Havglans AS

Org. no. 997038991 · Øygarden · Founded 2011

Score · fiscal year 2023

63of 100

How to read this: the company is ahead of 71 % of companies in the Morning class Medium in the same sector in 2023. What does this mean?

Rank in the Morning class Medium: 125 of 435 · What are Morning company classes?
Place in the whole sector: 581 of 2,045 · Sjømat

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 73 and solidity 57 out of 100 among companies in the Morning class Medium in the same sector in 2023. Methodology

Against the sector

Havglans AS is 13 points above the median for companies in the Morning class Medium in the same sector in 2023.

Median score 50 among 435 companies.

Against companies in the Morning class Medium in the same sector in 2023: operating margin 43.4% (median 13.1%) and equity ratio 37.1% (median 33.2%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 29 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue71 MNOK111 MNOK
Operating margin 43.4% 13.1% 93 %
Profit margin 36.6% 9.5% shown, not part of the index
Return on assets 10.4% 9.5% 53 %
Equity ratio 37.1% 33.2% 58 %
Debt-to-equity 1.70 1.95 57 %
Current ratio 1.93 1.57 60 %
Revenue growth – −4.5% not compared

The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 63, Havglans AS does better than 71% of companies in the Morning class Medium in the same sector (435 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Havglans AS
  • Median: companies in the Morning class Medium in the same sector
Analysis · 2023

What the numbers say

Havglans AS had an operating margin of 43.4% and an equity ratio of 37.1% in 2023, and ranks 581 of 2,045 in Sjømat.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 95 MNOK and 204 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 20.4 MNOK 10.0 204 MNOK
EV/EBIT Operating profit: 30.8 MNOK
minus net debt 151.7 MNOK
8.0 95 MNOK
P/B Equity: 132.1 MNOK 1.0 132 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 · 2023

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 4.9% 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.

Stress test · 2022

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 −0.5%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability73 weight 30%
Solidity57 weight 25%
Liquidity60 weight 15%
Growth– no data, left out
Consistency54 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2023

Questions and answers

How profitable is Havglans AS?

The operating margin was 43.4% in 2023, against a median of 13.1% among companies in the Morning class Medium in the same sector. Return on assets was 10.4%.

How solid is Havglans AS?

The equity ratio was 37.1% in 2023 (median 33.2%). Debt-to-equity was 1.70 (median 1.95).

What is the liquidity of Havglans AS like?

The current ratio was 1.93 in 2023 (median 1.57).

How does Havglans AS compare in Sjømat?

Havglans AS ranks 581 of 2,045 in Sjømat for 2023. Among companies in the Morning class Medium it is number 125 of 435.

From the Central Coordinating Register

Org. no.
997038991
Legal form
AS
Sector
Sjømat (03.110)
Morning company class
Medium
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.

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Figures last fetched 29 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index636762
Rank581355537
Operating margin43.4%33.4%42.2%
Return on assets10.4%10.2%10.4%
Equity ratio37.1%41.3%46.0%
Current ratio1.932.292.83
Revenue growth–23.7%−12.8%

Accounts

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

Key figure202320242025
Operating revenue71.1 MNOK88.0 MNOK76.7 MNOK
Operating profit30.8 MNOK29.4 MNOK32.3 MNOK
Profit before tax26.0 MNOK25.5 MNOK28.9 MNOK
Net profit20.4 MNOK20.1 MNOK23.0 MNOK
Financial expenses11.0 MNOK11.5 MNOK10.1 MNOK
Total assets356.5 MNOK363.2 MNOK373.5 MNOK
Current assets69.9 MNOK80.8 MNOK97.4 MNOK
Equity132.1 MNOK150.2 MNOK171.7 MNOK
Retained earnings73.9 MNOK92.0 MNOK113.6 MNOK
Total liabilities224.4 MNOK213.0 MNOK201.8 MNOK
Current liabilities36.2 MNOK35.3 MNOK34.4 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 5300287.