Vikan Holding AS
Score · fiscal year 2024
Not enough data: Holding company (ranked in the list «Holding and investment companies»)
Based on the annual accounts for 2024
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating margin | – | 8.8% |
| Profit margin | – | 4.4% |
| Return on assets | −0.9% | 5.7% |
| Equity ratio | −0.4% | 33.0% |
| Debt-to-equity | – | 1.74 |
| Current ratio | 103.49 | 1.66 |
| Revenue growth | – | 1.1% |
The median and “ahead of” refer to companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
Score over time
Score over time needs at least two fiscal years with a score. It will appear when next year's figures are fetched or history is imported.
What the numbers say
Vikan Holding AS had an equity ratio of −0.4% in 2024. The company is not ranked: holding company (ranked in the list «holding and investment companies»).
From 2023 to 2024: went from a profit to a loss before tax.
This text is generated automatically from the 2024 accounts.
Three simple methods
One method gives a figure: 3 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 16.9 | 3 MNOK |
| EV/EBIT | 17.0 | not meaningful |
| P/B | 2.2 | not meaningful |
The listed basis is the value at listed multiples. The estimate is lowered by 51% for an unlisted company: 20% for lack of marketability and 38% for size (a small-company premium of 4% on the cost of equity).
A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. 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 −0.4% (median 33.0%).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin – (median 4.4%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 1.8% of the debt in 2024. The policy rate averaged 4.50 % 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
- watch Revenue not reported
- critical Negative equity
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
Questions and answers
How profitable is Vikan Holding AS?
The operating margin was – in 2024, against a median of 8.8% among companies in the same sector. Return on assets was −0.9%. The company made a loss before tax.
How solid is Vikan Holding AS?
The equity ratio was −0.4% in 2024 (median 33.0%). Equity is negative, so liabilities exceed assets.
What is the liquidity of Vikan Holding AS like?
The current ratio was 103.49 in 2024 (median 1.66).
Group accounts · 2023
60 of 100
Rank 40 of 115 groups in the Morning class Medium in Sjømat. Groups are ranked only against other groups in the same sector and class, never against single companies.
- Operating revenue, group
- 88 MNOK
- Operating profit, group
- 11 MNOK
- Profit before tax, group
- 10 MNOK
- Total assets, group
- 182 MNOK
- Equity, group
- 75 MNOK
| Key figure | The group | The company alone (2024) |
|---|---|---|
| Operating margin | 12.9% | – |
| Return on assets | 8.7% | – |
| Equity ratio | 41.2% | – |
| Current ratio | 3.72 | – |
| Revenue growth | – | – |
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 2023 (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.
- 977029996
- Legal form
- AS · part of a group
- Sector
- Sjømat (03.222)
- Employees
- 0–4 (not registered)
- Founded
- 25 June 1996 30 years in operation
- Share capital
- 0.84 MNOK
- Business address
- Tuvnesveien 9, 7266 KVERVA (FRØYA)
- Municipality
- Frøya rank 1–8 of 9 in KOSTRA group 3
- Latest accounts filed
- 2025
- LEI
- 984500Z6842B373D4927 renews 17 March 2027
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
Loading roles …
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
- Parent company
- No parent company: owned by persons
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 31 October 2026. The parent is the one the company itself reported to GLEIF.
Shareholders (2025)
- Number of shareholders
- 2 (one owner holds more than half)
- Largest owner
- 75.0%
- Split
- companies 0% · private persons 100% · foreign 0%
- Owned from the same municipality
- 100%
- Group chain
- Ultimate owner: private person
Change 2007–2025: no material change in the owners.
Majority owner of: Vikan Tide Power AS (100%), Vikan Eiendom Hitra AS (100%), Vikan Settefisk AS (60%)
The portfolio: 3 of the companies it owns shares in have accounts with us, 2 of them as majority owner. The average index is 39. 0 have negative equity and 0 made a loss in the latest year.
Holds shares in: Vikan Settefisk AS (60%), Salmar ASA (0%), Vikan Tide Power AS (100%), Vikan Eiendom Hitra AS (100%)
Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.
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 | – | – | – | |
| Rank | – | – | – | |
| Operating margin | – | – | – | |
| Return on assets | 28.2% | −0.9% | 85.0% | |
| Equity ratio | 2.0% | −0.4% | 84.7% | |
| Current ratio | 134.73 | 103.49 | 1,416.46 | |
| Revenue growth | – | – | – |
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 |
| Operating profit | −0.1 MNOK | −0.1 MNOK | 0.0 MNOK |
| Profit before tax | 0.7 MNOK | −0.1 MNOK | 11.8 MNOK |
| Tax expense | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Net profit | 0.7 MNOK | −0.1 MNOK | 11.7 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 2.3 MNOK | 2.0 MNOK | 13.8 MNOK |
| Current assets | 1.2 MNOK | 0.9 MNOK | 12.7 MNOK |
| Equity | 0.0 MNOK | 0.0 MNOK | 11.7 MNOK |
| Retained earnings | −0.8 MNOK | −0.9 MNOK | 10.9 MNOK |
| Total liabilities | 2.3 MNOK | 2.0 MNOK | 2.1 MNOK |
| Current liabilities | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 5892213.