HYSTAD SHIPPING AS
Score · fiscal year 2023
62of 100
How to read this: the company is ahead of 74 % of small companies in the same sector in 2023. What does this mean?
Rank: 337 of 1,337 · Sjøfart
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 88 and solidity 51 out of 100 among small companies in the same sector in 2023. Methodology
Against the sector
HYSTAD SHIPPING AS is 13 points above 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 61.9% (median 9.1%) and equity ratio 60.6% (median 51.1%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 1 MNOK | 4 MNOK |
| Operating margin | 61.9% | 9.1% |
| Profit margin | 308.7% | 7.7% |
| Return on assets | 27.4% | 3.3% |
| Equity ratio | 60.6% | 51.1% |
| Debt-to-equity | 0.65 | 0.56 |
| Current ratio | 0.02 | 1.75 |
| Revenue growth | – | 24.8% |
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 62, HYSTAD SHIPPING AS does better than 74% of small companies in the same sector (997 companies) in 2023.
Score 2023–2025
- HYSTAD SHIPPING AS
- Median: small companies in the same sector
What the numbers say
HYSTAD SHIPPING AS had an operating margin of 61.9% and an equity ratio of 60.6% in 2023, and ranks 337 of 1,337 in Sjøfart.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 4 MNOK and 27 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 27 MNOK |
| EV/EBIT | 8.0 | 4 MNOK |
| P/B | 1.0 | 7 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
- critical
Consider strengthening liquidity: current liabilities are 58.2 times current assets.
Based on: Current ratio 0.02 (median 1.75).
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 | 88 | weight 30% |
|---|---|---|
| Solidity | 51 | weight 25% |
| Liquidity | 6 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 81 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is HYSTAD SHIPPING AS?
The operating margin was 61.9% in 2023, against a median of 9.1% among small companies in the same sector. Return on assets was 27.4%.
How solid is HYSTAD SHIPPING AS?
The equity ratio was 60.6% in 2023 (median 51.1%). Debt-to-equity was 0.65 (median 0.56).
What is the liquidity of HYSTAD SHIPPING AS like?
The current ratio was 0.02 in 2023 (median 1.75). Current assets did not cover current liabilities.
How does HYSTAD SHIPPING AS compare in Sjøfart?
HYSTAD SHIPPING AS ranks 337 of 1,337 in Sjøfart for 2023. Among companies of the same size (small companies) it ranks 255 of 997.
From the Central Coordinating Register
- Org. no.
- 887667292
- Legal form
- AS
- Sector
- Sjøfart (50.201)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 22 December 2004 21 years in operation
- Share capital
- 0.10 MNOK
- Business address
- Fløyen terrasse 33, 4407 FLEKKEFJORD
- Municipality
- Flekkefjord rank 15–27 of 39 in KOSTRA group 4
- Audit
- Audit opted out from 23 November 2011
- 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
- Chair of the board
- Bjarte Hystad
- Board member
- Bjørn Ødegård
- Board member
- Leif Arne Hystad
- Accountant
- GL SKIPSREGNSKAP 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 | 62 | 62 | 72 | |
| Rank | 337 | 348 | 147 | |
| Operating margin | 61.9% | 77.0% | 50.3% | |
| Return on assets | 27.4% | 22.6% | 25.1% | |
| Equity ratio | 60.6% | 60.5% | 94.0% | |
| Current ratio | 0.02 | 0.04 | 7.58 | |
| Revenue growth | – | 24.0% | −28.7% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.9 MNOK | 1.1 MNOK | 0.8 MNOK |
| Operating profit | 0.6 MNOK | 0.9 MNOK | 0.4 MNOK |
| Profit before tax | 2.8 MNOK | 3.1 MNOK | 2.9 MNOK |
| Net profit | 2.7 MNOK | 2.9 MNOK | 2.8 MNOK |
| Financial expenses | 0.2 MNOK | 0.5 MNOK | 0.2 MNOK |
| Total assets | 11.0 MNOK | 15.8 MNOK | 12.7 MNOK |
| Current assets | 0.1 MNOK | 0.2 MNOK | 5.7 MNOK |
| Equity | 6.7 MNOK | 9.6 MNOK | 11.9 MNOK |
| Retained earnings | 6.6 MNOK | 9.5 MNOK | 11.8 MNOK |
| Total liabilities | 4.3 MNOK | 6.2 MNOK | 0.8 MNOK |
| Current liabilities | 4.2 MNOK | 6.2 MNOK | 0.8 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5162723.
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