SEA1 OFFSHORE AS
Score · fiscal year 2025
58of 100
How to read this: the company is ahead of 71 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 194 of 583 · Olje og gass
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 47 and solidity 61 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
SEA1 OFFSHORE AS is 7 points above the median for medium-sized companies in the same sector in 2025.
Median score 51 among 155 companies.
Against medium-sized companies in the same sector in 2025: operating margin 0.5% (median 6.3%) and equity ratio 53.9% (median 43.3%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 183 MNOK | 241 MNOK |
| Operating margin | 0.5% | 6.3% |
| Profit margin | 0.4% | 6.0% |
| Return on assets | 15.9% | 9.1% |
| Equity ratio | 53.9% | 43.3% |
| Debt-to-equity | 0.85 | 1.17 |
| Current ratio | 1.57 | 1.31 |
| Revenue growth | 18.8% | 6.5% |
| Revenue per employee | 2.58 MNOK | 3.98 MNOK |
The median and “ahead of” refer to medium-sized companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 58, SEA1 OFFSHORE AS does better than 71% of medium-sized companies in the same sector (155 companies) in 2025.
Score 2023–2025
- SEA1 OFFSHORE AS
- Median: medium-sized companies in the same sector
SEA1 OFFSHORE AS has a score of 58 for 2025, rank 194 of 583 in the sector.
Strongest: Growth: percentile 68 against peers, revenue growth 18.8% against a median of 6.5%. Consistency: percentile 65 against peers.
No area is clearly below its peers.
Worth a closer look
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin 0.5% (median 6.3%).
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
SEA1 OFFSHORE AS had an operating margin of 0.5% and an equity ratio of 53.9% in 2025, and ranks 194 of 583 in Olje og gass.
From 2024 to 2025: the equity ratio rose from 29.3% to 53.9% and the operating margin rose from −8.8% to 0.5%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 8 MNOK and 94 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 8 MNOK |
| EV/EBIT | 8.0 | 12 MNOK |
| P/B | 1.0 | 94 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 operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin 0.5% (median 6.3%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
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 1.5%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 47 | weight 30% |
|---|---|---|
| Solidity | 61 | weight 25% |
| Liquidity | 60 | weight 15% |
| Growth | 68 | weight 15% |
| Consistency | 65 | weight 15% |
Durability: 50 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is SEA1 OFFSHORE AS?
The operating margin was 0.5% in 2025, against a median of 6.3% among medium-sized companies in the same sector. Return on assets was 15.9%.
How solid is SEA1 OFFSHORE AS?
The equity ratio was 53.9% in 2025 (median 43.3%). Debt-to-equity was 0.85 (median 1.17).
What is the liquidity of SEA1 OFFSHORE AS like?
The current ratio was 1.57 in 2025 (median 1.31).
How does SEA1 OFFSHORE AS compare in Olje og gass?
SEA1 OFFSHORE AS ranks 194 of 583 in Olje og gass for 2025. Among companies of the same size (medium-sized companies) it ranks 46 of 155. Revenue changed by 18.8% from the year before.
From the Central Coordinating Register
- Org. no.
- 990673586
- Legal form
- AS
- Sector
- Olje og gass (09.109)
- Size tier
- medium
- Employees
- 71 registered 10 October 2026
- Founded
- 29 September 2006 20 years in operation
- Share capital
- 0.21 MNOK
- Business address
- Kjøita 18, 4630 KRISTIANSAND S
- Municipality
- Kristiansand rank 2–6 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
- Website
- www.sea1offshore.com
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
- Tore Lillestø
- Chair of the board
- Bernt Magne Omdal
- Board member
- Tor Asbjørn Grændsen
- Auditor
- ERNST & YOUNG AS
Source: Central Coordinating Register, fetched 25 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 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 49 | 44 | 58 | |
| Rank | 287 | 356 | 194 | |
| Operating margin | −7.1% | −8.8% | 0.5% | |
| Return on assets | 5.7% | 16.7% | 15.9% | |
| Equity ratio | 43.1% | 29.3% | 53.9% | |
| Current ratio | 1.67 | 1.25 | 1.57 | |
| Revenue growth | – | 16.6% | 18.8% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 132.1 MNOK | 154.0 MNOK | 183.0 MNOK |
| Operating profit | −9.4 MNOK | −13.6 MNOK | 0.9 MNOK |
| Profit before tax | 5.1 MNOK | 34.9 MNOK | 0.8 MNOK |
| Net profit | 3.9 MNOK | 27.2 MNOK | 0.8 MNOK |
| Financial expenses | 6.4 MNOK | 21.5 MNOK | 26.9 MNOK |
| Total assets | 201.7 MNOK | 337.7 MNOK | 173.9 MNOK |
| Current assets | 168.6 MNOK | 297.9 MNOK | 125.5 MNOK |
| Equity | 86.9 MNOK | 99.0 MNOK | 93.7 MNOK |
| Retained earnings | 44.0 MNOK | 56.2 MNOK | 50.9 MNOK |
| Total liabilities | 114.8 MNOK | 238.6 MNOK | 80.1 MNOK |
| Current liabilities | 101.1 MNOK | 238.5 MNOK | 80.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7215428.
Further
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