BASE MARINE NORWAY AS

Org. no. 918617949 · OSLO · Founded 2016

Accounts for 2025 are missing. The deadline was 31 July 2026. The Brønnøysund Register Centre does not publish when accounts arrived, only the latest year filed.

Score · fiscal year 2024

13of 100

How to read this: the company is ahead of 7 % of small companies in the same sector in 2024. What does this mean?

Rank: 1,217 of 1,286 · Sjøfart

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 15 and solidity 0 out of 100 among small companies in the same sector in 2024. Methodology

Against the sector

BASE MARINE NORWAY AS is 37 points below the median for small companies in the same sector in 2024.

Median score 50 among 945 companies.

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating margin – 6.5% not compared
Profit margin – 4.9% shown, not part of the index
Return on assets −12.1% 2.2% 15 %
Equity ratio −73.1% 48.8% 9 %
Debt-to-equity – 0.52 not compared
Current ratio 0.34 1.54 20 %
Revenue growth – 6.4% not compared

The median and “ahead of” refer to small companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 13, BASE MARINE NORWAY AS does better than 7% of small companies in the same sector (946 companies) in 2024.

Over time

Score 2022–2024

CompanyMedian0255075100202220232024
  • BASE MARINE NORWAY AS
  • Median: small companies in the same sector
Analysis · 2024

What the numbers say

BASE MARINE NORWAY AS had an operating margin of – and an equity ratio of −73.1% in 2024, and ranks 1,217 of 1,286 in Sjøfart.

From 2023 to 2024: the equity ratio fell from −9.3% to −73.1% and went from a profit to a loss before tax.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

MethodInputMultipleEstimate
P/E Net profit: −56.5 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −13.2 MNOK 8.0 not meaningful
P/B Equity: −70.7 MNOK 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

Indications · 2024

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 −73.1% (median 48.8%).

  • critical

    Consider strengthening liquidity: current liabilities are 3.0 times current assets.

    Based on: Current ratio 0.34 (median 1.54).

  • watch

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin – (median 4.9%).

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
  • critical Negative equity
Stress test · 2026

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

Components · 2024

What the score is made of

Profitability15 weight 30%
Solidity0 weight 25%
Liquidity20 weight 15%
Growth– no data, left out
Consistency22 weight 15%

Durability: 19 (average over 3 years)

Index version 2. Data completeness 85%: the share of the weights that had data.

2024

Questions and answers

How profitable is BASE MARINE NORWAY AS?

The operating margin was – in 2024, against a median of 6.5% among small companies in the same sector. Return on assets was −12.1%. The company made a loss before tax.

How solid is BASE MARINE NORWAY AS?

The equity ratio was −73.1% in 2024 (median 48.8%). Equity is negative, so liabilities exceed assets.

What is the liquidity of BASE MARINE NORWAY AS like?

The current ratio was 0.34 in 2024 (median 1.54). Current assets did not cover current liabilities.

How does BASE MARINE NORWAY AS compare in Sjøfart?

BASE MARINE NORWAY AS ranks 1,217 of 1,286 in Sjøfart for 2024. Among companies of the same size (small companies) it ranks 883 of 946.

Group accounts · 2023

97 of 100

Rank 2 of 962 groups with group accounts. Groups are ranked only against each other, not against single companies.

Key figures in the group accounts against the company's own accounts
Key figureThe groupThe company alone (2024)
Operating margin63.4% –
Return on assets215.9% –
Equity ratio96.9% –
Current ratio25.31 –
Revenue growth227.4% –

Group index in earlier years: 2022: 1 (15 of 15).

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 2023 (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.
918617949
Legal form
AS
Sector
Sjøfart (50.201)
Size tier
small
Employees
0–4 (not registered)
Founded
23 November 2016 9 years in operation
Share capital
0.03 MNOK
Business address
Karenslyst allé 2, 0278 OSLO
Municipality
Oslo rank 23–283 of 357 in Norway
Latest accounts filed
2024

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
Haavard Myhr Eggen
Auditor
KPMG 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 · 2022–2024

Key figure202220232024Trend
Index192513
Rank219961,217
Operating margin−79.8%3.2%–
Return on assets−30.6%2.0%−12.1%
Equity ratio−31.5%−9.3%−73.1%
Current ratio1.080.570.34
Revenue growth–7.4%–

Accounts

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

Key figure202220232024
Operating revenue62.9 MNOK67.5 MNOK–
Operating profit−50.2 MNOK2.1 MNOK−13.2 MNOK
Profit before tax−50.3 MNOK1.2 MNOK−56.2 MNOK
Net profit−50.4 MNOK0.3 MNOK−56.5 MNOK
Financial expenses3.6 MNOK1.8 MNOK44.5 MNOK
Total assets152.6 MNOK153.4 MNOK96.7 MNOK
Current assets98.1 MNOK95.9 MNOK56.3 MNOK
Equity−48.0 MNOK−14.2 MNOK−70.7 MNOK
Retained earnings−48.0 MNOK−14.3 MNOK−70.7 MNOK
Total liabilities200.5 MNOK167.6 MNOK167.3 MNOK
Current liabilities90.5 MNOK167.6 MNOK167.3 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6392565.

Similar companies