POLAR MARIN AS
Score · fiscal year 2023
25of 100
How to read this: the company is ahead of 18 % of small companies in the same sector in 2023. What does this mean?
Rank: 2,442 of 2,944 · Sjømat
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 26 and solidity 10 out of 100 among small companies in the same sector in 2023. Methodology
Against the sector
POLAR MARIN AS is 25 points below the median for small companies in the same sector in 2023.
Median score 50 among 2,601 companies.
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 0 MNOK | 2 MNOK |
| Operating margin | – | 9.2% |
| Profit margin | – | 5.0% |
| Return on assets | −4.1% | 2.0% |
| Equity ratio | 0.2% | 32.5% |
| Debt-to-equity | 425.90 | 1.20 |
| Current ratio | 1.00 | 1.52 |
| Revenue growth | – | 10.0% |
| Revenue per employee | 0.00 MNOK | 1.51 MNOK |
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 25, POLAR MARIN AS does better than 18% of small companies in the same sector (2,603 companies) in 2023.
Score 2023–2025
- POLAR MARIN AS
- Median: small companies in the same sector
What the numbers say
POLAR MARIN AS had an operating margin of – and an equity ratio of 0.2% in 2023, and ranks 2,442 of 2,944 in Sjømat.
This text is generated automatically from the 2023 accounts.
Three simple methods
One method gives a figure: 0 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 0 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 equity ratio is very low. Could the company absorb a bad year, and does it need more equity?
Based on: Equity ratio 0.2% (median 32.5%).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin – (median 5.0%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
- watch No revenue but large assets
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 −1.7%. 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 | 26 | weight 30% |
|---|---|---|
| Solidity | 10 | weight 25% |
| Liquidity | 37 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 39 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is POLAR MARIN AS?
The operating margin was – in 2023, against a median of 9.2% among small companies in the same sector. Return on assets was −4.1%. The company made a loss before tax.
How solid is POLAR MARIN AS?
The equity ratio was 0.2% in 2023 (median 32.5%). Debt-to-equity was 425.90 (median 1.20).
What is the liquidity of POLAR MARIN AS like?
The current ratio was 1.00 in 2023 (median 1.52).
How does POLAR MARIN AS compare in Sjømat?
POLAR MARIN AS ranks 2,442 of 2,944 in Sjømat for 2023. Among companies of the same size (small companies) it ranks 2,142 of 2,603.
From the Central Coordinating Register
- Org. no.
- 931067311
- Legal form
- AS
- Sector
- Sjømat (03.300)
- Size tier
- small
- Employees
- 9 registered 10 January 2026
- Founded
- 16 February 2023 3 years in operation
- Share capital
- 0.13 MNOK
- Business address
- Seløyveien 554, 8845 SELØY (HERØY)
- Municipality
- Herøy (Nordland) rank 12–26 of 36 in KOSTRA group 15
- 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
- Matey Dinkov Mateev
- Chair of the board
- Jan Erik Jakobsen
- Board member
- Andreas Jakobsen
- Board member
- Eirik Albrigtsen Hansen
- Board member
- Matey Dinkov Mateev
- Auditor
- HELGELAND REVISJON AS
- Accountant
- MOSJØEN REGNSKAPSKONTOR 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 | 25 | 15 | 65 | |
| Rank | 2,442 | 2,963 | 591 | |
| Operating margin | – | −827.5% | 44.8% | |
| Return on assets | −4.1% | −6.6% | 11.9% | |
| Equity ratio | 0.2% | −12.1% | 26.0% | |
| Current ratio | 1.00 | 0.89 | 1.57 | |
| Revenue growth | – | – | 15,029.4% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.0 MNOK | 0.1 MNOK | 19.4 MNOK |
| Operating profit | 0.0 MNOK | −1.1 MNOK | 8.7 MNOK |
| Profit before tax | −0.3 MNOK | −2.0 MNOK | 4.5 MNOK |
| Net profit | −0.3 MNOK | −2.0 MNOK | 3.9 MNOK |
| Financial expenses | −0.3 MNOK | 0.9 MNOK | 4.2 MNOK |
| Total assets | 12.8 MNOK | 16.0 MNOK | 73.6 MNOK |
| Current assets | 12.8 MNOK | 16.0 MNOK | 6.0 MNOK |
| Equity | 0.0 MNOK | −1.9 MNOK | 19.1 MNOK |
| Retained earnings | 0.0 MNOK | −2.0 MNOK | 0.1 MNOK |
| Total liabilities | 12.8 MNOK | 17.9 MNOK | 54.5 MNOK |
| Current liabilities | 12.8 MNOK | 17.9 MNOK | 3.8 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 4648537.
Further
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