AHLSELL NORGE AS
The company is below the middle of its industry
The company kept 1.6 % of every krone in 2025. The median among 60 companies in engroshandel med jernvarer, rørleggerartikler og oppvarmingsutstyr was 4.8 %.
Key figures 2025
- Revenue
- 8.3 bn kr
- Operating profit
- 133.7 m kr
- Operating margin
- 1.6 %industry median 4.8 %
- Equity ratio
- 35.9 %industry median 40.4 %
- Revenue growth
- +12.0 %from the year before
- Equity
- 1.9 bn kr
The industry
Where the company stands among 60 companies
Among 60 companies in this industry, the top third earned 9.6 % on every krone, against -1.7 % for the weakest third. The spread is 11 percentage points.
We did not find enough companies of roughly the same size to compare within a size band, so this is the whole industry regardless of size. The median company had revenue of 145.1 m kr, against 8.3 bn kr here. Read the position with that in mind.
See the full picture for wholesale of hardware, plumbing and heating equipment and supplies
How the company stands
Margin says how it went, the balance sheet says how the company stands
Two companies on the same margin can be in entirely different situations. These figures come from the balance sheet and say something about how well the company would take a bad quarter.
- 1.5Current ratioSound
- The company covers what falls due, but without much room. How many kroner the company holds in current assets for every krone falling due within the year. Below 1 means the bills coming due are larger than what there is to pay them with.
- 1.8Debt to equitySound
- The debt is manageable against the equity. How many kroner of debt the company carries per krone of equity. Lower is safer.
- 1.0Interest coverWorth a look
- Interest consumes a large share of the operating result. How many times the operating result covers the interest the company pays.
- 621 m krRetained earningsSound
- The company has earned money over time, but less than was put in. How much the company has earned and kept across its whole life, beyond what the owners put in.
Public contracts
Public contracts the company has won
We find 45 public contracts awarded to the company between 2022 and 2026. Total stated value is 51,444,455 euro.
| Year | Buyer | Value | Comes up again |
|---|---|---|---|
| 2026 | Ålesund kommune · framework agreement | not stated | |
| 2026 | Ngir Iks · framework agreement | not stated | |
| 2026 | Eigersund Kommune · framework agreement | not stated | |
| 2026 | Vestfold fylkeskommune · framework agreement | not stated | |
| 2026 | Sandnes kommune · framework agreement | not stated | |
| 2026 | Modum kommune | not stated | |
| 2026 | Ålesund kommune · framework agreement | not stated | |
| 2026 | Ntnu · framework agreement | not stated | |
| 2026 | Viken Vest Innkjøpssamarbeid (VVI) · framework agreement | not stated | |
| 2026 | Drammen kommune · framework agreement | not stated | |
| 2025 | Forsvarsbygg · framework agreement | not stated | |
| 2025 | Ålesund kommune · framework agreement | not stated |
and 33 more
A value is stated on 15 of 45 contracts. The total covers only those.
Contracts come from Doffin and TED. Our collection is not complete, and TED covers only contracts above the EEA threshold, so the figures are a floor and not a full count. We say what we find, not what exists.
History
How it has developed
| Year | Revenue | Operating profit | Margin |
|---|---|---|---|
| 2025 | 8.3 bn kr | 133.7 m kr | 1.6 % |
| 2023 | 7.4 bn kr | 288.2 m kr | 3.9 % |
| 2022 | 7 bn kr | 304.5 m kr | 4.3 % |
| 2021 | 6 bn kr | 254 m kr | 4.2 % |
| 2020 | 5.4 bn kr | 95.1 m kr | 1.7 % |
| 2019 | 5.5 bn kr | -15.1 m kr | -0.3 % |
| 2018 | 5.6 bn kr | -48.1 m kr | -0.9 % |
| 2017 | 5.2 bn kr | 11.6 m kr | 0.2 % |
| 2016 | 4.7 bn kr | -28 m kr | -0.6 % |
| 2015 | 4.4 bn kr | -71.6 m kr | -1.6 % |
| 2014 | 4.5 bn kr | 29.5 m kr | 0.7 % |
Next step
The figures say where the company stands, not why
The accounts show the result of how the company is run, but say nothing about where in the working day the time and the money disappear. That is only found by walking through the flow itself, from the job coming in to the money being on the account.