LOCUS HYDRO AS
Score · fiscal year 2025
43of 100
How to read this: the company is ahead of 36 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?
Rank in the Morning class Micro: 287 of 448 · What are Morning company classes?
Place in the whole sector: 570 of 878 · Kraft og energi
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 34 and solidity 54 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology
Against the sector
LOCUS HYDRO AS is 7 points below the median for companies in the Morning class Micro in the same sector in 2025.
Median score 50 among 448 companies.
Against companies in the Morning class Micro in the same sector in 2025: operating margin −68.1% (median 16.9%) and equity ratio 43.9% (median 38.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 4 MNOK | 3 MNOK |
| Operating margin | −68.1% | 16.9% |
| Profit margin | 88.9% | 3.4% |
| Return on assets | 4.9% | 3.8% |
| Equity ratio | 43.9% | 38.4% |
| Debt-to-equity | 1.28 | 1.39 |
| Current ratio | 1.88 | 1.94 |
| Revenue growth | – | 1.8% |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 43, LOCUS HYDRO AS does better than 36% of companies in the Morning class Micro in the same sector (448 companies) in 2025.
Score 2023–2025
- LOCUS HYDRO AS
- Median: companies in the Morning class Micro in the same sector
LOCUS HYDRO AS has a score of 43 for 2025, rank 570 of 878 in the sector.
Strongest: Solidity: percentile 54 against peers, equity ratio 43.9% against a median of 38.4%.
Weakest: Profitability: percentile 34 against peers, operating margin −68.1% against a median of 16.9%. Consistency: percentile 37 against peers.
Worth a closer look
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin −68.1% (median 16.9%).
- 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
LOCUS HYDRO AS had an operating margin of −68.1% and an equity ratio of 43.9% in 2025, and ranks 570 of 878 in Kraft og energi.
From 2024 to 2025: went from a loss to a profit before tax and the equity ratio rose from 38.4% to 43.9%.
LOCUS HYDRO AS did about the same as the sector in 2025, the sector's weakest year.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 130 MNOK and 629 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 130 MNOK |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 629 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 operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin −68.1% (median 16.9%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 8.3% 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.
See interest rates, prices and exchange rates for the sector
Data quality
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
The operating margin was −68.1% in 2025 (sector median 15.7%), and the equity ratio 43.9%. In the other years the operating margin averaged −552.8%.
The sector's weakest year was 2025, with a median operating margin of 15.7%. 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 | 34 | weight 30% |
|---|---|---|
| Solidity | 54 | weight 25% |
| Liquidity | 47 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 37 | weight 15% |
Durability: 42 (average over 2 years)
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is LOCUS HYDRO AS?
The operating margin was −68.1% in 2025, against a median of 16.9% among companies in the Morning class Micro in the same sector. Return on assets was 4.9%.
How solid is LOCUS HYDRO AS?
The equity ratio was 43.9% in 2025 (median 38.4%). Debt-to-equity was 1.28 (median 1.39).
What is the liquidity of LOCUS HYDRO AS like?
The current ratio was 1.88 in 2025 (median 1.94).
How does LOCUS HYDRO AS compare in Kraft og energi?
LOCUS HYDRO AS ranks 570 of 878 in Kraft og energi for 2025. Among companies in the Morning class Micro it is number 287 of 448.
Group accounts · 2025
35 of 100
Rank 85 of 104 groups in Kraft og energi. Groups are ranked only against other groups in the same sector, never against single companies.
- Operating revenue, group
- 41 MNOK
- Operating profit, group
- −24 MNOK
- Profit before tax, group
- −58 MNOK
- Total assets, group
- 1,244 MNOK
- Equity, group
- 407 MNOK
| Key figure | The group | The company alone (2025) |
|---|---|---|
| Operating margin | −59.1% | −68.1% |
| Return on assets | 0.7% | 4.9% |
| Equity ratio | 32.7% | 43.9% |
| Current ratio | 1.79 | 1.88 |
| Revenue growth | 28.2% | – |
Group index in earlier years: 2023: 25 (102 of 110), 2024: 33 (93 of 108).
Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.
Source: Brønnøysund Register Centre, group accounts 2025 (open data, NLOD 2.0).
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 920176321
- Legal form
- AS
- Sector
- Kraft og energi (35.121)
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 7 December 2017 8 years in operation
- Share capital
- 0.06 MNOK
- Business address
- Schweigaards gate 14, 0185 OSLO
- Municipality
- Oslo rank 63–220 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
- Chair of the board
- Kristoffer Kjelstadli
- Board member
- Joen Anders Emil Averstad
- Auditor
- ERNST & YOUNG AS
- Accountant
- ENORA 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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 42 | – | 43 | |
| Rank | 549 | – | 570 | |
| Operating margin | −552.8% | – | −68.1% | |
| Return on assets | 3.1% | 4.4% | 4.9% | |
| Equity ratio | 41.3% | 38.4% | 43.9% | |
| Current ratio | 285.98 | 32.16 | 1.88 | |
| Revenue growth | – | – | – |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 3.9 MNOK | – | 4.0 MNOK |
| Operating profit | −21.7 MNOK | −13.7 MNOK | −2.8 MNOK |
| Profit before tax | −51.7 MNOK | −47.0 MNOK | 3.6 MNOK |
| Net profit | −51.7 MNOK | −47.0 MNOK | 13.0 MNOK |
| Financial expenses | 79.4 MNOK | 93.6 MNOK | 66.6 MNOK |
| Total assets | 891.1 MNOK | 1,063.2 MNOK | 1,432.0 MNOK |
| Current assets | 554.3 MNOK | 47.5 MNOK | 112.5 MNOK |
| Equity | 368.0 MNOK | 407.9 MNOK | 629.3 MNOK |
| Retained earnings | −109.0 MNOK | −156.0 MNOK | −185.7 MNOK |
| Total liabilities | 523.1 MNOK | 655.3 MNOK | 802.7 MNOK |
| Current liabilities | 1.9 MNOK | 1.5 MNOK | 59.9 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7104531.
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