SMARAGD AS

Org. no. 926791311 · HERØY · Founded 2021

Score · fiscal year 2025

58of 100

How to read this: the company is ahead of 69 % of medium-sized companies in the same sector in 2025. What does this mean?

Rank: 1,088 of 3,375 · Sjømat

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 76 and solidity 58 out of 100 among medium-sized companies in the same sector in 2025. Methodology

Against the sector

SMARAGD AS is 9 points above the median for medium-sized companies in the same sector in 2025.

Median score 49 among 338 companies.

Against medium-sized companies in the same sector in 2025: operating margin 42.2% (median 10.6%) and equity ratio 48.3% (median 41.4%).

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 revenue137 MNOK201 MNOK
Operating margin 42.2% 10.6% 93 %
Profit margin 50.6% 7.2% shown, not part of the index
Return on assets 10.0% 7.4% 59 %
Equity ratio 48.3% 41.4% 58 %
Debt-to-equity 1.07 1.37 58 %
Current ratio 2.68 1.72 66 %
Revenue growth −19.8% 8.9% 10 %

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 58, SMARAGD AS does better than 69% of medium-sized companies in the same sector (338 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • SMARAGD AS
  • Median: medium-sized companies in the same sector
Summary analysis

SMARAGD AS has a score of 58 for 2025, rank 1,088 of 3,375 in the sector.

Strongest: Profitability: percentile 76 against peers, operating margin 42.2% against a median of 10.6%. Liquidity: percentile 66 against peers, current ratio 2.68 against a median of 1.72.

Weakest: Growth: percentile 10 against peers, revenue growth −19.8% against a median of 8.9%.

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

SMARAGD AS had an operating margin of 42.2% and an equity ratio of 48.3% in 2025, and ranks 1,088 of 3,375 in Sjømat.

From 2024 to 2025: revenue fell by 20%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 334 MNOK and 575 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 55.2 MNOK 10.0 552 MNOK
EV/EBIT Operating profit: 57.9 MNOK
minus net debt −111.8 MNOK
8.0 575 MNOK
P/B Equity: 333.9 MNOK 1.0 334 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

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.

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

Profitability76 weight 30%
Solidity58 weight 25%
Liquidity66 weight 15%
Growth10 weight 15%
Consistency60 weight 15%

Durability: 60 (average over 3 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is SMARAGD AS?

The operating margin was 42.2% in 2025, against a median of 10.6% among medium-sized companies in the same sector. Return on assets was 10.0%.

How solid is SMARAGD AS?

The equity ratio was 48.3% in 2025 (median 41.4%). Debt-to-equity was 1.07 (median 1.37).

What is the liquidity of SMARAGD AS like?

The current ratio was 2.68 in 2025 (median 1.72).

How does SMARAGD AS compare in Sjømat?

SMARAGD AS ranks 1,088 of 3,375 in Sjømat for 2025. Among companies of the same size (medium-sized companies) it ranks 107 of 338. Revenue changed by −19.8% from the year before.

From the Central Coordinating Register

Org. no.
926791311
Legal form
AS
Sector
Sjømat (03.110)
Size tier
medium
Employees
0–4 (not registered)
Founded
28 January 2021 5 years in operation
Share capital
10.00 MNOK
Business address
Leinevegen 86, 6094 LEINØY (HERØY)
Municipality
Herøy (Møre og Romsdal) rank 2–22 of 40 in KOSTRA group 1
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
Kristin Smådal Hide
Chair of the board
Hallvar Ulfstein
Board member
Kristin Smådal Hide
Board member
Petter Geir Smådal
Board member
Silje Smådal
Auditor
A-REVISJON AS
Accountant
SKIPSREGNSKAP 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?

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Figures last fetched 27 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index586458
Rank1,0127321,088
Operating margin38.0%43.6%42.2%
Return on assets12.2%14.3%10.0%
Equity ratio43.6%45.1%48.3%
Current ratio3.082.732.68
Revenue growth–18.3%−19.8%

Accounts

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

Key figure202320242025
Operating revenue144.7 MNOK171.1 MNOK137.3 MNOK
Operating profit54.9 MNOK74.5 MNOK57.9 MNOK
Profit before tax63.3 MNOK82.6 MNOK69.5 MNOK
Net profit50.0 MNOK64.9 MNOK55.2 MNOK
Financial expenses16.8 MNOK17.9 MNOK–
Total assets658.3 MNOK702.8 MNOK692.0 MNOK
Current assets135.6 MNOK208.8 MNOK180.3 MNOK
Equity286.7 MNOK317.1 MNOK333.9 MNOK
Retained earnings34.6 MNOK65.0 MNOK81.8 MNOK
Total liabilities371.6 MNOK385.7 MNOK358.1 MNOK
Current liabilities44.0 MNOK76.4 MNOK67.3 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 6855716.