SALMON EVOLUTION ASA

Org. no. 925344877 · HUSTADVIKA · Founded 2020 · 32 employees

Score · fiscal year 2023

55of 100

How to read this: the company is ahead of 59 % of small companies in the same sector in 2023. What does this mean?

Rank: 1,519 of 3,738 · Sjømat

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 25 and solidity 88 out of 100 among small companies in the same sector in 2023. Methodology

Against the sector

SALMON EVOLUTION ASA is 5 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 −211.0% (median 9.0%) and equity ratio 93.9% (median 35.9%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue29 MNOK2 MNOK
Operating margin −211.0% 9.0% 8 %
Profit margin 11.5% 5.5% shown, not part of the index
Return on assets 0.6% 2.7% 43 %
Equity ratio 93.9% 35.9% 89 %
Debt-to-equity 0.07 1.08 87 %
Current ratio 4.52 1.66 76 %
Revenue growth – 10.5% not compared
Revenue per employee0.92 MNOK1.60 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 55, SALMON EVOLUTION ASA does better than 59% of small companies in the same sector (3,284 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • SALMON EVOLUTION ASA
  • Median: small companies in the same sector
Analysis · 2023

What the numbers say

SALMON EVOLUTION ASA had an operating margin of −211.0% and an equity ratio of 93.9% in 2023, and ranks 1,519 of 3,738 in Sjømat.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 41 MNOK and 2,164 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 4.1 MNOK 10.0 41 MNOK
EV/EBIT Operating profit: −62.0 MNOK 8.0 not meaningful
P/B Equity: 2,164.5 MNOK 1.0 2,164 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 · 2023

Worth a closer look

  • watch

    The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?

    Based on: Operating margin −211.0% (median 9.0%).

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

Financial costs were 8.2% 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

  • watch Extreme margin: check 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 −5.0%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability25 weight 30%
Solidity88 weight 25%
Liquidity76 weight 15%
Growth– no data, left out
Consistency38 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2023

Questions and answers

How profitable is SALMON EVOLUTION ASA?

The operating margin was −211.0% in 2023, against a median of 9.0% among small companies in the same sector. Return on assets was 0.6%.

How solid is SALMON EVOLUTION ASA?

The equity ratio was 93.9% in 2023 (median 35.9%). Debt-to-equity was 0.07 (median 1.08).

What is the liquidity of SALMON EVOLUTION ASA like?

The current ratio was 4.52 in 2023 (median 1.66).

How does SALMON EVOLUTION ASA compare in Sjømat?

SALMON EVOLUTION ASA ranks 1,519 of 3,738 in Sjømat for 2023. Among companies of the same size (small companies) it ranks 1,338 of 3,284.

Group accounts · 2025

20 of 100

Rank 1028 of 1087 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 (2023)
Operating margin−43.9% –
Return on assets−3.2% –
Equity ratio48.9% –
Current ratio0.84 –
Revenue growth−30.9% –

Group index in earlier years: 2023: 44 (794 of 1358), 2024: 54 (458 of 1107).

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).

Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.

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

From the Central Coordinating Register

Org. no.
925344877
Legal form
ASA · part of a group
Sector
Sjømat (03.211)
Size tier
small
Employees
32 registered 10 October 2026
Founded
3 July 2020 6 years in operation
Share capital
27.70 MNOK
Business address
Torget 5, 6440 ELNESVÅGEN (HUSTADVIKA)
Municipality
Hustadvika rank 13–23 of 38 in KOSTRA group 7
Latest accounts filed
2025
LEI
549300P2OB7L255PF765 renews 27 July 2027

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
Trond Håkon Schaug-Pettersen
Chair of the board
Tore Andreas Frøysa Tønseth
Board member
Peder Stette
Board member
Anne Breiby
Board member
Eunhong Min
Board member
Ingvild Vartdal
Board member
Vibecke Bondø
Board member
Jan-Emil Johannessen
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
Index556148
Rank1,5191,0972,198
Operating margin−211.0%−133.7%−128.4%
Return on assets0.6%3.0%3.3%
Equity ratio93.9%93.1%87.7%
Current ratio4.523.531.33
Revenue growth–13.2%3.1%

Accounts

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

Key figure202320242025
Operating revenue29.4 MNOK33.2 MNOK34.3 MNOK
Operating profit−62.0 MNOK−44.5 MNOK−44.0 MNOK
Profit before tax3.4 MNOK71.4 MNOK73.1 MNOK
Net profit4.1 MNOK71.4 MNOK57.6 MNOK
Financial expenses11.5 MNOK12.1 MNOK27.5 MNOK
Total assets2,305.4 MNOK2,776.5 MNOK3,015.3 MNOK
Current assets497.9 MNOK572.7 MNOK452.3 MNOK
Equity2,164.5 MNOK2,586.1 MNOK2,645.5 MNOK
Retained earnings30.3 MNOK101.8 MNOK159.4 MNOK
Total liabilities141.0 MNOK190.4 MNOK369.8 MNOK
Current liabilities110.2 MNOK162.1 MNOK340.7 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5352767.

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