SONGA EAGLE AS
Score · fiscal year 2024
61of 100
How to read this: the company is ahead of 76 % of medium-sized companies in the same sector in 2024. What does this mean?
Rank: 246 of 958 · Sjøfart
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 47 and solidity 86 out of 100 among medium-sized companies in the same sector in 2024. Methodology
Against the sector
SONGA EAGLE AS is 11 points above the median for medium-sized companies in the same sector in 2024.
Median score 50 among 268 companies.
Against medium-sized companies in the same sector in 2024: operating margin 29.9% (median 27.3%) and equity ratio 72.3% (median 37.5%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 108 MNOK | 205 MNOK |
| Operating margin | 29.9% | 27.3% |
| Profit margin | 19.8% | 17.0% |
| Return on assets | 9.8% | 12.1% |
| Equity ratio | 72.3% | 37.5% |
| Debt-to-equity | 0.38 | 1.49 |
| Current ratio | 0.56 | 1.40 |
| Revenue growth | 109.2% | 5.8% |
The median and “ahead of” refer to medium-sized companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 61, SONGA EAGLE AS does better than 76% of medium-sized companies in the same sector (268 companies) in 2024.
Score 2023–2025
- SONGA EAGLE AS
- Median: medium-sized companies in the same sector
What the numbers say
SONGA EAGLE AS had an operating margin of 29.9% and an equity ratio of 72.3% in 2024, and ranks 246 of 958 in Sjøfart.
From 2023 to 2024: revenue grew by 109% and the operating margin rose from 19.6% to 29.9%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 20 MUSD and 26 MUSD.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 20 MUSD |
| EV/EBIT | 8.0 | 26 MUSD |
| P/B | 1.0 | 23 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
- watch
Consider strengthening liquidity: current liabilities are 1.8 times current assets.
Based on: Current ratio 0.56 (median 1.40).
- 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 109.2% (median 5.8%); Current ratio 0.56 (median 1.40).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 12.9% of the debt in 2024. The policy rate averaged 4.50 % 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 | 47 | weight 30% |
|---|---|---|
| Solidity | 86 | weight 25% |
| Liquidity | 11 | weight 15% |
| Growth | 92 | weight 15% |
| Consistency | 67 | weight 15% |
Durability: 51 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is SONGA EAGLE AS?
The operating margin was 29.9% in 2024, against a median of 27.3% among medium-sized companies in the same sector. Return on assets was 9.8%.
How solid is SONGA EAGLE AS?
The equity ratio was 72.3% in 2024 (median 37.5%). Debt-to-equity was 0.38 (median 1.49).
What is the liquidity of SONGA EAGLE AS like?
The current ratio was 0.56 in 2024 (median 1.40). Current assets did not cover current liabilities.
How does SONGA EAGLE AS compare in Sjøfart?
SONGA EAGLE AS ranks 246 of 958 in Sjøfart for 2024. Among companies of the same size (medium-sized companies) it ranks 65 of 268. Revenue changed by 109.2% from the year before.
From the Central Coordinating Register
- Org. no.
- 930069779
- Legal form
- AS
- Sector
- Sjøfart (50.201)
- Size tier
- medium
- Employees
- 0–4 (not registered)
- Founded
- 15 September 2022 4 years in operation
- Share capital
- 0.15 MNOK
- Business address
- Haakon VIIs gate 1, 0161 OSLO
- Municipality
- Oslo rank 63–221 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
- Arne Blystad
- Board member
- Geir Nedrelo
- Auditor
- BHL 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 | 41 | 61 | 56 | |
| Rank | 578 | 246 | 361 | |
| Operating margin | 19.6% | 29.9% | 22.9% | |
| Return on assets | 3.8% | 9.8% | 9.3% | |
| Equity ratio | 47.7% | 72.3% | 62.6% | |
| Current ratio | 0.80 | 0.56 | 0.63 | |
| Revenue growth | – | 109.2% | 20.0% |
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 2024–31 December 2024: 10.7433 (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 | 4.8 MUSD | 10.0 MUSD | 12.0 MUSD |
| Operating profit | 0.9 MUSD | 3.0 MUSD | 2.7 MUSD |
| Profit before tax | 0.6 MUSD | 2.0 MUSD | 2.6 MUSD |
| Net profit | 0.6 MUSD | 2.0 MUSD | 2.6 MUSD |
| Financial expenses | 0.0 MUSD | 1.1 MUSD | 0.2 MUSD |
| Total assets | 14.6 MUSD | 31.7 MUSD | 30.9 MUSD |
| Current assets | 3.3 MUSD | 5.0 MUSD | 7.2 MUSD |
| Equity | 7.0 MUSD | 22.9 MUSD | 19.3 MUSD |
| Retained earnings | 0.8 MUSD | 2.7 MUSD | 5.4 MUSD |
| Total liabilities | 7.6 MUSD | 8.8 MUSD | 11.5 MUSD |
| Current liabilities | 4.2 MUSD | 8.8 MUSD | 11.5 MUSD |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 6162721.
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