Liquidity
Strong6.11
How the figure is assessed
Current assets divided by current liabilities. Below 1.0 is weak, 1.0–1.5 needs attention and 1.5 or more is strong.
HELLAND UTVIKLING AS
Org. no. 929 624 327 · Private limited company (AS) · Active · Teatergaten 35, 5010, BERGEN · BERGEN · 68.120 – Development and sale of building projects
ActiveVAT registeredRegister of Business Enterprises
- Organisation form
- AS
- Employees
- Not registered
- Established
- 23 June 2022
- Municipality
- BERGEN
- Industry code
- 68.120
HELLAND UTVIKLING AS is a private limited company (as) registered in BERGEN since 2022. The organisation number is 929 624 327. The latest submitted annual accounts are for 2025.
Source: The Brønnøysund Register Centre · Last updated 15 November 2026 at 03:43
Overview
Quick overview
Status and key figures
Based on the latest submitted annual accounts (2025) and registry data.
Profitability
Watch8.7 %
How the figure is assessed
Operating profit divided by operating revenue. Below 0% is weak, 0–10% needs attention and 10% or more is strong.
Solidity
Strong68.2 %
How the figure is assessed
Equity divided by assets. Below 10% is weak, 10–30% needs attention and 30% or more is strong.
- Operating revenue
- 197.5 m NOK
- +31,891.5 % vs. the year before
- Net result
- 19.5 m NOK
- Fiscal year 2025
- Equity
- 418.4 m NOK
- Fiscal year 2025
- Status
- Active
- Central Coordinating Register
- Employees
- –
- Registered in the Central Coordinating Register
- Founded
- 23 June 2022
- Place
- BERGEN
- Industry
- Development and sale of building projects
- 68.120
- Public contracts
- –
- Roles
- 6
- People and entities
The gauges are calculated key figures with open thresholds, not a credit assessment. All amounts come from the Register of Company Accounts.
Calculated by us
Proffi Risk Indicator
88
av 100
Low risk
Based on status, solvency, liquidity, profitability, trend and how recent the accounts are. Public register data only.
This is an indicative assessment, not a credit rating. It does not replace your own due diligence before entering into an agreement.
Proffi+
Proffi estimated value
Calculating …
Indicative model estimate based on public accounting figures and typical industry multiples. Not an appraisal, a valuation or investment advice.
Development
Revenue and profit
RevenueResult
Development
Solvency and profitability (%)
SolidityProfitability
Registry data
Company information
- Organisation number
- 929 624 327
- Organisation form
- Private limited company (AS)
- Registered in the Central Coordinating Register
- 10 August 2022
- Date of incorporation
- 23 June 2022
- Number of employees
- Not stated
- Language form
- Norwegian Bokmål
- Latest submitted annual accounts
- 2025
- Deleted
- Not provided
- Website
- Not stated
- Bankruptcy date
- Not provided
Addresses
Visiting and postal address
Business address
Teatergaten 355010 BERGENBERGEN municipalityNorgePostal address
Not registered
Industry
Industry and sector
- 68.120
Development and sale of building projects(main industry)
M Real estate activities › 68 Real estate activities › 68.1 Buying and selling of own real estate; development of building projects › 68.12 Development and sale of building projects
See the industry: largest companies and key figures →What does this industry cover?
Omfatter: Utvikling av byggeprosjekter for egne boliger og andre bygninger som ikke brukes til beboelse eller utvikling av andre anlegg ved å samle de økonomiske, tekniske og fysiske midlene som skal til for å gjennomføre byggeprosjektene for senere salg. Deling av fast eiendom i parseller og i tillegg utførelse av forberedende arbeid på eiendommen for klargjøring til bygging for senere salg. Omfatter også: Videreutvikling av byggeprosjekter for egne boliger og andre bygninger som ikke brukes til beboelse eller videreutvikling av andre anlegg for å gjennomføre byggeprosjektene for senere salg. Boligbyggelag. Ekskluderer: Bygging av boliger og andre bygninger som ikke brukes til beboelse grupperes under næring 41 Oppføring av bygninger. Fullstendig ombygging eller renovering av eksisterende boliger eller andre bygg som involverer flere spesialiserte byggeaktiviteter grupperes under næring 41 Oppføring av bygninger. Maling og glassarbeid som del av vedlikehold grupperes under 43.34 Maler- og glassarbeid. Anleggsarbeid på eiendommen for klargjøring til bygging og tilhørende byggingsarbeid grupperes under næringshovedområde F Bygge- og anleggsvirksomhet. Utvikling av byggeprosjekter for egen regning, dvs. for senere utleie av eiendom, grupperes under 68.20 Utleie av egen eller leid fast eiendom. Arkitektvirksomhet og byggeteknisk konsulentvirksomhet grupperes under 71.1 Arkitektvirksomhet og teknisk konsulentvirksomhet. Levering av prosjektledelsestjenester innenfor arkitektvirksomhet eller ingeniørvirksomhet for byggeprosjekter grupperes under 71.1 Arkitektvirksomhet og teknisk konsulentvirksomhet.
