SAF INVEST II AS
Score · fiscal year 2023
41of 100
How to read this: the company is ahead of 36 % of small companies in the same sector in 2023. What does this mean?
Rank: 865 of 1,337 · Sjøfart
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 93 and solidity 0 out of 100 among small companies in the same sector in 2023. Methodology
Against the sector
SAF INVEST II AS is 8 points below the median for small companies in the same sector in 2023.
Median score 49 among 996 companies.
Against small companies in the same sector in 2023: operating margin 99.2% (median 9.1%) and equity ratio −114.4% (median 51.1%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 4 MNOK | 4 MNOK |
| Operating margin | 99.2% | 9.1% |
| Profit margin | 71.5% | 7.7% |
| Return on assets | 29.8% | 3.3% |
| Equity ratio | −114.4% | 51.1% |
| Debt-to-equity | – | 0.56 |
| Current ratio | 1.06 | 1.75 |
| Revenue growth | – | 24.8% |
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 41, SAF INVEST II AS does better than 36% of small companies in the same sector (997 companies) in 2023.
Score 2023–2025
- SAF INVEST II AS
- Median: small companies in the same sector
What the numbers say
SAF INVEST II AS had an operating margin of 99.2% and an equity ratio of −114.4% in 2023, and ranks 865 of 1,337 in Sjøfart.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 4 MNOK and 26 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 26 MNOK |
| EV/EBIT | 8.0 | 4 MNOK |
| P/B | 1.0 | not meaningful |
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
Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?
Based on: Equity ratio −114.4% (median 51.1%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
- critical Negative equity
Scenario analysis: the sector's weakest year
We have no accounts for 2026, the sector's weakest year, for this company.
The sector's weakest year was 2026, with a median operating margin of 6.1%. 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 | 93 | weight 30% |
|---|---|---|
| Solidity | 0 | weight 25% |
| Liquidity | 36 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 12 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is SAF INVEST II AS?
The operating margin was 99.2% in 2023, against a median of 9.1% among small companies in the same sector. Return on assets was 29.8%.
How solid is SAF INVEST II AS?
The equity ratio was −114.4% in 2023 (median 51.1%). Equity is negative, so liabilities exceed assets.
What is the liquidity of SAF INVEST II AS like?
The current ratio was 1.06 in 2023 (median 1.75).
How does SAF INVEST II AS compare in Sjøfart?
SAF INVEST II AS ranks 865 of 1,337 in Sjøfart for 2023. Among companies of the same size (small companies) it ranks 643 of 997.
From the Central Coordinating Register
- Org. no.
- 922602492
- Legal form
- AS
- Sector
- Sjøfart (50.203)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 26 February 2019 7 years in operation
- Share capital
- 0.07 MNOK
- Business address
- Notenesgata 14, 6002 ÅLESUND
- Municipality
- Ålesund rank 2–6 of 10 in KOSTRA group 11
- 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
- Chair of the board
- Sverre Andreas Farstad
- Board member
- Svein Leon Aure
- Auditor
- CEDRA NORGE AS
- Accountant
- ENORA 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 | 41 | 49 | 58 | |
| Rank | 865 | 748 | 508 | |
| Operating margin | 99.2% | 96.7% | – | |
| Return on assets | 29.8% | 9.6% | 25.5% | |
| Equity ratio | −114.4% | −71.8% | 48.6% | |
| Current ratio | 1.06 | 30.49 | 0.09 | |
| Revenue growth | – | −48.6% | – |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 4.1 MNOK | 2.1 MNOK | – |
| Operating profit | 4.1 MNOK | 2.0 MNOK | 3.1 MNOK |
| Profit before tax | 2.9 MNOK | 0.5 MNOK | 6.8 MNOK |
| Net profit | 2.6 MNOK | 0.4 MNOK | 6.8 MNOK |
| Financial expenses | 1.1 MNOK | 1.5 MNOK | 1.0 MNOK |
| Total assets | 13.7 MNOK | 21.2 MNOK | 30.5 MNOK |
| Current assets | 0.5 MNOK | 4.6 MNOK | 0.4 MNOK |
| Equity | −15.6 MNOK | −15.2 MNOK | 14.8 MNOK |
| Retained earnings | −15.7 MNOK | −15.3 MNOK | −8.6 MNOK |
| Total liabilities | 29.3 MNOK | 36.5 MNOK | 15.7 MNOK |
| Current liabilities | 0.5 MNOK | 0.2 MNOK | 5.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5029473.
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