VOLANTIS OPERATION AS
Score · fiscal year 2024
42of 100
How to read this: the company is ahead of 36 % of companies in the Morning class Medium in the same sector in 2024. What does this mean?
Rank in the Morning class Medium: 80 of 124 · What are Morning company classes?
Place in the whole sector: 207 of 324 · Olje og gass
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 37 and solidity 0 out of 100 among companies in the Morning class Medium in the same sector in 2024. Methodology
Against the sector
VOLANTIS OPERATION AS is 8 points below the median for companies in the Morning class Medium in the same sector in 2024.
Median score 50 among 124 companies.
Against companies in the Morning class Medium in the same sector in 2024: operating margin 2.1% (median 6.0%) and equity ratio −14.0% (median 31.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 112 MNOK | 139 MNOK |
| Operating margin | 2.1% | 6.0% |
| Profit margin | 1.4% | 7.5% |
| Return on assets | 9.3% | 13.0% |
| Equity ratio | −14.0% | 31.9% |
| Debt-to-equity | – | 1.96 |
| Current ratio | 3.88 | 1.33 |
| Revenue growth | 34.5% | 17.1% |
The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 42, VOLANTIS OPERATION AS does better than 36% of companies in the Morning class Medium in the same sector (124 companies) in 2024.
Score 2023–2025
- VOLANTIS OPERATION AS
- Median: companies in the Morning class Medium in the same sector
What the numbers say
VOLANTIS OPERATION AS had an operating margin of 2.1% and an equity ratio of −14.0% in 2024, and ranks 207 of 324 in Olje og gass.
From 2023 to 2024: revenue grew by 34%.
This text is generated automatically from the 2024 accounts.
Three simple methods
One method gives a figure: 12 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 12 MNOK |
| EV/EBIT | 8.0 | debt above value |
| P/B | 1.0 | not meaningful |
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
- critical
Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?
Based on: Equity ratio −14.0% (median 31.9%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 4.0% of the debt in 2024. The policy rate averaged 4.50 % 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
- critical Negative equity
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 | 37 | weight 30% |
|---|---|---|
| Solidity | 0 | weight 25% |
| Liquidity | 91 | weight 15% |
| Growth | 74 | weight 15% |
| Consistency | 43 | weight 15% |
Durability: 35 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is VOLANTIS OPERATION AS?
The operating margin was 2.1% in 2024, against a median of 6.0% among companies in the Morning class Medium in the same sector. Return on assets was 9.3%.
How solid is VOLANTIS OPERATION AS?
The equity ratio was −14.0% in 2024 (median 31.9%). Equity is negative, so liabilities exceed assets.
What is the liquidity of VOLANTIS OPERATION AS like?
The current ratio was 3.88 in 2024 (median 1.33).
How does VOLANTIS OPERATION AS compare in Olje og gass?
VOLANTIS OPERATION AS ranks 207 of 324 in Olje og gass for 2024. Among companies in the Morning class Medium it is number 80 of 124. Revenue changed by 34.5% from the year before.
From the Central Coordinating Register
- Org. no.
- 916076037
- Legal form
- AS
- Sector
- Olje og gass (09.109)
- Morning company class
- Medium
- Employees
- 0–4 (not registered)
- Founded
- 28 September 2015 11 years in operation
- Share capital
- 0.10 MNOK
- Business address
- Mjølstadnesvegen 24, 6092 FOSNAVÅG (HERØY)
- Municipality
- Herøy (Møre og Romsdal) rank 5–23 of 40 in KOSTRA group 1
- Latest accounts filed
- 2025
- LEI
- 549300VFOTKSRYSMBM62 renews 22 September 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
- Chief executive
- Christoffer Syversen
- Chair of the board
- Stein Pettersen
- Board member
- Hege Sævik Rabben
- Board member
- Njål Sævik
- Auditor
- PRICEWATERHOUSECOOPERS AS
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
- Parent company
- HAVILA MARITIME DIS I AS (Norway)
- Ultimate parent
- HAVILA HOLDING AS (Norway)
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 30 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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 27 | 42 | 42 | |
| Rank | 276 | 207 | 215 | |
| Operating margin | 1.2% | 2.1% | 4.5% | |
| Return on assets | 4.1% | 9.3% | 11.0% | |
| Equity ratio | −16.7% | −14.0% | −1.7% | |
| Current ratio | 2.63 | 3.88 | 2.09 | |
| Revenue growth | – | 34.5% | 0.4% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 83.1 MNOK | 111.7 MNOK | 112.2 MNOK |
| Operating profit | 1.0 MNOK | 2.3 MNOK | 5.0 MNOK |
| Profit before tax | 0.2 MNOK | 1.5 MNOK | 4.5 MNOK |
| Net profit | 0.1 MNOK | 1.2 MNOK | 3.5 MNOK |
| Financial expenses | 1.2 MNOK | 1.4 MNOK | 1.5 MNOK |
| Total assets | 33.6 MNOK | 31.5 MNOK | 54.1 MNOK |
| Current assets | 31.9 MNOK | 30.2 MNOK | 53.7 MNOK |
| Equity | −5.6 MNOK | −4.4 MNOK | −0.9 MNOK |
| Retained earnings | −5.7 MNOK | −4.5 MNOK | −1.0 MNOK |
| Total liabilities | 39.2 MNOK | 36.0 MNOK | 55.0 MNOK |
| Current liabilities | 12.1 MNOK | 7.8 MNOK | 25.7 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6234289.
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