Havfisk Management AS
Score · fiscal year 2023
38of 100
How to read this: the company is ahead of 31 % of companies in the Morning class Micro in the same sector in 2023. What does this mean?
Rank in the Morning class Micro: 757 of 1,094 · What are Morning company classes?
Place in the whole sector: 1,417 of 2,046 · Sjømat
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 13 and solidity 52 out of 100 among companies in the Morning class Micro in the same sector in 2023. Methodology
Against the sector
Havfisk Management AS is 12 points below the median for companies in the Morning class Micro in the same sector in 2023.
Median score 50 among 1,094 companies.
Against companies in the Morning class Micro in the same sector in 2023: operating margin −7.8% (median 13.1%) and equity ratio 38.6% (median 34.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 5 MNOK | 3 MNOK |
| Operating margin | −7.8% | 13.1% |
| Profit margin | −6.1% | 8.4% |
| Return on assets | −12.7% | 6.9% |
| Equity ratio | 38.6% | 34.9% |
| Debt-to-equity | 1.59 | 1.53 |
| Current ratio | 1.85 | 1.72 |
| Revenue growth | – | 42.3% |
| Revenue per employee | 1.08 MNOK | 0.63 MNOK |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 38, Havfisk Management AS does better than 31% of companies in the Morning class Micro in the same sector (1,094 companies) in 2023.
Score 2023–2025
- Havfisk Management AS
- Median: companies in the Morning class Micro in the same sector
What the numbers say
Havfisk Management AS had an operating margin of −7.8% and an equity ratio of 38.6% in 2023, and ranks 1,417 of 2,046 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 | 16.9 | not meaningful |
| EV/EBIT | 17.0 | not meaningful |
| P/B | 2.2 | 1 MNOK |
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
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −6.1% (median 8.4%).
- 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 −7.8% (median 13.1%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
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 | 13 | weight 30% |
|---|---|---|
| Solidity | 52 | weight 25% |
| Liquidity | 53 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 49 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is Havfisk Management AS?
The operating margin was −7.8% in 2023, against a median of 13.1% among companies in the Morning class Micro in the same sector. Return on assets was −12.7%. The company made a loss before tax.
How solid is Havfisk Management AS?
The equity ratio was 38.6% in 2023 (median 34.9%). Debt-to-equity was 1.59 (median 1.53).
What is the liquidity of Havfisk Management AS like?
The current ratio was 1.85 in 2023 (median 1.72).
How does Havfisk Management AS compare in Sjømat?
Havfisk Management AS ranks 1,417 of 2,046 in Sjømat for 2023. Among companies in the Morning class Micro it is number 757 of 1,094.
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.
- 983174191
- Legal form
- AS · part of a group
- Sector
- Sjømat (03.110)
- Morning company class
- Micro
- Employees
- 5 registered 10 June 2026
- Founded
- 16 March 2001 25 years in operation
- Share capital
- 0.10 MNOK
- Business address
- Havneveien 44, 9610 RYPEFJORD (HAMMERFEST)
- Municipality
- Hammerfest rank 4–13 of 13 in KOSTRA group 8
- Latest accounts filed
- 2025
- Website
- www.havfisk.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
Loading roles …
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
Shareholders (2025)
- Number of shareholders
- 1 (one owner)
- Largest owner
- 100.0%
- Split
- companies 100% · private persons 0% · foreign 0%
- Owned from the same municipality
- 100%
- Group chain
-
Owned by: Havfisk Finnmark AS (100%)
Ultimate owner: Laco AS
- Havfisk Finnmark AS · 100.0%
Change 2007–2025: no material change in the owners.
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 | 38 | 41 | 38 | |
| Rank | 1,417 | 1,312 | 1,665 | |
| Operating margin | −7.8% | −2.1% | 0.9% | |
| Return on assets | −12.7% | −0.6% | 5.7% | |
| Equity ratio | 38.6% | 32.5% | 26.1% | |
| Current ratio | 1.85 | 1.62 | 1.43 | |
| Revenue growth | – | 7.1% | 9.9% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 5.4 MNOK | 5.8 MNOK | 6.4 MNOK |
| Operating profit | −0.4 MNOK | −0.1 MNOK | 0.1 MNOK |
| Profit before tax | −0.3 MNOK | 0.0 MNOK | 0.2 MNOK |
| Tax expense | −0.1 MNOK | 0.0 MNOK | 0.0 MNOK |
| Net profit | −0.3 MNOK | 0.0 MNOK | 0.1 MNOK |
| Financial expenses | – | 0.0 MNOK | 0.0 MNOK |
| Total assets | 2.6 MNOK | 2.6 MNOK | 2.8 MNOK |
| Current assets | 2.6 MNOK | 2.6 MNOK | 2.8 MNOK |
| Equity | 1.0 MNOK | 0.9 MNOK | 0.7 MNOK |
| Retained earnings | 0.5 MNOK | 0.3 MNOK | 0.2 MNOK |
| Total liabilities | 1.6 MNOK | 1.8 MNOK | 2.1 MNOK |
| Current liabilities | 1.4 MNOK | 1.6 MNOK | 2.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 5184725.
Further
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