Algea AS

Org. no. 910116940 · Kristiansund · Founded 1937 · 53 employees

Score · fiscal year 2025

79of 100

How to read this: the company is ahead of 97 % of companies in the Morning class Medium in the same sector in 2025. What does this mean?

Rank in the Morning class Medium: 39 of 1,127 · What are Morning company classes?
Place in the whole sector: 113 of 2,930 · Industri

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 73 and solidity 98 out of 100 among companies in the Morning class Medium in the same sector in 2025. Methodology

Against the sector

Algea AS is 28 points above the median for companies in the Morning class Medium in the same sector in 2025.

Median score 51 among 1,127 companies.

Against companies in the Morning class Medium in the same sector in 2025: operating margin 14.5% (median 4.7%) and equity ratio 82.9% (median 39.3%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 30 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue293 MNOK129 MNOK
Operating margin 14.5% 4.7% 88 %
Profit margin 14.9% 4.6% shown, not part of the index
Return on assets 12.2% 10.0% 58 %
Equity ratio 82.9% 39.3% 98 %
Debt-to-equity 0.21 1.50 98 %
Current ratio 3.94 1.53 96 %
Revenue growth 6.3% 6.3% 50 %
Revenue per employee5.54 MNOK2.68 MNOK

The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 79, Algea AS does better than 97% of companies in the Morning class Medium in the same sector (1,127 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Algea AS
  • Median: companies in the Morning class Medium in the same sector
Summary analysis

Algea AS has a score of 79 for 2025, rank 113 of 2,930 in the sector.

Strongest: Solidity: percentile 98 against peers, equity ratio 82.9% against a median of 39.3%. Liquidity: percentile 96 against peers, current ratio 3.94 against a median of 1.53.

No area is clearly below its peers.

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

Algea AS had an operating margin of 14.5% and an equity ratio of 82.9% in 2025, and ranks 113 of 2,930 in Industri.

From 2024 to 2025: the operating margin fell from 20.2% to 14.5%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 313 MNOK and 342 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 34.2 MNOK 10.0 342 MNOK
EV/EBIT Operating profit: 42.5 MNOK
minus net debt −1.8 MNOK
8.0 342 MNOK
P/B Equity: 312.7 MNOK 1.0 313 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

Indications · 2025

Worth a closer look

  • positive

    Upper quartile on profitability, solidity and liquidity. What sets this company apart from the rest of the sector?

    Based on: Operating margin 14.5% (median 4.7%); Equity ratio 82.9% (median 39.3%); Current ratio 3.94 (median 1.53).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 3.4% 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.

Stress test · 2022

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 0.0%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability73 weight 30%
Solidity98 weight 25%
Liquidity96 weight 15%
Growth50 weight 15%
Consistency70 weight 15%

Durability: 85 (average over 3 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is Algea AS?

The operating margin was 14.5% in 2025, against a median of 4.7% among companies in the Morning class Medium in the same sector. Return on assets was 12.2%.

How solid is Algea AS?

The equity ratio was 82.9% in 2025 (median 39.3%). Debt-to-equity was 0.21 (median 1.50).

What is the liquidity of Algea AS like?

The current ratio was 3.94 in 2025 (median 1.53).

How does Algea AS compare in Industri?

Algea AS ranks 113 of 2,930 in Industri for 2025. Among companies in the Morning class Medium it is number 39 of 1,127. Revenue changed by 6.3% from the year before.

From the Central Coordinating Register

Org. no.
910116940
Legal form
AS
Sector
Industri (10.911)
Morning company class
Medium
Employees
53 registered 10 September 2026
Founded
28 June 1937 89 years in operation
Share capital
1.00 MNOK
Business address
Omagata 78, 6517 KRISTIANSUND N
Municipality
Kristiansund rank 17–26 of 27 in KOSTRA group 9
Latest accounts filed
2025
Website
www.algea.com
LEI
549300W0TVGMXCFYBO24 not renewed (lapsed)

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 31 October 2026. Only names are shown.

Parent company
No known owner

Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 30 October 2026. The parent is the one the company itself reported to GLEIF.

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.

Report an issue

Figures last fetched 30 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index898679
Rank6735113
Operating margin15.9%20.2%14.5%
Return on assets14.7%18.8%12.2%
Equity ratio78.5%81.0%82.9%
Current ratio2.883.643.94
Revenue growth–17.2%6.3%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure202320242025
Operating revenue235.5 MNOK276.0 MNOK293.5 MNOK
Operating profit37.5 MNOK55.8 MNOK42.5 MNOK
Profit before tax40.8 MNOK62.2 MNOK43.8 MNOK
Net profit31.8 MNOK47.9 MNOK34.2 MNOK
Financial expenses2.3 MNOK2.4 MNOK2.2 MNOK
Total assets293.5 MNOK343.7 MNOK377.1 MNOK
Current assets162.0 MNOK214.4 MNOK230.9 MNOK
Equity230.3 MNOK278.2 MNOK312.7 MNOK
Retained earnings225.3 MNOK273.3 MNOK307.7 MNOK
Total liabilities63.2 MNOK65.5 MNOK64.4 MNOK
Current liabilities56.3 MNOK58.8 MNOK58.7 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 7180115.