KLAVENESS DRY BULK AS
Score · fiscal year 2025
33of 100
How to read this: the company is ahead of 16 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 1,626 of 2,035 · Sjøfart
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 4 and solidity 67 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
KLAVENESS DRY BULK AS is 15 points below the median for medium-sized companies in the same sector in 2025.
Median score 48 among 455 companies.
Against medium-sized companies in the same sector in 2025: operating margin −4.2% (median 22.9%) and equity ratio 74.3% (median 50.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 163 MNOK | 197 MNOK |
| Operating margin | −4.2% | 22.9% |
| Profit margin | −4.7% | 13.4% |
| Return on assets | −2.5% | 7.5% |
| Equity ratio | 74.3% | 50.4% |
| Debt-to-equity | 0.35 | 0.85 |
| Current ratio | 0.78 | 1.33 |
| Revenue growth | −4.7% | 2.4% |
| Revenue per employee | 16.33 MNOK | 2.66 MNOK |
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 33, KLAVENESS DRY BULK AS does better than 16% of medium-sized companies in the same sector (455 companies) in 2025.
Score 2023–2025
- KLAVENESS DRY BULK AS
- Median: medium-sized companies in the same sector
KLAVENESS DRY BULK AS has a score of 33 for 2025, rank 1,626 of 2,035 in the sector.
Strongest: Solidity: percentile 67 against peers, equity ratio 74.3% against a median of 50.4%.
Weakest: Profitability: percentile 4 against peers, operating margin −4.2% against a median of 22.9%. Liquidity: percentile 25 against peers, current ratio 0.78 against a median of 1.33.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 1.3 times current assets. Based on: current ratio 0.78 (median 1.33).
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −4.7% (median 13.4%).
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin −4.2% (median 22.9%).
- What lies behind weak profitability, and will it last?
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
KLAVENESS DRY BULK AS had an operating margin of −4.2% and an equity ratio of 74.3% in 2025, and ranks 1,626 of 2,035 in Sjøfart.
From 2024 to 2025: went from a profit to a loss before tax and the operating margin fell from 5.0% to −4.2%.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 15 MUSD.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 15 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
Worth a closer look
- watch
Consider strengthening liquidity: current liabilities are 1.3 times current assets.
Based on: Current ratio 0.78 (median 1.33).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −4.7% (median 13.4%).
- 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 −4.2% (median 22.9%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 4.0% 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
Scenario analysis: the sector's weakest year
We have no accounts for 2026, the sector's weakest year, for this company.
The sector's weakest year was 2026, with a median operating margin of 6.1%. Based on the 7 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 4 | weight 30% |
|---|---|---|
| Solidity | 67 | weight 25% |
| Liquidity | 25 | weight 15% |
| Growth | 29 | weight 15% |
| Consistency | 45 | weight 15% |
Durability: 46 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is KLAVENESS DRY BULK AS?
The operating margin was −4.2% in 2025, against a median of 22.9% among medium-sized companies in the same sector. Return on assets was −2.5%. The company made a loss before tax.
How solid is KLAVENESS DRY BULK AS?
The equity ratio was 74.3% in 2025 (median 50.4%). Debt-to-equity was 0.35 (median 0.85).
What is the liquidity of KLAVENESS DRY BULK AS like?
The current ratio was 0.78 in 2025 (median 1.33). Current assets did not cover current liabilities.
How does KLAVENESS DRY BULK AS compare in Sjøfart?
KLAVENESS DRY BULK AS ranks 1,626 of 2,035 in Sjøfart for 2025. Among companies of the same size (medium-sized companies) it ranks 381 of 455. Revenue changed by −4.7% from the year before.
Group accounts · 2025
24 of 100
Rank 1148 of 1255 groups with group accounts. Groups are ranked only against each other, not against single companies.
The group accounts are in USD. We show ratios, not amounts.
| Key figure | The group | The company alone (2025) |
|---|---|---|
| Operating margin | −7.1% | −4.2% |
| Return on assets | −7.0% | −2.5% |
| Equity ratio | 34.9% | 74.3% |
| Current ratio | 1.48 | 0.78 |
| Revenue growth | −38.8% | −4.7% |
Group index in earlier years: 2023: 47 (877 of 1625), 2024: 32 (1071 of 1296).
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).
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 928221830
- Legal form
- AS
- Sector
- Sjøfart (50.201)
- Size tier
- medium
- Employees
- 10 registered 10 September 2026
- Founded
- 12 November 2021 4 years in operation
- Share capital
- 0.20 MNOK
- Business address
- Drammensveien 260, 0283 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
- Chief executive
- Petter Markussen
- Chair of the board
- Ernst André Meyer
- Board member
- Adriana Nadia Furdui-Næss
- Board member
- Tomohiro Endo
- 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 27 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 56 | 49 | 33 | |
| Rank | 654 | 1,008 | 1,626 | |
| Operating margin | 1.0% | 5.0% | −4.2% | |
| Return on assets | 29.4% | 4.6% | −2.5% | |
| Equity ratio | 81.6% | 87.0% | 74.3% | |
| Current ratio | 0.71 | 0.90 | 0.78 | |
| Revenue growth | – | 4.1% | −4.7% |
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 figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 15.8 MUSD | 16.5 MUSD | 15.7 MUSD |
| Operating profit | 0.2 MUSD | 0.8 MUSD | −0.7 MUSD |
| Profit before tax | 5.5 MUSD | 0.9 MUSD | −0.7 MUSD |
| Net profit | 5.4 MUSD | 0.7 MUSD | −0.6 MUSD |
| Financial expenses | 0.0 MUSD | – | 0.2 MUSD |
| Total assets | 18.9 MUSD | 18.5 MUSD | 20.8 MUSD |
| Current assets | 2.5 MUSD | 2.2 MUSD | 4.2 MUSD |
| Equity | 15.4 MUSD | 16.1 MUSD | 15.5 MUSD |
| Retained earnings | 4.3 MUSD | 5.0 MUSD | 4.4 MUSD |
| Total liabilities | 3.5 MUSD | 2.4 MUSD | 5.3 MUSD |
| Current liabilities | 3.5 MUSD | 2.4 MUSD | 5.3 MUSD |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 6387369.
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