HANESETH VVS SORTLAND AS

Org. no. 925181935 · SORTLAND · Founded 2020 · 16 employees

Score · fiscal year 2025

54of 100

How to read this: the company is ahead of 58 % of small companies in the same sector in 2025. What does this mean?

Rank: 7,079 of 16,945 · Bygg og anlegg

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 65 and solidity 29 out of 100 among small companies in the same sector in 2025. Methodology

Against the sector

HANESETH VVS SORTLAND AS is 4 points above the median for small companies in the same sector in 2025.

Median score 50 among 16,465 companies.

Against small companies in the same sector in 2025: operating margin 5.3% (median 3.3%) and equity ratio 19.3% (median 32.9%).

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 revenue35 MNOK3 MNOK
Operating margin 5.3% 3.3% 59 %
Profit margin 5.0% 2.8% shown, not part of the index
Return on assets 16.8% 5.3% 71 %
Equity ratio 19.3% 32.9% 37 %
Debt-to-equity 4.17 1.28 20 %
Current ratio 1.26 1.37 45 %
Revenue growth 127.8% 2.5% 94 %
Revenue per employee2.21 MNOK1.40 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 54, HANESETH VVS SORTLAND AS does better than 58% of small companies in the same sector (16,588 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • HANESETH VVS SORTLAND AS
  • Median: small companies in the same sector
Analysis · 2025

What the numbers say

HANESETH VVS SORTLAND AS had an operating margin of 5.3% and an equity ratio of 19.3% in 2025, and ranks 7,079 of 16,945 in Bygg og anlegg.

From 2024 to 2025: revenue grew by 128% and went from a loss to a profit before tax.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 2 MNOK and 15 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 1.5 MNOK 10.0 15 MNOK
EV/EBIT Operating profit: 1.9 MNOK
minus net debt 0.5 MNOK
8.0 15 MNOK
P/B Equity: 2.2 MNOK 1.0 2 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

Profitability65 weight 30%
Solidity29 weight 25%
Liquidity45 weight 15%
Growth94 weight 15%
Consistency46 weight 15%

Durability: 46 (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 HANESETH VVS SORTLAND AS?

The operating margin was 5.3% in 2025, against a median of 3.3% among small companies in the same sector. Return on assets was 16.8%.

How solid is HANESETH VVS SORTLAND AS?

The equity ratio was 19.3% in 2025 (median 32.9%). Debt-to-equity was 4.17 (median 1.28).

What is the liquidity of HANESETH VVS SORTLAND AS like?

The current ratio was 1.26 in 2025 (median 1.37).

How does HANESETH VVS SORTLAND AS compare in Bygg og anlegg?

HANESETH VVS SORTLAND AS ranks 7,079 of 16,945 in Bygg og anlegg for 2025. Among companies of the same size (small companies) it ranks 6,894 of 16,588. Revenue changed by 127.8% from the year before.

From the Central Coordinating Register

Org. no.
925181935
Legal form
AS
Sector
Bygg og anlegg (43.221)
Size tier
small
Employees
16 registered 10 October 2026
Founded
2 June 2020 6 years in operation
Share capital
0.50 MNOK
Business address
Vesterålsgata 42, 8400 SORTLAND
Municipality
Sortland rank 13 of 13 in KOSTRA group 8
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
John Gunnar Torkildsen
Chair of the board
Bjørn Erik Lian
Board member
Morten Nicolay Larsen Aanstad
Board member
Vebjørn Løkken
Board member
Solrun Irene Jacobsen
Auditor
BODØ REVISJONSKONTOR 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
Index533154
Rank7,84113,5377,079
Operating margin6.0%−5.1%5.3%
Return on assets17.1%−11.7%16.8%
Equity ratio30.3%17.1%19.3%
Current ratio1.281.341.26
Revenue growth–−11.2%127.8%

Accounts

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

Key figure202320242025
Operating revenue17.5 MNOK15.5 MNOK35.4 MNOK
Operating profit1.0 MNOK−0.8 MNOK1.9 MNOK
Profit before tax1.0 MNOK−0.8 MNOK1.8 MNOK
Net profit0.8 MNOK−0.8 MNOK1.5 MNOK
Financial expenses0.1 MNOK0.1 MNOK0.2 MNOK
Total assets6.2 MNOK6.5 MNOK11.4 MNOK
Current assets5.5 MNOK5.9 MNOK10.5 MNOK
Equity1.9 MNOK1.1 MNOK2.2 MNOK
Retained earnings1.4 MNOK0.6 MNOK1.7 MNOK
Total liabilities4.3 MNOK5.4 MNOK9.2 MNOK
Current liabilities4.3 MNOK4.4 MNOK8.3 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6662254.

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