HGN ELEKTRO AS

Org. no. 919253185 · OSLO · Founded 2017 · 88 employees

Score · fiscal year 2025

78of 100

How to read this: the company is ahead of 97 % of medium-sized companies in the same sector in 2025. What does this mean?

Rank: 1,335 of 25,886 · Bygg og anlegg

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 91 and solidity 63 out of 100 among medium-sized companies in the same sector in 2025. Methodology

Against the sector

HGN ELEKTRO AS is 28 points above the median for medium-sized companies in the same sector in 2025.

Median score 50 among 728 companies.

Against medium-sized companies in the same sector in 2025: operating margin 12.1% (median 4.4%) and equity ratio 38.9% (median 32.4%).

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 revenue211 MNOK173 MNOK
Operating margin 12.1% 4.4% 90 %
Profit margin 12.3% 4.6% shown, not part of the index
Return on assets 32.7% 10.3% 93 %
Equity ratio 38.9% 32.4% 63 %
Debt-to-equity 1.57 2.08 63 %
Current ratio 1.72 1.36 74 %
Revenue growth 76.6% 7.1% 93 %
Revenue per employee2.40 MNOK3.18 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 78, HGN ELEKTRO AS does better than 97% of medium-sized companies in the same sector (734 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • HGN ELEKTRO AS
  • Median: medium-sized companies in the same sector
Summary analysis

HGN ELEKTRO AS has a score of 78 for 2025, rank 1,335 of 25,886 in the sector.

Strongest: Growth: percentile 93 against peers, revenue growth 76.6% against a median of 7.1%. Profitability: percentile 91 against peers, operating margin 12.1% against a median of 4.4%.

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

HGN ELEKTRO AS had an operating margin of 12.1% and an equity ratio of 38.9% in 2025, and ranks 1,335 of 25,886 in Bygg og anlegg.

From 2024 to 2025: revenue grew by 77%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 31 MNOK and 240 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 20.4 MNOK 10.0 204 MNOK
EV/EBIT Operating profit: 25.6 MNOK
minus net debt −35.7 MNOK
8.0 240 MNOK
P/B Equity: 31.1 MNOK 1.0 31 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.

Data quality

No anomalies found in the figures.

Stress test · 2022

Scenario analysis: the sector's weakest year

We have no accounts for 2022, the sector's weakest year, for this company.

The sector's weakest year was 2022, with a median operating margin of 2.1%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability91 weight 30%
Solidity63 weight 25%
Liquidity74 weight 15%
Growth93 weight 15%
Consistency69 weight 15%

Durability: 73 (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 HGN ELEKTRO AS?

The operating margin was 12.1% in 2025, against a median of 4.4% among medium-sized companies in the same sector. Return on assets was 32.7%.

How solid is HGN ELEKTRO AS?

The equity ratio was 38.9% in 2025 (median 32.4%). Debt-to-equity was 1.57 (median 2.08).

What is the liquidity of HGN ELEKTRO AS like?

The current ratio was 1.72 in 2025 (median 1.36).

How does HGN ELEKTRO AS compare in Bygg og anlegg?

HGN ELEKTRO AS ranks 1,335 of 25,886 in Bygg og anlegg for 2025. Among companies of the same size (medium-sized companies) it ranks 26 of 734. Revenue changed by 76.6% from the year before.

From the Central Coordinating Register

Org. no.
919253185
Legal form
AS
Sector
Bygg og anlegg (43.210)
Size tier
medium
Employees
88 registered 10 October 2026
Founded
16 June 2017 9 years in operation
Share capital
0.50 MNOK
Business address
Strømsveien 223, 0668 OSLO
Municipality
Oslo rank 106–282 of 357 in Norway
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
Geir Stensrud Amlien
Chair of the board
Tom Erik Brekke
Board member
Marcus Virik
Deputy member
Trym Berggren Bakken
Auditor
SANT REVISJON AS
Accountant
NORSOLVE 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.

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index687178
Rank4,5373,0271,335
Operating margin12.4%12.5%12.1%
Return on assets29.2%27.3%32.7%
Equity ratio43.1%36.7%38.9%
Current ratio1.851.641.72
Revenue growth–20.5%76.6%

Accounts

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

Key figure202320242025
Operating revenue99.4 MNOK119.7 MNOK211.4 MNOK
Operating profit12.4 MNOK14.9 MNOK25.6 MNOK
Profit before tax12.7 MNOK15.4 MNOK26.1 MNOK
Net profit9.9 MNOK12.0 MNOK20.4 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets43.4 MNOK56.5 MNOK79.9 MNOK
Current assets40.1 MNOK51.8 MNOK74.9 MNOK
Equity18.7 MNOK20.7 MNOK31.1 MNOK
Retained earnings18.2 MNOK20.2 MNOK30.6 MNOK
Total liabilities24.7 MNOK35.7 MNOK48.8 MNOK
Current liabilities21.7 MNOK31.5 MNOK43.4 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7158903.