SEAS SPJELKAVIK ELEKTRO AS
Score · fiscal year 2025
71of 100
How to read this: the company is ahead of 88 % of small companies in the same sector in 2025. What does this mean?
Rank: 3,992 of 32,582 · Bygg og anlegg
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 79 and solidity 71 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
SEAS SPJELKAVIK ELEKTRO AS is 21 points above the median for small companies in the same sector in 2025.
Median score 50 among 31,472 companies.
Against small companies in the same sector in 2025: operating margin 12.0% (median 3.7%) and equity ratio 64.4% (median 36.5%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 17 MNOK | 3 MNOK |
| Operating margin | 12.0% | 3.7% |
| Profit margin | 12.1% | 3.4% |
| Return on assets | 26.4% | 5.7% |
| Equity ratio | 64.4% | 36.5% |
| Debt-to-equity | 0.55 | 1.20 |
| Current ratio | 2.22 | 1.45 |
| Revenue growth | 1.1% | 3.0% |
| Revenue per employee | 1.38 MNOK | 1.46 MNOK |
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 71, SEAS SPJELKAVIK ELEKTRO AS does better than 88% of small companies in the same sector (31,720 companies) in 2025.
Score 2023–2025
- SEAS SPJELKAVIK ELEKTRO AS
- Median: small companies in the same sector
SEAS SPJELKAVIK ELEKTRO AS has a score of 71 for 2025, rank 3,992 of 32,582 in the sector.
Strongest: Consistency: percentile 79 against peers. Profitability: percentile 79 against peers, operating margin 12.0% against a median of 3.7%.
No area is clearly below its peers.
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
SEAS SPJELKAVIK ELEKTRO AS had an operating margin of 12.0% and an equity ratio of 64.4% in 2025, and ranks 3,992 of 32,582 in Bygg og anlegg.
From 2024 to 2025: the operating margin rose from 8.3% to 12.0%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 5 MNOK and 18 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 16 MNOK |
| EV/EBIT | 8.0 | 18 MNOK |
| P/B | 1.0 | 5 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
No rules were triggered for this year.
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.1% 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.
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 2.5%. 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 | 79 | weight 30% |
|---|---|---|
| Solidity | 71 | weight 25% |
| Liquidity | 70 | weight 15% |
| Growth | 47 | weight 15% |
| Consistency | 79 | weight 15% |
Durability: 69 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is SEAS SPJELKAVIK ELEKTRO AS?
The operating margin was 12.0% in 2025, against a median of 3.7% among small companies in the same sector. Return on assets was 26.4%.
How solid is SEAS SPJELKAVIK ELEKTRO AS?
The equity ratio was 64.4% in 2025 (median 36.5%). Debt-to-equity was 0.55 (median 1.20).
What is the liquidity of SEAS SPJELKAVIK ELEKTRO AS like?
The current ratio was 2.22 in 2025 (median 1.45).
How does SEAS SPJELKAVIK ELEKTRO AS compare in Bygg og anlegg?
SEAS SPJELKAVIK ELEKTRO AS ranks 3,992 of 32,582 in Bygg og anlegg for 2025. Among companies of the same size (small companies) it ranks 3,876 of 31,720. Revenue changed by 1.1% from the year before.
From the Central Coordinating Register
- Org. no.
- 980383946
- Legal form
- AS
- Sector
- Bygg og anlegg (43.210)
- Size tier
- small
- Employees
- 12 registered 10 August 2026
- Founded
- 7 December 1998 27 years in operation
- Share capital
- 0.40 MNOK
- Business address
- Vasstrandvegen 71, 6011 ÅLESUND
- Municipality
- Ålesund rank 2–6 of 10 in KOSTRA group 11
- Latest accounts filed
- 2025
- Website
- www.seas24.no
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
- Bjørn Havnegjerde
- Chair of the board
- Bjørn Havnegjerde
- Deputy member
- Børge Havnegjerde
- Auditor
- DALE REVISJON 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 | 71 | 66 | 71 | |
| Rank | 4,783 | 6,246 | 3,992 | |
| Operating margin | 14.2% | 8.3% | 12.0% | |
| Return on assets | 28.0% | 17.2% | 26.4% | |
| Equity ratio | 52.9% | 59.4% | 64.4% | |
| Current ratio | 1.86 | 2.01 | 2.22 | |
| Revenue growth | – | −0.9% | 1.1% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 16.6 MNOK | 16.4 MNOK | 16.6 MNOK |
| Operating profit | 2.4 MNOK | 1.4 MNOK | 2.0 MNOK |
| Profit before tax | 2.4 MNOK | 1.4 MNOK | 2.0 MNOK |
| Net profit | 1.8 MNOK | 1.1 MNOK | 1.6 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 8.4 MNOK | 7.9 MNOK | 7.6 MNOK |
| Current assets | 7.4 MNOK | 6.5 MNOK | 6.0 MNOK |
| Equity | 4.5 MNOK | 4.7 MNOK | 4.9 MNOK |
| Retained earnings | 4.1 MNOK | 4.3 MNOK | 4.5 MNOK |
| Total liabilities | 4.0 MNOK | 3.2 MNOK | 2.7 MNOK |
| Current liabilities | 4.0 MNOK | 3.2 MNOK | 2.7 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 6820602.
Further
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