NORTH SEA SHELLS AS

Org. no. 926182684 · LYNGDAL · Founded 2020

Score · fiscal year 2025

53of 100

How to read this: the company is ahead of 58 % of small companies in the same sector in 2025. What does this mean?

Rank: 1,051 of 2,471 · Sjømat

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 19 and solidity 85 out of 100 among small companies in the same sector in 2025. Methodology

Against the sector

NORTH SEA SHELLS AS is 4 points above the median for small companies in the same sector in 2025.

Median score 49 among 2,200 companies.

Source: Register of Company Accounts and Central Coordinating RegisterFetched 27 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue0 MNOK2 MNOK
Operating margin – 10.6% not compared
Profit margin – 5.8% shown, not part of the index
Return on assets −10.2% 3.1% 19 %
Equity ratio 89.2% 31.7% 86 %
Debt-to-equity 0.12 1.20 83 %
Current ratio 9.29 1.53 87 %
Revenue growth – 16.1% not compared

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 53, NORTH SEA SHELLS AS does better than 58% of small companies in the same sector (2,216 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • NORTH SEA SHELLS AS
  • Median: small companies in the same sector
Analysis · 2025

What the numbers say

NORTH SEA SHELLS AS had an operating margin of – and an equity ratio of 89.2% in 2025, and ranks 1,051 of 2,471 in Sjømat.

No large changes in the key figures from 2024 to 2025.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

One method gives a figure: 0 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.0 MNOK 10.0 not meaningful
EV/EBIT Operating profit: 0.0 MNOK 8.0 not meaningful
P/B Equity: 0.1 MNOK 1.0 0 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

Indications · 2025

Worth a closer look

  • watch

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin – (median 5.8%).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Data quality

No anomalies found in the figures.

Stress test · 2022

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

Components · 2025

What the score is made of

Profitability19 weight 30%
Solidity85 weight 25%
Liquidity87 weight 15%
Growth– no data, left out
Consistency31 weight 15%

Durability: 58 (average over 3 years)

Index version 2. Data completeness 85%: the share of the weights that had data.

2025

Questions and answers

How profitable is NORTH SEA SHELLS AS?

The operating margin was – in 2025, against a median of 10.6% among small companies in the same sector. Return on assets was −10.2%. The company made a loss before tax.

How solid is NORTH SEA SHELLS AS?

The equity ratio was 89.2% in 2025 (median 31.7%). Debt-to-equity was 0.12 (median 1.20).

What is the liquidity of NORTH SEA SHELLS AS like?

The current ratio was 9.29 in 2025 (median 1.53).

How does NORTH SEA SHELLS AS compare in Sjømat?

NORTH SEA SHELLS AS ranks 1,051 of 2,471 in Sjømat for 2025. Among companies of the same size (small companies) it ranks 932 of 2,216.

From the Central Coordinating Register

Org. no.
926182684
Legal form
AS
Sector
Sjømat (03.211)
Size tier
small
Employees
0–4 (not registered)
Founded
23 November 2020 5 years in operation
Share capital
0.20 MNOK
Business address
Vellevikveien 100, 4580 LYNGDAL
Municipality
Lyngdal rank 8 of 38 in KOSTRA group 7
Audit
Audit opted out from 15 December 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
Trond Rafoss
Chair of the board
Trond Rafoss
Board member
Knut Magnus Persson

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.

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Figures last fetched 27 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index764653
Rank2261,4111,051
Operating margin59.2%––
Return on assets23.9%−12.4%−10.2%
Equity ratio91.3%90.0%89.2%
Current ratio10.469.719.29
Revenue growth–−100.0%–

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure202320242025
Operating revenue0.1 MNOK0.0 MNOK0.0 MNOK
Operating profit0.0 MNOK0.0 MNOK0.0 MNOK
Profit before tax0.0 MNOK0.0 MNOK0.0 MNOK
Net profit0.0 MNOK0.0 MNOK0.0 MNOK
Financial expenses––0.0 MNOK
Total assets0.1 MNOK0.1 MNOK0.1 MNOK
Current assets0.1 MNOK0.1 MNOK0.1 MNOK
Equity0.1 MNOK0.1 MNOK0.1 MNOK
Retained earnings−0.1 MNOK−0.1 MNOK−0.1 MNOK
Total liabilities0.0 MNOK0.0 MNOK0.0 MNOK
Current liabilities0.0 MNOK0.0 MNOK0.0 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 6742664.

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