VEIDAR AS
Score · fiscal year 2025
38of 100
How to read this: the company is ahead of 23 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 2,415 of 3,375 · Sjømat
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 43 and solidity 6 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
VEIDAR AS is 11 points below 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 12.4% (median 10.6%) and equity ratio 5.6% (median 41.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 137 MNOK | 201 MNOK |
| Operating margin | 12.4% | 10.6% |
| Profit margin | 5.2% | 7.2% |
| Return on assets | 2.5% | 7.4% |
| Equity ratio | 5.6% | 41.4% |
| Debt-to-equity | 16.75 | 1.37 |
| Current ratio | 1.46 | 1.72 |
| Revenue growth | 38.5% | 8.9% |
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 38, VEIDAR AS does better than 23% of medium-sized companies in the same sector (338 companies) in 2025.
Score 2023–2025
- VEIDAR AS
- Median: medium-sized companies in the same sector
VEIDAR AS has a score of 38 for 2025, rank 2,415 of 3,375 in the sector.
Strongest: Growth: percentile 80 against peers, revenue growth 38.5% against a median of 8.9%.
Weakest: Solidity: percentile 6 against peers, equity ratio 5.6% against a median of 41.4%. Consistency: percentile 37 against peers.
Worth a closer look
- The equity ratio is very low. Could the company absorb a bad year, and does it need more equity? Based on: equity ratio 5.6% (median 41.4%).
- What lies behind weak solidity, and will it last?
- What lies behind weak consistency, and will it last?
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
VEIDAR AS had an operating margin of 12.4% and an equity ratio of 5.6% in 2025, and ranks 2,415 of 3,375 in Sjømat.
From 2024 to 2025: went from a loss to a profit before tax and revenue grew by 39%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 16 MNOK and 162 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 55 MNOK |
| EV/EBIT | 8.0 | 162 MNOK |
| P/B | 1.0 | 16 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
- watch
The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?
Based on: Equity ratio 5.6% (median 41.4%).
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 | 43 | weight 30% |
|---|---|---|
| Solidity | 6 | weight 25% |
| Liquidity | 41 | weight 15% |
| Growth | 80 | weight 15% |
| Consistency | 37 | weight 15% |
Durability: 40 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is VEIDAR AS?
The operating margin was 12.4% in 2025, against a median of 10.6% among medium-sized companies in the same sector. Return on assets was 2.5%.
How solid is VEIDAR AS?
The equity ratio was 5.6% in 2025 (median 41.4%). Debt-to-equity was 16.75 (median 1.37).
What is the liquidity of VEIDAR AS like?
The current ratio was 1.46 in 2025 (median 1.72).
How does VEIDAR AS compare in Sjømat?
VEIDAR AS ranks 2,415 of 3,375 in Sjømat for 2025. Among companies of the same size (medium-sized companies) it ranks 259 of 338. Revenue changed by 38.5% from the year before.
Public contracts
- Contracts awarded since 2024
- 1
- Total awarded value since 2024
- value not stated
- 1 contracts without a stated value are not in the total.
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 5 November 2024 | Havforskningsinstituttet | 24/01171 Havgående Referanseflåte - 10 fartøy 2025-2028 | value not stated |
Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.
Source: Doffin (DFØ), fetched 27 October 2026. Winners are matched on organisation number.
Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0
From the Central Coordinating Register
- Org. no.
- 929873939
- Legal form
- AS
- Sector
- Sjømat (03.110)
- Size tier
- medium
- Employees
- 0–4 (not registered)
- Founded
- 29 June 2022 4 years in operation
- Share capital
- 0.20 MNOK
- Business address
- Jussbakken 96, 6055 GODØYA (GISKE)
- Municipality
- Giske rank 8 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
- Sindre Johan Dyb
- Chair of the board
- Sindre Johan Dyb
- Board member
- Torfinn Ulla
- Board member
- Ronald Dyb
- Auditor
- CEDRA NORGE AS
- Accountant
- HASUND 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 | 37 | 46 | 38 | |
| Rank | 2,061 | 1,783 | 2,415 | |
| Operating margin | 12.4% | 6.2% | 12.4% | |
| Return on assets | 5.3% | 2.7% | 2.5% | |
| Equity ratio | 19.7% | 19.2% | 5.6% | |
| Current ratio | 4.01 | 2.44 | 1.46 | |
| Revenue growth | – | −22.0% | 38.5% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 126.8 MNOK | 98.9 MNOK | 137.0 MNOK |
| Operating profit | 15.8 MNOK | 6.1 MNOK | 17.0 MNOK |
| Profit before tax | 4.7 MNOK | −4.0 MNOK | 7.1 MNOK |
| Net profit | 3.6 MNOK | −3.1 MNOK | 5.5 MNOK |
| Financial expenses | 12.9 MNOK | 12.8 MNOK | – |
| Total assets | 330.2 MNOK | 321.9 MNOK | 282.8 MNOK |
| Current assets | 78.5 MNOK | 65.6 MNOK | 54.6 MNOK |
| Equity | 64.9 MNOK | 61.8 MNOK | 15.9 MNOK |
| Retained earnings | 3.6 MNOK | 0.4 MNOK | – |
| Total liabilities | 265.2 MNOK | 260.1 MNOK | 266.8 MNOK |
| Current liabilities | 19.6 MNOK | 26.9 MNOK | 37.3 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 6954280.
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