H Holgersen Optikk AS

Org. no. 834308312 · Haugesund · Founded 1983 · 23 employees

Score · fiscal year 2025

47of 100

How to read this: the company is ahead of 42 % of companies in the Morning class Small in the same sector in 2025. What does this mean?

Rank in the Morning class Small: 4,333 of 7,416 · What are Morning company classes?
Place in the whole sector: 13,147 of 22,940 · Handel

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 90 and solidity 16 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology

Against the sector

H Holgersen Optikk AS is 4 points below the median for companies in the Morning class Small in the same sector in 2025.

Median score 51 among 7,416 companies.

Against companies in the Morning class Small in the same sector in 2025: operating margin 11.1% (median 3.4%) and equity ratio 10.1% (median 36.3%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue39 MNOK20 MNOK
Operating margin 11.1% 3.4% 85 %
Profit margin 11.4% 3.0% shown, not part of the index
Return on assets 44.8% 10.0% 95 %
Equity ratio 10.1% 36.3% 19 %
Debt-to-equity 8.91 1.51 12 %
Current ratio 0.93 1.73 10 %
Revenue growth 2.2% 5.7% 38 %
Revenue per employee1.69 MNOK2.08 MNOK

The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 47, H Holgersen Optikk AS does better than 42% of companies in the Morning class Small in the same sector (7,416 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • H Holgersen Optikk AS
  • Median: companies in the Morning class Small in the same sector
Summary analysis

H Holgersen Optikk AS has a score of 47 for 2025, rank 13,147 of 22,940 in the sector.

Strongest: Profitability: percentile 90 against peers, operating margin 11.1% against a median of 3.4%.

Weakest: Liquidity: percentile 10 against peers, current ratio 0.93 against a median of 1.73. Solidity: percentile 16 against peers, equity ratio 10.1% against a median of 36.3%.

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

H Holgersen Optikk AS had an operating margin of 11.1% and an equity ratio of 10.1% in 2025, and ranks 13,147 of 22,940 in Handel.

No large changes in the key figures from 2024 to 2025.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 1 MNOK and 32 MNOK.

MethodInputMultipleListed basisEstimate
P/E Net profit (mean 2023–2025): 3.0 MNOK 21.2 64 MNOK 31 MNOK
EV/EBIT Operating profit (mean 2023–2025): 3.8 MNOK
minus net debt −2.8 MNOK
16.6 66 MNOK 32 MNOK
P/B Equity: 1.0 MNOK 2.2 2 MNOK 1 MNOK

The listed basis is the value at listed multiples. The estimate is lowered by 51% for an unlisted company: 20% for lack of marketability and 38% for size (a small-company premium of 4% on the cost of equity).

A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. See the calculation

Indications · 2025

Worth a closer look

  • watch

    Consider strengthening liquidity: current liabilities are 1.1 times current assets.

    Based on: Current ratio 0.93 (median 1.73).

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

Financial costs were 0.0% 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.

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 1.5%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability90 weight 30%
Solidity16 weight 25%
Liquidity10 weight 15%
Growth38 weight 15%
Consistency56 weight 15%

Durability: 46 (average over 3 years)

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

2025

Questions and answers

How profitable is H Holgersen Optikk AS?

The operating margin was 11.1% in 2025, against a median of 3.4% among companies in the Morning class Small in the same sector. Return on assets was 44.8%.

How solid is H Holgersen Optikk AS?

The equity ratio was 10.1% in 2025 (median 36.3%). Debt-to-equity was 8.91 (median 1.51).

What is the liquidity of H Holgersen Optikk AS like?

The current ratio was 0.93 in 2025 (median 1.73). Current assets did not cover current liabilities.

How does H Holgersen Optikk AS compare in Handel?

H Holgersen Optikk AS ranks 13,147 of 22,940 in Handel for 2025. Among companies in the Morning class Small it is number 4,333 of 7,416. Revenue changed by 2.2% from the year before.

Group accounts

The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.

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.
834308312
Legal form
AS · part of a group
Sector
Handel (47.740)
Morning company class
Small
Employees
23 registered 10 October 2026
Founded
31 August 1983 43 years in operation
Share capital
0.10 MNOK
Business address
Haraldsgata 78, 5528 HAUGESUND
Municipality
Haugesund rank 1–6 of 13 in KOSTRA group 10
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

Loading roles …

Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.

Shareholders (2025)

Number of shareholders
1 (one owner)
Largest owner
100.0%
Split
companies 100% · private persons 0% · foreign 0%
Owned from the same municipality
100%
Group chain
Owned by: Holgersen Optikk Holding AS (100%)
Ultimate owner: private person

Change 2007–2025: 100% of the shares changed owner (1 new and 1 departed owners). The majority owner changed.
New owners (companies): Holgersen Optikk Holding AS
Departed (companies): H Holgersen Eiendom AS

Holds shares in: Haugesund Sentrum Næringsdrift AS (1%)

Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.

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.

Report an issue

Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index424847
Rank12,97911,94613,147
Operating margin9.2%9.8%11.1%
Return on assets39.5%43.0%44.8%
Equity ratio11.9%11.2%10.1%
Current ratio0.910.980.93
Revenue growth–5.6%2.2%

Accounts

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

Key figure202320242025
Operating revenue35.9 MNOK38.0 MNOK38.8 MNOK
Operating profit3.3 MNOK3.7 MNOK4.3 MNOK
Profit before tax3.3 MNOK3.8 MNOK4.4 MNOK
Tax expense0.7 MNOK0.8 MNOK1.0 MNOK
Net profit2.6 MNOK3.0 MNOK3.5 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets8.4 MNOK8.9 MNOK9.9 MNOK
Current assets6.7 MNOK7.8 MNOK8.3 MNOK
Equity1.0 MNOK1.0 MNOK1.0 MNOK
Retained earnings0.9 MNOK0.9 MNOK0.9 MNOK
Total liabilities7.4 MNOK7.9 MNOK8.9 MNOK
Current liabilities7.4 MNOK7.9 MNOK8.9 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6438997.