SEA1 OFFSHORE REDERI AS
Score · fiscal year 2024
41of 100
How to read this: the company is ahead of 34 % of companies in the same sector in 2024. What does this mean?
Rank: 386 of 586 · Olje og gass
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 70 and solidity 37 out of 100 among companies in the same sector in 2024. Methodology
Against the sector
SEA1 OFFSHORE REDERI AS is 7 points below the median for companies in the same sector in 2024.
Median score 48 among 586 companies. The size tier was too small, so the company is compared with the whole sector.
Against companies in the same sector in 2024: operating margin 41.2% (median 5.1%) and equity ratio 31.1% (median 34.8%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating margin | 41.2% | 5.1% |
| Profit margin | 25.5% | 9.8% |
| Return on assets | 10.4% | 4.2% |
| Equity ratio | 31.1% | 34.8% |
| Debt-to-equity | 2.22 | 1.15 |
| Current ratio | 0.47 | 1.01 |
| Revenue growth | −24.9% | −0.1% |
The median and “ahead of” refer to companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 41, SEA1 OFFSHORE REDERI AS does better than 34% of companies in the same sector (587 companies) in 2024.
Score 2023–2025
- SEA1 OFFSHORE REDERI AS
- Median: companies in the same sector
What the numbers say
SEA1 OFFSHORE REDERI AS had an operating margin of 41.2% and an equity ratio of 31.1% in 2024, and ranks 386 of 586 in Olje og gass.
From 2023 to 2024: the operating margin fell from 81.6% to 41.2% and the equity ratio fell from 44.6% to 31.1%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 209 MUSD and 371 MUSD.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 371 MUSD |
| EV/EBIT | 8.0 | 212 MUSD |
| P/B | 1.0 | 209 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
Worth a closer look
- critical
Consider strengthening liquidity: current liabilities are 2.1 times current assets.
Based on: Current ratio 0.47 (median 1.01).
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
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
What the score is made of
| Profitability | 70 | weight 30% |
|---|---|---|
| Solidity | 37 | weight 25% |
| Liquidity | 14 | weight 15% |
| Growth | 18 | weight 15% |
| Consistency | 40 | weight 15% |
Durability: 50 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is SEA1 OFFSHORE REDERI AS?
The operating margin was 41.2% in 2024, against a median of 5.1% among companies in the same sector. Return on assets was 10.4%.
How solid is SEA1 OFFSHORE REDERI AS?
The equity ratio was 31.1% in 2024 (median 34.8%). Debt-to-equity was 2.22 (median 1.15).
What is the liquidity of SEA1 OFFSHORE REDERI AS like?
The current ratio was 0.47 in 2024 (median 1.01). Current assets did not cover current liabilities.
How does SEA1 OFFSHORE REDERI AS compare in Olje og gass?
SEA1 OFFSHORE REDERI AS ranks 386 of 586 in Olje og gass for 2024. Revenue changed by −24.9% from the year before.
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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 58 | 41 | 77 | |
| Rank | 178 | 386 | 31 | |
| Operating margin | 81.6% | 41.2% | 63.5% | |
| Return on assets | 18.9% | 10.4% | 26.7% | |
| Equity ratio | 44.6% | 31.1% | 65.3% | |
| Current ratio | 0.73 | 0.47 | 19.29 | |
| Revenue growth | – | −24.9% | 30.4% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (USD).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 150.8 MUSD | 113.3 MUSD | 147.8 MUSD |
| Operating profit | 123.0 MUSD | 46.6 MUSD | 93.9 MUSD |
| Profit before tax | 106.9 MUSD | 28.9 MUSD | 92.9 MUSD |
| Net profit | 144.4 MUSD | 37.1 MUSD | 88.4 MUSD |
| Financial expenses | 34.7 MUSD | 40.7 MUSD | 28.4 MUSD |
| Total assets | 750.6 MUSD | 672.1 MUSD | 454.8 MUSD |
| Current assets | 113.3 MUSD | 140.9 MUSD | 146.6 MUSD |
| Equity | 334.9 MUSD | 208.7 MUSD | 297.1 MUSD |
| Retained earnings | 125.4 MUSD | −30.0 MUSD | 290.9 MUSD |
| Total liabilities | 415.7 MUSD | 463.4 MUSD | 157.7 MUSD |
| Current liabilities | 155.3 MUSD | 298.4 MUSD | 7.6 MUSD |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6293435.
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