HOFSETH INTERNATIONAL AS
Score · fiscal year 2025
19of 100
How to read this: the company is ahead of 4 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 3,790 of 4,158 · Sjømat
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 3 and solidity 14 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
HOFSETH INTERNATIONAL AS is 30 points below the median for medium-sized companies in the same sector in 2025.
Median score 49 among 461 companies.
Against medium-sized companies in the same sector in 2025: operating margin −10.2% (median 10.6%) and equity ratio 18.7% (median 41.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 118 MNOK | 192 MNOK |
| Operating margin | −10.2% | 10.6% |
| Profit margin | −300,519.4% | 7.5% |
| Return on assets | −5,757.2% | 7.7% |
| Equity ratio | 18.7% | 41.4% |
| Debt-to-equity | 4.35 | 1.37 |
| Current ratio | 1.22 | 1.70 |
| Revenue growth | 4.1% | 8.6% |
| Revenue per employee | 2.32 MNOK | 7.70 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 19, HOFSETH INTERNATIONAL AS does better than 4% of medium-sized companies in the same sector (461 companies) in 2025.
Score 2023–2025
- HOFSETH INTERNATIONAL AS
- Median: medium-sized companies in the same sector
HOFSETH INTERNATIONAL AS has a score of 19 for 2025, rank 3,790 of 4,158 in the sector.
Strongest: Growth: percentile 41 against peers, revenue growth 4.1% against a median of 8.6%.
Weakest: Profitability: percentile 3 against peers, operating margin −10.2% against a median of 10.6%. Solidity: percentile 14 against peers, equity ratio 18.7% against a median of 41.4%.
Worth a closer look
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −300,519.4% (median 7.5%).
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin −10.2% (median 10.6%).
- What lies behind weak profitability, and will it last?
- What lies behind weak solidity, 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
HOFSETH INTERNATIONAL AS had an operating margin of −10.2% and an equity ratio of 18.7% in 2025, and ranks 3,790 of 4,158 in Sjømat.
From 2024 to 2025: the equity ratio fell from 38.7% to 18.7% and the operating margin fell from −3.2% to −10.2%.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 1,154 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 1,154 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 −300,519.4% (median 7.5%).
- 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 −10.2% (median 10.6%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 11.0% 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.
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 | 3 | weight 30% |
|---|---|---|
| Solidity | 14 | weight 25% |
| Liquidity | 34 | weight 15% |
| Growth | 41 | weight 15% |
| Consistency | 20 | weight 15% |
Durability: 25 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is HOFSETH INTERNATIONAL AS?
The operating margin was −10.2% in 2025, against a median of 10.6% among medium-sized companies in the same sector. Return on assets was −5,757.2%. The company made a loss before tax.
How solid is HOFSETH INTERNATIONAL AS?
The equity ratio was 18.7% in 2025 (median 41.4%). Debt-to-equity was 4.35 (median 1.37).
What is the liquidity of HOFSETH INTERNATIONAL AS like?
The current ratio was 1.22 in 2025 (median 1.70).
How does HOFSETH INTERNATIONAL AS compare in Sjømat?
HOFSETH INTERNATIONAL AS ranks 3,790 of 4,158 in Sjømat for 2025. Among companies of the same size (medium-sized companies) it ranks 444 of 461. Revenue changed by 4.1% from the year before.
Group accounts · 2025
22 of 100
Rank 1126 of 1210 groups with group accounts. Groups are ranked only against each other, not against single companies.
| Key figure | The group | The company alone (2025) |
|---|---|---|
| Operating margin | 2.7% | −10.2% |
| Return on assets | 3.5% | −5,757.2% |
| Equity ratio | 19.9% | 18.7% |
| Current ratio | 1.14 | 1.22 |
| Revenue growth | −11.5% | 4.1% |
Group index in earlier years: 2023: 38 (1056 of 1541), 2024: 42 (803 of 1235).
Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.
Source: Brønnøysund Register Centre, group accounts 2025 (open data, NLOD 2.0).
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.
- 993163880
- Legal form
- AS · part of a group
- Sector
- Sjømat (10.203)
- Size tier
- medium
- Employees
- 51 registered 10 October 2026
- Founded
- 20 June 2008 18 years in operation
- Share capital
- 109.20 MNOK
- Business address
- Kipervikgata 13, 6003 ÅLESUND
- Municipality
- Ålesund rank 2–6 of 10 in KOSTRA group 11
- Latest accounts filed
- 2025
- LEI
- 5493001BCHQUL6XDMB02 renews 30 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
- Olav Holst-Dyrnes
- Chair of the board
- Roger Hofseth
- Board member
- Hiroshi Okada
- Auditor
- REVISORKONSULT AS
- Accountant
- VIEW GROUP AS
Source: Central Coordinating Register, fetched 29 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 | 29 | 28 | 19 | |
| Rank | 2,997 | 3,293 | 3,790 | |
| Operating margin | 1.0% | −3.2% | −10.2% | |
| Return on assets | 9.5% | 3.6% | −5,757.2% | |
| Equity ratio | 44.4% | 38.7% | 18.7% | |
| Current ratio | 0.35 | 0.18 | 1.22 | |
| Revenue growth | – | 12.1% | 4.1% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 101.6 MNOK | 113.9 MNOK | 118.5 MNOK |
| Operating profit | 1.0 MNOK | −3.7 MNOK | −12.1 MNOK |
| Profit before tax | 41.1 MNOK | −116.2 MNOK | −356,064.4 MNOK |
| Net profit | 38.3 MNOK | −102.5 MNOK | −283.0 MNOK |
| Financial expenses | 286.3 MNOK | 239.9 MNOK | 551.7 MNOK |
| Total assets | 3,439.4 MNOK | 3,474.2 MNOK | 6,175.1 MNOK |
| Current assets | 427.5 MNOK | 256.9 MNOK | 1,021.3 MNOK |
| Equity | 1,525.6 MNOK | 1,344.0 MNOK | 1,153.6 MNOK |
| Retained earnings | −319.1 MNOK | −421.8 MNOK | −704.7 MNOK |
| Total liabilities | 1,913.8 MNOK | 2,130.2 MNOK | 5,021.5 MNOK |
| Current liabilities | 1,231.6 MNOK | 1,409.3 MNOK | 835.4 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 6978250.
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