Risvær Brygger AS
Not financial advice. The index, rank, signals and advice are rule-based indications from the latest filed annual accounts. They are not a credit rating, an assessment of management or a recommendation to buy, sell or do business with the company. Read more
Key facts
Is the company run well?
Five key figures against companies in the same sector. Green is better than most, amber about like the industry and red weaker than most.
- Profitability · operating margin −48.9% Weaker than the industry Industry: 4.6%
- Returns · return on assets −73.7% Weaker than the industry Industry: 7.8%
- Solidity · equity ratio −415.8% Weaker than the industry Industry: 33.1%
- Liquidity · current ratio 0.07 Weaker than the industry Industry: 1.41
The mark comes from the company's place among comparable companies (percentile): green from 60, amber from 40, red below 40. Negative equity, an operating loss and a current ratio under 1 pull it down regardless. Methodology
Score · fiscal year 2023
Not enough data: Not enough data (below minimum revenue)
Based on the annual accounts for 2023
How it has gone · 2023–2025
Revenue rose by 2,071 % from 2023 to 2025, to 2.6 MNOK. The operating margin rose from −48.9% in 2023 to 0.1% in 2025. The equity ratio rose from −415.8% in 2023 to −194.5% in 2025.
Amounts in the reporting currency. The full year-by-year table is further down under «Details». See every figure year by year
Accounts in short
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.1 MNOK | 2.4 MNOK | 2.6 MNOK |
| Operating profit | −0.1 MNOK | 0.0 MNOK | 0.0 MNOK |
| Net profit | −0.1 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 0.1 MNOK | 0.1 MNOK | 0.2 MNOK |
| Equity | −0.3 MNOK | −0.4 MNOK | −0.4 MNOK |
| Total liabilities | 0.4 MNOK | 0.5 MNOK | 0.6 MNOK |
From the Brønnøysund Register Centre, in the company's reporting currency (NOK). See every figure year by year
From the Central Coordinating Register
- Org. no.
- 925403601
- Legal form
- AS
- Sector
- Kultur og fritid (93.291)
- Purpose
- Arrangere opplevelsesturer og annet som naturlig faller sammen med dette, herunder overnatting og utleie av båt.
- Morning company class
- Micro
- Employees
- 7 registered 10 October 2026
- Founded
- 29 September 2020 6 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Årsteinøyan 3, 8324 DIGERMULEN (VÅGAN)
- Municipality
- Vågan rank 6–16 of 18 in KOSTRA group 2
- Audit
- Audit opted out from 11 November 2020
- Latest accounts filed
- 2025
- VAT registered
- Yes
- Former names
- Let's GO Fishing AS until 2024
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
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 −415.8% (median 33.1%).
- critical
Consider strengthening liquidity: current liabilities are 15.2 times current assets.
Based on: Current ratio 0.07 (median 1.41).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −48.9% (median 3.6%).
- watch
The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin −48.9% (median 4.6%).
- watch
Receivables equal far more days of revenue than at comparable companies. Do customers pay late, or are these loans to companies in the same group?
Based on: Receivable days 83 days (median 25 days).
- watch
Current liabilities exceed current assets other than bank deposits, and the current ratio is weak. Is it customer prepayments and supplier credit that fund the operations, or short-term loans that must be renewed?
Based on: Net working capital to revenue −319.2% (median −8.6%); Current ratio 0.07 (median 1.41).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
See interest rates, prices and exchange rates for the sector
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 1.4%. Based on the 8 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 0 MNOK | 3 MNOK |
| Operating margin | −48.9% | 4.6% |
| Profit margin | −48.9% | 3.6% |
| Return on assets | −73.7% | 7.8% |
| Equity ratio | −415.8% | 33.1% |
| Debt-to-equity | – | 1.23 |
| Current ratio | 0.07 | 1.41 |
| Revenue growth | – | 8.3% |
| Revenue per employee | 0.02 MNOK | 0.33 MNOK |
The median and “ahead of” refer to companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
Score 2023–2025
- Risvær Brygger AS
- Median: companies in the same sector
Working capital and debt
| Measure | Company | Median | |
|---|---|---|---|
| Working capital | |||
| Receivable days All current receivables, including those on group companies, in days of revenue. |
83 days | 25 days | |
| Inventory and other current assets, days Current assets other than receivables and bank deposits, that is inventory and short-term investments, in days of revenue. |
0 days | 0 days | |
| Net working capital to revenue Current assets less bank deposits less current liabilities, divided by revenue. Negative: short-term debt funds the operations. |
−319.2% | −8.6% | |
| Cash share of current assets How much of the short-term buffer is bank deposits and cash. |
−0.3% | 62.7% | |
| Debt and interest burden | |||
| Interest coverage (times) Operating result divided by all financial costs. Below 1: operations do not cover the cost of the debt. |
– | 4.0 | |
| Financial costs as a share of debt All financial costs (interest, currency losses and other) divided by all debt, interest-free debt included. Not an interest rate. |
– | 0.7% | |
| Long-term share of debt Long-term debt as a share of all debt. A low share means more falls due within a year. |
0.0% | 0.1% | |
Net working capital (current assets less bank deposits less current liabilities): −0.4 MNOK.
