LM Processing AS
Score · fiscal year 2024
13of 100
How to read this: the company is ahead of 2 % of companies in the Morning class Small in the same sector in 2024. What does this mean?
Rank in the Morning class Small: 408 of 417 · What are Morning company classes?
Place in the whole sector: 1,948 of 1,994 · Sjømat
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 10 and solidity 0 out of 100 among companies in the Morning class Small in the same sector in 2024. Methodology
Against the sector
LM Processing AS is 38 points below the median for companies in the Morning class Small in the same sector in 2024.
Median score 51 among 417 companies.
Against companies in the Morning class Small in the same sector in 2024: operating margin −7.0% (median 8.8%) and equity ratio −15.7% (median 29.0%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 18 MNOK | 22 MNOK |
| Operating margin | −7.0% | 8.8% |
| Profit margin | −11.0% | 2.9% |
| Return on assets | −35.7% | 4.9% |
| Equity ratio | −15.7% | 29.0% |
| Debt-to-equity | – | 2.14 |
| Current ratio | 1.08 | 1.64 |
| Revenue growth | −15.5% | 0.6% |
The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 13, LM Processing AS does better than 2% of companies in the Morning class Small in the same sector (417 companies) in 2024.
Score 2023–2025
- LM Processing AS
- Median: companies in the Morning class Small in the same sector
What the numbers say
LM Processing AS had an operating margin of −7.0% and an equity ratio of −15.7% in 2024, and ranks 1,948 of 1,994 in Sjømat.
From 2023 to 2024: the equity ratio fell from 25.0% to −15.7% and revenue fell by 15%.
This text is generated automatically from the 2024 accounts.
Three simple methods
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | not meaningful |
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
- critical
Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?
Based on: Equity ratio −15.7% (median 29.0%).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −11.0% (median 2.9%).
- 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 −7.0% (median 8.8%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 19.6% 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.
See interest rates, prices and exchange rates for the sector
Data quality
- critical Negative equity
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 | 10 | weight 30% |
|---|---|---|
| Solidity | 0 | weight 25% |
| Liquidity | 32 | weight 15% |
| Growth | 26 | weight 15% |
| Consistency | 7 | weight 15% |
Durability: 22 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is LM Processing AS?
The operating margin was −7.0% in 2024, against a median of 8.8% among companies in the Morning class Small in the same sector. Return on assets was −35.7%. The company made a loss before tax.
How solid is LM Processing AS?
The equity ratio was −15.7% in 2024 (median 29.0%). Equity is negative, so liabilities exceed assets.
What is the liquidity of LM Processing AS like?
The current ratio was 1.08 in 2024 (median 1.64).
How does LM Processing AS compare in Sjømat?
LM Processing AS ranks 1,948 of 1,994 in Sjømat for 2024. Among companies in the Morning class Small it is number 408 of 417. Revenue changed by −15.5% from the year before.
From the Central Coordinating Register
- Org. no.
- 965509534
- Legal form
- AS
- Sector
- Sjømat (10.203)
- Morning company class
- Small
- Employees
- 0–4 (not registered)
- Founded
- 24 November 1992 33 years in operation
- Share capital
- 0.40 MNOK
- Business address
- Vågahammeren 6, 6520 FREI (KRISTIANSUND)
- Municipality
- Kristiansund rank 17–26 of 27 in KOSTRA group 9
- Latest accounts filed
- 2025
- LEI
- 636700DB4PTBJ97XWM26 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
Loading roles …
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
- Parent company
- Parent not reported
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 31 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 | 32 | 13 | 74 | |
| Rank | 1,621 | 1,948 | 160 | |
| Operating margin | −6.5% | −7.0% | 39.9% | |
| Return on assets | −18.2% | −35.7% | 98.8% | |
| Equity ratio | 25.0% | −15.7% | 68.1% | |
| Current ratio | 1.53 | 1.08 | 5.01 | |
| Revenue growth | – | −15.5% | −24.3% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 21.6 MNOK | 18.3 MNOK | 13.8 MNOK |
| Operating profit | −1.4 MNOK | −1.3 MNOK | 5.5 MNOK |
| Profit before tax | −1.7 MNOK | −2.0 MNOK | 5.1 MNOK |
| Net profit | −1.4 MNOK | −2.0 MNOK | 4.4 MNOK |
| Financial expenses | 0.6 MNOK | 0.8 MNOK | 0.5 MNOK |
| Total assets | 5.9 MNOK | 3.5 MNOK | 5.7 MNOK |
| Current assets | 2.9 MNOK | 1.9 MNOK | 5.5 MNOK |
| Equity | 1.5 MNOK | −0.5 MNOK | 3.9 MNOK |
| Retained earnings | 0.6 MNOK | −1.4 MNOK | 3.0 MNOK |
| Total liabilities | 4.4 MNOK | 4.0 MNOK | 1.8 MNOK |
| Current liabilities | 1.9 MNOK | 1.7 MNOK | 1.1 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 6225575.
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