World Heritage Salmon 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 | – | 8.8% |
| Profit margin | – | 4.4% |
| Return on assets | −0.5% | 5.7% |
| Equity ratio | 94.8% | 33.0% |
| Debt-to-equity | 0.05 | 1.74 |
| Current ratio | 11.53 | 1.66 |
| Revenue growth | – | 1.1% |
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
World Heritage Salmon AS had an equity ratio of 94.8% in 2024. The company is not ranked: revenue not reported.
No large changes in the key figures from 2023 to 2024.
This text is generated automatically from the 2024 accounts.
Three simple methods
One method gives a figure: 116 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 16.9 | not meaningful |
| EV/EBIT | 17.0 | not meaningful |
| P/B | 2.2 | 116 MNOK |
The listed basis is the value at listed multiples. The estimate is lowered by 46% for an unlisted company: 20% for lack of marketability and 32% for size (a small-company premium of 3% on the cost of equity).
A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. See the calculation
Worth a closer look
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin – (median 4.4%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 19.5% of the debt in 2024. The policy rate averaged 4.50 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.
See interest rates, prices and exchange rates for the sector
Data quality
- watch Revenue not reported
- watch No revenue but large assets
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 −0.5%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
Questions and answers
How profitable is World Heritage Salmon AS?
The operating margin was – in 2024, against a median of 8.8% among companies in the same sector. Return on assets was −0.5%. The company made a loss before tax.
How solid is World Heritage Salmon AS?
The equity ratio was 94.8% in 2024 (median 33.0%). Debt-to-equity was 0.05 (median 1.74).
What is the liquidity of World Heritage Salmon AS like?
The current ratio was 11.53 in 2024 (median 1.66).
From the Central Coordinating Register
- Org. no.
- 824860882
- Legal form
- AS
- Sector
- Sjømat (03.212)
- Employees
- 0–4 (not registered)
- Founded
- 16 March 2020 6 years in operation
- Share capital
- 0.85 MNOK
- Business address
- Kipervikgata 13, 6003 ÅLESUND
- Municipality
- Ålesund rank 2–6 of 10 in KOSTRA group 11
- Latest accounts filed
- 2025
- LEI
- 636700L1TY4M4R5T9394 renews 13 September 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
Loading roles …
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
- Parent company
- Hofseth International AS (Norway)
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 31 October 2026. The parent is the one the company itself reported to GLEIF.
Shareholders (2025)
- Number of shareholders
- 3 (one owner holds more than half)
- Largest owner
- 85.9%
- Split
- companies 100% · private persons 0% · foreign 5%
- Owned from the same municipality
- 100%
- Group chain
-
Owned by: Hofseth International AS (86%)
Ultimate owner: Hofseth International AS
The owner: the majority owner Hofseth International AS (holds 86%) made a loss in 2025. A weak parent can affect the subsidiary through group contributions, loans and guarantees. It is an indication to watch, not an assessment of the company.
- Hofseth International AS · 85.9%
- Raud Invest AS · 9.1%
- Yokohama Reito CO LTD (Japan) · 5.0%
The company is new in the shareholder register in 2025.
Holds shares in: Aqua Bio Technology ASA (1%)
Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.
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 | 0.1% | −0.5% | 0.9% | |
| Equity ratio | 91.1% | 94.8% | 89.7% | |
| Current ratio | 3.94 | 11.53 | 0.63 | |
| Revenue growth | – | – | – |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | – | – | 0.0 MNOK |
| Operating profit | −0.8 MNOK | −2.9 MNOK | −2.4 MNOK |
| Profit before tax | −0.7 MNOK | −1.5 MNOK | −1.3 MNOK |
| Tax expense | – | – | 0.0 MNOK |
| Net profit | −0.7 MNOK | −1.5 MNOK | −1.3 MNOK |
| Financial expenses | 0.9 MNOK | 1.0 MNOK | 2.2 MNOK |
| Total assets | 108.0 MNOK | 102.2 MNOK | 106.7 MNOK |
| Current assets | 37.9 MNOK | 61.4 MNOK | 6.9 MNOK |
| Equity | 98.4 MNOK | 96.9 MNOK | 95.6 MNOK |
| Retained earnings | −5.9 MNOK | −7.4 MNOK | −8.6 MNOK |
| Total liabilities | 9.6 MNOK | 5.3 MNOK | 11.0 MNOK |
| Current liabilities | 9.6 MNOK | 5.3 MNOK | 11.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6291953.