DOF AS
Score · fiscal year 2025
42of 100
How to read this: the company is ahead of 35 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 1,328 of 2,035 · Sjøfart
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 18 and solidity 37 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
DOF AS is 6 points below the median for medium-sized companies in the same sector in 2025.
Median score 48 among 456 companies.
Against medium-sized companies in the same sector in 2025: operating margin −1.9% (median 22.9%) and equity ratio 37.1% (median 50.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 351 MNOK | 197 MNOK |
| Operating margin | −1.9% | 22.9% |
| Profit margin | −4.1% | 13.4% |
| Return on assets | 2.8% | 7.6% |
| Equity ratio | 37.1% | 50.4% |
| Debt-to-equity | 1.70 | 0.85 |
| Current ratio | 3.44 | 1.33 |
| Revenue growth | 12.8% | 2.4% |
| Revenue per employee | 7.32 MNOK | 2.66 MNOK |
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 42, DOF AS does better than 35% of medium-sized companies in the same sector (456 companies) in 2025.
Score 2023–2025
- DOF AS
- Median: medium-sized companies in the same sector
DOF AS has a score of 42 for 2025, rank 1,328 of 2,035 in the sector.
Strongest: Liquidity: percentile 73 against peers, current ratio 3.44 against a median of 1.33. Growth: percentile 66 against peers, revenue growth 12.8% against a median of 2.4%.
Weakest: Profitability: percentile 18 against peers, operating margin −1.9% against a median of 22.9%. Solidity: percentile 37 against peers, equity ratio 37.1% against a median of 50.4%.
Worth a closer look
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −4.1% (median 13.4%).
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin −1.9% (median 22.9%).
- What lies behind weak profitability, and will it last?
- What lies behind weak solidity, 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
DOF AS had an operating margin of −1.9% and an equity ratio of 37.1% in 2025, and ranks 1,328 of 2,035 in Sjøfart.
From 2024 to 2025: went from a profit to a loss before tax and revenue grew by 13%.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 109 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 109 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 company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −4.1% (median 13.4%).
- watch
The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin −1.9% (median 22.9%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 12.2% 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
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 | 18 | weight 30% |
|---|---|---|
| Solidity | 37 | weight 25% |
| Liquidity | 73 | weight 15% |
| Growth | 66 | weight 15% |
| Consistency | 45 | weight 15% |
Durability: 34 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is DOF AS?
The operating margin was −1.9% in 2025, against a median of 22.9% among medium-sized companies in the same sector. Return on assets was 2.8%. The company made a loss before tax.
How solid is DOF AS?
The equity ratio was 37.1% in 2025 (median 50.4%). Debt-to-equity was 1.70 (median 0.85).
What is the liquidity of DOF AS like?
The current ratio was 3.44 in 2025 (median 1.33).
How does DOF AS compare in Sjøfart?
DOF AS ranks 1,328 of 2,035 in Sjøfart for 2025. Among companies of the same size (medium-sized companies) it ranks 297 of 456. Revenue changed by 12.8% from the year before.
From the Central Coordinating Register
- Org. no.
- 929998529
- Legal form
- AS
- Sector
- Sjøfart (50.203)
- Size tier
- medium
- Employees
- 48 registered 10 October 2026
- Founded
- 6 September 2022 4 years in operation
- Share capital
- 1.10 MNOK
- Business address
- Alfabygget 1, 5392 STOREBØ (AUSTEVOLL)
- Municipality
- Austevoll rank 1 of 18 in KOSTRA group 2
- 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
- Martin Lundberg
- Chair of the board
- Mons Svendal Aase
- Board member
- Marianne Møgster
- Board member
- Martin Lundberg
- Auditor
- PRICEWATERHOUSECOOPERS 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 | 22 | 37 | 42 | |
| Rank | 1,569 | 1,417 | 1,328 | |
| Operating margin | −2.8% | −2.7% | −1.9% | |
| Return on assets | −0.5% | 3.6% | 2.8% | |
| Equity ratio | 32.6% | 31.5% | 37.1% | |
| Current ratio | 0.95 | 1.40 | 3.44 | |
| Revenue growth | – | 50.2% | 12.8% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 207.3 MNOK | 311.5 MNOK | 351.4 MNOK |
| Operating profit | −5.9 MNOK | −8.5 MNOK | −6.6 MNOK |
| Profit before tax | −7.1 MNOK | 0.4 MNOK | −14.4 MNOK |
| Net profit | −5.6 MNOK | 0.3 MNOK | −27.1 MNOK |
| Financial expenses | 4.9 MNOK | 14.5 MNOK | 22.6 MNOK |
| Total assets | 401.0 MNOK | 418.1 MNOK | 295.1 MNOK |
| Current assets | 255.4 MNOK | 400.4 MNOK | 269.1 MNOK |
| Equity | 130.8 MNOK | 131.9 MNOK | 109.4 MNOK |
| Retained earnings | −0.2 MNOK | 0.9 MNOK | −21.6 MNOK |
| Total liabilities | 270.2 MNOK | 286.2 MNOK | 185.7 MNOK |
| Current liabilities | 270.2 MNOK | 285.9 MNOK | 78.3 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 6966432.
Further
Similar companies
- BORGSTEIN SKIPSINVEST AS index 43, rank 1,321 · compare
- REM ENERGY INTERNATIONAL AS index 42, rank 1,322 · compare
- HAGLAND BULK SHIPPING AS index 42, rank 1,327 · compare
- ISLAND VICTORY AS index 42, rank 1,330 · compare
- NORSPAN LNG XII AS index 42, rank 1,331 · compare