OLYMPIC SHIP AS
Score · fiscal year 2023
71of 100
How to read this: the company is ahead of 84 % of small companies in the same sector in 2023. What does this mean?
Rank: 137 of 890 · Sjøfart
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 35 and solidity 99 out of 100 among small companies in the same sector in 2023. Methodology
Against the sector
OLYMPIC SHIP AS is 22 points above the median for small companies in the same sector in 2023.
Median score 49 among 624 companies.
Against small companies in the same sector in 2023: operating margin 7.3% (median 12.3%) and equity ratio 100.0% (median 44.2%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 4 MNOK | 16 MNOK |
| Operating margin | 7.3% | 12.3% |
| Profit margin | 36.0% | 8.4% |
| Return on assets | 3.0% | 9.0% |
| Equity ratio | 100.0% | 44.2% |
| Debt-to-equity | 0.00 | 1.04 |
| Current ratio | – | 1.86 |
| Revenue growth | – | 18.4% |
The median and “ahead of” refer to small companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 71, OLYMPIC SHIP AS does better than 84% of small companies in the same sector (624 companies) in 2023.
Score 2023–2025
- OLYMPIC SHIP AS
- Median: small companies in the same sector
What the numbers say
OLYMPIC SHIP AS had an operating margin of 7.3% and an equity ratio of 100.0% in 2023, and ranks 137 of 890 in Sjøfart.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 13 MNOK and 51 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 13 MNOK |
| EV/EBIT | 8.0 | 32 MNOK |
| P/B | 1.0 | 51 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
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.
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 5.1%. 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 | 35 | weight 30% |
|---|---|---|
| Solidity | 99 | weight 25% |
| Liquidity | – | no data, left out |
| Growth | – | no data, left out |
| Consistency | 97 | weight 15% |
Index version 2. Data completeness 70%: the share of the weights that had data.
Questions and answers
How profitable is OLYMPIC SHIP AS?
The operating margin was 7.3% in 2023, against a median of 12.3% among small companies in the same sector. Return on assets was 3.0%.
How solid is OLYMPIC SHIP AS?
The equity ratio was 100.0% in 2023 (median 44.2%). Debt-to-equity was 0.00 (median 1.04).
How does OLYMPIC SHIP AS compare in Sjøfart?
OLYMPIC SHIP AS ranks 137 of 890 in Sjøfart for 2023. Among companies of the same size (small companies) it ranks 100 of 624.
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.
- 977488680
- Legal form
- AS · part of a group
- Sector
- Sjøfart (50.203)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 26 February 1997 29 years in operation
- Share capital
- 3.95 MNOK
- Business address
- 6090 FOSNAVÅG (HERØY)
- Municipality
- Herøy (Møre og Romsdal) rank 5–23 of 40 in KOSTRA group 1
- 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
- Chair of the board
- Stig Rune Remøy
- Board member
- Renathe Helene Nesseth
- Auditor
- BDO 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 | 71 | 67 | 68 | |
| Rank | 137 | 164 | 144 | |
| Operating margin | 7.3% | 6.1% | 8.9% | |
| Return on assets | 3.0% | 1.3% | 0.6% | |
| Equity ratio | 100.0% | 100.0% | 99.7% | |
| Current ratio | – | 3,821.18 | 270.67 | |
| Revenue growth | – | 0.3% | −0.3% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 3.6 MNOK | 3.7 MNOK | 3.6 MNOK |
| Operating profit | 0.3 MNOK | 0.2 MNOK | 0.3 MNOK |
| Profit before tax | 1.3 MNOK | 0.7 MNOK | 7.5 MNOK |
| Net profit | 1.3 MNOK | 0.7 MNOK | 7.5 MNOK |
| Financial expenses | 0.2 MNOK | 0.0 MNOK | −7.1 MNOK |
| Total assets | 51.3 MNOK | 51.9 MNOK | 59.6 MNOK |
| Current assets | 30.4 MNOK | 34.4 MNOK | 45.2 MNOK |
| Equity | 51.3 MNOK | 51.9 MNOK | 59.4 MNOK |
| Retained earnings | 47.3 MNOK | 48.0 MNOK | 55.4 MNOK |
| Total liabilities | 0.0 MNOK | 0.0 MNOK | 0.2 MNOK |
| Current liabilities | – | 0.0 MNOK | 0.2 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 5103121.
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