NORBERT ENGESETH AS
Score · fiscal year 2023
66of 100
How to read this: the company is ahead of 79 % of small companies in the same sector in 2023. What does this mean?
Rank: 796 of 3,738 · Sjømat
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 61 and solidity 65 out of 100 among small companies in the same sector in 2023. Methodology
Against the sector
NORBERT ENGESETH AS is 16 points above the median for small companies in the same sector in 2023.
Median score 50 among 3,282 companies.
Against small companies in the same sector in 2023: operating margin 12.9% (median 9.0%) and equity ratio 62.9% (median 35.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 29 MNOK | 2 MNOK |
| Operating margin | 12.9% | 9.0% |
| Profit margin | 0.8% | 5.5% |
| Return on assets | 7.0% | 2.7% |
| Equity ratio | 62.9% | 35.9% |
| Debt-to-equity | 0.59 | 1.08 |
| Current ratio | 2.70 | 1.66 |
| Revenue growth | – | 10.5% |
| Revenue per employee | 1.28 MNOK | 1.60 MNOK |
The median and “ahead of” refer to small companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 66, NORBERT ENGESETH AS does better than 79% of small companies in the same sector (3,284 companies) in 2023.
Score 2023–2025
- NORBERT ENGESETH AS
- Median: small companies in the same sector
What the numbers say
NORBERT ENGESETH AS had an operating margin of 12.9% and an equity ratio of 62.9% in 2023, and ranks 796 of 3,738 in Sjømat.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 10 MNOK and 49 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | 10 MNOK |
| P/B | 1.0 | 49 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
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 18.1% of the debt in 2023. The policy rate averaged 3.54 % 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 | 61 | weight 30% |
|---|---|---|
| Solidity | 65 | weight 25% |
| Liquidity | 65 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 80 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is NORBERT ENGESETH AS?
The operating margin was 12.9% in 2023, against a median of 9.0% among small companies in the same sector. Return on assets was 7.0%.
How solid is NORBERT ENGESETH AS?
The equity ratio was 62.9% in 2023 (median 35.9%). Debt-to-equity was 0.59 (median 1.08).
What is the liquidity of NORBERT ENGESETH AS like?
The current ratio was 2.70 in 2023 (median 1.66).
How does NORBERT ENGESETH AS compare in Sjømat?
NORBERT ENGESETH AS ranks 796 of 3,738 in Sjømat for 2023. Among companies of the same size (small companies) it ranks 689 of 3,284.
Group accounts · 2025
62 of 100
Rank 310 of 1174 groups with group accounts. Groups are ranked only against each other, not against single companies.
| Key figure | The group | The company alone (2023) |
|---|---|---|
| Operating margin | 4.0% | – |
| Return on assets | 6.0% | – |
| Equity ratio | 55.8% | – |
| Current ratio | 1.76 | – |
| Revenue growth | 10.7% | – |
Group index in earlier years: 2023: 53 (664 of 1492), 2024: 65 (264 of 1197).
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 11–25 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 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 | 66 | 61 | 57 | |
| Rank | 796 | 1,112 | 1,416 | |
| Operating margin | 12.9% | −0.4% | −3.9% | |
| Return on assets | 7.0% | 7.0% | 10.2% | |
| Equity ratio | 62.9% | 66.1% | 69.6% | |
| Current ratio | 2.70 | 2.19 | 1.66 | |
| Revenue growth | – | −8.4% | 2.5% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 29.4 MNOK | 26.9 MNOK | 27.6 MNOK |
| Operating profit | 3.8 MNOK | −0.1 MNOK | −1.1 MNOK |
| Profit before tax | 0.2 MNOK | 1.5 MNOK | 6.6 MNOK |
| Net profit | −0.7 MNOK | 0.6 MNOK | 5.2 MNOK |
| Financial expenses | 5.2 MNOK | 3.6 MNOK | 0.7 MNOK |
| Total assets | 77.1 MNOK | 72.2 MNOK | 72.1 MNOK |
| Current assets | 19.6 MNOK | 16.2 MNOK | 15.0 MNOK |
| Equity | 48.5 MNOK | 47.7 MNOK | 50.2 MNOK |
| Retained earnings | 41.9 MNOK | 41.1 MNOK | 43.6 MNOK |
| Total liabilities | 28.6 MNOK | 24.5 MNOK | 21.9 MNOK |
| Current liabilities | 7.2 MNOK | 7.4 MNOK | 9.1 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 4970259.
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