HELLDAL AS
Score · fiscal year 2023
77of 100
How to read this: the company is ahead of 88 % of medium-sized companies in the same sector in 2023. What does this mean?
Rank: 2,238 of 18,421 · Bygg og anlegg
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 87 and solidity 74 out of 100 among medium-sized companies in the same sector in 2023. Methodology
Against the sector
HELLDAL AS is 27 points above the median for medium-sized companies in the same sector in 2023.
Median score 50 among 818 companies.
Against medium-sized companies in the same sector in 2023: operating margin 18.2% (median 4.6%) and equity ratio 36.7% (median 27.3%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 120 MNOK | 181 MNOK |
| Operating margin | 18.2% | 4.6% |
| Profit margin | 21.6% | 4.6% |
| Return on assets | 19.2% | 11.2% |
| Equity ratio | 36.7% | 27.3% |
| Debt-to-equity | 1.72 | 2.63 |
| Current ratio | 1.78 | 1.34 |
| Revenue growth | – | 24.8% |
| Revenue per employee | 17.21 MNOK | 2.99 MNOK |
The median and “ahead of” refer to medium-sized companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 77, HELLDAL AS does better than 88% of medium-sized companies in the same sector (818 companies) in 2023.
Score 2023–2025
- HELLDAL AS
- Median: medium-sized companies in the same sector
What the numbers say
HELLDAL AS had an operating margin of 18.2% and an equity ratio of 36.7% in 2023, and ranks 2,238 of 18,421 in Bygg og anlegg.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 50 MNOK and 210 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 210 MNOK |
| EV/EBIT | 8.0 | 188 MNOK |
| P/B | 1.0 | 50 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 0.2% 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 | 87 | weight 30% |
|---|---|---|
| Solidity | 74 | weight 25% |
| Liquidity | 83 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 56 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is HELLDAL AS?
The operating margin was 18.2% in 2023, against a median of 4.6% among medium-sized companies in the same sector. Return on assets was 19.2%.
How solid is HELLDAL AS?
The equity ratio was 36.7% in 2023 (median 27.3%). Debt-to-equity was 1.72 (median 2.63).
What is the liquidity of HELLDAL AS like?
The current ratio was 1.78 in 2023 (median 1.34).
How does HELLDAL AS compare in Bygg og anlegg?
HELLDAL AS ranks 2,238 of 18,421 in Bygg og anlegg for 2023. Among companies of the same size (medium-sized companies) it ranks 99 of 818.
From the Central Coordinating Register
- Org. no.
- 988448540
- Legal form
- AS
- Sector
- Bygg og anlegg (41.000)
- Size tier
- medium
- Employees
- 7 registered 10 September 2025
- Founded
- 12 July 2005 21 years in operation
- Share capital
- 0.20 MNOK
- Business address
- Bakarvegen 2, 5680 TYSNES
- Municipality
- Tysnes rank 5–14 of 33 in KOSTRA group 5
- 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
- Jørgen Karlgård Rydheim
- Chair of the board
- Jan Haukedalen
- Board member
- Jim Heldal
- Board member
- Jørgen Karlgård Rydheim
- Auditor
- CEDRA NORGE AS
- Accountant
- SOLIDITET 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 | 77 | 66 | 48 | |
| Rank | 2,238 | 4,044 | 11,224 | |
| Operating margin | 18.2% | 8.8% | −40.7% | |
| Return on assets | 19.2% | 11.2% | −7.6% | |
| Equity ratio | 36.7% | 68.7% | 79.4% | |
| Current ratio | 1.78 | 3.21 | 5.05 | |
| Revenue growth | – | −38.7% | −76.4% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 120.4 MNOK | 73.9 MNOK | 17.4 MNOK |
| Operating profit | 21.9 MNOK | 6.5 MNOK | −7.1 MNOK |
| Profit before tax | 26.0 MNOK | 7.4 MNOK | −5.0 MNOK |
| Net profit | 21.0 MNOK | 5.7 MNOK | −3.5 MNOK |
| Financial expenses | 0.1 MNOK | 0.1 MNOK | 0.3 MNOK |
| Total assets | 135.7 MNOK | 66.4 MNOK | 62.5 MNOK |
| Current assets | 135.1 MNOK | 65.9 MNOK | 62.3 MNOK |
| Equity | 49.8 MNOK | 45.6 MNOK | 49.6 MNOK |
| Retained earnings | 30.6 MNOK | 26.4 MNOK | 22.8 MNOK |
| Total liabilities | 85.9 MNOK | 20.8 MNOK | 12.9 MNOK |
| Current liabilities | 76.0 MNOK | 20.5 MNOK | 12.3 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 5215563.
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