BALLSTADVÆRING AS
Score · fiscal year 2024
55of 100
How to read this: the company is ahead of 59 % of small companies in the same sector in 2024. What does this mean?
Rank: 1,627 of 3,976 · Sjømat
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 77 and solidity 29 out of 100 among small companies in the same sector in 2024. Methodology
Against the sector
BALLSTADVÆRING AS is 5 points above the median for small companies in the same sector in 2024.
Median score 50 among 3,476 companies.
Against small companies in the same sector in 2024: operating margin 27.7% (median 3.7%) and equity ratio 19.0% (median 35.6%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 25 MNOK | 1 MNOK |
| Operating margin | 27.7% | 3.7% |
| Profit margin | 9.3% | 0.8% |
| Return on assets | 7.1% | 1.2% |
| Equity ratio | 19.0% | 35.6% |
| Debt-to-equity | 4.27 | 0.96 |
| Current ratio | 2.54 | 1.52 |
| Revenue growth | −23.1% | −5.9% |
The median and “ahead of” refer to small companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 55, BALLSTADVÆRING AS does better than 59% of small companies in the same sector (3,481 companies) in 2024.
Score 2023–2025
- BALLSTADVÆRING AS
- Median: small companies in the same sector
What the numbers say
BALLSTADVÆRING AS had an operating margin of 27.7% and an equity ratio of 19.0% in 2024, and ranks 1,627 of 3,976 in Sjømat.
From 2023 to 2024: the operating margin fell from 34.6% to 27.7% and revenue fell by 23%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 18 MNOK and 22 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 18 MNOK |
| EV/EBIT | 8.0 | debt above value |
| P/B | 1.0 | 22 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
No rules were triggered for this year.
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 6.3% 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.
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 −5.0%. 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 | 77 | weight 30% |
|---|---|---|
| Solidity | 29 | weight 25% |
| Liquidity | 64 | weight 15% |
| Growth | 31 | weight 15% |
| Consistency | 67 | weight 15% |
Durability: 56 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is BALLSTADVÆRING AS?
The operating margin was 27.7% in 2024, against a median of 3.7% among small companies in the same sector. Return on assets was 7.1%.
How solid is BALLSTADVÆRING AS?
The equity ratio was 19.0% in 2024 (median 35.6%). Debt-to-equity was 4.27 (median 0.96).
What is the liquidity of BALLSTADVÆRING AS like?
The current ratio was 2.54 in 2024 (median 1.52).
How does BALLSTADVÆRING AS compare in Sjømat?
BALLSTADVÆRING AS ranks 1,627 of 3,976 in Sjømat for 2024. Among companies of the same size (small companies) it ranks 1,424 of 3,481. Revenue changed by −23.1% from the year before.
From the Central Coordinating Register
- Org. no.
- 990034168
- Legal form
- AS
- Sector
- Sjømat (03.110)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 30 May 2006 20 years in operation
- Share capital
- 0.10 MNOK
- Business address
- Linesettet 21, 8373 BALLSTAD (VESTVÅGØY)
- Municipality
- Vestvågøy rank 4–11 of 13 in KOSTRA group 8
- Latest accounts filed
- 2025
- LEI
- 984500E3T6FXD1E1F960 renews 6 October 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
- Tor Inge Nilsen
- Chair of the board
- Tor Inge Nilsen
- Auditor
- NORDNORSK REVISJON AS
- Accountant
- SPAREBANK 1 REGNSKAPSHUSET NORD-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 | 57 | 55 | 60 | |
| Rank | 1,388 | 1,627 | 1,136 | |
| Operating margin | 34.6% | 27.7% | 33.1% | |
| Return on assets | 10.0% | 7.1% | 9.4% | |
| Equity ratio | 18.0% | 19.0% | 22.9% | |
| Current ratio | 2.57 | 2.54 | 3.18 | |
| Revenue growth | – | −23.1% | 13.3% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 32.5 MNOK | 25.0 MNOK | 28.3 MNOK |
| Operating profit | 11.3 MNOK | 6.9 MNOK | 9.4 MNOK |
| Profit before tax | 6.5 MNOK | 2.3 MNOK | 5.5 MNOK |
| Net profit | 5.0 MNOK | 1.8 MNOK | 4.2 MNOK |
| Financial expenses | 5.6 MNOK | 5.8 MNOK | 5.1 MNOK |
| Total assets | 120.8 MNOK | 114.3 MNOK | 111.5 MNOK |
| Current assets | 16.0 MNOK | 14.8 MNOK | 16.9 MNOK |
| Equity | 21.7 MNOK | 21.7 MNOK | 25.5 MNOK |
| Retained earnings | 21.6 MNOK | 21.6 MNOK | 25.4 MNOK |
| Total liabilities | 99.1 MNOK | 92.6 MNOK | 86.0 MNOK |
| Current liabilities | 6.2 MNOK | 5.8 MNOK | 5.3 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 5649823.
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