BRIM EXPLORER AS

Org. no. 919909889 · TROMSØ · Founded 2017 · 142 employees

Score · fiscal year 2025

49of 100

How to read this: the company is ahead of 49 % of medium-sized companies in the same sector in 2025. What does this mean?

Rank: 531 of 1,016 · Sjøfart

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 37 and solidity 38 out of 100 among medium-sized companies in the same sector in 2025. Methodology

Against the sector

BRIM EXPLORER AS is at the median for medium-sized companies in the same sector in 2025.

Median score 49 among 273 companies.

Against medium-sized companies in the same sector in 2025: operating margin 12.5% (median 23.0%) and equity ratio 27.6% (median 36.2%).

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 revenue228 MNOK204 MNOK
Operating margin 12.5% 23.0% 35 %
Profit margin 5.9% 13.6% shown, not part of the index
Return on assets 7.5% 10.1% 38 %
Equity ratio 27.6% 36.2% 39 %
Debt-to-equity 2.62 1.69 37 %
Current ratio 1.73 1.34 61 %
Revenue growth 26.1% 2.4% 76 %
Revenue per employee1.61 MNOK2.66 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 49, BRIM EXPLORER AS does better than 49% of medium-sized companies in the same sector (273 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • BRIM EXPLORER AS
  • Median: medium-sized companies in the same sector
Summary analysis

BRIM EXPLORER AS has a score of 49 for 2025, rank 531 of 1,016 in the sector.

Strongest: Growth: percentile 76 against peers, revenue growth 26.1% against a median of 2.4%. Liquidity: percentile 61 against peers, current ratio 1.73 against a median of 1.34.

Weakest: Profitability: percentile 37 against peers, operating margin 12.5% against a median of 23.0%. Solidity: percentile 38 against peers, equity ratio 27.6% against a median of 36.2%.

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

BRIM EXPLORER AS had an operating margin of 12.5% and an equity ratio of 27.6% in 2025, and ranks 531 of 1,016 in Sjøfart.

From 2024 to 2025: revenue grew by 26%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 97 MNOK and 106 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 9.7 MNOK 10.0 97 MNOK
EV/EBIT Operating profit: 28.5 MNOK
minus net debt 234.1 MNOK
8.0 debt above value
P/B Equity: 106.2 MNOK 1.0 106 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

No rules were triggered for this year.

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

Financial costs were 5.5% 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.

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 5.1%. Based on the 7 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability37 weight 30%
Solidity38 weight 25%
Liquidity61 weight 15%
Growth76 weight 15%
Consistency52 weight 15%

Durability: 41 (average over 3 years)

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

2025

Questions and answers

How profitable is BRIM EXPLORER AS?

The operating margin was 12.5% in 2025, against a median of 23.0% among medium-sized companies in the same sector. Return on assets was 7.5%.

How solid is BRIM EXPLORER AS?

The equity ratio was 27.6% in 2025 (median 36.2%). Debt-to-equity was 2.62 (median 1.69).

What is the liquidity of BRIM EXPLORER AS like?

The current ratio was 1.73 in 2025 (median 1.34).

How does BRIM EXPLORER AS compare in Sjøfart?

BRIM EXPLORER AS ranks 531 of 1,016 in Sjøfart for 2025. Among companies of the same size (medium-sized companies) it ranks 139 of 273. Revenue changed by 26.1% from the year before.

Group accounts

The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.

Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.

We do not show the group structure, because open data does not say who owns whom.

From the Central Coordinating Register

Org. no.
919909889
Legal form
AS · part of a group
Sector
Sjøfart (50.109)
Size tier
medium
Employees
142 registered 10 October 2026
Founded
4 October 2017 9 years in operation
Share capital
14.99 MNOK
Business address
Prostneset Havneterminal, Samuel Arnesens gate 5, 9008 TROMSØ
Municipality
Tromsø rank 9 of 11 in KOSTRA group 12
Latest accounts filed
2025
LEI
984500EB170XAE8BC263 renews 4 November 2027

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
Agnes Arnadottir
Chair of the board
Daniel Andreas Skjeldam
Board member
Hallstein Havåg
Board member
Torunn Tronsvang
Board member
Kathrine Lærke Søndergaard
Auditor
NORN AS
Accountant
SPAREBANK 1 REGNSKAPSHUSET NORD-NORGE 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
Index334249
Rank682624531
Operating margin14.6%12.9%12.5%
Return on assets5.7%6.1%7.5%
Equity ratio29.8%25.3%27.6%
Current ratio1.471.591.73
Revenue growth–53.3%26.1%

Accounts

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

Key figure202320242025
Operating revenue118.0 MNOK180.9 MNOK228.2 MNOK
Operating profit17.2 MNOK23.3 MNOK28.5 MNOK
Profit before tax4.4 MNOK8.4 MNOK13.4 MNOK
Net profit3.4 MNOK6.2 MNOK9.7 MNOK
Financial expenses12.9 MNOK15.0 MNOK15.4 MNOK
Total assets303.8 MNOK381.8 MNOK384.6 MNOK
Current assets29.4 MNOK46.8 MNOK53.1 MNOK
Equity90.5 MNOK96.6 MNOK106.2 MNOK
Retained earnings1.1 MNOK7.2 MNOK16.8 MNOK
Total liabilities213.3 MNOK285.2 MNOK278.3 MNOK
Current liabilities20.1 MNOK29.5 MNOK30.8 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7010110.