HELLBERG & BJERKELI AS
Score · fiscal year 2023
55of 100
How to read this: the company is ahead of 57 % of companies in the Morning class Small in the same sector in 2023. What does this mean?
Rank in the Morning class Small: 7,596 of 17,550 · What are Morning company classes?
Place in the whole sector: 7,962 of 18,421 · Bygg og anlegg
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 68 and solidity 45 out of 100 among companies in the Morning class Small in the same sector in 2023. Methodology
Against the sector
HELLBERG & BJERKELI AS is 4 points above the median for companies in the Morning class Small in the same sector in 2023.
Median score 51 among 17,547 companies.
Against companies in the Morning class Small in the same sector in 2023: operating margin 7.2% (median 4.4%) and equity ratio 33.0% (median 33.7%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 16 MNOK | 6 MNOK |
| Operating margin | 7.2% | 4.4% |
| Profit margin | 7.1% | 4.0% |
| Return on assets | 21.5% | 9.4% |
| Equity ratio | 33.0% | 33.7% |
| Debt-to-equity | 2.03 | 1.62 |
| Current ratio | 1.43 | 1.44 |
| Revenue growth | – | 5.0% |
| Revenue per employee | 1.31 MNOK | 1.41 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 55, HELLBERG & BJERKELI AS does better than 57% of companies in the Morning class Small in the same sector (17,550 companies) in 2023.
Score 2023–2025
- HELLBERG & BJERKELI AS
- Median: companies in the Morning class Small in the same sector
What the numbers say
HELLBERG & BJERKELI AS had an operating margin of 7.2% and an equity ratio of 33.0% in 2023, and ranks 7,962 of 18,421 in Bygg og anlegg.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 2 MNOK and 10 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 9 MNOK |
| EV/EBIT | 8.0 | 10 MNOK |
| P/B | 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
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.
Financial costs were −0.5% 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.
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 | 68 | weight 30% |
|---|---|---|
| Solidity | 45 | weight 25% |
| Liquidity | 50 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 49 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is HELLBERG & BJERKELI AS?
The operating margin was 7.2% in 2023, against a median of 4.4% among companies in the Morning class Small in the same sector. Return on assets was 21.5%.
How solid is HELLBERG & BJERKELI AS?
The equity ratio was 33.0% in 2023 (median 33.7%). Debt-to-equity was 2.03 (median 1.62).
What is the liquidity of HELLBERG & BJERKELI AS like?
The current ratio was 1.43 in 2023 (median 1.44).
How does HELLBERG & BJERKELI AS compare in Bygg og anlegg?
HELLBERG & BJERKELI AS ranks 7,962 of 18,421 in Bygg og anlegg for 2023. Among companies in the Morning class Small it is number 7,596 of 17,550.
From the Central Coordinating Register
- Org. no.
- 933557731
- Legal form
- AS
- Sector
- Bygg og anlegg (41.000)
- Morning company class
- Small
- Employees
- 12 registered 10 September 2026
- Founded
- 17 March 1983 43 years in operation
- Share capital
- 0.35 MNOK
- Business address
- Rødsveien 74, 1781 HALDEN
- Municipality
- Halden rank 13 of 13 in KOSTRA group 10
- Latest accounts filed
- 2025
- Website
- www.bjerkeli.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
- Svein Arne Hanssen
- Chair of the board
- Bjørn Cato Brynildsen
- Board member
- Svein Arne Hanssen
- Board member
- Christoffer Grimstad
- Board member
- Carl-Fredrik Bärnholth
- Auditor
- REVISORTEAM DA
- Accountant
- SPAREBANK 1 FORRETNINGSPARTNER ØSTLANDET 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 27 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 55 | 25 | 31 | |
| Rank | 7,962 | 16,850 | 16,546 | |
| Operating margin | 7.2% | −3.6% | −0.2% | |
| Return on assets | 21.5% | −13.4% | −0.8% | |
| Equity ratio | 33.0% | 20.7% | 19.2% | |
| Current ratio | 1.43 | 1.18 | 1.19 | |
| Revenue growth | – | −12.5% | 2.2% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 15.7 MNOK | 13.7 MNOK | 14.0 MNOK |
| Operating profit | 1.1 MNOK | −0.5 MNOK | 0.0 MNOK |
| Profit before tax | 1.1 MNOK | −0.5 MNOK | 0.0 MNOK |
| Net profit | 0.9 MNOK | −0.4 MNOK | −0.2 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 5.1 MNOK | 3.7 MNOK | 3.1 MNOK |
| Current assets | 4.9 MNOK | 3.4 MNOK | 3.0 MNOK |
| Equity | 1.7 MNOK | 0.8 MNOK | 0.6 MNOK |
| Retained earnings | 1.3 MNOK | 0.4 MNOK | 0.2 MNOK |
| Total liabilities | 3.4 MNOK | 2.9 MNOK | 2.5 MNOK |
| Current liabilities | 3.4 MNOK | 2.9 MNOK | 2.5 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 4766883.
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