SOLTIN GRUPPEN AS
Score · fiscal year 2025
46of 100
How to read this: the company is ahead of 40 % of small companies in the same sector in 2025. What does this mean?
Rank: 598 of 1,016 · Sjøfart
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 58 and solidity 33 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
SOLTIN GRUPPEN AS is 4 points below the median for small companies in the same sector in 2025.
Median score 50 among 705 companies.
Against small companies in the same sector in 2025: operating margin 21.4% (median 11.0%) and equity ratio 31.7% (median 44.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 5 MNOK | 21 MNOK |
| Operating margin | 21.4% | 11.0% |
| Profit margin | −0.3% | 9.1% |
| Return on assets | 7.6% | 7.6% |
| Equity ratio | 31.7% | 44.4% |
| Debt-to-equity | 2.15 | 1.04 |
| Current ratio | 0.04 | 1.67 |
| Revenue growth | 25.7% | 2.9% |
The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 46, SOLTIN GRUPPEN AS does better than 40% of small companies in the same sector (705 companies) in 2025.
Score 2023–2025
- SOLTIN GRUPPEN AS
- Median: small companies in the same sector
SOLTIN GRUPPEN AS has a score of 46 for 2025, rank 598 of 1,016 in the sector.
Strongest: Growth: percentile 76 against peers, revenue growth 25.7% against a median of 2.9%.
Weakest: Liquidity: percentile 3 against peers, current ratio 0.04 against a median of 1.67. Solidity: percentile 33 against peers, equity ratio 31.7% against a median of 44.4%.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 23.4 times current assets. Based on: current ratio 0.04 (median 1.67).
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −0.3% (median 9.1%).
- Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have? Based on: revenue growth 25.7% (median 2.9%); current ratio 0.04 (median 1.67).
- What lies behind weak solidity, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
SOLTIN GRUPPEN AS had an operating margin of 21.4% and an equity ratio of 31.7% in 2025, and ranks 598 of 1,016 in Sjøfart.
From 2024 to 2025: went from a profit to a loss before tax and revenue grew by 26%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 8 MNOK and 34 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | 8 MNOK |
| P/B | 1.0 | 34 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
- critical
Consider strengthening liquidity: current liabilities are 23.4 times current assets.
Based on: Current ratio 0.04 (median 1.67).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −0.3% (median 9.1%).
- watch
Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?
Based on: Revenue growth 25.7% (median 2.9%); Current ratio 0.04 (median 1.67).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 11.2% 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.
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 | 58 | weight 30% |
|---|---|---|
| Solidity | 33 | weight 25% |
| Liquidity | 3 | weight 15% |
| Growth | 76 | weight 15% |
| Consistency | 57 | weight 15% |
Durability: 44 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is SOLTIN GRUPPEN AS?
The operating margin was 21.4% in 2025, against a median of 11.0% among small companies in the same sector. Return on assets was 7.6%. The company made a loss before tax.
How solid is SOLTIN GRUPPEN AS?
The equity ratio was 31.7% in 2025 (median 44.4%). Debt-to-equity was 2.15 (median 1.04).
What is the liquidity of SOLTIN GRUPPEN AS like?
The current ratio was 0.04 in 2025 (median 1.67). Current assets did not cover current liabilities.
How does SOLTIN GRUPPEN AS compare in Sjøfart?
SOLTIN GRUPPEN AS ranks 598 of 1,016 in Sjøfart for 2025. Among companies of the same size (small companies) it ranks 422 of 705. Revenue changed by 25.7% from the year before.
From the Central Coordinating Register
- Org. no.
- 987246782
- Legal form
- AS
- Sector
- Sjøfart (50.202)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 10 September 2004 22 years in operation
- Share capital
- 0.10 MNOK
- Business address
- Kaien 11, 4250 KOPERVIK (KARMØY)
- Municipality
- Karmøy rank 2–7 of 13 in KOSTRA group 10
- 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
- Thomas Vestvik
- Chair of the board
- Jonny Vestvik
- Board member
- Anfinn Anders Vestvik
- Board member
- Thomas Vestvik
- Deputy member
- Irene Vestvik
- Auditor
- ALMA REVISJON AS
- Accountant
- GL SKIPSREGNSKAP 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 | 51 | 46 | |
| Rank | 642 | 452 | 598 | |
| Operating margin | 2.1% | 21.5% | 21.4% | |
| Return on assets | 19.2% | 11.6% | 7.6% | |
| Equity ratio | 19.8% | 27.4% | 31.7% | |
| Current ratio | 0.17 | 0.47 | 0.04 | |
| Revenue growth | – | 43.4% | 25.7% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 2.7 MNOK | 3.8 MNOK | 4.8 MNOK |
| Operating profit | 0.1 MNOK | 0.8 MNOK | 1.0 MNOK |
| Profit before tax | 18.6 MNOK | 5.5 MNOK | 0.0 MNOK |
| Net profit | 18.5 MNOK | 5.6 MNOK | 0.0 MNOK |
| Financial expenses | 9.8 MNOK | 8.8 MNOK | 8.1 MNOK |
| Total assets | 148.2 MNOK | 122.9 MNOK | 106.3 MNOK |
| Current assets | 3.5 MNOK | 7.1 MNOK | 0.2 MNOK |
| Equity | 29.3 MNOK | 33.7 MNOK | 33.7 MNOK |
| Retained earnings | 29.2 MNOK | 33.6 MNOK | 33.6 MNOK |
| Total liabilities | 118.9 MNOK | 89.2 MNOK | 72.6 MNOK |
| Current liabilities | 20.5 MNOK | 15.1 MNOK | 4.2 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 6533605.
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