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M HAUG & SØNN AS

Org. no. 987651571 · Gran · Founded 2004 · 10 employees

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Score · fiscal year 2025

31of 100

How to read this: the company is ahead of 20 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?

Rank in the Morning class Micro: 10,337 of 12,950 · What are Morning company classes?
Place in the whole sector: 16,620 of 20,428 · 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 6 and solidity 56 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology

Against the sector

M HAUG & SØNN AS is 19 points below the median for companies in the Morning class Micro in the same sector in 2025.

Median score 50 among 12,943 companies.

Against companies in the Morning class Micro in the same sector in 2025: operating margin −18.0% (median 3.5%) and equity ratio 42.7% (median 33.1%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 29 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue7 MNOK3 MNOK
Operating margin −18.0% 3.5% 5 %
Profit margin −18.4% 3.0% shown, not part of the index
Return on assets −37.8% 7.8% 7 %
Equity ratio 42.7% 33.1% 60 %
Debt-to-equity 1.34 1.41 51 %
Current ratio 1.36 1.42 47 %
Revenue growth −38.6% 6.1% 7 %
Revenue per employee0.67 MNOK0.88 MNOK

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

With an index of 31, M HAUG & SØNN AS does better than 20% of companies in the Morning class Micro in the same sector (12,950 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • M HAUG & SØNN AS
  • Median: companies in the Morning class Micro in the same sector
Summary analysis

M HAUG & SØNN AS has a score of 31 for 2025, rank 16,620 of 20,428 in the sector.

Strongest: Solidity: percentile 56 against peers, equity ratio 42.7% against a median of 33.1%.

Weakest: Profitability: percentile 6 against peers, operating margin −18.0% against a median of 3.5%. Growth: percentile 7 against peers, revenue growth −38.6% against a median of 6.1%.

Worth a closer look

  • The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −18.4% (median 3.0%).
  • The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin −18.0% (median 3.5%).
  • What lies behind weak profitability, and will it last?
  • What lies behind weak growth, 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

Analysis · 2025

What the numbers say

M HAUG & SØNN AS had an operating margin of −18.0% and an equity ratio of 42.7% in 2025, and ranks 16,620 of 20,428 in Bygg og anlegg.

From 2024 to 2025: went from a profit to a loss before tax and the operating margin fell from 1.4% to −18.0%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

One method gives a figure: 1 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −1.2 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −1.2 MNOK 8.0 not meaningful
P/B Equity: 1.4 MNOK 1.0 1 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

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

    Based on: Profit margin −18.4% (median 3.0%).

  • 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 −18.0% (median 3.5%).

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

Financial costs were 2.0% 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.

See interest rates, prices and exchange rates for the sector

Data quality

No anomalies found in the figures.

Stress test · 2021

Scenario analysis: the sector's weakest year

We have no accounts for 2021, the sector's weakest year, for this company.

The sector's weakest year was 2021, with a median operating margin of 1.8%. 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

Profitability6 weight 30%
Solidity56 weight 25%
Liquidity47 weight 15%
Growth7 weight 15%
Consistency44 weight 15%

Durability: 50 (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 M HAUG & SØNN AS?

The operating margin was −18.0% in 2025, against a median of 3.5% among companies in the Morning class Micro in the same sector. Return on assets was −37.8%. The company made a loss before tax.

How solid is M HAUG & SØNN AS?

The equity ratio was 42.7% in 2025 (median 33.1%). Debt-to-equity was 1.34 (median 1.41).

What is the liquidity of M HAUG & SØNN AS like?

The current ratio was 1.36 in 2025 (median 1.42).

How does M HAUG & SØNN AS compare in Bygg og anlegg?

M HAUG & SØNN AS ranks 16,620 of 20,428 in Bygg og anlegg for 2025. Among companies in the Morning class Micro it is number 10,337 of 12,950. Revenue changed by −38.6% from the year before.

From the Central Coordinating Register

Org. no.
987651571
Legal form
AS
Sector
Bygg og anlegg (43.410)
Morning company class
Micro
Employees
10 registered 10 October 2026
Founded
22 December 2004 21 years in operation
Share capital
0.10 MNOK
Business address
Steinerudsvingen 2, 2770 JAREN (GRAN)
Municipality
Gran rank 19–33 of 38 in KOSTRA group 7
Latest accounts filed
2025
Website
www.mhaug.no

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
Morten Haug
Chair of the board
Morten Haug
Deputy member
Martin Tangen Haug
Auditor
BDO AS
Accountant
HADELAND REGNSKAP 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.

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Figures last fetched 29 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index655331
Rank5,0728,57816,620
Operating margin4.5%1.4%−18.0%
Return on assets16.3%3.9%−37.8%
Equity ratio49.7%60.2%42.7%
Current ratio1.602.051.36
Revenue growth–−38.1%−38.6%

Accounts

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

Key figure202320242025
Operating revenue17.6 MNOK10.9 MNOK6.7 MNOK
Operating profit0.8 MNOK0.2 MNOK−1.2 MNOK
Profit before tax0.8 MNOK0.2 MNOK−1.2 MNOK
Net profit0.6 MNOK0.1 MNOK−1.2 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets5.0 MNOK4.3 MNOK3.2 MNOK
Current assets4.0 MNOK3.5 MNOK2.5 MNOK
Equity2.5 MNOK2.6 MNOK1.4 MNOK
Retained earnings2.4 MNOK2.5 MNOK1.3 MNOK
Total liabilities2.5 MNOK1.7 MNOK1.8 MNOK
Current liabilities2.5 MNOK1.7 MNOK1.8 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 6810262.

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