LUSTRABAATANE AS
Score · fiscal year 2024
60of 100
How to read this: the company is ahead of 68 % of companies in the Morning class Small in the same sector in 2024. What does this mean?
Rank in the Morning class Small: 87 of 267 · What are Morning company classes?
Place in the whole sector: 289 of 961 · Sjøfart
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 76 and solidity 25 out of 100 among companies in the Morning class Small in the same sector in 2024. Methodology
Against the sector
LUSTRABAATANE AS is 11 points above the median for companies in the Morning class Small in the same sector in 2024.
Median score 49 among 267 companies.
Against companies in the Morning class Small in the same sector in 2024: operating margin 14.5% (median 8.3%) and equity ratio 15.8% (median 40.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 33 MNOK | 25 MNOK |
| Operating margin | 14.5% | 8.3% |
| Profit margin | 14.2% | 5.3% |
| Return on assets | 40.2% | 8.2% |
| Equity ratio | 15.8% | 40.4% |
| Debt-to-equity | 5.32 | 1.27 |
| Current ratio | 4.89 | 1.51 |
| Revenue growth | 15.2% | 8.4% |
| Revenue per employee | 0.70 MNOK | 1.60 MNOK |
The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 60, LUSTRABAATANE AS does better than 68% of companies in the Morning class Small in the same sector (267 companies) in 2024.
Score 2023–2025
- LUSTRABAATANE AS
- Median: companies in the Morning class Small in the same sector
What the numbers say
LUSTRABAATANE AS had an operating margin of 14.5% and an equity ratio of 15.8% in 2024, and ranks 289 of 961 in Sjøfart.
From 2023 to 2024: the equity ratio rose from −183.3% to 15.8% and the operating margin rose from 6.5% to 14.5%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 2 MNOK and 53 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 53 MNOK |
| EV/EBIT | 8.0 | 44 MNOK |
| P/B | 1.0 | 2 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.
Financial costs were 1.1% 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.
See interest rates, prices and exchange rates for the sector
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 | 76 | weight 30% |
|---|---|---|
| Solidity | 25 | weight 25% |
| Liquidity | 82 | weight 15% |
| Growth | 59 | weight 15% |
| Consistency | 63 | weight 15% |
Durability: 42 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is LUSTRABAATANE AS?
The operating margin was 14.5% in 2024, against a median of 8.3% among companies in the Morning class Small in the same sector. Return on assets was 40.2%.
How solid is LUSTRABAATANE AS?
The equity ratio was 15.8% in 2024 (median 40.4%). Debt-to-equity was 5.32 (median 1.27).
What is the liquidity of LUSTRABAATANE AS like?
The current ratio was 4.89 in 2024 (median 1.51).
How does LUSTRABAATANE AS compare in Sjøfart?
LUSTRABAATANE AS ranks 289 of 961 in Sjøfart for 2024. Among companies in the Morning class Small it is number 87 of 267. Revenue changed by 15.2% from the year before.
From the Central Coordinating Register
- Org. no.
- 983634087
- Legal form
- AS
- Sector
- Sjøfart (50.102)
- Morning company class
- Small
- Employees
- 47 registered 10 October 2026
- Founded
- 15 August 2001 25 years in operation
- Share capital
- 0.10 MNOK
- Business address
- Årøyvegen 14, 6856 SOGNDAL
- Municipality
- Sogndal rank 1 of 13 in KOSTRA group 8
- Latest accounts filed
- 2025
- Website
- www.Lustrabaatane.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
- Per Magne Sviggum
- Chair of the board
- Grete Bugge
- Board member
- Roger Brattebø
- Auditor
- BDO AS
- Accountant
- PARATA 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 29 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 24 | 60 | 42 | |
| Rank | 779 | 289 | 698 | |
| Operating margin | 6.5% | 14.5% | 0.7% | |
| Return on assets | 20.5% | 40.2% | 1.8% | |
| Equity ratio | −183.3% | 15.8% | 15.7% | |
| Current ratio | 0.92 | 4.89 | 1.05 | |
| Revenue growth | – | 15.2% | 31.7% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 28.5 MNOK | 32.8 MNOK | 43.2 MNOK |
| Operating profit | 1.9 MNOK | 4.8 MNOK | 0.3 MNOK |
| Profit before tax | 1.7 MNOK | 4.6 MNOK | 0.1 MNOK |
| Net profit | 1.7 MNOK | 5.3 MNOK | 0.3 MNOK |
| Financial expenses | 0.1 MNOK | 0.1 MNOK | 0.2 MNOK |
| Total assets | 9.1 MNOK | 11.8 MNOK | 17.8 MNOK |
| Current assets | 8.9 MNOK | 11.5 MNOK | 13.9 MNOK |
| Equity | −16.6 MNOK | 1.9 MNOK | 2.8 MNOK |
| Retained earnings | −16.7 MNOK | −0.5 MNOK | −0.1 MNOK |
| Total liabilities | 25.7 MNOK | 9.9 MNOK | 15.0 MNOK |
| Current liabilities | 9.7 MNOK | 2.3 MNOK | 13.2 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 6176349.
Further
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