YAMAHA HARDANGER AS

Org. no. 913433378 · KVAM · Founded 2014 · 11 employees

Score · fiscal year 2025

52of 100

How to read this: the company is ahead of 55 % of small companies in the same sector in 2025. What does this mean?

Rank: 13,901 of 30,442 · Handel

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 35 and solidity 63 out of 100 among small companies in the same sector in 2025. Methodology

Against the sector

YAMAHA HARDANGER AS is 2 points above the median for small companies in the same sector in 2025.

Median score 50 among 28,491 companies.

Against small companies in the same sector in 2025: operating margin −0.5% (median 2.2%) and equity ratio 58.6% (median 35.1%).

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 revenue13 MNOK3 MNOK
Operating margin −0.5% 2.2% 35 %
Profit margin −0.5% 2.0% shown, not part of the index
Return on assets −1.2% 3.2% 36 %
Equity ratio 58.6% 35.1% 67 %
Debt-to-equity 0.71 1.05 59 %
Current ratio 2.23 1.64 62 %
Revenue growth 6.6% 3.8% 56 %
Revenue per employee1.17 MNOK1.60 MNOK

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

With an index of 52, YAMAHA HARDANGER AS does better than 55% of small companies in the same sector (28,889 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • YAMAHA HARDANGER AS
  • Median: small companies in the same sector
Summary analysis

YAMAHA HARDANGER AS has a score of 52 for 2025, rank 13,901 of 30,442 in the sector.

Strongest: Solidity: percentile 63 against peers, equity ratio 58.6% against a median of 35.1%. Liquidity: percentile 62 against peers, current ratio 2.23 against a median of 1.64.

Weakest: Profitability: percentile 35 against peers, operating margin −0.5% against a median of 2.2%.

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

YAMAHA HARDANGER AS had an operating margin of −0.5% and an equity ratio of 58.6% in 2025, and ranks 13,901 of 30,442 in Handel.

From 2024 to 2025: went from a profit to a loss before tax.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

One method gives a figure: 3 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −0.1 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −0.1 MNOK 8.0 not meaningful
P/B Equity: 2.5 MNOK 1.0 3 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 · 2025

Worth a closer look

  • watch

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin −0.5% (median 2.0%).

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

Data quality

No anomalies found in the figures.

Stress test · 2017

Scenario analysis: the sector's weakest year

We have no accounts for 2017, the sector's weakest year, for this company.

The sector's weakest year was 2017, with a median operating margin of −134.9%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability35 weight 30%
Solidity63 weight 25%
Liquidity62 weight 15%
Growth56 weight 15%
Consistency54 weight 15%

Durability: 59 (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 YAMAHA HARDANGER AS?

The operating margin was −0.5% in 2025, against a median of 2.2% among small companies in the same sector. Return on assets was −1.2%. The company made a loss before tax.

How solid is YAMAHA HARDANGER AS?

The equity ratio was 58.6% in 2025 (median 35.1%). Debt-to-equity was 0.71 (median 1.05).

What is the liquidity of YAMAHA HARDANGER AS like?

The current ratio was 2.23 in 2025 (median 1.64).

How does YAMAHA HARDANGER AS compare in Handel?

YAMAHA HARDANGER AS ranks 13,901 of 30,442 in Handel for 2025. Among companies of the same size (small companies) it ranks 13,054 of 28,889. Revenue changed by 6.6% from the year before.

From the Central Coordinating Register

Org. no.
913433378
Legal form
AS
Sector
Handel (47.830)
Size tier
small
Employees
11 registered 10 August 2026
Founded
1 March 2014 12 years in operation
Share capital
1.20 MNOK
Business address
Hardangerfjordvegen 63, 5600 NORHEIMSUND (KVAM)
Municipality
Kvam rank 7–20 of 33 in KOSTRA group 5
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
Bjørnar Vangen
Chair of the board
Per Inge Garen
Board member
Bjørnar Vangen
Auditor
REVISOR MARITA ØSTREM AS
Accountant
AZETS INSIGHT AS

Source: Central Coordinating Register, fetched 25 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 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index715352
Rank4,24712,76113,901
Operating margin7.3%1.1%−0.5%
Return on assets24.9%3.3%−1.2%
Equity ratio63.0%59.6%58.6%
Current ratio2.802.292.23
Revenue growth–−9.5%6.6%

Accounts

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

Key figure202320242025
Operating revenue13.3 MNOK12.0 MNOK12.8 MNOK
Operating profit1.0 MNOK0.1 MNOK−0.1 MNOK
Profit before tax1.0 MNOK0.1 MNOK−0.1 MNOK
Net profit0.8 MNOK0.1 MNOK−0.1 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets4.0 MNOK4.4 MNOK4.3 MNOK
Current assets3.6 MNOK4.0 MNOK4.0 MNOK
Equity2.5 MNOK2.6 MNOK2.5 MNOK
Retained earnings1.3 MNOK1.4 MNOK1.3 MNOK
Total liabilities1.5 MNOK1.8 MNOK1.8 MNOK
Current liabilities1.3 MNOK1.8 MNOK1.8 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6553265.