CEM BULK MANAGEMENT AS
Score · fiscal year 2025
36of 100
How to read this: the company is ahead of 25 % of small companies in the same sector in 2025. What does this mean?
Rank: 1,544 of 2,035 · Sjøfart
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 81 and solidity 0 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
CEM BULK MANAGEMENT AS is 14 points below the median for small companies in the same sector in 2025.
Median score 50 among 1,468 companies.
Against small companies in the same sector in 2025: operating margin 30.6% (median 8.4%) and equity ratio −19,357.7% (median 51.2%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 0 MNOK | 5 MNOK |
| Operating margin | 30.6% | 8.4% |
| Profit margin | 30.6% | 9.2% |
| Return on assets | 30.6% | 3.4% |
| Equity ratio | −19,357.7% | 51.2% |
| Debt-to-equity | – | 0.67 |
| Current ratio | 0.01 | 1.77 |
| Revenue growth | 0.0% | 1.2% |
The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 36, CEM BULK MANAGEMENT AS does better than 25% of small companies in the same sector (1,475 companies) in 2025.
Score 2023–2025
- CEM BULK MANAGEMENT AS
- Median: small companies in the same sector
CEM BULK MANAGEMENT AS has a score of 36 for 2025, rank 1,544 of 2,035 in the sector.
Strongest: Profitability: percentile 81 against peers, operating margin 30.6% against a median of 8.4%.
Weakest: Solidity: percentile 0 against peers, equity ratio −19,357.7% against a median of 51.2%. Liquidity: percentile 2 against peers, current ratio 0.01 against a median of 1.77.
Worth a closer look
- Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern? Based on: equity ratio −19,357.7% (median 51.2%).
- Consider strengthening liquidity: current liabilities are 194.6 times current assets. Based on: current ratio 0.01 (median 1.77).
- 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
CEM BULK MANAGEMENT AS had an operating margin of 30.6% and an equity ratio of −19,357.7% in 2025, and ranks 1,544 of 2,035 in Sjøfart.
From 2024 to 2025: the equity ratio rose from −20,749.1% to −19,357.7% and the operating margin fell from 86.1% to 30.6%.
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 | 0 MNOK |
| EV/EBIT | 8.0 | missing |
| P/B | 1.0 | not meaningful |
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
Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?
Based on: Equity ratio −19,357.7% (median 51.2%).
- critical
Consider strengthening liquidity: current liabilities are 194.6 times current assets.
Based on: Current ratio 0.01 (median 1.77).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
- critical Negative equity
Scenario analysis: the sector's weakest year
We have no accounts for 2026, the sector's weakest year, for this company.
The sector's weakest year was 2026, with a median operating margin of 6.1%. 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 | 81 | weight 30% |
|---|---|---|
| Solidity | 0 | weight 25% |
| Liquidity | 2 | weight 15% |
| Growth | 45 | weight 15% |
| Consistency | 28 | weight 15% |
Durability: 34 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is CEM BULK MANAGEMENT AS?
The operating margin was 30.6% in 2025, against a median of 8.4% among small companies in the same sector. Return on assets was 30.6%.
How solid is CEM BULK MANAGEMENT AS?
The equity ratio was −19,357.7% in 2025 (median 51.2%). Equity is negative, so liabilities exceed assets.
What is the liquidity of CEM BULK MANAGEMENT AS like?
The current ratio was 0.01 in 2025 (median 1.77). Current assets did not cover current liabilities.
How does CEM BULK MANAGEMENT AS compare in Sjøfart?
CEM BULK MANAGEMENT AS ranks 1,544 of 2,035 in Sjøfart for 2025. Among companies of the same size (small companies) it ranks 1,111 of 1,475. Revenue changed by 0.0% from the year before.
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.
- 975902374
- Legal form
- AS · part of a group
- Sector
- Sjøfart (50.201)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 21 November 1995 30 years in operation
- Share capital
- 0.20 MNOK
- Business address
- Møllervegen 22, 5525 HAUGESUND
- Municipality
- Haugesund rank 1–6 of 13 in KOSTRA group 10
- Audit
- Audit opted out from 5 November 2020
- 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
- Thomas Stuve
- Board member
- Christina Stuve
- Accountant
- ALMA REVISJON AS
- Accountant
- GL SKIPSREGNSKAP 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 | 28 | 39 | 36 | |
| Rank | 1,485 | 1,353 | 1,544 | |
| Operating margin | 33.5% | 86.1% | 30.6% | |
| Return on assets | 14.1% | 59.1% | 30.6% | |
| Equity ratio | −6,727.0% | −20,749.1% | −19,357.7% | |
| Current ratio | 0.01 | 0.00 | 0.01 | |
| Revenue growth | – | 0.0% | 0.0% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Operating profit | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Profit before tax | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Net profit | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Financial expenses | 0.0 MNOK | – | – |
| Total assets | 0.2 MNOK | 0.1 MNOK | 0.0 MNOK |
| Current assets | 0.2 MNOK | 0.1 MNOK | 0.0 MNOK |
| Equity | −14.5 MNOK | −14.5 MNOK | −9.3 MNOK |
| Retained earnings | −15.7 MNOK | −15.7 MNOK | −10.5 MNOK |
| Total liabilities | 14.8 MNOK | 14.6 MNOK | 9.3 MNOK |
| Current liabilities | 14.8 MNOK | 14.6 MNOK | 9.3 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 7147937.
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