SØLVTRANS AS
Score · fiscal year 2024
Not enough data: Revenue not reported
Based on the annual accounts for 2024
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating margin | – | 5.5% |
| Profit margin | – | 2.3% |
| Return on assets | 24.7% | 6.8% |
| Equity ratio | 95.9% | 19.2% |
| Debt-to-equity | 0.04 | 2.97 |
| Current ratio | 4.47 | 1.03 |
| Revenue growth | – | 5.7% |
The median and “ahead of” refer to companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
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.
What the numbers say
SØLVTRANS AS had an equity ratio of 95.9% in 2024. The company is not ranked: revenue not reported.
No large changes in the key figures from 2023 to 2024.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 2,420 MNOK and 6,075 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 6,075 MNOK |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 2,420 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
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 14.3% 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
- watch Revenue not reported
- watch No revenue but large assets
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 5.1%. Based on the 7 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
Questions and answers
How profitable is SØLVTRANS AS?
The operating margin was – in 2024, against a median of 5.5% among companies in the same sector. Return on assets was 24.7%.
How solid is SØLVTRANS AS?
The equity ratio was 95.9% in 2024 (median 19.2%). Debt-to-equity was 0.04 (median 2.97).
What is the liquidity of SØLVTRANS AS like?
The current ratio was 4.47 in 2024 (median 1.03).
From the Central Coordinating Register
- Org. no.
- 961360560
- Legal form
- AS
- Sector
- Sjøfart (50.202)
- Size tier
- large
- Employees
- 0–4 (not registered)
- Founded
- 25 March 1991 35 years in operation
- Share capital
- 6.88 MNOK
- Business address
- Skansekaia 4B, 6002 ÅLESUND
- Municipality
- Ålesund rank 2–6 of 10 in KOSTRA group 11
- Latest accounts filed
- 2025
- Website
- www.solvtrans.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
- Chief executive
- Robin Engelkor Halsebakk
- Chair of the board
- Roger Halsebakk
- Board member
- Anders Hvide
- Auditor
- TELL NORGE 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 | – | – | – | |
| Rank | – | – | – | |
| Operating margin | – | – | – | |
| Return on assets | 6.5% | 24.7% | 5.7% | |
| Equity ratio | 93.6% | 95.9% | 97.8% | |
| Current ratio | 2.59 | 4.47 | 2.51 | |
| Revenue growth | – | – | – |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | – | – | – |
| Operating profit | −5.9 MNOK | −3.2 MNOK | −3.5 MNOK |
| Profit before tax | 152.5 MNOK | 609.7 MNOK | 120.8 MNOK |
| Net profit | 153.5 MNOK | 607.5 MNOK | 119.2 MNOK |
| Financial expenses | 15.9 MNOK | 14.6 MNOK | 21.0 MNOK |
| Total assets | 2,578.5 MNOK | 2,522.4 MNOK | 2,488.7 MNOK |
| Current assets | 278.2 MNOK | 165.4 MNOK | 140.4 MNOK |
| Equity | 2,412.6 MNOK | 2,420.1 MNOK | 2,432.8 MNOK |
| Retained earnings | 761.6 MNOK | 769.0 MNOK | 781.7 MNOK |
| Total liabilities | 165.9 MNOK | 102.3 MNOK | 55.9 MNOK |
| Current liabilities | 107.4 MNOK | 37.0 MNOK | 55.9 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 6256419.