MISJE ECOBULK AS
Score · fiscal year 2025
36of 100
How to read this: the company is ahead of 20 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 796 of 1,014 · Sjøfart
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 28 and solidity 31 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
MISJE ECOBULK AS is 13 points below the median for medium-sized companies in the same sector in 2025.
Median score 49 among 272 companies.
Against medium-sized companies in the same sector in 2025: operating margin 13.8% (median 22.9%) and equity ratio 22.9% (median 36.2%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 272 MNOK | 204 MNOK |
| Operating margin | 13.8% | 22.9% |
| Profit margin | −1.3% | 13.4% |
| Return on assets | 4.5% | 10.1% |
| Equity ratio | 22.9% | 36.2% |
| Debt-to-equity | 3.37 | 1.69 |
| Current ratio | 0.23 | 1.34 |
| Revenue growth | 39.9% | 2.4% |
The median and “ahead of” refer to medium-sized companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 36, MISJE ECOBULK AS does better than 20% of medium-sized companies in the same sector (272 companies) in 2025.
Score 2023–2025
- MISJE ECOBULK AS
- Median: medium-sized companies in the same sector
MISJE ECOBULK AS has a score of 36 for 2025, rank 796 of 1,014 in the sector.
Strongest: Growth: percentile 81 against peers, revenue growth 39.9% against a median of 2.4%.
Weakest: Liquidity: percentile 5 against peers, current ratio 0.23 against a median of 1.34. Profitability: percentile 28 against peers, operating margin 13.8% against a median of 22.9%.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 4.3 times current assets. Based on: current ratio 0.23 (median 1.34).
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −1.3% (median 13.4%).
- Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have? Based on: revenue growth 39.9% (median 2.4%); current ratio 0.23 (median 1.34).
- What lies behind weak profitability, 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
MISJE ECOBULK AS had an operating margin of 13.8% and an equity ratio of 22.9% in 2025, and ranks 796 of 1,014 in Sjøfart.
From 2024 to 2025: went from a profit to a loss before tax and revenue grew by 40%.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 24 MEUR.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | debt above value |
| P/B | 1.0 | 24 MEUR |
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 4.3 times current assets.
Based on: Current ratio 0.23 (median 1.34).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −1.3% (median 13.4%).
- 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 39.9% (median 2.4%); Current ratio 0.23 (median 1.34).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 6.2% 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
- watch Reports in a currency other than NOK
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 5.1%. 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 | 28 | weight 30% |
|---|---|---|
| Solidity | 31 | weight 25% |
| Liquidity | 5 | weight 15% |
| Growth | 81 | weight 15% |
| Consistency | 44 | weight 15% |
Durability: 32 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is MISJE ECOBULK AS?
The operating margin was 13.8% in 2025, against a median of 22.9% among medium-sized companies in the same sector. Return on assets was 4.5%. The company made a loss before tax.
How solid is MISJE ECOBULK AS?
The equity ratio was 22.9% in 2025 (median 36.2%). Debt-to-equity was 3.37 (median 1.69).
What is the liquidity of MISJE ECOBULK AS like?
The current ratio was 0.23 in 2025 (median 1.34). Current assets did not cover current liabilities.
How does MISJE ECOBULK AS compare in Sjøfart?
MISJE ECOBULK AS ranks 796 of 1,014 in Sjøfart for 2025. Among companies of the same size (medium-sized companies) it ranks 219 of 272. Revenue changed by 39.9% from the year before.
From the Central Coordinating Register
- Org. no.
- 924716541
- Legal form
- AS
- Sector
- Sjøfart (50.201)
- Size tier
- medium
- Employees
- 0–4 (not registered)
- Founded
- 24 February 2020 6 years in operation
- Share capital
- 260.30 MNOK
- Business address
- C. Sundts gate 39, 5004 BERGEN
- Municipality
- Bergen rank 8 of 11 in KOSTRA group 12
- 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
- Roald Misje
- Chair of the board
- Roald Misje
- Board member
- Anne Misje
- Auditor
- CEDRA NORGE AS
Source: Central Coordinating Register, fetched 29 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 | 27 | 32 | 36 | |
| Rank | 748 | 795 | 796 | |
| Operating margin | 16.1% | 14.1% | 13.8% | |
| Return on assets | 4.6% | 5.0% | 4.5% | |
| Equity ratio | 18.2% | 16.6% | 22.9% | |
| Current ratio | 0.24 | 0.33 | 0.23 | |
| Revenue growth | – | 124.7% | 39.9% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (EUR). Revenue in NOK is converted from EUR at the mean rate for the accounting period 1 January 2025–31 December 2025: 11.7177 (norges_bank). Balance-sheet amounts use the rate on the balance-sheet date. Ratios and growth are computed in EUR. Exchange rates at Norges Bank
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 7.4 MEUR | 16.6 MEUR | 23.2 MEUR |
| Operating profit | 1.2 MEUR | 2.3 MEUR | 3.2 MEUR |
| Profit before tax | 0.3 MEUR | 0.4 MEUR | −0.3 MEUR |
| Net profit | −0.8 MEUR | 0.5 MEUR | −0.3 MEUR |
| Financial expenses | 2.0 MEUR | 3.3 MEUR | 5.0 MEUR |
| Total assets | 51.9 MEUR | 75.1 MEUR | 104.6 MEUR |
| Current assets | 5.1 MEUR | 8.3 MEUR | 3.0 MEUR |
| Equity | 9.5 MEUR | 12.5 MEUR | 24.0 MEUR |
| Retained earnings | −1.2 MEUR | −0.8 MEUR | −1.1 MEUR |
| Total liabilities | 42.4 MEUR | 62.6 MEUR | 80.7 MEUR |
| Current liabilities | 21.5 MEUR | 25.3 MEUR | 12.9 MEUR |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6457419.
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