SEASYSTEMS AS
Score · fiscal year 2024
65of 100
How to read this: the company is ahead of 80 % of medium-sized companies in the same sector in 2024. What does this mean?
Rank: 7,984 of 37,180 · Handel
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 96 and solidity 68 out of 100 among medium-sized companies in the same sector in 2024. Methodology
Against the sector
SEASYSTEMS AS is 15 points above the median for medium-sized companies in the same sector in 2024.
Median score 50 among 2,059 companies.
Against medium-sized companies in the same sector in 2024: operating margin 23.5% (median 3.2%) and equity ratio 46.9% (median 32.6%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 136 MNOK | 171 MNOK |
| Operating margin | 23.5% | 3.2% |
| Profit margin | 26.2% | 3.1% |
| Return on assets | 38.5% | 11.1% |
| Equity ratio | 46.9% | 32.6% |
| Debt-to-equity | 1.13 | 2.01 |
| Current ratio | 1.80 | 1.38 |
| Revenue growth | −24.5% | 5.2% |
| Revenue per employee | 4.24 MNOK | 6.29 MNOK |
The median and “ahead of” refer to medium-sized companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 65, SEASYSTEMS AS does better than 80% of medium-sized companies in the same sector (2,059 companies) in 2024.
Score 2023–2025
- SEASYSTEMS AS
- Median: medium-sized companies in the same sector
What the numbers say
SEASYSTEMS AS had an operating margin of 23.5% and an equity ratio of 46.9% in 2024, and ranks 7,984 of 37,180 in Handel.
From 2023 to 2024: the operating margin rose from 10.5% to 23.5% and revenue fell by 24%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 47 MNOK and 277 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 277 MNOK |
| EV/EBIT | 8.0 | 254 MNOK |
| P/B | 1.0 | 47 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
No rules were triggered for this year.
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 2017, the sector's weakest year, for this company.
The sector's weakest year was 2017, with a median operating margin of −65.6%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 96 | weight 30% |
|---|---|---|
| Solidity | 68 | weight 25% |
| Liquidity | 71 | weight 15% |
| Growth | 3 | weight 15% |
| Consistency | 53 | weight 15% |
Durability: 71 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is SEASYSTEMS AS?
The operating margin was 23.5% in 2024, against a median of 3.2% among medium-sized companies in the same sector. Return on assets was 38.5%.
How solid is SEASYSTEMS AS?
The equity ratio was 46.9% in 2024 (median 32.6%). Debt-to-equity was 1.13 (median 2.01).
What is the liquidity of SEASYSTEMS AS like?
The current ratio was 1.80 in 2024 (median 1.38).
How does SEASYSTEMS AS compare in Handel?
SEASYSTEMS AS ranks 7,984 of 37,180 in Handel for 2024. Among companies of the same size (medium-sized companies) it ranks 418 of 2,059. Revenue changed by −24.5% from the year before.
From the Central Coordinating Register
- Org. no.
- 913199863
- Legal form
- AS
- Sector
- Handel (46.640)
- Size tier
- medium
- Employees
- 32 registered 10 June 2026
- Founded
- 2 January 1965 61 years in operation
- Share capital
- 13.00 MNOK
- Business address
- Deliveien 10, 1540 VESTBY
- Municipality
- Vestby rank 4 of 38 in KOSTRA group 7
- 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
- Torkjell Lisland
- Chair of the board
- Baste Tveito
- Board member
- Anders Holm
- Board member
- Kathinka Yvonne Korsman Pettersen
- Board member
- Anette Netteland Dybvik
- Auditor
- ERNST & YOUNG AS
- Accountant
- RE-VISJON AS
- Accountant
- ECIT CONSULTA 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 | 77 | 65 | 67 | |
| Rank | 3,186 | 7,984 | 6,805 | |
| Operating margin | 10.5% | 23.5% | 18.6% | |
| Return on assets | 27.5% | 38.5% | 37.5% | |
| Equity ratio | 49.7% | 46.9% | 31.2% | |
| Current ratio | 1.79 | 1.80 | 1.54 | |
| Revenue growth | – | −24.5% | 28.9% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 179.5 MNOK | 135.5 MNOK | 174.7 MNOK |
| Operating profit | 18.8 MNOK | 31.8 MNOK | 32.5 MNOK |
| Profit before tax | 18.3 MNOK | 35.5 MNOK | 39.8 MNOK |
| Net profit | 14.2 MNOK | 27.7 MNOK | 31.0 MNOK |
| Financial expenses | 14.7 MNOK | 3.3 MNOK | 6.2 MNOK |
| Total assets | 119.8 MNOK | 100.6 MNOK | 122.6 MNOK |
| Current assets | 107.8 MNOK | 96.3 MNOK | 122.2 MNOK |
| Equity | 59.6 MNOK | 47.2 MNOK | 38.2 MNOK |
| Retained earnings | 46.6 MNOK | 34.2 MNOK | 25.2 MNOK |
| Total liabilities | 60.3 MNOK | 53.4 MNOK | 84.4 MNOK |
| Current liabilities | 60.3 MNOK | 53.4 MNOK | 79.4 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5664261.
Further
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