HARDANGER SEAFOOD AS

Org. no. 826167572 · BØMLO · Founded 2020 · 75 employees

Score · fiscal year 2025

40of 100

How to read this: the company is ahead of 29 % of medium-sized companies in the same sector in 2025. What does this mean?

Rank: 2,886 of 4,158 · Sjømat

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 58 and solidity 6 out of 100 among medium-sized companies in the same sector in 2025. Methodology

Against the sector

HARDANGER SEAFOOD AS is 9 points below the median for medium-sized companies in the same sector in 2025.

Median score 49 among 461 companies.

Against medium-sized companies in the same sector in 2025: operating margin 17.9% (median 10.6%) and equity ratio 7.4% (median 41.4%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue215 MNOK192 MNOK
Operating margin 17.9% 10.6% 65 %
Profit margin 4.7% 7.5% shown, not part of the index
Return on assets 8.0% 7.7% 52 %
Equity ratio 7.4% 41.4% 7 %
Debt-to-equity 12.48 1.37 5 %
Current ratio 1.36 1.70 39 %
Revenue growth 49.8% 8.6% 86 %
Revenue per employee2.86 MNOK7.70 MNOK

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 40, HARDANGER SEAFOOD AS does better than 29% of medium-sized companies in the same sector (461 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • HARDANGER SEAFOOD AS
  • Median: medium-sized companies in the same sector
Summary analysis

HARDANGER SEAFOOD AS has a score of 40 for 2025, rank 2,886 of 4,158 in the sector.

Strongest: Growth: percentile 86 against peers, revenue growth 49.8% against a median of 8.6%.

Weakest: Solidity: percentile 6 against peers, equity ratio 7.4% against a median of 41.4%. Consistency: percentile 14 against peers.

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

HARDANGER SEAFOOD AS had an operating margin of 17.9% and an equity ratio of 7.4% in 2025, and ranks 2,886 of 4,158 in Sjømat.

From 2024 to 2025: the operating margin rose from −2.9% to 17.9% and went from a loss to a profit before tax.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 36 MNOK and 101 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 10.1 MNOK 10.0 101 MNOK
EV/EBIT Operating profit: 38.4 MNOK
minus net debt 389.3 MNOK
8.0 debt above value
P/B Equity: 35.9 MNOK 1.0 36 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

Indications · 2025

Worth a closer look

  • watch

    The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?

    Based on: Equity ratio 7.4% (median 41.4%).

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

Financial costs were 6.4% 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

No anomalies found in the figures.

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 · 2025

What the score is made of

Profitability58 weight 30%
Solidity6 weight 25%
Liquidity39 weight 15%
Growth86 weight 15%
Consistency14 weight 15%

Durability: 30 (average over 3 years)

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

2025

Questions and answers

How profitable is HARDANGER SEAFOOD AS?

The operating margin was 17.9% in 2025, against a median of 10.6% among medium-sized companies in the same sector. Return on assets was 8.0%.

How solid is HARDANGER SEAFOOD AS?

The equity ratio was 7.4% in 2025 (median 41.4%). Debt-to-equity was 12.48 (median 1.37).

What is the liquidity of HARDANGER SEAFOOD AS like?

The current ratio was 1.36 in 2025 (median 1.70).

How does HARDANGER SEAFOOD AS compare in Sjømat?

HARDANGER SEAFOOD AS ranks 2,886 of 4,158 in Sjømat for 2025. Among companies of the same size (medium-sized companies) it ranks 329 of 461. Revenue changed by 49.8% from the year before.

From the Central Coordinating Register

Org. no.
826167572
Legal form
AS
Sector
Sjømat (10.202)
Size tier
medium
Employees
75 registered 10 October 2026
Founded
30 June 2020 6 years in operation
Share capital
100.00 MNOK
Business address
Hovlandsvegen 270, 5443 BØMLO
Municipality
Bømlo rank 2 of 13 in KOSTRA group 8
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
Einar Eide
Chair of the board
Erlend Arild Sødal
Board member
Lindy Selle
Deputy member
Rune Solstrand Aga
Auditor
CEDRA NORGE AS
Accountant
ASPIA NORGE AS
Accountant
KVAM REKNESKAPSKONTOR AS

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
Index262340
Rank3,0883,4832,886
Operating margin−23.4%−2.9%17.9%
Return on assets−3.5%−0.8%8.0%
Equity ratio12.1%5.3%7.4%
Current ratio1.161.201.36
Revenue growth–64.4%49.8%

Accounts

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

Key figure202320242025
Operating revenue87.1 MNOK143.2 MNOK214.6 MNOK
Operating profit−20.4 MNOK−4.1 MNOK38.4 MNOK
Profit before tax−42.7 MNOK−34.1 MNOK10.1 MNOK
Net profit−42.7 MNOK−34.1 MNOK10.1 MNOK
Financial expenses25.2 MNOK30.2 MNOK28.6 MNOK
Total assets494.2 MNOK487.1 MNOK484.0 MNOK
Current assets27.9 MNOK32.4 MNOK43.7 MNOK
Equity59.9 MNOK25.8 MNOK35.9 MNOK
Retained earnings−40.1 MNOK−74.2 MNOK−64.1 MNOK
Total liabilities434.3 MNOK461.3 MNOK448.1 MNOK
Current liabilities24.1 MNOK26.9 MNOK32.1 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7093202.

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