NJORD BAY AS
Score · fiscal year 2025
57of 100
How to read this: the company is ahead of 67 % of small companies in the same sector in 2025. What does this mean?
Rank: 517 of 1,549 · Sjøfart
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 72 and solidity 50 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
NJORD BAY AS is 7 points above the median for small companies in the same sector in 2025.
Median score 50 among 1,121 companies.
Against small companies in the same sector in 2025: operating margin 28.1% (median 8.5%) and equity ratio 55.8% (median 50.6%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 43 MNOK | 5 MNOK |
| Operating margin | 28.1% | 8.5% |
| Profit margin | 30.4% | 9.1% |
| Return on assets | 11.7% | 3.0% |
| Equity ratio | 55.8% | 50.6% |
| Debt-to-equity | 0.79 | 0.68 |
| Current ratio | 8.58 | 1.73 |
| Revenue growth | −22.2% | 0.3% |
The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 57, NJORD BAY AS does better than 67% of small companies in the same sector (1,127 companies) in 2025.
Score 2023–2025
- NJORD BAY AS
- Median: small companies in the same sector
NJORD BAY AS has a score of 57 for 2025, rank 517 of 1,549 in the sector.
Strongest: Liquidity: percentile 79 against peers, current ratio 8.58 against a median of 1.73. Profitability: percentile 72 against peers, operating margin 28.1% against a median of 8.5%.
Weakest: Growth: percentile 22 against peers, revenue growth −22.2% against a median of 0.3%.
Worth a closer look
- What lies behind weak growth, 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
NJORD BAY AS had an operating margin of 28.1% and an equity ratio of 55.8% in 2025, and ranks 517 of 1,549 in Sjøfart.
From 2024 to 2025: the operating margin fell from 42.0% to 28.1% and revenue fell by 22%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 19 MNOK and 130 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 130 MNOK |
| EV/EBIT | 8.0 | 19 MNOK |
| P/B | 1.0 | 119 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.
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 | 72 | weight 30% |
|---|---|---|
| Solidity | 50 | weight 25% |
| Liquidity | 79 | weight 15% |
| Growth | 22 | weight 15% |
| Consistency | 52 | weight 15% |
Durability: 57 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is NJORD BAY AS?
The operating margin was 28.1% in 2025, against a median of 8.5% among small companies in the same sector. Return on assets was 11.7%.
How solid is NJORD BAY AS?
The equity ratio was 55.8% in 2025 (median 50.6%). Debt-to-equity was 0.79 (median 0.68).
What is the liquidity of NJORD BAY AS like?
The current ratio was 8.58 in 2025 (median 1.73).
How does NJORD BAY AS compare in Sjøfart?
NJORD BAY AS ranks 517 of 1,549 in Sjøfart for 2025. Among companies of the same size (small companies) it ranks 378 of 1,127. Revenue changed by −22.2% from the year before.
From the Central Coordinating Register
- Org. no.
- 930590924
- Legal form
- AS
- Sector
- Sjøfart (50.201)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 1 December 2022 3 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 23–283 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
- Peder Nicolai Jarlsby
- Board member
- Odd Henning Naas
- Board member
- Korinna Tapaktsoglou
- Auditor
- CEDRA NORGE AS
- Accountant
- FEARNLEY BUSINESS MANAGEMENT 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 | 48 | 65 | 57 | |
| Rank | 682 | 247 | 517 | |
| Operating margin | 9.2% | 42.0% | 28.1% | |
| Return on assets | 1.3% | 10.4% | 11.7% | |
| Equity ratio | 51.2% | 50.6% | 55.8% | |
| Current ratio | 4.75 | 9.01 | 8.58 | |
| Revenue growth | – | 126.1% | −22.2% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 24.4 MNOK | 55.1 MNOK | 42.9 MNOK |
| Operating profit | 2.2 MNOK | 23.2 MNOK | 12.1 MNOK |
| Profit before tax | −15.7 MNOK | 3.0 MNOK | 13.0 MNOK |
| Net profit | −15.7 MNOK | 3.0 MNOK | 13.0 MNOK |
| Financial expenses | 18.8 MNOK | 20.9 MNOK | 11.9 MNOK |
| Total assets | 231.5 MNOK | 229.4 MNOK | 213.1 MNOK |
| Current assets | 19.0 MNOK | 26.7 MNOK | 19.8 MNOK |
| Equity | 118.4 MNOK | 116.1 MNOK | 119.0 MNOK |
| Retained earnings | −11.4 MNOK | −8.4 MNOK | 4.7 MNOK |
| Total liabilities | 113.0 MNOK | 113.4 MNOK | 94.1 MNOK |
| Current liabilities | 4.0 MNOK | 3.0 MNOK | 2.3 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 6662760.
Further
Similar companies
- KNUTSEN LNG II AS index 57, rank 513 · compare
- NORLAT SHIPPING LTD AS index 57, rank 514 · compare
- KRISTIANSUND TAUBÅTSERVICE AS index 57, rank 516 · compare
- ASKER TANKSHIP 6 AS index 57, rank 518 · compare
- UNION BULK HOLDING AS index 57, rank 519 · compare