SOLSTAD SHIPHOLDING AS
Score · fiscal year 2025
71of 100
How to read this: the company is ahead of 89 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 225 of 2,035 · Sjøfart
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 100 and solidity 40 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
SOLSTAD SHIPHOLDING AS is 23 points above the median for medium-sized companies in the same sector in 2025.
Median score 48 among 455 companies.
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating margin | – | 22.9% |
| Profit margin | – | 13.4% |
| Return on assets | 136.2% | 7.5% |
| Equity ratio | 40.9% | 50.4% |
| Debt-to-equity | 1.45 | 0.85 |
| Current ratio | 9.73 | 1.33 |
| Revenue growth | – | 2.4% |
The median and “ahead of” refer to medium-sized companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 71, SOLSTAD SHIPHOLDING AS does better than 89% of medium-sized companies in the same sector (455 companies) in 2025.
Score 2023–2025
- SOLSTAD SHIPHOLDING AS
- Median: medium-sized companies in the same sector
SOLSTAD SHIPHOLDING AS has a score of 71 for 2025, rank 225 of 2,035 in the sector.
Strongest: Profitability: percentile 100 against peers. Liquidity: percentile 85 against peers, current ratio 9.73 against a median of 1.33.
No area is clearly below its peers.
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
SOLSTAD SHIPHOLDING AS had an operating margin of – and an equity ratio of 40.9% in 2025, and ranks 225 of 2,035 in Sjøfart.
From 2024 to 2025: went from a loss to a profit before tax and the equity ratio fell from 74.1% to 40.9%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 229 MNOK and 3,372 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 3,372 MNOK |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 229 MNOK |
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
No rules were triggered for this year.
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 128.6% of the debt in 2025. The policy rate averaged 4.30 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.
Data quality
- watch Revenue not reported
- watch No revenue but large assets
Scenario analysis: the sector's weakest year
We have no accounts for 2026, the sector's weakest year, for this company.
The sector's weakest year was 2026, with a median operating margin of 6.1%. Based on the 7 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 100 | weight 30% |
|---|---|---|
| Solidity | 40 | weight 25% |
| Liquidity | 85 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 49 | weight 15% |
Durability: 58 (average over 3 years)
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is SOLSTAD SHIPHOLDING AS?
The operating margin was – in 2025, against a median of 22.9% among medium-sized companies in the same sector. Return on assets was 136.2%.
How solid is SOLSTAD SHIPHOLDING AS?
The equity ratio was 40.9% in 2025 (median 50.4%). Debt-to-equity was 1.45 (median 0.85).
What is the liquidity of SOLSTAD SHIPHOLDING AS like?
The current ratio was 9.73 in 2025 (median 1.33).
How does SOLSTAD SHIPHOLDING AS compare in Sjøfart?
SOLSTAD SHIPHOLDING AS ranks 225 of 2,035 in Sjøfart for 2025. Among companies of the same size (medium-sized companies) it ranks 51 of 455.
From the Central Coordinating Register
- Org. no.
- 824826692
- Legal form
- AS
- Sector
- Sjøfart (50.201)
- Size tier
- medium
- Employees
- 0–4 (not registered)
- Founded
- 20 February 2020 6 years in operation
- Share capital
- 0.33 MNOK
- Business address
- Nesavegen 39, 4280 SKUDENESHAVN (KARMØY)
- Municipality
- Karmøy rank 2–7 of 13 in KOSTRA group 10
- Latest accounts filed
- 2025
- LEI
- 529900OF2BAIYN6JG955 renews 21 November 2027
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
- Lars Peder Solstad
- Chair of the board
- Lars Peder Solstad
- Board member
- Kjetil Ramstad
- Auditor
- ERNST & YOUNG AS
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
- Parent company
- SOLSTAD OFFSHORE ASA (Norway)
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 29 October 2026. The parent is the one the company itself reported to GLEIF.
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 | 36 | 68 | 71 | |
| Rank | 1,310 | 288 | 225 | |
| Operating margin | – | – | – | |
| Return on assets | 10.0% | 80.4% | 136.2% | |
| Equity ratio | 4.5% | 74.1% | 40.9% | |
| Current ratio | 1.00 | 0.85 | 9.73 | |
| Revenue growth | – | – | – |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | – | – | – |
| Operating profit | −117.9 MNOK | −22.2 MNOK | −13.4 MNOK |
| Profit before tax | 19.1 MNOK | −76.9 MNOK | 337.2 MNOK |
| Net profit | 19.1 MNOK | −76.9 MNOK | 337.2 MNOK |
| Financial expenses | 1,179.0 MNOK | 647.4 MNOK | 426.4 MNOK |
| Total assets | 11,968.0 MNOK | 709.3 MNOK | 560.9 MNOK |
| Current assets | 11,435.3 MNOK | 156.2 MNOK | 80.4 MNOK |
| Equity | 538.7 MNOK | 525.7 MNOK | 229.3 MNOK |
| Retained earnings | −291.4 MNOK | −341.0 MNOK | −3.8 MNOK |
| Total liabilities | 11,429.3 MNOK | 183.6 MNOK | 331.5 MNOK |
| Current liabilities | 11,429.3 MNOK | 182.7 MNOK | 8.3 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6993028.
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