OLYMPIC OFFSHORE WIND AS

Org. no. 925504106 · HERØY · Founded 2020

Score · fiscal year 2023

70of 100

How to read this: the company is ahead of 86 % of medium-sized companies in the same sector in 2023. What does this mean?

Rank: 77 of 565 · Olje og gass

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 89 and solidity 37 out of 100 among medium-sized companies in the same sector in 2023. Methodology

Against the sector

OLYMPIC OFFSHORE WIND AS is 22 points above the median for medium-sized companies in the same sector in 2023.

Median score 48 among 132 companies.

Against medium-sized companies in the same sector in 2023: operating margin 75.7% (median 7.8%) and equity ratio 23.9% (median 33.9%).

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 revenue126 MNOK231 MNOK
Operating margin 75.7% 7.8% 91 %
Profit margin 63.4% 8.1% shown, not part of the index
Return on assets 30.5% 9.0% 88 %
Equity ratio 23.9% 33.9% 39 %
Debt-to-equity 3.19 1.59 34 %
Current ratio 9.97 1.26 90 %
Revenue growth – 15.0% not compared

The median and “ahead of” refer to medium-sized companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 70, OLYMPIC OFFSHORE WIND AS does better than 86% of medium-sized companies in the same sector (132 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • OLYMPIC OFFSHORE WIND AS
  • Median: medium-sized companies in the same sector
Analysis · 2023

What the numbers say

OLYMPIC OFFSHORE WIND AS had an operating margin of 75.7% and an equity ratio of 23.9% in 2023, and ranks 77 of 565 in Olje og gass.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 81 MNOK and 576 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 49.7 MNOK 10.0 497 MNOK
EV/EBIT Operating profit: 95.4 MNOK
minus net debt 187.2 MNOK
8.0 576 MNOK
P/B Equity: 80.9 MNOK 1.0 81 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

No rules were triggered for this year.

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

Data quality

No anomalies found in 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 1.5%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability89 weight 30%
Solidity37 weight 25%
Liquidity90 weight 15%
Growth– no data, left out
Consistency64 weight 15%

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

2023

Questions and answers

How profitable is OLYMPIC OFFSHORE WIND AS?

The operating margin was 75.7% in 2023, against a median of 7.8% among medium-sized companies in the same sector. Return on assets was 30.5%.

How solid is OLYMPIC OFFSHORE WIND AS?

The equity ratio was 23.9% in 2023 (median 33.9%). Debt-to-equity was 3.19 (median 1.59).

What is the liquidity of OLYMPIC OFFSHORE WIND AS like?

The current ratio was 9.97 in 2023 (median 1.26).

How does OLYMPIC OFFSHORE WIND AS compare in Olje og gass?

OLYMPIC OFFSHORE WIND AS ranks 77 of 565 in Olje og gass for 2023. Among companies of the same size (medium-sized companies) it ranks 19 of 132.

From the Central Coordinating Register

Org. no.
925504106
Legal form
AS
Sector
Olje og gass (09.109)
Size tier
medium
Employees
0–4 (not registered)
Founded
6 August 2020 6 years in operation
Share capital
15.03 MNOK
Business address
Fosnavåg Brygge, 6090 FOSNAVÅG (HERØY)
Municipality
Herøy (Møre og Romsdal) rank 29 of 40 in KOSTRA group 1
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
Stig Rune Remøy
Auditor
BDO 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.

Report an issue

Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index707452
Rank7729250
Operating margin75.7%79.5%52.8%
Return on assets30.5%38.4%18.5%
Equity ratio23.9%34.2%30.7%
Current ratio9.974.261.68
Revenue growth–42.2%−38.8%

Accounts

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

Key figure202320242025
Operating revenue126.1 MNOK179.4 MNOK109.7 MNOK
Operating profit95.4 MNOK142.6 MNOK57.9 MNOK
Profit before tax80.0 MNOK118.8 MNOK51.4 MNOK
Net profit49.7 MNOK117.8 MNOK51.4 MNOK
Financial expenses23.3 MNOK31.3 MNOK18.1 MNOK
Total assets338.7 MNOK390.4 MNOK375.0 MNOK
Current assets123.1 MNOK154.4 MNOK131.0 MNOK
Equity80.9 MNOK133.7 MNOK115.1 MNOK
Retained earnings49.7 MNOK118.7 MNOK100.1 MNOK
Total liabilities257.8 MNOK256.7 MNOK259.9 MNOK
Current liabilities12.3 MNOK36.3 MNOK78.2 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5144173.