Fjordsafari Norway AS

Org. no. 922944849 · Aurland · Founded 2019 · 37 employees

Score · fiscal year 2025

57of 100

How to read this: the company is ahead of 63 % of companies in the Morning class Small in the same sector in 2025. What does this mean?

Rank in the Morning class Small: 213 of 573 · What are Morning company classes?
Place in the whole sector: 754 of 2,063 · Forretningsmessig tjenesteyting

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 75 and solidity 62 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology

Against the sector

Fjordsafari Norway AS is 7 points above the median for companies in the Morning class Small in the same sector in 2025.

Median score 50 among 573 companies.

Against companies in the Morning class Small in the same sector in 2025: operating margin 11.1% (median 4.2%) and equity ratio 31.6% (median 21.0%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 4 November 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue30 MNOK21 MNOK
Operating margin 11.1% 4.2% 80 %
Profit margin 11.1% 4.1% shown, not part of the index
Return on assets 18.6% 10.5% 69 %
Equity ratio 31.6% 21.0% 64 %
Debt-to-equity 2.16 2.97 60 %
Current ratio 1.11 1.18 44 %
Revenue growth – 6.3% not compared
Revenue per employee0.82 MNOK0.67 MNOK

The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 57, Fjordsafari Norway AS does better than 63% of companies in the Morning class Small in the same sector (573 companies) in 2025.

Over time

Score over time

Score over time needs at least two fiscal years with a score. It will appear when next year's figures are fetched or history is imported.

Summary analysis

Fjordsafari Norway AS has a score of 57 for 2025, rank 754 of 2,063 in the sector.

Strongest: Profitability: percentile 75 against peers, operating margin 11.1% against a median of 4.2%. Solidity: percentile 62 against peers, equity ratio 31.6% against a median of 21.0%.

Weakest: Consistency: percentile 26 against peers.

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

Fjordsafari Norway AS had an operating margin of 11.1% and an equity ratio of 31.6% in 2025, and ranks 754 of 2,063 in Forretningsmessig tjenesteyting.

From 2024 to 2025: the equity ratio fell from 84.9% to 31.6% and went from a loss to a profit before tax.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 7 MNOK and 28 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 2.8 MNOK 10.0 28 MNOK
EV/EBIT Operating profit: 3.4 MNOK
minus net debt 6.3 MNOK
8.0 21 MNOK
P/B Equity: 6.8 MNOK 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

Indications · 2025

Worth a closer look

No rules were triggered for this year.

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

Financial costs were 4.1% 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.

See interest rates, prices and exchange rates for the sector

Data quality

No anomalies found in the figures.

Stress test · 2026

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 −3.2%. Based on the 9 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability75 weight 30%
Solidity62 weight 25%
Liquidity44 weight 15%
Growth– no data, left out
Consistency26 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2025

Questions and answers

How profitable is Fjordsafari Norway AS?

The operating margin was 11.1% in 2025, against a median of 4.2% among companies in the Morning class Small in the same sector. Return on assets was 18.6%.

How solid is Fjordsafari Norway AS?

The equity ratio was 31.6% in 2025 (median 21.0%). Debt-to-equity was 2.16 (median 2.97).

What is the liquidity of Fjordsafari Norway AS like?

The current ratio was 1.11 in 2025 (median 1.18).

How does Fjordsafari Norway AS compare in Forretningsmessig tjenesteyting?

Fjordsafari Norway AS ranks 754 of 2,063 in Forretningsmessig tjenesteyting for 2025. Among companies in the Morning class Small it is number 213 of 573.

From the Central Coordinating Register

Org. no.
922944849
Legal form
AS
Sector
Forretningsmessig tjenesteyting (79.902)
Morning company class
Small
Employees
37 registered 10 October 2026
Founded
10 May 2019 7 years in operation
Share capital
0.10 MNOK
Business address
Nedre Fretheim 9, 5743 FLÅM (AURLAND)
Municipality
Aurland rank 2–6 of 8 in KOSTRA group 17
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

Loading roles …

Source: Central Coordinating Register, fetched 31 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.

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Figures last fetched 4 November 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index––57
Rank––754
Operating margin––11.1%
Return on assets−26.6%−30.6%18.6%
Equity ratio93.6%84.9%31.6%
Current ratio15.636.641.11
Revenue growth–––

Accounts

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

Key figure202320242025
Operating revenue––30.4 MNOK
Operating profit0.0 MNOK0.0 MNOK3.4 MNOK
Profit before tax0.0 MNOK0.0 MNOK3.4 MNOK
Net profit0.0 MNOK0.0 MNOK2.8 MNOK
Financial expenses––0.6 MNOK
Total assets0.0 MNOK0.0 MNOK21.4 MNOK
Current assets0.0 MNOK0.0 MNOK5.0 MNOK
Equity0.0 MNOK0.0 MNOK6.8 MNOK
Retained earnings0.0 MNOK0.0 MNOK4.8 MNOK
Total liabilities0.0 MNOK0.0 MNOK14.6 MNOK
Current liabilities0.0 MNOK0.0 MNOK4.5 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 4 November 2026, accounts id 7113751.