SEAWAY VENTUS AS

Org. no. 925149004 · OSLO · Founded 2020

Score · fiscal year 2025

52of 100

How to read this: the company is ahead of 55 % of medium-sized companies in the same sector in 2025. What does this mean?

Rank: 15,166 of 32,580 · Bygg og anlegg

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 75 and solidity 49 out of 100 among medium-sized companies in the same sector in 2025. Methodology

Against the sector

SEAWAY VENTUS AS is 2 points above the median for medium-sized companies in the same sector in 2025.

Median score 50 among 1,024 companies.

Against medium-sized companies in the same sector in 2025: operating margin 70.3% (median 4.6%) and equity ratio 30.8% (median 31.2%).

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 revenue410 MNOK176 MNOK
Operating margin 70.3% 4.6% 100 %
Profit margin 34.2% 4.6% shown, not part of the index
Return on assets 10.8% 10.7% 50 %
Equity ratio 30.8% 31.2% 49 %
Debt-to-equity 2.25 2.19 49 %
Current ratio 0.05 1.36 2 %
Revenue growth 24.9% 6.6% 74 %

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 52, SEAWAY VENTUS AS does better than 55% of medium-sized companies in the same sector (1,030 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • SEAWAY VENTUS AS
  • Median: medium-sized companies in the same sector
Summary analysis

SEAWAY VENTUS AS has a score of 52 for 2025, rank 15,166 of 32,580 in the sector.

Strongest: Profitability: percentile 75 against peers, operating margin 70.3% against a median of 4.6%. Growth: percentile 74 against peers, revenue growth 24.9% against a median of 6.6%.

Weakest: Liquidity: percentile 2 against peers, current ratio 0.05 against a median of 1.36. Consistency: percentile 39 against peers.

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

SEAWAY VENTUS AS had an operating margin of 70.3% and an equity ratio of 30.8% in 2025, and ranks 15,166 of 32,580 in Bygg og anlegg.

From 2024 to 2025: revenue grew by 25% and the operating margin fell from 74.0% to 70.3%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 80 MUSD and 135 MUSD.

MethodInputMultipleEstimate
P/E Net profit: 13.5 MUSD 10.0 135 MUSD
EV/EBIT Operating profit: 27.8 MUSD 8.0 missing
P/B Equity: 79.5 MUSD 1.0 80 MUSD

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

  • critical

    Consider strengthening liquidity: current liabilities are 19.0 times current assets.

    Based on: Current ratio 0.05 (median 1.36).

  • 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 24.9% (median 6.6%); Current ratio 0.05 (median 1.36).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 8.0% of the debt in 2025. The policy rate averaged 4.30 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.

Data quality

  • watch Reports in a currency other than NOK
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 2.4%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability75 weight 30%
Solidity49 weight 25%
Liquidity2 weight 15%
Growth74 weight 15%
Consistency39 weight 15%

Durability: 38 (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 SEAWAY VENTUS AS?

The operating margin was 70.3% in 2025, against a median of 4.6% among medium-sized companies in the same sector. Return on assets was 10.8%.

How solid is SEAWAY VENTUS AS?

The equity ratio was 30.8% in 2025 (median 31.2%). Debt-to-equity was 2.25 (median 2.19).

What is the liquidity of SEAWAY VENTUS AS like?

The current ratio was 0.05 in 2025 (median 1.36). Current assets did not cover current liabilities.

How does SEAWAY VENTUS AS compare in Bygg og anlegg?

SEAWAY VENTUS AS ranks 15,166 of 32,580 in Bygg og anlegg for 2025. Among companies of the same size (medium-sized companies) it ranks 460 of 1,030. Revenue changed by 24.9% from the year before.

From the Central Coordinating Register

Org. no.
925149004
Legal form
AS
Sector
Bygg og anlegg (42.221)
Size tier
medium
Employees
0–4 (not registered)
Founded
20 May 2020 6 years in operation
Share capital
0.18 MNOK
Business address
Askekroken 11, 0277 OSLO
Municipality
Oslo rank 63–221 of 357 in Norway
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
Maria Cortadellas Eidesvik
Board member
Bjarne Leonard Tofte
Board member
John Alexander Gordon
Auditor
ERNST & YOUNG 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.

Report an issue

Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index214152
Rank24,96820,70915,166
Operating margin–74.0%70.3%
Return on assets−0.2%9.1%10.8%
Equity ratio23.4%25.7%30.8%
Current ratio0.010.000.05
Revenue growth––24.9%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (USD). Revenue in NOK is converted from USD at the mean rate for the accounting period 1 January 2025–31 December 2025: 10.3912 (norges_bank). Balance-sheet amounts use the rate on the balance-sheet date. Ratios and growth are computed in USD. Exchange rates at Norges Bank

Key figure202320242025
Operating revenue–31.6 MUSD39.5 MUSD
Operating profit−0.4 MUSD23.4 MUSD27.8 MUSD
Profit before tax−2.3 MUSD6.0 MUSD13.5 MUSD
Net profit−2.4 MUSD6.0 MUSD13.5 MUSD
Financial expenses1.9 MUSD17.5 MUSD14.3 MUSD
Total assets256.5 MUSD257.3 MUSD258.4 MUSD
Current assets1.2 MUSD0.0 MUSD9.4 MUSD
Equity60.1 MUSD66.0 MUSD79.5 MUSD
Retained earnings−8.9 MUSD−3.0 MUSD10.5 MUSD
Total liabilities196.4 MUSD191.3 MUSD178.8 MUSD
Current liabilities196.4 MUSD191.3 MUSD178.8 MUSD

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7145365.