OLYMPIC ARES AS
Score · fiscal year 2025
71of 100
How to read this: the company is ahead of 90 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 38 of 320 · Olje og gass
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 88 and solidity 98 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
OLYMPIC ARES AS is 19 points above the median for medium-sized companies in the same sector in 2025.
Median score 52 among 108 companies.
Against medium-sized companies in the same sector in 2025: operating margin 76.8% (median 6.3%) and equity ratio 92.5% (median 34.3%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 131 MNOK | 244 MNOK |
| Operating margin | 76.8% | 6.3% |
| Profit margin | 71.8% | 6.0% |
| Return on assets | 24.3% | 11.5% |
| Equity ratio | 92.5% | 34.3% |
| Debt-to-equity | 0.08 | 1.56 |
| Current ratio | 0.97 | 1.31 |
| Revenue growth | 2.9% | 6.6% |
The median and “ahead of” refer to medium-sized companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 71, OLYMPIC ARES AS does better than 90% of medium-sized companies in the same sector (108 companies) in 2025.
Score 2023–2025
- OLYMPIC ARES AS
- Median: medium-sized companies in the same sector
OLYMPIC ARES AS has a score of 71 for 2025, rank 38 of 320 in the sector.
Strongest: Solidity: percentile 98 against peers, equity ratio 92.5% against a median of 34.3%. Profitability: percentile 88 against peers, operating margin 76.8% against a median of 6.3%.
Weakest: Liquidity: percentile 25 against peers, current ratio 0.97 against a median of 1.31.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 1.0 times current assets. Based on: current ratio 0.97 (median 1.31).
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 ARES AS had an operating margin of 76.8% and an equity ratio of 92.5% in 2025, and ranks 38 of 320 in Olje og gass.
From 2024 to 2025: the equity ratio rose from 53.7% to 92.5% and the operating margin rose from 71.8% to 76.8%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 414 MNOK and 941 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 941 MNOK |
| EV/EBIT | 8.0 | 805 MNOK |
| P/B | 1.0 | 414 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 1.0 times current assets.
Based on: Current ratio 0.97 (median 1.31).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 43.8% 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 | 88 | weight 30% |
|---|---|---|
| Solidity | 98 | weight 25% |
| Liquidity | 25 | weight 15% |
| Growth | 44 | weight 15% |
| Consistency | 68 | weight 15% |
Durability: 67 (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 ARES AS?
The operating margin was 76.8% in 2025, against a median of 6.3% among medium-sized companies in the same sector. Return on assets was 24.3%.
How solid is OLYMPIC ARES AS?
The equity ratio was 92.5% in 2025 (median 34.3%). Debt-to-equity was 0.08 (median 1.56).
What is the liquidity of OLYMPIC ARES AS like?
The current ratio was 0.97 in 2025 (median 1.31). Current assets did not cover current liabilities.
How does OLYMPIC ARES AS compare in Olje og gass?
OLYMPIC ARES AS ranks 38 of 320 in Olje og gass for 2025. Among companies of the same size (medium-sized companies) it ranks 12 of 108. Revenue changed by 2.9% from the year before.
From the Central Coordinating Register
- Org. no.
- 915488277
- Legal form
- AS
- Sector
- Olje og gass (09.109)
- Size tier
- medium
- Employees
- 0–4 (not registered)
- Founded
- 18 May 2015 11 years in operation
- Share capital
- 200.03 MNOK
- Business address
- Fosnavåg Brygge, Holmsildgata 12, 6090 FOSNAVÅG (HERØY)
- Municipality
- Herøy (Møre og Romsdal) rank 5–23 of 40 in KOSTRA group 1
- Latest accounts filed
- 2025
- LEI
- 636700M2P0ZSTEVCTS60 renews 11 October 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
- 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 | 50 | 79 | 71 | |
| Rank | 165 | 11 | 38 | |
| Operating margin | 47.6% | 71.8% | 76.8% | |
| Return on assets | 12.2% | 15.6% | 24.3% | |
| Equity ratio | 23.6% | 53.7% | 92.5% | |
| Current ratio | 1.96 | 10.52 | 0.97 | |
| Revenue growth | – | 28.3% | 2.9% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 99.2 MNOK | 127.3 MNOK | 131.0 MNOK |
| Operating profit | 47.2 MNOK | 91.4 MNOK | 100.6 MNOK |
| Profit before tax | 32.6 MNOK | 200.6 MNOK | 94.1 MNOK |
| Net profit | 32.6 MNOK | 200.6 MNOK | 94.1 MNOK |
| Financial expenses | 29.0 MNOK | −107.5 MNOK | 14.6 MNOK |
| Total assets | 503.4 MNOK | 595.4 MNOK | 446.9 MNOK |
| Current assets | 47.0 MNOK | 159.5 MNOK | 32.5 MNOK |
| Equity | 118.8 MNOK | 319.4 MNOK | 413.5 MNOK |
| Retained earnings | −81.2 MNOK | 119.4 MNOK | 213.5 MNOK |
| Total liabilities | 384.5 MNOK | 275.9 MNOK | 33.4 MNOK |
| Current liabilities | 24.0 MNOK | 15.2 MNOK | 33.4 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7108275.
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