FJORD SHUTTLE AS
Score · fiscal year 2025
39of 100
How to read this: the company is ahead of 28 % of small companies in the same sector in 2025. What does this mean?
Rank: 1,132 of 1,589 · Sjøfart
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 53 and solidity 20 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
FJORD SHUTTLE AS is 11 points below the median for small companies in the same sector in 2025.
Median score 50 among 1,146 companies.
Against small companies in the same sector in 2025: operating margin 9.3% (median 8.5%) and equity ratio 14.9% (median 50.7%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 52 MNOK | 5 MNOK |
| Operating margin | 9.3% | 8.5% |
| Profit margin | −0.4% | 9.2% |
| Return on assets | 4.5% | 3.1% |
| Equity ratio | 14.9% | 50.7% |
| Debt-to-equity | 5.71 | 0.68 |
| Current ratio | 1.26 | 1.74 |
| Revenue growth | −14.8% | 0.4% |
| Revenue per employee | 1.58 MNOK | 1.43 MNOK |
The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 39, FJORD SHUTTLE AS does better than 28% of small companies in the same sector (1,152 companies) in 2025.
Score 2023–2025
- FJORD SHUTTLE AS
- Median: small companies in the same sector
FJORD SHUTTLE AS has a score of 39 for 2025, rank 1,132 of 1,589 in the sector.
Strongest: Profitability: percentile 53 against peers, operating margin 9.3% against a median of 8.5%.
Weakest: Solidity: percentile 20 against peers, equity ratio 14.9% against a median of 50.7%. Growth: percentile 27 against peers, revenue growth −14.8% against a median of 0.4%.
Worth a closer look
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −0.4% (median 9.2%).
- What lies behind weak solidity, and will it last?
- What lies behind weak growth, and will it last?
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
FJORD SHUTTLE AS had an operating margin of 9.3% and an equity ratio of 14.9% in 2025, and ranks 1,132 of 1,589 in Sjøfart.
From 2024 to 2025: went from a profit to a loss before tax and the operating margin fell from 27.8% to 9.3%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 16 MNOK and 52 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | 52 MNOK |
| P/B | 1.0 | 16 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
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −0.4% (median 9.2%).
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 | 53 | weight 30% |
|---|---|---|
| Solidity | 20 | weight 25% |
| Liquidity | 42 | weight 15% |
| Growth | 27 | weight 15% |
| Consistency | 50 | weight 15% |
Durability: 44 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is FJORD SHUTTLE AS?
The operating margin was 9.3% in 2025, against a median of 8.5% among small companies in the same sector. Return on assets was 4.5%. The company made a loss before tax.
How solid is FJORD SHUTTLE AS?
The equity ratio was 14.9% in 2025 (median 50.7%). Debt-to-equity was 5.71 (median 0.68).
What is the liquidity of FJORD SHUTTLE AS like?
The current ratio was 1.26 in 2025 (median 1.74).
How does FJORD SHUTTLE AS compare in Sjøfart?
FJORD SHUTTLE AS ranks 1,132 of 1,589 in Sjøfart for 2025. Among companies of the same size (small companies) it ranks 824 of 1,152. Revenue changed by −14.8% from the year before.
Public contracts
- Contracts awarded since 2024
- 0
- Total awarded value since 2024
- value not stated
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 19 December 2017 | Fiskeridirektoratet | Leie av hurtiggående fartøy | value not stated |
Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.
Source: Doffin (DFØ), fetched 28 October 2026. Winners are matched on organisation number.
Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0
From the Central Coordinating Register
- Org. no.
- 915977766
- Legal form
- AS
- Sector
- Sjøfart (50.109)
- Size tier
- small
- Employees
- 33 registered 10 October 2026
- Founded
- 31 August 2015 11 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Hantveit 257, 5960 DALSØYRA (GULEN)
- Municipality
- Gulen rank 1 of 28 in KOSTRA group 6
- 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
- Kjetil Hantveit
- Chair of the board
- Kjetil Hantveit
- Board member
- Saron Osmundsvåg
- Auditor
- ARGO REVISJON AS
- Accountant
- HOPE REKNESKAPSKONTOR 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 | 37 | 55 | 39 | |
| Rank | 946 | 541 | 1,132 | |
| Operating margin | 0.4% | 27.8% | 9.3% | |
| Return on assets | 0.3% | 19.1% | 4.5% | |
| Equity ratio | 12.7% | 18.5% | 14.9% | |
| Current ratio | 1.57 | 0.60 | 1.26 | |
| Revenue growth | – | 91.8% | −14.8% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 31.9 MNOK | 61.3 MNOK | 52.2 MNOK |
| Operating profit | 0.1 MNOK | 17.0 MNOK | 4.9 MNOK |
| Profit before tax | −1.9 MNOK | 14.2 MNOK | −0.2 MNOK |
| Net profit | −1.7 MNOK | 11.2 MNOK | −0.2 MNOK |
| Financial expenses | 2.0 MNOK | 2.9 MNOK | 5.1 MNOK |
| Total assets | 42.0 MNOK | 89.2 MNOK | 109.5 MNOK |
| Current assets | 6.9 MNOK | 13.4 MNOK | 22.4 MNOK |
| Equity | 5.3 MNOK | 16.5 MNOK | 16.3 MNOK |
| Retained earnings | 5.3 MNOK | 16.5 MNOK | 16.3 MNOK |
| Total liabilities | 36.7 MNOK | 72.7 MNOK | 93.2 MNOK |
| Current liabilities | 4.4 MNOK | 22.4 MNOK | 17.9 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7032796.
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