THERMO SERVICE AS

Org. no. 915505198 · AUSTEVOLL · Founded 2015 · 29 employees

Score · fiscal year 2023

63of 100

How to read this: the company is ahead of 74 % of small companies in the same sector in 2023. What does this mean?

Rank: 998 of 3,738 · Sjømat

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 82 and solidity 42 out of 100 among small companies in the same sector in 2023. Methodology

Against the sector

THERMO SERVICE AS is 13 points above the median for small companies in the same sector in 2023.

Median score 50 among 3,282 companies.

Against small companies in the same sector in 2023: operating margin 33.2% (median 9.0%) and equity ratio 33.6% (median 35.9%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue67 MNOK2 MNOK
Operating margin 33.2% 9.0% 84 %
Profit margin 25.9% 5.5% shown, not part of the index
Return on assets 15.8% 2.7% 81 %
Equity ratio 33.6% 35.9% 48 %
Debt-to-equity 1.98 1.08 37 %
Current ratio 2.23 1.66 59 %
Revenue growth – 10.5% not compared
Revenue per employee2.31 MNOK1.60 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 63, THERMO SERVICE AS does better than 74% of small companies in the same sector (3,284 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • THERMO SERVICE AS
  • Median: small companies in the same sector
Analysis · 2023

What the numbers say

THERMO SERVICE AS had an operating margin of 33.2% and an equity ratio of 33.6% in 2023, and ranks 998 of 3,738 in Sjømat.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 48 MNOK and 136 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 13.6 MNOK 10.0 136 MNOK
EV/EBIT Operating profit: 22.3 MNOK
minus net debt 83.1 MNOK
8.0 95 MNOK
P/B Equity: 47.6 MNOK 1.0 48 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

Indications · 2023

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 5.4% 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.

Data quality

No anomalies found in the figures.

Stress test · 2022

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

Components · 2023

What the score is made of

Profitability82 weight 30%
Solidity42 weight 25%
Liquidity59 weight 15%
Growth– no data, left out
Consistency62 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2023

Questions and answers

How profitable is THERMO SERVICE AS?

The operating margin was 33.2% in 2023, against a median of 9.0% among small companies in the same sector. Return on assets was 15.8%.

How solid is THERMO SERVICE AS?

The equity ratio was 33.6% in 2023 (median 35.9%). Debt-to-equity was 1.98 (median 1.08).

What is the liquidity of THERMO SERVICE AS like?

The current ratio was 2.23 in 2023 (median 1.66).

How does THERMO SERVICE AS compare in Sjømat?

THERMO SERVICE AS ranks 998 of 3,738 in Sjømat for 2023. Among companies of the same size (small companies) it ranks 869 of 3,284.

From the Central Coordinating Register

Org. no.
915505198
Legal form
AS
Sector
Sjømat (03.211)
Size tier
small
Employees
29 registered 10 August 2026
Founded
26 May 2015 11 years in operation
Share capital
14.10 MNOK
Business address
Alfabygget, 5392 STOREBØ (AUSTEVOLL)
Municipality
Austevoll rank 1 of 18 in KOSTRA group 2
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
Sverre Kristoffer Blix
Chair of the board
Helge Arvid Møgster
Board member
Ingebrigt Gunnar Landa
Auditor
PRICEWATERHOUSECOOPERS 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.

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index636160
Rank9981,0941,158
Operating margin33.2%17.8%14.9%
Return on assets15.8%8.7%7.4%
Equity ratio33.6%41.3%43.4%
Current ratio2.232.042.70
Revenue growth–−9.3%17.1%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure202320242025
Operating revenue67.1 MNOK60.8 MNOK71.2 MNOK
Operating profit22.3 MNOK10.8 MNOK10.6 MNOK
Profit before tax17.4 MNOK6.9 MNOK6.5 MNOK
Net profit13.6 MNOK5.4 MNOK5.1 MNOK
Financial expenses5.1 MNOK4.4 MNOK4.5 MNOK
Total assets141.7 MNOK130.4 MNOK150.7 MNOK
Current assets16.0 MNOK12.1 MNOK19.2 MNOK
Equity47.6 MNOK53.8 MNOK65.4 MNOK
Retained earnings33.5 MNOK38.9 MNOK49.8 MNOK
Total liabilities94.1 MNOK76.6 MNOK85.3 MNOK
Current liabilities7.2 MNOK5.9 MNOK7.1 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 4912095.