ENTERGREEN AS

Org. no. 821270812 · VÅGAN · Founded 2018

Score · fiscal year 2025

11of 100

How to read this: the company is ahead of 6 % of companies in the Morning class Small in the same sector in 2025. What does this mean?

Rank in the Morning class Small: 3,431 of 3,639 · What are Morning company classes?
Place in the whole sector: 3,974 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 19 and solidity 0 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology

Against the sector

ENTERGREEN AS is 39 points below the median for companies in the Morning class Small in the same sector in 2025.

Median score 50 among 3,607 companies.

Against companies in the Morning class Small in the same sector in 2025: operating margin −28.6% (median 9.9%) and equity ratio −299.2% (median 36.4%).

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 revenue0 MNOK2 MNOK
Operating margin −28.6% 9.9% 20 %
Profit margin −28.9% 6.6% shown, not part of the index
Return on assets −11.4% 3.1% 17 %
Equity ratio −299.2% 36.4% 4 %
Debt-to-equity – 1.03 not compared
Current ratio 0.04 1.66 5 %
Revenue growth −18.2% 13.5% 20 %

The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 11, ENTERGREEN AS does better than 6% of companies in the Morning class Small in the same sector (3,639 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • ENTERGREEN AS
  • Median: companies in the Morning class Small in the same sector
Summary analysis

ENTERGREEN AS has a score of 11 for 2025, rank 3,974 of 4,158 in the sector.

Strongest: Growth: percentile 20 against peers, revenue growth −18.2% against a median of 13.5%.

Weakest: Solidity: percentile 0 against peers, equity ratio −299.2% against a median of 36.4%. Liquidity: percentile 5 against peers, current ratio 0.04 against a median of 1.66.

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

ENTERGREEN AS had an operating margin of −28.6% and an equity ratio of −299.2% in 2025, and ranks 3,974 of 4,158 in Sjømat.

From 2024 to 2025: the operating margin fell from 14.9% to −28.6% and went from a profit to a loss before tax.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

MethodInputMultipleEstimate
P/E Net profit: 0.0 MNOK 10.0 not meaningful
EV/EBIT Operating profit: 0.0 MNOK 8.0 not meaningful
P/B Equity: 0.0 MNOK 1.0 not meaningful

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

  • critical

    Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?

    Based on: Equity ratio −299.2% (median 36.4%).

  • critical

    Consider strengthening liquidity: current liabilities are 27.0 times current assets.

    Based on: Current ratio 0.04 (median 1.66).

  • watch

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

    Based on: Profit margin −28.9% (median 6.6%).

  • 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 −28.6% (median 9.9%).

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

Financial costs were 0.0% 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

  • critical Negative equity
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 −5.0%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability19 weight 30%
Solidity0 weight 25%
Liquidity5 weight 15%
Growth20 weight 15%
Consistency14 weight 15%

Durability: 19 (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 ENTERGREEN AS?

The operating margin was −28.6% in 2025, against a median of 9.9% among companies in the Morning class Small in the same sector. Return on assets was −11.4%. The company made a loss before tax.

How solid is ENTERGREEN AS?

The equity ratio was −299.2% in 2025 (median 36.4%). Equity is negative, so liabilities exceed assets.

What is the liquidity of ENTERGREEN AS like?

The current ratio was 0.04 in 2025 (median 1.66). Current assets did not cover current liabilities.

How does ENTERGREEN AS compare in Sjømat?

ENTERGREEN AS ranks 3,974 of 4,158 in Sjømat for 2025. Among companies in the Morning class Small it is number 3,431 of 3,639. Revenue changed by −18.2% from the year before.

From the Central Coordinating Register

Org. no.
821270812
Legal form
AS
Sector
Sjømat (03.300)
Morning company class
Small
Employees
0–4 (not registered)
Founded
8 August 2018 8 years in operation
Share capital
0.04 MNOK
Business address
c/o John-Arne Storhaug, Hubroveien 8, 8300 SVOLVÆR (VÅGAN)
Municipality
Vågan rank 6–16 of 18 in KOSTRA group 2
Audit
Audit opted out from 22 August 2018
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
Martin Storhaug
Chair of the board
Martin Storhaug
Board member
John-Arne Storhaug
Board member
Bertil Zahl

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.

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index24211
Rank3,7082,4983,974
Operating margin−4,685.3%14.9%−28.6%
Return on assets−796.7%6.5%−11.4%
Equity ratio−261.3%−257.9%−299.2%
Current ratio0.070.120.04
Revenue growth–175.0%−18.2%

Accounts

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

Key figure202320242025
Operating revenue0.0 MNOK0.0 MNOK0.0 MNOK
Operating profit−0.1 MNOK0.0 MNOK0.0 MNOK
Profit before tax−0.1 MNOK0.0 MNOK0.0 MNOK
Net profit−0.1 MNOK0.0 MNOK0.0 MNOK
Financial expenses––0.0 MNOK
Total assets0.0 MNOK0.0 MNOK0.0 MNOK
Current assets0.0 MNOK0.0 MNOK0.0 MNOK
Equity0.0 MNOK0.0 MNOK0.0 MNOK
Retained earnings−0.6 MNOK−0.6 MNOK−0.6 MNOK
Total liabilities0.1 MNOK0.1 MNOK0.1 MNOK
Current liabilities0.0 MNOK0.0 MNOK0.0 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7181117.

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