BOREAL MARITIM AS
Score · fiscal year 2025
56of 100
How to read this: the company is ahead of 65 % of small companies in the same sector in 2025. What does this mean?
Rank: 717 of 2,035 · Sjøfart
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 69 and solidity 32 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
BOREAL MARITIM AS is 6 points above the median for small companies in the same sector in 2025.
Median score 50 among 1,468 companies.
Against small companies in the same sector in 2025: operating margin 8.1% (median 8.4%) and equity ratio 34.5% (median 51.2%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 34 MNOK | 5 MNOK |
| Operating margin | 8.1% | 8.4% |
| Profit margin | 7.9% | 9.2% |
| Return on assets | 30.3% | 3.4% |
| Equity ratio | 34.5% | 51.2% |
| Debt-to-equity | 1.90 | 0.67 |
| Current ratio | 1.17 | 1.77 |
| Revenue growth | 31.2% | 1.2% |
| Revenue per employee | 1.35 MNOK | 1.35 MNOK |
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 56, BOREAL MARITIM AS does better than 65% of small companies in the same sector (1,475 companies) in 2025.
Score 2023–2025
- BOREAL MARITIM AS
- Median: small companies in the same sector
BOREAL MARITIM AS has a score of 56 for 2025, rank 717 of 2,035 in the sector.
Strongest: Growth: percentile 78 against peers, revenue growth 31.2% against a median of 1.2%. Profitability: percentile 69 against peers, operating margin 8.1% against a median of 8.4%.
Weakest: Solidity: percentile 32 against peers, equity ratio 34.5% against a median of 51.2%. Liquidity: percentile 38 against peers, current ratio 1.17 against a median of 1.77.
Worth a closer look
- Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have? Based on: revenue growth 31.2% (median 1.2%); current ratio 1.17 (median 1.77).
- 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
BOREAL MARITIM AS had an operating margin of 8.1% and an equity ratio of 34.5% in 2025, and ranks 717 of 2,035 in Sjøfart.
From 2024 to 2025: revenue grew by 31% and the equity ratio rose from 19.9% to 34.5%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 3 MNOK and 24 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 21 MNOK |
| EV/EBIT | 8.0 | 24 MNOK |
| P/B | 1.0 | 3 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
Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?
Based on: Revenue growth 31.2% (median 1.2%); Current ratio 1.17 (median 1.77).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 2.3% 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 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 | 69 | weight 30% |
|---|---|---|
| Solidity | 32 | weight 25% |
| Liquidity | 38 | weight 15% |
| Growth | 78 | weight 15% |
| Consistency | 67 | weight 15% |
Durability: 49 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is BOREAL MARITIM AS?
The operating margin was 8.1% in 2025, against a median of 8.4% among small companies in the same sector. Return on assets was 30.3%.
How solid is BOREAL MARITIM AS?
The equity ratio was 34.5% in 2025 (median 51.2%). Debt-to-equity was 1.90 (median 0.67).
What is the liquidity of BOREAL MARITIM AS like?
The current ratio was 1.17 in 2025 (median 1.77).
How does BOREAL MARITIM AS compare in Sjøfart?
BOREAL MARITIM AS ranks 717 of 2,035 in Sjøfart for 2025. Among companies of the same size (small companies) it ranks 520 of 1,475. Revenue changed by 31.2% from the year before.
From the Central Coordinating Register
- Org. no.
- 989957031
- Legal form
- AS
- Sector
- Sjøfart (50.202)
- Size tier
- small
- Employees
- 25 registered 10 October 2026
- Founded
- 31 May 2006 20 years in operation
- Share capital
- 0.30 MNOK
- Business address
- Strandveien 90A, 9180 SKJERVØY
- Municipality
- Skjervøy rank 10–26 of 28 in KOSTRA group 6
- Latest accounts filed
- 2025
- Website
- www.borealmaritim.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
- Yngvar Hansen
- Chair of the board
- Rune Svenøy
- Board member
- Adrian Yngvar Hansen
- Board member
- Bjørn Nilsen
- Auditor
- TELL NORGE 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 | 48 | 43 | 56 | |
| Rank | 943 | 1,209 | 717 | |
| Operating margin | 45.6% | 5.0% | 8.1% | |
| Return on assets | 240.1% | 23.7% | 30.3% | |
| Equity ratio | 2.2% | 19.9% | 34.5% | |
| Current ratio | 1.01 | 1.07 | 1.17 | |
| Revenue growth | – | −53.7% | 31.2% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 55.5 MNOK | 25.7 MNOK | 33.8 MNOK |
| Operating profit | 25.3 MNOK | 1.3 MNOK | 2.7 MNOK |
| Profit before tax | 24.9 MNOK | 1.3 MNOK | 2.7 MNOK |
| Net profit | 22.1 MNOK | 1.0 MNOK | 2.1 MNOK |
| Financial expenses | 0.6 MNOK | 0.2 MNOK | 0.1 MNOK |
| Total assets | 10.6 MNOK | 6.1 MNOK | 9.2 MNOK |
| Current assets | 10.2 MNOK | 5.1 MNOK | 6.2 MNOK |
| Equity | 0.2 MNOK | 1.2 MNOK | 3.2 MNOK |
| Retained earnings | −0.1 MNOK | 0.9 MNOK | 2.9 MNOK |
| Total liabilities | 10.4 MNOK | 4.9 MNOK | 6.1 MNOK |
| Current liabilities | 10.1 MNOK | 4.8 MNOK | 5.3 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 7127311.
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