NIKARO AS
Score · fiscal year 2025
46of 100
How to read this: the company is ahead of 42 % of small companies in the same sector in 2025. What does this mean?
Rank: 2,441 of 4,158 · Sjømat
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 44 and solidity 50 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
NIKARO AS is 4 points below the median for small companies in the same sector in 2025.
Median score 50 among 3,607 companies.
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating margin | – | 9.9% |
| Profit margin | – | 6.6% |
| Return on assets | 1.1% | 3.1% |
| Equity ratio | 43.5% | 36.4% |
| Debt-to-equity | 1.30 | 1.03 |
| Current ratio | 1.18 | 1.66 |
| Revenue growth | – | 13.5% |
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, NIKARO AS does better than 42% of small companies in the same sector (3,639 companies) in 2025.
Score 2023–2025
- NIKARO AS
- Median: small companies in the same sector
NIKARO AS has a score of 46 for 2025, rank 2,441 of 4,158 in the sector.
Strongest: Solidity: percentile 50 against peers, equity ratio 43.5% against a median of 36.4%.
Weakest: Liquidity: percentile 39 against peers, current ratio 1.18 against a median of 1.66.
Worth a closer look
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin – (median 6.6%).
- What lies behind weak liquidity, 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
NIKARO AS had an operating margin of – and an equity ratio of 43.5% in 2025, and ranks 2,441 of 4,158 in Sjømat.
From 2024 to 2025: went from a profit to a loss before tax and the equity ratio fell from 67.8% to 43.5%.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 11 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 11 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
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin – (median 6.6%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 5.2% 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
- watch Revenue not reported
- watch No revenue but large assets
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
What the score is made of
| Profitability | 44 | weight 30% |
|---|---|---|
| Solidity | 50 | weight 25% |
| Liquidity | 39 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 49 | weight 15% |
Durability: 68 (average over 3 years)
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is NIKARO AS?
The operating margin was – in 2025, against a median of 9.9% among small companies in the same sector. Return on assets was 1.1%. The company made a loss before tax.
How solid is NIKARO AS?
The equity ratio was 43.5% in 2025 (median 36.4%). Debt-to-equity was 1.30 (median 1.03).
What is the liquidity of NIKARO AS like?
The current ratio was 1.18 in 2025 (median 1.66).
How does NIKARO AS compare in Sjømat?
NIKARO AS ranks 2,441 of 4,158 in Sjømat for 2025. Among companies of the same size (small companies) it ranks 2,102 of 3,639.
Group accounts · 2025
57 of 100
Rank 457 of 1300 groups with group accounts. Groups are ranked only against each other, not against single companies.
- Operating revenue, group
- 260 MNOK
- Operating profit, group
- 77 MNOK
- Profit before tax, group
- 79 MNOK
- Total assets, group
- 1,642 MNOK
- Equity, group
- 1,089 MNOK
| Key figure | The group | The company alone (2025) |
|---|---|---|
| Operating margin | 29.6% | – |
| Return on assets | 5.6% | 1.1% |
| Equity ratio | 66.3% | 43.5% |
| Current ratio | 1.30 | 1.18 |
| Revenue growth | 0.2% | – |
Group index in earlier years: 2023: 78 (174 of 1687), 2024: 84 (38 of 1345).
Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.
Source: Brønnøysund Register Centre, group accounts 2025 (open data, NLOD 2.0).
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 989111760
- Legal form
- AS
- Sector
- Sjømat (03.110)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 12 December 2005 20 years in operation
- Share capital
- 1.02 MNOK
- Business address
- Villaveien 7A, 0371 OSLO
- Municipality
- Oslo rank 63–221 of 357 in Norway
- Latest accounts filed
- 2025
- LEI
- 5493003FGPGMDV7HWI81 renews 10 April 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
- Janne Grethe Strand Aasnæs
- Chair of the board
- Janne Grethe Strand Aasnæs
- Deputy member
- Elisabeth Strand
- Auditor
- BDO AS
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
- Parent company
- No parent company: owned by persons
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 29 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 83 | 75 | 46 | |
| Rank | 136 | 278 | 2,441 | |
| Operating margin | 48.2% | – | – | |
| Return on assets | 29.9% | 42.3% | 1.1% | |
| Equity ratio | 79.3% | 67.8% | 43.5% | |
| Current ratio | 3.26 | 2.38 | 1.18 | |
| Revenue growth | – | – | – |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.2 MNOK | – | – |
| Operating profit | 0.1 MNOK | −0.4 MNOK | −0.2 MNOK |
| Profit before tax | 9.5 MNOK | 19.9 MNOK | −0.4 MNOK |
| Net profit | 9.4 MNOK | 19.8 MNOK | −0.5 MNOK |
| Financial expenses | 0.8 MNOK | 0.0 MNOK | 0.7 MNOK |
| Total assets | 34.3 MNOK | 47.2 MNOK | 24.6 MNOK |
| Current assets | 22.9 MNOK | 35.8 MNOK | 16.3 MNOK |
| Equity | 27.2 MNOK | 32.0 MNOK | 10.7 MNOK |
| Retained earnings | 25.8 MNOK | 30.6 MNOK | 9.7 MNOK |
| Total liabilities | 7.1 MNOK | 15.2 MNOK | 13.9 MNOK |
| Current liabilities | 7.0 MNOK | 15.1 MNOK | 13.9 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 7113345.
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