SOLRAND AS
Score · fiscal year 2025
40of 100
How to read this: the company is ahead of 31 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?
Rank in the Morning class Micro: 839 of 1,211 · What are Morning company classes?
Place in the whole sector: 1,564 of 2,232 · Sjømat
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 22 and solidity 33 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology
Against the sector
SOLRAND AS is 10 points below the median for companies in the Morning class Micro in the same sector in 2025.
Median score 50 among 1,211 companies.
Against companies in the Morning class Micro in the same sector in 2025: operating margin −0.4% (median 13.5%) and equity ratio 21.8% (median 34.7%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 4 MNOK | 3 MNOK |
| Operating margin | −0.4% | 13.5% |
| Profit margin | −2.1% | 9.8% |
| Return on assets | −0.6% | 7.3% |
| Equity ratio | 21.8% | 34.7% |
| Debt-to-equity | 3.59 | 1.44 |
| Current ratio | 1.95 | 1.72 |
| Revenue growth | 78.3% | 23.4% |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 40, SOLRAND AS does better than 31% of companies in the Morning class Micro in the same sector (1,211 companies) in 2025.
Score 2023–2025
- SOLRAND AS
- Median: companies in the Morning class Micro in the same sector
SOLRAND AS has a score of 40 for 2025, rank 1,564 of 2,232 in the sector.
Strongest: Growth: percentile 81 against peers, revenue growth 78.3% against a median of 23.4%.
Weakest: Profitability: percentile 22 against peers, operating margin −0.4% against a median of 13.5%. Solidity: percentile 33 against peers, equity ratio 21.8% against a median of 34.7%.
Worth a closer look
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −2.1% (median 9.8%).
- What lies behind weak profitability, and will it last?
- What lies behind weak solidity, 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
SOLRAND AS had an operating margin of −0.4% and an equity ratio of 21.8% in 2025, and ranks 1,564 of 2,232 in Sjømat.
From 2024 to 2025: revenue grew by 78% and the operating margin rose from −14.1% to −0.4%.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 0 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 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
Worth a closer look
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −2.1% (median 9.8%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 4.1% of the debt in 2025. The policy rate averaged 4.30 % 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 | 22 | weight 30% |
|---|---|---|
| Solidity | 33 | weight 25% |
| Liquidity | 55 | weight 15% |
| Growth | 81 | weight 15% |
| Consistency | 34 | weight 15% |
Durability: 41 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is SOLRAND AS?
The operating margin was −0.4% in 2025, against a median of 13.5% among companies in the Morning class Micro in the same sector. Return on assets was −0.6%. The company made a loss before tax.
How solid is SOLRAND AS?
The equity ratio was 21.8% in 2025 (median 34.7%). Debt-to-equity was 3.59 (median 1.44).
What is the liquidity of SOLRAND AS like?
The current ratio was 1.95 in 2025 (median 1.72).
How does SOLRAND AS compare in Sjømat?
SOLRAND AS ranks 1,564 of 2,232 in Sjømat for 2025. Among companies in the Morning class Micro it is number 839 of 1,211. Revenue changed by 78.3% from the year before.
From the Central Coordinating Register
- Org. no.
- 971161833
- Legal form
- AS
- Sector
- Sjømat (03.110)
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 28 September 1994 32 years in operation
- Share capital
- 0.20 MNOK
- Business address
- Grønlia 15C, 9770 MEHAMN (GAMVIK)
- Municipality
- Gamvik rank 27–36 of 36 in KOSTRA group 15
- Audit
- Audit opted out from 27 October 2012
- 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
- Alf Normann Hansen
- Chair of the board
- Alf Normann Hansen
- Deputy member
- Tone Wenche Ånetsen
- Accountant
- WIIKS REGNSKAPSKONTOR 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 | 52 | 31 | 40 | |
| Rank | 968 | 1,630 | 1,564 | |
| Operating margin | 12.3% | −14.1% | −0.4% | |
| Return on assets | 15.6% | −17.3% | −0.6% | |
| Equity ratio | 30.9% | 34.8% | 21.8% | |
| Current ratio | 1.61 | 1.11 | 1.95 | |
| Revenue growth | – | −48.9% | 78.3% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 4.4 MNOK | 2.3 MNOK | 4.0 MNOK |
| Operating profit | 0.5 MNOK | −0.3 MNOK | 0.0 MNOK |
| Profit before tax | 0.5 MNOK | −0.4 MNOK | −0.1 MNOK |
| Net profit | 0.4 MNOK | −0.3 MNOK | −0.2 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.1 MNOK |
| Total assets | 3.0 MNOK | 1.8 MNOK | 2.2 MNOK |
| Current assets | 2.3 MNOK | 0.7 MNOK | 1.3 MNOK |
| Equity | 0.9 MNOK | 0.6 MNOK | 0.5 MNOK |
| Retained earnings | 0.7 MNOK | 0.4 MNOK | 0.3 MNOK |
| Total liabilities | 2.1 MNOK | 1.2 MNOK | 1.8 MNOK |
| Current liabilities | 1.4 MNOK | 0.6 MNOK | 0.7 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 6562001.
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