Barents AS
Score · fiscal year 2025
51of 100
How to read this: the company is ahead of 54 % of companies in the Morning class Medium in the same sector in 2025. What does this mean?
Rank in the Morning class Medium: 192 of 417 · What are Morning company classes?
Place in the whole sector: 484 of 1,006 · Sjøfart
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 30 and solidity 56 out of 100 among companies in the Morning class Medium in the same sector in 2025. Methodology
Against the sector
Barents AS is 2 points above the median for companies in the Morning class Medium in the same sector in 2025.
Median score 49 among 417 companies.
Against companies in the Morning class Medium in the same sector in 2025: operating margin 7.1% (median 22.4%) and equity ratio 47.4% (median 42.6%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 88 MNOK | 125 MNOK |
| Operating margin | 7.1% | 22.4% |
| Profit margin | 3.7% | 13.3% |
| Return on assets | 6.2% | 9.5% |
| Equity ratio | 47.4% | 42.6% |
| Debt-to-equity | 1.11 | 1.31 |
| Current ratio | 2.11 | 1.51 |
| Revenue growth | 4.7% | 1.7% |
| Revenue per employee | 1.61 MNOK | 2.52 MNOK |
The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 51, Barents AS does better than 54% of companies in the Morning class Medium in the same sector (417 companies) in 2025.
Score 2023–2025
- Barents AS
- Median: companies in the Morning class Medium in the same sector
Barents AS has a score of 51 for 2025, rank 484 of 1,006 in the sector.
Strongest: Consistency: percentile 64 against peers. Liquidity: percentile 63 against peers, current ratio 2.11 against a median of 1.51.
Weakest: Profitability: percentile 30 against peers, operating margin 7.1% against a median of 22.4%.
Worth a closer look
- What lies behind weak profitability, 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
Barents AS had an operating margin of 7.1% and an equity ratio of 47.4% in 2025, and ranks 484 of 1,006 in Sjøfart.
No large changes in the key figures from 2024 to 2025.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 23 MNOK and 66 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 23 MNOK |
| EV/EBIT | 8.0 | 66 MNOK |
| P/B | 1.0 | 48 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 5.7% 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 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 | 30 | weight 30% |
|---|---|---|
| Solidity | 56 | weight 25% |
| Liquidity | 63 | weight 15% |
| Growth | 58 | weight 15% |
| Consistency | 64 | weight 15% |
Durability: 55 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Barents AS?
The operating margin was 7.1% in 2025, against a median of 22.4% among companies in the Morning class Medium in the same sector. Return on assets was 6.2%.
How solid is Barents AS?
The equity ratio was 47.4% in 2025 (median 42.6%). Debt-to-equity was 1.11 (median 1.31).
What is the liquidity of Barents AS like?
The current ratio was 2.11 in 2025 (median 1.51).
How does Barents AS compare in Sjøfart?
Barents AS ranks 484 of 1,006 in Sjøfart for 2025. Among companies in the Morning class Medium it is number 192 of 417. Revenue changed by 4.7% from the year before.
Group accounts · 2023
59 of 100
Rank 15 of 40 groups in the Morning class Medium in Sjøfart. Groups are ranked only against other groups in the same sector and class, never against single companies.
- Operating revenue, group
- 79 MNOK
- Operating profit, group
- 10 MNOK
- Profit before tax, group
- 9 MNOK
- Total assets, group
- 77 MNOK
- Equity, group
- 44 MNOK
| Key figure | The group | The company alone (2025) |
|---|---|---|
| Operating margin | 12.8% | – |
| Return on assets | 13.2% | – |
| Equity ratio | 56.3% | – |
| Current ratio | 3.17 | – |
| Revenue growth | – | – |
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 2023 (open data, NLOD 2.0).
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 998095921
- Legal form
- AS
- Sector
- Sjøfart (50.202)
- Morning company class
- Medium
- Employees
- 55 registered 10 October 2026
- Founded
- 21 February 2012 14 years in operation
- Share capital
- 0.53 MNOK
- Business address
- Tore Hunds gate 7B, 9404 HARSTAD
- Municipality
- Harstad rank 8–22 of 27 in KOSTRA group 9
- Latest accounts filed
- 2025
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
- Marit Mauseth Kristiansen
- Chair of the board
- Sylvi Anita Barman-Jenssen
- Deputy member
- Erlend Kristiansen
- Auditor
- ES Revisjon AS
- Accountant
- Estimer AS
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 | 47 | 51 | |
| Rank | 189 | 520 | 484 | |
| Operating margin | 12.6% | 8.6% | 7.1% | |
| Return on assets | 12.8% | 6.8% | 6.2% | |
| Equity ratio | 54.2% | 42.5% | 47.4% | |
| Current ratio | 2.90 | 2.76 | 2.11 | |
| Revenue growth | – | 6.4% | 4.7% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 79.2 MNOK | 84.4 MNOK | 88.4 MNOK |
| Operating profit | 10.0 MNOK | 7.3 MNOK | 6.3 MNOK |
| Profit before tax | 8.9 MNOK | 4.6 MNOK | 3.3 MNOK |
| Net profit | 8.7 MNOK | 3.8 MNOK | 2.3 MNOK |
| Financial expenses | 1.2 MNOK | 2.8 MNOK | 3.0 MNOK |
| Total assets | 78.8 MNOK | 109.3 MNOK | 101.5 MNOK |
| Current assets | 55.0 MNOK | 50.2 MNOK | 30.7 MNOK |
| Equity | 42.7 MNOK | 46.4 MNOK | 48.1 MNOK |
| Retained earnings | 42.1 MNOK | 45.9 MNOK | 47.6 MNOK |
| Total liabilities | 36.1 MNOK | 62.9 MNOK | 53.4 MNOK |
| Current liabilities | 18.9 MNOK | 18.2 MNOK | 14.5 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 7144811.
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