Brødr Aarseth AS
Score · fiscal year 2025
33of 100
How to read this: the company is ahead of 14 % of companies in the Morning class Medium in the same sector in 2025. What does this mean?
Rank in the Morning class Medium: 420 of 491 · What are Morning company classes?
Place in the whole sector: 1,852 of 2,232 · Sjømat
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 34 and solidity 5 out of 100 among companies in the Morning class Medium in the same sector in 2025. Methodology
Against the sector
Brødr Aarseth AS is 16 points below the median for companies in the Morning class Medium in the same sector in 2025.
Median score 49 among 491 companies.
Against companies in the Morning class Medium in the same sector in 2025: operating margin 3.5% (median 13.4%) and equity ratio 5.4% (median 33.1%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 296 MNOK | 119 MNOK |
| Operating margin | 3.5% | 13.4% |
| Profit margin | 3.3% | 8.2% |
| Return on assets | 7.6% | 9.2% |
| Equity ratio | 5.4% | 33.1% |
| Debt-to-equity | 17.69 | 1.99 |
| Current ratio | 1.05 | 1.68 |
| Revenue growth | 14.0% | 10.6% |
| Revenue per employee | 9.87 MNOK | 5.21 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 33, Brødr Aarseth AS does better than 14% of companies in the Morning class Medium in the same sector (491 companies) in 2025.
Score 2023–2025
- Brødr Aarseth AS
- Median: companies in the Morning class Medium in the same sector
Brødr Aarseth AS has a score of 33 for 2025, rank 1,852 of 2,232 in the sector.
Strongest: Consistency: percentile 60 against peers.
Weakest: Solidity: percentile 5 against peers, equity ratio 5.4% against a median of 33.1%. Liquidity: percentile 25 against peers, current ratio 1.05 against a median of 1.68.
Worth a closer look
- The equity ratio is very low. Could the company absorb a bad year, and does it need more equity? Based on: equity ratio 5.4% (median 33.1%).
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin 3.5% (median 13.4%).
- What lies behind weak solidity, and will it last?
- What lies behind weak liquidity, 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
Brødr Aarseth AS had an operating margin of 3.5% and an equity ratio of 5.4% in 2025, and ranks 1,852 of 2,232 in Sjømat.
From 2024 to 2025: the operating margin rose from 0.0% to 3.5% and revenue grew by 14%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 8 MNOK and 82 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 76 MNOK |
| EV/EBIT | 8.0 | 82 MNOK |
| P/B | 1.0 | 8 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 equity ratio is very low. Could the company absorb a bad year, and does it need more equity?
Based on: Equity ratio 5.4% (median 33.1%).
- 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 3.5% (median 13.4%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.9% 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 | 34 | weight 30% |
|---|---|---|
| Solidity | 5 | weight 25% |
| Liquidity | 25 | weight 15% |
| Growth | 55 | weight 15% |
| Consistency | 60 | weight 15% |
Durability: 24 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Brødr Aarseth AS?
The operating margin was 3.5% in 2025, against a median of 13.4% among companies in the Morning class Medium in the same sector. Return on assets was 7.6%.
How solid is Brødr Aarseth AS?
The equity ratio was 5.4% in 2025 (median 33.1%). Debt-to-equity was 17.69 (median 1.99).
What is the liquidity of Brødr Aarseth AS like?
The current ratio was 1.05 in 2025 (median 1.68).
How does Brødr Aarseth AS compare in Sjømat?
Brødr Aarseth AS ranks 1,852 of 2,232 in Sjømat for 2025. Among companies in the Morning class Medium it is number 420 of 491. Revenue changed by 14.0% from the year before.
From the Central Coordinating Register
- Org. no.
- 999212743
- Legal form
- AS
- Sector
- Sjømat (10.203)
- Morning company class
- Medium
- Employees
- 30 registered 10 September 2026
- Founded
- 21 November 2012 13 years in operation
- Share capital
- 0.05 MNOK
- Business address
- Lyngholmvegen 96, 6057 ELLINGSØY (ÅLESUND)
- Municipality
- Ålesund rank 2–6 of 10 in KOSTRA group 11
- Latest accounts filed
- 2025
- LEI
- 549300AR8Q8DSBN20609 renews 16 March 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
- Ole Johan Sunde
- Chair of the board
- Fernando Manuel Cachide Roldao
- Board member
- Bjørn Kåre Eikrem
- Auditor
- Moa Revisjon AS
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
- Parent company
- Parent does not consolidate the company
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 | 13 | 26 | 33 | |
| Rank | 1,964 | 1,782 | 1,852 | |
| Operating margin | 0.1% | 0.0% | 3.5% | |
| Return on assets | 5.4% | 2.3% | 7.6% | |
| Equity ratio | −0.2% | 0.1% | 5.4% | |
| Current ratio | 0.94 | 0.98 | 1.05 | |
| Revenue growth | – | 15.1% | 14.0% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 225.7 MNOK | 259.7 MNOK | 296.1 MNOK |
| Operating profit | 0.3 MNOK | 0.0 MNOK | 10.2 MNOK |
| Profit before tax | 0.2 MNOK | 0.3 MNOK | 9.7 MNOK |
| Net profit | 0.2 MNOK | 0.2 MNOK | 7.6 MNOK |
| Financial expenses | 1.8 MNOK | 1.8 MNOK | 1.2 MNOK |
| Total assets | 38.2 MNOK | 88.2 MNOK | 144.2 MNOK |
| Current assets | 36.1 MNOK | 86.0 MNOK | 142.6 MNOK |
| Equity | −0.1 MNOK | 0.1 MNOK | 7.7 MNOK |
| Retained earnings | −3.4 MNOK | −3.2 MNOK | 4.4 MNOK |
| Total liabilities | 38.3 MNOK | 88.1 MNOK | 136.5 MNOK |
| Current liabilities | 38.3 MNOK | 88.1 MNOK | 136.4 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 6591553.
Further
Similar companies
- Sordal Sea Service AS index 33, rank 1,840 · compare
- Skår Senior AS index 33, rank 1,845 · compare
- Gunnar Klo AS index 33, rank 1,846 · compare
- K Halstensen AS index 32, rank 1,861 · compare
- Aqs AS index 32, rank 1,869 · compare