BOA OFFSHORE AS
Score · fiscal year 2025
47of 100
How to read this: the company is ahead of 49 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 1,124 of 2,035 · Sjøfart
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 25 and solidity 76 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
BOA OFFSHORE AS is 1 points below the median for medium-sized companies in the same sector in 2025.
Median score 48 among 456 companies.
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating margin | – | 22.9% |
| Profit margin | – | 13.4% |
| Return on assets | 0.7% | 7.6% |
| Equity ratio | 86.8% | 50.4% |
| Debt-to-equity | 0.15 | 0.85 |
| Current ratio | 0.08 | 1.33 |
| Revenue growth | – | 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 47, BOA OFFSHORE AS does better than 49% of medium-sized companies in the same sector (456 companies) in 2025.
Score 2023–2025
- BOA OFFSHORE AS
- Median: medium-sized companies in the same sector
BOA OFFSHORE AS has a score of 47 for 2025, rank 1,124 of 2,035 in the sector.
Strongest: Consistency: percentile 88 against peers. Solidity: percentile 76 against peers, equity ratio 86.8% against a median of 50.4%.
Weakest: Liquidity: percentile 5 against peers, current ratio 0.08 against a median of 1.33. Profitability: percentile 25 against peers.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 12.3 times current assets. Based on: current ratio 0.08 (median 1.33).
- 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
BOA OFFSHORE AS had an operating margin of – and an equity ratio of 86.8% in 2025, and ranks 1,124 of 2,035 in Sjøfart.
From 2024 to 2025: the equity ratio rose from 73.1% to 86.8%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 7 MNOK and 716 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 7 MNOK |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 716 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
- critical
Consider strengthening liquidity: current liabilities are 12.3 times current assets.
Based on: Current ratio 0.08 (median 1.33).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
- watch Revenue not reported
- watch No revenue but large assets
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 6.1%. 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 | 25 | weight 30% |
|---|---|---|
| Solidity | 76 | weight 25% |
| Liquidity | 5 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 88 | weight 15% |
Durability: 51 (average over 3 years)
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is BOA OFFSHORE AS?
The operating margin was – in 2025, against a median of 22.9% among medium-sized companies in the same sector. Return on assets was 0.7%.
How solid is BOA OFFSHORE AS?
The equity ratio was 86.8% in 2025 (median 50.4%). Debt-to-equity was 0.15 (median 0.85).
What is the liquidity of BOA OFFSHORE AS like?
The current ratio was 0.08 in 2025 (median 1.33). Current assets did not cover current liabilities.
How does BOA OFFSHORE AS compare in Sjøfart?
BOA OFFSHORE AS ranks 1,124 of 2,035 in Sjøfart for 2025. Among companies of the same size (medium-sized companies) it ranks 235 of 456.
Group accounts · 2025
50 of 100
Rank 482 of 975 groups with group accounts. Groups are ranked only against each other, not against single companies.
| Key figure | The group | The company alone (2025) |
|---|---|---|
| Operating margin | 28.2% | – |
| Return on assets | 12.5% | 0.7% |
| Equity ratio | 22.2% | 86.8% |
| Current ratio | 1.75 | 0.08 |
| Revenue growth | −20.2% | – |
Group index in earlier years: 2023: 48 (621 of 1176), 2024: 61 (275 of 994).
Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.
Source: Brønnøysund Register Centre, group accounts 2025 (open data, NLOD 2.0).
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.
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 926265156
- Legal form
- AS · part of a group
- Sector
- Sjøfart (50.203)
- Size tier
- medium
- Employees
- 0–4 (not registered)
- Founded
- 7 June 1979 47 years in operation
- Share capital
- 2.50 MNOK
- Business address
- Strandveien 43, 7067 TRONDHEIM
- Municipality
- Trondheim rank 3–7 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
- Ole Torberg Bjørnevik
- Chair of the board
- Ole Torberg Bjørnevik
- Board member
- Ivar Johannes Koteng
- Board member
- Tore Holtan
- Board member
- Siw Marita Bjørnevik
- Auditor
- DELOITTE 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 | 41 | 65 | 47 | |
| Rank | 1,168 | 362 | 1,124 | |
| Operating margin | – | – | – | |
| Return on assets | 7.6% | 20.9% | 0.7% | |
| Equity ratio | 26.6% | 73.1% | 86.8% | |
| Current ratio | 1.11 | 0.78 | 0.08 | |
| Revenue growth | – | – | – |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | – | – | – |
| Operating profit | −5.2 MNOK | −4.4 MNOK | −2.3 MNOK |
| Profit before tax | 76.5 MNOK | 622.0 MNOK | 0.7 MNOK |
| Net profit | 76.5 MNOK | 622.0 MNOK | 0.7 MNOK |
| Financial expenses | −38.5 MNOK | −408.8 MNOK | 5.4 MNOK |
| Total assets | 502.9 MNOK | 1,019.2 MNOK | 824.7 MNOK |
| Current assets | 105.7 MNOK | 215.3 MNOK | 8.9 MNOK |
| Equity | 133.5 MNOK | 744.8 MNOK | 715.5 MNOK |
| Retained earnings | 53.5 MNOK | 664.8 MNOK | 635.5 MNOK |
| Total liabilities | 369.4 MNOK | 274.3 MNOK | 109.2 MNOK |
| Current liabilities | 95.5 MNOK | 274.3 MNOK | 109.2 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 7167657.
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