HANDE AS
Score · fiscal year 2025
60of 100
How to read this: the company is ahead of 71 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 6,342 of 20,440 · Bygg og anlegg
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 92 and solidity 24 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
HANDE AS is 10 points above the median for medium-sized companies in the same sector in 2025.
Median score 50 among 870 companies.
Against medium-sized companies in the same sector in 2025: operating margin 11.3% (median 4.6%) and equity ratio 20.0% (median 28.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 312 MNOK | 178 MNOK |
| Operating margin | 11.3% | 4.6% |
| Profit margin | 11.7% | 4.6% |
| Return on assets | 40.0% | 11.5% |
| Equity ratio | 20.0% | 28.9% |
| Debt-to-equity | 4.00 | 2.44 |
| Current ratio | 1.21 | 1.35 |
| Revenue growth | 36.6% | 6.6% |
| Revenue per employee | 8.43 MNOK | 3.09 MNOK |
The median and “ahead of” refer to medium-sized companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 60, HANDE AS does better than 71% of medium-sized companies in the same sector (871 companies) in 2025.
Score 2023–2025
- HANDE AS
- Median: medium-sized companies in the same sector
HANDE AS has a score of 60 for 2025, rank 6,342 of 20,440 in the sector.
Strongest: Profitability: percentile 92 against peers, operating margin 11.3% against a median of 4.6%. Growth: percentile 83 against peers, revenue growth 36.6% against a median of 6.6%.
Weakest: Solidity: percentile 24 against peers, equity ratio 20.0% against a median of 28.9%. Liquidity: percentile 31 against peers, current ratio 1.21 against a median of 1.35.
Worth a closer look
- What lies behind weak solidity, and will it last?
- What lies behind weak liquidity, 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
HANDE AS had an operating margin of 11.3% and an equity ratio of 20.0% in 2025, and ranks 6,342 of 20,440 in Bygg og anlegg.
From 2024 to 2025: revenue grew by 37%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 18 MNOK and 324 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 285 MNOK |
| EV/EBIT | 8.0 | 324 MNOK |
| P/B | 1.0 | 18 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.
Data quality
No anomalies found in the figures.
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
What the score is made of
| Profitability | 92 | weight 30% |
|---|---|---|
| Solidity | 24 | weight 25% |
| Liquidity | 31 | weight 15% |
| Growth | 83 | weight 15% |
| Consistency | 60 | weight 15% |
Durability: 55 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is HANDE AS?
The operating margin was 11.3% in 2025, against a median of 4.6% among medium-sized companies in the same sector. Return on assets was 40.0%.
How solid is HANDE AS?
The equity ratio was 20.0% in 2025 (median 28.9%). Debt-to-equity was 4.00 (median 2.44).
What is the liquidity of HANDE AS like?
The current ratio was 1.21 in 2025 (median 1.35).
How does HANDE AS compare in Bygg og anlegg?
HANDE AS ranks 6,342 of 20,440 in Bygg og anlegg for 2025. Among companies of the same size (medium-sized companies) it ranks 255 of 871. Revenue changed by 36.6% from the year before.
From the Central Coordinating Register
- Org. no.
- 914077230
- Legal form
- AS
- Sector
- Bygg og anlegg (43.320)
- Size tier
- medium
- Employees
- 37 registered 10 March 2026
- Founded
- 17 July 2014 12 years in operation
- Share capital
- 0.20 MNOK
- Business address
- Kjelsåsveien 174, 0884 OSLO
- Municipality
- Oslo rank 63–221 of 357 in Norway
- Latest accounts filed
- 2025
- Website
- www.hande.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
- Chief executive
- Lars Hande
- Chair of the board
- Per Axel Söderström
- Board member
- Anders Emil Asp
- Board member
- Erik Hande
- Board member
- Lars Hande
- Board member
- Rune Andersstuen
- Board member
- Kristine Bjordal Samsonsen
- Board member
- Maria Kristin Strand
- Board member
- Camilla Risan Nilsen
- Auditor
- KPMG AS
- Accountant
- VIDI REVISJON 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 | 53 | 52 | 60 | |
| Rank | 8,525 | 9,300 | 6,342 | |
| Operating margin | 9.9% | 12.0% | 11.3% | |
| Return on assets | 28.7% | 38.9% | 40.0% | |
| Equity ratio | 20.0% | 20.1% | 20.0% | |
| Current ratio | 1.21 | 1.20 | 1.21 | |
| Revenue growth | – | −1.6% | 36.6% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 232.0 MNOK | 228.2 MNOK | 311.7 MNOK |
| Operating profit | 22.9 MNOK | 27.4 MNOK | 35.1 MNOK |
| Profit before tax | 24.0 MNOK | 28.7 MNOK | 36.5 MNOK |
| Net profit | 18.7 MNOK | 22.4 MNOK | 28.5 MNOK |
| Financial expenses | – | 0.0 MNOK | – |
| Total assets | 83.4 MNOK | 73.9 MNOK | 91.2 MNOK |
| Current assets | 81.0 MNOK | 70.8 MNOK | 88.1 MNOK |
| Equity | 16.7 MNOK | 14.9 MNOK | 18.2 MNOK |
| Retained earnings | 16.5 MNOK | 14.6 MNOK | 18.0 MNOK |
| Total liabilities | 66.7 MNOK | 59.1 MNOK | 73.0 MNOK |
| Current liabilities | 66.7 MNOK | 59.1 MNOK | 73.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6764284.
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