FLIPPER PSV AS
Score · fiscal year 2023
61of 100
How to read this: the company is ahead of 65 % of companies in the Morning class Small in the same sector in 2023. What does this mean?
Rank in the Morning class Small: 81 of 231 · What are Morning company classes?
Place in the whole sector: 281 of 893 · Sjøfart
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 34 and solidity 93 out of 100 among companies in the Morning class Small in the same sector in 2023. Methodology
Against the sector
FLIPPER PSV AS is 13 points above the median for companies in the Morning class Small in the same sector in 2023.
Median score 48 among 231 companies.
Against companies in the Morning class Small in the same sector in 2023: operating margin 6.3% (median 12.3%) and equity ratio 96.0% (median 43.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 48 MNOK | 25 MNOK |
| Operating margin | 6.3% | 12.3% |
| Profit margin | 9.3% | 7.4% |
| Return on assets | 3.9% | 9.5% |
| Equity ratio | 96.0% | 43.4% |
| Debt-to-equity | 0.04 | 1.09 |
| Current ratio | 7.16 | 1.69 |
| Revenue growth | – | 25.2% |
The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 61, FLIPPER PSV AS does better than 65% of companies in the Morning class Small in the same sector (231 companies) in 2023.
Score 2023–2025
- FLIPPER PSV AS
- Median: companies in the Morning class Small in the same sector
What the numbers say
FLIPPER PSV AS had an operating margin of 6.3% and an equity ratio of 96.0% in 2023, and ranks 281 of 893 in Sjøfart.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 35 MNOK and 111 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 42 MNOK |
| EV/EBIT | 8.0 | 35 MNOK |
| P/B | 1.0 | 111 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.
Financial costs were 0.1% of the debt in 2023. The policy rate averaged 3.54 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.
See interest rates, prices and exchange rates for the sector
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 | 34 | weight 30% |
|---|---|---|
| Solidity | 93 | weight 25% |
| Liquidity | 85 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 35 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is FLIPPER PSV AS?
The operating margin was 6.3% in 2023, against a median of 12.3% among companies in the Morning class Small in the same sector. Return on assets was 3.9%.
How solid is FLIPPER PSV AS?
The equity ratio was 96.0% in 2023 (median 43.4%). Debt-to-equity was 0.04 (median 1.09).
What is the liquidity of FLIPPER PSV AS like?
The current ratio was 7.16 in 2023 (median 1.69).
How does FLIPPER PSV AS compare in Sjøfart?
FLIPPER PSV AS ranks 281 of 893 in Sjøfart for 2023. Among companies in the Morning class Small it is number 81 of 231.
From the Central Coordinating Register
- Org. no.
- 929492862
- Legal form
- AS
- Sector
- Sjøfart (50.201)
- Morning company class
- Small
- Employees
- 0–4 (not registered)
- Founded
- 1 June 2022 4 years in operation
- Share capital
- 1.00 MNOK
- Business address
- c/o Fearnley Business Management AS, Dronning Eufemias gate 8, 0191 OSLO
- Municipality
- Oslo rank 63–220 of 357 in Norway
- 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
- Janne Green Heglund
- Board member
- Oddbjørn Lende
- Board member
- Charles Fabrikant
- Auditor
- CEDRA NORGE AS
- Accountant
- FEARNLEY BUSINESS MANAGEMENT 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 | 61 | 90 | 46 | |
| Rank | 281 | 3 | 589 | |
| Operating margin | 6.3% | 52.1% | −8.6% | |
| Return on assets | 3.9% | 64.0% | −3.9% | |
| Equity ratio | 96.0% | 97.8% | 95.2% | |
| Current ratio | 7.16 | 15.14 | 7.17 | |
| Revenue growth | – | 134.1% | −51.7% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 47.8 MNOK | 111.9 MNOK | 54.0 MNOK |
| Operating profit | 3.0 MNOK | 58.2 MNOK | −4.6 MNOK |
| Profit before tax | 4.5 MNOK | 61.4 MNOK | −7.7 MNOK |
| Net profit | 4.2 MNOK | 60.8 MNOK | −7.7 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 4.9 MNOK |
| Total assets | 116.0 MNOK | 95.9 MNOK | 68.6 MNOK |
| Current assets | 33.3 MNOK | 32.5 MNOK | 23.6 MNOK |
| Equity | 111.3 MNOK | 93.8 MNOK | 65.3 MNOK |
| Retained earnings | 6.4 MNOK | 67.2 MNOK | 59.4 MNOK |
| Total liabilities | 4.7 MNOK | 2.1 MNOK | 3.3 MNOK |
| Current liabilities | 4.7 MNOK | 2.1 MNOK | 3.3 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 5357967.
Further
Similar companies
- ASPØY AS index 61, rank 266 · compare
- TEK SÆRS AS index 61, rank 274 · compare
- MS NOVATRANS AS index 61, rank 278 · compare
- RUTEBÅTEN UTSIRA AS index 61, rank 283 · compare
- HOLBERG SHIPPING AS index 60, rank 288 · compare