HEYMAT AS
Score · fiscal year 2025
49of 100
How to read this: the company is ahead of 48 % of small companies in the same sector in 2025. What does this mean?
Rank: 20,417 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 16 and solidity 67 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
HEYMAT AS is 1 points below the median for small companies in the same sector in 2025.
Median score 50 among 36,111 companies.
Against small companies in the same sector in 2025: operating margin −17.0% (median 2.5%) and equity ratio 64.6% (median 38.3%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 21 MNOK | 3 MNOK |
| Operating margin | −17.0% | 2.5% |
| Profit margin | −16.7% | 2.2% |
| Return on assets | −17.0% | 4.0% |
| Equity ratio | 64.6% | 38.3% |
| Debt-to-equity | 0.55 | 0.99 |
| Current ratio | 2.93 | 1.70 |
| Revenue growth | 17.1% | 3.5% |
| Revenue per employee | 3.02 MNOK | 1.62 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 49, HEYMAT AS does better than 48% of small companies in the same sector (36,580 companies) in 2025.
Score 2023–2025
- HEYMAT AS
- Median: small companies in the same sector
HEYMAT AS has a score of 49 for 2025, rank 20,417 of 38,671 in the sector.
Strongest: Growth: percentile 73 against peers, revenue growth 17.1% against a median of 3.5%. Liquidity: percentile 70 against peers, current ratio 2.93 against a median of 1.70.
Weakest: Profitability: percentile 16 against peers, operating margin −17.0% against a median of 2.5%. Consistency: percentile 40 against peers.
Worth a closer look
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −16.7% (median 2.2%).
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin −17.0% (median 2.5%).
- What lies behind weak profitability, and will it last?
- What lies behind weak consistency, 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
HEYMAT AS had an operating margin of −17.0% and an equity ratio of 64.6% in 2025, and ranks 20,417 of 38,671 in Handel.
From 2024 to 2025: the equity ratio rose from 22.7% to 64.6% and the operating margin rose from −27.9% to −17.0%.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 12 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 12 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
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −16.7% (median 2.2%).
- watch
The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin −17.0% (median 2.5%).
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 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
What the score is made of
| Profitability | 16 | weight 30% |
|---|---|---|
| Solidity | 67 | weight 25% |
| Liquidity | 70 | weight 15% |
| Growth | 73 | weight 15% |
| Consistency | 40 | weight 15% |
Durability: 39 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is HEYMAT AS?
The operating margin was −17.0% in 2025, against a median of 2.5% among small companies in the same sector. Return on assets was −17.0%. The company made a loss before tax.
How solid is HEYMAT AS?
The equity ratio was 64.6% in 2025 (median 38.3%). Debt-to-equity was 0.55 (median 0.99).
What is the liquidity of HEYMAT AS like?
The current ratio was 2.93 in 2025 (median 1.70).
How does HEYMAT AS compare in Handel?
HEYMAT AS ranks 20,417 of 38,671 in Handel for 2025. Among companies of the same size (small companies) it ranks 19,106 of 36,580. Revenue changed by 17.1% from the year before.
From the Central Coordinating Register
- Org. no.
- 916229410
- Legal form
- AS
- Sector
- Handel (47.530)
- Size tier
- small
- Employees
- 7 registered 10 March 2026
- Founded
- 1 November 2015 10 years in operation
- Share capital
- 0.44 MNOK
- Business address
- Mellomvika 1, 8622 MO I RANA
- Municipality
- Rana rank 12–25 of 27 in KOSTRA group 9
- Latest accounts filed
- 2025
- Website
- www.heymat.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
- Cecilie Garfalk
- Chair of the board
- Ane Nordahl Carlsen
- Board member
- Rannveig Fadum
- Deputy member
- Eskild Endrerud
- Deputy member
- Lina Frammarsvik
- Auditor
- HELGELAND REVISJON AS
- Accountant
- RESULTAT 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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 43 | 25 | 49 | |
| Rank | 21,204 | 31,572 | 20,417 | |
| Operating margin | −30.7% | −27.9% | −17.0% | |
| Return on assets | −32.9% | −22.4% | −17.0% | |
| Equity ratio | 57.5% | 22.7% | 64.6% | |
| Current ratio | 4.28 | 1.22 | 2.93 | |
| Revenue growth | – | −1.0% | 17.1% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 18.2 MNOK | 18.0 MNOK | 21.1 MNOK |
| Operating profit | −5.6 MNOK | −5.0 MNOK | −3.6 MNOK |
| Profit before tax | −5.4 MNOK | −5.0 MNOK | −3.5 MNOK |
| Net profit | −4.2 MNOK | −3.8 MNOK | −2.7 MNOK |
| Financial expenses | 0.6 MNOK | 0.4 MNOK | 0.4 MNOK |
| Total assets | 14.6 MNOK | 20.3 MNOK | 18.4 MNOK |
| Current assets | 10.8 MNOK | 15.5 MNOK | 12.0 MNOK |
| Equity | 8.4 MNOK | 4.6 MNOK | 11.9 MNOK |
| Retained earnings | – | – | – |
| Total liabilities | 6.2 MNOK | 15.7 MNOK | 6.5 MNOK |
| Current liabilities | 2.5 MNOK | 12.7 MNOK | 4.1 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6932476.
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