Hans Gaarder AS
Score · fiscal year 2025
84of 100
How to read this: the company is ahead of 98 % of companies in the Morning class Medium in the same sector in 2025. What does this mean?
Rank in the Morning class Medium: 6 of 285 · What are Morning company classes?
Place in the whole sector: 106 of 7,174 · Eiendom
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 89 and solidity 81 out of 100 among companies in the Morning class Medium in the same sector in 2025. Methodology
Against the sector
Hans Gaarder AS is 34 points above the median for companies in the Morning class Medium in the same sector in 2025.
Median score 50 among 285 companies.
Against companies in the Morning class Medium in the same sector in 2025: operating margin 93.8% (median 16.6%) and equity ratio 66.3% (median 29.6%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 50 MNOK | 92 MNOK |
| Operating margin | 93.8% | 16.6% |
| Profit margin | 85.5% | 14.1% |
| Return on assets | 18.5% | 8.0% |
| Equity ratio | 66.3% | 29.6% |
| Debt-to-equity | 0.51 | 2.29 |
| Current ratio | 14.24 | 1.24 |
| Revenue growth | 74.9% | 7.0% |
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 84, Hans Gaarder AS does better than 98% of companies in the Morning class Medium in the same sector (285 companies) in 2025.
Score 2023–2025
- Hans Gaarder AS
- Median: companies in the Morning class Medium in the same sector
Hans Gaarder AS has a score of 84 for 2025, rank 106 of 7,174 in the sector.
Strongest: Liquidity: percentile 94 against peers, current ratio 14.24 against a median of 1.24. Profitability: percentile 89 against peers, operating margin 93.8% against a median of 16.6%.
No area is clearly below its peers.
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
Hans Gaarder AS had an operating margin of 93.8% and an equity ratio of 66.3% in 2025, and ranks 106 of 7,174 in Eiendom.
From 2024 to 2025: revenue grew by 75% and the operating margin rose from 90.8% to 93.8%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 169 MNOK and 442 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 442 MNOK |
| EV/EBIT | 8.0 | 310 MNOK |
| P/B | 1.0 | 169 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
- positive
Upper quartile on profitability, solidity and liquidity. What sets this company apart from the rest of the sector?
Based on: Operating margin 93.8% (median 16.6%); Equity ratio 66.3% (median 29.6%); Current ratio 14.24 (median 1.24).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 4.9% 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 2022, the sector's weakest year, for this company.
The sector's weakest year was 2022, with a median operating margin of 31.0%. Based on the 9 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 89 | weight 30% |
|---|---|---|
| Solidity | 81 | weight 25% |
| Liquidity | 94 | weight 15% |
| Growth | 77 | weight 15% |
| Consistency | 77 | weight 15% |
Durability: 81 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Hans Gaarder AS?
The operating margin was 93.8% in 2025, against a median of 16.6% among companies in the Morning class Medium in the same sector. Return on assets was 18.5%.
How solid is Hans Gaarder AS?
The equity ratio was 66.3% in 2025 (median 29.6%). Debt-to-equity was 0.51 (median 2.29).
What is the liquidity of Hans Gaarder AS like?
The current ratio was 14.24 in 2025 (median 1.24).
How does Hans Gaarder AS compare in Eiendom?
Hans Gaarder AS ranks 106 of 7,174 in Eiendom for 2025. Among companies in the Morning class Medium it is number 6 of 285. Revenue changed by 74.9% 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.
- 911906449
- Legal form
- AS · part of a group
- Sector
- Eiendom (68.200)
- Morning company class
- Medium
- Employees
- 0–4 (not registered)
- Founded
- 25 October 1969 57 years in operation
- Share capital
- 2.92 MNOK
- Business address
- Elveveien 34, 3262 LARVIK
- Municipality
- Larvik rank 4 of 10 in KOSTRA group 11
- Latest accounts filed
- 2025
- LEI
- 549300YDTISOPUVP2J68 renews 11 November 2026
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 2 November 2026. Only names are shown.
- Parent company
- Parent not reported
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 30 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.
Figures last fetched 30 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 85 | 74 | 84 | |
| Rank | 192 | 387 | 106 | |
| Operating margin | 91.0% | 90.8% | 93.8% | |
| Return on assets | 12.6% | 12.6% | 18.5% | |
| Equity ratio | 64.6% | 68.1% | 66.3% | |
| Current ratio | 28.03 | 12.34 | 14.24 | |
| Revenue growth | – | 0.5% | 74.9% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 28.5 MNOK | 28.6 MNOK | 50.0 MNOK |
| Operating profit | 25.9 MNOK | 26.0 MNOK | 46.9 MNOK |
| Profit before tax | 22.5 MNOK | 22.1 MNOK | 42.7 MNOK |
| Net profit | 23.8 MNOK | 23.4 MNOK | 44.2 MNOK |
| Financial expenses | 3.4 MNOK | 3.9 MNOK | 4.2 MNOK |
| Total assets | 205.6 MNOK | 206.9 MNOK | 254.3 MNOK |
| Current assets | 196.3 MNOK | 196.3 MNOK | 242.3 MNOK |
| Equity | 132.8 MNOK | 140.8 MNOK | 168.5 MNOK |
| Retained earnings | 108.5 MNOK | 116.4 MNOK | 144.2 MNOK |
| Total liabilities | 72.7 MNOK | 66.1 MNOK | 85.8 MNOK |
| Current liabilities | 7.0 MNOK | 15.9 MNOK | 17.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 7031474.
Further
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