ARCTIC SEAFARM AS
Score · fiscal year 2025
63of 100
How to read this: the company is ahead of 79 % of small companies in the same sector in 2025. What does this mean?
Rank: 881 of 4,158 · Sjømat
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 38 and solidity 92 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
ARCTIC SEAFARM AS is 13 points above 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 −7.3% (median 9.9%) and equity ratio 98.1% (median 36.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 18 MNOK | 2 MNOK |
| Operating margin | −7.3% | 9.9% |
| Profit margin | −8.2% | 6.6% |
| Return on assets | 2.4% | 3.1% |
| Equity ratio | 98.1% | 36.4% |
| Debt-to-equity | 0.02 | 1.03 |
| Current ratio | 4.24 | 1.66 |
| Revenue growth | 88.3% | 13.5% |
| Revenue per employee | 3.04 MNOK | 1.95 MNOK |
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 63, ARCTIC SEAFARM AS does better than 79% of small companies in the same sector (3,639 companies) in 2025.
Score 2023–2025
- ARCTIC SEAFARM AS
- Median: small companies in the same sector
ARCTIC SEAFARM AS has a score of 63 for 2025, rank 881 of 4,158 in the sector.
Strongest: Solidity: percentile 92 against peers, equity ratio 98.1% against a median of 36.4%. Growth: percentile 85 against peers, revenue growth 88.3% against a median of 13.5%.
Weakest: Consistency: percentile 34 against peers. Profitability: percentile 38 against peers, operating margin −7.3% against a median of 9.9%.
Worth a closer look
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −8.2% (median 6.6%).
- What lies behind weak consistency, 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
ARCTIC SEAFARM AS had an operating margin of −7.3% and an equity ratio of 98.1% in 2025, and ranks 881 of 4,158 in Sjømat.
From 2024 to 2025: the operating margin rose from −32.9% to −7.3% and revenue grew by 88%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 16 MNOK and 1,708 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 16 MNOK |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 1,708 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
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −8.2% (median 6.6%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 132.4% 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
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 | 38 | weight 30% |
|---|---|---|
| Solidity | 92 | weight 25% |
| Liquidity | 74 | weight 15% |
| Growth | 85 | weight 15% |
| Consistency | 34 | weight 15% |
Durability: 62 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is ARCTIC SEAFARM AS?
The operating margin was −7.3% in 2025, against a median of 9.9% among small companies in the same sector. Return on assets was 2.4%. The company made a loss before tax.
How solid is ARCTIC SEAFARM AS?
The equity ratio was 98.1% in 2025 (median 36.4%). Debt-to-equity was 0.02 (median 1.03).
What is the liquidity of ARCTIC SEAFARM AS like?
The current ratio was 4.24 in 2025 (median 1.66).
How does ARCTIC SEAFARM AS compare in Sjømat?
ARCTIC SEAFARM AS ranks 881 of 4,158 in Sjømat for 2025. Among companies of the same size (small companies) it ranks 775 of 3,639. Revenue changed by 88.3% from the year before.
Group accounts · 2023
33 of 100
Rank 1523 of 1951 groups with group accounts. Groups are ranked only against each other, not against single companies.
- Operating revenue, group
- 0 MNOK
- Operating profit, group
- −4 MNOK
- Profit before tax, group
- −4 MNOK
- Total assets, group
- 96 MNOK
- Equity, group
- 75 MNOK
| Key figure | The group | The company alone (2025) |
|---|---|---|
| Operating margin | −8,446.0% | – |
| Return on assets | −3.8% | – |
| Equity ratio | 78.3% | – |
| Current ratio | 0.25 | – |
| Revenue growth | – | – |
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.
- 919481374
- Legal form
- AS
- Sector
- Sjømat (03.211)
- Size tier
- small
- Employees
- 6 registered 10 October 2025
- Founded
- 7 August 2017 9 years in operation
- Share capital
- 2.58 MNOK
- Business address
- Industrivegen 1, 8704 NESNASTRANDA
- Municipality
- Nesna rank 1–17 of 36 in KOSTRA group 15
- Latest accounts filed
- 2025
- LEI
- 894500O3N2UY6UWOLP32 renews 20 April 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
- Magnus Kibsgaard
- Chair of the board
- Magnus Kibsgaard
- Board member
- Carsten Rimer
- Auditor
- HELGELAND REVISJON AS
- Accountant
- ØKONOMENE 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 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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 51 | 71 | 63 | |
| Rank | 1,791 | 475 | 881 | |
| Operating margin | −7,797.3% | −32.9% | −7.3% | |
| Return on assets | −3.6% | 0.3% | 2.4% | |
| Equity ratio | 82.6% | 99.4% | 98.1% | |
| Current ratio | 5.62 | 23.25 | 4.24 | |
| Revenue growth | – | 22,333.5% | 88.3% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.0 MNOK | 9.7 MNOK | 18.2 MNOK |
| Operating profit | −3.4 MNOK | −3.2 MNOK | −1.3 MNOK |
| Profit before tax | −3.4 MNOK | −4.8 MNOK | −1.5 MNOK |
| Net profit | −3.4 MNOK | −4.4 MNOK | 1.6 MNOK |
| Financial expenses | 0.1 MNOK | 6.1 MNOK | 44.0 MNOK |
| Total assets | 93.3 MNOK | 492.6 MNOK | 1,741.7 MNOK |
| Current assets | 91.0 MNOK | 70.5 MNOK | 141.0 MNOK |
| Equity | 77.1 MNOK | 489.6 MNOK | 1,708.4 MNOK |
| Retained earnings | – | – | 1.6 MNOK |
| Total liabilities | 16.2 MNOK | 3.0 MNOK | 33.2 MNOK |
| Current liabilities | 16.2 MNOK | 3.0 MNOK | 33.2 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6924482.
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