FLIPPER PSV AS
Score · fiscal year 2025
49of 100
How to read this: the company is ahead of 47 % of small companies in the same sector in 2025. What does this mean?
Rank: 533 of 1,016 · Sjøfart
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 15 and solidity 93 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
FLIPPER PSV AS is 1 points below the median for small companies in the same sector in 2025.
Median score 50 among 705 companies.
Against small companies in the same sector in 2025: operating margin −8.6% (median 11.0%) and equity ratio 95.2% (median 44.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 54 MNOK | 21 MNOK |
| Operating margin | −8.6% | 11.0% |
| Profit margin | −14.2% | 9.1% |
| Return on assets | −3.9% | 7.6% |
| Equity ratio | 95.2% | 44.4% |
| Debt-to-equity | 0.05 | 1.04 |
| Current ratio | 7.17 | 1.67 |
| Revenue growth | −51.7% | 2.9% |
The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 49, FLIPPER PSV AS does better than 47% of small companies in the same sector (705 companies) in 2025.
Score 2023–2025
- FLIPPER PSV AS
- Median: small companies in the same sector
FLIPPER PSV AS has a score of 49 for 2025, rank 533 of 1,016 in the sector.
Strongest: Solidity: percentile 93 against peers, equity ratio 95.2% against a median of 44.4%. Liquidity: percentile 86 against peers, current ratio 7.17 against a median of 1.67.
Weakest: Growth: percentile 4 against peers, revenue growth −51.7% against a median of 2.9%. Profitability: percentile 15 against peers, operating margin −8.6% against a median of 11.0%.
Worth a closer look
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −14.2% (median 9.1%).
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin −8.6% (median 11.0%).
- What lies behind weak growth, and will it last?
- 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
FLIPPER PSV AS had an operating margin of −8.6% and an equity ratio of 95.2% in 2025, and ranks 533 of 1,016 in Sjøfart.
From 2024 to 2025: the operating margin fell from 52.1% to −8.6% and went from a profit to a loss before tax.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 65 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 65 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 company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −14.2% (median 9.1%).
- 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 −8.6% (median 11.0%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 150.1% 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
No anomalies found in 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 5.1%. 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 | 15 | weight 30% |
|---|---|---|
| Solidity | 93 | weight 25% |
| Liquidity | 86 | weight 15% |
| Growth | 4 | weight 15% |
| Consistency | 50 | weight 15% |
Durability: 66 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is FLIPPER PSV AS?
The operating margin was −8.6% in 2025, against a median of 11.0% among small companies in the same sector. Return on assets was −3.9%. The company made a loss before tax.
How solid is FLIPPER PSV AS?
The equity ratio was 95.2% in 2025 (median 44.4%). Debt-to-equity was 0.05 (median 1.04).
What is the liquidity of FLIPPER PSV AS like?
The current ratio was 7.17 in 2025 (median 1.67).
How does FLIPPER PSV AS compare in Sjøfart?
FLIPPER PSV AS ranks 533 of 1,016 in Sjøfart for 2025. Among companies of the same size (small companies) it ranks 375 of 705. Revenue changed by −51.7% from the year before.
From the Central Coordinating Register
- Org. no.
- 929492862
- Legal form
- AS
- Sector
- Sjøfart (50.201)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 1 June 2022 4 years in operation
- Share capital
- 1.00 MNOK
- Business address
- c/o Fearnley Business Management AS, Dronning Eufemias gate 8, 0191 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
- Chair of the board
- Janne Green Heglund
- Board member
- Oddbjørn Lende
- Board member
- Charles Fabrikant
- Auditor
- CEDRA NORGE AS
- Accountant
- FEARNLEY BUSINESS MANAGEMENT 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 | 61 | 90 | 49 | |
| Rank | 274 | 3 | 533 | |
| Operating margin | 6.3% | 52.1% | −8.6% | |
| Return on assets | 3.9% | 64.0% | −3.9% | |
| Equity ratio | 96.0% | 97.8% | 95.2% | |
| Current ratio | 7.16 | 15.14 | 7.17 | |
| Revenue growth | – | 134.1% | −51.7% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 47.8 MNOK | 111.9 MNOK | 54.0 MNOK |
| Operating profit | 3.0 MNOK | 58.2 MNOK | −4.6 MNOK |
| Profit before tax | 4.5 MNOK | 61.4 MNOK | −7.7 MNOK |
| Net profit | 4.2 MNOK | 60.8 MNOK | −7.7 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 4.9 MNOK |
| Total assets | 116.0 MNOK | 95.9 MNOK | 68.6 MNOK |
| Current assets | 33.3 MNOK | 32.5 MNOK | 23.6 MNOK |
| Equity | 111.3 MNOK | 93.8 MNOK | 65.3 MNOK |
| Retained earnings | 6.4 MNOK | 67.2 MNOK | 59.4 MNOK |
| Total liabilities | 4.7 MNOK | 2.1 MNOK | 3.3 MNOK |
| Current liabilities | 4.7 MNOK | 2.1 MNOK | 3.3 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 7021376.
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