SANDHAUG AS
Score · fiscal year 2025
42of 100
How to read this: the company is ahead of 35 % of companies in the Morning class Medium in the same sector in 2025. What does this mean?
Rank in the Morning class Medium: 2,412 of 3,712 · What are Morning company classes?
Place in the whole sector: 14,921 of 23,059 · Handel
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 72 and solidity 15 out of 100 among companies in the Morning class Medium in the same sector in 2025. Methodology
Against the sector
SANDHAUG AS is 8 points below the median for companies in the Morning class Medium in the same sector in 2025.
Median score 50 among 3,712 companies.
Against companies in the Morning class Medium in the same sector in 2025: operating margin 10.4% (median 3.0%) and equity ratio 12.7% (median 30.0%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 104 MNOK | 93 MNOK |
| Operating margin | 10.4% | 3.0% |
| Profit margin | 4.2% | 2.8% |
| Return on assets | 13.7% | 11.6% |
| Equity ratio | 12.7% | 30.0% |
| Debt-to-equity | 6.89 | 2.24 |
| Current ratio | 1.80 | 1.39 |
| Revenue growth | −0.9% | 6.1% |
| Revenue per employee | 5.45 MNOK | 5.07 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 42, SANDHAUG AS does better than 35% of companies in the Morning class Medium in the same sector (3,712 companies) in 2025.
Score 2023–2025
- SANDHAUG AS
- Median: companies in the Morning class Medium in the same sector
SANDHAUG AS has a score of 42 for 2025, rank 14,921 of 23,059 in the sector.
Strongest: Profitability: percentile 72 against peers, operating margin 10.4% against a median of 3.0%. Liquidity: percentile 69 against peers, current ratio 1.80 against a median of 1.39.
Weakest: Solidity: percentile 15 against peers, equity ratio 12.7% against a median of 30.0%. Consistency: percentile 19 against peers.
Worth a closer look
- What lies behind weak solidity, and will it last?
- What lies behind weak consistency, 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
SANDHAUG AS had an operating margin of 10.4% and an equity ratio of 12.7% in 2025, and ranks 14,921 of 23,059 in Handel.
From 2024 to 2025: went from a loss to a profit before tax and the operating margin rose from −0.3% to 10.4%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 11 MNOK and 88 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 38 MNOK |
| EV/EBIT | 8.0 | 88 MNOK |
| P/B | 1.0 | 11 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 9.8% 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 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
What the score is made of
| Profitability | 72 | weight 30% |
|---|---|---|
| Solidity | 15 | weight 25% |
| Liquidity | 69 | weight 15% |
| Growth | 24 | weight 15% |
| Consistency | 19 | weight 15% |
Durability: 26 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is SANDHAUG AS?
The operating margin was 10.4% in 2025, against a median of 3.0% among companies in the Morning class Medium in the same sector. Return on assets was 13.7%.
How solid is SANDHAUG AS?
The equity ratio was 12.7% in 2025 (median 30.0%). Debt-to-equity was 6.89 (median 2.24).
What is the liquidity of SANDHAUG AS like?
The current ratio was 1.80 in 2025 (median 1.39).
How does SANDHAUG AS compare in Handel?
SANDHAUG AS ranks 14,921 of 23,059 in Handel for 2025. Among companies in the Morning class Medium it is number 2,412 of 3,712. Revenue changed by −0.9% from the year before.
Public contracts
- Contracts awarded since 2024
- 1
- Total awarded value since 2024
- 2.6 MNOK
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 19 March 2024 | Gjøvikregionen - Anskaffelser | 223029 Redskapsbærer - Gjøvik kommune | 2.6 MNOK |
| 4 April 2023 | Orkland Kommune | Veghøvel Orkland kommune | 5.5 MNOK |
| 24 November 2022 | Asker kommune | Redskapsbærer | 2.2 MNOK |
| 10 August 2020 | Hvaler kommune | Leddstyrt lastebærer/redskapsbærer | 0.0 MNOK |
Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.
Source: Doffin (DFØ), fetched 27 October 2026. Winners are matched on organisation number.
Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0
From the Central Coordinating Register
- Org. no.
- 876494752
- Legal form
- AS
- Sector
- Handel (46.640)
- Morning company class
- Medium
- Employees
- 19 registered 10 July 2026
- Founded
- 14 May 1996 30 years in operation
- Share capital
- 1.75 MNOK
- Business address
- Amsrudvegen 3, 2827 HUNNDALEN (GJØVIK)
- Municipality
- Gjøvik rank 6–10 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
- Chief executive
- Rune Sandhaug
- Chair of the board
- Rune Sandhaug
- Board member
- Hans Ola Sandhaug
- Auditor
- BDO AS
- Accountant
- ADDVANT RYFYLKE AS
- Accountant
- AZETS INSIGHT 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 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 22 | 13 | 42 | |
| Rank | 18,278 | 21,433 | 14,921 | |
| Operating margin | 1.7% | −0.3% | 10.4% | |
| Return on assets | 3.3% | 0.4% | 13.7% | |
| Equity ratio | 12.4% | 8.5% | 12.7% | |
| Current ratio | 1.18 | 1.12 | 1.80 | |
| Revenue growth | – | −9.6% | −0.9% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 115.7 MNOK | 104.5 MNOK | 103.5 MNOK |
| Operating profit | 2.0 MNOK | −0.3 MNOK | 10.8 MNOK |
| Profit before tax | −0.4 MNOK | −5.1 MNOK | 4.3 MNOK |
| Net profit | −2.2 MNOK | −5.1 MNOK | 3.8 MNOK |
| Financial expenses | 3.7 MNOK | 5.4 MNOK | 7.2 MNOK |
| Total assets | 98.6 MNOK | 80.5 MNOK | 84.0 MNOK |
| Current assets | 89.9 MNOK | 70.2 MNOK | 70.8 MNOK |
| Equity | 12.3 MNOK | 6.8 MNOK | 10.6 MNOK |
| Retained earnings | 3.4 MNOK | −2.0 MNOK | 1.8 MNOK |
| Total liabilities | 86.3 MNOK | 73.7 MNOK | 73.4 MNOK |
| Current liabilities | 76.5 MNOK | 62.8 MNOK | 39.3 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7236666.
Further
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