TINE HEDSTEN AS

Org. no. 915577997 · STJØRDAL · Founded 2015 · 21 employees

Score · fiscal year 2024

51of 100

How to read this: the company is ahead of 52 % of small companies in the same sector in 2024. What does this mean?

Rank: 17,707 of 37,175 · Handel

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 58 and solidity 41 out of 100 among small companies in the same sector in 2024. Methodology

Against the sector

TINE HEDSTEN AS is 1 points above the median for small companies in the same sector in 2024.

Median score 50 among 34,772 companies.

Against small companies in the same sector in 2024: operating margin 1.7% (median 2.2%) and equity ratio 34.5% (median 38.3%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue82 MNOK4 MNOK
Operating margin 1.7% 2.2% 47 %
Profit margin 1.8% 2.0% shown, not part of the index
Return on assets 12.1% 3.7% 69 %
Equity ratio 34.5% 38.3% 47 %
Debt-to-equity 1.90 0.97 35 %
Current ratio 1.34 1.68 40 %
Revenue growth 3.4% 2.2% 53 %
Revenue per employee3.92 MNOK1.57 MNOK

The median and “ahead of” refer to small companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 51, TINE HEDSTEN AS does better than 52% of small companies in the same sector (34,889 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • TINE HEDSTEN AS
  • Median: small companies in the same sector
Analysis · 2024

What the numbers say

TINE HEDSTEN AS had an operating margin of 1.7% and an equity ratio of 34.5% in 2024, and ranks 17,707 of 37,175 in Handel.

No large changes in the key figures from 2023 to 2024.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 4 MNOK and 16 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 1.2 MNOK 10.0 12 MNOK
EV/EBIT Operating profit: 1.4 MNOK
minus net debt −5.0 MNOK
8.0 16 MNOK
P/B Equity: 4.3 MNOK 1.0 4 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 · 2024

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 0.0% of the debt in 2024. The policy rate averaged 4.50 % 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 · 2024

What the score is made of

Profitability58 weight 30%
Solidity41 weight 25%
Liquidity40 weight 15%
Growth53 weight 15%
Consistency66 weight 15%

Durability: 50 (average over 2 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2024

Questions and answers

How profitable is TINE HEDSTEN AS?

The operating margin was 1.7% in 2024, against a median of 2.2% among small companies in the same sector. Return on assets was 12.1%.

How solid is TINE HEDSTEN AS?

The equity ratio was 34.5% in 2024 (median 38.3%). Debt-to-equity was 1.90 (median 0.97).

What is the liquidity of TINE HEDSTEN AS like?

The current ratio was 1.34 in 2024 (median 1.68).

How does TINE HEDSTEN AS compare in Handel?

TINE HEDSTEN AS ranks 17,707 of 37,175 in Handel for 2024. Among companies of the same size (small companies) it ranks 16,603 of 34,889. Revenue changed by 3.4% from the year before.

From the Central Coordinating Register

Org. no.
915577997
Legal form
AS
Sector
Handel (47.110)
Size tier
small
Employees
21 registered 10 October 2026
Founded
5 June 2015 11 years in operation
Share capital
0.50 MNOK
Business address
REMA 1000 STJØRDAL, Anna Mogaards gate 9, 7500 STJØRDAL
Municipality
Stjørdal rank 11–20 of 27 in KOSTRA group 9
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
Tine Hedsten
Chair of the board
Tine Hedsten
Auditor
PRICEWATERHOUSECOOPERS AS
Accountant
REMA 1000 NORGE 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
Index485153
Rank18,25117,70716,795
Operating margin1.7%1.7%1.7%
Return on assets13.0%12.1%12.2%
Equity ratio33.0%34.5%33.3%
Current ratio1.251.341.35
Revenue growth–3.4%8.5%

Accounts

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

Key figure202320242025
Operating revenue79.6 MNOK82.3 MNOK89.3 MNOK
Operating profit1.3 MNOK1.4 MNOK1.5 MNOK
Profit before tax1.4 MNOK1.5 MNOK1.7 MNOK
Net profit1.1 MNOK1.2 MNOK1.3 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets11.0 MNOK12.5 MNOK14.0 MNOK
Current assets9.2 MNOK10.9 MNOK12.6 MNOK
Equity3.6 MNOK4.3 MNOK4.7 MNOK
Retained earnings3.1 MNOK3.8 MNOK4.2 MNOK
Total liabilities7.4 MNOK8.2 MNOK9.3 MNOK
Current liabilities7.3 MNOK8.2 MNOK9.3 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5478843.

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