VESTLANDSKE TRAFIKK AS
Score · fiscal year 2023
34of 100
How to read this: the company is ahead of 24 % of small companies in the same sector in 2023. What does this mean?
Rank: 883 of 1,155 · Sjøfart
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 44 and solidity 20 out of 100 among small companies in the same sector in 2023. Methodology
Against the sector
VESTLANDSKE TRAFIKK AS is 15 points below the median for small companies in the same sector in 2023.
Median score 49 among 868 companies.
Against small companies in the same sector in 2023: operating margin 3.5% (median 9.5%) and equity ratio 11.7% (median 48.5%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 2 MNOK | 4 MNOK |
| Operating margin | 3.5% | 9.5% |
| Profit margin | −2.5% | 7.7% |
| Return on assets | 2.1% | 2.8% |
| Equity ratio | 11.7% | 48.5% |
| Debt-to-equity | 7.55 | 0.62 |
| Current ratio | 0.13 | 1.62 |
| Revenue growth | – | 24.8% |
| Revenue per employee | 0.04 MNOK | 1.06 MNOK |
The median and “ahead of” refer to small companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 34, VESTLANDSKE TRAFIKK AS does better than 24% of small companies in the same sector (869 companies) in 2023.
Score 2023–2025
- VESTLANDSKE TRAFIKK AS
- Median: small companies in the same sector
What the numbers say
VESTLANDSKE TRAFIKK AS had an operating margin of 3.5% and an equity ratio of 11.7% in 2023, and ranks 883 of 1,155 in Sjøfart.
This text is generated automatically from the 2023 accounts.
Three simple methods
One method gives a figure: 0 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | debt above value |
| P/B | 1.0 | 0 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 7.9 times current assets.
Based on: Current ratio 0.13 (median 1.62).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −2.5% (median 7.7%).
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 | 44 | weight 30% |
|---|---|---|
| Solidity | 20 | weight 25% |
| Liquidity | 12 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 60 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is VESTLANDSKE TRAFIKK AS?
The operating margin was 3.5% in 2023, against a median of 9.5% among small companies in the same sector. Return on assets was 2.1%. The company made a loss before tax.
How solid is VESTLANDSKE TRAFIKK AS?
The equity ratio was 11.7% in 2023 (median 48.5%). Debt-to-equity was 7.55 (median 0.62).
What is the liquidity of VESTLANDSKE TRAFIKK AS like?
The current ratio was 0.13 in 2023 (median 1.62). Current assets did not cover current liabilities.
How does VESTLANDSKE TRAFIKK AS compare in Sjøfart?
VESTLANDSKE TRAFIKK AS ranks 883 of 1,155 in Sjøfart for 2023. Among companies of the same size (small companies) it ranks 661 of 869.
From the Central Coordinating Register
- Org. no.
- 915323707
- Legal form
- AS
- Sector
- Sjøfart (50.102)
- Size tier
- small
- Employees
- 43 registered 10 October 2026
- Founded
- 16 March 2015 11 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Kjøpmannsgata 3, 6005 ÅLESUND
- Municipality
- Ålesund rank 5 of 10 in KOSTRA group 11
- 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
- Øystein Meek
- Chair of the board
- Victor Berg Jensen
- Board member
- Øystein Meek
- Board member
- Andreas Kiplesund
- Auditor
- ULSTEIN REVISJON AS
- Accountant
- LIGHTHOUSE 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 | 34 | 54 | 30 | |
| Rank | 883 | 532 | 1,166 | |
| Operating margin | 3.5% | 7.6% | −1.4% | |
| Return on assets | 2.1% | 18.2% | −0.5% | |
| Equity ratio | 11.7% | 16.5% | 0.6% | |
| Current ratio | 0.13 | 0.77 | 0.09 | |
| Revenue growth | – | 1,568.9% | 7.2% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 1.5 MNOK | 25.6 MNOK | 27.4 MNOK |
| Operating profit | 0.1 MNOK | 1.9 MNOK | −0.4 MNOK |
| Profit before tax | 0.0 MNOK | 1.6 MNOK | −1.6 MNOK |
| Net profit | 0.0 MNOK | 1.5 MNOK | −1.3 MNOK |
| Financial expenses | 0.1 MNOK | 0.3 MNOK | 1.3 MNOK |
| Total assets | 2.6 MNOK | 10.7 MNOK | 75.6 MNOK |
| Current assets | 0.2 MNOK | 4.8 MNOK | 5.3 MNOK |
| Equity | 0.3 MNOK | 1.8 MNOK | 0.5 MNOK |
| Retained earnings | 0.3 MNOK | 1.7 MNOK | 0.5 MNOK |
| Total liabilities | 2.3 MNOK | 8.9 MNOK | 75.1 MNOK |
| Current liabilities | 1.4 MNOK | 6.3 MNOK | 58.2 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5337037.
Further
Similar companies
- CBO NW5 AS index 34, rank 880
- BIO SHIPPING AS index 34, rank 884
- SKARV SHIPPING AS index 34, rank 885
- SIDDIS PILOT AS index 34, rank 886
- PSC TRANSPORT AS index 34, rank 889