FOLLA ALGER AS
Score · fiscal year 2024
55of 100
How to read this: the company is ahead of 62 % of small companies in the same sector in 2024. What does this mean?
Rank: 1,050 of 2,747 · Sjømat
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 66 and solidity 27 out of 100 among small companies in the same sector in 2024. Methodology
Against the sector
FOLLA ALGER AS is 6 points above the median for small companies in the same sector in 2024.
Median score 49 among 2,475 companies.
Against small companies in the same sector in 2024: operating margin 9.8% (median 4.0%) and equity ratio 13.7% (median 28.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 65 MNOK | 1 MNOK |
| Operating margin | 9.8% | 4.0% |
| Profit margin | 8.8% | −0.6% |
| Return on assets | 8.0% | 0.7% |
| Equity ratio | 13.7% | 28.9% |
| Debt-to-equity | 6.33 | 1.25 |
| Current ratio | 0.97 | 1.29 |
| Revenue growth | 31.5% | −6.1% |
The median and “ahead of” refer to small companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 55, FOLLA ALGER AS does better than 62% of small companies in the same sector (2,480 companies) in 2024.
Score 2023–2025
- FOLLA ALGER AS
- Median: small companies in the same sector
What the numbers say
FOLLA ALGER AS had an operating margin of 9.8% and an equity ratio of 13.7% in 2024, and ranks 1,050 of 2,747 in Sjømat.
From 2023 to 2024: revenue grew by 31% and the equity ratio rose from 7.4% to 13.7%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 12 MNOK and 64 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 50 MNOK |
| EV/EBIT | 8.0 | 64 MNOK |
| P/B | 1.0 | 12 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
Consider strengthening liquidity: current liabilities are 1.0 times current assets.
Based on: Current ratio 0.97 (median 1.29).
- watch
Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?
Based on: Revenue growth 31.5% (median −6.1%); Current ratio 0.97 (median 1.29).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
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 −1.7%. 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 | 66 | weight 30% |
|---|---|---|
| Solidity | 27 | weight 25% |
| Liquidity | 42 | weight 15% |
| Growth | 76 | weight 15% |
| Consistency | 73 | weight 15% |
Durability: 48 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is FOLLA ALGER AS?
The operating margin was 9.8% in 2024, against a median of 4.0% among small companies in the same sector. Return on assets was 8.0%.
How solid is FOLLA ALGER AS?
The equity ratio was 13.7% in 2024 (median 28.9%). Debt-to-equity was 6.33 (median 1.25).
What is the liquidity of FOLLA ALGER AS like?
The current ratio was 0.97 in 2024 (median 1.29). Current assets did not cover current liabilities.
How does FOLLA ALGER AS compare in Sjømat?
FOLLA ALGER AS ranks 1,050 of 2,747 in Sjømat for 2024. Among companies of the same size (small companies) it ranks 941 of 2,480. Revenue changed by 31.5% from the year before.
From the Central Coordinating Register
- Org. no.
- 814439062
- Legal form
- AS
- Sector
- Sjømat (03.300)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 20 September 2014 12 years in operation
- Share capital
- 0.15 MNOK
- Business address
- V/Torben Marstrand, Nordfoldveien 202, 8286 NORDFOLD (STEIGEN)
- Municipality
- Steigen rank 12 of 28 in KOSTRA group 6
- Latest accounts filed
- 2025
- Website
- www.follaalger.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
- Chief executive
- Torben Marstrand
- Chair of the board
- Tarald Sivertsen
- Board member
- Torben Marstrand
- Board member
- Marit Sivertsen
- Auditor
- FAUSKE REVISJON AS
- Accountant
- ØKORÅD NORDSALTEN AS
Source: Central Coordinating Register, fetched 25 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 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 40 | 55 | 48 | |
| Rank | 1,675 | 1,050 | 1,419 | |
| Operating margin | 9.3% | 9.8% | 11.9% | |
| Return on assets | 5.1% | 8.0% | 10.2% | |
| Equity ratio | 7.4% | 13.7% | 11.5% | |
| Current ratio | 0.98 | 0.97 | 1.11 | |
| Revenue growth | – | 31.5% | 202.1% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 49.1 MNOK | 64.5 MNOK | 194.9 MNOK |
| Operating profit | 4.6 MNOK | 6.3 MNOK | 23.1 MNOK |
| Profit before tax | 3.8 MNOK | 5.7 MNOK | 18.3 MNOK |
| Net profit | 3.7 MNOK | 5.0 MNOK | 14.6 MNOK |
| Financial expenses | 1.1 MNOK | 1.5 MNOK | 5.4 MNOK |
| Total assets | 96.3 MNOK | 89.4 MNOK | 232.8 MNOK |
| Current assets | 83.4 MNOK | 70.0 MNOK | 225.5 MNOK |
| Equity | 7.2 MNOK | 12.2 MNOK | 26.8 MNOK |
| Retained earnings | 2.0 MNOK | 7.0 MNOK | 21.6 MNOK |
| Total liabilities | 89.1 MNOK | 77.2 MNOK | 206.0 MNOK |
| Current liabilities | 84.7 MNOK | 72.1 MNOK | 202.3 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5952495.
Further
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