SEIR AS
Score · fiscal year 2023
46of 100
How to read this: the company is ahead of 44 % of companies in the Morning class Medium in the same sector in 2023. What does this mean?
Rank in the Morning class Medium: 244 of 435 · What are Morning company classes?
Place in the whole sector: 1,166 of 2,066 · Sjømat
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 28 and solidity 32 out of 100 among companies in the Morning class Medium in the same sector in 2023. Methodology
Against the sector
SEIR AS is 4 points below the median for companies in the Morning class Medium in the same sector in 2023.
Median score 50 among 435 companies.
Against companies in the Morning class Medium in the same sector in 2023: operating margin 6.5% (median 13.1%) and equity ratio 25.3% (median 33.2%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 91 MNOK | 111 MNOK |
| Operating margin | 6.5% | 13.1% |
| Profit margin | −1.6% | 9.5% |
| Return on assets | 2.9% | 9.5% |
| Equity ratio | 25.3% | 33.2% |
| Debt-to-equity | 2.96 | 1.95 |
| Current ratio | 3.99 | 1.57 |
| Revenue growth | – | −4.5% |
The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 46, SEIR AS does better than 44% of companies in the Morning class Medium in the same sector (435 companies) in 2023.
Score 2023–2025
- SEIR AS
- Median: companies in the Morning class Medium in the same sector
What the numbers say
SEIR AS had an operating margin of 6.5% and an equity ratio of 25.3% in 2023, and ranks 1,166 of 2,066 in Sjømat.
This text is generated automatically from the 2023 accounts.
Three simple methods
One method gives a figure: 69 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | debt above value |
| P/B | 1.0 | 69 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 −1.6% (median 9.5%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 4.6% of the debt in 2023. The policy rate averaged 3.54 % 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 | 28 | weight 30% |
|---|---|---|
| Solidity | 32 | weight 25% |
| Liquidity | 88 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 61 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is SEIR AS?
The operating margin was 6.5% in 2023, against a median of 13.1% among companies in the Morning class Medium in the same sector. Return on assets was 2.9%. The company made a loss before tax.
How solid is SEIR AS?
The equity ratio was 25.3% in 2023 (median 33.2%). Debt-to-equity was 2.96 (median 1.95).
What is the liquidity of SEIR AS like?
The current ratio was 3.99 in 2023 (median 1.57).
How does SEIR AS compare in Sjømat?
SEIR AS ranks 1,166 of 2,066 in Sjømat for 2023. Among companies in the Morning class Medium it is number 244 of 435.
From the Central Coordinating Register
- Org. no.
- 990637199
- Legal form
- AS
- Sector
- Sjømat (03.110)
- Morning company class
- Medium
- Employees
- 0–4 (not registered)
- Founded
- 16 November 2006 19 years in operation
- Share capital
- 0.14 MNOK
- Business address
- Grytastrandvegen 301, 6265 VATNE (HARAM)
- Municipality
- Haram rank 11–25 of 40 in KOSTRA group 1
- Latest accounts filed
- 2025
- LEI
- 1595LB98GOJBMYU5S991 renews 7 November 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
- Fred Ove Urkedal
- Chair of the board
- Fred Ove Urkedal
- Board member
- Bjørn Urkedal
- Board member
- Synnøve Havnsund Urkedal
- Auditor
- ULSTEIN REVISJON AS
- Accountant
- ENORA AS
Source: Central Coordinating Register, fetched 31 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 | 46 | 43 | 50 | |
| Rank | 1,166 | 1,261 | 1,103 | |
| Operating margin | 6.5% | 8.0% | 15.9% | |
| Return on assets | 2.9% | 4.2% | 7.9% | |
| Equity ratio | 25.3% | 25.9% | 29.4% | |
| Current ratio | 3.99 | 2.99 | 2.14 | |
| Revenue growth | – | 3.5% | 9.3% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 90.8 MNOK | 94.0 MNOK | 102.8 MNOK |
| Operating profit | 5.9 MNOK | 7.5 MNOK | 16.3 MNOK |
| Profit before tax | −1.4 MNOK | 1.0 MNOK | 12.4 MNOK |
| Net profit | −1.2 MNOK | 0.8 MNOK | 10.0 MNOK |
| Financial expenses | 9.4 MNOK | 10.2 MNOK | 9.1 MNOK |
| Total assets | 273.5 MNOK | 269.8 MNOK | 271.3 MNOK |
| Current assets | 90.7 MNOK | 84.8 MNOK | 87.3 MNOK |
| Equity | 69.1 MNOK | 69.8 MNOK | 79.9 MNOK |
| Retained earnings | 68.9 MNOK | 69.7 MNOK | 79.7 MNOK |
| Total liabilities | 204.5 MNOK | 200.0 MNOK | 191.4 MNOK |
| Current liabilities | 22.7 MNOK | 28.4 MNOK | 40.7 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 5236855.
Further
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