HAVGLANS AS
Score · fiscal year 2025
62of 100
How to read this: the company is ahead of 77 % of small companies in the same sector in 2025. What does this mean?
Rank: 978 of 4,158 · Sjømat
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 80 and solidity 52 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
HAVGLANS AS is 12 points above the median for small companies in the same sector in 2025.
Median score 50 among 3,607 companies.
Against small companies in the same sector in 2025: operating margin 42.2% (median 9.9%) and equity ratio 46.0% (median 36.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 77 MNOK | 2 MNOK |
| Operating margin | 42.2% | 9.9% |
| Profit margin | 37.8% | 6.6% |
| Return on assets | 10.4% | 3.1% |
| Equity ratio | 46.0% | 36.4% |
| Debt-to-equity | 1.18 | 1.03 |
| Current ratio | 2.83 | 1.66 |
| Revenue growth | −12.8% | 13.5% |
The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 62, HAVGLANS AS does better than 77% of small companies in the same sector (3,639 companies) in 2025.
Score 2023–2025
- HAVGLANS AS
- Median: small companies in the same sector
HAVGLANS AS has a score of 62 for 2025, rank 978 of 4,158 in the sector.
Strongest: Profitability: percentile 80 against peers, operating margin 42.2% against a median of 9.9%. Consistency: percentile 77 against peers.
Weakest: Growth: percentile 23 against peers, revenue growth −12.8% against a median of 13.5%.
Worth a closer look
- 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
What the numbers say
HAVGLANS AS had an operating margin of 42.2% and an equity ratio of 46.0% in 2025, and ranks 978 of 4,158 in Sjømat.
From 2024 to 2025: the operating margin rose from 33.4% to 42.2% and revenue fell by 13%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 152 MNOK and 230 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 230 MNOK |
| EV/EBIT | 8.0 | 152 MNOK |
| P/B | 1.0 | 172 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 5.0% 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.
Data quality
No anomalies found in 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 −5.0%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 80 | weight 30% |
|---|---|---|
| Solidity | 52 | weight 25% |
| Liquidity | 65 | weight 15% |
| Growth | 23 | weight 15% |
| Consistency | 77 | weight 15% |
Durability: 64 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is HAVGLANS AS?
The operating margin was 42.2% in 2025, against a median of 9.9% among small companies in the same sector. Return on assets was 10.4%.
How solid is HAVGLANS AS?
The equity ratio was 46.0% in 2025 (median 36.4%). Debt-to-equity was 1.18 (median 1.03).
What is the liquidity of HAVGLANS AS like?
The current ratio was 2.83 in 2025 (median 1.66).
How does HAVGLANS AS compare in Sjømat?
HAVGLANS AS ranks 978 of 4,158 in Sjømat for 2025. Among companies of the same size (small companies) it ranks 854 of 3,639. Revenue changed by −12.8% from the year before.
From the Central Coordinating Register
- Org. no.
- 997038991
- Legal form
- AS
- Sector
- Sjømat (03.110)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 7 June 2011 15 years in operation
- Share capital
- 9.59 MNOK
- Business address
- 5334 HELLESØY (ØYGARDEN)
- Municipality
- Øygarden rank 1–6 of 13 in KOSTRA group 10
- Latest accounts filed
- 2025
- LEI
- 254900V2JN399C18ZJ03 renews 19 November 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
- Chief executive
- Einar Carsten Sæle
- Chair of the board
- Lars Johan Mælingen
- Board member
- Einar Carsten Sæle
- Board member
- Kjersti Marie Fjeldstad Eriksen
- Auditor
- FAKTA REVISJON 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 29 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 | 62 | 68 | 62 | |
| Rank | 1,052 | 589 | 978 | |
| Operating margin | 43.4% | 33.4% | 42.2% | |
| Return on assets | 10.4% | 10.2% | 10.4% | |
| Equity ratio | 37.1% | 41.3% | 46.0% | |
| Current ratio | 1.93 | 2.29 | 2.83 | |
| Revenue growth | – | 23.7% | −12.8% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 71.1 MNOK | 88.0 MNOK | 76.7 MNOK |
| Operating profit | 30.8 MNOK | 29.4 MNOK | 32.3 MNOK |
| Profit before tax | 26.0 MNOK | 25.5 MNOK | 28.9 MNOK |
| Net profit | 20.4 MNOK | 20.1 MNOK | 23.0 MNOK |
| Financial expenses | 11.0 MNOK | 11.5 MNOK | 10.1 MNOK |
| Total assets | 356.5 MNOK | 363.2 MNOK | 373.5 MNOK |
| Current assets | 69.9 MNOK | 80.8 MNOK | 97.4 MNOK |
| Equity | 132.1 MNOK | 150.2 MNOK | 171.7 MNOK |
| Retained earnings | 73.9 MNOK | 92.0 MNOK | 113.6 MNOK |
| Total liabilities | 224.4 MNOK | 213.0 MNOK | 201.8 MNOK |
| Current liabilities | 36.2 MNOK | 35.3 MNOK | 34.4 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 6935900.
Further
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