Jacob Bjørge AS
Score · fiscal year 2024
56of 100
How to read this: the company is ahead of 60 % of companies in the Morning class Medium in the same sector in 2024. What does this mean?
Rank in the Morning class Medium: 180 of 451 · What are Morning company classes?
Place in the whole sector: 775 of 1,994 · Sjømat
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 53 and solidity 68 out of 100 among companies in the Morning class Medium in the same sector in 2024. Methodology
Against the sector
Jacob Bjørge AS is 5 points above the median for companies in the Morning class Medium in the same sector in 2024.
Median score 51 among 451 companies.
Against companies in the Morning class Medium in the same sector in 2024: operating margin 8.7% (median 11.6%) and equity ratio 48.6% (median 34.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 228 MNOK | 110 MNOK |
| Operating margin | 8.7% | 11.6% |
| Profit margin | 7.4% | 7.3% |
| Return on assets | 12.6% | 8.6% |
| Equity ratio | 48.6% | 34.9% |
| Debt-to-equity | 1.06 | 1.78 |
| Current ratio | 1.76 | 1.73 |
| Revenue growth | −0.8% | 6.9% |
| Revenue per employee | 14.22 MNOK | 5.17 MNOK |
The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 56, Jacob Bjørge AS does better than 60% of companies in the Morning class Medium in the same sector (451 companies) in 2024.
Score 2023–2025
- Jacob Bjørge AS
- Median: companies in the Morning class Medium in the same sector
What the numbers say
Jacob Bjørge AS had an operating margin of 8.7% and an equity ratio of 48.6% in 2024, and ranks 775 of 1,994 in Sjømat.
No large changes in the key figures from 2023 to 2024.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 94 MNOK and 186 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 16.9 | 132 MNOK |
| EV/EBIT | 17.0 | 186 MNOK |
| P/B | 2.2 | 94 MNOK |
The listed basis is the value at listed multiples. The estimate is lowered by 46% for an unlisted company: 20% for lack of marketability and 32% for size (a small-company premium of 3% 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
No rules were triggered for this year.
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 4.2% of the debt in 2024. The policy rate averaged 4.50 % 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 | 53 | weight 30% |
|---|---|---|
| Solidity | 68 | weight 25% |
| Liquidity | 51 | weight 15% |
| Growth | 37 | weight 15% |
| Consistency | 63 | weight 15% |
Durability: 61 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Jacob Bjørge AS?
The operating margin was 8.7% in 2024, against a median of 11.6% among companies in the Morning class Medium in the same sector. Return on assets was 12.6%.
How solid is Jacob Bjørge AS?
The equity ratio was 48.6% in 2024 (median 34.9%). Debt-to-equity was 1.06 (median 1.78).
What is the liquidity of Jacob Bjørge AS like?
The current ratio was 1.76 in 2024 (median 1.73).
How does Jacob Bjørge AS compare in Sjømat?
Jacob Bjørge AS ranks 775 of 1,994 in Sjømat for 2024. Among companies in the Morning class Medium it is number 180 of 451. Revenue changed by −0.8% from the year before.
Group accounts · 2025
72 of 100
Rank 11 of 87 groups in the Morning class Medium in Sjømat. Groups are ranked only against other groups in the same sector and class, never against single companies.
- Operating revenue, group
- 204 MNOK
- Operating profit, group
- 20 MNOK
- Profit before tax, group
- 16 MNOK
- Total assets, group
- 128 MNOK
- Equity, group
- 91 MNOK
| Key figure | The group | The company alone (2024) |
|---|---|---|
| Operating margin | 9.7% | – |
| Return on assets | 15.8% | – |
| Equity ratio | 71.2% | – |
| Current ratio | 4.34 | – |
| Revenue growth | −26.3% | – |
Group index in earlier years: 2023: 61 (38 of 115), 2024: 56 (33 of 87).
Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.
Source: Brønnøysund Register Centre, group accounts 2025 (open data, NLOD 2.0).
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.
- 910633376
- Legal form
- AS · part of a group
- Sector
- Sjømat (10.201)
- Morning company class
- Medium
- Employees
- 16 registered 10 October 2026
- Founded
- 5 March 1979 47 years in operation
- Share capital
- 3.80 MNOK
- Business address
- Bjørge industriveg 7, 6057 ELLINGSØY (ÅLESUND)
- Municipality
- Ålesund rank 2–6 of 10 in KOSTRA group 11
- Latest accounts filed
- 2025
- LEI
- 549300LU6LNJBD51I190 renews 22 October 2027
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 29 October 2026. Only names are shown.
- Parent company
- No parent company: owned by persons
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 30 October 2026. The parent is the one the company itself reported to GLEIF.
Shareholders (2025)
- Number of shareholders
- 2
- Largest owner
- 50.0%
- Split
- companies 0% · private persons 100% · foreign 0%
- Owned from the same municipality
- 50%
Change 2007–2025: no material change in the owners.
Majority owner of: AS BJØRGE & CO (100%)
Holds shares in: AS BJØRGE & CO (100%)
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 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 66 | 56 | 64 | |
| Rank | 471 | 775 | 444 | |
| Operating margin | 9.8% | 8.7% | 7.5% | |
| Return on assets | 16.4% | 12.6% | 12.2% | |
| Equity ratio | 48.4% | 48.6% | 69.7% | |
| Current ratio | 1.83 | 1.76 | 3.75 | |
| Revenue growth | – | −0.8% | −16.5% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 229.3 MNOK | 227.5 MNOK | 189.9 MNOK |
| Operating profit | 22.5 MNOK | 19.9 MNOK | 14.2 MNOK |
| Profit before tax | 19.8 MNOK | 16.9 MNOK | 12.7 MNOK |
| Tax expense | 4.4 MNOK | 3.7 MNOK | 2.8 MNOK |
| Net profit | 15.4 MNOK | 13.2 MNOK | 9.9 MNOK |
| Financial expenses | 3.7 MNOK | 3.5 MNOK | 2.5 MNOK |
| Total assets | 143.8 MNOK | 162.1 MNOK | 124.4 MNOK |
| Current assets | 102.7 MNOK | 111.2 MNOK | 73.6 MNOK |
| Equity | 69.6 MNOK | 78.8 MNOK | 86.7 MNOK |
| Retained earnings | 65.8 MNOK | 75.0 MNOK | 82.9 MNOK |
| Total liabilities | 74.2 MNOK | 83.3 MNOK | 37.8 MNOK |
| Current liabilities | 56.1 MNOK | 63.1 MNOK | 19.6 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6310229.
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