POLESTAR AUTOMOTIVE NORWAY AS

Org. no. 922704481 · BÆRUM · Founded 2019 · 35 employees

Score · fiscal year 2025

49of 100

How to read this: the company is ahead of 47 % of large companies in the same sector in 2025. What does this mean?

Rank: 15,980 of 30,442 · Handel

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 40 and solidity 23 out of 100 among large companies in the same sector in 2025. Methodology

Against the sector

POLESTAR AUTOMOTIVE NORWAY AS is 1 points below the median for large companies in the same sector in 2025.

Median score 50 among 287 companies.

Against large companies in the same sector in 2025: operating margin 1.5% (median 2.1%) and equity ratio 16.8% (median 33.4%).

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 revenue2,024 MNOK2,055 MNOK
Operating margin 1.5% 2.1% 40 %
Profit margin 1.3% 2.1% shown, not part of the index
Return on assets 6.3% 8.3% 40 %
Equity ratio 16.8% 33.4% 23 %
Debt-to-equity 4.94 1.96 22 %
Current ratio 1.16 1.27 41 %
Revenue growth 65.5% 6.2% 98 %
Revenue per employee57.82 MNOK17.20 MNOK

The median and “ahead of” refer to large companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 49, POLESTAR AUTOMOTIVE NORWAY AS does better than 47% of large companies in the same sector (287 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • POLESTAR AUTOMOTIVE NORWAY AS
  • Median: large companies in the same sector
Summary analysis

POLESTAR AUTOMOTIVE NORWAY AS has a score of 49 for 2025, rank 15,980 of 30,442 in the sector.

Strongest: Growth: percentile 98 against peers, revenue growth 65.5% against a median of 6.2%. Consistency: percentile 68 against peers.

Weakest: Solidity: percentile 23 against peers, equity ratio 16.8% against a median of 33.4%.

Worth a closer look

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

POLESTAR AUTOMOTIVE NORWAY AS had an operating margin of 1.5% and an equity ratio of 16.8% in 2025, and ranks 15,980 of 30,442 in Handel.

From 2024 to 2025: revenue grew by 65% and the equity ratio rose from 9.7% to 16.8%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 71 MNOK and 321 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 20.7 MNOK 10.0 207 MNOK
EV/EBIT Operating profit: 30.8 MNOK
minus net debt −74.4 MNOK
8.0 321 MNOK
P/B Equity: 70.6 MNOK 1.0 71 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

  • watch

    Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?

    Based on: Revenue growth 65.5% (median 6.2%); Current ratio 1.16 (median 1.27).

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 · 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 −134.9%. 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

Profitability40 weight 30%
Solidity23 weight 25%
Liquidity41 weight 15%
Growth98 weight 15%
Consistency68 weight 15%

Durability: 36 (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 POLESTAR AUTOMOTIVE NORWAY AS?

The operating margin was 1.5% in 2025, against a median of 2.1% among large companies in the same sector. Return on assets was 6.3%.

How solid is POLESTAR AUTOMOTIVE NORWAY AS?

The equity ratio was 16.8% in 2025 (median 33.4%). Debt-to-equity was 4.94 (median 1.96).

What is the liquidity of POLESTAR AUTOMOTIVE NORWAY AS like?

The current ratio was 1.16 in 2025 (median 1.27).

How does POLESTAR AUTOMOTIVE NORWAY AS compare in Handel?

POLESTAR AUTOMOTIVE NORWAY AS ranks 15,980 of 30,442 in Handel for 2025. Among companies of the same size (large companies) it ranks 153 of 287. Revenue changed by 65.5% from the year before.

From the Central Coordinating Register

Org. no.
922704481
Legal form
AS
Sector
Handel (47.810)
Size tier
large
Employees
35 registered 10 August 2026
Founded
9 April 2019 7 years in operation
Share capital
0.03 MNOK
Business address
Rolfsbuktveien 4B, 1364 FORNEBU (BÆRUM)
Municipality
Bærum rank 1–5 of 11 in KOSTRA group 12
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
Karl Marius Hayler
Chair of the board
Karl Marius Hayler
Board member
Tonje Ørving
Board member
Franck Robert Philippe Malochet
Auditor
DELOITTE AS
Accountant
TMF NORWAY 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
Index223749
Rank22,20220,78815,980
Operating margin1.1%1.3%1.5%
Return on assets3.3%3.5%6.3%
Equity ratio13.8%9.7%16.8%
Current ratio1.071.071.16
Revenue growth–26.9%65.5%

Accounts

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

Key figure202320242025
Operating revenue963.8 MNOK1,223.1 MNOK2,023.7 MNOK
Operating profit10.6 MNOK15.9 MNOK30.8 MNOK
Profit before tax4.4 MNOK6.9 MNOK26.3 MNOK
Net profit3.4 MNOK5.0 MNOK20.7 MNOK
Financial expenses6.3 MNOK11.0 MNOK–
Total assets324.7 MNOK513.0 MNOK419.3 MNOK
Current assets299.2 MNOK496.9 MNOK405.3 MNOK
Equity44.9 MNOK49.9 MNOK70.6 MNOK
Retained earnings44.9 MNOK49.9 MNOK70.5 MNOK
Total liabilities279.7 MNOK463.1 MNOK348.7 MNOK
Current liabilities279.7 MNOK463.1 MNOK348.6 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7221168.