CLIPPER EXPLORER AS
Score · fiscal year 2025
43of 100
How to read this: the company is ahead of 33 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 679 of 1,016 · Sjøfart
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 59 and solidity 44 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
CLIPPER EXPLORER AS is 6 points below the median for medium-sized companies in the same sector in 2025.
Median score 49 among 273 companies.
Against medium-sized companies in the same sector in 2025: operating margin 56.4% (median 23.0%) and equity ratio 32.5% (median 36.2%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 117 MNOK | 204 MNOK |
| Operating margin | 56.4% | 23.0% |
| Profit margin | 36.1% | 13.6% |
| Return on assets | 6.6% | 10.1% |
| Equity ratio | 32.5% | 36.2% |
| Debt-to-equity | 2.08 | 1.69 |
| Current ratio | 0.84 | 1.34 |
| Revenue growth | – | 2.4% |
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 43, CLIPPER EXPLORER AS does better than 33% of medium-sized companies in the same sector (273 companies) in 2025.
Score over time
Score over time needs at least two fiscal years with a score. It will appear when next year's figures are fetched or history is imported.
CLIPPER EXPLORER AS has a score of 43 for 2025, rank 679 of 1,016 in the sector.
Strongest: Profitability: percentile 59 against peers, operating margin 56.4% against a median of 23.0%.
Weakest: Liquidity: percentile 22 against peers, current ratio 0.84 against a median of 1.34. Consistency: percentile 29 against peers.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 1.2 times current assets. Based on: current ratio 0.84 (median 1.34).
- What lies behind weak consistency, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
CLIPPER EXPLORER AS had an operating margin of 56.4% and an equity ratio of 32.5% in 2025, and ranks 679 of 1,016 in Sjøfart.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 31 MUSD and 40 MUSD.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 40 MUSD |
| EV/EBIT | 8.0 | debt above value |
| P/B | 1.0 | 31 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
- watch
Consider strengthening liquidity: current liabilities are 1.2 times current assets.
Based on: Current ratio 0.84 (median 1.34).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 3.6% of the debt in 2025. The policy rate averaged 4.30 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.
Data quality
- watch Reports in a currency other than NOK
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 5.1%. 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 | 59 | weight 30% |
|---|---|---|
| Solidity | 44 | weight 25% |
| Liquidity | 22 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 29 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is CLIPPER EXPLORER AS?
The operating margin was 56.4% in 2025, against a median of 23.0% among medium-sized companies in the same sector. Return on assets was 6.6%.
How solid is CLIPPER EXPLORER AS?
The equity ratio was 32.5% in 2025 (median 36.2%). Debt-to-equity was 2.08 (median 1.69).
What is the liquidity of CLIPPER EXPLORER AS like?
The current ratio was 0.84 in 2025 (median 1.34). Current assets did not cover current liabilities.
How does CLIPPER EXPLORER AS compare in Sjøfart?
CLIPPER EXPLORER AS ranks 679 of 1,016 in Sjøfart for 2025. Among companies of the same size (medium-sized companies) it ranks 184 of 273.
From the Central Coordinating Register
- Org. no.
- 934219503
- Legal form
- AS
- Sector
- Sjøfart (50.201)
- Size tier
- medium
- Employees
- 0–4 (not registered)
- Founded
- 19 September 2024 2 years in operation
- Share capital
- 0.05 MNOK
- Business address
- Strandkaien 36, 4005 STAVANGER
- Municipality
- Stavanger rank 5 of 11 in KOSTRA group 12
- 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
- Chair of the board
- Edvin Endresen
- Board member
- Egil Fjogstad
- Auditor
- PRICEWATERHOUSECOOPERS 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
Trends appear once there is more than one fiscal year.
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (USD). Revenue in NOK is converted from USD at the mean rate for the accounting period 19 September 2024–31 December 2025: 10.5143 (norges_bank (mean of 322 daily rates)). Balance-sheet amounts use the rate on the balance-sheet date. Ratios and growth are computed in USD. Exchange rates at Norges Bank
| Key figure | 2025 |
|---|---|
| Operating revenue | 11.1 MUSD |
| Operating profit | 6.3 MUSD |
| Profit before tax | 4.0 MUSD |
| Net profit | 4.0 MUSD |
| Financial expenses | 2.3 MUSD |
| Total assets | 95.6 MUSD |
| Current assets | 6.2 MUSD |
| Equity | 31.0 MUSD |
| Retained earnings | 4.0 MUSD |
| Total liabilities | 64.6 MUSD |
| Current liabilities | 7.3 MUSD |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 7195021.
Further
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