SUNDFISK AS

Org. no. 918046429 · ØYGARDEN · Founded 2016

Score · fiscal year 2025

54of 100

How to read this: the company is ahead of 60 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?

Rank in the Morning class Micro: 488 of 1,211 · What are Morning company classes?
Place in the whole sector: 894 of 2,232 · Sjømat

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 73 and solidity 11 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology

Against the sector

SUNDFISK AS is 4 points above the median for companies in the Morning class Micro in the same sector in 2025.

Median score 50 among 1,211 companies.

Against companies in the Morning class Micro in the same sector in 2025: operating margin 28.7% (median 13.5%) and equity ratio 4.5% (median 34.7%).

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 revenue2 MNOK3 MNOK
Operating margin 28.7% 13.5% 77 %
Profit margin 19.0% 9.8% shown, not part of the index
Return on assets 13.0% 7.3% 69 %
Equity ratio 4.5% 34.7% 17 %
Debt-to-equity 21.39 1.44 6 %
Current ratio 5.17 1.72 83 %
Revenue growth 119.9% 23.4% 88 %

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

With an index of 54, SUNDFISK AS does better than 60% of companies in the Morning class Micro in the same sector (1,211 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • SUNDFISK AS
  • Median: companies in the Morning class Micro in the same sector
Summary analysis

SUNDFISK AS has a score of 54 for 2025, rank 894 of 2,232 in the sector.

Strongest: Growth: percentile 88 against peers, revenue growth 119.9% against a median of 23.4%. Liquidity: percentile 83 against peers, current ratio 5.17 against a median of 1.72.

Weakest: Solidity: percentile 11 against peers, equity ratio 4.5% against a median of 34.7%. Consistency: percentile 24 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

SUNDFISK AS had an operating margin of 28.7% and an equity ratio of 4.5% in 2025, and ranks 894 of 2,232 in Sjømat.

From 2024 to 2025: the operating margin rose from −35.1% to 28.7% and revenue grew by 120%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 0 MNOK and 3 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.3 MNOK 10.0 3 MNOK
EV/EBIT Operating profit: 0.5 MNOK
minus net debt 3.2 MNOK
8.0 1 MNOK
P/B Equity: 0.2 MNOK 1.0 0 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

Indications · 2025

Worth a closer look

  • watch

    The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?

    Based on: Equity ratio 4.5% (median 34.7%).

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

Financial costs were 5.0% 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.

See interest rates, prices and exchange rates for the sector

Data quality

No anomalies found in the figures.

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 −0.5%. 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

Profitability73 weight 30%
Solidity11 weight 25%
Liquidity83 weight 15%
Growth88 weight 15%
Consistency24 weight 15%

Durability: 42 (average over 2 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is SUNDFISK AS?

The operating margin was 28.7% in 2025, against a median of 13.5% among companies in the Morning class Micro in the same sector. Return on assets was 13.0%.

How solid is SUNDFISK AS?

The equity ratio was 4.5% in 2025 (median 34.7%). Debt-to-equity was 21.39 (median 1.44).

What is the liquidity of SUNDFISK AS like?

The current ratio was 5.17 in 2025 (median 1.72).

How does SUNDFISK AS compare in Sjømat?

SUNDFISK AS ranks 894 of 2,232 in Sjømat for 2025. Among companies in the Morning class Micro it is number 488 of 1,211. Revenue changed by 119.9% from the year before.

From the Central Coordinating Register

Org. no.
918046429
Legal form
AS
Sector
Sjømat (03.110)
Morning company class
Micro
Employees
0–4 (not registered)
Founded
18 October 2016 10 years in operation
Share capital
0.03 MNOK
Business address
Stølsvegen 8, 5378 KLOKKARVIK (ØYGARDEN)
Municipality
Øygarden rank 1–6 of 13 in KOSTRA group 10
Audit
Audit opted out from 14 November 2016
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

Chair of the board
Thomas Yndestad Nygård
Accountant
LIEGRUPPEN 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.

Report an issue

Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index31–54
Rank1,659–894
Operating margin−27.1%−35.1%28.7%
Return on assets−11.3%−13.3%13.0%
Equity ratio10.5%−7.7%4.5%
Current ratio5.9524.085.17
Revenue growth–−23.6%119.9%

Accounts

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

Key figure202320242025
Operating revenue1.0 MNOK0.8 MNOK1.7 MNOK
Operating profit−0.3 MNOK−0.3 MNOK0.5 MNOK
Profit before tax−0.4 MNOK−0.4 MNOK0.3 MNOK
Net profit−0.4 MNOK−0.4 MNOK0.3 MNOK
Financial expenses0.1 MNOK0.1 MNOK0.2 MNOK
Total assets2.3 MNOK1.9 MNOK3.9 MNOK
Current assets0.5 MNOK0.4 MNOK0.5 MNOK
Equity0.2 MNOK−0.1 MNOK0.2 MNOK
Retained earnings0.2 MNOK−0.2 MNOK0.1 MNOK
Total liabilities2.1 MNOK2.1 MNOK3.7 MNOK
Current liabilities0.1 MNOK0.0 MNOK0.1 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6778326.