The median and the bar refer to companies in the same sector in 2023. The bar shows the share of the group with a lower figure: higher is not always better, long receivable days tie up capital, for example. These figures do not count in the score.
What the numbers say
Risvær Brygger AS had an equity ratio of −415.8% in 2023. The company is not ranked: not enough data (below minimum revenue).
This text is generated automatically from the 2023 accounts.
Three simple methods
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 21.1 | not meaningful |
| EV/EBIT | 19.9 | not meaningful |
| P/B | 3.3 | not meaningful |
The NACE code has no listed industry of its own in the table, so the multiples are the sector median: Recreation.
Not financial advice. The value range is a rough model estimate from listed-company multiples, not a valuation, a price target or a price offer. The actual value may differ greatly. Read more
A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. See the calculation
Questions and answers
How profitable is Risvær Brygger AS?
The operating margin was −48.9% in 2023, against a median of 4.6% among companies in the same sector. Return on assets was −73.7%. The company made a loss before tax.
How solid is Risvær Brygger AS?
The equity ratio was −415.8% in 2023 (median 33.1%). Equity is negative, so liabilities exceed assets.
What is the liquidity of Risvær Brygger AS like?
The current ratio was 0.07 in 2023 (median 1.41). Current assets did not cover current liabilities.
Group structure · 2025
5 companies in the group according to the shareholder register for 2025. A company counts as a subsidiary when a Norwegian company owns more than half of its shares.
Private persons own 100% of the shares in Rrj Holding AS. Persons are not shown by name.
Rrj Holding AS has not filed group accounts in open data, so the group has no index of its own. Each company has its own accounts.
The group in figures
- Sectors
- Kultur og fritid (4 companies), Industri (1 company) 5 of 5 companies in the tree have accounts with us. Sectors are sorted by the companies' own revenue, which includes sales between the group's companies.
- Employees in Norway
- 7 in all. Vågan 7 Registered employees in the Central Coordinating Register, by the municipality of the business address. Employees may work elsewhere.
- Negative equity
- 4 companies: Risvær Brygger AS, Neptun Invest AS, Linken Tannteknikk AS, Dentalcompagniet Eiendom AS
- Loss
- 5 companies: Risvær Brygger AS, Neptun Invest AS, Linken Tannteknikk AS, Rrj Holding AS, Dentalcompagniet Eiendom AS
A subsidiary with negative equity or a loss may be backed by the group, for example with group contributions or guarantees. It is an indication of what is worth asking about, not an assessment.
-
Rrj Holding AS
-
Dentalcompagniet Eiendom AS
- Risvær Brygger AS you are here
- Neptun Invest AS
- Linken Tannteknikk AS
-
Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.
Source: the Norwegian Tax Administration's shareholder register 2025 (majority owner with more than 50 % of the shares). Voting agreements and ownership through other countries are not included.
Ownership and roles
Loading roles …
Source: Central Coordinating Register, fetched 1 November 2026. Only names are shown.
Shareholders (2025)
- Number of shareholders
- 1 (one owner)
- Largest owner
- 100.0%
- Split
- companies 100% · private persons 0% · foreign 0%
- Owned from the same municipality
- 0%
- Group chain
-
Owned by: Dentalcompagniet Eiendom AS (100%)
Ultimate owner: private person
The owner: the majority owner Dentalcompagniet Eiendom AS (holds 100%) had negative equity in 2025. made a loss in 2025. A weak parent can affect the subsidiary through group contributions, loans and guarantees. It is an indication to watch, not an assessment of the company.
- Dentalcompagniet Eiendom AS · 100.0%
The company is new in the shareholder register in 2025.
Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.
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.
Is this your company? Suggest changes or add information
Figures last fetched 7 November 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | – | 35 | 31 | |
| Rank | – | 2,192 | 2,471 | |
| Operating margin | −48.9% | −1.7% | 0.1% | |
| Return on assets | −73.7% | −34.7% | 1.9% | |
| Equity ratio | −415.8% | −326.7% | −194.5% | |
| Current ratio | 0.07 | 0.19 | 0.37 | |
| Revenue growth | – | 1,869.7% | 10.2% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.1 MNOK | 2.4 MNOK | 2.6 MNOK |
| Operating profit | −0.1 MNOK | 0.0 MNOK | 0.0 MNOK |
| Profit before tax | −0.1 MNOK | 0.0 MNOK | 0.0 MNOK |
| Tax expense | 0.0 MNOK | – | – |
| Net profit | −0.1 MNOK | 0.0 MNOK | 0.0 MNOK |
| Financial expenses | – | 0.0 MNOK | 0.0 MNOK |
| Total assets | 0.1 MNOK | 0.1 MNOK | 0.2 MNOK |
| Current assets | 0.0 MNOK | 0.1 MNOK | 0.2 MNOK |
| Equity | −0.3 MNOK | −0.4 MNOK | −0.4 MNOK |
| Retained earnings | −0.4 MNOK | −0.4 MNOK | −0.4 MNOK |
| Total liabilities | 0.4 MNOK | 0.5 MNOK | 0.6 MNOK |
| Current liabilities | 0.4 MNOK | 0.5 MNOK | 0.5 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 7 November 2026, accounts id 5057635.