OSLO BULK ALPHA AS

Org. no. 822147402 · OSLO · Founded 2019

Score · fiscal year 2025

54of 100

How to read this: the company is ahead of 62 % of small companies in the same sector in 2025. What does this mean?

Rank: 392 of 1,016 · Sjøfart

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 43 and solidity 66 out of 100 among small companies in the same sector in 2025. Methodology

Against the sector

OSLO BULK ALPHA AS is 4 points above the median for small companies in the same sector in 2025.

Median score 50 among 705 companies.

Against small companies in the same sector in 2025: operating margin 16.2% (median 11.0%) and equity ratio 61.1% (median 44.4%).

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 revenue35 MNOK21 MNOK
Operating margin 16.2% 11.0% 57 %
Profit margin −14.5% 9.1% shown, not part of the index
Return on assets 2.2% 7.6% 28 %
Equity ratio 61.1% 44.4% 68 %
Debt-to-equity 0.64 1.04 65 %
Current ratio 1.34 1.67 42 %
Revenue growth 93.9% 2.9% 90 %

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

With an index of 54, OSLO BULK ALPHA AS does better than 62% of small companies in the same sector (705 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • OSLO BULK ALPHA AS
  • Median: small companies in the same sector
Summary analysis

OSLO BULK ALPHA AS has a score of 54 for 2025, rank 392 of 1,016 in the sector.

Strongest: Growth: percentile 90 against peers, revenue growth 93.9% against a median of 2.9%. Solidity: percentile 66 against peers, equity ratio 61.1% against a median of 44.4%.

Weakest: Consistency: percentile 35 against peers.

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

OSLO BULK ALPHA AS had an operating margin of 16.2% and an equity ratio of 61.1% in 2025, and ranks 392 of 1,016 in Sjøfart.

From 2024 to 2025: the operating margin rose from −50.3% to 16.2% and revenue grew by 94%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

One method gives a figure: 16 MUSD.

MethodInputMultipleEstimate
P/E Net profit: −0.5 MUSD 10.0 not meaningful
EV/EBIT Operating profit: 0.5 MUSD
minus net debt 6.5 MUSD
8.0 debt above value
P/B Equity: 16.0 MUSD 1.0 16 MUSD

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

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

    Based on: Profit margin −14.5% (median 9.1%).

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

Financial costs were 10.3% 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

  • watch Reports in a currency other than NOK
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 5.1%. 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

Profitability43 weight 30%
Solidity66 weight 25%
Liquidity42 weight 15%
Growth90 weight 15%
Consistency35 weight 15%

Durability: 41 (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 OSLO BULK ALPHA AS?

The operating margin was 16.2% in 2025, against a median of 11.0% among small companies in the same sector. Return on assets was 2.2%. The company made a loss before tax.

How solid is OSLO BULK ALPHA AS?

The equity ratio was 61.1% in 2025 (median 44.4%). Debt-to-equity was 0.64 (median 1.04).

What is the liquidity of OSLO BULK ALPHA AS like?

The current ratio was 1.34 in 2025 (median 1.67).

How does OSLO BULK ALPHA AS compare in Sjøfart?

OSLO BULK ALPHA AS ranks 392 of 1,016 in Sjøfart for 2025. Among companies of the same size (small companies) it ranks 267 of 705. Revenue changed by 93.9% from the year before.

From the Central Coordinating Register

Org. no.
822147402
Legal form
AS
Sector
Sjøfart (50.201)
Size tier
small
Employees
0–4 (not registered)
Founded
10 January 2019 7 years in operation
Share capital
1.50 MNOK
Business address
Ruseløkkveien 6, 0251 OSLO
Municipality
Oslo rank 63–221 of 357 in Norway
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
Alf Johan Loven Andersen
Chair of the board
Dag Audun Rømmen
Board member
Alf Johan Loven Andersen
Auditor
CEDRA NORGE AS
Accountant
VIEW PROCURATOR 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.

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index442654
Rank540860392
Operating margin29.0%−50.3%16.2%
Return on assets3.1%−3.0%2.2%
Equity ratio45.6%49.9%61.1%
Current ratio0.730.291.34
Revenue growth–−21.7%93.9%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (USD). Revenue in NOK is converted from USD at the mean rate for the accounting period 1 January 2025–31 December 2025: 10.3912 (norges_bank). Balance-sheet amounts use the rate on the balance-sheet date. Ratios and growth are computed in USD. Exchange rates at Norges Bank

Key figure202320242025
Operating revenue2.2 MUSD1.7 MUSD3.4 MUSD
Operating profit0.6 MUSD−0.9 MUSD0.5 MUSD
Profit before tax−0.2 MUSD−1.8 MUSD−0.5 MUSD
Net profit−0.2 MUSD−1.8 MUSD−0.5 MUSD
Financial expenses1.1 MUSD1.0 MUSD1.1 MUSD
Total assets29.9 MUSD27.2 MUSD26.2 MUSD
Current assets4.1 MUSD1.4 MUSD2.7 MUSD
Equity13.7 MUSD13.6 MUSD16.0 MUSD
Retained earnings4.8 MUSD3.0 MUSD2.5 MUSD
Total liabilities16.3 MUSD13.6 MUSD10.2 MUSD
Current liabilities5.6 MUSD4.9 MUSD2.0 MUSD

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6516097.

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