HAGEN VVS AS

Org. no. 986789766 · OSLO · Founded 2004 · 5 employees

Score · fiscal year 2025

44of 100

How to read this: the company is ahead of 37 % of small companies in the same sector in 2025. What does this mean?

Rank: 20,580 of 32,581 · Bygg og anlegg

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 38 and solidity 33 out of 100 among small companies in the same sector in 2025. Methodology

Against the sector

HAGEN VVS AS is 6 points below the median for small companies in the same sector in 2025.

Median score 50 among 31,471 companies.

Against small companies in the same sector in 2025: operating margin 0.5% (median 3.7%) and equity ratio 25.5% (median 36.5%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 29 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue12 MNOK3 MNOK
Operating margin 0.5% 3.7% 35 %
Profit margin 0.2% 3.4% shown, not part of the index
Return on assets 2.4% 5.7% 42 %
Equity ratio 25.5% 36.5% 39 %
Debt-to-equity 2.92 1.20 27 %
Current ratio 1.37 1.45 47 %
Revenue growth −2.2% 3.0% 42 %
Revenue per employee2.32 MNOK1.46 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 44, HAGEN VVS AS does better than 37% of small companies in the same sector (31,719 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • HAGEN VVS AS
  • Median: small companies in the same sector
Summary analysis

HAGEN VVS AS has a score of 44 for 2025, rank 20,580 of 32,581 in the sector.

Strongest: Consistency: percentile 70 against peers.

Weakest: Solidity: percentile 33 against peers, equity ratio 25.5% against a median of 36.5%. Profitability: percentile 38 against peers, operating margin 0.5% against a median of 3.7%.

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

HAGEN VVS AS had an operating margin of 0.5% and an equity ratio of 25.5% in 2025, and ranks 20,580 of 32,581 in Bygg og anlegg.

No large changes in the key figures from 2024 to 2025.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 1 MNOK and 1 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.0 MNOK 10.0 not meaningful
EV/EBIT Operating profit: 0.1 MNOK
minus net debt −0.8 MNOK
8.0 1 MNOK
P/B Equity: 0.9 MNOK 1.0 1 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.

Financial costs were 2.5% 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.

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 2.4%. 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

Profitability38 weight 30%
Solidity33 weight 25%
Liquidity47 weight 15%
Growth42 weight 15%
Consistency70 weight 15%

Durability: 44 (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 HAGEN VVS AS?

The operating margin was 0.5% in 2025, against a median of 3.7% among small companies in the same sector. Return on assets was 2.4%.

How solid is HAGEN VVS AS?

The equity ratio was 25.5% in 2025 (median 36.5%). Debt-to-equity was 2.92 (median 1.20).

What is the liquidity of HAGEN VVS AS like?

The current ratio was 1.37 in 2025 (median 1.45).

How does HAGEN VVS AS compare in Bygg og anlegg?

HAGEN VVS AS ranks 20,580 of 32,581 in Bygg og anlegg for 2025. Among companies of the same size (small companies) it ranks 19,858 of 31,719. Revenue changed by −2.2% from the year before.

From the Central Coordinating Register

Org. no.
986789766
Legal form
AS
Sector
Bygg og anlegg (43.221)
Size tier
small
Employees
5 registered 10 October 2026
Founded
1 April 2004 22 years in operation
Share capital
0.15 MNOK
Business address
Eikenga 11, 0579 OSLO
Municipality
Oslo rank 63–221 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
Kjetil Hagen
Chair of the board
Kjetil Hagen
Deputy member
Mona Hagen
Auditor
LEO REVISJON DA
Accountant
AKB REGNSKAP 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.

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Figures last fetched 29 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index444544
Rank17,49518,59720,580
Operating margin6.8%1.8%0.5%
Return on assets18.0%7.0%2.4%
Equity ratio16.2%27.2%25.5%
Current ratio1.221.441.37
Revenue growth–−10.4%−2.2%

Accounts

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

Key figure202320242025
Operating revenue13.2 MNOK11.9 MNOK11.6 MNOK
Operating profit0.9 MNOK0.2 MNOK0.1 MNOK
Profit before tax0.8 MNOK0.1 MNOK0.0 MNOK
Net profit0.6 MNOK0.1 MNOK0.0 MNOK
Financial expenses0.1 MNOK0.1 MNOK0.1 MNOK
Total assets5.2 MNOK3.4 MNOK3.6 MNOK
Current assets3.1 MNOK2.0 MNOK2.8 MNOK
Equity0.8 MNOK0.9 MNOK0.9 MNOK
Retained earnings0.7 MNOK0.8 MNOK0.8 MNOK
Total liabilities4.3 MNOK2.5 MNOK2.7 MNOK
Current liabilities2.5 MNOK1.4 MNOK2.0 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 6976660.