ULLERNSHIP AS

Org. no. 930349895 · OSLO · Founded 1970

Score · fiscal year 2023

49of 100

How to read this: the company is ahead of 50 % of small companies in the same sector in 2023. What does this mean?

Rank: 907 of 1,788 · Sjøfart

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 55 and solidity 34 out of 100 among small companies in the same sector in 2023. Methodology

Against the sector

ULLERNSHIP AS is at the median for small companies in the same sector in 2023.

Median score 49 among 1,333 companies.

Source: Register of Company Accounts and Central Coordinating RegisterFetched 27 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating margin – 9.6% not compared
Profit margin – 8.6% shown, not part of the index
Return on assets 5.1% 3.7% 55 %
Equity ratio 36.1% 50.5% 40 %
Debt-to-equity 1.77 0.59 29 %
Current ratio 1.38 1.70 44 %
Revenue growth – 18.4% not compared

The median and “ahead of” refer to small companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 49, ULLERNSHIP AS does better than 50% of small companies in the same sector (1,335 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • ULLERNSHIP AS
  • Median: small companies in the same sector
Analysis · 2023

What the numbers say

ULLERNSHIP AS had an operating margin of – and an equity ratio of 36.1% in 2023, and ranks 907 of 1,788 in Sjøfart.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

One method gives a figure: 2 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.0 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −0.1 MNOK 8.0 not meaningful
P/B Equity: 2.3 MNOK 1.0 2 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

Indications · 2023

Worth a closer look

  • watch

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin – (median 8.6%).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 8.6% 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.

Data quality

  • watch Revenue not reported
Stress test · 2026

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

Components · 2023

What the score is made of

Profitability55 weight 30%
Solidity34 weight 25%
Liquidity44 weight 15%
Growth– no data, left out
Consistency64 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2023

Questions and answers

How profitable is ULLERNSHIP AS?

The operating margin was – in 2023, against a median of 9.6% among small companies in the same sector. Return on assets was 5.1%. The company made a loss before tax.

How solid is ULLERNSHIP AS?

The equity ratio was 36.1% in 2023 (median 50.5%). Debt-to-equity was 1.77 (median 0.59).

What is the liquidity of ULLERNSHIP AS like?

The current ratio was 1.38 in 2023 (median 1.70).

How does ULLERNSHIP AS compare in Sjøfart?

ULLERNSHIP AS ranks 907 of 1,788 in Sjøfart for 2023. Among companies of the same size (small companies) it ranks 674 of 1,335.

From the Central Coordinating Register

Org. no.
930349895
Legal form
AS
Sector
Sjøfart (50.201)
Size tier
small
Employees
0–4 (not registered)
Founded
30 November 1970 55 years in operation
Share capital
0.12 MNOK
Business address
c/o Mathiesen, Skogfaret 25D, 0382 OSLO
Municipality
Oslo rank 63–221 of 357 in Norway
Audit
Audit opted out from 20 September 2011
Latest accounts filed
2025
LEI
254900C0PZU9LF16N215 not renewed (lapsed)

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
Mogens Mathiesen
Chair of the board
Mogens Lars Mathiesen
Accountant
BHL ACCOUNTING AS

Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.

Parent company
No parent company: owned by persons

Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 29 October 2026. The parent is the one the company itself reported to GLEIF.

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.

Report an issue

Figures last fetched 27 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index496048
Rank9075211,110
Operating margin–––
Return on assets5.1%27.5%16.6%
Equity ratio36.1%39.6%22.9%
Current ratio1.381.520.77
Revenue growth–––

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure202320242025
Operating revenue–––
Operating profit−0.1 MNOK0.0 MNOK0.0 MNOK
Profit before tax0.0 MNOK0.0 MNOK0.0 MNOK
Net profit0.0 MNOK0.0 MNOK0.0 MNOK
Financial expenses0.3 MNOK1.6 MNOK0.6 MNOK
Total assets6.3 MNOK5.8 MNOK3.6 MNOK
Current assets5.5 MNOK5.3 MNOK2.1 MNOK
Equity2.3 MNOK2.3 MNOK0.8 MNOK
Retained earnings1.6 MNOK1.7 MNOK0.2 MNOK
Total liabilities4.0 MNOK3.5 MNOK2.7 MNOK
Current liabilities4.0 MNOK3.5 MNOK2.7 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 5129015.