FISHBONES ME AS

Org. no. 930280720 · SANDNES · Founded 2022

Score · fiscal year 2024

40of 100

How to read this: the company is ahead of 30 % of companies in the Morning class Medium in the same sector in 2024. What does this mean?

Rank in the Morning class Medium: 2,451 of 3,520 · What are Morning company classes?
Place in the whole sector: 15,314 of 22,346 · Handel

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 86 and solidity 1 out of 100 among companies in the Morning class Medium in the same sector in 2024. Methodology

Against the sector

FISHBONES ME AS is 10 points below the median for companies in the Morning class Medium in the same sector in 2024.

Median score 50 among 3,520 companies.

Against companies in the Morning class Medium in the same sector in 2024: operating margin 18.6% (median 2.9%) and equity ratio 0.2% (median 30.2%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 27 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue82 MNOK92 MNOK
Operating margin 18.6% 2.9% 97 %
Profit margin 18.1% 2.7% shown, not part of the index
Return on assets 20.2% 11.8% 75 %
Equity ratio 0.2% 30.2% 3 %
Debt-to-equity 426.38 2.23 0 %
Current ratio 1.17 1.40 31 %
Revenue growth – 5.1% not compared

The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 40, FISHBONES ME AS does better than 30% of companies in the Morning class Medium in the same sector (3,520 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • FISHBONES ME AS
  • Median: companies in the Morning class Medium in the same sector
Analysis · 2024

What the numbers say

FISHBONES ME AS had an operating margin of 18.6% and an equity ratio of 0.2% in 2024, and ranks 15,314 of 22,346 in Handel.

From 2023 to 2024: went from a loss to a profit before tax.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 0 MNOK and 115 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 11.5 MNOK 10.0 115 MNOK
EV/EBIT Operating profit: 15.1 MNOK
minus net debt 9.6 MNOK
8.0 112 MNOK
P/B Equity: 0.2 MNOK 1.0 0 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 · 2024

Worth a closer look

  • watch

    The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?

    Based on: Equity ratio 0.2% (median 30.2%).

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

Financial costs were 0.6% 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

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 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability86 weight 30%
Solidity1 weight 25%
Liquidity31 weight 15%
Growth– no data, left out
Consistency21 weight 15%

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

2024

Questions and answers

How profitable is FISHBONES ME AS?

The operating margin was 18.6% in 2024, against a median of 2.9% among companies in the Morning class Medium in the same sector. Return on assets was 20.2%.

How solid is FISHBONES ME AS?

The equity ratio was 0.2% in 2024 (median 30.2%). Debt-to-equity was 426.38 (median 2.23).

What is the liquidity of FISHBONES ME AS like?

The current ratio was 1.17 in 2024 (median 1.40).

How does FISHBONES ME AS compare in Handel?

FISHBONES ME AS ranks 15,314 of 22,346 in Handel for 2024. Among companies in the Morning class Medium it is number 2,451 of 3,520.

From the Central Coordinating Register

Org. no.
930280720
Legal form
AS
Sector
Handel (46.640)
Morning company class
Medium
Employees
0–4 (not registered)
Founded
20 September 2022 4 years in operation
Share capital
0.10 MNOK
Business address
Stokkamyrveien 15, 4313 SANDNES
Municipality
Sandnes rank 4 of 11 in KOSTRA group 12
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
Jan Arild Wathne
Board member
Eirik Renli
Auditor
BDO AS
Accountant
KJELL HAVER REGNSKAPSSERVICE 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.

Report an issue

Figures last fetched 27 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index–4025
Rank–15,31419,977
Operating margin–18.6%3.3%
Return on assets−0.4%20.2%2.5%
Equity ratio0.6%0.2%11.5%
Current ratio0.931.171.19
Revenue growth––−16.0%

Accounts

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

Key figure202320242025
Operating revenue–81.5 MNOK68.5 MNOK
Operating profit−0.2 MNOK15.1 MNOK2.2 MNOK
Profit before tax−0.2 MNOK14.8 MNOK1.3 MNOK
Net profit−0.1 MNOK11.5 MNOK−1.1 MNOK
Financial expenses–0.4 MNOK1.0 MNOK
Total assets44.6 MNOK75.1 MNOK87.9 MNOK
Current assets32.8 MNOK72.8 MNOK86.6 MNOK
Equity0.3 MNOK0.2 MNOK10.2 MNOK
Retained earnings−0.1 MNOK−0.2 MNOK−1.3 MNOK
Total liabilities44.3 MNOK74.9 MNOK77.8 MNOK
Current liabilities35.1 MNOK62.0 MNOK72.8 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 6097225.

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