TORSVÅGBRUKET AS
Score · fiscal year 2025
46of 100
How to read this: the company is ahead of 40 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 1,939 of 3,375 · Sjømat
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 57 and solidity 27 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
TORSVÅGBRUKET AS is 3 points below the median for medium-sized companies in the same sector in 2025.
Median score 49 among 338 companies.
Against medium-sized companies in the same sector in 2025: operating margin 5.9% (median 10.6%) and equity ratio 27.6% (median 41.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 137 MNOK | 201 MNOK |
| Operating margin | 5.9% | 10.6% |
| Profit margin | 3.7% | 7.2% |
| Return on assets | 14.4% | 7.4% |
| Equity ratio | 27.6% | 41.4% |
| Debt-to-equity | 2.62 | 1.37 |
| Current ratio | 0.96 | 1.72 |
| Revenue growth | 87.7% | 8.9% |
| Revenue per employee | 4.03 MNOK | 7.71 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 46, TORSVÅGBRUKET AS does better than 40% of medium-sized companies in the same sector (338 companies) in 2025.
Score 2023–2025
- TORSVÅGBRUKET AS
- Median: medium-sized companies in the same sector
TORSVÅGBRUKET AS has a score of 46 for 2025, rank 1,939 of 3,375 in the sector.
Strongest: Growth: percentile 92 against peers, revenue growth 87.7% against a median of 8.9%.
Weakest: Liquidity: percentile 22 against peers, current ratio 0.96 against a median of 1.72. Solidity: percentile 27 against peers, equity ratio 27.6% against a median of 41.4%.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 1.0 times current assets. Based on: current ratio 0.96 (median 1.72).
- Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have? Based on: revenue growth 87.7% (median 8.9%); current ratio 0.96 (median 1.72).
- What lies behind weak solidity, and will it last?
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
TORSVÅGBRUKET AS had an operating margin of 5.9% and an equity ratio of 27.6% in 2025, and ranks 1,939 of 3,375 in Sjømat.
From 2024 to 2025: went from a loss to a profit before tax and revenue grew by 88%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 16 MNOK and 61 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 39 MNOK |
| EV/EBIT | 8.0 | 61 MNOK |
| P/B | 1.0 | 16 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
- watch
Consider strengthening liquidity: current liabilities are 1.0 times current assets.
Based on: Current ratio 0.96 (median 1.72).
- watch
Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?
Based on: Revenue growth 87.7% (median 8.9%); Current ratio 0.96 (median 1.72).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
No anomalies found in the figures.
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 −1.7%. 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 | 57 | weight 30% |
|---|---|---|
| Solidity | 27 | weight 25% |
| Liquidity | 22 | weight 15% |
| Growth | 92 | weight 15% |
| Consistency | 35 | weight 15% |
Durability: 48 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is TORSVÅGBRUKET AS?
The operating margin was 5.9% in 2025, against a median of 10.6% among medium-sized companies in the same sector. Return on assets was 14.4%.
How solid is TORSVÅGBRUKET AS?
The equity ratio was 27.6% in 2025 (median 41.4%). Debt-to-equity was 2.62 (median 1.37).
What is the liquidity of TORSVÅGBRUKET AS like?
The current ratio was 0.96 in 2025 (median 1.72). Current assets did not cover current liabilities.
How does TORSVÅGBRUKET AS compare in Sjømat?
TORSVÅGBRUKET AS ranks 1,939 of 3,375 in Sjømat for 2025. Among companies of the same size (medium-sized companies) it ranks 203 of 338. Revenue changed by 87.7% 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.
- 968486667
- Legal form
- AS · part of a group
- Sector
- Sjømat (10.201)
- Size tier
- medium
- Employees
- 34 registered 10 October 2026
- Founded
- 4 January 1994 32 years in operation
- Share capital
- 3.20 MNOK
- Business address
- 9136 VANNAREID (KARLSØY)
- Municipality
- Karlsøy rank 4–23 of 28 in KOSTRA group 6
- 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
- Espen Lund Kirkvik
- Chair of the board
- Steinar Eliassen
- Board member
- Frode Eliassen
- Board member
- Bjørg Helen Nøstvold
- Auditor
- NORDNORSK REVISJON 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.
Figures last fetched 28 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 49 | 49 | 46 | |
| Rank | 1,531 | 1,638 | 1,939 | |
| Operating margin | 5.6% | 0.2% | 5.9% | |
| Return on assets | 11.0% | 1.9% | 14.4% | |
| Equity ratio | 36.1% | 41.0% | 27.6% | |
| Current ratio | 0.77 | 0.67 | 0.96 | |
| Revenue growth | – | −1.6% | 87.7% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 74.2 MNOK | 73.0 MNOK | 137.1 MNOK |
| Operating profit | 4.2 MNOK | 0.1 MNOK | 8.1 MNOK |
| Profit before tax | 2.7 MNOK | −1.6 MNOK | 5.0 MNOK |
| Net profit | 2.1 MNOK | −1.2 MNOK | 3.9 MNOK |
| Financial expenses | 2.0 MNOK | 2.3 MNOK | 3.3 MNOK |
| Total assets | 42.2 MNOK | 36.6 MNOK | 57.9 MNOK |
| Current assets | 16.5 MNOK | 11.4 MNOK | 36.9 MNOK |
| Equity | 15.2 MNOK | 15.0 MNOK | 16.0 MNOK |
| Retained earnings | 2.0 MNOK | 0.7 MNOK | 1.7 MNOK |
| Total liabilities | 27.0 MNOK | 21.6 MNOK | 41.9 MNOK |
| Current liabilities | 21.3 MNOK | 17.0 MNOK | 38.4 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 6855750.
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