KVERVA AS
Score · fiscal year 2024
49of 100
How to read this: the company is ahead of 47 % of medium-sized companies in the same sector in 2024. What does this mean?
Rank: 2,035 of 3,976 · Sjømat
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 49 and solidity 54 out of 100 among medium-sized companies in the same sector in 2024. Methodology
Against the sector
KVERVA AS is 1 points below the median for medium-sized companies in the same sector in 2024.
Median score 50 among 419 companies.
Against medium-sized companies in the same sector in 2024: operating margin −4.9% (median 11.4%) and equity ratio 48.0% (median 44.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 105 MNOK | 205 MNOK |
| Operating margin | −4.9% | 11.4% |
| Profit margin | 2,660.7% | 7.7% |
| Return on assets | 31.6% | 9.0% |
| Equity ratio | 48.0% | 44.9% |
| Debt-to-equity | 1.08 | 1.22 |
| Current ratio | 0.97 | 1.80 |
| Revenue growth | 4.9% | 9.9% |
| Revenue per employee | 5.53 MNOK | 7.03 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 49, KVERVA AS does better than 47% of medium-sized companies in the same sector (419 companies) in 2024.
Score 2023–2025
- KVERVA AS
- Median: medium-sized companies in the same sector
What the numbers say
KVERVA AS had an operating margin of −4.9% and an equity ratio of 48.0% in 2024, and ranks 2,035 of 3,976 in Sjømat.
From 2023 to 2024: the equity ratio rose from 28.4% to 48.0% and the operating margin rose from −10.4% to −4.9%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 4,421 MNOK and 28,129 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 28,129 MNOK |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 4,421 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 1.0 times current assets.
Based on: Current ratio 0.97 (median 1.80).
- watch
The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin −4.9% (median 11.4%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 2.4% of the debt in 2024. The policy rate averaged 4.50 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.
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 −5.0%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 49 | weight 30% |
|---|---|---|
| Solidity | 54 | weight 25% |
| Liquidity | 22 | weight 15% |
| Growth | 41 | weight 15% |
| Consistency | 75 | weight 15% |
Durability: 41 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is KVERVA AS?
The operating margin was −4.9% in 2024, against a median of 11.4% among medium-sized companies in the same sector. Return on assets was 31.6%.
How solid is KVERVA AS?
The equity ratio was 48.0% in 2024 (median 44.9%). Debt-to-equity was 1.08 (median 1.22).
What is the liquidity of KVERVA AS like?
The current ratio was 0.97 in 2024 (median 1.80). Current assets did not cover current liabilities.
How does KVERVA AS compare in Sjømat?
KVERVA AS ranks 2,035 of 3,976 in Sjømat for 2024. Among companies of the same size (medium-sized companies) it ranks 224 of 419. Revenue changed by 4.9% from the year before.
From the Central Coordinating Register
- Org. no.
- 919818824
- Legal form
- AS
- Sector
- Sjømat (10.203)
- Size tier
- medium
- Employees
- 19 registered 10 September 2026
- Founded
- 30 September 2017 9 years in operation
- Share capital
- 0.28 MNOK
- Business address
- Kverva, 7266 KVERVA (FRØYA)
- Municipality
- Frøya rank 1–8 of 9 in KOSTRA group 3
- Latest accounts filed
- 2025
- LEI
- 636700OVQX4EEXJ9MK36 not renewed (lapsed)
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
- Torgeir Johan Svae
- Chair of the board
- Gustav Witzøe
- Board member
- Leif Inge Nordhammer
- Board member
- Helge Karstein Moen
- Board member
- Randi Ness
- Board member
- Therese Log Bergjord
- Auditor
- PRICEWATERHOUSECOOPERS 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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 34 | 49 | 50 | |
| Rank | 2,792 | 2,035 | 2,082 | |
| Operating margin | −10.4% | −4.9% | −5.5% | |
| Return on assets | 17.3% | 31.6% | 18.6% | |
| Equity ratio | 28.4% | 48.0% | 50.8% | |
| Current ratio | 1.03 | 0.97 | 0.79 | |
| Revenue growth | – | 4.9% | 5.8% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 100.2 MNOK | 105.1 MNOK | 111.2 MNOK |
| Operating profit | −10.4 MNOK | −5.1 MNOK | −6.1 MNOK |
| Profit before tax | 1,371.3 MNOK | 2,795.1 MNOK | 1,689.7 MNOK |
| Net profit | 1,379.4 MNOK | 2,812.9 MNOK | 1,662.8 MNOK |
| Financial expenses | 51.9 MNOK | 113.4 MNOK | 122.6 MNOK |
| Total assets | 8,213.3 MNOK | 9,206.4 MNOK | 9,761.7 MNOK |
| Current assets | 3,587.0 MNOK | 3,857.6 MNOK | 3,773.8 MNOK |
| Equity | 2,331.5 MNOK | 4,420.9 MNOK | 4,957.6 MNOK |
| Retained earnings | 1,074.2 MNOK | 3,163.6 MNOK | 3,575.4 MNOK |
| Total liabilities | 5,881.7 MNOK | 4,785.5 MNOK | 4,804.1 MNOK |
| Current liabilities | 3,481.7 MNOK | 3,992.4 MNOK | 4,770.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6113993.
Further
Similar companies
- MAALØY SEAFOOD AS index 49, rank 2,021 · compare
- ARCTIC SEAFARM NESNA AS index 49, rank 2,028 · compare
- FIRMENICH BJØRGE BIOMARIN AS index 49, rank 2,029 · compare
- GJØLANGER HOLDING AS index 49, rank 2,031 · compare
- NORDNORSK STAMFISK AS index 49, rank 2,047 · compare