OTTO HESTNESS REDERI AS
Score · fiscal year 2025
Not enough data: Revenue not reported
Based on the annual accounts for 2025
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating margin | – | 14.3% |
| Profit margin | – | 10.0% |
| Return on assets | 11.6% | 8.5% |
| Equity ratio | 94.9% | 42.2% |
| Debt-to-equity | 0.05 | 1.21 |
| Current ratio | 19.78 | 1.50 |
| Revenue growth | – | 2.5% |
The median and “ahead of” refer to companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
Score over time
Score over time needs at least two fiscal years with a score. It will appear when next year's figures are fetched or history is imported.
What the numbers say
OTTO HESTNESS REDERI AS had an equity ratio of 94.9% in 2025. The company is not ranked: revenue not reported.
From 2024 to 2025: the equity ratio rose from 82.0% to 94.9%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 122 MNOK and 135 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 135 MNOK |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 122 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 1.3% 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
- watch Revenue not reported
- watch No revenue but large assets
Scenario analysis: the sector's weakest year
We have no accounts for 2026, the sector's weakest year, for this company.
The sector's weakest year was 2026, with a median operating margin of 6.1%. Based on the 7 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
Questions and answers
How profitable is OTTO HESTNESS REDERI AS?
The operating margin was – in 2025, against a median of 14.3% among companies in the same sector. Return on assets was 11.6%.
How solid is OTTO HESTNESS REDERI AS?
The equity ratio was 94.9% in 2025 (median 42.2%). Debt-to-equity was 0.05 (median 1.21).
What is the liquidity of OTTO HESTNESS REDERI AS like?
The current ratio was 19.78 in 2025 (median 1.50).
From the Central Coordinating Register
- Org. no.
- 981451791
- Legal form
- AS
- Sector
- Sjøfart (50.201)
- Employees
- 0–4 (not registered)
- Founded
- 31 December 1999 26 years in operation
- Share capital
- 23.20 MNOK
- Business address
- Øvre Ole Bulls plass 1, 5012 BERGEN
- Municipality
- Bergen rank 8 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
- Thorolf Hestness
- Chair of the board
- Thorolf Hestness
- Board member
- Casper Hestness
- Board member
- Inger Helene Hestness
- Auditor
- DELOITTE AS
- Accountant
- COMPLÉR ACCOUNTING 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 | – | – | – | |
| Rank | – | – | – | |
| Operating margin | – | – | – | |
| Return on assets | 30.6% | 10.0% | 11.6% | |
| Equity ratio | 83.2% | 82.0% | 94.9% | |
| Current ratio | 5.82 | 5.49 | 19.78 | |
| Revenue growth | – | – | – |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | – | – | – |
| Operating profit | −0.2 MNOK | −0.2 MNOK | −0.2 MNOK |
| Profit before tax | 43.0 MNOK | 12.6 MNOK | 14.9 MNOK |
| Net profit | 41.9 MNOK | 11.1 MNOK | 13.5 MNOK |
| Financial expenses | −3.1 MNOK | 1.3 MNOK | 0.1 MNOK |
| Total assets | 130.3 MNOK | 139.0 MNOK | 128.9 MNOK |
| Current assets | 127.3 MNOK | 137.6 MNOK | 128.7 MNOK |
| Equity | 108.4 MNOK | 114.0 MNOK | 122.4 MNOK |
| Retained earnings | 70.1 MNOK | 75.7 MNOK | 84.1 MNOK |
| Total liabilities | 21.9 MNOK | 25.0 MNOK | 6.5 MNOK |
| Current liabilities | 21.9 MNOK | 25.0 MNOK | 6.5 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 6764040.