Hancom AS
Score · fiscal year 2025
33of 100
How to read this: the company is ahead of 17 % of companies in the Morning class Medium in the same sector in 2025. What does this mean?
Rank in the Morning class Medium: 1,459 of 1,763 · What are Morning company classes?
Place in the whole sector: 16,022 of 20,338 · Bygg og anlegg
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 43 and solidity 41 out of 100 among companies in the Morning class Medium in the same sector in 2025. Methodology
Against the sector
Hancom AS is 17 points below the median for companies in the Morning class Medium in the same sector in 2025.
Median score 50 among 1,762 companies.
Against companies in the Morning class Medium in the same sector in 2025: operating margin 4.1% (median 4.5%) and equity ratio 27.1% (median 30.5%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 144 MNOK | 91 MNOK |
| Operating margin | 4.1% | 4.5% |
| Profit margin | −2.8% | 4.5% |
| Return on assets | 8.2% | 11.4% |
| Equity ratio | 27.1% | 30.5% |
| Debt-to-equity | 2.69 | 2.23 |
| Current ratio | 0.67 | 1.38 |
| Revenue growth | −12.2% | 6.8% |
| Revenue per employee | 1.40 MNOK | 2.53 MNOK |
The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 33, Hancom AS does better than 17% of companies in the Morning class Medium in the same sector (1,763 companies) in 2025.
Score 2023–2025
- Hancom AS
- Median: companies in the Morning class Medium in the same sector
Hancom AS has a score of 33 for 2025, rank 16,022 of 20,338 in the sector.
Strongest: Consistency: percentile 43 against peers.
Weakest: Liquidity: percentile 3 against peers, current ratio 0.67 against a median of 1.38. Growth: percentile 18 against peers, revenue growth −12.2% against a median of 6.8%.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 1.5 times current assets. Based on: current ratio 0.67 (median 1.38).
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −2.8% (median 4.5%).
- 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
Hancom AS had an operating margin of 4.1% and an equity ratio of 27.1% in 2025, and ranks 16,022 of 20,338 in Bygg og anlegg.
From 2024 to 2025: went from a profit to a loss before tax and the operating margin fell from 7.1% to 4.1%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 22 MNOK and 24 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | 24 MNOK |
| P/B | 1.0 | 22 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
- watch
Consider strengthening liquidity: current liabilities are 1.5 times current assets.
Based on: Current ratio 0.67 (median 1.38).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −2.8% (median 4.5%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 17.9% 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.
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
What the score is made of
| Profitability | 43 | weight 30% |
|---|---|---|
| Solidity | 41 | weight 25% |
| Liquidity | 3 | weight 15% |
| Growth | 18 | weight 15% |
| Consistency | 43 | weight 15% |
Durability: 42 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Hancom AS?
The operating margin was 4.1% in 2025, against a median of 4.5% among companies in the Morning class Medium in the same sector. Return on assets was 8.2%. The company made a loss before tax.
How solid is Hancom AS?
The equity ratio was 27.1% in 2025 (median 30.5%). Debt-to-equity was 2.69 (median 2.23).
What is the liquidity of Hancom AS like?
The current ratio was 0.67 in 2025 (median 1.38). Current assets did not cover current liabilities.
How does Hancom AS compare in Bygg og anlegg?
Hancom AS ranks 16,022 of 20,338 in Bygg og anlegg for 2025. Among companies in the Morning class Medium it is number 1,459 of 1,763. Revenue changed by −12.2% from the year before.
Group accounts · 2025
21 of 100
Rank 186 of 198 groups in the Morning class Medium in Bygg og anlegg. Groups are ranked only against other groups in the same sector and class, never against single companies.
- Operating revenue, group
- 144 MNOK
- Operating profit, group
- −1 MNOK
- Profit before tax, group
- −3 MNOK
- Total assets, group
- 85 MNOK
- Equity, group
- 23 MNOK
| Key figure | The group | The company alone (2025) |
|---|---|---|
| Operating margin | −1.0% | 4.1% |
| Return on assets | −0.8% | 8.2% |
| Equity ratio | 27.1% | 27.1% |
| Current ratio | 0.64 | 0.67 |
| Revenue growth | −12.2% | −12.2% |
Group index in earlier years: 2023: 50 (166 of 349), 2024: 44 (138 of 221).
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 2025 (open data, NLOD 2.0).
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 999301789
- Legal form
- AS
- Sector
- Bygg og anlegg (43.210)
- Morning company class
- Medium
- Employees
- 103 registered 10 October 2026
- Founded
- 1 December 2012 13 years in operation
- Share capital
- 0.20 MNOK
- Business address
- Professor Birkelands vei 36, 1081 OSLO
- Municipality
- Oslo rank 63–220 of 357 in Norway
- Latest accounts filed
- 2025
- Website
- www.bktas.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
- Jan-Petter Haukerud Hansen
- Chair of the board
- Trygve Hansen
- Board member
- Jan-Petter Haukerud Hansen
- Deputy member
- Renate Nielsen
- Auditor
- BERGE & Lundal Revisjonsselskap AS
- Accountant
- Enora 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.
Figures last fetched 29 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 53 | 42 | 33 | |
| Rank | 8,579 | 12,879 | 16,022 | |
| Operating margin | 9.7% | 7.1% | 4.1% | |
| Return on assets | 18.6% | 12.5% | 8.2% | |
| Equity ratio | 29.0% | 27.3% | 27.1% | |
| Current ratio | 0.73 | 0.73 | 0.67 | |
| Revenue growth | – | −4.5% | −12.2% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 171.3 MNOK | 163.6 MNOK | 143.7 MNOK |
| Operating profit | 16.7 MNOK | 11.7 MNOK | 5.9 MNOK |
| Profit before tax | 15.7 MNOK | 10.0 MNOK | −4.0 MNOK |
| Net profit | 12.3 MNOK | 7.8 MNOK | −4.9 MNOK |
| Financial expenses | 1.5 MNOK | 2.4 MNOK | 10.7 MNOK |
| Total assets | 92.7 MNOK | 99.1 MNOK | 81.9 MNOK |
| Current assets | 32.6 MNOK | 34.2 MNOK | 23.7 MNOK |
| Equity | 26.9 MNOK | 27.1 MNOK | 22.2 MNOK |
| Retained earnings | 26.7 MNOK | 26.9 MNOK | 22.0 MNOK |
| Total liabilities | 65.8 MNOK | 72.1 MNOK | 59.7 MNOK |
| Current liabilities | 44.3 MNOK | 46.8 MNOK | 35.2 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 7240954.
Further
Similar companies
- Bergen Air AS index 33, rank 16,009 · compare
- Laukas Elektriske AS index 33, rank 16,010 · compare
- Alliero AS index 33, rank 16,025 · compare
- Ømf Hamar AS index 33, rank 16,031 · compare
- Bygg og Energiservice AS index 33, rank 16,066 · compare