Hellvik Gruppen AS
Score · fiscal year 2023
39of 100
How to read this: the company is ahead of 33 % of companies in the Morning class Small in the same sector in 2023. What does this mean?
Rank in the Morning class Small: 3,445 of 5,108 · What are Morning company classes?
Place in the whole sector: 12,189 of 18,347 · Bygg og anlegg
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 8 and solidity 99 out of 100 among companies in the Morning class Small in the same sector in 2023. Methodology
Against the sector
Hellvik Gruppen AS is 12 points below the median for companies in the Morning class Small in the same sector in 2023.
Median score 51 among 5,108 companies.
Against companies in the Morning class Small in the same sector in 2023: operating margin −47.9% (median 5.0%) and equity ratio 84.0% (median 34.1%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 13 MNOK | 19 MNOK |
| Operating margin | −47.9% | 5.0% |
| Profit margin | −164.7% | 4.7% |
| Return on assets | −2.0% | 11.6% |
| Equity ratio | 84.0% | 34.1% |
| Debt-to-equity | 0.19 | 1.80 |
| Current ratio | 0.09 | 1.46 |
| Revenue growth | – | 3.3% |
| Revenue per employee | 1.47 MNOK | 1.66 MNOK |
The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 39, Hellvik Gruppen AS does better than 33% of companies in the Morning class Small in the same sector (5,108 companies) in 2023.
Score 2023–2025
- Hellvik Gruppen AS
- Median: companies in the Morning class Small in the same sector
What the numbers say
Hellvik Gruppen AS had an operating margin of −47.9% and an equity ratio of 84.0% in 2023, and ranks 12,189 of 18,347 in Bygg og anlegg.
This text is generated automatically from the 2023 accounts.
Three simple methods
One method gives a figure: 267 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 267 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
- critical
Consider strengthening liquidity: current liabilities are 11.1 times current assets.
Based on: Current ratio 0.09 (median 1.46).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −164.7% (median 4.7%).
- 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 −47.9% (median 5.0%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 30.4% of the debt in 2023. The policy rate averaged 3.54 % 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
We have no accounts for 2021, the sector's weakest year, for this company.
The sector's weakest year was 2021, with a median operating margin of 1.8%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 8 | weight 30% |
|---|---|---|
| Solidity | 99 | weight 25% |
| Liquidity | 0 | weight 15% |
| Growth | – | no data, left out |
| Consistency | – | no data, left out |
Index version 2. Data completeness 70%: the share of the weights that had data.
Questions and answers
How profitable is Hellvik Gruppen AS?
The operating margin was −47.9% in 2023, against a median of 5.0% among companies in the Morning class Small in the same sector. Return on assets was −2.0%. The company made a loss before tax.
How solid is Hellvik Gruppen AS?
The equity ratio was 84.0% in 2023 (median 34.1%). Debt-to-equity was 0.19 (median 1.80).
What is the liquidity of Hellvik Gruppen AS like?
The current ratio was 0.09 in 2023 (median 1.46). Current assets did not cover current liabilities.
How does Hellvik Gruppen AS compare in Bygg og anlegg?
Hellvik Gruppen AS ranks 12,189 of 18,347 in Bygg og anlegg for 2023. Among companies in the Morning class Small it is number 3,445 of 5,108.
Group accounts · 2025
28 of 100
Rank 114 of 126 groups in the Morning class Large in Bygg og anlegg. Groups are ranked only against other groups in the same sector and class, never against single companies.
- Operating revenue, group
- 853 MNOK
- Operating profit, group
- −22 MNOK
- Profit before tax, group
- −27 MNOK
- Total assets, group
- 1,284 MNOK
- Equity, group
- 241 MNOK
| Key figure | The group | The company alone (2023) |
|---|---|---|
| Operating margin | −2.6% | – |
| Return on assets | −1.3% | – |
| Equity ratio | 18.8% | – |
| Current ratio | 1.28 | – |
| Revenue growth | 13.5% | – |
Group index in earlier years: 2023: 30 (93 of 116), 2024: 20 (112 of 121).
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.
- 922962308
- Legal form
- AS
- Sector
- Bygg og anlegg (41.000)
- Morning company class
- Small
- Employees
- 9 registered 10 July 2026
- Founded
- 4 June 2019 7 years in operation
- Share capital
- 10.10 MNOK
- Business address
- Jærveien 1250, 4375 HELLVIK (EIGERSUND)
- Municipality
- Eigersund rank 7–17 of 38 in KOSTRA group 7
- 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
Loading roles …
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 | 39 | 36 | 33 | |
| Rank | 12,189 | 14,475 | 16,051 | |
| Operating margin | −47.9% | −83.0% | −56.4% | |
| Return on assets | −2.0% | −0.7% | −3.2% | |
| Equity ratio | 84.0% | 75.4% | 66.9% | |
| Current ratio | 0.09 | 0.33 | 0.11 | |
| Revenue growth | – | 5.0% | 3.8% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 13.2 MNOK | 13.9 MNOK | 14.4 MNOK |
| Operating profit | −6.3 MNOK | −11.5 MNOK | −8.1 MNOK |
| Profit before tax | −21.8 MNOK | −12.4 MNOK | −84.1 MNOK |
| Net profit | −20.1 MNOK | −13.5 MNOK | −81.5 MNOK |
| Financial expenses | 15.5 MNOK | 10.0 MNOK | 76.0 MNOK |
| Total assets | 318.2 MNOK | 336.4 MNOK | 257.5 MNOK |
| Current assets | 3.9 MNOK | 25.4 MNOK | 8.6 MNOK |
| Equity | 267.2 MNOK | 253.7 MNOK | 172.1 MNOK |
| Retained earnings | – | – | – |
| Total liabilities | 51.0 MNOK | 82.7 MNOK | 85.3 MNOK |
| Current liabilities | 42.7 MNOK | 78.2 MNOK | 80.2 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5366533.
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