BAUMARINE AS
Score · fiscal year 2024
29of 100
How to read this: the company is ahead of 26 % of large companies in the same sector in 2024. What does this mean?
Rank: 829 of 958 · Sjøfart
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 34 and solidity 6 out of 100 among large companies in the same sector in 2024. Methodology
Against the sector
BAUMARINE AS is 18 points below the median for large companies in the same sector in 2024.
Median score 47 among 36 companies.
Against large companies in the same sector in 2024: operating margin 0.4% (median 5.5%) and equity ratio 0.1% (median 19.2%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 1,829 MNOK | 2,193 MNOK |
| Operating margin | 0.4% | 5.5% |
| Profit margin | 0.0% | 2.3% |
| Return on assets | 2.6% | 6.8% |
| Equity ratio | 0.1% | 19.2% |
| Debt-to-equity | 1,613.94 | 2.97 |
| Current ratio | 1.00 | 1.03 |
| Revenue growth | 5.3% | 5.7% |
The median and “ahead of” refer to large companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 29, BAUMARINE AS does better than 26% of large companies in the same sector (36 companies) in 2024.
Score 2023–2025
- BAUMARINE AS
- Median: large companies in the same sector
What the numbers say
BAUMARINE AS had an operating margin of 0.4% and an equity ratio of 0.1% in 2024, and ranks 829 of 958 in Sjøfart.
No large changes in the key figures from 2023 to 2024.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 0 MUSD and 6 MUSD.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | 6 MUSD |
| P/B | 1.0 | 0 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
- watch
The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?
Based on: Equity ratio 0.1% (median 19.2%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 2.6% 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.
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 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 | 34 | weight 30% |
|---|---|---|
| Solidity | 6 | weight 25% |
| Liquidity | 40 | weight 15% |
| Growth | 49 | weight 15% |
| Consistency | 29 | weight 15% |
Durability: 27 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is BAUMARINE AS?
The operating margin was 0.4% in 2024, against a median of 5.5% among large companies in the same sector. Return on assets was 2.6%.
How solid is BAUMARINE AS?
The equity ratio was 0.1% in 2024 (median 19.2%). Debt-to-equity was 1,613.94 (median 2.97).
What is the liquidity of BAUMARINE AS like?
The current ratio was 1.00 in 2024 (median 1.03).
How does BAUMARINE AS compare in Sjøfart?
BAUMARINE AS ranks 829 of 958 in Sjøfart for 2024. Among companies of the same size (large companies) it ranks 27 of 36. Revenue changed by 5.3% from the year before.
From the Central Coordinating Register
- Org. no.
- 979964684
- Legal form
- AS
- Sector
- Sjøfart (50.201)
- Size tier
- large
- Employees
- 0–4 (not registered)
- Founded
- 25 June 1998 28 years in operation
- Share capital
- 0.10 MNOK
- Business address
- Drammensveien 260, 0283 OSLO
- Municipality
- Oslo rank 63–221 of 357 in Norway
- Latest accounts filed
- 2025
- Website
- www.klaveness.com
- LEI
- 549300EM4EKZLY72OW29 renews 18 September 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
- Petter Markussen
- Chair of the board
- Ernst André Meyer
- Board member
- Tomohiro Endo
- Board member
- Adriana Nadia Furdui-Næss
- Auditor
- ERNST & YOUNG AS
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
- Parent company
- REDERIAKSJESELSKAPET TORVALD KLAVENESS (Norway)
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 29 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 | 25 | 29 | 22 | |
| Rank | 770 | 829 | 951 | |
| Operating margin | 0.5% | 0.4% | 0.5% | |
| Return on assets | 2.9% | 2.6% | 2.3% | |
| Equity ratio | 0.1% | 0.1% | 0.1% | |
| Current ratio | 1.00 | 1.00 | 1.00 | |
| Revenue growth | – | 5.3% | −38.7% |
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 2024–31 December 2024: 10.7433 (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 | 161.7 MUSD | 170.3 MUSD | 104.4 MUSD |
| Operating profit | 0.9 MUSD | 0.7 MUSD | 0.5 MUSD |
| Profit before tax | 0.0 MUSD | 0.0 MUSD | 0.0 MUSD |
| Net profit | 0.0 MUSD | 0.0 MUSD | 0.0 MUSD |
| Financial expenses | 0.9 MUSD | 0.7 MUSD | 0.6 MUSD |
| Total assets | 29.6 MUSD | 26.3 MUSD | 23.8 MUSD |
| Current assets | 29.6 MUSD | 26.3 MUSD | 23.7 MUSD |
| Equity | 0.0 MUSD | 0.0 MUSD | 0.0 MUSD |
| Retained earnings | – | – | – |
| Total liabilities | 29.6 MUSD | 26.3 MUSD | 23.8 MUSD |
| Current liabilities | 29.6 MUSD | 26.3 MUSD | 23.8 MUSD |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 5540605.
Further
Similar companies
- SEATRANS CHEMICAL TANKERS AS index 33, rank 790 · compare
- G2 OCEAN AS index 32, rank 806 · compare
- MST SHUTTLE LOADING AS index 26, rank 858 · compare
- NORLED AS index 25, rank 869 · compare
- ODFJELL TANKERS AS index 25, rank 873 · compare