ETT HAVBRUK AS
Score · fiscal year 2025
44of 100
How to read this: the company is ahead of 37 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 1,844 of 3,028 · Sjømat
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 40 and solidity 24 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
ETT HAVBRUK AS is 5 points below the median for medium-sized companies in the same sector in 2025.
Median score 49 among 245 companies.
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating margin | – | 11.0% |
| Profit margin | – | 7.0% |
| Return on assets | 4.7% | 7.1% |
| Equity ratio | 25.1% | 42.1% |
| Debt-to-equity | 2.98 | 1.36 |
| Current ratio | 60.53 | 1.69 |
| Revenue growth | – | 10.6% |
The median and “ahead of” refer to medium-sized companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 44, ETT HAVBRUK AS does better than 37% of medium-sized companies in the same sector (245 companies) in 2025.
Score 2023–2025
- ETT HAVBRUK AS
- Median: medium-sized companies in the same sector
What the numbers say
ETT HAVBRUK AS had an operating margin of – and an equity ratio of 25.1% in 2025, and ranks 1,844 of 3,028 in Sjømat.
From 2024 to 2025: went from a loss to a profit before tax.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 92 MNOK and 120 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 92 MNOK |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 120 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
No rules were triggered for this year.
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
- watch Revenue not reported
- 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 | 40 | weight 30% |
|---|---|---|
| Solidity | 24 | weight 25% |
| Liquidity | 95 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 36 | weight 15% |
Durability: 29 (average over 2 years)
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is ETT HAVBRUK AS?
The operating margin was – in 2025, against a median of 11.0% among medium-sized companies in the same sector. Return on assets was 4.7%.
How solid is ETT HAVBRUK AS?
The equity ratio was 25.1% in 2025 (median 42.1%). Debt-to-equity was 2.98 (median 1.36).
What is the liquidity of ETT HAVBRUK AS like?
The current ratio was 60.53 in 2025 (median 1.69).
How does ETT HAVBRUK AS compare in Sjømat?
ETT HAVBRUK AS ranks 1,844 of 3,028 in Sjømat for 2025. Among companies of the same size (medium-sized companies) it ranks 154 of 245.
Group accounts · 2025
31 of 100
Rank 628 of 737 groups with group accounts. Groups are ranked only against each other, not against single companies.
| Key figure | The group | The company alone (2025) |
|---|---|---|
| Operating margin | 8.6% | – |
| Return on assets | 4.7% | 4.7% |
| Equity ratio | 18.0% | 25.1% |
| Current ratio | 1.18 | 60.53 |
| Revenue growth | −6.7% | – |
Group index in earlier years: 2024: 23 (665 of 735).
Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.
Source: Brønnøysund Register Centre, group accounts 2025 (open data, NLOD 2.0).
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 931867091
- Legal form
- AS
- Sector
- Sjømat (03.211)
- Size tier
- medium
- Employees
- 0–4 (not registered)
- Founded
- 4 July 2023 3 years in operation
- Share capital
- 3.00 MNOK
- Business address
- Fitjarsjøen 2, 5419 FITJAR
- Municipality
- Fitjar rank 6–17 of 33 in KOSTRA group 5
- Latest accounts filed
- 2025
- Website
- www.engesund.no
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
- Chair of the board
- Kristian Løining
- Board member
- Ole Morten Troland
- Board member
- Svein Arve Forland
- Board member
- Stein Erik Gilje
- Deputy member
- Knut Inge Sylta
- Deputy member
- Mons Eivind Troland
- Deputy member
- Svein Eivind Gilje
- Auditor
- CEDRA NORGE AS
- Accountant
- COMPUTE ADVISOR 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 | – | 14 | 44 | |
| Rank | – | 2,658 | 1,844 | |
| Operating margin | – | – | – | |
| Return on assets | – | 0.0% | 4.7% | |
| Equity ratio | – | 24.3% | 25.1% | |
| Current ratio | – | 0.02 | 60.53 | |
| Revenue growth | – | – | – |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.0 MNOK | – | – |
| Operating profit | 0.0 MNOK | 0.0 MNOK | −0.3 MNOK |
| Profit before tax | 0.0 MNOK | −11.8 MNOK | 11.7 MNOK |
| Net profit | 0.0 MNOK | −9.2 MNOK | 9.2 MNOK |
| Financial expenses | 0.0 MNOK | 11.8 MNOK | 10.9 MNOK |
| Total assets | 0.0 MNOK | 456.5 MNOK | 477.0 MNOK |
| Current assets | 0.0 MNOK | 0.0 MNOK | 23.1 MNOK |
| Equity | 0.0 MNOK | 110.8 MNOK | 119.9 MNOK |
| Retained earnings | 0.0 MNOK | −9.3 MNOK | – |
| Total liabilities | 0.0 MNOK | 345.8 MNOK | 357.1 MNOK |
| Current liabilities | 0.0 MNOK | 0.4 MNOK | 0.4 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 7104865.
Further
Similar companies
- ARCTIC SWAN AS index 45, rank 1,818
- SANDNES FISKEOPPDRETT AS index 45, rank 1,820
- RØDHOLMEN AS index 45, rank 1,829
- HOLMØY PRODUKTER AS index 44, rank 1,849
- LANDØY HAVBRUK AS index 44, rank 1,865