MH Havfiske AS
Score · fiscal year 2023
58of 100
How to read this: the company is ahead of 63 % of companies in the Morning class Micro in the same sector in 2023. What does this mean?
Rank in the Morning class Micro: 401 of 1,094 · What are Morning company classes?
Place in the whole sector: 752 of 2,046 · Sjømat
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 66 and solidity 44 out of 100 among companies in the Morning class Micro in the same sector in 2023. Methodology
Against the sector
MH Havfiske AS is 8 points above the median for companies in the Morning class Micro in the same sector in 2023.
Median score 50 among 1,094 companies.
Against companies in the Morning class Micro in the same sector in 2023: operating margin 26.2% (median 13.1%) and equity ratio 32.6% (median 34.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 3 MNOK | 3 MNOK |
| Operating margin | 26.2% | 13.1% |
| Profit margin | 18.4% | 8.4% |
| Return on assets | 9.3% | 6.9% |
| Equity ratio | 32.6% | 34.9% |
| Debt-to-equity | 2.07 | 1.53 |
| Current ratio | 2.61 | 1.72 |
| Revenue growth | – | 42.3% |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 58, MH Havfiske AS does better than 63% of companies in the Morning class Micro in the same sector (1,094 companies) in 2023.
Score 2023–2025
- MH Havfiske AS
- Median: companies in the Morning class Micro in the same sector
What the numbers say
MH Havfiske AS had an operating margin of 26.2% and an equity ratio of 32.6% in 2023, and ranks 752 of 2,046 in Sjømat.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 3 MNOK and 4 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 16.9 | 4 MNOK |
| EV/EBIT | 17.0 | 4 MNOK |
| P/B | 2.2 | 3 MNOK |
The listed basis is the value at listed multiples. The estimate is lowered by 51% for an unlisted company: 20% for lack of marketability and 38% for size (a small-company premium of 4% on the cost of equity).
A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. See the calculation
Worth a closer look
No rules were triggered for this year.
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 4.2% 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 −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 | 66 | weight 30% |
|---|---|---|
| Solidity | 44 | weight 25% |
| Liquidity | 67 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 56 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is MH Havfiske AS?
The operating margin was 26.2% in 2023, against a median of 13.1% among companies in the Morning class Micro in the same sector. Return on assets was 9.3%.
How solid is MH Havfiske AS?
The equity ratio was 32.6% in 2023 (median 34.9%). Debt-to-equity was 2.07 (median 1.53).
What is the liquidity of MH Havfiske AS like?
The current ratio was 2.61 in 2023 (median 1.72).
How does MH Havfiske AS compare in Sjømat?
MH Havfiske AS ranks 752 of 2,046 in Sjømat for 2023. Among companies in the Morning class Micro it is number 401 of 1,094.
From the Central Coordinating Register
- Org. no.
- 915457576
- Legal form
- AS
- Sector
- Sjømat (03.110)
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 19 May 2015 11 years in operation
- Share capital
- 0.05 MNOK
- Business address
- Salenkroken 3, 3970 LANGESUND (BAMBLE)
- Municipality
- Bamble rank 21–34 of 38 in KOSTRA group 7
- Audit
- Audit opted out from 29 May 2015
- Latest accounts filed
- 2025
- LEI
- 6367006DOCL7YYTPHP19 renews 23 April 2027
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.
- Parent company
- No parent company: owned by persons
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 31 October 2026. The parent is the one the company itself reported to GLEIF.
Shareholders (2025)
- Number of shareholders
- 1 (one owner)
- Largest owner
- 100.0%
- Split
- companies 0% · private persons 100% · foreign 0%
- Owned from the same municipality
- 100%
- Group chain
- Ultimate owner: private person
The company is new in the shareholder register in 2025.
Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.
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 | 58 | 48 | 35 | |
| Rank | 752 | 1,067 | 1,761 | |
| Operating margin | 26.2% | 7.4% | −5.7% | |
| Return on assets | 9.3% | 2.9% | −1.3% | |
| Equity ratio | 32.6% | 31.6% | 29.9% | |
| Current ratio | 2.61 | 4.22 | 4.50 | |
| Revenue growth | – | −16.3% | −19.4% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 3.2 MNOK | 2.7 MNOK | 2.2 MNOK |
| Operating profit | 0.8 MNOK | 0.2 MNOK | −0.1 MNOK |
| Profit before tax | 0.6 MNOK | 0.0 MNOK | −0.4 MNOK |
| Tax expense | 0.1 MNOK | 0.0 MNOK | −0.1 MNOK |
| Net profit | 0.5 MNOK | 0.0 MNOK | −0.3 MNOK |
| Financial expenses | 0.3 MNOK | 0.3 MNOK | 0.3 MNOK |
| Total assets | 9.2 MNOK | 8.5 MNOK | 7.8 MNOK |
| Current assets | 1.5 MNOK | 1.3 MNOK | 0.8 MNOK |
| Equity | 3.0 MNOK | 2.7 MNOK | 2.3 MNOK |
| Retained earnings | 2.2 MNOK | 2.1 MNOK | 1.8 MNOK |
| Total liabilities | 6.2 MNOK | 5.8 MNOK | 5.4 MNOK |
| Current liabilities | 0.6 MNOK | 0.3 MNOK | 0.2 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 4819131.
Further
Similar companies
- Glema Fisk AS index 58, rank 748 · compare
- Brochmann AS index 58, rank 756 · compare
- Bergsvik Fisk AS index 58, rank 757 · compare
- Bakkeby Fisk AS index 57, rank 758 · compare
- Polargutten AS index 57, rank 759 · compare