LANCE AS
Score · fiscal year 2023
40of 100
How to read this: the company is ahead of 34 % of small companies in the same sector in 2023. What does this mean?
Rank: 1,947 of 2,944 · Sjømat
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 20 and solidity 81 out of 100 among small companies in the same sector in 2023. Methodology
Against the sector
LANCE AS is 10 points below the median for small companies in the same sector in 2023.
Median score 50 among 2,601 companies.
Against small companies in the same sector in 2023: operating margin −25.1% (median 9.2%) and equity ratio 84.6% (median 32.5%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 3 MNOK | 2 MNOK |
| Operating margin | −25.1% | 9.2% |
| Profit margin | −25.1% | 5.0% |
| Return on assets | −9.1% | 2.0% |
| Equity ratio | 84.6% | 32.5% |
| Debt-to-equity | 0.18 | 1.20 |
| Current ratio | 0.41 | 1.52 |
| Revenue growth | – | 10.0% |
The median and “ahead of” refer to small companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 40, LANCE AS does better than 34% of small companies in the same sector (2,603 companies) in 2023.
Score 2023–2025
- LANCE AS
- Median: small companies in the same sector
What the numbers say
LANCE AS had an operating margin of −25.1% and an equity ratio of 84.6% in 2023, and ranks 1,947 of 2,944 in Sjømat.
This text is generated automatically from the 2023 accounts.
Three simple methods
One method gives a figure: 7 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 7 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
- critical
Consider strengthening liquidity: current liabilities are 2.4 times current assets.
Based on: Current ratio 0.41 (median 1.52).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −25.1% (median 5.0%).
- 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 −25.1% (median 9.2%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
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 −1.7%. Based on the 7 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 20 | weight 30% |
|---|---|---|
| Solidity | 81 | weight 25% |
| Liquidity | 20 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 29 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is LANCE AS?
The operating margin was −25.1% in 2023, against a median of 9.2% among small companies in the same sector. Return on assets was −9.1%. The company made a loss before tax.
How solid is LANCE AS?
The equity ratio was 84.6% in 2023 (median 32.5%). Debt-to-equity was 0.18 (median 1.20).
What is the liquidity of LANCE AS like?
The current ratio was 0.41 in 2023 (median 1.52). Current assets did not cover current liabilities.
How does LANCE AS compare in Sjømat?
LANCE AS ranks 1,947 of 2,944 in Sjømat for 2023. Among companies of the same size (small companies) it ranks 1,711 of 2,603.
From the Central Coordinating Register
- Org. no.
- 920140203
- Legal form
- AS
- Sector
- Sjømat (03.110)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 21 November 2017 8 years in operation
- Share capital
- 2.94 MNOK
- Business address
- Lanes Senter, Strandvegen 106, 9006 TROMSØ
- Municipality
- Tromsø rank 5–9 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
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
- Signe Nina Helen Korneliussen
- Chair of the board
- Bengt Are Korneliussen
- Board member
- Signe Nina Helen Korneliussen
- Board member
- Stein-Are Blæss Paulsen
- Auditor
- REVICOM AS
- Accountant
- AIDER 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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 40 | 62 | 52 | |
| Rank | 1,947 | 850 | 1,469 | |
| Operating margin | −25.1% | 13.5% | −7.2% | |
| Return on assets | −9.1% | 4.8% | −4.1% | |
| Equity ratio | 84.6% | 93.3% | 89.9% | |
| Current ratio | 0.41 | 0.81 | 0.83 | |
| Revenue growth | – | −8.9% | 64.7% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 2.8 MNOK | 2.6 MNOK | 4.3 MNOK |
| Operating profit | −0.7 MNOK | 0.4 MNOK | −0.3 MNOK |
| Profit before tax | −0.7 MNOK | 0.3 MNOK | −0.3 MNOK |
| Net profit | −0.7 MNOK | 0.3 MNOK | −0.2 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 7.8 MNOK | 7.4 MNOK | 7.4 MNOK |
| Current assets | 0.5 MNOK | 0.3 MNOK | 0.6 MNOK |
| Equity | 6.6 MNOK | 6.9 MNOK | 6.6 MNOK |
| Retained earnings | −0.4 MNOK | −0.1 MNOK | −0.4 MNOK |
| Total liabilities | 1.2 MNOK | 0.5 MNOK | 0.7 MNOK |
| Current liabilities | 1.2 MNOK | 0.4 MNOK | 0.7 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5044501.
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