Riskpilot← Back to searchSign inGet full accessH2 HARDANGER AS
ASActiveOrg 925233323Sandvenvegen 17, 5600 NorheimsundEngineering activities and related technical consultancy · NACE 7112Est. 202011 employees
Revenue 2025
NOK 28,5M
-6% vs 2024
EBITDA margin
16.7%
-48% vs 2024
Equity ratio
37.5%
Financial strength
Net profit 2025
NOK 3,8M
-69% vs 2024
| Revenue | NOK 28,5M | -6% |
| EBITDA | NOK 4,8M | -48% |
| Net profit | NOK 3,8M | -69% |
| Total assets | NOK 16,1M | -32% |
| Equity | NOK 6,1M | -17% |
| Employees | 11 | — |
Legal name
H2 HARDANGER AS
Org number
925233323
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
22. juni 2020
Share capital
NOK 30 000
Employees
11 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Daglig leder eller styrets leder hver for seg.
Company purpose
Selge tjenester og varer innen rådgivning og annet som naturlig sammenfaller med dette, samt deltakelse i andre selskaper, investeringer og nærliggende virksomhet.
Address
Sandvenvegen 17, 5600 Norheimsund
Phone
+4797018583
Email
post@h2hardanger.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | 13 091 | 18 590 | 28 605 | 27 236 | 30 238 | 28 532 |
| Staff expenses | −7 164 | −10 682 | −14 442 | −15 053 | −16 087 | −17 906 |
| EBITDA | 3 919 | 4 107 | 6 979 | 7 783 | 9 105 | 4 778 |
| Depreciation & amort. | −55 | −82 | −125 | −98 | −172 | −220 |
| EBIT | 3 863 | 4 024 | 6 854 | 7 685 | 8 934 | 4 558 |
| Net financials | 12 | −40 | 48 | 7 743 | 5 170 | 293 |
| Profit before tax | 3 875 | 3 985 | 6 903 | 15 428 | 14 104 | 4 852 |
| Tax | 842 | 880 | 1 532 | 1 755 | 2 056 | 1 083 |
| Net profit | 3 033 | 3 105 | 5 371 | 13 673 | 12 048 | 3 768 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 6 534 | 7 370 | 9 672 | 20 062 | 23 699 | 16 144 |
| Equity | 509 | 1 393 | 764 | 5 243 | 7 292 | 6 060 |
| Long-term debt | 1 604 | 605 | 0 | 0 | 0 | 0 |
| Short-term debt | 4 421 | 5 372 | 8 908 | 14 818 | 16 407 | 10 084 |
| Total debt | 6 026 | 5 977 | 8 908 | 14 818 | 16 407 | 10 084 |
EBITDA margin
16.7%
This company
15.8%
Market median
+6% vs market
20202025
Equity ratio
37.5%
This company
38.2%
Market median
+2% vs market
20202025
Return on equity
62.2%
This company
18.4%
Market median
+238% vs market
20202025
Net profit margin
13.2%
This company
8.1%
Market median
+63% vs market
20202025
Asset turnover
1.77×
This company
1.12×
Market median
+58% vs market
20202025
Debt / equity
1.66×
This company
0.62×
Market median
-168% vs market
20202025
- Annual report 2025Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
TM Chief Executive Officer | Chief Executive Officer | 2023 | — | — |
HH Chief Executive Officer | Chief Executive Officer | 2025 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2022 | — | — | |
| Chairman | 2024 | — | — | |
| Board of Directors | 2024 | — | — | |
| Chairman | 2022 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Qflow Group Ab | Company | 100.0% | 100.0% | 2024 |
Sivilingeniør Håkon Hjartnes As | Company | 51.0% | 51.0% | 2023 |
T. Mælen As | Company | 34.0% | 34.0% | 2023 |
Hjartnes Holding As | Company | 15.0% | 15.0% | 2023 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
H2 HARDANGER AS 
FUGLAFJELL ASBoard members of H2 HARDANGER AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Thomas Mælen | Chief Executive Officer | 0 companies |
| Håkon Hjartnes | Chief Executive Officer | 0 companies |
| Anders Hjartnes | Board of Directors | 0 companies |
| Svante Hagman | Chairman | 0 companies |
| Emile John Ole Hamon | Board of Directors | 0 companies |
| Tom Rasmussen | Chairman | 0 companies |