GAIA SHIP MANAGEMENT AS

Org. no. 930726532 · OSLO · Founded 1981

Score · fiscal year 2023

9of 100

How to read this: the company is ahead of 5 % of small companies in the same sector in 2023. What does this mean?

Rank: 1,279 of 1,337 · Sjøfart

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 11 and solidity 0 out of 100 among small companies in the same sector in 2023. Methodology

Against the sector

GAIA SHIP MANAGEMENT AS is 40 points below the median for small companies in the same sector in 2023.

Median score 49 among 996 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 revenue0 MNOK4 MNOK
Operating margin – 9.1% not compared
Profit margin – 7.7% shown, not part of the index
Return on assets −17.5% 3.3% 11 %
Equity ratio −117.8% 51.1% 7 %
Debt-to-equity – 0.56 not compared
Current ratio 0.45 1.75 20 %
Revenue growth – 24.8% 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 9, GAIA SHIP MANAGEMENT AS does better than 5% of small companies in the same sector (997 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • GAIA SHIP MANAGEMENT AS
  • Median: small companies in the same sector
Analysis · 2023

What the numbers say

GAIA SHIP MANAGEMENT AS had an operating margin of – and an equity ratio of −117.8% in 2023, and ranks 1,279 of 1,337 in Sjøfart.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

MethodInputMultipleEstimate
P/E Net profit: −4.1 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −4.1 MNOK 8.0 not meaningful
P/B Equity: −27.6 MNOK 1.0 not meaningful

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

  • critical

    Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?

    Based on: Equity ratio −117.8% (median 51.1%).

  • critical

    Consider strengthening liquidity: current liabilities are 2.2 times current assets.

    Based on: Current ratio 0.45 (median 1.75).

  • watch

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

    Based on: Profit margin – (median 7.7%).

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

Data quality

  • watch No revenue but large assets
  • critical Negative equity
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

Profitability11 weight 30%
Solidity0 weight 25%
Liquidity20 weight 15%
Growth– no data, left out
Consistency11 weight 15%

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

2023

Questions and answers

How profitable is GAIA SHIP MANAGEMENT AS?

The operating margin was – in 2023, against a median of 9.1% among small companies in the same sector. Return on assets was −17.5%. The company made a loss before tax.

How solid is GAIA SHIP MANAGEMENT AS?

The equity ratio was −117.8% in 2023 (median 51.1%). Equity is negative, so liabilities exceed assets.

What is the liquidity of GAIA SHIP MANAGEMENT AS like?

The current ratio was 0.45 in 2023 (median 1.75). Current assets did not cover current liabilities.

How does GAIA SHIP MANAGEMENT AS compare in Sjøfart?

GAIA SHIP MANAGEMENT AS ranks 1,279 of 1,337 in Sjøfart for 2023. Among companies of the same size (small companies) it ranks 948 of 997.

From the Central Coordinating Register

Org. no.
930726532
Legal form
AS
Sector
Sjøfart (50.203)
Size tier
small
Employees
0–4 (not registered)
Founded
13 December 1981 44 years in operation
Share capital
0.50 MNOK
Business address
Sandakerveien 78, 0484 OSLO
Municipality
Oslo rank 106–282 of 357 in Norway
Audit
Audit opted out from 23 December 2022
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
Per Olav Karlsen
Chair of the board
Per Olav Karlsen

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.

Report an issue

Figures last fetched 27 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index987
Rank1,2791,4151,544
Operating margin–−212.6%−4,263.6%
Return on assets−17.5%−22.3%−9.2%
Equity ratio−117.8%−159.8%−169.6%
Current ratio0.450.230.23
Revenue growth––−97.9%

Accounts

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

Key figure202320242025
Operating revenue0.0 MNOK2.1 MNOK0.0 MNOK
Operating profit−4.1 MNOK−4.5 MNOK−1.9 MNOK
Profit before tax−4.1 MNOK−4.5 MNOK−1.8 MNOK
Net profit−4.1 MNOK−4.5 MNOK−1.8 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets23.4 MNOK20.1 MNOK20.0 MNOK
Current assets23.1 MNOK12.2 MNOK12.1 MNOK
Equity−27.6 MNOK−32.1 MNOK−33.9 MNOK
Retained earnings−32.7 MNOK−37.1 MNOK−39.0 MNOK
Total liabilities51.0 MNOK52.1 MNOK53.9 MNOK
Current liabilities51.0 MNOK52.1 MNOK53.9 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 5287743.