Sea Fish Group AS
Accounts for 2025 are missing. The deadline was 31 July 2026. The Brønnøysund Register Centre does not publish when accounts arrived, only the latest year filed.
Score · fiscal year 2024
75of 100
How to read this: the company is ahead of 90 % of companies in the Morning class Small in the same sector in 2024. What does this mean?
Rank in the Morning class Small: 43 of 417 · What are Morning company classes?
Place in the whole sector: 184 of 1,994 · Sjømat
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 99 and solidity 72 out of 100 among companies in the Morning class Small in the same sector in 2024. Methodology
Against the sector
Sea Fish Group AS is 24 points above the median for companies in the Morning class Small in the same sector in 2024.
Median score 51 among 417 companies.
Against companies in the Morning class Small in the same sector in 2024: operating margin 85.8% (median 8.8%) and equity ratio 50.5% (median 29.0%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 13 MNOK | 22 MNOK |
| Operating margin | 85.8% | 8.8% |
| Profit margin | 85.6% | 2.9% |
| Return on assets | 79.0% | 4.9% |
| Equity ratio | 50.5% | 29.0% |
| Debt-to-equity | 0.98 | 2.14 |
| Current ratio | 0.56 | 1.64 |
| Revenue growth | 137.3% | 0.6% |
The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 75, Sea Fish Group AS does better than 90% of companies in the Morning class Small in the same sector (417 companies) in 2024.
Score 2022–2024
- Sea Fish Group AS
- Median: companies in the Morning class Small in the same sector
Sea Fish Group AS has a score of 75 for 2024, rank 184 of 1,994 in the sector.
Strongest: Profitability: percentile 99 against peers, operating margin 85.8% against a median of 8.8%. Growth: percentile 94 against peers, revenue growth 137.3% against a median of 0.6%.
Weakest: Liquidity: percentile 14 against peers, current ratio 0.56 against a median of 1.64.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 1.8 times current assets. Based on: current ratio 0.56 (median 1.64).
- Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have? Based on: revenue growth 137.3% (median 0.6%); current ratio 0.56 (median 1.64).
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
Sea Fish Group AS had an operating margin of 85.8% and an equity ratio of 50.5% in 2024, and ranks 184 of 1,994 in Sjømat.
From 2023 to 2024: revenue grew by 137% and the equity ratio rose from 2.0% to 50.5%.
Sea Fish Group AS did better than the sector in 2022, the sector's weakest year.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 8 MNOK and 45 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 16.9 | 35 MNOK |
| EV/EBIT | 17.0 | 45 MNOK |
| P/B | 2.2 | 8 MNOK |
The listed basis is the value at listed multiples. The estimate is lowered by 51% for an unlisted company: 20% for lack of marketability and 38% for size (a small-company premium of 4% on the cost of equity).
A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. See the calculation
Worth a closer look
- watch
Consider strengthening liquidity: current liabilities are 1.8 times current assets.
Based on: Current ratio 0.56 (median 1.64).
- 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 137.3% (median 0.6%); Current ratio 0.56 (median 1.64).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.3% 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.
See interest rates, prices and exchange rates for the sector
Data quality
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
The operating margin was 23.2% in 2022 (sector median −0.5%), and the equity ratio 19.9%. In the other years the operating margin averaged 87.9%.
The sector's weakest year was 2022, with a median operating margin of −0.5%. 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 | 99 | weight 30% |
|---|---|---|
| Solidity | 72 | weight 25% |
| Liquidity | 14 | weight 15% |
| Growth | 94 | weight 15% |
| Consistency | 72 | weight 15% |
Durability: 64 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Sea Fish Group AS?
The operating margin was 85.8% in 2024, against a median of 8.8% among companies in the Morning class Small in the same sector. Return on assets was 79.0%.
How solid is Sea Fish Group AS?
The equity ratio was 50.5% in 2024 (median 29.0%). Debt-to-equity was 0.98 (median 2.14).
What is the liquidity of Sea Fish Group AS like?
The current ratio was 0.56 in 2024 (median 1.64). Current assets did not cover current liabilities.
How does Sea Fish Group AS compare in Sjømat?
Sea Fish Group AS ranks 184 of 1,994 in Sjømat for 2024. Among companies in the Morning class Small it is number 43 of 417. Revenue changed by 137.3% from the year before.
From the Central Coordinating Register
- Org. no.
- 926907425
- Legal form
- AS
- Sector
- Sjømat (03.110)
- Morning company class
- Small
- Employees
- 0–4 (not registered)
- Founded
- 16 March 2021 5 years in operation
- Share capital
- 0.03 MNOK
- Business address
- c/o View Ledger, Notenesgata 14, 6002 ÅLESUND
- Municipality
- Ålesund rank 2–6 of 10 in KOSTRA group 11
- Latest accounts filed
- 2024
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
Loading roles …
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
Shareholders (2025)
- Number of shareholders
- 1 (one owner)
- Largest owner
- 100.0%
- Split
- companies 100% · private persons 0% · foreign 0%
- Owned from the same municipality
- 100%
- Group chain
-
Owned by: Sea Group AS (100%)
Ultimate owner: private person
- Sea Group AS · 100.0%
The company is new in the shareholder register in 2025.
Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.
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 27 October 2026.
Year by year · 2022–2024
| Key figure | 2022 | 2023 | 2024 | Trend |
|---|---|---|---|---|
| Index | – | 54 | 75 | |
| Rank | – | 878 | 184 | |
| Operating margin | 23.2% | 90.0% | 85.8% | |
| Return on assets | 20.3% | 275.0% | 79.0% | |
| Equity ratio | 19.9% | 2.0% | 50.5% | |
| Current ratio | 0.24 | 0.20 | 0.56 | |
| Revenue growth | – | 597.1% | 137.3% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2022 | 2023 | 2024 |
|---|---|---|---|
| Operating revenue | 0.8 MNOK | 5.5 MNOK | 13.0 MNOK |
| Operating profit | 0.2 MNOK | 4.9 MNOK | 11.2 MNOK |
| Profit before tax | 0.2 MNOK | 4.9 MNOK | 11.2 MNOK |
| Tax expense | 0.0 MNOK | 1.1 MNOK | 2.5 MNOK |
| Net profit | 0.1 MNOK | 3.9 MNOK | 8.7 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 0.9 MNOK | 1.8 MNOK | 14.2 MNOK |
| Current assets | 0.2 MNOK | 0.1 MNOK | 2.3 MNOK |
| Equity | 0.2 MNOK | 0.0 MNOK | 7.2 MNOK |
| Retained earnings | 0.2 MNOK | 0.0 MNOK | 7.1 MNOK |
| Total liabilities | 0.7 MNOK | 1.8 MNOK | 7.0 MNOK |
| Current liabilities | 0.7 MNOK | 0.6 MNOK | 4.1 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 6046593.
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