APL NORWAY AS
Score · fiscal year 2025
58of 100
How to read this: the company is ahead of 69 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 108 of 320 · Olje og gass
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 59 and solidity 75 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
APL NORWAY AS is 6 points above the median for medium-sized companies in the same sector in 2025.
Median score 52 among 108 companies.
Against medium-sized companies in the same sector in 2025: operating margin 13.8% (median 6.3%) and equity ratio 54.6% (median 34.3%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 873 MNOK | 244 MNOK |
| Operating margin | 13.8% | 6.3% |
| Profit margin | 15.9% | 6.0% |
| Return on assets | 11.4% | 11.5% |
| Equity ratio | 54.6% | 34.3% |
| Debt-to-equity | 0.83 | 1.56 |
| Current ratio | 1.49 | 1.31 |
| Revenue growth | 6.5% | 6.6% |
| Revenue per employee | 4.30 MNOK | 3.98 MNOK |
The median and “ahead of” refer to medium-sized companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 58, APL NORWAY AS does better than 69% of medium-sized companies in the same sector (108 companies) in 2025.
Score 2023–2025
- APL NORWAY AS
- Median: medium-sized companies in the same sector
APL NORWAY AS has a score of 58 for 2025, rank 108 of 320 in the sector.
Strongest: Solidity: percentile 75 against peers, equity ratio 54.6% against a median of 34.3%.
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
APL NORWAY AS had an operating margin of 13.8% and an equity ratio of 54.6% in 2025, and ranks 108 of 320 in Olje og gass.
From 2024 to 2025: the operating margin rose from 6.6% to 13.8%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 69 MUSD and 115 MUSD.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 115 MUSD |
| EV/EBIT | 8.0 | 90 MUSD |
| P/B | 1.0 | 69 MUSD |
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 1.7% 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
- watch Reports in a currency other than NOK
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 1.6%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 59 | weight 30% |
|---|---|---|
| Solidity | 75 | weight 25% |
| Liquidity | 56 | weight 15% |
| Growth | 50 | weight 15% |
| Consistency | 41 | weight 15% |
Durability: 56 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is APL NORWAY AS?
The operating margin was 13.8% in 2025, against a median of 6.3% among medium-sized companies in the same sector. Return on assets was 11.4%.
How solid is APL NORWAY AS?
The equity ratio was 54.6% in 2025 (median 34.3%). Debt-to-equity was 0.83 (median 1.56).
What is the liquidity of APL NORWAY AS like?
The current ratio was 1.49 in 2025 (median 1.31).
How does APL NORWAY AS compare in Olje og gass?
APL NORWAY AS ranks 108 of 320 in Olje og gass for 2025. Among companies of the same size (medium-sized companies) it ranks 34 of 108. Revenue changed by 6.5% 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.
- 966058013
- Legal form
- AS · part of a group
- Sector
- Olje og gass (09.109)
- Size tier
- medium
- Employees
- 203 registered 10 October 2026
- Founded
- 18 January 1993 33 years in operation
- Share capital
- 3.37 MNOK
- Business address
- Vikaveien 85, 4816 KOLBJØRNSVIK (ARENDAL)
- Municipality
- Arendal rank 5–10 of 10 in KOSTRA group 11
- Latest accounts filed
- 2025
- Website
- fps.nov.com
- LEI
- 549300NM2MCRFEZPG104 renews 31 January 2027
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
- Håvard Hjellseth
- Chair of the board
- Jan Erik Stork Melstveit
- Board member
- Bjørn Magne Grut
- Board member
- Mariann Buksholt
- Board member
- Helene Tørå Micallef
- Board member
- Trevor Brian Martin
- Deputy member
- Sissel Falkenberg Langås
- Deputy member
- Andre Langås Johansen
- Auditor
- ERNST & YOUNG AS
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 30 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 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 57 | 52 | 58 | |
| Rank | 123 | 140 | 108 | |
| Operating margin | 10.4% | 6.6% | 13.8% | |
| Return on assets | 11.0% | 8.0% | 11.4% | |
| Equity ratio | 57.3% | 57.9% | 54.6% | |
| Current ratio | 1.56 | 1.41 | 1.49 | |
| Revenue growth | – | −3.3% | 6.5% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (USD). Revenue in NOK is converted from USD at the mean rate for the accounting period 1 January 2025–31 December 2025: 10.3912 (norges_bank). Balance-sheet amounts use the rate on the balance-sheet date. Ratios and growth are computed in USD. Exchange rates at Norges Bank
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 81.6 MUSD | 78.9 MUSD | 84.1 MUSD |
| Operating profit | 8.5 MUSD | 5.2 MUSD | 11.6 MUSD |
| Profit before tax | 9.4 MUSD | 7.7 MUSD | 13.4 MUSD |
| Net profit | 6.3 MUSD | 6.6 MUSD | 11.5 MUSD |
| Financial expenses | 0.3 MUSD | 0.1 MUSD | 1.0 MUSD |
| Total assets | 88.6 MUSD | 97.5 MUSD | 126.4 MUSD |
| Current assets | 42.2 MUSD | 51.6 MUSD | 81.2 MUSD |
| Equity | 50.8 MUSD | 56.4 MUSD | 69.1 MUSD |
| Retained earnings | −57.3 MUSD | −51.7 MUSD | −39.0 MUSD |
| Total liabilities | 37.8 MUSD | 41.1 MUSD | 57.4 MUSD |
| Current liabilities | 27.1 MUSD | 36.5 MUSD | 54.7 MUSD |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6774138.
Further
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