Barstein AS

Org. no. 918634487 · Solund · Founded 2017

Score · fiscal year 2024

57of 100

How to read this: the company is ahead of 63 % of companies in the Morning class Small in the same sector in 2024. What does this mean?

Rank in the Morning class Small: 153 of 417 · What are Morning company classes?
Place in the whole sector: 725 of 1,994 · Sjømat

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 66 and solidity 39 out of 100 among companies in the Morning class Small in the same sector in 2024. Methodology

Against the sector

Barstein AS is 6 points above the median for companies in the Morning class Small in the same sector in 2024.

Median score 51 among 417 companies.

Against companies in the Morning class Small in the same sector in 2024: operating margin 22.0% (median 8.8%) and equity ratio 23.5% (median 29.0%).

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 revenue17 MNOK22 MNOK
Operating margin 22.0% 8.8% 80 %
Profit margin 9.8% 2.9% shown, not part of the index
Return on assets 5.2% 4.9% 52 %
Equity ratio 23.5% 29.0% 42 %
Debt-to-equity 3.25 2.14 36 %
Current ratio 1.20 1.64 35 %
Revenue growth 28.0% 0.6% 80 %

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

With an index of 57, Barstein AS does better than 63% of companies in the Morning class Small in the same sector (417 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Barstein AS
  • Median: companies in the Morning class Small in the same sector
Analysis · 2024

What the numbers say

Barstein AS had an operating margin of 22.0% and an equity ratio of 23.5% in 2024, and ranks 725 of 1,994 in Sjømat.

From 2023 to 2024: the operating margin fell from 34.6% to 22.0% and revenue grew by 28%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 13 MNOK and 18 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 1.3 MNOK 10.0 13 MNOK
EV/EBIT Operating profit: 3.7 MNOK
minus net debt 41.3 MNOK
8.0 debt above value
P/B Equity: 17.7 MNOK 1.0 18 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 · 2024

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 4.0% 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.

See interest rates, prices and exchange rates for the sector

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 −0.5%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability66 weight 30%
Solidity39 weight 25%
Liquidity35 weight 15%
Growth80 weight 15%
Consistency67 weight 15%

Durability: 53 (average over 2 years)

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

2024

Questions and answers

How profitable is Barstein AS?

The operating margin was 22.0% in 2024, against a median of 8.8% among companies in the Morning class Small in the same sector. Return on assets was 5.2%.

How solid is Barstein AS?

The equity ratio was 23.5% in 2024 (median 29.0%). Debt-to-equity was 3.25 (median 2.14).

What is the liquidity of Barstein AS like?

The current ratio was 1.20 in 2024 (median 1.64).

How does Barstein AS compare in Sjømat?

Barstein AS ranks 725 of 1,994 in Sjømat for 2024. Among companies in the Morning class Small it is number 153 of 417. Revenue changed by 28.0% from the year before.

From the Central Coordinating Register

Org. no.
918634487
Legal form
AS
Sector
Sjømat (03.110)
Morning company class
Small
Employees
0–4 (not registered)
Founded
7 February 2017 9 years in operation
Share capital
1.00 MNOK
Business address
Gåsvær 1, 6924 HARDBAKKE (SOLUND)
Municipality
Solund rank 5–19 of 36 in KOSTRA group 15
Latest accounts filed
2025
LEI
894500ON71LG9HTCPB50 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

Loading roles …

Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.

Parent company
Parent does not consolidate the company

Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 31 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.

Report an issue

Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index505742
Rank1,0277251,479
Operating margin34.6%22.0%19.9%
Return on assets7.0%5.2%3.9%
Equity ratio20.7%23.5%19.0%
Current ratio0.991.201.52
Revenue growth–28.0%3.5%

Accounts

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

Key figure202320242025
Operating revenue13.1 MNOK16.8 MNOK17.4 MNOK
Operating profit4.5 MNOK3.7 MNOK3.5 MNOK
Profit before tax3.0 MNOK1.6 MNOK1.8 MNOK
Net profit2.3 MNOK1.3 MNOK1.2 MNOK
Financial expenses2.6 MNOK2.3 MNOK2.1 MNOK
Total assets79.3 MNOK75.3 MNOK99.5 MNOK
Current assets10.1 MNOK9.8 MNOK13.7 MNOK
Equity16.4 MNOK17.7 MNOK18.9 MNOK
Retained earnings13.2 MNOK14.5 MNOK15.7 MNOK
Total liabilities62.8 MNOK57.6 MNOK80.6 MNOK
Current liabilities10.2 MNOK8.1 MNOK9.0 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5891251.