UPSTREAM AQUA AS
Score · fiscal year 2025
38of 100
How to read this: the company is ahead of 30 % of small companies in the same sector in 2025. What does this mean?
Rank: 2,255 of 3,183 · Sjømat
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 5 and solidity 74 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
UPSTREAM AQUA AS is 11 points below the median for small companies in the same sector in 2025.
Median score 49 among 2,815 companies.
Against small companies in the same sector in 2025: operating margin −1,766.9% (median 10.3%) and equity ratio 75.8% (median 31.6%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 0 MNOK | 1 MNOK |
| Operating margin | −1,766.9% | 10.3% |
| Profit margin | −1,767.6% | 6.1% |
| Return on assets | −53.7% | 2.6% |
| Equity ratio | 75.8% | 31.6% |
| Debt-to-equity | 0.32 | 1.24 |
| Current ratio | 1.15 | 1.51 |
| Revenue growth | – | 16.7% |
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 38, UPSTREAM AQUA AS does better than 30% of small companies in the same sector (2,841 companies) in 2025.
Score 2023–2025
- UPSTREAM AQUA AS
- Median: small companies in the same sector
What the numbers say
UPSTREAM AQUA AS had an operating margin of −1,766.9% and an equity ratio of 75.8% in 2025, and ranks 2,255 of 3,183 in Sjømat.
From 2024 to 2025: the equity ratio rose from 64.5% to 75.8%.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 4 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 4 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 company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −1,767.6% (median 6.1%).
- watch
The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin −1,766.9% (median 10.3%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
- watch Extreme margin: check the figures
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 | 5 | weight 30% |
|---|---|---|
| Solidity | 74 | weight 25% |
| Liquidity | 42 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 41 | weight 15% |
Durability: 33 (average over 3 years)
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is UPSTREAM AQUA AS?
The operating margin was −1,766.9% in 2025, against a median of 10.3% among small companies in the same sector. Return on assets was −53.7%. The company made a loss before tax.
How solid is UPSTREAM AQUA AS?
The equity ratio was 75.8% in 2025 (median 31.6%). Debt-to-equity was 0.32 (median 1.24).
What is the liquidity of UPSTREAM AQUA AS like?
The current ratio was 1.15 in 2025 (median 1.51).
How does UPSTREAM AQUA AS compare in Sjømat?
UPSTREAM AQUA AS ranks 2,255 of 3,183 in Sjømat for 2025. Among companies of the same size (small companies) it ranks 1,977 of 2,841.
From the Central Coordinating Register
- Org. no.
- 931339931
- Legal form
- AS
- Sector
- Sjømat (03.222)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 1 April 2023 3 years in operation
- Share capital
- 0.45 MNOK
- Business address
- Torpomoen 27, 3579 TORPO (ÅL)
- Municipality
- Ål rank 2 of 33 in KOSTRA group 5
- Audit
- Audit opted out from 5 May 2023
- 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
- Jørn-Gunnar Jacobsen
- Chair of the board
- Torleif Bjella
- Board member
- Jørn-Gunnar Jacobsen
- Accountant
- SPAREBANK 1 REGNSKAPSHUSET VALHALL 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 | 26 | 36 | 38 | |
| Rank | 2,253 | 2,169 | 2,255 | |
| Operating margin | −8.2% | – | −1,766.9% | |
| Return on assets | −28.8% | −6.9% | −53.7% | |
| Equity ratio | 15.6% | 64.5% | 75.8% | |
| Current ratio | 1.19 | 0.47 | 1.15 | |
| Revenue growth | – | −100.0% | – |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 1.1 MNOK | 0.0 MNOK | 0.1 MNOK |
| Operating profit | −0.1 MNOK | −0.3 MNOK | −2.5 MNOK |
| Profit before tax | −0.1 MNOK | −0.3 MNOK | −2.5 MNOK |
| Net profit | −0.1 MNOK | −0.3 MNOK | −2.5 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 0.3 MNOK | 4.1 MNOK | 4.7 MNOK |
| Current assets | 0.3 MNOK | 0.7 MNOK | 1.3 MNOK |
| Equity | 0.1 MNOK | 2.6 MNOK | 3.6 MNOK |
| Retained earnings | −0.1 MNOK | −0.4 MNOK | −2.9 MNOK |
| Total liabilities | 0.3 MNOK | 1.4 MNOK | 1.1 MNOK |
| Current liabilities | 0.3 MNOK | 1.4 MNOK | 1.1 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 6880036.
Further
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