LERØY MIDT AS

Org. no. 985848718 · HITRA · Founded 2003 · 485 employees

Score · fiscal year 2025

45of 100

How to read this: the company is ahead of 34 % of large companies in the same sector in 2025. What does this mean?

Rank: 2,481 of 4,158 · Sjømat

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 43 out of 100 among large companies in the same sector in 2025. Methodology

Against the sector

LERØY MIDT AS is 5 points below the median for large companies in the same sector in 2025.

Median score 50 among 90 companies.

Against large companies in the same sector in 2025: operating margin 8.0% (median 5.1%) and equity ratio 39.0% (median 41.7%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 29 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue5,428 MNOK1,828 MNOK
Operating margin 8.0% 5.1% 67 %
Profit margin 5.1% 3.8% shown, not part of the index
Return on assets 7.5% 5.3% 62 %
Equity ratio 39.0% 41.7% 43 %
Debt-to-equity 1.57 1.40 43 %
Current ratio 0.49 1.37 13 %
Revenue growth −3.6% 7.2% 24 %
Revenue per employee11.19 MNOK11.67 MNOK

The median and “ahead of” refer to large companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 45, LERØY MIDT AS does better than 34% of large companies in the same sector (90 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • LERØY MIDT AS
  • Median: large companies in the same sector
Summary analysis

LERØY MIDT AS has a score of 45 for 2025, rank 2,481 of 4,158 in the sector.

Strongest: Consistency: percentile 66 against peers. Profitability: percentile 65 against peers, operating margin 8.0% against a median of 5.1%.

Weakest: Liquidity: percentile 13 against peers, current ratio 0.49 against a median of 1.37. Growth: percentile 24 against peers, revenue growth −3.6% against a median of 7.2%.

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

LERØY MIDT AS had an operating margin of 8.0% and an equity ratio of 39.0% in 2025, and ranks 2,481 of 4,158 in Sjømat.

From 2024 to 2025: the operating margin fell from 13.3% to 8.0% and the equity ratio rose from 31.2% to 39.0%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 1,965 MNOK and 2,263 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 210.7 MNOK 10.0 2,107 MNOK
EV/EBIT Operating profit: 432.8 MNOK
minus net debt 1,498.0 MNOK
8.0 1,965 MNOK
P/B Equity: 2,262.6 MNOK 1.0 2,263 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

Indications · 2025

Worth a closer look

  • critical

    Consider strengthening liquidity: current liabilities are 2.0 times current assets.

    Based on: Current ratio 0.49 (median 1.37).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 4.4% 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.

Stress test · 2022

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 −5.0%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability65 weight 30%
Solidity43 weight 25%
Liquidity13 weight 15%
Growth24 weight 15%
Consistency66 weight 15%

Durability: 47 (average over 3 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is LERØY MIDT AS?

The operating margin was 8.0% in 2025, against a median of 5.1% among large companies in the same sector. Return on assets was 7.5%.

How solid is LERØY MIDT AS?

The equity ratio was 39.0% in 2025 (median 41.7%). Debt-to-equity was 1.57 (median 1.40).

What is the liquidity of LERØY MIDT AS like?

The current ratio was 0.49 in 2025 (median 1.37). Current assets did not cover current liabilities.

How does LERØY MIDT AS compare in Sjømat?

LERØY MIDT AS ranks 2,481 of 4,158 in Sjømat for 2025. Among companies of the same size (large companies) it ranks 60 of 90. Revenue changed by −3.6% 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.
985848718
Legal form
AS · part of a group
Sector
Sjømat (03.211)
Size tier
large
Employees
485 registered 10 October 2026
Founded
3 July 2003 23 years in operation
Share capital
0.09 MNOK
Business address
Industriparkveien 31, 7246 SANDSTAD (HITRA)
Municipality
Hitra rank 2–9 of 9 in KOSTRA group 3
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
Harald Larssen
Chair of the board
Bjarne Reinert
Board member
Sjur Svenningsson Malm
Board member
Helene Bergsli
Board member
Ingun Næve
Board member
Beate Skillingstad
Deputy member
Arild Strøm
Deputy member
Silje Trøan Paulsen
Auditor
PRICEWATERHOUSECOOPERS AS
Accountant
AZETS INSIGHT 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.

Report an issue

Figures last fetched 29 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index464845
Rank2,1232,0822,481
Operating margin13.7%13.3%8.0%
Return on assets8.5%9.7%7.5%
Equity ratio29.9%31.2%39.0%
Current ratio1.080.990.49
Revenue growth–13.8%−3.6%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure202320242025
Operating revenue4,949.1 MNOK5,630.3 MNOK5,427.6 MNOK
Operating profit678.3 MNOK749.1 MNOK432.8 MNOK
Profit before tax583.3 MNOK588.6 MNOK276.7 MNOK
Net profit450.1 MNOK455.3 MNOK210.7 MNOK
Financial expenses95.8 MNOK296.9 MNOK156.2 MNOK
Total assets8,024.1 MNOK9,148.5 MNOK5,804.0 MNOK
Current assets4,146.4 MNOK4,573.2 MNOK989.2 MNOK
Equity2,396.6 MNOK2,851.9 MNOK2,262.6 MNOK
Retained earnings2,043.8 MNOK2,499.1 MNOK1,909.9 MNOK
Total liabilities5,627.6 MNOK6,296.6 MNOK3,541.4 MNOK
Current liabilities3,833.8 MNOK4,608.1 MNOK2,009.2 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 7076130.

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