Polarfeed AS
Score · fiscal year 2025
36of 100
How to read this: the company is ahead of 23 % of companies in the Morning class Large in the same sector in 2025. What does this mean?
Rank in the Morning class Large: 86 of 111 · What are Morning company classes?
Place in the whole sector: 1,727 of 2,212 · Sjømat
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 55 and solidity 10 out of 100 among companies in the Morning class Large in the same sector in 2025. Methodology
Against the sector
Polarfeed AS is 15 points below the median for companies in the Morning class Large in the same sector in 2025.
Median score 51 among 111 companies.
Against companies in the Morning class Large in the same sector in 2025: operating margin 4.3% (median 4.9%) and equity ratio 17.4% (median 39.0%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 523 MNOK | 1,059 MNOK |
| Operating margin | 4.3% | 4.9% |
| Profit margin | 3.5% | 3.6% |
| Return on assets | 9.8% | 7.1% |
| Equity ratio | 17.4% | 39.0% |
| Debt-to-equity | 4.75 | 1.56 |
| Current ratio | 1.39 | 1.56 |
| Revenue growth | −30.2% | 7.4% |
| Revenue per employee | 15.85 MNOK | 11.39 MNOK |
The median and “ahead of” refer to companies in the Morning class Large in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 36, Polarfeed AS does better than 23% of companies in the Morning class Large in the same sector (111 companies) in 2025.
Score 2023–2025
- Polarfeed AS
- Median: companies in the Morning class Large in the same sector
Polarfeed AS has a score of 36 for 2025, rank 1,727 of 2,212 in the sector.
Strongest: Consistency: percentile 71 against peers.
Weakest: Growth: percentile 2 against peers, revenue growth −30.2% against a median of 7.4%. Solidity: percentile 10 against peers, equity ratio 17.4% against a median of 39.0%.
Worth a closer look
- What lies behind weak growth, and will it last?
- What lies behind weak solidity, 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
Polarfeed AS had an operating margin of 4.3% and an equity ratio of 17.4% in 2025, and ranks 1,727 of 2,212 in Sjømat.
From 2024 to 2025: revenue fell by 30% and the equity ratio rose from 11.1% to 17.4%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 43 MNOK and 142 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 142 MNOK |
| EV/EBIT | 8.0 | 139 MNOK |
| P/B | 1.0 | 43 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 2.9% 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.
See interest rates, prices and exchange rates for the sector
Data quality
No anomalies found in the figures.
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
What the score is made of
| Profitability | 55 | weight 30% |
|---|---|---|
| Solidity | 10 | weight 25% |
| Liquidity | 44 | weight 15% |
| Growth | 2 | weight 15% |
| Consistency | 71 | weight 15% |
Durability: 31 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Polarfeed AS?
The operating margin was 4.3% in 2025, against a median of 4.9% among companies in the Morning class Large in the same sector. Return on assets was 9.8%.
How solid is Polarfeed AS?
The equity ratio was 17.4% in 2025 (median 39.0%). Debt-to-equity was 4.75 (median 1.56).
What is the liquidity of Polarfeed AS like?
The current ratio was 1.39 in 2025 (median 1.56).
How does Polarfeed AS compare in Sjømat?
Polarfeed AS ranks 1,727 of 2,212 in Sjømat for 2025. Among companies in the Morning class Large it is number 86 of 111. Revenue changed by −30.2% from the year before.
From the Central Coordinating Register
- Org. no.
- 825504672
- Legal form
- AS
- Sector
- Sjømat (03.300)
- Morning company class
- Large
- Employees
- 33 registered 10 October 2026
- Founded
- 12 June 2020 6 years in operation
- Share capital
- 0.03 MNOK
- Business address
- c/o Lofoten Bio Centre, Storeidøya 60, 8370 LEKNES (VESTVÅGØY)
- Municipality
- Vestvågøy rank 4–11 of 13 in KOSTRA group 8
- Latest accounts filed
- 2025
- LEI
- 549300MPY0T4BRKZNH76 renews 26 June 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
- Nordly Holding AS (Norway)
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 30 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 | 19 | 39 | 36 | |
| Rank | 1,875 | 1,375 | 1,727 | |
| Operating margin | 3.8% | 3.6% | 4.3% | |
| Return on assets | 10.5% | 11.2% | 9.8% | |
| Equity ratio | 5.5% | 11.1% | 17.4% | |
| Current ratio | 1.20 | 1.57 | 1.39 | |
| Revenue growth | – | 36.0% | −30.2% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 551.2 MNOK | 749.4 MNOK | 523.0 MNOK |
| Operating profit | 21.0 MNOK | 26.6 MNOK | 22.5 MNOK |
| Profit before tax | 15.0 MNOK | 22.5 MNOK | 18.3 MNOK |
| Net profit | 11.7 MNOK | 17.6 MNOK | 14.2 MNOK |
| Financial expenses | 7.1 MNOK | 7.0 MNOK | 6.0 MNOK |
| Total assets | 211.6 MNOK | 263.0 MNOK | 249.3 MNOK |
| Current assets | 184.3 MNOK | 232.0 MNOK | 204.4 MNOK |
| Equity | 11.6 MNOK | 29.2 MNOK | 43.4 MNOK |
| Retained earnings | 1.4 MNOK | 18.9 MNOK | 33.1 MNOK |
| Total liabilities | 200.0 MNOK | 233.8 MNOK | 205.9 MNOK |
| Current liabilities | 153.9 MNOK | 147.5 MNOK | 147.2 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7188075.
Further
Similar companies
- Pelagia AS index 38, rank 1,676 · compare
- Lerøy Vest Sjø AS index 37, rank 1,709 · compare
- Stella Polaris Norway AS index 36, rank 1,720 · compare
- First Seafood AS index 35, rank 1,764 · compare
- Sinkaberg Havbruk AS index 35, rank 1,768 · compare