TRIPLENINE VEDDE AS
Score · fiscal year 2025
52of 100
How to read this: the company is ahead of 55 % of companies in the Morning class Large in the same sector in 2025. What does this mean?
Rank in the Morning class Large: 51 of 111 · What are Morning company classes?
Place in the whole sector: 988 of 2,232 · Sjømat
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 30 and solidity 90 out of 100 among companies in the Morning class Large in the same sector in 2025. Methodology
Against the sector
TRIPLENINE VEDDE AS is 1 points above the median for companies in the Morning class Large in the same sector in 2025.
Median score 51 among 111 companies.
Against companies in the Morning class Large in the same sector in 2025: operating margin 0.2% (median 4.9%) and equity ratio 68.8% (median 39.0%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 650 MNOK | 1,059 MNOK |
| Operating margin | 0.2% | 4.9% |
| Profit margin | 0.8% | 3.6% |
| Return on assets | 4.9% | 7.1% |
| Equity ratio | 68.8% | 39.0% |
| Debt-to-equity | 0.45 | 1.56 |
| Current ratio | 1.77 | 1.56 |
| Revenue growth | −26.4% | 7.4% |
| Revenue per employee | 11.61 MNOK | 11.39 MNOK |
The median and “ahead of” refer to companies in the Morning class Large in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 52, TRIPLENINE VEDDE AS does better than 55% of companies in the Morning class Large in the same sector (111 companies) in 2025.
Score 2023–2025
- TRIPLENINE VEDDE AS
- Median: companies in the Morning class Large in the same sector
TRIPLENINE VEDDE AS has a score of 52 for 2025, rank 988 of 2,232 in the sector.
Strongest: Solidity: percentile 90 against peers, equity ratio 68.8% against a median of 39.0%. Consistency: percentile 73 against peers.
Weakest: Growth: percentile 6 against peers, revenue growth −26.4% against a median of 7.4%. Profitability: percentile 30 against peers, operating margin 0.2% against a median of 4.9%.
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 0.2% (median 4.9%).
- What lies behind weak growth, and will it last?
- What lies behind weak profitability, 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
TRIPLENINE VEDDE AS had an operating margin of 0.2% and an equity ratio of 68.8% in 2025, and ranks 988 of 2,232 in Sjømat.
From 2024 to 2025: the operating margin fell from 7.0% to 0.2% and the equity ratio fell from 82.7% to 68.8%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 11 MNOK and 204 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 32 MNOK |
| EV/EBIT | 8.0 | 11 MNOK |
| P/B | 1.0 | 204 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 0.2% (median 4.9%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 9.8% 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
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 | 30 | weight 30% |
|---|---|---|
| Solidity | 90 | weight 25% |
| Liquidity | 59 | weight 15% |
| Growth | 6 | weight 15% |
| Consistency | 73 | weight 15% |
Durability: 64 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is TRIPLENINE VEDDE AS?
The operating margin was 0.2% in 2025, against a median of 4.9% among companies in the Morning class Large in the same sector. Return on assets was 4.9%.
How solid is TRIPLENINE VEDDE AS?
The equity ratio was 68.8% in 2025 (median 39.0%). Debt-to-equity was 0.45 (median 1.56).
What is the liquidity of TRIPLENINE VEDDE AS like?
The current ratio was 1.77 in 2025 (median 1.56).
How does TRIPLENINE VEDDE AS compare in Sjømat?
TRIPLENINE VEDDE AS ranks 988 of 2,232 in Sjømat for 2025. Among companies in the Morning class Large it is number 51 of 111. Revenue changed by −26.4% 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.
- 961138973
- Legal form
- AS · part of a group
- Sector
- Sjømat (10.203)
- Morning company class
- Large
- Employees
- 56 registered 10 September 2026
- Founded
- 2 May 1991 35 years in operation
- Share capital
- 0.35 MNOK
- Business address
- Rasmusbakken 26, 6030 LANGEVÅG (SULA)
- Municipality
- Sula rank 18 of 40 in KOSTRA group 1
- Latest accounts filed
- 2025
- Website
- www.vedde.no
- LEI
- 549300FV46NEUEMOHO83 renews 21 October 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
- Ola Kåre Dybvik
- Chair of the board
- Niels Casper Andersen
- Board member
- Kenneth Lande Klokk
- Deputy member
- Ola Kåre Dybvik
- Auditor
- DELOITTE AS
- Accountant
- AIDER AS
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
- Parent company
- TRIPLENINE GROUP A/S (Denmark)
Foreign-owned according to GLEIF.
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 29 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.
Figures last fetched 28 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 68 | 70 | 52 | |
| Rank | 420 | 264 | 988 | |
| Operating margin | 14.6% | 7.0% | 0.2% | |
| Return on assets | 64.9% | 13.9% | 4.9% | |
| Equity ratio | 47.4% | 82.7% | 68.8% | |
| Current ratio | 1.23 | 3.59 | 1.77 | |
| Revenue growth | – | −7.0% | −26.4% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 949.7 MNOK | 883.6 MNOK | 650.2 MNOK |
| Operating profit | 139.1 MNOK | 62.0 MNOK | 1.2 MNOK |
| Profit before tax | 272.6 MNOK | 62.1 MNOK | 5.4 MNOK |
| Net profit | 242.6 MNOK | 48.5 MNOK | 3.2 MNOK |
| Financial expenses | 11.0 MNOK | 5.6 MNOK | 9.0 MNOK |
| Total assets | 437.1 MNOK | 486.3 MNOK | 297.0 MNOK |
| Current assets | 283.1 MNOK | 301.0 MNOK | 163.8 MNOK |
| Equity | 207.2 MNOK | 402.4 MNOK | 204.3 MNOK |
| Retained earnings | 204.4 MNOK | 238.7 MNOK | 203.2 MNOK |
| Total liabilities | 229.9 MNOK | 83.9 MNOK | 92.7 MNOK |
| Current liabilities | 229.9 MNOK | 83.9 MNOK | 92.7 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 7144185.
Further
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