Hitra Vind AS
Score · fiscal year 2025
34of 100
How to read this: the company is ahead of 21 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?
Rank in the Morning class Micro: 347 of 438 · What are Morning company classes?
Place in the whole sector: 714 of 863 · Kraft og energi
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 1 and solidity 65 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology
Against the sector
Hitra Vind AS is 16 points below the median for companies in the Morning class Micro in the same sector in 2025.
Median score 50 among 438 companies.
Against companies in the Morning class Micro in the same sector in 2025: operating margin −1,105.1% (median 17.2%) and equity ratio 55.2% (median 38.0%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 9 MNOK | 3 MNOK |
| Operating margin | −1,105.1% | 17.2% |
| Profit margin | −1,118.9% | 2.3% |
| Return on assets | −68.4% | 3.8% |
| Equity ratio | 55.2% | 38.0% |
| Debt-to-equity | 0.81 | 1.41 |
| Current ratio | 18.34 | 1.98 |
| Revenue growth | −63.0% | 1.9% |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 34, Hitra Vind AS does better than 21% of companies in the Morning class Micro in the same sector (438 companies) in 2025.
Score 2023–2025
- Hitra Vind AS
- Median: companies in the Morning class Micro in the same sector
Hitra Vind AS has a score of 34 for 2025, rank 714 of 863 in the sector.
Strongest: Liquidity: percentile 97 against peers, current ratio 18.34 against a median of 1.98. Solidity: percentile 65 against peers, equity ratio 55.2% against a median of 38.0%.
Weakest: Profitability: percentile 1 against peers, operating margin −1,105.1% against a median of 17.2%. Growth: percentile 2 against peers, revenue growth −63.0% against a median of 1.9%.
Worth a closer look
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −1,118.9% (median 2.3%).
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin −1,105.1% (median 17.2%).
- What lies behind weak profitability, and will it last?
- What lies behind weak growth, and will it last?
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
Hitra Vind AS had an operating margin of −1,105.1% and an equity ratio of 55.2% in 2025, and ranks 714 of 863 in Kraft og energi.
From 2024 to 2025: the operating margin fell from −65.4% to −1,105.1% and revenue fell by 63%.
Hitra Vind AS did weaker than the sector in 2025, the sector's weakest year.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 79 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 79 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
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −1,118.9% (median 2.3%).
- 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 −1,105.1% (median 17.2%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 3.6% 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.
See interest rates, prices and exchange rates for the sector
Data quality
- watch Extreme margin: check the figures
Scenario analysis: the sector's weakest year
The operating margin was −1,105.1% in 2025 (sector median 16.1%), and the equity ratio 55.2%. The company had a loss before tax that year. In the other years the operating margin averaged −28.7%.
The sector's weakest year was 2025, with a median operating margin of 16.1%. 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 | 1 | weight 30% |
|---|---|---|
| Solidity | 65 | weight 25% |
| Liquidity | 97 | weight 15% |
| Growth | 2 | weight 15% |
| Consistency | 16 | weight 15% |
Durability: 45 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Hitra Vind AS?
The operating margin was −1,105.1% in 2025, against a median of 17.2% among companies in the Morning class Micro in the same sector. Return on assets was −68.4%. The company made a loss before tax.
How solid is Hitra Vind AS?
The equity ratio was 55.2% in 2025 (median 38.0%). Debt-to-equity was 0.81 (median 1.41).
What is the liquidity of Hitra Vind AS like?
The current ratio was 18.34 in 2025 (median 1.98).
How does Hitra Vind AS compare in Kraft og energi?
Hitra Vind AS ranks 714 of 863 in Kraft og energi for 2025. Among companies in the Morning class Micro it is number 347 of 438. Revenue changed by −63.0% from the year before.
From the Central Coordinating Register
- Org. no.
- 985129177
- Legal form
- AS
- Sector
- Kraft og energi (35.122)
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 21 October 2002 24 years in operation
- Share capital
- 95.00 MNOK
- Business address
- Lilleakerveien 6, 0283 OSLO
- Municipality
- Oslo rank 63–220 of 357 in Norway
- 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
- Stian Langballe Andersen
- Chair of the board
- Kåre Hønsi
- Board member
- Robert Hjelmstad
- Board member
- Maren Sisilie Paulsen Joné
- Deputy member
- Helge Svendsen
- Auditor
- Pricewaterhousecoopers 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 29 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 61 | 40 | 34 | |
| Rank | 242 | 610 | 714 | |
| Operating margin | 8.0% | −65.4% | −1,105.1% | |
| Return on assets | 2.6% | −7.5% | −68.4% | |
| Equity ratio | 69.8% | 62.5% | 55.2% | |
| Current ratio | 14.46 | 5.47 | 18.34 | |
| Revenue growth | – | −37.8% | −63.0% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 39.2 MNOK | 24.3 MNOK | 9.0 MNOK |
| Operating profit | 3.1 MNOK | −15.9 MNOK | −99.4 MNOK |
| Profit before tax | 3.0 MNOK | −15.9 MNOK | −100.6 MNOK |
| Net profit | 16.6 MNOK | −11.5 MNOK | −55.3 MNOK |
| Financial expenses | 1.7 MNOK | 2.1 MNOK | 2.3 MNOK |
| Total assets | 180.7 MNOK | 183.3 MNOK | 143.8 MNOK |
| Current assets | 45.3 MNOK | 45.4 MNOK | 50.0 MNOK |
| Equity | 126.1 MNOK | 114.6 MNOK | 79.4 MNOK |
| Retained earnings | 23.7 MNOK | 12.1 MNOK | −23.1 MNOK |
| Total liabilities | 54.5 MNOK | 68.8 MNOK | 64.4 MNOK |
| Current liabilities | 3.1 MNOK | 8.3 MNOK | 2.7 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 7126401.
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