BIOFISH AS

Org. no. 816984122 · KVAM · Founded 2016 · 22 employees

Score · fiscal year 2025

45of 100

How to read this: the company is ahead of 39 % of medium-sized companies in the same sector in 2025. What does this mean?

Rank: 1,519 of 2,534 · Sjømat

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 3 and solidity 80 out of 100 among medium-sized companies in the same sector in 2025. Methodology

Against the sector

BIOFISH AS is 4 points below the median for medium-sized companies in the same sector in 2025.

Median score 49 among 220 companies.

Against medium-sized companies in the same sector in 2025: operating margin −34.7% (median 12.3%) and equity ratio 78.2% (median 42.1%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue100 MNOK194 MNOK
Operating margin −34.7% 12.3% 3 %
Profit margin −42.4% 8.0% shown, not part of the index
Return on assets −10.5% 7.2% 3 %
Equity ratio 78.2% 42.1% 80 %
Debt-to-equity 0.28 1.36 80 %
Current ratio 0.77 1.71 18 %
Revenue growth 105.5% 10.5% 90 %
Revenue per employee4.57 MNOK8.19 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 45, BIOFISH AS does better than 39% of medium-sized companies in the same sector (220 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • BIOFISH AS
  • Median: medium-sized companies in the same sector
Analysis · 2025

What the numbers say

BIOFISH AS had an operating margin of −34.7% and an equity ratio of 78.2% in 2025, and ranks 1,519 of 2,534 in Sjømat.

From 2024 to 2025: the equity ratio rose from 4.7% to 78.2% and revenue grew by 105%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

One method gives a figure: 260 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −27.2 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −34.8 MNOK 8.0 not meaningful
P/B Equity: 259.6 MNOK 1.0 260 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

Indications · 2025

Worth a closer look

  • watch

    Consider strengthening liquidity: current liabilities are 1.3 times current assets.

    Based on: Current ratio 0.77 (median 1.71).

  • watch

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin −42.4% (median 8.0%).

  • 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 −34.7% (median 12.3%).

  • 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 105.5% (median 10.5%); Current ratio 0.77 (median 1.71).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Data quality

No anomalies found in the figures.

Stress test · 2022

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

Components · 2025

What the score is made of

Profitability3 weight 30%
Solidity80 weight 25%
Liquidity18 weight 15%
Growth90 weight 15%
Consistency54 weight 15%

Durability: 39 (average over 3 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is BIOFISH AS?

The operating margin was −34.7% in 2025, against a median of 12.3% among medium-sized companies in the same sector. Return on assets was −10.5%. The company made a loss before tax.

How solid is BIOFISH AS?

The equity ratio was 78.2% in 2025 (median 42.1%). Debt-to-equity was 0.28 (median 1.36).

What is the liquidity of BIOFISH AS like?

The current ratio was 0.77 in 2025 (median 1.71). Current assets did not cover current liabilities.

How does BIOFISH AS compare in Sjømat?

BIOFISH AS ranks 1,519 of 2,534 in Sjømat for 2025. Among companies of the same size (medium-sized companies) it ranks 135 of 220. Revenue changed by 105.5% from the year before.

From the Central Coordinating Register

Org. no.
816984122
Legal form
AS
Sector
Sjømat (03.212)
Size tier
medium
Employees
22 registered 10 September 2026
Founded
17 March 2016 10 years in operation
Share capital
0.03 MNOK
Business address
Tangavegen 19, 5620 TØRVIKBYGD (KVAM)
Municipality
Kvam rank 20 of 33 in KOSTRA group 5
Latest accounts filed
2025
Website
www.biofish.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
Lena Hovda Aas
Chair of the board
Johannes Njåstad Møgster
Board member
Hilde Drønen
Board member
Rasmus Møgster Bjånesøy
Auditor
PRICEWATERHOUSECOOPERS AS
Accountant
AZETS INSIGHT 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.

Report an issue

Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index363545
Rank1,8011,8821,519
Operating margin−24.5%−30.3%−34.7%
Return on assets−3.9%−4.8%−10.5%
Equity ratio15.1%4.7%78.2%
Current ratio2.953.930.77
Revenue growth–2.5%105.5%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure202320242025
Operating revenue47.7 MNOK48.9 MNOK100.4 MNOK
Operating profit−11.7 MNOK−14.8 MNOK−34.8 MNOK
Profit before tax−13.4 MNOK−44.1 MNOK−42.6 MNOK
Net profit−11.9 MNOK−41.0 MNOK−27.2 MNOK
Financial expenses1.8 MNOK29.3 MNOK7.9 MNOK
Total assets296.5 MNOK306.9 MNOK331.9 MNOK
Current assets31.0 MNOK45.1 MNOK56.0 MNOK
Equity44.8 MNOK14.6 MNOK259.6 MNOK
Retained earnings–––
Total liabilities251.7 MNOK292.4 MNOK72.3 MNOK
Current liabilities10.5 MNOK11.5 MNOK72.3 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7036920.

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