KVITSØY EVENT AS
Score · fiscal year 2024
59of 100
How to read this: the company is ahead of 70 % of small companies in the same sector in 2024. What does this mean?
Rank: 353 of 1,206 · Sjøfart
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 63 and solidity 65 out of 100 among small companies in the same sector in 2024. Methodology
Against the sector
KVITSØY EVENT AS is 9 points above the median for small companies in the same sector in 2024.
Median score 50 among 794 companies.
Against small companies in the same sector in 2024: operating margin 13.3% (median 7.5%) and equity ratio 80.7% (median 45.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 1 MNOK | 4 MNOK |
| Operating margin | 13.3% | 7.5% |
| Profit margin | 13.7% | 3.8% |
| Return on assets | 8.4% | 2.1% |
| Equity ratio | 80.7% | 45.4% |
| Debt-to-equity | 0.24 | 0.56 |
| Current ratio | 4.81 | 1.54 |
| Revenue growth | −26.1% | 8.6% |
The median and “ahead of” refer to small companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 59, KVITSØY EVENT AS does better than 70% of small companies in the same sector (795 companies) in 2024.
Score 2023–2025
- KVITSØY EVENT AS
- Median: small companies in the same sector
What the numbers say
KVITSØY EVENT AS had an operating margin of 13.3% and an equity ratio of 80.7% in 2024, and ranks 353 of 1,206 in Sjøfart.
From 2023 to 2024: the operating margin fell from 34.2% to 13.3% and revenue fell by 26%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 1 MNOK and 1 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 1 MNOK |
| EV/EBIT | 8.0 | 1 MNOK |
| P/B | 1.0 | 1 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 2026, the sector's weakest year, for this company.
The sector's weakest year was 2026, with a median operating margin of 2.5%. 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 | 63 | weight 30% |
|---|---|---|
| Solidity | 65 | weight 25% |
| Liquidity | 72 | weight 15% |
| Growth | 18 | weight 15% |
| Consistency | 69 | weight 15% |
Durability: 62 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is KVITSØY EVENT AS?
The operating margin was 13.3% in 2024, against a median of 7.5% among small companies in the same sector. Return on assets was 8.4%.
How solid is KVITSØY EVENT AS?
The equity ratio was 80.7% in 2024 (median 45.4%). Debt-to-equity was 0.24 (median 0.56).
What is the liquidity of KVITSØY EVENT AS like?
The current ratio was 4.81 in 2024 (median 1.54).
How does KVITSØY EVENT AS compare in Sjøfart?
KVITSØY EVENT AS ranks 353 of 1,206 in Sjøfart for 2024. Among companies of the same size (small companies) it ranks 241 of 795. Revenue changed by −26.1% from the year before.
From the Central Coordinating Register
- Org. no.
- 927431742
- Legal form
- AS
- Sector
- Sjøfart (50.109)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 3 June 2021 5 years in operation
- Share capital
- 1.20 MNOK
- Business address
- Grøningen 14, 4180 KVITSØY
- Municipality
- Kvitsøy rank 1 of 8 in KOSTRA group 16
- Audit
- Audit opted out from 19 July 2021
- 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
- Bjarte Espevik
- Chair of the board
- Bjarte Espevik
- Accountant
- PRO-SJEKT REGNSKAP 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 | 64 | 59 | 34 | |
| Rank | 215 | 353 | 1,060 | |
| Operating margin | 34.2% | 13.3% | −68.1% | |
| Return on assets | 28.3% | 8.4% | −43.6% | |
| Equity ratio | 73.6% | 80.7% | 65.5% | |
| Current ratio | 3.36 | 4.81 | 2.66 | |
| Revenue growth | – | −26.1% | −21.4% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 1.2 MNOK | 0.9 MNOK | 0.7 MNOK |
| Operating profit | 0.4 MNOK | 0.1 MNOK | −0.5 MNOK |
| Profit before tax | 0.4 MNOK | 0.1 MNOK | −0.5 MNOK |
| Net profit | 0.4 MNOK | 0.1 MNOK | −0.5 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | – |
| Total assets | 1.5 MNOK | 1.5 MNOK | 1.1 MNOK |
| Current assets | 1.3 MNOK | 1.4 MNOK | 1.0 MNOK |
| Equity | 1.1 MNOK | 1.2 MNOK | 0.7 MNOK |
| Retained earnings | −0.1 MNOK | 0.0 MNOK | −0.5 MNOK |
| Total liabilities | 0.4 MNOK | 0.3 MNOK | 0.4 MNOK |
| Current liabilities | 0.4 MNOK | 0.3 MNOK | 0.4 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 6071431.
Further
Similar companies
- NJORD AQUASERVICE AS index 59, rank 349
- RÁN OFFSHORE AS index 59, rank 352
- AURORA STORM AS index 59, rank 354
- SIRIUS SHIPPING AS index 59, rank 355
- KOK AS index 59, rank 357