FRØY AKVARESSURS AS
Score · fiscal year 2025
33of 100
How to read this: the company is ahead of 16 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 2,626 of 3,375 · Sjømat
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 44 and solidity 11 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
FRØY AKVARESSURS AS is 16 points below the median for medium-sized companies in the same sector in 2025.
Median score 49 among 338 companies.
Against medium-sized companies in the same sector in 2025: operating margin 11.0% (median 10.6%) and equity ratio 14.5% (median 41.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 451 MNOK | 201 MNOK |
| Operating margin | 11.0% | 10.6% |
| Profit margin | −5.1% | 7.2% |
| Return on assets | 4.4% | 7.4% |
| Equity ratio | 14.5% | 41.4% |
| Debt-to-equity | 5.91 | 1.37 |
| Current ratio | 0.77 | 1.72 |
| Revenue growth | 22.0% | 8.9% |
| Revenue per employee | 2.69 MNOK | 7.71 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 33, FRØY AKVARESSURS AS does better than 16% of medium-sized companies in the same sector (338 companies) in 2025.
Score 2023–2025
- FRØY AKVARESSURS AS
- Median: medium-sized companies in the same sector
FRØY AKVARESSURS AS has a score of 33 for 2025, rank 2,626 of 3,375 in the sector.
Strongest: Growth: percentile 66 against peers, revenue growth 22.0% against a median of 8.9%.
Weakest: Solidity: percentile 11 against peers, equity ratio 14.5% against a median of 41.4%. Liquidity: percentile 15 against peers, current ratio 0.77 against a median of 1.72.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 1.3 times current assets. Based on: current ratio 0.77 (median 1.72).
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −5.1% (median 7.2%).
- Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have? Based on: revenue growth 22.0% (median 8.9%); current ratio 0.77 (median 1.72).
- What lies behind weak solidity, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
FRØY AKVARESSURS AS had an operating margin of 11.0% and an equity ratio of 14.5% in 2025, and ranks 2,626 of 3,375 in Sjømat.
From 2024 to 2025: went from a profit to a loss before tax and the operating margin fell from 17.5% to 11.0%.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 164 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | debt above value |
| P/B | 1.0 | 164 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 1.3 times current assets.
Based on: Current ratio 0.77 (median 1.72).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −5.1% (median 7.2%).
- 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 22.0% (median 8.9%); Current ratio 0.77 (median 1.72).
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 | 44 | weight 30% |
|---|---|---|
| Solidity | 11 | weight 25% |
| Liquidity | 15 | weight 15% |
| Growth | 66 | weight 15% |
| Consistency | 36 | weight 15% |
Durability: 31 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is FRØY AKVARESSURS AS?
The operating margin was 11.0% in 2025, against a median of 10.6% among medium-sized companies in the same sector. Return on assets was 4.4%. The company made a loss before tax.
How solid is FRØY AKVARESSURS AS?
The equity ratio was 14.5% in 2025 (median 41.4%). Debt-to-equity was 5.91 (median 1.37).
What is the liquidity of FRØY AKVARESSURS AS like?
The current ratio was 0.77 in 2025 (median 1.72). Current assets did not cover current liabilities.
How does FRØY AKVARESSURS AS compare in Sjømat?
FRØY AKVARESSURS AS ranks 2,626 of 3,375 in Sjømat for 2025. Among companies of the same size (medium-sized companies) it ranks 285 of 338. Revenue changed by 22.0% from the year before.
From the Central Coordinating Register
- Org. no.
- 913038053
- Legal form
- AS
- Sector
- Sjømat (03.300)
- Size tier
- medium
- Employees
- 168 registered 10 October 2026
- Founded
- 9 December 2013 12 years in operation
- Share capital
- 2.00 MNOK
- Business address
- Nordfrøyveien 213, 7260 SISTRANDA (FRØYA)
- Municipality
- Frøya rank 1–8 of 9 in KOSTRA group 3
- 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
- Lars Eirik Hestnes
- Chair of the board
- Gottfred Langseth
- Board member
- Kjersti Holmvik
- Board member
- Arnt Ragnvald Solem
- Auditor
- ERNST & YOUNG 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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 28 | 33 | 33 | |
| Rank | 2,369 | 2,409 | 2,626 | |
| Operating margin | 9.0% | 17.5% | 11.0% | |
| Return on assets | 2.7% | 5.5% | 4.4% | |
| Equity ratio | 16.8% | 15.9% | 14.5% | |
| Current ratio | 1.07 | 0.80 | 0.77 | |
| Revenue growth | – | 14.8% | 22.0% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 322.2 MNOK | 369.8 MNOK | 451.2 MNOK |
| Operating profit | 29.0 MNOK | 64.6 MNOK | 49.7 MNOK |
| Profit before tax | −13.8 MNOK | 4.9 MNOK | −23.2 MNOK |
| Net profit | −13.8 MNOK | 4.9 MNOK | −23.2 MNOK |
| Financial expenses | 43.1 MNOK | 59.9 MNOK | 73.3 MNOK |
| Total assets | 1,088.2 MNOK | 1,182.4 MNOK | 1,135.7 MNOK |
| Current assets | 98.9 MNOK | 119.7 MNOK | 109.6 MNOK |
| Equity | 182.7 MNOK | 187.6 MNOK | 164.4 MNOK |
| Retained earnings | 141.1 MNOK | 146.0 MNOK | 122.8 MNOK |
| Total liabilities | 905.5 MNOK | 994.7 MNOK | 971.3 MNOK |
| Current liabilities | 92.5 MNOK | 149.8 MNOK | 142.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7110565.
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