INSULA AS

Org. no. 960756932 · VESTVÅGØY · Founded 1991 · 14 employees

Score · fiscal year 2024

58of 100

How to read this: the company is ahead of 66 % of small companies in the same sector in 2024. What does this mean?

Rank: 1,345 of 3,976 · Sjømat

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 78 and solidity 55 out of 100 among small companies in the same sector in 2024. Methodology

Against the sector

INSULA AS is 8 points above the median for small companies in the same sector in 2024.

Median score 50 among 3,476 companies.

Against small companies in the same sector in 2024: operating margin 24.6% (median 3.7%) and equity ratio 50.9% (median 35.6%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 28 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue55 MNOK1 MNOK
Operating margin 24.6% 3.7% 79 %
Profit margin 93.4% 0.8% shown, not part of the index
Return on assets 9.0% 1.2% 76 %
Equity ratio 50.9% 35.6% 60 %
Debt-to-equity 0.97 0.96 50 %
Current ratio 1.39 1.52 47 %
Revenue growth −22.9% −5.9% 31 %
Revenue per employee3.93 MNOK1.56 MNOK

The median and “ahead of” refer to small companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 58, INSULA AS does better than 66% of small companies in the same sector (3,481 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • INSULA AS
  • Median: small companies in the same sector
Analysis · 2024

What the numbers say

INSULA AS had an operating margin of 24.6% and an equity ratio of 50.9% in 2024, and ranks 1,345 of 3,976 in Sjømat.

From 2023 to 2024: the operating margin rose from −39.8% to 24.6% and revenue fell by 23%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 353 MNOK and 1,027 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 35.3 MNOK 10.0 353 MNOK
EV/EBIT Operating profit: 13.5 MNOK
minus net debt 597.3 MNOK
8.0 debt above value
P/B Equity: 1,026.7 MNOK 1.0 1,027 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

Indications · 2024

Worth a closer look

No rules were triggered for this year.

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 13.2% 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.

Data quality

No anomalies found in the figures.

Stress test · 2022

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 −5.0%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability78 weight 30%
Solidity55 weight 25%
Liquidity47 weight 15%
Growth31 weight 15%
Consistency63 weight 15%

Durability: 49 (average over 2 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2024

Questions and answers

How profitable is INSULA AS?

The operating margin was 24.6% in 2024, against a median of 3.7% among small companies in the same sector. Return on assets was 9.0%.

How solid is INSULA AS?

The equity ratio was 50.9% in 2024 (median 35.6%). Debt-to-equity was 0.97 (median 0.96).

What is the liquidity of INSULA AS like?

The current ratio was 1.39 in 2024 (median 1.52).

How does INSULA AS compare in Sjømat?

INSULA AS ranks 1,345 of 3,976 in Sjømat for 2024. Among companies of the same size (small companies) it ranks 1,176 of 3,481. Revenue changed by −22.9% from the year before.

Group accounts

The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.

Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.

We do not show the group structure, because open data does not say who owns whom.

From the Central Coordinating Register

Org. no.
960756932
Legal form
AS · part of a group
Sector
Sjømat (10.203)
Size tier
small
Employees
14 registered 10 March 2026
Founded
2 January 1991 35 years in operation
Share capital
725.24 MNOK
Business address
Storeidøya, 8370 LEKNES (VESTVÅGØY)
Municipality
Vestvågøy rank 4–11 of 13 in KOSTRA group 8
Latest accounts filed
2025
LEI
549300ZRZTBEIX68O190 renews 13 January 2027

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
Sigvald Arctander Rist
Chair of the board
Torgeir Johan Svae
Board member
Frode Johannesen Sandmark
Auditor
PRICEWATERHOUSECOOPERS AS

Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.

Parent company
KVERVA INDUSTRIER AS (Norway)
Ultimate parent
KVARV AS (Norway)

Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 30 October 2026. The parent is the one the company itself reported to GLEIF.

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.

Report an issue

Figures last fetched 28 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index405848
Rank2,4711,3452,202
Operating margin−39.8%24.6%11.1%
Return on assets6.8%9.0%4.1%
Equity ratio45.6%50.9%46.6%
Current ratio0.981.391.09
Revenue growth–−22.9%91.1%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure202320242025
Operating revenue71.3 MNOK55.0 MNOK105.0 MNOK
Operating profit−28.4 MNOK13.5 MNOK11.6 MNOK
Profit before tax146.6 MNOK51.4 MNOK−83.9 MNOK
Net profit133.5 MNOK35.3 MNOK−87.5 MNOK
Financial expenses−5.7 MNOK131.0 MNOK166.3 MNOK
Total assets2,072.0 MNOK2,018.1 MNOK2,011.3 MNOK
Current assets483.2 MNOK531.3 MNOK511.2 MNOK
Equity945.3 MNOK1,026.7 MNOK936.7 MNOK
Retained earnings−186.7 MNOK−151.3 MNOK−241.4 MNOK
Total liabilities1,126.7 MNOK991.3 MNOK1,074.6 MNOK
Current liabilities494.5 MNOK381.4 MNOK468.0 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 6124229.

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