PHRONTESEAS AS

Org. no. 826394862 · STAVANGER · Founded 2020

Score · fiscal year 2023

47of 100

How to read this: the company is ahead of 45 % of small companies in the same sector in 2023. What does this mean?

Rank: 305 of 565 · Olje og gass

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 56 and solidity 32 out of 100 among small companies in the same sector in 2023. Methodology

Against the sector

PHRONTESEAS AS is 3 points below the median for small companies in the same sector in 2023.

Median score 50 among 311 companies.

Against small companies in the same sector in 2023: operating margin −2.0% (median 5.1%) and equity ratio 24.6% (median 48.9%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue65 MNOK3 MNOK
Operating margin −2.0% 5.1% 34 %
Profit margin −0.1% 10.0% shown, not part of the index
Return on assets 19.9% 3.5% 78 %
Equity ratio 24.6% 48.9% 39 %
Debt-to-equity 3.07 0.52 24 %
Current ratio 1.22 1.51 42 %
Revenue growth – 3.8% not compared

The median and “ahead of” refer to small companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 47, PHRONTESEAS AS does better than 45% of small companies in the same sector (312 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • PHRONTESEAS AS
  • Median: small companies in the same sector
Analysis · 2023

What the numbers say

PHRONTESEAS AS had an operating margin of −2.0% and an equity ratio of 24.6% in 2023, and ranks 305 of 565 in Olje og gass.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

One method gives a figure: 5 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −0.1 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −1.3 MNOK 8.0 not meaningful
P/B Equity: 4.5 MNOK 1.0 5 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 · 2023

Worth a closer look

  • watch

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin −0.1% (median 10.0%).

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

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 1.5%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability56 weight 30%
Solidity32 weight 25%
Liquidity42 weight 15%
Growth– no data, left out
Consistency59 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2023

Questions and answers

How profitable is PHRONTESEAS AS?

The operating margin was −2.0% in 2023, against a median of 5.1% among small companies in the same sector. Return on assets was 19.9%. The company made a loss before tax.

How solid is PHRONTESEAS AS?

The equity ratio was 24.6% in 2023 (median 48.9%). Debt-to-equity was 3.07 (median 0.52).

What is the liquidity of PHRONTESEAS AS like?

The current ratio was 1.22 in 2023 (median 1.51).

How does PHRONTESEAS AS compare in Olje og gass?

PHRONTESEAS AS ranks 305 of 565 in Olje og gass for 2023. Among companies of the same size (small companies) it ranks 173 of 312.

From the Central Coordinating Register

Org. no.
826394862
Legal form
AS
Sector
Olje og gass (09.109)
Size tier
small
Employees
0–4 (not registered)
Founded
3 December 2020 5 years in operation
Share capital
0.15 MNOK
Business address
Breibakken 1, 4012 STAVANGER
Municipality
Stavanger rank 4 of 11 in KOSTRA group 12
Latest accounts filed
2025
Website
www.phronteseas.com

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
Asbjørn Skjelbred Olsen
Chair of the board
Asbjørn Skjelbred Olsen
Board member
Rebekka Kreiling
Auditor
IDSØ & RAVNÅS REVISJON AS
Accountant
BRAINIACS 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.

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index474744
Rank305313351
Operating margin−2.0%0.9%−1.5%
Return on assets19.9%23.4%3.4%
Equity ratio24.6%32.9%38.8%
Current ratio1.221.351.44
Revenue growth–−16.4%−25.1%

Accounts

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

Key figure202320242025
Operating revenue65.5 MNOK54.7 MNOK41.0 MNOK
Operating profit−1.3 MNOK0.5 MNOK−0.6 MNOK
Profit before tax0.0 MNOK1.4 MNOK−1.3 MNOK
Net profit−0.1 MNOK0.9 MNOK−1.2 MNOK
Financial expenses3.7 MNOK2.5 MNOK1.7 MNOK
Total assets18.5 MNOK16.5 MNOK11.0 MNOK
Current assets16.8 MNOK14.9 MNOK9.7 MNOK
Equity4.5 MNOK5.4 MNOK4.3 MNOK
Retained earnings4.2 MNOK5.1 MNOK4.0 MNOK
Total liabilities13.9 MNOK11.1 MNOK6.7 MNOK
Current liabilities13.8 MNOK11.1 MNOK6.7 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 4719751.