Shellux AS
Score · fiscal year 2025
15of 100
How to read this: the company is ahead of 3 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?
Rank in the Morning class Micro: 1,165 of 1,197 · What are Morning company classes?
Place in the whole sector: 2,158 of 2,213 · Sjømat
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 17 and solidity 0 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology
Against the sector
Shellux AS is 35 points below the median for companies in the Morning class Micro in the same sector in 2025.
Median score 50 among 1,197 companies.
Against companies in the Morning class Micro in the same sector in 2025: operating margin −2.8% (median 13.6%) and equity ratio −7.1% (median 34.3%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 1 MNOK | 3 MNOK |
| Operating margin | −2.8% | 13.6% |
| Profit margin | −6.0% | 9.7% |
| Return on assets | −4.6% | 7.4% |
| Equity ratio | −7.1% | 34.3% |
| Debt-to-equity | – | 1.46 |
| Current ratio | 1.10 | 1.72 |
| Revenue growth | – | 23.6% |
| Revenue per employee | 0.18 MNOK | 0.54 MNOK |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 15, Shellux AS does better than 3% of companies in the Morning class Micro in the same sector (1,197 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.
Shellux AS has a score of 15 for 2025, rank 2,158 of 2,213 in the sector.
Strongest: Liquidity: percentile 34 against peers, current ratio 1.10 against a median of 1.72.
Weakest: Solidity: percentile 0 against peers, equity ratio −7.1% against a median of 34.3%. Consistency: percentile 14 against peers.
Worth a closer look
- Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern? Based on: equity ratio −7.1% (median 34.3%).
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −6.0% (median 9.7%).
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin −2.8% (median 13.6%).
- What lies behind weak solidity, 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
Shellux AS had an operating margin of −2.8% and an equity ratio of −7.1% in 2025, and ranks 2,158 of 2,213 in Sjømat.
This text is generated automatically from the 2025 accounts.
Three simple methods
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | not meaningful |
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
Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?
Based on: Equity ratio −7.1% (median 34.3%).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −6.0% (median 9.7%).
- watch
The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin −2.8% (median 13.6%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 5.3% 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.
See interest rates, prices and exchange rates for the sector
Data quality
- critical Negative equity
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 | 17 | weight 30% |
|---|---|---|
| Solidity | 0 | weight 25% |
| Liquidity | 34 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 14 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is Shellux AS?
The operating margin was −2.8% in 2025, against a median of 13.6% among companies in the Morning class Micro in the same sector. Return on assets was −4.6%. The company made a loss before tax.
How solid is Shellux AS?
The equity ratio was −7.1% in 2025 (median 34.3%). Equity is negative, so liabilities exceed assets.
What is the liquidity of Shellux AS like?
The current ratio was 1.10 in 2025 (median 1.72).
How does Shellux AS compare in Sjømat?
Shellux AS ranks 2,158 of 2,213 in Sjømat for 2025. Among companies in the Morning class Micro it is number 1,165 of 1,197.
From the Central Coordinating Register
- Org. no.
- 935381592
- Legal form
- AS
- Sector
- Sjømat (03.110)
- Morning company class
- Micro
- Employees
- 7 registered 10 June 2026
- Founded
- 28 March 2025 1 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Fitjanveien 23, 7140 OPPHAUG (ØRLAND)
- Municipality
- Ørland rank 6–13 of 13 in KOSTRA group 8
- Audit
- Audit opted out from 16 April 2025
- Latest accounts filed
- 2025
- Website
- www.shellux.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
Loading roles …
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
Shareholders (2025)
- Number of shareholders
- 4
- Largest owner
- 32.0% · top three 96.0%
- Split
- companies 100% · private persons 0% · foreign 0%
- Tbp Holding AS · 32.0%
- Hhelgesen AS · 32.0%
- Nsannan AS · 32.0%
- Lille Blå AS · 4.0%
The company is new in the shareholder register in 2025.
Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.
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 28 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 (NOK).
| Key figure | 2025 |
|---|---|
| Operating revenue | 1.3 MNOK |
| Operating profit | 0.0 MNOK |
| Profit before tax | −0.1 MNOK |
| Tax expense | – |
| Net profit | −0.1 MNOK |
| Financial expenses | 0.0 MNOK |
| Total assets | 0.7 MNOK |
| Current assets | 0.2 MNOK |
| Equity | −0.1 MNOK |
| Retained earnings | −0.1 MNOK |
| Total liabilities | 0.8 MNOK |
| Current liabilities | 0.2 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 7202450.
Further
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