KINGS-BAY AS
Score · fiscal year 2024
73of 100
How to read this: the company is ahead of 91 % of medium-sized companies in the same sector in 2024. What does this mean?
Rank: 371 of 3,976 · Sjømat
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 82 and solidity 69 out of 100 among medium-sized companies in the same sector in 2024. Methodology
Against the sector
KINGS-BAY AS is 23 points above the median for medium-sized companies in the same sector in 2024.
Median score 50 among 419 companies.
Against medium-sized companies in the same sector in 2024: operating margin 41.5% (median 11.4%) and equity ratio 65.8% (median 44.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 187 MNOK | 205 MNOK |
| Operating margin | 41.5% | 11.4% |
| Profit margin | 47.7% | 7.7% |
| Return on assets | 15.4% | 9.0% |
| Equity ratio | 65.8% | 44.9% |
| Debt-to-equity | 0.52 | 1.22 |
| Current ratio | 5.00 | 1.80 |
| Revenue growth | 13.9% | 9.9% |
The median and “ahead of” refer to medium-sized companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 73, KINGS-BAY AS does better than 91% of medium-sized companies in the same sector (419 companies) in 2024.
Score 2023–2025
- KINGS-BAY AS
- Median: medium-sized companies in the same sector
What the numbers say
KINGS-BAY AS had an operating margin of 41.5% and an equity ratio of 65.8% in 2024, and ranks 371 of 3,976 in Sjømat.
From 2023 to 2024: revenue grew by 14%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 418 MNOK and 695 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 691 MNOK |
| EV/EBIT | 8.0 | 695 MNOK |
| P/B | 1.0 | 418 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.
Financial costs were 3.9% 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.
Data quality
No anomalies found in the figures.
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 −5.0%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 82 | weight 30% |
|---|---|---|
| Solidity | 69 | weight 25% |
| Liquidity | 85 | weight 15% |
| Growth | 58 | weight 15% |
| Consistency | 66 | weight 15% |
Durability: 74 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is KINGS-BAY AS?
The operating margin was 41.5% in 2024, against a median of 11.4% among medium-sized companies in the same sector. Return on assets was 15.4%.
How solid is KINGS-BAY AS?
The equity ratio was 65.8% in 2024 (median 44.9%). Debt-to-equity was 0.52 (median 1.22).
What is the liquidity of KINGS-BAY AS like?
The current ratio was 5.00 in 2024 (median 1.80).
How does KINGS-BAY AS compare in Sjømat?
KINGS-BAY AS ranks 371 of 3,976 in Sjømat for 2024. Among companies of the same size (medium-sized companies) it ranks 39 of 419. Revenue changed by 13.9% from the year before.
From the Central Coordinating Register
- Org. no.
- 917838607
- Legal form
- AS
- Sector
- Sjømat (03.110)
- Size tier
- medium
- Employees
- 0–4 (not registered)
- Founded
- 22 September 2016 10 years in operation
- Share capital
- 0.60 MNOK
- Business address
- c/o Bjørn Sævik, Myrane 15, 6094 LEINØY (HERØY)
- Municipality
- Herøy (Møre og Romsdal) rank 5–23 of 40 in KOSTRA group 1
- Latest accounts filed
- 2025
- LEI
- 98450012JBFA6EBO6A08 renews 9 December 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
- Bjørn Sævik
- Chair of the board
- Petter Jon Sævik
- Board member
- Johnny Sævik
- Auditor
- BDO AS
- Accountant
- SKIPSREGNSKAP 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 | 75 | 73 | 72 | |
| Rank | 338 | 371 | 378 | |
| Operating margin | 40.4% | 41.5% | 42.2% | |
| Return on assets | 13.2% | 15.4% | 14.6% | |
| Equity ratio | 62.7% | 65.8% | 70.1% | |
| Current ratio | 5.61 | 5.00 | 6.75 | |
| Revenue growth | – | 13.9% | −9.2% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 164.4 MNOK | 187.3 MNOK | 170.1 MNOK |
| Operating profit | 66.5 MNOK | 77.7 MNOK | 71.9 MNOK |
| Profit before tax | 72.9 MNOK | 89.4 MNOK | 89.4 MNOK |
| Net profit | 58.4 MNOK | 69.1 MNOK | 72.1 MNOK |
| Financial expenses | 7.2 MNOK | 8.4 MNOK | 7.6 MNOK |
| Total assets | 605.2 MNOK | 636.0 MNOK | 665.7 MNOK |
| Current assets | 286.0 MNOK | 321.7 MNOK | 354.8 MNOK |
| Equity | 379.4 MNOK | 418.5 MNOK | 466.5 MNOK |
| Retained earnings | 201.4 MNOK | 240.5 MNOK | 288.5 MNOK |
| Total liabilities | 225.8 MNOK | 217.5 MNOK | 199.2 MNOK |
| Current liabilities | 51.0 MNOK | 64.4 MNOK | 52.6 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6190277.
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