MOWI ASA
Score · fiscal year 2025
51of 100
How to read this: the company is ahead of 53 % of large companies in the same sector in 2025. What does this mean?
Rank: 1,540 of 3,375 · 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 49 out of 100 among large companies in the same sector in 2025. Methodology
Against the sector
MOWI ASA is 1 points above the median for large companies in the same sector in 2025.
Median score 50 among 75 companies.
Against large companies in the same sector in 2025: operating margin 12.8% (median 5.1%) and equity ratio 40.3% (median 40.5%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 22,111 MNOK | 1,826 MNOK |
| Operating margin | 12.8% | 5.1% |
| Profit margin | 3.4% | 3.9% |
| Return on assets | 2.8% | 5.1% |
| Equity ratio | 40.3% | 40.5% |
| Debt-to-equity | 1.48 | 1.47 |
| Current ratio | 1.23 | 1.37 |
| Revenue growth | −2.3% | 7.5% |
| Revenue per employee | 7.59 MNOK | 11.76 MNOK |
The median and “ahead of” refer to large companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 51, MOWI ASA does better than 53% of large companies in the same sector (75 companies) in 2025.
Score 2023–2025
- MOWI ASA
- Median: large companies in the same sector
MOWI ASA has a score of 51 for 2025, rank 1,540 of 3,375 in the sector.
Strongest: Consistency: percentile 69 against peers. Profitability: percentile 61 against peers, operating margin 12.8% against a median of 5.1%.
Weakest: Growth: percentile 28 against peers, revenue growth −2.3% against a median of 7.5%.
Worth a closer look
- What lies behind weak growth, 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
MOWI ASA had an operating margin of 12.8% and an equity ratio of 40.3% in 2025, and ranks 1,540 of 3,375 in Sjømat.
No large changes in the key figures from 2024 to 2025.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 640 MEUR and 2,856 MEUR.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 640 MEUR |
| EV/EBIT | 8.0 | debt above value |
| P/B | 1.0 | 2,856 MEUR |
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
No rules were triggered for this year.
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
- watch Reports in a currency other than NOK
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 −1.7%. 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 | 61 | weight 30% |
|---|---|---|
| Solidity | 49 | weight 25% |
| Liquidity | 42 | weight 15% |
| Growth | 28 | weight 15% |
| Consistency | 69 | weight 15% |
Durability: 48 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is MOWI ASA?
The operating margin was 12.8% in 2025, against a median of 5.1% among large companies in the same sector. Return on assets was 2.8%.
How solid is MOWI ASA?
The equity ratio was 40.3% in 2025 (median 40.5%). Debt-to-equity was 1.48 (median 1.47).
What is the liquidity of MOWI ASA like?
The current ratio was 1.23 in 2025 (median 1.37).
How does MOWI ASA compare in Sjømat?
MOWI ASA ranks 1,540 of 3,375 in Sjømat for 2025. Among companies of the same size (large companies) it ranks 36 of 75. Revenue changed by −2.3% from the year before.
Group accounts · 2025
67 of 100
Rank 170 of 899 groups with group accounts. Groups are ranked only against each other, not against single companies.
The group accounts are in EUR. We show ratios, not amounts.
| Key figure | The group | The company alone (2025) |
|---|---|---|
| Operating margin | 15.6% | 12.8% |
| Return on assets | 9.4% | 2.8% |
| Equity ratio | 44.6% | 40.3% |
| Current ratio | 2.93 | 1.23 |
| Revenue growth | 9.7% | −2.3% |
Group index in earlier years: 2023: 65 (272 of 1079), 2024: 65 (213 of 916).
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).
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.
- 964118191
- Legal form
- ASA · part of a group
- Sector
- Sjømat (03.211)
- Size tier
- large
- Employees
- 2,913 registered 10 October 2026
- Founded
- 18 May 1992 34 years in operation
- Share capital
- 3,954.68 MNOK
- Business address
- Sandviksbodene 77A/B, 5035 BERGEN
- Municipality
- Bergen rank 9 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
- Website
- www.mowi.com
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
- Ivan Vindheim
- Chair of the board
- Leif Teksum
- Board member
- Peder Strand
- Board member
- Lisbet Karin Nærø
- Board member
- Aino Kristin Lindal Olaisen
- Board member
- Eivind Kallbekken
- Board member
- John Olav Johansen
- Board member
- Monica Karlsen
- Board member
- Kathrine Astrup Fredriksen
- Deputy member
- Nina Johansen Kupen
- Deputy member
- Roald Arve Jensen
- Deputy member
- Ingvill Tuhus Lunde
- Deputy member
- Tore Sagbak
- Deputy member
- Øystein Teigland Hunstad
- Auditor
- ERNST & YOUNG AS
- Accountant
- PROGRESSO AS
- Accountant
- AZETS INSIGHT 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.
Figures last fetched 28 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 46 | 47 | 51 | |
| Rank | 1,653 | 1,740 | 1,540 | |
| Operating margin | 14.5% | 13.8% | 12.8% | |
| Return on assets | 4.6% | 6.2% | 2.8% | |
| Equity ratio | 36.5% | 45.3% | 40.3% | |
| Current ratio | 1.13 | 0.95 | 1.23 | |
| Revenue growth | – | 0.9% | −2.3% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (EUR). Revenue in NOK is converted from EUR at the mean rate for the accounting period 1 January 2025–31 December 2025: 11.7177 (norges_bank). Balance-sheet amounts use the rate on the balance-sheet date. Ratios and growth are computed in EUR. Exchange rates at Norges Bank
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 1,913.0 MEUR | 1,931.0 MEUR | 1,887.0 MEUR |
| Operating profit | 277.0 MEUR | 267.0 MEUR | 242.0 MEUR |
| Profit before tax | 257.0 MEUR | 238.0 MEUR | 64.0 MEUR |
| Net profit | 240.0 MEUR | 194.0 MEUR | 64.0 MEUR |
| Financial expenses | 121.0 MEUR | 164.0 MEUR | 136.0 MEUR |
| Total assets | 8,258.0 MEUR | 6,440.0 MEUR | 7,081.0 MEUR |
| Current assets | 3,660.0 MEUR | 1,591.0 MEUR | 2,272.0 MEUR |
| Equity | 3,013.0 MEUR | 2,919.0 MEUR | 2,856.0 MEUR |
| Retained earnings | 1,333.0 MEUR | 1,239.0 MEUR | 986.0 MEUR |
| Total liabilities | 5,245.0 MEUR | 3,521.0 MEUR | 4,225.0 MEUR |
| Current liabilities | 3,251.0 MEUR | 1,666.0 MEUR | 1,850.0 MEUR |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 7141385.
Further
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