Helgeland Smolt AS
Score · fiscal year 2025
65of 100
How to read this: the company is ahead of 83 % of companies in the Morning class Large in the same sector in 2025. What does this mean?
Rank in the Morning class Large: 20 of 111 · What are Morning company classes?
Place in the whole sector: 420 of 2,212 · Sjømat
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 79 and solidity 64 out of 100 among companies in the Morning class Large in the same sector in 2025. Methodology
Against the sector
Helgeland Smolt AS is 14 points above the median for companies in the Morning class Large in the same sector in 2025.
Median score 51 among 111 companies.
Against companies in the Morning class Large in the same sector in 2025: operating margin 37.3% (median 4.9%) and equity ratio 42.3% (median 39.0%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 685 MNOK | 1,059 MNOK |
| Operating margin | 37.3% | 4.9% |
| Profit margin | 34.5% | 3.6% |
| Return on assets | 9.0% | 7.1% |
| Equity ratio | 42.3% | 39.0% |
| Debt-to-equity | 1.36 | 1.56 |
| Current ratio | 4.03 | 1.56 |
| Revenue growth | 3.3% | 7.4% |
| Revenue per employee | 9.51 MNOK | 11.39 MNOK |
The median and “ahead of” refer to companies in the Morning class Large in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 65, Helgeland Smolt AS does better than 83% of companies in the Morning class Large in the same sector (111 companies) in 2025.
Score 2023–2025
- Helgeland Smolt AS
- Median: companies in the Morning class Large in the same sector
Helgeland Smolt AS has a score of 65 for 2025, rank 420 of 2,212 in the sector.
Strongest: Liquidity: percentile 89 against peers, current ratio 4.03 against a median of 1.56. Profitability: percentile 79 against peers, operating margin 37.3% against a median of 4.9%.
Weakest: Consistency: percentile 36 against peers.
Worth a closer look
- What lies behind weak consistency, 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
Helgeland Smolt AS had an operating margin of 37.3% and an equity ratio of 42.3% in 2025, and ranks 420 of 2,212 in Sjømat.
From 2024 to 2025: the operating margin rose from 31.8% to 37.3% and the equity ratio fell from 50.8% to 42.3%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 849 MNOK and 1,831 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 1,831 MNOK |
| EV/EBIT | 8.0 | 849 MNOK |
| P/B | 1.0 | 1,248 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 1.7% 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.
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 | 79 | weight 30% |
|---|---|---|
| Solidity | 64 | weight 25% |
| Liquidity | 89 | weight 15% |
| Growth | 42 | weight 15% |
| Consistency | 36 | weight 15% |
Durability: 67 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Helgeland Smolt AS?
The operating margin was 37.3% in 2025, against a median of 4.9% among companies in the Morning class Large in the same sector. Return on assets was 9.0%.
How solid is Helgeland Smolt AS?
The equity ratio was 42.3% in 2025 (median 39.0%). Debt-to-equity was 1.36 (median 1.56).
What is the liquidity of Helgeland Smolt AS like?
The current ratio was 4.03 in 2025 (median 1.56).
How does Helgeland Smolt AS compare in Sjømat?
Helgeland Smolt AS ranks 420 of 2,212 in Sjømat for 2025. Among companies in the Morning class Large it is number 20 of 111. Revenue changed by 3.3% from the year before.
Group accounts
The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.
Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 991692800
- Legal form
- AS · part of a group
- Sector
- Sjømat (03.222)
- Morning company class
- Large
- Employees
- 72 registered 10 September 2026
- Founded
- 3 July 2007 19 years in operation
- Share capital
- 161.31 MNOK
- Business address
- Sundsfjord, 8120 NYGÅRDSJØEN (GILDESKÅL)
- Municipality
- Gildeskål rank 15–34 of 36 in KOSTRA group 15
- Latest accounts filed
- 2025
- Website
- www.novasea.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
Loading roles …
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 | 67 | 70 | 65 | |
| Rank | 450 | 275 | 420 | |
| Operating margin | 19.5% | 31.8% | 37.3% | |
| Return on assets | 6.1% | 10.4% | 9.0% | |
| Equity ratio | 63.1% | 50.8% | 42.3% | |
| Current ratio | 9.10 | 2.47 | 4.03 | |
| Revenue growth | – | 47.8% | 3.3% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 448.3 MNOK | 662.6 MNOK | 684.7 MNOK |
| Operating profit | 87.4 MNOK | 210.7 MNOK | 255.7 MNOK |
| Profit before tax | 58.9 MNOK | 192.0 MNOK | 236.1 MNOK |
| Net profit | 45.9 MNOK | 149.7 MNOK | 183.1 MNOK |
| Financial expenses | 29.7 MNOK | 26.2 MNOK | 29.4 MNOK |
| Total assets | 1,449.3 MNOK | 2,098.0 MNOK | 2,949.2 MNOK |
| Current assets | 603.4 MNOK | 435.4 MNOK | 665.9 MNOK |
| Equity | 915.2 MNOK | 1,064.9 MNOK | 1,248.1 MNOK |
| Retained earnings | 196.8 MNOK | 346.5 MNOK | 529.7 MNOK |
| Total liabilities | 534.1 MNOK | 1,033.1 MNOK | 1,701.1 MNOK |
| Current liabilities | 66.3 MNOK | 176.6 MNOK | 165.2 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 6943006.
Further
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