LERØY MIDT AS
Score · fiscal year 2024
45of 100
How to read this: the company is ahead of 41 % of companies in the Morning class Large in the same sector in 2024. What does this mean?
Rank in the Morning class Large: 62 of 105 · What are Morning company classes?
Place in the whole sector: 1,213 of 2,010 · Sjømat
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 55 and solidity 30 out of 100 among companies in the Morning class Large in the same sector in 2024. Methodology
Against the sector
LERØY MIDT AS is 4 points below the median for companies in the Morning class Large in the same sector in 2024.
Median score 49 among 105 companies.
Against companies in the Morning class Large in the same sector in 2024: operating margin 13.3% (median 7.7%) and equity ratio 31.2% (median 39.8%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 5,630 MNOK | 1,072 MNOK |
| Operating margin | 13.3% | 7.7% |
| Profit margin | 10.5% | 6.2% |
| Return on assets | 9.7% | 10.4% |
| Equity ratio | 31.2% | 39.8% |
| Debt-to-equity | 2.21 | 1.46 |
| Current ratio | 0.99 | 1.87 |
| Revenue growth | 13.8% | 5.4% |
| Revenue per employee | 11.61 MNOK | 11.52 MNOK |
The median and “ahead of” refer to companies in the Morning class Large in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 45, LERØY MIDT AS does better than 41% of companies in the Morning class Large in the same sector (105 companies) in 2024.
Score 2023–2025
- LERØY MIDT AS
- Median: companies in the Morning class Large in the same sector
What the numbers say
LERØY MIDT AS had an operating margin of 13.3% and an equity ratio of 31.2% in 2024, and ranks 1,213 of 2,010 in Sjømat.
From 2023 to 2024: revenue grew by 14%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 2,852 MNOK and 4,553 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 4,553 MNOK |
| EV/EBIT | 8.0 | 4,333 MNOK |
| P/B | 1.0 | 2,852 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 0.99 (median 1.87).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 4.7% 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 2022, the sector's weakest year, for this company.
The sector's weakest year was 2022, with a median operating margin of −0.5%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 55 | weight 30% |
|---|---|---|
| Solidity | 30 | weight 25% |
| Liquidity | 15 | weight 15% |
| Growth | 68 | weight 15% |
| Consistency | 54 | weight 15% |
Durability: 40 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is LERØY MIDT AS?
The operating margin was 13.3% in 2024, against a median of 7.7% among companies in the Morning class Large in the same sector. Return on assets was 9.7%.
How solid is LERØY MIDT AS?
The equity ratio was 31.2% in 2024 (median 39.8%). Debt-to-equity was 2.21 (median 1.46).
What is the liquidity of LERØY MIDT AS like?
The current ratio was 0.99 in 2024 (median 1.87). Current assets did not cover current liabilities.
How does LERØY MIDT AS compare in Sjømat?
LERØY MIDT AS ranks 1,213 of 2,010 in Sjømat for 2024. Among companies in the Morning class Large it is number 62 of 105. Revenue changed by 13.8% 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)
- Morning company class
- 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.
Figures last fetched 29 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 36 | 45 | 44 | |
| Rank | 1,487 | 1,213 | 1,400 | |
| Operating margin | 13.7% | 13.3% | 8.0% | |
| Return on assets | 8.5% | 9.7% | 7.5% | |
| Equity ratio | 29.9% | 31.2% | 39.0% | |
| Current ratio | 1.08 | 0.99 | 0.49 | |
| Revenue growth | – | 13.8% | −3.6% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 4,949.1 MNOK | 5,630.3 MNOK | 5,427.6 MNOK |
| Operating profit | 678.3 MNOK | 749.1 MNOK | 432.8 MNOK |
| Profit before tax | 583.3 MNOK | 588.6 MNOK | 276.7 MNOK |
| Net profit | 450.1 MNOK | 455.3 MNOK | 210.7 MNOK |
| Financial expenses | 95.8 MNOK | 296.9 MNOK | 156.2 MNOK |
| Total assets | 8,024.1 MNOK | 9,148.5 MNOK | 5,804.0 MNOK |
| Current assets | 4,146.4 MNOK | 4,573.2 MNOK | 989.2 MNOK |
| Equity | 2,396.6 MNOK | 2,851.9 MNOK | 2,262.6 MNOK |
| Retained earnings | 2,043.8 MNOK | 2,499.1 MNOK | 1,909.9 MNOK |
| Total liabilities | 5,627.6 MNOK | 6,296.6 MNOK | 3,541.4 MNOK |
| Current liabilities | 3,833.8 MNOK | 4,608.1 MNOK | 2,009.2 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 6076533.
Further
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