NORFRA SHIPPING AS
Score · fiscal year 2025
60of 100
How to read this: the company is ahead of 73 % of small companies in the same sector in 2025. What does this mean?
Rank: 346 of 1,296 · Sjøfart
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 69 and solidity 83 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
NORFRA SHIPPING AS is 10 points above the median for small companies in the same sector in 2025.
Median score 50 among 836 companies.
Against small companies in the same sector in 2025: operating margin 86.7% (median 7.1%) and equity ratio 98.1% (median 48.6%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 16 MNOK | 4 MNOK |
| Operating margin | 86.7% | 7.1% |
| Profit margin | 1,003.6% | 6.9% |
| Return on assets | 0.3% | 2.3% |
| Equity ratio | 98.1% | 48.6% |
| Debt-to-equity | 0.02 | 0.71 |
| Current ratio | 0.51 | 1.71 |
| Revenue growth | −2.7% | 0.7% |
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 60, NORFRA SHIPPING AS does better than 73% of small companies in the same sector (840 companies) in 2025.
Score 2023–2025
- NORFRA SHIPPING AS
- Median: small companies in the same sector
What the numbers say
NORFRA SHIPPING AS had an operating margin of 86.7% and an equity ratio of 98.1% in 2025, and ranks 346 of 1,296 in Sjøfart.
No large changes in the key figures from 2024 to 2025.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 84 MNOK and 4,974 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 1,622 MNOK |
| EV/EBIT | 8.0 | 84 MNOK |
| P/B | 1.0 | 4,974 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 1.9 times current assets.
Based on: Current ratio 0.51 (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.
Scenario analysis: the sector's weakest year
We have no accounts for 2026, the sector's weakest year, for this company.
The sector's weakest year was 2026, with a median operating margin of 2.5%. 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 | 69 | weight 30% |
|---|---|---|
| Solidity | 83 | weight 25% |
| Liquidity | 24 | weight 15% |
| Growth | 41 | weight 15% |
| Consistency | 62 | weight 15% |
Durability: 65 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is NORFRA SHIPPING AS?
The operating margin was 86.7% in 2025, against a median of 7.1% among small companies in the same sector. Return on assets was 0.3%.
How solid is NORFRA SHIPPING AS?
The equity ratio was 98.1% in 2025 (median 48.6%). Debt-to-equity was 0.02 (median 0.71).
What is the liquidity of NORFRA SHIPPING AS like?
The current ratio was 0.51 in 2025 (median 1.71). Current assets did not cover current liabilities.
How does NORFRA SHIPPING AS compare in Sjøfart?
NORFRA SHIPPING AS ranks 346 of 1,296 in Sjøfart for 2025. Among companies of the same size (small companies) it ranks 225 of 840. Revenue changed by −2.7% from the year before.
From the Central Coordinating Register
- Org. no.
- 881412632
- Legal form
- AS
- Sector
- Sjøfart (50.201)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 24 November 1999 26 years in operation
- Share capital
- 94.40 MNOK
- Business address
- Conrad Mohrs veg 29, 5072 BERGEN
- Municipality
- Bergen rank 9 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
- Website
- www.odfjell.com
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
- Bjørn Henrik Hammer
- Chair of the board
- Terje Iversen
- Board member
- Bjørn Henrik Hammer
- Board member
- Elsebeth Cathrine Guttormsen
- Auditor
- KPMG 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 | 73 | 62 | 60 | |
| Rank | 112 | 278 | 346 | |
| Operating margin | 75.7% | 88.4% | 86.7% | |
| Return on assets | 0.6% | 0.0% | 0.3% | |
| Equity ratio | 98.3% | 98.5% | 98.1% | |
| Current ratio | 12.37 | 3.43 | 0.51 | |
| Revenue growth | – | −45.4% | −2.7% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 30.8 MNOK | 16.8 MNOK | 16.4 MNOK |
| Operating profit | 23.3 MNOK | 14.9 MNOK | 14.2 MNOK |
| Profit before tax | 94.9 MNOK | 4,288.1 MNOK | 164.5 MNOK |
| Net profit | 111.8 MNOK | 4,293.6 MNOK | 162.2 MNOK |
| Financial expenses | −66.6 MNOK | −4,286.4 MNOK | −148.6 MNOK |
| Total assets | 5,153.7 MNOK | 4,892.6 MNOK | 5,069.8 MNOK |
| Current assets | 294.4 MNOK | 90.2 MNOK | 34.0 MNOK |
| Equity | 5,066.3 MNOK | 4,821.3 MNOK | 4,974.1 MNOK |
| Retained earnings | 221.4 MNOK | −23.7 MNOK | 129.1 MNOK |
| Total liabilities | 87.4 MNOK | 71.3 MNOK | 95.7 MNOK |
| Current liabilities | 23.8 MNOK | 26.3 MNOK | 66.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7097443.
Further
Similar companies
- NORTH SEA LOGISTICS AS index 60, rank 345
- HOLBERG SHIPPING AS index 60, rank 347
- KARIVITJE HOLDING AS index 60, rank 348
- MARINE & BIO SERVICE AS index 60, rank 349
- JANIX IKT AS index 60, rank 351