CONNECTOR SUBSEA TECHNOLOGY AS
Score · fiscal year 2024
Not enough data: Revenue not reported
Based on the annual accounts for 2024
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating margin | – | 6.2% |
| Profit margin | – | 6.5% |
| Return on assets | −1,875,000.0% | 11.6% |
| Equity ratio | −3,931,000.0% | 39.0% |
| Debt-to-equity | – | 0.92 |
| Current ratio | 0.00 | 1.48 |
| Revenue growth | – | 6.6% |
The median and “ahead of” refer to companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
Score over time
Score over time needs at least two fiscal years with a score. It will appear when next year's figures are fetched or history is imported.
What the numbers say
CONNECTOR SUBSEA TECHNOLOGY AS had an equity ratio of −3,931,000.0% in 2024. The company is not ranked: revenue not reported.
From 2023 to 2024: the equity ratio fell from −2,056,000.0% to −3,931,000.0%.
This text is generated automatically from the 2024 accounts.
Three simple methods
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | not meaningful |
A mechanical estimate from public accounts, not advice. Mechanical estimate from public accounts with fixed multiples. Not a valuation and not advice to buy or sell. The multiples are provisional default values and must be adjusted per sector before the figures are used for anything. See the calculation
Worth a closer look
- critical
Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?
Based on: Equity ratio −3,931,000.0% (median 39.0%).
- critical
Consider strengthening liquidity: current assets do not cover current liabilities.
Based on: Current ratio 0.00 (median 1.48).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin – (median 6.5%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
See interest rates, prices and exchange rates for the sector
Data quality
- watch Revenue not reported
- critical Negative equity
Scenario analysis: the sector's weakest year
We have no accounts for 2022, the sector's weakest year, for this company.
The sector's weakest year was 2022, with a median operating margin of 1.6%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
Questions and answers
How profitable is CONNECTOR SUBSEA TECHNOLOGY AS?
The operating margin was – in 2024, against a median of 6.2% among companies in the same sector. Return on assets was −1,875,000.0%. The company made a loss before tax.
How solid is CONNECTOR SUBSEA TECHNOLOGY AS?
The equity ratio was −3,931,000.0% in 2024 (median 39.0%). Equity is negative, so liabilities exceed assets.
What is the liquidity of CONNECTOR SUBSEA TECHNOLOGY AS like?
The current ratio was 0.00 in 2024 (median 1.48). Current assets did not cover current liabilities.
From the Central Coordinating Register
- Org. no.
- 817740472
- Legal form
- AS
- Sector
- Olje og gass (09.109)
- Size tier
- small
- Employees
- 19 registered 10 October 2026
- Founded
- 1 September 2016 10 years in operation
- Share capital
- 0.03 MNOK
- Business address
- c/o Connector, Kokstadflaten 17, 5257 KOKSTAD (BERGEN)
- Municipality
- Bergen rank 8 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
Source: Central Coordinating Register, Brønnøysund Register Centre. The employee count is reported by the company and may be older than the accounts. See the company at the Brønnøysund Register Centre
Ownership and roles
- Chief executive
- André Kristiansen Midtun
- Chair of the board
- Pål Magne Hisdal
- Auditor
- CEDRA NORGE AS
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
Owners and shareholdings will appear here once the shareholder data extract is in place.
Coming · not built yet
Error in the data?
Do you see an error in the figures or in how the company is mapped (sector, holding, group)? Let us know. Corrections require documentation.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | – | – | – | |
| Rank | – | – | – | |
| Operating margin | – | – | – | |
| Return on assets | −1,312,500.0% | −1,875,000.0% | −2,025,000.0% | |
| Equity ratio | −2,056,000.0% | −3,931,000.0% | −5,956,000.0% | |
| Current ratio | 0.00 | 0.00 | – | |
| Revenue growth | – | – | – |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | – | – | – |
| Operating profit | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Profit before tax | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Net profit | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Financial expenses | – | – | – |
| Total assets | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Current assets | 0.0 MNOK | 0.0 MNOK | – |
| Equity | 0.0 MNOK | 0.0 MNOK | −0.1 MNOK |
| Retained earnings | −0.1 MNOK | −0.1 MNOK | −0.1 MNOK |
| Total liabilities | 0.0 MNOK | 0.0 MNOK | 0.1 MNOK |
| Current liabilities | 0.0 MNOK | 0.0 MNOK | 0.1 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6162009.