OLE3 AS
Score · fiscal year 2025
18of 100
How to read this: the company is ahead of 5 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?
Rank in the Morning class Micro: 249 of 261 · What are Morning company classes?
Place in the whole sector: 986 of 1,018 · Sjøfart
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 17 and solidity 0 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology
Against the sector
OLE3 AS is 31 points below the median for companies in the Morning class Micro in the same sector in 2025.
Median score 49 among 261 companies.
Against companies in the Morning class Micro in the same sector in 2025: operating margin −2.4% (median 6.8%) and equity ratio −36.8% (median 43.5%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 1 MNOK | 3 MNOK |
| Operating margin | −2.4% | 6.8% |
| Profit margin | −2.1% | 8.8% |
| Return on assets | −35.3% | 7.3% |
| Equity ratio | −36.8% | 43.5% |
| Debt-to-equity | – | 0.80 |
| Current ratio | 0.73 | 1.89 |
| Revenue growth | −2.0% | 4.8% |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 18, OLE3 AS does better than 5% of companies in the Morning class Micro in the same sector (261 companies) in 2025.
Score 2023–2025
- OLE3 AS
- Median: companies in the Morning class Micro in the same sector
OLE3 AS has a score of 18 for 2025, rank 986 of 1,018 in the sector.
Strongest: Growth: percentile 35 against peers, revenue growth −2.0% against a median of 4.8%.
Weakest: Solidity: percentile 0 against peers, equity ratio −36.8% against a median of 43.5%. Profitability: percentile 17 against peers, operating margin −2.4% against a median of 6.8%.
Worth a closer look
- Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern? Based on: equity ratio −36.8% (median 43.5%).
- Consider strengthening liquidity: current liabilities are 1.4 times current assets. Based on: current ratio 0.73 (median 1.89).
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −2.1% (median 8.8%).
- What lies behind weak solidity, 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
OLE3 AS had an operating margin of −2.4% and an equity ratio of −36.8% in 2025, and ranks 986 of 1,018 in Sjøfart.
From 2024 to 2025: the equity ratio fell from −1.1% to −36.8%.
This text is generated automatically from the 2025 accounts.
Three simple methods
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| 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 −36.8% (median 43.5%).
- watch
Consider strengthening liquidity: current liabilities are 1.4 times current assets.
Based on: Current ratio 0.73 (median 1.89).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −2.1% (median 8.8%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
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 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 | 17 | weight 30% |
|---|---|---|
| Solidity | 0 | weight 25% |
| Liquidity | 22 | weight 15% |
| Growth | 35 | weight 15% |
| Consistency | 30 | weight 15% |
Durability: 17 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is OLE3 AS?
The operating margin was −2.4% in 2025, against a median of 6.8% among companies in the Morning class Micro in the same sector. Return on assets was −35.3%. The company made a loss before tax.
How solid is OLE3 AS?
The equity ratio was −36.8% in 2025 (median 43.5%). Equity is negative, so liabilities exceed assets.
What is the liquidity of OLE3 AS like?
The current ratio was 0.73 in 2025 (median 1.89). Current assets did not cover current liabilities.
How does OLE3 AS compare in Sjøfart?
OLE3 AS ranks 986 of 1,018 in Sjøfart for 2025. Among companies in the Morning class Micro it is number 249 of 261. Revenue changed by −2.0% from the year before.
From the Central Coordinating Register
- Org. no.
- 917454531
- Legal form
- AS
- Sector
- Sjøfart (50.109)
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 8 June 2016 10 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Dukenveien 20, 3133 DUKEN (FÆRDER)
- Municipality
- Færder rank 8–17 of 27 in KOSTRA group 9
- Audit
- Audit opted out from 26 July 2016
- 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
- Terje Salvesen
- Chair of the board
- Terje Salvesen
- Accountant
- DIREKTE REGNSKAP 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 | 16 | 16 | 18 | |
| Rank | 844 | 935 | 986 | |
| Operating margin | −1.8% | −1.9% | −2.4% | |
| Return on assets | −6.0% | −18.8% | −35.3% | |
| Equity ratio | 4.2% | −1.1% | −36.8% | |
| Current ratio | 0.21 | 0.99 | 0.73 | |
| Revenue growth | – | −14.2% | −2.0% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 1.3 MNOK | 1.1 MNOK | 1.1 MNOK |
| Operating profit | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Profit before tax | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Net profit | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Financial expenses | 0.0 MNOK | – | – |
| Total assets | 0.4 MNOK | 0.1 MNOK | 0.1 MNOK |
| Current assets | 0.1 MNOK | 0.1 MNOK | 0.1 MNOK |
| Equity | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Retained earnings | 0.0 MNOK | 0.0 MNOK | −0.1 MNOK |
| Total liabilities | 0.4 MNOK | 0.1 MNOK | 0.1 MNOK |
| Current liabilities | 0.4 MNOK | 0.1 MNOK | 0.1 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6785488.
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