HOLBERG SHIPPING AS
Score · fiscal year 2025
59of 100
How to read this: the company is ahead of 70 % of small companies in the same sector in 2025. What does this mean?
Rank: 621 of 2,035 · Sjøfart
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 73 and solidity 28 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
HOLBERG SHIPPING AS is 9 points above the median for small companies in the same sector in 2025.
Median score 50 among 1,468 companies.
Against small companies in the same sector in 2025: operating margin 18.7% (median 8.4%) and equity ratio 28.5% (median 51.2%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 39 MNOK | 5 MNOK |
| Operating margin | 18.7% | 8.4% |
| Profit margin | 15.9% | 9.2% |
| Return on assets | 19.4% | 3.4% |
| Equity ratio | 28.5% | 51.2% |
| Debt-to-equity | 2.51 | 0.67 |
| Current ratio | 2.15 | 1.77 |
| Revenue growth | 137.1% | 1.2% |
| Revenue per employee | 2.30 MNOK | 1.35 MNOK |
The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 59, HOLBERG SHIPPING AS does better than 70% of small companies in the same sector (1,475 companies) in 2025.
Score 2023–2025
- HOLBERG SHIPPING AS
- Median: small companies in the same sector
HOLBERG SHIPPING AS has a score of 59 for 2025, rank 621 of 2,035 in the sector.
Strongest: Growth: percentile 93 against peers, revenue growth 137.1% against a median of 1.2%. Profitability: percentile 73 against peers, operating margin 18.7% against a median of 8.4%.
Weakest: Solidity: percentile 28 against peers, equity ratio 28.5% against a median of 51.2%.
Worth a closer look
- What lies behind weak solidity, 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
HOLBERG SHIPPING AS had an operating margin of 18.7% and an equity ratio of 28.5% in 2025, and ranks 621 of 2,035 in Sjøfart.
From 2024 to 2025: revenue grew by 137% and went from a loss to a profit before tax.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 11 MNOK and 48 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 48 MNOK |
| EV/EBIT | 8.0 | 45 MNOK |
| P/B | 1.0 | 11 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
No rules were triggered for this year.
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 | 73 | weight 30% |
|---|---|---|
| Solidity | 28 | weight 25% |
| Liquidity | 55 | weight 15% |
| Growth | 93 | weight 15% |
| Consistency | 51 | weight 15% |
Durability: 55 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is HOLBERG SHIPPING AS?
The operating margin was 18.7% in 2025, against a median of 8.4% among small companies in the same sector. Return on assets was 19.4%.
How solid is HOLBERG SHIPPING AS?
The equity ratio was 28.5% in 2025 (median 51.2%). Debt-to-equity was 2.51 (median 0.67).
What is the liquidity of HOLBERG SHIPPING AS like?
The current ratio was 2.15 in 2025 (median 1.77).
How does HOLBERG SHIPPING AS compare in Sjøfart?
HOLBERG SHIPPING AS ranks 621 of 2,035 in Sjøfart for 2025. Among companies of the same size (small companies) it ranks 446 of 1,475. Revenue changed by 137.1% from the year before.
Public contracts
- Contracts awarded since 2024
- 1
- Total awarded value since 2024
- 20.0 MNOK
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 19 October 2026 | Havforskningsinstituttet | Leie av fartøy til prøvetaking fra fiskemottak | 20.0 MNOK |
Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.
Source: Doffin (DFØ), fetched 27 October 2026. Winners are matched on organisation number.
Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0
From the Central Coordinating Register
- Org. no.
- 914120136
- Legal form
- AS
- Sector
- Sjøfart (50.202)
- Size tier
- small
- Employees
- 17 registered 10 October 2026
- Founded
- 30 August 2014 12 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Vestsideveien 2684, 6570 SMØLA
- Municipality
- Smøla rank 3–23 of 28 in KOSTRA group 6
- Latest accounts filed
- 2025
- Website
- www.holbergshipping.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
- Chief executive
- Sindre Holberg
- Chair of the board
- Sindre Holberg
- Board member
- Odd Marvin Holberg
- Deputy member
- Jorunn Elisabet Johansen Holberg
- Auditor
- STORMO REVISJON AS
- Accountant
- EB REGNSKAP 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 | 59 | 48 | 59 | |
| Rank | 546 | 1,042 | 621 | |
| Operating margin | 28.2% | 9.4% | 18.7% | |
| Return on assets | 17.1% | 6.5% | 19.4% | |
| Equity ratio | 38.7% | 26.6% | 28.5% | |
| Current ratio | 2.11 | 2.08 | 2.15 | |
| Revenue growth | – | 20.2% | 137.1% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 13.7 MNOK | 16.5 MNOK | 39.1 MNOK |
| Operating profit | 3.9 MNOK | 1.5 MNOK | 7.3 MNOK |
| Profit before tax | 1.1 MNOK | −2.3 MNOK | 6.2 MNOK |
| Net profit | 0.4 MNOK | −2.4 MNOK | 4.8 MNOK |
| Financial expenses | 2.7 MNOK | 3.8 MNOK | 1.3 MNOK |
| Total assets | 22.6 MNOK | 23.7 MNOK | 39.0 MNOK |
| Current assets | 6.1 MNOK | 6.9 MNOK | 11.8 MNOK |
| Equity | 8.7 MNOK | 6.3 MNOK | 11.1 MNOK |
| Retained earnings | 8.7 MNOK | 6.3 MNOK | 11.1 MNOK |
| Total liabilities | 13.8 MNOK | 17.4 MNOK | 27.9 MNOK |
| Current liabilities | 2.9 MNOK | 3.3 MNOK | 5.5 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7081964.
Further
Similar companies
- SEA ENERGY AS index 59, rank 618 · compare
- STEINSUNDHOLMEN AS index 59, rank 619 · compare
- BOA SHIPPING AS index 59, rank 620 · compare
- FIDUCIA AS index 59, rank 622 · compare
- BYFJORDEN CHARTER AS index 59, rank 623 · compare