SEA1 OFFSHORE REDERI AS

Org. no. 931402900 · KRISTIANSAND · Founded 1854

Score · fiscal year 2023

58of 100

How to read this: the company is ahead of 69 % of companies in the same sector in 2023. What does this mean?

Rank: 178 of 565 · Olje og gass

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 84 and solidity 49 out of 100 among companies in the same sector in 2023. Methodology

Against the sector

SEA1 OFFSHORE REDERI AS is 9 points above the median for companies in the same sector in 2023.

Median score 49 among 565 companies. The size tier was too small, so the company is compared with the whole sector.

Against companies in the same sector in 2023: operating margin 81.6% (median 14.7%) and equity ratio 44.6% (median 36.1%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating margin 81.6% 14.7% 94 %
Profit margin 70.9% 11.6% shown, not part of the index
Return on assets 18.9% 5.2% 74 %
Equity ratio 44.6% 36.1% 53 %
Debt-to-equity 1.24 1.08 45 %
Current ratio 0.73 0.97 21 %
Revenue growth – −84.1% not compared

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

With an index of 58, SEA1 OFFSHORE REDERI AS does better than 69% of companies in the same sector (566 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • SEA1 OFFSHORE REDERI AS
  • Median: companies in the same sector
Analysis · 2023

What the numbers say

SEA1 OFFSHORE REDERI AS had an operating margin of 81.6% and an equity ratio of 44.6% in 2023, and ranks 178 of 565 in Olje og gass.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 335 MUSD and 1,444 MUSD.

MethodInputMultipleEstimate
P/E Net profit: 144.4 MUSD 10.0 1,444 MUSD
EV/EBIT Operating profit: 123.0 MUSD
minus net debt 253.5 MUSD
8.0 731 MUSD
P/B Equity: 334.9 MUSD 1.0 335 MUSD

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

    Consider strengthening liquidity: current liabilities are 1.4 times current assets.

    Based on: Current ratio 0.73 (median 0.97).

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

Data quality

  • watch Reports in a currency other than NOK
  • watch No exchange rate: amounts are left out of comparisons
Stress test · 2022

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 1.5%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability84 weight 30%
Solidity49 weight 25%
Liquidity21 weight 15%
Growth– no data, left out
Consistency61 weight 15%

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

2023

Questions and answers

How profitable is SEA1 OFFSHORE REDERI AS?

The operating margin was 81.6% in 2023, against a median of 14.7% among companies in the same sector. Return on assets was 18.9%.

How solid is SEA1 OFFSHORE REDERI AS?

The equity ratio was 44.6% in 2023 (median 36.1%). Debt-to-equity was 1.24 (median 1.08).

What is the liquidity of SEA1 OFFSHORE REDERI AS like?

The current ratio was 0.73 in 2023 (median 0.97). Current assets did not cover current liabilities.

How does SEA1 OFFSHORE REDERI AS compare in Olje og gass?

SEA1 OFFSHORE REDERI AS ranks 178 of 565 in Olje og gass for 2023.

From the Central Coordinating Register

Org. no.
931402900
Legal form
AS · part of a group
Sector
Olje og gass (09.109)
Employees
0–4 (not registered)
Founded
31 December 1854 171 years in operation
Share capital
35.95 MNOK
Business address
Kjøita 18, 4630 KRISTIANSAND S
Municipality
Kristiansand rank 7 of 11 in KOSTRA group 12
Latest accounts filed
2025
Website
www.Sea1offshore.com

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
Bernt Magne Omdal
Chair of the board
Bernt Magne Omdal
Board member
Vidar Jerstad
Auditor
ERNST & YOUNG 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.

Report an issue

Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index584177
Rank17838631
Operating margin81.6%41.2%63.5%
Return on assets18.9%10.4%26.7%
Equity ratio44.6%31.1%65.3%
Current ratio0.730.4719.29
Revenue growth–−24.9%30.4%

Accounts

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

Key figure202320242025
Operating revenue150.8 MUSD113.3 MUSD147.8 MUSD
Operating profit123.0 MUSD46.6 MUSD93.9 MUSD
Profit before tax106.9 MUSD28.9 MUSD92.9 MUSD
Net profit144.4 MUSD37.1 MUSD88.4 MUSD
Financial expenses34.7 MUSD40.7 MUSD28.4 MUSD
Total assets750.6 MUSD672.1 MUSD454.8 MUSD
Current assets113.3 MUSD140.9 MUSD146.6 MUSD
Equity334.9 MUSD208.7 MUSD297.1 MUSD
Retained earnings125.4 MUSD−30.0 MUSD290.9 MUSD
Total liabilities415.7 MUSD463.4 MUSD157.7 MUSD
Current liabilities155.3 MUSD298.4 MUSD7.6 MUSD

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5289851.

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