OLYMPIC DELTA AS
Score · fiscal year 2023
49of 100
How to read this: the company is ahead of 48 % of companies in the Morning class Medium in the same sector in 2023. What does this mean?
Rank in the Morning class Medium: 58 of 110 · What are Morning company classes?
Place in the whole sector: 168 of 326 · Olje og gass
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 68 and solidity 61 out of 100 among companies in the Morning class Medium in the same sector in 2023. Methodology
Against the sector
OLYMPIC DELTA AS is at the median for companies in the Morning class Medium in the same sector in 2023.
Median score 49 among 110 companies.
Against companies in the Morning class Medium in the same sector in 2023: operating margin 53.4% (median 8.1%) and equity ratio 39.6% (median 26.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 59 MNOK | 140 MNOK |
| Operating margin | 53.4% | 8.1% |
| Profit margin | 32.1% | 9.8% |
| Return on assets | 12.6% | 12.7% |
| Equity ratio | 39.6% | 26.9% |
| Debt-to-equity | 1.52 | 2.22 |
| Current ratio | 0.70 | 1.35 |
| Revenue growth | – | 138.7% |
The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 49, OLYMPIC DELTA AS does better than 48% of companies in the Morning class Medium in the same sector (110 companies) in 2023.
Score 2023–2025
- OLYMPIC DELTA AS
- Median: companies in the Morning class Medium in the same sector
What the numbers say
OLYMPIC DELTA AS had an operating margin of 53.4% and an equity ratio of 39.6% in 2023, and ranks 168 of 326 in Olje og gass.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 113 MNOK and 190 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 190 MNOK |
| EV/EBIT | 8.0 | 113 MNOK |
| P/B | 1.0 | 123 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
Consider strengthening liquidity: current liabilities are 1.4 times current assets.
Based on: Current ratio 0.70 (median 1.35).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 10.7% of the debt in 2023. The policy rate averaged 3.54 % 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 | 68 | weight 30% |
|---|---|---|
| Solidity | 61 | weight 25% |
| Liquidity | 13 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 26 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is OLYMPIC DELTA AS?
The operating margin was 53.4% in 2023, against a median of 8.1% among companies in the Morning class Medium in the same sector. Return on assets was 12.6%.
How solid is OLYMPIC DELTA AS?
The equity ratio was 39.6% in 2023 (median 26.9%). Debt-to-equity was 1.52 (median 2.22).
What is the liquidity of OLYMPIC DELTA AS like?
The current ratio was 0.70 in 2023 (median 1.35). Current assets did not cover current liabilities.
How does OLYMPIC DELTA AS compare in Olje og gass?
OLYMPIC DELTA AS ranks 168 of 326 in Olje og gass for 2023. Among companies in the Morning class Medium it is number 58 of 110.
From the Central Coordinating Register
- Org. no.
- 914612004
- Legal form
- AS
- Sector
- Olje og gass (09.109)
- Morning company class
- Medium
- 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 5091331.
Further
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