ODE HOLDING AS
Score · fiscal year 2025
56of 100
How to read this: the company is ahead of 63 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 1,546 of 4,158 · Sjømat
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 15 and solidity 100 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
ODE HOLDING AS is 7 points above the median for medium-sized companies in the same sector in 2025.
Median score 49 among 461 companies.
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating margin | – | 10.6% |
| Profit margin | – | 7.5% |
| Return on assets | 0.0% | 7.7% |
| Equity ratio | 100.0% | 41.4% |
| Debt-to-equity | 0.00 | 1.37 |
| Current ratio | 511.76 | 1.70 |
| Revenue growth | – | 8.6% |
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 56, ODE HOLDING AS does better than 63% of medium-sized companies in the same sector (461 companies) in 2025.
Score 2023–2025
- ODE HOLDING AS
- Median: medium-sized companies in the same sector
ODE HOLDING AS has a score of 56 for 2025, rank 1,546 of 4,158 in the sector.
Strongest: Solidity: percentile 100 against peers, equity ratio 100.0% against a median of 41.4%. Liquidity: percentile 99 against peers, current ratio 511.76 against a median of 1.70.
Weakest: Profitability: percentile 15 against peers. Consistency: percentile 18 against peers.
Worth a closer look
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin – (median 7.5%).
- What lies behind weak profitability, and will it last?
- What lies behind weak consistency, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
ODE HOLDING AS had an operating margin of – and an equity ratio of 100.0% in 2025, and ranks 1,546 of 4,158 in Sjømat.
No large changes in the key figures from 2024 to 2025.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 11 MNOK and 883 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 11 MNOK |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 883 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
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin – (median 7.5%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
- watch Revenue not reported
- watch No revenue but large assets
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 | 15 | weight 30% |
|---|---|---|
| Solidity | 100 | weight 25% |
| Liquidity | 99 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 18 | weight 15% |
Durability: 54 (average over 3 years)
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is ODE HOLDING AS?
The operating margin was – in 2025, against a median of 10.6% among medium-sized companies in the same sector. Return on assets was 0.0%. The company made a loss before tax.
How solid is ODE HOLDING AS?
The equity ratio was 100.0% in 2025 (median 41.4%). Debt-to-equity was 0.00 (median 1.37).
What is the liquidity of ODE HOLDING AS like?
The current ratio was 511.76 in 2025 (median 1.70).
How does ODE HOLDING AS compare in Sjømat?
ODE HOLDING AS ranks 1,546 of 4,158 in Sjømat for 2025. Among companies of the same size (medium-sized companies) it ranks 173 of 461.
Group accounts · 2025
47 of 100
Rank 758 of 1300 groups with group accounts. Groups are ranked only against each other, not against single companies.
- Operating revenue, group
- 877 MNOK
- Operating profit, group
- 65 MNOK
- Profit before tax, group
- 13 MNOK
- Total assets, group
- 1,577 MNOK
- Equity, group
- 544 MNOK
| Key figure | The group | The company alone (2025) |
|---|---|---|
| Operating margin | 7.4% | – |
| Return on assets | 5.5% | 0.0% |
| Equity ratio | 34.5% | 100.0% |
| Current ratio | 1.25 | 511.76 |
| Revenue growth | 118.7% | – |
Group index in earlier years: 2023: 23 (1516 of 1687), 2024: 32 (1096 of 1345).
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.
- 923941738
- Legal form
- AS
- Sector
- Sjømat (03.212)
- Size tier
- medium
- Employees
- 0–4 (not registered)
- Founded
- 1 November 2019 6 years in operation
- Share capital
- 16.78 MNOK
- Business address
- Ystenesgata 6B, 6003 ÅLESUND
- Municipality
- Ålesund rank 2–6 of 10 in KOSTRA group 11
- 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
- Ola Kvalheim
- Chair of the board
- Louis Jean N De Clercq
- Board member
- Tor Olav Seim
- Board member
- Jean Francois C Van Hecke Ridder
- Deputy member
- Ola Kvalheim
- Auditor
- TELL 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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 52 | 55 | 56 | |
| Rank | 1,717 | 1,576 | 1,546 | |
| Operating margin | – | – | – | |
| Return on assets | 0.0% | 0.0% | 0.0% | |
| Equity ratio | 100.0% | 100.0% | 100.0% | |
| Current ratio | 815.64 | 181.49 | 511.76 | |
| Revenue growth | – | – | – |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.0 MNOK | – | – |
| Operating profit | −0.1 MNOK | −0.1 MNOK | −0.1 MNOK |
| Profit before tax | −0.1 MNOK | −0.1 MNOK | −0.1 MNOK |
| Net profit | 1.1 MNOK | −1.3 MNOK | 1.1 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | – |
| Total assets | 432.7 MNOK | 738.4 MNOK | 882.7 MNOK |
| Current assets | 9.2 MNOK | 9.1 MNOK | 9.0 MNOK |
| Equity | 432.7 MNOK | 738.4 MNOK | 882.7 MNOK |
| Retained earnings | −4.2 MNOK | – | −4.4 MNOK |
| Total liabilities | 0.0 MNOK | 0.1 MNOK | 0.0 MNOK |
| Current liabilities | 0.0 MNOK | 0.1 MNOK | 0.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7194523.
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