MÅSØVAL SERVICE AS
Score · fiscal year 2024
48of 100
How to read this: the company is ahead of 43 % of medium-sized companies in the same sector in 2024. What does this mean?
Rank: 1,575 of 2,987 · Sjømat
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 79 and solidity 7 out of 100 among medium-sized companies in the same sector in 2024. Methodology
Against the sector
MÅSØVAL SERVICE AS is 2 points below the median for medium-sized companies in the same sector in 2024.
Median score 50 among 270 companies.
Against medium-sized companies in the same sector in 2024: operating margin 16.9% (median 11.9%) and equity ratio 10.1% (median 45.8%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 349 MNOK | 221 MNOK |
| Operating margin | 16.9% | 11.9% |
| Profit margin | 16.9% | 7.5% |
| Return on assets | 60.9% | 9.1% |
| Equity ratio | 10.1% | 45.8% |
| Debt-to-equity | 8.94 | 1.12 |
| Current ratio | 1.07 | 1.91 |
| Revenue growth | 57.4% | 10.5% |
| Revenue per employee | 20.55 MNOK | 8.79 MNOK |
The median and “ahead of” refer to medium-sized companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 48, MÅSØVAL SERVICE AS does better than 43% of medium-sized companies in the same sector (270 companies) in 2024.
Score 2023–2025
- MÅSØVAL SERVICE AS
- Median: medium-sized companies in the same sector
What the numbers say
MÅSØVAL SERVICE AS had an operating margin of 16.9% and an equity ratio of 10.1% in 2024, and ranks 1,575 of 2,987 in Sjømat.
From 2023 to 2024: revenue grew by 57% and the operating margin rose from 5.6% to 16.9%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 10 MNOK and 472 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 461 MNOK |
| EV/EBIT | 8.0 | 472 MNOK |
| P/B | 1.0 | 10 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
Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?
Based on: Revenue growth 57.4% (median 10.5%); Current ratio 1.07 (median 1.91).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
No anomalies found in the figures.
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
What the score is made of
| Profitability | 79 | weight 30% |
|---|---|---|
| Solidity | 7 | weight 25% |
| Liquidity | 28 | weight 15% |
| Growth | 87 | weight 15% |
| Consistency | 34 | weight 15% |
Durability: 41 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is MÅSØVAL SERVICE AS?
The operating margin was 16.9% in 2024, against a median of 11.9% among medium-sized companies in the same sector. Return on assets was 60.9%.
How solid is MÅSØVAL SERVICE AS?
The equity ratio was 10.1% in 2024 (median 45.8%). Debt-to-equity was 8.94 (median 1.12).
What is the liquidity of MÅSØVAL SERVICE AS like?
The current ratio was 1.07 in 2024 (median 1.91).
How does MÅSØVAL SERVICE AS compare in Sjømat?
MÅSØVAL SERVICE AS ranks 1,575 of 2,987 in Sjømat for 2024. Among companies of the same size (medium-sized companies) it ranks 153 of 270. Revenue changed by 57.4% from the year before.
From the Central Coordinating Register
- Org. no.
- 924849495
- Legal form
- AS
- Sector
- Sjømat (03.110)
- Size tier
- medium
- Employees
- 17 registered 10 September 2026
- Founded
- 20 March 2020 6 years in operation
- Share capital
- 0.90 MNOK
- Business address
- Nordfrøyveien 413, 7260 SISTRANDA (FRØYA)
- Municipality
- Frøya rank 1–7 of 9 in KOSTRA group 3
- 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
- Ingar Johan Kyrkjebø
- Chair of the board
- Lars Måsøval
- Board member
- Anders Hagestande
- Auditor
- KPMG 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 | 35 | 48 | 47 | |
| Rank | 1,990 | 1,575 | 1,737 | |
| Operating margin | 5.6% | 16.9% | 16.4% | |
| Return on assets | 24.3% | 60.9% | 58.6% | |
| Equity ratio | 19.6% | 10.1% | 7.2% | |
| Current ratio | 1.15 | 1.07 | 0.95 | |
| Revenue growth | – | 57.4% | 40.9% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 222.0 MNOK | 349.4 MNOK | 492.4 MNOK |
| Operating profit | 12.5 MNOK | 59.0 MNOK | 80.8 MNOK |
| Profit before tax | 12.4 MNOK | 59.1 MNOK | 84.0 MNOK |
| Net profit | 9.9 MNOK | 46.1 MNOK | 65.5 MNOK |
| Financial expenses | 0.2 MNOK | 0.3 MNOK | 0.1 MNOK |
| Total assets | 51.8 MNOK | 97.6 MNOK | 143.4 MNOK |
| Current assets | 46.3 MNOK | 92.5 MNOK | 126.0 MNOK |
| Equity | 10.1 MNOK | 9.8 MNOK | 10.3 MNOK |
| Retained earnings | 3.6 MNOK | 3.3 MNOK | 3.8 MNOK |
| Total liabilities | 41.7 MNOK | 87.8 MNOK | 133.1 MNOK |
| Current liabilities | 40.3 MNOK | 86.4 MNOK | 132.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6041339.
Further
Similar companies
- CERMAQ HOLDING AS index 48, rank 1,550
- NORDERVEG AS index 48, rank 1,556
- FINEFISH AS index 48, rank 1,571
- SULISKER INVEST AS index 48, rank 1,587
- ÆNES INKUBATOR AS index 47, rank 1,599