Institutional sector code: Private aksjeselskaper mv. (2100)
Statutory purpose
Investering i andre selskaper, samt det som naturlig står i forbindelse med dette.
Registry status
Registrations and status
- Registered in the Register of Business Enterprises
- Registered in the VAT register
- Registered in the Register of Non-Profit Organisations
- Registered in the Register of Foundations
- Bankruptcy
- In liquidation
- In compulsory liquidation
Experiences
Reviews
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Accounts
Financial overview
Accounts and key figures
Fiscal year 2025 · Amounts in NOK
Data basis
6 stored years
Liquidity
Strong6.11
How the figure is assessed
Current assets divided by current liabilities. Below 1.0 is weak, 1.0–1.5 needs attention and 1.5 or more is strong.
Profitability
Watch8.7 %
How the figure is assessed
Operating profit divided by operating revenue. Below 0% is weak, 0–10% needs attention and 10% or more is strong.
Solidity
Strong68.2 %
How the figure is assessed
Equity divided by assets. Below 10% is weak, 10–30% needs attention and 30% or more is strong.
Key numbers and development
Only reported amounts from the Register of Company Accounts
| Accounting item | 2025 | 2025 | 2024 | Development |
|---|---|---|---|---|
| Operating revenue | 197,498,399 | 617,347 | 166,346,605 | |
| Operating profit | 17,089,973 | -4,730,376 | 15,724,132 | |
| Profit before tax | 18,502,971 | 4,534,584 | 31,422,362 | |
| Net result | 19,521,954 | 3,698,400 | 26,571,660 | |
| Total assets | 613,834,148 | 173,414,866 | 583,620,928 | |
| Equity | 418,437,165 | 148,307,638 | 413,175,211 | |
| Liabilities | 195,396,983 | 25,107,228 | 170,445,719 |
The gauges are calculated key figures with open thresholds. They are not a credit assessment.
Graphical analysis
6 fiscal years (2023–2025)
- Operating revenue 2025
- 197,498,399 NOK
- Net result 2025
- 19,521,954 NOK
- Revenue growth
- –
Revenue and profit
Amounts in NOK
Operating margin
Calculated by us, in percent
Equity and liabilities
Balance sheet in NOK
Register of Company Accounts
Annual accounts 2025
Period 2025-01-01 to 2025-12-31. Currency NOK. Audited annual accounts.
Income statement
| Total operating revenue | 197,498,399 NOK |
|---|---|
| Total operating expenses | 180,408,426 NOK |
| Operating profit | 17,089,973 NOK |
| Total financial income | 10,328,509 NOK |
| Total financial expenses | 8,915,511 NOK |
| Net financial items | 1,412,998 NOK |
| Profit before tax | 18,502,971 NOK |
| Net result | 19,521,954 NOK |
Assets
| Total fixed assets | 179,489,760 NOK |
|---|---|
| Total current assets | 434,344,387 NOK |
| Total assets | 613,834,148 NOK |
Equity and liabilities
| Paid-in equity | 133,393,219 NOK |
|---|---|
| Retained earnings | 262,567,787 NOK |
| Total equity | 418,437,165 NOK |
| Current liabilities | 71,114,581 NOK |
| Long-term liabilities | 124,282,402 NOK |
| Total debt | 195,396,983 NOK |
| Total equity and liabilities | 613,834,148 NOK |
Register of Company Accounts
Annual accounts 2025
Period 2025-01-01 to 2025-12-31. Currency NOK. Audited annual accounts.
