SMULAN AS
Score · fiscal year 2025
65of 100
How to read this: the company is ahead of 83 % of small companies in the same sector in 2025. What does this mean?
Rank: 398 of 2,256 · Sjømat
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 79 and solidity 42 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
SMULAN AS is 16 points above the median for small companies in the same sector in 2025.
Median score 49 among 2,011 companies.
Against small companies in the same sector in 2025: operating margin 20.5% (median 10.3%) and equity ratio 31.5% (median 32.5%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 1 MNOK | 2 MNOK |
| Operating margin | 20.5% | 10.3% |
| Profit margin | 17.8% | 5.8% |
| Return on assets | 24.5% | 3.1% |
| Equity ratio | 31.5% | 32.5% |
| Debt-to-equity | 2.17 | 1.14 |
| Current ratio | 3.39 | 1.56 |
| Revenue growth | 44.4% | 15.5% |
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 65, SMULAN AS does better than 83% of small companies in the same sector (2,027 companies) in 2025.
Score 2023–2025
- SMULAN AS
- Median: small companies in the same sector
What the numbers say
SMULAN AS had an operating margin of 20.5% and an equity ratio of 31.5% in 2025, and ranks 398 of 2,256 in Sjømat.
From 2024 to 2025: the operating margin rose from −7.5% to 20.5% and went from a loss to a profit before tax.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 0 MNOK and 2 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 2 MNOK |
| EV/EBIT | 8.0 | 2 MNOK |
| 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
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 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
What the score is made of
| Profitability | 79 | weight 30% |
|---|---|---|
| Solidity | 42 | weight 25% |
| Liquidity | 72 | weight 15% |
| Growth | 71 | weight 15% |
| Consistency | 64 | weight 15% |
Durability: 52 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is SMULAN AS?
The operating margin was 20.5% in 2025, against a median of 10.3% among small companies in the same sector. Return on assets was 24.5%.
How solid is SMULAN AS?
The equity ratio was 31.5% in 2025 (median 32.5%). Debt-to-equity was 2.17 (median 1.14).
What is the liquidity of SMULAN AS like?
The current ratio was 3.39 in 2025 (median 1.56).
How does SMULAN AS compare in Sjømat?
SMULAN AS ranks 398 of 2,256 in Sjømat for 2025. Among companies of the same size (small companies) it ranks 355 of 2,027. Revenue changed by 44.4% from the year before.
From the Central Coordinating Register
- Org. no.
- 927484234
- Legal form
- AS
- Sector
- Sjømat (03.110)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 29 June 2021 5 years in operation
- Share capital
- 0.05 MNOK
- Business address
- Skippergata 30A, 9593 BREIVIKBOTN (HASVIK)
- Municipality
- Hasvik rank 18 of 36 in KOSTRA group 15
- Audit
- Audit opted out from 29 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
- Chair of the board
- Lotta Johanna Norman
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 | 58 | 34 | 65 | |
| Rank | 792 | 1,729 | 398 | |
| Operating margin | 18.2% | −7.5% | 20.5% | |
| Return on assets | 25.2% | −4.8% | 24.5% | |
| Equity ratio | 20.9% | 17.6% | 31.5% | |
| Current ratio | 1.66 | 1.22 | 3.39 | |
| Revenue growth | – | −45.8% | 44.4% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 1.4 MNOK | 0.8 MNOK | 1.1 MNOK |
| Operating profit | 0.3 MNOK | −0.1 MNOK | 0.2 MNOK |
| Profit before tax | 0.2 MNOK | −0.1 MNOK | 0.2 MNOK |
| Net profit | 0.2 MNOK | −0.1 MNOK | 0.2 MNOK |
| Financial expenses | 0.1 MNOK | 0.1 MNOK | 0.0 MNOK |
| Total assets | 1.1 MNOK | 0.9 MNOK | 1.0 MNOK |
| Current assets | 0.4 MNOK | 0.2 MNOK | 0.4 MNOK |
| Equity | 0.2 MNOK | 0.1 MNOK | 0.3 MNOK |
| Retained earnings | 0.2 MNOK | 0.1 MNOK | 0.3 MNOK |
| Total liabilities | 0.9 MNOK | 0.7 MNOK | 0.7 MNOK |
| Current liabilities | 0.2 MNOK | 0.2 MNOK | 0.1 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 6844504.
Further
Similar companies
- STEINBITEN AS index 66, rank 395
- KETO AS index 66, rank 396
- AUSTNESFJORD AS index 65, rank 397
- IFS INVEST AS index 65, rank 399
- GJENDEMSJØ SEAFOOD AS index 65, rank 400