SJØVARG AS
Score · fiscal year 2025
55of 100
How to read this: the company is ahead of 62 % of small companies in the same sector in 2025. What does this mean?
Rank: 772 of 2,035 · Sjøfart
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 65 and solidity 46 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
SJØVARG AS is 5 points above the median for small companies in the same sector in 2025.
Median score 50 among 1,468 companies.
Against small companies in the same sector in 2025: operating margin 8.5% (median 8.4%) and equity ratio 51.0% (median 51.2%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 31 MNOK | 5 MNOK |
| Operating margin | 8.5% | 8.4% |
| Profit margin | 8.3% | 9.2% |
| Return on assets | 17.2% | 3.4% |
| Equity ratio | 51.0% | 51.2% |
| Debt-to-equity | 0.96 | 0.67 |
| Current ratio | 0.96 | 1.77 |
| Revenue growth | 2.5% | 1.2% |
| Revenue per employee | 1.72 MNOK | 1.35 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 55, SJØVARG AS does better than 62% of small companies in the same sector (1,475 companies) in 2025.
Score 2023–2025
- SJØVARG AS
- Median: small companies in the same sector
SJØVARG AS has a score of 55 for 2025, rank 772 of 2,035 in the sector.
Strongest: Consistency: percentile 80 against peers. Profitability: percentile 65 against peers, operating margin 8.5% against a median of 8.4%.
Weakest: Liquidity: percentile 31 against peers, current ratio 0.96 against a median of 1.77.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 1.0 times current assets. Based on: current ratio 0.96 (median 1.77).
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
SJØVARG AS had an operating margin of 8.5% and an equity ratio of 51.0% in 2025, and ranks 772 of 2,035 in Sjøfart.
From 2024 to 2025: the operating margin fell from 11.4% to 8.5%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 8 MNOK and 23 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 20 MNOK |
| EV/EBIT | 8.0 | 23 MNOK |
| P/B | 1.0 | 8 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 1.77).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 1.6% 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.
Data quality
No anomalies found in the figures.
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
What the score is made of
| Profitability | 65 | weight 30% |
|---|---|---|
| Solidity | 46 | weight 25% |
| Liquidity | 31 | weight 15% |
| Growth | 52 | weight 15% |
| Consistency | 80 | 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 SJØVARG AS?
The operating margin was 8.5% in 2025, against a median of 8.4% among small companies in the same sector. Return on assets was 17.2%.
How solid is SJØVARG AS?
The equity ratio was 51.0% in 2025 (median 51.2%). Debt-to-equity was 0.96 (median 0.67).
What is the liquidity of SJØVARG AS like?
The current ratio was 0.96 in 2025 (median 1.77). Current assets did not cover current liabilities.
How does SJØVARG AS compare in Sjøfart?
SJØVARG AS ranks 772 of 2,035 in Sjøfart for 2025. Among companies of the same size (small companies) it ranks 563 of 1,475. Revenue changed by 2.5% from the year before.
From the Central Coordinating Register
- Org. no.
- 974228246
- Legal form
- AS
- Sector
- Sjøfart (50.202)
- Size tier
- small
- Employees
- 18 registered 10 October 2026
- Founded
- 7 February 1995 31 years in operation
- Share capital
- 0.59 MNOK
- Business address
- c/o Børge Knapstad, Stølan 81, 7270 DYRVIK (FRØYA)
- Municipality
- Frøya rank 1–8 of 9 in KOSTRA group 3
- Latest accounts filed
- 2025
- Website
- www.sjovarg.no
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
- Børge Sigmund Knapstad
- Chair of the board
- Edmund Arne Trøan
- Board member
- Børge Sigmund Knapstad
- Board member
- Ole Ivar Ødegård Lien
- Auditor
- BDO AS
- Accountant
- ASPIA NORGE 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.
Figures last fetched 28 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 51 | 60 | 55 | |
| Rank | 818 | 534 | 772 | |
| Operating margin | 6.8% | 11.4% | 8.5% | |
| Return on assets | 15.0% | 26.9% | 17.2% | |
| Equity ratio | 39.8% | 50.8% | 51.0% | |
| Current ratio | 1.11 | 1.38 | 0.96 | |
| Revenue growth | – | 11.8% | 2.5% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 27.0 MNOK | 30.2 MNOK | 31.0 MNOK |
| Operating profit | 1.8 MNOK | 3.5 MNOK | 2.6 MNOK |
| Profit before tax | 1.4 MNOK | 3.1 MNOK | 2.6 MNOK |
| Net profit | 1.4 MNOK | 2.6 MNOK | 2.0 MNOK |
| Financial expenses | 0.5 MNOK | 0.4 MNOK | 0.1 MNOK |
| Total assets | 12.5 MNOK | 12.9 MNOK | 15.6 MNOK |
| Current assets | 4.5 MNOK | 6.3 MNOK | 7.2 MNOK |
| Equity | 5.0 MNOK | 6.6 MNOK | 7.9 MNOK |
| Retained earnings | 4.4 MNOK | 6.0 MNOK | 7.4 MNOK |
| Total liabilities | 7.5 MNOK | 6.4 MNOK | 7.6 MNOK |
| Current liabilities | 4.1 MNOK | 4.6 MNOK | 7.5 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 7109347.
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