SOLSTAD SUBSEA HOLDING AS
Score · fiscal year 2025
34of 100
How to read this: the company is ahead of 23 % of small companies in the same sector in 2025. What does this mean?
Rank: 1,250 of 1,589 · Sjøfart
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 61 and solidity 31 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
SOLSTAD SUBSEA HOLDING AS is 16 points below the median for small companies in the same sector in 2025.
Median score 50 among 1,146 companies.
Against small companies in the same sector in 2025: operating margin 24.5% (median 8.5%) and equity ratio 31.8% (median 50.7%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 29 MNOK | 5 MNOK |
| Operating margin | 24.5% | 8.5% |
| Profit margin | −94.5% | 9.2% |
| Return on assets | 4.3% | 3.1% |
| Equity ratio | 31.8% | 50.7% |
| Debt-to-equity | 2.14 | 0.68 |
| Current ratio | 0.04 | 1.74 |
| Revenue growth | −76.9% | 0.4% |
The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 34, SOLSTAD SUBSEA HOLDING AS does better than 23% of small companies in the same sector (1,152 companies) in 2025.
Score 2023–2025
- SOLSTAD SUBSEA HOLDING AS
- Median: small companies in the same sector
SOLSTAD SUBSEA HOLDING AS has a score of 34 for 2025, rank 1,250 of 1,589 in the sector.
Strongest: Profitability: percentile 61 against peers, operating margin 24.5% against a median of 8.5%.
Weakest: Growth: percentile 5 against peers, revenue growth −76.9% against a median of 0.4%. Liquidity: percentile 7 against peers, current ratio 0.04 against a median of 1.74.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 27.0 times current assets. Based on: current ratio 0.04 (median 1.74).
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −94.5% (median 9.2%).
- What lies behind weak growth, and will it last?
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 SUBSEA HOLDING AS had an operating margin of 24.5% and an equity ratio of 31.8% in 2025, and ranks 1,250 of 1,589 in Sjøfart.
From 2024 to 2025: the operating margin fell from 93.7% to 24.5% and went from a profit to a loss before tax.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 285 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | debt above value |
| P/B | 1.0 | 285 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
- critical
Consider strengthening liquidity: current liabilities are 27.0 times current assets.
Based on: Current ratio 0.04 (median 1.74).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −94.5% (median 9.2%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
No anomalies found in the figures.
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 | 61 | weight 30% |
|---|---|---|
| Solidity | 31 | weight 25% |
| Liquidity | 7 | weight 15% |
| Growth | 5 | weight 15% |
| Consistency | 40 | weight 15% |
Durability: 55 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is SOLSTAD SUBSEA HOLDING AS?
The operating margin was 24.5% in 2025, against a median of 8.5% among small companies in the same sector. Return on assets was 4.3%. The company made a loss before tax.
How solid is SOLSTAD SUBSEA HOLDING AS?
The equity ratio was 31.8% in 2025 (median 50.7%). Debt-to-equity was 2.14 (median 0.68).
What is the liquidity of SOLSTAD SUBSEA HOLDING AS like?
The current ratio was 0.04 in 2025 (median 1.74). Current assets did not cover current liabilities.
How does SOLSTAD SUBSEA HOLDING AS compare in Sjøfart?
SOLSTAD SUBSEA HOLDING AS ranks 1,250 of 1,589 in Sjøfart for 2025. Among companies of the same size (small companies) it ranks 891 of 1,152. Revenue changed by −76.9% from the year before.
From the Central Coordinating Register
- Org. no.
- 825100822
- Legal form
- AS
- Sector
- Sjøfart (50.201)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 20 April 2020 6 years in operation
- Share capital
- 0.55 MNOK
- Business address
- Nesavegen 39, 4280 SKUDENESHAVN (KARMØY)
- Municipality
- Karmøy rank 1–6 of 13 in KOSTRA group 10
- 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
- Chair of the board
- Lars Peder Solstad
- Board member
- Kjetil Ramstad
- Auditor
- ERNST & YOUNG AS
Source: Central Coordinating Register, fetched 25 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 | 70 | 61 | 34 | |
| Rank | 195 | 368 | 1,250 | |
| Operating margin | – | 93.7% | 24.5% | |
| Return on assets | 33.8% | 51.5% | 4.3% | |
| Equity ratio | 64.7% | 48.0% | 31.8% | |
| Current ratio | 1.18 | 0.89 | 0.04 | |
| Revenue growth | – | – | −76.9% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | – | 125.3 MNOK | 28.9 MNOK |
| Operating profit | −12.2 MNOK | 117.5 MNOK | 7.1 MNOK |
| Profit before tax | 143.2 MNOK | 387.2 MNOK | −27.3 MNOK |
| Net profit | 138.5 MNOK | 385.2 MNOK | −37.1 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 65.9 MNOK |
| Total assets | 423.2 MNOK | 751.7 MNOK | 895.4 MNOK |
| Current assets | 176.5 MNOK | 348.6 MNOK | 15.2 MNOK |
| Equity | 273.7 MNOK | 360.9 MNOK | 285.1 MNOK |
| Retained earnings | – | 87.2 MNOK | 11.5 MNOK |
| Total liabilities | 149.5 MNOK | 390.8 MNOK | 610.3 MNOK |
| Current liabilities | 149.3 MNOK | 390.8 MNOK | 411.3 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6965930.
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