LM PROCESSING AS
Score · fiscal year 2023
31of 100
How to read this: the company is ahead of 21 % of companies in the Morning class Small in the same sector in 2023. What does this mean?
Rank in the Morning class Small: 332 of 421 · What are Morning company classes?
Place in the whole sector: 1,639 of 2,066 · Sjømat
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 11 and solidity 40 out of 100 among companies in the Morning class Small in the same sector in 2023. Methodology
Against the sector
LM PROCESSING AS is 19 points below the median for companies in the Morning class Small in the same sector in 2023.
Median score 50 among 421 companies.
Against companies in the Morning class Small in the same sector in 2023: operating margin −6.5% (median 10.6%) and equity ratio 25.0% (median 29.7%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 22 MNOK | 23 MNOK |
| Operating margin | −6.5% | 10.6% |
| Profit margin | −7.6% | 5.0% |
| Return on assets | −18.2% | 5.7% |
| Equity ratio | 25.0% | 29.7% |
| Debt-to-equity | 2.99 | 2.09 |
| Current ratio | 1.53 | 1.70 |
| Revenue growth | – | 6.4% |
The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 31, LM PROCESSING AS does better than 21% of companies in the Morning class Small in the same sector (421 companies) in 2023.
Score 2023–2025
- LM PROCESSING AS
- Median: companies in the Morning class Small in the same sector
What the numbers say
LM PROCESSING AS had an operating margin of −6.5% and an equity ratio of 25.0% in 2023, and ranks 1,639 of 2,066 in Sjømat.
This text is generated automatically from the 2023 accounts.
Three simple methods
One method gives a figure: 1 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 1 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 −7.6% (median 5.0%).
- 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 −6.5% (median 10.6%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 13.2% 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.
See interest rates, prices and exchange rates for the sector
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 −0.5%. 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 | 11 | weight 30% |
|---|---|---|
| Solidity | 40 | weight 25% |
| Liquidity | 45 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 44 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is LM PROCESSING AS?
The operating margin was −6.5% in 2023, against a median of 10.6% among companies in the Morning class Small in the same sector. Return on assets was −18.2%. The company made a loss before tax.
How solid is LM PROCESSING AS?
The equity ratio was 25.0% in 2023 (median 29.7%). Debt-to-equity was 2.99 (median 2.09).
What is the liquidity of LM PROCESSING AS like?
The current ratio was 1.53 in 2023 (median 1.70).
How does LM PROCESSING AS compare in Sjømat?
LM PROCESSING AS ranks 1,639 of 2,066 in Sjømat for 2023. Among companies in the Morning class Small it is number 332 of 421.
From the Central Coordinating Register
- Org. no.
- 965509534
- Legal form
- AS
- Sector
- Sjømat (10.203)
- Morning company class
- Small
- Employees
- 0–4 (not registered)
- Founded
- 24 November 1992 33 years in operation
- Share capital
- 0.40 MNOK
- Business address
- Vågahammeren 6, 6520 FREI (KRISTIANSUND)
- Municipality
- Kristiansund rank 17–26 of 27 in KOSTRA group 9
- Latest accounts filed
- 2025
- LEI
- 636700DB4PTBJ97XWM26 not renewed (lapsed)
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
- Stig Arvid Melbye
- Chair of the board
- Stig Arvid Melbye
- Board member
- Egil Kåre Betten
- Auditor
- STORMO REVISJON AS
- Accountant
- EB REGNSKAP AS
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
- Parent company
- Parent not reported
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 31 October 2026. The parent is the one the company itself reported to GLEIF.
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 | 31 | 13 | 74 | |
| Rank | 1,639 | 1,963 | 165 | |
| Operating margin | −6.5% | −7.0% | 39.9% | |
| Return on assets | −18.2% | −35.7% | 98.8% | |
| Equity ratio | 25.0% | −15.7% | 68.1% | |
| Current ratio | 1.53 | 1.08 | 5.01 | |
| Revenue growth | – | −15.5% | −24.3% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 21.6 MNOK | 18.3 MNOK | 13.8 MNOK |
| Operating profit | −1.4 MNOK | −1.3 MNOK | 5.5 MNOK |
| Profit before tax | −1.7 MNOK | −2.0 MNOK | 5.1 MNOK |
| Net profit | −1.4 MNOK | −2.0 MNOK | 4.4 MNOK |
| Financial expenses | 0.6 MNOK | 0.8 MNOK | 0.5 MNOK |
| Total assets | 5.9 MNOK | 3.5 MNOK | 5.7 MNOK |
| Current assets | 2.9 MNOK | 1.9 MNOK | 5.5 MNOK |
| Equity | 1.5 MNOK | −0.5 MNOK | 3.9 MNOK |
| Retained earnings | 0.6 MNOK | −1.4 MNOK | 3.0 MNOK |
| Total liabilities | 4.4 MNOK | 4.0 MNOK | 1.8 MNOK |
| Current liabilities | 1.9 MNOK | 1.7 MNOK | 1.1 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 5408467.
Further
Similar companies
- BESI AS index 32, rank 1,618 · compare
- RYFYLKE RENSEFISK AS index 32, rank 1,619 · compare
- FREDRIKS RØKERI AS index 32, rank 1,634 · compare
- FOSENSKALLDYR AS index 31, rank 1,644 · compare
- HELLODDEN AS index 31, rank 1,652 · compare