Shell Fish AS
Score · fiscal year 2024
26of 100
How to read this: the company is ahead of 12 % of companies in the Morning class Micro in the same sector in 2024. What does this mean?
Rank in the Morning class Micro: 896 of 1,021 · What are Morning company classes?
Place in the whole sector: 1,762 of 1,994 · Sjømat
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 11 and solidity 36 out of 100 among companies in the Morning class Micro in the same sector in 2024. Methodology
Against the sector
Shell Fish AS is 24 points below the median for companies in the Morning class Micro in the same sector in 2024.
Median score 50 among 1,021 companies.
Against companies in the Morning class Micro in the same sector in 2024: operating margin −35.6% (median 7.7%) and equity ratio 22.4% (median 32.5%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 3 MNOK | 3 MNOK |
| Operating margin | −35.6% | 7.7% |
| Profit margin | −48.9% | 3.4% |
| Return on assets | −12.5% | 4.5% |
| Equity ratio | 22.4% | 32.5% |
| Debt-to-equity | 3.46 | 1.56 |
| Current ratio | 1.37 | 1.60 |
| Revenue growth | −15.8% | −4.2% |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 26, Shell Fish AS does better than 12% of companies in the Morning class Micro in the same sector (1,021 companies) in 2024.
Score 2023–2025
- Shell Fish AS
- Median: companies in the Morning class Micro in the same sector
What the numbers say
Shell Fish AS had an operating margin of −35.6% and an equity ratio of 22.4% in 2024, and ranks 1,762 of 1,994 in Sjømat.
From 2023 to 2024: the operating margin rose from −97.8% to −35.6% and the equity ratio fell from 32.5% to 22.4%.
This text is generated automatically from the 2024 accounts.
Three simple methods
One method gives a figure: 2 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 2 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
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −48.9% (median 3.4%).
- 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 −35.6% (median 7.7%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 6.1% 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 | 11 | weight 30% |
|---|---|---|
| Solidity | 36 | weight 25% |
| Liquidity | 45 | weight 15% |
| Growth | 34 | weight 15% |
| Consistency | 13 | weight 15% |
Durability: 26 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Shell Fish AS?
The operating margin was −35.6% in 2024, against a median of 7.7% among companies in the Morning class Micro in the same sector. Return on assets was −12.5%. The company made a loss before tax.
How solid is Shell Fish AS?
The equity ratio was 22.4% in 2024 (median 32.5%). Debt-to-equity was 3.46 (median 1.56).
What is the liquidity of Shell Fish AS like?
The current ratio was 1.37 in 2024 (median 1.60).
How does Shell Fish AS compare in Sjømat?
Shell Fish AS ranks 1,762 of 1,994 in Sjømat for 2024. Among companies in the Morning class Micro it is number 896 of 1,021. Revenue changed by −15.8% from the year before.
From the Central Coordinating Register
- Org. no.
- 914141680
- Legal form
- AS
- Sector
- Sjømat (03.110)
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 18 August 2014 12 years in operation
- Share capital
- 4.27 MNOK
- Business address
- 8770 TRÆNA
- Municipality
- Træna rank 7 of 8 in KOSTRA group 16
- Audit
- Audit opted out from 28 January 2025
- 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
Loading roles …
Source: Central Coordinating Register, fetched 29 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 | 25 | 26 | 43 | |
| Rank | 1,755 | 1,762 | 1,449 | |
| Operating margin | −97.8% | −35.6% | 17.0% | |
| Return on assets | −36.8% | −12.5% | 8.1% | |
| Equity ratio | 32.5% | 22.4% | 27.9% | |
| Current ratio | 1.68 | 1.37 | 1.43 | |
| Revenue growth | – | −15.8% | 22.5% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 4.1 MNOK | 3.5 MNOK | 4.2 MNOK |
| Operating profit | −4.0 MNOK | −1.2 MNOK | 0.7 MNOK |
| Profit before tax | −4.4 MNOK | −1.7 MNOK | 0.4 MNOK |
| Net profit | −3.4 MNOK | −1.3 MNOK | 0.3 MNOK |
| Financial expenses | 0.4 MNOK | 0.5 MNOK | 0.4 MNOK |
| Total assets | 10.8 MNOK | 9.8 MNOK | 8.9 MNOK |
| Current assets | 6.2 MNOK | 5.6 MNOK | 5.0 MNOK |
| Equity | 3.5 MNOK | 2.2 MNOK | 2.5 MNOK |
| Retained earnings | −0.7 MNOK | −2.1 MNOK | −1.8 MNOK |
| Total liabilities | 7.3 MNOK | 7.6 MNOK | 6.4 MNOK |
| Current liabilities | 3.7 MNOK | 4.1 MNOK | 3.5 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6171799.
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