VEST AQUA BASE AS
Score · fiscal year 2025
50of 100
How to read this: the company is ahead of 52 % of small companies in the same sector in 2025. What does this mean?
Rank: 2,021 of 4,158 · Sjømat
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 50 and solidity 44 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
VEST AQUA BASE AS is at the median for small companies in the same sector in 2025.
Median score 50 among 3,607 companies.
Against small companies in the same sector in 2025: operating margin 9.2% (median 9.9%) and equity ratio 36.3% (median 36.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 28 MNOK | 2 MNOK |
| Operating margin | 9.2% | 9.9% |
| Profit margin | −1.8% | 6.6% |
| Return on assets | 3.4% | 3.1% |
| Equity ratio | 36.3% | 36.4% |
| Debt-to-equity | 1.75 | 1.03 |
| Current ratio | 2.22 | 1.66 |
| Revenue growth | 15.9% | 13.5% |
| Revenue per employee | 2.02 MNOK | 1.95 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 50, VEST AQUA BASE AS does better than 52% of small companies in the same sector (3,639 companies) in 2025.
Score 2023–2025
- VEST AQUA BASE AS
- Median: small companies in the same sector
VEST AQUA BASE AS has a score of 50 for 2025, rank 2,021 of 4,158 in the sector.
Strongest: Liquidity: percentile 58 against peers, current ratio 2.22 against a median of 1.66.
No area is clearly below its peers.
Worth a closer look
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −1.8% (median 6.6%).
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
VEST AQUA BASE AS had an operating margin of 9.2% and an equity ratio of 36.3% in 2025, and ranks 2,021 of 4,158 in Sjømat.
From 2024 to 2025: the operating margin rose from −7.9% to 9.2% and revenue grew by 16%.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 28 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | debt above value |
| P/B | 1.0 | 28 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 −1.8% (median 6.6%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 6.4% 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.
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 −5.0%. 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 | 50 | weight 30% |
|---|---|---|
| Solidity | 44 | weight 25% |
| Liquidity | 58 | weight 15% |
| Growth | 52 | weight 15% |
| Consistency | 50 | weight 15% |
Durability: 51 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is VEST AQUA BASE AS?
The operating margin was 9.2% in 2025, against a median of 9.9% among small companies in the same sector. Return on assets was 3.4%. The company made a loss before tax.
How solid is VEST AQUA BASE AS?
The equity ratio was 36.3% in 2025 (median 36.4%). Debt-to-equity was 1.75 (median 1.03).
What is the liquidity of VEST AQUA BASE AS like?
The current ratio was 2.22 in 2025 (median 1.66).
How does VEST AQUA BASE AS compare in Sjømat?
VEST AQUA BASE AS ranks 2,021 of 4,158 in Sjømat for 2025. Among companies of the same size (small companies) it ranks 1,756 of 3,639. Revenue changed by 15.9% from the year before.
From the Central Coordinating Register
- Org. no.
- 914880378
- Legal form
- AS
- Sector
- Sjømat (03.211)
- Size tier
- small
- Employees
- 14 registered 10 September 2026
- Founded
- 19 January 2015 11 years in operation
- Share capital
- 6.10 MNOK
- Business address
- Leirpollvegen 56, 5419 FITJAR
- Municipality
- Fitjar rank 6–17 of 33 in KOSTRA group 5
- 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
- Chief executive
- Nils Bjarte Sætrevik
- Chair of the board
- Fredrik Mehn-Andersen
- Board member
- Henrik Melingen
- Board member
- Svein Eivind Gilje
- Board member
- Johannes Njåstad Møgster
- Board member
- Ole Morten Troland
- Board member
- Svein Arve Forland
- Board member
- Anders Jan Rød
- Board member
- Terje Peder Torland
- Board member
- Arild Lillenes
- Board member
- Håkon Kristian Tombre
- Deputy member
- Edvard Melingen
- Deputy member
- Karsten Inge Møgster
- Deputy member
- Knut Inge Sylta
- Deputy member
- Carl Erik Arnesen
- Deputy member
- Erlend Eide
- Deputy member
- Stig Tveit
- Deputy member
- Ole Heine Haukeland
- Deputy member
- Stein Erik Gilje
- Auditor
- DREGGEN REVISJON AS
- Accountant
- ME-TO REGNSKAPSKONTOR 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 | 59 | 45 | 50 | |
| Rank | 1,257 | 2,347 | 2,021 | |
| Operating margin | 18.4% | −7.9% | 9.2% | |
| Return on assets | 5.8% | −2.4% | 3.4% | |
| Equity ratio | 37.8% | 35.9% | 36.3% | |
| Current ratio | 2.49 | 2.13 | 2.22 | |
| Revenue growth | – | −8.4% | 15.9% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 26.6 MNOK | 24.4 MNOK | 28.2 MNOK |
| Operating profit | 4.9 MNOK | −1.9 MNOK | 2.6 MNOK |
| Profit before tax | 1.9 MNOK | −5.1 MNOK | −0.5 MNOK |
| Net profit | 1.5 MNOK | −4.0 MNOK | −0.4 MNOK |
| Financial expenses | 3.0 MNOK | 3.3 MNOK | 3.1 MNOK |
| Total assets | 85.0 MNOK | 78.2 MNOK | 76.1 MNOK |
| Current assets | 20.4 MNOK | 17.5 MNOK | 18.7 MNOK |
| Equity | 32.1 MNOK | 28.1 MNOK | 27.7 MNOK |
| Retained earnings | 25.6 MNOK | 21.6 MNOK | 21.2 MNOK |
| Total liabilities | 52.9 MNOK | 50.1 MNOK | 48.5 MNOK |
| Current liabilities | 8.2 MNOK | 8.2 MNOK | 8.4 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7142311.
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