HOLDEM AS

Org. no. 989232932 · FREDRIKSTAD · Founded 2005

Score · fiscal year 2025

Not enough data: Revenue not reported

Based on the annual accounts for 2025

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 margin – 3.9% not compared
Profit margin – 3.5% shown, not part of the index
Return on assets 17.9% 9.0% not compared
Equity ratio 21.9% 33.3% not compared
Debt-to-equity 3.56 1.56 not compared
Current ratio 1.47 1.44 not compared
Revenue growth – 6.1% not compared

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.

Over time

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.

Analysis · 2025

What the numbers say

HOLDEM AS had an equity ratio of 21.9% in 2025. The company is not ranked: revenue not reported.

From 2024 to 2025: went from a loss to a profit before tax and the equity ratio fell from 43.2% to 21.9%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 4 MNOK and 6 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.6 MNOK 10.0 6 MNOK
EV/EBIT Operating profit: −2.8 MNOK 8.0 not meaningful
P/B Equity: 3.8 MNOK 1.0 4 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

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 13.7% 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

  • watch Revenue not reported
  • watch No revenue but large assets
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

2025

Questions and answers

How profitable is HOLDEM AS?

The operating margin was – in 2025, against a median of 3.9% among companies in the same sector. Return on assets was 17.9%.

How solid is HOLDEM AS?

The equity ratio was 21.9% in 2025 (median 33.3%). Debt-to-equity was 3.56 (median 1.56).

What is the liquidity of HOLDEM AS like?

The current ratio was 1.47 in 2025 (median 1.44).

Group accounts · 2024

43 of 100

Rank 1018 of 1561 groups with group accounts. Groups are ranked only against each other, not against single companies.

Operating revenue, group
63 MNOK
Operating profit, group
3 MNOK
Profit before tax, group
0 MNOK
Total assets, group
73 MNOK
Equity, group
17 MNOK
Key figures in the group accounts against the company's own accounts
Key figureThe groupThe company alone (2025)
Operating margin4.4% –
Return on assets3.9% –
Equity ratio23.3% –
Current ratio1.89 –
Revenue growth−39.5% –

Group index in earlier years: 2023: 28 (1642 of 1951).

Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.

Source: Brønnøysund Register Centre, group accounts 2024 (open data, NLOD 2.0).

Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.

We do not show the group structure, because open data does not say who owns whom.

From the Central Coordinating Register

Org. no.
989232932
Legal form
AS · part of a group
Sector
Bygg og anlegg (43.990)
Size tier
small
Employees
0–4 (not registered)
Founded
19 November 2005 20 years in operation
Share capital
0.10 MNOK
Business address
c/o Hammerstad Maskin AS, Tordenskiolds gate 9E, 1606 FREDRIKSTAD
Municipality
Fredrikstad rank 11 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

Chair of the board
Alex Hammerstad
Deputy member
Lene Margrethe Bro Matland
Auditor
BDO 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
Index–––
Rank–––
Operating margin–−8,237.4%–
Return on assets0.0%−14.5%17.9%
Equity ratio67.6%43.2%21.9%
Current ratio2.802.511.47
Revenue growth–––

Accounts

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

Key figure202320242025
Operating revenue–0.0 MNOK–
Operating profit−0.2 MNOK−2.5 MNOK−2.8 MNOK
Profit before tax−0.7 MNOK−2.9 MNOK1.3 MNOK
Net profit−0.7 MNOK−2.0 MNOK0.6 MNOK
Financial expenses0.7 MNOK0.5 MNOK1.9 MNOK
Total assets19.1 MNOK16.8 MNOK17.4 MNOK
Current assets3.7 MNOK2.7 MNOK6.0 MNOK
Equity12.9 MNOK7.3 MNOK3.8 MNOK
Retained earnings12.5 MNOK6.9 MNOK3.4 MNOK
Total liabilities6.2 MNOK9.5 MNOK13.5 MNOK
Current liabilities1.3 MNOK1.1 MNOK4.0 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 7183995.