HELGELAND KRAFT VANNKRAFT AS
Score · fiscal year 2025
31of 100
How to read this: the company is ahead of 11 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 633 of 775 · Kraft og energi
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 11 and solidity 41 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
HELGELAND KRAFT VANNKRAFT AS is 18 points below the median for medium-sized companies in the same sector in 2025.
Median score 49 among 100 companies.
Against medium-sized companies in the same sector in 2025: operating margin −14.1% (median 9.9%) and equity ratio 35.0% (median 41.1%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 243 MNOK | 202 MNOK |
| Operating margin | −14.1% | 9.9% |
| Profit margin | −51.0% | 13.6% |
| Return on assets | −1.4% | 5.7% |
| Equity ratio | 35.0% | 41.1% |
| Debt-to-equity | 1.86 | 1.28 |
| Current ratio | 4.54 | 1.25 |
| Revenue growth | −38.6% | 6.1% |
| Revenue per employee | 5.17 MNOK | 5.01 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 31, HELGELAND KRAFT VANNKRAFT AS does better than 11% of medium-sized companies in the same sector (100 companies) in 2025.
Score 2023–2025
- HELGELAND KRAFT VANNKRAFT AS
- Median: medium-sized companies in the same sector
What the numbers say
HELGELAND KRAFT VANNKRAFT AS had an operating margin of −14.1% and an equity ratio of 35.0% in 2025, and ranks 633 of 775 in Kraft og energi.
From 2024 to 2025: the operating margin fell from 33.3% to −14.1% and went from a profit to a loss before tax.
HELGELAND KRAFT VANNKRAFT AS did weaker than the sector in 2025, the sector's weakest year.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 1,017 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 1,017 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 −51.0% (median 13.6%).
- 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 −14.1% (median 9.9%).
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
The operating margin was −14.1% in 2025 (sector median 4.6%), and the equity ratio 35.0%. The company had a loss before tax that year. In the other years the operating margin averaged 36.5%.
The sector's weakest year was 2025, with a median operating margin of 4.6%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 11 | weight 30% |
|---|---|---|
| Solidity | 41 | weight 25% |
| Liquidity | 91 | weight 15% |
| Growth | 1 | weight 15% |
| Consistency | 28 | weight 15% |
Durability: 43 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is HELGELAND KRAFT VANNKRAFT AS?
The operating margin was −14.1% in 2025, against a median of 9.9% among medium-sized companies in the same sector. Return on assets was −1.4%. The company made a loss before tax.
How solid is HELGELAND KRAFT VANNKRAFT AS?
The equity ratio was 35.0% in 2025 (median 41.1%). Debt-to-equity was 1.86 (median 1.28).
What is the liquidity of HELGELAND KRAFT VANNKRAFT AS like?
The current ratio was 4.54 in 2025 (median 1.25).
How does HELGELAND KRAFT VANNKRAFT AS compare in Kraft og energi?
HELGELAND KRAFT VANNKRAFT AS ranks 633 of 775 in Kraft og energi for 2025. Among companies of the same size (medium-sized companies) it ranks 89 of 100. Revenue changed by −38.6% from the year before.
From the Central Coordinating Register
- Org. no.
- 917424896
- Legal form
- AS
- Sector
- Kraft og energi (35.121)
- Size tier
- medium
- Employees
- 47 registered 10 October 2026
- Founded
- 27 May 2016 10 years in operation
- Share capital
- 50.00 MNOK
- Business address
- Industrivegen 7, 8657 MOSJØEN (VEFSN)
- Municipality
- Vefsn rank 10 of 13 in KOSTRA group 8
- Latest accounts filed
- 2025
- Website
- www.helgelandkraft.no/vannkraft
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
- Torkil Nersund
- Chair of the board
- Eivind Mikalsen
- Board member
- Frode Tovås Kristensen
- Board member
- Stian Josefsen
- Deputy member
- Terje Karstensen
- Deputy member
- Thomas Olufsen
- Deputy member
- Tobias Fagervik
- Deputy member
- Steffen Dypaune
- Auditor
- ERNST & YOUNG 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 | 48 | 50 | 31 | |
| Rank | 394 | 378 | 633 | |
| Operating margin | 39.7% | 33.3% | −14.1% | |
| Return on assets | 6.8% | 5.2% | −1.4% | |
| Equity ratio | 38.7% | 39.6% | 35.0% | |
| Current ratio | 0.52 | 0.54 | 4.54 | |
| Revenue growth | – | −9.9% | −38.6% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 438.5 MNOK | 395.2 MNOK | 242.8 MNOK |
| Operating profit | 174.3 MNOK | 131.7 MNOK | −34.3 MNOK |
| Profit before tax | 115.4 MNOK | 68.0 MNOK | −123.8 MNOK |
| Net profit | 67.4 MNOK | 33.3 MNOK | −75.4 MNOK |
| Financial expenses | 72.3 MNOK | 77.7 MNOK | 82.7 MNOK |
| Total assets | 2,761.6 MNOK | 2,782.6 MNOK | 2,906.9 MNOK |
| Current assets | 81.9 MNOK | 57.4 MNOK | 260.3 MNOK |
| Equity | 1,067.5 MNOK | 1,100.7 MNOK | 1,016.9 MNOK |
| Retained earnings | 200.5 MNOK | 233.8 MNOK | 92.3 MNOK |
| Total liabilities | 1,694.1 MNOK | 1,681.9 MNOK | 1,890.0 MNOK |
| Current liabilities | 158.3 MNOK | 105.5 MNOK | 57.3 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6923260.
Further
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