TROND A KITTILSEN SHIPPING AS

Org. no. 964922470 · BAMBLE · Founded 1992 · 10 employees

Score · fiscal year 2025

74of 100

How to read this: the company is ahead of 93 % of small companies in the same sector in 2025. What does this mean?

Rank: 107 of 1,589 · Sjøfart

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 81 and solidity 65 out of 100 among small companies in the same sector in 2025. Methodology

Against the sector

TROND A KITTILSEN SHIPPING AS is 24 points above the median for small companies in the same sector in 2025.

Median score 50 among 1,146 companies.

Against small companies in the same sector in 2025: operating margin 23.0% (median 8.5%) and equity ratio 76.9% (median 50.7%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 28 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue61 MNOK5 MNOK
Operating margin 23.0% 8.5% 67 %
Profit margin 23.7% 9.2% shown, not part of the index
Return on assets 54.4% 3.1% 96 %
Equity ratio 76.9% 50.7% 66 %
Debt-to-equity 0.30 0.68 64 %
Current ratio 3.05 1.74 63 %
Revenue growth 52.7% 0.4% 85 %
Revenue per employee6.07 MNOK1.43 MNOK

The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 74, TROND A KITTILSEN SHIPPING AS does better than 93% of small companies in the same sector (1,152 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • TROND A KITTILSEN SHIPPING AS
  • Median: small companies in the same sector
Summary analysis

TROND A KITTILSEN SHIPPING AS has a score of 74 for 2025, rank 107 of 1,589 in the sector.

Strongest: Growth: percentile 85 against peers, revenue growth 52.7% against a median of 0.4%. Profitability: percentile 81 against peers, operating margin 23.0% against a median of 8.5%.

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

Analysis · 2025

What the numbers say

TROND A KITTILSEN SHIPPING AS had an operating margin of 23.0% and an equity ratio of 76.9% in 2025, and ranks 107 of 1,589 in Sjøfart.

From 2024 to 2025: the operating margin rose from 4.3% to 23.0% and the equity ratio rose from 34.4% to 76.9%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 21 MNOK and 120 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 11.2 MNOK 10.0 112 MNOK
EV/EBIT Operating profit: 14.0 MNOK
minus net debt −8.3 MNOK
8.0 120 MNOK
P/B Equity: 20.6 MNOK 1.0 21 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 · 2025

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.

Data quality

No anomalies found in the figures.

Stress test · 2026

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

Components · 2025

What the score is made of

Profitability81 weight 30%
Solidity65 weight 25%
Liquidity63 weight 15%
Growth85 weight 15%
Consistency77 weight 15%

Durability: 57 (average over 3 years)

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

2025

Questions and answers

How profitable is TROND A KITTILSEN SHIPPING AS?

The operating margin was 23.0% in 2025, against a median of 8.5% among small companies in the same sector. Return on assets was 54.4%.

How solid is TROND A KITTILSEN SHIPPING AS?

The equity ratio was 76.9% in 2025 (median 50.7%). Debt-to-equity was 0.30 (median 0.68).

What is the liquidity of TROND A KITTILSEN SHIPPING AS like?

The current ratio was 3.05 in 2025 (median 1.74).

How does TROND A KITTILSEN SHIPPING AS compare in Sjøfart?

TROND A KITTILSEN SHIPPING AS ranks 107 of 1,589 in Sjøfart for 2025. Among companies of the same size (small companies) it ranks 80 of 1,152. Revenue changed by 52.7% 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.
964922470
Legal form
AS · part of a group
Sector
Sjøfart (50.203)
Size tier
small
Employees
10 registered 10 September 2026
Founded
3 September 1992 34 years in operation
Share capital
0.10 MNOK
Business address
Frøyas vei 9, 3960 STATHELLE (BAMBLE)
Municipality
Bamble rank 23–34 of 38 in KOSTRA group 7
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
Trond Anders Kittilsen
Chair of the board
Ole Torberg Bjørnevik
Board member
Anders Kittilsen
Board member
Trond Anders Kittilsen
Board member
Siw Marita Bjørnevik
Auditor
REVISJONSSELSKAPET AS

Source: Central Coordinating Register, fetched 25 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
Index554274
Rank512960107
Operating margin3.7%4.3%23.0%
Return on assets7.7%8.3%54.4%
Equity ratio50.8%34.4%76.9%
Current ratio2.041.203.05
Revenue growth–−25.9%52.7%

Accounts

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

Key figure202320242025
Operating revenue53.6 MNOK39.7 MNOK60.7 MNOK
Operating profit2.0 MNOK1.7 MNOK14.0 MNOK
Profit before tax2.4 MNOK2.1 MNOK14.4 MNOK
Net profit1.9 MNOK1.7 MNOK11.2 MNOK
Financial expenses−0.3 MNOK0.1 MNOK0.2 MNOK
Total assets27.0 MNOK27.3 MNOK26.8 MNOK
Current assets20.3 MNOK21.4 MNOK18.8 MNOK
Equity13.7 MNOK9.4 MNOK20.6 MNOK
Retained earnings13.6 MNOK9.3 MNOK20.5 MNOK
Total liabilities13.3 MNOK17.9 MNOK6.2 MNOK
Current liabilities9.9 MNOK17.9 MNOK6.2 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 7008182.