AS AASEN BULK
Score · fiscal year 2025
73of 100
How to read this: the company is ahead of 93 % of companies in the Morning class Medium in the same sector in 2025. What does this mean?
Rank in the Morning class Medium: 31 of 417 · What are Morning company classes?
Place in the whole sector: 73 of 1,018 · Sjøfart
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 76 and solidity 70 out of 100 among companies in the Morning class Medium in the same sector in 2025. Methodology
Against the sector
AS AASEN BULK is 24 points above 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 33.0% (median 22.4%) and equity ratio 58.3% (median 42.6%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 378 MNOK | 125 MNOK |
| Operating margin | 33.0% | 22.4% |
| Profit margin | 29.7% | 13.3% |
| Return on assets | 22.9% | 9.5% |
| Equity ratio | 58.3% | 42.6% |
| Debt-to-equity | 0.72 | 1.31 |
| Current ratio | 5.39 | 1.51 |
| Revenue growth | 4.2% | 1.7% |
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 73, AS AASEN BULK does better than 93% of companies in the Morning class Medium in the same sector (417 companies) in 2025.
Score 2023–2025
- AS AASEN BULK
- Median: companies in the Morning class Medium in the same sector
AS AASEN BULK has a score of 73 for 2025, rank 73 of 1,018 in the sector.
Strongest: Liquidity: percentile 87 against peers, current ratio 5.39 against a median of 1.51. Consistency: percentile 76 against peers.
No area is clearly below its peers.
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 AASEN BULK had an operating margin of 33.0% and an equity ratio of 58.3% in 2025, and ranks 73 of 1,018 in Sjøfart.
From 2024 to 2025: the operating margin rose from 23.8% to 33.0% and the equity ratio rose from 48.0% to 58.3%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 329 MNOK and 1,124 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 1,124 MNOK |
| EV/EBIT | 8.0 | 966 MNOK |
| P/B | 1.0 | 329 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 7.0% 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 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 | 76 | weight 30% |
|---|---|---|
| Solidity | 70 | weight 25% |
| Liquidity | 87 | weight 15% |
| Growth | 57 | weight 15% |
| Consistency | 76 | weight 15% |
Durability: 69 (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 AASEN BULK?
The operating margin was 33.0% in 2025, against a median of 22.4% among companies in the Morning class Medium in the same sector. Return on assets was 22.9%.
How solid is AS AASEN BULK?
The equity ratio was 58.3% in 2025 (median 42.6%). Debt-to-equity was 0.72 (median 1.31).
What is the liquidity of AS AASEN BULK like?
The current ratio was 5.39 in 2025 (median 1.51).
How does AS AASEN BULK compare in Sjøfart?
AS AASEN BULK ranks 73 of 1,018 in Sjøfart for 2025. Among companies in the Morning class Medium it is number 31 of 417. Revenue changed by 4.2% 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.
- 961906776
- Legal form
- AS · part of a group
- Sector
- Sjøfart (50.201)
- Morning company class
- Medium
- Employees
- 0–4 (not registered)
- Founded
- 17 October 1991 35 years in operation
- Share capital
- 0.95 MNOK
- Business address
- Dalanesvegen 60, 5440 MOSTERHAMN (BØMLO)
- Municipality
- Bømlo rank 2 of 13 in KOSTRA group 8
- Latest accounts filed
- 2025
- LEI
- 549300987HYIPXMUNR15 not renewed (lapsed)
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
- Torbjørn Torkelsen
- Chair of the board
- Hans Martin Torkelsen
- Board member
- Aksel Urang Johannessen
- Auditor
- CEDRA NORGE AS
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
- Parent company
- Parent does not consolidate the company
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 | 71 | 62 | 73 | |
| Rank | 137 | 245 | 73 | |
| Operating margin | 30.5% | 23.8% | 33.0% | |
| Return on assets | 23.7% | 18.0% | 22.9% | |
| Equity ratio | 40.9% | 48.0% | 58.3% | |
| Current ratio | 5.70 | 8.04 | 5.39 | |
| Revenue growth | – | −0.3% | 4.2% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 364.1 MNOK | 362.9 MNOK | 378.2 MNOK |
| Operating profit | 110.9 MNOK | 86.4 MNOK | 124.6 MNOK |
| Profit before tax | 86.4 MNOK | 66.4 MNOK | 112.5 MNOK |
| Net profit | 86.3 MNOK | 66.3 MNOK | 112.4 MNOK |
| Financial expenses | 29.2 MNOK | 25.7 MNOK | 16.5 MNOK |
| Total assets | 488.7 MNOK | 512.7 MNOK | 564.0 MNOK |
| Current assets | 180.6 MNOK | 230.2 MNOK | 241.5 MNOK |
| Equity | 199.9 MNOK | 246.3 MNOK | 328.7 MNOK |
| Retained earnings | 199.0 MNOK | 245.3 MNOK | 327.7 MNOK |
| Total liabilities | 288.8 MNOK | 266.4 MNOK | 235.3 MNOK |
| Current liabilities | 31.7 MNOK | 28.6 MNOK | 44.8 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 7022474.
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