TTAQUA AS
Score · fiscal year 2025
27of 100
How to read this: the company is ahead of 18 % of small companies in the same sector in 2025. What does this mean?
Rank: 3,507 of 4,158 · Sjømat
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 12 and solidity 50 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
TTAQUA AS is 23 points below the median for small companies in the same sector in 2025.
Median score 50 among 3,607 companies.
Against small companies in the same sector in 2025: operating margin −1,169.9% (median 9.9%) and equity ratio 42.8% (median 36.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 0 MNOK | 2 MNOK |
| Operating margin | −1,169.9% | 9.9% |
| Profit margin | −16,043.5% | 6.6% |
| Return on assets | −7.7% | 3.1% |
| Equity ratio | 42.8% | 36.4% |
| Debt-to-equity | 1.33 | 1.03 |
| Current ratio | 0.87 | 1.66 |
| Revenue growth | −98.2% | 13.5% |
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 27, TTAQUA AS does better than 18% of small companies in the same sector (3,639 companies) in 2025.
Score 2023–2025
- TTAQUA AS
- Median: small companies in the same sector
TTAQUA AS has a score of 27 for 2025, rank 3,507 of 4,158 in the sector.
Strongest: Solidity: percentile 50 against peers, equity ratio 42.8% against a median of 36.4%.
Weakest: Growth: percentile 3 against peers, revenue growth −98.2% against a median of 13.5%. Profitability: percentile 12 against peers, operating margin −1,169.9% against a median of 9.9%.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 1.2 times current assets. Based on: current ratio 0.87 (median 1.66).
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −16,043.5% (median 6.6%).
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin −1,169.9% (median 9.9%).
- What lies behind weak growth, 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
TTAQUA AS had an operating margin of −1,169.9% and an equity ratio of 42.8% in 2025, and ranks 3,507 of 4,158 in Sjømat.
From 2024 to 2025: the operating margin fell from 37.6% to −1,169.9% and went from a profit to a loss before tax.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 0 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 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
Worth a closer look
- watch
Consider strengthening liquidity: current liabilities are 1.2 times current assets.
Based on: Current ratio 0.87 (median 1.66).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −16,043.5% (median 6.6%).
- watch
The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin −1,169.9% (median 9.9%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 212.4% of the debt in 2025. The policy rate averaged 4.30 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.
Data quality
- watch Extreme margin: check 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 | 12 | weight 30% |
|---|---|---|
| Solidity | 50 | weight 25% |
| Liquidity | 31 | weight 15% |
| Growth | 3 | weight 15% |
| Consistency | 38 | weight 15% |
Durability: 60 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is TTAQUA AS?
The operating margin was −1,169.9% in 2025, against a median of 9.9% among small companies in the same sector. Return on assets was −7.7%. The company made a loss before tax.
How solid is TTAQUA AS?
The equity ratio was 42.8% in 2025 (median 36.4%). Debt-to-equity was 1.33 (median 1.03).
What is the liquidity of TTAQUA AS like?
The current ratio was 0.87 in 2025 (median 1.66). Current assets did not cover current liabilities.
How does TTAQUA AS compare in Sjømat?
TTAQUA AS ranks 3,507 of 4,158 in Sjømat for 2025. Among companies of the same size (small companies) it ranks 2,999 of 3,639. Revenue changed by −98.2% from the year before.
From the Central Coordinating Register
- Org. no.
- 917892008
- Legal form
- AS
- Sector
- Sjømat (03.300)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 1 October 2016 10 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Svartedalsvegen 2, 5305 FLORVÅG (ASKØY)
- Municipality
- Askøy rank 12–25 of 27 in KOSTRA group 9
- Audit
- Audit opted out from 17 October 2016
- Latest accounts filed
- 2025
- LEI
- 254900SDTD6A3J0W7Y27 not renewed (lapsed)
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
- Tord Båtevik Teigstad
- Chair of the board
- Tord Båtevik Teigstad
- Accountant
- AIDER AS
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
- Parent company
- No parent company: owned by persons
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 29 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 | 69 | 84 | 27 | |
| Rank | 601 | 80 | 3,507 | |
| Operating margin | 45.6% | 37.6% | −1,169.9% | |
| Return on assets | 6.1% | 40.2% | −7.7% | |
| Equity ratio | 69.6% | 76.8% | 42.8% | |
| Current ratio | 1.16 | 6.10 | 0.87 | |
| Revenue growth | – | 145.7% | −98.2% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.2 MNOK | 0.4 MNOK | 0.0 MNOK |
| Operating profit | 0.1 MNOK | 0.1 MNOK | −0.1 MNOK |
| Profit before tax | 0.1 MNOK | 0.7 MNOK | −1.1 MNOK |
| Net profit | 0.1 MNOK | 0.6 MNOK | −1.1 MNOK |
| Financial expenses | −0.1 MNOK | 0.1 MNOK | 1.0 MNOK |
| Total assets | 1.3 MNOK | 1.8 MNOK | 0.8 MNOK |
| Current assets | 0.4 MNOK | 0.6 MNOK | 0.1 MNOK |
| Equity | 0.9 MNOK | 1.4 MNOK | 0.4 MNOK |
| Retained earnings | 0.9 MNOK | 1.4 MNOK | 0.3 MNOK |
| Total liabilities | 0.4 MNOK | 0.4 MNOK | 0.5 MNOK |
| Current liabilities | 0.4 MNOK | 0.1 MNOK | 0.2 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6626287.
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