SEALOADING CTV 2 AS

Org. no. 915626297 · ARENDAL · Founded 2015

Score · fiscal year 2023

29of 100

How to read this: the company is ahead of 16 % of medium-sized companies in the same sector in 2023. What does this mean?

Rank: 1,471 of 1,788 · Sjøfart

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 58 and solidity 19 out of 100 among medium-sized companies in the same sector in 2023. Methodology

Against the sector

SEALOADING CTV 2 AS is 20 points below the median for medium-sized companies in the same sector in 2023.

Median score 49 among 361 companies.

Against medium-sized companies in the same sector in 2023: operating margin 26.3% (median 29.8%) and equity ratio 17.6% (median 45.2%).

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 revenue456 MNOK208 MNOK
Operating margin 26.3% 29.8% 47 %
Profit margin 16.1% 16.5% shown, not part of the index
Return on assets 17.5% 8.4% 69 %
Equity ratio 17.6% 45.2% 22 %
Debt-to-equity 4.69 1.00 16 %
Current ratio 0.20 1.57 11 %
Revenue growth – 45.6% not compared

The median and “ahead of” refer to medium-sized companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 29, SEALOADING CTV 2 AS does better than 16% of medium-sized companies in the same sector (361 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • SEALOADING CTV 2 AS
  • Median: medium-sized companies in the same sector
Analysis · 2023

What the numbers say

SEALOADING CTV 2 AS had an operating margin of 26.3% and an equity ratio of 17.6% in 2023, and ranks 1,471 of 1,788 in Sjøfart.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 12 MUSD and 99 MUSD.

MethodInputMultipleEstimate
P/E Net profit: 6.8 MUSD 10.0 68 MUSD
EV/EBIT Operating profit: 11.4 MUSD
minus net debt −7.7 MUSD
8.0 99 MUSD
P/B Equity: 11.6 MUSD 1.0 12 MUSD

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

  • critical

    Consider strengthening liquidity: current liabilities are 5.0 times current assets.

    Based on: Current ratio 0.20 (median 1.57).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 8.4% 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

  • watch Reports in a currency other than NOK
Stress test · 2026

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

Components · 2023

What the score is made of

Profitability58 weight 30%
Solidity19 weight 25%
Liquidity11 weight 15%
Growth– no data, left out
Consistency4 weight 15%

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

2023

Questions and answers

How profitable is SEALOADING CTV 2 AS?

The operating margin was 26.3% in 2023, against a median of 29.8% among medium-sized companies in the same sector. Return on assets was 17.5%.

How solid is SEALOADING CTV 2 AS?

The equity ratio was 17.6% in 2023 (median 45.2%). Debt-to-equity was 4.69 (median 1.00).

What is the liquidity of SEALOADING CTV 2 AS like?

The current ratio was 0.20 in 2023 (median 1.57). Current assets did not cover current liabilities.

How does SEALOADING CTV 2 AS compare in Sjøfart?

SEALOADING CTV 2 AS ranks 1,471 of 1,788 in Sjøfart for 2023. Among companies of the same size (medium-sized companies) it ranks 302 of 361.

From the Central Coordinating Register

Org. no.
915626297
Legal form
AS
Sector
Sjøfart (50.201)
Size tier
medium
Employees
0–4 (not registered)
Founded
23 June 2015 11 years in operation
Share capital
54.00 MNOK
Business address
Kirkegaten 2A, 4836 ARENDAL
Municipality
Arendal rank 5–10 of 10 in KOSTRA group 11
Latest accounts filed
2025
LEI
254900N230DNM13C7D94 not renewed (lapsed)

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
Masatoshi Numano
Chair of the board
Yoshiro Kubo
Board member
Masatoshi Numano
Auditor
BDO AS

Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.

Parent company
SEALOADING HOLDING AS (Norway)
Ultimate parent
ELVHEIM AS (Norway)

Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 29 October 2026. The parent is the one the company itself reported to GLEIF.

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
Index292455
Rank1,4711,675808
Operating margin26.3%15.5%35.2%
Return on assets17.5%4.6%12.7%
Equity ratio17.6%17.3%24.8%
Current ratio0.200.891.96
Revenue growth–−59.6%38.8%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (USD). Revenue in NOK is converted from USD at the mean rate for the accounting period 1 January 2023–31 December 2023: 10.5647 (norges_bank). Balance-sheet amounts use the rate on the balance-sheet date. Ratios and growth are computed in USD. Exchange rates at Norges Bank

Key figure202320242025
Operating revenue43.2 MUSD17.4 MUSD24.2 MUSD
Operating profit11.4 MUSD2.7 MUSD8.5 MUSD
Profit before tax7.0 MUSD0.2 MUSD5.6 MUSD
Net profit6.8 MUSD0.2 MUSD5.6 MUSD
Financial expenses4.6 MUSD3.0 MUSD3.3 MUSD
Total assets66.1 MUSD68.0 MUSD69.8 MUSD
Current assets10.8 MUSD6.1 MUSD11.0 MUSD
Equity11.6 MUSD11.8 MUSD17.3 MUSD
Retained earnings−38.8 MUSD−38.7 MUSD−33.1 MUSD
Total liabilities54.5 MUSD56.2 MUSD52.5 MUSD
Current liabilities54.5 MUSD6.9 MUSD5.6 MUSD

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5284555.

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