NORBERT ENGESETH AS

Org. no. 921481063 · HARAM · Founded 1978 · 23 employees

Score · fiscal year 2025

58of 100

How to read this: the company is ahead of 68 % of small companies in the same sector in 2025. What does this mean?

Rank: 1,068 of 3,327 · Sjømat

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 51 and solidity 70 out of 100 among small companies in the same sector in 2025. Methodology

Against the sector

NORBERT ENGESETH AS is 9 points above the median for small companies in the same sector in 2025.

Median score 49 among 2,919 companies.

Against small companies in the same sector in 2025: operating margin −3.9% (median 10.1%) and equity ratio 69.6% (median 32.2%).

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 revenue28 MNOK1 MNOK
Operating margin −3.9% 10.1% 30 %
Profit margin 24.1% 6.7% shown, not part of the index
Return on assets 10.2% 2.7% 71 %
Equity ratio 69.6% 32.2% 73 %
Debt-to-equity 0.44 1.18 68 %
Current ratio 1.66 1.54 52 %
Revenue growth 2.5% 16.1% 36 %
Revenue per employee1.20 MNOK1.83 MNOK

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 58, NORBERT ENGESETH AS does better than 68% of small companies in the same sector (2,945 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • NORBERT ENGESETH AS
  • Median: small companies in the same sector
Summary analysis

NORBERT ENGESETH AS has a score of 58 for 2025, rank 1,068 of 3,327 in the sector.

Strongest: Consistency: percentile 78 against peers. Solidity: percentile 70 against peers, equity ratio 69.6% against a median of 32.2%.

Weakest: Growth: percentile 36 against peers, revenue growth 2.5% against a median of 16.1%.

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

NORBERT ENGESETH AS had an operating margin of −3.9% and an equity ratio of 69.6% in 2025, and ranks 1,068 of 3,327 in Sjømat.

From 2024 to 2025: the operating margin fell from −0.4% to −3.9%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 50 MNOK and 52 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 5.2 MNOK 10.0 52 MNOK
EV/EBIT Operating profit: −1.1 MNOK 8.0 not meaningful
P/B Equity: 50.2 MNOK 1.0 50 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.

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 −1.7%. 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

Profitability51 weight 30%
Solidity70 weight 25%
Liquidity52 weight 15%
Growth36 weight 15%
Consistency78 weight 15%

Durability: 63 (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 NORBERT ENGESETH AS?

The operating margin was −3.9% in 2025, against a median of 10.1% among small companies in the same sector. Return on assets was 10.2%.

How solid is NORBERT ENGESETH AS?

The equity ratio was 69.6% in 2025 (median 32.2%). Debt-to-equity was 0.44 (median 1.18).

What is the liquidity of NORBERT ENGESETH AS like?

The current ratio was 1.66 in 2025 (median 1.54).

How does NORBERT ENGESETH AS compare in Sjømat?

NORBERT ENGESETH AS ranks 1,068 of 3,327 in Sjømat for 2025. Among companies of the same size (small companies) it ranks 940 of 2,945. Revenue changed by 2.5% from the year before.

Group accounts · 2025

63 of 100

Rank 207 of 886 groups with group accounts. Groups are ranked only against each other, not against single companies.

Key figures in the group accounts against the company's own accounts
Key figureThe groupThe company alone (2025)
Operating margin4.0% −3.9%
Return on assets6.0% 10.2%
Equity ratio55.8% 69.6%
Current ratio1.76 1.66
Revenue growth10.7% 2.5%

Group index in earlier years: 2023: 54 (439 of 1062), 2024: 65 (201 of 904).

Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.

Source: Brønnøysund Register Centre, group accounts 2025 (open data, NLOD 2.0).

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

From the Central Coordinating Register

Org. no.
921481063
Legal form
AS
Sector
Sjømat (10.201)
Size tier
small
Employees
23 registered 10 September 2026
Founded
30 December 1978 47 years in operation
Share capital
0.92 MNOK
Business address
Grytafjordvegen 762, 6265 VATNE (HARAM)
Municipality
Haram rank 14–29 of 40 in KOSTRA group 1
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
Arthur Engeseth
Chair of the board
Nils Arve Engeset
Board member
Arthur Engeseth
Deputy member
Rannveig Engeseth
Auditor
BDO 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.

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index686258
Rank5278021,068
Operating margin12.9%−0.4%−3.9%
Return on assets7.0%7.0%10.2%
Equity ratio62.9%66.1%69.6%
Current ratio2.702.191.66
Revenue growth–−8.4%2.5%

Accounts

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

Key figure202320242025
Operating revenue29.4 MNOK26.9 MNOK27.6 MNOK
Operating profit3.8 MNOK−0.1 MNOK−1.1 MNOK
Profit before tax0.2 MNOK1.5 MNOK6.6 MNOK
Net profit−0.7 MNOK0.6 MNOK5.2 MNOK
Financial expenses5.2 MNOK3.6 MNOK0.7 MNOK
Total assets77.1 MNOK72.2 MNOK72.1 MNOK
Current assets19.6 MNOK16.2 MNOK15.0 MNOK
Equity48.5 MNOK47.7 MNOK50.2 MNOK
Retained earnings41.9 MNOK41.1 MNOK43.6 MNOK
Total liabilities28.6 MNOK24.5 MNOK21.9 MNOK
Current liabilities7.2 MNOK7.4 MNOK9.1 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6797710.