ODE AS
Score · fiscal year 2025
43of 100
How to read this: the company is ahead of 32 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 1,658 of 2,571 · Sjømat
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 38 and solidity 34 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
ODE AS is 6 points below the median for medium-sized companies in the same sector in 2025.
Median score 49 among 222 companies.
Against medium-sized companies in the same sector in 2025: operating margin 5.5% (median 12.1%) and equity ratio 30.5% (median 42.1%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 884 MNOK | 194 MNOK |
| Operating margin | 5.5% | 12.1% |
| Profit margin | 0.2% | 7.9% |
| Return on assets | 5.1% | 7.2% |
| Equity ratio | 30.5% | 42.1% |
| Debt-to-equity | 2.28 | 1.32 |
| Current ratio | 1.28 | 1.71 |
| Revenue growth | 121.9% | 10.5% |
| Revenue per employee | 4.33 MNOK | 8.05 MNOK |
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 43, ODE AS does better than 32% of medium-sized companies in the same sector (222 companies) in 2025.
Score 2023–2025
- ODE AS
- Median: medium-sized companies in the same sector
What the numbers say
ODE AS had an operating margin of 5.5% and an equity ratio of 30.5% in 2025, and ranks 1,658 of 2,571 in Sjømat.
From 2024 to 2025: the operating margin rose from −49.9% to 5.5% and revenue grew by 122%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 76 MNOK and 557 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 557 MNOK |
| EV/EBIT | 8.0 | 76 MNOK |
| P/B | 1.0 | 455 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
No rules were triggered for this year.
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 | 38 | weight 30% |
|---|---|---|
| Solidity | 34 | weight 25% |
| Liquidity | 38 | weight 15% |
| Growth | 93 | weight 15% |
| Consistency | 20 | weight 15% |
Durability: 31 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is ODE AS?
The operating margin was 5.5% in 2025, against a median of 12.1% among medium-sized companies in the same sector. Return on assets was 5.1%.
How solid is ODE AS?
The equity ratio was 30.5% in 2025 (median 42.1%). Debt-to-equity was 2.28 (median 1.32).
What is the liquidity of ODE AS like?
The current ratio was 1.28 in 2025 (median 1.71).
How does ODE AS compare in Sjømat?
ODE AS ranks 1,658 of 2,571 in Sjømat for 2025. Among companies of the same size (medium-sized companies) it ranks 151 of 222. Revenue changed by 121.9% from the year before.
From the Central Coordinating Register
- Org. no.
- 925795488
- Legal form
- AS
- Sector
- Sjømat (03.212)
- Size tier
- medium
- Employees
- 204 registered 10 October 2026
- Founded
- 5 August 2020 6 years in operation
- Share capital
- 3.60 MNOK
- Business address
- Ystenesgata 6B, 6003 ÅLESUND
- Municipality
- Ålesund rank 7 of 10 in KOSTRA group 11
- 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
- Ola Kvalheim
- Chair of the board
- Tor Olav Seim
- Auditor
- TELL NORGE 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 27 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 20 | 31 | 43 | |
| Rank | 2,260 | 2,057 | 1,658 | |
| Operating margin | −74.6% | −49.9% | 5.5% | |
| Return on assets | −12.5% | −21.5% | 5.1% | |
| Equity ratio | 32.0% | 28.1% | 30.5% | |
| Current ratio | 1.47 | 1.34 | 1.28 | |
| Revenue growth | – | 229.7% | 121.9% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 120.9 MNOK | 398.5 MNOK | 884.0 MNOK |
| Operating profit | −90.1 MNOK | −199.0 MNOK | 48.8 MNOK |
| Profit before tax | −121.9 MNOK | −241.6 MNOK | 1.9 MNOK |
| Net profit | −94.1 MNOK | −241.6 MNOK | 55.7 MNOK |
| Financial expenses | 32.7 MNOK | 45.9 MNOK | 74.2 MNOK |
| Total assets | 711.8 MNOK | 909.7 MNOK | 1,490.3 MNOK |
| Current assets | 496.0 MNOK | 622.0 MNOK | 920.4 MNOK |
| Equity | 227.9 MNOK | 255.3 MNOK | 454.8 MNOK |
| Retained earnings | −131.6 MNOK | 0.0 MNOK | 55.7 MNOK |
| Total liabilities | 483.9 MNOK | 654.4 MNOK | 1,035.4 MNOK |
| Current liabilities | 338.2 MNOK | 463.7 MNOK | 716.5 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 7188635.
Further
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