Hitra Vind AS
Score · fiscal year 2023
61of 100
How to read this: the company is ahead of 73 % of companies in the Morning class Small in the same sector in 2023. What does this mean?
Rank in the Morning class Small: 42 of 151 · What are Morning company classes?
Place in the whole sector: 241 of 823 · Kraft og energi
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 29 and solidity 80 out of 100 among companies in the Morning class Small in the same sector in 2023. Methodology
Against the sector
Hitra Vind AS is 10 points above the median for companies in the Morning class Small in the same sector in 2023.
Median score 51 among 151 companies.
Against companies in the Morning class Small in the same sector in 2023: operating margin 8.0% (median 21.0%) and equity ratio 69.8% (median 36.7%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 39 MNOK | 20 MNOK |
| Operating margin | 8.0% | 21.0% |
| Profit margin | 7.6% | 28.5% |
| Return on assets | 2.6% | 7.1% |
| Equity ratio | 69.8% | 36.7% |
| Debt-to-equity | 0.43 | 1.55 |
| Current ratio | 14.46 | 1.38 |
| Revenue growth | – | – |
The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 61, Hitra Vind AS does better than 73% of companies in the Morning class Small in the same sector (151 companies) in 2023.
Score 2023–2025
- Hitra Vind AS
- Median: companies in the Morning class Small in the same sector
What the numbers say
Hitra Vind AS had an operating margin of 8.0% and an equity ratio of 69.8% in 2023, and ranks 241 of 823 in Kraft og energi.
Hitra Vind AS did weaker than the sector in 2025, the sector's weakest year.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 126 MNOK and 166 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 166 MNOK |
| EV/EBIT | 8.0 | debt above value |
| P/B | 1.0 | 126 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 3.2% of the debt in 2023. The policy rate averaged 3.54 % 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.
Scenario analysis: the sector's weakest year
The operating margin was −1,105.1% in 2025 (sector median 16.1%), and the equity ratio 55.2%. The company had a loss before tax that year. In the other years the operating margin averaged −28.7%.
The sector's weakest year was 2025, with a median operating margin of 16.1%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 29 | weight 30% |
|---|---|---|
| Solidity | 80 | weight 25% |
| Liquidity | 99 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 55 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is Hitra Vind AS?
The operating margin was 8.0% in 2023, against a median of 21.0% among companies in the Morning class Small in the same sector. Return on assets was 2.6%.
How solid is Hitra Vind AS?
The equity ratio was 69.8% in 2023 (median 36.7%). Debt-to-equity was 0.43 (median 1.55).
What is the liquidity of Hitra Vind AS like?
The current ratio was 14.46 in 2023 (median 1.38).
How does Hitra Vind AS compare in Kraft og energi?
Hitra Vind AS ranks 241 of 823 in Kraft og energi for 2023. Among companies in the Morning class Small it is number 42 of 151.
From the Central Coordinating Register
- Org. no.
- 985129177
- Legal form
- AS
- Sector
- Kraft og energi (35.122)
- Morning company class
- Small
- Employees
- 0–4 (not registered)
- Founded
- 21 October 2002 24 years in operation
- Share capital
- 95.00 MNOK
- Business address
- Lilleakerveien 6, 0283 OSLO
- Municipality
- Oslo rank 63–220 of 357 in Norway
- 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.
Figures last fetched 29 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 61 | 40 | 34 | |
| Rank | 241 | 611 | 716 | |
| Operating margin | 8.0% | −65.4% | −1,105.1% | |
| Return on assets | 2.6% | −7.5% | −68.4% | |
| Equity ratio | 69.8% | 62.5% | 55.2% | |
| Current ratio | 14.46 | 5.47 | 18.34 | |
| Revenue growth | – | −37.8% | −63.0% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 39.2 MNOK | 24.3 MNOK | 9.0 MNOK |
| Operating profit | 3.1 MNOK | −15.9 MNOK | −99.4 MNOK |
| Profit before tax | 3.0 MNOK | −15.9 MNOK | −100.6 MNOK |
| Net profit | 16.6 MNOK | −11.5 MNOK | −55.3 MNOK |
| Financial expenses | 1.7 MNOK | 2.1 MNOK | 2.3 MNOK |
| Total assets | 180.7 MNOK | 183.3 MNOK | 143.8 MNOK |
| Current assets | 45.3 MNOK | 45.4 MNOK | 50.0 MNOK |
| Equity | 126.1 MNOK | 114.6 MNOK | 79.4 MNOK |
| Retained earnings | 23.7 MNOK | 12.1 MNOK | −23.1 MNOK |
| Total liabilities | 54.5 MNOK | 68.8 MNOK | 64.4 MNOK |
| Current liabilities | 3.1 MNOK | 8.3 MNOK | 2.7 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 5131853.
Further
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