Korten AS
Score · fiscal year 2024
82of 100
How to read this: the company is ahead of 97 % of companies in the Morning class Micro in the same sector in 2024. What does this mean?
Rank in the Morning class Micro: 33 of 1,033 · What are Morning company classes?
Place in the whole sector: 72 of 2,010 · Sjømat
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 97 and solidity 72 out of 100 among companies in the Morning class Micro in the same sector in 2024. Methodology
Against the sector
Korten AS is 31 points above the median for companies in the Morning class Micro in the same sector in 2024.
Median score 51 among 1,033 companies.
Against companies in the Morning class Micro in the same sector in 2024: operating margin 79.0% (median 7.5%) and equity ratio 62.3% (median 33.0%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 7 MNOK | 3 MNOK |
| Operating margin | 79.0% | 7.5% |
| Profit margin | 83.5% | 3.5% |
| Return on assets | 47.3% | 4.6% |
| Equity ratio | 62.3% | 33.0% |
| Debt-to-equity | 0.61 | 1.53 |
| Current ratio | 3.40 | 1.61 |
| Revenue growth | 218.7% | −3.8% |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 82, Korten AS does better than 97% of companies in the Morning class Micro in the same sector (1,033 companies) in 2024.
Score 2023–2025
- Korten AS
- Median: companies in the Morning class Micro in the same sector
What the numbers say
Korten AS had an operating margin of 79.0% and an equity ratio of 62.3% in 2024, and ranks 72 of 2,010 in Sjømat.
From 2023 to 2024: the operating margin rose from 34.4% to 79.0% and revenue grew by 219%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 8 MNOK and 49 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 46 MNOK |
| EV/EBIT | 8.0 | 49 MNOK |
| P/B | 1.0 | 8 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 0.1% 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
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 | 97 | weight 30% |
|---|---|---|
| Solidity | 72 | weight 25% |
| Liquidity | 72 | weight 15% |
| Growth | 94 | weight 15% |
| Consistency | 64 | weight 15% |
Durability: 81 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Korten AS?
The operating margin was 79.0% in 2024, against a median of 7.5% among companies in the Morning class Micro in the same sector. Return on assets was 47.3%.
How solid is Korten AS?
The equity ratio was 62.3% in 2024 (median 33.0%). Debt-to-equity was 0.61 (median 1.53).
What is the liquidity of Korten AS like?
The current ratio was 3.40 in 2024 (median 1.61).
How does Korten AS compare in Sjømat?
Korten AS ranks 72 of 2,010 in Sjømat for 2024. Among companies in the Morning class Micro it is number 33 of 1,033. Revenue changed by 218.7% from the year before.
Public contracts
- Contracts awarded since 2024
- 0
- Total awarded value since 2024
- value not stated
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 24 October 2022 | Havforskningsinstituttet | 22/00866 Kystreferanseflåte 12 Fartøyer 22-26 | 1.4 MNOK |
Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.
Source: Doffin (DFØ), fetched 27 October 2026. Winners are matched on organisation number.
Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0
From the Central Coordinating Register
- Org. no.
- 827089982
- Legal form
- AS
- Sector
- Sjømat (03.110)
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 27 April 2021 5 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Landegodeveien 29, 8098 LANDEGODE (BODØ)
- Municipality
- Bodø rank 4–9 of 10 in KOSTRA group 11
- Audit
- Audit opted out from 16 June 2026
- 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
- Rolf Rånes
- Chair of the board
- Rolf Rånes
- Accountant
- COLONNA REGNSKAP EDMUNDSEN
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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 80 | 82 | – | |
| Rank | 158 | 72 | – | |
| Operating margin | 34.4% | 79.0% | 19.5% | |
| Return on assets | 17.5% | 47.3% | 5.1% | |
| Equity ratio | 65.2% | 62.3% | 71.8% | |
| Current ratio | 5.70 | 3.40 | 5.39 | |
| Revenue growth | – | 218.7% | −86.5% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 2.2 MNOK | 7.1 MNOK | 1.0 MNOK |
| Operating profit | 0.8 MNOK | 5.6 MNOK | 0.2 MNOK |
| Profit before tax | 0.8 MNOK | 5.9 MNOK | 0.6 MNOK |
| Net profit | 0.6 MNOK | 4.6 MNOK | 0.2 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | – |
| Total assets | 4.9 MNOK | 12.5 MNOK | 11.1 MNOK |
| Current assets | 2.5 MNOK | 7.2 MNOK | 5.8 MNOK |
| Equity | 3.2 MNOK | 7.8 MNOK | 8.0 MNOK |
| Retained earnings | – | 7.7 MNOK | 7.9 MNOK |
| Total liabilities | 1.7 MNOK | 4.7 MNOK | 3.1 MNOK |
| Current liabilities | 0.4 MNOK | 2.1 MNOK | 1.1 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6218993.
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