SALMON EVOLUTION ASA
Score · fiscal year 2024
61of 100
How to read this: the company is ahead of 72 % of small companies in the same sector in 2024. What does this mean?
Rank: 1,097 of 3,976 · Sjømat
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 34 and solidity 86 out of 100 among small companies in the same sector in 2024. Methodology
Against the sector
SALMON EVOLUTION ASA is 11 points above the median for small companies in the same sector in 2024.
Median score 50 among 3,476 companies.
Against small companies in the same sector in 2024: operating margin −133.7% (median 3.7%) and equity ratio 93.1% (median 35.6%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 33 MNOK | 1 MNOK |
| Operating margin | −133.7% | 3.7% |
| Profit margin | 214.9% | 0.8% |
| Return on assets | 3.0% | 1.2% |
| Equity ratio | 93.1% | 35.6% |
| Debt-to-equity | 0.07 | 0.96 |
| Current ratio | 3.53 | 1.52 |
| Revenue growth | 13.2% | −5.9% |
| Revenue per employee | 1.04 MNOK | 1.56 MNOK |
The median and “ahead of” refer to small companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 61, SALMON EVOLUTION ASA does better than 72% of small companies in the same sector (3,481 companies) in 2024.
Score 2023–2025
- SALMON EVOLUTION ASA
- Median: small companies in the same sector
What the numbers say
SALMON EVOLUTION ASA had an operating margin of −133.7% and an equity ratio of 93.1% in 2024, and ranks 1,097 of 3,976 in Sjømat.
From 2023 to 2024: the operating margin rose from −211.0% to −133.7% and revenue grew by 13%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 714 MNOK and 2,586 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 714 MNOK |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 2,586 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 operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin −133.7% (median 3.7%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 6.4% of the debt in 2024. The policy rate averaged 4.50 % 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
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 | 34 | weight 30% |
|---|---|---|
| Solidity | 86 | weight 25% |
| Liquidity | 71 | weight 15% |
| Growth | 70 | weight 15% |
| Consistency | 57 | weight 15% |
Durability: 58 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is SALMON EVOLUTION ASA?
The operating margin was −133.7% in 2024, against a median of 3.7% among small companies in the same sector. Return on assets was 3.0%.
How solid is SALMON EVOLUTION ASA?
The equity ratio was 93.1% in 2024 (median 35.6%). Debt-to-equity was 0.07 (median 0.96).
What is the liquidity of SALMON EVOLUTION ASA like?
The current ratio was 3.53 in 2024 (median 1.52).
How does SALMON EVOLUTION ASA compare in Sjømat?
SALMON EVOLUTION ASA ranks 1,097 of 3,976 in Sjømat for 2024. Among companies of the same size (small companies) it ranks 960 of 3,481. Revenue changed by 13.2% from the year before.
Group accounts · 2025
21 of 100
Rank 1251 of 1326 groups with group accounts. Groups are ranked only against each other, not against single companies.
- Operating revenue, group
- 326 MNOK
- Operating profit, group
- −143 MNOK
- Profit before tax, group
- −172 MNOK
- Total assets, group
- 4,216 MNOK
- Equity, group
- 2,063 MNOK
| Key figure | The group | The company alone (2024) |
|---|---|---|
| Operating margin | −43.9% | – |
| Return on assets | −3.2% | – |
| Equity ratio | 48.9% | – |
| Current ratio | 0.84 | – |
| Revenue growth | −30.9% | – |
Group index in earlier years: 2023: 44 (1004 of 1716), 2024: 54 (573 of 1371).
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 12–22 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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 55 | 61 | 48 | |
| Rank | 1,519 | 1,097 | 2,199 | |
| Operating margin | −211.0% | −133.7% | −128.4% | |
| Return on assets | 0.6% | 3.0% | 3.3% | |
| Equity ratio | 93.9% | 93.1% | 87.7% | |
| Current ratio | 4.52 | 3.53 | 1.33 | |
| Revenue growth | – | 13.2% | 3.1% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 29.4 MNOK | 33.2 MNOK | 34.3 MNOK |
| Operating profit | −62.0 MNOK | −44.5 MNOK | −44.0 MNOK |
| Profit before tax | 3.4 MNOK | 71.4 MNOK | 73.1 MNOK |
| Net profit | 4.1 MNOK | 71.4 MNOK | 57.6 MNOK |
| Financial expenses | 11.5 MNOK | 12.1 MNOK | 27.5 MNOK |
| Total assets | 2,305.4 MNOK | 2,776.5 MNOK | 3,015.3 MNOK |
| Current assets | 497.9 MNOK | 572.7 MNOK | 452.3 MNOK |
| Equity | 2,164.5 MNOK | 2,586.1 MNOK | 2,645.5 MNOK |
| Retained earnings | 30.3 MNOK | 101.8 MNOK | 159.4 MNOK |
| Total liabilities | 141.0 MNOK | 190.4 MNOK | 369.8 MNOK |
| Current liabilities | 110.2 MNOK | 162.1 MNOK | 340.7 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6029077.
Further
Similar companies
- RÅNES KYSTFISKE AS index 61, rank 1,088 · compare
- THERMO SERVICE AS index 61, rank 1,094 · compare
- SØRVÆR FISKERISELSKAP AS index 61, rank 1,095 · compare
- STADION LAKS AS index 61, rank 1,096 · compare
- BIFROST K. I. AS index 61, rank 1,098 · compare