Hancom AS

Org. no. 999301789 · Oslo · Founded 2012 · 103 employees

Score · fiscal year 2024

42of 100

How to read this: the company is ahead of 31 % of companies in the Morning class Medium in the same sector in 2024. What does this mean?

Rank in the Morning class Medium: 1,189 of 1,723 · What are Morning company classes?
Place in the whole sector: 12,879 of 19,404 · Bygg og anlegg

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 59 and solidity 42 out of 100 among companies in the Morning class Medium in the same sector in 2024. Methodology

Against the sector

Hancom AS is 9 points below the median for companies in the Morning class Medium in the same sector in 2024.

Median score 51 among 1,723 companies.

Against companies in the Morning class Medium in the same sector in 2024: operating margin 7.1% (median 4.6%) and equity ratio 27.3% (median 30.1%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 29 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue164 MNOK90 MNOK
Operating margin 7.1% 4.6% 66 %
Profit margin 6.1% 4.6% shown, not part of the index
Return on assets 12.5% 11.8% 52 %
Equity ratio 27.3% 30.1% 43 %
Debt-to-equity 2.66 2.28 42 %
Current ratio 0.73 1.39 4 %
Revenue growth −4.5% 5.7% 33 %
Revenue per employee1.59 MNOK2.48 MNOK

The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 42, Hancom AS does better than 31% of companies in the Morning class Medium in the same sector (1,723 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Hancom AS
  • Median: companies in the Morning class Medium in the same sector
Analysis · 2024

What the numbers say

Hancom AS had an operating margin of 7.1% and an equity ratio of 27.3% in 2024, and ranks 12,879 of 19,404 in Bygg og anlegg.

From 2023 to 2024: the operating margin fell from 9.7% to 7.1%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 27 MNOK and 78 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 7.8 MNOK 10.0 78 MNOK
EV/EBIT Operating profit: 11.7 MNOK
minus net debt 22.5 MNOK
8.0 71 MNOK
P/B Equity: 27.1 MNOK 1.0 27 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 · 2024

Worth a closer look

  • watch

    Consider strengthening liquidity: current liabilities are 1.4 times current assets.

    Based on: Current ratio 0.73 (median 1.39).

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

Financial costs were 3.4% of the debt in 2024. The policy rate averaged 4.50 % 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 · 2024

What the score is made of

Profitability59 weight 30%
Solidity42 weight 25%
Liquidity4 weight 15%
Growth33 weight 15%
Consistency51 weight 15%

Durability: 47 (average over 2 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2024

Questions and answers

How profitable is Hancom AS?

The operating margin was 7.1% in 2024, against a median of 4.6% among companies in the Morning class Medium in the same sector. Return on assets was 12.5%.

How solid is Hancom AS?

The equity ratio was 27.3% in 2024 (median 30.1%). Debt-to-equity was 2.66 (median 2.28).

What is the liquidity of Hancom AS like?

The current ratio was 0.73 in 2024 (median 1.39). Current assets did not cover current liabilities.

How does Hancom AS compare in Bygg og anlegg?

Hancom AS ranks 12,879 of 19,404 in Bygg og anlegg for 2024. Among companies in the Morning class Medium it is number 1,189 of 1,723. Revenue changed by −4.5% 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 figures in the group accounts against the company's own accounts
Key figureThe groupThe company alone (2024)
Operating margin−1.0% –
Return on assets−0.8% –
Equity ratio27.1% –
Current ratio0.64 –
Revenue growth−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

Loading roles …

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
Index534233
Rank8,57912,87916,022
Operating margin9.7%7.1%4.1%
Return on assets18.6%12.5%8.2%
Equity ratio29.0%27.3%27.1%
Current ratio0.730.730.67
Revenue growth–−4.5%−12.2%

Accounts

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

Key figure202320242025
Operating revenue171.3 MNOK163.6 MNOK143.7 MNOK
Operating profit16.7 MNOK11.7 MNOK5.9 MNOK
Profit before tax15.7 MNOK10.0 MNOK−4.0 MNOK
Net profit12.3 MNOK7.8 MNOK−4.9 MNOK
Financial expenses1.5 MNOK2.4 MNOK10.7 MNOK
Total assets92.7 MNOK99.1 MNOK81.9 MNOK
Current assets32.6 MNOK34.2 MNOK23.7 MNOK
Equity26.9 MNOK27.1 MNOK22.2 MNOK
Retained earnings26.7 MNOK26.9 MNOK22.0 MNOK
Total liabilities65.8 MNOK72.1 MNOK59.7 MNOK
Current liabilities44.3 MNOK46.8 MNOK35.2 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 6331055.

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