Income statement
| Total operating revenue | 617,347 NOK |
|---|---|
| Total operating expenses | 5,347,724 NOK |
| Operating profit | -4,730,376 NOK |
| Total financial income | 9,467,194 NOK |
| Total financial expenses | 202,234 NOK |
| Net financial items | 9,264,960 NOK |
| Profit before tax | 4,534,584 NOK |
| Net result | 3,698,400 NOK |
Assets
| Total fixed assets | 167,152,801 NOK |
|---|---|
| Total current assets | 6,262,065 NOK |
| Total assets | 173,414,866 NOK |
Equity and liabilities
| Paid-in equity | 133,393,218 NOK |
|---|---|
| Retained earnings | 14,914,420 NOK |
| Total equity | 148,307,638 NOK |
| Current liabilities | 21,040,885 NOK |
| Long-term liabilities | 4,066,343 NOK |
| Total debt | 25,107,228 NOK |
| Total equity and liabilities | 173,414,866 NOK |
Register of Company Accounts
Annual accounts 2024
Period 2024-01-01 to 2024-12-31. Currency NOK. Audited annual accounts.
Income statement
| Total operating revenue | 166,346,605 NOK |
|---|---|
| Total operating expenses | 150,622,473 NOK |
| Operating profit | 15,724,132 NOK |
| Total financial income | 28,573,635 NOK |
| Total financial expenses | 12,875,405 NOK |
| Net financial items | 15,698,230 NOK |
| Profit before tax | 31,422,362 NOK |
| Net result | 26,571,660 NOK |
Assets
| Total fixed assets | 168,218,505 NOK |
|---|---|
| Total current assets | 415,402,423 NOK |
| Total assets | 583,620,928 NOK |
Equity and liabilities
| Paid-in equity | 133,393,219 NOK |
|---|---|
| Retained earnings | 279,781,992 NOK |
| Total equity | 413,175,211 NOK |
| Current liabilities | 159,337,279 NOK |
| Long-term liabilities | 11,108,440 NOK |
| Total debt | 170,445,719 NOK |
| Total equity and liabilities | 583,620,930 NOK |
Register of Company Accounts
Annual accounts 2024
Period 2024-01-01 to 2024-12-31. Currency NOK. Audited annual accounts.
Income statement
| Total operating revenue | 997,128 NOK |
|---|---|
| Total operating expenses | 4,901,389 NOK |
| Operating profit | -3,904,261 NOK |
| Total financial income | 11,956,841 NOK |
| Total financial expenses | 221,245 NOK |
| Net financial items | 11,735,596 NOK |
| Profit before tax | 7,831,335 NOK |
| Net result | 7,330,338 NOK |
Assets
| Total fixed assets | 164,338,794 NOK |
|---|---|
| Total current assets | 7,682,158 NOK |
| Total assets | 172,020,952 NOK |
Equity and liabilities
| Paid-in equity | 133,393,219 NOK |
|---|---|
| Retained earnings | 24,216,018 NOK |
| Total equity | 157,609,237 NOK |
| Current liabilities | 12,451,570 NOK |
| Long-term liabilities | 1,960,145 NOK |
| Total debt | 14,411,715 NOK |
| Total equity and liabilities | 172,020,952 NOK |
Register of Company Accounts
Annual accounts 2023
Period 2023-01-01 to 2023-12-31. Currency NOK. Audited annual accounts.
Income statement
| Total operating revenue | 142,560,216 NOK |
|---|---|
| Total operating expenses | 137,067,514 NOK |
| Operating profit | 5,492,702 NOK |
| Total financial income | 26,847,982 NOK |
| Total financial expenses | 7,138,717 NOK |
| Net financial items | 19,709,265 NOK |
| Profit before tax | 25,201,967 NOK |
| Net result | 21,824,635 NOK |
Assets
| Total fixed assets | 179,681,803 NOK |
|---|---|
| Total current assets | 360,422,932 NOK |
| Total assets | 540,104,735 NOK |
Equity and liabilities
| Paid-in equity | 133,393,218 NOK |
|---|---|
| Retained earnings | 242,213,713 NOK |
| Total equity | 395,003,550 NOK |
| Current liabilities | 135,849,780 NOK |
| Long-term liabilities | 9,251,406 NOK |
| Total debt | 145,101,186 NOK |
| Total equity and liabilities | 540,104,736 NOK |
Register of Company Accounts
Annual accounts 2023
Period 2023-01-01 to 2023-12-31. Currency NOK. Audited annual accounts.
