SANDE SETTEFISK AS
Score · fiscal year 2024
52of 100
How to read this: the company is ahead of 53 % of companies in the Morning class Medium in the same sector in 2024. What does this mean?
Rank in the Morning class Medium: 211 of 451 · What are Morning company classes?
Place in the whole sector: 946 of 2,010 · Sjømat
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 39 and solidity 47 out of 100 among companies in the Morning class Medium in the same sector in 2024. Methodology
Against the sector
SANDE SETTEFISK AS is 1 points above the median for companies in the Morning class Medium in the same sector in 2024.
Median score 51 among 451 companies.
Against companies in the Morning class Medium in the same sector in 2024: operating margin 11.1% (median 11.6%) and equity ratio 32.8% (median 34.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 88 MNOK | 110 MNOK |
| Operating margin | 11.1% | 11.6% |
| Profit margin | −2.4% | 7.3% |
| Return on assets | 3.7% | 8.6% |
| Equity ratio | 32.8% | 34.9% |
| Debt-to-equity | 2.05 | 1.78 |
| Current ratio | 2.83 | 1.73 |
| Revenue growth | 100.2% | 6.9% |
| Revenue per employee | 3.51 MNOK | 5.17 MNOK |
The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 52, SANDE SETTEFISK AS does better than 53% of companies in the Morning class Medium in the same sector (451 companies) in 2024.
Score 2023–2025
- SANDE SETTEFISK AS
- Median: companies in the Morning class Medium in the same sector
What the numbers say
SANDE SETTEFISK AS had an operating margin of 11.1% and an equity ratio of 32.8% in 2024, and ranks 946 of 2,010 in Sjømat.
From 2023 to 2024: the operating margin rose from −11.5% to 11.1% and revenue grew by 100%.
This text is generated automatically from the 2024 accounts.
Three simple methods
One method gives a figure: 88 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | debt above value |
| P/B | 1.0 | 88 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 company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −2.4% (median 7.3%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 6.7% 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 | 39 | weight 30% |
|---|---|---|
| Solidity | 47 | weight 25% |
| Liquidity | 73 | weight 15% |
| Growth | 93 | weight 15% |
| Consistency | 25 | weight 15% |
Durability: 46 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is SANDE SETTEFISK AS?
The operating margin was 11.1% in 2024, against a median of 11.6% among companies in the Morning class Medium in the same sector. Return on assets was 3.7%. The company made a loss before tax.
How solid is SANDE SETTEFISK AS?
The equity ratio was 32.8% in 2024 (median 34.9%). Debt-to-equity was 2.05 (median 1.78).
What is the liquidity of SANDE SETTEFISK AS like?
The current ratio was 2.83 in 2024 (median 1.73).
How does SANDE SETTEFISK AS compare in Sjømat?
SANDE SETTEFISK AS ranks 946 of 2,010 in Sjømat for 2024. Among companies in the Morning class Medium it is number 211 of 451. Revenue changed by 100.2% from the year before.
From the Central Coordinating Register
- Org. no.
- 957896650
- Legal form
- AS
- Sector
- Sjømat (03.222)
- Morning company class
- Medium
- Employees
- 25 registered 10 October 2026
- Founded
- 22 June 1990 36 years in operation
- Share capital
- 0.30 MNOK
- Business address
- Sørstrandsvegen 655, 6823 SANDANE (GLOPPEN)
- Municipality
- Gloppen rank 4–17 of 39 in KOSTRA group 4
- 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
- Thomas Michael Wilke
- Chair of the board
- Svein Klævold
- Board member
- Ove Inge Vågen
- Board member
- Kurt Djupvik
- Auditor
- BDO AS
- Accountant
- HYEN REKNESKAP 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 28 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 40 | 52 | 55 | |
| Rank | 1,361 | 946 | 861 | |
| Operating margin | −11.5% | 11.1% | 20.2% | |
| Return on assets | −1.7% | 3.7% | 7.5% | |
| Equity ratio | 32.7% | 32.8% | 36.2% | |
| Current ratio | 2.71 | 2.83 | 4.78 | |
| Revenue growth | – | 100.2% | 9.0% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 43.8 MNOK | 87.8 MNOK | 95.7 MNOK |
| Operating profit | −5.0 MNOK | 9.7 MNOK | 19.4 MNOK |
| Profit before tax | −10.3 MNOK | −2.1 MNOK | 9.0 MNOK |
| Net profit | −8.0 MNOK | −2.0 MNOK | 7.3 MNOK |
| Financial expenses | 5.7 MNOK | 12.1 MNOK | 10.7 MNOK |
| Total assets | 275.1 MNOK | 267.5 MNOK | 262.5 MNOK |
| Current assets | 41.1 MNOK | 41.2 MNOK | 43.8 MNOK |
| Equity | 89.8 MNOK | 87.8 MNOK | 95.2 MNOK |
| Retained earnings | 18.4 MNOK | 16.5 MNOK | 23.8 MNOK |
| Total liabilities | 185.2 MNOK | 179.6 MNOK | 167.4 MNOK |
| Current liabilities | 15.1 MNOK | 14.6 MNOK | 9.2 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 6169981.
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