BIZTRAC BETA
Rental and operating of own or leased real estate

PAPPER UTVIKLING AS

Org. no. 928987051 Limited company (AS) Hvaler Incorporated 2022 Active
Ownership graph ↗
Revenue 2025 NOK 23,000
Operating profit NOK −321,000
Equity NOK −1.0m
Incorporated 2022
Share capital NOK 30,000

Key figures · 2025

Current ratio
0.39
Not satisfactory
Equity ratio
-12.7%
Weak

Key figures over time · 2025

Key figures2025Trend
Lønnsomhet
Operating margin (%%) -1389.4%
Net margin (%%) -1026.8%
Return on assets (%%) -3.9%
Likviditet
Current ratio 0.39
Working capital −58k
Soliditet
Equity ratio (%%) -12.7%
Debt-to-equity ratio -8.87

Source: Biztrac.no · Data from the Brønnøysund Register Centre and the Norwegian Tax Administration · Last updated 15.06.2026.

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