SEALOADING HOLDING AS
Score · fiscal year 2024
41of 100
How to read this: the company is ahead of 33 % of small companies in the same sector in 2024. What does this mean?
Rank: 1,288 of 1,920 · Sjøfart
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 15 and solidity 60 out of 100 among small companies in the same sector in 2024. Methodology
Against the sector
SEALOADING HOLDING AS is 9 points below the median for small companies in the same sector in 2024.
Median score 50 among 1,397 companies.
Against small companies in the same sector in 2024: operating margin −179.1% (median 7.2%) and equity ratio 75.4% (median 51.6%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 17 MNOK | 5 MNOK |
| Operating margin | −179.1% | 7.2% |
| Profit margin | −247.3% | 7.6% |
| Return on assets | −3.5% | 3.9% |
| Equity ratio | 75.4% | 51.6% |
| Debt-to-equity | 0.33 | 0.50 |
| Current ratio | 43.16 | 1.75 |
| Revenue growth | −1.1% | 5.4% |
The median and “ahead of” refer to small companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 41, SEALOADING HOLDING AS does better than 33% of small companies in the same sector (1,398 companies) in 2024.
Score 2023–2025
- SEALOADING HOLDING AS
- Median: small companies in the same sector
What the numbers say
SEALOADING HOLDING AS had an operating margin of −179.1% and an equity ratio of 75.4% in 2024, and ranks 1,288 of 1,920 in Sjøfart.
From 2023 to 2024: the operating margin fell from −162.3% to −179.1% and the equity ratio fell from 99.2% to 75.4%.
This text is generated automatically from the 2024 accounts.
Three simple methods
One method gives a figure: 47 MUSD.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 47 MUSD |
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
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −247.3% (median 7.6%).
- watch
The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin −179.1% (median 7.2%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 10.7% 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.
Data quality
- watch Extreme margin: check the figures
- watch Reports in a currency other than NOK
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 | 15 | weight 30% |
|---|---|---|
| Solidity | 60 | weight 25% |
| Liquidity | 91 | weight 15% |
| Growth | 38 | weight 15% |
| Consistency | 14 | weight 15% |
Durability: 43 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is SEALOADING HOLDING AS?
The operating margin was −179.1% in 2024, against a median of 7.2% among small companies in the same sector. Return on assets was −3.5%. The company made a loss before tax.
How solid is SEALOADING HOLDING AS?
The equity ratio was 75.4% in 2024 (median 51.6%). Debt-to-equity was 0.33 (median 0.50).
What is the liquidity of SEALOADING HOLDING AS like?
The current ratio was 43.16 in 2024 (median 1.75).
How does SEALOADING HOLDING AS compare in Sjøfart?
SEALOADING HOLDING AS ranks 1,288 of 1,920 in Sjøfart for 2024. Among companies of the same size (small companies) it ranks 939 of 1,398. Revenue changed by −1.1% from the year before.
Group accounts · 2025
51 of 100
Rank 569 of 1174 groups with group accounts. Groups are ranked only against each other, not against single companies.
The group accounts are in USD. We show ratios, not amounts.
| Key figure | The group | The company alone (2024) |
|---|---|---|
| Operating margin | 24.0% | – |
| Return on assets | 8.9% | – |
| Equity ratio | 20.7% | – |
| Current ratio | 1.83 | – |
| Revenue growth | 27.3% | – |
Group index in earlier years: 2023: 14 (1418 of 1492), 2024: 33 (961 of 1197).
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).
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 913749340
- Legal form
- AS
- Sector
- Sjøfart (50.201)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 20 May 2014 12 years in operation
- Share capital
- 303.52 MNOK
- Business address
- Kirkegaten 2A, 4836 ARENDAL
- Municipality
- Arendal rank 5–10 of 10 in KOSTRA group 11
- Latest accounts filed
- 2025
- LEI
- 254900BPYRXLWAHU2560 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
- Chief executive
- Masatoshi Numano
- Chair of the board
- Yoshiro Kubo
- Board member
- Masatoshi Numano
- Auditor
- BDO AS
- Accountant
- AIDER AS
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
- Parent company
- No known owner
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 29 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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 45 | 41 | 38 | |
| Rank | 1,024 | 1,288 | 1,482 | |
| Operating margin | −162.3% | −179.1% | −187.0% | |
| Return on assets | −3.4% | −3.5% | −5.2% | |
| Equity ratio | 99.2% | 75.4% | 84.6% | |
| Current ratio | 7.46 | 43.16 | 0.99 | |
| Revenue growth | – | −1.1% | 2.8% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (USD). Revenue in NOK is converted from USD at the mean rate for the accounting period 1 January 2024–31 December 2024: 10.7433 (norges_bank). Balance-sheet amounts use the rate on the balance-sheet date. Ratios and growth are computed in USD. Exchange rates at Norges Bank
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 1.6 MUSD | 1.5 MUSD | 1.6 MUSD |
| Operating profit | −2.5 MUSD | −2.8 MUSD | −3.0 MUSD |
| Profit before tax | −2.1 MUSD | −3.8 MUSD | −3.0 MUSD |
| Net profit | −2.1 MUSD | −3.8 MUSD | −3.0 MUSD |
| Financial expenses | 0.4 MUSD | 1.6 MUSD | 0.3 MUSD |
| Total assets | 51.2 MUSD | 62.2 MUSD | 52.0 MUSD |
| Current assets | 3.2 MUSD | 14.3 MUSD | 4.0 MUSD |
| Equity | 50.7 MUSD | 46.9 MUSD | 44.0 MUSD |
| Retained earnings | −63.4 MUSD | −67.3 MUSD | −70.2 MUSD |
| Total liabilities | 0.4 MUSD | 15.3 MUSD | 8.0 MUSD |
| Current liabilities | 0.4 MUSD | 0.3 MUSD | 4.0 MUSD |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6311591.
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