OCEAN ADVENTURES AS
Score · fiscal year 2025
50of 100
How to read this: the company is ahead of 51 % of small companies in the same sector in 2025. What does this mean?
Rank: 980 of 2,035 · Sjøfart
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 68 and solidity 24 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
OCEAN ADVENTURES AS is at the median for small companies in the same sector in 2025.
Median score 50 among 1,468 companies.
Against small companies in the same sector in 2025: operating margin 29.2% (median 8.4%) and equity ratio 20.9% (median 51.2%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 1 MNOK | 5 MNOK |
| Operating margin | 29.2% | 8.4% |
| Profit margin | 21.7% | 9.2% |
| Return on assets | 7.9% | 3.4% |
| Equity ratio | 20.9% | 51.2% |
| Debt-to-equity | 3.79 | 0.67 |
| Current ratio | 0.61 | 1.77 |
| Revenue growth | 156.9% | 1.2% |
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 50, OCEAN ADVENTURES AS does better than 51% of small companies in the same sector (1,475 companies) in 2025.
Score 2023–2025
- OCEAN ADVENTURES AS
- Median: small companies in the same sector
OCEAN ADVENTURES AS has a score of 50 for 2025, rank 980 of 2,035 in the sector.
Strongest: Growth: percentile 94 against peers, revenue growth 156.9% against a median of 1.2%. Profitability: percentile 68 against peers, operating margin 29.2% against a median of 8.4%.
Weakest: Liquidity: percentile 24 against peers, current ratio 0.61 against a median of 1.77. Solidity: percentile 24 against peers, equity ratio 20.9% against a median of 51.2%.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 1.6 times current assets. Based on: current ratio 0.61 (median 1.77).
- Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have? Based on: revenue growth 156.9% (median 1.2%); current ratio 0.61 (median 1.77).
- 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
OCEAN ADVENTURES AS had an operating margin of 29.2% and an equity ratio of 20.9% in 2025, and ranks 980 of 2,035 in Sjøfart.
From 2024 to 2025: revenue grew by 157% and went from a loss to a profit before tax.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 1 MNOK and 2 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 2 MNOK |
| EV/EBIT | 8.0 | 2 MNOK |
| P/B | 1.0 | 1 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
- watch
Consider strengthening liquidity: current liabilities are 1.6 times current assets.
Based on: Current ratio 0.61 (median 1.77).
- 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 156.9% (median 1.2%); Current ratio 0.61 (median 1.77).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 2.6% 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 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 | 68 | weight 30% |
|---|---|---|
| Solidity | 24 | weight 25% |
| Liquidity | 24 | weight 15% |
| Growth | 94 | weight 15% |
| Consistency | 42 | weight 15% |
Durability: 36 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is OCEAN ADVENTURES AS?
The operating margin was 29.2% in 2025, against a median of 8.4% among small companies in the same sector. Return on assets was 7.9%.
How solid is OCEAN ADVENTURES AS?
The equity ratio was 20.9% in 2025 (median 51.2%). Debt-to-equity was 3.79 (median 0.67).
What is the liquidity of OCEAN ADVENTURES AS like?
The current ratio was 0.61 in 2025 (median 1.77). Current assets did not cover current liabilities.
How does OCEAN ADVENTURES AS compare in Sjøfart?
OCEAN ADVENTURES AS ranks 980 of 2,035 in Sjøfart for 2025. Among companies of the same size (small companies) it ranks 722 of 1,475. Revenue changed by 156.9% from the year before.
From the Central Coordinating Register
- Org. no.
- 924545143
- Legal form
- AS
- Sector
- Sjøfart (50.109)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 27 January 2020 6 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Bergsveien 22, 9403 HARSTAD
- Municipality
- Harstad rank 9–22 of 27 in KOSTRA group 9
- Audit
- Audit opted out from 5 February 2020
- 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
- Morten Myhre
- Chair of the board
- Morten Myhre
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 | 16 | 41 | 50 | |
| Rank | 1,640 | 1,307 | 980 | |
| Operating margin | −96.6% | 21.0% | 29.2% | |
| Return on assets | −6.0% | 5.1% | 7.9% | |
| Equity ratio | 5.2% | 4.0% | 20.9% | |
| Current ratio | 0.13 | 0.05 | 0.61 | |
| Revenue growth | – | 270.7% | 156.9% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.1 MNOK | 0.3 MNOK | 0.9 MNOK |
| Operating profit | −0.1 MNOK | 0.1 MNOK | 0.3 MNOK |
| Profit before tax | −0.1 MNOK | 0.0 MNOK | 0.2 MNOK |
| Net profit | −0.1 MNOK | 0.0 MNOK | 0.2 MNOK |
| Financial expenses | 0.0 MNOK | 0.1 MNOK | 0.1 MNOK |
| Total assets | 1.5 MNOK | 1.4 MNOK | 3.2 MNOK |
| Current assets | 0.1 MNOK | 0.0 MNOK | 0.9 MNOK |
| Equity | 0.1 MNOK | 0.1 MNOK | 0.7 MNOK |
| Retained earnings | −0.1 MNOK | −0.1 MNOK | 0.1 MNOK |
| Total liabilities | 1.4 MNOK | 1.3 MNOK | 2.5 MNOK |
| Current liabilities | 0.7 MNOK | 1.0 MNOK | 1.5 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6947630.
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