ENTERGREEN AS

Org. no. 821270812 · VÅGAN · Founded 2018

Score · fiscal year 2024

42of 100

How to read this: the company is ahead of 38 % of small companies in the same sector in 2024. What does this mean?

Rank: 2,498 of 3,976 · Sjømat

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 69 and solidity 0 out of 100 among small companies in the same sector in 2024. Methodology

Against the sector

ENTERGREEN AS is 8 points below the median for small companies in the same sector in 2024.

Median score 50 among 3,476 companies.

Against small companies in the same sector in 2024: operating margin 14.9% (median 3.7%) and equity ratio −257.9% (median 35.6%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue0 MNOK1 MNOK
Operating margin 14.9% 3.7% 68 %
Profit margin 14.9% 0.8% shown, not part of the index
Return on assets 6.5% 1.2% 70 %
Equity ratio −257.9% 35.6% 4 %
Debt-to-equity – 0.96 not compared
Current ratio 0.12 1.52 10 %
Revenue growth 175.0% −5.9% 93 %

The median and “ahead of” refer to small companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 42, ENTERGREEN AS does better than 38% of small companies in the same sector (3,481 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • ENTERGREEN AS
  • Median: small companies in the same sector
Analysis · 2024

What the numbers say

ENTERGREEN AS had an operating margin of 14.9% and an equity ratio of −257.9% in 2024, and ranks 2,498 of 3,976 in Sjømat.

From 2023 to 2024: the operating margin rose from −4,685.3% to 14.9% and revenue grew by 175%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

MethodInputMultipleEstimate
P/E Net profit: 0.0 MNOK 10.0 not meaningful
EV/EBIT Operating profit: 0.0 MNOK
minus net debt 0.0 MNOK
8.0 debt above value
P/B Equity: 0.0 MNOK 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

Indications · 2024

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 −257.9% (median 35.6%).

  • critical

    Consider strengthening liquidity: current liabilities are 8.0 times current assets.

    Based on: Current ratio 0.12 (median 1.52).

  • watch

    Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?

    Based on: Revenue growth 175.0% (median −5.9%); Current ratio 0.12 (median 1.52).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Data quality

  • critical Negative equity
Stress test · 2022

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 −5.0%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability69 weight 30%
Solidity0 weight 25%
Liquidity10 weight 15%
Growth93 weight 15%
Consistency42 weight 15%

Durability: 22 (average over 2 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2024

Questions and answers

How profitable is ENTERGREEN AS?

The operating margin was 14.9% in 2024, against a median of 3.7% among small companies in the same sector. Return on assets was 6.5%.

How solid is ENTERGREEN AS?

The equity ratio was −257.9% in 2024 (median 35.6%). Equity is negative, so liabilities exceed assets.

What is the liquidity of ENTERGREEN AS like?

The current ratio was 0.12 in 2024 (median 1.52). Current assets did not cover current liabilities.

How does ENTERGREEN AS compare in Sjømat?

ENTERGREEN AS ranks 2,498 of 3,976 in Sjømat for 2024. Among companies of the same size (small companies) it ranks 2,172 of 3,481. Revenue changed by 175.0% from the year before.

From the Central Coordinating Register

Org. no.
821270812
Legal form
AS
Sector
Sjømat (03.300)
Size tier
small
Employees
0–4 (not registered)
Founded
8 August 2018 8 years in operation
Share capital
0.04 MNOK
Business address
c/o John-Arne Storhaug, Hubroveien 8, 8300 SVOLVÆR (VÅGAN)
Municipality
Vågan rank 6–16 of 18 in KOSTRA group 2
Audit
Audit opted out from 22 August 2018
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
Martin Storhaug
Chair of the board
Martin Storhaug
Board member
John-Arne Storhaug
Board member
Bertil Zahl

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.

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index24211
Rank3,7082,4983,974
Operating margin−4,685.3%14.9%−28.6%
Return on assets−796.7%6.5%−11.4%
Equity ratio−261.3%−257.9%−299.2%
Current ratio0.070.120.04
Revenue growth–175.0%−18.2%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure202320242025
Operating revenue0.0 MNOK0.0 MNOK0.0 MNOK
Operating profit−0.1 MNOK0.0 MNOK0.0 MNOK
Profit before tax−0.1 MNOK0.0 MNOK0.0 MNOK
Net profit−0.1 MNOK0.0 MNOK0.0 MNOK
Financial expenses––0.0 MNOK
Total assets0.0 MNOK0.0 MNOK0.0 MNOK
Current assets0.0 MNOK0.0 MNOK0.0 MNOK
Equity0.0 MNOK0.0 MNOK0.0 MNOK
Retained earnings−0.6 MNOK−0.6 MNOK−0.6 MNOK
Total liabilities0.1 MNOK0.1 MNOK0.1 MNOK
Current liabilities0.0 MNOK0.0 MNOK0.0 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6271275.

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