Olympic Delta AS
Score · fiscal year 2025
20of 100
How to read this: the company is ahead of 9 % of companies in the Morning class Small in the same sector in 2025. What does this mean?
Rank in the Morning class Small: 40 of 44 · What are Morning company classes?
Place in the whole sector: 299 of 320 · Olje og gass
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 12 and solidity 37 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology
Against the sector
Olympic Delta AS is 30 points below the median for companies in the Morning class Small in the same sector in 2025.
Median score 50 among 44 companies.
Against companies in the Morning class Small in the same sector in 2025: operating margin −58.1% (median 1.6%) and equity ratio 37.1% (median 43.5%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 49 MNOK | 31 MNOK |
| Operating margin | −58.1% | 1.6% |
| Profit margin | −78.6% | 2.5% |
| Return on assets | −9.5% | 5.3% |
| Equity ratio | 37.1% | 43.5% |
| Debt-to-equity | 1.70 | 1.09 |
| Current ratio | 0.04 | 1.40 |
| Revenue growth | −29.1% | 7.0% |
The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 20, Olympic Delta AS does better than 9% of companies in the Morning class Small in the same sector (44 companies) in 2025.
Score 2023–2025
- Olympic Delta AS
- Median: companies in the Morning class Small in the same sector
Olympic Delta AS has a score of 20 for 2025, rank 299 of 320 in the sector.
Strongest: Solidity: percentile 37 against peers, equity ratio 37.1% against a median of 43.5%.
Weakest: Liquidity: percentile 0 against peers, current ratio 0.04 against a median of 1.40. Profitability: percentile 12 against peers, operating margin −58.1% against a median of 1.6%.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 27.6 times current assets. Based on: current ratio 0.04 (median 1.40).
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −78.6% (median 2.5%).
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin −58.1% (median 1.6%).
- What lies behind weak profitability, 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
Olympic Delta AS had an operating margin of −58.1% and an equity ratio of 37.1% in 2025, and ranks 299 of 320 in Olje og gass.
From 2024 to 2025: the operating margin fell from 39.8% to −58.1% and went from a profit to a loss before tax.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 102 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 102 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
- critical
Consider strengthening liquidity: current liabilities are 27.6 times current assets.
Based on: Current ratio 0.04 (median 1.40).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −78.6% (median 2.5%).
- 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 −58.1% (median 1.6%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 6.8% 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.
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 1.6%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 12 | weight 30% |
|---|---|---|
| Solidity | 37 | weight 25% |
| Liquidity | 0 | weight 15% |
| Growth | 22 | weight 15% |
| Consistency | 28 | weight 15% |
Durability: 42 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Olympic Delta AS?
The operating margin was −58.1% in 2025, against a median of 1.6% among companies in the Morning class Small in the same sector. Return on assets was −9.5%. The company made a loss before tax.
How solid is Olympic Delta AS?
The equity ratio was 37.1% in 2025 (median 43.5%). Debt-to-equity was 1.70 (median 1.09).
What is the liquidity of Olympic Delta AS like?
The current ratio was 0.04 in 2025 (median 1.40). Current assets did not cover current liabilities.
How does Olympic Delta AS compare in Olje og gass?
Olympic Delta AS ranks 299 of 320 in Olje og gass for 2025. Among companies in the Morning class Small it is number 40 of 44. Revenue changed by −29.1% from the year before.
From the Central Coordinating Register
- Org. no.
- 914612004
- Legal form
- AS
- Sector
- Olje og gass (09.109)
- Morning company class
- Small
- Employees
- 0–4 (not registered)
- Founded
- 26 November 2014 11 years in operation
- Share capital
- 3.00 MNOK
- Business address
- 6090 FOSNAVÅG (HERØY)
- Municipality
- Herøy (Møre og Romsdal) rank 5–23 of 40 in KOSTRA group 1
- Latest accounts filed
- 2025
- Website
- www.olympic.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
- Chair of the board
- Stig Rune Remøy
- Board member
- Renathe Helene Nesseth
- Auditor
- BDO AS
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 | 49 | 56 | 20 | |
| Rank | 168 | 118 | 299 | |
| Operating margin | 53.4% | 39.8% | −58.1% | |
| Return on assets | 12.6% | 11.8% | −9.5% | |
| Equity ratio | 39.6% | 52.1% | 37.1% | |
| Current ratio | 0.70 | 0.17 | 0.04 | |
| Revenue growth | – | 15.9% | −29.1% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 59.1 MNOK | 68.5 MNOK | 48.6 MNOK |
| Operating profit | 31.6 MNOK | 27.3 MNOK | −28.2 MNOK |
| Profit before tax | 19.0 MNOK | 17.8 MNOK | −38.1 MNOK |
| Net profit | 19.0 MNOK | 17.8 MNOK | −38.1 MNOK |
| Financial expenses | 20.0 MNOK | 14.1 MNOK | 11.8 MNOK |
| Total assets | 309.5 MNOK | 269.6 MNOK | 276.0 MNOK |
| Current assets | 32.9 MNOK | 3.9 MNOK | 6.3 MNOK |
| Equity | 122.6 MNOK | 140.5 MNOK | 102.3 MNOK |
| Retained earnings | 5.1 MNOK | 23.0 MNOK | – |
| Total liabilities | 186.9 MNOK | 129.2 MNOK | 173.6 MNOK |
| Current liabilities | 47.2 MNOK | 22.7 MNOK | 173.6 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6931666.
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