GCC SHIPOWNING 5 AS
Score · fiscal year 2025
48of 100
How to read this: the company is ahead of 46 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 557 of 1,016 · Sjøfart
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 56 and solidity 43 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
GCC SHIPOWNING 5 AS is 1 points below the median for medium-sized companies in the same sector in 2025.
Median score 49 among 273 companies.
Against medium-sized companies in the same sector in 2025: operating margin 25.5% (median 23.0%) and equity ratio 32.0% (median 36.2%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 300 MNOK | 204 MNOK |
| Operating margin | 25.5% | 23.0% |
| Profit margin | 8.0% | 13.6% |
| Return on assets | 11.4% | 10.1% |
| Equity ratio | 32.0% | 36.2% |
| Debt-to-equity | 2.12 | 1.69 |
| Current ratio | 0.21 | 1.34 |
| Revenue growth | 50.3% | 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 48, GCC SHIPOWNING 5 AS does better than 46% of medium-sized companies in the same sector (273 companies) in 2025.
Score 2023–2025
- GCC SHIPOWNING 5 AS
- Median: medium-sized companies in the same sector
GCC SHIPOWNING 5 AS has a score of 48 for 2025, rank 557 of 1,016 in the sector.
Strongest: Growth: percentile 84 against peers, revenue growth 50.3% against a median of 2.4%.
Weakest: Liquidity: percentile 4 against peers, current ratio 0.21 against a median of 1.34.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 4.8 times current assets. Based on: current ratio 0.21 (median 1.34).
- Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have? Based on: revenue growth 50.3% (median 2.4%); current ratio 0.21 (median 1.34).
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
GCC SHIPOWNING 5 AS had an operating margin of 25.5% and an equity ratio of 32.0% in 2025, and ranks 557 of 1,016 in Sjøfart.
From 2024 to 2025: the operating margin fell from 60.1% to 25.5% and revenue grew by 50%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 22 MUSD and 27 MUSD.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 23 MUSD |
| EV/EBIT | 8.0 | 27 MUSD |
| P/B | 1.0 | 22 MUSD |
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 4.8 times current assets.
Based on: Current ratio 0.21 (median 1.34).
- watch
Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?
Based on: Revenue growth 50.3% (median 2.4%); Current ratio 0.21 (median 1.34).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 11.7% 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
- watch Reports in a currency other than NOK
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 5.1%. 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 | 56 | weight 30% |
|---|---|---|
| Solidity | 43 | weight 25% |
| Liquidity | 4 | weight 15% |
| Growth | 84 | weight 15% |
| Consistency | 46 | weight 15% |
Durability: 54 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is GCC SHIPOWNING 5 AS?
The operating margin was 25.5% in 2025, against a median of 23.0% among medium-sized companies in the same sector. Return on assets was 11.4%.
How solid is GCC SHIPOWNING 5 AS?
The equity ratio was 32.0% in 2025 (median 36.2%). Debt-to-equity was 2.12 (median 1.69).
What is the liquidity of GCC SHIPOWNING 5 AS like?
The current ratio was 0.21 in 2025 (median 1.34). Current assets did not cover current liabilities.
How does GCC SHIPOWNING 5 AS compare in Sjøfart?
GCC SHIPOWNING 5 AS ranks 557 of 1,016 in Sjøfart for 2025. Among companies of the same size (medium-sized companies) it ranks 148 of 273. Revenue changed by 50.3% from the year before.
From the Central Coordinating Register
- Org. no.
- 927459213
- Legal form
- AS
- Sector
- Sjøfart (50.201)
- Size tier
- medium
- Employees
- 0–4 (not registered)
- Founded
- 2 July 2021 5 years in operation
- Share capital
- 0.06 MNOK
- Business address
- Bryggegata 9, 0250 OSLO
- Municipality
- Oslo rank 63–221 of 357 in Norway
- Latest accounts filed
- 2025
- Website
- www.gramcar.com
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
- Chair of the board
- Georg Alexander Whist
- Board member
- Børre Iversen Mathisen
- Board member
- Sin Yee Chan
- Deputy member
- Gunnar Stautland Koløen
- Auditor
- BDO AS
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 | 59 | 54 | 48 | |
| Rank | 291 | 392 | 557 | |
| Operating margin | 38.7% | 60.1% | 25.5% | |
| Return on assets | 30.7% | 22.2% | 11.4% | |
| Equity ratio | 37.2% | 27.0% | 32.0% | |
| Current ratio | 0.69 | 0.08 | 0.21 | |
| Revenue growth | – | 47.4% | 50.3% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (USD). Revenue in NOK is converted from USD at the mean rate for the accounting period 1 January 2025–31 December 2025: 10.3912 (norges_bank). Balance-sheet amounts use the rate on the balance-sheet date. Ratios and growth are computed in USD. Exchange rates at Norges Bank
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 13.0 MUSD | 19.2 MUSD | 28.8 MUSD |
| Operating profit | 5.0 MUSD | 11.5 MUSD | 7.4 MUSD |
| Profit before tax | 4.3 MUSD | 15.4 MUSD | 2.3 MUSD |
| Net profit | 4.3 MUSD | 15.4 MUSD | 2.3 MUSD |
| Financial expenses | 1.1 MUSD | 0.5 MUSD | 5.4 MUSD |
| Total assets | 17.4 MUSD | 71.9 MUSD | 67.8 MUSD |
| Current assets | 4.8 MUSD | 4.1 MUSD | 2.6 MUSD |
| Equity | 6.5 MUSD | 19.4 MUSD | 21.7 MUSD |
| Retained earnings | 6.2 MUSD | 19.1 MUSD | 21.4 MUSD |
| Total liabilities | 10.9 MUSD | 52.5 MUSD | 46.1 MUSD |
| Current liabilities | 7.0 MUSD | 52.5 MUSD | 12.6 MUSD |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 7182337.
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