IO ULSTEINVIK AS

Org. no. 917483280 · ULSTEIN · Founded 2016 · 53 employees

Score · fiscal year 2025

39of 100

How to read this: the company is ahead of 34 % of small companies in the same sector in 2025. What does this mean?

Rank: 404 of 583 · Olje og gass

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 43 and solidity 12 out of 100 among small companies in the same sector in 2025. Methodology

Against the sector

IO ULSTEINVIK AS is 10 points below the median for small companies in the same sector in 2025.

Median score 49 among 326 companies.

Against small companies in the same sector in 2025: operating margin −0.1% (median 1.7%) and equity ratio 1.8% (median 53.5%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue53 MNOK3 MNOK
Operating margin −0.1% 1.7% 43 %
Profit margin 0.0% 9.0% shown, not part of the index
Return on assets 0.0% 2.8% 43 %
Equity ratio 1.8% 53.5% 22 %
Debt-to-equity 53.66 0.43 2 %
Current ratio 1.02 1.75 31 %
Revenue growth 5.1% 0.7% 57 %
Revenue per employee1.01 MNOK2.15 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, IO ULSTEINVIK AS does better than 34% of small companies in the same sector (330 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • IO ULSTEINVIK AS
  • Median: small companies in the same sector
Analysis · 2025

What the numbers say

IO ULSTEINVIK AS had an operating margin of −0.1% and an equity ratio of 1.8% in 2025, and ranks 404 of 583 in Olje og gass.

No large changes in the key figures from 2024 to 2025.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

One method gives a figure: 0 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.0 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −0.1 MNOK 8.0 not meaningful
P/B Equity: 0.3 MNOK 1.0 0 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 · 2025

Worth a closer look

  • watch

    The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?

    Based on: Equity ratio 1.8% (median 53.5%).

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

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 1.5%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability43 weight 30%
Solidity12 weight 25%
Liquidity31 weight 15%
Growth57 weight 15%
Consistency67 weight 15%

Durability: 36 (average over 3 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is IO ULSTEINVIK AS?

The operating margin was −0.1% in 2025, against a median of 1.7% among small companies in the same sector. Return on assets was 0.0%.

How solid is IO ULSTEINVIK AS?

The equity ratio was 1.8% in 2025 (median 53.5%). Debt-to-equity was 53.66 (median 0.43).

What is the liquidity of IO ULSTEINVIK AS like?

The current ratio was 1.02 in 2025 (median 1.75).

How does IO ULSTEINVIK AS compare in Olje og gass?

IO ULSTEINVIK AS ranks 404 of 583 in Olje og gass for 2025. Among companies of the same size (small companies) it ranks 218 of 330. Revenue changed by 5.1% from the year before.

Group accounts

The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.

Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.

We do not show the group structure, because open data does not say who owns whom.

From the Central Coordinating Register

Org. no.
917483280
Legal form
AS · part of a group
Sector
Olje og gass (09.109)
Size tier
small
Employees
53 registered 10 October 2026
Founded
13 June 2016 10 years in operation
Share capital
0.10 MNOK
Business address
Stålhaugen 12, 6065 ULSTEINVIK
Municipality
Ulstein rank 6 of 40 in KOSTRA group 1
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

Chair of the board
Håvard Ulstein
Board member
Tommy Walaunet
Auditor
ERNST & YOUNG AS
Accountant
HASUND 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.

Report an issue

Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index313739
Rank446439404
Operating margin0.0%−0.2%−0.1%
Return on assets0.5%0.0%0.0%
Equity ratio2.1%1.9%1.8%
Current ratio1.021.021.02
Revenue growth–9.0%5.1%

Accounts

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

Key figure202320242025
Operating revenue46.6 MNOK50.8 MNOK53.4 MNOK
Operating profit0.0 MNOK−0.1 MNOK−0.1 MNOK
Profit before tax0.1 MNOK0.0 MNOK0.0 MNOK
Net profit0.1 MNOK0.0 MNOK0.0 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets13.6 MNOK14.1 MNOK14.7 MNOK
Current assets13.6 MNOK14.1 MNOK14.7 MNOK
Equity0.3 MNOK0.3 MNOK0.3 MNOK
Retained earnings−0.1 MNOK−0.1 MNOK−0.1 MNOK
Total liabilities13.3 MNOK13.8 MNOK14.4 MNOK
Current liabilities13.3 MNOK13.8 MNOK14.4 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6921896.