NORSK EDELFISK HAVBRUK AS

Org. no. 921709218 · VESTNES · Founded 2018

Score · fiscal year 2025

46of 100

How to read this: the company is ahead of 44 % of small companies in the same sector in 2025. What does this mean?

Rank: 1,911 of 3,375 · Sjømat

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 42 and solidity 42 out of 100 among small companies in the same sector in 2025. Methodology

Against the sector

NORSK EDELFISK HAVBRUK AS is 3 points below the median for small companies in the same sector in 2025.

Median score 49 among 2,962 companies.

Against small companies in the same sector in 2025: operating margin 1.2% (median 10.0%) and equity ratio 30.7% (median 32.6%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue68 MNOK1 MNOK
Operating margin 1.2% 10.0% 37 %
Profit margin −10.1% 6.7% shown, not part of the index
Return on assets 2.0% 2.7% 48 %
Equity ratio 30.7% 32.6% 48 %
Debt-to-equity 2.26 1.16 36 %
Current ratio 0.25 1.55 15 %
Revenue growth 80.1% 16.0% 82 %

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 46, NORSK EDELFISK HAVBRUK AS does better than 44% of small companies in the same sector (2,988 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • NORSK EDELFISK HAVBRUK AS
  • Median: small companies in the same sector
Summary analysis

NORSK EDELFISK HAVBRUK AS has a score of 46 for 2025, rank 1,911 of 3,375 in the sector.

Strongest: Growth: percentile 82 against peers, revenue growth 80.1% against a median of 16.0%.

Weakest: Liquidity: percentile 15 against peers, current ratio 0.25 against a median of 1.55.

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

NORSK EDELFISK HAVBRUK AS had an operating margin of 1.2% and an equity ratio of 30.7% in 2025, and ranks 1,911 of 3,375 in Sjømat.

From 2024 to 2025: went from a profit to a loss before tax and revenue grew by 80%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 7 MNOK and 84 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −5.3 MNOK 10.0 not meaningful
EV/EBIT Operating profit: 0.8 MNOK
minus net debt −0.1 MNOK
8.0 7 MNOK
P/B Equity: 84.3 MNOK 1.0 84 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 · 2025

Worth a closer look

  • critical

    Consider strengthening liquidity: current liabilities are 4.0 times current assets.

    Based on: Current ratio 0.25 (median 1.55).

  • watch

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

    Based on: Profit margin −10.1% (median 6.7%).

  • 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 80.1% (median 16.0%); Current ratio 0.25 (median 1.55).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

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 −1.7%. Based on the 7 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability42 weight 30%
Solidity42 weight 25%
Liquidity15 weight 15%
Growth82 weight 15%
Consistency58 weight 15%

Durability: 53 (average over 3 years)

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

2025

Questions and answers

How profitable is NORSK EDELFISK HAVBRUK AS?

The operating margin was 1.2% in 2025, against a median of 10.0% among small companies in the same sector. Return on assets was 2.0%. The company made a loss before tax.

How solid is NORSK EDELFISK HAVBRUK AS?

The equity ratio was 30.7% in 2025 (median 32.6%). Debt-to-equity was 2.26 (median 1.16).

What is the liquidity of NORSK EDELFISK HAVBRUK AS like?

The current ratio was 0.25 in 2025 (median 1.55). Current assets did not cover current liabilities.

How does NORSK EDELFISK HAVBRUK AS compare in Sjømat?

NORSK EDELFISK HAVBRUK AS ranks 1,911 of 3,375 in Sjømat for 2025. Among companies of the same size (small companies) it ranks 1,662 of 2,988. Revenue changed by 80.1% from the year before.

Group accounts

The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.

Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.

We do not show the group structure, because open data does not say who owns whom.

From the Central Coordinating Register

Org. no.
921709218
Legal form
AS · part of a group
Sector
Sjømat (03.211)
Size tier
small
Employees
0–4 (not registered)
Founded
23 October 2018 8 years in operation
Share capital
0.06 MNOK
Business address
Daugstadvegen 445, 6392 VIKEBUKT (VESTNES)
Municipality
Vestnes rank 11–29 of 39 in KOSTRA group 4
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
Øyvind Våge
Chair of the board
Bjørn-Vegard Løvik
Auditor
TELL NORGE AS
Accountant
PRAVDA ACCOUNTING 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 · 2023–2025

Key figure202320242025Trend
Index615146
Rank8871,4491,911
Operating margin10.0%8.0%1.2%
Return on assets13.5%3.1%2.0%
Equity ratio34.6%44.3%30.7%
Current ratio3.511.220.25
Revenue growth–−38.8%80.1%

Accounts

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

Key figure202320242025
Operating revenue62.0 MNOK38.0 MNOK68.4 MNOK
Operating profit6.2 MNOK3.0 MNOK0.8 MNOK
Profit before tax5.5 MNOK2.4 MNOK−6.9 MNOK
Net profit4.4 MNOK1.9 MNOK−5.3 MNOK
Financial expenses2.7 MNOK3.6 MNOK12.4 MNOK
Total assets60.8 MNOK196.5 MNOK274.4 MNOK
Current assets44.2 MNOK75.4 MNOK18.9 MNOK
Equity21.0 MNOK87.1 MNOK84.3 MNOK
Retained earnings12.9 MNOK13.3 MNOK10.4 MNOK
Total liabilities39.8 MNOK109.4 MNOK190.1 MNOK
Current liabilities12.6 MNOK61.8 MNOK76.4 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7204224.