FJORD BULK AS
Score · fiscal year 2023
44of 100
How to read this: the company is ahead of 42 % of small companies in the same sector in 2023. What does this mean?
Rank: 778 of 1,337 · Sjøfart
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 54 and solidity 34 out of 100 among small companies in the same sector in 2023. Methodology
Against the sector
FJORD BULK AS is 5 points below the median for small companies in the same sector in 2023.
Median score 49 among 996 companies.
Against small companies in the same sector in 2023: operating margin 5.2% (median 9.1%) and equity ratio 34.3% (median 51.1%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 20 MNOK | 4 MNOK |
| Operating margin | 5.2% | 9.1% |
| Profit margin | 2.6% | 7.7% |
| Return on assets | 8.1% | 3.3% |
| Equity ratio | 34.3% | 51.1% |
| Debt-to-equity | 1.91 | 0.56 |
| Current ratio | 1.86 | 1.75 |
| Revenue growth | – | 24.8% |
| Revenue per employee | 1.85 MNOK | 1.10 MNOK |
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 44, FJORD BULK AS does better than 42% of small companies in the same sector (997 companies) in 2023.
Score 2023–2025
- FJORD BULK AS
- Median: small companies in the same sector
What the numbers say
FJORD BULK AS had an operating margin of 5.2% and an equity ratio of 34.3% in 2023, and ranks 778 of 1,337 in Sjøfart.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 3 MNOK and 4 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 4 MNOK |
| EV/EBIT | 8.0 | 3 MNOK |
| P/B | 1.0 | 4 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.
Data quality
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
We have no accounts for 2026, the sector's weakest year, for this company.
The sector's weakest year was 2026, with a median operating margin of 6.1%. Based on the 7 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 54 | weight 30% |
|---|---|---|
| Solidity | 34 | weight 25% |
| Liquidity | 51 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 37 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is FJORD BULK AS?
The operating margin was 5.2% in 2023, against a median of 9.1% among small companies in the same sector. Return on assets was 8.1%.
How solid is FJORD BULK AS?
The equity ratio was 34.3% in 2023 (median 51.1%). Debt-to-equity was 1.91 (median 0.56).
What is the liquidity of FJORD BULK AS like?
The current ratio was 1.86 in 2023 (median 1.75).
How does FJORD BULK AS compare in Sjøfart?
FJORD BULK AS ranks 778 of 1,337 in Sjøfart for 2023. Among companies of the same size (small companies) it ranks 582 of 997.
From the Central Coordinating Register
- Org. no.
- 828632272
- Legal form
- AS
- Sector
- Sjøfart (50.202)
- Size tier
- small
- Employees
- 11 registered 10 October 2026
- Founded
- 9 November 2021 4 years in operation
- Share capital
- 8.00 MNOK
- Business address
- Kårvågveien 94, 6532 AVERØY
- Municipality
- Averøy rank 9–25 of 40 in KOSTRA group 1
- 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 Henden
- Chair of the board
- Joar Dimmen Brekke
- Board member
- Ole Arild Haugum
- Board member
- Ove Magne Stormyr
- Board member
- Odd Inge Gjetøy
- Board member
- Helmer Hansen
- Auditor
- STORMO REVISJON AS
- Accountant
- AKTUELT REGNSKAP 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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 44 | 22 | 26 | |
| Rank | 778 | 1,309 | 1,383 | |
| Operating margin | 5.2% | −10.1% | −14.8% | |
| Return on assets | 8.1% | −9.5% | −14.7% | |
| Equity ratio | 34.3% | 13.8% | 20.9% | |
| Current ratio | 1.86 | 0.39 | 0.41 | |
| Revenue growth | – | −19.8% | −1.6% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 20.3 MNOK | 16.3 MNOK | 16.0 MNOK |
| Operating profit | 1.0 MNOK | −1.6 MNOK | −2.4 MNOK |
| Profit before tax | 0.5 MNOK | −2.6 MNOK | −3.3 MNOK |
| Net profit | 0.4 MNOK | −2.0 MNOK | −2.5 MNOK |
| Financial expenses | 0.5 MNOK | 1.0 MNOK | 0.9 MNOK |
| Total assets | 12.9 MNOK | 17.3 MNOK | 16.1 MNOK |
| Current assets | 3.2 MNOK | 1.9 MNOK | 1.5 MNOK |
| Equity | 4.4 MNOK | 2.4 MNOK | 3.4 MNOK |
| Retained earnings | −0.1 MNOK | −2.1 MNOK | −4.6 MNOK |
| Total liabilities | 8.5 MNOK | 15.0 MNOK | 12.7 MNOK |
| Current liabilities | 1.7 MNOK | 5.0 MNOK | 3.7 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 4579645.
Further
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