ODE PROCESSING AS

Org. no. 944725520 · ØRSTA · Founded 1987 · 125 employees

Score · fiscal year 2025

54of 100

How to read this: the company is ahead of 60 % of medium-sized companies in the same sector in 2025. What does this mean?

Rank: 1,650 of 4,157 · Sjømat

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 61 and solidity 48 out of 100 among medium-sized companies in the same sector in 2025. Methodology

Against the sector

ODE PROCESSING AS is 5 points above the median for medium-sized companies in the same sector in 2025.

Median score 49 among 461 companies.

Against medium-sized companies in the same sector in 2025: operating margin 10.7% (median 10.6%) and equity ratio 40.1% (median 41.4%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 28 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue107 MNOK192 MNOK
Operating margin 10.7% 10.6% 50 %
Profit margin 10.6% 7.5% shown, not part of the index
Return on assets 13.0% 7.7% 71 %
Equity ratio 40.1% 41.4% 48 %
Debt-to-equity 1.49 1.37 47 %
Current ratio 0.13 1.70 2 %
Revenue growth 167.4% 8.6% 97 %
Revenue per employee0.86 MNOK7.70 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 54, ODE PROCESSING AS does better than 60% of medium-sized companies in the same sector (461 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • ODE PROCESSING AS
  • Median: medium-sized companies in the same sector
Summary analysis

ODE PROCESSING AS has a score of 54 for 2025, rank 1,650 of 4,157 in the sector.

Strongest: Growth: percentile 97 against peers, revenue growth 167.4% against a median of 8.6%. Consistency: percentile 62 against peers.

Weakest: Liquidity: percentile 2 against peers, current ratio 0.13 against a median of 1.70.

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

ODE PROCESSING AS had an operating margin of 10.7% and an equity ratio of 40.1% in 2025, and ranks 1,650 of 4,157 in Sjømat.

From 2024 to 2025: revenue grew by 167% and the operating margin fell from 16.0% to 10.7%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 35 MNOK and 95 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 9.5 MNOK 10.0 95 MNOK
EV/EBIT Operating profit: 11.5 MNOK
minus net debt 0.0 MNOK
8.0 92 MNOK
P/B Equity: 35.2 MNOK 1.0 35 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 · 2025

Worth a closer look

  • critical

    Consider strengthening liquidity: current liabilities are 7.6 times current assets.

    Based on: Current ratio 0.13 (median 1.70).

  • 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 167.4% (median 8.6%); Current ratio 0.13 (median 1.70).

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 −5.0%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability61 weight 30%
Solidity48 weight 25%
Liquidity2 weight 15%
Growth97 weight 15%
Consistency62 weight 15%

Durability: 49 (average over 3 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is ODE PROCESSING AS?

The operating margin was 10.7% in 2025, against a median of 10.6% among medium-sized companies in the same sector. Return on assets was 13.0%.

How solid is ODE PROCESSING AS?

The equity ratio was 40.1% in 2025 (median 41.4%). Debt-to-equity was 1.49 (median 1.37).

What is the liquidity of ODE PROCESSING AS like?

The current ratio was 0.13 in 2025 (median 1.70). Current assets did not cover current liabilities.

How does ODE PROCESSING AS compare in Sjømat?

ODE PROCESSING AS ranks 1,650 of 4,157 in Sjømat for 2025. Among companies of the same size (medium-sized companies) it ranks 183 of 461. Revenue changed by 167.4% from the year before.

From the Central Coordinating Register

Org. no.
944725520
Legal form
AS
Sector
Sjømat (10.202)
Size tier
medium
Employees
125 registered 10 October 2026
Founded
17 September 1987 39 years in operation
Share capital
0.65 MNOK
Business address
Hamnevegen 85, 6170 VARTDAL (ØRSTA)
Municipality
Ørsta rank 11–33 of 38 in KOSTRA group 7
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
Ola Kvalheim
Auditor
TELL NORGE 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 28 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index296454
Rank2,9868691,650
Operating margin4.9%16.0%10.7%
Return on assets4.4%11.3%13.0%
Equity ratio7.5%52.6%40.1%
Current ratio0.250.610.13
Revenue growth–50.6%167.4%

Accounts

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

Key figure202320242025
Operating revenue26.6 MNOK40.1 MNOK107.3 MNOK
Operating profit1.3 MNOK6.4 MNOK11.5 MNOK
Profit before tax−0.1 MNOK6.0 MNOK11.4 MNOK
Net profit−0.1 MNOK4.6 MNOK9.5 MNOK
Financial expenses1.5 MNOK0.5 MNOK0.1 MNOK
Total assets31.0 MNOK56.7 MNOK87.8 MNOK
Current assets4.7 MNOK15.9 MNOK6.7 MNOK
Equity2.3 MNOK29.9 MNOK35.2 MNOK
Retained earnings−3.7 MNOK23.8 MNOK29.2 MNOK
Total liabilities28.7 MNOK26.9 MNOK52.5 MNOK
Current liabilities18.9 MNOK26.1 MNOK51.2 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 7188633.