HP NORGE AS

Org. no. 914908566 · BÆRUM · Founded 2015 · 49 employees

Score · fiscal year 2025

62of 100

How to read this: the company is ahead of 80 % of large companies in the same sector in 2025. What does this mean?

Rank: 10,079 of 38,671 · Handel

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 47 and solidity 58 out of 100 among large companies in the same sector in 2025. Methodology

Against the sector

HP NORGE AS is 12 points above the median for large companies in the same sector in 2025.

Median score 50 among 362 companies.

Against large companies in the same sector in 2025: operating margin 0.8% (median 2.1%) and equity ratio 39.0% (median 34.6%).

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 revenue1,113 MNOK2,073 MNOK
Operating margin 0.8% 2.1% 26 %
Profit margin 1.9% 2.1% shown, not part of the index
Return on assets 12.5% 8.4% 68 %
Equity ratio 39.0% 34.6% 58 %
Debt-to-equity 1.57 1.85 58 %
Current ratio 2.00 1.27 83 %
Revenue growth 23.0% 6.5% 86 %
Revenue per employee22.70 MNOK15.47 MNOK

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

With an index of 62, HP NORGE AS does better than 80% of large companies in the same sector (362 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • HP NORGE AS
  • Median: large companies in the same sector
Summary analysis

HP NORGE AS has a score of 62 for 2025, rank 10,079 of 38,671 in the sector.

Strongest: Growth: percentile 86 against peers, revenue growth 23.0% against a median of 6.5%. Liquidity: percentile 83 against peers, current ratio 2.00 against a median of 1.27.

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

Analysis · 2025

What the numbers say

HP NORGE AS had an operating margin of 0.8% and an equity ratio of 39.0% in 2025, and ranks 10,079 of 38,671 in Handel.

From 2024 to 2025: revenue grew by 23%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 19 MNOK and 190 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 16.2 MNOK 10.0 162 MNOK
EV/EBIT Operating profit: 9.1 MNOK
minus net debt 53.9 MNOK
8.0 19 MNOK
P/B Equity: 189.8 MNOK 1.0 190 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

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 13.5% 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.

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 −65.6%. 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

Profitability47 weight 30%
Solidity58 weight 25%
Liquidity83 weight 15%
Growth86 weight 15%
Consistency52 weight 15%

Durability: 54 (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 HP NORGE AS?

The operating margin was 0.8% in 2025, against a median of 2.1% among large companies in the same sector. Return on assets was 12.5%.

How solid is HP NORGE AS?

The equity ratio was 39.0% in 2025 (median 34.6%). Debt-to-equity was 1.57 (median 1.85).

What is the liquidity of HP NORGE AS like?

The current ratio was 2.00 in 2025 (median 1.27).

How does HP NORGE AS compare in Handel?

HP NORGE AS ranks 10,079 of 38,671 in Handel for 2025. Among companies of the same size (large companies) it ranks 75 of 362. Revenue changed by 23.0% from the year before.

From the Central Coordinating Register

Org. no.
914908566
Legal form
AS
Sector
Handel (46.500)
Size tier
large
Employees
49 registered 10 October 2026
Founded
21 January 2015 11 years in operation
Share capital
2.22 MNOK
Business address
Rolfsbuktveien 4, 1364 FORNEBU (BÆRUM)
Municipality
Bærum rank 1–5 of 11 in KOSTRA group 12
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

Chair of the board
Caroline Francoise Durand
Board member
Maren Mjaatvedt
Auditor
ERNST & YOUNG 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.

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index534662
Rank15,19121,36510,079
Operating margin1.1%0.6%0.8%
Return on assets5.0%4.3%12.5%
Equity ratio40.6%40.7%39.0%
Current ratio2.052.082.00
Revenue growth–−2.9%23.0%

Accounts

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

Key figure202320242025
Operating revenue931.3 MNOK904.5 MNOK1,112.5 MNOK
Operating profit10.4 MNOK5.4 MNOK9.1 MNOK
Profit before tax19.6 MNOK16.4 MNOK21.1 MNOK
Net profit15.2 MNOK12.7 MNOK16.2 MNOK
Financial expenses0.1 MNOK2.0 MNOK40.0 MNOK
Total assets396.4 MNOK426.1 MNOK486.9 MNOK
Current assets393.0 MNOK421.1 MNOK476.8 MNOK
Equity160.8 MNOK173.5 MNOK189.8 MNOK
Retained earnings158.6 MNOK171.3 MNOK16.2 MNOK
Total liabilities235.6 MNOK252.6 MNOK297.1 MNOK
Current liabilities191.8 MNOK202.4 MNOK238.3 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6662652.

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