SEA-CARGO AS
Score · fiscal year 2025
43of 100
How to read this: the company is ahead of 35 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 669 of 1,016 · Sjøfart
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 28 and solidity 46 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
SEA-CARGO AS is 6 points below the median for medium-sized companies in the same sector in 2025.
Median score 49 among 273 companies.
Against medium-sized companies in the same sector in 2025: operating margin 2.2% (median 23.0%) and equity ratio 33.6% (median 36.2%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 853 MNOK | 204 MNOK |
| Operating margin | 2.2% | 23.0% |
| Profit margin | 3.7% | 13.6% |
| Return on assets | 8.4% | 10.1% |
| Equity ratio | 33.6% | 36.2% |
| Debt-to-equity | 1.98 | 1.69 |
| Current ratio | 1.06 | 1.34 |
| Revenue growth | 2.4% | 2.4% |
| Revenue per employee | 21.32 MNOK | 2.66 MNOK |
The median and “ahead of” refer to medium-sized companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 43, SEA-CARGO AS does better than 35% of medium-sized companies in the same sector (273 companies) in 2025.
Score 2023–2025
- SEA-CARGO AS
- Median: medium-sized companies in the same sector
SEA-CARGO AS has a score of 43 for 2025, rank 669 of 1,016 in the sector.
Strongest: Consistency: percentile 67 against peers.
Weakest: Profitability: percentile 28 against peers, operating margin 2.2% against a median of 23.0%. Liquidity: percentile 35 against peers, current ratio 1.06 against a median of 1.34.
Worth a closer look
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin 2.2% (median 23.0%).
- What lies behind weak profitability, and will it last?
- What lies behind weak liquidity, 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
SEA-CARGO AS had an operating margin of 2.2% and an equity ratio of 33.6% in 2025, and ranks 669 of 1,016 in Sjøfart.
No large changes in the key figures from 2024 to 2025.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 126 MNOK and 283 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 283 MNOK |
| EV/EBIT | 8.0 | 160 MNOK |
| P/B | 1.0 | 126 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 operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin 2.2% (median 23.0%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
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 5.1%. 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 | 28 | weight 30% |
|---|---|---|
| Solidity | 46 | weight 25% |
| Liquidity | 35 | weight 15% |
| Growth | 50 | weight 15% |
| Consistency | 67 | weight 15% |
Durability: 39 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is SEA-CARGO AS?
The operating margin was 2.2% in 2025, against a median of 23.0% among medium-sized companies in the same sector. Return on assets was 8.4%.
How solid is SEA-CARGO AS?
The equity ratio was 33.6% in 2025 (median 36.2%). Debt-to-equity was 1.98 (median 1.69).
What is the liquidity of SEA-CARGO AS like?
The current ratio was 1.06 in 2025 (median 1.34).
How does SEA-CARGO AS compare in Sjøfart?
SEA-CARGO AS ranks 669 of 1,016 in Sjøfart for 2025. Among companies of the same size (medium-sized companies) it ranks 179 of 273. Revenue changed by 2.4% from the year before.
Group accounts · 2025
38 of 100
Rank 995 of 1326 groups with group accounts. Groups are ranked only against each other, not against single companies.
- Operating revenue, group
- 1,552 MNOK
- Operating profit, group
- 96 MNOK
- Profit before tax, group
- 51 MNOK
- Total assets, group
- 1,293 MNOK
- Equity, group
- 361 MNOK
| Key figure | The group | The company alone (2025) |
|---|---|---|
| Operating margin | 6.2% | 2.2% |
| Return on assets | 3.9% | 8.4% |
| Equity ratio | 27.9% | 33.6% |
| Current ratio | 1.12 | 1.06 |
| Revenue growth | 0.5% | 2.4% |
Group index in earlier years: 2023: 64 (468 of 1716), 2024: 65 (302 of 1371).
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 2025 (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.
- 983266509
- Legal form
- AS · part of a group
- Sector
- Sjøfart (50.201)
- Size tier
- medium
- Employees
- 40 registered 10 April 2026
- Founded
- 6 April 2001 25 years in operation
- Share capital
- 25.00 MNOK
- Business address
- Wernersholmvegen 5, 5232 PARADIS (BERGEN)
- Municipality
- Bergen rank 8 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
- LEI
- 549300A3GFWZKIM7C154 renews 29 December 2026
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
- Ole Sævild
- Chair of the board
- Johan Gustav Hvide
- Board member
- Lars Helge Kyrkjebø
- Auditor
- PRICEWATERHOUSECOOPERS AS
- Accountant
- ASPIA NORGE AS
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
- Parent company
- SEATRANS AS (Norway)
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 29 October 2026. The parent is the one the company itself reported to GLEIF.
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 | 37 | 36 | 43 | |
| Rank | 626 | 739 | 669 | |
| Operating margin | 2.3% | 2.2% | 2.2% | |
| Return on assets | 12.7% | 12.3% | 8.4% | |
| Equity ratio | 32.1% | 30.6% | 33.6% | |
| Current ratio | 0.72 | 0.83 | 1.06 | |
| Revenue growth | – | 4.3% | 2.4% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 797.9 MNOK | 832.3 MNOK | 852.7 MNOK |
| Operating profit | 18.7 MNOK | 18.5 MNOK | 18.4 MNOK |
| Profit before tax | 6.6 MNOK | 11.7 MNOK | 31.4 MNOK |
| Net profit | 7.1 MNOK | 11.4 MNOK | 28.3 MNOK |
| Financial expenses | 37.1 MNOK | 27.4 MNOK | – |
| Total assets | 345.3 MNOK | 318.7 MNOK | 374.3 MNOK |
| Current assets | 71.5 MNOK | 90.3 MNOK | 140.5 MNOK |
| Equity | 110.9 MNOK | 97.4 MNOK | 125.7 MNOK |
| Retained earnings | 39.1 MNOK | 25.6 MNOK | 53.9 MNOK |
| Total liabilities | 234.3 MNOK | 221.4 MNOK | 248.6 MNOK |
| Current liabilities | 98.8 MNOK | 108.7 MNOK | 132.3 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 6700832.
Further
Similar companies
- KNUTSEN CANADIAN CHARTERING AS index 43, rank 665 · compare
- NORSPAN LNG XIII AS index 43, rank 666 · compare
- SIEM OFFSHORE PSV AS index 43, rank 668 · compare
- ISLAND VICTORY AS index 43, rank 673 · compare
- PENTAGON MARINE AS index 43, rank 676 · compare