HARINGNETT AS
Score · fiscal year 2025
53of 100
How to read this: the company is ahead of 59 % of small companies in the same sector in 2025. What does this mean?
Rank: 648 of 1,571 · Kraft og energi
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 63 and solidity 43 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
HARINGNETT AS is 4 points above the median for small companies in the same sector in 2025.
Median score 49 among 1,302 companies.
Against small companies in the same sector in 2025: operating margin 19.3% (median 10.9%) and equity ratio 34.8% (median 38.2%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 81 MNOK | 2 MNOK |
| Operating margin | 19.3% | 10.9% |
| Profit margin | 9.9% | 2.1% |
| Return on assets | 5.0% | 0.4% |
| Equity ratio | 34.8% | 38.2% |
| Debt-to-equity | 1.88 | 1.06 |
| Current ratio | 0.63 | 1.67 |
| Revenue growth | 12.4% | 0.8% |
| Revenue per employee | 2.98 MNOK | 2.57 MNOK |
The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 53, HARINGNETT AS does better than 59% of small companies in the same sector (1,315 companies) in 2025.
Score 2023–2025
- HARINGNETT AS
- Median: small companies in the same sector
HARINGNETT AS has a score of 53 for 2025, rank 648 of 1,571 in the sector.
Strongest: Consistency: percentile 71 against peers. Growth: percentile 68 against peers, revenue growth 12.4% against a median of 0.8%.
Weakest: Liquidity: percentile 21 against peers, current ratio 0.63 against a median of 1.67.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 1.6 times current assets. Based on: current ratio 0.63 (median 1.67).
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
HARINGNETT AS had an operating margin of 19.3% and an equity ratio of 34.8% in 2025, and ranks 648 of 1,571 in Kraft og energi.
From 2024 to 2025: went from a loss to a profit before tax and the operating margin rose from 11.2% to 19.3%.
HARINGNETT AS did better than 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 63 MNOK and 110 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 63 MNOK |
| EV/EBIT | 8.0 | debt above value |
| P/B | 1.0 | 110 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
Consider strengthening liquidity: current liabilities are 1.6 times current assets.
Based on: Current ratio 0.63 (median 1.67).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 3.7% 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.
Data quality
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
The operating margin was 19.3% in 2025 (sector median 12.6%), and the equity ratio 34.8%. In the other years the operating margin averaged 12.6%.
The sector's weakest year was 2025, with a median operating margin of 12.6%. 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 | 63 | weight 30% |
|---|---|---|
| Solidity | 43 | weight 25% |
| Liquidity | 21 | weight 15% |
| Growth | 68 | weight 15% |
| Consistency | 71 | weight 15% |
Durability: 49 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is HARINGNETT AS?
The operating margin was 19.3% in 2025, against a median of 10.9% among small companies in the same sector. Return on assets was 5.0%.
How solid is HARINGNETT AS?
The equity ratio was 34.8% in 2025 (median 38.2%). Debt-to-equity was 1.88 (median 1.06).
What is the liquidity of HARINGNETT AS like?
The current ratio was 0.63 in 2025 (median 1.67). Current assets did not cover current liabilities.
How does HARINGNETT AS compare in Kraft og energi?
HARINGNETT AS ranks 648 of 1,571 in Kraft og energi for 2025. Among companies of the same size (small companies) it ranks 540 of 1,315. Revenue changed by 12.4% from the year before.
From the Central Coordinating Register
- Org. no.
- 923789324
- Legal form
- AS
- Sector
- Kraft og energi (35.140)
- Size tier
- small
- Employees
- 27 registered 10 October 2026
- Founded
- 16 October 2019 7 years in operation
- Share capital
- 3.00 MNOK
- Business address
- Kaldestad 40, 5600 NORHEIMSUND (KVAM)
- Municipality
- Kvam rank 7–20 of 33 in KOSTRA group 5
- Latest accounts filed
- 2025
- Website
- www.haringnett.no
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
- Alf Kåre Hjartnes
- Chair of the board
- Olav Botnen
- Board member
- Merete Salvesen Wallevik
- Board member
- Eivind Måge
- Board member
- Vigdis Johanne Haugarvoll Håland
- Board member
- Vidar Riber
- Deputy member
- Svein Ove Lid
- Deputy member
- Nils Ove Kvittingen
- Deputy member
- Edmund Larsen
- Auditor
- DELOITTE 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 | 47 | 48 | 53 | |
| Rank | 759 | 825 | 648 | |
| Operating margin | 14.1% | 11.2% | 19.3% | |
| Return on assets | 3.6% | 2.8% | 5.0% | |
| Equity ratio | 34.0% | 32.4% | 34.8% | |
| Current ratio | 0.69 | 0.67 | 0.63 | |
| Revenue growth | – | 2.4% | 12.4% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 70.0 MNOK | 71.7 MNOK | 80.6 MNOK |
| Operating profit | 9.9 MNOK | 8.0 MNOK | 15.6 MNOK |
| Profit before tax | 3.3 MNOK | −1.3 MNOK | 8.0 MNOK |
| Net profit | 2.5 MNOK | −2.5 MNOK | 6.3 MNOK |
| Financial expenses | 6.9 MNOK | 9.6 MNOK | 7.7 MNOK |
| Total assets | 285.8 MNOK | 294.4 MNOK | 316.9 MNOK |
| Current assets | 36.1 MNOK | 37.3 MNOK | 40.6 MNOK |
| Equity | 97.1 MNOK | 95.3 MNOK | 110.2 MNOK |
| Retained earnings | 84.1 MNOK | 82.3 MNOK | 97.2 MNOK |
| Total liabilities | 188.7 MNOK | 199.1 MNOK | 206.7 MNOK |
| Current liabilities | 52.2 MNOK | 55.6 MNOK | 64.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6957344.
Further
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