OLYMPIC SUBSEA ASA
Score · fiscal year 2025
38of 100
How to read this: the company is ahead of 26 % of large companies in the same sector in 2025. What does this mean?
Rank: 408 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 26 and solidity 23 out of 100 among large companies in the same sector in 2025. Methodology
Against the sector
OLYMPIC SUBSEA ASA is 10 points below the median for large companies in the same sector in 2025.
Median score 48 among 102 companies.
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating margin | – | 10.5% |
| Profit margin | – | 9.4% |
| Return on assets | 3.5% | 12.1% |
| Equity ratio | 12.0% | 27.8% |
| Debt-to-equity | 7.31 | 2.45 |
| Current ratio | 4.03 | 1.11 |
| Revenue growth | – | 3.0% |
The median and “ahead of” refer to large companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 38, OLYMPIC SUBSEA ASA does better than 26% of large companies in the same sector (103 companies) in 2025.
Score 2023–2025
- OLYMPIC SUBSEA ASA
- Median: large companies in the same sector
OLYMPIC SUBSEA ASA has a score of 38 for 2025, rank 408 of 583 in the sector.
Strongest: Liquidity: percentile 90 against peers, current ratio 4.03 against a median of 1.11.
Weakest: Solidity: percentile 23 against peers, equity ratio 12.0% against a median of 27.8%. Profitability: percentile 26 against peers.
Worth a closer look
- What lies behind weak solidity, and will it last?
- What lies behind weak profitability, 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
OLYMPIC SUBSEA ASA had an operating margin of – and an equity ratio of 12.0% in 2025, and ranks 408 of 583 in Olje og gass.
From 2024 to 2025: the equity ratio fell from 55.6% to 12.0%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 355 MNOK and 735 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 735 MNOK |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 355 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
No rules were triggered for this year.
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
- watch Revenue not reported
- watch No revenue but large assets
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
What the score is made of
| Profitability | 26 | weight 30% |
|---|---|---|
| Solidity | 23 | weight 25% |
| Liquidity | 90 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 39 | weight 15% |
Durability: 48 (average over 3 years)
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is OLYMPIC SUBSEA ASA?
The operating margin was – in 2025, against a median of 10.5% among large companies in the same sector. Return on assets was 3.5%.
How solid is OLYMPIC SUBSEA ASA?
The equity ratio was 12.0% in 2025 (median 27.8%). Debt-to-equity was 7.31 (median 2.45).
What is the liquidity of OLYMPIC SUBSEA ASA like?
The current ratio was 4.03 in 2025 (median 1.11).
How does OLYMPIC SUBSEA ASA compare in Olje og gass?
OLYMPIC SUBSEA ASA ranks 408 of 583 in Olje og gass for 2025. Among companies of the same size (large companies) it ranks 76 of 103.
Group accounts · 2025
69 of 100
Rank 142 of 975 groups with group accounts. Groups are ranked only against each other, not against single companies.
| Key figure | The group | The company alone (2025) |
|---|---|---|
| Operating margin | 41.6% | – |
| Return on assets | 21.2% | 3.5% |
| Equity ratio | 32.0% | 12.0% |
| Current ratio | 2.55 | 4.03 |
| Revenue growth | 15.3% | – |
Group index in earlier years: 2023: 51 (551 of 1176), 2024: 76 (73 of 994).
Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.
Source: Brønnøysund Register Centre, group accounts 2025 (open data, NLOD 2.0).
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 917772533
- Legal form
- ASA
- Sector
- Olje og gass (09.109)
- Size tier
- large
- Employees
- 0–4 (not registered)
- Founded
- 14 September 2016 10 years in operation
- Share capital
- 7.69 MNOK
- Business address
- 6090 FOSNAVÅG (HERØY)
- Municipality
- Herøy (Møre og Romsdal) rank 2–22 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
- Chief executive
- Renathe Helene Nesseth
- Chair of the board
- Stig Rune Remøy
- Board member
- Anders Almestad
- Board member
- Ingvild Vartdal
- Board member
- Sofie Stokke Remøy
- Auditor
- BDO 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 | 55 | 50 | 38 | |
| Rank | 222 | 282 | 408 | |
| Operating margin | – | – | – | |
| Return on assets | 17.4% | 2.1% | 3.5% | |
| Equity ratio | 51.4% | 55.6% | 12.0% | |
| Current ratio | 0.80 | 1.02 | 4.03 | |
| Revenue growth | – | – | – |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | – | – | – |
| Operating profit | −4.0 MNOK | −5.5 MNOK | −8.0 MNOK |
| Profit before tax | 31.1 MNOK | 282.6 MNOK | 73.1 MNOK |
| Net profit | 31.1 MNOK | 282.6 MNOK | 73.5 MNOK |
| Financial expenses | 46.6 MNOK | −263.1 MNOK | 29.9 MNOK |
| Total assets | 447.1 MNOK | 921.0 MNOK | 2,948.2 MNOK |
| Current assets | 174.2 MNOK | 415.2 MNOK | 2,432.4 MNOK |
| Equity | 229.6 MNOK | 512.2 MNOK | 355.0 MNOK |
| Retained earnings | 31.1 MNOK | 313.7 MNOK | 156.5 MNOK |
| Total liabilities | 217.5 MNOK | 408.8 MNOK | 2,593.3 MNOK |
| Current liabilities | 217.5 MNOK | 408.8 MNOK | 603.7 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7103229.
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