Skien Dalen Skipsselskap AS
Score · fiscal year 2025
41of 100
How to read this: the company is ahead of 29 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?
Rank in the Morning class Micro: 181 of 254 · What are Morning company classes?
Place in the whole sector: 703 of 1,003 · Sjøfart
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 27 and solidity 64 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology
Against the sector
Skien Dalen Skipsselskap AS is 8 points below the median for companies in the Morning class Micro in the same sector in 2025.
Median score 49 among 254 companies.
Against companies in the Morning class Micro in the same sector in 2025: operating margin −0.6% (median 7.0%) and equity ratio 66.3% (median 43.0%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 7 MNOK | 3 MNOK |
| Operating margin | −0.6% | 7.0% |
| Profit margin | −0.6% | 7.6% |
| Return on assets | −1.3% | 7.1% |
| Equity ratio | 66.3% | 43.0% |
| Debt-to-equity | 0.51 | 0.80 |
| Current ratio | 1.72 | 1.86 |
| Revenue growth | −7.6% | 4.8% |
| Revenue per employee | 0.56 MNOK | 0.57 MNOK |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 41, Skien Dalen Skipsselskap AS does better than 29% of companies in the Morning class Micro in the same sector (254 companies) in 2025.
Score 2023–2025
- Skien Dalen Skipsselskap AS
- Median: companies in the Morning class Micro in the same sector
Skien Dalen Skipsselskap AS has a score of 41 for 2025, rank 703 of 1,003 in the sector.
Strongest: Solidity: percentile 64 against peers, equity ratio 66.3% against a median of 43.0%.
Weakest: Growth: percentile 26 against peers, revenue growth −7.6% against a median of 4.8%. Profitability: percentile 27 against peers, operating margin −0.6% against a median of 7.0%.
Worth a closer look
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −0.6% (median 7.6%).
- What lies behind weak growth, and will it last?
- 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
Skien Dalen Skipsselskap AS had an operating margin of −0.6% and an equity ratio of 66.3% in 2025, and ranks 703 of 1,003 in Sjøfart.
No large changes in the key figures from 2024 to 2025.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 1 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 8.5 | not meaningful |
| EV/EBIT | 10.3 | not meaningful |
| P/B | 1.0 | 1 MNOK |
The listed basis is the value at listed multiples. The estimate is lowered by 51% for an unlisted company: 20% for lack of marketability and 38% for size (a small-company premium of 4% on the cost of equity).
A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. See the calculation
Worth a closer look
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −0.6% (median 7.6%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.2% 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 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 | 27 | weight 30% |
|---|---|---|
| Solidity | 64 | weight 25% |
| Liquidity | 48 | weight 15% |
| Growth | 26 | weight 15% |
| Consistency | 40 | weight 15% |
Durability: 41 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Skien Dalen Skipsselskap AS?
The operating margin was −0.6% in 2025, against a median of 7.0% among companies in the Morning class Micro in the same sector. Return on assets was −1.3%. The company made a loss before tax.
How solid is Skien Dalen Skipsselskap AS?
The equity ratio was 66.3% in 2025 (median 43.0%). Debt-to-equity was 0.51 (median 0.80).
What is the liquidity of Skien Dalen Skipsselskap AS like?
The current ratio was 1.72 in 2025 (median 1.86).
How does Skien Dalen Skipsselskap AS compare in Sjøfart?
Skien Dalen Skipsselskap AS ranks 703 of 1,003 in Sjøfart for 2025. Among companies in the Morning class Micro it is number 181 of 254. Revenue changed by −7.6% from the year before.
From the Central Coordinating Register
- Org. no.
- 865064152
- Legal form
- AS
- Sector
- Sjøfart (50.300)
- Morning company class
- Micro
- Employees
- 13 registered 10 September 2026
- Founded
- 1 October 1992 34 years in operation
- Share capital
- 3.70 MNOK
- Business address
- Fylkesbakken 10, 3715 SKIEN
- Municipality
- Skien rank 9 of 10 in KOSTRA group 11
- Latest accounts filed
- 2025
- Website
- www.kanalbaatene.no
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
Loading roles …
Source: Central Coordinating Register, fetched 1 November 2026. Only names are shown.
Shareholders (2025)
- Number of shareholders
- 107
- Largest owner
- 26.9% · top three 51.7%
- Split
- companies 97% · private persons 3% · foreign 0%
- Owners over 60
- 98% of the shares held by persons (median age 85)
- TELEMARK FYLKESKOMMUNE · 26.9%
- Telemark Bilruter AS · 12.9%
- TOKKE KOMMUNE · 12.0%
- Skien Næringsfond AS · 11.3%
- SKIEN KOMMUNE · 10.0%
- NOME KOMMUNE · 8.2%
- KVITESEID KOMMUNE · 8.2%
- Straand Hotel AS · 1.9%
- VINJE KOMMUNE · 1.1%
- DALEN NÆRINGSAMSKIPNAD · 0.7%
- 59 private persons · 3.0%
Change 2007–2025:
47% of the shares changed owner (23 new and 26 departed owners).
New owners (companies): DALEN NÆRINGSAMSKIPNAD, H. Gonsholt AS, KVITESEID NÆRINGSLAG, MIDT-TELEMARK KOMMUNE, Mobile Skien AS
Departed (companies): AS MOBILE, AS VARDEN, Berg-Hanssen Gruppen AS, BØ KOMMUNE UNDER SLETTING FRA 01.01.2020, Camp Vierli AS
Holds shares in: Telemarkskanalen Booking AS (50%), Visit Telemark AS (1%)
The owners' shares do not add up to the company's total number of shares in the source.
Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.
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 30 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 41 | 40 | 41 | |
| Rank | 562 | 650 | 703 | |
| Operating margin | 0.0% | −2.5% | −0.6% | |
| Return on assets | 0.1% | −5.9% | −1.3% | |
| Equity ratio | 72.3% | 68.2% | 66.3% | |
| Current ratio | 2.09 | 1.80 | 1.72 | |
| Revenue growth | – | 4.7% | −7.6% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 7.6 MNOK | 7.9 MNOK | 7.3 MNOK |
| Operating profit | 0.0 MNOK | −0.2 MNOK | 0.0 MNOK |
| Profit before tax | 0.0 MNOK | −0.2 MNOK | 0.0 MNOK |
| Tax expense | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Net profit | 0.0 MNOK | −0.2 MNOK | 0.0 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 3.3 MNOK | 3.3 MNOK | 3.3 MNOK |
| Current assets | 1.9 MNOK | 1.9 MNOK | 1.9 MNOK |
| Equity | 2.4 MNOK | 2.2 MNOK | 2.2 MNOK |
| Retained earnings | −1.3 MNOK | −1.5 MNOK | −1.5 MNOK |
| Total liabilities | 0.9 MNOK | 1.0 MNOK | 1.1 MNOK |
| Current liabilities | 0.9 MNOK | 1.0 MNOK | 1.1 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 6925070.
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