OLDERFJORD AS
Score · fiscal year 2025
39of 100
How to read this: the company is ahead of 28 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?
Rank in the Morning class Micro: 877 of 1,211 · What are Morning company classes?
Place in the whole sector: 1,633 of 2,232 · Sjømat
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 41 and solidity 17 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology
Against the sector
OLDERFJORD AS is 11 points below the median for companies in the Morning class Micro in the same sector in 2025.
Median score 50 among 1,211 companies.
Against companies in the Morning class Micro in the same sector in 2025: operating margin 3.7% (median 13.5%) and equity ratio 9.1% (median 34.7%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 5 MNOK | 3 MNOK |
| Operating margin | 3.7% | 13.5% |
| Profit margin | 0.4% | 9.8% |
| Return on assets | 7.3% | 7.3% |
| Equity ratio | 9.1% | 34.7% |
| Debt-to-equity | 9.95 | 1.44 |
| Current ratio | 0.47 | 1.72 |
| Revenue growth | 75.3% | 23.4% |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 39, OLDERFJORD AS does better than 28% of companies in the Morning class Micro in the same sector (1,211 companies) in 2025.
Score 2023–2025
- OLDERFJORD AS
- Median: companies in the Morning class Micro in the same sector
OLDERFJORD AS has a score of 39 for 2025, rank 1,633 of 2,232 in the sector.
Strongest: Growth: percentile 80 against peers, revenue growth 75.3% against a median of 23.4%.
Weakest: Liquidity: percentile 16 against peers, current ratio 0.47 against a median of 1.72. Solidity: percentile 17 against peers, equity ratio 9.1% against a median of 34.7%.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 2.1 times current assets. Based on: current ratio 0.47 (median 1.72).
- The equity ratio is very low. Could the company absorb a bad year, and does it need more equity? Based on: equity ratio 9.1% (median 34.7%).
- Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have? Based on: revenue growth 75.3% (median 23.4%); current ratio 0.47 (median 1.72).
- What lies behind weak solidity, 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
OLDERFJORD AS had an operating margin of 3.7% and an equity ratio of 9.1% in 2025, and ranks 1,633 of 2,232 in Sjømat.
From 2024 to 2025: revenue grew by 75% and the operating margin fell from 8.7% to 3.7%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 0 MNOK and 2 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 0 MNOK |
| EV/EBIT | 8.0 | 2 MNOK |
| 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
- critical
Consider strengthening liquidity: current liabilities are 2.1 times current assets.
Based on: Current ratio 0.47 (median 1.72).
- watch
The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?
Based on: Equity ratio 9.1% (median 34.7%).
- watch
Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?
Based on: Revenue growth 75.3% (median 23.4%); Current ratio 0.47 (median 1.72).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 7.3% 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 −0.5%. 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 | 41 | weight 30% |
|---|---|---|
| Solidity | 17 | weight 25% |
| Liquidity | 16 | weight 15% |
| Growth | 80 | weight 15% |
| Consistency | 54 | weight 15% |
Durability: 31 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is OLDERFJORD AS?
The operating margin was 3.7% in 2025, against a median of 13.5% among companies in the Morning class Micro in the same sector. Return on assets was 7.3%.
How solid is OLDERFJORD AS?
The equity ratio was 9.1% in 2025 (median 34.7%). Debt-to-equity was 9.95 (median 1.44).
What is the liquidity of OLDERFJORD AS like?
The current ratio was 0.47 in 2025 (median 1.72). Current assets did not cover current liabilities.
How does OLDERFJORD AS compare in Sjømat?
OLDERFJORD AS ranks 1,633 of 2,232 in Sjømat for 2025. Among companies in the Morning class Micro it is number 877 of 1,211. Revenue changed by 75.3% from the year before.
From the Central Coordinating Register
- Org. no.
- 920947891
- Legal form
- AS
- Sector
- Sjømat (03.110)
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 13 May 2018 8 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Bekkefaret 2, 9180 SKJERVØY
- Municipality
- Skjervøy rank 15–26 of 28 in KOSTRA group 6
- Audit
- Audit opted out from 12 June 2018
- Latest accounts filed
- 2025
- LEI
- 636700KBTJ88EIQTWM18 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
- Jan Hugo Eriksen
- Chair of the board
- Jan Hugo Eriksen
- Accountant
- SKARVEN REGNSKAP 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 | 17 | 37 | 39 | |
| Rank | 1,910 | 1,438 | 1,633 | |
| Operating margin | −6.5% | 8.7% | 3.7% | |
| Return on assets | −6.6% | 9.7% | 7.3% | |
| Equity ratio | 5.3% | 8.9% | 9.1% | |
| Current ratio | 0.62 | 0.79 | 0.47 | |
| Revenue growth | – | −25.4% | 75.3% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 3.5 MNOK | 2.6 MNOK | 4.6 MNOK |
| Operating profit | −0.2 MNOK | 0.2 MNOK | 0.2 MNOK |
| Profit before tax | −0.3 MNOK | 0.1 MNOK | 0.0 MNOK |
| Net profit | −0.3 MNOK | 0.1 MNOK | 0.0 MNOK |
| Financial expenses | 0.2 MNOK | 0.2 MNOK | 0.2 MNOK |
| Total assets | 2.9 MNOK | 2.7 MNOK | 2.7 MNOK |
| Current assets | 0.5 MNOK | 0.6 MNOK | 0.4 MNOK |
| Equity | 0.2 MNOK | 0.2 MNOK | 0.2 MNOK |
| Retained earnings | 0.1 MNOK | 0.2 MNOK | 0.2 MNOK |
| Total liabilities | 2.8 MNOK | 2.5 MNOK | 2.4 MNOK |
| Current liabilities | 0.8 MNOK | 0.7 MNOK | 0.9 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6510769.
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