STERLING PROCESSING AS
Score · fiscal year 2025
34of 100
How to read this: the company is ahead of 18 % of companies in the Morning class Small in the same sector in 2025. What does this mean?
Rank in the Morning class Small: 342 of 419 · What are Morning company classes?
Place in the whole sector: 1,827 of 2,232 · Sjømat
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 7 and solidity 47 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology
Against the sector
STERLING PROCESSING AS is 15 points below the median for companies in the Morning class Small in the same sector in 2025.
Median score 49 among 419 companies.
Against companies in the Morning class Small in the same sector in 2025: operating margin −31.5% (median 11.7%) and equity ratio 30.8% (median 31.2%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 13 MNOK | 21 MNOK |
| Operating margin | −31.5% | 11.7% |
| Profit margin | −43.6% | 5.6% |
| Return on assets | −11.9% | 6.8% |
| Equity ratio | 30.8% | 31.2% |
| Debt-to-equity | 2.25 | 1.85 |
| Current ratio | 0.71 | 1.61 |
| Revenue growth | 43.5% | 13.1% |
| Revenue per employee | 1.08 MNOK | 2.17 MNOK |
The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 34, STERLING PROCESSING AS does better than 18% of companies in the Morning class Small in the same sector (419 companies) in 2025.
Score 2023–2025
- STERLING PROCESSING AS
- Median: companies in the Morning class Small in the same sector
STERLING PROCESSING AS has a score of 34 for 2025, rank 1,827 of 2,232 in the sector.
Strongest: Growth: percentile 80 against peers, revenue growth 43.5% against a median of 13.1%.
Weakest: Profitability: percentile 7 against peers, operating margin −31.5% against a median of 11.7%. Liquidity: percentile 15 against peers, current ratio 0.71 against a median of 1.61.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 1.4 times current assets. Based on: current ratio 0.71 (median 1.61).
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −43.6% (median 5.6%).
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin −31.5% (median 11.7%).
- What lies behind weak profitability, 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
STERLING PROCESSING AS had an operating margin of −31.5% and an equity ratio of 30.8% in 2025, and ranks 1,827 of 2,232 in Sjømat.
From 2024 to 2025: the operating margin rose from −53.6% to −31.5% and revenue grew by 44%.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 11 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 11 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
- watch
Consider strengthening liquidity: current liabilities are 1.4 times current assets.
Based on: Current ratio 0.71 (median 1.61).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −43.6% (median 5.6%).
- watch
The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin −31.5% (median 11.7%).
- watch
Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?
Based on: Revenue growth 43.5% (median 13.1%); Current ratio 0.71 (median 1.61).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 6.6% 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 | 7 | weight 30% |
|---|---|---|
| Solidity | 47 | weight 25% |
| Liquidity | 15 | weight 15% |
| Growth | 80 | weight 15% |
| Consistency | 38 | weight 15% |
Durability: 26 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is STERLING PROCESSING AS?
The operating margin was −31.5% in 2025, against a median of 11.7% among companies in the Morning class Small in the same sector. Return on assets was −11.9%. The company made a loss before tax.
How solid is STERLING PROCESSING AS?
The equity ratio was 30.8% in 2025 (median 31.2%). Debt-to-equity was 2.25 (median 1.85).
What is the liquidity of STERLING PROCESSING AS like?
The current ratio was 0.71 in 2025 (median 1.61). Current assets did not cover current liabilities.
How does STERLING PROCESSING AS compare in Sjømat?
STERLING PROCESSING AS ranks 1,827 of 2,232 in Sjømat for 2025. Among companies in the Morning class Small it is number 342 of 419. Revenue changed by 43.5% from the year before.
Group accounts
The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.
Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 827476692
- Legal form
- AS · part of a group
- Sector
- Sjømat (10.202)
- Morning company class
- Small
- Employees
- 12 registered 10 July 2026
- Founded
- 28 June 2021 5 years in operation
- Share capital
- 3.00 MNOK
- Business address
- Mekjarvik 20, 4072 RANDABERG
- Municipality
- Randaberg rank 11 of 38 in KOSTRA group 7
- 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
- Per Magne Gabrielsen
- Chair of the board
- Kjell Stenersen
- Board member
- Max Einar Ludvigsen
- Board member
- Trond Sandvik
- Auditor
- PRICEWATERHOUSECOOPERS AS
- Accountant
- VIEW GROUP 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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 19 | 24 | 34 | |
| Rank | 1,895 | 1,809 | 1,827 | |
| Operating margin | −39.6% | −53.6% | −31.5% | |
| Return on assets | −11.6% | −14.9% | −11.9% | |
| Equity ratio | 25.5% | 26.3% | 30.8% | |
| Current ratio | 0.66 | 0.47 | 0.71 | |
| Revenue growth | – | −16.9% | 43.5% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 10.9 MNOK | 9.0 MNOK | 13.0 MNOK |
| Operating profit | −4.3 MNOK | −4.8 MNOK | −4.1 MNOK |
| Profit before tax | −5.5 MNOK | −6.3 MNOK | −5.6 MNOK |
| Net profit | −4.3 MNOK | −4.9 MNOK | −4.4 MNOK |
| Financial expenses | 1.2 MNOK | 1.5 MNOK | 1.6 MNOK |
| Total assets | 36.9 MNOK | 32.3 MNOK | 34.4 MNOK |
| Current assets | 8.2 MNOK | 5.2 MNOK | 8.8 MNOK |
| Equity | 9.4 MNOK | 8.5 MNOK | 10.6 MNOK |
| Retained earnings | −8.4 MNOK | – | – |
| Total liabilities | 27.5 MNOK | 23.9 MNOK | 23.8 MNOK |
| Current liabilities | 12.4 MNOK | 11.1 MNOK | 12.4 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7093131.
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