Sølvtrans Rederi AS
Score · fiscal year 2024
64of 100
How to read this: the company is ahead of 70 % of companies in the Morning class Large in the same sector in 2024. What does this mean?
Rank in the Morning class Large: 21 of 68 · What are Morning company classes?
Place in the whole sector: 200 of 948 · Sjøfart
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 73 and solidity 36 out of 100 among companies in the Morning class Large in the same sector in 2024. Methodology
Against the sector
Sølvtrans Rederi AS is 9 points above the median for companies in the Morning class Large in the same sector in 2024.
Median score 55 among 68 companies.
Against companies in the Morning class Large in the same sector in 2024: operating margin 56.2% (median 12.2%) and equity ratio 16.0% (median 31.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 2,134 MNOK | 1,174 MNOK |
| Operating margin | 56.2% | 12.2% |
| Profit margin | 39.3% | 9.3% |
| Return on assets | 11.7% | 10.5% |
| Equity ratio | 16.0% | 31.9% |
| Debt-to-equity | 5.25 | 1.96 |
| Current ratio | 2.16 | 1.17 |
| Revenue growth | 44.2% | 5.7% |
| Revenue per employee | 3.11 MNOK | 4.02 MNOK |
The median and “ahead of” refer to companies in the Morning class Large in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 64, Sølvtrans Rederi AS does better than 70% of companies in the Morning class Large in the same sector (68 companies) in 2024.
Score 2023–2025
- Sølvtrans Rederi AS
- Median: companies in the Morning class Large in the same sector
What the numbers say
Sølvtrans Rederi AS had an operating margin of 56.2% and an equity ratio of 16.0% in 2024, and ranks 200 of 948 in Sjøfart.
From 2023 to 2024: revenue grew by 44% and the operating margin rose from 52.0% to 56.2%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 1,988 MNOK and 8,361 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 8,361 MNOK |
| EV/EBIT | 8.0 | debt above value |
| P/B | 1.0 | 1,988 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 5.9% 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.
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 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 | 73 | weight 30% |
|---|---|---|
| Solidity | 36 | weight 25% |
| Liquidity | 78 | weight 15% |
| Growth | 88 | weight 15% |
| Consistency | 56 | weight 15% |
Durability: 62 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Sølvtrans Rederi AS?
The operating margin was 56.2% in 2024, against a median of 12.2% among companies in the Morning class Large in the same sector. Return on assets was 11.7%.
How solid is Sølvtrans Rederi AS?
The equity ratio was 16.0% in 2024 (median 31.9%). Debt-to-equity was 5.25 (median 1.96).
What is the liquidity of Sølvtrans Rederi AS like?
The current ratio was 2.16 in 2024 (median 1.17).
How does Sølvtrans Rederi AS compare in Sjøfart?
Sølvtrans Rederi AS ranks 200 of 948 in Sjøfart for 2024. Among companies in the Morning class Large it is number 21 of 68. Revenue changed by 44.2% from the year before.
From the Central Coordinating Register
- Org. no.
- 992797339
- Legal form
- AS
- Sector
- Sjøfart (50.202)
- Morning company class
- Large
- Employees
- 686 registered 10 October 2026
- Founded
- 16 June 2008 18 years in operation
- Share capital
- 55.11 MNOK
- Business address
- Skansekaia 4B, 6002 ÅLESUND
- Municipality
- Ålesund rank 2–6 of 10 in KOSTRA group 11
- Latest accounts filed
- 2025
- Website
- www.solvtrans.no
- LEI
- 549300CPGU35BMRGJN36 renews 24 September 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
Loading roles …
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
- Parent company
- Parent not reported
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 | 59 | 64 | 55 | |
| Rank | 294 | 200 | 387 | |
| Operating margin | 52.0% | 56.2% | 52.5% | |
| Return on assets | 9.0% | 11.7% | 9.7% | |
| Equity ratio | 15.8% | 16.0% | 17.8% | |
| Current ratio | 2.54 | 2.16 | 2.36 | |
| Revenue growth | – | 44.2% | −4.4% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 1,479.7 MNOK | 2,134.4 MNOK | 2,039.5 MNOK |
| Operating profit | 770.1 MNOK | 1,200.3 MNOK | 1,070.5 MNOK |
| Profit before tax | 411.3 MNOK | 838.7 MNOK | 532.5 MNOK |
| Net profit | 408.8 MNOK | 836.1 MNOK | 526.0 MNOK |
| Financial expenses | 584.5 MNOK | 616.8 MNOK | 776.7 MNOK |
| Total assets | 11,073.5 MNOK | 12,433.1 MNOK | 13,539.0 MNOK |
| Current assets | 734.5 MNOK | 715.2 MNOK | 1,150.1 MNOK |
| Equity | 1,752.4 MNOK | 1,988.3 MNOK | 2,407.6 MNOK |
| Retained earnings | 1,622.3 MNOK | 1,858.2 MNOK | 2,277.5 MNOK |
| Total liabilities | 9,321.1 MNOK | 10,444.8 MNOK | 11,131.4 MNOK |
| Current liabilities | 289.6 MNOK | 331.2 MNOK | 487.5 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 6256255.
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