OCEAN SEA AS
Score · fiscal year 2025
43of 100
How to read this: the company is ahead of 37 % of small companies in the same sector in 2025. What does this mean?
Rank: 863 of 1,336 · Sjøfart
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 82 and solidity 0 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
OCEAN SEA AS is 7 points below the median for small companies in the same sector in 2025.
Median score 50 among 862 companies.
Against small companies in the same sector in 2025: operating margin 17.5% (median 7.1%) and equity ratio −635.9% (median 48.7%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 75 MNOK | 4 MNOK |
| Operating margin | 17.5% | 7.1% |
| Profit margin | 17.5% | 7.1% |
| Return on assets | 206.5% | 2.2% |
| Equity ratio | −635.9% | 48.7% |
| Debt-to-equity | – | 0.69 |
| Current ratio | 0.19 | 1.71 |
| Revenue growth | 989.6% | 1.1% |
The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 43, OCEAN SEA AS does better than 37% of small companies in the same sector (867 companies) in 2025.
Score 2023–2025
- OCEAN SEA AS
- Median: small companies in the same sector
What the numbers say
OCEAN SEA AS had an operating margin of 17.5% and an equity ratio of −635.9% in 2025, and ranks 863 of 1,336 in Sjøfart.
From 2024 to 2025: the operating margin rose from −389.1% to 17.5% and revenue grew by 990%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 64 MNOK and 131 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 131 MNOK |
| EV/EBIT | 8.0 | 64 MNOK |
| P/B | 1.0 | not meaningful |
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
- critical
Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?
Based on: Equity ratio −635.9% (median 48.7%).
- critical
Consider strengthening liquidity: current liabilities are 5.2 times current assets.
Based on: Current ratio 0.19 (median 1.71).
- 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 989.6% (median 1.1%); Current ratio 0.19 (median 1.71).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
- critical Negative equity
Scenario analysis: the sector's weakest year
We have no accounts for 2026, the sector's weakest year, for this company.
The sector's weakest year was 2026, with a median operating margin of 2.5%. 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 | 82 | weight 30% |
|---|---|---|
| Solidity | 0 | weight 25% |
| Liquidity | 14 | weight 15% |
| Growth | 99 | weight 15% |
| Consistency | 13 | weight 15% |
Durability: 20 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is OCEAN SEA AS?
The operating margin was 17.5% in 2025, against a median of 7.1% among small companies in the same sector. Return on assets was 206.5%.
How solid is OCEAN SEA AS?
The equity ratio was −635.9% in 2025 (median 48.7%). Equity is negative, so liabilities exceed assets.
What is the liquidity of OCEAN SEA AS like?
The current ratio was 0.19 in 2025 (median 1.71). Current assets did not cover current liabilities.
How does OCEAN SEA AS compare in Sjøfart?
OCEAN SEA AS ranks 863 of 1,336 in Sjøfart for 2025. Among companies of the same size (small companies) it ranks 547 of 867. Revenue changed by 989.6% 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.
- 920213332
- Legal form
- AS · part of a group
- Sector
- Sjøfart (50.201)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 14 December 2017 8 years in operation
- Share capital
- 2.00 MNOK
- Business address
- Austefjordsvegen 23, 5379 STEINSLAND (ØYGARDEN)
- Municipality
- Øygarden rank 1–5 of 13 in KOSTRA group 10
- 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
- Trym Jacobsen
- Board member
- Karsten Høyland
- Auditor
- DELOITTE AS
- Accountant
- COMPLÉR ACCOUNTING 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 | 9 | 7 | 43 | |
| Rank | 1,041 | 1,174 | 863 | |
| Operating margin | −45.2% | −389.1% | 17.5% | |
| Return on assets | −70.1% | −197.6% | 206.5% | |
| Equity ratio | −139.5% | −421.5% | −635.9% | |
| Current ratio | 0.37 | 0.54 | 0.19 | |
| Revenue growth | – | −80.7% | 989.6% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 35.5 MNOK | 6.9 MNOK | 74.7 MNOK |
| Operating profit | −16.1 MNOK | −26.7 MNOK | 13.1 MNOK |
| Profit before tax | −16.7 MNOK | −26.3 MNOK | 13.1 MNOK |
| Net profit | −16.7 MNOK | −26.3 MNOK | 13.1 MNOK |
| Financial expenses | 1.7 MNOK | 0.0 MNOK | 0.9 MNOK |
| Total assets | 21.4 MNOK | 13.3 MNOK | 6.8 MNOK |
| Current assets | 2.7 MNOK | 1.4 MNOK | 1.7 MNOK |
| Equity | −29.8 MNOK | −56.1 MNOK | −43.0 MNOK |
| Retained earnings | −31.8 MNOK | −58.1 MNOK | −45.0 MNOK |
| Total liabilities | 51.2 MNOK | 69.4 MNOK | 49.8 MNOK |
| Current liabilities | 7.3 MNOK | 2.6 MNOK | 8.6 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6925618.
Further
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