MS FRØY SAGA AS
Score · fiscal year 2025
41of 100
How to read this: the company is ahead of 32 % of small companies in the same sector in 2025. What does this mean?
Rank: 1,071 of 1,589 · Sjøfart
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 53 and solidity 11 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
MS FRØY SAGA AS is 9 points below the median for small companies in the same sector in 2025.
Median score 50 among 1,146 companies.
Against small companies in the same sector in 2025: operating margin 17.0% (median 8.5%) and equity ratio 1.0% (median 50.7%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 82 MNOK | 5 MNOK |
| Operating margin | 17.0% | 8.5% |
| Profit margin | −27.2% | 9.2% |
| Return on assets | 1.7% | 3.1% |
| Equity ratio | 1.0% | 50.7% |
| Debt-to-equity | 98.82 | 0.68 |
| Current ratio | 0.23 | 1.74 |
| Revenue growth | 101,651.5% | 0.4% |
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 41, MS FRØY SAGA AS does better than 32% of small companies in the same sector (1,152 companies) in 2025.
Score 2023–2025
- MS FRØY SAGA AS
- Median: small companies in the same sector
MS FRØY SAGA AS has a score of 41 for 2025, rank 1,071 of 1,589 in the sector.
Strongest: Growth: percentile 100 against peers, revenue growth 101,651.5% against a median of 0.4%.
Weakest: Solidity: percentile 11 against peers, equity ratio 1.0% against a median of 50.7%. Liquidity: percentile 16 against peers, current ratio 0.23 against a median of 1.74.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 4.3 times current assets. Based on: current ratio 0.23 (median 1.74).
- The equity ratio is very low. Could the company absorb a bad year, and does it need more equity? Based on: equity ratio 1.0% (median 50.7%).
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −27.2% (median 9.2%).
- What lies behind weak solidity, 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
MS FRØY SAGA AS had an operating margin of 17.0% and an equity ratio of 1.0% in 2025, and ranks 1,071 of 1,589 in Sjøfart.
From 2024 to 2025: revenue grew by 101,652% and the operating margin rose from 0.0% to 17.0%.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 8 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | debt above value |
| P/B | 1.0 | 8 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
- critical
Consider strengthening liquidity: current liabilities are 4.3 times current assets.
Based on: Current ratio 0.23 (median 1.74).
- watch
The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?
Based on: Equity ratio 1.0% (median 50.7%).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −27.2% (median 9.2%).
- 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 101,651.5% (median 0.4%); Current ratio 0.23 (median 1.74).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
No anomalies found in the figures.
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 6.1%. 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 | 53 | weight 30% |
|---|---|---|
| Solidity | 11 | weight 25% |
| Liquidity | 16 | weight 15% |
| Growth | 100 | weight 15% |
| Consistency | 36 | weight 15% |
Durability: 36 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is MS FRØY SAGA AS?
The operating margin was 17.0% in 2025, against a median of 8.5% among small companies in the same sector. Return on assets was 1.7%. The company made a loss before tax.
How solid is MS FRØY SAGA AS?
The equity ratio was 1.0% in 2025 (median 50.7%). Debt-to-equity was 98.82 (median 0.68).
What is the liquidity of MS FRØY SAGA AS like?
The current ratio was 0.23 in 2025 (median 1.74). Current assets did not cover current liabilities.
How does MS FRØY SAGA AS compare in Sjøfart?
MS FRØY SAGA AS ranks 1,071 of 1,589 in Sjøfart for 2025. Among companies of the same size (small companies) it ranks 783 of 1,152. Revenue changed by 101,651.5% from the year before.
From the Central Coordinating Register
- Org. no.
- 925105600
- Legal form
- AS
- Sector
- Sjøfart (50.202)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 30 March 2020 6 years in operation
- Share capital
- 0.04 MNOK
- Business address
- Fjordgata 8, 7900 RØRVIK (NÆRØYSUND)
- Municipality
- Nærøysund rank 1–7 of 9 in KOSTRA group 3
- 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
- Gottfred Langseth
- Board member
- Kjersti Holmvik
- Auditor
- ERNST & YOUNG 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 | 41 | 26 | 41 | |
| Rank | 883 | 1,251 | 1,071 | |
| Operating margin | – | 0.0% | 17.0% | |
| Return on assets | 27.1% | 0.0% | 1.7% | |
| Equity ratio | 7.3% | 6.8% | 1.0% | |
| Current ratio | 0.01 | 0.01 | 0.23 | |
| Revenue growth | – | – | 101,651.5% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | −0.2 MNOK | 0.1 MNOK | 81.8 MNOK |
| Operating profit | 0.0 MNOK | 0.0 MNOK | 13.9 MNOK |
| Profit before tax | 16.0 MNOK | 0.0 MNOK | −22.2 MNOK |
| Net profit | 16.1 MNOK | 0.0 MNOK | −22.2 MNOK |
| Financial expenses | 99.3 MNOK | – | 36.2 MNOK |
| Total assets | 426.2 MNOK | 446.5 MNOK | 801.9 MNOK |
| Current assets | 1.8 MNOK | 0.7 MNOK | 41.3 MNOK |
| Equity | 30.9 MNOK | 30.3 MNOK | 8.0 MNOK |
| Retained earnings | 24.5 MNOK | 23.9 MNOK | 1.6 MNOK |
| Total liabilities | 395.3 MNOK | 416.3 MNOK | 793.9 MNOK |
| Current liabilities | 282.5 MNOK | 48.5 MNOK | 176.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7110533.
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