HELDRUP AS
Score · fiscal year 2024
58of 100
How to read this: the company is ahead of 66 % of companies in the Morning class Micro in the same sector in 2024. What does this mean?
Rank in the Morning class Micro: 3,789 of 11,162 · What are Morning company classes?
Place in the whole sector: 7,637 of 22,346 · Handel
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 20 and solidity 99 out of 100 among companies in the Morning class Micro in the same sector in 2024. Methodology
Against the sector
HELDRUP AS is 8 points above the median for companies in the Morning class Micro in the same sector in 2024.
Median score 50 among 11,155 companies.
Against companies in the Morning class Micro in the same sector in 2024: operating margin −148.1% (median 2.3%) and equity ratio 96.4% (median 35.1%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 1 MNOK | 4 MNOK |
| Operating margin | −148.1% | 2.3% |
| Profit margin | 42.2% | 1.9% |
| Return on assets | 2.2% | 5.6% |
| Equity ratio | 96.4% | 35.1% |
| Debt-to-equity | 0.04 | 1.22 |
| Current ratio | 21.42 | 1.76 |
| Revenue growth | −20.6% | 2.8% |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 58, HELDRUP AS does better than 66% of companies in the Morning class Micro in the same sector (11,162 companies) in 2024.
Score 2023–2025
- HELDRUP AS
- Median: companies in the Morning class Micro in the same sector
What the numbers say
HELDRUP AS had an operating margin of −148.1% and an equity ratio of 96.4% in 2024, and ranks 7,637 of 22,346 in Handel.
From 2023 to 2024: the operating margin fell from −84.2% to −148.1% and revenue fell by 21%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 4 MNOK and 19 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 4 MNOK |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 19 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 −148.1% (median 2.3%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.4% 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.
Data quality
- watch Extreme margin: check 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 1.5%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 20 | weight 30% |
|---|---|---|
| Solidity | 99 | weight 25% |
| Liquidity | 98 | weight 15% |
| Growth | 13 | weight 15% |
| Consistency | 74 | weight 15% |
Durability: 64 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is HELDRUP AS?
The operating margin was −148.1% in 2024, against a median of 2.3% among companies in the Morning class Micro in the same sector. Return on assets was 2.2%.
How solid is HELDRUP AS?
The equity ratio was 96.4% in 2024 (median 35.1%). Debt-to-equity was 0.04 (median 1.22).
What is the liquidity of HELDRUP AS like?
The current ratio was 21.42 in 2024 (median 1.76).
How does HELDRUP AS compare in Handel?
HELDRUP AS ranks 7,637 of 22,346 in Handel for 2024. Among companies in the Morning class Micro it is number 3,789 of 11,162. Revenue changed by −20.6% from the year before.
From the Central Coordinating Register
- Org. no.
- 984343965
- Legal form
- AS
- Sector
- Handel (46.490)
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 31 January 2002 24 years in operation
- Share capital
- 0.23 MNOK
- Business address
- Holumbakken 11, 1481 HAGAN (NITTEDAL)
- Municipality
- Nittedal rank 3–13 of 27 in KOSTRA group 9
- Audit
- Audit opted out from 12 January 2024
- Latest accounts filed
- 2025
- LEI
- 549300T27JOWJSXF4W90 renews 27 October 2027
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
- Chair of the board
- Tore Heldrup Rasmussen
- Board member
- Nina Grønnestad Heldrup
- Deputy member
- Pål Heldrup Rasmussen
- Accountant
- REGNSKAPSSERVICE AS
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
- Parent company
- No parent company: owned by persons
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 30 October 2026. The parent is the one the company itself reported to GLEIF.
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 29 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 70 | 58 | – | |
| Rank | 4,170 | 7,637 | – | |
| Operating margin | −84.2% | −148.1% | −197.3% | |
| Return on assets | 0.9% | 2.2% | −0.8% | |
| Equity ratio | 96.9% | 96.4% | 95.0% | |
| Current ratio | 24.83 | 21.42 | 15.71 | |
| Revenue growth | – | −20.6% | −15.3% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 1.3 MNOK | 1.0 MNOK | 0.9 MNOK |
| Operating profit | −1.1 MNOK | −1.5 MNOK | −1.7 MNOK |
| Profit before tax | 0.1 MNOK | 0.4 MNOK | −0.2 MNOK |
| Net profit | 0.1 MNOK | 0.4 MNOK | −0.2 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 19.0 MNOK | 19.5 MNOK | 19.7 MNOK |
| Current assets | 14.7 MNOK | 15.1 MNOK | 15.3 MNOK |
| Equity | 18.4 MNOK | 18.8 MNOK | 18.7 MNOK |
| Retained earnings | 18.2 MNOK | 18.6 MNOK | 18.5 MNOK |
| Total liabilities | 0.6 MNOK | 0.7 MNOK | 1.0 MNOK |
| Current liabilities | 0.6 MNOK | 0.7 MNOK | 1.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 6151241.
Further
Similar companies
- HARDCORE DEALER KRISTIANSAND AS index 58, rank 7,635 · compare
- MODUL OG BYGGVARE MØRE AS index 58, rank 7,636 · compare
- FLORA GLASS OG LÅS AS index 58, rank 7,638 · compare
- MANDAL BLOMSTER AS index 58, rank 7,640 · compare
- SVEIN ARNE VATNEHOL AS index 58, rank 7,641 · compare