Lungård AS
Score · fiscal year 2024
29of 100
How to read this: the company is ahead of 17 % of companies in the Morning class Micro in the same sector in 2024. What does this mean?
Rank in the Morning class Micro: 848 of 1,021 · What are Morning company classes?
Place in the whole sector: 1,667 of 1,994 · Sjømat
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 48 and solidity 13 out of 100 among companies in the Morning class Micro in the same sector in 2024. Methodology
Against the sector
Lungård AS is 21 points below the median for companies in the Morning class Micro in the same sector in 2024.
Median score 50 among 1,021 companies.
Against companies in the Morning class Micro in the same sector in 2024: operating margin 12.2% (median 7.7%) and equity ratio 5.1% (median 32.5%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 1 MNOK | 3 MNOK |
| Operating margin | 12.2% | 7.7% |
| Profit margin | −8.3% | 3.4% |
| Return on assets | 2.0% | 4.5% |
| Equity ratio | 5.1% | 32.5% |
| Debt-to-equity | 18.54 | 1.56 |
| Current ratio | 0.77 | 1.60 |
| Revenue growth | – | −4.2% |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 29, Lungård AS does better than 17% of companies in the Morning class Micro in the same sector (1,021 companies) in 2024.
Score 2024–2025
- Lungård AS
- Median: companies in the Morning class Micro in the same sector
What the numbers say
Lungård AS had an operating margin of 12.2% and an equity ratio of 5.1% in 2024, and ranks 1,667 of 1,994 in Sjømat.
This text is generated automatically from the 2024 accounts.
Three simple methods
One method gives a figure: 0 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | debt above value |
| 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 5.1% (median 32.5%).
- watch
Consider strengthening liquidity: current liabilities are 1.3 times current assets.
Based on: Current ratio 0.77 (median 1.60).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −8.3% (median 3.4%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 3.4% of the debt in 2024. The policy rate averaged 4.50 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.
See interest rates, prices and exchange rates for the sector
Data quality
No anomalies found in 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 −0.5%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 48 | weight 30% |
|---|---|---|
| Solidity | 13 | weight 25% |
| Liquidity | 27 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 21 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is Lungård AS?
The operating margin was 12.2% in 2024, against a median of 7.7% among companies in the Morning class Micro in the same sector. Return on assets was 2.0%. The company made a loss before tax.
How solid is Lungård AS?
The equity ratio was 5.1% in 2024 (median 32.5%). Debt-to-equity was 18.54 (median 1.56).
What is the liquidity of Lungård AS like?
The current ratio was 0.77 in 2024 (median 1.60). Current assets did not cover current liabilities.
How does Lungård AS compare in Sjømat?
Lungård AS ranks 1,667 of 1,994 in Sjømat for 2024. Among companies in the Morning class Micro it is number 848 of 1,021.
From the Central Coordinating Register
- Org. no.
- 933592693
- Legal form
- AS
- Sector
- Sjømat (03.110)
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 22 May 2024 2 years in operation
- Share capital
- 0.10 MNOK
- Business address
- Haraldmarka 9, 8380 RAMBERG (FLAKSTAD)
- Municipality
- Flakstad rank 17–30 of 36 in KOSTRA group 15
- Audit
- Audit opted out from 11 June 2024
- 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
- Torgrim Rørtveit
- Chair of the board
- Torgrim Rørtveit
- Board member
- Per Ansgar Benjaminsen
- Accountant
- Sparebank 1 Regnskapshuset Nord-Norge AS
Source: Central Coordinating Register, fetched 29 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 · 2024–2025
| Key figure | 2024 | 2025 | Trend |
|---|---|---|---|
| Index | 29 | 34 | |
| Rank | 1,667 | 1,810 | |
| Operating margin | 12.2% | 13.8% | |
| Return on assets | 2.0% | 3.1% | |
| Equity ratio | 5.1% | 2.8% | |
| Current ratio | 0.77 | 0.18 | |
| Revenue growth | – | 171.3% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2024 | 2025 |
|---|---|---|
| Operating revenue | 1.2 MNOK | 3.4 MNOK |
| Operating profit | 0.2 MNOK | 0.5 MNOK |
| Profit before tax | −0.1 MNOK | 0.0 MNOK |
| Net profit | −0.1 MNOK | 0.0 MNOK |
| Financial expenses | 0.3 MNOK | 0.5 MNOK |
| Total assets | 8.0 MNOK | 15.3 MNOK |
| Current assets | 0.2 MNOK | 0.6 MNOK |
| Equity | 0.4 MNOK | 0.4 MNOK |
| Retained earnings | −0.1 MNOK | 0.0 MNOK |
| Total liabilities | 7.6 MNOK | 14.8 MNOK |
| Current liabilities | 0.3 MNOK | 3.2 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 5626717.
Further
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