AS LARVIK SHIPPING
Score · fiscal year 2025
26of 100
How to read this: the company is ahead of 6 % of companies in the Morning class Medium in the same sector in 2025. What does this mean?
Rank in the Morning class Medium: 391 of 417 · What are Morning company classes?
Place in the whole sector: 909 of 1,006 · Sjøfart
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 16 and solidity 22 out of 100 among companies in the Morning class Medium in the same sector in 2025. Methodology
Against the sector
AS LARVIK SHIPPING is 23 points below the median for companies in the Morning class Medium in the same sector in 2025.
Median score 49 among 417 companies.
Against companies in the Morning class Medium in the same sector in 2025: operating margin 1.7% (median 22.4%) and equity ratio 16.7% (median 42.6%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 67 MNOK | 125 MNOK |
| Operating margin | 1.7% | 22.4% |
| Profit margin | – | 13.3% |
| Return on assets | – | 9.5% |
| Equity ratio | 16.7% | 42.6% |
| Debt-to-equity | 5.01 | 1.31 |
| Current ratio | 1.19 | 1.51 |
| Revenue growth | −10.6% | 1.7% |
| Revenue per employee | 5.16 MNOK | 2.52 MNOK |
The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 26, AS LARVIK SHIPPING does better than 6% of companies in the Morning class Medium in the same sector (417 companies) in 2025.
Score 2023–2025
- AS LARVIK SHIPPING
- Median: companies in the Morning class Medium in the same sector
AS LARVIK SHIPPING has a score of 26 for 2025, rank 909 of 1,006 in the sector.
Strongest: Consistency: percentile 43 against peers.
Weakest: Profitability: percentile 16 against peers, operating margin 1.7% against a median of 22.4%. Solidity: percentile 22 against peers, equity ratio 16.7% against a median of 42.6%.
Worth a closer look
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin 1.7% (median 22.4%).
- What lies behind weak profitability, and will it last?
- 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
AS LARVIK SHIPPING had an operating margin of 1.7% and an equity ratio of 16.7% in 2025, and ranks 909 of 1,006 in Sjøfart.
From 2024 to 2025: revenue fell by 11%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 2 MNOK and 15 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 9 MNOK |
| EV/EBIT | 8.0 | 15 MNOK |
| P/B | 1.0 | 2 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 operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin 1.7% (median 22.4%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
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 2026, the sector's weakest year, for this company.
The sector's weakest year was 2026, with a median operating margin of 6.1%. 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 | 16 | weight 30% |
|---|---|---|
| Solidity | 22 | weight 25% |
| Liquidity | 39 | weight 15% |
| Growth | 24 | weight 15% |
| Consistency | 43 | weight 15% |
Durability: 30 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is AS LARVIK SHIPPING?
The operating margin was 1.7% in 2025, against a median of 22.4% among companies in the Morning class Medium in the same sector. Return on assets was –.
How solid is AS LARVIK SHIPPING?
The equity ratio was 16.7% in 2025 (median 42.6%). Debt-to-equity was 5.01 (median 1.31).
What is the liquidity of AS LARVIK SHIPPING like?
The current ratio was 1.19 in 2025 (median 1.51).
How does AS LARVIK SHIPPING compare in Sjøfart?
AS LARVIK SHIPPING ranks 909 of 1,006 in Sjøfart for 2025. Among companies in the Morning class Medium it is number 391 of 417. Revenue changed by −10.6% from the year before.
From the Central Coordinating Register
- Org. no.
- 948106272
- Legal form
- AS
- Sector
- Sjøfart (50.201)
- Morning company class
- Medium
- Employees
- 13 registered 10 March 2026
- Founded
- 20 August 1988 38 years in operation
- Share capital
- 0.40 MNOK
- Business address
- Elveveien 34, 3262 LARVIK
- Municipality
- Larvik rank 4 of 10 in KOSTRA group 11
- 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
Loading roles …
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 28 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 23 | 40 | 26 | |
| Rank | 785 | 648 | 909 | |
| Operating margin | −8.3% | 1.0% | 1.7% | |
| Return on assets | −24.6% | 7.9% | – | |
| Equity ratio | 16.3% | 19.5% | 16.7% | |
| Current ratio | 1.10 | 1.20 | 1.19 | |
| Revenue growth | – | 178.6% | −10.6% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 26.9 MNOK | 75.0 MNOK | 67.0 MNOK |
| Operating profit | −2.2 MNOK | 0.8 MNOK | 1.2 MNOK |
| Profit before tax | −2.2 MNOK | 0.8 MNOK | – |
| Net profit | −1.7 MNOK | 0.6 MNOK | 0.9 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | – |
| Total assets | 8.7 MNOK | 10.4 MNOK | 11.7 MNOK |
| Current assets | 8.0 MNOK | 10.1 MNOK | 11.6 MNOK |
| Equity | 1.4 MNOK | 2.0 MNOK | 2.0 MNOK |
| Retained earnings | 1.0 MNOK | 1.6 MNOK | 1.6 MNOK |
| Total liabilities | 7.3 MNOK | 8.4 MNOK | 9.8 MNOK |
| Current liabilities | 7.3 MNOK | 8.4 MNOK | 9.8 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 7080707.
Further
Similar companies
- Aasen Ship Management AS index 27, rank 904 · compare
- 62 Nord AS index 27, rank 906 · compare
- Aqs Rederi AS index 26, rank 907 · compare
- Norsk Fisketransport AS index 26, rank 912 · compare
- Boluda Towage Norway AS index 25, rank 915 · compare