Income statement
| Total operating revenue | 701,701 NOK |
|---|---|
| Total operating expenses | 2,874,765 NOK |
| Operating profit | -2,173,064 NOK |
| Total financial income | 8,055,529 NOK |
| Total financial expenses | 310,610 NOK |
| Net financial items | 7,744,919 NOK |
| Profit before tax | 5,571,855 NOK |
| Net result | 4,653,941 NOK |
Assets
| Total fixed assets | 171,794,144 NOK |
|---|---|
| Total current assets | 4,373,458 NOK |
| Total assets | 176,167,602 NOK |
Equity and liabilities
| Paid-in equity | 133,393,218 NOK |
|---|---|
| Retained earnings | 22,885,681 NOK |
| Total equity | 156,278,899 NOK |
| Current liabilities | 16,354,103 NOK |
| Long-term liabilities | 3,534,600 NOK |
| Total debt | 19,888,703 NOK |
| Total equity and liabilities | 176,167,602 NOK |
Source: Register of Company Accounts, Brønnøysund Register Centre. Figures are shown as submitted, and historical years are never overwritten by newer submissions.
Key figures
Calculated by us
Key figures
| Key figures | 2025 | 2025 | 2024 | 2024 | 2023 | 2023 |
|---|---|---|---|---|---|---|
| Operating marginOperating profit divided by total operating revenue. | 8.7 % | -766.2 % | 9.5 % | -391.6 % | 3.9 % | -309.7 % |
| Profit marginOrdinary profit before tax divided by total operating revenue. | 9.4 % | 734.5 % | 18.9 % | 785.4 % | 17.7 % | 794 % |
| Equity ratioTotal equity divided by total assets. | 68.2 % | 85.5 % | 70.8 % | 91.6 % | 73.1 % | 88.7 % |
| Current ratioTotal current assets divided by total current liabilities. | 6.11 | 0.3 | 2.61 | 0.62 | 2.65 | 0.27 |
| Debt ratioTotal liabilities divided by total equity. | 0.47 | 0.17 | 0.41 | 0.09 | 0.37 | 0.13 |
| Return on assetsOrdinary profit before tax plus financial expenses, divided by total assets. | 4.5 % | 2.7 % | 7.6 % | 4.7 % | 6 % | 3.3 % |
| Return on equityNet profit divided by total equity. | 4.7 % | 2.5 % | 6.4 % | 4.7 % | 5.5 % | 3 % |
About the calculation
The key figures are calculated by us (formula version v1) from public accounts in the Register of Company Accounts. A figure is only calculated when all input values exist and the denominator is not zero. The figures are not a credit assessment.
Roles and owners
Registry data
Roles
Chief executive officer
- Chief executive officerKjetil Helland
Board
- Chair of the boardBente Helland Hagelien
- Board memberKjetil Helland
- Board memberMagnus Helland
Auditor
- AuditorFORVIS MAZARS AS
Accountant
- AccountantENORA AS
Source: The Brønnøysund Register Centre. We only show name and role as published by the register – never date of birth or private address.
Organisation
Structure
Organisation structure
- Entity type
- Main entity
- Parent entity
- Not stated
- Number of sub-units
- 1
Overview
Structure map
HELLAND UTVIKLING AS
HELLAND UTVIKLING AS
BERGEN
Registry data
Sub-units
| Name | Org. no. | Place | Employees |
|---|---|---|---|
| HELLAND UTVIKLING ASDevelopment and sale of building projects | 874 004 162 | BERGEN | – |
More about the company
This has not been registered yet. We never show made-up information.
Services and products
The company has not added any services yet.
Public approvals
Not in the Norwegian Building Authority's central approval register.
Public contracts
No notices found in TED where the company is a supplier or contracting authority.
Registered changes
We show changes from the Brønnøysund Register Centre's change log from the next registered change.
Documents
Certificates of registration and other documents require a separate agreement with a document provider.
Transparency
Sources and data quality
Company information
Brønnøysund Register Centre · Public register
Last retrieved 15 November 2026 at 03:43
Open official sourceRoles
Brønnøysund Register Centre · Public register
Last retrieved 15 November 2026 at 03:43
Open official sourceAccounts and key figures
Register of Company Accounts · Public register
Last retrieved 15 November 2026 at 03:43
Open official sourceAddress (verified)
Norwegian Mapping Authority – Geonorge address API · Public register
Last retrieved 15 November 2026 at 03:43
Open official sourceCentral approval
Norwegian Building Authority (DiBK) · No approval found
Last retrieved 15 November 2026 at 03:43
Open official sourceIndustry standard (SN2007)
Statistics Norway – KLASS · Official standard
Last retrieved 15 November 2026 at 03:43
Open official source
Public registry data is updated periodically and cannot be changed by the company. Calculated figures are marked “Calculated by us”.
Report an errorSource
Public registry fields on this page come from the Central Coordinating Register and cannot be changed by the company. Self-reported content is marked separately.
Read about the data sources