 1.1% | 10.7% |
| Equity ratio | 64.4% | 31.2% |
| Debt-to-equity | 0.55 | 2.19 |
| Current ratio | 2.33 | 1.36 |
| Revenue growth | 3.6% | 6.6% |
| Revenue per employee | 3.03 MNOK | 3.09 MNOK |
The median and “ahead of” refer to medium-sized companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 57, HÖRMANN NORGE AS does better than 66% of medium-sized companies in the same sector (1,030 companies) in 2025.
Score 2023–2025
- HÖRMANN NORGE AS
- Median: medium-sized companies in the same sector
HÖRMANN NORGE AS has a score of 57 for 2025, rank 11,702 of 32,581 in the sector.
Strongest: Liquidity: percentile 89 against peers, current ratio 2.33 against a median of 1.36. Solidity: percentile 88 against peers, equity ratio 64.4% against a median of 31.2%.
Weakest: Profitability: percentile 15 against peers, operating margin −0.4% against a median of 4.6%.
Worth a closer look
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin −0.4% (median 4.6%).
- What lies behind weak profitability, 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
HÖRMANN NORGE AS had an operating margin of −0.4% and an equity ratio of 64.4% in 2025, and ranks 11,702 of 32,581 in Bygg og anlegg.
No large changes in the key figures from 2024 to 2025.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 21 MNOK and 160 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 21 MNOK |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 160 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
- watch
The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin −0.4% (median 4.6%).
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.
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 2.4%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 15 | weight 30% |
|---|---|---|
| Solidity | 88 | weight 25% |
| Liquidity | 89 | weight 15% |
| Growth | 45 | weight 15% |
| Consistency | 67 | weight 15% |
Durability: 55 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is HÖRMANN NORGE AS?
The operating margin was −0.4% in 2025, against a median of 4.6% among medium-sized companies in the same sector. Return on assets was 1.1%.
How solid is HÖRMANN NORGE AS?
The equity ratio was 64.4% in 2025 (median 31.2%). Debt-to-equity was 0.55 (median 2.19).
What is the liquidity of HÖRMANN NORGE AS like?
The current ratio was 2.33 in 2025 (median 1.36).
How does HÖRMANN NORGE AS compare in Bygg og anlegg?
HÖRMANN NORGE AS ranks 11,702 of 32,581 in Bygg og anlegg for 2025. Among companies of the same size (medium-sized companies) it ranks 346 of 1,030. Revenue changed by 3.6% from the year before.
Public contracts
- Contracts awarded since 2024
- 2
- Total awarded value since 2024
- value not stated
- 1 contracts without a stated value are not in the total.
- Framework agreements
- 1
- Left out of the total: the value is a ceiling, not actual spend.
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 6 February 2026 | STATSBYGG | 2025/5482 Rammeavtale om levering, service og vedlikehold av porter i Finnmark | 4.0 MNOK (framework) |
| 21 March 2025 | Stavanger Parkeringsselskap KF | Brannporter til P-hus | value not stated |
| 30 January 2023 | AVINOR AS | Avinor AS - K-190232 - Rammeavtale innkjøp og service av industriporter | 80.0 MNOK |
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.
- 980908836
- Legal form
- AS
- Sector
- Bygg og anlegg (43.240)
- Size tier
- medium
- Employees
- 135 registered 10 October 2026
- Founded
- 15 June 1999 27 years in operation
- Share capital
- 115.55 MNOK
- Business address
- Østre Lone lier 75, 4642 SØGNE (KRISTIANSAND)
- Municipality
- Kristiansand rank 2–6 of 11 in KOSTRA group 12
- 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
- Svein Sørlie
- Chair of the board
- Christoph Paul Stephan Hörmann
- Board member
- Martin Jobst Hermann Hörmann
- Auditor
- REVISJON SØR 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 | 56 | 52 | 57 | |
| Rank | 11,758 | 14,799 | 11,702 | |
| Operating margin | 0.6% | 0.3% | −0.4% | |
| Return on assets | 1.9% | 1.7% | 1.1% | |
| Equity ratio | 60.6% | 60.9% | 64.4% | |
| Current ratio | 2.07 | 2.07 | 2.33 | |
| Revenue growth | – | −6.9% | 3.6% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 424.4 MNOK | 395.0 MNOK | 409.2 MNOK |
| Operating profit | 2.4 MNOK | 1.2 MNOK | −1.5 MNOK |
| Profit before tax | 4.8 MNOK | 4.4 MNOK | 2.8 MNOK |
| Net profit | 3.8 MNOK | 3.3 MNOK | 2.1 MNOK |
| Financial expenses | 0.2 MNOK | 0.1 MNOK | 0.0 MNOK |
| Total assets | 257.3 MNOK | 259.8 MNOK | 249.0 MNOK |
| Current assets | 209.6 MNOK | 209.6 MNOK | 206.4 MNOK |
| Equity | 156.0 MNOK | 158.3 MNOK | 160.3 MNOK |
| Retained earnings | 40.5 MNOK | 42.7 MNOK | 44.8 MNOK |
| Total liabilities | 101.3 MNOK | 101.5 MNOK | 88.6 MNOK |
| Current liabilities | 101.2 MNOK | 101.5 MNOK | 88.6 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 7077230.
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