FJORD XPLORE AS
Score · fiscal year 2025
26of 100
How to read this: the company is ahead of 16 % of small companies in the same sector in 2025. What does this mean?
Rank: 1,762 of 2,035 · Sjøfart
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 41 and solidity 17 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
FJORD XPLORE AS is 24 points below the median for small companies in the same sector in 2025.
Median score 50 among 1,468 companies.
Against small companies in the same sector in 2025: operating margin 2.6% (median 8.4%) and equity ratio 10.0% (median 51.2%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 1 MNOK | 5 MNOK |
| Operating margin | 2.6% | 8.4% |
| Profit margin | −5.3% | 9.2% |
| Return on assets | 1.3% | 3.4% |
| Equity ratio | 10.0% | 51.2% |
| Debt-to-equity | 8.98 | 0.67 |
| Current ratio | 0.70 | 1.77 |
| Revenue growth | – | 1.2% |
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 26, FJORD XPLORE AS does better than 16% of small companies in the same sector (1,475 companies) in 2025.
Score 2023–2025
- FJORD XPLORE AS
- Median: small companies in the same sector
FJORD XPLORE AS has a score of 26 for 2025, rank 1,762 of 2,035 in the sector.
Strongest: Profitability: percentile 41 against peers, operating margin 2.6% against a median of 8.4%.
Weakest: Consistency: percentile 14 against peers. Solidity: percentile 17 against peers, equity ratio 10.0% against a median of 51.2%.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 1.4 times current assets. Based on: current ratio 0.70 (median 1.77).
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −5.3% (median 9.2%).
- What lies behind weak consistency, and will it last?
- What lies behind weak solidity, 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
FJORD XPLORE AS had an operating margin of 2.6% and an equity ratio of 10.0% in 2025, and ranks 1,762 of 2,035 in Sjøfart.
From 2024 to 2025: the equity ratio fell from 94.6% to 10.0%.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 0 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | debt above value |
| P/B | 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
Worth a closer look
- watch
Consider strengthening liquidity: current liabilities are 1.4 times current assets.
Based on: Current ratio 0.70 (median 1.77).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −5.3% (median 9.2%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 4.3% of the debt in 2025. The policy rate averaged 4.30 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.
Data quality
No anomalies found in the figures.
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 | 41 | weight 30% |
|---|---|---|
| Solidity | 17 | weight 25% |
| Liquidity | 26 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 14 | weight 15% |
Durability: 36 (average over 3 years)
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is FJORD XPLORE AS?
The operating margin was 2.6% in 2025, against a median of 8.4% among small companies in the same sector. Return on assets was 1.3%. The company made a loss before tax.
How solid is FJORD XPLORE AS?
The equity ratio was 10.0% in 2025 (median 51.2%). Debt-to-equity was 8.98 (median 0.67).
What is the liquidity of FJORD XPLORE AS like?
The current ratio was 0.70 in 2025 (median 1.77). Current assets did not cover current liabilities.
How does FJORD XPLORE AS compare in Sjøfart?
FJORD XPLORE AS ranks 1,762 of 2,035 in Sjøfart for 2025. Among companies of the same size (small companies) it ranks 1,246 of 1,475.
From the Central Coordinating Register
- Org. no.
- 926448633
- Legal form
- AS
- Sector
- Sjøfart (50.109)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 8 January 2021 5 years in operation
- Share capital
- 0.50 MNOK
- Business address
- Verven 14A, 4014 STAVANGER
- Municipality
- Stavanger rank 5–9 of 11 in KOSTRA group 12
- Audit
- Audit opted out from 30 January 2024
- Latest accounts filed
- 2025
- Website
- www.fjordxplore.no
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
- Kjetil Dalaker
- Chair of the board
- Kjetil Dalaker
Source: Central Coordinating Register, fetched 29 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 | 44 | 38 | 26 | |
| Rank | 1,080 | 1,388 | 1,762 | |
| Operating margin | −37.3% | – | 2.6% | |
| Return on assets | −19.7% | −54.7% | 1.3% | |
| Equity ratio | 92.3% | 94.6% | 10.0% | |
| Current ratio | 10.79 | 18.58 | 0.70 | |
| Revenue growth | – | −100.0% | – |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.2 MNOK | 0.0 MNOK | 0.9 MNOK |
| Operating profit | −0.1 MNOK | −0.1 MNOK | 0.0 MNOK |
| Profit before tax | −0.1 MNOK | −0.1 MNOK | 0.0 MNOK |
| Net profit | −0.1 MNOK | −0.1 MNOK | 0.0 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.1 MNOK |
| Total assets | 0.4 MNOK | 0.2 MNOK | 1.9 MNOK |
| Current assets | 0.3 MNOK | 0.2 MNOK | 0.4 MNOK |
| Equity | 0.4 MNOK | 0.2 MNOK | 0.2 MNOK |
| Retained earnings | −0.1 MNOK | −0.3 MNOK | −0.3 MNOK |
| Total liabilities | 0.0 MNOK | 0.0 MNOK | 1.7 MNOK |
| Current liabilities | 0.0 MNOK | 0.0 MNOK | 0.6 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 7016672.
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