BEITVEIT AS
Score · fiscal year 2023
55of 100
How to read this: the company is ahead of 59 % of small companies in the same sector in 2023. What does this mean?
Rank: 1,513 of 3,738 · Sjømat
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 46 and solidity 70 out of 100 among small companies in the same sector in 2023. Methodology
Against the sector
BEITVEIT AS is 5 points above the median for small companies in the same sector in 2023.
Median score 50 among 3,282 companies.
Against small companies in the same sector in 2023: operating margin −76.5% (median 9.0%) and equity ratio 70.3% (median 35.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 1 MNOK | 2 MNOK |
| Operating margin | −76.5% | 9.0% |
| Profit margin | 469.7% | 5.5% |
| Return on assets | 13.4% | 2.7% |
| Equity ratio | 70.3% | 35.9% |
| Debt-to-equity | 0.42 | 1.08 |
| Current ratio | 0.35 | 1.66 |
| Revenue growth | – | 10.5% |
The median and “ahead of” refer to small companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 55, BEITVEIT AS does better than 59% of small companies in the same sector (3,284 companies) in 2023.
Score 2023–2025
- BEITVEIT AS
- Median: small companies in the same sector
What the numbers say
BEITVEIT AS had an operating margin of −76.5% and an equity ratio of 70.3% in 2023, and ranks 1,513 of 3,738 in Sjømat.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 23 MNOK and 41 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 41 MNOK |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 23 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
- critical
Consider strengthening liquidity: current liabilities are 2.8 times current assets.
Based on: Current ratio 0.35 (median 1.66).
- 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 −76.5% (median 9.0%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 5.9% of the debt in 2023. The policy rate averaged 3.54 % 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 −5.0%. 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 | 46 | weight 30% |
|---|---|---|
| Solidity | 70 | weight 25% |
| Liquidity | 17 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 87 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is BEITVEIT AS?
The operating margin was −76.5% in 2023, against a median of 9.0% among small companies in the same sector. Return on assets was 13.4%.
How solid is BEITVEIT AS?
The equity ratio was 70.3% in 2023 (median 35.9%). Debt-to-equity was 0.42 (median 1.08).
What is the liquidity of BEITVEIT AS like?
The current ratio was 0.35 in 2023 (median 1.66). Current assets did not cover current liabilities.
How does BEITVEIT AS compare in Sjømat?
BEITVEIT AS ranks 1,513 of 3,738 in Sjømat for 2023. Among companies of the same size (small companies) it ranks 1,333 of 3,284.
Group accounts
The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.
Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 950228024
- Legal form
- AS · part of a group
- Sector
- Sjømat (03.300)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 25 June 1988 38 years in operation
- Share capital
- 0.12 MNOK
- Business address
- Hamna 5, 6087 KVAMSØY (SANDE)
- Municipality
- Sande rank 13–28 of 39 in KOSTRA group 4
- 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
- Anne-Marte Skarmyr Beitveit
- Chair of the board
- Kenneth André Beitveit
- Board member
- Ronny Endre Beitveit
- Auditor
- ULSTEIN REVISJON 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 28 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 55 | 76 | 58 | |
| Rank | 1,513 | 258 | 1,334 | |
| Operating margin | −76.5% | −19.9% | −52.4% | |
| Return on assets | 13.4% | 31.5% | 0.5% | |
| Equity ratio | 70.3% | 92.2% | 90.6% | |
| Current ratio | 0.35 | 8.07 | 20.59 | |
| Revenue growth | – | 10.7% | −12.6% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.8 MNOK | 0.9 MNOK | 0.8 MNOK |
| Operating profit | −0.6 MNOK | −0.2 MNOK | −0.4 MNOK |
| Profit before tax | 3.8 MNOK | 11.4 MNOK | 0.1 MNOK |
| Net profit | 4.1 MNOK | 11.5 MNOK | 0.1 MNOK |
| Financial expenses | 0.6 MNOK | 0.4 MNOK | 0.0 MNOK |
| Total assets | 32.8 MNOK | 37.6 MNOK | 27.3 MNOK |
| Current assets | 0.2 MNOK | 5.0 MNOK | 15.2 MNOK |
| Equity | 23.1 MNOK | 34.6 MNOK | 24.7 MNOK |
| Retained earnings | 23.0 MNOK | 34.5 MNOK | 24.7 MNOK |
| Total liabilities | 9.7 MNOK | 2.9 MNOK | 2.6 MNOK |
| Current liabilities | 0.6 MNOK | 0.6 MNOK | 0.7 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 4636119.
Further
Similar companies
- EDWARD JOHNSEN AS index 55, rank 1,511 · compare
- VETLABS AS index 55, rank 1,512 · compare
- NOVA MASTER AS index 55, rank 1,514 · compare
- ISANLEGGET AS index 55, rank 1,515 · compare
- MH FISK AS index 55, rank 1,516 · compare