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Hjelmstad AS
AS
Active
Org 974430770
Torvgata 20B, 2000
Lillestrøm
Research and experimental development on natural sciences and engineering
·
NACE 7210
Est. 1995 · 31 years old
10 employees
www.hjelmstad.no
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Norway
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Research and experimental development on natural sciences and engineering
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Hjelmstad AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
11M
8M
6M
3M
0M
2021: 8M
8M
2021
2022: 9M (+13% vs 2021)
9M
+13%
2022
2023: 6M (-33% vs 2022)
6M
-33%
2023
2024: 2M (-67% vs 2023)
2M
-67%
2024
2025: 1M (-50% vs 2024)
1M
-50%
2025
EBITDA
NOK millions
2M
1M
0M
-1M
-2M
2021: 1M
1M
2021
2022: 0M (-100% vs 2021)
0M
-100%
2022
2023: -1M
-1M
2023
2024: -1M (0% vs 2023)
-1M
0%
2024
2025: 0M (+100% vs 2024)
0M
+100%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
989
2 435
5 996
9 143
7 814
Staff expenses
−154
−1 710
−4 448
−5 223
−4 560
EBITDA
96
−547
−1 351
−106
870
Depreciation & amort.
−0
−48
−383
−457
−486
EBIT
96
−595
−1 734
−563
384
Net financials
12
730
128
59
−120
Profit before tax
108
135
−1 607
−504
264
Tax
−0
−0
−0
396
38
Net profit
108
135
−1 607
−900
226
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
715
1 440
2 024
5 602
7 485
Equity
626
698
563
2 170
3 620
Long-term debt
0
0
0
0
0
Short-term debt
89
743
1 461
3 432
3 865
Total debt
89
743
1 461
3 432
3 865
Financial ratios
5-year trend
EBITDA margin
9,7 %
This company
15,8 %
Market median
This company
Market median
39% below market
2021
2025
Equity ratio
87,5 %
This company
38,2 %
Market median
This company
Market median
129% above market
2021
2025
Return on equity
17,3 %
This company
18,4 %
Market median
This company
Market median
6% below market
2021
2025
Net profit margin
10,9 %
This company
8,1 %
Market median
This company
Market median
35% above market
2021
2025
Asset turnover
1,38×
This company
1,12×
Market median
This company
Market median
23% above market
2021
2025
Debt / equity
0,14×
This company
0,62×
Market median
This company
Market median
77% below market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
More on Hjelmstad AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network