FRED.OLSEN MARINE SERVICES AS

Org. no. 962189938 · OSLO · Founded 1991

Score · fiscal year 2024

57of 100

How to read this: the company is ahead of 63 % of small companies in the same sector in 2024. What does this mean?

Rank: 11,482 of 31,119 · Bygg og anlegg

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 38 and solidity 82 out of 100 among small companies in the same sector in 2024. Methodology

Against the sector

FRED.OLSEN MARINE SERVICES AS is 7 points above the median for small companies in the same sector in 2024.

Median score 50 among 30,023 companies.

Against small companies in the same sector in 2024: operating margin 0.1% (median 3.8%) and equity ratio 79.2% (median 36.8%).

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 revenue15 MNOK3 MNOK
Operating margin 0.1% 3.8% 33 %
Profit margin 0.8% 3.4% shown, not part of the index
Return on assets 3.2% 5.8% 43 %
Equity ratio 79.2% 36.8% 84 %
Debt-to-equity 0.26 1.19 81 %
Current ratio 3.46 1.45 83 %
Revenue growth −49.2% 1.8% 9 %

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 57, FRED.OLSEN MARINE SERVICES AS does better than 63% of small companies in the same sector (30,094 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • FRED.OLSEN MARINE SERVICES AS
  • Median: small companies in the same sector
Analysis · 2024

What the numbers say

FRED.OLSEN MARINE SERVICES AS had an operating margin of 0.1% and an equity ratio of 79.2% in 2024, and ranks 11,482 of 31,119 in Bygg og anlegg.

From 2023 to 2024: the equity ratio rose from 46.3% to 79.2% and revenue fell by 49%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 1 MNOK and 3 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.1 MNOK 10.0 1 MNOK
EV/EBIT Operating profit: 0.0 MNOK
minus net debt −2.0 MNOK
8.0 2 MNOK
P/B Equity: 3.4 MNOK 1.0 3 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 1.5% 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 2.4%. 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

Profitability38 weight 30%
Solidity82 weight 25%
Liquidity83 weight 15%
Growth9 weight 15%
Consistency73 weight 15%

Durability: 52 (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 FRED.OLSEN MARINE SERVICES AS?

The operating margin was 0.1% in 2024, against a median of 3.8% among small companies in the same sector. Return on assets was 3.2%.

How solid is FRED.OLSEN MARINE SERVICES AS?

The equity ratio was 79.2% in 2024 (median 36.8%). Debt-to-equity was 0.26 (median 1.19).

What is the liquidity of FRED.OLSEN MARINE SERVICES AS like?

The current ratio was 3.46 in 2024 (median 1.45).

How does FRED.OLSEN MARINE SERVICES AS compare in Bygg og anlegg?

FRED.OLSEN MARINE SERVICES AS ranks 11,482 of 31,119 in Bygg og anlegg for 2024. Among companies of the same size (small companies) it ranks 11,089 of 30,094. Revenue changed by −49.2% from the year before.

From the Central Coordinating Register

Org. no.
962189938
Legal form
AS
Sector
Bygg og anlegg (42.221)
Size tier
small
Employees
0–4 (not registered)
Founded
28 October 1991 35 years in operation
Share capital
2.50 MNOK
Business address
Fred. Olsens gate 2, 0152 OSLO
Municipality
Oslo rank 63–221 of 357 in Norway
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
Jan Sand Schanke-Jørgensen
Chair of the board
Hjalmar Krogseth Moe
Auditor
BERGE & LUNDAL REVISJONSSELSKAP 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.

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Figures last fetched 28 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index465760
Rank16,35611,4829,766
Operating margin0.3%0.1%0.4%
Return on assets3.7%3.2%3.1%
Equity ratio46.3%79.2%81.7%
Current ratio1.573.463.92
Revenue growth–−49.2%−29.8%

Accounts

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

Key figure202320242025
Operating revenue30.0 MNOK15.2 MNOK10.7 MNOK
Operating profit0.1 MNOK0.0 MNOK0.0 MNOK
Profit before tax0.2 MNOK0.1 MNOK0.1 MNOK
Net profit0.2 MNOK0.1 MNOK0.1 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets7.1 MNOK4.3 MNOK4.3 MNOK
Current assets6.0 MNOK3.1 MNOK3.1 MNOK
Equity3.3 MNOK3.4 MNOK3.5 MNOK
Retained earnings0.8 MNOK0.9 MNOK1.0 MNOK
Total liabilities3.8 MNOK0.9 MNOK0.8 MNOK
Current liabilities3.8 MNOK0.9 MNOK0.8 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 5979763.

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